BDSwiss
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69.2% of retail CFD accounts lose money.

Vs.

iFOREX Europe
Visit

89.13% of retail CFD accounts lose money.

BDSwiss Vs. iFOREX Europe - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Nov 10 2022

Visit

69.2% of retail CFD accounts lose money.

Visit

89.13% 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.

iFOREX Europe (formerly Vestle) is the Europe brand part of the global iForex Group that specialises in CFD trading and offers over 600 instruments over currencies, commodities, indices, shares, ETFs and cryptocurrencies.

Best For
  • Beginners looking to learn the basics using the "Cent" account
  • Intermediate traders looking for quality fundamental analysis
  • Beginner traders with little to no experience looking to test a simple platform
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

0

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • NFA (United States)
  • FSC (Mauritius)
  • CySec (Cyprus)
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.
  • Extremely simple platform designed for beginners with little needs
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.
  • High spreads on all of their instruments
  • Web and mobile platforms are slow and lack tools
  • Their FAQ database doesn’t effectively answer the most common questions any trader could have
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 2018
💳 Minimum Deposit Range
$100 $200
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Sofort
  • iDeal
  • Bank Transfer
  • Credit Card
  • Debit Card
💵 Account Base Currencies
4 - USD, EUR, GBP, SEK. 1 - EUR
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

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

US, CA, SY, IR, JP.

📊 STP Account
Yes Yes
📊 DMA Account
No No
📊 ECN Account
Yes No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs CFDs
Total Asset Offering
1,066 584
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
900 400
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
50 50
📗 Commodities
0 0
📗 Commodities CFDs
6 19
📕 Indices
0 0
📕 Indices CFDs
10 32
📔 ETFs
0 0
📔 ETFs CFDs
80 42
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
20 41
📒 Bonds
0 0
📒 Bonds CFDs
0 0
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
1 Share $2,500 in trade value
📉 Minimum ETFs Trade Size
1 ETF $2,500 in trade value
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots) $2,500 in trade value
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $2,500 in trade value
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots) $2,500 in trade value
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 30
💪 Professional Leverage
500 500
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes No
📺 MetaTrader 5
Yes No
📺 cTrader
No No
💻 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).

iFOREX Europe charges an inactivity fee of $15 for every quarter of inactivity.

💰 Deposit Fees

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

None
💰 Withdrawal Fees
None

No for credit cards but yes for bank wires (up to $20).

💰 Commissions

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

None
Spreads
📈 EUR/USD
Dynamic - From 0.3 Pips to 1.5 Pips Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 39 Pips Dynamic - From 90 Pips
📈 GOLD
Dynamic - From 27 Pips Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - From $3.30 Dynamic - From $3
📈 XLK (ETF - CFD)
0.10% Dynamic - From 30 Pips
📉 BTC
Dynamic - From $190 Dynamic - From $120
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 No
📡 Live Chat Support
Yes No
📡 Video Tutorials
Yes No
📡 Account Management
Yes Yes
📡 Webinars
Yes Yes