BDSwiss
ForexTB
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Overview
BDSwiss was founded in 2012 and is headquartered in Mauritius, while ForexTB 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 ForexTB is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. BDSwiss serves 10,000+ clients worldwide; ForexTB has 5,000+. The minimum deposit is $500 at BDSwiss and $250 at ForexTB.
| Feature | BDSwiss | ForexTB |
|---|---|---|
| Min. Deposit | $500 | $250 |
| 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), CIF license number 272/15 |
| Founded | 2012 | 2015 |
| Country | Mauritius | Cyprus |
| Clients | 10,000+ | 5,000+ |
Fees
Fees are a critical factor when choosing between BDSwiss and ForexTB, directly affecting your bottom line as a trader. ForexTB has a lower barrier to entry with a minimum deposit of $250 (vs $500 at BDSwiss). Neither broker charges withdrawal fees. BDSwiss charges deposit fees; ForexTB does not. Overall, ForexTB scores higher on fees in our assessment.
| Feature | BDSwiss | ForexTB |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
BDSwiss offers MT4, MT5, cTrader, a proprietary platform, while ForexTB supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. BDSwiss edges ahead on platform breadth and functionality in our scoring.
| Feature | BDSwiss | ForexTB |
|---|---|---|
| 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 ForexTB 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. BDSwiss scores higher overall in education and research.
| Feature | BDSwiss | ForexTB |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| 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 ForexTB supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | BDSwiss | ForexTB |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| 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 ForexTB offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | BDSwiss | ForexTB |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |