RoboForex vs BDSwiss | Which is best 2024 (2024)

RoboForex vs BDSwiss | Which is best 2024 (1)

Review

4.5

RoboForex vs BDSwiss | Which is best 2024 (2)

Review

3.8

RoboForex vs BDSwiss | Which is best 2024 (3) Traders from US not accepted

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RoboForex vs BDSwiss | Which is best 2024 (4) Traders from US not accepted

See available CFD brokers

RoboForex is a global broker launched in 2009 and regulated by the Belize FSC. The firm offers more than 12,000 instruments spanning 9 asset classes with trades from 0.01 lots and spreads from 0 pips. The broker's advanced copy trading tool is also home to thousands of active day traders.

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 day trading package for beginners and seasoned investors alike. The broker is regulated by the Mauritius FSC and Seychelles FSA.

RoboForex Ltd and its affiliates do not target EU/EEA/UK clients. Please be aware that you are able to receive investment services from a third-country firm at your own exclusive initiative only, taking all the risks involved. Customer Reviews

3.5

Based on 2 RoboForex customer reviews

Bonus Offer $30 No Deposit Bonus Comment by Reviewer "RoboForex is a good pick for traders looking for a vast range of day trading markets with ECN accounts, powerful charting platforms and loyalty promotions. Real stocks traders will also appreciate the R Stocks Trader terminal, with automated trading capabilities." "BDSwiss will suit active day traders looking for raw pricing, fast execution and powerful trading software with a range of pre-included analysis tools. That said, the range of 250+ assets is smaller than most top competitors." Pros
  • The proprietary R Stocks Trader terminal rivals leading platforms like MT4, with netting and hedging capabilities, comprehensive backtesting, and Level II pricing
  • Automated trading is permitted in all platforms with user-friendly robot builders and strategy testing features
  • ECN and Prime accounts are available for active day traders looking for low fees and market execution
  • Fast account funding is available, with over 20 payment methods and minimum deposits from $5
  • There's a VPS server for experienced investors looking for 24/7 uninterrupted trading
  • Traders can get two free withdrawals each month, among other promotional deals
  • You can access commission-free trading on thousands of US stocks
  • Choice of powerful day trading terminals, including an in-house app with 50+ technical tools, a Trend Analysis feature and an advanced Market Watch window
  • BDSwiss maintains its position as a fast execution broker, with speeds averaging 0.06 seconds plus 78.3% zero/positive slippage at the time of writing
  • The broker continues to offer superb market research with daily expert insights, the Autochartist market scanning tool, and a forex heatmap
  • There are several account types to suit different traders and budgets, with just a $10 minimum deposit and dynamic leverage up to 1:2000
  • The knowledgeable support team is available 24/5 in 20 languages and the live chat service is responsive based on tests
  • BDSwiss offers an excellent suite of education resources for beginners including webinars, eBooks and seminars
  • BDSwiss is a globally recognised brand with a 10+ year history transparent trading conditions
Cons
  • The demo account expires after only 90 days, which is more restricting than some competitors - OANDA's demo, for example, does not have a time limit
  • The broker's offering varies between accounts, especially in regard to market access, leverage and additional perks
  • The broker's range of 40+ currency pairs is mediocre - one of our top award-winners, Pepperstone, offers 90+
  • There's a $30 inactivity fee after 90 days which is higher than several top competitors, including XM which only charges $5
  • The range of 250+ assets is mediocre compared to most leading brokers which typically offer 1000+
  • The lack of a top-tier regulator like the CySEC or ASIC brings down the trust score a little
  • VPS plans start from €30 per month, which is not the cheapest
Awards
  • Best Global Mobile Trading App 2020 - Global Forex Awards B2B
  • Best Broker of the CIS 2019 - IAFT Awards
  • Best Investment Platform 2019 - IAFT Awards
  • Best Educational Forex-Center CIS 2019 - IAFT Awards
  • Best Stock Broker Asia 2019 - International Business Magazine Awards
  • Best Investment Products 2019 - Global Brands Magazine
Instruments CFDs, Forex, Stocks, Indices, Commodities, ETFs CFDs, Forex, Stocks, Indices, Commodities, Crypto Demo Account Yes Yes Minimum Deposit $10 $10 Trading Platforms
  • R StocksTrader
  • MT4
  • MT5
  • BDSwiss Webtrader
  • MT4
  • MT5
Payment Methods
  • ADVcash
  • Alipay
  • AstroPay
  • Cashu
  • ecoPayz
  • Giropay
  • iDeal
  • MoneyGram
  • Neteller
  • Perfect Money
  • POLi
  • Rapid Transfer
  • SafeCharge
  • Skrill
  • Sofort
  • Trustly
  • Vietcombank Transfer
  • Visa
  • WeChat Pay
  • Wire Transfer
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • M-Pesa
  • Mastercard
  • Neteller
  • PIX Payment
  • Skrill
  • Sofort
  • Wire Transfer
Minimum Trade 0.01 Lots 0.01 Lots Regulator FSC FSC, FSA Margin Trading Yes No STP Account Yes No ECN Account Yes Yes DMA Account No No MAM Account Yes Yes PAMM Account No No LAMM Account Yes No Demat Account No No AI / Machine Learning No No Robo Advisor No No Negative Balance Protection No No Market Maker No No P2P Trading No No Spot Trading Yes Yes Mobile Apps iOS & Android, R StocksTrader iOS & Android App Review

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.

Android App Rating

4.4

3.8

iOS App Rating

4.7

5

Auto Trading Expert Advisors (EAs) on MetaTrader Copy Trading Yes Yes Copy Trading Platform RoboForex offers a market-leading copy trading service for currency traders - CopyFX. The minimum investment is low at $100 and you retain control over your allocated funds. RoboForex also offers MetaTrader 4 MultiTerminal (Multi Account Manager), allowing traders to manage multiple accounts from one master solution. 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 Yes No Trade Signals Yes VPS Hosting No No Tournaments No No Demo Competitions Yes No Ethical Investing No No Custodial Account No No Guaranteed Stop Loss No No Inactivity Fee $0 $30 Islamic Account Yes Yes Account Currencies
  • USD
  • EUR
  • USD
  • EUR
  • GBP
  • SEK
  • PLN
Stock Exchanges
  • Dow Jones
  • Nasdaq
  • New York Stock Exchange
  • SIX Swiss Exchange
  • Euronext
  • SIX Swiss Exchange
Commodities
  • Gold
  • Nickel
  • Silver
  • Gold
  • Natural Gas
  • Silver
CFD Trading There's a huge selection of 12000+ CFDs covering forex, stocks, indices, ETFs, commodities and futures. Micro lot trading is available and you can start with just $10 - ideal for beginners or traders on a budget. Additionally, the loyalty bonuses will serve seasoned day traders. BD Swiss offers CFDs on 250+ instruments through the MT4 and MT5 platforms or an in-house app - all of which deliver a superb day trading environment. The proprietary Webtrader, for example, offers over 50 indicators and studies, plus a Trend Analysis tool. Leverage 1:2000 1:30 FTSE Spread N/A 1.0 GBPUSD Spread 2 1.7 Oil Spread 5.2 0.8 Stocks Spread 0.1 0.1 Forex Trading RoboForex offers over 30 currency pairs with tight spreads from 0 pips. Forex traders have a choice of leading platforms including MT4, MT5 and an in-house web trader. The CopyFX system also lets you mirror experienced currency traders with a $100 minimum investment. 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. Forex App

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.

GBPUSD Spread 2.0 1.7 EURUSD Spread 1.4 1.2 EURGBP Spread 1.6 1.3 Assets 30+ 50+ Cryptocurrency Crypto trading not offered 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
  • No
  • BTC
  • ETH
  • DASH
  • EOS
  • BCH
  • ZCASH
  • MON
  • IOTA
  • XRM
  • NEO
  • OMG
  • ZEC
  • XMR
Crypto Lending No No Crypto Mining No No Crypto Staking No No Auto Market Maker No No

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RoboForex vs BDSwiss | Which is best 2024 (5)

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RoboForex vs BDSwiss | Which is best 2024 (6)

RoboForex Ltd and its affiliates do not target EU/EEA/UK clients. Please be aware that you are able to receive investment services from a third-country firm at your own exclusive initiative only, taking all the risks involved. More Comparisons RoboForex
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RoboForex vs BDSwiss | Which is best 2024 (2024)
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