BDSwiss vs IC Markets | Which is best 2024

In the ever-evolving landscape of online forex and CFD trading, BDSwiss and IC Markets stand out as two of the industry's leading brokers. Both have carved out significant niches for themselves, attracting traders with their robust trading platforms, comprehensive educational resources, and competitive trading conditions. As we move into 2024, the choice between BDSwiss and IC Markets becomes increasingly relevant for traders looking for the best trading environment. This detailed comparison aims to dissect the offerings of both brokers to determine which might be the best choice for traders in 2024.

Company Background and Regulation

BDSwiss, founded in 2012, has grown to become a global brand with a strong presence in Europe. It is regulated by the Cyprus Securities and Exchange Commission (CySEC) and other regulatory bodies, ensuring a high level of client fund protection and compliance with financial laws.

IC Markets, established in 2007 in Australia, has a reputation for being a preferred destination for high-volume traders, scalpers, and algorithmic traders. It is regulated by the Australian Securities and Investments Commission (ASIC) and other jurisdictions, offering a secure trading environment with competitive conditions.

Trading Platforms and Tools

BDSwiss offers the popular MetaTrader 4 and MetaTrader 5 platforms, along with its proprietary BDSwiss WebTrader. The inclusion of MT4 and MT5 caters to traders looking for advanced charting and trading tools, while the WebTrader provides a more accessible and user-friendly interface for beginners.

IC Markets excels in this area by also providing MetaTrader 4 and MetaTrader 5, in addition to the cTrader platform. cTrader is particularly favored by traders looking for a more advanced trading interface and faster execution speeds. IC Markets also offers additional trading tools such as Autochartist and Trading Central, enhancing the trading experience with market analysis and insights.

Account Types and Trading Conditions

BDSwiss provides a variety of account types, including Classic, VIP, and Raw accounts, each designed to cater to different trader needs. The Raw account is particularly attractive for its low spreads starting from 0.0 pips and a competitive commission structure.

IC Markets, on the other hand, offers three main account types: Standard, Raw Spread, and cTrader Raw. The Raw Spread and cTrader Raw accounts offer spreads from 0.0 pips with low commission fees, making them ideal for scalpers and high-frequency traders. IC Markets is known for its deep liquidity pools, providing some of the best trading conditions in the market.

Fees, Spreads, and Commissions

When it comes to trading costs, both BDSwiss and IC Markets strive to offer competitive pricing. BDSwiss' spreads start from about 1.5 pips on the Classic account and 0.0 pips on the Raw account, with commissions on the latter. IC Markets, known for its low-cost trading environment, offers spreads from 0.0 pips on its Raw Spread and cTrader Raw accounts, with low commission rates.

Leverage and Instruments

Both brokers offer a wide range of trading instruments, including forex pairs, indices, commodities, and cryptocurrencies. BDSwiss provides leverage up to 1:500 for professional clients, with a more conservative leverage cap for retail clients due to regulatory requirements. IC Markets offers similar leverage options, allowing traders to maximize their trading strategies' potential.

Customer Support and Educational Resources

BDSwiss shines in customer service, offering multilingual support via live chat, phone, and email. It also boasts an extensive collection of educational resources, including webinars, seminars, and trading courses, catering to both beginners and experienced traders.

IC Markets also provides robust customer support around the clock and a wealth of educational materials, including articles, tutorials, and webinars, ensuring traders have access to the information they need to succeed.


Choosing between BDSwiss and IC Markets in 2024 ultimately depends on individual trading needs and preferences. BDSwiss offers a user-friendly platform and diverse account types, making it a solid choice for traders looking for flexibility and educational resources. IC Markets, with its low-cost trading environment and advanced platform options, stands out for traders prioritizing execution speed and trading conditions.

Both brokers are highly reputable and offer secure, regulated trading environments. Traders are encouraged to consider their specific requirements, such as platform preference, trading costs, and educational needs, before making a decision. Regardless of the choice, both BDSwiss and IC Markets remain at the forefront of the forex and CFD trading industry, providing robust platforms for traders to explore the financial markets in 2024.