BigBoss and XM are both popular overseas forex brokers among Japanese traders. Compare their specifications, costs, and support to choose the broker that's right for you
### Basic Specifications Comparison
| Item | BigBoss | XM |
|——|———|—–|
| Maximum Leverage | 2,222x (Deluxe Account) | 1,000x |
| Financial License | SVGIBC / MISA / FINTRAC / Georgia FIZ | CySEC / ASIC / IFSC / DFSA |
| Trading Tools | MT4 / MT5 | MT4 / MT5 |
| Zero Cut | Implemented | Implemented |
| Japanese Support | Available | Available (24 hours) |
| Products | FX / Precious Metals / Energy / Stock Indices / Cryptocurrency CFD / Cryptocurrency Spot | FX / Precious Metals / Energy / Stock CFD / Cryptocurrency |
### Spread and Cost Comparison
| Comparison Items | BigBoss (Standard) | BigBoss (ProSpread) | XM (Standard) | XM (KIWAMI) |
|———|——————-|———————|—————|
| USD/JPY | 1.5 pips | 0.7 pips + commission | 1.6 pips | 0.7 pips |
| EUR/USD | 1.4 pips | 0.4 pips + commission | 1.7 pips | 0.6 pips |
| Trading Commission | Free | 4.5 USD/lot (one way) | Free | Free |
In terms of cost, XM's KIWAMI account is advantageous due to its commission-free trading and low spreads. BigBoss differentiates itself with its high leverage and generous bonuses
### Account Type Comparison
**BigBoss Account Types**
| Account Type | Features |
|———–|——|
| Deluxe Account | Up to 2,222x leverage, 2.5 USD one-way commission, enhanced items |
| Standard Account | Commission-free, for general use |
| ProSpread Account | Commission-based, low spreads, FX currency pairs only |
| CRYPTOS Account | Cryptocurrency spot trading |
**XM Account Types**
| Account Type | Features |
|———–|——|
| Standard Account | Commission-free, for general users |
| Micro Account | For small-amount trading |
| KIWAMI Extreme Account | Low spreads, swap-free, commission-free |
| Zero Account | Commission-based, extremely narrow spreads |
### Bonus Comparison
| Bonus Type | BigBoss | XM |
|————|———|—–|
| Account Opening Bonus | 15,000 yen | 13,000 yen |
| Deposit Bonus | 100% (up to $13,700) | 100% (up to $500) + 20% (up to $10,000) |
| Trading Bonus | 4 USD per lot | XM Points (depending on trading volume) |
### BigBoss is recommended for:
– Those who prioritize **up to 2,222x leverage**
– Those who prioritize **generous bonuses** (¥15,000 for account opening + 100% deposit bonus + trading bonus)
– Those who prioritize **high cashback**
– Those who want to trade **cryptocurrency spot** with the same broker as their FX broker
### XM is recommended for
: – Those who are attracted to the low spreads, swap-free, and commission-free features of the **KIWAMI account**
– Those who value the security of a long operating history (established in 2009) and a top-tier license (CySEC/ASIC)
– Those who need **24-hour Japanese support**
– Those who want to trade a wide range of products, including **stock CFDs**
### Both options are eligible for cashback if accessed via Moneychat
If you open an account through MoneyChat, you can receive cashback from both BigBoss and XM. Whichever broker you choose, you'll get a portion of your trading costs reimbursed, making it a great deal
### summary
| Key Features | Recommended Broker |
|—————-|———–|
| High Leverage (2,222x) | BigBoss |
| Low Cost (No Commission + Low Spread) | XM (KIWAMI Extreme Account) |
| Total Bonus Amount | BigBoss |
| License & Reliability | XM |
| Cryptocurrency Spot Trading | BigBoss (CRYPTOS Account) |
Both are excellent overseas forex brokers, but the best choice depends on what you prioritize. **Opening accounts with both through MoneyChat and comparing them in person is one approach.**
**Risk Warning**: Forex trading involves risks. Please invest only with funds you can afford to lose
