FXCC vs BDSwiss

FXCC vs BDSwiss Comparison Table 2024
FXCC	BDSwiss
Review 4.5	Review 3.8

FXCC is an established broker that’s been offering low-cost online trading since 2010. Registered in Nevis and regulated by the CySEC, it stands out for its ECN trading conditions, no minimum deposit and smooth account opening that takes less than 5 minutes.	BDSwiss is an award-winning forex and CFD broker founded in 2012. The firm offers 250+ instruments to clients in over 180 countries. With spreads from zero pips and three powerful charting platforms, they offer a rounded day trading package for beginners and seasoned investors alike. The broker is regulated by the Mauritius FSC and Seychelles FSA.
Customer Reviews
3.7 Based on 3 FXCC customer reviews
Bonus Offer
100% First Deposit Bonus Up To $2000
Comment by Reviewer
"FXCC continues to prove itself an excellent option for forex day traders with an extensive range of 70+ currency pairs, ultra-tight spreads from 0.0 pips during testing, and high leverage up to 1:500 in the ECN XL account. "	"BDSwiss will suit active day traders looking for raw pricing, fast execution and powerful trading software with a range of pre-included analysis tools. That said, the range of 250+ assets is smaller than most top competitors."
Pros
Competitive and transparent ECN spreads from 0.0 pips with zero commissions, making FXCC one of the cheapest forex brokers As an MT4 broker, FXCC offers advanced charting tools and excellent support for algo traders, especially when combined with the free VPS The free education section, including the 'Traders Corner' blog, offers a large selection of materials that will serve all experience levels There are no deposit fees except industry-standard mining charges on cryptos, which is advantageous for active traders FXCC is trusted and licensed by the CySEC, a top-tier European regulator offering high standards of safeguarding There are no restrictions on short-term trading strategies like day trading and scalping	Choice of powerful day trading terminals, including an in-house app with 50+ technical tools, a Trend Analysis feature and an advanced Market Watch window BDSwiss maintains its position as a fast execution broker, with speeds averaging 0.06 seconds plus 78.3% zero/positive slippage at the time of writing The broker continues to offer superb market research with daily expert insights, the Autochartist market scanning tool, and a forex heatmap There are several account types to suit different traders and budgets, with just a $10 minimum deposit and dynamic leverage up to 1:2000 The knowledgeable support team is available 24/5 in 20 languages and the live chat service is responsive based on tests BDSwiss offers an excellent suite of education resources for beginners including webinars, eBooks and seminars BDSwiss is a globally recognised brand with a 10+ year history transparent trading conditions
Cons
FXCC’s single platform offering is a major drawback compared to many alternatives, notably AvaTrade which provides 5 platforms to suit different trader preferences Although MetaTrader 4 continues to shine for technical analysis, the subpar design dampens the trading experience, especially compared to modern alternatives like TradingView There is a threadbare selection of research tools like Trading Central and Autochartist, value-add features available at category leaders like IG While the range of currency pairs exceeds most alternatives, the selection of additional assets is narrow, and notably, there are no stocks High withdrawal fees may catch out unsuspecting traders, including a significant $45 charge for bank wire payments	There's a $30 inactivity fee after 90 days which is higher than several top competitors, including XM which only charges $5 The range of 250+ assets is mediocre compared to most leading brokers which typically offer 1000+ The lack of a top-tier regulator like the CySEC or ASIC brings down the trust score a little VPS plans start from €30 per month, which is not the cheapest
Awards
Best STP Broker 2019 - World Finance Magazine Awards Best Trading Account (XL Account) 2019 - World Finance Magazine Awards Best Trading Account (XL Account) Europe 2018 - Global Banking & Finance Awards Best STP Broker Europe 2018 - Global Banking & Finance Awards Best Trading Account (XL Account) 2018 - JFEX Awards Best MT4 Broker 2018 - JFEX Awards Best Islamic Forex Broker (XL Account) 2018 - MENA Forex Show Awards Best STP/ECN Forex Broker 2018 - MENA Forex Show Awards Best Forex Trading Account 2017 - UK Forex Awards
Instruments
CFDs, Forex, Indices, Commodities, Crypto	CFDs, Forex, Stocks, Indices, Commodities, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$0	$10
Trading Platforms
MT4	BDSwiss Webtrader MT4 MT5
Payment Methods
Bitcoin Payments Boleto Credit Card Debit Card Ethereum Payments Mastercard Netbanx Asia Neteller Paysafecard Rapid Transfer Skrill Sofort UnionPay Visa Wire Transfer	Bitcoin Payments Credit Card Debit Card M-Pesa Mastercard Neteller PIX Payment Skrill Sofort Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
CySEC	FSC, FSA
Margin Trading
Yes	No
STP Account
Yes	No
ECN Account
Yes	Yes
DMA Account
No	No
MAM Account
Yes	Yes
PAMM Account
Yes	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
App Review
FXCC elevates mobile trading with the MT4 app on iPhone, iPad, and Android, perfect for day traders with its reliable, advanced charting featuring 30 indicators, 9 timeframes and 3 chart types. It’s incredibly easy to dive into trading on the MT4 app through an FXCC account, with just 3 simple steps. The app offers the flexibility to trade a great selection of over 70 currency pairs and other popular markets on the go.	The BDSwiss Online Forex Trading app, makes 250+ markets available for online trading on a fast, modern and user friendly platform. More features could be added, and the overall rating by users is a concern, though the service is responsive and reliable.
Android App Rating
4.4	3.8
iOS App Rating
4.8	5
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No	Yes
Copy Trading Platform
	Forex copy trading is available through the broker's partner program, with access to successful investors selling their positions and strategies to aspiring traders. The fully automated service allows experienced traders to earn extra revenue, with various payout plans available.
Social Trading
No	No
Trade Signals
Yes
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$5	$30
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP	USD EUR GBP SEK PLN
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange Japan Exchange Group Nasdaq New York Stock Exchange SIX Swiss Exchange	Euronext SIX Swiss Exchange
Commodities
Gold Oil Palladium Platinum Precious Metals Silver	Gold Natural Gas Silver
CFD Trading
FXCC offers a narrow range of CFDs beyond forex with a limited selection of metals, energies, indices and cryptos. However, it stands out with its high leverage up to 1:500, which will serve experienced day traders looking to maximize their buying power while speculating on rising and falling prices.	BD Swiss offers CFDs on 250+ instruments through the MT4 and MT5 platforms or an in-house app - all of which deliver a superb day trading environment. The proprietary Webtrader, for example, offers over 50 indicators and studies, plus a Trend Analysis tool.
Leverage
1:500	1:30
FTSE Spread
Variable	1.0
GBPUSD Spread
1.0	1.7
Oil Spread
0.03	0.8
Stocks Spread
NA	0.1
Forex Trading
FXCC's key selling point is its forex trading conditions. ECN spreads come in as low as 0.0 pips during peak trading hours, while it supports a wider range of currency pairs than the majority of rivals with over 70 forex assets. Additionally, you have access to MT4, which was built specifically for forex trading and excels for its charting tools.	BDSwiss continues to offer an above-average selection of 50+ currency pairs with leverage up to 1:400 on major pairs. Typical spreads for EURUSD come in at a competitive 0.3 pips plus a $6 commission which is in line with our award-winner, Pepperstone.
Forex App
	The BDSwiss Online Forex Trading app, makes 250+ markets available for online trading on a fast, modern and user friendly platform. More features could be added, and the overall rating by users is a concern, though the service is responsive and reliable.
GBPUSD Spread
1.0	1.7
EURUSD Spread
0.2	1.2
EURGBP Spread
0.5	1.3
Assets
70+	50+
Cryptocurrency
FXCC offers 8 of the most popular cryptocurrencies, including Bitcoin, Ethereum and Litecoin. High leverage up to 1:10 is available on BTC and 1:5 on other cryptos. There are no restrictions on crypto day trading strategies with Expert Advisors (EAs) also permitted.	BD Swiss traders can access CFDs on 22 different cryptocurrencies paired with USD, while BTC and ETH can also be traded in pairs with GBP and EUR. The 26.57 BTCUSD spread is higher than the cheapest crypto brokers but there are zero commissions.
Spread
Variable	BTC from 1%
Coins
BTC BCH ETH LTC XMR ZEC DAS XRP	BTC ETH DASH EOS BCH ZCASH MON IOTA XRM NEO OMG ZEC XMR
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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