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 |
BlackBull Markets and BDSwiss both offer competitive trading options, but their commission and fee structures differ significantly. BlackBull Markets provides traders with three account choices: the Standard, Prime, and ECN Institutional accounts. The Standard account is commission-free and has no minimum deposit, but it comes with higher spreads. The Prime account is favored for its lower spreads, requiring a $2,000 minimum deposit and a $6 round turn commission per lot. For active traders seeking lower commissions, the ECN Institutional account requires at least a $20,000 deposit, with rates of $2 per side or $4 per round turn. BlackBull Markets garners a commendable 4.5-star rating for commissions and fees, ranking #18 out of 62 brokers.
BDSwiss, on the other hand, offers the Classic, Raw, and VIP accounts. Their Classic account has a spread of 1.5 pips on EUR/USD, making it more costly compared to industry standards. The Raw account presents a more competitive offer of 0.3 pips plus a $5 commission per side, resulting in a total effective spread of 1.3. The VIP account slightly lowers the cost to 1.2 pips. Despite having good order execution statistics, BDSwiss holds a 4-star rating and ranks #30 among 62 brokers for commissions and fees.
Comparing the two brokers, BlackBull Markets provides lower commission costs in its Prime and ECN Institutional options compared to BDSwiss's offerings. Additionally, BlackBull Markets boasts a higher overall rating and rank, indicating a better value for traders focused on commissions and fees. This makes BlackBull Markets a potentially more attractive choice for individuals who prioritize minimizing trading costs.
| Feature |
BlackBull Markets
|
BDSwiss
|
|---|---|---|
| Minimum Deposit | $0 | $10-$5000 |
| Average Spread EUR/USD - Standard | 0.71 | 1.6 |
| All-in Cost EUR/USD - Active | 0.71 | 1.3 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
BlackBull Markets stands out with an impressive offering of 26,000 tradeable symbols, significantly surpassing BDSwiss's selection of 1,081. This extensive range allows investors to explore varied opportunities, including 72 forex pairs compared to BDSwiss's offering of 53. Furthermore, BlackBull Markets provides access to exchange-traded securities on both U.S. and international exchanges, enabling clients to buy real shares like Apple and Vodafone, a feature that BDSwiss does not provide. Both platforms support forex trading as CFDs or spot contracts and offer cryptocurrency derivatives, though neither allows purchasing actual cryptocurrencies.
In terms of additional features, both brokers offer copy trading, allowing investors to mimic successful trading strategies. When it comes to their reputation for the range of investments, BlackBull Markets receives a glowing 5-star rating and ranks 6th out of 62 brokers on ForexBrokers.com. BDSwiss, on the other hand, garners a respectable 4-star rating but ranks 34th in the same category. This comparison underscores BlackBull Markets' broader and more diverse investment offerings, making it a compelling choice for those seeking expansive trading options.
| Feature |
BlackBull Markets
|
BDSwiss
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 26000 | 1081 |
| Forex Pairs (Total) | 72 | 53 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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.
When it comes to trading platforms and tools, both BlackBull Markets and BDSwiss make strong offerings for traders seeking versatile options. BlackBull Markets provides well-known third-party platforms like MetaTrader 4 and MetaTrader 5 but does not have a proprietary platform. On the other hand, BDSwiss has developed its own platform in addition to supporting MetaTrader 4 and 5. Both brokers offer simulated trading via free demo accounts, allowing users to practice strategies without risking real money. These brokers offer comprehensive platform access, with both desktop and web-based options available. Of special note, BlackBull Markets supports ZuluTrade for copy trading, a feature BDSwiss does not offer, yet both support copy trading in general.
Charting capabilities show some differences, as BlackBull Markets offers 60 drawing tools compared to BDSwiss's 15, though neither currently list the number of technical indicators available. In terms of watch list configurations, BDSwiss offers slightly more customization with seven fields as opposed to six from BlackBull Markets. Despite these differences, each broker allows traders to execute trades directly from stock charts. Both platforms earn a solid four-star rating for trading platforms and tools. According to rankings by ForexBrokers.com, BDSwiss slightly edges out BlackBull Markets, positioned at #24 compared to #29 out of 62 brokers.
| Feature |
BlackBull Markets
|
BDSwiss
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 109 | 30 |
| Charting - Drawing Tools (Total) | 60 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When evaluating the mobile trading apps of BlackBull Markets and BDSwiss, both platforms are accessible on iPhone and Android devices, offering flexibility and convenience for traders on the go. They both feature essential trading tools, including stock and forex price alerts, the ability to draw trendlines, and multiple time frames on their charts. Each app supports 30 technical studies, allowing traders to conduct detailed analysis. Notably, BlackBull Markets and BDSwiss both allow users to create watchlists with real-time quotes, enhancing their trading experience.
However, a key difference lies in the watchlist syncing capability. BlackBull Markets enables seamless syncing between the mobile app and online account, ensuring that changes are consistently updated across both platforms. In contrast, BDSwiss lacks this syncing feature. Despite both apps earning a solid four-star rating for mobile trading, ForexBrokers.com ranks BDSwiss higher at #24 compared to BlackBull Markets at #31 out of 62 brokers, highlighting BDSwiss's slightly superior performance in this category.
| Feature |
BlackBull Markets
|
BDSwiss
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both BlackBull Markets and BDSwiss offer a daily market commentary to keep traders informed on recent market trends. They each provide economic calendars to track global news events, although neither broker sources forex news from top-tier agencies like Bloomberg or Reuters. Both platforms are equipped with technical analysis tools from Autochartist, facilitating data-driven decision-making for their clients.
BlackBull Markets provides a sentiment-based trading tool that allows clients to see market sentiment through the ratio of long or short positions, while BDSwiss, in contrast, provides additional support from Trading Central but lacks a sentiment tool. Neither broker partners with TipRanks or Acuity Trading for further market insights. With both rated at 4 stars for research, BlackBull Markets' research resources lead in ranking at 18th place compared to BDSwiss' 24th among 62 assessed brokers by ForexBrokers.com.
| Feature |
BlackBull Markets
|
BDSwiss
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | Yes | Yes |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing educational resources for beginners between BlackBull Markets and BDSwiss, both online brokers shine in their offerings. They each provide a minimum of 10 educational pieces focused on forex and CFDs, such as articles, videos, and webinars. Both platforms also host at least one online webinar per month, giving users the opportunity to engage with educational content regularly. Additionally, they offer a searchable archive of past webinars, allowing users to revisit the material at their convenience. For those just starting out, each provider offers at least 10 beginner-oriented trading videos and a comprehensive investor dictionary featuring over 50 investing terms.
For more advanced traders, BlackBull Markets and BDSwiss both present at least 10 educational videos tailored for experienced individuals looking to deepen their trading knowledge. Despite their similar offerings, BDSwiss holds a slightly higher educational ranking at #19 compared to BlackBull Markets' #29 on ForexBrokers.com, despite both sharing a four-star rating for education. This suggests that while both brokers offer extensive educational resources, BDSwiss may have a slight edge in the educational category according to this specific ranking.
| Feature |
BlackBull Markets
|
BDSwiss
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 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
|
|---|---|---|
| Overall Rating |
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| Trust Score | 78 | 73 |
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Both BlackBull Markets and BDSwiss do not offer the ability to purchase actual delivered cryptocurrency, yet they both provide options for trading cryptocurrency derivatives, offering investors the flexibility to engage in speculative trading without owning the digital assets themselves.
In comparing online brokers BlackBull Markets and BDSwiss, both platforms support Skrill, Visa, Mastercard, and bank wires for deposits and withdrawals, but only BDSwiss offers ACH and SEPA transfers, while neither supports PayPal.
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) | No | No | |
| 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) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 26000 | 1081 | |
| Forex Pairs (Total) | 72 | 53 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | 0.71 | 1.6 | |
| All-in Cost EUR/USD - Active | 0.71 | 1.3 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | No |
| Funding | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Minimum Deposit | $0 | $10-$5000 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | Yes | No |
| Trading Tools | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 109 | 30 | |
| Charting - Drawing Tools (Total) | 60 | 15 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| 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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