Two multi-regulated brokers clash over regulation depth, costs, and platform options. The outcome hinges on whether broader regulation and education trump platform versatility.
Find out which broker best suits your trader profile.
Choose if…
Choose BDSwiss if you want MT4/MT5 with a proprietary WebTrader and raw Prime ECN spreads at $6/lot.
Choose if…
Choose FXTM if you want top-tier regulation (FCA/ASIC) and strong education plus FXTM Invest copy trading.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 3.9/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.1 / 5 | 4.2 / 5▲ |
Pros
$10 minimum deposit (Classic account) - lowest among CySEC-regulated MT4/MT5 brokers
CySEC (199/13) regulation with ICF compensation scheme for EU clients
MT4, MT5, and proprietary WebTrader
Prime ECN account: raw 0.0 pip spreads at $6/lot commission
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | BDSwiss | FXTM |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
The scores are close: BDSwiss rates 3.9/5 and FXTM rates 4.2/5. FXTM has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
BDSwiss starts from 0 pips, tighter than FXTM's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Both BDSwiss and FXTM require a minimum deposit of $10 to open a live trading account.
Both BDSwiss and FXTM hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
BDSwiss lists maximum leverage of 30:1, while FXTM lists up to 1000:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
BDSwiss charges $6 per lot on commission-based accounts. Commission details for FXTM are not currently available. Check their website for up-to-date pricing.
BDSwiss supports Proprietary Web/Mobile, MetaTrader 4, MetaTrader 5, while FXTM supports MetaTrader 4, MetaTrader 5. Both provide MetaTrader 4 and MetaTrader 5. BDSwiss has exclusive access to Proprietary Web/Mobile.
BDSwiss offers tighter spreads from 0.00 pips vs 1.50 pips for FXTM, reducing trading costs.
FXTM earns safety & regulation due to FCA/ASIC oversight and broader regulator coverage.
BDSwiss is best for active traders with raw 0.0 pip spreads and ECN-style pricing.
BDSwiss is better suited for scalpers: tighter spreads from 0.00 pips.
BDSwiss wins platform choice with MT4, MT5, and its proprietary WebTrader.
FXTM leads beginners with extensive education, webinars, and market analysis.
Fees & Spreads 30% weight | 3.9 / 5 | 3.9 / 5 |
|---|
Platforms & Tools 20% weight | 3.8 / 5 | 4.0 / 5▲ |
|---|
Customer Support 10% weight | 4.0 / 5 | 4.3 / 5▲ |
|---|
| Founded | 2012 | 2011 |
|---|
| Headquarters | Limassol, Cyprus | Limassol, Cyprus |
|---|
| Min Deposit | $10 | $10 |
|---|
| Spreads From | 0 pips▼ lower | 1.5 pips |
|---|
| Commission / lot | $6/lot | N/A |
|---|
| 0.6 pips | N/A |
| Max Leverage | 30:1▲ higher | 1,000:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardSkrillNetellerFasaPay |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardSkrillNetellerFasaPay |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | CySEC FSA Seychelles FSC | CySEC FSCA FCA FSC |
|---|
| Platforms | Proprietary Web/Mobile MetaTrader 4 MetaTrader 5 | MetaTrader 4 MetaTrader 5 |
|---|
| Active bonuses |
|---|
Negative balance protection
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
Low $10 minimum deposit on Micro accounts
Strong copy trading via FXTM Invest platform
Extensive education, webinars, video courses, and market analysis
Multilingual support in 20+ languages
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Cons
Classic account spreads (1.5-2.0 pips EUR/USD) wide for active traders
$1,000 minimum on the Prime ECN account
No cTrader or TradingView integration
Research tools are basic
Cons
Standard account spreads are not ECN-competitive
Platform choice limited to MT4 and MT5
Mauritius FSC entity offers less investor protection than FCA/CySEC
No proprietary platform
Limited charting capabilities
FXTM leads with an editorial score of 4.2 versus BDSwiss's 3.9. This gap reflects FXTM's broader regulation coverage and education resources.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
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