Written by ForexBrokers.com
In this head to head comparison of BDSwiss vs FXGT.com, 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.
BDSwiss, established in 2012, is an online broker that's not publicly traded or a bank. It holds a Tier-1 license, which ForexBrokers.com regards as highly trusted. However, it lacks Tier-2 licenses. This brokerage has a Trust Score of 73, categorizing it as average risk according to ForexBrokers.com. While BDSwiss isn't listed on any stock exchange, it maintains a commendable reputation by securing essential regulatory approvals.
FXGT.com, founded in 2019, mirrors BDSwiss in that it is also not publicly traded nor a bank. It possesses one Tier-1 and one Tier-2 license, collectively marking it as a trusted broker. However, it has a ForexBrokers.com Trust Score of 69, placing it in the high-risk category. This indicates a lower level of trust compared to BDSwiss. Despite these differences, FXGT.com has taken significant steps to adhere to licensing regulations, offering some level of assurance for traders.
| Feature |
BDSwiss
|
FXGT.com
|
|---|---|---|
| Year Founded | 2012 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
When evaluating BDSwiss and FXGT.com for commissions and fees, BDSwiss generally offers comprehensive order execution, albeit with spreads that are higher than some industry frontrunners. For instance, its Classic account features a spread of 1.5 pips for EUR/USD, which is considered costly. The Raw account offers a combination of 0.3 pips and a $5 commission per side that results in a total effective spread of 1.3 pips. Meanwhile, BDSwiss’s VIP account offers a slightly better deal with a spread of 1.2 pips. These offerings have earned BDSwiss a rating of 4 stars out of 5 for commissions and fees.
In contrast, FXGT.com does not disclose its average spread data, making it less transparent in terms of understanding the costs involved in trading. This lack of available spread information affects its ranking, with ForexBrokers.com placing FXGT.com at number 56 out of 63 brokers for the Commissions and Fees category. FXGT.com receives a slightly lower star rating of 3.5 out of 5 compared to BDSwiss.
Overall, if transparency and detailed fee structure are crucial for you, BDSwiss seems to be the more reliable choice. It ranks 30th out of 63 brokers according to ForexBrokers.com, primarily due to its clear commission structure and the competitive options available across its different account types.
| Feature |
BDSwiss
|
FXGT.com
|
|---|---|---|
| Minimum Deposit | $10-$5000 | $5 |
| Average Spread EUR/USD - Standard | 1.6 | N/A |
| All-in Cost EUR/USD - Active | 1.3 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing BDSwiss and FXGT.com for the range of investments available, both brokers offer forex trading as CFDs or spot contracts with a similar selection of 53 forex pairs. However, BDSwiss takes the lead with a significantly larger total of 1081 tradeable symbols compared to FXGT.com's 117. Neither broker provides the option to trade exchange-traded securities from U.S. or international markets, meaning you cannot directly invest in shares like Apple or Vodafone through these platforms. Both BDSwiss and FXGT.com do, however, offer copy trading as well as opportunities to trade cryptocurrency derivatives, though neither supports buying actual cryptocurrencies.
Despite similar offerings in certain areas, BDSwiss is recognized for its broader range of investments, earning a 4-star rating and ranking 34th out of 63 brokers by ForexBrokers.com. In contrast, FXGT.com holds a 3-star rating and ranks 61st in the same category. These differences highlight BDSwiss as the more comprehensive choice for investors looking for a wider array of symbols to trade.
| Feature |
BDSwiss
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1081 | 117 |
| Forex Pairs (Total) | 53 | 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.
BDSwiss and FXGT.com both offer users a suite of trading platforms and tools that cater to various trader needs, including beginners and experienced traders. Both brokers provide free virtual demo accounts, allowing users to practice trading without financial risk. While BDSwiss boasts a proprietary platform developed in-house, FXGT.com relies on external trading platforms. With both brokers offering MetaTrader 4 (MT4) and MetaTrader 5 (MT5), traders have access to well-known platforms for detailed market analysis and trading execution. Additionally, each broker includes a web-based platform, a Windows desktop platform, and copy trading services. However, neither BDSwiss nor FXGT.com presently supports DupliTrade or ZuluTrade integrations.
When it comes to charting tools, BDSwiss provides 15 drawing tools, whereas FXGT.com offers a more extensive selection with 23 drawing tools. Both platforms enable traders to place trades directly from stock charts, enhancing efficiency. For organizing market data, BDSwiss offers more versatility with 7 columns in its watch lists compared to FXGT.com's 5 columns. Ranked #24 and #56 by ForexBrokers.com for their trading platforms and tools, BDSwiss and FXGT.com both receive a 4-star rating, indicating dependable service and features, though BDSwiss holds a higher relative ranking among 63 evaluated brokers.
| Feature |
BDSwiss
|
FXGT.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| 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 | 37 |
| Charting - Drawing Tools (Total) | 15 | 23 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 5 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both BDSwiss and FXGT.com offer user-friendly mobile trading apps available for both iPhone and Android devices, catering to traders who prefer to trade stocks and forex on the go. Each app includes essential features like price alerts, allowing you to stay updated with market movements. While both platforms support the ability to draw trend lines and view charts across various time frames, only FXGT.com offers watchlist symbol syncing between its mobile app and online account, ensuring seamless transitions and updates when switching devices. Despite both apps offering up to 30 technical studies for charting, the BDSwiss app slightly leads with a higher user rating of four stars compared to FXGT.com's 3.5 stars.
When it comes to creating watchlists with real-time quotes, both apps perform admirably, allowing you to customize your trading approach. Auto-saving chart drawings is another shared feature, ensuring your analyses are safely stored. However, in the rankings by ForexBrokers.com, BDSwiss stands out with a #24 position among 63 brokers in the Mobile Trading Apps category, whereas FXGT.com is positioned at #58. These insights can help you decide which app better suits your trading style and needs, ensuring a smooth and efficient trading experience.
| Feature |
BDSwiss
|
FXGT.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 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 BDSwiss to FXGT.com in terms of market research, BDSwiss stands out with its daily market commentary and multiple technical analysis tools. It offers resources from Autochartist and Trading Central, which help traders make informed decisions by analyzing market trends. While BDSwiss does not provide forex news from top-tier sources, it compensates with an economic calendar that tracks important global news events. Rated 4 stars for research, BDSwiss holds a solid position, ranked #24 out of 63 brokers by ForexBrokers.com.
On the other hand, FXGT.com offers a sentiment-based trading tool that highlights the ratio of long or short positions across various instruments, which can be beneficial for traders interested in directional signals. Although it lacks daily market commentary and tools from Autochartist and Trading Central, it does include an economic calendar similar to BDSwiss. With a 3-star rating for research, FXGT.com ranks #56, indicating room for enhancement in this area to match or surpass competitors like BDSwiss.
| Feature |
BDSwiss
|
FXGT.com
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | Yes |
| 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 beginners in the realm of trading, BDSwiss stands out significantly compared to FXGT.com. BDSwiss provides a comprehensive variety of educational materials, including over 10 rich and insightful resources such as articles, videos, and archived webinars primarily focused on forex and CFDs. Additionally, they host monthly webinars, maintaining an accessible archive that empowers clients to learn at their own pace. With a specific focus on delivering content aimed at both beginners and advanced traders, BDSwiss ensures at least 10 dedicated video tutorials for each group. This commitment to knowledge is further supported by an investor dictionary boasting over 50 investing terms, making it a helpful tool for traders of all expertise levels.
FXGT.com, on the other hand, falls short in the breadth of educational resources offered compared to BDSwiss. Although FXGT.com does include an investor dictionary similar to BDSwiss, the absence of a substantial collection of beginner-focused educational articles or videos is notable. FXGT.com does not provide monthly webinars or a searchable archive of recorded webinars, limiting the ability of users to revisit past educational sessions. Even though FXGT.com holds some educational assets, the difference in educational support is reflected in user ratings, with BDSwiss receiving 4 stars while FXGT.com holds a 3-star rating. Moreover, in a ranking by ForexBrokers.com among 63 brokers, BDSwiss appears at a respectable #19 for education, leaving FXGT.com trailing behind at #60.
| Feature |
BDSwiss
|
FXGT.com
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| 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 BDSwiss is better than FXGT.com. BDSwiss finished with an overall rank of #36, while FXGT.com finished with an overall rank of #59.
The BDSwiss brand caters to over 1.6 million registered forex and CFD traders, and offers the full MetaTrader platform suite alongside its own proprietary mobile app. BDSwiss demonstrates good order execution statistics and provides access to over 1,000 tradable symbols – though its spreads are higher than industry leaders.
| Feature |
BDSwiss
|
FXGT.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 73 | 69 |
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Both BDSwiss and FXGT.com do not provide the option to purchase actual cryptocurrencies, but they offer the ability to trade cryptocurrency derivatives.
Both BDSwiss and FXGT.com support ACH and SEPA transfers, Visa or Mastercard, and bank wire options for depositing or withdrawing account funds, whereas BDSwiss additionally supports Skrill, while neither offers PayPal as a payment method.
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 | BDSwiss | FXGT.com | |
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| Trust Score | 73 | 69 | |
| Winner | check_circle | ||
| Review | BDSwiss Review |
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| Regulation | BDSwiss | FXGT.com | |
|---|---|---|---|
| Trust Score | 73 | 69 | |
| Year Founded | 2012 | 2019 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | BDSwiss | FXGT.com | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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 | No | |
| 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) | BDSwiss | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | BDSwiss | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1081 | 117 | |
| Forex Pairs (Total) | 53 | 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 | BDSwiss | FXGT.com | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.6 | N/A | |
| All-in Cost EUR/USD - Active | 1.3 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | No | Yes |
| Funding | BDSwiss | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | $10-$5000 | $5 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | BDSwiss | FXGT.com | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| 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 | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | BDSwiss | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 5 | |
| Charting - Indicators / Studies (Total) | 30 | 37 | |
| Charting - Drawing Tools (Total) | 15 | 23 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BDSwiss | FXGT.com | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 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 | BDSwiss | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | BDSwiss | FXGT.com | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | BDSwiss | FXGT.com | |
|---|---|---|---|
| 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 | BDSwiss Review |
| Overall | BDSwiss | FXGT.com | |
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| Trust Score | 73 | 69 | |
| Winner | check_circle | ||
| Review | BDSwiss Review |
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