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BDSwiss vs TMGM 2023

ForexBrokers.com

Written by ForexBrokers.com

December 27, 2022

Is BDSwiss better than TMGM? In our analysis of 23 international regulators across 62 of the best forex brokers, BDSwiss is considered average-risk, with an overall Trust Score of 83 out of 99. TMGM is considered average-risk, with an overall Trust Score of 79 out of 99. Learn more about Trust Score.

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Overall RatingBDSwissTMGM
Overall Rating 4/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Offering of Investments 4/5 Stars 5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 4.5/5 Stars
Trust Score 83 79
Winner check_circle
Review BDSwiss Review TMGM Review
Broker ScreenshotsBDSwissTMGM
Trading Platforms Gallery (click to expand)
BDSwiss MT4 trading platform chartszoom_in BDSwiss MT5 trading platform chartszoom_in BDSwiss MT4 desktop trading platform watchlistzoom_in BDSwiss MT5 desktop trading platform watchlistzoom_in BDSwiss client portal trading toolszoom_in BDSwiss client portal trading toolszoom_in BDSwiss client portal Trading Central TC Analysis zoom_in BDSwiss client portalzoom_in BDSwiss MetaTrader 4 MT4 desktop platformzoom_in BDSwiss MT5 desktop trading platformzoom_in
TMGM MetaTrader4 desktop trading platformzoom_in TMGM MetaTrader4 desktop trading platform chartszoom_in TMGM MetaTrader4 desktop trading platform signals marketzoom_in TMGM MetaTrader4 desktop trading platform watchlistzoom_in TMGM MetaTrader4 web platformzoom_in TMGM client dashboard loginzoom_in
Research Gallery (click to expand)
BDSwiss research Trading Central newsletterzoom_in BDSwiss client portal Trading Central TC Analysis zoom_in
TMGM research daily market commentaryzoom_in TMGM client dashboard research Trading Central TC Market Buzz newszoom_in TMGM client dashboard research Trading Central TC Economic Insights economic calendarzoom_in TMGM client dashboard research Trading Central Featured Ideas newszoom_in TMGM client dashboard research Trading Central Analyst Views newszoom_in TMGM MetaTrader4 desktop trading platform news headlineszoom_in
Mobile Trading Gallery (click to expand)
BDSwiss MT4 mobile trading appzoom_in BDSwiss MT4 mobile trading app chartzoom_in BDSwiss MT4 mobile trading app economic calendarzoom_in BDSwiss MT4 mobile trading app watchlistzoom_in BDSwiss MT4 mobile trading app watchlistzoom_in
TMGM MetaTrader 4 MT4 mobile appzoom_in TMGM MetaTrader 4 MT4 mobile appzoom_in TMGM MetaTrader 4 MT4 mobile app chartszoom_in TMGM MetaTrader 4 MT4 mobile app trade ticketzoom_in TMGM MetaTrader 4 MT4 app forex news headlineszoom_in
Education Gallery (click to expand)
TMGM learning center academy educational courseszoom_in TMGM learning center academy educational advanced course quizzoom_in TMGM learning center academy educational beginner courses progress trackingzoom_in TMGM learning center academy educational advanced course quiz resultszoom_in TMGM learning center academy educational intermediate courses progress trackingzoom_in TMGM YouTube webinars Trade View post pandemic trading strategies videozoom_in TMGM YouTube webinars Trade View post pandemic trading strategieszoom_in
RegulationBDSwissTMGM
Trust Score 83 79
Year Founded 2012 2013
Publicly Traded (Listed) No No
Bank No No
European Union Authorised (MiFID) Yes info No info
Tier-1 Licenses 1 2
Tier-2 Licenses 1 0
Tier-3 Licenses 1 1
Tier-1 Licenses (High Trust)BDSwissTMGM
Australia (ASIC Authorised) No Yes
Canada (SRO Authorised) No No
Hong Kong (SFC Authorised) No No
CBI Authorised (Ireland) 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 Yes
Tier-2 Licenses (Average Trust)BDSwissTMGM
China (CBRC Authorised) No No
Cyprus (CySEC Authorised) Yes No
India (SEBI Authorised) No No
Israel (ISA Authorised) No No
Russia (CBR Authorised) No No
South Africa (FSCA Authorised) No No
Thailand (SEC Authorised) No No
UAE (DFSA/Central Bank Authorised) No No
Tier-3 Licenses (Low Trust)BDSwissTMGM
Bahamas (SCB Authorised) No No
Belize (FSC Authorised) No No
Cayman Islands (CIMA Authorised) No No
Bermuda (BMA Authorised) No No
British Virgin Islands (FSC Authorised) No No
Mauritius (FSC Authorised) Yes No
Vanuatu (VFSC Authorised) No Yes
InvestmentsBDSwissTMGM
Forex Trading (Spot or CFDs) Yes Yes
Tradeable Symbols (Total) 1081 12000
Forex Pairs (Total) 51 62
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 (CFD) 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).
CostBDSwissTMGM
Average Spread EUR/USD - Standard 1.6 info 0.96 info
All-in Cost EUR/USD - Active 1.3 info 0.76 info
Active Trader or VIP Discounts Yes Yes
Execution: Agency Broker Yes Yes
Execution: Market Maker No No
FundingBDSwissTMGM
Minimum Deposit $100-$5000 info $100
PayPal (Deposit/Withdraw) No No
Skrill (Deposit/Withdraw) Yes Yes
Visa/Mastercard (Credit/Debit) Yes Yes
Bank Wire (Deposit/Withdraw) Yes Yes
Trading PlatformsBDSwissTMGM
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 No
cTrader No No
DupliTrade No No
ZuluTrade No No
Trading ToolsBDSwissTMGM
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 TradingBDSwissTMGM
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 No No
Forex Calendar Yes No
ResearchBDSwissTMGM
Daily Market Commentary Yes Yes
Forex News (Top-Tier Sources) No Yes
Autochartist Yes No
Trading Central (Recognia) No Yes
Social Sentiment - Currency Pairs No Yes
Economic Calendar Yes Yes
EducationBDSwissTMGM
Education (Forex or CFDs) Yes Yes
Client Webinars Yes Yes
Client Webinars (Archived) Yes Yes
Videos - Beginner Trading Videos Yes No
Videos - Advanced Trading Videos No No
Investor Dictionary (Glossary) Yes Yes
Major Forex PairsBDSwissTMGM
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 TMGM Review
OverallBDSwissTMGM
Overall Rating 4/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Offering of Investments 4/5 Stars 5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 4.5/5 Stars
Trust Score 83 79
Winner check_circle
Review BDSwiss Review TMGM Review
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BDSwiss vs TMGM 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 TMGM.

Does BDSwiss or TMGM 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 TMGM 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. TMGM holds 2 global Tier-1 licenses, while BDSwiss holds 1. BDSwiss holds 1 global Tier-2 licenses, while TMGM holds 0. In our analysis of 23 international regulators across 50 brokers, BDSwiss earned a higher Trust Score than TMGM.

Which trading platform is better: BDSwiss or TMGM?

To compare the trading platforms of both BDSwiss and TMGM, 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 TMGM offer MetaTrader 4 (MT4).BDSwiss and TMGM both offer copy trading.

How many forex pairs and CFDs are available to trade?

TMGM provides traders 62 currency pairs (e.g., EUR/USD) compared to BDSwiss's 51 available pairs. Forex pairs aside, TMGM offers traders access to 12000 CFDs while BDSwiss has 1081 available CFDs, a difference of 10919.

Can I trust BDSwiss?

BDSwiss is not publicly traded and does not operate a bank. BDSwiss is authorized by two tier-1 regulator (high trust), one tier-2 regulator (average trust), and one tier-3 regulator (low trust). BDSwiss is authorised by the following tier-1 regulator: the Financial Conduct Authority (FCA).

Can I trust TMGM?

TMGM is not publicly traded and does not operate a bank. TMGM is authorised by two tier-1 regulators (high trust), zero tier-2 regulators (average trust), and one tier-3 regulator (low trust). TMGM is authorised by the following tier-1 regulators: the Australian Securities & Investment Commission (ASIC) and the Financial Markets Authority (FMA).

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 – though its spreads are higher than industry leaders.

Is TMGM good?

TMGM stands out for its impressive education toolset, though it still trails behind the best brokers in most categories. TMGM offers a small range of markets via the MetaTrader 4 (MT4) platform. While primarily a MetaTrader broker, it also offers the more exclusive IRESS platform – though the platform-specific requirements will limit who can use it.

Overall winner: BDSwiss

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announcementPlease 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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