IC Markets vs BDSwiss, Who's Better?
Read our In-Depth IC Markets vs BDSwiss Review - Updated for 2024
This comprehensive analysis of IC Markets and BDSwiss has been updated for 2024 from knowledgeable insiders boasting significant financial experience in Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs BDSwiss does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
BDSwiss Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs BDSwiss
Each trading platforms will have some advantages and disadvantages, so a complete review of IC Markets and BDSwiss would not be regarded as thorough without adopting an objective perspective.
Examine IC Markets and BDSwiss in order to understand just how they stack up to each prior to you make an account. A comprehensive comparison helps to bring aspects into perspective in order that you remain aware of the expectations.
So you are looking for a broker and are choosing between IC Markets or BDSwiss. Who is better in 2024?
This IC Markets vs BDSwiss comparison contains the most recent information so you can easily compare BDSwiss against IC Markets.
If you are a new entrant in the realm of trading and brokers, so many facts will be confusing for you. Getting into the world of trading demands expert analyzing skills and comprehensive knowledge. You will get proficient at all of the concepts of broker as you keep trading. For starters, you need to select the ideal broker who'll be transparent with you constantly.
Within this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. IC Markets and BDSwiss are just two such trading platforms that will take you and your investment into great heights. It's important to compare IC Markets vs BDSwiss until you trust them with your money.
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 full IC Markets vs BDSwiss Review covers everything you need to learn about trading using either IC Markets or BDSwiss. A good broker can multiply your initial investments and provide you favorable profits. If you want to make profits, you should trade with a brokerage service that contrasts with your investment goals.
There is no sure-fire way to guarantee profits; therefore, you should carefully assess your broker before you choose them. It is a common misconception that all agents are the same, but that's not correct. Wrong judgment, initially, can put your investments in danger.
IC Markets and BDSwiss are both brokers which have found their way successfully into the brokerage world. In this review, we have tried to collate a number of the important aspects of both IC Markets and BDSwiss. This review will help you to understand whether either BDSwiss or IC Markets is a good match for your investments or not. We have tried to breakdown all of the qualities and fees for your convenience.
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 allows you to trade around 232 financial instruments whilst BDSwiss has around 232 available.
The more financial instruments you can trade on the IC Markets and BDSwiss 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 never 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 an online trading platform easily is vital. IC Markets and BDSwiss have the following contact details and social medias that you can use.
Broker | IC Markets | BDSwiss |
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Telephone Number | +248 467 19 76 | +49 69 175368641 |
support@icmarkets.com | support@bdswiss.com | |
Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | 75 Broad St, Ste 2400, New York City, New York 10004, USA |
IC Markets Twitter Account | BDSwiss Twitter Account | |
IC Markets Facebook Page | BDSwiss Facebook Page | |
IC Markets Instagram Account | BDSwiss Instagram Account | |
IC Markets LinkedIn Page | BDSwiss LinkedIn Page | |
YouTube | IC Markets YouTube Channel | BDSwiss YouTube Channel |
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BDSwiss and IC Markets Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver 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 both apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
IC Markets vs BDSwiss - Awards
Broker | IC Markets | BDSwiss |
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Awards |
IC Markets have won numerous industry awards over the time they have been running as an online trading platform. We show the most recognised awards for IC Markets here.
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At the time of writing this BDSwiss review, and despite BDSwiss’s impressive offering, the company has surprisingly not garnered any awards to date. |
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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 head office 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 choice.
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 honest trading onto their individual platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
As per their own privacy policies, customer data 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 broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online trading platforms are scaled much better. That is, an online broker isn't necessarily influenced by the number of clients they have.
But this does not mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly 3 types of penalties for this objective.
The first sort of charges to keep an eye out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are charged trading fees. In such instances, you're spending a spread, financing speed, or a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the flip side, a spread denotes the gap between the buying and selling cost. Financing or overnight rates are people that are charged when you maintain a leveraged position for more than a day.
Apart from trading charges, online agents also charge non-trading fees. These are dependent on the actions you undertake in your account. They are charged for operations like depositing money, not investing for lengthy periods, or withdrawals.
In general, neither IC Markets or BDSwiss charge high fees compared to other online agents. For operations other agents fee for, they either do not charge a broker fee, or they charge a lesser amount. This is beneficial for people who regularly exchange, such as daily or weekly trading.
However, non-trading fees charged by IC Markets and BDSwiss are comparatively competitive. Consequently, you are billed more for non-trading actions on your trading accounts, like withdrawal and deposits. These aren't about the purchase and sale of resources.
This IC Markets vs BDSwiss review for 2024 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For IC Markets And BDSwiss
What Languages Do IC Markets And BDSwiss Support?
Being able to communicate completely with your trading platform is a key part of comparing brokers to find the best broker. Not only for support but to be sure you understand everything on their site and inside their app as it is a key part of success when trading online.
Here you can find all 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 really important to work with a broker that is reputable and one of the most simple ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many customers IC Markets and BDSwiss are active on their platform
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.
IC Markets Review
IC Markets vs BDSwiss:
Table Of Contents
- Compare IC Markets vs BDSwiss
- Benefits of IC Markets and BDSwiss Compared
- BDSwiss and IC Markets Mobile App Comparison
- IC Markets vs BDSwiss - Awards
- IC Markets vs BDSwiss - Frequently Asked Questions
- What is the minimum deposit for BDSwiss or IC Markets
- IC Markets vs BDSwiss - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And BDSwiss
- What Languages Do IC Markets And BDSwiss Support?
- How Many Clients Do IC Markets and BDSwiss Have?
- What Payment Methods Do IC Markets and BDSwiss Accept?
- What Can You Trade With IC Markets and BDSwiss?