When it comes to online trading, selecting the right broker can make a huge difference in your success. Two of the most popular brokers in the forex market are Exness and BDSwiss. Both have built strong reputations, but which one is better for your trading style and needs? In this detailed comparison of Exness vs BDSwiss, we will break down their key features, platforms, fees, customer support, and more to help you make an informed decision.
This table highlights the main differences between the two brokers to help with a quick comparison.
| Feature | Exness | BDSwiss |
|---|---|---|
| Founded | 2008 | 2012 |
| Trading Platforms | MetaTrader 4, MetaTrader 5, Exness WebTrader | MetaTrader 4, MetaTrader 5, BDSwiss WebTrader |
| Leverage | Up to 1:2000 (or unlimited) | Up to 1:500 |
| Spreads | From 0.0 pips | From 1.5 pips |
| Account Types | Standard, Pro, Zero, Raw Spread | Basic, VIP, Raw Spread |
| Regulation | CySEC, FCA, FSCA | CySEC, FSC |
| Customer Support | 24/7, multilingual | 24/5, multilingual |
| Mobile App | Yes | Yes |
| Educational Resources | Moderate | Extensive |
| Withdrawal Fees | No | Yes (for some methods) |
Overview of Exness and BDSwiss
Exness:
Exness was founded in 2008 and has since grown to become a global leader in the forex and CFD (Contracts for Difference) trading space. It offers a wide range of financial instruments, including forex pairs, cryptocurrencies, stocks, and commodities. Exness is known for its low spreads, high leverage options, and transparent pricing.
BDSwiss:
BDSwiss, established in 2012, has rapidly expanded its presence in the online trading industry. Offering a variety of trading assets such as forex, indices, stocks, and commodities, BDSwiss is recognized for its user-friendly platform, educational resources, and professional customer support. Like Exness, BDSwiss also provides competitive trading conditions.
Trading Platforms
Exness:
Exness offers its traders access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are some of the most popular trading platforms in the industry. These platforms are known for their advanced charting tools, technical indicators, and automated trading options. Additionally, Exness provides its own Exness WebTrader, which is easy to use for beginners.
Exness also offers mobile trading apps, allowing traders to monitor and manage trades from their smartphones.
BDSwiss:
BDSwiss also supports the industry-standard MT4 and MT5 platforms. These platforms offer advanced charting tools, automated trading systems, and a range of trading indicators. On top of this, BDSwiss has developed its own BDSwiss WebTrader, which is highly intuitive and suitable for traders of all experience levels.
BDSwiss also offers a well-designed mobile app that lets traders trade on the go.
Fees and Spreads
Exness:
Exness is known for its tight spreads, especially on major forex pairs. Spreads can be as low as 0.0 pips on some accounts, making it a highly cost-effective option for traders. The broker offers different account types (Standard, Raw Spread, Zero, and Pro), each with its own fee structure.
There are no hidden commissions on Exness’ standard accounts, but the Raw Spread and Zero accounts come with very small commissions for professional traders.
BDSwiss:
BDSwiss offers competitive spreads, though they tend to be slightly wider than Exness. The broker provides different account types (Basic, VIP, Raw Spread) with varying spreads and commissions. For example, the Raw Spread account offers lower spreads but includes a commission on trades.
BDSwiss charges some withdrawal fees depending on the payment method, which is something to consider when comparing brokers.
Leverage Options
Exness:
One of Exness’s standout features is its flexible leverage options. For retail clients, leverage can go as high as 1:2000 or even unlimited in certain regions, depending on the financial instrument. This makes it ideal for traders looking to maximize their potential returns with smaller capital.
BDSwiss:
BDSwiss offers leverage up to 1:500, which is quite competitive but not as high as Exness. This level of leverage is still attractive for many retail traders, especially those looking for a good balance between risk and reward.
Regulation and Safety
Exness:
Exness is a well-regulated broker, operating under licenses from several authorities, including CySEC, FCA, and FSCA. It has earned a reputation for maintaining transparency and prioritizing client fund safety, segregating client funds in top-tier banks.
BDSwiss:
BDSwiss is also heavily regulated, holding licenses from reputable authorities such as CySEC and FSC. The broker complies with strict regulatory standards, ensuring that client funds are protected and transactions are secure.
Customer Support
Exness:
Exness provides 24/7 customer support in multiple languages, which is an advantage for global traders. The broker can be contacted via live chat, phone, or email, ensuring help is always available when needed.
BDSwiss:
BDSwiss also offers strong customer service with multilingual support available 24/5. The broker is known for its responsive support team, which can be reached through live chat, email, or phone. BDSwiss also offers a comprehensive FAQ section and educational resources for beginner traders.
Account Types
Exness:
Exness offers four main account types:
- Standard Account: Ideal for beginners, with no commission and competitive spreads.
- Pro Account: Tailored for more experienced traders with instant execution.
- Zero Account: Features zero spreads for the majority of the trading day.
- Raw Spread Account: Offers the tightest spreads, but with a small commission.
BDSwiss:
BDSwiss provides three main account types:
- Basic Account: Suitable for beginners with moderate spreads.
- VIP Account: Offers tighter spreads, educational materials, and exclusive perks.
- Raw Spread Account: Best suited for professionals, with low spreads and a commission structure.
Education and Tools
Exness:
Exness provides a solid range of educational materials, including market analysis, economic calendars, and webinars. However, it could offer more advanced educational resources for beginners.
BDSwiss:
BDSwiss is well-known for its educational resources. It offers trading courses, webinars, and daily market analysis, making it ideal for traders who are still learning the ropes or those looking to improve their strategies.
Final Verdict
When comparing Exness vs BDSwiss, the choice largely depends on your individual trading needs:
- Choose Exness if you’re looking for tight spreads, high leverage, and 24/7 customer support. It’s an excellent option for both beginners and experienced traders, particularly those who prioritize cost-effectiveness.
- Choose BDSwiss if you prefer user-friendly platforms, strong educational resources, and competitive spreads without requiring extremely high leverage. BDSwiss is great for traders looking for comprehensive support and a solid trading environment.
Ultimately, both brokers have a lot to offer, but your decision should depend on your trading preferences, experience level, and specific goals.
Editorial Staff at Chweya is a team of financial experts led by Vincent Nyagaka, with over 9 years of experience in finance, commerce, forex, crypto, and marketing. Started in 2014, Chweya is now among the largest free financial resource sites in the industry and is often referred to as Wikipedia for business.