BDSwiss
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69.2% of retail CFD accounts lose money.

Vs.

IG
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79% of retail CFD accounts lose money.

BDSwiss Vs. IG - Compare and Choose the Right One

Updated Nov 10 2022

Visit

69.2% of retail CFD accounts lose money.

Visit

79% of retail CFD accounts lose money.

Overview

BDSwiss is a global broker headquartered in Switzerland that holds multiple financial licenses and offers access to over 250 financial instruments through 4 account types according to each trader's needs.

IG is a global broker established in 1974 that holds 10 reputable financial licenses and provides CFD trading on stocks, commodities, ETFs, indices, cryptocurrencies, bonds, futures, options along with real stocks through their share dealing account.

Best For
  • Beginners looking to learn the basics using the "Cent" account
  • Intermediate traders looking for quality fundamental analysis
  • Professional traders looking to exploit their customisable platform and broad asset offering
  • High volume traders that can offset their commission costs by trading in larger volumes
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

2

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

7

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • NFA (United States)
  • FSC (Mauritius)
  • ASIC (Australia)
  • FCA (UK)
  • NFA (United States)
  • ADGM (United Arab Emirates)
  • FINMA (Switzerland)
  • MAS (Singapore)
  • FFAJ (Japan)
  • FSCA (South Africa)
The Good
  • Excellent educational library with analysis published on the daily basis
  • Suitable for traders who are willing to invest time in learning fundamental analysis.
  • Broad platform offering with high customisability and integrated news feeds
  • Comprehensive asset offering with more than 10,000 + CFDs or real stocks and ETFs
The Bad
  • Higher spreads and limited functionality for small accounts
  • Needs $1000 deposit to have access to a personal account manager, or $5,000 for the advantageous Raw account.
  • There are too many small costs such as custody, in-and-out-commissions in some cases, management fees, etc
  • Their standard contracts can be too large some times for low volume traders
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 day 1 day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

📍 Year Founded
2012 1974
💳 Minimum Deposit Range
$100 From 0 to $300.
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Sofort
  • iDeal
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
💵 Account Base Currencies
4 - USD, EUR, GBP, SEK. 6 - AUD, EUR, GBP, HKD, SGD, USD.
🗽 Available to U.S Citizens
No Yes
❌ Restricted Countries

BE, CD ,ER, JP, KP, LY, MU, SC, SO, SD, US.

SY, IR.

📊 STP Account
Yes No
📊 DMA Account
No Yes
📊 ECN Account
Yes Yes
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs Hybrid
Total Asset Offering
1,066 24,357
Exchange Access
0 8
📙 Real Stocks
0 10,000
📙 Stock CFDs
900 10,000
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
50 210
📗 Commodities
0 0
📗 Commodities CFDs
6 37
📕 Indices
0 0
📕 Indices CFDs
10 76
📔 ETFs
0 2,000
📔 ETFs CFDs
80 2,000
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
20 15
📒 Bonds
0 0
📒 Bonds CFDs
0 19
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
1 Share 1 Share
📉 Minimum ETFs Trade Size
1 ETF 1 ETF
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots) 0.01 Contracts
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) 1 Contract
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots) 1 Contract
📉 Minimum Bonds Trade Size
Unavailable 1 Contract
📈 Minimum Futures Trade Size
Unavailable 1 Contract
📉 Minimum Options Trade Size
Unavailable 1 Contract
💪 Retail Leverage
30 30
💪 Professional Leverage
500 500
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
No No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes No
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No Yes
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee

10% of account balance after 90 days of inactivity (minimum at €25, maximum at €49.90).

After 24 months of inactivity, IG charges an $18 monthly fee.

💰 Deposit Fees

€10 flat fee for bank wire withdrawals equal to or less than €100.

None
💰 Withdrawal Fees
None None
💰 Commissions

Yes depending on account type (Eg: Raw accounts have a $5 per lot round turn commission while other pay spreads).

Yes, they charge depending on the client’s account base currency and exchange location of the shares being traded. For example, for some clients US shares can have a minimum charge of $10 in-and-out.

Spreads
📈 EUR/USD
Dynamic - From 0.3 Pips to 1.5 Pips Dynamic - From 0.9 Pips
📉 SP500
Dynamic - From 39 Pips Dynamic - From 150 Pips
📈 GOLD
Dynamic - From 27 Pips Dynamic - From 50 Pips
📉 TSLA (Stock CFD)
Dynamic - From $3.30 Dynamic - From $1.03
📈 XLK (ETF - CFD)
0.10% Dynamic - From 0 Pips
📉 BTC
Dynamic - From $190 Dynamic - From $1.03
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No Yes
📡 Educational Content
Yes Yes
📡 Live Chat Support
Yes Yes
📡 Video Tutorials
Yes No
📡 Account Management
Yes No
📡 Webinars
Yes Yes