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 |
When comparing commissions and fees between BlackBull Markets and BDSwiss, BlackBull Markets stands out with a slightly favorable overall pricing structure. For the Prime account at BlackBull Markets, you can expect to have an average spread of 0.16 pips on EUR/USD, based on March 2024 data. This results in a total cost of 0.76 pips after including the commission of 0.3 pips per side or $6 per 10,000 traded. For those who prefer a commission-free route, the Standard account offers no commission but comes with higher spreads. For active traders, the ECN Institutional account offers attractive commission rates.$4 per round turn but requires a minimum deposit of $20,000. BlackBull Markets holds a strong rating of 4.5 stars for its commission and fees structure, ranking at #18 out of 63 brokers according to ForexBrokers.com.
BDSwiss, on the other hand, presents a mixed bag in terms of fees and commissions. Its Classic account comes with a relatively high spread of 1.5 pips on the EUR/USD pair. If you're aiming for lower spreads with BDSwiss, the Raw account features a spread of 0.3 pips plus a $5 commission per side, which brings the total effective spread to 1.3 pips. Additionally, the VIP account offers spreads of 1.2 pips. Despite its higher spreads, BDSwiss has managed to secure a commendable rating of 4 stars and ranks #30 out of 63 brokers in the commissions and fees category, based on ForexBrokers.com evaluations.
In essence, BlackBull Markets and BDSwiss both offer distinct advantages in terms of their pricing structures, catering to different trading preferences and strategies. While BlackBull Markets excels with slightly lower spreads and competitive commissions, BDSwiss provides various account options catering to traders who prioritize order execution. However, BlackBull Markets' lower spreads and higher ranking make it a compelling choice for cost-conscious traders.
| 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.
When comparing BlackBull Markets and BDSwiss in terms of their range of investments, several distinctions emerge that might influence your choice. BlackBull Markets offers an impressive selection with 26,000 tradeable symbols, significantly more than the 1,081 available with BDSwiss. Both brokers support forex trading as CFDs or spot contracts, but BlackBull Markets takes the lead with 72 tradeable forex pairs, compared to 53 offered by BDSwiss. Additionally, BlackBull Markets provides access to U.S. and international exchange-traded securities, allowing clients the opportunity to invest in companies like Apple and Vodafone, an option BDSwiss does not extend.
For those interested in various trading strategies, both platforms offer copy trading and cryptocurrency derivatives, though neither facilitates purchasing actual cryptocurrencies. In terms of evaluations, BlackBull Markets outshines with a 5-star rating for range of investments, standing tall at 6th place out of 63 brokers ranked by ForexBrokers.com, while BDSwiss garners a respectable 4-star rating and is ranked 34th. Whether you're focused on sheer volume of tradeable options or access to specific markets, these differences highlight BlackBull Markets as a more comprehensive option for a wide array of investment opportunities.
| 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 comparing BlackBull Markets and BDSwiss in terms of trading platforms and tools, both brokers offer a comprehensive suite catering to a variety of trade preferences. Both provide free virtual demo accounts for simulated trading, allowing traders to practice without financial risk. While BlackBull Markets relies on the popular MetaTrader platforms without a unique in-house platform, BDSwiss stands out by offering its own proprietary platform. Both brokers support Windows-based desktop and web-based platforms, enabling flexible trading environments. Additionally, BlackBull Markets supports ZuluTrade for social trading, while BDSwiss does not.
In terms of charting tools, BlackBull Markets offers more drawing tools with 60 options compared to BDSwiss's 15, although both facilitate trading directly from stock charts. When it comes to watch lists, BDSwiss provides a slightly more detailed view with seven fields, compared to BlackBull Markets' six. Both brokers hold an equal rating of four stars for their trading platforms and tools. However, BDSwiss takes a slight lead in broker rankings, standing at 24th versus BlackBull Markets at 29th, according to ForexBrokers.com in this category.
| 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.
Both BlackBull Markets and BDSwiss offer comprehensive mobile trading apps for both iPhone and Android users, ensuring accessibility across popular platforms. Traders can benefit from key features like stock or forex price alerts and the ability to draw trendlines on charts. Both apps also offer 30 technical studies for charting and enable users to view multiple time frames, allowing for detailed and personalized trading analysis. A significant difference between the two is BlackBull Markets' feature of watchlist symbol syncing, which allows changes made to watchlists in the mobile app to sync with the user's online account, an option not available with BDSwiss.
While both apps provide the ability to create watchlists with real-time quotes and auto-save chart drawings, their overall ratings differ slightly. BlackBull Markets receives four stars for its mobile trading app, ranking 31st among 63 brokers according to ForexBrokers.com. BDSwiss, also rated four stars, ranks slightly higher at 24th. This indicates both provide reliable and well-rated mobile trading experiences, with BDSwiss holding a marginal edge in terms of overall ranking.
| 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 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 | 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.
BlackBull Markets and BDSwiss both excel in providing a comprehensive suite of educational resources for beginners interested in forex and CFDs. Each platform offers a minimum of 10 educational materials, including articles, videos, and archived webinars that are tailored to both novice and experienced traders. Both brokers also conduct monthly webinars to continuously educate their clients, and maintain a searchable archive of past webinars, offering clients the flexibility to learn at their own pace. Each broker is stocked with more than 10 beginner-friendly videos, ensuring that newcomers receive a well-rounded introduction to trading concepts. Additionally, advanced videos cater to seasoned traders, making these brokers versatile in addressing the needs of all levels of expertise.
Further enhancing their educational offerings, both BlackBull Markets and BDSwiss provide an investor dictionary containing over 50 essential investing terms. This feature aids in demystifying trading jargon, allowing users to converse and understand trading discussions easily. Despite the similar robust educational resources provided by both brokers, BDSwiss slightly edges out BlackBull Markets with a higher ranking in the Education category on ForexBrokers.com, placed at #19 out of 63 brokers, compared to BlackBull Markets' #29 ranking. However, both brokers share an equal 4-star rating for their educational services, indicating that they both offer valuable and quality educational content for traders.
| 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 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
|
|---|---|---|
| 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) | |||
| 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/Central Bank Authorised) | No | No | |
| 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. 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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