AvaTrade
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71% of retail CFD accounts lose money.

Vs.

BDSwiss
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69.2% of retail CFD accounts lose money.

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

Updated Oct 20 2022

Visit

71% of retail CFD accounts lose money.

Visit

69.2% of retail CFD accounts lose money.

Overview

AvaTrade is a top-tier multinational broker with more than 7 financial regulators specialising in FX and options trading with their own proprietary platforms.

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
  • New traders looking for a more advanced forex and options platform
  • Experienced traders looking to take advantage of their fixed spreads
  • Experienced traders looking to trade FX options
  • 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

6

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
🏛 Financial Regulators
  • ASIC (Australia)
  • FFAJ (Japan)
  • CBI (Ireland)
  • IIROC (Canada)
  • CySec (Cyprus)
  • FSCA (South Africa)
  • ADGM (United Arab Emirates)
  • ISA (Israel)
  • CySec (Cyprus)
  • NFA (United States)
  • FSC (Mauritius)
The Good
  • AvaProtect feature for negative trades payback
  • Great variety of platforms (proprietary ones, MT4 & MT5)
  • Smooth platform experiences and easy account management
  • Custom Options trading platform
  • 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
  • Lack of variety in stocks, ETFs and bonds
  • Expensive inactivity fees
  • No multi-chart tools
  • High trade minimums in all assets except forex
  • 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
⌛ 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
2006 2012
💳 Minimum Deposit Range
$100 $100
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Sofort
  • iDeal
💵 Account Base Currencies
4 - USD, GBP, EUR, CHF. 4 - USD, EUR, GBP, SEK.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, BE, IR. 

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

📊 STP Account
No Yes
📊 DMA Account
No No
📊 ECN Account
No Yes
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs CFDs
Total Asset Offering
863 1,066
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
626 900
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
55 50
📗 Commodities
0 0
📗 Commodities CFDs
27 6
📕 Indices
0 0
📕 Indices CFDs
33 10
📔 ETFs
0 0
📔 ETFs CFDs
59 80
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
17 20
📒 Bonds
0 0
📒 Bonds CFDs
2 0
📓 Options
0 0
📓 Options CFDs
44 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
Variable - From 1 to 100 units 1 Share
📉 Minimum ETFs Trade Size
Variable - From 1 to 100 units 1 ETF
📈 Minimum Crypto Trade Size
Variable (eg: BTC 0.01, ETH 0.1) $1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Variable (eg: 1 ounce of gold) $1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
10 units Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
10,000 FX Option contracts Unavailable
💪 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 Yes
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
No Yes
👬 Copy Trading
No Yes
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
No Yes
Fees
💰 Inactivity Fee

$50 per quarter after 3 months of inactivity.

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

💰 Deposit Fees
None

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

💰 Withdrawal Fees
None None
💰 Commissions
None

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

Spreads
📈 EUR/USD
Dynamic - From 0.9 Pips Dynamic - From 0.3 Pips to 1.5 Pips
📉 SP500
Dynamic - From 50 Pips Dynamic - From 39 Pips
📈 GOLD
Dynamic - From 34 Pips Dynamic - From 27 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.92 Dynamic - From $3.30
📈 XLK (ETF - CFD)
Unavailable 0.10%
📉 BTC
Dynamic - From $137.31 Dynamic - From $190
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No
📡 Educational Content
Yes Yes
📡 Live Chat Support
Yes Yes
📡 Video Tutorials
No Yes
📡 Account Management
No Yes
📡 Webinars
No Yes