BDSwiss vs TradeStation

BDSwiss vs TradeStation Comparison Table 2024
BDSwiss TradeStation
3.8
3.5

BDSwiss is an award-winning forex and CFD broker founded in 2012. The firm offers 250+ instruments to clients in over 180 countries. With spreads from zero pips and three powerful charting platforms, they offer a rounded day trading package for beginners and seasoned investors alike. The broker is regulated by the Mauritius FSC and Seychelles FSA.

TradeStation is a popular, SEC-regulated broker offering stock, CFD and futures trading through powerful proprietary trading platforms. Available assets vary by region, with CFD trading available on the global branch. The US-based broker has different pricing methods split to cater for active day traders, or longer term stock holders.

Comment by Reviewer
"BDSwiss will suit active day traders looking for raw pricing, fast execution and powerful trading software with a range of pre-included analysis tools. That said, the range of 250+ assets is smaller than most top competitors." "TradeStation is a secure, tried-and-tested broker for stock traders who want a powerful, flexible platform. The $500 minimum deposit makes this broker a better fit for experienced traders."
Pros
  • Choice of powerful day trading terminals, including an in-house app with 50+ technical tools, a Trend Analysis feature and an advanced Market Watch window
  • BDSwiss maintains its position as a fast execution broker, with speeds averaging 0.06 seconds plus 78.3% zero/positive slippage at the time of writing
  • The broker continues to offer superb market research with daily expert insights, the Autochartist market scanning tool, and a forex heatmap
  • There are several account types to suit different traders and budgets, with just a $10 minimum deposit and dynamic leverage up to 1:2000
  • The knowledgeable support team is available 24/5 in 20 languages and the live chat service is responsive based on tests
  • BDSwiss offers an excellent suite of education resources for beginners including webinars, eBooks and seminars
  • BDSwiss is a globally recognised brand with a 10+ year history transparent trading conditions
  • Reputable brand with oversight from top US regulators
  • Powerful trading platform with desktop, webtrader and mobile app
  • Support for third-party platform add-ons
  • Fast and responsive customer service
  • Quick, straightforward account setup
  • Competitive commissions on US stocks
Cons
  • There's a $30 inactivity fee after 90 days which is higher than several top competitors, including XM which only charges $5
  • The range of 250+ assets is mediocre compared to most leading brokers which typically offer 1000+
  • The lack of a top-tier regulator like the CySEC or ASIC brings down the trust score a little
  • VPS plans start from €30 per month, which is not the cheapest
  • Limited ETF options with no commission-free ETFs
  • Expensive subscription fees for many add-ons
  • Pricing disadvantages less active traders
  • Limited free data and in-depth research
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto CFDs, Forex, Stocks, Futures, Commodities
Demo Account
Yes Yes
Minimum Deposit
$10 $500
Trading Platforms
  • BDSwiss Webtrader
  • MT4
  • MT5
  • MT4
Payment Methods
Minimum Trade
0.01 Lots Min lot size will vary
Regulator
FSC, FSA SEC
Margin Trading
No No
STP Account
No No
ECN Account
Yes No
DMA Account
No Yes
MAM Account
Yes No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS, Android and Windows
App Review

The BDSwiss Online Forex Trading app, makes 250+ markets available for online trading on a fast, modern and user friendly platform. More features could be added, and the overall rating by users is a concern, though the service is responsive and reliable.

Android App Rating
3.8
iOS App Rating
5
Copy Trading
Yes No
Copy Trading Platform
Forex copy trading is available through the broker's partner program, with access to successful investors selling their positions and strategies to aspiring traders. The fully automated service allows experienced traders to earn extra revenue, with various payout plans available.
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$30
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • SEK
  • PLN
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
Stock Exchanges
Commodities
CFD Trading
BD Swiss offers CFDs on 250+ instruments through the MT4 and MT5 platforms or an in-house app - all of which deliver a superb day trading environment. The proprietary Webtrader, for example, offers over 50 indicators and studies, plus a Trend Analysis tool. Trade CFDs on popular asset classes, including forex and stocks. FX CFD commissions are competitive at 0.6 basis points while for shares it's a minimum of $3 per order.
Leverage
1:30 1:20
FTSE Spread
1.0 N/A
GBPUSD Spread
1.7 N/A
Oil Spread
0.8 0.06 pips
Stocks Spread
0.1 0.2% Var
Forex Trading
BDSwiss continues to offer an above-average selection of 50+ currency pairs with leverage up to 1:400 on major pairs. Typical spreads for EURUSD come in at a competitive 0.3 pips plus a $6 commission which is in line with our award-winner, Pepperstone. Speculate on 26 currencies including majors. Top-tier liquidity is available from 17 of the biggest forex dealing banks, alongside dynamic order management and low commissions.
Forex App

The BDSwiss Online Forex Trading app, makes 250+ markets available for online trading on a fast, modern and user friendly platform. More features could be added, and the overall rating by users is a concern, though the service is responsive and reliable.

GBPUSD Spread
1.7 Variable
EURUSD Spread
1.2 Variable
EURGBP Spread
1.3 Variable
Assets
50+ 26
Cryptocurrency
BD Swiss traders can access CFDs on 22 different cryptocurrencies paired with USD, while BTC and ETH can also be traded in pairs with GBP and EUR. The 26.57 BTCUSD spread is higher than the cheapest crypto brokers but there are zero commissions. Crypto trading not offered
Spread
BTC from 1%
Coins
  • BTC
  • ETH
  • DASH
  • EOS
  • BCH
  • ZCASH
  • MON
  • IOTA
  • XRM
  • NEO
  • OMG
  • ZEC
  • XMR
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No Yes
Auto Market Maker
No No
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