BDSwiss Review
💲 Min Deposit $10
⌛ Year Established 2012
💼 Regulation
💡 Min Position 0.01 lot
🌐 Website global.bdswiss.com
🌎 Country
⚖ Max Leverage 1:2000
📁 Segregated accounts
📖 Free education
Negative balance protection
Education
Copy trading
Webinar
👨💻 PAMM
🗺 Vps
BDSwiss is a well-established broker since 2012. BDSwiss has offices in several countries. This broker is currently regulated by FSC Mauritius with license No. C116016172, FSA Seychelles with license No. SD047, FSCA South Africa with license No. 49479 and MISA Mwali with license No. T2023244.
As mentioned above, BDSwiss holds licenses with various regulatory bodies, to protect its global and diverse clientele.
Account Information
Apart from the forex demo account, this broker offers Zero-Spread, VIP, Classic and Cent. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by BDSwiss is up to 1: 2000. Meanwhile, you can open an account with a starting capital of $10.
To simplify the trading process, the firm provides their clients with 4 types of trading account:
- Cent: Before you can participate in live trading, you need to place a minimum deposit of $10 and a minimal trade of 0.01 lot. The Cent account offers Autochartist tools, variable spreads on major currency pairs, one click trading, browser-based platform, Trading Central and Swap-free accounts. You can also manage risk with trailing stop losses and pending orders. If you decide to hold a position overnight, you may be charged overnight interest rates (swaps).
- Classic: The Classic account requires a minimum deposit of $10 and a minimum lot size of 0.1. Besides allowing scalping and hedging, this type also offers trailing stops, pending orders, one-click trading and a browser-based platform. One more reason to create a Classic account includes the large asset variety of 250+ CFD assets compared to the Cent account which consists of 70+ CFD assets.
- VIP: BDSwiss offers a VIP account type for all clients with a minimum deposit requirement of $250. Traders can benefit from lower spreads, one-click trading while this account type includes a personal account manager.
- Zero-Spread: Through this account type, BDSwiss clients can benefit from spreads starting from 0.0 pips, autochartist performance stats as well as a personal account manager. The minimum deposit requirement of this account type is $100.
Min Deposit
$10
Max Leverage
1:2000
Spread
Variable
Commission
$0
If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:
💲 Min Deposit $100
💡 Min Position 0.01 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission $6
Fees
Different account types offer varying average spreads:
- Cent Account: The online broker takes its fee from spreads, which start from 1.6 pips, with commissions of $2 on indices and 0.15% on shares. Average live spreads on major forex pairs, such as EUR/USD carries an average spread of 1.6 pips.
- Classic Account: Average spreads on Classic Account are around 1.3 pips, with commissions of $2 indices and 0.15% on shares.
- VIP Account: A reduction to an average of 1.0 pips in the VIP account is combined with lower commissions; only charged on shares at 0.15%
Swap rates on overnight leveraged positions apply. Corporate actions such as dividends and mergers will impact equity and index CFDs. One of the main drawbacks to trade with BDSwiss is an inactivity fee of $30 of the account balance that will be charged after 90 days of account inactivity.
Instruments Traded
Besides lots of currency pairs CFDs, BDSwiss offers other CFDs you would like to trade on, such as Commodity CFDs, Crypto CFDs and many more. It is important to remember that different instruments have different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Forex
1:2000
Crypto
1:5
Indices
1:200
Commodities
1:200
💲 Min Deposit $250
💡 Min Position 0.01 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
💱 Hedging
🕛 Overnight interest rates (swaps)
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
💸 Commission $0
Fees
Different account types offer varying average spreads:
- Cent Account: The online broker takes its fee from spreads, which start from 1.6 pips, with commissions of $2 on indices and 0.15% on shares. Average live spreads on major forex pairs, such as EUR/USD carries an average spread of 1.6 pips.
- Classic Account: Average spreads on Classic Account are around 1.3 pips, with commissions of $2 indices and 0.15% on shares.
- VIP Account: A reduction to an average of 1.0 pips in the VIP account is combined with lower commissions; only charged on shares at 0.15%
Swap rates on overnight leveraged positions apply. Corporate actions such as dividends and mergers will impact equity and index CFDs. One of the main drawbacks to trade with BDSwiss is an inactivity fee of $30 of the account balance that will be charged after 90 days of account inactivity.
Instruments Traded
Besides lots of currency pairs CFDs, BDSwiss offers other CFDs you would like to trade on, such as Commodity CFDs, Crypto CFDs and many more. It is important to remember that different instruments have different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Forex
1:2000
Crypto
1:5
Indices
1:200
Commodities
1:200
💲 Min Deposit $10
💡 Min Position 0.1 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission $0
Fees
Different account types offer varying average spreads:
- Cent Account: The online broker takes its fee from spreads, which start from 1.6 pips, with commissions of $2 on indices and 0.15% on shares. Average live spreads on major forex pairs, such as EUR/USD carries an average spread of 1.6 pips.
- Classic Account: Average spreads on Classic Account are around 1.3 pips, with commissions of $2 indices and 0.15% on shares.
- VIP Account: A reduction to an average of 1.0 pips in the VIP account is combined with lower commissions; only charged on shares at 0.15%
Swap rates on overnight leveraged positions apply. Corporate actions such as dividends and mergers will impact equity and index CFDs. One of the main drawbacks to trade with BDSwiss is an inactivity fee of $30 of the account balance that will be charged after 90 days of account inactivity.
Instruments Traded
Besides lots of currency pairs CFDs, BDSwiss offers other CFDs you would like to trade on, such as Commodity CFDs, Crypto CFDs and many more. It is important to remember that different instruments have different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Forex
1:2000
Crypto
1:5
Indices
1:200
Commodities
1:200
💲 Min Deposit $10
💡 Min Position 0.1 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
💱 Hedging
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
💸 Commission $0
Fees
Different account types offer varying average spreads:
- Cent Account: The online broker takes its fee from spreads, which start from 1.6 pips, with commissions of $2 on indices and 0.15% on shares. Average live spreads on major forex pairs, such as EUR/USD carries an average spread of 1.6 pips.
- Classic Account: Average spreads on Classic Account are around 1.3 pips, with commissions of $2 indices and 0.15% on shares.
- VIP Account: A reduction to an average of 1.0 pips in the VIP account is combined with lower commissions; only charged on shares at 0.15%
Swap rates on overnight leveraged positions apply. Corporate actions such as dividends and mergers will impact equity and index CFDs. One of the main drawbacks to trade with BDSwiss is an inactivity fee of $30 of the account balance that will be charged after 90 days of account inactivity.
Instruments Traded
Besides lots of currency pairs CFDs, BDSwiss offers other CFDs you would like to trade on, such as Commodity CFDs, Crypto CFDs and many more. It is important to remember that different instruments have different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Forex
1:2000
Crypto
1:5
Indices
1:200
Commodities
1:200
Payment Methods
The minimum deposit amount depends on the selected account type. All deposits are processed instantly aside from bank transfer, which can take up between four and seven business days to arrive. Per regulatory requirements, the name on the deposit account and trading account must be identical. All withdrawal methods are available offering processing internally within 24 hours.
There's a decent range of payment options at BDSwiss from traditional bank wires, credit/debit cards, Visa, Maestro, Mastercard, to support payment processors include Skrill, Neteller, PayPay, and dotpay. You can read the detail below:
Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders use this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.
Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.
Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.
BDSwiss also provides payment with Crypto and Credit/debit cards
Trading Platforms
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitability by placing well-planned trades.
Hereby, BDSwiss offers you MetaTrader 4, MetaTrader 5 and WebTrader.
- BDSwiss Mobile App: Highly intuitive and responsive, the applications allow for users to register for an account, deposit, withdraw, upload their KYC, and of course place their trades from mobile or tablet devices.
- MT4 trading platform: All MT4 upgrades are free, however, the upgrades that are necessary for experienced traders may be costly. The MT4 system is fast, reliable, and comes with a range of useful features, including an optional Autochartist plugin. Any other EAs and plugins need to be downloaded independently by BDSwiss traders.
- MT5 trading platform: With a host of advanced technical analysis tools and a fully customizable interface, the MT5 platform lacks backward compatibility. However, traders who have no need for advanced features may find the MT5 trading platform a better choice.
- BDSwiss WebTrader: As a MetaTrader alternative, the BDSwiss Webtrader is an easy access web-based platform but it lacks support for automated trading solutions. The WebTrader does not require downloading and it is fully synchronized to the downloadable versions of the MT4. Users get access to more than 24 languages available that you can access quickly and efficiently on any device.
Unique Features
82.5% of orders executed with zero requotes or positive slippage, on paper, which suggests an excellent execution environment. The trade execution statistics point to a sound trade execution policy and a deep liquidity pool.
Research and Education
BDSwiss stands out amongst forex broker reviews for its educational courses and tools, such as:
- BDSwiss blog: The BDSwiss blog provides traders with access to their research and insights. A team of in-house analysts provide market coverage, including Stuart Cowell, Head of Education & Investment Research, Frank Walbaum, Market & Technical Analyst, Marios Kyriakou, Trading Training Specialist and Mazen Salhab, Chief Market Strategist at BDSwiss. A mix of fundamental and technical analyses are uploaded daily.
- Trading Alerts: BDSwiss executes its trading signals with the alerts created by its lead portfolio manager, Frank Walbaum.
- Telegram channel: The broker's Telegram channel, which consists of a Free basic version accessible by anyone and the VIP version which is exclusive to VIP account holders is utilized to provide real-time Trading Alerts as well as notify clients on important releases, volatility alerts, and upcoming live-trading webinars.
- Autochartist: Autochartist, generated by a third party, provides manual traders with a useful tool that scans assets for market patterns and trading opportunities and, thus, can give traders a significant edge.
- Trading Academy: At the core is the Trading Academy, categorized categorized in various educational resources for every skill level.
- BDSwiss seminars: this category represents the most valuable aspect of BDSwiss. BDSwiss recently hosted seminars, with expectations of more to come.
- Live webinars: Live webinars provide an additional educational channel.
- Video library: Over 200 videos are available on the BDSwiss official YouTube channel.
Bonuses and Promotions
BDSwiss offers bonuses depending on the region.
Customer Support
Do you have any questions or find any trouble related to BDSwiss? If you do, you should reach BDSwiss's support to get the information that you need. Here is the detail of the broker's customer support:
The BDSwiss multilingual customer support is available 24/5 via e-mail and live chat. You can also get a callback option or visit the FAQ section to find the most common questions or answers.
Website Languages
Office Support
Email Support
Call Support
Chat Support
FAQ About BDSwiss
A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if BDSwiss is a good broker for you or not by reviewing the criteria. In general, BDSwiss provides trading service in CFDs including Forex, Indices, Commodities, Cryptos and Stocks.. As for the payment methods, you can choose between Skrill, Wire transfer, Credit/debit cards, Neteller and Crypto. The customer support is available via Email and Live chat.
The starting capital in BDSwiss is $10.
BDSwiss is regulated by FSC (Mauritius) License No. C116016172, FSA (Seychelles) License No. SD047, FSCA South Africa, License No. 49479 and MISA Mwali License No. T2023244. A regulated broker equals a more responsible trading environment.
BDSwiss is a brokerage company offering trading services for clients from various countries since 2012.
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