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 |
Comparing Swissquote and BDSwiss in terms of commissions and fees presents a nuanced picture. Swissquote, rated 3.5 stars, is well-regarded for its association with a Swiss banking conglomerate, yet its trading costs don't match the lowest-cost forex brokers. Across its entities, Swissquote's U.K.-based accounts offer the most favorable costs with lower fees and deposit requirements compared to its branches in Switzerland and Luxembourg. The U.K. Elite account, ideal for active traders with a $10,000 deposit, features a $5 charge per round-turn trade and lower spreads. The company's Luxembourg and Swiss entities provide similar pricing but at higher entry points and with slightly elevated spreads. Overall, Swissquote stands 53rd out of 63 brokers in the Commissions and Fees category by ForexBrokers.com.
In contrast, BDSwiss earns a higher rating of 4 stars, placing it 30th out of 63 brokers. While not industry-leading, BDSwiss showcases solid execution stats. Their Classic account incurs a spread of 1.5 pips on EUR/USD, which can be deemed costly. The Raw account offers a more competitive spread at 0.3 pips plus a $5 commission per side, summing up to an effective spread of 1.3. The VIP account further trims spreads to 1.2 pips. These options provide traders with a range of financial solutions, albeit at a higher spread than some competitors.
Ultimately, both brokers present specific strengths. Swissquote offers the prestige of Swiss banking with varied account types, but with steeper spreads and deposits, especially in Switzerland. BDSwiss, though not the cheapest, provides sound execution and competitive options for traders willing to navigate its costlier Classic account spreads. Selecting between these brokers largely depends on individual priorities, whether opting for Swissquote's banking prestige or BDSwiss's higher execution stars.
| 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 Swissquote and BDSwiss in terms of investment options, both platforms offer forex trading through CFDs or spot contracts. However, Swissquote provides access to 472 tradeable symbols, while BDSwiss offers a larger selection of 1081 tradeable symbols. For forex enthusiasts, Swissquote boasts 80 tradeable forex pairs, surpassing BDSwiss, which offers 53 pairs. Furthermore, Swissquote stands out by allowing clients to invest in exchange-traded securities on both U.S. and international exchanges, making it possible to directly purchase shares like Apple and Vodafone. In contrast, BDSwiss does not extend this option to its users.
Both brokers support copy trading, catering to those interested in following successful trading strategies. While Swissquote allows the purchasing of actual cryptocurrencies, an option not available with BDSwiss, both platforms offer cryptocurrency derivatives. Overall, Swissquote receives a five-star rating for its extensive range of investments and ranks as #2 in this category on ForexBrokers.com. Meanwhile, BDSwiss holds a respectable four-star rating but ranks #34, reflecting a diverse yet slightly narrower range of offerings compared to Swissquote.
| 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.
Swissquote and BDSwiss both provide a range of trading platforms and tools that cater to a variety of trader preferences. Both brokers offer free virtual demo accounts, enabling traders to practice and hone their skills without financial risk. Additionally, each broker has developed its own proprietary platform, available as both a web-based version and a Windows desktop download, ensuring accessibility and convenience. Both Swissquote and BDSwiss also support the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, providing traders with robust options for technical analysis and advanced trading strategies. Furthermore, traders can engage in copy trading on both platforms, although neither broker supports DupliTrade or ZuluTrade services.
When it comes to charting capabilities, Swissquote stands out with 75 drawing tools compared to BDSwiss's 15, offering more resources for technical analysis. Both brokers allow trades to be executed directly from stock charts, enhancing trading efficiency. In terms of watch list configurations, Swissquote offers 11 customizable fields, while BDSwiss provides 7. Swissquote earns a rating of 4.5 stars in trading platforms and tools, ranking 12 out of 63 brokers evaluated by ForexBrokers.com. BDSwiss follows closely with a 4-star rating, securing the 24th spot in the same evaluation. Overall, both brokers offer strong platforms, with Swissquote providing additional features that may appeal to traders seeking more in-depth analysis tools.
| 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 considering mobile trading options, both Swissquote and BDSwiss provide their clients with iPhone and Android apps, ensuring accessibility for users on the go. Each platform supports important features such as stock or forex price alerts, the ability to draw trendlines on charts, and multiple time frame viewing options, making them suitable for traders seeking detailed market analysis from their mobile devices. Both mobile apps offer 30 technical studies for charting and the capability to create watchlists with real-time quotes, delivering comprehensive tools to enhance trading activities. Additionally, they both automatically save drawings on charts, allowing for seamless management of trading strategies.
Despite their similarities, Swissquote holds a slight edge with a rating of 4.5 stars for its mobile app, compared to BDSwiss's 4-star rating. Furthermore, Swissquote is positioned higher in the ForexBrokers.com rankings for mobile trading apps, standing at #12 out of 63 brokers, while BDSwiss ranks at #24. Neither platform currently supports watchlist symbol syncing between mobile and online accounts, but with their various powerful features, both apps remain competitive options for traders who prioritize mobile access and comprehensive trading tools.
| 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.
When comparing Swissquote and BDSwiss for market research capabilities, both brokers provide daily market commentary and access to technical analysis tools from Autochartist. However, Swissquote stands out by offering forex news from leading sources like Bloomberg and Reuters, setting it apart from BDSwiss, which lacks this feature. Conversely, BDSwiss includes technical research tools from Trading Central, enhancing their analytical offerings beyond the scope provided by Swissquote.
Both Swissquote and BDSwiss offer economic calendars to keep traders informed of global economic events. While neither broker provides sentiment-based trading tools or resources from TipRanks or Acuity Trading, they each receive a commendable four-star rating for research. Notably, Swissquote is ranked slightly higher in the research category by ForexBrokers.com, placing at #16 compared to BDSwiss's #24 position, indicating a broader recognition of Swissquote's research strengths among competitors.
| 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.
When it comes to educational resources for beginners, both Swissquote and BDSwiss offer an extensive array of materials that cater to those interested in forex and CFDs. Both brokers meet the threshold of providing at least 10 educational pieces, such as articles, videos, and archived webinars dedicated to these topics. Beginners can benefit from more than 10 educational videos that simplify trading concepts specifically for newcomers to the market. Additionally, both brokers maintain a searchable archive of previously recorded client webinars and host monthly online educational webinars, ensuring that users have continuous access to learning opportunities.
For those who want to delve deeper, Swissquote and BDSwiss provide advanced educational videos, making it easier for experienced traders to expand their skills. They also offer investor dictionaries with explanations for over 50 investing terms, aiding both beginners and seasoned investors in understanding the financial jargon. Both platforms earn a 4-star rating for education, while BDSwiss slightly edges out Swissquote by being ranked #19 in ForexBrokers.com's education category, compared to Swissquote’s #21 ranking. Regardless of ranking differences, both brokers stand out for their commitment to providing a wealth of educational resources to help investors at every level.
| 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 63 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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