In this BDSwiss Broker Review, we give you an in-depth, unbiased overview of the trading conditions, safety, accounts and platforms, and instruments offered by them and give an honest opinion of trading with them.
BDSwiss is a globally recognised Forex broker that was founded in 2012 and is based in Zug, Switzerland.
They currently have a client base of over 1.6 million traders from around the world and they are regulated by top-tier agencies, such as FSC, BaFIN, CySEC and FSA.
We consider BDSwiss to be a low-risk broker because they are highly regulated and the initial minimum deposit requirement is reasonable.
They offer multiple account types that can be funded using GBP, USD or EUR and several payment methods are accepted.
As a BDSwiss client, you will be able to trade more than 50 currency pairs, along with a variety of Shares, Indices, Cryptocurrencies and Commodities.
USD 200 CySec, FSC, FSA, BaFin, NFA 📱 Platforms MT4, MT5, BDSwiss app Yes 💵 Account Currency EUR, USD, GBP, PLN, CHF, SEK, DKK, NOK Yes 1:500 🛒 Instruments Forex, Commodities, Shares, Indices, Cryptocurrencies
Minimum Deposit
Regulators
Islamic Account
Leverage
BDSwiss is one of our top-rated international brokers and we recommend them to all types of traders – from absolute beginners and casual traders, to professionals and strategy specialists.
Overview of BDSwiss:
| Year founded | 2012 |
| Headquarters | Zug, Switzerland |
| Client Base | 1.6 mil+ |
| Minimum deposit | $100 |
| Maximum leverage | 1:500 (Classic, VIP and Raw accounts)
1:1000 (Premium account) |
| Base currencies supported |
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| Instruments |
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| Regulations |
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| Swap-free accounts | Yes |
| Demo accounts | Yes |
| Account types: |
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| VIP, Referral Program or Active Trader | No |
| Customer Support |
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| Platforms |
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SAFE OR SCAM?
✅Client funds are held in segregated accounts with top financial institutions and will never be used to cover company expenses.
✅To further protect their clients, BDSwiss also guarantees Negative Balance Protection on accounts to prevent your account from ever having a negative balance.
✅BDSwiss is one of the safest online brokers you can trade with.
BDSwiss is regulated by:
- CySEC (Cyprus Securities and Exchange Commission)
- FSC (Financial Services Commission)
- BaFIN (Federal Financial Supervisory Authority)
- FSA (Financial Supervisory Authority)
Pros and Cons
| ✔️Pros | ❌Cons |
| Commission-free trading | 3 base currencies |
| Premium trading tools | No US clients |
| Instant, low-cost withdrawals | Inactivity penalised after 90 days |
| Suitable for beginners and pros |
Leverage
By leveraging your accounts, you can gain more exposure to the markets and you can trade instruments without initially paying the full price to open or close a trade.
How leverage works, is that you are borrowing funds from the broker to trade larger positions. The higher the leverage, the bigger your position – but this also means that you are indebted to your broker. Most trading instruments can be leveraged.
There are several benefits to using leverage:
- Profits are calculated using the full value of your position
- Gearing opportunities to increase the amount available for investment
- Going short and using leveraged instruments to speculate on market movements
- You can trade 24 hours on some instruments
But there are also some disadvantages to leveraged trading:
- Margin can magnify your loses
- Leveraged trading can prevent you from actually owning assets, depending on your account balance
- Margin calls can result in financial losses if positions move against you
- If you hold your leveraged trades open overnight, rollover fees will be charged
| 💳Account | 🔼Max. Leverage |
| Classic | 1:500 |
| Premium | 1:1000 |
| VIP | 1:500 |
| Raw | 1:500 |
If you are planning on leveraging your trades, proceed with caution because not only will you gain more exposure to the markets, but you will also significantly increase your exposure to investment risks and financial losses.
Accounts
BDSwiss offers 4 different types of accounts that are designed for all types of traders – from casual traders and beginners, to high-volume traders and professionals.
The spreads on these accounts range from 0.3 pips on the Raw account, to 1.5 pips on the Classic account.
All instruments can be traded on all 3 live accounts, as well as the demo account, but the Premium account only allows access to around 70 instruments and we recommend this account for Forex traders.
All accounts, except for the premium account, can also be converted to demo accounts and the Raw account is the only account that cannot be converted to a swap-free account.
The minimum deposits required range from 100 USD on the Classic account, to 5,000 USD on the Raw account (but the Raw account offers the tightest spreads).
BDSwiss account types:
- Classic
- Premium
- VIP
- Raw
- Swap-free
- Demo
BDSwiss Classic Account: (access to all instruments with small commission fees)
- Minimum deposit: $100
- Commission: $0 on all pairs; $2 on indices; 0.15% on shares
- Spreads: from 1.5 pips
- Instruments: 250+
- Demo version available: Yes
- Swap-free version available: Yes
- Maximum leverage: 1:500
BDSwiss Premium Account: (access to some instruments with tight spreads and no commission on FX)
- Minimum deposit: $100
- Commission: $0 on all pairs
- Spreads: from 1.1 pips
- Instruments: 70+
- Demo version available: No
- Swap-free version available: Yes
- Maximum leverage: 1:1000
BDSwiss VIP Account: (lowest commission with access to all instruments)
- Minimum deposit: $3,000
- Commission: $0 on all pairs; $0 on indices; 0.15% on shares
- Spreads: from 1.1 pips
- Instruments: 250+
- Demo version available: Yes
- Swap-free version available: Yes
- Maximum leverage: 1:500
- Additional features: Trading Alerts, Priority Services, Trade Companion, VIP Webinars
BDSwiss Raw Account: (tightest spreads, higher commission fees + access to all instruments)
- Minimum deposit: $5,000
- Commission: $5 on all pairs; $2 on indices; 0.15% on shares
- Spreads: from 0.3 pips
- Instruments: 250+
- Demo version available: Yes
- Swap-free version available: No
- Maximum leverage: 1:500
- Additional features: Trading Alerts, Priority Services, Trade Companion, VIP Webinars
Market Instruments
BDSwiss offers more than 250 tradable instruments, but we highly recommend trading with them if you want to trade Forex, Shares and/or Cryptocurrencies.
BDSwiss offers the following instruments:
- Forex (50+)
- Commodities (7+)
- Shares (60+)
- Indices (10)
- Cryptocurrencies (30)
BDSwiss Fees and Commissions
The minimum deposit required to activate a live trading account is $100. Deposits and withdrawals are free of charge when you use a credit card, but your bank or card provider might charge transaction fees.
When positions are beheld overnight, a rollover or swap fee is due. You should note that swaps are charged triple on Wednesdays.
Overall, trading costs are low.
Commission fees:
Classic account:
- $0 on all pairs
- $2 on indices
- 0.15% on shares
Premium account:
- $0 on all pairs
VIP account:
- $0 on all pairs
- $0 on indices
- 0.15% on shares
Raw account:
- $5 on all pairs
- $2 on indices
- 0.15% on shares
Deposits and Withdrawals
With BDSwiss, most deposits will take approximately 10 minutes to reflect in your account, but international bank transfers can take up to 5 working days (so avoid making deposits on Fridays) and local transfers can be processed within 24 hours.
💳 BDSwiss Payment methods:
- Credit/Debit cards
- Bank Wire transfers
- Skrill
- Neteller
There may be more payment methods available to you, depending on the country you live in, but there are a total of 151 deposit methods that are currently accepted.
Research and Educational Resources
BDSwiss offers a trading academy that provides a great variety of educational materials, including:
- A Learning Center
- Forex eBooks
- Live Education
- Lessons on Forex Basics
- Forex Glossary
- Educational Videos
- Seminars
🔍There are 19 lessons on the basics of Forex trading, which will help you with everything from setting up your account and using the BDSwiss apps, to using trend analysis and understanding support and resistance levels on your charts.
🔍BDSwiss also offers a range of in-depth eBooks that can be downloaded for free once you’ve registered your account with them. The eBooks they offer explore and explain the psychology of Forex trading and also explain how technical indicators work and how they should be used.
USD 200 CySec, FSC, FSA, BaFin, NFA 📱 Platforms MT4, MT5, BDSwiss app Yes 💵 Account Currency EUR, USD, GBP, PLN, CHF, SEK, DKK, NOK Yes 1:500 🛒 Instruments Forex, Commodities, Shares, Indices, CryptocurrenciesMinimum Deposit Regulators Islamic Account Leverage
🔍If you are a VIP account holder, you’re eligible for 1-on-1 coaching sessions with professional analysts from BDSwiss. You can choose any topic and request a time a day that suits you!
🔍There are also dozens of educational webinars that you can tune in to and you can watch live trading sessions to see the pros in action.
🔍To make sure you understand all the terms and concepts in Forex trading, you can keep the BDSwiss Forex glossary handy and learn all about the Forex jargon traders use.
Trading Platforms
BDSwiss offers an award-winning mobile trading app that can be used for convenient account management and hassle-free trading. This app comes with plenty of intuitive built-in trading tools and features and it is designed to be beginner-friendly.
The BDSwiss WebTrader can be used without downloading any software and it is fully synchronised to the downloadable versions of MetaTrader 4. You can also use the WebTrader to monitor price movements in real-time using the advanced market watch tool and the WebTrader is available in 20 international languages.
Using the BDSwiss WebTrader, you can conveniently access your account on any device and it comes with built-in trends analysis features, plenty of intuitive indicators and a multi-feature order window that helps you manage your orders with ease and accuracy. The BDSwiss WebTrader delivers a simplistic, user-friendly interface and it is compatible with most browsers.
Platforms supported:
- MetaTrader 4 – a popular trading platform
- MetaTrader 5 – the latest trading platform with more tools
- Web Trading – no need to download the software trade from your browser
- Desktop Trading – full account functionality available on your desktop
- Exness Mobile Trading – great functionality offered on Android and IOS
Additional platform support includes fee reports, technical analysis and support for multiple languages.
Trading Tools and Platform Features
We recommend choosing a broker that offers some basic tools that we believe are essential for successful trading, including:
- Drawing tools
- Trader’s Calculators
- News and Market updates
- Trading Signals
- Technical Indicators
BDSwiss Mobile app:
- Real-time Quotes
- Interactive Charts
- Full Transactions History
- 24/7 Crypto trading
BDSwiss offers the following standard tools:
- 24/5 Support
- Trading Academy
- Trading Central
- Instant Withdrawals
- Daily Market Analysis
- Technical Analysis
- Daily Videos
- Weekly Outlooks
- Market Insights
- Special Reports
- LIVE Webinars
- Economic Calendar
- VPS Service
- Trade Companion
- Trends Analysis
- Autochartist
- Trading Alerts
- Currency Heatmap
- Trading Calculators
As a MetaTrader-friendly broker, you will be able to use:
- MQL5
- Smart Trader Tools
- Autochartist
- Hedging tools
- 21 timeframes
- 38 built-in indicators
- over 2 000 free custom indicators
- 700 paid indicators
- Basic tools for graphic analysis
- One-Click-Trading
- Algorithmic trading
- MetaTrader Market
- Fundamental analysis news
Customer Support
The BDSwiss customer support team can be reached through telephone, live chat, web tickets and email.
24/5 support is offered in multiple languages and you can either call them directly or email them at [email protected]
Their current support response time is around 50 seconds.
☎️ Their direct telephone lines are as follows:
- German: +49 3021446991
- English: +44 2036705890
- Italian: +39 0689970124
- Spanish: +34 910756937
- French: +33 184671942
- Greek: +30 2111984082
- Portuguese: +351 308810611
- Brazilian: +55 6136861190
You can also visit the Help Center to view answers to some of the most commonly asked questions about account set-up and management, deposits and withdrawals, trading, VPS and troubleshooting.
They also provide video tutorials to show you how to use certain tools and platform features.
Awards
Not only is BDSwiss one of our most-trust brokers because they are strictly regulated, but they have also received many prestigious awards over the years.
🏆 2018:
- Best Trading App
🏆 2019:
- Best Trading App
- Best Trading Conditions
- Best trade Execution
🏆 2020:
- Best Partnership Program Asia
- Best FX and CFDs Provider
- Best Trading Conditions
- Best Market Research Provider
- Best Partnership Programme
🏆 2021:
- Best Mobile Trading Platform Europe
- Best FX Research & Education Provider
How To Open a BDSwiss Account
The BDSwiss account creation process is straightforward and you can easily create an account by following a few simple steps.
Follow these steps:
- Register for a trading account via the website
- Confirm credentials by providing supporting documents
- Await verification process to be completed
- Make your first trade!
Account creation can take up to 24 hours depending on whether you are applying for a demo account, a standard account or a professional account – but in most cases, accounts can be created within a couple of minutes.
The reason why you need to submit identification documents when applying for accounts with most regulated brokers is that they are trying to improve the safety of their platforms by eliminating fake accounts. They also need these documents for KYC requirements and to comply with any tax legislation laws – especially for high-net-worth clients and professional traders.
By submitting valid documents, you are also protecting yourself because you will be able to prove that your account belongs to you, should anything happen.
Regulated brokers will never leak your personal information, nor will they sell it or abuse it for personal gain, which is why it is so important to trade with a broker that you can trust.
Conclusion
BDSwiss is an award-winning broker with many years of experience in the Forex trading industry.
They offer a great range of tradable instruments that you can buy, sell or invest in to diversify your portfolio any way you please.
They also provide an abundance of high-quality educational resources with flexible demo accounts, making them the perfect broker for first-time traders.
There are over 100 payment methods that you can use to fund your account and with multiple flexible accounts to choose from, we believe that BDSwiss offers an account for every type of trader.
USD 200 CySec, FSC, FSA, BaFin, NFA 📱 Platforms MT4, MT5, BDSwiss app Yes 💵 Account Currency EUR, USD, GBP, PLN, CHF, SEK, DKK, NOK Yes 1:500 🛒 Instruments Forex, Commodities, Shares, Indices, CryptocurrenciesMinimum Deposit Regulators Islamic Account Leverage
We recommend BDSwiss to all types of traders and we hope that this BDSwiss Broker review has answered some of the questions you had about trading with them.
Start your trading career with them today for only $100 and start building the investment portfolio you’ve always wanted.
Good luck with your trading!
FAQ
Is BDSwiss regulated and safe to trade with?
Yes, they are regulated by:
- CySEC
- FSC
- BaFIN
- FSA
What is BDSwiss’s minimum deposit requirement?
$100
What base currencies does BDSwiss support?
You can fund your account using:
- GBP
- EUR
- USD
What payment methods does BDSwiss accept?
BDSwiss Payment methods:
- Credit/Debit cards
- Bank Wire transfers
- Skrill
- Neteller
What account types does BDSwiss offer?
BDSwiss account types:
- Classic
- Premium
- VIP
- Raw
- Swap-free
- Demo
Does BDSwiss offer demo accounts?
Yes
Does BDSwiss offer swap-free accounts?
Yes
What leverage does BDSwiss offer?
- Up to 1:500 on the Classic, VIP and Raw accounts
- Up to 1:1000 on the Premium account
What spreads does BDSwiss offer?
- Classic account: 1.5
- Premium account: 1.1
- VIP account: 1.1
- Raw account: 0.3
What platforms can I use with BDSwiss?
There are several different platforms that you can use:
- MT4
- MT5
- BDSwiss Mobile App
- BDSwiss WebTrader
Is BDSwiss not available in some countries?
Not available in: USA
Disclaimer
Remember, 75% of retail investors lose money when trading CFDs and there is a high risk of losing your capital in the forex markets.
The information on this website is in no way intended to be used as financial advice and opening an account with any broker is done at your own discretion and risk.
