Written by ForexBrokers.com
In this head to head comparison of XM Group vs BDSwiss, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Founded in 2009, XM Group stands out in the online brokerage landscape with a commendable track record for safety and trust. XM Group holds four Tier-1 licenses, which are highly regarded by ForexBrokers.com. Additionally, it has one Tier-2 license, achieving a Trust Score of 88 out of 99. This rating places it in the 'trusted' category, making XM Group a favorable choice for those prioritizing security in their trading experience.
In comparison, BDSwiss, established in 2012, has cultivated its presence in the financial market with one Tier-1 license, which contributes to its Trust Score of 73. This positions BDSwiss in the 'average risk' category according to ForexBrokers.com. While both brokers have made significant strides in the industry, XM Group demonstrates a lower risk profile with more regulatory licenses, thereby offering a potentially more secure option for traders. Neither firm is publicly traded nor operates as a bank, focusing their expertise solely on brokerage services.
| Feature |
XM Group
|
BDSwiss
|
|---|---|---|
| Year Founded | 2009 | 2012 |
| Publicly Traded (Listed) | ||
| Bank | ||
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing the commissions and fees of online brokers XM Group and BDSwiss, there are notable differences to consider. XM Group presents a standard account option with high spread expenses, and it does not disclose average spreads for its commission-based XM Zero account. Despite these limitations, XM Group earns a commendable four-star rating for commissions and fees, ranking at number 33 out of 63 brokers according to ForexBrokers.com.
On the other hand, BDSwiss is recognized for commendable order execution statistics, although its spreads can be more expensive than some industry leaders. The Classic account offers a spread of 1.5 pips on EUR/USD, which is on the higher side. The Raw account improves on this with a spread of 0.3 pips plus a $5 commission per side, resulting in an effective spread of 1.3 pips. Additionally, the VIP account offers a spread of 1.2 pips. These options have earned BDSwiss a four-star rating as well, with a slightly higher rank of number 30 out of 63 brokers for commissions and fees.
| Feature |
XM Group
|
BDSwiss
|
|---|---|---|
| Minimum Deposit | $5 | $10-$5000 |
| Average Spread EUR/USD - Standard | 1.6 | 1.6 |
| All-in Cost EUR/USD - Active | 0.8 | 1.3 |
| Active Trader or VIP Discounts | Yes | |
| ACH or SEPA Transfers | Yes | |
| PayPal (Deposit/Withdraw) | ||
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments available at XM Group and BDSwiss, both platforms support forex trading through CFDs or spot contracts and offer copy trading options. However, XM Group edges ahead with a broader selection, boasting 1,394 tradeable symbols compared to BDSwiss's offering of 1,081. This includes access to 55 forex pairs at XM Group, slightly more than the 53 forex pairs available through BDSwiss. Notably, XM Group allows clients to purchase exchange-traded securities on both U.S. and international exchanges, enabling direct investments in companies like Apple and Vodafone. BDSwiss, on the other hand, does not provide this option, focusing its services on derivative markets.
Both XM Group and BDSwiss facilitate cryptocurrency trading, but only through derivatives as they do not offer actual cryptocurrencies for purchase. In terms of ratings, XM Group scores 4.5 stars for its range of investments, receiving a higher rank (#24) from ForexBrokers.com compared to BDSwiss, which earns 4 stars and is ranked #34. This showcases XM Group's more extensive and versatile offering, appealing to investors seeking a wider array of trading opportunities.
| Feature |
XM Group
|
BDSwiss
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1394 | 1081 |
| Forex Pairs (Total) | 55 | 53 |
| U.S. Stock Trading (Non CFD) | Yes | |
| Int'l Stock Trading (Non CFD) | Yes | |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | ||
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing XM Group and BDSwiss, both brokers provide a comprehensive array of trading platforms and tools to cater to traders' diverse needs. Both brokers offer free virtual demo accounts, allowing users to practice their strategies without financial risk. While XM Group does not have a proprietary trading platform, BDSwiss does, offering in-house developed technology. Both brokers support Windows-based desktop download platforms and web-based trading options, ensuring flexibility for traders. Furthermore, each broker provides copy trading features and support for popular platforms like MetaTrader 4 and MetaTrader 5.
In terms of charting tools, both XM Group and BDSwiss offer 15 drawing tools, allowing traders to enhance their analysis. They also enable direct trading from stock charts, adding to the convenience. With identical offerings of seven columns for watch lists, both platforms are well-equipped for portfolio management. Rated four out of five stars by ForexBrokers.com for their trading platforms and tools, XM Group is ranked 31st, while BDSwiss holds the 24th spot out of 63 brokers. Overall, traders can expect a solid trading experience whichever of these two brokers they choose.
| Feature |
XM Group
|
BDSwiss
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | ||
| ZuluTrade | ||
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When evaluating the mobile trading apps of XM Group and BDSwiss, both platforms offer comprehensive features that cater to traders on the go. Each provides apps for iPhone and Android, ensuring accessibility no matter your smartphone preference. Both brokers support stock or forex price alerts and allow users to draw trend lines and view charts in multiple time frames, aiding in detailed market analysis. Their mobile apps also include 30 technical studies for charting, which can enhance trading strategies. For those wishing to track their favorite assets, both platforms allow the creation of watchlists with real-time quotes. However, while BDSwiss supports automatic chart drawing saves, this feature is not available with XM Group.
Another notable difference between the two is watchlist syncing; BDSwiss does not offer the ability to sync watchlists between its mobile app and a client's online account, whereas XM Group does. Customer ratings reflect similar satisfaction levels for both, with each receiving a four-star rating. In terms of industry rankings by ForexBrokers.com, BDSwiss holds a slight edge, securing the 24th spot compared to XM Group's 29th place out of 63 brokers. Both apps are suitable for traders looking for powerful mobile trading solutions, but minor differences may influence the final choice depending on individual preferences and needs.
| Feature |
XM Group
|
BDSwiss
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of online brokers XM Group and BDSwiss, both provide traders with daily market commentary. XM Group stands out by delivering forex news from top-tier sources like Bloomberg and Reuters, while BDSwiss doesn't specify its forex news sources. Both brokers utilize Trading Central for technical analytics, but only BDSwiss offers additional tools from Autochartist. Additionally, XM Group offers a sentiment-based trading tool that displays long or short position ratios across currency pairs, a feature not available with BDSwiss.
In terms of providing economic calendars highlighting global news events, both XM Group and BDSwiss cover this essential feature effectively. However, XM Group's research is highly rated with a 5-star score compared to BDSwiss's 4-star rating. Moreover, XM Group is ranked 8th out of 63 brokers in the Research category by ForexBrokers.com, significantly higher than BDSwiss, which is ranked at 24th. This suggests XM Group may offer a more comprehensive research package for traders who prioritize up-to-date information and varied analytical tools.
| Feature |
XM Group
|
BDSwiss
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | |
| Autochartist | Yes | |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | |
| TipRanks | ||
| Signal Centre (Acuity Trading) | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Both XM Group and BDSwiss offer a wealth of educational resources for those new to forex or CFD trading. Each broker provides a comprehensive slate of learning materials, including over 10 educational pieces, such as articles, videos, and archived webinars, all focused on forex and CFD education. Both also schedule at least one online educational webinar per month and maintain a searchable archive of past webinars. They have developed rich libraries aimed at beginners, presenting over 10 beginner-focused educational videos apiece. In addition, they cater to more knowledgeable traders with more than 10 advanced instructional videos.
Where XM Group and BDSwiss start to diverge is in the additional resources they provide and how they are rated. While BDSwiss includes an investor dictionary with over 50 investing terms, XM Group lacks this feature. However, XM Group earns a higher recognition for its educational services, receiving a 5-star rating and ranking 7th out of 63 brokers on ForexBrokers.com. In contrast, BDSwiss is rated slightly lower with 4 stars and is placed 19th in the same category. This distinction highlights XM Group's higher performance in providing educational value to its clients.
| Feature |
XM Group
|
BDSwiss
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that XM Group is better than BDSwiss. XM Group finished with an overall rank of #17, while BDSwiss finished with an overall rank of #36.
XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.
| Feature |
XM Group
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BDSwiss
|
|---|---|---|
| Overall Rating |
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| Trust Score | 88 | 73 |
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XM Group does not offer the ability to buy actual delivered cryptocurrency but does allow trading of cryptocurrency derivatives, whereas BDSwiss also offers trading of cryptocurrency derivatives but does not provide the option to purchase actual delivered cryptocurrency.
While both XM Group and BDSwiss provide flexible deposit and withdrawal options, including Skrill, Visa, Mastercard, and bank wire transfers, only BDSwiss supports ACH or SEPA transfers, and neither offers PayPal as an option.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | XM Group | BDSwiss | |
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| Trust Score | 88 | 73 | |
| Winner | check_circle | ||
| Review | XM Group Review | BDSwiss Review |
| Broker Screenshots | XM Group | BDSwiss | |
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| Regulation | XM Group | BDSwiss | |
|---|---|---|---|
| Trust Score | 88 | 73 | |
| Year Founded | 2009 | 2012 | |
| Publicly Traded (Listed) | |||
| Bank | |||
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | XM Group | BDSwiss | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | ||
| Canada (CIRO Authorised) | |||
| Hong Kong (SFC Authorised) | |||
| Japan (SFC Authorised) | |||
| Singapore (MAS Authorised) | |||
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | ||
| USA (CFTC Authorized) | |||
| New Zealand (FMA Authorised) | |||
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | XM Group | BDSwiss | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | |||
| South Africa (FSCA Authorised) | |||
| UAE (DFSA/Central Bank Authorised) | Yes | ||
| India (SEBI Authorised) | |||
| Jordan (JSC Authorised) |
| Investments | XM Group | BDSwiss | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1394 | 1081 | |
| Forex Pairs (Total) | 55 | 53 | |
| U.S. Stock Trading (Non CFD) | Yes | ||
| Int'l Stock Trading (Non CFD) | Yes | ||
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | |||
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | XM Group | BDSwiss | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.6 | 1.6 | |
| All-in Cost EUR/USD - Active | 0.8 | 1.3 | |
| Active Trader or VIP Discounts | Yes | ||
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | ||
| Execution: Market Maker | Yes |
| Funding | XM Group | BDSwiss | |
|---|---|---|---|
| Minimum Deposit | $5 | $10-$5000 | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes |
| Trading Platforms | XM Group | BDSwiss | |
|---|---|---|---|
| Proprietary Platform | Yes | ||
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | |||
| DupliTrade | |||
| ZuluTrade |
| Trading Tools | XM Group | BDSwiss | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XM Group | BDSwiss | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | ||
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | ||
| Mobile Economic Calendar | Yes | Yes |
| Research | XM Group | BDSwiss | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | ||
| Autochartist | Yes | ||
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | |||
| Social Sentiment - Currency Pairs | Yes | ||
| Economic Calendar | Yes | Yes |
| Education | XM Group | BDSwiss | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes |
| Major Forex Pairs | XM Group | BDSwiss | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | XM Group Review | BDSwiss Review |
| Overall | XM Group | BDSwiss | |
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| Trust Score | 88 | 73 | |
| Winner | check_circle | ||
| Review | XM Group Review | BDSwiss Review |
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