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 | 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 offers a far wider range of investments than BDSwiss. You’ll find about 26,000 tradeable symbols at BlackBull versus 1,081 at BDSwiss. Both brokers support forex trading (CFD/spot), but BlackBull lists 72 currency pairs compared with 53 at BDSwiss. Only BlackBull lets you buy exchange-traded shares directly on U.S. and international markets (think Apple or Vodafone); BDSwiss does not offer direct share dealing.
Both brokers provide copy trading and crypto exposure via derivatives, though neither lets you buy actual cryptocurrencies. For range of investments, ForexBrokers.com rates BlackBull Markets 5 stars (ranked #6 of 63), while BDSwiss earns 4 stars (ranked #35). Choose BlackBull if you want a very large selection and direct stock ownership; pick BDSwiss if you’re comfortable with a smaller lineup that still includes forex, CFDs, copy trading, and crypto derivatives.
| 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.
If you’re comparing online brokers BlackBull Markets and BDSwiss for trading platforms and tools, both let you practice with a free demo (paper) account. BlackBull focuses on third‑party platforms—MetaTrader 4 (MT4) and MetaTrader 5 (MT5)—available on Windows desktop and in your browser; it does not offer a proprietary platform. BDSwiss provides MT4/MT5 plus its own in‑house platform on Windows and the web. Copy trading is available at both, with a key difference: BlackBull integrates ZuluTrade while BDSwiss does not; neither supports DupliTrade. Both brokers also let you place trades directly from charts.
For charting and customization, BlackBull Markets lists about 60 drawing tools versus 15 at BDSwiss, while watch lists show up to 6 fields at BlackBull and 7 at BDSwiss. Each earns 4 stars for Trading Platforms and Tools from ForexBrokers.com; in that category, BDSwiss ranks 24th out of 63 brokers, and BlackBull ranks 31st. Both cover the essentials—web and desktop access, MT4/MT5, copy trading, and a demo account—so your choice may hinge on preferring a broker’s own platform (BDSwiss) or access to ZuluTrade (BlackBull).
| 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.
BlackBull Markets and BDSwiss both deliver capable mobile trading apps for iPhone and Android. Each app supports price alerts, real-time watchlists, 30 technical indicators for charting, trendline drawing, multiple time frames (intraday to weekly), and auto-saving of chart annotations. In independent ratings, both earn 4 stars for Mobile Trading Apps. In ForexBrokers.com’s 2025 category ranking out of 63 brokers, BDSwiss places #24 while BlackBull Markets is #33.
The key difference is watchlist syncing. BlackBull Markets syncs watchlists across mobile and your online account, so symbols you add or edit on one device show up everywhere. BDSwiss does not sync watchlists between platforms. If seamless multi-device use matters, BlackBull Markets has the edge; if overall category standing is your tie-breaker, BDSwiss ranks higher.
| 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.
Both BlackBull Markets and BDSwiss offer beginner-friendly education for forex and CFD trading. Each broker provides at least 10 learning pieces (such as articles, videos, and archived webinars), runs monthly client webinars, and maintains a searchable library of past sessions. New traders also get access to dedicated video lessons for beginners (10+ videos), more advanced content for when skills grow (10+ videos), and an investor dictionary with 50 or more definitions—useful for learning key terms quickly.
When it comes to quality ratings, both brokers earn 4 out of 5 stars for Education. According to ForexBrokers.com, BDSwiss ranks #22 out of 63 brokers for Education, while BlackBull Markets ranks #29. That means BDSwiss has a slight edge in overall standing, but both are strong choices for beginners who want structured videos, regular live webinars, and easy-to-find learning materials.
| 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
|
BDSwiss
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 78 | 73 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 78 | 73 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | BDSwiss Review |
| Broker Screenshots | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| 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 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 78 | 73 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | BDSwiss Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill