IC Markets vs BDSwiss: Fees Comparison And Review

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BDSwiss and IC Markets reviews highlight key differences in their fee structures. IC Markets offers lower trading costs, with raw spreads starting from 0.0 pips and a $3.50 commission per lot, making it an attractive option for cost-conscious traders. In contrast, BDSwiss has higher spreads and commissions that vary by account type. For frequent traders, IC Markets is often the more affordable choice, while BDSwiss appeals to those looking for diverse account options.

Many traders compare BDSwiss and IC Markets to see which suits them better. Both brokers have been reviewed by both traders and experts. Reading BDSwiss and IC Markets reviews helps traders understand how they perform in terms of reliability, fees, and support, so traders can decide which one fits their needs.

Choosing the best broker between BDSwiss and IC Markets depends on your trading style and needs. IC Markets is known for its low-cost trading environment, making it a top choice for scalpers and algorithmic traders. Meanwhile, BDSwiss stands out for its market insights and educational tools, making it a strong option for beginners who want to improve their trading skills while investing.

When comparing BDSwiss and IC Markets trading, both brokers offer reliable platforms with different strengths. IC Markets attracts high-frequency traders with its lower fees and institutional-grade execution. Meanwhile, BDSwiss is favored by those who value research tools and personalized customer support, giving traders a more complete experience.

IC Markets vs BDSwiss

This article provides a detailed comparison of IC Markets vs. BDSwiss, focusing on fees, trading conditions, platforms, and overall value. Whether you're a beginner looking for educational support or an experienced trader seeking low-cost execution, this guide breaks down the strengths and weaknesses of both brokers. It includes insights from BDSwiss and IC Markets reviews, helping traders make an informed decision based on their specific needs.

You'll find a side-by-side comparison of key factors like trading fees, supported markets, regulations, deposit and withdrawal methods, and research tools. Additionally, the article covers the pros and cons, safety measures, and the availability of investment programs. By the end, you'll have a clear understanding of which broker — BDSwiss or IC Markets — suits your trading style and financial goals.

IC Markets vs BDSwiss
Feature	IC Markets	BDSwiss
Overall	4.7	3.9
Regulation	5	4.8
Fees	4.9	3.7
Trading assets	4.6	3.6
Investment instruments	4.9	1
Platforms and charting tools	4.4	4.5
Deposit and withdrawal	4.6	3.9
Research	4.3	3.7
Education	4.4	4.2
Support	4.6	4.1
Bonuses	2.5	1
Open an account	Open an account Your capital is at risk.	Open an account Your capital is at risk.

IC Markets vs BDSwiss: pros and cons

For traders weighing their options, understanding the IC Markets and BDSwiss pros and cons helps in making the right decision. IC Markets is better suited for traders who want low costs and fast trade execution, thanks to its tight spreads, ECN trading, and deep liquidity. On the other hand, BDSwiss is backed by multiple regulators and offers strong customer support, making it a good choice for those who prioritize regulatory oversight and user-friendly trading platforms.

A closer IC Markets and BDSwiss comparison shows what sets these brokers apart:

IC Markets appeals to traders who prefer advanced trading tools and a cost-effective trading experience.
BDSwiss attracts those looking for extensive regulatory security and customer service.

The right broker depends on whether you prefer competitive trading conditions or a broker with a wide international regulatory reach.

IC Markets vs BDSwiss: pros and cons
Pros and cons	IC Markets	BDSwiss
Overall pros	World biggest Forex broker, over 180,000 clients and $1.11 trln monthly turnover Advanced ECN trading Order execution speed 40 mcFree VPS Trading servers in New York and London Strong regulation 2000+ trading assets, 60+ currency pairs EUR/USD average spread 0.1 pip	A vast array of trading assets A wide range of deposit and withdrawal methods Withdrawal fees are paid by the company The broker periodically conducts online lectures for its clients
Overall cons	No Forex bonuses	Lack of investment programs and trading bonuses The broker charges a fee for inactivity on the account Support is unavailable on weekends

IC Markets vs BDSwiss: safety and regulation

BDSwiss and IC Markets are regulated by top-tier authorities, ensuring a secure trading environment. They hold Tier-1 regulation, which signifies strong oversight, with both brokers being regulated by ASIC (Australia) and the FSA (Seychelles).

While BDSwiss and IC Markets are regulated, they do not hold licenses from regulatory bodies like the CFTC (U.S.), MAS (Singapore), FSCA (South Africa), or BVIFSC (British Virgin Islands). This may be a consideration for traders who prefer brokers with more diverse regulatory coverage.

IC Markets vs BDSwiss: safety and regulation
Safety and regulation	IC Markets	BDSwiss
Max. regulation Level	Tier-1	Tier-1
Investor protection	€20,000	€20,000
FCA UK regulation	No	No
FINRA (U.S)	No	No
BaFin (Germany)	No	No
ASIC (Australia)	Yes	Yes
CFTC (U.S)	No	No
MAS	No	No
FSCA SA	No	No
BVIFSC	No	No
VFSC	No	No
FSA (Seychelles)	Yes	Yes

IC Markets vs BDSwiss: trading conditions

Both brokers provide flexible trading environments, but the choice depends on individual trading preferences. Those comparing trading conditions at BDSwiss and IC Markets should consider factors such as leverage, available assets, and account types to determine which broker best suits their strategy.

The BDSwiss and IC Markets platform options cater to different trader needs. Both brokers support MetaTrader 4 and MetaTrader 5, but their additional platform choices set them apart. While IC Markets includes support for cTrader, BDSwiss offers WebTrader and mobile apps. Leverage structures also vary — both brokers provide up to 1:500 for Forex trading, but BDSwiss restricts investment accounts to a leverage cap of 1:5.

When it comes to funding an account, the BDSwiss and IC Markets minimum deposit differs. IC Markets requires a $200 deposit, while BDSwiss allows traders to start with just $100, making it a more accessible option for beginners. This lower entry requirement at BDSwiss may appeal to traders looking to start with a smaller investment, while IC Markets remains a strong choice for those seeking a broader asset selection and advanced trading conditions.

IC Markets vs BDSwiss: trading conditions
Trading conditions	IC Markets	BDSwiss
Minimum deposit	$200	$100
Trading platforms	MT4, MT5, cTrader	MetaTrader 4, MetaTrader 5, BDSwiss Webtrader, and BDSwiss mobile apps for iOS and Android
Max leverage (Futures)	1-500	1:500 for Forex accounts and 1:5 for investment accounts
Supported markets	Forex, futures, CFDs on indices, commodities, metals, stocks and bonds	Currency pairs, CFDs, indices, stocks, commodities, cryptocurrencies, and ETFs
Trading assets	2000+	250+
Trading accounts	cTrader, Raw Spread, Standard	Classic, VIP, Raw, InvestPLUS
Base account currencies	USD, AUD, GBP, CHF, JPY, NZD, SGD, CAD, HKD, BTC	EUR, USD, GBP

IC Markets vs BDSwiss: fees

When comparing IC Markets and BDSwiss, traders often look at fees to determine which broker offers better cost efficiency. Both brokers follow a similar pricing model, ensuring transparency in trading costs. The fees include tight ECN spreads and a commission of $3.50 per lot for ECN accounts, making them appealing choices for traders who prioritize low-cost trading.

For those opening an account with IC Markets or BDSwiss, both brokers provide flexible funding options with no deposit fees, allowing traders to add funds without extra charges. Additionally, IC Markets and BDSwiss account holders benefit from free withdrawals, regardless of the transaction amount. Neither broker imposes inactivity fees, ensuring that traders won’t be penalized for leaving their accounts idle.

A key factor for many traders is the spreads offered by IC Markets and BDSwiss. For Standard accounts, spreads on EUR/USD start at 0.8 pips and can go up to 1.0 pip, while ECN accounts provide even lower spreads, reaching as low as 0.1 pips.

IC Markets vs BDSwiss: fees
Fees	IC Markets	BDSwiss
Standard acc. spread EUR/USD, min pips	0,8	0,8
Standard acc. spread EUR/USD, max pips	1,0	1,0
ECN commission	3,5	3,5
ECN spread EUR/USD	0,1	0,1
Deposit fee, %	No	No
Withdrawal fee, %	No	No
Withdrawal fee, USD	No	No
Inactivity fee, $	No	No

A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.

IC Markets vs BDSwiss: trading assets

When it comes to Forex, both BDSwiss and IC Markets provide access to a wide selection of trading instruments. IC Markets offers over 2,000 assets, including Forex, stocks (as CFDs), metals, indices, ETFs, and cryptocurrencies. Meanwhile, BDSwiss provides a more limited selection of around 250+ instruments but still covers major asset classes.

However, the way BDSwiss and IC Markets trading is structured differs in certain areas. IC Markets expands its offerings to include bonds, energy, and futures trading (as CFDs), whereas BDSwiss does not provide these instruments. Additionally, neither broker offers access to mutual funds, stock options, or binary options.

For traders focused on Forex, BDSwiss and IC Markets both provide extensive currency pair selections. However, those seeking a wider range of assets may find IC Markets more appealing due to its additional markets, such as bonds and energy CFDs. On the other hand, BDSwiss remains a solid option for traders with a more focused investment approach, particularly in traditional Forex and CFD trading.

IC Markets vs BDSwiss: trading assets
Asset name	IC Markets	BDSwiss
Overall	2000+ trading assets	250+
Forex	Yes	Yes
Stocks	Yes (CFD)	Yes (CFD)
Metals	Yes (CFD)	Yes
Cryptocurrencies	Yes (CFD)	Yes (CFD)
Energy	Yes (CFD)	No
Indices	Yes (CFD)	Yes
ETFs	Yes (CFD)	Yes
Bonds	Yes (CFD)	No
Mutual funds	No	No
Stock options	No	No
Futures trading	Yes (CFD)	No
Binary options	No	No

IC Markets or BDSwiss: investment programs

When evaluating IC Markets and BDSwiss investment programs, IC Markets provides more options for traders seeking automated or managed trading solutions. It supports copy trading, allowing users to replicate the strategies of experienced traders. Additionally, IC Markets offers MAM/PAMM accounts, enabling fund managers to trade on behalf of multiple investors. In contrast, BDSwiss does not provide copy trading or MAM/PAMM services.

IC Markets or BDSwiss: investment programs
Asset name	IC Markets	BDSwiss
Copy trading	Yes	No
MAM/PAMM	Yes	No
Managed accounts	No	No
Other	No	No

Trading platforms: BDSwiss or IC Markets

The BDSwiss and IC Markets platform choices differ in key areas. IC Markets offers cTrader, known for its advanced charting tools and faster order execution, whereas BDSwiss does not support it. Additionally, IC Markets provides its own IC Markets terminal, while BDSwiss does not have a proprietary platform.

Looking at BDSwiss and IC Markets trading, it’s clear that IC Markets offers more platform choices. It supports MT4, MT5, and cTrader, giving traders more flexibility in how they trade. On the other hand, BDSwiss remains a solid option for those who primarily use MT4 and MT5. The right choice depends on which platform a trader is more comfortable with and the features they need for their strategy.

Trading platforms: BDSwiss or IC Markets
Trading platforms	IC Markets	BDSwiss
MT4	Yes	Yes
MT5	Yes	Yes
cTrader	Yes	No
Appropriate platform	IC Markets terminal	No
Others	No	No

IC Markets vs BDSwiss: deposit and withdrawal methods

Both BDSwiss and IC Markets offer a range of withdrawal options, allowing traders to move funds using bank wire transfers, bank cards, and Neteller. However, neither broker supports BTC, Wise, Payoneer, or USDT, which may be a limitation for those preferring crypto-based transactions.

For traders evaluating the BDSwiss and IC Markets minimum deposit, there is a notable difference in the entry requirement. While IC Markets requires a $200 minimum deposit, BDSwiss allows traders to start with just $100, making it more accessible for beginners. This difference in funding requirements may influence traders based on their initial investment preferences.

When considering BDSwiss and IC Markets deposit methods, both brokers provide similar funding options. Traders can deposit money via bank transfers, credit/debit cards, and Neteller, making the process straightforward. The choice between these brokers ultimately depends on preferred payment methods and the amount traders are willing to deposit when getting started.

IC Markets vs BDSwiss: deposit and withdrawal methods
Deposit and withdrawal methods	IC Markets	BDSwiss
Bank wire	Yes	Yes
Bank card	Yes	Yes
Neteller	Yes	Yes
BTC	No	No
Wise	No	No
Payoneer	No	No
USDT	No	No

IC Markets vs BDSwiss: research

When considering BDSwiss and IC Markets research types, IC Markets provides a more comprehensive selection of research tools. It offers a news feed, fundamental data, trading ideas, and email reports, helping traders stay informed about market trends. In contrast, BDSwiss lacks these features, limiting research options for its users.

IC Markets vs BDSwiss: research
Research type	IC Markets	BDSwiss
News feed	Yes	No
Fundamental data	Yes	No
Chart analysis	Yes	Yes
Trading ideas	Yes	No
Email reports	Yes	No

IC Markets vs BDSwiss: education

When it comes to learning resources, BDSwiss and IC Markets both offer valuable education tools for traders. Both brokers provide demo accounts and educational videos, making it easier for newcomers to practice without risk. However, education programs differ in depth — IC Markets offers additional learning opportunities, including webinars and in-depth educational articles, while BDSwiss has a more limited selection.

For those just starting out, choosing between BDSwiss and IC Markets materials for beginners depends on the level of support they need. IC Markets stands out by providing webinars and strategy-focused articles that help traders build their knowledge and refine their techniques. While BDSwiss also offers educational tools, its resources are not as comprehensive as those of IC Markets. Additionally, neither broker provides a cent account, which could be beneficial for beginners who prefer trading with very small amounts.

IC Markets vs BDSwiss: education
Education type	IC Markets	BDSwiss
Demo-account/Paper trading	Yes	Yes
Webinars	Yes	No
Articles	Yes	No
Videos	Yes	Yes
Cent account	No	No

BDSwiss vs IC Markets: support

When evaluating customer service, IC Markets and BDSwiss both offer strong support, ensuring traders receive assistance whenever needed. Their customer service is available 24/5, covering all trading days. For those who prefer instant communication, IC Markets and BDSwiss both provide live chat services, enabling traders to get quick answers to their queries. It is particularly useful for urgent issues, allowing traders to connect with a representative in real-time. However, beyond these standard communication channels, neither broker offers additional customer service methods.

Overall, both brokers provide solid support, but traders should consider factors like response time and service quality when choosing between IC Markets and BDSwiss for their customer service needs.

BDSwiss vs IC Markets: support
Support features	IC Markets	BDSwiss
Working days	24/5	24/5
E-mail	Yes	Yes
Phone	Yes	Yes
Online chat	Yes	Yes
Other	No	No

IC Markets vs BDSwiss: Forex bonuses and promo

When comparing the BDSwiss and IC Markets offers, neither broker provides a Forex bonus for traders. However, both have affiliate programs with different structures. IC Markets rewards affiliates with a percentage of trading commissions, while BDSwiss offers a referral program, where each referred active trader earns the affiliate 150 EUR, with a maximum payout of 1500 EUR.

For traders looking for an IC Markets and BDSwiss bonus, neither platform currently offers direct trading bonuses or promotions. However, their affiliate programs can provide earnings for those referring new traders. Choosing between the two depends on individual preferences for commission-based rewards or fixed referral payouts.

IC Markets vs BDSwiss: Forex bonuses and promo
Promo	IC Markets	BDSwiss
Forex bonus	Not offered	No
Affiliate program	% of trading commissions	Each member of the referral program receives an individual link and can receive 150 EUR for each active trader. The maximum amount of total payments is 1500 EUR.

Conclusion

IC Markets offers lower fees, tighter spreads, and more assets, making it ideal for cost-conscious traders. With raw spreads from 0.0 pips and a $3.50 commission per lot, it suits scalpers and algorithmic traders. BDSwiss, while pricier, provides better research and education, appealing to beginners. Both support MT4 and MT5, but IC Markets also offers cTrader.

IC Markets excels in pricing, execution, and asset variety, while BDSwiss focuses on research and referrals. Both have no deposit or withdrawal fees, but BDSwiss requires a lower $100 deposit. IC Markets supports copy trading and MAM/PAMM, which BDSwiss lacks. Choose IC Markets for low-cost trading; and BDSwiss for education.

FAQs

What should I start Forex trading with?

Novice traders should explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker and learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.

What amount should I start trading with?

The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECN accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.

What should I take into consideration when choosing a broker?

Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, and customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.

Is it possible to be scammed by a broker with a license from a reputable regulator?

In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.

Team that worked on the article

Alamin Morshed is a contributor at Traders Union. He specializes in writing articles for businesses that want to improve their Google search rankings to compete with their competition. With expertise in search engine optimization (SEO) and content marketing, he ensures his work is both informative and impactful.

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Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.

As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).