FP Markets
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74.34% of retail CFD accounts lose money.

Vs.

BDSwiss
Visit

69.2% of retail CFD accounts lose money.

FP Markets Vs. BDSwiss - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Apr 29 2024

Visit

74.34% of retail CFD accounts lose money.

Visit

69.2% of retail CFD accounts lose money.

Overview

FP Markets is a leading Australian broker with a 10,000+ asset offering accompanied by a great variety of tech options such as deploying your own VPS and accessing ENC / DMA pricing.

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
  • Professional traders looking for DMA pricing on their stocks
  • Professional traders looking to set up a dedicated VPS
  • High volume share traders that benefit from DMA pricing
  • 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
  • ASIC (Australia)
  • CySec (Cyprus)
  • FSA (St. Vincent and the Grenadines)
  • CySec (Cyprus)
  • NFA (United States)
  • FSC (Mauritius)
The Good
  • Competitive spreads From 0 pips
  • MT4 and MT5 offered
  • Over 10,000 + shares
  • 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
  • No ETFs are offered
  • Stock trading commissions are expensive when compared to similar brokers
  • Website is slow and confusing
  • Fees for the majority of deposit and withdrawal methods
  • 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
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
2005 2012
💳 Minimum Deposit Range
$100 $100
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Neteller
  • Skrill
  • FasaPay
  • PayTrust
  • China Union Pay
  • Bpay
  • Broker to broker
  • Sticpay
  • Plusdebit
  • Rupee Payments
  • Dragonpay
  • Perfect Money
  • Paylivre
  • Rapyd
  • Finrax
  • Fairpay
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Sofort
  • iDeal
💵 Account Base Currencies
10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD. 4 - USD, EUR, GBP, SEK.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, JP, BE, NZ, SY.

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

📊 STP Account
Yes Yes
📊 DMA Account
Yes No
📊 ECN Account
Yes Yes
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs CFDs
Total Asset Offering
10,403 1,066
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
10,000 900
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
63 50
📗 Commodities
0 0
📗 Commodities CFDs
15 6
📕 Indices
0 0
📕 Indices CFDs
17 10
📔 ETFs
0 0
📔 ETFs CFDs
295 80
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
11 20
📒 Bonds
0 0
📒 Bonds CFDs
2 0
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
Variable 1 Share
📉 Minimum ETFs Trade Size
Unavailable 1 ETF
📈 Minimum Crypto Trade Size
Unavailable $1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1,000 - (0.01 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.01 Troy ounces of Gold) $1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 30
💪 Professional Leverage
500 500
✍ Customisable Leverage
Yes No
🎲 Deleveraged Trading
Yes No
🎓 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 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
None

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

💰 Deposit Fees
None

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

💰 Withdrawal Fees

Yes, $5 for card withdrawals and $20 for international bank transfer withdrawals.

None
💰 Commissions
  • No commission on their Standard Account
  • $3 per side (lot) commission on their RAW Account

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 to 1.2 Pips Dynamic - From 0.3 Pips to 1.5 Pips
📉 SP500
Dynamic - From 40 to 60 Pips Dynamic - From 39 Pips
📈 GOLD
Dynamic - From 0 to 31 Pips Dynamic - From 27 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From $3.30
📈 XLK (ETF - CFD)
Unavailable 0.10%
📉 BTC
Dynamic - From $9 to $21 Dynamic - From $190
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No
📡 Educational Content
Yes Yes
📡 Live Chat Support
Yes Yes
📡 Video Tutorials
Yes Yes
📡 Account Management
Yes Yes
📡 Webinars
Yes Yes