Written by ForexBrokers.com
In this head to head comparison of eToro 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.
eToro, established in 2007, has gained a strong foothold in the online brokerage industry, achieving a highly trusted rating of 96 from ForexBrokers.com. As a publicly traded company, eToro holds three Tier-1 licenses and an additional Tier-2 license, underscoring its commitment to maintaining a high level of trust and security for its users. While it is not a bank, eToro's regulatory framework emphasizes its reputable status in the trading community.
On the other hand, BDSwiss, founded in 2012, is rated with a Trust Score of 73 by ForexBrokers.com, placing it in the average risk category. Unlike eToro, BDSwiss is not publicly traded and holds one Tier-1 license, with no Tier-2 licenses. While BDSwiss is not a bank either, the firm's regulatory credentials reflect a more cautious approach to risk when compared to eToro. Users considering either platform must weigh these differences in trust and regulatory standing when making trading decisions.
| Feature |
eToro
|
BDSwiss
|
|---|---|---|
| Year Founded | 2007 | 2012 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
For traders comparing eToro and BDSwiss based on commissions and fees, eToro emerges as a distinctive choice with its market-maker approach. While the typical variable spread of 1 pip on the EUR/USD at eToro is slightly above the industry average, traders are often drawn to its renowned social copy trading platform rather than its spreads. eToro also offers a VIP Club, featuring five tiers from Silver to Diamond, for balances between $5,000 and $250,000. These tiers offer benefits like access to Trading Central and reduced withdrawal and deposit fees, enhancing its appeal to traders with larger account sizes. Overall, eToro receives a commendable rating of 4.5 stars and ranks #22 out of 63 brokers for commissions and fees according to ForexBrokers.com.
On the other hand, BDSwiss highlights good order execution, though its spreads can be on the higher side compared to leading competitors. The Classic account includes a spread of 1.5 pips on EUR/USD, which is relatively expensive. For those seeking more competitive pricing, the Raw account offers a spread of 0.3 pips with an added $5 commission per side, resulting in a total effective spread of 1.3. Additionally, BDSwiss offers a VIP account with a spread of 1.2 pips. With a rating of 4 stars and a ranking of #30 out of 63 brokers in the commissions and fees category by ForexBrokers.com, BDSwiss provides a solid option with certain competitive accounts.
| Feature |
eToro
|
BDSwiss
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $10-$5000 |
| Average Spread EUR/USD - Standard | 1 | 1.6 |
| All-in Cost EUR/USD - Active | N/A | 1.3 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | 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.
eToro and BDSwiss both offer compelling options for online trading, yet they cater to distinct investor needs. With 5,461 tradeable symbols, eToro provides a wider variety of opportunities compared to BDSwiss, which offers 1,081. Both platforms allow forex trading as CFDs or spot contracts, with eToro featuring 55 forex pairs and BDSwiss a close 53. When it comes to exchange-traded securities, eToro stands out by offering not only U.S. stocks like Apple but also international choices such as Vodafone. In contrast, BDSwiss does not provide exchange-traded securities on U.S. or international exchanges.
For cryptocurrency enthusiasts, eToro allows the purchase of actual cryptocurrencies, whereas BDSwiss limits clients to cryptocurrency derivatives. Both platforms support copy trading, enabling investors to mimic successful strategies. Overall, eToro earns a 5-star rating for its range of investments, ranking 10th among 63 brokers according to ForexBrokers.com. BDSwiss, while still noteworthy, holds a 4-star rating and a rank of 34th, making eToro the more versatile choice for investors seeking broader market access.
| Feature |
eToro
|
BDSwiss
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5461 | 1081 |
| Forex Pairs (Total) | 55 | 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) | Yes | 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 evaluating eToro and BDSwiss for their trading platforms and tools, traders will find that both brokers offer virtual demo accounts, allowing users to practice trading without financial risk. Each broker provides proprietary platforms tailored to their users' needs. However, eToro exclusively caters to online users with a web-based trading option, completely avoiding Windows-based desktop applications, whereas BDSwiss caters to both, offering desktop software for Windows users. Notably, eToro's emphasis is on social trading features like copy trading, while BDSwiss extends its toolset to include the popular MetaTrader 4 and MetaTrader 5 platforms.
Both platforms are equipped with features that appeal to different types of traders. eToro offers an impressive suite of 161 charting drawing tools compared to the 15 provided by BDSwiss. However, BDSwiss allows for direct trading from stock charts, a feature absent in eToro. For those focused on tracking market moves, eToro offers six columns for its watch lists, while BDSwiss provides seven. In terms of user satisfaction, eToro edges out with a 4.5-star rating for its trading platforms and tools, compared to BDSwiss's 4-star rating. Furthermore, eToro ranks 8th out of 63 brokers according to ForexBrokers.com, while BDSwiss is positioned at 24th, highlighting eToro's strong appeal in the trading community.
| Feature |
eToro
|
BDSwiss
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 104 | 30 |
| Charting - Drawing Tools (Total) | 161 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When choosing between eToro and BDSwiss for mobile trading, both platforms offer iPhone and Android applications that can help users keep track of their investments on the go. Both apps provide stock and forex price alerts and allow for viewing multiple time frames on charts. eToro stands out by providing 104 technical studies for charting, compared to BDSwiss's 30, offering more detailed analysis options. However, BDSwiss allows users to draw trendlines and automatically saves chart drawings, whereas eToro lacks these capabilities. Both platforms enable watchlist creation with real-time quotes, but eToro enhances user convenience with watchlist symbol syncing across its mobile and online platforms, a feature not available with BDSwiss.
In terms of user ratings and rankings, eToro's mobile trading app boasts a higher rating of 4.5 stars compared to BDSwiss's 4 stars. According to ForexBrokers.com, eToro is ranked 10th out of 63 brokers in the mobile trading apps category, offering a more favorable assessment in usability and features. Meanwhile, BDSwiss is ranked 24th, demonstrating it is a competent choice, albeit with some features lacking compared to eToro. When deciding between these platforms, potential users may consider eToro for its enhanced app functionalities and higher ranking, while BDSwiss might appeal to those who prioritize trendline drawing and automatic saving of chart annotations.
| Feature |
eToro
|
BDSwiss
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of eToro and BDSwiss, both platforms provide daily market commentary to keep traders informed. However, neither broker provides forex news from top-tier sources like Bloomberg or Reuters. eToro stands out with its tools from Trading Central and sentiment-based trading tools that offer insights into long or short positions, which BDSwiss lacks. Additionally, eToro offers market research through TipRanks, a feature not available with BDSwiss.
BDSwiss offers tools from Autochartist, adding depth to its technical and fundamental analysis, a service not provided by eToro. Both brokers provide an economic calendar that displays global news events, helping traders stay updated on market impacts. In terms of research quality, eToro is rated slightly higher with 4.5 stars compared to BDSwiss's 4 stars, and is ranked #13 by ForexBrokers.com, while BDSwiss is ranked #24 out of 63 brokers. This makes eToro a slightly stronger choice for those prioritizing research tools and insights.
| Feature |
eToro
|
BDSwiss
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing eToro and BDSwiss, both platforms stand out for offering a solid range of educational resources tailored for beginners interested in forex and CFDs. Both brokers provide over ten educational materials, such as articles, videos, and webinars, specifically focusing on forex and CFDs. Additionally, they host regular webinars monthly, which are accessible live and stored in a searchable archive for later viewing. This ensures that beginners have ample opportunities to learn at their own pace and revisit complex topics as needed.
Both eToro and BDSwiss cater to different levels of expertise with more than ten beginner-friendly videos and advanced materials for seasoned traders. They also offer an investor dictionary with definitions of at least 50 investing terms, providing a well-rounded foundation for new traders. According to ForexBrokers.com, eToro receives a 4.5-star rating and ranks #5 among 63 brokers for education, indicating a slightly stronger edge over BDSwiss, which holds a 4-star rating and ranks #19. This ranking reflects eToro's slightly broader educational offerings, making it a top choice for learners eager to immerse themselves in the trading world.
| Feature |
eToro
|
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 eToro is better than BDSwiss. eToro finished with an overall rank of #9, while BDSwiss finished with an overall rank of #36.
eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.
| Feature |
eToro
|
BDSwiss
|
|---|---|---|
| Overall Rating |
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| Trust Score | 96 | 73 |
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eToro provides the flexibility to purchase both actual cryptocurrencies and cryptocurrency derivatives, while BDSwiss offers only the option to buy cryptocurrency derivatives, not the actual cryptocurrencies themselves.
When comparing eToro and BDSwiss for online trading, both platforms support ACH or SEPA transfers, Skrill, Visa, Mastercard, and bank wires for deposits and withdrawals, but only eToro offers the added convenience of 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 | eToro | BDSwiss | |
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| Trust Score | 96 | 73 | |
| Winner | check_circle | ||
| Review | eToro Review | BDSwiss Review |
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| Regulation | eToro | BDSwiss | |
|---|---|---|---|
| Trust Score | 96 | 73 | |
| Year Founded | 2007 | 2012 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | eToro | BDSwiss | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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) | 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) | eToro | 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 | eToro | BDSwiss | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5461 | 1081 | |
| Forex Pairs (Total) | 55 | 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) | Yes | 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 | eToro | BDSwiss | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1 | 1.6 | |
| All-in Cost EUR/USD - Active | N/A | 1.3 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | No |
| Funding | eToro | BDSwiss | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $10-$5000 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | eToro | BDSwiss | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | eToro | BDSwiss | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 104 | 30 | |
| Charting - Drawing Tools (Total) | 161 | 15 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | 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 | 104 | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | eToro | BDSwiss | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | eToro | 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 | eToro | 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 | eToro Review | BDSwiss Review |
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| Trust Score | 96 | 73 | |
| Winner | check_circle | ||
| Review | eToro Review | BDSwiss Review |
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