FBS vs BDSwiss - Fees Review included
Which broker is better FBS or BDSwiss? Our expert assessment conducted according to TU’s own methodology showed that FBS is one of the top brokers in the financial market with the TU Overall Score of 8.98 out of 10. BDSwiss is one of the top brokers in the financial market with the TU Overall Score of 5.13 out of 10. Find out more about TU Overall Score.
| Feature | FBS | BDSwiss |
|---|---|---|
Overall |
4.3 |
3.9 |
4.6 |
4.8 |
|
3.9 |
3.7 |
|
4.1 |
3.6 |
|
Investment Instruments |
4.7 |
1 |
Platforms and Charting Tools |
4.5 |
4.5 |
Deposit and Withdrawal |
4.2 |
3.9 |
Research |
3.9 |
3.7 |
Education |
4.2 |
4.2 |
Support |
3.9 |
4.1 |
Bonuses |
5 |
1 |
|
|
|
FBS vs BDSwiss: Pros and Cons
FBS (fbs.com) is an international broker operating in 190 countries. The brokerage company has been on the market for over 10 years, and during this time it has earned about 40 international awards. It is regulated by the CySEC under license number 331/17 and provides flexible conditions for Forex trading. FBS is especially popular in Asian countries such as India, Malaysia and Indonesia.
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).
| FBS | BDSwiss | |
|---|---|---|
| Overall Pros | A large selection of trading instruments | A vast array of trading assets. |
| Copyt trading platform | A wide range of deposit and withdrawal methods. | |
| $140 no-deposit bonus (not available for EU clients) | Withdrawal fees are paid by the company. | |
| Crypto account | The broker periodically conducts online lectures for its clients. | |
| Overall Cons | Hihg trading fees | Lack of investment programs and trading bonuses. |
| Slow exacution speed | The broker charges a fee for inactivity on the account. | |
| Support is unavailable on weekends. |
FBS vs BDSwiss: Safety and Regulation
| Regulated By: | FBS | BDSwiss |
|---|---|---|
US Regulation |
No |
No |
FCA (Great Britain) |
No |
No |
CySec (Cyprus, EU) |
Yes |
Yes |
ASIC (Australia) |
Yes |
No |
Other Regulators |
Belize IFSC, license IFSC/000102/310, South Africa - FSCA |
Mauritius (Company Number: 143350); BaFin Germany (Registration No. HRB 160749B); Financial Services Authority (FSA) Seychelles under license number SD047; |
FBS vs BDSwiss: Trading Conditions
| Trading Conditions | FBS | BDSwiss |
|---|---|---|
Minimum Deposit |
$1 |
$100 |
Trading Platforms |
MetaTrader 4, MetaTrader 5, FBS Trader |
MetaTrader 4, MetaTrader 5, BDSwiss Webtrader, and BDSwiss mobile apps for iOS and Android |
Max Leverage (Futures) |
401769 |
1:500 for Forex accounts and 1:5 for investment accounts |
Supported Markets |
Forex, CFDs on stocks, indices, metals, energies, crypto |
Currency pairs, CFDs, indices, stocks, commodities, cryptocurrencies, and ETFs |
Trading assets |
200+ |
250+ |
Trading Accounts |
Standard, Cent, ECN, Micro, Zero Spread, Copy Trade |
Classic, VIP, Raw, InvestPLUS |
Base Account Currencies |
EUR, USD |
EUR, USD, GBP |
FBS vs BDSwiss: Fees
Forex Trading Fees
| Fee | FBS | BDSwiss |
|---|---|---|
Standard Account EURUSD Average Spread |
0.8 pips |
1.6 pips |
Standard Account Fee |
$0 |
$0 |
ECN/STP Account Fee |
$6 per lot |
$5 per lot |
ECN Account EUR Average Spread |
0.2 pips |
0.2 pips |
CFD Trading Fees
| Fee | FBS | BDSwiss |
|---|---|---|
CFD Trading Fee |
US Shares - 0.7%, other markets - folating spread above the average |
Floating spread |
Non-Trading Fees
| Fee | FBS | BDSwiss |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
Receiving costs are covered by BDSwiss |
Withdrawal Fee |
1$ Visa, Neteller 2%, min - 1$, max - 30$ fee, Skrill - 1% + 0.32$, PerfectMoney - 0.5% |
Receiving costs are covered by BDSwiss |
Inactivity Fee |
No |
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 |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
FBS vs BDSwiss: Trading Assets
| Asset Name | FBS | BDSwiss |
|---|---|---|
Overall |
200+ |
250+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
No |
Indices |
Yes (CFD) |
Yes |
ETFs |
No |
Yes |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
FBS or BDSwiss: Investment Programs
| Asset Name | FBS | BDSwiss |
|---|---|---|
Copy Trading |
Yes |
No |
MAM/PAMM |
Yes |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: BDSwiss or FBS
| FBS | BDSwiss | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
FBSTrader |
No |
Others |
No |
No |
|
|
|
FBS vs BDSwiss: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | FBS | BDSwiss |
|---|---|---|
Bank Transfer |
No |
No |
Debit Card |
Yes |
Yes |
Electronic Wallets |
Yes |
Yes |
Crypto |
No |
No |
FBS vs BDSwiss: Research
| Research Type | FBS | BDSwiss |
|---|---|---|
News Feed |
Yes |
No |
Fundamental Data |
Yes |
No |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
No |
E-Mail Reports |
Yes |
No |
FBS vs BDSwiss: Education
| Education Type | FBS | BDSwiss |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
No |
Articles |
Yes |
No |
Videos |
Yes |
Yes |
Cent account |
Yes |
No |
BDSwiss vs FBS: Support
| Support Features | FBS | BDSwiss |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
FB Messenger |
No |
FBS vs BDSwiss: Forex Bonuses and Promo
| Promo | FBS | BDSwiss |
|---|---|---|
Forex Bonus |
$140 no deposit bonus, up to 100% deposit bonus (Bonuses are not available for EU and UK clients) |
No |
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. |
|
Other Promos |
By activating the option in the personal account, a trader can receive a cashback of up to $15 per lot |
|
|
|
|
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.
Top 5 Reviews on FBS
-
Comment
Verifying an account on FBS is fast and easy if you have the recommended documents. This includes a government passport or ID issued the authorities. Make sure you upload both the front and back side of it then enter your accurate date of birth used on your official documents. Mine took time because my documents seem a bit old and some parts are no longer clear. I have to get another document to complete the verification. I would have saved myself the stress and trying over again with the verification process if i tried the first time with the updated documents that has an identifiable images of me.
-
Comment
FBS leverage is one of the features traders with low deposits can use to open larger positions but it is important to use them with caution. I needed to understand how leverage works and a demo account is ideal for this to avoid losing my funds. The FBS demo account is a useful tool which i am using to learn how to trade with leverages which is what i really want to fully understand how to use before trade again in my real account. Opening a demo account on FBS is a straightforward process just that you must sign up on the platform to access the personal area where you can get the options to open a demo account starting with an initial balance of $20000. Leverage is up to 1:3000. Guy, my parctical advise. Please, don’t exceed leverage of more than 1 to 10/ Yes, you will need a higher minimum deposit, but trading with higher leverage is crazy.
-
Comment
Opening an account on FBS is simple. The first step required me to enter my details but I have the option to sign up using my Gmail address. The next step demanded I select a trading platform, account currency and leverage, when I completed the process I realized I had a standard account opened for me. From the personal area I went ahead to open a demo account which was what I needed at the moment to practice. Opening a demo account is quite easy, from the personal area, you can click on add account, select the trading platform, account currency and initial balance. You can download the trading platform app or trade with FBS mt4 webtrader terminal. The web trader terminal interface is friendly and features simple trad
-
Comment
I like this company. I almost doubled my deposit in six months. This is a very good result for me. But the most important thing is that FBS withdraws money without any problems. That is, the company fulfills all agreements with a client. Therefore, I believe that FBS can be trusted.
-
Comment
For me, FBS was one of the first brokers I started trading with; earlier, they used to advertise more online. They had contests, and I even won one of them. Overall, I traded with FBS for a couple of years, and everything suited me. They had a separate blog with analytics, where there were some good materials. Now, many things are no longer available, although the broker continues to operate in the Forex market.
- MTrading vs FBS
- Eightcap vs FBS
- Trading 212 vs FBS
- Alpari vs FBS
- Pepperstone vs FBS
- Capital.com vs FBS
- FBS vs AMP Global
- FBS vs Spreadex
- FBS vs Vantage
- FBS vs BlackBull Markets
- FBS vs SimpleFX
- FBS vs FXCC
- FBS vs XBTFX
- FBS vs NAGA
- FBS vs ETX Capital
- FBS vs FXOpen
- FBS vs City Index
- FBS vs Swissquote
- FBS vs IG
- FBS vs Saxo Bank
- FBS vs Dukascopy
- FBS vs LiteForex
- FBS vs WelTrade
- FBS vs HYCM
- FBS vs CMC Markets
- FBS vs FP Markets
- FBS vs OctaFX
- FBS vs HotForex
- FBS vs Fusion Markets
- FBS vs Plus500
- FBS vs Interactive Brokers
- FBS vs Forex.com
- FBS vs Libertex
- FBS vs Admiral Markets
- FBS vs Tickmill
- FBS vs InstaForex
- FBS vs Forex4You
- FBS vs RoboForex
- AvaTrade vs FBS
- XM vs FBS
- IC Markets vs FBS
- Exness vs FBS
- FXTM vs FBS
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.