BDSwiss vs eToro: Which One is Better for You?
BDSwiss vs eToro, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between BDSwiss vs eToro, here is the direct comparison:
|Office(s)||Cyprus, Germany, Philippines, Seychelles||China, Cyprus, United Kingdom|
FSA (Seychelles), SD047
FSC (Mauritius), C116016172
FCA (UK), FRN 583263
FINRA, 298361/SEC#: 8-70212
|Minimum Position||0.01 lot||0.1 lot|
|Payment||giropay, paysafecard, Skrill, SOFORT, Ukash, Wire transfer||Credit/debit cards, Neteller, PayPal, Skrill, UnionPay, WebMoney, Wire transfer, Yandex.Money|
|US traders are welcome|
|Requires sending documents via postal mail|
|Overnight interest rates (swaps)|
|Trading by telephone|
|Interest rate on funds|
Trading Platforms and Complements
|Trading via API|
|One-Cancels-Other (OCO) orders|
|Gold & silver|
|Website Languages||Arabic, Czech, Danish, English, German, Hindi, Italian, Korean, Norwegian, Polish, Romanian, Russian, Spanish, Thai, Vietnamese||Arabic, Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Norwegian, Polish, Portuguese, Romanian, Russian, Spanish, Swedish|
Barry JonesSep 1 2020
BDSwiss is highly recommended broker because their fast withdrawal request. Based on my own experience!
James CurtisSep 1 2020
good strong broker with many years experience far spreads, and good commissions, over all well trusted and doing well would recommend
Susan BonesSep 1 2020
BDSwiss have an amazing and fantastic trading apps. I highly recommend them. Their app is user friendly and very easy to set up and start trading.
Adam CurtisSep 1 2020
Both me and my friend had a terrible time trying to withdraw profits. So now I avoiding this broker.
George NSep 25 2020
Withdraw my profit without problem and they have a great customet service.
SullivanSep 1 2020
I don't know why they hold back my money. I just want to withdraw my money because I need it. Please give my money back.
Jane CharlesSep 1 2020
Bdswiss is the best broker. Their attitude towards customer services is really good. You can be sure your funds are very very safe. Their trading condition is just also very good.
rosetitan98Sep 1 2020
I have been trading with BDSwiss for just over a year now and currently never had a problem with them at all only deposited small amounts at first and finally deposited a big amount but didn’t check the reviews of them till after I added it to my account. So after reading a few bad reviews about withdrawal problems which I have never had and been complete within 24hr it just made me think. Hopefully something they can work on.
Andrew AdamSep 1 2020
I can not rate them properly for what I experienced so far. Some reviews are good, but others are bad enough. Please improve withdrawal approval period. Thank you.
Tim BSep 1 2020
I think BDSwiss is an average broker. They often manipulated entries, SL, TP points. Sometimes the positions are closed without notice. The only good thing about them is their customer support.
Dominique DSep 1 2020
BDSwiss has higher spreads other than another broker which is upsetting. Heard their withdrawal process also difficult. There's plenty broker out there better than Bdswiss.
Benjamin ShilleSep 1 2020
They do not have many bonuses, but there are a variety of tools and materials as a new trader. Swap free and Islamic accounts are available. BDSwiss offers trading on Webtrader, MT4, MT5, and mobile app.
Aisha BakerSep 1 2020
I have not heard much about this broker in Asia then I decided to give it a try. Fully regulated broker under CySec, FSC and NFA. Local deposit methods available in Asia. Account verification took less than 24 hours to complete. Spreads from 0 for Raw account, although a credit card is needed for the subscription fee. I have contacted their live chat service countless times and they are always quick to respond.
Bernard KSep 1 2020
I've been using this broker for some months ,it's the worse so far of all that I have used. I've made a withdrawal to skrill two days ago, which should be instant after they process it, and haven't received the withdrawal yet.
Olivia PSep 25 2020
Put money in now waited over 3 months and still no withdrawal. I'm not the only one waiting for this process to be done.
Bububaba93Sep 1 2020
Reading all comments about BDSwiss withdrawal process really made me have a second thought. Is it really that bad? Also I think 2-5 days withdrawal is pretty common right?
Angel KobastamiSep 1 2020
My experience with BDSwiss was a very good one. I made a pretty good profit and NO REQUOTE!!! I recommend this broker.
Daniel MSep 1 2020
BDSwiss support system should have solved my problem quickly because of updating the deposit data (late to my trading account). Other than that, the withdrawal process took only 2 days max.
Ray EyedSep 1 2020
I didn't face withdrawal problems like others ppl. The raw account is good but it should need less than 5k deposit minimum. A little bit expensive for me.
R. HasanSep 1 2020
Not like most of users, I don’t have any problems with my withdrawal process. Withdrawal was sent to my account within 5 days of request.
jedi90Oct 8 2020
Terrible customer service. I’ve spent 2 weeks waiting to get verified. Its saying that by depositing money it will be faster, i do not believe this. What means if you deposit it’s faster?? You have to verify asap after you’re seeing that i have uploaded my documents, money doesn’t sleep, I’m loosing money while waiting. Got my account activated 4 weeks later.
Jason CrownSep 24 2020
I became customer and they start dialing me for days. I did not ask for this. This is the reason I terminated my account and withdrew my funds. I better stick to crypto trading on real crypto exchanges.
Jasmine ShahSep 24 2020
Despite that the sign up takes time, and few people thought that it is a scam, I can say that eToro is a reliable trading platform. I'm happy to see that my profit increases while being stuck in this pandemic. Thank you!
HenderySep 24 2020
I love eToro for many reasons. It is a social investment/trading platform so you will be able to exchange ideas with other users. It has a unique feature to copy portfolios of successful traders you like on the platform. It’s also really transparent as you’ll see returns and trading history of other users. Definitely recommend.
Gemma AnthonySep 23 2020
I have been with etoro for a couple of months now I have found them nothing but excellent. I am new to the game and I have found that I am finding my feet and that I have no problem with etoro they make it simple for me to invest and also very simple to withdrawal I can't thank them enough for this platform.
Carly FoehrSep 21 2020
The app and website always crashes whenever there is an opportunity to earn profits. What is the point having etoro anyways?? if it cant provide its users a proper platform to trade on.
Noah CarlesnSep 21 2020
Their support blames you even when it is a server side issue. I bought a stock they took the money out of my account but the position didn’t appear (it just randomly opened later) I bought it at market open.
asx88Sep 20 2020
It looks like a good website until you want to withdraw your money and need the customer support for help. I'am waiting a month now to get my money back, but it's still not on my account.
Hok ChoSep 20 2020
The withdrawal process is confusing. Cannot even withdrawn using bank deposit.
DellamarieSep 20 2020
My experience was bad with Etoro and there are many reasons. The platform stops working in case of profit and the inability to close profitable trades.When the payment is withdrawn, the account is suspended due to violation of Etoro's terms.
Kina BSep 20 2020
I have been trading with Etoro for a while now dough I have only made small deposit I find the site to be reliable, also have made withdrawal and find it reliable in that area as well. Their platform is very good don't get me wrong I just prefer the MT4 platform; I give them a 4 star not because they don't deserve a 5 star is for the lack of MT4 other than that kudos to you Etoro.
Laila MoonSep 18 2020
Solid platform its just expensive to use. The lay out is good but opening the same trades on my etoro account compaired to my mt4 account is shocking. I always make less money with etoro . Good platform for absolute beginners.
Megan WheySep 16 2020
Besides low tradeing fee, anything else is horrible. The worst fact its that their app won't work on mondays when US market opens. I lost a ton because i wasn't able to reach my positions in time and they won't even care.
Jules RSep 15 2020
eToro is very user-friendly and easy to navigate. As an investor, I like how easy it is to monitor each position I open and set up my entry and target point. It's an awesome social trading platform. I find myself spending more time with this app now than other social networks and trading platforms.
Azizah NSep 14 2020
I have been using it for 5 years now, high fees, but it is really easy to use, and powerful at the same time.
Arlene JSep 13 2020
SL orders have high slippage. Also they took high comission and fee on withdrawal process which is very upsetting. There are better alternatives anyway.
JosephineSep 13 2020
I don't know how this broker works. They manipulated and hunts stop loss even if your SL is 15-20 pips away. Please beware of their slippage, your chart will suddenly blank. Their chart also different from other live feeds.
Susan BuchierSep 12 2020
It looks like etoro will block all the great possibility investment and manipulated stock prices. Then after that, you will loose all of your money.
John WaltersSep 10 2020
This is either a scam or they have the worst APP and customer service ever. I have been trying to withdraw my money for weeks now and they will not give it back. Stay away.
Daniel ParkSep 10 2020
Etoro has a nice easy to use platform and is good for beginners. They have a lot of useful features and the option to copy trade other traders. It's not a bad platform, but I don’t think to stayed there for too long.
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, BDSwiss provides their pricing with Fixed while eToro offers Fixed.
BDSwiss vs eToro: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, BDSwiss enables trading with MetaTrader 4, MetaTrader 5, WebTrader. The offer is supported with Mobile trading, Browser-based platform, One-click trading, Trailing stop, Pending orders. In comparison, eToro provides trading with eToro Platform, eToro Mobile Trader with the support of Mobile trading, One-click trading.
Is BDSwiss or eToro better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, BDSwiss supports trading with Forex, Gold & silver, CFD, Oil, Stocks, Cryptocurrencies, while eToro presents the ability of trading with Forex, Gold & silver, CFD, Stocks, Indexes, Soft commodities, Metals, ETF, Cryptocurrencies.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments. To help you decide, this article here presents complete information on what you have to consider when choosing a forex broker:
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