BDSwiss Review: Forex, CFD Broker Analysis & Safety

Founded in 2014 and acquired in 2021, BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices. Information on the TradersUnion.com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit. Trading in futures and options carries substantial risk of loss and is not suitable for every investor.

Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. That being said, BDSwiss holds multiple regulatory licenses throughout the EU, including from Cyprus where it is authorised by the Cyprus Securities and Exchange Commission (CySEC), but no longer accepts EU residents. It is also regulated as a Tied Agent under its German entity, and is passported across the EU (and outside of the EU into Switzerland).

Account Minimum

The USA is among these exceptions with trading not available there, though BDSwiss does an excellent job of being available in other locations. Are you a non-English speaker and look for more resources on BDSwiss in your language? As mentioned above, BDSwiss holds licenses with various regulatory bodies, to protect its global and diverse clientele. When it comes to research, BDSwiss do an excellent job in providing for a well stocked and insightful offering.

Deposit Methods

On the Zero Spread account at BDSwiss, the commission per trade is $3 per lot per side. BDSwiss offers the option to open an Islamic account, also known as Swap Free. Islamic accounts are designed with the features of financial operations that comply with the principles of Sharia law and are intended for Muslim investors. Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team.

BDSwiss Minimum deposit

Regulated by various financial bodies such as the SFSA, FSC, and FSCA, BDSwiss demonstrates its commitment to international regulatory standards. This diversity in the supervision and control of its activities speaks to the company’s commitment to transparency and protecting its client’s interests, which is critical in assessing its credibility. Considering these aspects, it can be assumed that the broker has a solid position in the industry, which makes it a reasonably reliable partner for traders and investors. Multilingual BDSwiss customer support is available 24/5, but BDSwiss explains its products and services well, limiting or eliminating the need for customer support. Before contacting customer support via live chat, I recommend traders browse the FAQ section. There are no fees on deposits or credit card withdrawals up to $2,000, ensuring a cost-effective experience for traders.

This is important as these costs can impact your profitability, especially if you plan to make many trades. After registration, you will need to provide detailed information about yourself. This includes your date of birth, residential address, nationality, occupation, financial information (such as monthly income and savings amount), and tax identification number. BDSwiss ranks among the most reliable brokers with excellent order execution.

BDSwiss sets a manageable entry point for traders, requiring a minimum deposit of only 10 USD/EUR/GBP, and 100 USD/EUR/GBP for GCC countries. Withdrawals are to be executed using the same method employed for funding the trading account. BDSwiss commits to processing all withdrawal requests within 48 working hours.

• The trading costs on the Classic account type start from a spread of 1.3 pips on major forex markets.
• BDSwiss provides robust customer support, educational tools, and flexible account options.
• Through the MetaTrader 4 (MT4) platform— BDSwiss offers a robust trading experience for traders who still prefer to use most popular platform.
• The broker operates under the FSA, FSC, FSCA, and MISA regulations, ensuring a safe and secure trading environment.
• While the company doesn’t have any traditional bonus plans, it offers several partnership programs, including Affiliate, IB, and Loyalty.

In terms of spreads, BDSwiss offers an average of 1.2 pips, which is average rate within industry based on our tests but higher than Pepperstone’s and BlackBull Markets’. For commission-based accounts, BDSwiss provides a low spread of 0.3 pips with a $5 commission, which is comparable to other brokers, though some like BlackBull and FP Markets offer lower commissions. The company was first launched in 2012 and has grown substantially over the last decade. They are a regulated forex company with licences from some of the top regulatory authorities in the world.

• The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
• With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices.
• To ensure the security of transactions, deposits are only accepted if they originate from the trading account holder.

These protective measures as we found including segregation of funds and participation to some customer protection organizations. However, we would advise to double-check security layers too if it is suitable for you personally. BDSwiss multilingual support is available with service the trader requires daily which is also on a very sustainable and professional level. Even though you can Live Chat, Phone or Email them within working hours 24/5 we still remain happy with its quality level. The available versions of both MetaTrader4 and MetaTrader5 suited to various devices and including PC, Mac, Applications or Web platform that requires no installations. SO yet you can download the desktop version for those platforms and use its full capability, which is more required by active or professional traders.

The company offers a wide variety of trading options including MetaTrader4 (MT4) and Metatrader5 (MT5) platforms. The platforms work on both desktop computers and mobile devices like smartphones and tablets. BDSwiss’s main goal, with regards to their trading platforms, is to offer their customers easy access to their accounts and to the financial markets. This ensues their customers can always monitor the markets, manage their risk level, and make good trades. BDSwiss is an online brokerage that offers its clients access to a wide range of financial instruments, including forex, stocks, indices, and commodities.

What deposit methods are available at BDSwiss?

There are no Top-Tier Licenses aswe found and Review BDSwiss is not UK Regulated. However, the payments we receive can influence the products, companies, or services we highlight and evaluate. Yes, you can trade Cryptocurrencies based on CFDs also with quite good costs. For the most accurate data check on the official BDSwiss platform and verify its allowance with your residual status, also make sure to check each instrument separately as it varies according to the asset as well.

Ideal for beginners, BDSwiss provides extensive educational resources and supports both fundamental and advanced learning. The Cent, Classic, and VIP accounts charge no commissions on forex pairs, but the Zero-Spread account charges a $6 commission on all pairs and commodities, along with commissions on indices and shares. Yes, BDSwiss offers bdswiss forex broker review 24/7 trading on a wide variety of cryptocurrency pairs, including popular assets like Bitcoin, Ethereum, and Litecoin. BDSwiss provides personalized support, free marketing materials, educational content, and advanced reporting tools to help partners succeed. BDSwiss provides access to over 50 Forex pairs and a total of more than 250 tradable assets, including stocks, indices, commodities, and cryptocurrencies. BDSwiss supports multiple deposit and withdrawal methods, including Bank Cards, Bank Wire, and e-wallets like Skrill and Neteller.

They provide trading on 200+ instruments including forex, shares, indices, metals, energies, and commodities. You can choose from 5 different trading accounts – all of which come with tight spreads, high leverage, and great trading platforms. They have great trading accounts with good trading conditions and low trading costs. They also have a wide range of trading instruments, trading platforms, and trading tools. However, if you want to look at alternative options, there are many great forex brokers as well. The BDSwiss trading platforms offer a comprehensive set of features and functionality, including customizable charting tools, technical indicators, and other advanced features.

BDSwiss Deposit and Withdrawal

They both cater for an extensive number of charting tools and functions, provide super-fast order execution, and do not offer any requotes. BDSwiss does allow you to engage in both scalping and hedging, while algorithmic trading is facilitated through use of the EAs feature on your MT4 trading platform. These include the EU50 and 3 other European stock exchanges on top of the NASDAQ, SPX, and US30 in the USA, and markets in Australia, the UK, and Hong Kong.

Commodities

Educational resources covering useful information on how to operate in markets, develop own trading strategy with accredited courses and webinars. Therefore, with access to most liquid and popular markets you may choose the desired and most understanding instrument according to your trading need and use BDSwiss user-friendly portal to benefit from trading. Leverage, known as a loan given by the broker to the trader enables you to trade through the multiplied volume that may raise your potential gains, yet in reverse increases high risks too. BDSwiss is an international brokerage firm established in 2012, which fastly approached Markets and became one of the largest trading groups. The current clients’ base of BDSwiss counting more than a 1.5 million registered clients from over 186 countries, as well as serving exclusive Member club that has more than 1.5 million traders. You can choose from 20+ cryptocurrencies including Bitcoin, Cardano, and Ripple.