Two multi-regulated brokers, BDSwiss and OANDA, face off on regulation, pricing, and platform reach. The tension centers on cost versus instrument breadth and research depth.
Find out which broker best suits your trader profile.
Choose if…
Choose BDSwiss if you want a $10 minimum deposit and raw 0.0 pip Prime ECN spreads at $6 per lot.
Choose if…
Choose OANDA if you want TradingView integration, leverage up to 50:1, and US availability with NFA registration.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 3.9/ 5 | 4.6/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.1 / 5 | 4.8 / 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 | OANDA |
|---|---|---|
| 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 | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Pass |
| 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 |
OANDA rates 4.6/5 versus 3.9/5 for BDSwiss. OANDA edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
BDSwiss starts from 0 pips, tighter than OANDA's 1 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
OANDA has no minimum deposit, while BDSwiss requires at least $10. This makes OANDA more accessible for traders with limited starting capital.
Both BDSwiss and OANDA 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: OANDA has no minimum deposit, removing the capital barrier entirely, 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 OANDA lists up to 50:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
BDSwiss charges $6 per lot on commission-based accounts. Commission details for OANDA are not currently available. Check their website for up-to-date pricing.
BDSwiss supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while OANDA supports MetaTrader 5, Proprietary Web/Mobile, TradingView, MetaTrader 4. Both provide MetaTrader 5 and Proprietary Web/Mobile and MetaTrader 4. OANDA has exclusive access to TradingView.
BDSwiss offers tighter spreads from 0.00 pips vs 1.00 pips for OANDA, reducing trading costs.
OANDA wins for safety & regulation due to NFA and multiple top-tier regulators.
Best for active traders with raw 0.0 pip ECN spreads and MT4/MT5.
BDSwiss is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
OANDA provides MT4/MT5, Web, mobile, and TradingView integration.
Fees & Spreads 30% weight | 3.9 / 5 | 4.5 / 5▲ |
|---|
Platforms & Tools 20% weight | 3.8 / 5 | 4.6 / 5▲ |
|---|
Customer Support 10% weight | 4.0 / 5 | 4.3 / 5▲ |
|---|
| Founded | 2012 | 1996 |
|---|
| Headquarters | Limassol, Cyprus | New York, United States |
|---|
| Min Deposit | $10 | No minimum▼ lower |
|---|
| Spreads From | 0 pips▼ lower | 1 pips |
|---|
| Commission / lot | $6/lot | N/A |
|---|
| 0.6 pips | N/A |
| Max Leverage | 30:1 | 50:1▲ higher |
|---|
| Inactivity Fee | None | $10/month (after 12 months) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferDebit card |
|---|
| Withdrawal Fee | Free | Free for ACH |
|---|
| Regulators | CySEC FSA Seychelles FSC | ASIC FCA CMF CBI NFA |
|---|
| Platforms | MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 | MetaTrader 5 Proprietary Web/Mobile TradingView MetaTrader 4 |
|---|
| 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
Available to US residents (NFA-registered)
Best-in-class research and economic data
No minimum deposit
MT4, MT5 and proprietary platforms
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
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
Spreads slightly wider than ECN-style brokers
No copy trading
No raw spread account option
Inactivity fee applies
OANDA edges BDSwiss on the editorial score, driven by stronger category scores across Trust and Regulation, Fees and Spreads, Platforms and Tools, and Customer Support.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
Personalised recommendation
Answer 6 quick questions and we’ll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker