Written by ForexBrokers.com
In this head to head comparison of BDSwiss vs Xtrade, 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 2012, BDSwiss is an online broker that holds one Tier-1 license, considered highly trusted, and has a Trust Score of 73 according to ForexBrokers.com. Despite not being publicly traded or a bank, BDSwiss is seen as an average-risk broker in terms of reliability and trustworthiness.
Meanwhile, Xtrade, established in 2003, also possesses one Tier-1 license and carries a slightly higher Trust Score of 74, putting it in the average-risk category as well. Like BDSwiss, Xtrade is neither publicly traded nor a bank, but it offers an additional Tier-2 license, contributing to its slightly higher trust rating.
| Feature |
BDSwiss
|
Xtrade
|
|---|---|---|
| Year Founded | 2012 | 2003 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing the commissions and fees of online brokers BDSwiss and Xtrade, it's clear that BDSwiss offers a structured pricing setup with varying options depending on the type of account. BDSwiss comes with a spread of 1.5 pips on EUR/USD for its Classic account, which can be considered high. Their Raw account offers a more competitive structure with a 0.3 pip spread plus a $5 commission per side, amounting to a total effective spread of 1.3 pips. The VIP account from BDSwiss provides a spread of 1.2 pips. In terms of star ratings, BDSwiss fares well with 4 out of 5 stars for its commissions and fees, securing the 30th position out of 63 brokers as ranked by ForexBrokers.com.
On the other hand, Xtrade doesn’t provide specific average spread data, making it difficult for potential clients to fully understand their costs upfront. Xtrade has earned a lower rating, with only 2.5 stars out of 5 for its commissions and fees. This is reflected in its ranking, where it is positioned last at 63 out of 63 brokers on ForexBrokers.com when it comes to commissions and fees.
To summarize, if competitive spreads and transparent pricing are priorities, BDSwiss offers a clearer picture with its tiered account offerings. Xtrade, meanwhile, may leave potential clients seeking more detailed information to accurately assess their trading expenses. This contrast is highlighted in their respective rankings and ratings, with BDSwiss standing as a more favorable option for those who value cost efficiency.
| Feature |
BDSwiss
|
Xtrade
|
|---|---|---|
| Minimum Deposit | $10-$5000 | $250 |
| Average Spread EUR/USD - Standard | 1.6 | N/A |
| All-in Cost EUR/USD - Active | 1.3 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| 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.
BDSwiss and Xtrade both offer forex trading as CFDs, providing options for traders who prefer this style of investment. However, BDSwiss boasts a significantly larger array of tradeable symbols, with 1081 options compared to Xtrade's 482. When it comes to forex pairs, Xtrade offers a slight edge with 56 pairs, surpassing BDSwiss's 53. Neither platform provides access to exchange-traded securities on U.S. or international exchanges, meaning clients cannot purchase shares like Apple or Vodafone directly. In terms of cryptocurrency, both brokers offer derivatives, but neither allows for the purchase of actual, delivered digital currencies.
For those interested in social trading, BDSwiss supports copy trading, enabling clients to mirror the transactions of successful investors, a feature not available with Xtrade. Despite similar offerings, BDSwiss receives a higher rating of 4 stars for its range of investments compared to Xtrade's 3.5 stars. In rankings compiled by ForexBrokers.com for the range of investments, BDSwiss is positioned at 34 out of 63 brokers, which is notably better than Xtrade's rank at 49. These distinctions make BDSwiss a potentially more versatile choice for those prioritizing a wider selection of investments.
| Feature |
BDSwiss
|
Xtrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1081 | 482 |
| Forex Pairs (Total) | 53 | 56 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | No |
| 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.
When comparing the trading platforms and tools of BDSwiss and Xtrade, both brokers provide users with a wealth of features aimed at enhancing the trading experience. BDSwiss offers a simulated trading environment through a free virtual demo account and supports multiple platforms, including their proprietary platform, as well as MetaTrader 4 (MT4) and MetaTrader 5 (MT5). BDSwiss also provides a downloadable Windows-based desktop platform, in addition to a web-based browser platform, and allows users to engage in copy trading. For those who enjoy direct interactions with their charts, BDSwiss offers the ability to trade directly from them. The platform supports seven columns for watch lists and includes 15 drawing tools for charting, earning it a rating of 4 out of 5 stars for trading platforms and tools, placing it at #24 out of 63 brokers ranked by ForexBrokers.com.
Xtrade positions itself with a different set of tools, offering its own proprietary platform and a web-based (browser) trading platform, also accessible through a free virtual demo account. Unlike BDSwiss, Xtrade does not offer a Windows-based download platform, MetaTrader options, or copy trading facilitation. However, Xtrade excels in charting features, providing 100 drawing tools and 9 columns for watch lists, granting traders more flexibility for comprehensive market analysis. Xtrade also supports trading directly from stock charts but lacks additional integration options like DupliTrade and ZuluTrade. This result gives Xtrade a 3.5-star rating for trading platforms and tools and a #58 ranking among 63 brokers, as reported by ForexBrokers.com.
| Feature |
BDSwiss
|
Xtrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | N/A |
| Charting - Drawing Tools (Total) | 15 | 100 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 9 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both BDSwiss and Xtrade offer apps for both iPhone and Android users. However, BDSwiss stands out with its array of features, including real-time stock and forex price alerts, which aren't available with Xtrade. BDSwiss also allows users to draw trendlines and offers multiple time frame views and auto-saving of chart drawings for enhanced trading analysis. Unfortunately, neither broker provides watchlist symbol syncing between their apps and online accounts.
In terms of charting capabilities, BDSwiss provides a more detailed experience with 30 available technical studies, while Xtrade does not specify any offerings in this area. Additionally, BDSwiss enables traders to create watchlists with real-time quotes, another feature missing from Xtrade's app. Despite these differences, both apps are rated four out of five stars for mobile trading, but BDSwiss ranks higher at #24 compared to Xtrade's #53 in the Mobile Trading Apps category on ForexBrokers.com. This places BDSwiss as the more feature-rich option for traders who seek a versatile mobile trading experience.
| Feature |
BDSwiss
|
Xtrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | No |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | No |
Dive deeper: Best Forex Trading Apps.
Both BDSwiss and Xtrade provide daily market commentary, ensuring traders stay updated with the latest market trends. However, Xtrade has an edge when it comes to delivering forex news from top-tier sources like Bloomberg and Reuters, which BDSwiss lacks. On the flip side, BDSwiss shines with its comprehensive suite of tools from Autochartist and Trading Central, providing solid technical and fundamental analysis resources that Xtrade does not offer. Both brokers include an economic calendar to inform users of current and upcoming global news events.
When it comes to research ratings, BDSwiss scores a notable 4 out of 5 stars, placing it at the 24th spot out of 63 brokers on ForexBrokers.com. In comparison, Xtrade earns a 3.5-star rating and holds the 52nd position. Neither broker offers sentiment-based trading tools, nor do they feature research from TipRanks or Acuity Trading, making it essential for users to consider which specific research tools better align with their trading strategy.
| Feature |
BDSwiss
|
Xtrade
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners seeking guidance in the world of trading, BDSwiss and Xtrade both provide valuable educational resources focused on forex and CFDs. However, BDSwiss takes the lead with more comprehensive offerings. Both platforms supply over 10 educational resources, including articles and videos, which cover fundamental trading concepts. BDSwiss distinguishes itself with frequent online client webinars, held monthly, which are not a feature Xtrade provides. Additionally, BDSwiss offers an archive of recorded webinars, allowing beginners to learn at their own pace, whereas Xtrade lacks this option.
When it comes to video content tailored to both beginners and advanced traders, BDSwiss offers an impressive library that includes more than 10 videos for each level. While both brokers provide an investor dictionary with over 50 investment terms, BDSwiss is rated higher for education with 4 stars compared to Xtrade's 3.5 stars. Among a field of 63 brokers, BDSwiss ranks at a commendable #19, while Xtrade sits at #46, indicating BDSwiss's stronger foothold in educational resources for aspiring traders.
| Feature |
BDSwiss
|
Xtrade
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that BDSwiss is better than Xtrade. BDSwiss finished with an overall rank of #36, while Xtrade finished with an overall rank of #60.
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.
| Feature |
BDSwiss
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Xtrade
|
|---|---|---|
| Overall Rating |
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| Trust Score | 73 | 74 |
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Both BDSwiss and Xtrade do not support the purchase of actual delivered cryptocurrency, but each platform offers the ability to trade cryptocurrency derivatives.
When comparing online brokers BDSwiss and Xtrade, both offer Visa, Mastercard, Skrill, and bank wire options for depositing or withdrawing funds, but only BDSwiss provides ACH and SEPA transfers, while neither supports PayPal.
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 | BDSwiss | Xtrade | |
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| Trust Score | 73 | 74 | |
| Winner | check_circle | ||
| Review | BDSwiss Review | Xtrade Review |
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| Regulation | BDSwiss | Xtrade | |
|---|---|---|---|
| Trust Score | 73 | 74 | |
| Year Founded | 2012 | 2003 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | BDSwiss | Xtrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| 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) | BDSwiss | Xtrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | BDSwiss | Xtrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1081 | 482 | |
| Forex Pairs (Total) | 53 | 56 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | No | |
| 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 | BDSwiss | Xtrade | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.6 | N/A | |
| All-in Cost EUR/USD - Active | 1.3 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | No | Yes |
| Funding | BDSwiss | Xtrade | |
|---|---|---|---|
| Minimum Deposit | $10-$5000 | $250 | |
| 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 | Yes | No |
| Trading Platforms | BDSwiss | Xtrade | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | BDSwiss | Xtrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | No | |
| Watchlists - Total Fields | 7 | 9 | |
| Charting - Indicators / Studies (Total) | 30 | N/A | |
| Charting - Drawing Tools (Total) | 15 | 100 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | BDSwiss | Xtrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | No | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | No | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | No |
| Research | BDSwiss | Xtrade | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | BDSwiss | Xtrade | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | BDSwiss | Xtrade | |
|---|---|---|---|
| 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 | BDSwiss Review | Xtrade Review |
| Overall | BDSwiss | Xtrade | |
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| Trust Score | 73 | 74 | |
| Winner | check_circle | ||
| Review | BDSwiss Review | Xtrade Review |
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