BDSwiss vs JustForex - Fees Review included
Which broker is better BDSwiss or JustForex? 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 6.36 out of 10. JustForex is one of the top brokers in the financial market with the TU Overall Score of 7.1 out of 10. Find out more about TU Overall Score.
| Feature | BDSwiss | JustForex |
|---|---|---|
Overall |
3.9 |
3.8 |
4.8 |
2.1 |
|
3.7 |
4.1 |
|
3.6 |
3.1 |
|
Investment Instruments |
1 |
4.5 |
Platforms and Charting Tools |
4.5 |
4.5 |
Deposit and Withdrawal |
3.9 |
4.8 |
Research |
3.7 |
3.8 |
Education |
4.2 |
4.1 |
Support |
4.1 |
4.1 |
Bonuses |
1 |
4.4 |
|
|
|
BDSwiss vs JustForex: 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).
JustForex Broker (pronounced "Just Forex") is a brand of IPCTrade, an online Forex trading company that provides access to a variety of classic financial instruments. The broker is regulated by the Belize International Financial Services Commission (IFSC).
| BDSwiss | JustForex | |
|---|---|---|
| Overall Pros | A vast array of trading assets. | No trading strategy restrictions |
| A wide range of deposit and withdrawal methods. | ||
| Withdrawal fees are paid by the company. | ||
| The broker periodically conducts online lectures for its clients. | ||
| Overall Cons | Lack of investment programs and trading bonuses. | smoll choice of trading assets |
| The broker charges a fee for inactivity on the account. | few opportunities for passive income | |
| Support is unavailable on weekends. | there are withdrawal fees |
BDSwiss vs JustForex: Safety and Regulation
| BDSwiss | JustForex | |
|---|---|---|
Max. Regulation Level |
Tier-2 |
Tier-1 |
Investor protection |
No |
€20,000 |
FCA UK Regulation |
No |
No |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
No |
ASIC (Australia) |
No |
No |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
Yes |
Yes |
BVI FSC |
No |
No |
VFSC |
No |
No |
FSA (Seychelles) |
Yes |
Yes |
BDSwiss vs JustForex: Trading Conditions
| Trading Conditions | BDSwiss | JustForex |
|---|---|---|
Minimum Deposit |
$100 |
$1 |
Trading Platforms |
MetaTrader 4, MetaTrader 5, BDSwiss Webtrader, and BDSwiss mobile apps for iOS and Android |
MT4, МТ5, Mobile Platforms, WebTrader |
Max Leverage (Futures) |
1:500 for Forex accounts and 1:5 for investment accounts |
401769 |
Supported Markets |
Currency pairs, CFDs, indices, stocks, commodities, cryptocurrencies, and ETFs |
Currency Pairs, Precious Metals, Crypto, Indices, Shares, Futures, Energy commodities |
Trading assets |
250+ |
154+ |
Trading Accounts |
Classic, VIP, Raw, InvestPLUS |
Standard Cent, Standard, Pro и Raw Spread, Demo |
Base Account Currencies |
EUR, USD, GBP |
USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, ZAR |
BDSwiss vs JustForex: Fees
| BDSwiss | JustForex | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,8 |
0,1 |
Standard acc. spread EUR/USD, max pips |
1,1 |
0,5 |
ECN Commission |
3 |
3 |
ECN Spread EUR/USD |
0,2 |
0,2 |
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
No |
Withdrawal fee, USD |
No |
No |
Inactivity fee, $ |
30 |
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 JustForex: Trading Assets
| Asset Name | BDSwiss | JustForex |
|---|---|---|
Overall |
250+ |
150+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFDs) |
Metals |
Yes |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
No |
Yes (CFD) |
Indices |
Yes |
Yes |
ETFs |
Yes |
Yes |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
Yes |
Binary Options |
No |
No |
BDSwiss or JustForex: Investment Programs
| Asset Name | BDSwiss | JustForex |
|---|---|---|
Copy Trading |
No |
Yes |
MAM/PAMM |
No |
Yes |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: JustForex or BDSwiss
| BDSwiss | JustForex | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
No |
No |
Others |
No |
No |
|
|
|
BDSwiss vs JustForex: Deposit and Withdrawal Methods
| BDSwiss | JustForex | |
|---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Neteller |
Yes |
Yes |
BTC |
Yes |
Yes |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
Yes |
Yes |
BDSwiss vs JustForex: Research
| Research Type | BDSwiss | JustForex |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
No |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
No |
No |
E-Mail Reports |
No |
No |
BDSwiss vs JustForex: Education
| Education Type | BDSwiss | JustForex |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
No |
Yes |
Articles |
No |
Yes |
Videos |
Yes |
Yes |
Cent account |
No |
Yes |
JustForex vs BDSwiss: Support
| Support Features | BDSwiss | JustForex |
|---|---|---|
Working Days |
24/5 |
24/7 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
Telegram, Viber, Messedger, Line, Instagram |
BDSwiss vs JustForex: Forex Bonuses and Promo
| Promo | BDSwiss | JustForex |
|---|---|---|
Forex Bonus |
No |
No deposit bonus $30 |
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. |
Yes |
Other Promos |
||
|
|
|
Top 5 Reviews on JustForex
-
Comment
JustMarkets offers more than 260 trading instruments, including pairs, indices, metals, and energy commodities. The minimum deposit varies by region — from $10 for most countries to $100 for the EU. The leverage level ranges from 1:30 to 1:3000, depending on the trader's status and country. For passive income, PAMM and MAM services are available, expanding the options for fund management.
-
Comment
Unfortunately, there are no cryptocurrencies, although they are one of the top assets today. And the number of stocks is quite limited. Although there are US and European stocks, they are rather selective. With this in mind, it might be easier to invest in indices.
-
Comment
This broker is well-suited for beginner traders. At least because there are cent accounts available for practicing on a real market with real spreads and trading psychology. And the entry is only 10 USD. Familiar platforms MT4 and MT5, for which you can download hundreds of free scripts, robots, indicators. For passive investors, there is social trading both from the broker itself and from MetaQuotes. I compared spreads and quotes using a script and Excel with other brokers (exported quotes from MT4) – the average level. The specified 0.8 pips on EUR/USD is during a highly liquid European session, but during the Asian session and before holidays, the spread can widen to 1.5 pips or more.
-
Comment
A comfortable broker with moderate spreads, with whom I have been working for more than 3 months. So far, I am satisfied. It caught my attention for two reasons: the low entry threshold. 100 USD – this is not an amount to be overly concerned about in case of a loss. Secondly, there are a variety of withdrawal options. Since I like to combine trading with traveling, the payment system matters to me. And the broker accommodated me – I can deposit money using one payment method and withdraw through another, but it must be pre-verified. Other brokers required that I withdraw through the same method used for deposits. Here, this issue was resolved.
-
Comment
The review is positive, but there is a nuance. Situation: trades were opened with leverage. The next day, I find the trades closed at a loss with an almost zeroed-out deposit. Support responds: "The market is highly volatile; we have the right to reduce the leverage limit in accordance with regulatory requirements." As a result, my margin level dropped with the same position size, and the trades were closed by stop-out on a small drawdown. During the discussion, we reached an agreement: my deposit would be returned, but to the level before the trades were opened, meaning the disputed trades were annulled. Thanks to the broker. But the question remains: who is my counterparty in the trades if the broker can technically cancel the results of the trades?
Top 5 Reviews on BDSwiss
-
Comment
I like that BD Swiss has the ability to trade from both PCs and mobile devices. This makes trading convenient and flexible, allowing you to follow the markets and make trades anytime and anywhere. However, I'm not thrilled with the fact that the broker charges a fee for no activity on the account. This can be an unpleasant surprise for those who don't trade regularly.
-
Comment
I have been trading with BDSwiss for almost a year now and during this time I have only positive impressions. The fast and convenient trading terminal makes it easy to navigate and make transactions promptly. The platform is intuitive and functional, which makes the trading process comfortable and efficient. The company's employees are always polite and ready to help. Any questions are solved promptly and professionally. It is especially pleasant that withdrawals are fast and without delays, which inspires confidence and allows you not to worry about the safety of your funds. BDSwiss is a really convenient company for trading with no problems. I have not had a single negative situation during a year of working with them. I recommend BDSwiss to everyone who is looking for a reliable broker with excellent conditions and high level of service.
-
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.
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.