Two brokers square off on regulation, costs, and platform depth. The tension centers on regulated access versus raw platform breadth and trading costs.
Find out which broker best suits your trader profile.
Choose if…
Choose BDSwiss for 24/5 live chat support and MT4/MT5 access.
Choose if…
Choose tastytrade if you want 10,000 instruments and no MT4/MT5 support.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 3.9/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.1 / 5 | 4.5 / 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 | tastytrade |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Fail |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Fail |
The scores are close: BDSwiss rates 3.9/5 and tastytrade rates 4.3/5. tastytrade has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
BDSwiss starts from 0 pips. Current spread data is not available for tastytrade. Check both brokers' websites for up-to-date pricing.
tastytrade has no minimum deposit, while BDSwiss requires at least $10. This makes tastytrade more accessible for traders with limited starting capital.
Both BDSwiss and tastytrade 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: tastytrade has no minimum deposit, removing the capital barrier entirely, and BDSwiss provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
BDSwiss lists maximum leverage of 30:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
tastytrade charges $1 per lot, lower than BDSwiss's $6 per lot. Lower commissions benefit active traders who execute many trades per day.
BDSwiss supports Proprietary Web/Mobile, MetaTrader 4, MetaTrader 5, while tastytrade supports Proprietary Web/Mobile. Both provide Proprietary Web/Mobile. BDSwiss has exclusive access to MetaTrader 4 and MetaTrader 5.
BDSwiss offers spreads from 0.00 pips.
BDSwiss is favored for CySEC regulation with ICF protection.
BDSwiss wins for active traders due to MT4/MT5 access and raw 0.0 pip spreads.
BDSwiss is better suited for scalpers: raw/ECN spreads available.
BDSwiss leads platform variety with MT4/MT5 plus proprietary Web/Mobile.
BDSwiss is favorable for beginners due to low $10 minimum deposit.
Tastytrade wins instrument variety with 10,000 instruments.
Fees & Spreads 30% weight | 3.9 / 5 | 4.8 / 5▲ |
|---|
Platforms & Tools 20% weight | 3.8 / 5 | 4.7 / 5▲ |
|---|
Customer Support 10% weight | 4.0 / 5 | 4.0 / 5 |
|---|
| Founded | 2012 | 2017 |
|---|
| Headquarters | Limassol, Cyprus | Chicago, Illinois, United States |
|---|
| Min Deposit | $10 | No minimum▼ lower |
|---|
| Spreads From | 0 pips | N/A |
|---|
| Commission / lot | $6/lot | $1/lot▼ lower |
|---|
| 0.6 pips | N/A |
| Max Leverage | 30:1 | N/A |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferWire transferACH |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferWire transferACH |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | CySEC FSA Seychelles FSC | CFTC NFA |
|---|
| Platforms | Proprietary Web/Mobile MetaTrader 4 MetaTrader 5 | Proprietary Web/Mobile |
|---|
| 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
Options commissions capped at $10/leg, major cost advantage for traders who size up
$0 to open options trades; $1/contract to close
Platform built natively for options: IVR, Greeks, curve tool, and multi-leg management all first-class
Futures and futures options on the same account as equity derivatives
No PFOF on options, exchange-routed for best execution
Part of IG Group (LSE-listed), institutional governance and financial stability
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Investor compensation scheme coverage
No deposit fees
No inactivity fee
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
Phone support available
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
US-only, no international accounts
Options-first interface has a steep learning curve for equity-focused traders
No live chat support, phone and email only
Minimal fundamental research tools; no stock screener or analyst reports
Mobile app less appropriate for entering complex multi-leg strategies than the desktop platform
No negative balance protection
No raw spread account option
No MetaTrader support
Support available in limited languages
tastytrade leads overall on editorial score over BDSwiss, with a higher rating (4.3 vs 3.9).
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
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