BDSwiss
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69.2% of retail CFD accounts lose money.

Vs.

Tickmill
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71% of retail CFD accounts lose money.

BDSwiss Vs. Tickmill - Compare and Choose the Right One

Updated Jul 12 2022

Visit

69.2% of retail CFD accounts lose money.

Visit

71% 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.

Tickmill is an international CFD broker headquartered in Cyprus that specialises in currency trading paired with MetaTrader 4 and 5 platforms.

Best For
  • Beginners looking to learn the basics using the "Cent" account
  • Intermediate traders looking for quality fundamental analysis
  • Professional currency traders looking to exploit their account offering with low spreads
  • Traders familiar with both MetaTrader 4 or 5 platforms with the intent to trade currencies
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

1

Other Licenses

4

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • NFA (United States)
  • FSC (Mauritius)
  • CySec (Cyprus)
  • FSA (Seychelles)
  • FCA (UK)
  • FSA (Labuan)
  • 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.
  • Very low and competitive spreads depending on the account type
  • Leverage can be either removed or customised for the whole account
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.
  • Extremely low asset offering (over 80+ instruments in total)
  • All of Tickmill’s assets are CFDs (users can’t purchase real stocks or ETFs)
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 2014
    💳 Minimum Deposit
    $, €, £ - 100 $, €, £ - 100
    💰 Payment Methods
    • Visa
    • Mastercard
    • Bank Transfer
    • Neteller
    • Skrill
    • Sofort
    • iDeal
    • Bank Transfer
    • Visa
    • Mastercard
    • Skrill
    • Neteller
    • DotPay
    • Paypal
    💵 Account Base Currencies
    4 - USD, EUR, GBP, SEK 4 - USD, EUR, GBP, PLN
    🗽 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 No
    Assets
    📚 Available Assets

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

    CFDs on currencies, indices, commodities, bonds and cryptocurrencies

    📙 Stocks
    140 CFDs / 900+ on MT5 Platform N/A
    📘 Currency Pairs
    50+ 62
    📗 Commodities
    6 4
    📕 Indices
    10 14
    📔 ETFs
    80 N/A
    💸 Cryptocurrencies
    20 3
    📒 Bonds
    N/A 4
    📓 Options
    N/A N/A
    📗 Futures
    N/A N/A
    📝 Notes:

    Tickmill’s asset offering is exclusively made of CFDs.

    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 $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 $1,000 (0.01 Lots)
    📈 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 Yes, for the whole account.
    🎲 Deleveraged Trading
    No Yes
    🎓 Demo Account
    Yes Yes
    📱 IOS App
    Yes Yes (only for account management)
    📱 Android App
    Yes Yes (only for account management)
    📺 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 No
    🔑 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)

    Depending on account type:

    • Classic account has no commissions
    • Pro account has a commission of 2 units of your base currency round turn per lot
    • VIP account has a commission of 1 unit of your base currency round turn per lot 
    Spreads
    📈 EUR/USD
    Dynamic - From 0.3 Pips (Raw Account)

    From 0 pips up to 1.6 Pips (Depending on account type)

    📉 SP500
    Dynamic - From 39 Pips From 39 Pips
    📈 GOLD
    Dynamic - From 27 Pips From 24 Pips
    📉 TSLA (Stock CFD)
    Dynamic - From $3.30 N/A
    📈 XLK (ETF - CFD)
    0.10% N/A
    📉 BTC
    Dynamic - From $190 Dynamic - From $128.2
    Research and Analysis
    ⭐ Watchlists
    Yes Yes
    🔭 Stock Screener
    No No
    🗓 Economic Calendar
    Yes Yes
    📜 Integrated Newsfeed
    No No
    📡 Reuters Feed
    No No