Plus500 vs BDSwiss
Plus500 or BDSwiss – which is better for UK traders 2024? Compare Plus500 and BDSwiss in this detailed breakdown of their platforms, features and fees.
Plus500 | BDSwiss |
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Plus500 is ranked #21 among CFD brokers. | BDSwiss is ranked #97 among CFD brokers. |
Established in 2008 and headquartered in Israel, Plus500 is a prominent brokerage that boasts over 25 million registered traders in over 50 countries. Specializing in CFD trading, the company offers an intuitive, proprietary platform and mobile app. It maintains competitive spreads and does not charge commissions or deposit or withdrawal fees. Plus500 also continues to shine as one of the most trusted brokers with licenses from reputable regulators, including the FCA, ASIC and CySEC. |
BDSwiss has closed or no longer accepts UK clients.
BDSwiss is an award-winning forex and CFD broker founded in 2012. The firm offers 250+ instruments to clients in over 180 countries. With spreads from zero pips and three powerful charting platforms, they offer a rounded trading package for beginners and seasoned investors alike. The broker is regulated by the Mauritius FSC and Seychelles FSA. |
81% of retail CFD accounts lose money. | |
Pros | |
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Cons | |
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Awards | |
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FCA Regulated | |
Yes | No |
Instruments | |
CFDs on Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$100 | $10 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA | FSC, FSA |
Mobile Apps | |
iOS, Android & Windows | iOS & Android |
Trading App | |
Plus500 have developed their mobile apps to match the WebTrader online platform . Secure and reliable, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here. |
The BDSwiss Online Forex Trading app, makes 250+ markets available for online trading on a fast, modern and user friendly platform. More features could be added, and the overall rating by users is a concern, though the service is responsive and reliable. |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | No |
MetaTrader 4 | |
No | Yes |
MetaTrader 5 | |
No | Yes |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | No |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
No | No |
STP Account | |
No | No |
ECN Account | |
No | Yes |
DMA Account | |
No | No |
MAM Account | |
No | Yes |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | No |
Market Maker | |
Yes | No |
P2P Trading | |
No | No |
Spot Trading | |
No | Yes |
Auto Trading | |
No | |
Copy Trading | |
No | Yes |
Copy Trading Platform | |
Forex copy trading is available through the broker's partner program, with access to successful investors selling their positions and strategies to aspiring traders. The fully automated service allows experienced traders to earn extra revenue, with various payout plans available. | |
Social Trading | |
No | No |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
Yes | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
Yes | No |
Inactivity Fee | |
$10 | $30 |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Commodities | |
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CFD | |
Plus500 presents commission-free CFDs encompassing a vast array of markets, spanning currencies, stocks, indices, and commodities. You can engage in long or short positions on popular assets, benefiting from adaptable leverage without encountering any concealed fees. | BD Swiss offers CFDs on 250+ instruments through the MT4 and MT5 platforms or an in-house app - all of which deliver a superb trading environment. The proprietary Webtrader, for example, offers over 50 indicators and studies, plus a Trend Analysis tool. |
Leverage | |
1:30 | 1:30 |
FTSE Spread | |
1.2 | 1.0 |
GBPUSD Spread< | |
1.1 | 1.7 |
Oil Spread | |
0.04 | 0.8 |
Stocks Spread | |
0.08 | 0.1 |
Forex | |
Plus500 provides forex trading through CFDs, featuring narrow spreads across an impressive selection of over 60 currency pairs. During testing, spreads came in as tight as 0.6 pips on the EUR/USD, which is notably lower than many alternatives. | BDSwiss continues to offer an above-average selection of 50+ currency pairs with leverage up to 1:400 on major pairs. Typical spreads for EURUSD come in at a competitive 0.3 pips plus a $6 commission which is in line with our award-winner, Pepperstone. |
Assets | |
60+ | 50+ |
GBPUSD Spread | |
1.1 | 1.7 |
EURUSD Spread | |
0.6 | 1.2 |
EURGBP Spread | |
1.4 | 1.3 |
Cryptocurrency | |
Investors can trade on rising and falling prices with CFDs on popular cryptos like Bitcoin. Plus500 also stands out for its crypto indices, which offer diversification opportunities by tracking a basket of leading digital currencies. Availability subject to regulation. | BD Swiss traders can access CFDs on 22 different cryptocurrencies paired with USD, while BTC and ETH can also be traded in pairs with GBP and EUR. The 26.57 BTCUSD spread is higher than the cheapest crypto brokers but there are zero commissions. |
Spread | |
Variable | BTC from 1% |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Plus500 | BDSwiss |
81% of retail CFD accounts lose money. | |
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