BDSwiss
ForexMart
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Overview
BDSwiss was founded in 2012 and is headquartered in Mauritius, while ForexMart was established in 2015 and is based in Cyprus. BDSwiss holds licences including BDS Ltd (Registration No. 8424660-1) is authorized and regulated by the Financial Services Authority (the “FSA”, while ForexMart is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. BDSwiss serves 10,000+ clients worldwide; ForexMart has 10,000+. The minimum deposit is $500 at BDSwiss and $1 at ForexMart.
| Feature | BDSwiss | ForexMart |
|---|---|---|
| Min. Deposit | $500 | $1 |
| 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 | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2012 | 2015 |
| Country | Mauritius | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between BDSwiss and ForexMart, directly affecting your bottom line as a trader. ForexMart has a lower barrier to entry with a minimum deposit of $1 (vs $500 at BDSwiss). ForexMart charges withdrawal fees while BDSwiss does not, giving BDSwiss an edge for frequent withdrawers. BDSwiss charges deposit fees; ForexMart does not. Overall, ForexMart scores higher on fees in our assessment.
| Feature | BDSwiss | ForexMart |
|---|---|---|
| Min. Deposit | $500 | $1 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
BDSwiss offers MT4, MT5, cTrader, a proprietary platform, while ForexMart supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. ForexMart supports social and copy trading features, which BDSwiss does not offer. BDSwiss edges ahead on platform breadth and functionality in our scoring.
| Feature | BDSwiss | ForexMart |
|---|---|---|
| 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, desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how BDSwiss and ForexMart compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | BDSwiss | ForexMart |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
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 ForexMart supports 4 (bank transfer, credit/debit card, Skrill, Neteller). ForexMart uniquely supports Skrill and Neteller among the two brokers. ForexMart scores higher on deposit and withdrawal flexibility.
| Feature | BDSwiss | ForexMart |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both BDSwiss and ForexMart offer live chat support. Both provide phone support. Email support is available at both brokers. BDSwiss supports 2 languages and ForexMart supports 15, giving ForexMart broader global reach. Both brokers are comparable on support quality.
| Feature | BDSwiss | ForexMart |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian |