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

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.

Alvexo is a Cypriot broker founded and regulated in 2014 that specialises in CFDs trading via MT4 and their proprietary trading platform. As of August 3rd 2022, Alvexo's CySec license is partially suspended making them unavailable in French territory.

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

• At the moment, no user category is best served by Alvexo

• CySec (Cyprus)
• NFA (United States)
• FSC (Mauritius)

• CySec (Cyprus)
• FSAS (Seychelles)

• Excellent educational library with analysis published on the daily basis
• Suitable for traders who are willing to invest time in learning fundamental analysis.

• Very simple and easy to use proprietary platform along with MT4
• Trading Singals offered (untested)

• 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.

• High minimum deposit without any benefits for the requirement
• Amongst the highest spreads we have seen for brokers in the same category
• Asset offering is low (below 500 instruments)

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• 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.

• Visa
• Mastercard
• Bank Transfer
• Neteller
• Skrill
• Sofort
• iDeal

• Credit Card
• Debit Card
• Bank Transfer
• Neteller

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

US, CA, SY, IR.

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

$10 monthly after 3 months of inactivity.

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

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