BDSwiss
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77.5% of retail CFD accounts lose money.

Vs.

MultiBank
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74-89% of retail CFD accounts lose money.

BDSwiss Vs. MultiBank - Compare and Choose the Right One

Updated May 26 2022

Visit

77.5% of retail CFD accounts lose money.

Visit

74-89% 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.

MultiBank (MultiBank FX, MultiBank Group) is a global broker founded in 2005 that specialises in CFDs trading via MetaTrader 4 and 5 platforms.

Best For
  • Beginners looking to learn the basics using the "Cent" account
  • Intermediate traders looking for quality fundamental analysis
  • Traders looking for an off-shore broker connected to a well regulated parent group that provides high leverage
  • Stock CFDs traders looking for wide share variety
  • FX Traders that don’t scalp and are looking for competitive ECN accounts
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

4

Other Licenses

4

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • NFA (United States)
  • FSC (Mauritius)
  • ASIC (Australia)
  • BaFin (Germany)
  • CIMA (Cayman Islands)
  • FSC (British Virgin Islands)
  • FMA (Austria)
  • MAS (Singapore)
  • TFG (Tianjin)
  • VFSC (Vanuatu)
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.
  • Great asset variety (over 13,000+)
  • Competitive commissions on Pro and ECN accounts ($3 per lot side)
  • High leverage offering (Up to 1:500)
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.
  • Complicated legal regulatory framework due to being a group as it’s hard to understand which of their companies do what and on which entity does a customer trade or is being protected by regulation
  • Scalping not allowed (120 seconds time limit for FX and commodities and 300 second limit for other CFDs)
  • Expensive inactivity fee, $60 monthly after 90 days of inactivity.
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.

📍 Year Founded
2012 2005
💳 Minimum Deposit
$, €, £ - 100 From $50 to $5,000
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Sofort
  • iDeal
  • Visa
  • Mastercard
  • Bank Transfer
  • PayTrust
  • Praxis
  • Pagsmile
  • Skrill
  • Neteller
  • Plus Wallets
  • Payment Asia
  • GlobePay
  • POLi
  • Bitcoin
💵 Account Base Currencies
4 - USD, EUR, GBP, SEK 17 - USD, EUR, AUD, AED, GBP, CHF, CAD, MYR, THB,VND, IDR, BRL, MXN, CLP, PEN, GTQ, NIO.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
BE, CD ,ER, JP, KP, LY, MU, SC, SO, SD, US US, CA, SY, IR.
📊 STP Account
Yes No
📊 DMA Account
No No
📊 ECN Account
Yes Yes
Assets
📚 Available Assets

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

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

📙 Stocks
140 CFDs / 900+ on MT5 Platform 12,825
📘 Currency Pairs
50+ 41
📗 Commodities
6 21
📕 Indices
10 27
📔 ETFs
80 1,000
💸 Cryptocurrencies
20 11
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
N/A N/A
📝 Notes:

All of MultiBank’s assets are CFDs.

Trading Experience
📈 Minimum Stock Trade Size
1 share 1 Share
📉 Minimum ETFs Trade Size
1 contract 1 ETF
📈 Minimum Crypto Trade Size
0.01 Lots $1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1,000 (0.01 lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
0.01 Lots $1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:30 Up to 1:500
💪 Professional Leverage
Up to 1:500 N/A
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
No No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes No
📱 Android App
Yes No
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes No
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes Yes
👫 Social Trading
No Yes
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee

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

Yes, after 90 days of inactivity, $60 every month.

💰 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)

  • None on a Standard account.
  • Yes in Pro and ECN accounts of $3 per lot side.
Spreads
📈 EUR/USD
Dynamic - From 0.3 Pips (Raw Account) Dynamic - From 0.1 Pips to 1.2 Pips
📉 SP500
Dynamic - From 39 Pips Dynamic - From 2 Pips to 50 Pips
📈 GOLD
Dynamic - From 27 Pips Dynamic - From 2 Pips to 50 Pips
📉 TSLA (Stock CFD)
Dynamic - From $3.30 N/A
📈 XLK (ETF - CFD)
0.10% N/A
📉 BTC
Dynamic - From $190 N/A
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No

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