BDSwiss 2020 Traders’ Review – A good broker

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BDSwiss

BDSwiss

  • Intuitive Trading Platform
  • Low Minimum Deposit Requirement
  • Low Minimum Trade Size

BDSwiss is a professional web-based cfd trading platform, online since 2020. It is, of course, mobile friendly and there is no downloading necessary and you can easily register online and start trading.

It is interesting that this site is specifically targeted towards German language (but other languages are also supported). Although it is a fairly new company among the older trade brokers, they offer many great tools.

BDSwiss used to be a CFD and a binary options broker, but it is not anymore. Its not possible to trade binary options with BDSwiss anymore, only CFD.

Why BDSwiss?

Why should you start trading with BDSwiss and not some other brokers? Well, it’s simple!

    • This broker, including customer support, speaks your local language (Polish, German, English, Czech. )
    • No hidden fees
  • Regulated brand throughout the whole Europe (CySEC)
  • BDSwiss offers free exclusive webinars and strategy materials.

BDSwiss Platform

BDSwiss used to use a SpotOption platform, but does not anymore. They now use the platform displayed below and only allow classical high-low trading.

Look at their platform. BDSwiss.

Other than classic high-low binary options, you can trade with many more kinds of exotic options with this broker. Options such as Ladder binary options and One-Touch binary options are available to be traded if you wish.

Trading One Touch Options with BDSwiss

  • One touch options
    • By trading one touch options, the trader speculates whether the price attacks a certain position. If it does, the profit is high (up to 300%).
      An example: Price will reach $120 in under 72 hours. If so, the trader gains $300. If not, trader loses $100.
  • Ladder options
    • This type of binary options is similar to spread options offered by HighLow and ETX Binary. They are classic options with slightly adjusted ITM line. If the line moves against our trade, we have a higher chance of greater profit. If ITM line moves so that strike price is more profitable for us than 95% profit can move for example to 24%, but this also moves yields higher probability of profit.
    • With ladder options, trader can use advanced hedging techniques to make sure that he stays in profit regardless of the price movements. More on that here: Binary option strategy hedging.

Unfortunately, the above said is not true anymore. Its not possible to trade binary options with BDSwiss anymore.

Broker Info Bonus Open Account
USA Allowed No
Assets: 171
Payout: *
Demo Account: No
Min Deposit: $100
Great broker for german clients Trade Now! Read Review

BDSwiss Minimum Deposit

To register for an account with BDSwiss there is no deposit required and you don’t need to give your credit card information to simply register on the website. BDSwiss only has one type of accounts. It is a live trading account that requires only a $100 minimum deposit initially. The low initial deposit is great for new traders to feel comfortable trading more quickly with lower risk.

The minimum deposit is $100 and the minimum investment is $5. Maximum deposit by credit card is $ 5 000S, wire transfer is unlimited. You have a wide variety of ways to deposit funds into your account by credit card, debit card, wire transfer, cashU, Maestro, Sofort, Paysafecard, UKash, Giropay, EPS, and Postepay. All deposits immediately go into your account, but it takes a couple of business days to process your wire transfer.

BDSwiss Withdrawal

BDSwiss has a minimum withdrawal of $100 US or EUR 100 depending on your trading account currency. You can easily withdraw your funds by credit card, debit card, wire transfer, cashU, Maestro, Sofort, Paysafecard, UKash, Giropay, EPS, and Postepay. There is a fee charged on wire transfer withdrawals of $25 US, but credit or debit card fund withdrawal transfers are free. Withdrawals can take 1-7 days depending on the method.

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When you sign up for an account at BDSwiss you get training materials, like ebooks and live webinars that are included in your account.

Our BDSwiss Experience

From our experience, BDSwiss is a great broker. The platform is quick with no delays after making a trade. It took their customer support a little bit to reply, but other than that, they were able to help us with everything we needed.

A minimum deposit of $ 100 is great for novice traders, just as their support of multiple languages. Good luck!

BDSwiss Pros

  • Intuitive Trading Platform
  • Low Minimum Deposit Requirement
  • Low Minimum Trade Size
  • CySEC regulated

BDSwiss Cons

  • Have a minimum withdrawal amount requirement of $100
  • Just One Trading Currency

BDSwiss – Review author

More about the author Step

I’ve wanted to build a business of some kind and earn money since I was in middle school. I wasn’t very successful though until my senior year in highschool, when I finally started to think about doing online business. Nowadays I profitably trade binary options full-time and thus gladly share my experiences with you. More posts by this author

BDSwiss Details

✅ Broker BDSwiss
✅ Website URL https://eu.bdswiss.com
✅ Founded 2020
✅ Headquarters Nicosia, Cyprus
✅ Support Number [email protected]
✅ Support Types Telephone, Email, Fax, Online Chat, Contact Form
✅ Languages English, Deutsch, Ελληνικά, Italiano, Dansk, Norwegian, Polski, Suomi, Svenska, Nederlands, Français, Español, Pу́сский, Slovene, Türkçe, 中文, 日本語, 한국어, Português, Čeština
✅ Trading Platform Own platform
✅ Minimum 1st Deposit $100
✅ Minimum Trade Amount $5
✅ Bonus Great broker for german clients
✅ Leverage Up to 1:30
✅ Spread 1 – 1.3 pips
✅ Free Demo Account
✅ Regulated
✅ Regulation Yes
✅ Account Types Standard
✅ Deposit Methods Visa, MasterCard, Maestro, Wire transfer, Sofort,, Paysafe, UKash, GiroPay, EPS
✅ Withdrawal Methods Visa, MasterCard, Maestro, Wire transfer, Sofort,, Paysafe, UKash, GiroPay, EPS
✅ Trading Methods One Pair, Short Term, Long Term, Ladder, Pairs
✅ Number of Assets 171
✅ Expiry Times 60s, 90s, 120s, 5m, 30m, 1h, 2h, 4h, 8h, 12h, End of Day, Weekly, Monthly
✅ Types of Assets Currencies, Stocks, Indices, Commodities
✅ Trading Currency EUR
✅ Account Currency EUR
✅ US Traders Allowed
✅ Overall Score 93/100

Open Account!

10 Responses to “BDSwiss”

I am trading with BDSwiss for a little over one year. The company is residing in Madagaskar and supervized by authorities in Seychelles according to my paperwork with them. The leverage I am using is 1:200 but I could go as high as 1:400 according to my account options. I am based in Asia.
Their mobile platform isn’t very usable imho. It often disconnects and fails to update prices when using other apps on my iphone. There aren’t many tools available for trading either. It’s ok to open and close trades, but not for research. Slippage is neglectible, but the spreads aren’t great either. Overall I use it to test strategies with real money. For that it is helpful from my perspective.
If you asked me about ratings I would give them 2 stars due to lack of tools and their issues with their apps and almost zero support. In many cases tickets were closed without being answered.
Cheers to all traders!

Could somebody sent me screenshots of how to withdraw funds from BD SWISS. I don’t a withdrawal option on my account only that of deposit.

go to this link https://account.bdswiss.com/dashboard/yourID/transactions (replace yourID in the url with your personal ID (can be found in top right corner) and you will see “Withdrawal” option.

However! Your withdrawal will be declined if your documents are not valid or have expired, in which case you will need to update your documents before you reapply to withdraw your funds.

I’m thinking of starting to trade binary options, I quite like it. I’ve already been reading about it for couple of weeks and trying to somehow learn, so I was wondering whether the broker BDSwiss is good for beginners. What do you think? Thanks for your reply.

My opinion is that the broker BDSwiss is good for beginners. This is mainly because the deposit is only 100 euros and you can start trading from just 5 euros. Also, your registration includes teaching materials, a book or a webinar useful for beginners.

I like the minimum deposit with the broker BDSwiss which is 100 €; most brokers require a deposit of 200 or more. I think this will be appreciated especially by novice traders who do not have much money.

You’re right, for a lot of traders, the amount of the deposit when picking a binary options broker is crucial.

Hello Jpro, I would ask you whether you also trade with a broker BDSwiss? And also, whether this broker is one of your favorites.

Hey, to be honest, I’ve started trading at BDSwiss 2 years ago, and there has been a time when I traded with him quite a lot, but I have had other favorites lately.

hey jpro
can you tell us your favourite broker

Honest BDSwiss Broker Review 2020

Table of Contents

Review: Regulation: Min. Deposit: Assets: Spreads:
(5 / 5) CySEC, FSC 200$ 250+ Starting 0.0 Pips

Nowadays it is difficult to find a trustworthy Forex Broker because the selection on the internet is very large and clear. BDSwiss is probably one of the best-known providers of financial products in the international broker world. So we ask ourselves the question: Is BDSwiss a good broker or not? – On this page, you will learn the truth. With more than 7 years of experience in the financial markets, we have completely tested the provider and present you in the following sections my test results. Everything about costs, conditions and more.

The official homepage of BDSwiss

What is BDSwiss? – The company presented

BDSwiss is an international Forex and CFD broker, which has its main client base in Europe. The company has been on the market for over 7 years and was founded in 2020. It offers customers trading in contracts for difference on any asset (currencies, stocks and more). Traders can speculate on rising and falling rates at small fees.

Already over 1 million traders registered with this broker because he is also known for eye-catching television advertising. The name alone inspires confidence because the group of companies is controlled from Switzerland, Zug. The head office of the broker is in Cyprus. Also in Germany (Berlin) and other countries, there is a customer center.

From my experiences and tests, the customer service at BDSwiss is awesome. Only a few other brokers can offer such a service to a trader. Every day webinars are organized and there are competent market analyzes for every customer. Also, trading signals can offer the broker, which had a high hit rate in the past.

Facts about BDSwiss:

  • BDSwiss Holding PLC is regulated by the CySEC (EU)
  • BDS Markets is regulated by the FSC (Mauritius)
  • Competent customer service for international traders
  • Founded in 2020
  • The group operates from Switzerland, Zug
  • Known from TV commercials and magazines

(78.3% of retail investor accounts lose money when trading CFDs)

The regulation of BDSwiss

Regulation by an official financial authority is very important in online trading. The license creates a confidential relationship with the customer. The broker must meet certain requirements and criteria in order to obtain such a license. Violations of the rules or even fraud would mean a permanent withdrawal of a license.

The BDSwiss group has several licenses, which brings a great advantage. BDSwiss Holding PLC is represented by CySec (EU), BDSwiss LLC by U.S. Patents. National Futures Association NFA and BDS Markets regulated by the FSC. The trader can decide for himself under which license he wants to trade. There is the possibility of unrestricted trading without leverage.

BDswiss is regulated by:

High leverage for European traders

The European Financial Services Authority (ESMA) banned the high leverage on private traders from 1.8.2020. This presents the trading scene with massive problems.

BDSwiss has cleverly solved this problem because for customers it is possible to trade under a license outside of Europe. This guarantees a high leverage of 1: 500.

Traders can choose between different regulators. High leverage is available.

The conditions for traders – What can you expect from BDSwiss?

CFDs and Forex Trading are very popular with private traders because you can access the global financial markets with little capital. In addition, it is possible to set not only on rising but also on falling courses. Maximum leverage of 1: 500 can be used. Even with small capital, it is possible to move higher sums on the market.

The minimum deposit is only 200$/€. This is low and acceptable compared to other competitors. Positions can already be opened with very small capital (0.01 lot). Overall, the broker offers an offer for each account size.

Overall, you can trade over 400 different assets/markets at BDSwiss. There are commodities, currencies, stocks, cryptocurrencies and more available. Shares are tradable by the German Stock Exchange, American Stock Exchange and many more on favorable terms. The spreads for these assets are always dependent on the current market from my tests and experience.

Transparent trading conditions

In fact, variable spreads are offered. Depending on the liquidity, a higher spread may occur. This is a normal stock market trading. On average, however, spreads are 0.3 pips in forex and less than 1 point in stock indices. For better spreads, you can activate the black account or use the RAW Spread account (personal offers are possible for each client).

My experience and tests have shown that BDSwiss is a better-than-average provider of CFDs, forex, stocks and more. The offer and the terms are very manageable and cheap for traders. We could not discover any hidden fees or traps.

Special conditions for traders:

  • Leverage between 1:30 – 1:500
  • Personal offers for high volume traders
  • 3 different account models
  • Very fast order execution
  • Short trading cryptocurrencies with high leverage
Assets: Spreads: Platform: Support:
250+ Forex, Stocks, Crypto, Commodities Starting variable 0.0 Pips Webtrader, Metatrader 4/5, Mobile App 24/7 Phone, Email, Chat

(78.3% of retail investor accounts lose money when trading CFDs)

Review of the BDSwiss Trading Platform

BDSwiss offers its own developed trading platform for the browser and the smartphone. The well-known Metatrader is also available in versions 4 and 5 (desktop version and app). Thanks to the clear platform, independent analyzes can be carried out easily and with the app, you can keep an eye on your portfolio at all times.

In summary, the software solutions from BDSwiss are suitable for every trading style. In the following pictures and texts, we will give you an insight into the trading platforms.

The BDSwiss Webtrader

Platforms:

  • The Webtrader and the app of BDSwiss very clear
  • The structured design of the Webtrader ist good for beginners
  • You get transferred direct market news into the trading platform
  • Easy selection of the most popular brands
  • Transparent quote and quick recognition of the conditions or spreads
  • Optimal analysis options with the chart (indicators & more)
  • Metatrader 4 and 5 is available

The Webtrader is especially good thanks to its user interface. This also allows beginners to understand trading quickly and easily. You can easily find your way around and realize exactly which actions you have to take.

If you have questions or problems with the trading platform, you can simply contact an account manager or support. Videos with instructions are also available at BDSwiss.

Charting and analysis

Charting is one of the most important things when it comes to technical analysis of markets. MetaTrader 4/5 is one of the most flexible platforms in the trading area. Many brokers offer this software for their traders. Choose between different chart types (candles, bars, lines) and set any time period. Furthermore, BDSwiss gets its market data from well-known providers.

In Webtrader the charts are provided by TradingView. This is one of the largest market data providers worldwide. The charts in TradingView are similar to the charts in MetaTrader 4/5. The difference is that there are actually more tools available in TradingView. However, in Metatrader 4 you can use your own programs and indicators as well as automatic trading.

  • Candlesticks
  • Line Chart
  • Bar Chart
  • Flexible Charting

BDSwiss mobile trading for any device

The offer of BDSwiss is rounded off with the newly developed app for Android and iOS (picture below). Have access to your portfolio from anywhere in the world. Check the latest news and respond to political changes on the go. Nowadays, an app is actually necessary for every professional broker because mobile trading is becoming increasingly popular. From my experience, the app works just as well as the online platform or Metatrader 4/5. You will find all the necessary functions very quickly and get the fastest access to the markets.

The BDSwiss App

How does BDSwiss Trading work? – Step by step tutorial

Also the worldwide known trading platform Metatrader 4/5 is offered via BDSwiss. This platform brings a lot of configuration options. Personalized indicators or programs can be imported into this platform. This way, every trader can independently adapt the platform to his trading style.

MetaTrader 4/5 is also available as an app for the smartphone. Simply log in with the data from BDSwiss and start trading. In the upper picture, you see the order mask. In the following points, we explain to you my experiences and tests the functions.

How to trade Forex with BDSwiss web trader and Metatrader:

  1. Choose any asset on the platform
  2. Choose the size of the right position for your account
  3. Stop Loss and Take profit rescue your position and profit
  4. Buy or sell – Invest in rising or falling markets

The Ordermask for trading

CFDs are an abbreviation for Contract for Difference. It is here a contract between Trader and the broker closed. This contract (contract) has an indefinite term until it is closed by the trader or broker (only with special exceptions). This contract may be executed on any assets offered by the broker.

So if you buy a contract on, for example, oil and the price of oil rises in the next 2 hours, then the value of your contract also rises and you can close the trade in profit. Generally, CFDs are traded with a lever. There are derivatives with which an underlying value is speculated. Another advantage is the speculation on falling prices. With CFDs, you can easily open a short sale, which is difficult for real stocks.

The advantages of the platform:

  • Trading with high leverage
  • Easy trading on falling markets
  • High markets liquidity of BDSwiss

The leverage of BDSwiss

Leverage is another important feature in broker selection. There are always differences. As mentioned above, BDSwiss has a European license (leverage 1:30) and a license outside the EU (leverage 1: 400). For equities the leverage is generally between 1:20 – 1: 100 and for currencies (Forex) up to 1: 400.

A higher level of leverage means that you need to deposit a smaller margin with the broker. For example, you want to buy 100 shares of Tesla at a price of 100 €. This corresponds to the sum of € 100,000. With a lever of 1:20, you have to deposit now only 5,000 € as collateral (margin) with the broker to trade the sum of 100,000 €. This allows more risky investments with the chance of a faster and higher profit. Many traders are reasonably afraid of over-leveraging their accounts. By adjusting the investment sizes, over-leveraging can be ruled out.

In summary, BDSwiss offers all the important features of a good CFD broker. The conditions for the trade are compared in the upper average and can be recommended with a clear conscience.

Is there negative balance protection?

The additional funding requirement is feared by any private trader because account balances can come into a negative state. The negative balance does not exist at BDSwiss. So your account cannot go into a negative balance. This can happen through extreme market situations, but BDSwiss automatically closes your positions before that.

You can not lose more than your investment amount.

Free Account opening for everyone

The account opening is very fast and easy at BDSwiss. Enter your personal information in the ready-made field and start the registration process. The email must be additionally confirmed afterward. BDSwiss deals with your data with confidence and is DGSVO compliant. After you have opened the account, you can use the demo account or the real account.

Open your free account

Countries:

BDSwiss accepts international traders but not from everyone country of the world. For example, US traders are not allowed. You can see that clearly if you want to register on the homepage. Europe, Africa, Asia, and India are the most growing regions for trading. Feel free to register your account.

Unlimited BDSwiss Demo Account

A demo account is very important for beginners and experienced traders. It belongs in the portfolio of a good broker. Beginners can take their first steps in investing in the demo account. This is an account with virtual money, which imitates the real money trade. In addition, experienced traders can develop new strategies or even try new unknown assets to trade.

We recommend every trader to use the demo account first before investing real money. Take enough time to get to know the trading platform. The demo account is capitalized with 10,000 € and offers enough space to test the platform.

The real account is free like the demo account. The broker requires real money verification of the account and of your person to prevent money laundering or other criminal activity. The regulation forces the broker to verify you. For example, monies may not be paid out to unsupported traders.

All that is needed is the completion of your personal data and the upload of a photo/document of your identity card and an invoice confirming your address. The verification takes less than a day from my experience and is quickly conducted.

(78.3% of retail investor accounts lose money when trading CFDs)

Review of the BDSwiss Account Types

The broker offers you 3 different account types. The basic account and RAW Spread Account is available to every trader with a deposit of 200$/€. The black count is assigned individually. You have to pay more capital and it depends on your trading style. BDSwiss does not specify a default for the deposit number for the Black Account.

The black account is made for larger account capitalizations. The conditions are better, but higher position sizes (from 0.1 lot) must be traded. Contact an Account Manager for an individual quote.

BDSwiss account types

Account types are part of a good broker. This makes it possible to respond more specifically to the wishes of traders. For example, lower spreads can only be activated if the trading volume is high so that the broker still makes enough profit. BDSwiss is very well positioned with 3 types of account and thus clearly sets itself apart from its competitors.

Overview of the account types:

Basic Account:

  • No deposit fee
  • Free education center
  • Free webinars
  • Hedging
  • Free trading tools

RAW Spread Account:

  • 0.0 pips raw spreads
  • Pay a monthly estimate $1 – $79
  • Only for Forex, Metals, and Energy Trading
  • No deposit fee
  • Free webinars
  • Hedging
  • Free trading tools

Black Account:

  • No deposit free
  • VIP education
  • VIP alarms
  • VIP support
  • VPS server
  • Custom offers for high volume traders

(78.3% of retail investor accounts lose money when trading CFDs)

Review of the deposit and withdrawal at BDSwiss

The deposit and withdrawal at BDSwiss should not be a problem for you as the broker offers many different payment methods to capitalize on your trading accounts. Deposits work in real-time (electronic methods) and are completely free. Funds deposited via bank transfer are credited to the account within 1 – 4 working days. The minimum deposit for a live account is 200$/€.

How does the payout of profit work?

The payouts will be processed and sent within 3 days. Simply go to the account dashboard and click on “Payouts”. With payments of less than 100€, it can be expensive because there are fees of around 10 €. This fee is likely to be taken because smaller accounts bring too little profit to the broker.

Since BDSwiss is a regulated and licensed broker, payouts are handled quickly and conscientiously. From my experience, the company always pays the money of the traders. This overlaps also with the experiences of my community.

With unregulated brokers, it can come to the delays of the disbursements or customer money frauds. This is not the case with BDSwiss because the company wants to continue to enjoy its good reputation.

Payment methods:

  • Bank wire
  • Electronic Klarna
  • Electronic payment methods
  • Credit Cards (Master, VISA, and more)
  • Skrill, Neteller
  • Withdrawal within max. 3 days
  • Payouts over 100€ are free

Which support and service BDSwiss can provide?

The customer support also scored very well in our review. Since BDSwiss is an international broker, more than 10 languages ​​are available. Support is available by phone, email or chat 24/5 a week. Competent answers are given and questions answered within seconds.

BDSwiss has a strong presence in the German (DACH) region and has therefore opened a customer center in Berlin. Also, countries like Cyprus, Seychelles, and Mauritius are included. This is another advantage for the broker because only a few brokers offer the service from a regional branch. In addition, there are more other customer centers too. Service is capitalized at BDSwiss, so get trader with the higher deposit a personal contact.

Also, there is a very large training center on the website of the broker. There you can watch video tutorials and learn new strategies. There are also daily market updates and multi-language webinars. In summary, the service package from BDSwiss is great and offers a trader with everything he needs.

Support: Time: Phone number: Special:
Phone, Email, Chat, Whatsapp, Telegram 24/5 working days +44 2036705890 Personal service for each client

BDSwiss offers Trading Signals with a high possible profit rate

A new project of the broker is the trading alerts. Receive alarms in real-time on your phone. The past has already shown very good results with a profit share of more than 60%. You can always view the past trades transparently on the homepage. The trading alerts are only available to Black Account customers.

Traders with years of experience and a fund manager were hired for the signals. The signals are sent directly to your computer or smartphone via an app. So you can implement the trades in real-time.

BDSwiss real-time alerts

Review of the fees for traders

Finally, we should take a closer look at the fees and costs at BDSwiss. As you have read in the previous sections, spreads may fluctuate depending on your asset and market conditions. These are the trading fees whereby the broker earns his money.

There are additional fees when paying less than 100 €. At least 10 € will be charged here. The effort is too big for the broker to manage accounts under € 200, so the fee is so high. There are no fees for higher payouts except for bank transfer. For international transfers, a maximum of € 50 is required and SEPA transfers a maximum of € 5.

There is also an inactivity fee of more than 90 days. Inactivity is when the client has not opened or closed trade and has not made any transactions. The fee is a minimum of 25 € and a maximum of 49.90 € high (10% of the account balance). In summary, the fees are manageable and not significant to most traders.

Fees:

  • Electronic payments are free
  • Outpayments under 100 € = 10 €
  • Sepa transfer 5 €
  • International transfer 50 €
  • Inactivity fee 90 days 25 – 49,90 € (10%)

BDSwiss is charging fees for low withdrawal amounts (lower than 100€).

(78.3% of retail investor accounts lose money when trading CFDs)

How to earn money with BDSwiss?

In the following section, I would like to explain how easy it is to actually earn money with BDSwiss:

In my opinion, a trade is settled in the daily chart (candlesticks). This is a very big timeframe and the trade runs for several days. Of course, earning money is also possible in a short time if you want to focus on short-term movements. In cooperation with a price average, uptrend and support zone, the trade can be successfully be sold and recorded a direct profit after the first few days.

Some beginners would now say it is just luck. This is not so. With random trading (which I do not recommend to anyone), you have a 50:50 chance to pass. If you now improve your knowledge through analysis and coaching you can get a significantly higher hit rate of more than 60 -70%. Of course, there will also be losses in trading, which will be offset by subsequent gains. You always have a certain probability of winning.

Lose money (losses):

Losses will inevitably come to you. Therefore, one should not be dissuaded from the web to become a good trader. Practice in the demo account is the top priority at the beginning. It is important that you use sensible money management. This means not to risk more than 0.5 – 3% of the total account for trade.

Too high a risk will mean long-term death for your account, as several losses can occur consecutively. If you then invest too much of your portfolio, you will see the empty account balance approaching quickly.

Retain winnings:

Profits can also be hedged with the stop loss. Should your trade run into profit, you can drag the stop loss to a certain level. The platform shows you transparently how much profit you make. The trader’s language says: They are stopped out in profit. This will prevent you from making profits in the market unnecessarily when the chart is against you.

Is BDSwiss scam? – Our conclusion of the review

In the past, we have already tested many brokers. BDSwiss is currently one of the top companies in the trading scene. The broker offers a truly comprehensive listing for traders.

The company, which has been on the market for many years and has proven itself since 2020, makes a very serious impression on me. With many licenses, the company shines in the area of customer confidence.

The service of BDSwiss stands out clearly. Webinars, coaching, market analysis, and trading signals are available to a trader. With a black account, you can enjoy VIP conditions.

Overall, there are almost only benefits for traders at BDSwiss. To make this review transparent, of course, we’ve looked at other brokers in this area. The spreads could be a bit smaller in comparison, but the broker would have to cut back on other offers. The service for customers is excellent and recommendable. The only drawback that has been noticed concerns only those with small accounts who want to pay less than 100$/€.

Advantages:

  • Multi-regulated
  • Fast order execution and high liquidity
  • Wide range of markets
  • Low spreads
  • High leverage
  • Account types
  • Optimal service by trained support
  • User-friendly and flexible trading platforms
  • Further education through coachings and training/webinars

Disadvantages:

  • Higher costs when withdrawal less than 100 €

The supply of assets is on average high. Trade commodities, stocks or currency pairs on a single platform. Spreads are low and competitive. Overall, BDSwiss is a recommended company. (5 / 5)

BDSwiss Review

Introduction

Licensed and regulated by CySEC and established in 2020, BDSwiss originally began as a binary options broker. In recent years, they have diversified into Forex and CFD trading and, as a popular choice among traders, have continued to grow their popularity as a safe and reliable platform.

There are several reasons that BDSwiss continue to be popular with their traders with numbers now exceeding 700,000. One of these is the technically advanced, MT4 trading platform. In addition to this they offer excellent customer support, various trading features like a free demo account and good spreads and payouts.

Even though they may have a reputation for an excellent all-round trading experience, you may still have questions about whether this is the right broker for you. We have reviewed numerous Forex brokers so that we can offer you a detailed and unbiased analysis of the benefits of using them. Our team of experts investigate all aspects of trading to bring you this information so that you can make an informed decision.

In this review, you will learn:

    What BDSwiss offers their many Forex traders Details of the platform and what to expect The types of accounts and bonuses they offer

Risk Warning: The products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain from referring new customers.

Account Types

There are two types of accounts available from the broker; the Basic Account and the Black Account. They offer many similar benefits, but these are increased with a Black Account.

Basic Account

This account requires a minimum deposit of $200 and offers average spreads of 1.3. The leverage available is up to 1:400. There is a minimum lot size of 0.01.

Black Account

To open a Black Account, you need a deposit of $10,000. This account offers many benefits not available with the Basic Account and offers spreads on average of 1.0. The same leverage of 1:400 is available. The minimum lot size is 0.1

Demo Account

Use the demo account to use the simulated version of the platform before you commit any funds. This is a free account which requires your email address and a few other details.

Trade Features And Payouts

While there may be only one type of trading account, there are several trading features available on the BDSwiss trading platform. We take a look at what you can expect:

Leverage

For traders with small balances, you can grow your capital by using leverage. This will enable you to multiply your investment and build up your capital. The leverage offered by BDSwiss is 1:400. You should be aware though that your investment is at risk and that you should be confident in what you are doing.

Spreads

The broker offers good spreads with no commission, and this information is highly visible on their website. The live newsfeed and prices mean that you can get access quickly to the data. If you scroll to the bottom of their main Forex page you can see, for example that EUR/USD offers spreads from 1.0 pips while GBP/USD offers spreads from 1.6 pips.

Stop Loss

To protect your profit, the broker offers Stop Loss. What this means is that you can set an auto close position so that when your price levels are reached, your trade will automatically close.

Platform Types

BDSwiss uses the MT4 trading platform which is one of the industry-leading technologies. They couple this with the BDSwiss interface to give traders the best experience. They offer it in several formats; MT4 for web, Windows, Mac, Android and IOS. This is excellent news if you want to trade on the go from a mobile device.

The BDSwiss platform is fully optimised for all types of mobile device.

Bonuses And Promotions

Unlike most brokers there are no bonuses offered by BDSwiss. If this is important to you and your trading experience then they may not be the broker for you however you do need to look at the bigger picture here. They seem to focus all of their efforts into the trading experience and making it accessible to all traders. If it is an excellent all-round trading experience that you are looking for, then they more than make up for their lack of bonuses.

If you are looking to be able to try the platform before you commit funds then they do offer a free demo account. While this won’t give you access to the live trading platform, it will allow you to practise trading so that you can familiarise yourself with everything

Mobile Trading

Most of you undoubtedly prefer to trade on the move. Gone are the days of being glued to a laptop during trading hours. Now you can trade wherever you are in the world, as long as you have an internet connection. The BDSwiss platform is optimised for all types of device including Mac, iOS and Android. This means that whether you are trading from a small phone or even a Macbook, you can trade on the go.

If you want to test the platform and ensure that it ticks all of your boxes for mobile trading, then visit the website on whatever device you are using and have a look for yourself.

Deposits And Withdrawals

As long as you have a method of making an online deposit then you can sign up, deposit your funds and start trading immediately. BDSwiss accepts many forms of payment including Visa and Mastercard as well as the many electronic wallets like Skrill and Neteller.

When it comes to withdrawals, while BDSwiss offer no commission trading, they do state that there may be some withdrawal fees. This is relatively standard across brokers although not always so prominently displayed. You can find a detailed breakdown of their withdrawals fees on their site so that you don’t get any surprises when you request to withdraw your funds. They will be returned to the source of deposit when you do.

Special Features

While BDSwiss may not offer several accounts and a variety of bonuses, they do provide several unique features which make them a wise choice for many:

    Appropriateness test so that you can be tested for your suitably to trade Free demo account, enter your email address to begin trading Live prices feed which is displayed on the Forex main page of the website

Customer Support

There are several ways that you can get in touch with the customer support team. Their support is available in 20 different languages. You will notice a live chat link at the bottom of the screen. This will open up a chat box for you to speak to someone about any questions or queries you might have. There are also several telephone numbers so that you can contact someone by phone. In addition to this there is a support email address.

If you visit the contact page you will see the various options for contacting the broker which includes their postal addresses, fax and a contact form for you to select your reason for contacting them and multiple fields to input your information. It is always a good sign when the broker is so visible.

Here are the contact details for BDSwiss:

    Email – [email protected] Phone – +44 203 670 5890 Address – BDS Markets Ltd, 6th Floor, Tower 1, Nexteracom Buidling 72201 Ebene, Mauritius

Conclusion

BDSwiss is a serious contender when it comes to Forex trading. They have worked hard to establish themselves as a reliable and reputable broker and have built a strong, technically advanced platform. Their visibility and number of ways in which to contact their customer support team is also a strong sign of a good broker.

They offer competitive spreads and payouts with no commission and several currency pairs in which to trade. They are also committed to making sure that you know what you are getting into and that you understand the risks of trading. While there are no bonuses, their free demo account means that you can try the platform before you make a decision.

Risk Warning: The products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain from referring new customers.

Frequently Asked Questions

Is BDSwiss legit, will they scam me?

Having been trading since 2020 and with CySEC licensing, BDSwiss is one of the more reliable Forex brokers. They have built an excellent reputation over the years, and their account holders now exceed 700,000.

Do they have a decent mobile or tablet app?

With the MT4 platform being available in so many formats, they offer an excellent mobile trading experience. Whether you are using OS or Android, a small phone or a large tablet, the site will respond to your device.

What bonus do they offer for new traders?

There are no bonuses offered by BDSwiss for Forex traders. If a bonus is an essential factor for you, then this will be disappointing news.

Can I start trading on a free demo account?

The answer to this is absolutely yes. If you go to their website and visit their Forex page, there is a link to their demo account in a prime position.

What’s the min. deposit and ideal trade amount?

You can open a BDSwiss basic Forex account with $200, but you can sign up to a demo account for free. Deposits can be made using Visa, Mastercard or other forms of electronic wallet.

Ben’s contributions as a freelancer to the site since 2020 are highly valued. He has a real talent particularly within short-term speculation, making many successful trades on the directions of the global financial markets.

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