BDSwiss
Xtrade
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Overview
BDSwiss was founded in 2012 and is headquartered in Mauritius, while Xtrade was established in 2003 and is based in Australia. BDSwiss holds licences including BDS Ltd (Registration No. 8424660-1) is authorized and regulated by the Financial Services Authority (the “FSA”, while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. BDSwiss serves 10,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $500 at BDSwiss and $1 at Xtrade.
| Feature | BDSwiss | Xtrade |
|---|---|---|
| Min. Deposit | $500 | $1 |
| Regulation | BDS Ltd (Registration No. 8424660-1) is authorized and regulated by the Financial Services Authority (the “FSA”, licence no. SD047) Registered address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2012 | 2003 |
| Country | Mauritius | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between BDSwiss and Xtrade, directly affecting your bottom line as a trader. Xtrade has a lower barrier to entry with a minimum deposit of $1 (vs $500 at BDSwiss). Neither broker charges withdrawal fees. BDSwiss charges deposit fees; Xtrade does not. Overall, Xtrade scores higher on fees in our assessment.
| Feature | BDSwiss | Xtrade |
|---|---|---|
| Min. Deposit | $500 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
BDSwiss offers MT4, MT5, cTrader, a proprietary platform, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. BDSwiss edges ahead on platform breadth and functionality in our scoring.
| Feature | BDSwiss | Xtrade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4 ,Android,iPhone,Mac | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how BDSwiss and Xtrade compare. BDSwiss runs regular live webinars; Xtrade does not. BDSwiss has a video library; Xtrade does not. BDSwiss publishes daily market commentary; Xtrade does not. BDSwiss integrates third-party research tools (Trading Central, Autochartist); Xtrade does not. BDSwiss maintains an archive of past webinars for on-demand viewing. BDSwiss scores higher overall in education and research.
| Feature | BDSwiss | Xtrade |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. BDSwiss uniquely supports bank transfer and credit/debit card among the two brokers. BDSwiss scores higher on deposit and withdrawal flexibility.
| Feature | BDSwiss | Xtrade |
|---|---|---|
| Bank Transfer | Yes | Not available |
| Credit Card | Yes | Not available |
| PayPal | No | Not available |
| Skrill | No | Not available |
| Neteller | No | Not available |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both BDSwiss and Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. BDSwiss offers multilingual support. Both brokers are comparable on support quality.
| Feature | BDSwiss | Xtrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | Not available |