BDSwiss Vs. SquaredFinancial - 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.

SquaredFinancial is a global brokerage firm founded in 2005 and headquartered in Cyprus that specialises in providing real stocks along with CFDs on all major asset classes paired with MT4 & MT5 platforms.

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

• Professional high volume traders looking to exploit their competitive commissions in shares
• High volume FX traders looking to open a SquaredElite account with spreads from 0 Pips

• 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.

• Extensive asset offering (more than 10,000+ products)
• Real stocks are offered along with CFDs
• Very competitive share trading commissions when compared to similar brokers

• 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.

• Platform offering is limited to only MT4 and MT5
• High minimum deposit for SquaredElite account (5,000 €)

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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

• Visa
• Mastercard
• Bank Transfer
• Neteller
• Skrill
• Instatransfer

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

US, CA, IR, SY.

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

€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).

Yes, depending on account type or assets. For account types:

• SquaredPro account has no default commissions
• SquaredElite account has a commission of $5 per lot

For particular assets there are commissions on all accounts, specifically in shares as follows:

• USA shares have a $0.06 per share commission (with a minimum of $2)
• European shares have a 0.15% commission of the transaction value (with a minimum of 5 €)