BDSwiss is a well-established broker since 2012. BDSwiss has headquarters in Cyprus, Germany, Philippines and Seychelles. They are generally well-suited for BDSwiss to provide their Forex/CFD trading services to global clients.

This broker has also been regulated by BaFin HRB 160749B, CFTC/NFA 0486419, CySEC 199/13, FSA (Seychelles) SD047 and FSC (Mauritius) C116016172.

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.


Company Information

Website
www.bdswiss.com

Established
2012

Country
Cyprus, Germany, Philippines and Seychelles

Regulation
BaFin HRB 160749B
CFTC/NFA, 0486419
CySEC, 199/13
FSA (Seychelles), SD047
FSC (Mauritius), C116016172

Features

Bonus offers

Trading contests

Free education

Personal manager

PAMM accounts

LAMM accounts

MAM accounts

Segregated accounts

Managed accounts

Affiliate program

Islamic accounts available

US traders are welcome

Vps

Account Information

Apart from the forex demo account , this broker offers Basic (Global Bdswiss), Black (Global Bdswiss), Basic (EU BDSwiss) and Black (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.

If you want to look for a more simple explanation regarding this broker's account type(s), take a loot at the following chart:


pin

Minimum Deposit

$100

pin

Maximum Leverage

1:400

pin

Spread

Variable and Fixed


Minimum Deposit $100

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Browser-based platform

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 and Cryptocurrencies 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:


Forex

Forex
1:400

Gold & silver

Gold & silver
1:100

Cryptocurrencies

Cryptocurrencies
1:2


Minimum Deposit $5000

Minimum Position 0.1 lot

Spread Fixed

Scalping

Expert Advisors

Hedging

Trailing stop

Pending orders

One-click trading

Browser-based platform

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 and Cryptocurrencies 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:


Forex

Forex
1:400

Cryptocurrencies

Cryptocurrencies
1:2


Minimum Deposit $100

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

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 and Cryptocurrencies 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:


Forex

Forex
1:30

Gold & silver

Gold & silver
1:20

Cryptocurrencies

Cryptocurrencies
1:2


Minimum Deposit $5000

Minimum Position 0.1 lot

Spread Fixed

Scalping

Expert Advisors

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

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 and Cryptocurrencies 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:


Forex

Forex
1:30

Gold & silver

Gold & silver
1:20

Cryptocurrencies

Cryptocurrencies
1:2

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.

BDSwiss also provides payment with giropay, iDEAL, paysafecard and SOFORT




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. BDSwiss Mobile App offers features such as:

  • Real-time Quotes
  • Interactive Charts
  • In-Built User Tutorials
  • Live Chat & Support
  • Clean, User-Friendly Interface
  • Full Trading & Transactions History
  • Deposit and Withdraw Functionalities
  • Account Set-Up & KYC Verification
  • 24/7 Cryptocurrency Pairs Trading

BDSwiss Mobile App

 

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.

mt4 trading platform

 

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.

mt5

 

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.

bdswiss webtrader

 

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 their 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

Arabic
Czech
Danish
English
German
Hindi
Italian
Korean
Norwegian
Polish
Romanian
Russian
Spanish
Thai
Vietnamese

Office
Support

Email
Support

Call
Support

Chat
Support




FAQ About BDSwiss


Is BDSwiss a good broker?

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 , Gold & silver , CFD , Oil , Stocks and Cryptocurrencies . As for the payment methods, you can choose between giropay, iDEAL, paysafecard, Skrill, SOFORT and Wire transfer. The customer support is available via Email, Live chat, Phone and Web form.


What is the minimum deposit for BDSwiss?

The starting capital in BDSwiss is $100.


Is BDSwiss regulated?

BDSwiss is regulated by BaFin HRB 160749B, CFTC/NFA 0486419, CySEC 199/13, FSA (Seychelles) SD047 and FSC (Mauritius) C116016172. 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.


Is BDSwiss legit?

BDSwiss is a brokerage company offering trading services for clients since 2012 with offices in Cyprus, Germany, Philippines and Seychelles.


Give Your Review and Rate This Broker


These aspects are optional but will determine your review's reliablity


20 Reviews

Barry Jones
This review is not supported by evidence

Sep 1 2020

BDSwiss is highly recommended broker because their fast withdrawal request. Based on my own experience!

James Curtis
This review is not supported by evidence

Sep 1 2020

good strong broker with many years experience far spreads, and good commissions, over all well trusted and doing well would recommend

Susan Bones
This review is not supported by evidence

Sep 1 2020

BDSwiss have an amazing and fantastic trading apps. I highly recommend them. Their app is user friendly and very easy to set up and start trading.

Adam Curtis
This review is not supported by evidence

Sep 1 2020

Both me and my friend had a terrible time trying to withdraw profits. So now I avoiding this broker.

George N
This review is not supported by evidence

Sep 25 2020

Withdraw my profit without problem and they have a great customet service.

Sullivan
This review is not supported by evidence

Sep 1 2020

I don't know why they hold back my money. I just want to withdraw my money because I need it. Please give my money back.

Jane Charles
This review is not supported by evidence

Sep 1 2020

Bdswiss is the best broker. Their attitude towards customer services is really good. You can be sure your funds are very very safe. Their trading condition is just also very good.

Rosetitan98
This review is not supported by evidence

Sep 1 2020

I have been trading with BDSwiss for just over a year now and currently never had a problem with them at all only deposited small amounts at first and finally deposited a big amount but didn’t check the reviews of them till after I added it to my account. So after reading a few bad reviews about withdrawal problems which I have never had and been complete within 24hr it just made me think. Hopefully something they can work on.

Andrew Adam
This review is not supported by evidence

Sep 1 2020

I can not rate them properly for what I experienced so far. Some reviews are good, but others are bad enough. Please improve withdrawal approval period. Thank you.

Tim B
This review is not supported by evidence

Sep 1 2020

I think BDSwiss is an average broker. They often manipulated entries, SL, TP points. Sometimes the positions are closed without notice. The only good thing about them is their customer support.

Dominique D
This review is not supported by evidence

Sep 1 2020

BDSwiss has higher spreads other than another broker which is upsetting. Heard their withdrawal process also difficult. There's plenty broker out there better than Bdswiss.

Benjamin Shille
This review is not supported by evidence

Sep 1 2020

They do not have many bonuses, but there are a variety of tools and materials as a new trader. Swap free and Islamic accounts are available. BDSwiss offers trading on Webtrader, MT4, MT5, and mobile app.

Aisha Baker
This review is not supported by evidence

Sep 1 2020

I have not heard much about this broker in Asia then I decided to give it a try. Fully regulated broker under CySec, FSC and NFA. Local deposit methods available in Asia. Account verification took less than 24 hours to complete. Spreads from 0 for Raw account, although a credit card is needed for the subscription fee. I have contacted their live chat service countless times and they are always quick to respond.

Bernard K
This review is not supported by evidence

Sep 1 2020

I've been using this broker for some months ,it's the worse so far of all that I have used. I've made a withdrawal to skrill two days ago, which should be instant after they process it, and haven't received the withdrawal yet.

Olivia P
This review is not supported by evidence

Sep 25 2020

Put money in now waited over 3 months and still no withdrawal. I'm not the only one waiting for this process to be done.

Bububaba93
This review is not supported by evidence

Sep 1 2020

Reading all comments about BDSwiss withdrawal process really made me have a second thought. Is it really that bad? Also I think 2-5 days withdrawal is pretty common right?

Angel Kobastami
This review is not supported by evidence

Sep 1 2020

My experience with BDSwiss was a very good one. I made a pretty good profit and NO REQUOTE!!! I recommend this broker.

Daniel M
This review is not supported by evidence

Sep 1 2020

BDSwiss support system should have solved my problem quickly because of updating the deposit data (late to my trading account). Other than that, the withdrawal process took only 2 days max.

Ray Eyed
This review is not supported by evidence

Sep 1 2020

I didn't face withdrawal problems like others ppl. The raw account is good but it should need less than 5k deposit minimum. A little bit expensive for me.

R. Hasan
This review is not supported by evidence

Sep 1 2020

Not like most of users, I don’t have any problems with my withdrawal process. Withdrawal was sent to my account within 5 days of request.