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 choosing an online broker, understanding regulatory standings can help ensure your investments are in good hands. XM Group, founded in 2009, demonstrates a solid regulatory foundation with four Tier-1 licenses, reflecting a high level of trust according to ForexBrokers.com ratings. With one additional Tier-2 license, XM Group achieves a Trust Score of 88, categorizing it as a trusted broker. Although XM Group is not publicly traded or a bank, its regulatory compliance provides customers with confidence when engaging with its platform.
Conversely, BDSwiss, established in 2012, holds one Tier-1 license, which also suggests trust according to industry standards, but it has no Tier-2 licenses. This regulatory setup contributes to a ForexBrokers.com Trust Score of 73, placing it in the average risk category. Like XM Group, BDSwiss is neither publicly traded nor a banking institution. Investors might consider these factors when deciding between the two brokers, as the number and level of licenses can influence overall trust and risk perception.
| 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 XM Group and BDSwiss in terms of commissions and fees, both brokers receive a four-star rating. However, each has distinct characteristics that might influence your choice. XM Group's standard account spreads tend to be on the pricy side, with no published average spreads for the commission-based XM Zero account. Despite these higher costs, XM Group maintains a strong presence, albeit ranking 33rd out of 62 brokers analyzed by ForexBrokers.com.
On the other hand, BDSwiss boasts commendable order execution statistics, yet its spreads are higher compared to industry leaders. The Classic account's spread is relatively costly at 1.5 pips for EUR/USD. Alternatively, the Raw account offers a spread of 0.3 pips accompanied by a $5 commission per side, resulting in a total effective spread of 1.3 pips. For those preferring a lower spread, the VIP account offers 1.2 pips. BDSwiss edges ahead of XM Group, securing the 29th position in the commissions and fees category according to ForexBrokers.com.
| 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 offerings, XM Group surpasses BDSwiss in several areas, making it a more versatile choice for traders seeking diversity. XM Group offers an impressive 1,394 tradeable symbols, compared to BDSwiss's 1,081. Both brokers allow trading in forex as CFDs or spot contracts, with XM Group providing access to 55 tradeable forex pairs and BDSwiss slightly behind with 53. A key advantage for XM Group is the ability for clients to invest in actual exchange-traded securities on both U.S. and international exchanges, including prominent stocks like Apple and Vodafone. BDSwiss, on the other hand, limits its trading options to CFDs, excluding access to direct stock purchases on these exchanges.
Both XM Group and BDSwiss offer copy trading and the ability to trade cryptocurrency derivatives, although neither provides direct purchases of cryptocurrency. In terms of ratings, XM Group shines with a 4.5-star rating for its range of investments, outperforming BDSwiss, which holds a 4-star rating. Ranking 23rd out of 62 brokers by ForexBrokers.com, XM Group is a more attractive choice for investors focused on diverse trading options, while BDSwiss ranks 34th in the same category, indicating a slightly less comprehensive range.
| 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 comprehensive trading platforms that cater to a variety of trader needs, including virtual demo accounts for beginners to practice with simulated trading. They both provide versatile trading environments with Windows-based desktop platforms and web-based options available, ensuring accessibility whether at home or on the go. Traders looking for diverse platform offerings might consider that BDSwiss also delivers a proprietary trading platform developed in-house, an advantage if one is looking for something unique to what most brokers provide. Nonetheless, both brokers support widely-used platforms such as MetaTrader 4 and MetaTrader 5, appealing to traders who prefer these industry favorites.
When it comes to trading tools, XM Group and BDSwiss offer similar features, including the ability to trade directly from stock charts, support for copy trading, and an impressive array of 15 drawing tools for charting. Their watch lists are equally robust, providing seven columns for detailed tracking of market movements. Neither broker currently integrates platforms like DupliTrade or ZuluTrade, focusing their strengths on core trading functionalities. While XM Group and BDSwiss are both rated 4 stars in Trading Platforms and Tools, BDSwiss is ranked higher at #24 compared to XM Group's #30 among 62 brokers, reflecting a slight edge in industry positioning according to ForexBrokers.com.
| 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 offer great features for traders on the go. For users with iPhones or Android devices, both XM Group and BDSwiss provide dedicated apps. Each app allows users to set stock or forex price alerts and offers 30 technical studies for detailed chart analysis. Drawing trendlines on charts and viewing multiple time frames ranging from daily to intraday is a breeze with either platform. However, there's a notable difference when it comes to watchlist syncing. XM Group syncs changes between the mobile app and the online account, allowing for more seamless management, while BDSwiss does not.
Both XM Group and BDSwiss enable users to create watchlists with real-time quotes, yet there's a difference when it comes to saving chart drawings automatically; BDSwiss supports this feature, whereas XM Group does not. In terms of mobile app ratings, both receive strong ratings of 4 stars, indicating a reliable user experience. Interestingly, when ranked among 62 brokers, BDSwiss edges out slightly, taking the 24th spot, while XM Group is ranked 28th, showcasing BDSwiss as slightly more preferable according to ForexBrokers.com for mobile trading apps.
| 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 XM Group and BDSwiss in terms of market research offerings, both brokers provide daily market commentary and feature economic calendars to keep traders informed about global news events. However, XM Group stands out by delivering forex news sourced from top-tier providers like Bloomberg and Reuters, a feature BDSwiss does not offer. On the technical analysis front, while BDSwiss integrates tools from Autochartist, XM Group relies on Trading Central for its analytical needs, a resource both brokers utilize. Additionally, XM Group provides a sentiment-based trading tool to track market positions, an aspect missing from BDSwiss's offerings.
Overall, XM Group appears to provide a slightly more comprehensive research experience, securing a 5-star rating and ranking 8th out of 62 brokers on ForexBrokers.com. In contrast, BDSwiss holds a 4-star rating and ranks at 24th. Both brokers lack support from TipRanks and Acuity Trading for market research tools, indicating room for enhancement in this area. Nevertheless, XM Group's inclusion of superior news sources and sentiment analysis tools may appeal to traders seeking enriched market insights.
| 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 provide a comprehensive array of options aimed at enhancing trading knowledge. Both platforms offer over 10 educational pieces, such as articles, videos, and archived webinars, focusing on forex and CFDs. Additionally, they conduct online webinars at least once a month and maintain an easily accessible archive of these recordings for client reference. For those just beginning their trading journey, each broker delivers over 10 beginner educational videos, along with content for more advanced traders. However, an important distinction is the presence of an investor dictionary: BDSwiss offers definitions for over 50 investing terms, which XM Group lacks.
In terms of ratings for educational resources, XM Group earns a superior rating with five stars, while BDSwiss is just behind with four stars. XM Group also ranks higher, securing the 7th spot out of 62 brokers surveyed by ForexBrokers.com in the Education category, whereas BDSwiss holds the 19th position. These rankings suggest that while both brokers offer valuable educational content, XM Group has a slight edge in the comprehensiveness and quality of its educational offerings. For those prioritizing educational resources, XM Group may be the more attractive choice, particularly for beginners looking to enhance their trading knowledge.
| 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 62 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 | 88 | 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 | 88 | 73 | |
| Winner | check_circle | ||
| Review | XM Group Review | BDSwiss Review |
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| Regulation | XM Group | BDSwiss | |
|---|---|---|---|
| Trust Score | 88 | 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) | No | No | |
| 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) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| 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 |
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| Trust Score | 88 | 73 | |
| Winner | check_circle | ||
| Review | XM Group Review | BDSwiss Review |
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