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 account | 1.2 | 1.6 |
| All-in Cost EUR/USD - Active | 0.7 | 1.3 |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FP Markets vs BDSwiss: FP Markets offers a wider selection with about 10,000 tradeable symbols and 71 forex pairs, compared with BDSwiss’s 1,081 symbols and 53 forex pairs. Both brokers support forex trading as CFDs or spot, offer copy trading, and provide access to cryptocurrency CFDs—but neither lets you buy actual crypto.
Neither broker supports direct stock purchases on U.S. or international exchanges (so you can’t buy shares like Apple or Vodafone outright). For Range of Investments, ForexBrokers.com rates FP Markets at 4.5 stars and ranks it 19th out of 63 brokers, while BDSwiss earns 4 stars and ranks 35th.
| Feature |
FP Markets
|
BDSwiss
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 1081 |
| Forex Pairs (Total) | 71 | 53 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
FP Markets and BDSwiss line up closely for trading platforms and tools. Both offer free demo (paper) accounts, in-house proprietary platforms, Windows desktop software, and web-based platforms. You’ll also find copy trading alongside MetaTrader 4 (MT4) and MetaTrader 5 (MT5), plus the ability to place trades directly from charts—useful for quick execution. These options make either broker suitable for beginners testing strategies and experienced traders who want platform choice.
For Trading Platforms and Tools, both brokers earn 4 out of 5 stars from ForexBrokers.com, with FP Markets ranked #23 of 63 brokers and BDSwiss close behind at #24. Exact counts for chart indicators and watchlist fields weren’t specified and can vary by platform. If you’re deciding between the two, compare the feel of each proprietary and web platform, the MetaTrader experience you prefer, and the copy trading features that fit your workflow.
| Feature |
FP Markets
|
BDSwiss
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FP Markets and BDSwiss both deliver full-featured mobile trading apps for iPhone and Android. Each app supports price alerts, lets you draw trendlines on charts, and auto-saves your chart annotations. One notable limitation is that neither broker offers watchlist symbol syncing between the mobile app and the online account, so changes made on one device won’t carry over to the other.
For charting, FP Markets uses MetaTrader’s default set of technical studies, while BDSwiss includes 30 technical indicators in its mobile app. Both apps earn 4 out of 5 stars for mobile trading. In ForexBrokers.com’s Mobile Trading Apps category, FP Markets ranks #18 out of 63 brokers, ahead of BDSwiss at #24. If you value MetaTrader’s toolset, FP Markets may appeal; if you want a defined list of 30 indicators in-app, BDSwiss could fit your needs.
| Feature |
FP Markets
|
BDSwiss
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | 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 (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | Yes |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
FP Markets and BDSwiss both deliver beginner-friendly education for forex and CFD trading. Each broker offers far more than the minimum 10 learning pieces, including sizable video libraries with at least 10 beginner videos and 10 advanced videos, plus client webinars held at least once per month. If you’re new to trading, you’ll find clear, step-by-step videos and regular live sessions that make it easier to learn the basics and progress into more advanced topics.
Both brokers earned 4 out of 5 stars for Education from ForexBrokers.com. BDSwiss holds a slight edge in the category ranking (#22 of 63) compared with FP Markets (#23 of 63). For beginners, that means the educational experience is strong at either broker; choose BDSwiss if that small ranking advantage matters to you, or view them as effectively on par for training and learning support.
| Feature |
FP Markets
|
BDSwiss
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | 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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In the FP Markets vs BDSwiss comparison, neither broker offers the ability to buy actual delivered cryptocurrency, but both allow trading cryptocurrency CFDs.
In our FP Markets vs BDSwiss deposits and withdrawals comparison, BDSwiss supports ACH/SEPA while FP Markets does not; FP Markets supports PayPal, Skrill, and bank wires, and details for BDSwiss on PayPal, Skrill, bank wires, as well as Visa/Mastercard for either broker, were not provided.
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, FSRA, or SCA Authorised) | No | Yes | |
| 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. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 account | 1.2 | 1.6 | |
| All-in Cost EUR/USD - Active | 0.7 | 1.3 | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | No |
| Funding | FP Markets | BDSwiss | |
|---|---|---|---|
| Minimum Deposit | $100 AUD | $10-$5000 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | Yes |
| Trading Platforms | FP Markets | BDSwiss | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No |
| Trading Tools | FP Markets | BDSwiss | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| 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 Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FP Markets | BDSwiss | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | Yes | |
| Trading Central | Yes | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FP Markets | BDSwiss | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | FP Markets | BDSwiss | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| 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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