BDSwiss Review
💲 Min Deposit $100
⌛ Year Established 2012
💼 Regulation
💡 Min Position 0.01 lot
🌐 Website www.bdswiss.com
🌎 Country
⚖ Max Leverage 1:400
Accepts US traders
📁 Segregated accounts
📖 Free education
Negative balance protection
Education
Copy trading
Webinar
👨💻 PAMM
🗺 Vps
BDSwiss is a well-established broker since 2012. BDSwiss has headquarters in Cyprus, Mauritius, Seychelles, United States and Germany. BDSwiss to provide their Forex/CFD trading services to global clients.
This broker has also been regulated by CySEC 199/13, FSC (Mauritius) C116016172, FSA (Seychelles) SD047, CFTC/NFA 0486419 and BaFin HRB 160749B.
As mentioned above, BDSwiss holds licenses with various regulatory bodies, but the primary regulator appears to be the Cyprus Securities and Exchange Commission (CySEC). The name BDSwiss was intended as an homage to the country Switzerland as one of the founding members.
As of 2019, the company is home to 1.3 million accounts, with over 30 billion in average monthly forex volume.
The EU website indicates that BDSwiss currently has holdings in Zug, Switzerland.
The broker is fully compliant with the EU's Financial Instruments Directive 2014/65/EU or MiFID II and the EU's 5th Anti-Money Laundering Directive. BDSwiss LLC is registered with the US National Futures Association. BDSwiss GmbH is a Tied Agent registered in Germany.
BDSwiss' clients are protected under the Investor Compensation Fund (CIF), per EU Directive 2014/49/EU, up to a maximum of €20,000 in the event the broker goes bankrupt.
Account Information
Apart from the forex demo account, this broker offers Black (Global Bdswiss), Black (EU BDSwiss), Basic (Global Bdswiss) and Basic (EU BDSwiss). 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: 400. Meanwhile, you can open an account with a starting capital of $100.
To simplify the trading process, the firm provides their clients with 4 types of trading account:
- Basic (Global Bdswiss): Before you can participate in live trading, you need to place a minimum deposit of $100 and minimal trade of 0.01 lot. Basic Global BDSwiss offers advice from the BDSwiss team of experts, variable spreads on major currency pairs, one-click trading, browser-based platform, and you allowed using hedging or scalping techniques. You also can 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).
- Black (Global BDSwiss): Global BDSwiss Black account requires a minimum deposit of $5000 and a minimum lot size of 0.1. Compared to the Basic version, Black's forex spreads are fixed. 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 Black account includes expert advisors that you can ask anytime.
- Basic (EU BDSwiss): EU BDSwiss offers a Basic account type for all clients with a minimum deposit requirement of just $100 with a minimum lot size of 0.01. Traders can use a set of pending orders and trailing stops, as well as one-click trading, mobile trading, and automated trading. The online broker takes its fee from fixed spreads.
- Black (EU BDSwiss): The minimum deposit is $5000 and 0.1 minimum lot size. Benefits of opening an account in EU BDSwiss Black include fixed spread, expert advisors, trailing stop, pending orders, one-click trading, mobile trading, and auto trading. The Black account also facilitates popular strategy, such as scalping.
Min Deposit
$100
Max Leverage
1:400
Spread
Fixed and Variable
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 $5000
💡 Min Position 0.1 lot
🔢 Spread Fixed
📉 Scalping
🤖 Expert Advisors
💱 Hedging
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
💸 Commission
Fees
Different account types offer varying average spreads:
- Premium Raw Account: The online broker takes its fee from spreads, which start from zero pips and commissions set at $5 per traded lot. Raw accounts can be accessed for a $5000 account balance. Average live spreads on major forex pairs, such as EUR/USD carries an average spread of 0.3 pips.
- Classic Account: Average spreads on Classic Account are around 1.5 pips.
- VIP Account: A reduction to an average of 1.1 pips in the VIP account is combined with up to 40% lower commissions on all indices and shares.
Forex, cryptocurrencies, and commodities are commission-free. This broker deploys a reasonable fee structure for index CFDs at $2 per lot, and a 0.15% charge per share applies to equity CFDs.
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 10% of the account balance (which will range from €25 to €49.90 or account currency equivalent) that will be charged after 90 days.
Instruments Traded
Besides lots of currency pair, BDSwiss also offers some instruments you would like to trade on, such as Forex, CFD, Crypto, etf, Indices and Commodities for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Over 100 trading instruments are available, including:
- 51 currency pairs
- 7 commodity CFDs
- 21 cryptocurrencies
- 12 index
- 138 equity CFDs
As for Black (Global Bdswiss) account, BDSwiss specifically provides it with the following instruments and leverage:
💲 Min Deposit $5000
💡 Min Position 0.1 lot
🔢 Spread Fixed
📉 Scalping
🤖 Expert Advisors
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission
Fees
Different account types offer varying average spreads:
- Premium Raw Account: The online broker takes its fee from spreads, which start from zero pips and commissions set at $5 per traded lot. Raw accounts can be accessed for a $5000 account balance. Average live spreads on major forex pairs, such as EUR/USD carries an average spread of 0.3 pips.
- Classic Account: Average spreads on Classic Account are around 1.5 pips.
- VIP Account: A reduction to an average of 1.1 pips in the VIP account is combined with up to 40% lower commissions on all indices and shares.
Forex, cryptocurrencies, and commodities are commission-free. This broker deploys a reasonable fee structure for index CFDs at $2 per lot, and a 0.15% charge per share applies to equity CFDs.
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 10% of the account balance (which will range from €25 to €49.90 or account currency equivalent) that will be charged after 90 days.
Instruments Traded
Besides lots of currency pair, BDSwiss also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Crypto, etf, Indices and Commodities for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Over 100 trading instruments are available, including:
- 51 currency pairs
- 7 commodity CFDs
- 21 cryptocurrencies
- 12 index
- 138 equity CFDs
As for Black (EU BDSwiss) account, BDSwiss specifically provides it with the following instruments and leverage:
💲 Min Deposit $100
💡 Min Position 0.01 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
💱 Hedging
🕛 Overnight interest rates (swaps)
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
💸 Commission
Fees
Different account types offer varying average spreads:
- Premium Raw Account: The online broker takes its fee from spreads, which start from zero pips and commissions set at $5 per traded lot. Raw accounts can be accessed for a $5000 account balance. Average live spreads on major forex pairs, such as EUR/USD carries an average spread of 0.3 pips.
- Classic Account: Average spreads on Classic Account are around 1.5 pips.
- VIP Account: A reduction to an average of 1.1 pips in the VIP account is combined with up to 40% lower commissions on all indices and shares.
Forex, cryptocurrencies, and commodities are commission-free. This broker deploys a reasonable fee structure for index CFDs at $2 per lot, and a 0.15% charge per share applies to equity CFDs.
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 10% of the account balance (which will range from €25 to €49.90 or account currency equivalent) that will be charged after 90 days.
Instruments Traded
Besides lots of currency pair, BDSwiss also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Stocks, Crypto, etf, Indices and Commodities for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Over 100 trading instruments are available, including:
- 51 currency pairs
- 7 commodity CFDs
- 21 cryptocurrencies
- 12 index
- 138 equity CFDs
As for Basic (Global Bdswiss) account, BDSwiss specifically provides it with the following instruments and leverage:
💲 Min Deposit $100
💡 Min Position 0.01 lot
🔢 Spread Fixed
📉 Scalping
🤖 Expert Advisors
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission
Fees
Different account types offer varying average spreads:
- Premium Raw Account: The online broker takes its fee from spreads, which start from zero pips and commissions set at $5 per traded lot. Raw accounts can be accessed for a $5000 account balance. Average live spreads on major forex pairs, such as EUR/USD carries an average spread of 0.3 pips.
- Classic Account: Average spreads on Classic Account are around 1.5 pips.
- VIP Account: A reduction to an average of 1.1 pips in the VIP account is combined with up to 40% lower commissions on all indices and shares.
Forex, cryptocurrencies, and commodities are commission-free. This broker deploys a reasonable fee structure for index CFDs at $2 per lot, and a 0.15% charge per share applies to equity CFDs.
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 10% of the account balance (which will range from €25 to €49.90 or account currency equivalent) that will be charged after 90 days.
Instruments Traded
Besides lots of currency pair, BDSwiss also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Crypto, etf, Indices and Commodities for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Over 100 trading instruments are available, including:
- 51 currency pairs
- 7 commodity CFDs
- 21 cryptocurrencies
- 12 index
- 138 equity CFDs
As for Basic (EU BDSwiss) account, BDSwiss specifically provides it with the following instruments and leverage:
Payment Methods
The minimum deposit amount is dependent on the selected method. 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, giro pay, Sofort, eps, iDeal, 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 using 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 in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.
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 in the 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 paysafecard, iDEAL, giropay, SOFORT, Crypto, Credit/debit cards and AstroPay
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 profitabiliy 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
73.40% 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. Two analysts provide market coverage on the BDSwiss blog, Technical Analyst Frank Walbaum and BDSwiss Head of Investment Strategy and renowned fundamentalist Marshall Gittler. 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 premium account holders (VIP and Raw Account) 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 into Beginner, Intermediate, and Advanced lessons. Each section consists of five to six video lessons with a quiz to summarize the content. It provides a great introduction to trading. Registration is required, but attendance is free of charge.
- Trading Talks: Trading Talks is a 10-course recurring educational webinar that is held every two weeks. The BDSwiss official YouTube channel is where past webinars can be accessed.
- 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
In Europe, BDSwiss doesn't offer deals or promotions on its site due to regulatory restrictions. However, non-EU traders registered under FSC Mauritius (www.bdswiss.com) are able to enjoy standard referral promotions and frequent competitions based on trading volume.
Customer Support
Do you have any question 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, webform, phone, WhatsApp, Telegram, or 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 Forex , CFD , Crypto , etf, Indices, Commodities , Gold & silver , Commodities , Oil and Stocks . As for the payment methods, you can choose between Skrill, Wire transfer, Credit/debit cards, Neteller, iDEAL, SOFORT, giropay, paysafecard, Wire transfer, Crypto and AstroPay. The customer support is available via Email, Web form, Phone and Live chat.
The starting capital in BDSwiss is $$100.
BDSwiss is regulated by CySEC 199/13, FSC (Mauritius) C116016172, FSA (Seychelles) SD047, CFTC/NFA 0486419 and BaFin HRB 160749B. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.
BDSwiss is a brokerage company offering trading services for clients since 2012 with offices in Cyprus, Mauritius, Seychelles, United States and Germany.
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Sep 25 2020
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