BDSwiss vs TopFX 2025
In this head to head comparison of BDSwiss vs TopFX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
In this head to head comparison of BDSwiss vs TopFX, 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.
Founded in 2012, BDSwiss is an online broker that holds one Tier-1 license, which ForexBrokers.com considers highly trusted. Despite not being a publicly traded company or a bank, it has managed to earn a Trust Score rating of 73 out of 99, placing it in the average risk category. This score implies a moderate level of trust when compared to other brokers in the industry.
TopFX, established in 2010, likewise has one Tier-1 license but no Tier-2 licenses, similar to BDSwiss. Not publicly traded and not a bank, TopFX has a slightly lower Trust Score of 67, placing it in the high-risk category. This indicates a lower level of trust compared to BDSwiss, according to ratings on ForexBrokers.com. While both brokers share some similarities in their foundational structures, their trust ratings suggest differing risk levels for potential users.
Feature |
![]() |
![]() |
---|---|---|
Year Founded | 2012 | 2010 |
Publicly Traded (Listed) | No | No |
Bank | No | No |
Tier-1 Licenses | 1 | 1 |
Tier-2 Licenses | 0 | 0 |
Tier-3 Licenses | 0 | 0 |
Tier-4 Licenses | 2 | 1 |
BDSwiss and TopFX both earn 4 out of 5 stars for commissions and fees. In ForexBrokers.com’s 2024 category rankings, BDSwiss sits at #31 of 63 brokers, while TopFX is #41 of 63. On EUR/USD, TopFX’s RAW account delivers lower all-in costs (about 0.88 pips) than BDSwiss’s Raw account (about 1.3 pips). For spread-only pricing, TopFX’s ZERO account averages 1.03 pips, which is tighter than BDSwiss’s Classic account at 1.5 pips and slightly lower than BDSwiss’s VIP at 1.2 pips.
BDSwiss shows good order execution stats, but its spreads are on the high side unless you step up to the VIP or Raw tiers. Pricing highlights: Classic account at 1.5 pips on EUR/USD, VIP at 1.2 pips, and the Raw account at 0.3 pips plus a $5 commission per side, bringing the effective cost to about 1.3 pips.
TopFX offers two structures across MetaTrader and cTrader: the ZERO (spread-only) and the RAW (commission-based). The RAW account charges 2.75 EUR per side (5.50 EUR round turn). In July 2024, the RAW account’s average EUR/USD spread was 0.33 pips; adding the commission (about 0.55 pips per round turn) put the all-in cost near 0.88 pips—around the industry average. The ZERO account is commission-free with an average 1.03-pip spread on EUR/USD for July 2024.
Feature |
![]() |
![]() |
---|---|---|
Minimum Deposit | $10-$5000 | Depends on payment method |
Average Spread EUR/USD - Standard | 1.6 | 1.03 |
All-in Cost EUR/USD - Active | 1.3 | 0.88 |
Active Trader or VIP Discounts | Yes | No |
ACH or SEPA Transfers | Yes | No |
PayPal (Deposit/Withdraw) | No | Yes |
Skrill (Deposit/Withdraw) | Yes | Yes |
Visa/Mastercard (Credit/Debit) | Yes | Yes |
Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
BDSwiss and TopFX both support forex trading, either as CFDs or spot, and each offers copy trading plus crypto derivatives (but not actual, delivered crypto). BDSwiss lists more total instruments overall (1,081 vs 655), while TopFX provides slightly more forex pairs (60 vs 53). Neither broker offers real, exchange-traded stocks on U.S. or international exchanges—access is limited to derivatives for shares and other markets.
For range of investments, BDSwiss earns a higher score (4 stars) and a stronger placement (#35 of 63) compared with TopFX (3.5 stars, #47 of 63) according to ForexBrokers.com. If you want the widest overall selection of markets, BDSwiss has the edge; if your focus is strictly on forex pairs, TopFX holds a small advantage.
Feature |
![]() |
![]() |
---|---|---|
Forex Trading (Spot or CFDs) | Yes | Yes |
Tradeable Symbols (Total) | 1081 | 655 |
Forex Pairs (Total) | 53 | 60 |
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 (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.
BDSwiss and TopFX both offer free demo accounts for simulated trading, plus Windows desktop and web-based trading platforms. BDSwiss stands out with a proprietary platform and supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while TopFX relies on third-party platforms and supports MT4 but not MT5. Both brokers include copy trading and let you place trades directly from charts, covering key needs for everyday traders.
For trading tools, each broker lists 15 chart drawing tools and 7 watch list columns; the number of built-in indicators wasn’t provided. Neither broker offers DupliTrade or ZuluTrade. In ForexBrokers.com’s Trading Platforms and Tools category, both earned 4 stars, with BDSwiss ranked #24 out of 63 brokers and TopFX ranked #46—useful context if platform depth and ease of use are your priorities.
Feature |
![]() |
![]() |
---|---|---|
Virtual Trading (Demo) | Yes | Yes |
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 |
DupliTrade | No | No |
ZuluTrade | No | No |
Charting - Indicators / Studies (Total) | 30 | 30 |
Charting - Drawing Tools (Total) | 15 | 15 |
Charting - Trade From Chart | Yes | Yes |
Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
BDSwiss and TopFX both deliver well-rounded mobile trading apps for iPhone and Android. Each app offers price alerts, real-time quote watchlists, and charting with 30 technical studies. You can draw trendlines, switch among multiple time frames (intraday to weekly), and your chart drawings auto-save—handy for tracking setups on the go.
Neither broker syncs watchlist symbols between the mobile app and the web platform. Ratings are tied at 4 stars for Mobile Trading Apps, but rankings differ: BDSwiss is #24 out of 63 brokers on ForexBrokers.com, while TopFX sits at #52. If industry standing is important to you, BDSwiss has the edge, though both apps cover the core tools most traders expect.
Feature |
![]() |
![]() |
---|---|---|
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.
BDSwiss and TopFX take different paths with their market research. BDSwiss provides daily market commentary and includes popular tools from Autochartist and Trading Central, plus an economic calendar. It does not offer premium news feeds from sources like Bloomberg or Reuters, and it lacks a sentiment tool. BDSwiss does not integrate TipRanks or Acuity Trading. By contrast, TopFX skips daily commentary but supplies premium forex news from top sources, includes both Autochartist and Trading Central, and adds a sentiment tool showing long/short ratios alongside an economic calendar. TopFX’s use of TipRanks or Acuity Trading isn’t specified.
In ratings, BDSwiss earns 4 out of 5 stars for Research and ranks #24 of 63 brokers at ForexBrokers.com, while TopFX scores 3 out of 5 stars and ranks #61 of 63. Choose BDSwiss if you want daily insights paired with well-known analysis tools; pick TopFX if premium news coverage and sentiment data are higher on your list.
Feature |
![]() |
![]() |
---|---|---|
Daily Market Commentary | Yes | No |
Forex News (Top-Tier Sources) | No | Yes |
Autochartist | Yes | Yes |
Trading Central (Recognia) | Yes | Yes |
Social Sentiment - Currency Pairs | No | Yes |
TipRanks | No | |
Signal Centre (Acuity Trading) | No | |
Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
If you’re choosing between BDSwiss and TopFX for beginner trading education, BDSwiss clearly offers more. It delivers a wider library of forex and CFD education, earning 4 out of 5 stars and ranking #22 out of 63 brokers for Education on ForexBrokers.com. By comparison, TopFX holds 3 stars and ranks #62.
BDSwiss provides at least ten forex/CFD educational pieces, runs client webinars at least monthly, and maintains a searchable archive of recorded webinars. It also offers at least ten beginner trading videos, at least ten advanced videos, and an investor dictionary with 50+ terms. TopFX does not meet these benchmarks: it lacks a comparable volume of materials, does not host monthly educational webinars, has no searchable webinar archive, does not offer a large set of beginner or advanced videos, and does not provide a broad investor glossary. For new traders seeking clear, step-by-step learning and on‑demand content, BDSwiss is the more beginner‑friendly choice.
Feature |
![]() |
![]() |
---|---|---|
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 | Yes | No |
Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that BDSwiss is better than TopFX. BDSwiss finished with an overall rank of #36, while TopFX finished with an overall rank of #62.
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.
Feature |
![]() |
![]() |
---|---|---|
Overall Rating |
|
|
Trust Score | 73 | 67 |
Range of Investments |
|
|
Commissions & Fees |
|
|
Platforms & Tools |
|
|
Research |
|
|
Mobile Trading |
|
|
Education |
|
|
Both BDSwiss and TopFX do not provide the option to purchase and deliver actual cryptocurrency, but they both offer the ability to trade cryptocurrency derivatives.
When comparing online brokers BDSwiss and TopFX, BDSwiss supports ACH or SEPA transfers while TopFX does not, TopFX offers PayPal which BDSwiss lacks, and both brokers provide options for Skrill, Visa or Mastercard, and bank wires for depositing or withdrawing account funds.
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.
Select Brokers
↓×Compare
0 of 5Overall Rating | BDSwiss | TopFX | |
---|---|---|---|
Overall Rating |
|
| |
Commissions & Fees |
|
| |
Range of Investments |
|
| |
Platforms & Tools |
|
| |
Mobile Trading |
|
| |
Research |
|
| |
Education |
|
| |
Trust Score | 73 | 67 | |
Winner | check_circle | ||
Review | BDSwiss Review | TopFX Review |
Broker Screenshots | BDSwiss | TopFX | |
---|---|---|---|
Broker Gallery (click to expand) |
Regulation | BDSwiss | TopFX | |
---|---|---|---|
Trust Score | 73 | 67 | |
Year Founded | 2012 | 2010 | |
Publicly Traded (Listed) | No | No | |
Bank | No | No | |
Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
Tier-1 Licenses | 1 | 1 | |
Tier-2 Licenses | 0 | 0 | |
Tier-3 Licenses | 0 | 0 | |
Tier-4 Licenses | 2 | 1 |
Tier-1 Licenses (Highly Trusted) | BDSwiss | TopFX | |
---|---|---|---|
Australia (ASIC Authorised) | No | No | |
Canada (CIRO Authorised) | No | No | |
Hong Kong (SFC Authorised) | No | No | |
Japan (SFC Authorised) | No | No | |
Singapore (MAS Authorised) | No | No | |
Switzerland (FINMA Authorised) | |||
United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
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) | BDSwiss | TopFX | |
---|---|---|---|
Kenya (CMA Authorised) | |||
Israel (ISA Authorised) | No | No | |
South Africa (FSCA Authorised) | No | No | |
UAE (DFSA/Central Bank Authorised) | No | No | |
India (SEBI Authorised) | No | No | |
Jordan (JSC Authorised) |
Investments | BDSwiss | TopFX | |
---|---|---|---|
Forex Trading (Spot or CFDs) | Yes | Yes | |
Tradeable Symbols (Total) | 1081 | 655 | |
Forex Pairs (Total) | 53 | 60 | |
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 (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 | BDSwiss | TopFX | |
---|---|---|---|
Average Spread EUR/USD - Standard | 1.6 | 1.03 | |
All-in Cost EUR/USD - Active | 1.3 | 0.88 | |
Active Trader or VIP Discounts | Yes | No | |
Inactivity Fee | Yes | No | |
Execution: Agency Broker | Yes | No | |
Execution: Market Maker | No | Yes |
Funding | BDSwiss | TopFX | |
---|---|---|---|
Minimum Deposit | $10-$5000 | Depends on payment method | |
PayPal (Deposit/Withdraw) | No | Yes | |
Skrill (Deposit/Withdraw) | Yes | Yes | |
Visa/Mastercard (Credit/Debit) | Yes | Yes | |
Bank Wire (Deposit/Withdraw) | Yes | Yes | |
ACH or SEPA Transfers | Yes | No |
Trading Platforms | 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 | 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 | |
Charts can be saved | Yes | Yes |
Mobile Trading | BDSwiss | TopFX | |
---|---|---|---|
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 | BDSwiss | TopFX | |
---|---|---|---|
Daily Market Commentary | Yes | No | |
Forex News (Top-Tier Sources) | No | Yes | |
Autochartist | Yes | Yes | |
Trading Central (Recognia) | Yes | Yes | |
TipRanks | No | ||
Social Sentiment - Currency Pairs | No | Yes | |
Economic Calendar | Yes | Yes |
Education | BDSwiss | TopFX | |
---|---|---|---|
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 | Yes | No | |
Investor Dictionary (Glossary) | Yes | No |
Major Forex Pairs | 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 | |
Review | BDSwiss Review | TopFX Review |
Overall | BDSwiss | TopFX | |
---|---|---|---|
Overall Rating |
|
| |
Commissions & Fees |
|
| |
Range of Investments |
|
| |
Platforms & Tools |
|
| |
Mobile Trading |
|
| |
Research |
|
| |
Education |
|
| |
Trust Score | 73 | 67 | |
Winner | check_circle | ||
Review | BDSwiss Review | TopFX Review |