Pepperstone vs BDSwiss 2024

Pepperstone is not publicly traded and does not operate a bank. Pepperstone is authorised by three Tier-1 regulators (Highly Trusted), two Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and two Tier-4 (High Risk). Pepperstone is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA), Australian Securities & Investment Commission (ASIC), and regulated in the European Union via the MiFID passporting system.

BDSwiss is not publicly traded and does not operate a bank. BDSwiss is authorized by one Tier-1 regulator (Highly Trusted), zero Tier-2 regulator (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). BDSwiss is authorised by the following Tier-1 regulators: regulated in the European Union via the MiFID passporting system.

Pepperstone offers a growing range of tradeable markets, good-quality research, and support for multiple social copy trading platforms.

The BDSwiss brand caters to over 1.6 million registered forex and CFD traders, and offers the full MetaTrader platform suite alongside its own proprietary mobile app. BDSwiss demonstrates good order execution statistics and provides access to over 1,000 tradable symbols – though its spreads are higher than industry leaders.

To open a trading account with Pepperstone, you'll need to make an initial minimum deposit of $0.

BDSwiss requires a minimum deposit of $10-$5000 before you can open an account and start trading.

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. Pepperstone offers Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), PayPal (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw) for banking, whereas BDSwiss provides Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw).

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that Pepperstone offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that Pepperstone holds 3 global Tier-1 licenses, while BDSwiss holds 1. Pepperstone holds 2 global Tier-2 licenses, while BDSwiss holds 0.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that Pepperstone (95) earned a higher Trust Score than BDSwiss (76).

To compare the trading platforms of both Pepperstone and BDSwiss, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Pepperstone offers a better experience. With research, Pepperstone offers superior market research. Finally, we found Pepperstone to provide better mobile trading apps.

Here’s what trading platforms are available at Pepperstone:

• Proprietary Platform - No
• Web Platform - Yes
• cTrader - Yes
• DupliTrade - Yes
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - Yes

Here’s what trading platforms are available at BDSwiss:

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - No

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Both Pepperstone and BDSwiss offer MetaTrader 4 (MT4). Forex traders also appreciate the ability to engage in social copy trading. Pepperstone and BDSwiss both offer copy trading.

Pepperstone provides traders 65 currency pairs (e.g., EUR/USD) compared to BDSwiss's 53 available pairs. If you are interested in trading a full range of securities, Pepperstone offers traders access to 1726 tradeable symbols, while BDSwiss offers access to 1081 tradeable symbols; so Pepperstone offers 645 more tradeable symbols than BDSwiss.

We found in our testing that Pepperstone offers a more diverse selection of investment options than BDSwiss, allowing you to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Cryptocurrency (Derivative), Social Trading / Copy Trading and Spread Betting. Neither have Int'l Stock Trading (Non CFD) and Cryptocurrency (Physical).