BDSwiss Vs. Saxo Bank - Compare and Choose the Right One


Visit 77.5% of retail CFD accounts lose money.	Visit 65% 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.	Saxo Bank is a Danish investment bank operating since 1992. It is one of the most regulated brokerages in the world with an exceptional selection of financial instruments.
Best For
Beginners looking to learn the basics using the "Cent" account Intermediate traders looking for quality fundamental analysis	Professional investors looking to trade a variety of markets High net worth traders or investors
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 7 Other Licenses 0 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus) NFA (United States) FSC (Mauritius)	ASIC (Australia) HKMA (Hong Kong) ADGM (United Arab Emirates) FINMA (Switzerland) MAS (Singapore) FFAJ (Japan) AFM (Netherlands)
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.	Exceptional selection of financial instruments at one place 2 highly-customizable proprietary trading platforms API integration for 3rd party services like Excel or TradingView
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 minimum deposit for certain countries Withdrawals via bank transfer only High fees on options and futures
Status
Operational	Operational
Recent News
N/A	N/A
Key Data
⌛ Account Opening Time
1 Day	4 Days
📋 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	1992
💳 Minimum Deposit
$, €, £ - 100	From 500 € to 2,000 € depending on residence
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill Sofort iDeal	Visa Mastercard Bank Transfer
💵 Account Base Currencies
4 - USD, EUR, GBP, SEK	26 - AED, AUD, CAD, CHF, CNH, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, LTL, MXN, MYR, NOK, NZD, PLN, RON, RUB, SEK, SGD, TRY, USD, ZAR
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
BE, CD ,ER, JP, KP, LY, MU, SC, SO, SD, US	US,BR,ES,IN,KE,MX,NG,PK,ZA
📊 STP Account
Yes	Yes
📊 DMA Account
No	Yes
📊 ECN Account
Yes	Yes
Assets
📚 Available Assets
CFDs on stocks, commodities, currencies, cryptocurrencies and indices.	Real stocks, ETFs, bonds and options. CFDs on currencies, commodities, stocks, indices, ETFs, cryptocurrencies and bonds.
📙 Stocks
140 CFDs / 900+ on MT5 Platform	30,000+
📘 Currency Pairs
50+	182
📗 Commodities
6	19 (CFDs)
📕 Indices
10	29 (CFDs)
📔 ETFs
80	5,400+
💸 Cryptocurrencies
20	9
📒 Bonds
N/A	5,000+
📓 Options
N/A	3,000+
📗 Futures
N/A	300+
📝 Notes:
	N/A
Trading Experience
📈 Minimum Stock Trade Size
1 share	N/A
📉 Minimum ETFs Trade Size
1 contract	N/A
📈 Minimum Crypto Trade Size
0.01 Lots	Varies by Cryptocurrency (eg: 0.01 units of BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 lots)	$1,000 (0.01 lots)
📈 Minimum Commodities Trade Size
0.01 Lots	N/A
📉 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 1:30
💪 Professional Leverage
Up to 1:500	Up to 1:66
✍ 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
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	Yes (through API)
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	Yes
👫 Social Trading
No	No
🔑 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)	Up to $150 after 6 months of inactivity, £25 after one quarter in the UK
💰 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)	$0.02/share (min $10) for US Stocks, from 0.10% (min €10) for other equity markets, €4 per futures contract
Spreads
📈 EUR/USD
Dynamic - From 0.3 Pips (Raw Account)	0.8 Pips average - 0.4 for VIPs
📉 SP500
Dynamic - From 39 Pips	N/A
📈 GOLD
Dynamic - From 27 Pips	N/A
📉 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	Yes
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	No