XM
Visit

74.07% of retail CFD accounts lose money.

Vs.

BDSwiss
Visit

72.5% of retail CFD accounts lose money.

XM Vs. BDSwiss - Compare and Choose the Right One

Updated Jan 08 2022

Visit

74.07% of retail CFD accounts lose money.

Visit

72.5% of retail CFD accounts lose money.

Overview

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

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.

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

TTBTrust

6

Provided by TheTradingBible.com ®

Learn More

TTBTrust

6

Provided by TheTradingBible.com ®

Learn More
The Good
  • Competitive commissions on their Zero account
  • Modest asset offering of 1500+ tradable instruments (similar to competitors in the same range)
  • Excellent educational library with analysis published on the daily basis
  • Suitable for traders who are willing to invest time in learning fundamental analysis.
The Bad
  • No proprietary platforms or technology
  • Expensive spreads and trading fees
  • Lack of asset variety when compared to other brokers 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.
Status
Operational Operational
Recent News
N/A N/A
Key Data
⌛ Account Opening Time
1 day 1 Day
📋 Documents Required
  • 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.

🏛 Financial Regulators
  • ASIC (Australia)
  • CySec (Cyprus)
  • ADGM (United Arab Emirates)
  • CySec (Cyprus)
  • NFA (United States)
  • FSC (Mauritius)
📍 Year Founded
2009 2012
💳 Minimum Deposit
€, £, $ - 5 $, €, £ - 100
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Sofort
  • iDeal
💵 Account Base Currencies
11 - USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR. 4 - USD, EUR, GBP, SEK
🗽 Available to U.S Citizens
NO No
❌ Restricted Countries
US, CA. BE, CD ,ER, JP, KP, LY, MU, SC, SO, SD, US
📊 STP Account
No Yes
📊 DMA Account
No No
📊 ECN Account
No Yes
Assets
📚 Available Assets

CFDs on stocks, commodities, currencies and indices.

CFDs on stocks, commodities, currencies, cryptocurrencies and indices.

📙 Stocks
1286 140 CFDs / 900+ on MT5 Platform
📘 Currency Pairs
57 50+
📗 Commodities
15 6
📕 Indices
14 10
📔 ETFs
N/A 80
💸 Cryptocurrencies
N/A 20
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
10 N/A
📝 Notes:
All of XM's assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
Fractional Share trading - Varies per stock (Eg: 0.1/16 of ADBE shares) 1 share
📉 Minimum ETFs Trade Size
N/A 1 contract
📈 Minimum Crypto Trade Size
N/A 0.01 Lots
📉 Minimum FX Trade Size
$100 (0.001 Lots) $1,000 (0.01 lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.01 Troy ounce of Gold) 0.01 Lots
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
All of XM's futures are commodities, same rules apply. N/A
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
N/A Up to 1:500
✍ Customisable Leverage
Yes No
🎲 Deleveraged Trading
No No
🎓 Demo Account
Yes Yes
📱 IOS App
No Yes
📱 Android App
No Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
No Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes Yes
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee

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

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

💰 Deposit Fees
No No
💰 Withdrawal Fees
No

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

💰 Commissions

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

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

Spreads
📈 EUR/USD
Dynamic - From 1.7 Pips Dynamic - From 0.3 Pips (Raw Account)
📉 SP500
Dynamic - From 40 Pips Dynamic - From 39 Pips
📈 GOLD
Dynamic - From 35 Pips Dynamic - From 27 Pips
📉 TSLA (Stock CFD)
Dynamic - From $9.4 Dynamic - From $3.30
📈 XLK (ETF - CFD)
N/A 0.10%
📉 BTC
N/A Dynamic - From $190
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No

By using TheTradingBible.com's website you agree to the use of cookies.