Written by ForexBrokers.com
In this head to head comparison of FP Markets 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.
FP Markets, established in 2005, and BDSwiss, founded in 2012, are both online brokers that offer a range of trading services. However, they differ significantly in regulatory standing and trust scores. FP Markets is not a publicly traded company nor a bank, and it possesses two Tier-1 licenses, reflecting a high degree of trust in the industry. Additionally, FP Markets holds one Tier-2 license. This compliance reflects positively in its ForexBrokers.com Trust Score of 89, indicating it is a trusted broker.
On the other hand, BDSwiss also is not publicly traded or a bank, but it only holds one Tier-1 license and lacks any Tier-2 licenses, influencing its ForexBrokers.com Trust Score of 73. This score suggests a moderate level of risk for potential investors. When comparing the two, FP Markets appears to offer a more trusted and reliable trading environment based on their regulatory credentials and trust scores.
| Feature |
FP Markets
|
BDSwiss
|
|---|---|---|
| Year Founded | 2005 | 2012 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
Comparing commissions and fees, FP Markets is the cheaper choice for most traders. It earns 5 out of 5 stars and ranks #6 of 63 brokers for the Commissions and Fees category (Best in Class, 2024), while BDSwiss holds 4 out of 5 stars and ranks #31 of 63. If minimizing all-in trading costs is your priority, FP Markets typically comes out ahead.
FP Markets keeps costs low on MetaTrader and cTrader, especially with its Raw ECN account: average spreads around 0.1 pips on EUR/USD (as of October 2023) and a $6 round‑turn commission per standard lot, bringing the all‑in cost to about 0.8 pips. The Standard account is spread-only and pricier (about 1.1 pips on EUR/USD). Its Iress ViewPoint provides DMA pricing and full depth of book but suits higher-balance, active traders due to platform/data fees unless you hold the Premier tier or generate at least AUD 150 in monthly commissions; the lower-cost Iress Investor version waives monthly fees but has limited streaming data and charting.
BDSwiss shows good execution but higher everyday spreads. The Classic account posts about 1.5 pips on EUR/USD, VIP about 1.2 pips, and the Raw account quotes 0.3 pips plus a $5 commission per side ($10 round‑turn), for an effective spread near 1.3 pips. In short, BDSwiss can work if you prefer its account lineup, but FP Markets generally offers lower all‑in pricing on forex.
| Feature |
FP Markets
|
BDSwiss
|
|---|---|---|
| Minimum Deposit | $100 AUD | $10-$5000 |
| Average Spread EUR/USD - Standard | 1.2 | 1.6 |
| All-in Cost EUR/USD - Active | 0.7 | 1.3 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | 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.
FP Markets vs BDSwiss: When it comes to the available range of investments, FP Markets offers far more choice with about 10,000 tradeable symbols, compared with 1,081 at BDSwiss. In forex, FP Markets lists 71 currency pairs while BDSwiss has 53, and both support forex trading (CFD or spot). Neither broker lets you buy real, exchange‑listed shares in the U.S. or overseas. Both provide copy trading. On ForexBrokers.com, FP Markets earns 4.5/5 stars for Range of Investments (ranked 19th of 63), while BDSwiss scores 4/5 (35th of 63).
If you want the broadest selection, FP Markets is the clear winner. For crypto, both brokers offer derivatives (like crypto CFDs) but do not allow buying actual coins. Consider which product list fits your strategy and check instrument availability for your account type and region.
| Feature |
FP Markets
|
BDSwiss
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 1081 |
| Forex Pairs (Total) | 71 | 53 |
| 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.
When comparing FP Markets and BDSwiss, both brokers present a range of trading platforms and tools suitable for traders of different experience levels. Each offers free virtual demo accounts, allowing users to practice trading without financial risk. Both FP Markets and BDSwiss have their own proprietary platforms alongside support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are popular choices for traders worldwide. You can access their services with both a Windows-based desktop platform and a user-friendly web-based option, ensuring flexibility across devices. They also offer copy trading to help users benefit from experienced traders' strategies.
Both FP Markets and BDSwiss are equipped with the ability to trade directly from stock charts, but FP Markets has a slight edge with 17 drawing tools compared to BDSwiss's 15, giving users more options for analysis. Their watch lists can display up to seven columns, offering a comprehensive view of market data. Although neither offers DupliTrade or ZuluTrade, these brokers maintain competitive standings with ForexBrokers.com rankings, with FP Markets at #23 and BDSwiss closely following at #24. They both receive a commendable four-star rating for their trading platforms and tools, making them both solid choices for traders seeking reliable online brokers.
| Feature |
FP Markets
|
BDSwiss
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| 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) | 17 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both FP Markets and BDSwiss offer mobile apps for iPhone and Android users, providing essential tools for trading on the go. They both feature stock and forex price alerts and allow users to draw trendlines on charts, choose different time frames, and access real-time quotes with their customizable watchlists. While FP Markets and BDSwiss save drawings automatically, neither offers watchlist symbol syncing between their mobile apps and online accounts, which could be a consideration for traders who need seamless device-to-platform integration.
FP Markets stands out by using MetaTrader for chart analysis, which many traders find comprehensive. Meanwhile, BDSwiss offers 30 technical studies in its mobile app, catering to those interested in diverse analytical tools. Both apps receive a fairly high rating of 4 stars for mobile trading. However, FP Markets is ranked slightly higher than BDSwiss, at #18 compared to #24, according to ForexBrokers.com’s evaluation of mobile trading apps among 63 brokers. These factors might help guide users in choosing the platform that best meets their needs.
| Feature |
FP Markets
|
BDSwiss
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 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 FP Markets and BDSwiss for market research capabilities, both brokers do provide daily market commentary, making it easy for traders to stay updated with market trends. However, FP Markets edges out with access to forex news from leading sources like Bloomberg and Reuters, a feature BDSwiss lacks. Both brokers offer robust technical analysis tools from Autochartist and Trading Central, catering to traders seeking in-depth insights. Yet, FP Markets offers an additional sentiment-based trading tool, providing unique market sentiment data, which is absent from BDSwiss's toolkit.
On the downside, neither FP Markets nor BDSwiss integrates research from TipRanks or Acuity Trading, leaving a gap in third-party analysis. They both do, however, excel in providing economic calendars that track key global events, benefitting traders focusing on fundamental analysis. Despite these offerings, both brokers share a similar research rating of four out of five stars. In terms of their respective ranks in the research category by ForexBrokers.com, BDSwiss narrowly beats FP Markets, coming in at 24th compared to FP Markets' 25th position among 63 brokers.
| Feature |
FP Markets
|
BDSwiss
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | 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.
New to forex or CFDs? Both FP Markets and BDSwiss deliver beginner-friendly education. Each broker offers a sizable library of trading content with at least 10 pieces focused on forex and CFDs, plus monthly live webinars and a searchable archive of past sessions so you can learn on your schedule. You’ll also find 10+ video lessons tailored to beginners, another 10+ videos for more advanced topics as you progress, and an investor dictionary with 50+ terms to help you grasp key concepts.
In independent evaluations, both brokers earn 4 stars for Education. Out of 63 brokers reviewed by ForexBrokers.com, BDSwiss ranks slightly higher at #22, with FP Markets close behind at #23. For beginners, the educational depth is closely matched; your choice may come down to which presentation style and course layout you prefer.
| Feature |
FP Markets
|
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 FP Markets is better than BDSwiss. FP Markets finished with an overall rank of #19, while BDSwiss finished with an overall rank of #36.
FP Markets shines as a low-cost broker for trading forex and CFDs – as long as you use the MetaTrader platform. The Iress platform suite offers well over 9,000 tradeable symbols, but it’s mostly a share trading platform – and is generally a much pricier option.
| Feature |
FP Markets
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BDSwiss
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|---|---|---|
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| Trust Score | 89 | 73 |
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Both FP Markets and BDSwiss do not offer the option to purchase actual delivered cryptocurrencies, instead, they provide the ability to trade cryptocurrency derivatives.
In comparing online brokers FP Markets and BDSwiss, FP Markets supports PayPal, Skrill, Visa, Mastercard, and bank wires for deposits and withdrawals but lacks ACH or SEPA transfer options, whereas BDSwiss provides ACH or SEPA transfers, alongside Skrill, Visa, Mastercard, and bank wires, but does not support 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 | FP Markets | BDSwiss | |
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| Trust Score | 89 | 73 | |
| Winner | check_circle | ||
| Review | FP Markets Review | BDSwiss Review |
| Broker Screenshots | FP Markets | BDSwiss | |
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| Regulation | FP Markets | BDSwiss | |
|---|---|---|---|
| Trust Score | 89 | 73 | |
| Year Founded | 2005 | 2012 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | FP Markets | 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) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | 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) | FP Markets | BDSwiss | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | FP Markets | BDSwiss | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 1081 | |
| Forex Pairs (Total) | 71 | 53 | |
| 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 | FP Markets | BDSwiss | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.2 | 1.6 | |
| All-in Cost EUR/USD - Active | 0.7 | 1.3 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | No |
| Funding | FP Markets | BDSwiss | |
|---|---|---|---|
| Minimum Deposit | $100 AUD | $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 | No | Yes |
| Trading Platforms | FP Markets | BDSwiss | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| 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 | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FP Markets | BDSwiss | |
|---|---|---|---|
| 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) | 17 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FP Markets | BDSwiss | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 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 | FP Markets | BDSwiss | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FP Markets | 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 | FP Markets | 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 | FP Markets Review | BDSwiss Review |
| Overall | FP Markets | BDSwiss | |
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| Trust Score | 89 | 73 | |
| Winner | check_circle | ||
| Review | FP Markets Review | BDSwiss Review |
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