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IG vs BDSwiss 2024

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Written by ForexBrokers.com

August 29, 2023

Is IG better than BDSwiss? In our analysis of 23 international regulators across 62 of the best forex brokers, IG is considered Highly Trusted, with an overall Trust Score of 99 out of 99. BDSwiss is considered average risk, with an overall Trust Score of 76 out of 99. Learn more about Trust Score.

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Compare

0 of 5
Overall Rating IG BDSwiss
Overall Rating info 5/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Offering of Investments 5/5 Stars 4/5 Stars
Platform & Tools 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 4/5 Stars
Education 5/5 Stars 4/5 Stars
Trust Score info 99 76
Winner check_circle
Review IG Review BDSwiss Review
Broker Screenshots IG BDSwiss
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation IG BDSwiss
Trust Score info 99 76
Year Founded info 1974 2012
Publicly Traded (Listed) info Yes No
Bank info Yes No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 8 1
Tier-2 Licenses info 2 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 2
Tier-1 Licenses (Highly Trusted) IG BDSwiss
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info Yes No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info Yes No
New Zealand (FMA Authorised) info Yes No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) IG BDSwiss
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA/Central Bank Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments IG BDSwiss
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 19537 1081
Forex Pairs (Total) info 97 53
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info No Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).
Cost IG BDSwiss
Average Spread EUR/USD - Standard info 0.98 info 1.6 info
All-in Cost EUR/USD - Active info 0.82 info 1.3 info
Active Trader or VIP Discounts info Yes Yes
Inactivity Fee info Yes Yes
Execution: Agency Broker info Yes Yes
Execution: Market Maker info Yes No
Funding IG BDSwiss
Minimum Deposit info ยฃ250.00 $10-$5000 info
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Trading Platforms IG BDSwiss
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools IG BDSwiss
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 5 7
Charting - Indicators / Studies (Total) info 33 30
Charting - Drawing Tools (Total) info 20 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading IG BDSwiss
Android App info Yes info Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 33 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research IG BDSwiss
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info Yes Yes
Trading Central (Recognia) info No Yes
TipRanks info Yes No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education IG BDSwiss
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs IG BDSwiss
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review IG Review BDSwiss Review
Overall IG BDSwiss
Overall Rating info 5/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Offering of Investments 5/5 Stars 4/5 Stars
Platform & Tools 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 4/5 Stars
Education 5/5 Stars 4/5 Stars
Trust Score info 99 76
Winner check_circle
Review IG Review BDSwiss Review
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IG vs BDSwiss Comparison

Weโ€™ve made it easy to compare the best forex brokers, side-by-side. Our editorial team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Our research is unbiased and independent; learn more about how we test. That same research and data powers our broker comparisons. Let's compare IG vs BDSwiss.

Can I trust IG?

IG is a publicly traded company, operates a regulated bank, and is authorised by eight Tier-1 regulators (Highly Trusted), two Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). IG is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC), Japanese Financial Services Authority (JFSA), Monetary Authority of Singapore (MAS), Swiss Financial Market Supervisory Authority (FINMA), Financial Conduct Authority (FCA), Financial Markets Authority (FMA), and the Commodity Futures Trading Commission (CFTC), and regulated in the European Union via the MiFID passporting system.

Can I trust BDSwiss?

BDSwiss is not publicly traded and does not operate a bank. BDSwiss is authorized by one Tier-1 regulator (Highly Trusted), zero Tier-2 regulator (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). BDSwiss is authorised by the following Tier-1 regulators: regulated in the European Union via the MiFID passporting system.

Is IG good?

IG offers the ultimate comprehensive trading package, featuring excellent trading and research tools, industry-leading education, and an extensive range of tradeable markets.

Is BDSwiss good?

The BDSwiss brand caters to over 1.6 million registered forex and CFD traders, and offers the full MetaTrader platform suite alongside its own proprietary mobile app. BDSwiss demonstrates good order execution statistics and provides access to over 1,000 tradable symbols โ€“ though its spreads are higher than industry leaders.

What is the minimum deposit requirement for opening an account with IG?

To open a trading account with IG, you'll need to make an initial minimum deposit of ยฃ250.00.

What is the minimum deposit requirement for opening an account with BDSwiss?

BDSwiss requires a minimum deposit of $10-$5000 before you can open an account and start trading.

What funding options does each broker offer?

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. IG offers Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw) and PayPal (Deposit/Withdraw) for banking, whereas BDSwiss provides Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw).

Does IG or BDSwiss offer lower pricing?

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that IG offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

Is IG or BDSwiss safer for forex and CFDs trading?

At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that IG holds 8 global Tier-1 licenses, while BDSwiss holds 1. IG holds 2 global Tier-2 licenses, while BDSwiss holds 0.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that IG (99) earned a higher Trust Score than BDSwiss (76).

Which trading platform is better: IG or BDSwiss?

To compare the trading platforms of both IG and BDSwiss, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, IG offers a better experience. With research, IG offers superior market research. Finally, we found IG to provide better mobile trading apps.

Hereโ€™s what trading platforms are available at IG:

  • Proprietary Platform - Yes
  • Web Platform - Yes
  • cTrader - No
  • DupliTrade - No
  • MT4 - Yes
  • MT5 - No
  • ZuluTrade - No
  • TradingView - No

Hereโ€™s what trading platforms are available at BDSwiss:

  • Proprietary Platform - Yes
  • Web Platform - Yes
  • cTrader - No
  • DupliTrade - No
  • MT4 - Yes
  • MT5 - Yes
  • ZuluTrade - No
  • TradingView - No

What about MetaTrader? How about copy trading?

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Both IG and BDSwiss offer MetaTrader 4 (MT4). Forex traders also appreciate the ability to engage in social copy trading. While BDSwiss offers copy trading, IG does not.

What can I trade with each broker?

IG provides traders 97 currency pairs (e.g., EUR/USD) compared to BDSwiss's 53 available pairs. If you are interested in trading CFDs, IG offers traders access to 19537 CFDs, while BDSwiss offers access to 1081 CFDs; so IG offers 18456 more CFDs than BDSwiss.

We found in our testing that IG offers a more diverse selection of investment options than BDSwiss, allowing you to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Int'l Stock Trading (Non CFD), Cryptocurrency (Derivative) and Spread Betting. Neither have Cryptocurrency (Physical).

Overall winner: IG

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announcementPlease note:

We review each brokerโ€™s overall global offering โ€“ a โ€œYesโ€ checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.


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