BDSwiss
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69.2% of retail CFD accounts lose money.

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ThinkMarkets
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BDSwiss Vs. ThinkMarkets - Compare and Choose the Right One

Updated Jul 12 2022

Visit

69.2% of retail CFD accounts lose money.

Visit

Your Capital is at risk.

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.

ThinkMarkets is a global broker headquartered in Australia that offers real stocks and ETFs along with CFDs on stocks, etfs, commodities, indices and cryptocurrencies accompanied by their proprietary platform: ThinkTrader.

Best For
  • Beginners looking to learn the basics using the "Cent" account
  • Intermediate traders looking for quality fundamental analysis
  • Passive investors looking to buy, hold or transfer real shares or ETFs from ASX
  • Active traders looking to exploit their low spreads on CFDs
  • MetaTrader 4 & 5 traders looking for a convenient offering
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

2

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • NFA (United States)
  • FSC (Mauritius)
  • FCA (UK)
  • ASIC (Australia)
  • FSAS (Seychelles)
  • FSCA (South Africa)
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.
  • Possibility to invest in real stocks and ETFs or trade CFDs
  • Proprietary platform ThinkTrader is smooth and user friendly
  • Spreads are very competitive when compared to similar competitors
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.
  • Real stocks or ETFs are only from ASX (Australian Securities Exchange)
  • Expensive stock trading commissions ($8 flat fee for ASX shares or ETFs)
  • While their stock and ETFs offering is great, they lack variety in all other asset classes
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 2010
💳 Minimum Deposit
$, €, £ - 100

0 for Standard Account / $500 for Zero account

💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Sofort
  • iDeal
  • Visa
  • Mastercard
  • Neteller
  • Skrill
  • Bank Transfer
  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether (USDT)
💵 Account Base Currencies
4 - USD, EUR, GBP, SEK 6 - EUR, AUD, CHF, GBP, JPY, USD.
🗽 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 Yes
📊 ECN Account
Yes No
Assets
📚 Available Assets

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

  • Real stocks and ETFs from ASX.
  • CFDs on stocks, ETFs, indices, commodities and cryptocurrencies.
📙 Stocks
140 CFDs / 900+ on MT5 Platform 3,100+ real shares (ASX) / 1246 CFDs
📘 Currency Pairs
50+ 47
📗 Commodities
6 11
📕 Indices
10 27
📔 ETFs
80 103
💸 Cryptocurrencies
20 21
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
N/A N/A
📝 Notes:

ThinkMarkets offers both real stocks & ETFs along with CFDs on several asset classes.

Trading Experience
📈 Minimum Stock Trade Size
1 share Fractional share trading - From 0.1 Shares
📉 Minimum ETFs Trade Size
1 contract Fractional ETF trading - From 0.1 ETFs
📈 Minimum Crypto Trade Size
0.01 Lots Varies per cryptocurrency (eg: from 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 Varies per commodity (eg: 1 ounce of Gold)
📉 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 1:500
✍ 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
💻 Web trader
Yes Only for MT4 and MT5.
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes (Only for Standard Account)
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes Yes
👫 Social Trading
No Yes
🔑 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) 

No
💰 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)

  • For Standard account there are no commissions
  • For Zero account there is a commission of $3.5 per lot round turn

For real stocks and ETFs investing, there is a flat fee of $8 per trade (in-and-out) or if the trade value is above $200,000 then a 0.05% fee per trade.

Spreads
📈 EUR/USD
Dynamic - From 0.3 Pips (Raw Account) From 0.4 Pips to 1 Pip
📉 SP500
Dynamic - From 39 Pips From 40 Pips
📈 GOLD
Dynamic - From 27 Pips From 20 Pips
📉 TSLA (Stock CFD)
Dynamic - From $3.30 From 20 Pips
📈 XLK (ETF - CFD)
0.10% Dynamic - From $0.01
📉 BTC
Dynamic - From $190 Dynamic - From $30
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No