Binance vs BDSwiss
Binance | BDSwiss |
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3.5
Binance is #30 in our crypto broker rankings.
Binance is being sued by the SEC for a range of securities violations, including the commingling of client funds and 'wash trading' against its customers to artificially increase crypto prices. Your funds may be at risk if you trade with Binance. We do not recommend making any deposits.
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3.8
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Traders from US accepted |
Traders from US not accepted
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Binance is one of the best-known crypto exchanges. The company is available in more than 180 countries with over 120 million registered customers. The platform offers a suite of crypto trading products, from staking and NFTs to derivatives. |
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. |
Comment by Reviewer | |
"Binance will appeal to crypto investors looking to trade big tokens like Bitcoin plus niche coins with low fees. However, regulatory action and questionable handling of customer funds makes this firm too high-risk in our opinion." | "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." |
Pros | |
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Cons | |
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Instruments | |
Cryptos | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
Demo Account | |
No | Yes |
Minimum Deposit | |
$0 | $10 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$10 | 0.01 Lots |
Regulator | |
FSC, FSA | |
Margin Trading | |
Yes | No |
STP Account | |
No | No |
ECN Account | |
No | Yes |
DMA Account | |
No | No |
MAM Account | |
No | Yes |
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 | |
Yes | No |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
Yes | iOS & Android |
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. |
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Android App Rating | |
3.8 |
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iOS App Rating | |
5 |
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Copy Trading | |
No | Yes |
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 | |
No | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
CFD trading not offered | 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. |
Leverage | |
1:30 | |
FTSE Spread | |
1.0 | |
GBPUSD Spread | |
1.7 | |
Oil Spread | |
0.8 | |
Stocks Spread | |
0.1 | |
Forex Trading | |
Forex trading not offered | 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. |
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. |
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GBPUSD Spread | |
1.7 | |
EURUSD Spread | |
1.2 | |
EURGBP Spread | |
1.3 | |
Assets | |
50+ | |
Cryptocurrency | |
Binance is one of the world's largest crypto exchanges. There is a vast range of products available including Binance Pool, Staking and an NFT Marketplace. | 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. |
Spread | |
Variable fees with account tiers | BTC from 1% |
Coins | |
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Crypto Lending | |
Yes | No |
Crypto Mining | |
No | No |
Crypto Staking | |
Yes | No |
Auto Market Maker | |
No | No |
More Comparisons | |
Binance vs |
BDSwiss vs |