BDSwiss vs Exness - Fees Review included
Which broker is better BDSwiss or Exness? Our expert assessment conducted according to TU’s own methodology showed that BDSwiss is one of the top brokers in the financial market with the TU Overall Score of 5.13 out of 10. Exness is one of the top brokers in the financial market with the TU Overall Score of 9.34 out of 10. Find out more about TU Overall Score.
| Feature | BDSwiss | Exness |
|---|---|---|
Overall |
3.9 |
4.7 |
4.8 |
4.8 |
|
3.7 |
4.8 |
|
3.6 |
3.9 |
|
Investment Instruments |
1 |
4.1 |
Platforms and Charting Tools |
4.5 |
4.2 |
Deposit and Withdrawal |
3.9 |
4.6 |
Research |
3.7 |
4.7 |
Education |
4.2 |
4.8 |
Support |
4.1 |
4.5 |
Bonuses |
1 |
3.1 |
|
|
|
BDSwiss vs Exness: Pros and Cons
The BDSwiss brokerage company has provided financial services in the Forex market since 2012. The broker is keen to cooperate with traders worldwide. Therefore its activities are regulated by authorities in several countries such as: the Cyprus Securities and Exchange Commission (CySEC); the German Federal Financial Supervisory Authority (BaFin); the UK Financial Conduct Authority (FCA); and the US National Futures Association (NFA).
Exness Trading Company has been working in the Forex market since 2008. The broker’s activity is managed by Nymstar Limited, a company registered in the Republic of Seychelles. The service is regulated by licenses of CySEC (Cyprus Securities Commission), FCA (Office of Financial Regulation and Supervision of Great Britain) and FSA (Office of Financial Regulation and Supervision of the Republic of Seychelles). The broker holds the leading position in Forex ratings. The company’s monthly trading turnover totals $325.8 billion USD. The broker currently has CFDs available for cryptocurrency, stocks, more than 120 currency pairs, energy and metals. Exness’s service provides favorable working conditions for traders: low commission, instant execution of orders and withdrawal of funds. An infinite leverage makes it possible to earn on small deposits up to $999. There are several options for opening an account depending on the traders’ needs. A demo account is available - a training account that is useful for both beginner level traders and professional traders.
| BDSwiss | Exness | |
|---|---|---|
| Overall Pros | A vast array of trading assets. | Trading With Leverage up to 1:2000 |
| A wide range of deposit and withdrawal methods. | Big choice of ECN/STP accounts | |
| Withdrawal fees are paid by the company. | Low trading and non trading fees | |
| The broker periodically conducts online lectures for its clients. | Free VPS hosting | |
| Quotes history | ||
| Overall Cons | Lack of investment programs and trading bonuses. | Not a big choice of trading assets |
| The broker charges a fee for inactivity on the account. | No forex bonuses | |
| Support is unavailable on weekends. |
BDSwiss vs Exness: Safety and Regulation
| Regulated By: | BDSwiss | Exness |
|---|---|---|
US Regulation |
No |
No |
FCA (Great Britain) |
No |
Yes |
CySec (Cyprus, EU) |
Yes |
Yes |
ASIC (Australia) |
No |
No |
Other Regulators |
Mauritius (Company Number: 143350); BaFin Germany (Registration No. HRB 160749B); Financial Services Authority (FSA) Seychelles under license number SD047; |
FSA (Seychelles) |
BDSwiss vs Exness: Trading Conditions
| Trading Conditions | BDSwiss | Exness |
|---|---|---|
Minimum Deposit |
$100 |
$1 |
Trading Platforms |
MetaTrader 4, MetaTrader 5, BDSwiss Webtrader, and BDSwiss mobile apps for iOS and Android |
MT4, MT5, MultiTerminal |
Max Leverage (Futures) |
1:500 for Forex accounts and 1:5 for investment accounts |
1-2000 |
Supported Markets |
Currency pairs, CFDs, indices, stocks, commodities, cryptocurrencies, and ETFs |
Currencies, assets of stock and commodity markets, cryptocurrencies |
Trading assets |
250+ |
100+ |
Trading Accounts |
Classic, VIP, Raw, InvestPLUS |
Standard, Standard Cent, Standart Plus, Raw Spread, Zero, Pro |
Base Account Currencies |
EUR, USD, GBP |
USD |
BDSwiss vs Exness: Fees
Forex Trading Fees
| Fee | BDSwiss | Exness |
|---|---|---|
Standard Account EURUSD Average Spread |
1.6 pips |
1 pip |
Standard Account Fee |
$0 |
$0 |
ECN/STP Account Fee |
$5 per lot |
$3.5 per lot |
ECN Account EUR Average Spread |
0.2 pips |
0.1 pip |
CFD Trading Fees
| Fee | BDSwiss | Exness |
|---|---|---|
CFD Trading Fee |
Floating spread |
Floating spread |
Non-Trading Fees
| Fee | BDSwiss | Exness |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
Receiving costs are covered by BDSwiss |
No |
Withdrawal Fee |
Receiving costs are covered by BDSwiss |
No |
Inactivity Fee |
10% of the account balance, with the minimum amount charged being €25 or trading account currency equivalent, and the maximum amount charged being €49,90 |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
BDSwiss vs Exness: Trading Assets
| Asset Name | BDSwiss | Exness |
|---|---|---|
Overall |
250+ |
100+ trading assets |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
No |
Yes (CFD) |
Indices |
Yes |
Yes (CFD) |
ETFs |
Yes |
No |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
BDSwiss or Exness: Investment Programs
| Asset Name | BDSwiss | Exness |
|---|---|---|
Copy Trading |
No |
Yes |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: Exness or BDSwiss
| BDSwiss | Exness | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
No |
Exness terminal |
Others |
No |
No |
|
|
|
BDSwiss vs Exness: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | BDSwiss | Exness |
|---|---|---|
Bank Transfer |
No |
Yes |
Debit Card |
Yes |
Yes |
Electronic Wallets |
Yes |
Yes |
Crypto |
No |
No |
BDSwiss vs Exness: Research
| Research Type | BDSwiss | Exness |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
No |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
No |
Yes |
E-Mail Reports |
No |
Yes |
BDSwiss vs Exness: Education
| Education Type | BDSwiss | Exness |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
No |
Yes |
Articles |
No |
Yes |
Videos |
Yes |
Yes |
Cent account |
No |
Yes |
Exness vs BDSwiss: Support
| Support Features | BDSwiss | Exness |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
BDSwiss vs Exness: Forex Bonuses and Promo
| Promo | BDSwiss | Exness |
|---|---|---|
Forex Bonus |
No |
Not offered |
Affiliate Program |
Each member of the referral program receives an individual link and can receive 150 EUR for each active trader. The maximum amount of total payments is 1500 EUR. |
40% of trading commissions |
Other Promos |
||
|
|
|
Top 5 Reviews on Exness
-
Comment
I want to share how fast Exness and their team is to respond when you need help. I've gotta say, lam impressed. Whenever I've had a question regarding the site, their support team has been right there, ready to lend a hand. There was this one time I had an issue with a trade, and I needed help ASAP. I referred to their site which stated that their online support was available 24/7, so I gave it a shot and got a reply almost immediately. It's like they're always on standby, ready to tackle any problem that comes their way. Every time l've reached out, they've been super friendly and actually solved my problem.
-
Comment
So far, moving money around with Exness has been smooth and easy for me. Whether I'm depositing funds to jump on a trading opportunity or cashing out my profits, the process has been hassle-free. One thing that I greatly appreciate is the responsiveness of their site in processing deposits. Accessible buttons are all over the site so no troubles are encountered trying to find that specific button to do that one thing. On top of that, on the off chance that you're experiencing delays, people from their team are easily approachable to help you out. If you're after a broker that handles your funds smoothly and has your back when things don't go as planned, Exness is worth checking out.
-
Comment
Traders can utilize the risk management features available on Exness to minimize the risk of losing trades easily when they are trading cryptocurrencies like Bitcoin. This has become a popular strategy among traders of all levels and it is recommended. Doing this is easy on Exmess, you can set the volume in units for your BTC,volume in lots, and volume in currency. Including a stop-loss order helps to limit potential losses by automatically closing a trade when the price reaches a specified level. To use a stop-loss, determine the level at which you are willing to accept a loss if the trade moves against you. A take-profit order is used to lock in profits by automatically closing a trade when the price reaches a specified level. To use a take-profit determine the level at which you want to take profits if the trade moves in your favor.
-
Comment
I consider Exness to be a straightforward and reliable broker. This company has been operating for a long time, and many traders trust it. The broker holds several licenses depending on the country where the company provides services. One of the company's features is the ability to open an account in any convenient currency, although I prefer euros. Also, Exness offers a wide range of trading instruments, and I mainly use highly liquid currency pairs.
-
Comment
I initially paid $3000 to start with and an account manager demonstrated a growth of $500 in quick time. A specialist then came in and tried to get me to invest $25000 to which I bluntly denied and they tried with $20K, then $10K and even $5K to all of which I refused! They have now kept me hanging and I asked for a refund to which they are asking for more money from me and I don't know what more to do! Also as of yesterday, the site itself is DOWN!! I cannot log in anymore and the email contact i had from there, when i sent the email to check it came back saying that domain does not exist anymore!! I am at loss of words and my hard earned money unfortunately i was able to recover my money back with the help of Olivia teams get in touch with them oliviatrader 44 at gmail com WhatApp +1 (423) 248 - 2140
Top 5 Reviews on BDSwiss
-
Comment
BDSwiss is a normal company, nothing supernatural. Execution is pleasing, money is deposited and withdrawn without problems. I recommend BDSwiss.
-
Comment
I have been trading with BDSwiss for more than 4 years. It is possible to work with BDSwiss, but there are also some disadvantages. Orders sometimes slip when there is a strong movement, but this is not very scary. Jumping spreads during news are much more annoying. Therefore, it becomes difficult to trade on news. It’s good to work with BDSwiss in long and medium positions.
-
Comment
BD Swiss is a reliable company, and I'm not just saying that. The company is reputable and large. I've been working here for 2 years now. I like the choice of trading instruments and fast order execution - everything is there to make money.
-
Comment
I want to tell you about my success with BDSwiss. I made a $3,000 deposit. Within a month, my $3,000 turned into $3,800. I am pleased with the result. My self-confidence has increased, I think that I am a good trader. I’m grateful to BDSwiss for the absence of requotes and slippages.
-
Comment
I was looking for a way to earn extra income, did some research, and was drawn to the opportunity to trade on the Forex market. I read many reviews about different brokers and decided to settle on BDSwiss. There are no account maintenance fees, no minimum deposit, and no commission on trades, which is a significant plus for me as a beginner. Overall, all the conditions are created for comfortable trading. The BDSwiss customer support impressed me. I had an issue once, and they resolved it promptly on the same day.
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
The area of responsibility of Mikhail includes covering the news of currency and stock markets, fact checking, updating and editing the content published on the Traders Union website. He successfully analyzes complex financial issues and explains their meaning in simple and understandable language for ordinary people. Mikhail generates content that provides full contact with the readers.
Mikhail’s motto: Learn something new and share your experience – never stop!