Swissquote
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74-89% of retail CFD accounts lose money.

Vs.

BDSwiss
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69.2% of retail CFD accounts lose money.

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

Updated Oct 20 2022

Visit

74-89% of retail CFD accounts lose money.

Visit

69.2% of retail CFD accounts lose money.

Overview

Swissquote is a global broker and investment bank headquartered in Switzerland that offers traditional securities and CFD trading along with advanced research tools.

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
  • Traditional equity investors looking for a broad range of markets
  • Experienced traders looking to benefit from their amazing research tools
  • 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

4

Other Licenses

1

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)
  • ADGM (United Arab Emirates)
  • FINMA (Switzerland)
  • MFSA (Malta)
  • HKMA (Hong Kong)
  • CySec (Cyprus)
  • NFA (United States)
  • FSC (Mauritius)
The Good
  • Outstanding asset offering with more than 60 exchanges across the world
  • Amazing research and analysis tools for all trader levels
  • Thematic investments with preconfigured product baskets
  • Offers banking services along with debit card
  • 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
  • Their proprietary platform lacks many features and is not user friendly
  • Their commissions are extremely high
  • Overall everything feels complicated to use
  • 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
1996 2012
💳 Minimum Deposit Range
0 $100
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Sofort
  • iDeal
💵 Account Base Currencies
21 - AED, AUD, CAD, EUR, DKK USD, GBP, HKD, HUF, ILS, CHF, JPY, PLN, NOK, SGD, MXN, NZD, SEK, TRY, THB, ZAR. 4 - USD, EUR, GBP, SEK.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, JP, SY, IR.

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
Yes No
Debit Card
Yes No
Assets
📚 Assets Type
Hybrid CFDs
Total Asset Offering
175,533 1,066
Exchange Access
60 0
📙 Real Stocks
100,000 0
📙 Stock CFDs
0 900
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
80 50
📗 Commodities
0 0
📗 Commodities CFDs
12 6
📕 Indices
0 0
📕 Indices CFDs
26 10
📔 ETFs
1,400 0
📔 ETFs CFDs
0 80
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
12 20
📒 Bonds
54,000 0
📒 Bonds CFDs
3 0
📓 Options
10,000 0
📓 Options CFDs
0 0
📗 Futures
10,000 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
From $50 1 Share
📉 Minimum ETFs Trade Size
From $50 1 ETF
📈 Minimum Crypto Trade Size
$1,000 (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
From $50 $1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
From $50 Unavailable
📈 Minimum Futures Trade Size
From $50 Unavailable
📉 Minimum Options Trade Size
From $50 Unavailable
💪 Retail Leverage
30 30
💪 Professional Leverage
500 500
✍ Customisable Leverage
No 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
Yes No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No Yes
👫 Social Trading
No 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

$10 per withdrawal.

None
💰 Commissions

For CFDs there are no commissions as the spreads are the cost. For other assets from $9 up to $210 based on transaction volume and depending on the exchange.

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