Written by ForexBrokers.com
In this head to head comparison of BDSwiss vs RoboForex, 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.
Founded in 2012, BDSwiss and RoboForex, established in 2009, are prominent players in the online brokerage industry. Neither of these brokers is publicly traded nor operates as a bank, making them similar in these aspects. Both BDSwiss and RoboForex hold one Tier-1 license, which is considered highly trusted according to ForexBrokers.com's rating system. However, neither firm holds any Tier-2 licenses, which would further establish them as trusted entities.
In terms of trustworthiness, both BDSwiss and RoboForex have been assigned a Trust Score of 73 out of 99 by ForexBrokers.com. This rating places them both in the average risk category, where a score between 70 and 79 indicates that they are considered to be of moderate reliability. This assessment suggests that while both brokers have some level of credibility, prospective customers should conduct further research and consider their own risk tolerance before engaging with these platforms.
| Feature |
BDSwiss
|
RoboForex
|
|---|---|---|
| Year Founded | 2012 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
BDSwiss offers fair order execution, but its commission and fee structure reveals higher-than-average spreads. For its Classic account, the spread on EUR/USD is 1.5 pips, which may be considered costly compared to some industry leaders. The Raw account provides a more competitive rate with a 0.3 pip spread plus a $5 commission per side, leading to a total effective spread of 1.3 pips. Meanwhile, the VIP account offers a slightly reduced spread of 1.2 pips. BDSwiss is rated 4 stars for commissions and fees and ranks 30th out of 63 brokers on ForexBrokers.com.
On the other hand, RoboForex has average spreads of 1.3 pips for EUR/USD on both the Procent and Pro accounts, which are relatively high. While RoboForex may provide reasonable options for some traders, their commission and fee structure is generally considered less competitive. This broker is rated 3.5 stars for commissions and fees and is positioned 55th out of 63 brokers according to ForexBrokers.com.
In summary, BDSwiss tends to provide more favorable terms in terms of commissions and fees compared to RoboForex, thanks to its more competitive VIP and Raw accounts. This advantage reflects in its higher star rating and ranking in the industry. Both brokers cater to different trader needs, and evaluating these differences can help individuals decide based on their trading preferences and cost considerations.
| Feature |
BDSwiss
|
RoboForex
|
|---|---|---|
| Minimum Deposit | $10-$5000 | $100 |
| Average Spread EUR/USD - Standard | 1.6 | 1.3 |
| All-in Cost EUR/USD - Active | 1.3 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
BDSwiss and RoboForex both offer forex trading through contracts for difference (CFDs), providing traders with opportunities in the forex market. BDSwiss features 1081 tradeable symbols, a notable selection coupled with 53 forex pairs for those interested in currency trading. While BDSwiss does not provide access to U.S. or international exchange-traded securities, it does support cryptocurrency derivatives, allowing traders to engage without owning the actual digital currency. Investors seeking to mimic successful strategies can also take advantage of BDSwiss's copy trading feature.
Meanwhile, RoboForex impresses with a larger pool of 8400 tradeable symbols, although it offers fewer forex pairs, totaling 28. Like BDSwiss, RoboForex does not allow the purchase of U.S. or international stocks outright, but provides similar access to cryptocurrency derivatives and supports copy trading. The broker's more extensive range of investment options boosts its appeal, earning it a 4.5-star rating and a higher ranking at 20th out of 63 brokers in ForexBrokers.com's Range of Investments category, compared to BDSwiss's 34th position with a 4-star rating.
| Feature |
BDSwiss
|
RoboForex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1081 | 8400 |
| Forex Pairs (Total) | 53 | 28 |
| 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 the trading platforms and tools of BDSwiss and RoboForex, both brokers provide a comprehensive suite of features that cater to traders' needs. BDSwiss offers a proprietary platform developed in-house, with support for both Windows desktop and web-based platforms, making it versatile for various trading preferences. RoboForex, while lacking a proprietary platform, compensates by offering compatibility with popular platforms like MetaTrader 4 and MetaTrader 5, just like BDSwiss. Both brokers provide simulated trading with free virtual demo accounts, and traders can benefit from copy trading services across their platforms.
For charting capabilities, BDSwiss and RoboForex each offer 15 drawing tools, enabling traders to analyze market trends effectively. They also feature seven columns for watch lists, facilitating organized tracking of market movements. Additionally, both platforms enhance trading convenience by allowing trades directly from stock charts. Despite these similarities, BDSwiss is rated slightly higher in the ForexBrokers.com ranking for trading platforms and tools, landing at the 24th spot out of 63 brokers, while RoboForex is ranked 43rd. Both platforms earn a respectable rating of 4 out of 5 stars, indicating a solid performance in this category.
| Feature |
BDSwiss
|
RoboForex
|
|---|---|---|
| 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 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of BDSwiss and RoboForex, both offer reliable solutions for traders on the go, supporting iPhone and Android devices. You’ll get essential features like price alerts and the ability to draw trendlines on charts in both apps. They also provide the flexibility to view charts across multiple time frames, whether you need daily, weekly, or intraday views. Chart drawings are automatically saved in both applications, making it seamless to maintain your analysis.
BDSwiss and RoboForex apps each feature 30 technical studies for comprehensive charting. You can create watchlists with real-time quotes; however, neither app supports syncing those watchlists between mobile and desktop platforms. When it comes to user ratings, both apps have earned 4 stars, but BDSwiss ranks slightly higher for mobile trading on ForexBrokers.com, sitting at #24 out of 63 brokers compared to RoboForex’s #43 ranking. This distinction might serve as a deciding factor for those emphasizing app performance in choosing a broker.
| Feature |
BDSwiss
|
RoboForex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| 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 it comes to market research tools and services, both BDSwiss and RoboForex offer daily market commentary, helping traders keep up with the latest insights and analysis. BDSwiss supports traders with tools like those from Autochartist and Trading Central, adding a layer of technical and fundamental depth. While BDSwiss doesn't include high-profile news sources such as Bloomberg or Reuters, its range of tools contributes to its solid 4-star research rating. In contrast, RoboForex shines by including news from top-tier providers and has Acuity Trading tools, though it doesn't utilize Autochartist resources. With a research rating of 3.5 stars, RoboForex offers a balanced yet slightly more limited selection of analytical tools compared to BDSwiss.
Both platforms provide economic calendars, essential for tracking global market events. However, BDSwiss tends to edge out RoboForex when ranked for research offerings, standing at #24 out of 63 brokers on ForexBrokers.com, while RoboForex trails at #37. This suggests that while RoboForex has strengths in leveraging premium news sources, BDSwiss often provides a more comprehensive set of research tools that may better aid technical analysis needs. Ultimately, the choice will depend on what specific tools and resources a trader may find most beneficial to their trading style.
| Feature |
BDSwiss
|
RoboForex
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When considering educational resources for beginners, BDSwiss clearly stands out compared to RoboForex. BDSwiss provides a comprehensive suite of learning materials, offering over ten educational pieces focused on forex and CFDs. Additionally, they conduct monthly live webinars to guide clients through the intricacies of trading. Their extensive archive of recorded webinars allows users to revisit previous sessions easily. BDSwiss also excels in delivering a beginner-friendly experience with more than ten introductory videos on trading topics and a helpful investor dictionary with over fifty investing terms. On top of offering beginner resources, BDSwiss supports advanced traders with numerous in-depth educational videos.
On the other hand, while RoboForex is a notable platform, it falls short in several educational areas. It doesn't provide a comparable number of resources for beginners or advanced traders. The absence of monthly webinars and a searchable archive of recorded sessions means fewer chances for interactive or self-paced learning. RoboForex lacks both a comprehensive selection of beginner videos and an investor dictionary, which might limit the user experience for those new to trading. According to ForexBrokers.com, BDSwiss has a higher education rating of 4 stars, ranking 19th out of 63 brokers, whereas RoboForex has a 3.5-star rating, positioned at 56th. Overall, BDSwiss offers a more enriched educational experience for those eager to learn about forex and CFD trading.
| Feature |
BDSwiss
|
RoboForex
|
|---|---|---|
| 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 | No |
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 RoboForex. BDSwiss finished with an overall rank of #36, while RoboForex finished with an overall rank of #46.
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
|
RoboForex
|
|---|---|---|
| Overall Rating |
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| Trust Score | 73 | 73 |
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Both BDSwiss and RoboForex provide options for purchasing cryptocurrency derivatives, whereas neither platform supports the buying of actual delivered cryptocurrencies.
Both BDSwiss and RoboForex facilitate account fund deposits and withdrawals with ACH, SEPA transfers, Skrill, Visa, Mastercard, and bank wires, but only RoboForex offers PayPal as an additional payment option.
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 | RoboForex | |
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| Trust Score | 73 | 73 | |
| Winner | check_circle | ||
| Review | BDSwiss Review | RoboForex Review |
| Broker Screenshots | BDSwiss | RoboForex | |
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| Regulation | BDSwiss | RoboForex | |
|---|---|---|---|
| Trust Score | 73 | 73 | |
| Year Founded | 2012 | 2009 | |
| 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 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | BDSwiss | RoboForex | |
|---|---|---|---|
| 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 | RoboForex | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | BDSwiss | RoboForex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1081 | 8400 | |
| Forex Pairs (Total) | 53 | 28 | |
| 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 | RoboForex | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.6 | 1.3 | |
| All-in Cost EUR/USD - Active | 1.3 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | No | Yes |
| Funding | BDSwiss | RoboForex | |
|---|---|---|---|
| Minimum Deposit | $10-$5000 | $100 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | BDSwiss | RoboForex | |
|---|---|---|---|
| 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 | RoboForex | |
|---|---|---|---|
| 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) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BDSwiss | RoboForex | |
|---|---|---|---|
| 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 | 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 | RoboForex | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | BDSwiss | RoboForex | |
|---|---|---|---|
| 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 | No |
| Major Forex Pairs | BDSwiss | RoboForex | |
|---|---|---|---|
| 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 | RoboForex Review |
| Overall | BDSwiss | RoboForex | |
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| Trust Score | 73 | 73 | |
| Winner | check_circle | ||
| Review | BDSwiss Review | RoboForex Review |
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