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

Oanda is an international Forex broker founded in 1996 with headquarters in the United States. Oanda specialises exclusively in currency trading solutions for all trader levels. Their greatest selling points are their strong regulatory framework and robust proprietary platforms.

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.

• Forex traders of all levels (from beginner to advanced)

• Beginners looking to learn the basics using the "Cent" account
• Intermediate traders looking for quality fundamental analysis

• CFTC (U.S)
• NFA (U.S)
• ASIC (Australia)
• FCA (UK)
• MAS (Singapore)
• IIROC (Canada)
• FFAJ (Japan)
• BVI (British Virgin Islands)

• CySec (Cyprus)
• NFA (United States)
• FSC (Mauritius)

• High trustworthiness, regulated by the best regulators in the world
• Fast, simple and professional trading platforms
• Competitive spreads in their currency pairs

• Excellent educational library with analysis published on the daily basis
• Suitable for traders who are willing to invest time in learning fundamental analysis.

• Extremely limited offering of assets (104)
• No ability to purchase real stocks or cryptocurrencies, only CFDs

• 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.

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

• 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.

• Visa
• Mastercard
• Bank Transfer
• Paypal

• Visa
• Mastercard
• Bank Transfer
• Neteller
• Skrill
• Sofort
• iDeal

AF, AL, BS, BB, BW, BF, BI, KH, KY, CF, TD, CD, CG, CU, ER, ET, GH, IR, IQ, JM, KP, LY, MU, MN, MA, MM, NI, NG, PK, PS, PA, SN, SL, SO, SS, SD, SY, TT, TN, UG, VU, YE, ZW.

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

$10 after 1 year of inactivity.

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

Credit and Debit cards are free, when it comes to Bank transfer depends on the account's base currency (eg: the first withdrawal costs $, €, £ 20 and any subsequent ones 35). In the case of SGD, there are no fees.

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

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