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.
- Features and Platforms
- Available Markets
- Typical Spreads and Fees
- Security and Trust
- eToro vs. BDSwiss - Verdict
Headquarters | Israel | Seychelles |
Regulators | ASIC, CySEC, FCA, FSA | FSA, FSC Mauritius, FSCA, MWALI International Services Authority |
Tier 1 Regulator(s)? | ||
Owned by Public Company? | ||
Year Established | 2007 | 2012 |
Execution Type(s) | Market Maker | Market Maker |
Minimum Deposit | $50 - $10,000 | $10 |
Negative Balance Protection | ||
Trading Platform(s) | Proprietary platform | MetaTrader 4, MetaTrader 5, Proprietary platform |
Average Trading Cost EUR/USD | N/A | 1.2 pips ($12.00) |
Average Trading Cost GBP/USD | 2.2 pips | 1.6 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 pips | 0.0 pips |
Minimum Standard Spreads | 1.3 pips | 1.0 pips |
Minimum Commission for Forex | $0.00 | $6.00 |
Islamic Account | ||
Signals | ||
US Persons Accepted? | ||
Managed Accounts | ||
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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 | ||
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Available Markets
Currency Pairs | ||
Cryptocurrencies | ||
Commodities | ||
Crude Oil | ||
Gold | ||
Metals | ||
Equity Indices | ||
Stocks (non-CFDs) | ||
Bonds | ||
ETFs | ||
Options | ||
Futures | ||
Synthetics | ||
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eToro and BDSwiss maintain a balanced asset selection suitable for most traders, but eToro has more quantity. Both brokers offer commission-free, unleveraged direct stock, and ETF investments. eToro maintains an overall better asset selection.
Typical Spreads and Fees
Average Trading Cost EUR/USD | N/A | 1.2 pips ($12.00) |
Average Trading Cost GBP/USD | 2.2 pips | 1.6 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 pips | 0.0 pips |
Minimum Standard Spreads | 1.3 pips | 1.0 pips |
Minimum Commission for Forex | $0.00 | $6.00 |
Deposit Fee | ||
Withdrawal Fee | ||
Inactivity Fee | $10 monthly after 12 monthd | |
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The cost structures at both eToro and BDSwiss is expensive, but eToro is $5 per lot cheaper. Both brokers offer 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 Kingdom | Mauritius, Malawi, Seychelles, South Africa |
Name of the Regulator | ASIC, CySEC, FCA, FSA | FSA, FSC Mauritius, FSCA, MWALI International Services Authority |
Regulatory License Number | 491139, 109/10, 583263, SD076 | C116016172, SD047, 49479, T2023244 |
Regulatory Tier | N/A | 4, 4, 2, 5 |
Visit Website Your investment value may change. Capital is at risk. | Visit Website |
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
Pros | Cons |
---|---|
Copy-trading with a community numbering almost 25 million traders | Higher minimum deposit requirement but within a reasonable range |
User-friendly web-based trading platform and mobile app | Absence 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
Pros | Cons |
---|---|
Quality trading tools by Trading Central and Autochartist | Portfolios 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.
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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.