BDSwiss is one of the largest Financial Institutions for trading Forex, Commodities, Shares, Cryptocurrencies, and Indices. Meanwhile, the broker’s ever-growing statics, which include 1.5M+ active users and an average monthly trading volume of $84B+, look promising.
Over the years, BDSwiss has established itself as a leading broker, providing a wide range of trading instruments and tools to traders from all around the world. In this comprehensive BDSwiss Review 2023, we will delve into the features and services that make the broker stand out from its competitors.
From its user-friendly interface to its diverse range of assets, we will explore how this broker can help you achieve your financial goals. In this BDSwiss Review 2023, we will also examine the platform’s security and regulatory compliance to ensure that you can trade with confidence.
About BDSwiss – Broker’s Detailed Information
BDSwiss is a financial services company that offers online trading services for forex, commodities, stocks, and cryptocurrencies. The company was founded in 2012 and is headquartered in Seychelles.
The brokerage services are offered under BDSwiss Holding PLC, a company registered in Cyprus. The company’s headquarters are located in Seychelles, and it has additional offices in Germany and Mauritius.
With over 250 financial instruments available for trading, the broker provides its clients with a diverse range of profitable trading opportunities. The broker also offers CFD trading, allowing traders to speculate on the price movements of underlying assets without actually owning them.
With competitive spreads, low trading fees, and high-leverage options, BDSwiss ought to be a popular choice among traders looking for flexible and affordable trading options.
BDSwiss Review: Pros and Cons
| PROS | CONS |
|---|---|
| Secure and reliable trading environment | Limited research and analysis tools |
| A wide range of financial instruments available for trading | No social trading or copy trading features |
| Proprietary trading platform with advanced tools and features | |
| Competitive spreads and low trading fees | |
| High-leverage options available |
Is BDSwiss a Scam?
BDSwiss is a legit forex & CFD broker that has been operating since 2012 and is regulated by multiple authorities, including the Financial Services Authority (the “FSA,” license no. SD047) ) in Seychelles. In addition, they have a significant number of positive customer reviews online and a solid reputation in the industry. So, BDSwiss is not a scam.
Meanwhile, the broker’s subsidiary – BDSwiss GmbH, is Ba-Fin registered tied agent in Germany. Its Markets are authorized by FFSC and regulated as Investment Dealer (License No. C116016172)
BDSwiss Accounts Types Reviewed
BDSwiss offers various account types to cater to the diverse needs of its clients. Through this detailed BDSwiss Review 2023, take a close overview of the different account types offered:
- Classic Account: This is the standard account type available on the platform. It requires a minimum deposit of $10 and offers a range of trading instruments, including Forex, CFDs, and cryptocurrencies. Basic account holders get access to educational resources, trading signals, and a personal account manager.
- Premium Account: This account type is designed for high-net-worth individuals and professional traders. It requires a minimum deposit of $100 and offers premium features such as priority customer support, custom trading solutions, and access to exclusive events.
- VIP Account: The account requires a minimum deposit of $500 and comes with additional features like reduced spreads, zero commission and access to a free demo account anytime.
- Raw Spread Account: This account type is designed for traders who prefer to trade with zero spreads and low trading commissions. It requires a minimum deposit of $500 and offers spreads starting from 0.0 pips.
BDSwiss Account Opening Process: A Guide For New Users
Here’s a step-by-step guide on how to open an account with BDSwiss:
- Step 1: Visit the official site.
- Step 2:Click on the trading option for creating your account.
- Step 3: Register yourself by entering the required information, including personal information, trading experience, and mobile numbers.
- Step 4: You can deposit money in your account using the available payment methods.
- Step 5: Once your account has been authenticated, you can sign in again using the BDSwiss login credentials.
You can contact customer care support by live chat or email for any information or queries concerning account opening. The helpdesk management hires highly qualified customer service personnel who can interact in various languages for the clients’ comfort.
BDSwiss Trading Platforms & Specifications
The broker provides its clients with a variety of trading platforms to cater to different trading styles and preferences. Here’s a more detailed overview of the trading platforms offered:
MetaTrader 4 (MT4)
The broker offers the MT4 platform for desktop, web, and mobile devices. The platform provides advanced charting tools, real-time quotes, and over 50 built-in technical indicators. Traders can also use expert advisors (EAs) to automate their trading strategies.
MetaTrader 5 (MT5):
It also offers the MT5 platform for desktop and mobile devices. The platform provides advanced technical analysis tools, depth of market (DOM) access, and a wider range of trading instruments. MT5 also offers a hedging option, which allows traders to open opposite positions on the same currency pair.
BDSwiss WebTrader
It is a web-based trading platform that allows traders to access their trading accounts from any device with an internet connection. The platform provides a user-friendly interface, advanced charting tools, and the ability to use automated trading strategies. WebTrader also offers a social trading feature where traders can copy the trades of other successful traders.
BDSwiss App
The broker also offers a dedicated mobile trading app that is available for iOS and Android devices. The app allows traders to access their trading accounts, monitor their trades, and place trades on the go. The app provides advanced charting tools, real-time quotes, and push notifications for price alerts.
Overall, our findings from BDSwiss Review 2023 revealed the available trading platforms are worthy for both beginner & professional traders.
BDSwiss Review: Trading Instruments
The broker deals in 5 different types of trading instruments, including Forex, Commodities, Shares, Indices, and Cryptocurrencies. With BDSwiss, you can trade in the global market easily. If you wish to manifold your portfolio by investing in various assets, BDSwiss will be a suitable fit for you.
Traders often invest in one instrument to diversify their portfolios while expanding into several platforms. Manifolding a portfolio by investing in a variety of assets related to a particular industry has shown to be a more effective technique.
Here, we’ll go over the intricacies of the broker’s numerous trading options through our detailed BDSwiss Review 2023:
Forex
The platform allows you to trade the price direction of over 50 major, minor, and exotic pairs with spreads as little as 0.0. With BDSwiss’ award-winning platforms, you can BUY or SELL FX CFDs such as the EUR/USD from 0.01 lots in lower than 0.01s. Use our flexible leverage*, leading research, and advanced analysis tools to your advantage.
Commodities
Start trading the price movements of the world’s famous commodities against major currencies, such as oil, gas, and noble metals. Commodities are a decisive driver in global markets, yet they can be a highly volatile asset class utilized to diversify traders’ portfolios.
With BDSwiss’ adjustable leverage, ultra-low commissions, and lightning-fast execution rates, you can trade long or short on both rising and falling prices. To gain access to our award-winning platforms, professional charting tools, cutting-edge market information, and more create an account.
Stocks
Start trading CFDs on Amazon, Meta Platforms, Inc., Apple, Microsoft, and Alphabet, among the world’s most recognizable businesses. In addition, BDSwiss provides access to hundreds of prominent stock CFDs from the world’s largest exchanges, allowing traders to trade with 0.01 lots in a secure and multi-regulated environment.
Indices
Trading indices CFDs allow you to trade on price changes in the world’s biggest financial markets without having to analyze individual company performance.
Start trading CFDs on the world’s most popular indexes. You can buy or sell indices CFDs with variable leverage*, ultra-low commissions, and lightning-fast execution.
Cryptocurrencies
Cryptocurrencies, often known as digital currencies, have changed the way people do business. These are extremely volatile, distributed, and used to diversify portfolios. CFDs are used for trading the price movements of the world’s most popular cryptocurrencies, such as Bitcoin, Litecoin, Ripple, and Ethereum.
On both increasing and falling prices, you can go long or short. The broker offers mobile, online, and desktop platforms for crypto trading, allowing you to take advantage of adjustable leverage*, ultra-low spreads, and lightning-fast execution times.
BDSwiss Fees, Spreads & Commissions
BDSwiss trading costs vary on account type and market transacted, some markets being commission-free and others being commission-based. Here’s a detailed fee structure:
- Classic Account – 1.5 Pips
- Premium Account – 1.1 Pips
- VIP Account – 1.1 Pips
- Raw Spread Account – 0.00 Pips
Apart from spread charges, there is an inactivity fee; if no trading activity occurs for 90 days. Inactive accounts are taxed 10% of their account balance every month, with a minimum fee of €25 or the trading account currency equivalent and a maximum charge of €49.90 until the account balance reaches €0.
BDSwiss Maximum Leverage & Margin Requirement Info
The BDSwiss maximum leverage and margin requirements vary depending on the financial instrument being traded, as well as the account type being used by the trader.
Here are some general guidelines for the maximum leverage and margin requirements:
Forex
- Maximum leverage: up to 1:500
- Margin requirement: from 0.25% to 1% depending on the currency pair and account type
Commodities
- Maximum leverage: up to 1:200
- Margin requirement: from 0.5% to 2%, depending on the commodity and account type
Stocks
- Maximum leverage: up to 1:20
- Margin requirement: from 5% to 20%, depending on the stock and account type
Cryptocurrencies
- Maximum leverage: up to 1:5
- Margin requirement: from 20% to 50%, depending on the cryptocurrency and account type
BDSwiss Deposits and Withdrawal
You can make deposits and start trading straight away after your account has been registered. Here’s a list of BDSwiss deposit methods, alongside withdrawal options:
- Bank Transfers
- Visa
- MasterCard
- Vpay
BDSwiss Withdrawal and Deposit Review
You can easily deposit money in your account directly by choosing the payment method and clicking ‘Proceed to Pay.’ And, Only after all other payment choices have been returned can profits be withdrawn by Bank Wire.
During our research for BDSwiss Review 2023, we found that the broker has a policy of first withdrawing credit/debit card deposits to the card in question before refunding to any other method, even if other ways were utilized for funding.
BDSwiss Review: Educational and Research Support
The broker provides a vast range of market information and resources, such as Daily Market and Technical Analysis, Weekly Outlook, Economic Calendar, and more.
An economic calendar, which clients can use to keep track of current and future financial events, trading alerts delivered via Telegram by BDSwiss analysts (for VIP clients only), currency heat maps, and a variety of trading calculators, including margin, pip/point value, swap, and currency converter, are among the additional research tools available.
The research is updated regularly and is available in various formats, including essays and videos. The content is of excellent quality, and it comes from BDSwiss’ research and trading team, which has been highlighted in prestigious publications throughout the world.
Customer Support Of BDSwiss
The BDSwiss support desk is open 24 hours a day, seven days a week. In addition, traders can reach out to customer support representatives by live chat, phone number, email, or a contact form.
In addition, the brokerage provides multilingual service in over 25 different languages for the convenience of its clients. If you have any queries concerning the trading platform, account opening, or anything else, you can contact the team; the agent will usually react in less than a minute.
- Registered Address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles.
- Support Email: [email protected]
BDSwiss Review: Final Verdict
After analyzing the BDSwiss review 2023, we can conclude it is a reliable and well-regulated broker with competitive trading conditions and a range of trading instruments to suit the needs of different types of traders.
However, traders should be aware of the lack of phone support, which may be a downside for traders who prefer to speak directly with customer support representatives.
In that case, we recommend you test out a more reliable Forex and CFD broker like InvestFW or TradeEU.
FAQs
Is BDSwiss Regulated?
It is authorized and regulated by the Financial Services Authority (the “FSA,” License no. SD047)
What Country is BDSwiss from?
It is a financial services company that is headquartered in Seychelles.
How Do I Withdraw My Money from BDSwiss Account?
To withdraw money, log in to your account, go to the Withdrawal section, select your preferred payment method, fill in the withdrawal amount and submit your request. The exact steps may vary depending on the payment method and account type.
Is BDSwiss a Trusted Broker?
It is a well-regulated broker that is authorized and licensed by reputable financial authorities such as CySEC and FSC.
What is the Minimum Withdrawal from BDSwiss?
The minimum withdrawal amount depends on the payment method you choose. Generally, the minimum withdrawal amount for most payment methods is $10, equivalent to
What Is the Minimum Deposit for BDSwiss?
The minimum deposit requirement for opening an account on BDSwiss is $100.
Can You Withdraw Money From BDSwiss?
Yes, traders can withdraw money from their BDSwiss account by following the withdrawal process and selecting their preferred withdrawal method. However, there may be minimum withdrawal requirements and withdrawal fees associated with certain payment methods.
What Are Some Common BDSwiss Withdrawal Problems Experienced by Traders?
Some common withdrawal problems experienced by traders include delays in processing, account verification issues, withdrawal limits, and withdrawal fees.
What Is Your BDSwiss Withdrawal Review?
The broker appears to have a reliable withdrawal process with multiple payment options, though traders may experience delays or fees depending on the payment method they choose.
Who is the Owner of BDSwiss?
The owner of the brokerage is BDSwiss Holding LTD, which is a registered firm in Cyprus.
Can I Use BDSwiss in the USA?
No, the service is not available for residents of the United States due to regulatory restrictions.
Does BDSwiss Work in India?
Yes, it accepts traders from India and offers trading services in India. However, traders should be aware that local regulations may apply and may affect their ability to trade certain instruments or use specific payment methods.
Is BDSwiss Available in India?
Yes, it accepts traders from India and offers trading services in India. However, traders should be aware that local regulations may apply and may affect their ability to trade certain instruments or use specific payment methods.
Be the first to leave a review.
