Written by ForexBrokers.com
In this head to head comparison of BDSwiss vs Spreadex, 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 BDSwiss and Spreadex, it's essential to consider their trustworthiness and regulatory insights. Founded in 2012, BDSwiss holds one Tier-1 license, indicating a high level of trust, and has a Trust Score of 73 according to ForexBrokers.com. In contrast, Spreadex, established in 1999, also possesses one Tier-1 license but holds a slightly lower Trust Score of 71. These scores place both brokers in the average risk category, suggesting a reasonable level of confidence for online trading.
Neither BDSwiss nor Spreadex is publicly traded or operates as a bank, providing a similar groundwork in their business operations. With the lack of Tier-2 licenses, which are considered trusted, potential users should weigh these factors alongside personal preferences and trading needs when selecting an online broker. Both platforms present comparable levels of trust and regulation adherence, making them viable options for traders.
| Feature |
BDSwiss
|
Spreadex
|
|---|---|---|
| Year Founded | 2012 | 1999 |
| 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 | 0 |
When comparing the commissions and fees of online brokers BDSwiss and Spreadex, both offer solid services but differ in their pricing structures. BDSwiss provides good order execution, yet their spreads are higher compared to industry leaders. For their Classic account, BDSwiss charges a spread of 1.5 pips on EUR/USD, which is on the pricier side. Their Raw account features a more competitive offering with a spread of 0.3 pips plus a $5 commission per side, resulting in an effective spread of 1.3 pips. The VIP account provides a slightly better spread of 1.2 pips. BDSwiss has been rated 4 out of 5 stars for their commissions and fees and is ranked #30 out of 62 brokers in this category by ForexBrokers.com.
Spreadex, on the other hand, reported average spreads of 0.81 pips for EUR/USD in January 2024, with a minimum spread of 0.6 pips being achieved 60% of the time during that month. This more competitive pricing model might appeal to cost-conscious traders seeking tighter spreads. Spreadex also earns a 4 out of 5 stars rating for its commissions and fees, ranking slightly higher than BDSwiss, at #27 out of 62 brokers, according to ForexBrokers.com.
In summary, both BDSwiss and Spreadex offer commendable services with slight differences in pricing strategies for the EUR/USD currency pair. While BDSwiss provides various account options, each with its unique spread and commission structure, Spreadex stands out with consistently lower average spreads, making it a worthy consideration for traders focused on minimizing transaction costs. Both brokers maintain competitive ratings and rankings, ensuring reliable choices for individuals seeking efficient trading platforms.
| Feature |
BDSwiss
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $10-$5000 | $0 |
| Average Spread EUR/USD - Standard | 1.6 | 0.81 |
| All-in Cost EUR/USD - Active | 1.3 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| 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.
When comparing the range of investments offered by online brokers BDSwiss and Spreadex, both platforms provide forex trading opportunities through CFDs or spot contracts. BDSwiss houses a selection of 1,081 tradeable symbols, including 53 forex pairs, while Spreadex stands out with a vast array of 10,000 tradeable symbols, including 52 forex pairs. Neither broker allows for direct investment in exchange-traded securities on U.S. or international exchanges, which means options like buying shares of Apple or Vodafone are not available directly through them. However, both platforms support trading cryptocurrency derivatives, though neither offers actual cryptocurrency purchases.
For those interested in copying trades, BDSwiss offers this feature, whereas Spreadex does not. Despite BDSwiss providing a comprehensive variety of investment options and earning a respectable four-star rating, Spreadex receives a higher five-star rating for its broader spectrum of available investments. According to ForexBrokers.com, BDSwiss ranks 34th out of 62 brokers, while Spreadex ranks a notable 13th, reflecting its more extensive investment offerings. Overall, Spreadex presents a wider selection of tradeable assets, making it a compelling choice for traders seeking more diverse investment opportunities.
| Feature |
BDSwiss
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1081 | 10000 |
| Forex Pairs (Total) | 53 | 52 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | No |
| 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 Spreadex, both brokers stand out with their platforms and tools, making them appealing to traders of various levels. BDSwiss provides a more comprehensive range with its in-house developed platform available as both a downloadable Windows-based application and a web-based option, while Spreadex only offers a proprietary web-based platform. Both brokers allow users to practice through free virtual demo accounts. However, BDSwiss takes a step further by supporting popular external platforms, MetaTrader 4 and MetaTrader 5, whereas Spreadex does not. Those interested in copy trading will find BDSwiss more attractive since it offers this feature, which is missing in Spreadex’s offering.
Chart enthusiasts will appreciate BDSwiss for its inclusion of more drawing tools compared to Spreadex, with 15 versus 11. Yet, Spreadex provides slightly more customization in watch lists with eight fields compared to BDSwiss’s seven. Both platforms allow for direct trading from stock charts. Despite offering different strengths, BDSwiss edges out slightly in performance ranking, securing the 24th spot in ForexBrokers.com’s Trading Platforms and Tools category, against Spreadex's 46th place. Both brokers, however, receive solid scoring for their platforms, each earning a rating of four stars out of five.
| Feature |
BDSwiss
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 58 |
| Charting - Drawing Tools (Total) | 15 | 11 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 8 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of BDSwiss and Spreadex, both platforms offer iPhone and Android apps, along with features like stock and forex price alerts, multiple time frame viewing options, and the ability to create watchlists with real-time quotes. While both apps allow drawing trendlines on charts, only BDSwiss’s app auto-saves these drawings.
BDSwiss stands out by offering 30 technical studies for charting, a feature not detailed for Spreadex. Neither app provides watchlist symbol syncing between the mobile app and the client's online account. In terms of user satisfaction, both apps are rated 4 out of 5 stars for their mobile trading experience. However, BDSwiss ranks higher at #24 in ForexBrokers.com's mobile trading apps category among 62 brokers, while Spreadex is ranked at #46.
| Feature |
BDSwiss
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both BDSwiss and Spreadex offer comprehensive daily market commentaries, ensuring that traders stay informed about the latest market trends. While Spreadex provides forex news from top-tier sources like Bloomberg and Reuters, BDSwiss does not include such offerings in its portfolio. Both brokers utilize Autochartist’s technical analysis tools, though BDSwiss goes a step further by incorporating Technical Analytics from Trading Central, which Spreadex lacks. Interestingly, Spreadex provides a sentiment trading tool to show the ratios of long or short positions, a feature not available with BDSwiss.
Neither BDSwiss nor Spreadex integrates market research tools from TipRanks or Acuity Trading. They both offer economic calendars displaying key news events around the globe. In terms of research ratings, both brokers receive 4 out of 5 stars, but there’s a slight edge in ranking as BDSwiss holds the #24 spot compared to Spreadex at #31, highlighting BDSwiss’ slight superiority in research capabilities.
| Feature |
BDSwiss
|
Spreadex
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | Yes |
| 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 providing educational resources for beginners, both BDSwiss and Spreadex deliver essential materials to help newcomers navigate forex and CFDs. Each broker offers a minimum of 10 educational pieces, such as articles, videos, and archived webinars. While both platforms have a similar foundation, BDSwiss stands out by hosting monthly online educational webinars, giving beginners an interactive learning experience that Spreadex does not provide. Additionally, BDSwiss has a searchable archive of these webinars, allowing users to catch up on lessons they might have missed.
Both BDSwiss and Spreadex offer over ten beginner-focused educational videos tailored to those new to trading. However, BDSwiss goes a step further by also offering advanced educational videos for more experienced traders, something Spreadex lacks. Each platform provides an investor dictionary with definitions of at least 50 investing terms, ensuring users understand the jargon. With these features combined, BDSwiss slightly edges ahead in the rankings, securing the 19th spot compared to Spreadex's 45th position. Despite having the same four-star rating for education, BDSwiss offers a more comprehensive array of resources for those looking to deepen their trading knowledge.
| Feature |
BDSwiss
|
Spreadex
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| 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 Spreadex. BDSwiss finished with an overall rank of #36, while Spreadex finished with an overall rank of #39.
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
|
Spreadex
|
|---|---|---|
| Overall Rating |
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| Trust Score | 73 | 71 |
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Both BDSwiss and Spreadex do not provide the option to buy actual delivered cryptocurrency, but they both offer the ability to trade cryptocurrency derivatives.
BDSwiss and Spreadex both allow Visa, Mastercard, and bank wire transactions for deposits and withdrawals, but BDSwiss uniquely supports ACH, SEPA, and Skrill, whereas Spreadex does not offer these options, and neither platform provides PayPal support.
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 | Spreadex | |
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| Trust Score | 73 | 71 | |
| Winner | check_circle | ||
| Review | BDSwiss Review | Spreadex Review |
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| Regulation | BDSwiss | Spreadex | |
|---|---|---|---|
| Trust Score | 73 | 71 | |
| Year Founded | 2012 | 1999 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | BDSwiss | Spreadex | |
|---|---|---|---|
| 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 | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | BDSwiss | Spreadex | |
|---|---|---|---|
| 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 | BDSwiss | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1081 | 10000 | |
| Forex Pairs (Total) | 53 | 52 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | No | |
| 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 | Spreadex | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.6 | 0.81 | |
| 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 | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $10-$5000 | $0 | |
| 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 | No |
| Trading Platforms | BDSwiss | Spreadex | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | BDSwiss | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 8 | |
| Charting - Indicators / Studies (Total) | 30 | 58 | |
| Charting - Drawing Tools (Total) | 15 | 11 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BDSwiss | Spreadex | |
|---|---|---|---|
| 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 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | BDSwiss | Spreadex | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | BDSwiss | Spreadex | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | BDSwiss | Spreadex | |
|---|---|---|---|
| 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 | Spreadex Review |
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| Trust Score | 73 | 71 | |
| Winner | check_circle | ||
| Review | BDSwiss Review | Spreadex Review |
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