Written by ForexBrokers.com
In this head to head comparison of Swissquote 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.
Founded in 1996, Swissquote is an established online broker that also operates as a bank and is publicly traded, reflecting its commitment to transparency and security. With an impressive Trust Score of 99, it holds five top-tier regulatory licenses and one second-tier license, affirming its status as a highly trusted broker. These credentials underscore Swissquote's dedication to providing a secure trading environment for its clients.
In contrast, BDSwiss, which started in 2012, is not publicly traded and does not function as a bank. It holds one top-tier regulatory license, earning it a Trust Score of 73, placing it in the average risk category. While BDSwiss has made strides in the industry, its regulatory credentials and trust rating reflect a moderate level of assurance compared to Swissquote.
| Feature |
Swissquote
|
BDSwiss
|
|---|---|---|
| Year Founded | 1996 | 2012 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 5 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
When evaluating the commissions and fees of Swissquote and BDSwiss, there are notable differences to consider, particularly for traders prioritizing cost-efficiency. Swissquote, a renowned Swiss banking entity, offers varied pricing across its U.K., Luxembourg, and Swiss branches. The U.K. accounts are the most economical, featuring four distinct account options. Among these, the Elite account is highlighted for active traders, offering a commission-based pricing model with lower spreads starting from 0.6 pips and a $5 commission per trade. However, standard accounts at Swissquote come with higher spreads, making it less competitive in cost compared to some peers.
BDSwiss displays a more straightforward pricing structure, yet it excels with a stronger overall rating of 4 stars for its commissions and fees compared to Swissquote's 3.5 stars. BDSwiss offers three primary account types: Classic, Raw, and VIP. The Raw account is particularly attractive, providing spreads from 0.3 pips per side, plus a $5 commission per trade, resulting in an effective spread of 1.3 pips. Notably, the VIP account comes in at a slightly lower spread of 1.2 pips. Despite its higher-than-average spreads in some categories, BDSwiss is ranked #29 out of 62 brokers by ForexBrokers.com, surpassing Swissquote, which holds the #52 spot.
In summary, both Swissquote and BDSwiss offer unique benefits and pricing structures, catering to different types of traders. While Swissquote provides the security and prestige of a Swiss bank, its costs are generally higher, especially for lower-tier accounts. On the other hand, BDSwiss may not be the absolute lowest-cost broker but stands as a more cost-effective choice according to ratings and rankings, appealing to traders seeking competitive pricing with good execution statistics.
| Feature |
Swissquote
|
BDSwiss
|
|---|---|---|
| Minimum Deposit | $1000 | $10-$5000 |
| Average Spread EUR/USD - Standard | N/A | 1.6 |
| All-in Cost EUR/USD - Active | N/A | 1.3 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | 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.
When comparing the investment options available through Swissquote and BDSwiss, both platforms offer a compelling array of choices, though they cater to slightly different needs. Swissquote provides users with access to 472 tradeable symbols, including 80 forex pairs, and distinctive features like trading U.S. and international exchange-traded securities, meaning you can buy shares of companies like Apple and Vodafone. In contrast, BDSwiss offers 1,081 tradeable symbols but focuses more on CFDs, featuring 53 forex pairs, and does not support trading on U.S. or international exchanges. For cryptocurrency enthusiasts, Swissquote outshines BDSwiss by offering both actual cryptocurrencies and crypto derivatives, whereas BDSwiss limits users to trading cryptocurrency derivatives only.
Both Swissquote and BDSwiss support forex trading as a CFD or spot contract and include copy trading capabilities to mimic successful traders. However, the breadth of Swissquote's investment options has earned them a higher rating and ranking in industry evaluations. Swissquote boasts a 5-star rating, securing the second spot out of 62 brokers in the Range of Investments category, while BDSwiss holds a respectable 4-star rating, ranking 34th. This distinction underscores Swissquote's extensive investment range, making it a preferred choice for those seeking variety and access to global markets.
| Feature |
Swissquote
|
BDSwiss
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 1081 |
| Forex Pairs (Total) | 80 | 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) | Yes | 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 online brokers Swissquote and BDSwiss, both offer a wide range of features on their trading platforms. They provide simulated trading through free virtual demo accounts, which is great for beginners to practice. Each broker has a proprietary platform alongside popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) options, making them flexible for different types of traders. Additionally, both offer platforms compatible with Windows desktops and web-based browsing, along with user-friendly features like copy trading and the ability to trade directly from stock charts.
In terms of charting tools and customization, Swissquote seems to have an edge with 75 drawing tools, compared to BDSwiss's 15. Swissquote also provides more flexibility with watch lists, offering 11 fields to customize, as opposed to BDSwiss’s 7. These enhanced charting and customization capabilities might contribute to Swissquote’s higher ratings, with it receiving 4.5 out of 5 stars for its trading platforms and tools, ranking it at #11 out of 62 brokers as per ForexBrokers.com. Meanwhile, BDSwiss holds a respectable 4-star rating and is ranked #24 in the same category. Both brokers, however, do not offer integration with DupliTrade or ZuluTrade, which might be worth considering depending on your trading strategy.
| Feature |
Swissquote
|
BDSwiss
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary 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) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 86 | 30 |
| Charting - Drawing Tools (Total) | 75 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, Swissquote and BDSwiss both offer options for iPhone and Android devices, ensuring that traders can easily access their platforms on the go. Both platforms provide features like stock or forex price alerts and the capability to draw trendlines on charts. With 30 technical studies available for charting in their mobile apps, users have a substantial amount of data at their fingertips. Additionally, these apps enable traders to view multiple time frames, such as daily, weekly, or intraday, helping them make informed decisions. Both Swissquote and BDSwiss also allow users to create watchlists with real-time quotes, although watchlists in mobile apps do not sync with the user's online accounts.
Despite these similarities, there are notable differences between the two apps. Swissquote edges out its competition with a 4.5-star rating for mobile trading apps compared to BDSwiss's 4-star rating. Furthermore, Swissquote is ranked 10th out of 62 brokers in the Mobile Trading Apps category by ForexBrokers.com, while BDSwiss is ranked 23rd. This indicates that Swissquote may offer a slightly more polished experience for mobile traders, although both platforms provide a comprehensive set of features that cater to traders' needs. Whether you choose Swissquote or BDSwiss, you’ll find solid functionality tailored for successful trading on mobile devices.
| Feature |
Swissquote
|
BDSwiss
|
|---|---|---|
| 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.
When comparing the market research offerings of Swissquote and BDSwiss, both platforms provide daily market commentary and maintain an economic calendar that highlights important global events. Swissquote stands out by delivering forex news from prestigious sources like Bloomberg and Reuters, a feature not offered by BDSwiss. On the other hand, BDSwiss offers the Technical Analytics tool from Trading Central, while Swissquote does not. Both brokers supply tools from Autochartist, supporting technical and fundamental analysis for their users. Neither platform includes market research from TipRanks or Acuity Trading. Additionally, sentiment-based trading tools are absent from both websites.
In terms of ratings, Swissquote and BDSwiss both achieve a solid 4-star score for research. However, Swissquote holds a higher rank at #16 compared to BDSwiss's #23 as evaluated by ForexBrokers.com out of 62 brokers. This difference reflects Swissquote’s ability to leverage premier news sources, which adds value to its research capabilities. Whether you prioritize real-time news or advanced analytical tools, each platform offers distinct benefits tailored to different trading needs.
| Feature |
Swissquote
|
BDSwiss
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | Yes |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Both Swissquote and BDSwiss excel in educational offerings for beginners interested in forex and CFDs. Each platform provides more than 10 educational pieces, like articles and videos, focusing on forex and CFDs to help new traders get started. They also host at least one live educational webinar each month and maintain an accessible archive of past webinars for ongoing learning. Both brokers cater to the specific needs of new traders, offering at least 10 beginner-focused videos. Moreover, they don't neglect more experienced traders, providing over 10 advanced videos as well. Importantly, both include an investor dictionary featuring over 50 investing terms, making it easier for traders to understand key concepts.
When evaluating user ratings and rankings, both Swissquote and BDSwiss receive 4 out of 5 stars for their educational resources. However, when it comes to overall ranking by ForexBrokers.com in the Education category, BDSwiss edges slightly ahead, ranked 19th out of 62 brokers, while Swissquote sits at 21st. This minor difference might matter for those who prioritize the educational component in their choice of an online broker. Regardless, both platforms present strong educational opportunities for traders looking to learn and grow in the trading world.
| Feature |
Swissquote
|
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 Swissquote is better than BDSwiss. Swissquote finished with an overall rank of #11, while BDSwiss finished with an overall rank of #36.
Traders choose Swissquote for its quality research and vast multi-asset offering – as long as they are willing to pay a premium to have their brokerage account held with a Swiss bank.
| Feature |
Swissquote
|
BDSwiss
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 73 |
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While both Swissquote and BDSwiss offer the ability to trade cryptocurrency derivatives, only Swissquote provides the capability to purchase actual, delivered cryptocurrencies, setting it apart from BDSwiss in terms of direct cryptocurrency investments.
Swissquote and BDSwiss both support ACH or SEPA transfers, Skrill, Visa or Mastercard, and bank wires for depositing or withdrawing account funds, but only Swissquote offers PayPal as an additional option.
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 | Swissquote | BDSwiss | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | Swissquote Review | BDSwiss Review |
| Broker Screenshots | Swissquote | BDSwiss | |
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| Regulation | Swissquote | BDSwiss | |
|---|---|---|---|
| Trust Score | 99 | 73 | |
| Year Founded | 1996 | 2012 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 5 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | Swissquote | BDSwiss | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | 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 | Yes |
| Tier-2 Licenses (Trusted) | Swissquote | BDSwiss | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Swissquote | BDSwiss | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 472 | 1081 | |
| Forex Pairs (Total) | 80 | 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) | Yes | 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 | Swissquote | BDSwiss | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.6 | |
| All-in Cost EUR/USD - Active | N/A | 1.3 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | No |
| Funding | Swissquote | BDSwiss | |
|---|---|---|---|
| Minimum Deposit | $1000 | $10-$5000 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | Swissquote | BDSwiss | |
|---|---|---|---|
| Proprietary 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) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Swissquote | BDSwiss | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 7 | |
| Charting - Indicators / Studies (Total) | 86 | 30 | |
| Charting - Drawing Tools (Total) | 75 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Swissquote | BDSwiss | |
|---|---|---|---|
| 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 | Swissquote | BDSwiss | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Swissquote | 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 | Swissquote | 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 | Swissquote Review | BDSwiss Review |
| Overall | Swissquote | BDSwiss | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | Swissquote Review | BDSwiss Review |
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