IC Markets vs BDSwiss, 2023 Update

Compare IC Markets vs BDSwiss

All trading platforms feature a few advantages and disadvantages, so a complete analysis of IC Markets vs BDSwiss would not be regarded as thorough without having a balanced approach.

Examine BDSwiss and IC Markets to get a better understanding of how they compare with each prior to you create an account. Performing a side-by-side comparison helps to place factors into perspective so that you're informed about what to expect.

So you are looking for a reputable broker and are choosing between IC Markets or BDSwiss. Which one is best in 2023?

Our IC Markets vs BDSwiss comparison contains the most recent information so you can easily compare BDSwiss against IC Markets.

If you're a new entrant in the world of trading and brokerages, so many nuances will be confusing for you. Getting into the area of trading requires expert assessing skills and comprehensive knowledge. You'll get adept at all the concepts of brokerage as you keep trading. For starters, you need to choose the right agent who will be transparent with you always.

Within this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally lead investment program has the potential to generate hefty returns. IC Markets and BDSwiss are just two such stages that will take you along with your investment into great heights. It's crucial that you compare IC Markets vs BDSwiss until you trust them with your cash.

Our IC Markets vs BDSwiss comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and BDSwiss side by side.

Our entire IC Markets vs BDSwiss Review covers everything you need to know about trading using either IC Markets or BDSwiss. A fantastic broker can multiply your initial investments and give you favorable profits. If you would like to make profits, you should trade with a brokerage service that aligns with your investing goals.

There's absolutely no sure-fire way to ensure profits; therefore, you should carefully analyze your agent before you choose them. It is a common misconception that all agents will be the same, but that is not true. Wrong judgment, initially, can put your investments at risk.

IC Markets and BDSwiss are both brokers which have forged their way successfully to the broker world. Within this review, we have attempted to collate some of the vital facets of both IC Markets and BDSwiss. This review can allow you to know whether either BDSwiss or IC Markets is a fantastic match for your investments or not. We have tried to breakdown all of the qualities and fees for your advantage.

Benefits of IC Markets and BDSwiss Compared

IC Markets offers a minimum deposit of $200 while BDSwiss offers a $500 minimum deposit.

Why smaller minimum deposits are good and how IC Markets and BDSwiss compare

The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.

IC Markets has around 232 financial instruments whilst BDSwiss allows you to trade around 232 financial instruments on their platform.

The more instruments you can trade on the IC Markets and BDSwiss trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of IC Markets or BDSwiss.

IC Markets and BDSwiss Contact Details

Being able to contact a broker simply is a sign of a professional broker. IC Markets and BDSwiss have the following contact details and social medias that you can use.

BDSwiss and IC Markets Mobile App Comparison

It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.

In this part of our comparison of IC Markets and BDSwiss we'll check whether either of their mobile apps tick all the boxes.

We rate overall the user-friendliness of the apps as Better than the average.

It is important that any trading app has user friendly capabilities especially with the

Search Functions

Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?

IC Markets vs BDSwiss - Awards

IC Markets vs BDSwiss - Frequently Asked Questions

IC Markets vs BDSwiss - Headquarters And Year Of Founding

IC Markets was founded in 2007 and has its headquaters in Australia.

BDSwiss was founded in 2012 and has its head office in Mauritius.

What is the minimum deposit for BDSwiss or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for BDSwiss is $500.

Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both IC Markets and BDSwiss are a good option.

IC Markets vs BDSwiss - Regulation And Licencing In More Detail

IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).

BDSwiss is regulated by BDS Ltd (Registration No. 8424660-1) is authorized and regulated by the Financial Services Authority (the “FSA”, licence no. SD047) Registered address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles.

Both IC Markets and BDSwiss have a strong collection of rules for ensuring fair trading on their own platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).

In accordance with their individual privacy policies, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial details.

Compare IC Markets vs BDSwiss Commission And Fees

IC Markets and BDSwiss are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled much better. In other words, an online broker isn't necessarily influenced by the number of customers they have.

However, this doesn't mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are mainly 3 types of penalties for this objective.

The first kind of fees to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you're billed trading charges. In these cases, you are spending a spread, funding speed, or even a commission. The sorts of trading charges and the rates vary from broker to broker.

Commissions could be fixed or dependent on the traded volume. On the flip side, a spread refers to the difference between the buying and selling cost. Financing or overnight prices are people that are charged when you maintain a leveraged position for longer than daily.

Aside from trading fees, online agents also charge non-trading fees. These are determined by the actions you undertake in your accounts. They are billed for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.

Generally, neither IC Markets or BDSwiss charge high fees compared to other online brokers. For operations other agents charge for, they do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for those who regularly exchange, such as weekly or daily trading.

However, non-trading fees charged by IC Markets and BDSwiss are comparatively higher. As a result, you are billed more for non-trading actions in your trading accounts, like deposits and withdrawal. These are not about the sale and purchase of assets.

This IC Markets vs BDSwiss review for 2023 breaks down every one of the applicable non-trading fees for you in detail.

Compare Broker Fees For IC Markets And BDSwiss

What Languages Do IC Markets And BDSwiss Support?

Being able to chat easily with your online platform is a key way of comparing brokers to find the best trading partner. Not only for support but to be sure you understand everything on their website and inside their application as it is a key part of success when trading forex.

Below you can find the languages that both IC Markets and BDSwiss support.

How Many Clients Do IC Markets and BDSwiss Have?

Both IC Markets and BDSwiss are well established with their customer base. It is important to work with a broker that is professional and one of the easiest ways of establishing this is by knowing how many clients are using their services.

Below you will find details of how many users IC Markets and BDSwiss have

What Payment Methods Do IC Markets and BDSwiss Accept?

IC Markets and BDSwiss both offer a wide range of payment options which is vital when you have a global customer base.

Below you will find details of all the payment options available at IC Markets and BDSwiss

What Can You Trade With IC Markets and BDSwiss?

IC Markets offers 232 trading instruments and BDSwiss offers 47.

Below you will find a full breakdown of what both IC Markets and BDSwiss offer.