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, both present distinct options regarding commissions and fees, each with its own benefits and drawbacks. FOREX.com, which is rated 4.5 stars and ranked 13th out of 63 brokers for commissions and fees, offers various account types and execution methods. While FOREX.com is slightly more expensive than the industry average, its spreads for the RAW account are competitive, featuring an average spread of 0.13 pips for the EUR/USD, albeit with a commission per trade. Their Standard account, however, isn't as cost-effective, particularly for MetaTrader clients, with average spreads of 1.4 pips in the U.S., making it suitable for traders who prioritize market-maker execution.
BDSwiss, with a rating of 4 stars and a ranking of 30th out of 63 brokers, also emphasizes competitive order execution statistics. Their Classic account has spreads of 1.5 pips on EUR/USD, deemed higher than some market leaders. For more cost-effective trading, BDSwiss offers a Raw account with effective spreads of 1.3 pips, which includes a $5 commission per side. Additionally, their VIP account offers slightly better spreads at 1.2 pips. Both brokers cater to various trading styles, but users must consider their trading volume and platform preferences.
In summary, while FOREX.com may appeal to high-volume and active traders with its RAW account's low spreads and volume-based rebates, BDSwiss provides a straightforward approach with their tiered account options. Both platforms have their unique advantages, and choosing between them will largely depend on individual trading needs and how much one values execution methods versus cost.
| 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.
Both FOREX.com and BDSwiss offer users the ability to engage in forex trading via CFD or spot contracts, catering to those interested in currency markets. However, when it comes to the sheer variety of tradeable symbols, FOREX.com stands out with an impressive offering of 5,500. In comparison, BDSwiss provides a selection of 1,081 symbols. For those particularly focused on forex pairs, FOREX.com offers 80 distinct pairs, surpassing BDSwiss, which has 53.
Neither platform allows the trading of exchange-traded securities on U.S. or international stock exchanges, meaning you can't purchase stocks like Apple or Vodafone directly through these brokers. As for cryptocurrency, both platforms offer cryptocurrency derivatives but not the actual coins. A noteworthy distinction is that BDSwiss includes a feature for copy trading, which is absent in FOREX.com’s offerings. With a 5-star rating for its range of investments, FOREX.com holds a higher rank at 7th position, while BDSwiss is rated at 4 stars, placing 34th among 63 brokers evaluated by ForexBrokers.com.
| Feature |
FOREX.com
|
BDSwiss
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 1081 |
| Forex Pairs (Total) | 80 | 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 evaluating online brokers based on their trading platforms and tools, both FOREX.com and BDSwiss offer user-friendly experiences with some distinct features. Both platforms provide simulated trading through free virtual demo accounts, allowing new traders to practice without financial risk. Each broker has developed their own proprietary platform and offers popular tools like MetaTrader 4 and MetaTrader 5, along with Windows-based desktop downloads and web-based platforms. However, BDSwiss also enables users to engage in copy trading, which is not available on FOREX.com.
In terms of charting tools, FOREX.com shines with 239 drawing tools and the ability to trade directly from charts, compared to BDSwiss's 15 drawing tools. Additionally, the customization of watch lists is more extensive with FOREX.com, offering 20 fields compared to BDSwiss's 7. These advantages contribute to FOREX.com's superior 5-star rating for trading platforms and tools, ranking it 7th out of 63 brokers according to ForexBrokers.com. Meanwhile, BDSwiss earns a respectable 4-star rating, but ranks lower at 24th. Overall, both platforms cater well to traders, but FOREX.com edges ahead with a broader toolset and higher ratings.
| 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.
Both FOREX.com and BDSwiss provide mobile trading apps for iPhone and Android users, ensuring easy access for traders on the go. They both offer stock and forex price alerts alongside the ability to create watchlists with real-time quotes. While both apps include essential features like the ability to draw trendlines and view multiple timeframes, FOREX.com stands out with its watchlist symbol syncing capability, which allows seamless updates across devices. Additionally, FOREX.com offers 88 technical studies in its charting options compared to the 30 provided by BDSwiss, granting more in-depth analysis tools to its users.
When it comes to user experience and satisfaction, FOREX.com earns a top rating of 5 stars, placing it third out of 63 brokers in the Mobile Trading Apps category according to ForexBrokers.com. In contrast, BDSwiss receives a commendable 4-star rating but ranks 24th, indicating room for improvement. The ease of use and comprehensive charting tools present in FOREX.com’s app make it an appealing choice for traders seeking a more detailed and synchronized trading experience.
| 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.
Both FOREX.com and BDSwiss provide daily market commentary to keep traders informed, but only FOREX.com integrates top-tier forex news sources like Bloomberg and Reuters into its offering. While BDSwiss enhances its research capabilities with tools like Autochartist, FOREX.com matches up by incorporating Trading Central's technical analytics and a unique sentiment-based trading tool that reveals the position ratios across different currency pairs. Both brokers also offer comprehensive economic calendars covering global news events, providing traders with essential insight into market movements.
In terms of overall research quality, FOREX.com achieves a higher rating of 4.5 stars, outpacing BDSwiss, which holds a solid 4-star rating. According to ForexBrokers.com, FOREX.com ranks #9 out of 63 brokers in the research category, emphasizing its strong position in providing valuable market insights. BDSwiss, while slightly lower at #24, still provides a competitive research platform. This makes FOREX.com a favored choice for traders looking for a richer, news-integrated research experience.
| 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 comparing the educational resources for beginners between online brokerages FOREX.com and BDSwiss, both platforms offer comprehensive support for new traders. Each provides a plethora of educational content, with more than ten pieces focused on forex and CFDs, including articles, videos, and archived webinars. They also engage users with monthly online webinars and maintain accessible archives of these sessions. Both FOREX.com and BDSwiss cater to novices and advanced traders with more than ten educational videos tailored to each skill level. Furthermore, their investor dictionaries help newcomers by defining over 50 investment terms, easing the learning process.
Despite the similarities in their educational offerings, a closer look reveals that FOREX.com slightly edges out BDSwiss. FOREX.com boasts a higher education rating of 4.5 stars out of 5, compared to BDSwiss's 4 stars. This higher rating reflects its educational quality and accessibility. Moreover, FOREX.com ranks #4 in the Education category among 63 brokers reviewed by ForexBrokers.com, while BDSwiss occupies the 19th spot. This distinction underscores FOREX.com’s slight advantage in providing educational resources that effectively guide beginners through their trading journey.
| 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 63 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
|
BDSwiss
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 99 | 73 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | FOREX.com | BDSwiss | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | BDSwiss Review |
| Broker Screenshots | FOREX.com | BDSwiss | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
|
| |
| Mobile Trading Gallery (click to expand) |
|
| |
| Research Gallery (click to expand) |
|
| |
| Education Gallery (click to expand) |
|
|
| 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) | 80 | 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 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | BDSwiss Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill