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.
When comparing XM Group and BDSwiss, both online brokers have distinct qualities. Founded in 2009, XM Group holds a ForexBrokers.com Trust Score rating of 93, suggesting it is highly trusted by investors. The company is not publicly traded or a bank, but it boasts a solid regulatory standing with four Tier-1 licenses and one Tier-2 license. These licenses are important as Tier-1 licenses are considered highly trusted, and Tier-2 licenses are trusted, indicating that XM Group takes regulatory compliance seriously to offer a secure trading experience.
BDSwiss, on the other hand, was founded in 2012 and carries a ForexBrokers.com Trust Score rating of 73, placing it in average risk territory. Like XM Group, BDSwiss is neither publicly traded nor a bank. However, its regulatory profile is less comprehensive, with only one Tier-1 license and no Tier-2 licenses. This may be a factor for those considering the overall trust and credibility of the platform. In summary, while both brokers offer online trading services, XM Group stands out for its higher trust score and a stronger collection of regulatory licenses compared to BDSwiss.
| Feature |
XM Group
|
BDSwiss
|
|---|---|---|
| Year Founded | 2009 | 2012 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| 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 | No | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| 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 investment options available at XM Group and BDSwiss, both brokers offer forex trading via CFDs or spot contracts. XM Group provides a more extensive selection with 1,394 tradeable symbols, including 55 forex pairs, compared to BDSwiss’s 1,081 symbols and 53 forex pairs. In terms of direct access to major stock exchanges, XM Group allows clients to purchase exchange-traded securities on both U.S. and international exchanges, enabling investments in companies like Apple and Vodafone. On the other hand, BDSwiss does not offer this level of access to exchange-traded securities.
Both brokers support copy trading, providing options for investors who wish to mimic the strategies of experienced traders. Additionally, while neither broker facilitates the purchase of actual cryptocurrencies, both offer derivatives in this asset class. Despite their similarities, XM Group edges ahead with a higher rating of 4.5 stars for its range of investments, as opposed to BDSwiss's 4 stars. In rankings by ForexBrokers.com, XM Group is positioned at #24 out of 63 brokers, whereas BDSwiss holds the #34 spot, highlighting XM Group’s broader appeal in the variety of investments offered.
| 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 | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| 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.
Both XM Group and BDSwiss offer solid online trading experiences through their platforms and tools, making them appealing choices for traders at various levels. For those looking to practice their trading skills without financial risk, both brokers provide simulated or demo accounts, which are very useful for learning and testing strategies. Traders using Windows desktops can download trading platforms from either XM Group or BDSwiss, and both brokers also provide web-based platforms that are accessible from any internet browser. When it comes to direct chart trading, copy trading, and the use of popular platforms like MetaTrader 4 and MetaTrader 5, both brokers have you covered. However, only BDSwiss has a proprietary platform developed in-house, potentially offering unique features tailored to the needs of their users.
Chart enthusiasts will find a variety of tools available, with both XM Group and BDSwiss providing 15 drawing tools to assist in technical analysis. Additionally, both brokers let traders execute trades directly from stock charts and offer 7 customizable columns in watch lists to closely monitor their assets. Despite these similarities, there are subtle differentiators that may influence your decision. For example, in rankings by ForexBrokers.com, BDSwiss outperforms XM Group, holding the 24th position compared to XM Group's 32nd in the Trading Platforms and Tools category. Nevertheless, both are rated 4 out of 5 stars, suggesting strong offerings in this realm. Whether you prioritize a proprietary platform, rankings, or specific trading tools, both brokers provide comprehensive trading environments designed to meet diverse trading needs.
| Feature |
XM Group
|
BDSwiss
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| 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 |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| 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 comparing the mobile trading apps of XM Group and BDSwiss, both platforms are noteworthy for their user-friendly features available on iPhone and Android devices. They provide essential functionalities like stock and forex price alerts, creating watchlists with real-time quotes, and offering 30 technical studies for chart analysis. Users can dial into multiple time frames, such as daily, weekly, or intraday views, and draw trendlines on charts. However, while both platforms ensure smooth navigation, BDSwiss stands out with its ability to auto-save drawings on charts, a feature not available with XM Group. Furthermore, XM Group facilitates better watchlist synchronization between its mobile and online platforms, allowing for seamless updates across devices.
In terms of user satisfaction and app rankings, both XM Group and BDSwiss earn a solid 4-star rating from their users. However, when ranked by ForexBrokers.com out of 63 brokers, BDSwiss edges past by securing the 24th position compared to XM Group's 30th. These insights position BDSwiss slightly ahead in the competitive landscape of mobile trading apps, although the choice may ultimately depend on specific features prioritized by individual traders.
| Feature |
XM Group
|
BDSwiss
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of XM Group and BDSwiss, both brokers provide daily market commentary, keeping traders updated with timely insights. XM Group stands out by offering forex news from top-tier sources like Bloomberg and Reuters, providing traders with high-quality information. While both brokers utilize Trading Central for technical analysis, BDSwiss differentiates itself by offering tools from Autochartist, a well-regarded resource for technical and fundamental analysis. However, XM Group provides a sentiment-based trading tool that tracks the ratio of long and short positions, which BDSwiss does not offer.
Both brokers present an economic calendar to keep traders informed of significant global economic events. However, when considering overall ratings, XM Group receives 5 stars for research compared to BDSwiss's 4-star rating. This higher rating is reflected in their positions in the ForexBrokers.com research category, where XM Group ranks #8 out of 63 brokers, significantly ahead of BDSwiss, which comes in at #24. This comparison highlights that while both platforms have commendable offerings, XM Group provides more comprehensive market research tools and information accessibility, which may appeal to more informed and resource-hungry traders.
| Feature |
XM Group
|
BDSwiss
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both XM Group and BDSwiss offer a substantial array of tools to help newcomers get started in forex and CFD trading. Both brokers provide more than ten educational materials, including articles, videos, and archived webinars, focusing on helping traders understand the intricacies of these markets. Each platform hosts regular online webinars, with at least one session per month, and provides an easily accessible archive of recorded sessions, ensuring that users can continue learning at their own pace. Furthermore, both brokers cater to beginners with over ten educational videos each, specifically designed to demystify trading concepts and strategies.
While XM Group and BDSwiss have similarities in their beginner offerings, there are notable differences as well. BDSwiss distinguishes itself by offering an investor dictionary, giving users quick access to definitions of more than 50 trading terms. In contrast, XM Group does not provide a similar feature. Overall, XM Group holds an edge in terms of educational quality, earning a perfect 5-star rating from ForexBrokers.com and ranking seventh out of 63 brokers. BDSwiss, while scoring a respectable four stars in education and ranking nineteenth, still provides valuable learning resources that cater to various levels of trading expertise.
| 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) | No | 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
|
BDSwiss
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 73 |
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Both XM Group and BDSwiss provide options for trading cryptocurrency derivatives but do not offer the ability to purchase actual, delivered cryptocurrencies.
While both XM Group and BDSwiss provide deposit and withdrawal options through Skrill, Visa, Mastercard, and bank wires, BDSwiss additionally supports ACH and SEPA transfers, whereas neither broker offers PayPal as a payment method.
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 | 93 | 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 | 93 | 73 | |
| Year Founded | 2009 | 2012 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| 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 | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| 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) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| 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 | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| 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 | No | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | No |
| Funding | XM Group | BDSwiss | |
|---|---|---|---|
| Minimum Deposit | $5 | $10-$5000 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | 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 | 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 | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | XM Group | BDSwiss | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| 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) | No | 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 | 93 | 73 | |
| Winner | check_circle | ||
| Review | XM Group Review | BDSwiss Review |
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