Best BDSwiss Alternatives

logomark Anthony Gallagher calendar Last Updated: November 2021 timer 5 min read
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BDSwiss is a leader in the forex trading space. It serves over 1.5 million traders across the world with offices in more than 10 locations of the world. It offers a wide range of trading accounts.

They are regulated by recognized regulatory agencies, including the NFA in the US. In terms of safety, they employ segregated accounts to receive traders’ deposits. If you are trading from the EU, there is protective insurance for you. You can read our BDSwiss review to get a full understanding of the features, products, and services that this broker offers.

There are BDSwiss alternatives that you can still use to access the financial markets. And that’s why we curated this article to guide you. But before we dive deeper, the table below shows an overview of the top 10 BDSwiss alternatives.

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

BDSwiss Alternatives Alternative for Minimum Deposit
Pepperstone Spread Betting, Scalping, MAM/PAMM Account $0*
eToro Copy trading and real stocks trading $200
Plus500 Unlimited demo account and good range of assets $100
IC Markets Scalping, MAM/PAMM $0
AvaTrade Spread betting, fixed spreads $100
Admiral Markets Real stocks and ETFs trading, great account choice $100 ($1 Invest Account)
XTB Low spreads and good range of assets $0
IG Markets Massive range of instruments, Spread Betting $250
HotForex PAMM Account, fast executions $5
OctaFX Scalping $5 ($100 for EU traders)

*200$ suggested by Pepperstone

Table of contents

BDSwiss Scalping and Low Spread Alternatives

When choosing an online broker to help you access the financial market, there are some things you need to look out for. Two of them are the ability to scalp and whether or not the broker offers low spread.

With this in mind, we have put together some BDSwiss scalping and low spread alternatives for your consideration. More so, you can take a look at our top 10 low spread forex brokers for more information about these brokers.

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Broker Minimum Deposit Avg Spreads EUR/USD
Pepperstone $0* 0.13 pips
IC Markets $0 0.1 pips
Admiral Markets $100 ($1 Invest) 0.1 pips
XTB $0 0.9 pips
OctaFX $5 ($100 for EU traders) 0.7 pips

BDSwiss Copy Trading Alternatives

Copy trading is a trading concept that has come to stay. If you are a new trader without any experience whatsoever on the FX market, you’re likely to lose your trading account unless you learn from the pros.

Copy trading allows you to “copy” the trading strategies of any professional trader. If the market doesn’t go south and the professional trader makes money, you also make money. Similarly, if the professional trader loses money, you will also burn your fingers on the market. You can read our top 10 copy Trading best platforms guide for more information on what to look out for when choosing BDSwiss copy trading alternatives.

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Broker Minimum Deposit Copy Trading Platform
eToro $200 WebTrader
Pepperstone $200 DupliTrade, Myfxbook
IC Markets $0 ZuluTrade
AvaTrade $100 ZuluTrade, DupliTrade

BDSwiss Spread Betting Alternatives

Spread betting is also a trading concept that you can leverage to access the forex market. The table below shows three best BDSwiss alternatives for spread betting.

You can read our top 10 uk spread betting forex brokers guide for more information on how to choose the best BDSwiss alternatives for spread betting.

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Broker Minimum Deposit Minimum Bet
Pepperstone $200 0.2£
AvaTrade $100 0.10 points
IG Markets $250 10p

BDSwiss MAM/PAMM Account Alternatives

PAMM or percentage allocation money management can be described as a situation where a number of traders pool their funds to trade the forex market in order to make higher profits.

Find below the top three BDSwiss MAM/PAMM account alternatives. You can also take a look at our top 10 pamm forex brokers for other brokers in the same category.

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Broker Minimum Deposit N. of Allocation Methods
Pepperstone $200 3
IC Markets $0 10
HotForex $5 6

BDSwiss Unlimited Demo Account Alternatives

The essence of using a demo account to test a new trading strategy cannot be overemphasized. At its core, a demo account is an account type that new traders can use to become familiar with the FX market before switching to a live account to make real money.

The only disadvantage of using a demo account is that you won’t make real money. For brokers with an unlimited demo account, check our top 10 best forex demo account guide. The guide will provide you with all the information required to choose the best broker.

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Broker Demo account duration Minimum Deposit for a live account
eToro Unlimited $200
Plus500 Unlimited $100
XTB Unlimited $0
IG Markets Unlimited $250
HotForex Unlimited $5

Choosing a BDSwiss Alternative: Main perks and characteristics

BDSwiss is a STP/ECN broker offering one of the lowest spreads on the market. BDSwiss offers spreads starting from 0 pips if you are using a Raw Account. However, if you use other accounts, the spreads on such an account are higher than the Raw Account. You can expect anything between 1.1 pips and 1.5 pips.

This broker has a proprietary trading platform alongside the MT4 and MT5 platform. To start trading, you need a minimum of $100 to open an individual trading account. To use the BDSwiss VIP and Raw Accounts, you need a minimum deposit of $3000 and $5000 respectively.

What is BDSwiss missing?

No broker on the market has every feature in one single package. The same can also be said of BDSwiss. There are a number of features that are still lacking on this broker, and that’s what this section seeks to highlight. You can read our top 10 best forex brokers to enable you to make an informed decision.

BDSwiss Alternatives Comparison

The table below shows the best BDSwiss alternatives in terms of minimum deposit requirements, low spreads, spread betting, copy trading, as well as execution.

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Feature Minimum Deposit Low Spreads from 0 pips Spread Betting Copy Trading Execution
BDSwiss $0 Yes No No ECN/STP
Pepperstone $0* Yes Yes Yes ECN/STP
eToro $200 No No Yes STP
Plus500 $100 No No No Market Maker
IC Markets $0 Yes No Yes ECN
AvaTrade $100 No Yes Yes Market Maker
Admiral Markets $100 ($1 Invest Account) Yes No No ECN/STP
XTB $0 Yes No No Market Maker
IG Markets $250 No Yes No Market Maker
HotForex $5 Yes No Yes ECN/STP
OctaFX $5 ($100 for EU traders) Yes No Yes ECN/DMA

*200$ suggested by Pepperstone

BDSwiss Alternatives FAQ

What is BDSwiss’ best alternative?

Considering all the factors we have highlighted in this article, BDswiss’ best alternative is Pepperstone. Then for specific features, the best BDSwiss alternatives for scalping is Pepperstone. The best alternative for copy trading is eToro. For spread betting, again we opt for Pepperstone. For the functionalities of the MAM/PAMM Account, we opt for IC Markets.

Lastly, the best BDSwiss alternatives for unlimited demo account is Plus500.


About the Author

Anthony Gallagher

Broker Expert

Anthony is a financial journalist and business advisor with several years’ experience writing for some of the most well-known sites in the Forex world.

A trader turned industry writer, he is currently based in Shanghai with a finger on the pulse of Asia’s biggest markets.

He is a keen golfer with a very high handicap so when not helping you find the best broker for your needs, you may find him on the course or just as likely following any number of sports from the comfort of his sofa.


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