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    IG
    Visit

    79% of retail CFD accounts lose money.

    Vs.

    BDSwiss
    Visit

    69.2% of retail CFD accounts lose money.

    IG Vs. BDSwiss - Compare Trustworthiness, Capabilities, Fees and Legitimacy

    Updated Oct 13 2023

    Visit

    79% of retail CFD accounts lose money.

    Visit

    69.2% of retail CFD accounts lose money.

    Overview

    IG is a global broker established in 1974 that holds 8 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.

    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.

    Best For
    • 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
    • Beginners looking to learn the basics using the "Cent" account
    • Intermediate traders looking for quality fundamental analysis
    Licenses

    Financial
    Licenses

    Regulation

    Regulated

    Top-tier Licenses

    8

    Other Licenses

    2

    Provided by
    TheTradingBible.com

    Learn More

    Financial
    Licenses

    Regulation

    Regulated

    Top-tier Licenses

    1

    Other Licenses

    2

    Provided by
    TheTradingBible.com

    Learn More
    πŸ› Financial Regulators
    • ASIC (Australia)
    • FMA (New Zealand)
    • NFA (United States)
    • DFSA (United Arab Emirates)
    • FINMA (Switzerland)
    • MAS (Singapore)
    • FFAJ (Japan)
    • FSCA (South Africa)
    • BMA (Bermuda)
    • CySec (Cyprus)
    • NFA (United States)
    • FSC (Mauritius)
    The Good
    • Broad platform offering with high customisability and integrated news feeds
    • Comprehensive asset offering with more than 10,000 + CFDs or real stocks and ETFs
    • Excellent educational library with analysis published on the daily basis
    • Suitable for traders who are willing to invest time in learning fundamental analysis.
    The Bad
    • 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
    • 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.
    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
    βŒ› Account Opening Time
    1 day 1 day
    πŸ“‹ 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.

    πŸ“ Year Founded
    1974 2012
    πŸ’³ Minimum Deposit Range
    From $10 to $450. $100
    πŸ’° Payment Methods
    • Visa
    • Mastercard
    • Bank Transfer
    • Paypal
    • Visa
    • Mastercard
    • Bank Transfer
    • Neteller
    • Skrill
    • Sofort
    • iDeal
    πŸ’΅ Account Base Currencies
    6 - AUD, EUR, GBP, HKD, SGD, USD. 4 - USD, EUR, GBP, SEK.
    πŸ—½ Available to U.S Citizens
    Yes No
    ❌ Restricted Countries

    SY, IR.

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

    πŸ“Š STP Account
    No Yes
    πŸ“Š DMA Account
    Yes No
    πŸ“Š ECN Account
    Yes Yes
    Banking License
    No No
    Debit Card
    No No
    Assets
    πŸ“š Assets Type
    Hybrid CFDs
    Total Asset Offering
    35,227 1,066
    Exchange Access
    8 0
    πŸ“™ Real Stocks
    15,000 0
    πŸ“™ Stock CFDs
    15,000 900
    πŸ“˜ Currency Pairs
    0 0
    πŸ“˜ Currency Pair CFDs
    80 50
    πŸ“— Commodities
    0 0
    πŸ“— Commodities CFDs
    37 6
    πŸ“• Indices
    0 0
    πŸ“• Indices CFDs
    76 10
    πŸ“” ETFs
    2,000 0
    πŸ“” ETFs CFDs
    2,000 80
    πŸ’Έ Cryptocurrencies
    0 0
    πŸ’Έ Cryptocurrency CFDs
    15 20
    πŸ“’ Bonds
    0 0
    πŸ“’ Bonds CFDs
    19 0
    πŸ““ Options
    0 0
    πŸ““ Options CFDs
    1,000 0
    πŸ“— Futures
    0 0
    πŸ“— Futures CFDs
    0 0
    Trading Experience
    πŸ“ˆ Minimum Stock Trade Size
    1/10 of Contract (5,000 Notional) 1 Share
    πŸ“‰ Minimum ETFs Trade Size
    1/10 of Contract (5,000 Notional) 1 ETF
    πŸ“ˆ Minimum Crypto Trade Size
    0.01 Contracts $1,000 (0.01 Lots)
    πŸ“‰ Minimum FX Trade Size
    1 Contract $1,000 (0.01 Lots)
    πŸ“ˆ Minimum Commodities Trade Size
    1 Contract $1,000 (0.01 Lots)
    πŸ“‰ Minimum Bonds Trade Size
    1 Contract Unavailable
    πŸ“ˆ Minimum Futures Trade Size
    1 Contract Unavailable
    πŸ“‰ Minimum Options Trade Size
    1 Contract Unavailable
    πŸ’ͺ Retail Leverage
    30 30
    πŸ’ͺ Professional Leverage
    250 500
    ✍ Customisable Leverage
    No No
    🎲 Deleveraged Trading
    No No
    πŸŽ“ Demo Account
    Yes Yes
    πŸ“± IOS App
    Yes Yes
    πŸ“± Android App
    Yes Yes
    πŸ“Ί MetaTrader 4
    Yes Yes
    πŸ“Ί MetaTrader 5
    No Yes
    πŸ“Ί cTrader
    No No
    πŸ’» Web trader
    Yes Yes
    πŸ’» TradingView Platform
    No No
    πŸ’» Proprietary Platform
    Yes Yes
    πŸ“Š Multi-chart Tools
    Yes Yes
    πŸ‘¬ Copy Trading
    No Yes
    πŸ‘« Social Trading
    No No
    πŸ”‘ Guaranteed Stop-loss
    Yes No
    πŸ”¨ Trailing Stop-loss
    Yes Yes
    Fees
    πŸ’° Inactivity Fee

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

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

    πŸ’° Deposit Fees
    None

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

    πŸ’° Withdrawal Fees
    None None
    πŸ’° Commissions

    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.

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

    Spreads
    πŸ“ˆ EUR/USD
    Dynamic - From 0.6 Pips Dynamic - From 0.3 Pips to 1.5 Pips
    πŸ“‰ SP500
    Dynamic - From 40 Pips Dynamic - From 39 Pips
    πŸ“ˆ GOLD
    Dynamic - From 30 Pips Dynamic - From 27 Pips
    πŸ“‰ TSLA (Stock CFD)
    Dynamic - Market Spread Dynamic - From $3.30
    πŸ“ˆ XLK (ETF - CFD)
    Dynamic - Market Spread 0.10%
    πŸ“‰ BTC
    Dynamic - From $90 Dynamic - From $190
    Research and Analysis
    ⭐ Watchlists
    Yes Yes
    πŸ”­ Stock Screener
    No No
    πŸ—“ Economic Calendar
    Yes Yes
    πŸ“œ Integrated Newsfeed
    Yes No
    πŸ“‘ Reuters Feed
    Yes No
    πŸ“‘ Educational Content
    Yes Yes
    πŸ“‘ Live Chat Support
    Yes Yes
    πŸ“‘ Video Tutorials
    No Yes
    πŸ“‘ Account Management
    No Yes
    πŸ“‘ Webinars
    Yes Yes