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BDSwiss vs TopFX 2021

Is BDSwiss better than TopFX? In our analysis of 23 international regulators across 39 brokers, BDSwiss is considered average-risk, with an overall Trust Score of 83 out of 99. TopFX is considered high-risk, with an overall Trust Score of 67 out of 99. Learn more about Trust Score.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature BDSwiss TopFX
Overall 4 3.5
Commissions & Fees 4 3.5
Offering of Investments 4 3.5
Platforms & Tools 4 3.5
Mobile Trading Apps 4 3.5
Research 4 3
Education 4 3
Trust Score 83 67
BDSwiss Review TopFX Review
Winner check_circle

Regulation

Feature BDSwiss TopFX
Trust Score 83 67
Year Founded
2012 2010
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
2 0
Tier-2 Licenses
1 1
Tier-3 Licenses
1 0
Authorised in the European Union
Yes No

Tier-1 Licenses (High Trust)

Feature BDSwiss TopFX
ASIC Authorised (Australia)
No No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
CBI Authorised (Ireland)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
No No
CFTC Registered (USA)
No No
FMA Authorised (New Zealand)
No No

Tier-2 Licenses (Average Trust)

Feature BDSwiss TopFX
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
Yes Yes
SEBI Authorised (India)
No No
ISA Authorised (Israel)
No No
CBR Authorised (Russia)
No No
FSCA Authorised (South Africa)
No No
SEC Authorised (Thailand)
No No
DFSA / Central Bank Authorised (UAE)
No No

Tier-3 Licenses (Low Trust)

Feature BDSwiss TopFX
SCB Authorised (Bahamas) No No
IFSC Authorised (Belize) No No
Cayman Islands Monetary Authority (CIMA)
No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands)
No No
FSC Authorised (Mauritius)
Yes No
VFSC Authorised (Vanuatu)
No No

Investments

Feature BDSwiss TopFX
Forex Trading
Yes Yes
CFD Trading
Yes Yes
Tradeable Symbols (Total)
1081 655
Forex Pairs (Total)
51 60
US 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
Crypto Disclaimer (UK) 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

Feature BDSwiss TopFX
Average Spread EUR/USD - Standard
1.5 (Jul 2021) n/a
All-in Cost EUR/USD - Active
1.1 (Jul 2021) n/a
Active Trader or VIP Discounts
Yes No
Execution: Agency Broker
Yes No
Execution: Market Maker
No Yes

Funding

Feature BDSwiss TopFX
Minimum Deposit
$100-$5000 (depending on account type) Depends on payment method
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
No Yes
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature BDSwiss TopFX
Proprietary Platform
Yes No
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 Yes
DupliTrade
No No
ZuluTrade
No No

Trading Tools

Feature BDSwiss TopFX
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
Charting - Drawings Autosave
Yes No

Mobile Trading

Feature BDSwiss TopFX
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
No No
Charting - Indicators / Studies
30 30
Charting - Draw Trendlines
Yes Yes
Charting - Trendlines Moveable
No No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No Yes
Forex Calendar
No Yes

Research

Feature BDSwiss TopFX
Daily Market Commentary
Yes No
Forex News (Top-Tier Sources)
No Yes
Autochartist
Yes Yes
Trading Central (Recognia)
No Yes
Delkos Research
No No
Social Sentiment - Currency Pairs
No Yes
Economic Calendar
Yes Yes

Education

Feature BDSwiss TopFX
Has Education - Forex or CFDs
Yes No
Client Webinars
Yes No
Client Webinars (Archived)
Yes No
Videos - Beginner Trading Videos
Yes No
Videos - Advanced Trading Videos
No No
Investor Dictionary (Glossary)
Yes No

Major Forex Pairs

Feature BDSwiss TopFX
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

Overall

Feature BDSwiss TopFX
Overall 4 3.5
Commissions & Fees 4 3.5
Offering of Investments 4 3.5
Platforms & Tools 4 3.5
Mobile Trading Apps 4 3.5
Research 4 3
Education 4 3
Trust Score 83 67
BDSwiss Review TopFX Review

Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare BDSwiss vs TopFX.

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

Which trading platform is better: BDSwiss or TopFX?
To compare the trading platforms of both BDSwiss and TopFX, 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. BDSwiss and TopFX both offer copy trading. Both BDSwiss and TopFX offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
TopFX provides traders 60 currency pairs (e.g., EUR/USD) compared to BDSwiss's 51 available pairs. Forex pairs aside, BDSwiss offers traders access to 1081 CFDs while TopFX has 655 available CFDs, a difference of 426.

Can I trust BDSwiss?
BDSwiss is not publicly traded and does not operate a bank. BDSwiss is authorized by one 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 TopFX?
TopFX is not publicly traded and does not operate a bank. TopFX is authorised by zero tier-1 regulators (high trust) and one tier-2 regulator (average trust).

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 TopFX good?
TopFX offers the MetaTrader and cTrader platform suites, and grants access to a medium range of CFD markets and forex pairs. However, TopFX struggles to compete with the best brokers in several categories, including market research and education.

Overall winner: BDSwiss

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Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 01/10/2022 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the "Contact" link at the bottom of this page.

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