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 |
Trade Nation stands out for its competitive fixed-spread pricing on its proprietary platform, offering traders predictability in costs. With a fixed spread of 0.6 pips for the EUR/USD pair, Trade Nation ensures consistent pricing, though spreads can widen to 1.4 pips during daily rollover periods. The broker provides three main account types, with the TN Trader account on its proprietary platform generally offering the most favorable spreads. The MetaTrader-based Raw Spread account is commission-based, charging $3.50 per side, whereas the commission-free account comes with higher spreads. Trade Nation receives a commendable 5-star rating and ranks #7 out of 62 brokers for commissions and fees according to ForexBrokers.com.
On the other hand, BDSwiss offers variable spreads with a less competitive edge compared to some industry leaders. The Classic account incurs a spread of 1.5 pips on EUR/USD, considered high by market standards. The Raw account, however, combines a 0.3 pips spread with a $5 commission per side, resulting in an effective spread of 1.3 pips. Meanwhile, the VIP account offers a slightly lower spread of 1.2 pips. Although BDSwiss maintains satisfactory execution statistics, its fee structure garners a 4-star rating and positions it at #30 out of 62 brokers in the Commissions and Fees category on ForexBrokers.com.
| 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 | No | 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.
When comparing the investment options of Trade Nation and BDSwiss, both brokers provide opportunities for forex trading in the form of CFDs or spot contracts, catering to those interested in currency markets. Trade Nation offers a total of 1,000 tradeable symbols, including 46 forex pairs, whereas BDSwiss expands slightly with 1,081 tradeable symbols and 53 forex pairs, making it slightly more attractive for forex traders. Neither platform provides the option to trade exchange-traded securities on U.S. or international exchanges, meaning direct investments in popular stocks, such as Apple or Vodafone, are unavailable through both brokers.
Both Trade Nation and BDSwiss support copy trading, allowing less experienced traders to mirror the trades of more seasoned investors. Additionally, they offer the ability to trade derivatives of cryptocurrencies, without the option to buy actual cryptocurrencies. In terms of investment variety, BDSwiss edges out with a rating of 4 stars compared to Trade Nation’s 3.5 stars. Likewise, BDSwiss ranks #34 in the Range of Investments category on ForexBrokers.com, while Trade Nation follows behind at #38, highlighting BDSwiss as the slightly more comprehensive choice for traders seeking a broader range of investment options.
| 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.
When it comes to trading platforms and tools, both Trade Nation and BDSwiss provide a comprehensive suite for traders of all levels. Each broker offers a free demo account, allowing users to explore their services and simulate trading without financial risk. Both brokers have developed their own proprietary platforms, ensuring tailored trading experiences alongside supporting MetaTrader 4 (MT4) for those who prefer this popular option. While BDSwiss expands its offerings with MetaTrader 5 (MT5), Trade Nation chooses not to include it. For those interested in copy trading, both platforms offer this feature, yet neither supports DupliTrade or ZuluTrade services. Charting capabilities differ, with Trade Nation offering a more extensive range of 39 drawing tools compared to BDSwiss’s 15, though BDSwiss allows users to trade directly from charts, a feature not available with Trade Nation.
Traders who value detailed watch lists may find Trade Nation appealing, as it offers 14 customizable fields compared to BDSwiss's 7. Both brokers offer Windows-based desktop and web-based platforms to cater to various device preferences. Despite these differences, Trade Nation and BDSwiss each receive a solid four-star rating for their trading platforms and tools. However, BDSwiss achieves a higher rank at #24 against Trade Nation's #44 in the Trading Platforms and Tools category according to ForexBrokers.com, suggesting that BDSwiss might be preferred for its overall package in this domain.
| Feature |
Trade Nation
|
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) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 115 | 30 |
| Charting - Drawing Tools (Total) | 39 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 14 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Trade Nation and BDSwiss provide iPhone and Android apps for seamless mobile trading experiences, ensuring traders can access their accounts anytime, anywhere. These apps allow users to receive real-time price alerts for stocks and forex, enhancing the ability to react promptly to market changes. While both brokers enable the creation of watchlists with live quotes, only Trade Nation offers syncing between mobile app watchlists and online accounts. This feature makes it easier for users to manage their investments without the hassle of updating lists in multiple locations.
Trade Nation stands out with an impressive array of 99 technical studies for charting within its app, compared to the 30 offered by BDSwiss. Both apps allow traders to draw trendlines and view multiple time frames, accommodating different trading strategies. Additionally, any drawings made on charts are saved automatically, providing convenience for users. Despite receiving a solid four-star rating for their mobile trading apps, Trade Nation ranks #45, while BDSwiss secures a higher position at #24 out of 62 brokers, according to ForexBrokers.com. This might indicate BDSwiss’s broader market appeal despite Trade Nation’s advanced charting capabilities.
| Feature |
Trade Nation
|
BDSwiss
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 99 | 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 online brokers Trade Nation and BDSwiss, traders will find distinct differences tailored to various needs. Both Trade Nation and BDSwiss provide daily market commentary, keeping their clients updated with essential information. However, Trade Nation stands out by offering forex news from premier sources like Bloomberg and Reuters, while BDSwiss does not. On the other hand, BDSwiss excels in providing advanced analysis tools from Autochartist and Trading Central, which are absent in Trade Nation's toolkit. Additionally, Trade Nation offers a sentiment-based trading tool, helping traders gauge market sentiments, which BDSwiss lacks.
Investors seeking specialized trading instruments may appreciate that Trade Nation includes tools from Acuity Trading, while BDSwiss differentiates itself with an economic calendar displaying global news events. Both brokers lack insights from TipRanks. Despite these differences, BDSwiss is rated with a higher research score of 4 stars compared to Trade Nation's 3.5 stars and is ranked #24 out of 62 brokers by ForexBrokers.com, ahead of Trade Nation at #42. This suggests that while each broker has its strengths, BDSwiss offers a slightly more comprehensive research package than Trade Nation.
| Feature |
Trade Nation
|
BDSwiss
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | No | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both Trade Nation and BDSwiss provide a variety of learning materials that cover forex and CFDs. Each offers more than ten educational pieces such as articles and videos, ensuring newcomers can build a solid foundation in trading. They also provide beginner educational videos exceeding ten in number and comprehensive investor dictionaries with definitions of over 50 critical investing terms, enhancing the learning experience for novices.
Where these two brokers differ is in their approach to online webinars. BDSwiss offers regular monthly webinars and a searchable archive of past sessions, making it easier for learners to find specific topics and revisit them at their convenience. Trade Nation does not offer these features, which may impact its accessibility to live interactive learning. As a result, BDSwiss secures a higher educational rating of 4 stars and ranks 19th out of 62 brokers evaluated by ForexBrokers.com, while Trade Nation is rated 3.5 stars, ranking 41st.
| Feature |
Trade Nation
|
BDSwiss
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | No | 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 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
|
|---|---|---|
| Overall Rating |
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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.
In comparing online brokers, Trade Nation and BDSwiss, it's noteworthy that while both facilitate deposits and withdrawals via Skrill, Visa, Mastercard, and bank wires, only BDSwiss provides the option for ACH or SEPA transfers, neither supports PayPal transactions.
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) | 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). | No | Yes |
| Tier-2 Licenses (Trusted) | Trade Nation | BDSwiss | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| 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 | |
| Active Trader or VIP Discounts | No | Yes | |
| 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 | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | Trade Nation | 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) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Trade Nation | BDSwiss | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 14 | 7 | |
| Charting - Indicators / Studies (Total) | 115 | 30 | |
| Charting - Drawing Tools (Total) | 39 | 15 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 99 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile 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 | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | No | Yes |
| Education | Trade Nation | BDSwiss | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | 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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