Written by ForexBrokers.com
In this head to head comparison of Swissquote 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.
Swissquote and BDSwiss are two online brokers with notable differences in their trust metrics and establishment backgrounds. Founded in 1996, Swissquote stands out as a highly trusted broker with a perfect Trust Score of 99, as rated by ForexBrokers.com. This strong trust rating is backed by its status as a publicly traded bank. Swissquote is distinguished by holding five Tier-1 licenses, indicating a high level of regulatory oversight and trust. Additionally, it holds two Tier-2 licenses, further affirming its credibility in the financial markets.
In contrast, BDSwiss, established in 2012, is a privately held company that does not operate as a bank. It holds one Tier-1 license, reflecting a good but more modest level of regulatory trust compared to Swissquote. With a Trust Score of 73, BDSwiss falls into the average risk category as per ForexBrokers.com, indicating a moderate level of risk for users. It does not hold any Tier-2 licenses. These distinctions in ratings, regulatory recognition, and organizational structure highlight Swissquote's strong standing in the brokerage industry relative to BDSwiss.
| Feature |
Swissquote
|
BDSwiss
|
|---|---|---|
| Year Founded | 1996 | 2012 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 5 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
When comparing the commissions and fees of online brokers Swissquote and BDSwiss, it's important to note the distinctions between them, especially for traders mindful of costs. Swissquote, with its reputation as a Swiss banking conglomerate, comes with slightly elevated pricing. The U.K. branch of Swissquote provides more competitive rates compared to its entities in Switzerland and Luxembourg. Active traders might find the commission-based Elite account appealing due to its lower spreads and a $5 charge per round-turn trade, assuming a deposit of at least $10,000. However, its other accounts like the Standard and Prime offer spreads starting at 1.3 pips and 0.6 pips, respectively, which could be less favorable for those looking to minimize costs. Swissquote's fees earn a 3.5-star rating and rank #52 out of 62 brokers according to ForexBrokers.com.
In contrast, BDSwiss shows a better standing in terms of commissions and fees, sporting higher order execution statistics even though their spreads remain above those of some industry giants. The Classic account’s 1.5 pips on EUR/USD may seem steep, but their Raw account reduces this with a 0.3 pip spread plus a $5 commission per side, leading to a total effective spread of 1.3. The VIP account further refines the offer with a 1.2 pip spread. Despite the slightly higher spreads compared to some leaders in the market, BDSwiss scores higher in affordability, receiving a 4-star rating and being ranked #30 in the Commissions and Fees category by ForexBrokers.com.
Ultimately, while Swissquote offers the allure of banking under a prestigious Swiss brand, BDSwiss tends to be the more cost-effective choice, particularly through its well-rated Raw and VIP accounts. Traders keen on optimizing their trading expenses might gravitate towards BDSwiss, thanks to its more competitive fees and higher ranking compared to Swissquote.
| Feature |
Swissquote
|
BDSwiss
|
|---|---|---|
| Minimum Deposit | $1000 | $10-$5000 |
| Average Spread EUR/USD - Standard | N/A | 1.6 |
| All-in Cost EUR/USD - Active | N/A | 1.3 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the investment options available through Swissquote and BDSwiss, both platforms offer a compelling array of choices, though they cater to slightly different needs. Swissquote provides users with access to 472 tradeable symbols, including 80 forex pairs, and distinctive features like trading U.S. and international exchange-traded securities, meaning you can buy shares of companies like Apple and Vodafone. In contrast, BDSwiss offers 1,081 tradeable symbols but focuses more on CFDs, featuring 53 forex pairs, and does not support trading on U.S. or international exchanges. For cryptocurrency enthusiasts, Swissquote outshines BDSwiss by offering both actual cryptocurrencies and crypto derivatives, whereas BDSwiss limits users to trading cryptocurrency derivatives only.
Both Swissquote and BDSwiss support forex trading as a CFD or spot contract and include copy trading capabilities to mimic successful traders. However, the breadth of Swissquote's investment options has earned them a higher rating and ranking in industry evaluations. Swissquote boasts a 5-star rating, securing the second spot out of 62 brokers in the Range of Investments category, while BDSwiss holds a respectable 4-star rating, ranking 34th. This distinction underscores Swissquote's extensive investment range, making it a preferred choice for those seeking variety and access to global markets.
| Feature |
Swissquote
|
BDSwiss
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 1081 |
| Forex Pairs (Total) | 80 | 53 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | 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.
Both Swissquote and BDSwiss provide traders with comprehensive trading platforms and tools to enhance their online trading experience. Both brokers offer demo accounts, allowing users to engage in practice trading without the risk of loss. Each has developed its own proprietary platform while also supporting popular third-party platforms like MetaTrader 4 and MetaTrader 5. Both brokers offer trading through a Windows-based download and a web-based platform, providing flexibility in how traders access their accounts and make trades. They also feature the ability to trade directly from stock charts and offer copy trading, though neither supports ZuluTrade or DupliTrade.
When it comes to the toolkit for charting, Swissquote stands out with 75 drawing tools compared to BDSwiss's 15. Traders at Swissquote can also benefit from more comprehensive watchlist features, with 11 columns available versus BDSwiss's 7. These additional features contribute to Swissquote's higher rating of 4.5 stars out of five for Trading Platforms and Tools, and its superior rank of #12 out of 62 brokers on ForexBrokers.com. In contrast, BDSwiss is rated 4 stars and is ranked #24, reflecting a solid but slightly less acclaimed offering in the same category of trading resources.
| Feature |
Swissquote
|
BDSwiss
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| 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) | 86 | 30 |
| Charting - Drawing Tools (Total) | 75 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Swissquote and BDSwiss, it's clear that both platforms cater to iPhone and Android users, providing essential features like stock and forex price alerts. Users can enjoy fully functional mobile charting with 30 technical studies on both apps, alongside the ability to draw trendlines and switch between various time frames. While each app allows the creation of watchlists with real-time quotes, neither offers watchlist symbol syncing, meaning any updates won't sync to the client's online account.
However, Swissquote's app garners slightly better user ratings, earning 4.5 stars, compared to BDSwiss's 4 stars. Reflecting this, Swissquote holds a higher rank in the Mobile Trading Apps category by ForexBrokers.com, positioned at #11 out of 62 brokers, whereas BDSwiss stands at #24. Despite the close competitive offering of features, if user experience and app ranking are of priority, Swissquote holds a marginal edge.
| Feature |
Swissquote
|
BDSwiss
|
|---|---|---|
| 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.
Swissquote and BDSwiss both offer daily market commentary and provide an economic calendar for tracking global news events. However, only Swissquote delivers forex news from top-tier sources like Bloomberg and Reuters, offering an edge in access to high-quality news information. Both brokers incorporate tools from Autochartist for technical or fundamental research, ensuring traders can perform comprehensive market analysis.
Additionally, BDSwiss uses Trading Central for technical analytics, which isn't available with Swissquote. Neither broker provides sentiment-based trading tools or research from TipRanks and Acuity Trading. Both Swissquote and BDSwiss earn a solid 4-star rating for research. However, in rankings by ForexBrokers.com, Swissquote holds the 16th position out of 62 brokers, surpassing BDSwiss, which ranks 24th.
| Feature |
Swissquote
|
BDSwiss
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | Yes |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Both Swissquote and BDSwiss excel in educational offerings for beginners interested in forex and CFDs. Each platform provides more than 10 educational pieces, like articles and videos, focusing on forex and CFDs to help new traders get started. They also host at least one live educational webinar each month and maintain an accessible archive of past webinars for ongoing learning. Both brokers cater to the specific needs of new traders, offering at least 10 beginner-focused videos. Moreover, they don't neglect more experienced traders, providing over 10 advanced videos as well. Importantly, both include an investor dictionary featuring over 50 investing terms, making it easier for traders to understand key concepts.
When evaluating user ratings and rankings, both Swissquote and BDSwiss receive 4 out of 5 stars for their educational resources. However, when it comes to overall ranking by ForexBrokers.com in the Education category, BDSwiss edges slightly ahead, ranked 19th out of 62 brokers, while Swissquote sits at 21st. This minor difference might matter for those who prioritize the educational component in their choice of an online broker. Regardless, both platforms present strong educational opportunities for traders looking to learn and grow in the trading world.
| Feature |
Swissquote
|
BDSwiss
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Swissquote is better than BDSwiss. Swissquote finished with an overall rank of #11, while BDSwiss finished with an overall rank of #36.
Traders choose Swissquote for its quality research and vast multi-asset offering – as long as they are willing to pay a premium to have their brokerage account held with a Swiss bank.
| Feature |
Swissquote
|
BDSwiss
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 73 |
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While both Swissquote and BDSwiss offer the ability to trade cryptocurrency derivatives, only Swissquote provides the capability to purchase actual, delivered cryptocurrencies, setting it apart from BDSwiss in terms of direct cryptocurrency investments.
Swissquote and BDSwiss both support ACH or SEPA transfers, Skrill, Visa or Mastercard, and bank wires for depositing or withdrawing account funds, but only Swissquote offers PayPal as an additional 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 | Swissquote | BDSwiss | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | Swissquote Review | BDSwiss Review |
| Broker Screenshots | Swissquote | BDSwiss | |
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| Regulation | Swissquote | BDSwiss | |
|---|---|---|---|
| Trust Score | 99 | 73 | |
| Year Founded | 1996 | 2012 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 5 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | Swissquote | BDSwiss | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | 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 | Yes |
| Tier-2 Licenses (Trusted) | Swissquote | BDSwiss | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Swissquote | BDSwiss | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 472 | 1081 | |
| Forex Pairs (Total) | 80 | 53 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | 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 | Swissquote | BDSwiss | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.6 | |
| All-in Cost EUR/USD - Active | N/A | 1.3 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | No |
| Funding | Swissquote | BDSwiss | |
|---|---|---|---|
| Minimum Deposit | $1000 | $10-$5000 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| 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 | Swissquote | BDSwiss | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| 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 | Swissquote | BDSwiss | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 7 | |
| Charting - Indicators / Studies (Total) | 86 | 30 | |
| Charting - Drawing Tools (Total) | 75 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Swissquote | BDSwiss | |
|---|---|---|---|
| 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 | Swissquote | BDSwiss | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Swissquote | BDSwiss | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Swissquote | BDSwiss | |
|---|---|---|---|
| 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 | Swissquote Review | BDSwiss Review |
| Overall | Swissquote | BDSwiss | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | Swissquote Review | BDSwiss Review |
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