BDSwiss
Visit

72.5% of retail CFD accounts lose money.

Vs.

AvaTrade
Visit

71% of retail CFD accounts lose money

BDSwiss Vs. AvaTrade - Compare and Choose the Right One

Updated Jan 08 2022

Visit

72.5% of retail CFD accounts lose money.

Visit

71% 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.

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

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

TTBTrust

6

Provided by TheTradingBible.com ®

Learn More

TTBTrust

8

Provided by TheTradingBible.com ®

Learn More
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.
  • 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
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.
  • Lack of variety in stocks, ETFs and bonds
  • Expensive inactivity fees
  • No multi-chart tools
  • High trade minimums in all assets except forex
Status
Operational Operational
Recent News
N/A N/A
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.

🏛 Financial Regulators
  • CySec (Cyprus)
  • NFA (United States)
  • FSC (Mauritius)
  • ASIC (Australia)
  • FFAJ (Japan)
  • CBI (Ireland)
  • IIROC (Canada)
  • CySec (Cyprus)
  • FSA (South Africa)
  • ADGM (United Arab Emirates)
  • ISA (Israel)
📍 Year Founded
2012 2006
💳 Minimum Deposit
$, €, £ - 100 $, €, £ - 100
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Sofort
  • iDeal
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
💵 Account Base Currencies
4 - USD, EUR, GBP, SEK 4 - USD, GBP, EUR, CHF.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
BE, CD ,ER, JP, KP, LY, MU, SC, SO, SD, US US, BE, IR.
📊 STP Account
Yes No
📊 DMA Account
No No
📊 ECN Account
Yes No
Assets
📚 Available Assets

CFDs on stocks, commodities, currencies, cryptocurrencies and indices.

CFDs on stocks, cryptocurrencies, commodities, currencies, ETFs, indices, shares, options and bonds.

📙 Stocks
140 CFDs / 900+ on MT5 Platform 626
📘 Currency Pairs
50+ 55
📗 Commodities
6 27
📕 Indices
10 33
📔 ETFs
80 59
💸 Cryptocurrencies
20 17
📒 Bonds
N/A 2
📓 Options
N/A 44
📗 Futures
N/A N/A
📝 Notes:
Most of AvaTrade's assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
1 share Depends on Stock price, from 1 to 10 or 100 units.
📉 Minimum ETFs Trade Size
1 contract Depends on ETF price, from 1 to 10 or 100 units.
📈 Minimum Crypto Trade Size
0.01 Lots Depends on cryptocurrency, for BTC 0.01, for ETH 0.1 units.
📉 Minimum FX Trade Size
$1,000 (0.01 lots) $1,000
📈 Minimum Commodities Trade Size
0.01 Lots Varies by Commoditty (Eg: 1 Troy ounce of Gold)
📉 Minimum Bonds Trade Size
N/A 10 Bond contracts
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A 10,000 FX Option contracts
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 Up to 1:500
✍ 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
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes No
👬 Copy Trading
Yes No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee

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

Yes, $50 per quarter after 3 months of inactivity.
💰 Deposit Fees
No No
💰 Withdrawal Fees

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

No
💰 Commissions

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

No
Spreads
📈 EUR/USD
Dynamic - From 0.3 Pips (Raw Account) Dynamic - From 0.9 Pips
📉 SP500
Dynamic - From 39 Pips Dynamic - From 50 Pips
📈 GOLD
Dynamic - From 27 Pips Dynamic - From 34 Pips
📉 TSLA (Stock CFD)
Dynamic - From $3.30 Dynamic - From $1.92
📈 XLK (ETF - CFD)
0.10% N/A
📉 BTC
Dynamic - From $190 Dynamic - From $137.31
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No

By using TheTradingBible.com's website you agree to the use of cookies.