BDSwiss Review: UK Edition 2023

BDSwiss Review: UK Edition 2023

deposit of $

What about the names of the founding members of this brokerage firm? There has to be a few people who gathered and created this platform. How about the name of the CEO or CFO of their mother company? A good reason why these names are missing is because scammers don’t want to be known.

These are extremely volatile, distributed, and used to diversify portfolios. CFDs are used for trading the price movements of the world’s most popular cryptocurrencies, such as Bitcoin, Litecoin, Ripple, and Ethereum. Because I deposited $200, and I have to deposit $300 worth of premium upgrade to withdraw my final profit. Hi Erik, sure, just contact your personal account manager and explain the situation.

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BDS review is deemed to be positive when it has such a range. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. 18.2.7 Withdrawals should be made using the same method used by the Client to fund his trading account and to the same remitter. Traders at only can withdraw profits if they can deposit and withdraw via bank wire with IBAN number. To assist you with this query further we would like to kindly invite you contact us directly at and our Team will happily provide you with more details. Please contact our support Team directly either via live chat through the BDSwiss website or via email at and a member of our Team will be able to assist you further with your query.

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BDSwiss received a low score in our Trust and Stability category as the broker is regulated by Tier-3 regulators, which offer lower levels of protection in comparison with the Tier-1 regulators. When choosing a broker, trustworthiness is one of the most important things to keep in mind. Always check the broker’s regulations, know how financially secure the firm is, and find out whether the broker is transparent and reliable. These factors, calculated into our score, will help you understand if your money is safe.

Minimum option size

By maintaining optimum support and assistance, BDSwiss also educates its clients through its Trading Academy. Of course, BDSwiss developed its Mobile App as well, which actually is highly rewarded by traders and publications. See more details in our BDSwiss Review and summary section. Funding and withdrawals has been very easy to perform although there is still goo many days to receive the deposit to my card account. Yes, trading via BDSwiss is a nice and decent experience indeed.

  • BDSwiss allows traders to trade on mobile devices through Android and iOS devices.
  • If a client falls into a negative trading balance, BDSwiss will adjust the total negative amount so that the client does not suffer any loss.
  • The company was awarded for its in-house developed mobile trading app which offers easy access to more than 250 instruments from 6 asset classes to online traders.
  • Overall, BDSwiss provides a range of payment methods, and although deposits are free, BDSwiss charges high withdrawal fees for low withdrawal amounts, which is not common in the industry.
  • To gain access to our award-winning platforms, professional charting tools, cutting-edge market information, and more, create an account.

If you are a trader of bigger size and prefer commission basis then Raw Account is your choice. The Raw account offers an interbank spread averaging 0.3 for EURUSD and commission paid per transaction opening which is 5$. Account holders can send and receive funds using an e-wallet, a virtual bank account number in a local currency or a re-loadable prepaid MasterCard debit card. Money received can then be withdrawn to a bank account or used online / at points of sale with the Payoneer debit card. The company specializes in facilitating cross-border B2B payments. It provides cross-border transactions in 200 countries and territories and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services.

Can you trade metals with BDSwiss?

BDSwiss is a forex broker with its head office in Mauritius and provides a range of tools for trading. Since its start in 2012 they have emerged as a leading player in the industry of online trading. BDSwiss has a highly competitive and full-featured trading website that’s focused on forex, indices, metals, stocks and commodities. BDSwiss account typesAccount types are part of a good broker.This makes it possible to respond more specifically to the wishes of traders.

  • Thanks to years of professional trading, we know how to spot scams from a mile away.
  • As such, it represents a less capable version of the MT4/MT5 web versions.
  • These accounts have a minimum deposit requirement of $500, which is also rather accessible for beginners.
  • What this means is BDSwiss is pooling funds to one single account.
  • Over the past 11 years, BDSwiss has grown into one of the best online brokers available to the public.

Generally, BDSwiss does not charge high fees in comparison to other online brokers. For operations other agents fee for, they do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for those who often trade, for example weekly or daily trading. You can start using the MetaTrader 4 platform with BDSwiss in multiple formats including through an online web platform, or through a downloadable application for Windows PC’s and Mac’s.

Company activitySee all

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.


Also, does not charge any fees on credit card/electronic wallet deposits as well. Also, you may compare BDSwiss fees to its peer BlackBull markets and other popular brokers listed below. But, just like all online brokerages, it is important to note that traders can also lose money. In particular, Trading in Forex / CFDs and Other Derivatives is highly speculative and carries a high level of risk. These products may not be suitable for everyone and you should ensure that you understand the risks involved.

Does BDSwiss accept credit cards?

As we mentioned in the above section of our BDSwiss Review, there are 3 main contact options all available on every page of the site. Customer support is available 24 hours, however not on weekends. The live chat works well and is available in a variety of languages. At first, you are directed to a bot, however, you can quickly be put through to a competent live agent who responds within seconds. While this does mean it may take time, the advantage is that it comes at no cost to you. Email support is contacted via a form on the website and is useful for more detailed enquiries, however, it is naturally the slowest point of contact.

financial markets

While BDSwiss provide you all the tools to make money, they can’t guarantee you will gain. Over 10,000+ users registered with them can affirm to their trustworthy nature. If you want to further protect your account, it is possible to empower Two-Step Verification also. It takes an SMS affirmation for you to access your accounts.

Financing or overnight prices are people that are billed when you maintain a leveraged position for more than a day. As per the company’s privacy regulations, client information is never to be shared with some other institutions or individuals. BDSwiss, as a business, has a powerful collection of rules for ensuring honest trading on its platform. For data encryption functions, it supplies an industry-standard secure socket layer .

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. Mr. Gittler’s analysis is often quoted by major media such as Reuters, CNN and Bloomberg.

Over the past 11 years, bdswiss forex broker review has grown into one of the best online brokers available to the public. To deposit and withdraw at BDSwiss you can choose between wire, credit cards and Skrill (Moneybookers. Whether you’re a beginner, marketer, web designer or developer, Spectra includes all the tools and resources you can trust to succeed online. The company, which has been on the market for many years and has proven itself since 2012, makes a very serious impression on me. With many licenses, the company shines in the area of customer confidence. 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.

Research options provided by brokers may not be seen as the most important feature for some traders, but they can give you an edge over the competition. Staying on top of important market news announcements and being aware of big themes can be very helpful. The rating system provides a clear picture of how well your broker fulfills this service. It’s a good idea to use the demo account for practicing and learning the trading platform, but do not spend too much time on the demo.

The broker provides a negative balance protection policy, which ensures that clients cannot lose more money than they deposited in their accounts. Each regulator has its requirements for brokers, which may differ materially. Such requirements include leverage levels and specific protections offered to investors, including negative balance protection, segregated accounts, and investor compensation funds. Traders must understand the differences between regulations to evaluate whether the broker suits their needs. Vladimir is an independent trader and analyst with over 10 years of experience in the financial markets. He is a specialist in stocks, futures, Forex, indices, and commodities areas using long-term positional trading and swing trading.

Thus, it’s a less powerful version of the MT4 and MT5 web versions. Lastly, we wish you all the best in your Forex trading experience. What should be done is adding this broker to our scam blacklist. After making sure this broker is exposed, authorities are asked to investigate and shut this website down. Stay away from brokers who lack proper licensing credentials and simply want you to deposit with them. By partnering with Crypto Mining companies, you can now start making money with digital currency.

Overall, the best and quickest way to contact BDSwiss customer support is via the live chat. I just lost 50% of my account balance because of a silly trader called Michael whom i was told was the best trader and now they want me to deposit more money! Trading accounts start at $100 for Classic, $3,000 for VIP, and $5,000 for RAW. The main difference between them is the spread, which starts at 1.5 pips for Classic, 1.1 pips for VIP and 0.3 pips for RAW .

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In addition to that, the company’s experts regularly conduct exclusive webinars, release market reviews, and provide other free educational materials. Another way of receiving help with trading is turning to your personal manager or customer support. BDSwiss has paid a lot of attention to mobile apps which allow you to trade from any location which has Internet access. The mobile version of the platform differs from the desktop version only in location and size of the interface elements; otherwise, it offers a virtually identical set of features and operates just as fast. The app is automatically synchronized with the web platform in real time, which means you can use both of them interchangeably with the same BDSwiss account. The mobile platform can be downloaded for free via Google Play or the App Store.

Traders need to ensure that they understand their risk exposure and determine whether the risk involved is suited to them before making trading decisions that could result in loss of capital. The BDSwiss education section is another area in which they shine through. They have a whole range of video content which they have brought into the BDSwiss trading academy structure and broken into three distinct levels, beginner, intermediate, and advanced. This means no matter what your skill level, this forex broker has something on offer to help you develop.

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