eToro versus BDSwiss

CopyTrader and CopyPortfolios remain two core services eToro offers social traders, where 25M+ traders form one of the largest trading communities. Passive investors get in-house managed thematic investment portfolios and a growing number of ETFs. eToro also expands its cryptocurrency presence with a newly announced NFT fund. The eToro Academy, eToro plus, and The Bull Club offer beginners a quality start to financial markets.

BDSwiss offers the core MT4/MT5 trading platforms, supporting algorithmic and copy trading, excellent order execution speed, and zero requotes or rejections, confirming access to deep liquidity. Traders also get services from Trading Central and Autochartist, plus quality in-house research and education.

We have conducted an in-depth review of eToro and BDSwiss to determine which one presents the better overall choice and which traders will benefit the most at either broker.

Headquarters
IsraelSeychelles
Regulators
ASIC, CySEC, FCA, FSAFSA, FSC Mauritius, FSCA, MWALI International Services Authority
Tier 1 Regulator(s)?
Owned by Public Company?
Year Established
20072012
Execution Type(s)
Market MakerMarket Maker
Minimum Deposit
$50 - $10,000$10
Negative Balance Protection
Trading Platform(s)
Proprietary platformMetaTrader 4, MetaTrader 5, Proprietary platform
Average Trading Cost EUR/USD
1.0 pips1.2 pips ($12.00)
Average Trading Cost GBP/USD
2.2 pips1.6 pips ($16.00)
Average Trading Cost WTI Crude Oil
$0.05 $0.14
Average Trading Cost Gold
$0.45 $0.18
Retail Loss Rate
74%Undisclosed
Minimum Raw Spreads
0.8 pips0.0 pips
Minimum Standard Spreads
1.3 pips1.0 pips
Minimum Commission for Forex
$0.00$6.00
Islamic Account
Signals
US Persons Accepted?
Managed Accounts
Get StartedGet Started

Features and Platforms

MT4
MT5
MT4/MT5 Add-Ons
cTrader
Proprietary Platform
Automated Trading
Social/Copy Trading
DOM?
Guaranteed Stop Loss
Scalping
Hedging
One-Click Trading
OCO Orders
Interest on Margin
Get StartedGet Started

Noteworthy:

eToro offers cryptocurrency staking, meeting the demands of its expanding core trader base, while BDSwiss provides a 30% first deposit bonus up to $500.

Available Markets

Currency Pairs
Cryptocurrencies
Commodities
Crude Oil
Gold
Metals
Equity Indices
Stocks
N/A
Stocks (non-CFDs)
Bonds
ETFs
Options
Futures
Synthetics
Get StartedGet Started

eToro and BDSwiss maintain a balanced asset selection suitable for most traders, but eToro has more quantity, with 2,000+ CFDs versus 1,000+ at BDSwiss. Both brokers offer commission-free, unleveraged direct stock, and ETF investments. The choice of cryptocurrency CFDs at eToro and BDSwiss are above average. eToro maintains an overall better asset selection.

Typical Spreads and Fees

Average Trading Cost EUR/USD
1.0 pips1.2 pips ($12.00)
Average Trading Cost GBP/USD
2.2 pips1.6 pips ($16.00)
Average Trading Cost WTI Crude Oil
$0.05 $0.14
Average Trading Cost Gold
$0.45 $0.18
Average Trading Cost Bitcoin
$574 $24.57
Minimum Raw Spreads
0.8 pips0.0 pips
Minimum Standard Spreads
1.3 pips1.0 pips
Minimum Commission for Forex
$0.00$6.00
Deposit Fee
Withdrawal Fee
Inactivity Fee
$10 monthly after 12 monthd
Get StartedGet Started

The cost structures at both eToro and BDSwiss is expensive, but eToro is $5 per lot cheaper. Both brokers offer commission-free, unleveraged stock trading but apply a commission on leveraged positions, moderately lower at eToro.

Security and Trust

Country of the Regulator
Australia, Cyprus, Seychelles, United KingdomMauritius, Malawi, Seychelles, South Africa
Name of the Regulator
ASIC, CySEC, FCA, FSAFSA, FSC Mauritius, FSCA, MWALI International Services Authority
Regulatory License Number
491139, 109/10, 583263, SD076C116016172, SD047, 49479, T2023244
Regulatory Tier
N/A4, 4, 2, 5
Get StartedGet Started

Both brokers segregate client deposits from corporate funds and offer negative balance protection, but eToro also has a $1,000,000 third-party insurance program underwritten by Lloyd's of London. Both eToro and BDSwiss have clean regulatory track records.

eToro vs BDSwiss – Verdict

eToro

ProsCons
Copy-trading with a community numbering almost 25 million tradersHigher minimum deposit requirement but within a reasonable range
User-friendly web-based trading platform and mobile appAbsence of MT4 and no algorithmic trading
Quality educational offering for beginner traders via videos
Balanced asset selection with a focus on equity CFDs and ETFs

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

BDSwiss

ProsCons
Quality trading tools by Trading Central and AutochartistPortfolios below $5,000 must accept high Forex trading costs
Deep liquidity, fast order execution, and high leverage
In-house research and education for beginner traders
A partnership program with high payouts for passive income generation

BDSwiss offers a notably more competitive trading environment for Forex traders with deposits above $5,000. It also maintains an excellent product and services portfolio, ensuring clients have an edge. eToro remains an overall better choice for most retail traders due to cheaper costs and custom social trading services.

You might also be interested in reviewing the below broker comparisons:

Read full eToro Review
Read full BDSwiss Review

FAQs

Can BDSwiss be trusted?

BDSwiss has a clean track record, segregates client deposits from corporate funds, has a decade of experience, and complies with two regulators, making it a trusted broker.

Why is eToro not good?

eToro has relatively high trading costs and fails to support algorithmic trading.

Is BDSwiss UK regulated?

BDSwiss does not have a regulatory license in the UK.

Can you use BDSwiss in the UK?

BDSwiss accepts UK-based traders and has no restrictions on usage within the UK.

Does BDSwiss have an inactivity fee?

BDSwiss charges 10% of the account balance monthly after 90 days of inactivity.

Is my money safe in eToro?

eToro segregates client deposits from corporate funds at tier 1 banks, three of its subsidiaries have investor compensation funds, and eToro holds a $1,000,000 third-party insurance program underwritten by Lloyd's of London. Therefore, client money is safe at eToro.

What is the minimum deposit for BDSwiss?

The minimum deposit at BDSwiss is $10.

Do I own my crypto on eToro?

Clients own crypto at eToro if they purchase the physical asset, which is available for US clients, but traders who transact in CFDs, outside the US, have no direct legal ownership.

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