BDSwiss vs ThinkMarkets Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare BDSwiss vs ThinkMarkets.
Does BDSwiss or ThinkMarkets 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 ThinkMarkets 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. ThinkMarkets holds 5 global Tier-1 licenses, while BDSwiss holds 3. ThinkMarkets holds 1 global Tier-2 licenses, while BDSwiss holds 0. In our analysis of 23 international regulators across 50 brokers, ThinkMarkets (88) earned a higher Trust Score than BDSwiss (81).
Which trading platform is better: BDSwiss or ThinkMarkets?
To compare the trading platforms of both BDSwiss and ThinkMarkets, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, BDSwiss offers a better experience. With research, BDSwiss offers superior market research. Finally, we found BDSwiss 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. Both BDSwiss and ThinkMarkets offer MetaTrader 4 (MT4).BDSwiss and ThinkMarkets both offer copy trading.
How many forex pairs and CFDs are available to trade?
BDSwiss provides traders 51 currency pairs (e.g., EUR/USD) compared to ThinkMarkets's 46 available pairs. Forex pairs aside, ThinkMarkets offers traders access to 4000 CFDs while BDSwiss has 1081 available CFDs, a difference of 2919.
Can I trust BDSwiss?
BDSwiss is not publicly traded and does not operate a bank. BDSwiss is authorized by three Tier-1 regulators (Highly Trusted), one Tier-2 regulator (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). BDSwiss is authorised by the following Tier-1 regulators: the Japanese Financial Services Authority (JFSA), Financial Conduct Authority (FCA), and the European Union via MiFID.
Can I trust ThinkMarkets?
ThinkMarkets is not publicly traded and does not operate a bank. ThinkMarkets is authorised by five tier-1 regulators (Highly Trusted), one tier-2 regulator (Average Risk), zero tier-3 regulators (low trust), and two tier-4 regulators (High Risk). ThinkMarkets is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC), Japanese Financial Services Authority (JFSA), Financial Markets Authority (FMA), Financial Conduct Authority (FCA), and the European Union Authorized (MiFID).
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 โ though its spreads are higher than industry leaders.
Is ThinkMarkets good?
ThinkMarkets has multiple regulatory license and offers a proprietary trading platform, as well as the entire MetaTrader suite. The broker has made progress in key areas, such as research and education, and the range of markets available, although trails behind the best brokers in these categories.
Overall winner: BDSwiss
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We review each brokerโs overall global offering โ a โYesโ 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.