FP Markets vs BDSwiss
| FP Markets Review 2023 | BDSwiss Review 2023 |
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4
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3.8
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 Traders from US not accepted
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Traders from US not accepted
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FP Markets is an ASIC- and CySEC-regulated broker that offers forex and CFD trading on a broad range of assets through the MT4, MT5 and IRESS platforms. With trading available through standard and raw spread accounts on thousands of international stocks, forex, indices, commodities, cryptocurrencies, bonds and ETFs, this broker has some of the most comprehensive market coverage available. FP Markets also offers a full range of additional features, including educational resources and access to powerful software such as Autochartist. |
BDSwiss offer 250+ shares, indices, forex, commodities and cryptocurrencies via CFDs. With spreads from zero pips and an award winning app, they offer a great package. Over 1.5 million traders from more than 180 countries have opened an account with BDSwiss since it launched. |
| Comment by Reviewer | |
| "We recommend FP Markets for forex and stock traders with 70+ currency pairs and an impressive 10,000+ stocks available as CFDs." | "BDSwiss will suit traders of all experience levels but active traders in particular can benefit from fast execution speeds, tight spreads and powerful trading software." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $100 | $100 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| ASIC, CySEC, ESMA | FSC, FSA |
| Margin Trading | |
| No | No |
| STP Account | |
| Yes | No |
| ECN Account | |
| Yes | Yes |
| DMA Account | |
| Yes | No |
| MAM Account | |
| Yes | Yes |
| PAMM Account | |
| Yes | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | No |
| Market Maker | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| iOS & Android | iOS and Android |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| FP Markets Social Trading app allows for the straightforward mirroring of established traders with an easy-to-follow ranking system. | Forex copy trading is available with access to successful investors selling their positions and strategies to aspiring traders. The fully automated service makes it easy to find and follow experienced traders. |
| Social Trading | |
| Yes | No |
| VPS Hosting | |
| Yes | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | $30 |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| FP Markets' CFD trading covers a range of markets, including 10,000+ equities, indices, commodities, cryptocurrencies and ETFs. Spreads are tight and traders get fast execution speeds. | BD Swiss offers CFDs on 250+ instruments, including forex, stocks, indices and cryptocurrencies through the MT4 and MT5 platforms or an in-house app. High leverage of up to 1:400 is available depending on asset, and the broker offers reliable 24/5 support. |
| Leverage | |
| 1:30 (UK), 1:500 (Global) | 1:30 |
| FTSE Spread | |
| 1.64 | 1.0 |
| GBPUSD Spread | |
| 1.9 average | 1.7 |
| Oil Spread | |
| 0.04 | 0.8 |
| Stocks Spread | |
| Variable | 0.1 |
| Forex Trading | |
| FP Markets is a good option for forex traders, with 70+ pairs covering an excellent range of currencies. Spreads are already tight on standard accounts and start from zero on raw spread accounts, and the broker offers high leverage up to 1:500 and top-tier liquidity. | BDSwiss offers online trading on 50+ currency pairs with ultra-tight spreads from 0.0 pips on RAW accounts. Leverage is variable with a maximum of 1:400 on major pairs. Micro 0.01 lots are also available. |
| 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 | |
| 1.9 | 1.7 |
| EURUSD Spread | |
| 1.1 | 1.2 |
| EURGBP Spread | |
| 1.7 | 1.3 |
| Assets | |
| 60+ | 50+ |
| Currency Indices | |
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| Cryptocurrency | |
| Take positions on popular cryptocurrencies, including Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin with leveraged CFDs. However, you cannot directly buy and own crypto tokens. | 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. Crypto fees are competitive with no hidden charges. |
| Spread | |
| Floating | BTC from 1% |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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| More Comparisons | |
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FP Markets vs |
BDSwiss vs |