BDSwiss
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69.2% of retail CFD accounts lose money.

Vs.

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

BDSwiss Vs. Swissquote - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Nov 10 2022

Visit

69.2% 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.

Swissquote is a global broker and investment bank headquartered in Switzerland that offers traditional securities and CFD trading along with advanced research tools.

Best For
  • Beginners looking to learn the basics using the "Cent" account
  • Intermediate traders looking for quality fundamental analysis
  • Traditional equity investors looking for a broad range of markets
  • Experienced traders looking to benefit from their amazing research tools
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

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • NFA (United States)
  • FSC (Mauritius)
  • FCA (UK)
  • ADGM (United Arab Emirates)
  • FINMA (Switzerland)
  • MFSA (Malta)
  • HKMA (Hong Kong)
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.
  • Outstanding asset offering with more than 60 exchanges across the world
  • Amazing research and analysis tools for all trader levels
  • Thematic investments with preconfigured product baskets
  • Offers banking services along with debit card
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.
  • Their proprietary platform lacks many features and is not user friendly
  • Their commissions are extremely high
  • Overall everything feels complicated to use
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 1996
💳 Minimum Deposit Range
$100 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Sofort
  • iDeal
  • Visa
  • Mastercard
  • Bank Transfer
💵 Account Base Currencies
4 - USD, EUR, GBP, SEK. 21 - AED, AUD, CAD, EUR, DKK USD, GBP, HKD, HUF, ILS, CHF, JPY, PLN, NOK, SGD, MXN, NZD, SEK, TRY, THB, ZAR.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

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

US, JP, SY, IR.

📊 STP Account
Yes Yes
📊 DMA Account
No Yes
📊 ECN Account
Yes Yes
Banking License
No Yes
Debit Card
No Yes
Assets
📚 Assets Type
CFDs Hybrid
Total Asset Offering
1,066 175,533
Exchange Access
0 60
📙 Real Stocks
0 100,000
📙 Stock CFDs
900 0
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
50 80
📗 Commodities
0 0
📗 Commodities CFDs
6 12
📕 Indices
0 0
📕 Indices CFDs
10 26
📔 ETFs
0 1,400
📔 ETFs CFDs
80 0
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
20 12
📒 Bonds
0 54,000
📒 Bonds CFDs
0 3
📓 Options
0 10,000
📓 Options CFDs
0 0
📗 Futures
0 10,000
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
1 Share From $50
📉 Minimum ETFs Trade Size
1 ETF From $50
📈 Minimum Crypto Trade Size
$1,000 (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
$1,000 (0.01 Lots) From $50
📉 Minimum Bonds Trade Size
Unavailable From $50
📈 Minimum Futures Trade Size
Unavailable From $50
📉 Minimum Options Trade Size
Unavailable From $50
💪 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 Yes
📺 MetaTrader 5
Yes Yes
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No Yes
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes No
👫 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).

None
💰 Deposit Fees

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

None
💰 Withdrawal Fees
None

$10 per withdrawal.

💰 Commissions

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

For CFDs there are no commissions as the spreads are the cost. For other assets from $9 up to $210 based on transaction volume and depending on the exchange.

Spreads
📈 EUR/USD
Dynamic - From 0.3 Pips to 1.5 Pips Dynamic - From 0 to 1.3 Pips
📉 SP500
Dynamic - From 39 Pips Dynamic - From 60 Pips
📈 GOLD
Dynamic - From 27 Pips Unavailable
📉 TSLA (Stock CFD)
Dynamic - From $3.30 Dynamic - Market Spread
📈 XLK (ETF - CFD)
0.10% Dynamic - Market Spread
📉 BTC
Dynamic - From $190 Unavailable
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No Yes
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No Yes
📡 Educational Content
Yes Yes
📡 Live Chat Support
Yes No
📡 Video Tutorials
Yes Yes
📡 Account Management
Yes No
📡 Webinars
Yes No