BDSwiss vs GMG Markets 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 GMG Markets
| Broker | BDSwiss | GMG Markets |
|---|---|---|
| Rating | 3.9/5 | 3.9/5 |
| Foundation Year | 2011 | 2015 |
| Regulated in Countries | Seychelles, Mauritius, South Africa | United Kingdom |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:30 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | BDSwiss Review | GMG Markets Review |
Thanks to various assets and educational resources, BDSwiss is suitable for all traders, from beginners to professionals.
GMG Markets suits active Forex traders and scalpers who value FCA regulation, MT5, and low spreads; however, it may feel restrictive for investors and stock enthusiasts.
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.
GMG Markets Review
GMG Markets is a niche broker primarily designed for active FX traders, scalpers, and algorithmic traders who only need two well-optimized accounts. The MT5 platform provides a comprehensive toolkit for both manual and automated trading, Autochartist supplements basic technical analysis, and 24/5 support responds swiftly and effectively.
This broker is ideal for those who appreciate transparent fees, swift fund withdrawals, and FCA regulation but do not require an extensive product lineup or copy trading services. Novice traders can test the live markets and undergo basic training via webinars, whereas professionals can access leverage up to 1:100 under Pro status. Investors, diversification enthusiasts, or those needing a multitude of platforms and services might be better served by more versatile providers.
Pros and Cons of GMG Markets
Pros
- Robust regulation — FCA license, segregated accounts, FSCS protection.
- Transparent fee structure — Standard account with zero commission, Raw account with zero spreads and fixed fee.
- MT5 + Autochartist — comprehensive desktop, web, and mobile platforms, algorithm support, integrated chart pattern scanner.
- VPS hosting — complimentary with required monthly turnover.
- 24/5 tech support — chat, phone, and e-mail typically respond within minutes.
Cons
- Limited instrument selection — only Forex, a few indices, and commodities.
- Single platform offering — no MT4, cTrader, TradingView, or proprietary web terminal.
- Minimum deposit of $200 — higher than brokers offering cent/micro accounts.
- No e-wallets or cryptocurrencies available for transactions.
- Investor services are lacking — no copy trading, PAMM, contests, or comprehensive fundamental analysis.
Reliability
| Broker | BDSwiss | GMG Markets |
|---|---|---|
| Reliability | 4/5 | 5/5 |
| Foundation Year | 2011 | 2015 |
| Regulated in Countries | Seychelles, Mauritius, South Africa | United Kingdom |
| Regulators | SFSA SFSA MISA MISA FSC FSC FSCA FSCA | FCA FCA |
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
GMG Markets
Since 2016 under FCA oversight, GMG Markets holds client funds in segregated accounts and qualifies for FSCS protection.
Pros
- FCA License — Tier-1 regulator
- Funds segregation + FSCS compensation up to £85,000
- STP/NDD model without dealer intervention
Cons
- Single jurisdiction (FCA), no additional licenses
Account Opening
| Broker | BDSwiss | GMG Markets |
|---|---|---|
| Account Opening | 4.3/5 | 4.5/5 |
| Minimum Deposit |
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BDSwiss
The account opening process at BDSwiss is detailed and secure, although it can be time-consuming.
GMG Markets
GMG Markets onboarding is quick and efficient: registration takes 5–7 minutes, with verification under 1 business day. However, a $200 deposit and extensive KYC may deter beginners.
Pros
- Online registration in 5–7 minutes
- Document verification within 1 day
Cons
- Minimum deposit of $200
- Detailed KYC form
Account Types
| Broker | BDSwiss | GMG Markets |
|---|---|---|
| Account Types | 3.8/5 | 3.8/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:30 |
| 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.
GMG Markets
Only two main accounts — Standard and Raw Spread — cater to basic requirements, but the absence of cent or fixed-spread accounts, copy trading, PAMM, and contest services limits variety.
Pros
- Commission-free Standard, and zero-spread Raw account
- Islamic account and spread-betting options for niche segments
- Complimentary VPS with required turnover
Cons
- No cent/fixed-spread account
- Lack of copy trading, PAMM, contests
Commissions
| Broker | BDSwiss | GMG Markets |
|---|---|---|
| Commissions | 2/5 | 3.5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.3 | 1.2 |
| Commission per Lot | $3 | $3.5 |
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.
GMG Markets
GMG Markets offers a transparent fee structure: one account includes all charges within the spread, while another charges a small fee with a minimal spread. Deposits and withdrawals are free, no inactivity fee is applied, though swaps are slightly above average.
Pros
- No inactivity fees
- Free deposits and withdrawals
Cons
- Swaps are above average
Deposit and Withdrawal
| Broker | BDSwiss | GMG Markets |
|---|---|---|
| Rating | 5/5 | 4/5 |
| 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.
GMG Markets
Card and bank transfers are swift and fee-free, but the absence of e-wallets and cryptocurrencies limits options.
Pros
- Commission-free transactions
- Instant card funding
Cons
- No e-wallets
- No cryptocurrencies
Markets and Products
| Broker | BDSwiss | GMG Markets |
|---|---|---|
| Markets and Products | 4/5 | 2.5/5 |
| Forex | 51 | 64 |
| Precious Metals | 4 | 13 |
| Energy Carriers | 2 | 3 |
| Indices | 11 | 17 |
| Stocks | 128 | - |
| Cryptocurrency | 26 | - |
BDSwiss
BDSwiss offers a wide selection of assets and high leverage, making it suitable for various trading strategies, despite some limitations.
GMG Markets
The instrument range is limited: primarily currency pairs, indices, and commodities; with no stocks, cryptocurrencies, or a broad commodity selection, diversification falls short compared to competitors.
Pros
- 64 currency pairs
- Major indices and metals
Cons
- No CFDs on stocks
- No cryptocurrencies
- Limited commodity selection
Trading Platforms
| Broker | BDSwiss | GMG Markets |
|---|---|---|
| Rating | 4.5/5 | 3.5/5 |
| 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.
GMG Markets
The sole available platform, MT5, offers rich functionality, but the lack of alternatives reduces flexibility.
Pros
- Fully featured MT5
- Desktop, web, and mobile applications
Cons
- No MT4, cTrader, TradingView
- Essentially a single platform option
Analytics
| Broker | BDSwiss | GMG Markets |
|---|---|---|
| Rating | 5/5 | 3/5 |
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.
GMG Markets
Autochartist and a daily news feed provide basic analysis, but the lack of proprietary research and in-depth fundamental analysis diminishes overall utility.
Pros
- Complimentary Autochartist
- Market news
Cons
- No proprietary research
- Weak fundamental analysis
Education
| Broker | BDSwiss | GMG Markets |
|---|---|---|
| Rating | 5/5 | 4/5 |
BDSwiss
BDSwiss offers extensive and high-quality educational resources, supporting the development of traders at various levels.
GMG Markets
The foundational materials (webinars, articles, videos) are sufficient for beginners, but for in-depth learning and advanced coursework, external resources may be needed.
Pros
- Regular free webinars
- Novice-oriented article base
- Recordings available 24/7
Cons
- No advanced courses
- No podcasts or multilingual programs
Customer Support
| Broker | BDSwiss | GMG Markets |
|---|---|---|
| Rating | 4.5/5 | 4.5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
Twitter
LinkedIn
Instagram
YouTube
TelegramBDSwiss
BDSwiss provides efficient and fast support in 22 languages, but the lack of Russian may pose difficulties for some users.
GMG Markets
The broker provides 24/5 support via chat, phone, and e-mail, with responses typically within minutes.
Pros
- Online chat and phone support 24/5
- Rapid response
- Competent representatives
Cons
- No weekend support
- Delays during peak demand
