FXCM vs BDSwiss
FXCM Review 2023 | BDSwiss Review 2023 |
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3.5
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3.8
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FXCM is a respected forex and CFD broker, established since 1999. The British-headquartered broker has won multiple awards and operates in various jurisdictions, including the UK and Australia. With zero commissions, over 400 assets, and a range of analysis tools, FXCM is a popular choice. The broker is also FCA regulated and authorized in Australia and South Africa. |
BDSwiss offer 250+ shares, indices, forex, commodities and cryptocurrencies via CFDs. With spreads from zero pips and an award winning app, they offer a great package. Over 1.5 million traders from more than 180 countries have opened an account with BDSwiss since it launched. |
Comment by Reviewer | |
"FXCM is a top pick for traders deploying automated trading strategies, with four powerful platforms, strategy backtesting and algo trading through APIs. The broker is also great for active traders, with discounted spreads and low to zero commissions on popular assets." | "BDSwiss will suit traders of all experience levels but active traders in particular can benefit from fast execution speeds, tight spreads and powerful trading software." |
Pros | |
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Cons | |
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Instruments | |
Stocks, Spreadbetting, CFD, Forex, Crypto | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$50 | $100 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
Variable | 0.01 Lots |
Regulator | |
FCA, CySEC, ASIC. | FSC, FSA |
Margin Trading | |
Yes | No |
STP Account | |
No | No |
ECN Account | |
No | Yes |
DMA Account | |
No | No |
MAM Account | |
Yes | Yes |
PAMM Account | |
No | 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 | |
Yes | No |
P2P Trading | |
No | No |
Spot Trading | |
No | Yes |
Mobile Apps | |
iOS and Android | iOS and Android |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
FXCM offers social and copy trading on forex, CFDs and cryptos through the hugely popular ZuluTrade platform. The sign-up process is quick and you can track your performance in real-time. | Forex copy trading is available with access to successful investors selling their positions and strategies to aspiring traders. The fully automated service makes it easy to find and follow experienced traders. |
Social Trading | |
Yes | No |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$30 | |
Islamic Account | |
No | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
Trade a range of CFD instruments on one of FXCM's multi-asset platforms with fast execution and zero/positive slippage. Daily market analysis can also be used to inform trading decisions. | BD Swiss offers CFDs on 250+ instruments, including forex, stocks, indices and cryptocurrencies through the MT4 and MT5 platforms or an in-house app. High leverage of up to 1:400 is available depending on asset, and the broker offers reliable 24/5 support. |
Leverage | |
1:30 | 1:30 |
FTSE Spread | |
1.18 pts var* | 1.0 |
GBPUSD Spread | |
0.5 pips* | 1.7 |
Oil Spread | |
0.05 (var)* | 0.8 |
Stocks Spread | |
0.2% Var* | 0.1 |
Forex Trading | |
Access over 40 currency pairs with no commissions and low spreads from 0.78 pips for EUR/USD. Forex can also be traded 24/5 on a choice of reliable platforms. | BDSwiss offers online trading on 50+ currency pairs with ultra-tight spreads from 0.0 pips on RAW accounts. Leverage is variable with a maximum of 1:400 on major pairs. Micro 0.01 lots are also available. |
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. |
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GBPUSD Spread | |
0.5 pips var* | 1.7 |
EURUSD Spread | |
0.2 pips var* | 1.2 |
EURGBP Spread | |
0.5 pips var* | 1.3 |
Assets | |
40 | 50+ |
Currency Indices | |
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Cryptocurrency | |
Trade some of world's most popular digital coins with zero commission and leverage up to 1:4. FXCM also stands out for its crypto major basket which offers exposure to Bitcoin, Ethereum, Litecoin and Bitcoin Cash in one trade. | 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. Crypto fees are competitive with no hidden charges. |
Spread | |
Variable | BTC from 1% |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
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More Comparisons | |
FXCM vs |
BDSwiss vs |