Written by ForexBrokers.com
In this head to head comparison of BlackBull Markets 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.
When comparing BlackBull Markets and BDSwiss, potential investors will note both brokers began operations in the last decade, with BlackBull Markets founded in 2014 and BDSwiss in 2012. Neither firm is listed on a stock exchange, nor do they operate as banks, which means they are independent brokerage companies. Both brokers hold a single Tier-1 license, which is a level of regulation deemed highly trusted. However, neither firm has Tier-2 licenses, indicating a similar regulatory reach beyond their primary jurisdiction.
In terms of trust, ForexBrokers.com gives BlackBull Markets a Trust Score of 78, placing it in the average risk category. BDSwiss has a slightly lower Trust Score of 73, also within the average risk range. While both brokers are seen as carrying a moderate level of risk, BlackBull Markets has a slight edge in perceived trustworthiness based on these ratings. When choosing between these brokers, users should consider how the trust scores and regulatory licenses align with their personal needs and preferences.
| Feature |
BlackBull Markets
|
BDSwiss
|
|---|---|---|
| Year Founded | 2014 | 2012 |
| 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 | 1 | 2 |
When comparing online brokers BlackBull Markets and BDSwiss based on commissions and fees, traders will find notable differences in their account structures and costs. BlackBull Markets offers three account types, with its Prime account standing out due to competitive trading costs. The average spread for the EUR/USD pair on the Prime account is 0.16, with an all-in cost of 0.76 when factoring in a per-side commission of $6 per 10,000 traded. This makes it more attractive compared to the commission-free Standard account that comes with higher spreads. For more seasoned traders, the ECN Institutional account requires a minimum deposit of $20,000, offering very low spreads with a commission of $4 per round turn.
On the other hand, BDSwiss provides a tiered account structure with its fee performance slightly different from BlackBull. The Classic account offers a spread of 1.5 pips for EUR/USD, which is relatively high. For those looking to manage costs more effectively, the Raw account presents spreads of 0.3 pips coupled with a $5 commission per side, equating to a total effective spread of 1.3 pips. The VIP account offers a slightly reduced spread at 1.2 pips, positioning itself as a mid-tier option in BDSwiss's lineup.
In terms of ratings, BlackBull Markets receives a commendable 4.5 stars for its commissions and fees and ranks #19 out of 62 brokers in the Commissions and Fees category on ForexBrokers.com. Meanwhile, BDSwiss, though still competitive, holds a 4-star rating and is positioned at #29 among the same group of brokers. These ratings reflect their respective competitive standings within the forex trading landscape.
| Feature |
BlackBull Markets
|
BDSwiss
|
|---|---|---|
| Minimum Deposit | $0 | $10-$5000 |
| Average Spread EUR/USD - Standard | 0.76 | 1.6 |
| All-in Cost EUR/USD - Active | 0.76 | 1.3 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
BlackBull Markets stands out with an impressive offering of 26,000 tradeable symbols, significantly surpassing BDSwiss's selection of 1,081. This extensive range allows investors to explore varied opportunities, including 72 forex pairs compared to BDSwiss's offering of 53. Furthermore, BlackBull Markets provides access to exchange-traded securities on both U.S. and international exchanges, enabling clients to buy real shares like Apple and Vodafone, a feature that BDSwiss does not provide. Both platforms support forex trading as CFDs or spot contracts and offer cryptocurrency derivatives, though neither allows purchasing actual cryptocurrencies.
In terms of additional features, both brokers offer copy trading, allowing investors to mimic successful trading strategies. When it comes to their reputation for the range of investments, BlackBull Markets receives a glowing 5-star rating and ranks 6th out of 62 brokers on ForexBrokers.com. BDSwiss, on the other hand, garners a respectable 4-star rating but ranks 34th in the same category. This comparison underscores BlackBull Markets' broader and more diverse investment offerings, making it a compelling choice for those seeking expansive trading options.
| Feature |
BlackBull Markets
|
BDSwiss
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 26000 | 1081 |
| Forex Pairs (Total) | 72 | 53 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | 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.
When comparing the trading platforms and tools of BlackBull Markets and BDSwiss, both brokers offer compelling options for traders. BlackBull Markets provides well-known platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with a Windows-based desktop download and web-based platform for seamless trading experiences. BDSwiss, much like BlackBull Markets, supports MT4 and MT5 and extends its offering with a proprietary platform developed in-house. Both brokers support copy trading and provide simulated paper trading through free virtual demo accounts, making them accessible to beginners and those looking to test strategies. However, ZuluTrade is a unique offering by BlackBull Markets, providing advanced copy trading possibilities that BDSwiss does not offer.
Charting tools and features are essential for most traders, and here BlackBull Markets stands out with 60 drawing tools, compared to BDSwiss's 15. Both brokers make trading directly from stock charts possible, which enhances the trading experience. Watch lists are customizable, with BDSwiss offering one more column for fields than BlackBull Markets. In terms of ratings, both brokers receive four stars for their trading platforms and tools, though BDSwiss slightly edges out BlackBull Markets, ranked 24th compared to 28th among 62 brokers. Overall, both BlackBull Markets and BDSwiss provide solid trading environments, each with unique features catering to different trading preferences.
| Feature |
BlackBull Markets
|
BDSwiss
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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 | Yes |
| DupliTrade | No | No |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 109 | 30 |
| Charting - Drawing Tools (Total) | 60 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
BlackBull Markets and BDSwiss both offer mobile trading apps designed for iPhone and Android users, enabling seamless access to the stock and forex markets. These apps include vital features like price alerts and trendline drawing capabilities, ensuring that users are well-equipped to navigate the financial landscape on the go. Charts on both apps offer the ability to view multiple time frames and provide access to 30 technical studies, which can be pivotal for those making informed trading decisions. Auto-saving of chart drawings ensures that users don't lose their annotations, enhancing the user experience further. Both apps also support the creation of watchlists with real-time quotes, catering to the needs of active traders.
A point of differentiation lies in watchlist synchronization. BlackBull Markets allows watchlist symbol syncing between its mobile app and online accounts, providing a cohesive experience across platforms. In contrast, BDSwiss lacks this feature. Despite these nuances, both apps have garnered a rating of four out of five stars for their performance. However, in rankings by ForexBrokers.com, BDSwiss holds a slightly higher position at #23, compared to BlackBull Markets at #30. This suggests that while both apps offer substantial functionality, BDSwiss might edge out slightly in certain areas for some users.
| Feature |
BlackBull Markets
|
BDSwiss
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | 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.
When it comes to market research offerings, both BlackBull Markets and BDSwiss deliver daily market commentary to keep traders informed. However, neither broker provides forex news from top-tier sources like Bloomberg or Reuters. Both brokers incorporate Autochartist tools for technical and fundamental analysis, giving traders robust options for generating insights. Despite this similarity, they differ in their inclusion of Trading Central tools—available at BDSwiss but not BlackBull Markets. On the flip side, BlackBull Markets offers sentiment-based trading tools that are not available with BDSwiss, providing a unique perspective on market positioning across various instruments.
Although neither broker partners with TipRanks or Acuity Trading for additional market insights, they both manage to facilitate strategic planning by offering economic calendars that outline significant global news events. Both brokers achieve a four-star rating for research, yet BlackBull Markets holds a slight edge, ranking 18th among 62 brokers, compared to BDSwiss's 23rd position according to ForexBrokers.com. This slight difference in ranking could be a decisive factor for traders prioritizing research capabilities.
| Feature |
BlackBull Markets
|
BDSwiss
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | Yes | Yes |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing educational resources for beginners between BlackBull Markets and BDSwiss, both online brokers shine in their offerings. They each provide a minimum of 10 educational pieces focused on forex and CFDs, such as articles, videos, and webinars. Both platforms also host at least one online webinar per month, giving users the opportunity to engage with educational content regularly. Additionally, they offer a searchable archive of past webinars, allowing users to revisit the material at their convenience. For those just starting out, each provider offers at least 10 beginner-oriented trading videos and a comprehensive investor dictionary featuring over 50 investing terms.
For more advanced traders, BlackBull Markets and BDSwiss both present at least 10 educational videos tailored for experienced individuals looking to deepen their trading knowledge. Despite their similar offerings, BDSwiss holds a slightly higher educational ranking at #19 compared to BlackBull Markets' #29 on ForexBrokers.com, despite both sharing a four-star rating for education. This suggests that while both brokers offer extensive educational resources, BDSwiss may have a slight edge in the educational category according to this specific ranking.
| Feature |
BlackBull Markets
|
BDSwiss
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that BlackBull Markets is better than BDSwiss. BlackBull Markets finished with an overall rank of #24, while BDSwiss finished with an overall rank of #36.
BlackBull Markets is a plain-vanilla MetaTrader broker with a growing range of products and support for a handful of third-party social copy trading platforms.
| Feature |
BlackBull Markets
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BDSwiss
|
|---|---|---|
| Overall Rating |
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| Trust Score | 78 | 73 |
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Both BlackBull Markets and BDSwiss do not offer the ability to purchase actual delivered cryptocurrency, yet they both provide options for trading cryptocurrency derivatives, offering investors the flexibility to engage in speculative trading without owning the digital assets themselves.
In comparing online brokers BlackBull Markets and BDSwiss, both platforms support Skrill, Visa, Mastercard, and bank wires for deposits and withdrawals, but only BDSwiss offers ACH and SEPA transfers, while neither supports PayPal.
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 | BlackBull Markets | BDSwiss | |
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| Trust Score | 78 | 73 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | BDSwiss Review |
| Broker Screenshots | BlackBull Markets | BDSwiss | |
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| Regulation | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Trust Score | 78 | 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 | 1 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| 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) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| 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) | No | No |
| Investments | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 26000 | 1081 | |
| Forex Pairs (Total) | 72 | 53 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | 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 | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.76 | 1.6 | |
| All-in Cost EUR/USD - Active | 0.76 | 1.3 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | No |
| Funding | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Minimum Deposit | $0 | $10-$5000 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Proprietary Platform | No | 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 | Yes | |
| cTrader | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | Yes | No |
| Trading Tools | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 109 | 30 | |
| Charting - Drawing Tools (Total) | 60 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | 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 | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | BlackBull Markets | BDSwiss | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | BlackBull Markets | 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 | BlackBull Markets Review | BDSwiss Review |
| Overall | BlackBull Markets | BDSwiss | |
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| Trust Score | 78 | 73 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | BDSwiss Review |
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