Comparison of BDSwiss and XM
Feature | BDSwiss | XM |
---|---|---|
Broker | ||
Year Founded | 2012 | 2009 |
Broker Type | STP, MM | MM |
Dealing | A-book, B-book | B-book |
Execution | Market | Market |
Regulation | SFSA, MISA, FSC, FSCA | BFSC, CySEC, ASIC, DFSA |
Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), BDSwiss WebTrader | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Spread | ⮕ Average | ⬊ Low |
Maximum Leverage | 1:2000 | 1:1000 |
Minimum Deposit | $10 | $5 |
Base Currencies | USD, EUR, GBP | USD, EUR, GBP, AUD, CHF, JPY, PLN, ZAR, SGD, HUF |
Funding Methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, PayRetailers, AstroPay, Globepayinc, M-Pesa, Interac, Korapay, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Bitcoin Cash (BCH), Litecoin (LTC), Dash (DASH), Zcash (ZEC), TrueUSD (TUSD), Tron (TRX), Cardano (ADA) | Bank Wire, Credit Card, Debit Card, FasaPay, Giropay, IDEAL, Jeton, Mobile Money, MuchBetter, Neteller, NganLuong, Paysafecard, Perfect Money, POLi, Przelewy24, Skrill, STICPAY, Trustly, China UnionPay, WebMoney |
Inactivity Fee | $30 per month after 30 days of inactivity | $15 after 12 months |
Interest on Margin | ✖ | ✖ |
Withdrawal Fee | No fee on cards & e-wallets; $10 for bank wires below $100, free above | ✖ |
Investor Protection | - | Investor Compensation Fund (ICF) |
Protection Size | - | €20 000 |
Segregated Accounts | ✔ | ✔ |
Negative Balance Protection | ✔ | ✔ |
Guaranteed Stop Loss | ✖ | ✖ |
Copy Trading | ✔ | ✔ |
VPS | ✔ | ✔ |
MAM/PAMM | ✖ | ✖ |
Scalping Allowed | ✔ | ✔ |
EAs/Robots | ✔ | ✔ |
Depth of Market (DOM) | ✔ | ✔ |
Tradable Assets (CFDs) | Forex, Indices, Shares, Cryptocurrencies, Metals, Energies | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, Soft Commodities |
Review | BDSwiss Review | XM Review |
About BDSwiss
Founded in 2012, BDSwiss has grown to 1.7 million+ accounts worldwide. The broker offers MT4, MT5 and its own WebTrader with ultra-fast execution (0.08 s) and dynamic leverage up to 1:2000. Four live accounts-Classic, VIP, Cent and Raw (Zero-Spread)-start from just $10, while negative-balance protection and segregated funds add safety. Research by Trading Central, Autochartist tools and daily webinars make BDSwiss attractive for active traders; the downside is the $30 inactivity charge and absence of top-tier (EU/UK) regulation.
Pros
- Minimum deposit from $10
- Dynamic leverage up to 1:2000
- MT4/MT5 plus proprietary WebTrader
- Autochartist + Trading Central analytics
- 24/5 multilingual support in 20+ languages
- Negative-balance protection & segregated funds
Cons
- No tier-1 (FCA/CySEC) licence
- Inactivity fee after 30 days
- Lack of ETFs and bonds
- Clients from EU/UK/US not accepted
About XM
XM is a globally recognized forex and CFD broker established in 2009. Regulated by reputable financial authorities such as the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC), XM provides a secure and transparent trading environment. The broker offers access to over 1000 financial instruments, including forex pairs, commodities, indices, metals, and energies, catering to both novice and experienced traders. One of XM's standout features is its commitment to client education and support. The broker provides extensive educational resources like webinars, tutorials, and market analyses to help traders make informed decisions. With multiple account types, competitive spreads, and support for popular trading platforms like MetaTrader 4 and MetaTrader 5, XM aims to deliver a flexible and user-friendly trading experience tailored to individual needs.
Pros
- Regulated by reputable authorities
- Wide range of trading instruments
- Multiple account types
- Competitive spreads and leverage
- Comprehensive educational resources
- Advanced trading platforms
- Multilingual customer support
Cons
- Inactivity fees
- Restricted in certain countries
BDSwiss & XM Regulation
Feature | BDSwiss | XM |
---|---|---|
Companies | BDS Ltd, BDS Markets, BDSwiss Markets SA (PTY) Ltd | XM Global Limited, Trading Point Of Financial Instruments Ltd, Trading Point of Financial Instruments Pty Limited, Trading Point MENA Limited |
Countries | Seychelles, Mauritius, South Africa | Belize, Cyprus, Australia, United Arab Emirates |
Regulators | SFSA, MISA, FSC, FSCA | BFSC, CySEC, ASIC, DFSA |
Investor Protection | - | Investor Compensation Fund (ICF) |
Investor Protection Size | - | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
Account | BDSwiss | XM |
---|---|---|
Market Maker Account | ||
Account Name | Classic | Standard |
Min Deposit | $10 | $5 |
Lot Size | 0.01 | 0.01 |
Spread Type | Floating | Floating |
Execution | Market | Market |
Min Spread | 1.2 | 1.6 |
Fee | No | No |
Max Leverage | 1:2000 | 1:1000 |
Stop Out | 20% | 20% |
Margin Call | 50% | 50% |
STP Account | ||
Account Name | VIP | — |
Min Deposit | $250 | — |
Lot Size | 0.01 | — |
Spread Type | Floating | — |
Execution | Market | — |
Min Spread | 1.1 | — |
Fee | No | — |
Max Leverage | 1:2000 | — |
Stop Out | 20% | — |
Margin Call | 50% | — |
Zero Account | ||
Account Name | Zero-Spread | — |
Min Deposit | $100 | — |
Lot Size | 0.01 | — |
Spread Type | Floating | — |
Execution | Market | — |
Min Spread | 0.0 | — |
Fee | $6 per 1 lot | — |
Max Leverage | 1:2000 | — |
Stop Out | 20% | — |
Margin Call | 50% | — |
Cent Account | ||
Account Name | Cent | Micro |
Min Deposit | $10 | $5 |
Lot Size | 0.01 | 0.01 |
Spread Type | Floating | Floating |
Execution | Market | Market |
Min Spread | 1.6 | 1.6 |
Fee | No | No |
Max Leverage | 1:2000 | 1:1000 |
Stop Out | 20% | 20% |
Margin Call | 50% | 50% |
Additional Features | ||
Demo Account | ||
VIP Account | ||
Swap-Free Account | ||
Copy Trading | ||
VPS | ||
PAMM/MAM Accounts |
Funding and Fees
Feature | BDSwiss | XM |
---|---|---|
Base currencies | USD, EUR, GBP | USD, EUR, GBP, AUD, CHF, JPY, PLN, ZAR, SGD, HUF |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, PayRetailers, AstroPay, Globepayinc, M-Pesa, Interac, Korapay, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Bitcoin Cash (BCH), Litecoin (LTC), Dash (DASH), Zcash (ZEC), TrueUSD (TUSD), Tron (TRX), Cardano (ADA) | Bank Wire, Credit Card, Debit Card, FasaPay, Giropay, IDEAL, Jeton, Mobile Money, MuchBetter, Neteller, NganLuong, Paysafecard, Perfect Money, POLi, Przelewy24, Skrill, STICPAY, Trustly, China UnionPay, WebMoney |
Inactivity fee | $30 per month after 30 days of inactivity | $15 after 12 months |
Interest on margin | ||
Withdrawal fee | No fee on cards & e-wallets; $10 for bank wires below $100, free above |
Trading Platforms and Conditions
Feature | BDSwiss | XM |
---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), BDSwiss WebTrader | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Execution Speed | 80 ms | 0 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | average | low |
Trading Assets
Asset | BDSwiss | XM |
---|---|---|
Currencies | 51 | 55 |
Indices | 11 | 50 |
Stocks | 128 | 1307 |
Cryptocurrencies | 26 | 58 |
Bonds | 0 | 0 |
Metals | 4 | 3 |
Energies | 2 | 3 |
Soft Commodities | 0 | 8 |
ETFs | 0 | 0 |
Education and Analytics
Feature | BDSwiss | XM |
---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Bonuses
Bonus | BDSwiss | XM |
---|---|---|
Welcome Bonus | ||
Is available | ||
Size | — | 100%, up to $5000 |
Details | — | Learn More |
Contests
Feature | BDSwiss | XM |
---|---|---|
Live Contests | ||
Is available | ||
Contests List | — |
|
- StarterStart Balance: $500 · Prize Pool: $15000 · Period: WeeklyLearn More
- ProStart Balance: $1000 · Prize Pool: $30,000 · Period: WeeklyLearn More
Customer Support
Contact | BDSwiss | XM |
---|---|---|
Email | support@km.bdswiss.com | support@xm.com |
Phone | +442036705890 | +5012236696 |
Telegram | Telegram | — |
Facebook | ||
LinkedIn | — | |
YouTube | YouTube | YouTube |
Instagram | ||
Twitter | ||
TikTok | — | TikTok |
Which Broker is Better?
After comparing BDSwiss and XM, XM comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.