BDSwiss Review

BDSwiss, an international brokerage companyfounded in 2012, quickly embraced Markets and became one the most prominent trading groups.

  • Broker: BDSwiss

  • Leverage: 1:500

  • Regulation: FSC. FSA

  • Min. Deposit: 100 US$

  • HQ: Cyprus

  • Platforms: MT4, MT5, BDSwiss Webtrader, and App

  • Found In: 2012

BDSwiss Licences

  • BDS Markets (authorized by FSC (Mauritius), registration no. C116016172

  • BDS Ltd - Authorized by FSA (Seychelles), registration number. SD047

What is BDSwiss?

BDSwiss, an international brokerage companyfounded in 2012, quickly embraced Markets and became one the most prominent trading groups. The current client base of BDSwiss includes more than 1.5million registered clients from more than 186 countries . They also serve exclusive Member Club that has more than 1.5million traders.

The company was established in Switzerland. It has strong foundations and offers online trading services. There are offices in different regions, including Tirana, Albania, Tirana, Malaysia, Pristina, Kosovo, Tirana, Albania, Tirana, Tirana, Albania, and Tirana, Tirana, Albania. You can find more information in the BDSwiss Review section and summary section.

Overview

The current client base of BDSwiss includes more than 1.5million registered clients from more than 186 countries . They also serve exclusive Member Club that has more than 1.5million traders.

Pros

  • Worldwide coverage via entities in Mauritius and Seychelles

  • Large selection of Forex and CFD instruments

  • Trade technology that is powerful

  • You have the option of MT4, MT5, and Mobile App.

  • Fast account opening

  • Both for professionals and beginners

  • Customer support at its best

  • Support is not available 24/7

Cons

  • No US citizens currently accepted by the platform

Rating of the company overall

  • Reliability ⭐⭐⭐⭐⭐

  • Platform ⭐⭐⭐⭐⭐

  • Commissions ⭐⭐⭐⭐⭐

  • Support ⭐⭐⭐⭐⭐

  • Financial instruments ⭐⭐⭐⭐

RATING: 4.8

BDSwiss Overall Ranking

Based on our review, and Expert Opinion in Forex Trading (for Forex Trading), BDSwiss has a solid reputation as a trustworthy broker. They offer excellent trading conditions and a great technical trading platform. There are however some gaps in the operation due to international branches.

  • BDSwiss Overall Rating is 9 out 10 based upon our testing. Compare this to 500 other brokers. See Our Ranking below compared with other industry-leading brokers.

BDSwiss Alternative Brokers

The proposal is available to international traders and may be suitable for a wide range of traders. However, there are many Alternative Brokers that offer better regulatory status and more options like instruments and strategies. Our Ranking is a comparison to other popular Brokers.

Read detailed reviews of alternative brokers:

  • HFM - Excellent for currency trading

  • FP Markets - Great for CopyTrading

  • XM - Great for trading on MT4

Awards

BDSwiss has received not only positive reviews from the international trading community, but also many industry awards for its success and investment in trading technology. As we saw, there was a large number of proposals before BDSwiss' establishment. BDSwiss was recognized for its outstanding service and trading technology. Here are some awards:

  • BEST MOBILE TRADING PLATFORM EUROPE Global Banking & Finance Awards

  • BEST FX RESEARCH AND EDUCATION PROVIDER World Finance Awards

  • FxScouts Awards: BEST MARKET REsearch PROVIDER

Is BDSwiss a safe site or a fraud?

BDSwiss isn't a fraud, it is a broker that has been in business for many years and has a good reputation.

Is BDSwiss found where? Is BDSwiss a licensed broker?

BDSwiss has operation offices in the offshore areas Mauritius, and Seychelles. These offices are registered by the Mauritius Financial Services Commission. They allow the broker to provide its services to many residents around the world.

We recommend that you always check the regulations and not sign up with only offshore-registered brokers. (Read more about why we discourage trading with offshore brokers).

What can you do to be protected?

The Broker stated that security of funds is combined with client safety in multiple ways to ensure safe trading and investors' legal compliance. This includes segregation and participation to certain customer protection organisations. We recommend that you double-check the security layers if they are suitable for your personal situation.

Read our conclusion on BDSwiss reliability:

  • We have a 7-out-10 Ranked BDSwiss trust score. This is despite the company's good reputation and many years of successful operation. However, the gaps are covered by top-tier regulations and compensation schemes. BDSwiss is a well-established company with a strong reputation. We think it's worth looking into.

What leverage does BDSwiss offer you?

Leverage is a loan that a broker gives to a trader. It allows you to trade with a multiplied volume, which can increase your potential gains but also increases your risk. First, you need to learn how to use tools effectively. There are also regulatory restrictions and standards that determine the maximum level of leverage that can be used.

  • BDSwiss gives traders the option to trade with higher leverage. This allows them to have a greater exposure and a smaller capital requirement. Clients of BDSwiss can trade with a maximum leverage limit of 1:000 under FSA or FSC regulation.

For the best data verification and to verify your residual status with the official BDSwiss platform, make sure you check each instrument individually. The allowance can vary depending on the asset. Also, ensure that you use reasonable levels to protect yourself from legal risks.

Types of BDSwiss accounts

BDSwiss has three types of account: Classic, Vip, and Raw. These accounts are designed to meet the needs of different Forex traders. They can be either cheaper depending on trading size or offer more advanced services if they grow in size. Classic and Vip accounts are spread-only, while Raw accounts feature interbank spreads, commission charges per lot, and this gives you the flexibility to choose the account that suits your needs best. See the account comparison snapshot below.


  • BDSwiss offers a Premium account under its FSC-regulated entity BDS Markets.

  • We also found a StockPlus Account that is only available under the FSC entity. BDSwiss' StockPlus Account allows clients to create diversified portfolios with over 1000+ top-ranked stocks and ETFs. Clients can also use up to 1 to 5 leverage to trade stocks or ETFs at DMA.

You can choose your base currency when opening a trading account. There are three options: the Euro (EUR), the US Dollar ($), and the British Pounds (PS). This is a great option as you won't be charged for currency conversion. However, the account balance cannot fall below zero because of the negative balance protection.

Demo Account

BDSwiss also provides a Forex and CFD Demo Account. This allows new traders to test their trading skills with free Demo accounts that offer adjustable virtual balances up to 1,000,000EUR/$/PS. BDSwiss clients have the option to open any type account, including Classic, Raw and Premium (underFSC only), and Cent (underFSC ONLY), and then test the spreads, tools and conditions.

How do I open a trading account?

  1. Load BDSwiss Sign in page.

  2. Enter your personal data (Name, email, phone number, etc)

  3. To verify your account, upload the documents. This legal procedure is used to verify proof of residency, such as your utility bill or ID.

  4. Ask questions about your trading experience, and your expectations

  5. After your account has been activated, you will have access to your account area.

  6. The next step is to learn all the risks and benefits, before you can proceed with funding.

  7. You can trade almost immediately through the BDSwiss platforms.

Fees

BDSwiss trading fees mainly depend on spreads. For each underlying asset we will charge you the applicable spread. If you hold positions over the overnight , or margin requirement, the Full Final BDSwiss pricing, including funding fees, and an Administration fee for non use account, please see the table below.

  • BDSwiss fees are average and low, with an overall rating of 8 out 10. This is based on our testing. It has been compared to over 500 brokers. Fees may vary depending on the entity. However, most currency pairs have an average spread and additional fees such as funding fees and rollover fees.

Is there an inactivity fee for BDSwiss?

If account remains inactive for more than 6 months, Broker may charge an Inactivity Fee. Please review the conditions specific to each entity.

BDSwiss Spreads

BDSwiss Premium and VIP account fees are included in spreadspreads. Commissions for trades vary depending on the type of account you choose. Raw Account is for trader with larger trading volumes and prefer commissions. Raw accounts offer an interbank spread of 0.3 for EURUSD, and a commission per transaction that is 5$.

Below is a comparison of the most popular assets that are applicable to the BDSwiss Classic Account. The broker mentions that Classis spreads start at 1.5 pip and VIP features lower conditions starting at 1.1 pip. You can also compare BDSwiss fees with its peer BlackBull markets or other popular brokers below.

  • BDSwiss spreads are rated average with an overall rating of 8 out 10 based on our comparison with other brokers. Forex spread was found to be industry average for standard accounts. Conditions might be better for commission-based accounts than other brokers in the industry.

Trade Instruments

BDSwiss allows you to trade over 1000+ underlying assets. You can choose from Indices or Forex, Commodities, Commodities, Cryptocurrencies, and Options Trading. The type of account or BDSwiss entity that you use will determine the instrument range.

You can therefore choose the most liquid and well-known market that suits your trading needs. Use BDSwiss portal to make these choices. We should also admit that it is user-friendly.

  • BDSwiss Tool Selection Score is 8 of 10 for good trading instrument selection. However, selection of instruments might differ based on which platform you use and what entity of BDSwiss your sign with.

Can I trade Cryptocurrencies?

Yes, Cryptocurrencies can be traded using CFDs, as per the BDSwiss proposal. We also found very good spreads and costs for Crypto Trading. Check out our Snapshot on the Markets We Found:

Funding Methods

BDSwiss has a number of payment service providers, which covers a broad range of deposit methods within a country.

BDSwiss clients have the option to choose their preferred deposit method before funding trading accounts. All deposits are exempt from fees of $0 BDSwiss will accept introductory deposits and process withdrawals in the form instant transfers or bank transfers. However, please note that outgoing credit card payments can take up to seven days to process.

  • We rated BDSwiss Deposits & Withdrawals Excellent at 10/10 overall. The minimum deposit is low and the fees are very flexible depending on which funding method you choose.

Methods of deposit

These methods include a variety of payment options, but may differ depending on the country regulations and where you live. It is important to check this information with your support center.

  • Credit cards

  • bank transfer

  • Sofortuberweisung

  • Skrill and iDEal, as well as EPS, giropay and iDEal are some of the other options.

BDSwiss Minimum deposit

BDSwiss minimum account deposit is 100$. This is a great opportunity for many traders looking for a Classic account. BDSwiss also doesn't charge fees for credit card/electronic-wallet deposits.

Minimum deposit vs. other brokers

BDSwiss

All Other Brokers


Minimum Deposit

$100

$500

Withdrawals

BDSwiss offers a wide range of withdrawal options. The minimum withdrawal amount for most clients is $100. Withdrawals are processed without charge in most cases. However, if you wish to withdraw less than this amount, the broker might charge a 10$ processing fee.

What is the average time it takes to withdraw money from BDSwiss

The broker stated that it strives to provide withdrawal service within 24hrs, but this only applies to working business days. Weekends and holidays may cause it to take longer. We received withdrawals fairly quickly, but we recommend that you allow additional time for payment.

How can I withdraw money from BDSwiss

Log in to your Client Portal, and follow the instructions to submit a withdrawal request. This link outlines the steps.

Trade Platforms

BDSwiss's software solution is the MetaTrader4platform. This platform offers a wide range of trading features and a variety of solutions. MT4 is a well-known platform for intuitive trading, even though it may have some outdated layouts.

Traders can also enjoy many add-ons that make the trading process more enjoyable. There are many strategies available, as brokers don't impose any restrictions on news trading and other strategies.

There are many platform versions that work on different devices, so traders can use any device. This is a great advantage. This can be used on any device, including PCs, Macs, Applications and Web platforms that do not require installation. Below are some of our findings about the platform's advantages and disadvantages.

  • BDSwiss Platform were rated Excellent with an overall rating of 10, compared to over 500 brokers. This is a well-deserved ranking. The platform offers a wide range of platforms, including popular MT4 or MT5, and has also created its own platform with excellent research and tools.

Web Trading

Proprietary BDSwiss WebTrader can be accessed online. There are no downloads required and you can access trading from your browser. It offers a clear view, powerful analysis tools and a comprehensive overview. You can still make the most of WebTrader. See below for a trading snapshot.

Desktop Platform

Both MetaTrader4 or MetaTrader5 are compatible with various devices and , including Mac, Applications, and Web platform that does not require installation. You can still download the desktop version to access all of its capabilities, which is more important for professional traders.

MT5 is a more recent version that has gained popularity. It features advanced tools and extensive analysis options. This makes it a popular choice for professionals and beginners alike. offers a wide range of strategies that can be used by novice and experienced traders, both with manual trading and automated trading via EAs.

Mobile Trading Platform

BDSwiss also developed its mobile app, which is highly appreciated by traders and publications. You can access all the important features, including analysis, management and monitoring of open positions.

Support for customers of BDSwiss

Customer support is another great feature. BDSwiss multilingual customer support can be accessed for any service that the trader needs daily. It is also very professional and sustainable. We are happy with the quality of their service, even though they can be reached via Live Chat, Phone or email during working hours.

  • Based on our testing, Customer Service in XM has been rated Good with an overall rating of 8 out 10. Live Chat is very easy to access during working hours and provides quick answers. Support is helpful and knowledgeable.

Education

BDSwiss provides clients with the best support and assistance by providing trading academy . We found the educational resources useful and well-organized, covering everything you need to know about trading, how to trade, and how to develop your own strategy.

  • You will find educational materials from Forex Courses at Inn BDSwiss. These courses are categorized by level of expertise, Webinars, and Seminars.

  • Daily Webinars are a great way for traders to learn more about Forex, especially beginners. Access to market alerts, trading information, and analysis via Research & Analysis Section is also available. This section is a must-have for beginners.

The company also has an active blog, and a community of traders that allows users to share their experiences and gain better insight into the markets and trading.

Check out our Conclusion on Research and Education Service Quality

  • BDSwiss Education was rated 9 out of 10 based on our Expert research. BDSwiss offers outstanding education materials, including quality research and constant webinars. It also has quality materials covering a variety of topics. The Trading Academy is well-organized.


Research

BDSwiss provides great tools for research and helps traders to become better traders by providing unique materials. BDSwiss offers a wide range of tools, including Market Analysis, Economic Calendars and Quality Market Analysis. All clients have access to Authochartist and Trading Alerts.

  • BDSwiss also offers all Trading Central tools and Autochartistmarket analysis tools. Trading Central, a suite of trading tools, offers traders market insights through a combination AI indicators, automated pattern recognition and analyst research.

  • Another amazing and useful tool is the BDSwiss Research Portal- daily market analysis. This provides 24/5 market coverage as well as leading financial commentary through video briefs and other reports.

The level of detail in the research tool depends on the client portfolio and account types.alike VIP or Raw account holders will be able to benefit from deeper research materials, including exclusive webinars and performance stats, VIP trading alerts, and more.

BDSwiss Review Conclusion

A BDSwiss review concluded that we were able to grow our client base to more than a million. Stable trading conditions have been proven over time,also what was seen along the history BDSwiss development, with a global proposal suited for worldwide clients. The range of accounts and education offered is excellent, which we would rate as an outstanding plus for any trader.

BDSwiss may be a good fit for traders of different sizes, but it would be wise to review all regulations and determine if it is right for you. BDSwiss currently operates through International entities. You can also find our article on Islamic forex brokers.

Based upon our findings and Financial Expert Opinion by BDSwiss,

  • Starting traders

  • MT4 and the MT5 platforms are used by traders

  • Currency Trading and CFD Trading

  • Good Research Tools for Traders

  • Diverse Trading Strategies

  • Trading with high leverage