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

FXCM is a global brokerage headquartered in the U.K that specialises in both retail and institutional trading with a comprehensive API offering. 

**The below information is provided based on FXCM EU LTD. For other FXCM entities, please go to the corresponding FXCM website for more information.

TheTradingBible.com is acting in a capacity of marketing affiliate for FXCM EU LTD.

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.

• Professional algorithmic traders looking to benefit from their comprehensive API offering.

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

• ASIC (Australia)
• CySec (Cyprus)
• FCA (United Kingdom)
• FSCA (South Africa)

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

• Comprehensive API offering with a variety of conditions and programming languages at no additional cost
• Proprietary platform (Trading Station)

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

• Lack of asset variety in their offering (over 463+ financial instruments)
• Costly spreads when compared to similar competitors

• 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.

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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

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

RU, US, CA, JP, SK, BE and more.

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

50 units of the account's base currency yearly after 1 year of inactivity.

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

Yes on bank transfer withdrawals depending on location (from $10 to $40 on local currency).

€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).