Written by ForexBrokers.com
In this head to head comparison of Trade Nation 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.
Trade Nation and BDSwiss are two well-regarded online brokers, each with unique strengths in regulatory compliance. Established in 2014, Trade Nation holds two Tier-1 licenses and one Tier-2 license, reflecting a solid regulatory foundation. Its Trust Score of 85 out of 99 from ForexBrokers.com positions it within the 'trusted' category, providing users with a strong sense of security. Although Trade Nation is not publicly traded or a bank, its regulatory credentials indicate a commitment to maintaining trust in the industry.
BDSwiss, founded in 2012, attracts users by holding one Tier-1 license. However, it does not possess Tier-2 licenses, suggesting a more conservative regulatory approach compared to Trade Nation. With a Trust Score of 73, BDSwiss falls into the 'average risk' category, which might appeal to those who prioritize regulatory oversight in their trading activities. Like Trade Nation, BDSwiss is neither publicly traded nor a bank, allowing them to focus solely on brokerage services.
| Feature |
Trade Nation
|
BDSwiss
|
|---|---|---|
| Year Founded | 2014 | 2012 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
Comparing commissions and fees, Trade Nation generally delivers lower all-in trading costs than BDSwiss, especially on EUR/USD. Trade Nation earns 5 out of 5 stars and ranks #7 out of 63 brokers for Commissions and Fees at ForexBrokers.com, while BDSwiss scores 4 out of 5 stars and ranks #31 out of 63. If you want clearer, more predictable pricing, Trade Nation’s fixed spreads on its proprietary platform often come out cheaper than BDSwiss’s comparable accounts.
Trade Nation uses fixed spreads on its TN Trader platform, listing 0.6 pips on EUR/USD; spreads briefly widen during the daily rollover to as much as 1.4 pips, putting the real-world average closer to about 1 pip. On MetaTrader, you can choose a commission-free account (with higher spreads) or a Raw Spread account that charges $3.50 per side ($7 round-trip) per standard lot. Factoring in all-in costs, TN Trader typically offers the lowest pricing among Trade Nation’s account options.
BDSwiss’s pricing is higher than top low-cost brokers. The Classic account lists 1.5 pips on EUR/USD. The VIP account lowers that to 1.2 pips. For traders who prefer commissions, the Raw account shows 0.3 pips plus a $5 commission per side, for an effective cost of about 1.3 pips. These figures explain why BDSwiss trails Trade Nation in both star rating (4/5 vs. 5/5) and category rank (#31 vs. #7) for Commissions and Fees.
| Feature |
Trade Nation
|
BDSwiss
|
|---|---|---|
| Minimum Deposit | $0 | $10-$5000 |
| Average Spread EUR/USD - Standard | 0.6 | 1.6 |
| All-in Cost EUR/USD - Active | 0.6 | 1.3 |
| Active Trader or VIP Discounts [DELETED] | ||
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) [DELETED] | ||
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Trade Nation vs BDSwiss: Both brokers let you trade forex as CFDs or spot, but BDSwiss edges ahead on variety. BDSwiss lists 1,081 tradeable symbols and 53 forex pairs, while Trade Nation offers 1,000 symbols and 46 pairs. This broader selection is reflected in their Range of Investments ratings from ForexBrokers.com: BDSwiss scores 4 out of 5 stars and ranks 35th out of 63 brokers, compared with Trade Nation’s 3.5 stars and 39th place.
Neither broker supports buying actual U.S. or international shares (non-CFDs), and neither lets you buy delivered cryptocurrency. However, both provide copy trading and access to cryptocurrency derivatives. If having the widest list of markets matters, BDSwiss has a slight advantage; if you’re fine with a large but slightly smaller lineup, Trade Nation remains a solid alternative.
| Feature |
Trade Nation
|
BDSwiss
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 1081 |
| Forex Pairs (Total) | 46 | 53 |
| 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.
Trade Nation and BDSwiss both make it easy to get started with a free demo account and each offers a proprietary platform alongside MetaTrader 4 (MT4). You can trade on Windows desktop or through a web-based platform with either broker, and both support copy trading. A key difference is that BDSwiss also supports MetaTrader 5 (MT5), while Trade Nation does not, which may matter if you want the newer MetaTrader experience and its added features.
When it comes to charting convenience, BDSwiss lets you place trades directly from charts, while Trade Nation does not. According to ForexBrokers.com, both brokers earn 4 stars for Trading Platforms and Tools, though BDSwiss ranks higher at #24 out of 63 brokers compared to Trade Nation at #45. If you want MT5 and chart trading, BDSwiss is the clearer pick; if you’re focused on MT4 with a simple platform lineup and copy trading, Trade Nation remains a solid option. In both cases, try the demo first to see which platform feels right.
| Feature |
Trade Nation
|
BDSwiss
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading 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) | No | Yes |
| DupliTrade [DELETED] | ||
| ZuluTrade [DELETED] | ||
| Charting - Indicators / Studies (Total) | 115 | 30 |
| Charting - Drawing Tools (Total) [DELETED] | ||
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields [DELETED] |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Trade Nation and BDSwiss both deliver mobile trading apps for iPhone and Android, with essentials like real-time watchlists, price alerts, chart trendline drawing, and auto-saved annotations. Each app earns 4 out of 5 stars for Mobile Trading Apps, making them solid choices for traders who want to monitor forex or stocks on the go without losing their chart work.
Where they differ: Trade Nation includes 99 technical studies in its mobile charts and lets you sync watchlists with your online account so changes carry over between devices. BDSwiss offers 30 technical studies and does not sync watchlists, but it holds a stronger category placement, ranking #24 out of 63 brokers for Mobile Trading Apps compared with Trade Nation’s #46. Choose Trade Nation if you value more indicators and synced watchlists, or BDSwiss if a higher third-party ranking matters more to you.
| Feature |
Trade Nation
|
BDSwiss
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 99 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | ||
| Mobile Charting - Trendlines Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Trade Nation and BDSwiss both publish daily market commentary, but their research add-ons differ. For forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, Trade Nation has you covered, while BDSwiss does not. In overall research quality, BDSwiss is rated 4 out of 5 stars and ranked #24 of 63 by ForexBrokers.com; Trade Nation holds 3.5 out of 5 stars and ranks #43 of 63.
When it comes to tools, BDSwiss integrates Autochartist and Trading Central for screening, pattern recognition, and analyst insights, and it also provides an economic calendar. Trade Nation offers a sentiment tool that shows long/short positioning and includes Acuity Trading resources (such as Signal Centre), but it does not include Autochartist, Trading Central, or an economic calendar. Neither broker offers TipRanks. Choose BDSwiss if you want Trading Central and Autochartist with a calendar; pick Trade Nation if top-tier news coverage and sentiment-based ideas are your priority.
| Feature |
Trade Nation
|
BDSwiss
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | No | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner forex and CFD education, both Trade Nation and BDSwiss offer sizable video libraries. Each provides at least 10 beginner-focused trading videos plus 10 more for advanced topics, making self-paced learning simple. Where they differ is live training: Trade Nation does not run monthly client webinars, while BDSwiss hosts them at least once a month—useful if you prefer interactive sessions and the chance to ask questions in real time.
Based on education quality, BDSwiss earns 4 out of 5 stars and ranks #22 out of 63 brokers at ForexBrokers.com, edging out Trade Nation’s 3.5 stars and #41 ranking. In short, BDSwiss is a better fit if you want ongoing live webinars alongside videos; Trade Nation suits beginners who are happy with on-demand video lessons for building their trading know-how.
| Feature |
Trade Nation
|
BDSwiss
|
|---|---|---|
| Education (Forex or CFDs) | ||
| Webinars | No | Yes |
| Client Webinars (Archived) [DELETED] | ||
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) [DELETED] |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Trade Nation is better than BDSwiss. Trade Nation finished with an overall rank of #34, while BDSwiss finished with an overall rank of #36.
Trade Nation’s well-designed, easy-to-use trading app is an innovative trading platform that’s great for beginner forex and CFD traders. However, if you’re a seasoned trader, you may find that Trade Nation lacks advanced features compared to the best trading platforms.
| Feature |
Trade Nation
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BDSwiss
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| Trust Score | 85 | 73 |
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Both Trade Nation and BDSwiss provide opportunities for investors to engage in cryptocurrency trading through derivatives rather than purchasing actual, delivered cryptocurrencies.
Comparing online brokers Trade Nation vs BDSwiss: both support Skrill and bank wire deposits/withdrawals, only BDSwiss offers ACH/SEPA transfers, neither supports PayPal, and Visa/Mastercard availability is unspecified.
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 | Trade Nation | BDSwiss | |
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| Trust Score | 85 | 73 | |
| Winner | check_circle | ||
| Review | Trade Nation Review | BDSwiss Review |
| Broker Screenshots | Trade Nation | BDSwiss | |
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| Regulation | Trade Nation | BDSwiss | |
|---|---|---|---|
| Trust Score | 85 | 73 | |
| Year Founded | 2014 | 2012 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | Trade Nation | BDSwiss | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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 | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | Trade Nation | BDSwiss | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Trade Nation | BDSwiss | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 1081 | |
| Forex Pairs (Total) | 46 | 53 | |
| 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 | Trade Nation | BDSwiss | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.6 | 1.6 | |
| All-in Cost EUR/USD - Active | 0.6 | 1.3 | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | No |
| Funding | Trade Nation | BDSwiss | |
|---|---|---|---|
| Minimum Deposit | $0 | $10-$5000 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | Yes |
| Trading Platforms | Trade Nation | BDSwiss | |
|---|---|---|---|
| Proprietary Desktop Trading 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) | No | Yes | |
| cTrader | No | No |
| Trading Tools | Trade Nation | BDSwiss | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 115 | 30 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | No | Yes |
| Mobile Trading | Trade Nation | BDSwiss | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 99 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | Trade Nation | BDSwiss | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | No | Yes |
| Education | Trade Nation | BDSwiss | |
|---|---|---|---|
| Webinars | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | Trade Nation | 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 | Trade Nation Review | BDSwiss Review |
| Overall | Trade Nation | BDSwiss | |
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| Trust Score | 85 | 73 | |
| Winner | check_circle | ||
| Review | Trade Nation Review | BDSwiss Review |
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