BDSwiss vs Ultima Markets Comparison: Which Is Better for Traders?
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - BDSwiss or Ultima Markets?
Our pick: Ultima Markets
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - Ultima Markets looks preferable to BDSwiss.
Ultima Markets scored 4.4/5 and ranks 18 in our all Forex brokers list, whereas BDSwiss has 3.9/5 and ranks 51.
This is not financial advice. See the full comparison below.
Who is BDSwiss suitable for?
Thanks to various assets and educational resources, BDSwiss is suitable for all traders, from beginners to professionals.
Who is Ultima Markets suitable for?
Ultima Markets is suitable for experienced traders and those who use automated strategies. It is less suitable for beginners due to a lack of educational materials.
Comparison Table of BDSwiss and Ultima Markets
| Broker | BDSwiss | Ultima Markets |
|---|---|---|
| Rating | 3.9/5 | 4.4/5 |
| Foundation Year | 2011 | 2016 |
| Regulated in Countries | Seychelles, Mauritius, South Africa | Mauritius, Cyprus |
| 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 | Ultima Markets Review |
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.
BDSwiss is in the top 10 of the following ratings:
Ultima Markets Review
Ultima Markets is a broker offering a wide range of trading instruments and platforms, making it attractive to various categories of traders. With low trading commissions, user-friendly platforms, and extensive analytical materials, the broker is suitable for experienced traders and those who use automated strategies. However, due to the lack of educational materials, Ultima Markets is less suitable for beginner traders, but it is an excellent choice for anyone who does not require training.
Pros and Cons of Ultima Markets
Pros
- Low trading commissions.
- Coverage of all major trading asset markets.
- Extensive analytical materials and tools.
- Efficient technical support.
Cons
- Lack of educational materials.
- No phone support.
Ultima Markets is in the top 10 of the following ratings:
Reliability
| Broker | BDSwiss | Ultima Markets |
|---|---|---|
| Reliability | 4/5 | 4.4/5 |
| Foundation Year | 2011 | 2016 |
| Regulated in Countries | Seychelles, Mauritius, South Africa | Mauritius, Cyprus |
| Regulators | SFSA SFSA MISA MISA FSC FSC FSCA FSCA | FSC FSC CySEC CySEC |
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
Ultima Markets
Ultima Markets demonstrates high reliability due to multi-tier regulation and client protection through insurance coverage. This makes the broker a safe and trusted partner for traders.
Pros
- Regulation by FSC and CySEC.
- Membership in The Financial Commission.
- Insurance coverage up to $1,000,000 USD.
Cons
- Lack of licenses from stricter regulators such as the FCA or ASIC.
Account Opening
| Broker | BDSwiss | Ultima Markets |
|---|---|---|
| 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.
Ultima Markets
The account opening process at Ultima Markets is easy, convenient, and quick, making it attractive for new clients.
Pros
- Simple and fast registration.
- Accessible minimum deposit.
- Verification using standard documents.
Account Types
| Broker | BDSwiss | Ultima Markets |
|---|---|---|
| Account Types | 3.8/5 | 4.7/5 |
| 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.
Ultima Markets
Ultima Markets offers a variety of accounts that meet the needs of different traders, including standard, ECN, cent, and Islamic accounts. However, additional services could make their offering even better.
Pros
- A variety of accounts for different categories of traders.
- Islamic accounts available.
- Own copy trading platform.
Cons
- Lack of fixed spread accounts.
Commissions
| Broker | BDSwiss | Ultima Markets |
|---|---|---|
| Commissions | 2/5 | 5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.3 | 1 |
| Commission per Lot | $3 | $2.5 |
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.
Ultima Markets
Ultima Markets has low trading commissions, making it attractive for traders. The absence of inactivity fees and withdrawal fees adds to the advantages.
Pros
- Low commissions on ECN account ($5 per lot).
- Tight spreads on standard account.
- No inactivity fees and withdrawal fees.
Deposit and Withdrawal
| Broker | BDSwiss | Ultima Markets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| 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.
Ultima Markets
Ultima Markets offers convenient deposit and withdrawal methods with minimal costs and fast processing time, making the broker attractive for traders.
Pros
- Wide range of deposit and withdrawal methods.
- No withdrawal fees.
Cons
- Withdrawal time up to 5 business days.
Markets and Products
| Broker | BDSwiss | Ultima Markets |
|---|---|---|
| Markets and Products | 4/5 | 4.5/5 |
| Forex | 51 | 60 |
| Precious Metals | 4 | 9 |
| Energy Carriers | 2 | 7 |
| Indices | 11 | 28 |
| Stocks | 128 | 86 |
| Cryptocurrency | 26 | 47 |
| Soft Commodities | - | 7 |
| ETF | - | 6 |
| Bonds | - | 7 |
BDSwiss
BDSwiss offers a wide selection of assets and high leverage, making it suitable for various trading strategies, despite some limitations.
Ultima Markets
Ultima Markets provides a wide selection of markets and products, satisfying the needs of most traders.
Pros
- Wide assortment of CFDs.
- Coverage of all major markets.
Cons
- Average number of stock CFDs compared to competitors.
Trading Platforms
| Broker | BDSwiss | Ultima Markets |
|---|---|---|
| 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.
Ultima Markets
Ultima Markets' trading platforms are user-friendly and functional, making them an excellent choice for most traders.
Pros
- Support for MT4 with extensive functionality.
- Intuitive mobile application.
Cons
- Limited choice of platforms.
Analytics
| Broker | BDSwiss | Ultima Markets |
|---|---|---|
| Rating | 5/5 | 4/5 |
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.
Ultima Markets
Ultima Markets possesses excellent analytics and tools, aiding traders in making informed decisions. However, the lack of unique analytical tools and limited number of trading signals slightly lower the rating.
Pros
- Up-to-date market news.
- Expert analysis of popular instruments.
- Economic calendar and trading calculators.
Cons
- Lack of unique analytical tools.
- Limited number of specialized reviews.
Education
| Broker | BDSwiss | Ultima Markets |
|---|---|---|
| Rating | 5/5 | 1/5 |
BDSwiss
BDSwiss offers extensive and high-quality educational resources, supporting the development of traders at various levels.
Ultima Markets
Ultima Markets offers limited educational materials, which is insufficient for beginner traders. To improve the level of education, webinars, video tutorials, and articles should be added.
Pros
- Unlimited demo account.
Cons
- Absence of webinars and video tutorials.
- Lack of articles and podcasts.
Customer Support
| Broker | BDSwiss | Ultima Markets |
|---|---|---|
| Rating | 4.5/5 | 4.5/5 |
| Email Support |
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| Hotline Phones |
| — |
| 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.
Ultima Markets
Ultima Markets' customer support demonstrates high efficiency and professionalism, providing prompt assistance through various communication channels.
Pros
- 24/7 support.
- High response speed.
- Variety of communication channels (email, chat, Telegram).
Cons
- No phone support.
Comparisons of BDSwiss and Ultima Markets with other brokers
Conclusion
Ultima Markets stands out as the better overall pick, while BDSwiss trails on aggregate criteria.
Ultima Markets scored 4.4/5 and ranks 18 in our rating; BDSwiss has 3.9/5 and ranks 51.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: BDSwiss or Ultima Markets?
Ultima Markets comes out ahead by overall rank (score 4.4/5, position 18) versus BDSwiss (score 3.9/5, position 51).
Which broker is better for beginners: BDSwiss or Ultima Markets?
Ultima Markets is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — BDSwiss or Ultima Markets?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with BDSwiss and Ultima Markets?
BDSwiss: MetaTrader 4, MetaTrader 5, WebTrader. Ultima Markets: MetaTrader 4, WebTrader. See the “Platforms” section for details and selection tips.
What markets can you trade with BDSwiss and Ultima Markets?
BDSwiss: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. Ultima Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by BDSwiss and Ultima Markets?
BDSwiss: Cent, Classic, VIP, Zero Spread. Ultima Markets: Standard, ECN, Standard Cent Account, ECN Cent Account. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by BDSwiss and Ultima Markets?
BDSwiss: Neteller, Skrill, PayRetailers, AstroPay, Globepayinc, M-Pesa, Interac, Korapay, Bank Transfer, Visa, Mastercard, Online banking. Ultima Markets: Alipay, Bank Transfer, UnionPay, Visa, Mastercard, Online banking. Check method-specific fees/settlement times.
Which broker is safer — BDSwiss or Ultima Markets — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
