Written by ForexBrokers.com
In this head to head comparison of BDSwiss vs Spreadex, 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.
When comparing BDSwiss and Spreadex, it's essential to consider their trustworthiness and regulatory insights. Founded in 2012, BDSwiss holds one Tier-1 license, indicating a high level of trust, and has a Trust Score of 73 according to ForexBrokers.com. In contrast, Spreadex, established in 1999, also possesses one Tier-1 license but holds a slightly lower Trust Score of 71. These scores place both brokers in the average risk category, suggesting a reasonable level of confidence for online trading.
Neither BDSwiss nor Spreadex is publicly traded or operates as a bank, providing a similar groundwork in their business operations. With the lack of Tier-2 licenses, which are considered trusted, potential users should weigh these factors alongside personal preferences and trading needs when selecting an online broker. Both platforms present comparable levels of trust and regulation adherence, making them viable options for traders.
| Feature |
BDSwiss
|
Spreadex
|
|---|---|---|
| Year Founded | 2012 | 1999 |
| 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 | 0 |
When it comes to evaluating commissions and fees, both BDSwiss and Spreadex offer competitive but varied pricing structures that cater to different trading preferences. BDSwiss has garnered a 4-star rating for its commissions and fees, though it ranks 30th out of 63 brokers according to ForexBrokers.com. Its Classic account presents a spread of 1.5 pips on EUR/USD, which is on the higher end compared to industry standards. Those opting for the Raw account will encounter a tighter spread of 0.3 pips but will also incur a $5 commission per side, resulting in a total effective spread of 1.3 pips. Meanwhile, the VIP account offers a spread of 1.2 pips.
On the other hand, Spreadex also holds a 4-star rating in the same category but manages to slightly outperform BDSwiss with its ranking at 27th. For Spreadex, spreads on EUR/USD averaged 0.81 pips in January 2024, with the minimum spread dropping to as low as 0.6 pips 60% of the time. This suggests a cost-effective option for traders focusing on lower transaction costs, especially for those frequently trading EUR/USD pairs. While both brokers provide competitive offerings, Spreadex appears to offer slightly more favorable conditions in terms of spreads.
| Feature |
BDSwiss
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $10-$5000 | $0 |
| Average Spread EUR/USD - Standard | 1.6 | 0.81 |
| All-in Cost EUR/USD - Active | 1.3 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| 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.
BDSwiss and Spreadex both offer a diverse range of investment opportunities, though Spreadex provides a significantly greater number of tradeable symbols, boasting 10,000 options compared to BDSwiss's 1,081. When it comes to forex trading, BDSwiss slightly edges out with 53 tradeable pairs versus Spreadex’s 52. Both platforms offer forex trading as CFDs or spot contracts and provide cryptocurrency derivatives, but neither allows the purchase of actual cryptocurrencies.
While neither broker offers exchange-traded securities on U.S. or international exchanges, BDSwiss distinguishes itself by offering copy trading, a feature not available with Spreadex. The broader range of offerings and the sheer number of tradeable symbols contribute to Spreadex receiving a higher rating and ranking in the investment category, earning 5 stars and securing the 13th spot out of 63 brokers. In contrast, BDSwiss holds a 4-star rating, coming in at 34th place, indicating a solid yet less expansive investment range compared to Spreadex.
| Feature |
BDSwiss
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1081 | 10000 |
| Forex Pairs (Total) | 53 | 52 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | No |
| 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 Spreadex both offer online trading platforms that cater to various trader preferences, including those looking for simulated paper trading with free virtual demo accounts. Each broker has developed its own proprietary platform, but BDSwiss goes further by providing a Windows-based desktop download option, which Spreadex does not. Both platforms can be accessed via web browsers, but BDSwiss stands out by supporting popular tools like MetaTrader 4 and MetaTrader 5, which are not available through Spreadex. Traders interested in copy trading would find BDSwiss more appealing, as they support this feature, whereas Spreadex does not. Both brokers simplify trading directly from stock charts, but BDSwiss offers a wider range of drawing tools for charting, with 15 options compared to Spreadex’s 11.
Analyzing their watch list features, Spreadex slightly edges out BDSwiss with eight columns versus seven. Despite this, both platforms were rated four out of five stars for their trading tools. When looking at overall rankings by ForexBrokers.com, BDSwiss is positioned at #24, outperforming Spreadex, which sits at #46 out of 63 brokers. Despite these differences, both platforms cater to traders with varying needs, although BDSwiss offers more comprehensive options for those interested in customizable features and advanced trading through MT4 and MT5.
| Feature |
BDSwiss
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 58 |
| Charting - Drawing Tools (Total) | 15 | 11 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 8 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of BDSwiss and Spreadex, both offer convenient options for iPhone and Android users, ensuring accessibility regardless of your device choice. Each platform supports essential trading features like stock and forex price alerts and can accommodate various time frames on charts, which include daily, weekly, and intraday views. Both BDSwiss and Spreadex provide options for drawing trendlines on charts, a handy tool for technical analysis. While they both allow users to create watchlists with real-time quotes, neither platform supports watchlist symbol syncing across mobile and online accounts.
BDSwiss distinguishes itself with 30 technical studies available on its charting tool within the app, while Spreadex does not specify its offering in this area. Additionally, BDSwiss auto-saves chart drawings, a feature that Spreadex lacks. Both apps receive commendable ratings of four out of five stars, but BDSwiss holds a stronger position on ForexBrokers.com's ranking list, placing 24th out of 63 brokers compared to Spreadex’s 46th position. This suggests that while both brokers offer reliable mobile trading experiences, BDSwiss might have a slight edge in terms of app features and overall user satisfaction.
| Feature |
BDSwiss
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both BDSwiss and Spreadex provide daily market commentary, ensuring traders are well-informed with regular updates. However, when it comes to sourcing forex news from top-tier providers like Bloomberg and Reuters, Spreadex has the upper hand, offering information from these reputable platforms while BDSwiss does not. Both brokers support technical and fundamental research tools from Autochartist, assisting traders in making data-driven decisions. Additionally, BDSwiss collaborates with Trading Central, delivering advanced analytics, unlike Spreadex, which lacks this feature.
Sentiment tools that reveal trading positions across different instruments only feature in Spreadex's arsenal, giving it an advantage for traders interested in market psychology insights. Both brokers feature economic calendars, keeping users aware of global news events. Neither offers market research from TipRanks or Acuity Trading tools. Despite these differences, BDSwiss and Spreadex each receive a solid four-star rating for research capabilities. However, in a comparative ranking by ForexBrokers.com, BDSwiss holds a higher position, being ranked 24th out of 63, while Spreadex ranks at 31st.
| Feature |
BDSwiss
|
Spreadex
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | Yes |
| 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 looking at educational resources available for beginner traders, BDSwiss and Spreadex both provide a solid foundation. Both platforms offer a minimum of 10 educational pieces, including articles and videos focused on forex and CFDs, making them good options for newcomers. They also provide at least 10 beginner-level videos to help inexperienced traders grasp trading concepts. Additionally, each platform includes an investor dictionary with definitions for over 50 investing terms, which aids in familiarizing new traders with the language of finance.
Despite these similarities, BDSwiss provides more extensive educational opportunities by hosting monthly online webinars, a feature not offered by Spreadex. BDSwiss also maintains a searchable archive of recorded webinars, allowing learners to revisit sessions at their convenience, whereas Spreadex does not. BDSwiss further distinguishes itself with advanced educational videos tailored for experienced traders, a resource that Spreadex does not match. While both brokers receive a 4-star education rating, BDSwiss is ranked higher at #19 compared to Spreadex's #45 ranking, suggesting a broader scope of educational resources.
| Feature |
BDSwiss
|
Spreadex
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| 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 Spreadex. BDSwiss finished with an overall rank of #36, while Spreadex finished with an overall rank of #39.
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
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Spreadex
|
|---|---|---|
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| Trust Score | 73 | 71 |
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Both BDSwiss and Spreadex do not provide the option to buy actual delivered cryptocurrency, but they both offer the ability to trade cryptocurrency derivatives.
BDSwiss and Spreadex both allow Visa, Mastercard, and bank wire transactions for deposits and withdrawals, but BDSwiss uniquely supports ACH, SEPA, and Skrill, whereas Spreadex does not offer these options, and neither platform provides PayPal support.
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 | Spreadex | |
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| Trust Score | 73 | 71 | |
| Winner | check_circle | ||
| Review | BDSwiss Review | Spreadex Review |
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| Regulation | BDSwiss | Spreadex | |
|---|---|---|---|
| Trust Score | 73 | 71 | |
| Year Founded | 2012 | 1999 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | BDSwiss | Spreadex | |
|---|---|---|---|
| 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 | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | BDSwiss | Spreadex | |
|---|---|---|---|
| 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 | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1081 | 10000 | |
| Forex Pairs (Total) | 53 | 52 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | No | |
| 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 | Spreadex | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.6 | 0.81 | |
| 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 | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $10-$5000 | $0 | |
| 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 | No |
| Trading Platforms | BDSwiss | Spreadex | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | BDSwiss | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 8 | |
| Charting - Indicators / Studies (Total) | 30 | 58 | |
| Charting - Drawing Tools (Total) | 15 | 11 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BDSwiss | Spreadex | |
|---|---|---|---|
| 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 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | BDSwiss | Spreadex | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | BDSwiss | Spreadex | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | BDSwiss | Spreadex | |
|---|---|---|---|
| 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 | Spreadex Review |
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| Trust Score | 73 | 71 | |
| Winner | check_circle | ||
| Review | BDSwiss Review | Spreadex Review |
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