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XM Group vs BDSwiss 2021

Is BDSwiss better than XM Group? In our analysis of 23 international regulators across 39 brokers, BDSwiss is considered average-risk, with an overall Trust Score of 83 out of 99. XM Group is considered average-risk, with an overall Trust Score of 87 out of 99. Learn more about Trust Score.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature XM Group BDSwiss
Overall 4 4
Commissions & Fees 3.5 4
Offering of Investments 4 4
Platforms & Tools 4 4
Mobile Trading Apps 4 4
Research 4.5 4
Education 4.5 4
Trust Score 90 83
XM Group Review BDSwiss Review
73% of retail CFD accounts lose money
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Regulation

Feature XM Group BDSwiss
Trust Score 90 83
Year Founded
2009 2012
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
3 2
Tier-2 Licenses
2 1
Tier-3 Licenses
1 1
Authorised in the European Union
Yes Yes

Tier-1 Licenses (High Trust)

Feature XM Group BDSwiss
ASIC Authorised (Australia)
Yes No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
CBI Authorised (Ireland)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes No
CFTC Registered (USA)
Yes No
FMA Authorised (New Zealand)
No No

Tier-2 Licenses (Average Trust)

Feature XM Group BDSwiss
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
Yes Yes
SEBI Authorised (India)
No No
ISA Authorised (Israel)
No No
CBR Authorised (Russia)
No No
FSCA Authorised (South Africa)
No No
SEC Authorised (Thailand)
No No
DFSA / Central Bank Authorised (UAE)
No No

Tier-3 Licenses (Low Trust)

Feature XM Group BDSwiss
SCB Authorised (Bahamas) No No
IFSC Authorised (Belize) Yes No
Cayman Islands Monetary Authority (CIMA)
No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands)
No No
FSC Authorised (Mauritius)
No Yes
VFSC Authorised (Vanuatu)
No No

Investments

Feature XM Group BDSwiss
Forex Trading
Yes Yes
CFD Trading
Yes Yes
Tradeable Symbols (Total)
1372 1081
Forex Pairs (Total)
57 51
US Stock Trading (Non CFD)
Yes No
Int'l Stock Trading (Non CFD)
Yes No
Social Trading / Copy-Trading
Yes Yes
Cryptocurrency (Physical)
No No
Cryptocurrency (CFD)
Yes Yes
Crypto Disclaimer (UK) 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

Feature XM Group BDSwiss
Average Spread EUR/USD - Standard
1.6 (Aug 2020) 1.5 (Jul 2021)
All-in Cost EUR/USD - Active
0.8 (Aug 2021) 1.1 (Jul 2021)
Active Trader or VIP Discounts
No Yes
Execution: Agency Broker
No Yes
Execution: Market Maker
Yes No

Funding

Feature XM Group BDSwiss
Minimum Deposit
$5 $100-$5000 (depending on account type)
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
No No
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature XM Group BDSwiss
Proprietary Platform
No 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
No No
DupliTrade
No No
ZuluTrade
No No

Trading Tools

Feature 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
Charting - Drawings Autosave
Yes Yes

Mobile Trading

Feature XM Group BDSwiss
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
Yes No
Charting - Indicators / Studies
30 30
Charting - Draw Trendlines
Yes Yes
Charting - Trendlines Moveable
No No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No No
Forex Calendar
Yes No

Research

Feature XM Group BDSwiss
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes No
Autochartist
Yes Yes
Trading Central (Recognia)
Yes No
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes No
Economic Calendar
Yes Yes

Education

Feature XM Group BDSwiss
Has Education - Forex or CFDs
Yes Yes
Client Webinars
Yes Yes
Client Webinars (Archived)
No Yes
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
No Yes

Major Forex Pairs

Feature 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

Overall

Feature XM Group BDSwiss
Overall 4 4
Commissions & Fees 3.5 4
Offering of Investments 4 4
Platforms & Tools 4 4
Mobile Trading Apps 4 4
Research 4.5 4
Education 4.5 4
Trust Score 90 83
XM Group Review BDSwiss Review

Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare BDSwiss vs XM Group.

Does BDSwiss or XM Group offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, BDSwiss offers better pricing overall for traders.

Is BDSwiss or XM Group safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. XM Group holds 3 global Tier-1 licenses, while BDSwiss holds 2. XM Group holds 2 global Tier-2 licenses, while BDSwiss holds 1. In our analysis of 23 international regulators across 50 brokers, XM Group earned a higher Trust Score than BDSwiss.

Which trading platform is better: BDSwiss or XM Group?
To compare the trading platforms of both BDSwiss and XM Group, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, BDSwiss offers a better experience. With research, XM Group offers superior market research. Finally, we found BDSwiss to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. BDSwiss and XM Group both offer copy trading. Both BDSwiss and XM Group offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
XM Group provides traders 57 currency pairs (e.g., EUR/USD) compared to BDSwiss's 51 available pairs. Forex pairs aside, XM Group offers traders access to 1372 CFDs while BDSwiss has 1081 available CFDs, a difference of 291.

Can I trust BDSwiss?
BDSwiss is not publicly traded and does not operate a bank. BDSwiss is authorized by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and one tier-3 regulator (low trust). BDSwiss is authorised by the following tier-1 regulator: the Financial Conduct Authority (FCA).

Can I trust XM Group?
XM Group is not publicly-traded and does not operate a bank. XM Group is authorised by two tier-1 regulators (high trust), one tier-2 regulator (average trust), and one tier-3 regulator (low trust). XM Group is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and, via its parent company's other brand Trading.com, with the Financial Conduct Authority (FCA).

Is BDSwiss good?
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.

Is XM Group good?
XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.

Overall winner: XM Group

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Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 01/10/2022 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the "Contact" link at the bottom of this page.

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