Comparison of BDSwiss and IC Markets
| Feature | BDSwiss | IC Markets |
|---|---|---|
| Broker | ||
| Year Founded | 2012 | 2007 |
| Broker Type | STP, MM | ECN, DMA |
| Dealing | A-book, B-book | A-book |
| Execution | Market | Market |
| Regulation | SFSA, MISA, FSC, FSCA | SFSA, ASIC, CySEC, CMA |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), BDSwiss WebTrader | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView |
| Spread | ⮕ Average | ⬊ Low |
| Maximum Leverage | 1:2000 | 1:500 |
| Minimum Deposit | $10 | $200 |
| Base Currencies | USD, EUR, GBP | USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, HKD |
| Funding Methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, PayRetailers, AstroPay, Globepayinc, M-Pesa, Interac, Korapay, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Bitcoin Cash (BCH), Litecoin (LTC), Dash (DASH), Zcash (ZEC), TrueUSD (TUSD), Tron (TRX), Cardano (ADA) | Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, Bpay, FasaPay, Klarna, POLi, Rapidpay |
| Inactivity Fee | $30 per month after 30 days of inactivity | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | No fee on cards & e-wallets; $10 for bank wires below $100, free above | ✖ |
| Investor Protection | - | Investor Compensation Fund (ICF) |
| Protection Size | - | €20 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✔ |
| Copy Trading | ✔ | ✔ |
| VPS | ✔ | ✔ |
| MAM/PAMM | ✖ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✔ | ✔ |
| Tradable Assets (CFDs) | Forex, Indices, Shares, Cryptocurrencies, Metals, Energies | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities |
| Review | BDSwiss Review | IC Markets Review |
About BDSwiss
Founded in 2012, BDSwiss has grown to 1.7 million+ accounts worldwide. The broker offers MT4, MT5 and its own WebTrader with ultra-fast execution (0.08 s) and dynamic leverage up to 1:2000. Four live accounts-Classic, VIP, Cent and Raw (Zero-Spread)-start from just $10, while negative-balance protection and segregated funds add safety. Research by Trading Central, Autochartist tools and daily webinars make BDSwiss attractive for active traders; the downside is the $30 inactivity charge and absence of top-tier (EU/UK) regulation.
Pros
- Minimum deposit from $10
- Dynamic leverage up to 1:2000
- MT4/MT5 plus proprietary WebTrader
- Autochartist + Trading Central analytics
- 24/5 multilingual support in 20+ languages
- Negative-balance protection & segregated funds
Cons
- No tier-1 (FCA/CySEC) licence
- Inactivity fee after 30 days
- Lack of ETFs and bonds
- Clients from EU/UK/US not accepted
About IC Markets
IC Markets is a leading forex and CFD broker, well-known for its exceptional trading conditions and advanced technology. Established in 2007 and regulated by multiple top-tier authorities, including ASIC, CySEC, and the FSA Seychelles, IC Markets has earned a solid reputation among retail and institutional traders alike. The broker is particularly favored by scalpers, day traders, and algorithmic traders for its ultra-tight spreads, fast execution speeds, and no-dealing-desk (NDD) model. With access to powerful platforms like MetaTrader 4, MetaTrader 5, and cTrader, IC Markets offers a seamless trading experience across various asset classes, including forex, indices, commodities, and cryptocurrencies. Its focus on transparency, competitive pricing, and exceptional liquidity ensures that traders can execute strategies efficiently. However, while IC Markets excels in trading infrastructure, it offers limited educational resources, which may not fully cater to beginners.
Pros
- Regulated by top-tier authorities (ASIC, CySEC)
- Tight spreads starting from 0.0 pips on Raw Spread accounts
- No dealing desk (NDD) model ensures transparent and fast execution
- Excellent platforms: MetaTrader 4, MetaTrader 5, and cTrader
- High liquidity and competitive pricing ideal for scalping and algorithmic trading
- Wide range of tradable assets, including cryptocurrencies
- Dedicated 24/7 customer support
Cons
- Restricted availability in some regions due to regulatory constraints
- Withdrawal fees may apply for certain methods
BDSwiss & IC Markets Regulation
| Feature | BDSwiss | IC Markets |
|---|---|---|
Companies | BDS Ltd, BDS Markets, BDSwiss Markets SA (PTY) Ltd | Raw Trading Ltd, International Capital Markets Pty Ltd, IC Markets (EU) Ltd, IC Markets (KE) Limited |
Countries | Seychelles, Mauritius, South Africa | Seychelles, Australia, Cyprus, Kenya |
Regulators | SFSA, MISA, FSC, FSCA | SFSA, ASIC, CySEC, CMA |
Investor Protection | - | Investor Compensation Fund (ICF) |
Investor Protection Size | - | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
BDSwiss
BDS Ltd, BDS Markets, BDSwiss Markets SA (PTY) Ltd
IC Markets
Raw Trading Ltd, International Capital Markets Pty Ltd, IC Markets (EU) Ltd, IC Markets (KE) Limited
Countries
BDSwiss
Seychelles, Mauritius, South Africa
IC Markets
Seychelles, Australia, Cyprus, Kenya
Regulators
BDSwiss
SFSA, MISA, FSC, FSCA
IC Markets
SFSA, ASIC, CySEC, CMA
Investor Protection
BDSwiss
-
IC Markets
Investor Compensation Fund (ICF)
Investor Protection Size
BDSwiss
-
IC Markets
€20 000
Publicly Traded
BDSwiss
IC Markets
Segregated Accounts
BDSwiss
IC Markets
Guaranteed Stop Loss
BDSwiss
IC Markets
Negative Balance Protection
BDSwiss
IC Markets
Account Types
| Account | BDSwiss | IC Markets |
|---|---|---|
Market Maker Account | ||
| Account Name | Classic | — |
| Min Deposit | $10 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 1.2 | — |
| Fee | No | — |
| Max Leverage | 1:2000 | — |
| Stop Out | 20% | — |
| Margin Call | 50% | — |
STP Account | ||
| Account Name | VIP | — |
| Min Deposit | $250 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 1.1 | — |
| Fee | No | — |
| Max Leverage | 1:2000 | — |
| Stop Out | 20% | — |
| Margin Call | 50% | — |
ECN Account | ||
| Account Name | — | Standard |
| Min Deposit | — | $200 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.6 |
| Fee | — | No |
| Max Leverage | — | 1:500 |
| Stop Out | — | 50% |
| Margin Call | — | 100% |
Zero Account | ||
| Account Name | Zero-Spread | Raw Spread |
| Min Deposit | $100 | $200 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.0 | 0 |
| Fee | $6 per 1 lot | $7 per 1 lot |
| Max Leverage | 1:2000 | 1:500 |
| Stop Out | 20% | 50% |
| Margin Call | 50% | 100% |
Cent Account | ||
| Account Name | Cent | — |
| Min Deposit | $10 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 1.6 | — |
| Fee | No | — |
| Max Leverage | 1:2000 | — |
| Stop Out | 20% | — |
| Margin Call | 50% | — |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Market Maker Account
Account Name
BDSwiss
Classic
IC Markets
—
Min Deposit
BDSwiss
$10
IC Markets
—
Lot Size
BDSwiss
0.01
IC Markets
—
Spread Type
BDSwiss
Floating
IC Markets
—
Execution
BDSwiss
Market
IC Markets
—
Min Spread
BDSwiss
1.2
IC Markets
—
Fee
BDSwiss
No
IC Markets
—
Max Leverage
BDSwiss
1:2000
IC Markets
—
Stop Out
BDSwiss
20%
IC Markets
—
Margin Call
BDSwiss
50%
IC Markets
—
STP Account
Account Name
BDSwiss
VIP
IC Markets
—
Min Deposit
BDSwiss
$250
IC Markets
—
Lot Size
BDSwiss
0.01
IC Markets
—
Spread Type
BDSwiss
Floating
IC Markets
—
Execution
BDSwiss
Market
IC Markets
—
Min Spread
BDSwiss
1.1
IC Markets
—
Fee
BDSwiss
No
IC Markets
—
Max Leverage
BDSwiss
1:2000
IC Markets
—
Stop Out
BDSwiss
20%
IC Markets
—
Margin Call
BDSwiss
50%
IC Markets
—
ECN Account
Account Name
BDSwiss
—
IC Markets
Standard
Min Deposit
BDSwiss
—
IC Markets
$200
Lot Size
BDSwiss
—
IC Markets
0.01
Spread Type
BDSwiss
—
IC Markets
Floating
Execution
BDSwiss
—
IC Markets
Market
Min Spread
BDSwiss
—
IC Markets
0.6
Fee
BDSwiss
—
IC Markets
No
Max Leverage
BDSwiss
—
IC Markets
1:500
Stop Out
BDSwiss
—
IC Markets
50%
Margin Call
BDSwiss
—
IC Markets
100%
Zero Account
Account Name
BDSwiss
Zero-Spread
IC Markets
Raw Spread
Min Deposit
BDSwiss
$100
IC Markets
$200
Lot Size
BDSwiss
0.01
IC Markets
0.01
Spread Type
BDSwiss
Floating
IC Markets
Floating
Execution
BDSwiss
Market
IC Markets
Market
Min Spread
BDSwiss
0.0
IC Markets
0
Fee
BDSwiss
$6 per 1 lot
IC Markets
$7 per 1 lot
Max Leverage
BDSwiss
1:2000
IC Markets
1:500
Stop Out
BDSwiss
20%
IC Markets
50%
Margin Call
BDSwiss
50%
IC Markets
100%
Cent Account
Account Name
BDSwiss
Cent
IC Markets
—
Min Deposit
BDSwiss
$10
IC Markets
—
Lot Size
BDSwiss
0.01
IC Markets
—
Spread Type
BDSwiss
Floating
IC Markets
—
Execution
BDSwiss
Market
IC Markets
—
Min Spread
BDSwiss
1.6
IC Markets
—
Fee
BDSwiss
No
IC Markets
—
Max Leverage
BDSwiss
1:2000
IC Markets
—
Stop Out
BDSwiss
20%
IC Markets
—
Margin Call
BDSwiss
50%
IC Markets
—
Additional Features
Demo Account
BDSwiss
IC Markets
VIP Account
BDSwiss
IC Markets
Swap-Free Account
BDSwiss
IC Markets
Copy Trading
BDSwiss
IC Markets
VPS
BDSwiss
IC Markets
PAMM/MAM Accounts
BDSwiss
IC Markets
Funding and Fees
| Feature | BDSwiss | IC Markets |
|---|---|---|
Base currencies | USD, EUR, GBP | USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, HKD |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, PayRetailers, AstroPay, Globepayinc, M-Pesa, Interac, Korapay, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Bitcoin Cash (BCH), Litecoin (LTC), Dash (DASH), Zcash (ZEC), TrueUSD (TUSD), Tron (TRX), Cardano (ADA) | Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, Bpay, FasaPay, Klarna, POLi, Rapidpay |
Inactivity fee | $30 per month after 30 days of inactivity | |
Interest on margin | ||
Withdrawal fee | No fee on cards & e-wallets; $10 for bank wires below $100, free above |
Base currencies
BDSwiss
USD, EUR, GBP
IC Markets
USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, HKD
Deposit and withdrawal methods
BDSwiss
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, PayRetailers, AstroPay, Globepayinc, M-Pesa, Interac, Korapay, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Bitcoin Cash (BCH), Litecoin (LTC), Dash (DASH), Zcash (ZEC), TrueUSD (TUSD), Tron (TRX), Cardano (ADA)
IC Markets
Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, Bpay, FasaPay, Klarna, POLi, Rapidpay
Inactivity fee
BDSwiss
$30 per month after 30 days of inactivity
IC Markets
Interest on margin
BDSwiss
IC Markets
Withdrawal fee
BDSwiss
No fee on cards & e-wallets; $10 for bank wires below $100, free above
IC Markets
Trading Platforms and Conditions
| Feature | BDSwiss | IC Markets |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), BDSwiss WebTrader | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView |
Execution Speed | 80 ms | 40 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | average | low |
Trading Platforms
BDSwiss
MetaTrader 4 (MT4), MetaTrader 5 (MT5), BDSwiss WebTrader
IC Markets
MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView
Execution Speed
BDSwiss
80 ms
IC Markets
40 ms
Scalping
BDSwiss
IC Markets
Expert Advisors (EAs)
BDSwiss
IC Markets
Depth of Market (DOM)
BDSwiss
IC Markets
Spread
BDSwiss
average
IC Markets
low
Trading Assets
| Asset | BDSwiss | IC Markets |
|---|---|---|
Currencies | 51 | 61 |
Indices | 11 | 25 |
Stocks | 128 | 2175 |
Cryptocurrencies | 26 | 21 |
Bonds | 0 | 10 |
Metals | 4 | 7 |
Energies | 2 | 5 |
Soft Commodities | 0 | 8 |
ETFs | 0 | 38 |
Currencies
BDSwiss
51
IC Markets
61
Indices
BDSwiss
11
IC Markets
25
Stocks
BDSwiss
128
IC Markets
2175
Cryptocurrencies
BDSwiss
26
IC Markets
21
Bonds
BDSwiss
0
IC Markets
10
Metals
BDSwiss
4
IC Markets
7
Energies
BDSwiss
2
IC Markets
5
Soft Commodities
BDSwiss
0
IC Markets
8
ETFs
BDSwiss
0
IC Markets
38
Education and Analytics
| Feature | BDSwiss | IC Markets |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
BDSwiss
IC Markets
Indicators
BDSwiss
IC Markets
Robots
BDSwiss
IC Markets
Signals
BDSwiss
IC Markets
Autochartist
BDSwiss
IC Markets
Expert Analytics
BDSwiss
IC Markets
News Feed
BDSwiss
IC Markets
Education Articles
BDSwiss
IC Markets
Webinars
BDSwiss
IC Markets
Seminars
BDSwiss
IC Markets
Customer Support
| Contact | BDSwiss | IC Markets |
|---|---|---|
Email | support@km.bdswiss.com | support@icmarkets.com |
Phone | +442036705890 | +2484671976 |
Telegram | Telegram | — |
Facebook | ||
LinkedIn | — | |
YouTube | YouTube | — |
Instagram | ||
Twitter |
Email
BDSwiss
IC Markets
Phone
BDSwiss
IC Markets
Telegram
BDSwiss
IC Markets
—
LinkedIn
BDSwiss
—
IC Markets
YouTube
BDSwiss
IC Markets
—
Which Broker is Better?
After comparing BDSwiss and IC Markets, IC Markets comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.