BDSwiss – Detailed Review and Updated Rating
Reviewed broker: BDSwiss
Operated by BDSwiss Holding Plc, Cyprus
Location: Cyprus. The company is also regulated in the EU and has the HQ in Cyprus with offices in Germany.
Regulation: Cyprus Securities and Exchange Commission (CySEC – License number: 199/13)
Established in 2011
Trading Instruments: 250+ Shares, Indices, Forex, Commodities and Cryptocurrencies with CFDs
Traders from the following countries are not accepted: U.S., Canada, Japan, Sudan, Syria, or North Korea, UK
Segregated accounts for clients funds: yes
Trading Conditions and Features with BDSwiss
Commissions: No Commissions are charged for deposits and withdrawals
Spreads start from 1.2 Pips on major currency pairs
Leverage up to 1:400
Minimum trade size from 0.01 lots
Demo account: yes for unlimited time. Please get in touch with support to get the practice account
Currency pairs: 83
Registration: quick and easy, takes about 3 minutes
Minimum investment amount is $5
Languages: Arabic, Thai, Spanish, Italian, German, Russian, Malay, Vietnamese, English, Portuguese, Indonesian, Polish, Chinese, Czech, Korean
Metatrader 4: yes
Download platform: yes
Mobile trading: The mobile platform can be downloaded for free via Google Play or the App Store.
The BDSwiss Forex MT4 platform offers all you need to start trading including:
Easy to use interface
Regularly updated news feeds directly on the platform
Free preprogrammed analytical tools
The ability to overlay analytical studies
Multiple charting and analysis options
Daily account statements
Real time client account summary
Including account equity, floating profit and loss etc
Being compatible with BDSwiss Web Trader and mobile apps
BDSwiss Forex MT4 has taken the MetaTrader MT4 platform (the industry leading front end platform) and optimized it with the BDSwiss’ advanced technology to create a user-friendly trading interface designed to support traders of all levels.
The BDSwiss Forex MT4 platform is perfectly equipped for traders who wish to trade in the financial markets (forex, indices, commodities and more). All the necessary tools and resources needed to analyze price dynamics of financial instruments, make and edit trade transactions, create and use automated trading programs (Expert Advisors) are provided. This highly customizable platform allows traders to create a trading environment tailored to their preferences and trading strategies.
The BDSwiss WebTrader Platform, was exclusively developed in house to better cater to the needs of our growing client base. Focusing on simplicity, reliability, and performance, the BDSwiss WebTrader delivers an unparalleled trading experience accessible from all browsers and features exclusive trading tools including a built-in Trends Analysis feature, which gives traders a full overview of the biggest market opportunities, along with projected future price trends and optimal SL and TP levels.
An easy to use trade functionality
The BDSwiss WebTrader does not require downloading and it is fully synchronised to the downloadable versions of the MT4, allowing for live price monitoring via an advanced market watch. Translated in more than 20 languages, our WebTrader is designed to accommodate the needs of traders around the globe.
A feature-packed online platform
Designed to give you maximum control, the BDSwiss WebTrader enables you to access your account quickly and efficiently on any device. The BDSwiss WebTrader also features a vast array of analytical tools including the inbuilt Trends Analysis, a range of indicators and an intuitive order window that automatically calculates position size, leverage, stop loss, take profit and required margin.
How to open Trading Account?
- Load BDSwiss Sign In page.
- Enter your personal data (Name, email, phone number, etc)
- Upload your documents to verify the account. It is a legal procedure to check proof of your residents, through utility bill, your ID or similar.
- Complete questioner about your trading experience and expectations
- Once your account is activated you will get access to your account area.
- Next, once you learn all risks and benefits involved, you may proceed with funding.
- Almost instantly you will be able to start trading through BDSwiss platforms.
|Features||Classic Account||Raw Account||VIP Account|
|Account Currencies||EUR, USD, GBP, CHF,JPY||EUR, USD, GBP, CHF,JPY||EUR, USD, GBP, CHF,JPY|
|Available Leverage||Up to 1:30*||Up to 1:30*||Up to 1:30*|
|Starting Spreads||From 1.5 pips||From 0.0 pips||From 1.1 pips|
|Commission Per Trade||$0 on all pairs$2 on Indices0.15% on Shares||$0$2 on indices0.15% on shares||$0 on all pairs$0 per lot for Indices0.15% on Shares|
|Decimal Pricing||Up to 5 decimals||Up to 5 decimals||Up to 5 decimals|
|Trading Instruments||50 FX pairs5 Commodities10 Indices140+ Shares20 Cryptos||50 FX pairs5 Commodities10 Indices140+ Shares20 Cryptos||50 FX pairs5 Commodities10 Indices140+ Shares20 Cryptos|
|Min. Lot Size Per Trade||0.01||0.01||0.01|
|Max Lot Size Per Trade||50||10||50|
|Copy Trading Support||Yes||Yes||Yes|
Why to Trade with BD Swiss?
- Founded in 2012 and has overall satisfactory reputation over the internet
- Regulated by CySEC
- Segregated accounts for client funds
- The Cypriot Investment Compensation Fund provides additional coverage of up to €20,000.00 per individual account
- MetaTrader 4 platform
- Tight spreads as low as 1.2 pips
- Leverage for forex pairs up to 400:1
- Over 130 assets: Forex pairs (83), Indices (23); Commodities (18); and Treasuries (7)
- The minimum deposit amount with which you can start trading is $100; minimum trade volume is $5.
- The platform provides additional tools for profitable trading – an economic calendar, market analytics by professional traders, a blog, etc.
Deposits and Withdrawals
Acceptable BD Swiss payment options include:credit cards and bank wire transfers, Skrill, Neteller, GiroPay, Soforth, iDeal, and EPS
Minimum deposit requirement: $100
BDSwiss arranges withdrawal options with good range of supported payment methods, while the minimum withdrawal amount is $100, in most cases the withdrawals processed free of charge. Yet in case you would like to withdraw less than the mentioned amount the broker may add on a fixed processing fee of 10$.
Customer Support and Educational Material
At BDSwiss you can reach broker ‘s representative helpdesk 24/5. There are also personal account managers, complimentary product walk-throughs and live market analysis by experienced market analysts. Customer support available via live chat, email, or phone.
Educational resources provide tools traders need to understand the market and serve traders of all levels including in house live webinars, exclusive video courses and daily market news.
BDSwiss offers a comprehensive Trading Academy for those looking for structured courses. The Trading Academy is split into beginner, intermediate and advanced sections, though in truth, the advanced section is more suited to those with intermediate knowledge. Perhaps the better and more advanced educational material from BDSwiss comes in the form of weekly strategy webinars and frequent live seminars held at BDSwiss’ local offices around the world.
The Educational videos consist of five to six lessons with a quiz to summarize the content. It provides a great introduction to trading. Topics include CFD Trading, The Basics of Forex Trading, and Order Types, among others.
BDSwiss also provides a Forex Glossary in addition to a number of ebooks that are well-written and in-depth.
Webinars are free to non-clients and only require signup to participate. BDSwiss also offers Trading Talks is a 10-course recurring educational webinar that is held every two weeks. Once completed, webinars are added to the video library and combined with other educational videos about aspects of trading and market analysis.
How was the rating of DBSwiss performed compared to other brokers?
This 2023 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on DBSwiss FX broker performance and features.
Overall our online DBSwiss review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online DBSwiss or you find inaccurate details DBSwiss broker review please get in touch with us and the changes will be applied.