BDSwiss vs xChief Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of BDSwiss and xChief
| Broker | BDSwiss | xChief |
|---|---|---|
| Rating | 3.9/5 | 4.1/5 |
| Foundation Year | 2011 | 2014 |
| Regulated in Countries | Seychelles, Mauritius, South Africa | Comoros |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | BDSwiss Review | xChief Review |
Thanks to various assets and educational resources, BDSwiss is suitable for all traders, from beginners to professionals.
xChief is suitable for traders looking for a wide range of trading instruments and low spreads. However, the broker is not suitable for those seeking a strong analytical section and educational courses
BDSwiss Review
BDSwiss is an attractive broker offering a variety of trading assets, intuitive trading platforms, and a wide range of analytical and educational materials.
This broker is suitable for different types of traders, from beginners to experienced professionals, thanks to the variety of services offered and a personalized approach to each client.
Pros and Cons of BDSwiss
Pros
- Diversity of trading platforms.
- Extensive analytical and educational materials.
- A variety of deposit and withdrawal methods without commissions.
Cons
- Spreads and swaps are higher than the market average.
- Some trading asset classes are missing.
- There are no passive investing accounts.
xChief Review
xChief offers traders a variety of opportunities and services for successful trading in the Forex market. With a wide selection of trading instruments, reliable trading platforms, contests, and educational materials, the broker creates conditions for developing traders of all experience levels.
Pros and Cons of xChief
Pros
- A wide range of trading instruments.
- Availability of cent and PAMM accounts.
- Tight spreads and low commission per transaction.
- Scalping and algorithmic trading allowed.
Cons
- Regulation in an offshore jurisdiction.
- Weak analytical section.
- No educational courses and webinars for beginner traders.
xChief is in the top 10 of the following ratings:
Reliability
| Broker | BDSwiss | xChief |
|---|---|---|
| Reliability | 4/5 | 3/5 |
| Foundation Year | 2011 | 2014 |
| Regulated in Countries | Seychelles, Mauritius, South Africa | Comoros |
| Regulators | SFSA SFSA MISA MISA FSC FSC FSCA FSCA | MISA MISA |
BDSwiss
Broker BDSwiss demonstrates high reliability due to international regulation.
Pros
- Regulated by different bodies.
Cons
- Lacks regulation by stricter authorities such as FCA, ASIC, or CFTC
xChief
ForexChief is of medium credibility, having a license from a body in an offshore jurisdiction.
Account Opening
| Broker | BDSwiss | xChief |
|---|---|---|
| Account Opening | 4.3/5 | 5/5 |
| Minimum Deposit |
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BDSwiss
The account opening process at BDSwiss is detailed and secure, although it can be time-consuming.
xChief
Opening an account with Forex Chief is simple and fast thanks to a clear registration and verification process.
Account Types
| Broker | BDSwiss | xChief |
|---|---|---|
| Account Types | 3.8/5 | 5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
BDSwiss
BDSwiss offers a basic set of accounts that meet the needs of most traders.
xChief
Forex Chief offers a variety of account types, satisfying the needs of different traders, from beginners to professionals.
Pros
- Wide selection of accounts: DirectFX, Classic+, cent, and Islamic.
- Demo accounts are available for novice traders.
- Investment accounts available: PAMM accounts and copy trading.
Commissions
| Broker | BDSwiss | xChief |
|---|---|---|
| Commissions | 2/5 | 4.2/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.3 | 0.7 |
| Commission per Lot | $3 | $2.5 |
BDSwiss
BDSwiss' commissions are above average.
Pros
- No deposit/withdrawal fees.
Cons
- High spreads and swaps on the standard account.
- Inactivity fee for the account.
xChief
Forex Chief offers attractive commissions and tight spreads, although swaps are average for the market. Rebates add extra benefits for active traders.
Pros
- Low commission per trade.
- Tight spreads.
- No inactivity fees and no withdrawal fees.
Cons
- High swaps.
Deposit and Withdrawal
| Broker | BDSwiss | xChief |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Account Funding Methods |
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BDSwiss
BDSwiss offers convenient and diverse methods for depositing and withdrawing funds without fees, ensuring high accessibility and flexibility.
xChief
ForexChief offers a wide range of deposit and withdrawal methods without any fees on their part, with fast processing of requests.
Markets and Products
| Broker | BDSwiss | xChief |
|---|---|---|
| Markets and Products | 4/5 | 4/5 |
| Forex | 51 | 39 |
| Precious Metals | 4 | 2 |
| Energy Carriers | 2 | 3 |
| Indices | 11 | 10 |
| Stocks | 128 | 100 |
| Cryptocurrency | 26 | 5 |
BDSwiss
BDSwiss offers a wide selection of assets and high leverage, making it suitable for various trading strategies, despite some limitations.
xChief
Forex Chief offers a respectable variety of trading instruments.
Pros
- Wide range of currency pairs and CFDs.
- Access to cryptocurrency trading.
- Flexible margin requirements.
Cons
- Lack of soft commodities.
- Limited number of stock CFDs.
Trading Platforms
| Broker | BDSwiss | xChief |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
| Trading Platforms |
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BDSwiss
BDSwiss trading platforms provide a diverse, functional, and flexible trading experience.
Pros
- Availability of popular platforms MT4 and MT5.
- Proprietary web platform with an intuitive interface.
- Ability to trade from various devices.
Cons
- Some traders may seek even more platform diversity.
xChief
Forex Chief offers widely used and functional MT4 and MT5 platforms, providing convenience and accessibility for traders.
Pros
- Use of popular and proven MT4 and MT5 platforms.
- Availability of platforms on various OS (Windows, iOS, Android).
Cons
- Lack of proprietary unique platform.
- Limited selection of platforms compared to some competitors.
Analytics
| Broker | BDSwiss | xChief |
|---|---|---|
| Rating | 5/5 | 3/5 |
BDSwiss
BDSwiss analytics includes a variety of tools and up-to-date data, providing deep market analysis.
Pros
- Extensive set of analytical materials and tools.
- Daily updates of market analysis and trading ideas.
- Personalized trading signals for Raw and VIP clients.
xChief
ForexChief offers basic analytical tools, but they are generally insufficient for serious trading.
Pros
- Current central bank interest rates.
- Convenient trader's calculator.
Cons
- Outdated economic articles.
- Insufficient variety of analytical tools.
Education
| Broker | BDSwiss | xChief |
|---|---|---|
| Rating | 5/5 | 3/5 |
BDSwiss
BDSwiss offers extensive and high-quality educational resources, supporting the development of traders at various levels.
xChief
ForexChief's educational materials cover the basics, but do not offer in-depth training.
Pros
- Wide range of article topics for beginners.
- Various trading strategies and indicators are presented.
Cons
- Lack of more advanced materials.
- No video tutorials or webinars.
Customer Support
| Broker | BDSwiss | xChief |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
Twitter
LinkedIn
Instagram
YouTube
TelegramBDSwiss
BDSwiss provides efficient and fast support in 22 languages, but the lack of Russian may pose difficulties for some users.
xChief
ForexChief support is well-organized and easily accessible, but has limited operating hours.
