In this comparison, two multi-regulated brokers clash over regulation depth, pricing and platform breadth. The axis of tension is cost, platform choice and regulatory protection.
Find out which broker best suits your trader profile.
Choose if…
Choose BDSwiss if you want a $10 minimum deposit with CySEC regulation and ICF compensation for EU clients.
Choose if…
Choose FP Markets if you prioritize true ECN pricing from 0.0 pips, multiple major platforms, and strong ASIC and CySEC oversight.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 3.9/ 5 | 4.5/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.1 / 5 | 4.6 / 5▲ |
Pros
$10 minimum deposit (Classic account) - lowest among CySEC-regulated MT4/MT5 brokers
CySEC (199/13) regulation with ICF compensation scheme for EU clients
MT4, MT5, and proprietary WebTrader
Prime ECN account: raw 0.0 pip spreads at $6/lot commission
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | BDSwiss | FP Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
FP Markets rates 4.5/5 versus 3.9/5 for BDSwiss. FP Markets edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Both BDSwiss and FP Markets start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
BDSwiss has $10, while FP Markets requires at least $100. This makes BDSwiss more accessible for traders with limited starting capital.
Both BDSwiss and FP Markets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: BDSwiss requires a lower minimum deposit ($10), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
BDSwiss lists maximum leverage of 30:1, while FP Markets lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Both BDSwiss and FP Markets charge the same commission of $6 per lot on applicable accounts.
BDSwiss supports Proprietary Web/Mobile, MetaTrader 4, MetaTrader 5, while FP Markets supports IRESS, TradingView, cTrader, MetaTrader 4, MetaTrader 5. Both provide MetaTrader 4 and MetaTrader 5. BDSwiss has exclusive access to Proprietary Web/Mobile. FP Markets has exclusive access to IRESS and TradingView and cTrader.
Both brokers offer spreads from 0.00 pips.
FP Markets wins for safety & regulation with ASIC and CySEC licenses and client fund segregation.
FP Markets wins for active traders due to true ECN pricing and 500:1 leverage.
Both brokers offer equivalent ECN conditions including raw spread accounts, commissions, and spread levels.
FP Markets leads platform choice with MT4, MT5, cTrader, TradingView, and IRESS.
BDSwiss offers a $10 minimum deposit, lowering entry for new traders.
FP Markets offers far more instruments than BDSwiss.
Fees & Spreads 30% weight | 3.9 / 5 | 4.5 / 5▲ |
|---|
Platforms & Tools 20% weight | 3.8 / 5 | 4.4 / 5▲ |
|---|
Customer Support 10% weight | 4.0 / 5 | 4.3 / 5▲ |
|---|
| Founded | 2012 | 2005 |
|---|
| Headquarters | Limassol, Cyprus | Sydney, Australia |
|---|
| Min Deposit | $10▼ lower | $100 |
|---|
| Spreads From | 0 pips | 0 pips |
|---|
| Commission / lot | $6/lot | $6/lot |
|---|
| 0.6 pips | 0.6 pips |
| Max Leverage | 30:1 | 500:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardSkrillNetellerPOLiPayPal |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardSkrillNetellerPOLi |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | CySEC FSA Seychelles FSC | ASIC CySEC |
|---|
| Platforms | Proprietary Web/Mobile MetaTrader 4 MetaTrader 5 | IRESS TradingView cTrader MetaTrader 4 MetaTrader 5 |
|---|
| Active bonuses |
|---|
Negative balance protection
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
True ECN pricing from 0.0 pips + $6 round-turn commission
Supports MT4, MT5, and cTrader, all three major platforms
IRESS platform for direct-access share CFD trading
Strong ASIC and CySEC regulation
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
Classic account spreads (1.5-2.0 pips EUR/USD) wide for active traders
$1,000 minimum on the Prime ECN account
No cTrader or TradingView integration
Research tools are basic
Cons
IRESS platform has a monthly fee for lower-volume traders
Customer support primarily oriented toward Australian trading hours
Not available to US residents
No proprietary platform
FP Markets has a higher editorial score (4.5) than BDSwiss (3.9), making FP Markets the winner. Its category scores are higher in trust/regulation and platforms, reflecting stronger overall coverage.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
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