Written by ForexBrokers.com
In this head to head comparison of Fineco 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.
Fineco and BDSwiss are two prominent online brokers with different levels of regulatory oversight and trustworthiness. Fineco, founded in 1999, is a publicly traded bank, which adds to its credibility. It holds two top-tier licenses, contributing to its high Trust Score of 94 out of 99 on ForexBrokers.com, categorizing it as a highly trusted broker. In contrast, BDSwiss, launched in 2012, is neither publicly traded nor a bank. It holds one top-tier license and scores 73 out of 99, placing it in the average risk category.
When comparing these two brokers, Fineco stands out due to its longer history, banking status, and higher trust rating. The additional licenses Fineco holds underpin its reputation as a reliable choice for traders seeking secure online trading. BDSwiss, while still maintaining regulatory licenses, presents a moderate risk to its users according to its current Trust Score. Thus, Fineco may appeal more to those prioritizing security and a strong regulatory foundation.
| Feature |
Fineco
|
BDSwiss
|
|---|---|---|
| Year Founded | 1999 | 2012 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
When comparing the commissions and fees of Fineco and BDSwiss, there are notable differences that potential traders should consider. Fineco does not provide average spread data for forex and CFD trading, leaving its true trading costs somewhat obscured. However, it lists a spread of 1 pip for the EUR/USD, which is relatively higher than what most forex brokers offer. Fineco also states a spread of 0.8 pips, though these are not clearly marked as averages or tied to a specific time frame. Despite this, Fineco is known to offer competitive spreads on its index CFDs. Overall, Fineco earns a 3.5-star rating for commissions and fees and is ranked 51st out of 63 brokers in this category by ForexBrokers.com.
On the other hand, BDSwiss provides transparent order execution statistics, though its spreads on the EUR/USD for the Classic account stand at 1.5 pips, which is relatively high. For traders seeking better terms, BDSwiss offers a Raw account with a spread of 0.3 pips plus a $5 commission per side, resulting in a total effective spread of 1.3 pips. The VIP account features a slightly lower spread of 1.2 pips. BDSwiss receives a 4-star rating for commissions and fees and ranks 30th out of 63 brokers according to ForexBrokers.com.
For traders prioritizing cost efficiency, BDSwiss generally offers more appealing options with its range of account types and transparent fee structures. Though Fineco may have competitive offerings in its index CFDs, the uncertainty around its spread averages and lack of detailed fee information makes it less favorable for traders who prioritize transparent pricing. Overall, both brokers offer distinct advantages, but BDSwiss appears to provide a more comprehensive fee structure.
| Feature |
Fineco
|
BDSwiss
|
|---|---|---|
| Minimum Deposit | $0 | $10-$5000 |
| Average Spread EUR/USD - Standard | N/A | 1.6 |
| All-in Cost EUR/USD - Active | N/A | 1.3 |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Fineco and BDSwiss for their range of investment options, several key differences stand out. Fineco boasts an impressive 9,770 tradeable symbols, including 54 forex pairs, which provides plenty of opportunities for diversification. BDSwiss, in contrast, offers 1,081 tradeable symbols with 53 forex pairs. Moreover, Fineco allows clients to invest in exchange-traded securities on both U.S. and international exchanges, letting investors purchase shares of companies like Apple and Vodafone. On the other hand, BDSwiss does not provide access to such exchange-traded securities.
In terms of extra features, BDSwiss supports copy trading and offers cryptocurrency derivatives, presenting additional avenues for trader engagement. Fineco, however, does not offer these options. Both platforms provide forex trading as CFDs or spot contracts, but neither facilitates the purchase of actual cryptocurrencies. Overall, Fineco receives a higher rating of 4.5 stars from ForexBrokers.com for its diverse range of investments and holds a commendable 16th place among 63 brokers. Meanwhile, BDSwiss is rated 4 stars, securing the 34th position in the same category, making Fineco a more attractive choice for those seeking broad investment options.
| Feature |
Fineco
|
BDSwiss
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 9770 | 1081 |
| Forex Pairs (Total) | 54 | 53 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | No | 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 Fineco and BDSwiss in terms of their trading platforms and tools, each has unique offerings that cater to different trading preferences. Fineco provides a proprietary platform with a Windows-based desktop application and a web-based option for flexibility. It stands out with a streamlined interface, although it lacks the MetaTrader suite and trading directly from charts. Fineco also does not offer simulated trading or copy trading options, but it does provide essential drawing tools for charting.
On the other hand, BDSwiss offers a more comprehensive toolkit with its proprietary platform alongside well-known options like MetaTrader 4 and MetaTrader 5, appealing to traders seeking a variety of strategies. BDSwiss excels with features such as simulated trading and copy trading, enabling new traders to learn and experienced ones to diversify. It also offers better charting capabilities with more drawing tools and the ability to trade directly from charts. Both Fineco and BDSwiss receive commendable ratings, earning 4 stars each for their trading platforms. However, Fineco ranks slightly higher at #18 compared to BDSwiss at #24 by ForexBrokers.com, indicating a marginal preference in industry evaluations.
| Feature |
Fineco
|
BDSwiss
|
|---|---|---|
| Virtual Trading (Demo) | No | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 37 | 30 |
| Charting - Drawing Tools (Total) | 7 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | N/A | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Fineco and BDSwiss offer highly accessible trading experiences with their mobile apps, catering to both iPhone and Android users. They provide the essential feature of stock and forex price alerts, helping you stay informed of market movements. However, neither platform offers syncing for watchlist symbols between the mobile app and the online account. While Fineco offers six technical studies for charting, BDSwiss provides a more comprehensive selection with 30. Moreover, BDSwiss allows users to draw trendlines on charts and has the convenience of auto-saving drawings, whereas Fineco doesn't offer these specific functionalities.
Regarding chart timeframes, both apps support viewing multiple different time frames, such as daily, weekly, or intraday. When it comes to creating a watchlist with real-time quotes, BDSwiss provides this feature, while Fineco does not. Both platforms are rated four stars for their mobile trading apps, yet they differ significantly in their ranking positions: BDSwiss secures the 24th spot among 63 brokers on ForexBrokers.com, highlighting its more favorable user experience compared to Fineco, which ranks at 42nd.
| Feature |
Fineco
|
BDSwiss
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 6 | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | No | Yes |
Dive deeper: Best Forex Trading Apps.
When evaluating the market research offerings of online brokers Fineco and BDSwiss, it's essential to look at the features that cater to different trader needs. BDSwiss provides daily market commentary, which can be valuable for traders who want regular insights. However, Fineco stands out with access to forex news from respected sources like Bloomberg and Reuters, providing a layer of market context that BDSwiss lacks. While BDSwiss takes the lead with technical analysis tools from companies like Autochartist and Trading Central, which can be crucial for in-depth analysis, neither broker offers sentiment-based trading tools or market research from TipRanks and Acuity Trading. Both Fineco and BDSwiss offer economic calendars, helping traders stay informed about important global events.
Despite Fineco having a higher research rating of 4.0 stars compared to BDSwiss's 4 stars, BDSwiss is ranked higher by ForexBrokers.com at number 24 out of 63 brokers, with Fineco ranking at 33. This suggests that while both brokers have comprehensive research offerings, BDSwiss might have a slight edge in terms of overall recognition and resource availability, especially for those who prioritize technical analysis tools.
| Feature |
Fineco
|
BDSwiss
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing Fineco and BDSwiss for their educational offerings aimed at beginners, both brokers present certain advantages. Fineco does not provide an extensive selection of educational materials specifically focused on forex or CFDs, falling short of offering 10 or more pieces in these areas. In contrast, BDSwiss has a solid array of such educational content, meeting the need for at least ten informative articles, videos, or webinars. Both platforms conduct regular monthly webinars, but BDSwiss also offers a searchable archive of recorded webinars for users to revisit—something Fineco lacks. Both brokers have resources targeted at newcomers to trading, with Fineco and BDSwiss each offering at least ten beginner-focused videos. Additionally, they provide investor dictionaries containing over 50 investing terms, making it easier for beginners to grasp key concepts.
For those with more advanced needs, BDSwiss pulls ahead by providing a noteworthy selection of advanced educational videos to aid experienced traders, whereas Fineco does not meet this benchmark. Users have rated Fineco and BDSwiss equally with a 4-star rating for education on ForexBrokers.com. However, the platforms differ significantly in their ranking within the broker network; Fineco ranks 49th out of 63 for education, while BDSwiss achieves a higher standing at 19th. This discrepancy reflects BDSwiss's greater emphasis on comprehensive educational support, catering to both novice and skilled traders more effectively.
| Feature |
Fineco
|
BDSwiss
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | 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 Fineco is better than BDSwiss. Fineco finished with an overall rank of #25, while BDSwiss finished with an overall rank of #36.
FinecoBank is a trusted multi-asset broker offering forex and CFDs across its brands regulated in the U.K. and Italy. However, unless you visit a physical branch as a citizen of the EU – or you are a resident of Italy or the U.K. – you will not be permitted to open an online account with FinecoBank.
| Feature |
Fineco
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BDSwiss
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| Overall Rating |
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| Trust Score | 94 | 73 |
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When comparing Fineco and BDSwiss, neither brokerage allows for the purchase of actual delivered cryptocurrency, but BDSwiss does offer the ability to trade cryptocurrency derivatives, while Fineco does not provide this option.
Fineco and BDSwiss both support ACH and SEPA transfers for deposits and withdrawals, while neither offers PayPal; however, Fineco does not accept Visa, Mastercard, or Skrill, unlike BDSwiss, which accepts all three along with bank wires available at both brokers.
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 | Fineco | BDSwiss | |
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| Trust Score | 94 | 73 | |
| Winner | check_circle | ||
| Review | Fineco Review | BDSwiss Review |
| Broker Screenshots | Fineco | BDSwiss | |
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| Regulation | Fineco | BDSwiss | |
|---|---|---|---|
| Trust Score | 94 | 73 | |
| Year Founded | 1999 | 2012 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | Fineco | 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) | Fineco | 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 | Fineco | BDSwiss | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 9770 | 1081 | |
| Forex Pairs (Total) | 54 | 53 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | No | 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 | Fineco | BDSwiss | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.6 | |
| All-in Cost EUR/USD - Active | N/A | 1.3 | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | No | No |
| Funding | Fineco | BDSwiss | |
|---|---|---|---|
| Minimum Deposit | $0 | $10-$5000 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | Fineco | BDSwiss | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Fineco | BDSwiss | |
|---|---|---|---|
| Virtual Trading (Demo) | No | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | N/A | 7 | |
| Charting - Indicators / Studies (Total) | 37 | 30 | |
| Charting - Drawing Tools (Total) | 7 | 15 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Fineco | BDSwiss | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | No | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 6 | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Fineco | BDSwiss | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Fineco | BDSwiss | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Fineco | 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 | Fineco Review | BDSwiss Review |
| Overall | Fineco | BDSwiss | |
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| Trust Score | 94 | 73 | |
| Winner | check_circle | ||
| Review | Fineco Review | BDSwiss Review |
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