Written by ForexBrokers.com
In this head to head comparison of BDSwiss vs FXGT.com, 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.
BDSwiss, established in 2012, is an online broker that's not publicly traded or a bank. It holds a Tier-1 license, which ForexBrokers.com regards as highly trusted. However, it lacks Tier-2 licenses. This brokerage has a Trust Score of 73, categorizing it as average risk according to ForexBrokers.com. While BDSwiss isn't listed on any stock exchange, it maintains a commendable reputation by securing essential regulatory approvals.
FXGT.com, founded in 2019, mirrors BDSwiss in that it is also not publicly traded nor a bank. It possesses one Tier-1 and one Tier-2 license, collectively marking it as a trusted broker. However, it has a ForexBrokers.com Trust Score of 69, placing it in the high-risk category. This indicates a lower level of trust compared to BDSwiss. Despite these differences, FXGT.com has taken significant steps to adhere to licensing regulations, offering some level of assurance for traders.
| Feature |
BDSwiss
|
FXGT.com
|
|---|---|---|
| Year Founded | 2012 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
When comparing BDSwiss and FXGT.com in terms of commissions and fees, BDSwiss garners a higher ranking with a 4-star rating from ForexBrokers.com, placing it at #29 out of 62 brokers. BDSwiss offers varied account options, with its Classic account featuring spreads of 1.5 pips on EUR/USD, which may be considered costly compared to leading competitors. Meanwhile, their Raw account presents a more competitive offering with a spread of 0.3 pips plus a commission of $5 per side, resulting in an effective spread of 1.3 pips. The VIP account offers an attractive spread of 1.2 pips, providing better value for frequent traders.
In contrast, FXGT.com holds a slightly lower position with a 3.5-star rating and a ranking of #55 among 62 brokers. While specific average spread data is not readily available for FXGT.com, traders may find its fee structure less transparent compared to BDSwiss. This lack of detailed spread information might make it challenging for potential clients to gauge the true cost-effectiveness of trading with FXGT.com.
Overall, BDSwiss emerges as the more favorable option for traders who prioritize comprehensive information and competitive spreads. With clearer statistics and an ability to cater to different trading needs through their varied account offerings, BDSwiss may appeal to those seeking a balance between cost and transparency. FXGT.com, while potentially suitable for traders seeking different features, lacks detailed clarity on its fees, possibly affecting its appeal in direct comparison.
| Feature |
BDSwiss
|
FXGT.com
|
|---|---|---|
| Minimum Deposit | $10-$5000 | $5 |
| Average Spread EUR/USD - Standard | 1.6 | N/A |
| All-in Cost EUR/USD - Active | 1.3 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
BDSwiss and FXGT.com both offer forex trading as Contracts for Difference (CFDs), with each platform providing access to 53 tradeable forex pairs. However, BDSwiss excels in the variety of tradeable symbols it offers, totaling 1081, compared to FXGT.com's 117 symbols. Neither broker provides access to actual exchange-traded securities on U.S. or international exchanges, such as shares of Apple or Vodafone. Both platforms offer copy trading functionality and the ability to trade cryptocurrency derivatives, though neither allows the purchase of real cryptocurrencies.
When it comes to the range of investments, BDSwiss is rated higher with four out of five stars, ranking 34th out of 62 brokers, which is a testament to its broader selection of tradeable assets. On the other hand, FXGT.com receives three stars and ranks 60th in the same category. While both brokers provide similar features in forex and crypto derivatives trading, BDSwiss stands out with its more extensive range of investment options overall.
| Feature |
BDSwiss
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1081 | 117 |
| Forex Pairs (Total) | 53 | 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.
When comparing BDSwiss and FXGT.com, both offer users access to simulated or demo accounts, which is excellent for beginners looking to practice without financial risk. BDSwiss stands out with its proprietary platform, offering a unique experience tailored by the broker, while FXGT.com relies solely on established platforms like MetaTrader 4 and 5. Both brokers provide Windows-based and web-based platforms, supporting flexibility for trading from different devices. They also support copy trading, allowing users to mimic successful traders, using widely respected platforms such as MT4 and MT5. However, neither offers DupliTrade or ZuluTrade.
For charting and analysis, FXGT.com outshines BDSwiss by offering 23 drawing tools compared to BDSwiss's 15. Both enable trading directly from stock charts, but BDSwiss offers more columns for customizing watch lists, giving it a slight edge in terms of personalization. While they both share a four-star rating for trading platforms and tools, BDSwiss ranks higher overall, at #24 out of 62 brokers, compared to FXGT.com's #56 ranking with ForexBrokers.com. This suggests BDSwiss might provide a more refined trading experience for those looking for a broker with innovative features and customization options.
| Feature |
BDSwiss
|
FXGT.com
|
|---|---|---|
| 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 | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 37 |
| Charting - Drawing Tools (Total) | 15 | 23 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 5 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both BDSwiss and FXGT.com offer mobile trading solutions compatible with iPhone and Android devices, simplifying trading on the go. Their apps allow investors to stay informed with price alerts for both stocks and forex, letting users react promptly to market movements. When it comes to charting features, both platforms equip traders with 30 technical studies and the essential opportunity to draw trendlines and view multiple time frames, whether daily, weekly, or intraday. Each app also ensures convenience with auto-saving of chart drawings and lets users create watchlists with real-time quotes, enhancing the mobile trading experience.
The key difference lies in watchlist synchronization: FXGT.com stands out by offering a seamless sync between the mobile app and the user's online account, an element BDSwiss lacks. In terms of user ratings and overall rankings, BDSwiss holds a slight edge with a 4-star rating and ranks 23rd among 62 brokers for mobile trading apps according to ForexBrokers.com. FXGT.com, meanwhile, is rated at 3.5 stars and positioned at 58th place. Ultimately, both apps provide valuable tools for mobile traders, but those requiring synchronized watchlists might favor FXGT.com, while others might prefer BDSwiss for its higher user satisfaction and ranking.
| Feature |
BDSwiss
|
FXGT.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| 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 comparing BDSwiss and FXGT.com in terms of market research tools, BDSwiss stands out with its daily market commentary, offering traders timely insights they can leverage for informed decision-making. BDSwiss also provides access to advanced technical and fundamental analysis tools from renowned companies such as Autochartist and Trading Central, which offer additional analytical advantages. Meanwhile, FXGT.com, while lacking these specific resources, provides a sentiment-based trading tool that helps traders gauge market trends by showing the ratio of long or short positions across currency pairs.
Both platforms offer an economic calendar that keeps traders updated on important global news events, a vital tool for any trader aiming to anticipate market movements. However, BDSwiss leads with a stronger research reputation, receiving a 4-star rating and the 23rd rank out of 62 brokers on ForexBrokers.com, compared to FXGT.com's 3-star rating and 56th rank. Although neither broker offers research from top-tier sources like Bloomberg or Reuters, traders might find BDSwiss's superior research ranking more reassuring for comprehensive market analysis.
| Feature |
BDSwiss
|
FXGT.com
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, BDSwiss clearly stands out compared to FXGT.com. BDSwiss offers a rich selection of over ten educational pieces covering forex and CFDs, including articles, videos, and archived webinars. Additionally, they enable learning with frequent online webinars accessible monthly, and also provide a searchable archive for those who appreciate flexibility in their learning schedule. On the other hand, FXGT.com falls short in these areas, lacking the minimum educational pieces and regular webinars that can greatly benefit beginners. BDSwiss strengthens its educational offering with a collection of beginner and advanced instructional videos, making it easier for users to grasp trading concepts, while FXGT.com does not match this provision.
Both BDSwiss and FXGT.com offer an investor dictionary to help demystify investing terms, but BDSwiss excels further across educational metrics. Reflecting this, BDSwiss receives a commendable four stars for education while FXGT.com earns three. Such a difference is underscored by the rankings from ForexBrokers.com, where BDSwiss holds a respectable 19th position out of 62 brokers, while FXGT.com trails significantly at 59th. For those prioritizing educational resources and support, BDSwiss emerges as the more informative platform for novice traders eager to enhance their forex and CFD trading skills.
| Feature |
BDSwiss
|
FXGT.com
|
|---|---|---|
| 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 | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that BDSwiss is better than FXGT.com. BDSwiss finished with an overall rank of #36, while FXGT.com finished with an overall rank of #58.
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 |
BDSwiss
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FXGT.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 73 | 69 |
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Both BDSwiss and FXGT.com do not provide the option to purchase actual cryptocurrencies, but they offer the ability to trade cryptocurrency derivatives.
Both BDSwiss and FXGT.com support ACH and SEPA transfers, Visa or Mastercard, and bank wire options for depositing or withdrawing account funds, whereas BDSwiss additionally supports Skrill, while neither offers PayPal as a payment method.
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 | BDSwiss | FXGT.com | |
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| Trust Score | 73 | 69 | |
| Winner | check_circle | ||
| Review | BDSwiss Review |
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| Regulation | BDSwiss | FXGT.com | |
|---|---|---|---|
| Trust Score | 73 | 69 | |
| Year Founded | 2012 | 2019 | |
| 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 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | BDSwiss | FXGT.com | |
|---|---|---|---|
| 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) | 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 | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | BDSwiss | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1081 | 117 | |
| Forex Pairs (Total) | 53 | 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 | BDSwiss | FXGT.com | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.6 | N/A | |
| All-in Cost EUR/USD - Active | 1.3 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | No | Yes |
| Funding | BDSwiss | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | $10-$5000 | $5 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | BDSwiss | FXGT.com | |
|---|---|---|---|
| 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 | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | BDSwiss | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 5 | |
| Charting - Indicators / Studies (Total) | 30 | 37 | |
| Charting - Drawing Tools (Total) | 15 | 23 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BDSwiss | FXGT.com | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| 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 | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | BDSwiss | FXGT.com | |
|---|---|---|---|
| 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 | Yes |
| Major Forex Pairs | BDSwiss | FXGT.com | |
|---|---|---|---|
| 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 |
| Overall | BDSwiss | FXGT.com | |
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| Trust Score | 73 | 69 | |
| Winner | check_circle | ||
| Review | BDSwiss Review |
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