Written by ForexBrokers.com
In this head to head comparison of FOREX.com 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.
FOREX.com and BDSwiss, both online brokers, differ significantly in their regulatory standings and trust ratings. FOREX.com, founded in 1999, holds an impressive seven Tier-1 licenses and one Tier-2 license. This extensive regulatory footprint contributes to its perfect Trust Score of 99 according to ForexBrokers.com, reflecting a high level of trust. As a publicly traded company, FOREX.com benefits from the transparency and scrutiny that comes with being listed on a stock exchange, although it is not a bank.
On the other hand, BDSwiss, established in 2012, holds just one Tier-1 license and does not possess any Tier-2 licenses. This lower regulatory presence results in a Trust Score of 73, indicating an average risk level. Unlike FOREX.com, BDSwiss is not publicly traded and also operates without the additional oversight of being a bank. These differences are key considerations for individuals comparing the two brokers for their online trading needs.
| Feature |
FOREX.com
|
BDSwiss
|
|---|---|---|
| Year Founded | 1999 | 2012 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing the online brokers FOREX.com and BDSwiss for commissions and fees, both have distinct offerings for traders but vary in cost-effectiveness. FOREX.com is a top choice for market maker brokers, offering multiple execution methods and transparent statistics. However, its Standard account, available for MetaTrader users, may not appeal to budget-conscious traders, as the average spread on EUR/USD is 1.4 pips in the U.S. For those trading outside of the U.S., the spreads averaged 0.74 pips in July 2023. FOREX.com's Raw account offers more competitive commission-based pricing with spreads around 0.13 pips, although traders should factor in a base commission and volume-based rebates for active trading tiers.
BDSwiss, on the other hand, offers attractive order execution, though its spreads are generally higher than industry leaders. The Classic account has a spread of 1.5 pips on EUR/USD, considered expensive for most traders. The Raw account, however, offers a slight advantage with a spread of 0.3 pips plus a $5 commission per side, culminating in an effective spread of 1.3 pips. For more committed traders, the VIP account offers a slightly lower spread of 1.2 pips. When considering fees alone, BDSwiss provides an economical option for traders who engage often and are inclined towards its structured accounts.
In terms of ratings, FOREX.com earns a slightly higher score with 4.5 stars for commissions and fees, placing it at #13 out of 62 brokers according to ForexBrokers.com. BDSwiss trails slightly with a 4-star rating and ranks #30. While FOREX.com stands out for its advanced trading suite and competitive Raw account, BDSwiss appeals to traders looking for consistency and slightly lower spreads on specific accounts.
| Feature |
FOREX.com
|
BDSwiss
|
|---|---|---|
| Minimum Deposit | $100 | $10-$5000 |
| Average Spread EUR/USD - Standard | 1.4 | 1.6 |
| All-in Cost EUR/USD - Active | 0.9 | 1.3 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing FOREX.com and BDSwiss in terms of investment offerings, both platforms provide forex trading options either as a CFD or a spot contract. FOREX.com boasts a significantly larger array of tradeable symbols, offering investors access to 5,500 symbols compared to BDSwiss’s 1,081. In the realm of currency pairs, FOREX.com again leads with 91 available forex pairs, while BDSwiss offers 53. Neither platform supports the direct purchase of exchange-traded securities on U.S. or international markets, nor do they provide options for buying actual cryptocurrencies. However, both brokers do allow trading in cryptocurrency derivatives. It's worth noting that BDSwiss includes a copy trading feature, a tool not available with FOREX.com.
In terms of ratings, FOREX.com earns a full five stars for its range of investments, signaling a more extensive offering in comparison to the four-star rating awarded to BDSwiss. This distinction is further reflected in their rankings by ForexBrokers.com, where FOREX.com holds a prestigious 7th place out of 62 brokers, while BDSwiss is ranked 34th. Overall, FOREX.com is positioned as a more versatile platform for traders seeking a broad selection of investment opportunities, whereas BDSwiss may appeal to those interested in combining forex trading with copy trading pursuits.
| Feature |
FOREX.com
|
BDSwiss
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 1081 |
| Forex Pairs (Total) | 91 | 53 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | No | 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 the trading platforms and tools of FOREX.com to BDSwiss, both brokers offer user-friendly experiences for traders who are looking to hone their skills. Both brokers provide the option of simulated (paper) trading with free virtual demo accounts, allowing users to test their strategies before diving into live trading. They each boast proprietary platforms developed in-house and support popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Additionally, both brokers offer Windows-based desktop and web-based platforms for seamless trading experiences. Where the two diverge is in the realm of copy trading, with BDSwiss providing this feature while FOREX.com does not. However, neither broker supports social trading platforms like DupliTrade or ZuluTrade.
In terms of charting capabilities and customizability, FOREX.com appears to have the upper hand. It offers a notable 239 drawing tools for charting, compared to BDSwiss's 15, and boasts a comprehensive watchlist with 20 customizable columns while BDSwiss offers 7. Both brokers, however, do provide the ability to trade directly from stock charts. This attention to features has led to FOREX.com receiving a 5-star rating in Trading Platforms and Tools, ranking 7th out of 62 brokers by ForexBrokers.com. On the other hand, BDSwiss is rated 4 stars and is placed 24th in the same category, showing that while it offers a solid platform, FOREX.com might be the more advanced choice for traders seeking more in-depth tools and customization.
| Feature |
FOREX.com
|
BDSwiss
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 88 | 30 |
| Charting - Drawing Tools (Total) | 239 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 20 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of FOREX.com and BDSwiss, both brokers provide strong support for iPhone and Android devices, allowing traders to stay connected on the go. Both apps offer essential features such as stock and forex price alerts, the ability to draw trendlines on charts, and viewing options across multiple time frames. However, FOREX.com stands out with its seamless watchlist symbol syncing, ensuring that any changes made synchronize smoothly between the mobile app and the client's online account. BDSwiss, on the other hand, lacks this convenient feature, which might be a consideration for traders seeking integrated account management.
In terms of technical capabilities, FOREX.com offers a more comprehensive experience with 88 technical studies available for charting, compared to BDSwiss's 30 studies. Both apps provide features like auto-saving drawings on charts and the creation of watchlists with real-time quotes. However, when it comes to ratings and rankings, FOREX.com excels with a 5-star rating and holds the third position out of 62 brokers on ForexBrokers.com for mobile trading apps, while BDSwiss ranks 24th with a 4-star rating. This sets FOREX.com apart as a more highly acclaimed choice, reflecting broader approval from the trading community.
| Feature |
FOREX.com
|
BDSwiss
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 88 | 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 comparing the market research offerings of FOREX.com and BDSwiss, both platforms provide solid daily market commentary to keep traders informed. Notably, FOREX.com offers forex news from esteemed sources like Bloomberg and Reuters, giving it a competitive edge over BDSwiss, which does not feature content from these top-tier providers. Both brokers provide technical analysis tools from Trading Central, but BDSwiss further extends its toolkit with options from Autochartist. In contrast, FOREX.com offers a sentiment-based trading tool to better gauge market movements, which BDSwiss lacks. Both platforms provide economic calendars to track global economic events, ensuring traders stay updated on significant market changes.
In terms of recognition, FOREX.com scores higher in research capabilities, earning a 4.5-star rating compared to BDSwiss's 4-star rating. Among the 62 brokers evaluated by ForexBrokers.com, FOREX.com secures the 9th spot in the research category, showcasing its strength in delivering quality insights and analytical resources. Meanwhile, BDSwiss ranks 24th, indicating a respectable yet less standout performance in comparison. Both platforms forego working with firms like TipRanks and Acuity Trading for additional market research tools, keeping their focus on their established feature sets.
| Feature |
FOREX.com
|
BDSwiss
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | 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.
When it comes to educational resources for forex and CFDs trading, both FOREX.com and BDSwiss stand out by offering a plethora of materials. They each provide at least ten educational pieces that include articles, videos, and archived webinars specifically focused on forex and CFDs. Additionally, both platforms host monthly online educational webinars, and they maintain searchable archives of these recordings for user convenience. Beginners will find a generous selection of over ten introductory videos aimed at familiarizing them with trading concepts, while more seasoned traders can benefit from the advanced educational content each broker offers.
Beyond these resources, both FOREX.com and BDSwiss present a comprehensive investor dictionary that covers over fifty essential investing terms. While FOREX.com holds an edge with a 4.5-star rating in Education and is ranked #4 by ForexBrokers.com among 62 brokers, BDSwiss also provides quality educational support and garners a respectable 4-star rating, ranking #19. This comparative analysis underscores the strengths FOREX.com has in providing outstanding educational value for beginner traders, while BDSwiss remains a solid contender in the field.
| Feature |
FOREX.com
|
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 62 of the best forex brokers, our research and account testing finds that FOREX.com is better than BDSwiss. FOREX.com finished with an overall rank of #5, while BDSwiss finished with an overall rank of #36.
FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader.
| Feature |
FOREX.com
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BDSwiss
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 73 |
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Both FOREX.com and BDSwiss provide the option to trade cryptocurrency derivatives, though neither platform offers the ability to purchase actual, delivered cryptocurrency.
FOREX.com and BDSwiss both support ACH or SEPA transfers, Visa or Mastercard, and bank wires for deposits and withdrawals, but differ in their offerings where FOREX.com supports PayPal and BDSwiss supports Skrill, providing varied options for online broker account funding.
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 | FOREX.com | BDSwiss | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | BDSwiss Review |
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| Regulation | FOREX.com | BDSwiss | |
|---|---|---|---|
| Trust Score | 99 | 73 | |
| Year Founded | 1999 | 2012 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | FOREX.com | BDSwiss | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FOREX.com | BDSwiss | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FOREX.com | BDSwiss | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 1081 | |
| Forex Pairs (Total) | 91 | 53 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | No | 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 | FOREX.com | BDSwiss | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.4 | 1.6 | |
| All-in Cost EUR/USD - Active | 0.9 | 1.3 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | No |
| Funding | FOREX.com | BDSwiss | |
|---|---|---|---|
| Minimum Deposit | $100 | $10-$5000 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | FOREX.com | BDSwiss | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FOREX.com | BDSwiss | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 20 | 7 | |
| Charting - Indicators / Studies (Total) | 88 | 30 | |
| Charting - Drawing Tools (Total) | 239 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FOREX.com | 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 | 88 | 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 | FOREX.com | BDSwiss | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FOREX.com | 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 | FOREX.com | 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 | FOREX.com Review | BDSwiss Review |
| Overall | FOREX.com | BDSwiss | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | BDSwiss Review |
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