Written by ForexBrokers.com
In this head to head comparison of BDSwiss vs Eightcap, 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.
Founded in 2012, BDSwiss is an online broker that provides various trading services without being a publicly traded company or a bank. It holds one Tier-1 license, indicating a high level of trust, according to ForexBrokers.com. However, it lacks any Tier-2 licenses. BDSwiss has a Trust Score of 73 out of 99, suggesting it's viewed with average risk in terms of trustworthiness.
In contrast, Eightcap, established in 2009, also operates outside of the stock exchange and banking sectors. It stands out by holding three Tier-1 licenses, which places it in the "trusted" category by ForexBrokers.com. Although it does not hold any Tier-2 licenses, Eightcap boasts a Trust Score of 85, categorizing it as a trusted broker.
| Feature |
BDSwiss
|
Eightcap
|
|---|---|---|
| Year Founded | 2012 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 3 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing BDSwiss and Eightcap, both brokers offer various accounts with differing commission and fee structures. BDSwiss has a Classic account with a EUR/USD spread of 1.5 pips, which is considered higher-cost than some industry counterparts. Their Raw account features a spread of 0.3 pips plus a $5 commission per side, equating to an effective spread of 1.3 pips. More experienced traders might consider the VIP account, which offers a spread of 1.2 pips. BDSwiss earns a commendable 4-star rating for commissions and fees and ranks #30 out of 63 brokers based on ForexBrokers.com evaluations.
Eightcap stands out with its two account types operating under licenses from multiple regions including Australia, the Bahamas, the U.K., and Cyprus. The commission-based Raw account boasts an average spread of 0.06 pips, but when including a $3.50 commission per trade, the total cost becomes approximately 0.76 pips—falling slightly below the industry average. Alternatively, traders can opt for the spread-only Standard account. Like BDSwiss, Eightcap also receives a 4-star rating for commissions and fees but is ranked slightly higher at #26 by ForexBrokers.com.
In summary, while both brokers exhibit competitive ratings, Eightcap offers more favorable spreads and a slightly better rank compared to BDSwiss. Nonetheless, each broker provides unique account options to cater to different trading preferences and cost considerations, allowing traders to choose an account that best fits their financial strategies and needs.
| Feature |
BDSwiss
|
Eightcap
|
|---|---|---|
| Minimum Deposit | $10-$5000 | $100 |
| Average Spread EUR/USD - Standard | 1.6 | 1.0 |
| All-in Cost EUR/USD - Active | 1.3 | 0.76 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Both BDSwiss and Eightcap cater to traders interested in forex, offering contracts for difference (CFDs) on various currency pairs. BDSwiss provides a wider selection with 1,081 tradeable symbols, compared to Eightcap’s 800. For forex enthusiasts, Eightcap edges slightly ahead with 56 available currency pairs against BDSwiss's 53. Yet, neither broker offers exchange-traded securities on U.S. or international exchanges, limiting the scope for those looking to invest directly in traditional stocks like Apple or Vodafone.
For those interested in crypto, both brokers let clients trade cryptocurrency derivatives though neither allows for the purchase of actual cryptocurrency. Both also support copy trading, which can be a draw for beginners looking to mimic successful traders. When it comes to the range of investments, BDSwiss enjoys a four-star rating and ranks #34 out of 63 brokers, whereas Eightcap is rated at 3.5 stars and sits at #40 in the rankings. This highlights BDSwiss's slightly more diverse investment offerings according to ForexBrokers.com.
| Feature |
BDSwiss
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1081 | 800 |
| Forex Pairs (Total) | 53 | 56 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | 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.
BDSwiss and Eightcap both offer a competitive range of trading platforms and tools designed to cater to the needs of modern traders. Both brokers provide the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, accessible via Windows-based desktop downloads and web-based interfaces, ensuring flexibility for traders who prefer different access modes. Additionally, both BDSwiss and Eightcap support paper trading through free virtual demo accounts, allowing users to practice and refine their trading strategies without any financial risk. For those interested in copy trading, both platforms offer this functionality, enabling traders to mirror the moves of more experienced market participants.
Distinctively, BDSwiss offers its own proprietary platform developed in-house, providing a tailored experience that might appeal to traders looking for something unique. In contrast, Eightcap focuses on delivering their services through established third-party platforms. When it comes to charting tools, both brokers provide 15 drawing tools and offer the ability to trade directly from stock charts, supporting detailed technical analysis. For watch list customization, both BDSwiss and Eightcap deliver seven fields of columns, allowing traders to keep track of their preferred assets. Rated with four stars for their trading platforms and tools, BDSwiss ranks slightly higher at 24th out of 63 brokers, compared to Eightcap's 38th position, as evaluated by ForexBrokers.com.
| Feature |
BDSwiss
|
Eightcap
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| 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 | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both BDSwiss and Eightcap provide mobile trading apps for iPhone and Android users, making them accessible for a wide range of traders. Their apps enable users to set stock and forex price alerts and offer 30 technical studies for charting, allowing traders to stay informed and perform detailed analyses. Both platforms also allow trendline drawing and viewing of multiple time frames on their charts, with the convenience of auto-saving any drawings made, enhancing the user experience significantly. Additionally, creating watchlists with real-time quotes is a feature present on both apps, ensuring that users can easily track their preferred stocks and forex pairs.
However, when it comes to syncing watchlist symbols across devices, Eightcap takes the lead by offering this feature, whereas BDSwiss does not. This allows Eightcap users to have a seamless experience whether they're on their phones or accessing their accounts online. In terms of ratings, both apps scored four stars for their mobile trading capabilities, indicating a high level of satisfaction among users. Nevertheless, BDSwiss holds a better position, ranking #24 out of 63 brokers as opposed to Eightcap's #38 ranking, suggesting a slightly higher standing in the industry.
| Feature |
BDSwiss
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| 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.
When it comes to market research, both BDSwiss and Eightcap provide daily market commentary, helping traders stay informed about current trading conditions. However, neither broker includes forex news from top-tier sources like Bloomberg or Reuters. BDSwiss gains an edge with its use of Autochartist and Trading Central tools, offering enhanced technical and fundamental analysis features not available with Eightcap. In contrast, Eightcap provides a sentiment-based trading tool that displays the ratio of long and short positions across various instruments, a feature BDSwiss lacks.
Both brokers offer economic calendars to track important financial events globally. BDSwiss outperforms Eightcap in research ratings, earning 4 stars against Eightcap’s 3.5. This difference is reflected in their rankings by ForexBrokers.com, where BDSwiss holds the 24th position among 63 brokers, while Eightcap is ranked 39th. Despite the areas where they differ, each broker provides valuable resources suitable for varying trading strategies and needs.
| Feature |
BDSwiss
|
Eightcap
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for budding traders, both BDSwiss and Eightcap stand out by offering a comprehensive selection of materials. Both platforms provide at least 10 educational pieces, such as articles, videos, and archived webinars, centered on forex and CFDs. However, BDSwiss takes the lead with monthly online webinars, a feature absent from Eightcap's offerings. Additionally, both brokers present a searchable archive of past webinars, making it easy for beginners to access and rewatch valuable content.
For those looking to dive deeper into trading, BDSwiss offers more extensive resources, including at least 10 beginner-focused videos and an equal number of advanced videos tailored for seasoned traders. Meanwhile, Eightcap matches BDSwiss in beginner video offerings but lacks in providing advanced trader videos. Both platforms supply an investor dictionary with over 50 terms, helping traders familiarize themselves with key industry concepts. With solid educational ratings—BDSwiss at four stars and Eightcap at three and a half—BDSwiss ranks higher in educational offerings, securing the 19th spot compared to Eightcap's 40th in ForexBrokers.com rankings. This comparison clearly highlights BDSwiss as the more well-rounded choice for educational resources.
| Feature |
BDSwiss
|
Eightcap
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| 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 BDSwiss is better than Eightcap. BDSwiss finished with an overall rank of #36, while Eightcap finished with an overall rank of #38.
The BDSwiss brand caters to over 1.6 million registered forex and CFD traders, and offers the full MetaTrader platform suite alongside its own proprietary mobile app. BDSwiss demonstrates good order execution statistics and provides access to over 1,000 tradable symbols – though its spreads are higher than industry leaders.
| Feature |
BDSwiss
|
Eightcap
|
|---|---|---|
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| Trust Score | 73 | 85 |
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Both BDSwiss and Eightcap do not offer the ability to buy actual delivered cryptocurrency, but they both provide the option to trade cryptocurrency derivatives.
While BDSwiss supports ACH and SEPA transfers but lacks PayPal, Eightcap offers PayPal but does not support ACH or SEPA transfers; both brokers, however, accommodate Skrill, Visa, Mastercard, and bank wire transactions, providing varied options for depositing and withdrawing account funds.
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 | BDSwiss | Eightcap | |
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| Trust Score | 73 | 85 | |
| Winner | check_circle | ||
| Review | BDSwiss Review | Eightcap Review |
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| Regulation | BDSwiss | Eightcap | |
|---|---|---|---|
| Trust Score | 73 | 85 | |
| Year Founded | 2012 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 3 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | BDSwiss | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| 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) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | BDSwiss | Eightcap | |
|---|---|---|---|
| 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 | BDSwiss | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1081 | 800 | |
| Forex Pairs (Total) | 53 | 56 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | 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 | BDSwiss | Eightcap | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.6 | 1.0 | |
| All-in Cost EUR/USD - Active | 1.3 | 0.76 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | No | Yes |
| Funding | BDSwiss | Eightcap | |
|---|---|---|---|
| Minimum Deposit | $10-$5000 | $100 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | BDSwiss | Eightcap | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| 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 | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | BDSwiss | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BDSwiss | Eightcap | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| 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 | BDSwiss | Eightcap | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | BDSwiss | Eightcap | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | BDSwiss | Eightcap | |
|---|---|---|---|
| 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 | BDSwiss Review | Eightcap Review |
| Overall | BDSwiss | Eightcap | |
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| Trust Score | 73 | 85 | |
| Winner | check_circle | ||
| Review | BDSwiss Review | Eightcap Review |
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