Written by ForexBrokers.com
In this head to head comparison of BlackBull Markets vs BDSwiss, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When comparing BlackBull Markets and BDSwiss, potential investors will note both brokers began operations in the last decade, with BlackBull Markets founded in 2014 and BDSwiss in 2012. Neither firm is listed on a stock exchange, nor do they operate as banks, which means they are independent brokerage companies. Both brokers hold a single Tier-1 license, which is a level of regulation deemed highly trusted. However, neither firm has Tier-2 licenses, indicating a similar regulatory reach beyond their primary jurisdiction.
In terms of trust, ForexBrokers.com gives BlackBull Markets a Trust Score of 78, placing it in the average risk category. BDSwiss has a slightly lower Trust Score of 73, also within the average risk range. While both brokers are seen as carrying a moderate level of risk, BlackBull Markets has a slight edge in perceived trustworthiness based on these ratings. When choosing between these brokers, users should consider how the trust scores and regulatory licenses align with their personal needs and preferences.
| Feature |
BlackBull Markets
|
BDSwiss
|
|---|---|---|
| Year Founded | 2014 | 2012 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
Comparing commissions and fees, BlackBull Markets comes in around the industry average overall, but its Prime account can be very competitive. Based on March 2024 data, the Prime account’s average EUR/USD spread is 0.16 pips, with an all-in cost of about 0.76 pips after adding the commission ($3 per side, $6 round turn per lot) and a $2,000 minimum deposit. BlackBull’s Standard account is commission-free with no minimum deposit but has higher spreads, while the ECN Institutional account targets high-volume traders with a $20,000 minimum and lower commissions ($2 per side, $4 round turn).
BDSwiss charges more on its entry account: the Classic account posts an EUR/USD spread of 1.5 pips, and the VIP account averages about 1.2 pips. Its Raw account narrows the spread to 0.3 pips but adds a $5-per-side commission, leading to an effective spread of roughly 1.3 pips. In a direct comparison on EUR/USD, BlackBull’s Prime pricing (about 0.76 pips all-in) undercuts BDSwiss’s Raw and fixed-spread offerings, while both brokers’ commission-free accounts carry wider spreads aimed at smaller deposits.
Ratings and rankings: BlackBull Markets earns 4.5 stars for commissions and fees and ranks #19 out of 63 brokers (ForexBrokers.com). BDSwiss earns 4 stars and ranks #31 out of 63.
| Feature |
BlackBull Markets
|
BDSwiss
|
|---|---|---|
| Minimum Deposit | $0 | $10-$5000 |
| Average spread (EUR/USD) - Standard account | 0.71 | 1.6 |
| All-in Cost EUR/USD - Active | 0.71 | 1.3 |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | No | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
BlackBull Markets delivers a far wider range of investments than BDSwiss, with 26,000 tradeable symbols versus 1,081. It also offers 72 forex pairs compared with BDSwiss’s 53. A key difference: BlackBull lets clients buy exchange-traded U.S. and international shares (not CFDs), while BDSwiss does not offer exchange-traded stocks. Both brokers support forex trading (CFD/spot, depending on region and account), provide copy trading, and let you trade cryptocurrency via CFDs, though neither allows buying actual crypto.
For Range of Investments, BlackBull Markets earns 5 stars and ranks #6 out of 63 brokers at ForexBrokers.com, while BDSwiss scores 4 stars and ranks #35. If you want extensive market access, including real U.S. and global shares plus a larger catalog of symbols and forex pairs, BlackBull is the stronger fit; if you prefer a leaner lineup with CFD-focused trading and copy trading, BDSwiss can cover the basics.
| Feature |
BlackBull Markets
|
BDSwiss
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 26000 | 1081 |
| Forex Pairs (Total) | 72 | 53 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
BlackBull Markets vs BDSwiss: both brokers check key boxes for everyday traders, including free demo (paper) accounts, Windows desktop and web-based platforms, copy trading, trade‑from‑chart execution, and full support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The standout difference is that BDSwiss also offers its own proprietary platform, while BlackBull Markets focuses on third‑party options like MT4/MT5.
Both are rated 4 out of 5 stars for Trading Platforms & Tools. In category rankings from ForexBrokers.com, BDSwiss places #24 out of 63 brokers, while BlackBull Markets is #31. If you want an in‑house platform alongside MetaTrader, BDSwiss has the edge; if you’re committed to the MetaTrader ecosystem, either broker will feel familiar—and both let you practice first with a free demo account.
| Feature |
BlackBull Markets
|
BDSwiss
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 109 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
BlackBull Markets and BDSwiss both deliver iPhone and Android apps with key tools traders expect: stock and forex price alerts, 30 technical studies for charting, the ability to draw trendlines, and auto‑saving of chart drawings. The main difference is watchlists: BlackBull syncs watchlists between the mobile app and your online account, while BDSwiss does not. If keeping your symbols aligned across devices matters to you, BlackBull has the edge here.
Both apps earn 4 out of 5 stars for mobile trading. However, in ForexBrokers.com’s Mobile Trading Apps category, BDSwiss ranks #24 out of 63 brokers, while BlackBull Markets ranks #33. If you value a higher category ranking, BDSwiss may appeal more; if seamless watchlist syncing is a must, BlackBull Markets is the better fit.
| Feature |
BlackBull Markets
|
BDSwiss
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both BlackBull Markets and BDSwiss provide comprehensive market insights with their offerings of daily market commentary, creating a valuable resource for traders who prioritize staying informed about the latest market trends. While neither broker provides forex news from top-tier sources like Bloomberg or Reuters, they both make strides in equipping traders through partnerships with Autochartist, offering tools for technical and fundamental analysis. However, when it comes to advanced analysis tools from Trading Central, BDSwiss takes the lead by offering these resources, a feature that is absent in BlackBull Markets.
BlackBull Markets stands out with a sentiment-based trading tool that provides traders with a real-time view of long and short positions across various instruments, a service not available with BDSwiss. Both platforms offer an economic calendar to keep traders updated on vital global news events. Despite the slight differences in tool offerings, both brokers have earned a solid four-star rating for research. Yet, according to ForexBrokers.com, BlackBull Markets edges ahead in the rankings, holding the 18th position compared to BDSwiss at 24th, which might suggest an overall slightly better performance in this category.
| Feature |
BlackBull Markets
|
BDSwiss
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | Yes | Yes |
| Trading Central | No | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
BlackBull Markets and BDSwiss both offer strong forex and CFD education for beginners. Each broker provides at least 10 beginner trading videos, runs monthly educational webinars, and includes a library that also covers advanced trading topics. This makes it easy to start with the basics and move up as your skills grow. Both brokers earn 4 out of 5 stars for Education.
In head-to-head rankings by ForexBrokers.com, BDSwiss holds a slight edge, placing #22 out of 63 brokers for Education, while BlackBull Markets is #29. Still, both deliver frequent webinars and a large catalog of forex and CFD tutorials. If a higher education ranking matters to you, BDSwiss has the advantage; if you prefer BlackBull Markets for other reasons, you’ll still get plenty of beginner-friendly learning tools.
| Feature |
BlackBull Markets
|
BDSwiss
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that BlackBull Markets is better than BDSwiss. BlackBull Markets finished with an overall rank of #24, while BDSwiss finished with an overall rank of #36.
BlackBull Markets is a plain-vanilla MetaTrader broker with a growing range of products and support for a handful of third-party social copy trading platforms.
| Feature |
BlackBull Markets
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BDSwiss
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| Trust Score | 78 | 73 |
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In a BlackBull Markets vs BDSwiss comparison, neither online broker lets you buy actual (delivered) cryptocurrencies, but both provide cryptocurrency CFD trading.
In this BlackBull Markets vs BDSwiss comparison of deposit and withdrawal options, BlackBull Markets supports Skrill and bank wire transfers but not ACH/SEPA or PayPal, whereas BDSwiss does offer ACH/SEPA; PayPal, Skrill, Visa/Mastercard, and bank wire availability at BDSwiss is not specified.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | BlackBull Markets | BDSwiss | |
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| Trust Score | 78 | 73 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | BDSwiss Review |
| Broker Screenshots | BlackBull Markets | BDSwiss | |
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| Regulation | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Trust Score | 78 | 73 | |
| Year Founded | 2014 | 2012 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 26000 | 1081 | |
| Forex Pairs (Total) | 72 | 53 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.71 | 1.6 | |
| All-in Cost EUR/USD - Active | 0.71 | 1.3 | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | No |
| Funding | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Minimum Deposit | $0 | $10-$5000 | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | Yes |
| Trading Platforms | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No |
| Trading Tools | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 109 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | Yes | Yes | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | BlackBull Markets Review | BDSwiss Review |
| Overall | BlackBull Markets | BDSwiss | |
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| Trust Score | 78 | 73 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | BDSwiss Review |
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