Written by ForexBrokers.com
In this head to head comparison of BDSwiss vs IronFX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
BDSwiss and IronFX are two online brokers established in the early 2010s, with BDSwiss founded in 2012 and IronFX in 2010. Neither broker is publicly traded or operates as a bank. When it comes to trust, BDSwiss holds a ForexBrokers.com Trust Score of 73, suggesting it is viewed as an average risk. In contrast, IronFX, with a Trust Score of 83, is considered more trustworthy. This higher rating is backed by IronFX’s possession of three Tier-1 licenses, while BDSwiss holds one such license.
The regulatory landscape further highlights IronFX's standing, as Tier-1 licenses are a mark of high trust among brokers. Both BDSwiss and IronFX do not hold any Tier-2 licenses, typically indicative of trusted entities. For investors evaluating their options, these ratings and licenses provide a key insight into the operational credibility and safety associated with each broker.
| Feature |
BDSwiss
|
IronFX
|
|---|---|---|
| Year Founded | 2012 | 2010 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 3 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
Comparing commissions and fees, both BDSwiss and IronFX earn 4 out of 5 stars. However, BDSwiss holds a stronger placement in ForexBrokers.com’s Commissions and Fees rankings at #31 of 63 brokers, while IronFX sits at #47 of 63—suggesting a slight edge for BDSwiss on pricing overall.
BDSwiss shows good order execution, though its spreads aren’t the lowest. On EUR/USD, the Classic account posts about 1.5 pips, which is on the high side. The Raw account quotes 0.3 pips plus a $5 commission per side (around a 1.3‑pip effective spread), and the VIP account averages about 1.2 pips—both more attractive options for active traders focused on total cost.
IronFX’s pricing has room to improve, with spreads that appeared higher than the industry average. Its Standard variable spread account lists a typical 1.8 pips on EUR/USD (no time window provided and figures vary by account). The Zero fixed‑spread account starts at 0.0 pips but charges a $18 per lot commission, and spreads widen to 3 pips overnight. Based on these figures, BDSwiss tends to offer lower all‑in costs on EUR/USD via its VIP (1.2 pips) and Raw (~1.3‑pip effective) accounts, while IronFX may appeal to traders who prefer fixed pricing but can accept the commission and overnight widening.
| Feature |
BDSwiss
|
IronFX
|
|---|---|---|
| Minimum Deposit | $10-$5000 | $50 |
| Average Spread EUR/USD - Standard | 1.6 | 1.2 |
| All-in Cost EUR/USD - Active | 1.3 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
In the BDSwiss vs IronFX comparison for range of investments, both brokers let you trade forex via CFDs or spot contracts. BDSwiss lists 1,081 tradeable symbols, far more than IronFX’s 340, though IronFX offers more forex pairs (83 vs 53). Neither broker lets you buy exchange-traded stocks directly on U.S. or international exchanges, and both provide copy trading. For crypto, each offers derivatives but not the ability to purchase actual coins.
According to ForexBrokers.com’s Range of Investments ratings, BDSwiss earns 4 stars and ranks #35 out of 63 brokers, while IronFX earns 3.5 stars and ranks #52. If you want a wider overall list of instruments, BDSwiss has the edge; if you prioritize a larger selection of currency pairs, IronFX may suit you better.
| Feature |
BDSwiss
|
IronFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1081 | 340 |
| Forex Pairs (Total) | 53 | 83 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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). |
Dive deeper: Best Copy Trading Platforms.
BDSwiss vs IronFX: both brokers check key boxes for trading platforms and tools. Each offers a free demo account for paper trading, Windows desktop and web-based platforms, copy trading, and the ability to trade directly from charts. Both support MetaTrader 4 (MT4), include 15 drawing tools for charting, and provide seven watch list columns. Neither integrates DupliTrade or ZuluTrade. A few details aren’t specified, such as the exact number of built-in technical indicators for either broker.
Where they differ: BDSwiss adds a proprietary in-house platform and supports MetaTrader 5 (MT5), while IronFX does not offer a proprietary platform and does not support MT5. Reflecting this edge, ForexBrokers.com rates BDSwiss 4 stars and ranks it #24 out of 63 for Trading Platforms and Tools, compared with IronFX at 3.5 stars and a #62 ranking. If you want MT5 and a broker-built platform, BDSwiss is the stronger fit; if MT4 alone meets your needs, IronFX may suffice.
| Feature |
BDSwiss
|
IronFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
BDSwiss and IronFX both check the key boxes for a mobile trading app: iPhone and Android support, price alerts, and watchlists with real-time quotes. Each app offers 30 technical studies for charting, plus the ability to draw trendlines, switch between multiple time frames (like intraday, daily, or weekly), and auto-save your chart drawings. One shared drawback is that watchlists don’t sync between the mobile app and your online account—changes you make in one place won’t carry over to the other.
Where they differ is in overall app quality. BDSwiss earns 4 stars and ranks 24th out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while IronFX earns 3.5 stars and ranks 63rd out of 63. In short, both apps cover core features for trading stocks or forex on the go, but BDSwiss has the edge in ratings and category ranking.
| Feature |
BDSwiss
|
IronFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When you compare BDSwiss vs IronFX for market research, both brokers publish daily market commentary and provide an economic calendar. IronFX stands out for forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, while BDSwiss does not include premium news feeds. For technical and fundamental tools, BDSwiss adds Autochartist (not offered by IronFX), and both brokers include Trading Central. Neither broker lists a sentiment tool showing long/short ratios. BDSwiss does not offer research from TipRanks or Acuity Trading; IronFX availability for TipRanks and Acuity Trading is not specified.
In short, choose BDSwiss if you value Autochartist scanning alongside Trading Central, or pick IronFX if real-time news from leading outlets is a priority. Both earn 4 stars for research on ForexBrokers.com; BDSwiss ranks #24 out of 63 brokers, while IronFX ranks #29.
| Feature |
BDSwiss
|
IronFX
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
BDSwiss and IronFX both offer beginner-friendly forex and CFD education, each providing at least 10 learning pieces that include articles, videos, and archived webinars. Both brokers feature a searchable archive of past webinars, 10+ beginner-focused videos, and an investor dictionary with 50+ terms. Key differences: BDSwiss runs ongoing client webinars at least once per month, while IronFX does not; and BDSwiss also provides 10+ advanced trading videos, which IronFX lacks.
Although both are rated 4 out of 5 stars for Education, BDSwiss ranks higher (#22 of 63) than IronFX (#44) in ForexBrokers.com’s Education category. For beginners who want live webinars and room to grow into advanced lessons, BDSwiss is the better fit. If you mainly want on-demand videos, archived sessions, and a helpful glossary without live classes, IronFX still covers the essentials.
| Feature |
BDSwiss
|
IronFX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that BDSwiss is better than IronFX. BDSwiss finished with an overall rank of #36, while IronFX finished with an overall rank of #48.
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 – though its spreads are higher than industry leaders.
| Feature |
BDSwiss
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IronFX
|
|---|---|---|
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| Trust Score | 73 | 83 |
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Both BDSwiss and IronFX do not provide the option to purchase actual (delivered) cryptocurrency, but they both offer the ability to trade cryptocurrency derivatives.
When comparing online brokers BDSwiss and IronFX, both offer Skrill, Visa or Mastercard, and bank wire options for depositing or withdrawing funds, whereas only BDSwiss provides ACH or SEPA transfers, and neither broker supports PayPal transactions.
Please note:
We review each broker’s overall global offering – a “Yes” 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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0 of 5| Overall Rating | BDSwiss | IronFX | |
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| Trust Score | 73 | 83 | |
| Winner | check_circle | ||
| Review | BDSwiss Review |
| Broker Screenshots | BDSwiss | IronFX | |
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| Regulation | BDSwiss | IronFX | |
|---|---|---|---|
| Trust Score | 73 | 83 | |
| Year Founded | 2012 | 2010 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 3 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | BDSwiss | IronFX | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | BDSwiss | IronFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | BDSwiss | IronFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1081 | 340 | |
| Forex Pairs (Total) | 53 | 83 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | BDSwiss | IronFX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.6 | 1.2 | |
| All-in Cost EUR/USD - Active | 1.3 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | No | Yes |
| Funding | BDSwiss | IronFX | |
|---|---|---|---|
| Minimum Deposit | $10-$5000 | $50 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | BDSwiss | IronFX | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | BDSwiss | IronFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BDSwiss | IronFX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | BDSwiss | IronFX | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | BDSwiss | IronFX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | BDSwiss | IronFX | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | BDSwiss Review |
| Overall | BDSwiss | IronFX | |
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| Trust Score | 73 | 83 | |
| Winner | check_circle | ||
| Review | BDSwiss Review |
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