Is BDSwiss better than OANDA? In our analysis of 23 international regulators across 39 brokers, BDSwiss is considered average-risk, with an overall Trust Score of 83 out of 99. OANDA is considered low-risk, with an overall Trust Score of 92 out of 99. Learn more about Trust Score.
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OANDA vs BDSwiss 2021
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Overall Rating
| Feature | OANDA | BDSwiss |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading Apps | ||
| Research | ||
| Education | ||
| Trust Score | 92 | 83 |
| OANDA Review | BDSwiss Review | |
| 76.6% of retail CFD accounts lose money | ||
| Winner | check_circle |
Regulation
| Feature | OANDA | BDSwiss |
| Trust Score | 92 | 83 |
|
Year Founded |
1996 | 2012 |
|
Publicly Traded (Listed) |
No | No |
|
Bank |
No | No |
|
Tier-1 Licenses |
6 | 2 |
|
Tier-2 Licenses |
0 | 1 |
|
Tier-3 Licenses |
1 | 1 |
|
Authorised in the European Union |
Yes | Yes |
Tier-1 Licenses (High Trust)
| Feature | OANDA | BDSwiss |
|
ASIC Authorised (Australia) |
Yes | No |
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IIROC Authorised (Canada) |
Yes | No |
|
SFC Authorised (Hong Kong) |
No | No |
|
CBI Authorised (Ireland) |
No | No |
|
FSA Authorised (Japan) |
Yes | No |
|
MAS Authorised (Singapore) |
Yes | No |
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FINMA Authorised (Switzerland) |
No | No |
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FCA Authorised (UK) |
Yes | No |
|
CFTC Registered (USA) |
Yes | No |
|
FMA Authorised (New Zealand) |
No | No |
Tier-2 Licenses (Average Trust)
| Feature | OANDA | BDSwiss |
|
CBRC Authorised (China) |
No | No |
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CySEC Authorised (Cyprus) |
No | Yes |
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SEBI Authorised (India) |
No | No |
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ISA Authorised (Israel) |
No | No |
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CBR Authorised (Russia) |
No | No |
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FSCA Authorised (South Africa) |
No | No |
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SEC Authorised (Thailand) |
No | No |
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DFSA / Central Bank Authorised (UAE) |
No | No |
Tier-3 Licenses (Low Trust)
| Feature | OANDA | BDSwiss |
| SCB Authorised (Bahamas) | No | No |
| IFSC Authorised (Belize) | No | No |
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Cayman Islands Monetary Authority (CIMA) |
No | No |
| BMA Authorised (Bermuda) | No | No |
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FSC Authorised (British Virgin Islands) |
Yes | No |
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FSC Authorised (Mauritius) |
No | Yes |
|
VFSC Authorised (Vanuatu) |
No | No |
Investments
| Feature | OANDA | BDSwiss |
|
Forex Trading |
Yes | Yes |
|
CFD Trading |
Yes | Yes |
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Tradeable Symbols (Total) |
124 | 1081 |
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Forex Pairs (Total) |
71 | 51 |
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US 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 (CFD) |
Yes | Yes |
| Crypto Disclaimer (UK) | 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
| Feature | OANDA | BDSwiss |
|
Average Spread EUR/USD - Standard |
1.4 (August 2021) | 1.5 (Jul 2021) |
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All-in Cost EUR/USD - Active |
1.4 (August 2021) | 1.1 (Jul 2021) |
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Active Trader or VIP Discounts |
Yes | Yes |
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Execution: Agency Broker |
No | Yes |
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Execution: Market Maker |
Yes | No |
Funding
| Feature | OANDA | BDSwiss |
|
Minimum Deposit |
$0.00 | $100-$5000 (depending on account type) |
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Bank Wire (Deposit/Withdraw) |
Yes | Yes |
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Visa/Mastercard (Credit/Debit) |
Yes | Yes |
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PayPal (Deposit/Withdraw) |
Yes | No |
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Skrill (Deposit/Withdraw) |
Yes | Yes |
Trading Platforms
| Feature | OANDA | BDSwiss |
|
Proprietary Platform |
Yes | Yes |
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Desktop Platform (Windows) |
Yes | Yes |
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Web Platform |
Yes | Yes |
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Social Trading / Copy-Trading |
Yes | Yes |
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MetaTrader 4 (MT4) |
Yes | Yes |
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MetaTrader 5 (MT5) |
Yes | Yes |
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cTrader |
No | No |
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DupliTrade |
No | No |
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ZuluTrade |
Yes | No |
Trading Tools
| Feature | OANDA | BDSwiss |
|
Virtual Trading (Demo) |
Yes | Yes |
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Alerts - Basic Fields |
Yes | Yes |
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Watchlists - Total Fields |
6 | 7 |
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Charting - Indicators / Studies (Total) |
81 | 30 |
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Charting - Drawing Tools (Total) |
431 | 15 |
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Charting - Trade From Chart |
Yes | Yes |
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Charting - Drawings Autosave |
Yes | Yes |
Mobile Trading
| Feature | OANDA | BDSwiss |
|
Android App |
Yes | Yes |
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Apple iOS App |
Yes | Yes |
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Alerts - Basic Fields |
Yes | Yes |
|
Watch List |
Yes | Yes |
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Watch List Syncing |
No | No |
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Charting - Indicators / Studies |
33 | 30 |
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Charting - Draw Trendlines |
Yes | Yes |
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Charting - Trendlines Moveable |
Yes | No |
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Charting - Multiple Time Frames |
Yes | Yes |
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Charting - Drawings Autosave |
Yes | No |
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Forex Calendar |
Yes | No |
Research
| Feature | OANDA | BDSwiss |
|
Daily Market Commentary |
Yes | Yes |
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Forex News (Top-Tier Sources) |
Yes | No |
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Autochartist |
Yes | Yes |
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Trading Central (Recognia) |
No | No |
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Delkos Research |
No | No |
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Social Sentiment - Currency Pairs |
Yes | No |
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Economic Calendar |
Yes | Yes |
Education
| Feature | OANDA | BDSwiss |
|
Has Education - Forex or CFDs |
Yes | Yes |
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Client Webinars |
Yes | Yes |
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Client Webinars (Archived) |
Yes | Yes |
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Videos - Beginner Trading Videos |
Yes | Yes |
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Videos - Advanced Trading Videos |
Yes | No |
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Investor Dictionary (Glossary) |
Yes | Yes |
Major Forex Pairs
| Feature | OANDA | BDSwiss |
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GBP/USD |
Yes | Yes |
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USD/JPY |
Yes | Yes |
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EUR/USD |
Yes | Yes |
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USD/CHF |
Yes | Yes |
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USD/CAD |
Yes | Yes |
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NZD/USD |
Yes | Yes |
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AUD/USD |
Yes | Yes |
Overall
| Feature | OANDA | BDSwiss |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading Apps | ||
| Research | ||
| Education | ||
| Trust Score | 92 | 83 |
| OANDA Review | BDSwiss Review |
Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare BDSwiss vs OANDA.
Does BDSwiss or OANDA offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, BDSwiss offers better pricing overall for traders.
Is BDSwiss or OANDA safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. OANDA holds 6 global Tier-1 licenses, while BDSwiss holds 2. BDSwiss holds 1 global Tier-2 licenses, while OANDA holds 0. In our analysis of 23 international regulators across 50 brokers, OANDA earned a higher Trust Score than BDSwiss.
Which trading platform is better: BDSwiss or OANDA?
To compare the trading platforms of both BDSwiss and OANDA, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, OANDA offers a better experience. With research, OANDA offers superior market research. Finally, we found OANDA to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. BDSwiss and OANDA both offer copy trading. Both BDSwiss and OANDA offer MetaTrader 4 (MT4).
How many forex pairs and CFDs are available to trade?
OANDA provides traders 71 currency pairs (e.g., EUR/USD) compared to BDSwiss's 51 available pairs. Forex pairs aside, BDSwiss offers traders access to 1081 CFDs while OANDA has 124 available CFDs, a difference of 957.
Can I trust BDSwiss?
BDSwiss is not publicly traded and does not operate a bank. BDSwiss is authorized by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and one tier-3 regulator (low trust). BDSwiss is authorised by the following tier-1 regulator: the Financial Conduct Authority (FCA).
Can I trust OANDA?
OANDA is not publicly traded and does not operate a bank. OANDA is authorised by six tier-1 regulators (high trust), zero tier-2 regulators (average trust), and zero tier-3 regulators (low trust). OANDA is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC), Investment Industry Regulatory Organization of Canada (IIROC), Japanese Financial Services Authority (JFSA), Monetary Authority of Singapore (MAS), Financial Conduct Authority (FCA), and the Commodity Futures Trading Commission (CFTC).
Is BDSwiss good?
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.
Is OANDA good?
A trusted global brand, OANDA stands out for its reputation and quality market research. Its regulatory track record is strong, and its support for third-party features bolsters its overall offering.
Overall winner: OANDA
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Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 01/10/2022 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the "Contact" link at the bottom of this page.
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OANDA - CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
