BDSwiss
City Index
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Overview
BDSwiss was founded in 2012 and is headquartered in Mauritius, while City Index was established in 1983 and is based in UK. BDSwiss holds licences including BDS Ltd (Registration No. 8424660-1) is authorized and regulated by the Financial Services Authority (the “FSA”, while City Index is regulated by Financial Conduct Authority (FCA) among others. BDSwiss serves 10,000+ clients worldwide; City Index has 14,000+. The minimum deposit is $500 at BDSwiss and $25 at City Index.
| Feature | BDSwiss | City Index |
|---|---|---|
| Min. Deposit | $500 | $25 |
| Regulation | BDS Ltd (Registration No. 8424660-1) is authorized and regulated by the Financial Services Authority (the “FSA”, licence no. SD047) Registered address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS) |
| Founded | 2012 | 1983 |
| Country | Mauritius | UK |
| Clients | 10,000+ | 14,000+ |
Fees
Fees are a critical factor when choosing between BDSwiss and City Index, directly affecting your bottom line as a trader. City Index has a lower barrier to entry with a minimum deposit of $25 (vs $500 at BDSwiss). City Index charges withdrawal fees while BDSwiss does not, giving BDSwiss an edge for frequent withdrawers. City Index applies inactivity fees on dormant accounts; BDSwiss does not. BDSwiss charges deposit fees; City Index does not. Overall, City Index scores higher on fees in our assessment.
| Feature | BDSwiss | City Index |
|---|---|---|
| Min. Deposit | $500 | $25 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
BDSwiss offers MT4, MT5, cTrader, a proprietary platform, while City Index supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. City Index supports social and copy trading features, which BDSwiss does not offer. BDSwiss edges ahead on platform breadth and functionality in our scoring.
| Feature | BDSwiss | City Index |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4 ,Android,iPhone,Mac | MT4, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how BDSwiss and City Index compare. BDSwiss runs regular live webinars; City Index does not. BDSwiss has a video library; City Index does not. BDSwiss publishes daily market commentary; City Index does not. BDSwiss integrates third-party research tools (Trading Central, Autochartist); City Index does not. BDSwiss maintains an archive of past webinars for on-demand viewing. BDSwiss scores higher overall in education and research.
| Feature | BDSwiss | City Index |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. BDSwiss accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while City Index supports 3 (bank transfer, credit/debit card, PayPal). City Index uniquely supports PayPal among the two brokers. City Index scores higher on deposit and withdrawal flexibility.
| Feature | BDSwiss | City Index |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both BDSwiss and City Index offer live chat support. Both provide phone support. Email support is available at both brokers. BDSwiss supports 2 languages and City Index supports 6, giving City Index broader global reach. Both brokers are comparable on support quality.
| Feature | BDSwiss | City Index |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, German, Arabic, Polish, and Chinese |