ETX Capital
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73.85% of retail CFD accounts lose money.

Vs.

BDSwiss
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69.2% of retail CFD accounts lose money.

ETX Capital Vs. BDSwiss - Compare and Choose the Right One

Updated Jul 28 2022

Visit

73.85% of retail CFD accounts lose money.

Visit

69.2% of retail CFD accounts lose money.

Overview

Founded in 1965, ETX Capital dedicated the last decades to both spread betting and CFD trading until their recent rebranding into OvalX.

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.

Best For
  • Forex traders for variety of currencies and high net worth equities
  • Traders seeking commission free equities inside their 250 commission-less selection
  • Traders who want to trade commodity futures and bonds 
  • Beginners looking to learn the basics using the "Cent" account
  • Intermediate traders looking for quality fundamental analysis
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

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • FCA (UK)
  • FSCA (South Africa)
  • CySec (Cyprus)
  • CySec (Cyprus)
  • NFA (United States)
  • FSC (Mauritius)
The Good
  • Commission-free trades for 250 equities
  • Low minimum deposit to open standard account (100£)
  • Wide selection of commodity futures and bonds
  • Decent educational material for market research, including seminars on indices, commodities and currencies
  • Excellent educational library with analysis published on the daily basis
  • Suitable for traders who are willing to invest time in learning fundamental analysis.
The Bad
  • Doesn’t provide live news feed on standard account
  • No ability to purchase real stocks or ETFs (All assets are CFDs)
  • Expensive commissions on shares (Eg minimum $15 on US shares, 10 € on EU shares)
  • 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.
Status
Inactive 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 documents (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
1965 2012
💳 Minimum Deposit
$, €, £ - 100 (Standard) and 10,000 (Premium) $, €, £ - 100
💰 Payment Methods
  • Visa
  • Mastercard
  • Maestro
  • Skrill
  • UnionPay
  • Bank Transfer
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Sofort
  • iDeal
💵 Account Base Currencies
3 - EUR, USD, GBP 4 - USD, EUR, GBP, SEK
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, BE, CN, SG, CH BE, CD ,ER, JP, KP, LY, MU, SC, SO, SD, US
📊 STP Account
No Yes
📊 DMA Account
No No
📊 ECN Account
No Yes
Assets
📚 Available Assets
  • CFDs on currencies, bonds, indices, shares, ETFs, commodities and cryptocurrencies.
  • CFDs on stocks, commodities, currencies, cryptocurrencies and indices.

    📙 Stocks
    5,000 CFDs (250 are commission free) 140 CFDs / 900+ on MT5 Platform
    📘 Currency Pairs
    60 50+
    📗 Commodities
    17 6
    📕 Indices
    20 10
    📔 ETFs
    19 80
    💸 Cryptocurrencies
    5 20
    📒 Bonds
    8 N/A
    📓 Options
    N/A N/A
    📗 Futures
    45 N/A
    📝 Notes:

    ETX Capital offers CFDs, spread betting and futures.

    Trading Experience
    📈 Minimum Stock Trade Size
    1 Share 1 share
    📉 Minimum ETFs Trade Size
    1 ETF 1 contract
    📈 Minimum Crypto Trade Size
    Varies by Cryptocurrency (Eg: 0.01 BTC) 0.01 Lots
    📉 Minimum FX Trade Size
    $1,000 (0.01 lots) $1,000 (0.01 lots)
    📈 Minimum Commodities Trade Size
    Varies per commodity (Eg 0.1 for WTI, 1 for Cotton) 0.01 Lots
    📉 Minimum Bonds Trade Size
    1 unit N/A
    📈 Minimum Futures Trade Size
    Varies per futures contract (Eg: 0.1 Copper, 1 for Bonds) 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 No
    🎓 Demo Account
    Yes Yes
    📱 IOS App
    Yes Yes
    📱 Android App
    Yes Yes
    📺 MetaTrader 4
    Yes Yes
    📺 MetaTrader 5
    No Yes
    💻 Web trader
    Yes Yes
    💻 TradingView Platform
    No No
    💻 Proprietary Platform
    Yes Yes
    📊 Multi-chart Tools
    Yes Yes
    👬 Copy Trading
    Yes Yes
    👫 Social Trading
    Yes No
    🔑 Guaranteed Stop-loss
    No No
    🔨 Trailing Stop-loss
    Yes Yes
    Fees
    💰 Inactivity Fee
    No

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

    💰 Deposit Fees
    No No
    💰 Withdrawal Fees
    No

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

    💰 Commissions

    Yes, depending on asset class. (Eg: U.S shares have a 2 cents per share charge with a minimum of $15 per order, European shares have a 0.1% of transaction value charge with a minimum 10 € charge)

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

    Spreads
    📈 EUR/USD
    Dynamic - From 0.6 Pips Dynamic - From 0.3 Pips (Raw Account)
    📉 SP500
    Dynamic - From 60 Pips Dynamic - From 39 Pips
    📈 GOLD
    Dynamic - From 60 Pips Dynamic - From 27 Pips
    📉 TSLA (Stock CFD)
    Dynamic - From $13 Dynamic - From $3.30
    📈 XLK (ETF - CFD)
    N/A 0.10%
    📉 BTC
    Dynamic - Eg. $226.4 Dynamic - From $190
    Research and Analysis
    ⭐ Watchlists
    Yes Yes
    🔭 Stock Screener
    No No
    🗓 Economic Calendar
    No Yes
    📜 Integrated Newsfeed
    No No
    📡 Reuters Feed
    No No