BDSwiss Vs. XM - Compare Trustworthiness, Capabilities, Fees and Legitimacy

BDSwiss is a global broker headquartered in Switzerland that holds multiple financial licenses and offers access to over 250 financial instruments through 4 account types according to each trader's needs.

XM is an international broker headquartered in Cyprus which offers MetaTrader 4 & 5 and over 1500 + tradable assets.

• Beginners looking to learn the basics using the "Cent" account
• Intermediate traders looking for quality fundamental analysis

• Experienced traders looking to trade shares in high volume using their Zero account
• MetaTrader users wishing to explore XM's offering while maintaining their preferred platforms

• CySec (Cyprus)
• NFA (United States)
• FSC (Mauritius)

• ASIC (Australia)
• CySec (Cyprus)
• ADGM (United Arab Emirates)

• Excellent educational library with analysis published on the daily basis
• Suitable for traders who are willing to invest time in learning fundamental analysis.

• Competitive commissions on their Zero account
• Modest asset offering of 1500+ tradable instruments (similar to competitors in the same range)

• Higher spreads and limited functionality for small accounts
• Needs $1000 deposit to have access to a personal account manager, or $5,000 for the advantageous Raw account.

• No proprietary platforms or technology
• Expensive spreads and trading fees
• Lack of asset variety when compared to other brokers in the same range

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• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Visa
• Mastercard
• Bank Transfer
• Neteller
• Skrill
• Sofort
• iDeal

• Visa
• Mastercard
• Bank Transfer
• Neteller
• Skrill

BE, CD ,ER, JP, KP, LY, MU, SC, SO, SD, US.

US, CA.

10% of account balance after 90 days of inactivity (minimum at €25, maximum at €49.90).

Yes, $15 one time payment after 1 year of inactivity and then $5 monthly.

€10 flat fee for bank wire withdrawals equal to or less than €100.

Yes depending on account type (Eg: Raw accounts have a $5 per lot round turn commission while other pay spreads).

Yes on Zero accounts ($7 per lot round turn).