BDSwiss vs FreshForex Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of BDSwiss and FreshForex
| Broker | BDSwiss | FreshForex |
|---|---|---|
| Rating | 3.9/5 | 3.8/5 |
| Foundation Year | 2011 | 2003 |
| Regulated in Countries | Seychelles, Mauritius, South Africa | Saint Vincent and the Grenadines |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | BDSwiss Review | FreshForex Review |
Thanks to various assets and educational resources, BDSwiss is suitable for all traders, from beginners to professionals.
FreshForex is suitable for beginners thanks to educational materials, a wide selection of instruments, and experienced traders looking for various accounts.
BDSwiss Review
BDSwiss is an attractive broker offering a variety of trading assets, intuitive trading platforms, and a wide range of analytical and educational materials.
This broker is suitable for different types of traders, from beginners to experienced professionals, thanks to the variety of services offered and a personalized approach to each client.
Pros and Cons of BDSwiss
Pros
- Diversity of trading platforms.
- Extensive analytical and educational materials.
- A variety of deposit and withdrawal methods without commissions.
Cons
- Spreads and swaps are higher than the market average.
- Some trading asset classes are missing.
- There are no passive investing accounts.
FreshForex Review
FreshForex is a broker with rich experience in the market since 2004, and it has established itself as a stable and reliable partner. The broker offers a variety of trading accounts that can meet the needs of different categories of traders, including accounts with fixed and floating spreads and with market execution. An additional advantage is an extensive set of educational materials and analytics that can be useful for beginners and experienced traders.
However, there are significant disadvantages to consider. The lack of regulation by major financial institutions such as the FCA or ASIC can be critical for traders looking for maximum security for their funds. Also, the lack of a native mobile app can limit the ability to trade on the go, although this is offset by support for the popular MetaTrader 4 and MetaTrader 5 platforms. High trading commissions on ECN accounts can deter traders from seeking more favorable trading conditions.
Overall, FreshForex is suitable for traders who appreciate the variety of trading accounts and educational resources. The broker is especially ideal for those willing to accept some risk associated with the lack of regulation by reputable authorities.
Pros and Cons of FreshForex
Pros
- It has been on the market since 2004 and has established itself as a reliable and stable broker.
- Variety of trading accounts.
- Quality analytics.
- Extensive education program.
Cons
- Lack of regulation by major financial authorities.
- Absence of a mobile application.
- High trading fees.
FreshForex is in the top 10 of the following ratings:
Reliability
| Broker | BDSwiss | FreshForex |
|---|---|---|
| Reliability | 4/5 | 3/5 |
| Foundation Year | 2011 | 2003 |
| Regulated in Countries | Seychelles, Mauritius, South Africa | Saint Vincent and the Grenadines |
| Regulators | SFSA SFSA MISA MISA FSC FSC FSCA FSCA | SVGFSA SVGFSA |
BDSwiss
Broker BDSwiss demonstrates high reliability due to international regulation.
Pros
- Regulated by different bodies.
Cons
- Lacks regulation by stricter authorities such as FCA, ASIC, or CFTC
FreshForex
FreshForex has an offshore registration. There is also a lack of strict regulation, which raises concerns about reliability
Account Opening
| Broker | BDSwiss | FreshForex |
|---|---|---|
| Account Opening | 4.3/5 | 5/5 |
| Minimum Deposit |
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BDSwiss
The account opening process at BDSwiss is detailed and secure, although it can be time-consuming.
FreshForex
The account opening process at FreshForex is simple and convenient.
Account Types
| Broker | BDSwiss | FreshForex |
|---|---|---|
| Account Types | 3.8/5 | 4.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
BDSwiss
BDSwiss offers a basic set of accounts that meet the needs of most traders.
FreshForex
FreshForex offers a variety of accounts to meet different needs, but lacks options for passive investing.
Commissions
| Broker | BDSwiss | FreshForex |
|---|---|---|
| Commissions | 2/5 | 2.2/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.3 | 1.8 |
| Commission per Lot | $3 | $3.3 |
BDSwiss
BDSwiss' commissions are above average.
Pros
- No deposit/withdrawal fees.
Cons
- High spreads and swaps on the standard account.
- Inactivity fee for the account.
FreshForex
FreshForex has higher than average market commissions, but does not charge for inactivity or deposits/withdrawals.
Deposit and Withdrawal
| Broker | BDSwiss | FreshForex |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Account Funding Methods |
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BDSwiss
BDSwiss offers convenient and diverse methods for depositing and withdrawing funds without fees, ensuring high accessibility and flexibility.
FreshForex
FreshForex ensures fast and convenient account funding and withdrawals with more than 20 methods without broker commissions.
Markets and Products
| Broker | BDSwiss | FreshForex |
|---|---|---|
| Markets and Products | 4/5 | 4/5 |
| Forex | 51 | 52 |
| Precious Metals | 4 | 13 |
| Energy Carriers | 2 | 3 |
| Indices | 11 | 12 |
| Stocks | 128 | 115 |
| Cryptocurrency | 26 | 74 |
| ETF | - | 7 |
BDSwiss
BDSwiss offers a wide selection of assets and high leverage, making it suitable for various trading strategies, despite some limitations.
FreshForex
FreshForex offers an extensive selection of trading instruments, but with limitations such as the absence of soft commodities and an average number of CFDs.
Trading Platforms
| Broker | BDSwiss | FreshForex |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
| Trading Platforms |
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BDSwiss
BDSwiss trading platforms provide a diverse, functional, and flexible trading experience.
Pros
- Availability of popular platforms MT4 and MT5.
- Proprietary web platform with an intuitive interface.
- Ability to trade from various devices.
Cons
- Some traders may seek even more platform diversity.
FreshForex
FreshForex offers reliable and popular MT4 and MT5 platforms with a variety of tools and versions for different devices.
Pros
- Access to MT4 and MT5, proven platforms.
- A large arsenal of indicators and tools.
- Versions for PC, MacOS, iPhone, Android, and Web.
Cons
- Lack of proprietary or alternative platforms.
- May be complex for beginner traders.
Analytics
| Broker | BDSwiss | FreshForex |
|---|---|---|
| Rating | 5/5 | 5/5 |
BDSwiss
BDSwiss analytics includes a variety of tools and up-to-date data, providing deep market analysis.
Pros
- Extensive set of analytical materials and tools.
- Daily updates of market analysis and trading ideas.
- Personalized trading signals for Raw and VIP clients.
FreshForex
FreshForex offers comprehensive and timely analytics, including a variety of analysis methods and useful tools for traders.
Pros
- Daily forecasts and Forex analytics.
- A variety of analysis methods.
- Additional tools such as a calculator and economic calendar.
Education
| Broker | BDSwiss | FreshForex |
|---|---|---|
| Rating | 5/5 | 5/5 |
BDSwiss
BDSwiss offers extensive and high-quality educational resources, supporting the development of traders at various levels.
FreshForex
FreshForex offers an extensive educational program, including webinars, consultations, and literature suitable for beginners.
Pros
- A variety of educational materials and courses.
- Free webinars and consultations with experts.
- A comprehensive glossary of Forex terms for beginners.
Cons
- Lack of advanced courses for experienced traders.
Customer Support
| Broker | BDSwiss | FreshForex |
|---|---|---|
| Rating | 4.5/5 | 3.5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
Twitter
LinkedIn
Instagram
YouTube
Telegram
VK
OKBDSwiss
BDSwiss provides efficient and fast support in 22 languages, but the lack of Russian may pose difficulties for some users.
FreshForex
FreshForex technical support offers a variety of communication channels, but the quality of service is inconsistent.
Pros
- Multiple channels of communication.
- Quick response in some cases.
Cons
- Inconsistency in service quality.
- Lack of 24/7 support.
