IC Markets vs BDSwiss, for 2022
|
|
|
IC Markets Rating: 8.34 / 10 |
BDSwiss Rating: 4.41 / 10 |
|
Losses can exceed deposits |
Your capital is at risk |
IC Markets vs BDSwiss Guide |
|
Read our In-Depth IC Markets vs BDSwiss Review - Updated for 2022
This IC Markets vs BDSwiss review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this IC Markets vs BDSwiss review 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.
So you are looking for an online trading platform and are choosing between IC Markets or BDSwiss. Who should you choose?
This IC Markets vs BDSwiss review contains the most recent information so you can easily compare BDSwiss against IC Markets.
If you are a new entrant in the world of trading and brokerages, so many details will be perplexing for you. Getting into the world of trading demands expert analyzing skills and comprehensive knowledge. You'll acquire adept at all of the concepts of brokerage since you keep trading. For starters, you need to select the ideal agent who'll be clear with you constantly.
In this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment program has the potential to create hefty returns. IC Markets and BDSwiss are two such stages that will take you and your investment into great heights. It is important to compare IC Markets vs BDSwiss before 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 full IC Markets vs BDSwiss Review covers all you will need to learn about trading with either IC Markets or BDSwiss. A good broker can multiply your first investments and provide you positive profits. If you would like to earn profits, you should trade with a brokerage service that aligns with your investment objectives.
There is no sure-fire method to guarantee profits; therefore, you should carefully assess your broker before you choose them. It is a frequent misconception that all agents are the same, but that's not true. Wrong judgment, initially, can set your investments in danger.
IC Markets and BDSwiss are both brokers that have found their way successfully to the broker world. In this review, we have tried to collate some of the important facets of both IC Markets and BDSwiss. This review can allow you to understand whether either BDSwiss or IC Markets is a good fit for your investments or not. We've attempted to breakdown all of the qualities and fees for your convenience.
Compare IC Markets vs BDSwiss
Every online trading platform has some ups and downs, and no IC Markets and BDSwiss review would be complete without showing both sides. Compare IC Markets and BDSwiss to understand how they stack up against each other before you open an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Benefits of IC Markets and BDSwiss Compared
IC Markets has a minimum deposit of $200 while BDSwiss has 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 while BDSwiss allows you to trade around 232 financial instruments on their platform.
The more financial 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 your broker simply is important. IC Markets and BDSwiss have the following contact details and social medias that you can use.
|
|
||
|---|---|---|
| Broker | IC Markets | BDSwiss |
| Telephone Number | +248 467 19 76 | |
| support@icmarkets.com | ||
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
| 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 |
| Find Out More |
|
|
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.
This part of comparing IC Markets and BDSwiss will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as better than 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 |
| Awards |
IC Markets have won several industry awards over the time they have been running as an online trading platform. We list the most notable awards for IC Markets here.
|
At the time of writing this BDSwiss review, and despite BDSwiss’s impressive offering, the company has surprisingly not garnered any awards to date. |
| Find Out More |
|
|
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 1994 and has its headquaters 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 circumstances, 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 Unregulated.
BDSwiss is unregulated but IC Markets has a strong set of rules for ensuring honest trading onto its own platforms. For data encryption purposes, they supply industry-standard secure socket layer (SSL).
In accordance with their own privacy regulation, customer data is to not be shared with any other institutions or individuals. This includes 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 prices than traditional brokerages tend to bill. The cause of this is that the companies of online trading platforms are scaled better. In other words, an internet broker isn't necessarily influenced by the number of clients they have.
But this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are primarily 3 different types of fees for this objective.
The first kind of fees to keep an eye out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you're charged trading fees. In such cases, you are paying a spread, financing speed, or even a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread denotes the gap between the buying and selling cost. Financing or overnight rates are people that are billed when you maintain a leveraged position for longer than daily.
Aside from trading fees, online brokers also bill non-trading fees. These are determined by the actions you undertake on your accounts. They are charged for operations like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, neither IC Markets or BDSwiss charge high fees in comparison to other online brokers. 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, for example weekly or daily trading.
However, non-trading fees charged by IC Markets and BDSwiss are relatively competitive. As a result, you are charged more for non-trading activities in your trading accounts, such as deposits and withdrawal. These are not related to the sale and purchase of resources.
This IC Markets vs BDSwiss review for 2022 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For IC Markets And BDSwiss
|
|
||
|---|---|---|
| Broker | IC Markets | BDSwiss |
| Minimum Deposit | $200 | $500 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
| Find Out More |
|
|
What Languages Do IC Markets And BDSwiss Support?
Being able to communicate easily with your trading broker is a key way of comparing online brokers to find your perfect broker. Not only for support but to ensure you completely understand everything on their website and inside their application as it is a key factor to success when trading forex.
Below you will 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 known and trusted. It is really important to work with an online broker you can trust and one of the most simple ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many clients IC Markets and BDSwiss are active on their platform
|
|
||
|---|---|---|
| Broker | IC Markets | BDSwiss |
| Clients / Users | 60,000+ | 10,000+ |
| Find Out More |
|
|
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
|
|
||
|---|---|---|
| Broker | IC Markets | BDSwiss |
| Bank Transfers | Yes | Yes |
| Credit Cards | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Payoneer | No | Yes |
| Neteller | Yes | No |
| Find Out More |
|
|
What Can You Trade With IC Markets and BDSwiss?
IC Markets offers 232 trading instruments whilst BDSwiss offers 47.
Below you will find a full breakdown of what both IC Markets and BDSwiss offer.
Compare IC Markets To All Other Brokers
Compare BDSwiss To All Other Brokers
