BDSwiss Review

Review sections

• Investor Protection & Regulations
• Tradable Products
• Account Opening
• Deposit & Withdrawals options
• Web & Desktop Trading Platforms
• Mobile Trading Platforms
• Trading Features
• Commissions & Spreads
• Bonus & Promotions
• Customer Support
• Research
• Trader Education
• Trading Experience
• FAQ
• Conclusion

BDSwiss Video Review

Investor Protection & Regulations

“BDSwiss is a registered trademark of BDSwiss Holding Ltd which is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), Financial Services Authority (FSA) Seychelles and by the Mauritius Financial Services Authority (FSC).”

BDSwiss is a registered trademark of BDSwiss Holding Ltd which is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), as shown on the regulator’s register below:

BDSwiss Holding Ltd includes various other entities which are authorised and regulated in their own jurisdictions that include:

• BDS Ltd – authorised and regulated by Financial Services Authority (FSA) Seychelles.
• BDS Markets – authorised and regulated by the Mauritius Financial Services Authority (FSC).
• BDSwiss GmbH – registered by The Federal Financial Supervisory Authority (Bafin).

BDSwiss provides further security of client funds by following the below regulatory requirements from CySEC:

• Holding clients funds separate from company funds.
• Providing a negative balance protection policy.

Tradable Products

“BDSwiss offers clients the ability to trade on more than 250+ markets covering Forex, Commodities, Shares and Indices.”

BDSwiss offers clients the ability to trade on more than 250+ markets covering Forex, Commodities, Shares and Indices. Below is a list of just some of the available markets for trading:

* Details regarding the available assets are taken from the BDSwiss website and trading platform and are correct at the time of this review. You can find a more detailed list here.

Trading costs such as spreads and overnight funding (swap) rates vary depending on the account type opened and instrument being traded and are covered further down this review.

Account Opening

“BDSwiss offers clients three main account types called Classic, VIP and Raw. They also provide demo and Islamic (swap-free) accounts.”

BDSwiss offers clients three main account types called Classic, VIP and Raw. They also provide demo and Islamic (swap-free) accounts. The main features of each account are summarised in the below table:

Users can open a new account in just five steps which are described below:

1. Sign Up: Name, date of birth, country of residence, contact number, email and password.
2. Appropriateness Test: Knowledge demonstration, financial situation and previous trading experience related questions.
3. Economic Profile: Additional questions on income, the origin of funds, nature of transactions, country of tax residence and more.
4. Personal Profile: Details of address and nationality.
5. Verification Documents: Submit proof of identity (ID or passport) and proof of residence (utility bill or bank statement – not more than 3 months old.)

The client portal is shown below:

BDSwiss Ltd does not accept clients from the following restricted countries: Belgium, Democratic Republic of Congo, Eritrea, Japan, Libyan Arab Jamahiriya, Mauritius, North Korea, Seychelles, Somalia, Sudan, United States.

Deposit & Withdrawals Options

“BDSwiss offers clients the ability to deposit and withdraw funds using a variety of methods including debit/credit card, bank wire, Skrill, Neteller, PayPal and more.”

BDSwiss offers clients the ability to deposit and withdraw funds using a variety of methods including debit/credit card, bank wire, Skrill, Neteller, PayPal and more. Deposits are fee-free but any withdrawal amount of 20 EUR or less will incur a charge of 10 EUR. The same charge applies to wires less than 100 EUR.

All deposits are processed immediately except bank wire which can take between 1- 4 days and withdrawals are processed within 24 hours.

Clients can deposit and withdraw funds through the client portal under the ‘Payments’ section.

Web & Desktop Trading Platforms

“BDSwiss offers clients the ability to trade on its own proprietary WebTrader platform as well as the MetaTrader 4 and Metatrader 5 platforms.”

BDSwiss offers clients the ability to trade on its own proprietary WebTrader platform as well as the MetaTrader 4 and Metatrader 5 platforms. The platform features are highlighted below:

BDSwiss WebTrader

• Built-in Trends Analysis feature
• Cutting-edge Charting, Indicators & Analysis
• Clean & User-Friendly Interface
• No download – Cross Browser Compatibility

BDSwiss MetaTrader 4

• Easy to use interface
• 24 analytical objects
• 30 built-in indicators
• Expert Advisors

BDSwiss MetaTrader 5

• 21 timeframes
• 40+ analytical objects
• 80 built-in indicators
• Advanced Charting

A screenshot of the BDSwiss WebTrader platform is shown below and is covered in more detail in the video review.

Mobile Trading Platforms

“BDSwiss offers clients the ability to access mobile trading on the go from the BDSwiss Mobile App for Android and iOS systems.”

BDSwiss offers clients the ability to access mobile trading on the go from the BDSwiss Mobile App for Android and iOS systems which can be downloaded from the Google PlayStore or Apple AppStore respectively.

The BDSwiss Mobile App mobile trading app provides a range of different features including:

• 250+ Available Forex & CFD assets
• Real-time pricing and interactive charts
• Live trading on the go
• Deposit and withdrawal functionality

The BDSwiss mobile trading app is covered in more detail in the video review.

Trading Features

“BDSwiss offers clients access to Autochartist, an automated analysis tool that provides alerts and trading opportunities on a wide variety of asset classes.”

BDSwiss offers clients access to AutoChartist, an automated analysis tool that provides alerts and trading opportunities across 250+ markets.

Additionally, the broker offers a unique Trends Analysis tool that was developed in partnership with AutoChartist to allow clients to discover emerging and recently completed trends for hundreds of assets as well as view pattern overlays and projected price trends which can be applied to live charts.

The Trends Analysis tool is built-in to the BDSwiss WebTrader platform and all clients can access 50 trends on major assets including forex, shares and indices. However, VIP clients can benefit from over 500 trends on all CFDs and exotics.

Commissions & Spreads

“Trading costs with BDSwiss vary, depending on account type and the market traded, with some commission-free and some commission-based.”

Trading costs with BDSwiss vary, depending on account type and the market traded, with some commission-free and some commission-based. For example, share trading is commission-based across all three account types but forex and index trading commissions vary.

The below table shows the trading costs for each account type:

For Non-Islamic accounts, overnight funding or ‘swap’ fees are charged on positions that remain open overnight (22:00) GMT. If positions are being held over the weekend a three-day ‘swap’ charge will be charged on Wednesdays.

There is also an inactivity fee charged after 90 days if no trading activity has taken place. Inactive accounts are charged with 10% of the account balance each month, with the minimum amount charged being €25 or trading account currency equivalent, and the maximum amount charged being €49.90 until the account balance is €0.

Bonus & Promotions

“In accordance with regulatory restrictions, BDSwiss does not offer any bonuses or promotions.”

In accordance with regulatory restrictions, BDSwiss does not offer any bonuses or promotions.

Customer Support

“BDSwiss offers multilingual customer support 24/5 via phone, email and live chat, and allows clients to submit enquiries through a form on the ‘Contact Us’ page. The live chat function also features a variety of pre-set questions and answers.”

BDSwiss offers multilingual (English, French, German, Italian, Spanish, Portuguese, Greek) customer support 24/5 via phone, email and live chat. The live chat function also features a variety of pre-set questions covering deposits and withdrawals, trading issues, password reset, leverage and more.

Clients also have the option to connect with a live agent and after submitting a question we were connected to an agent who answered our question within 10 seconds, as shown below:

The Help & Support section of the website also answers a large number of questions on accounts, deposits and withdrawals, trading and troubleshooting.

Contact Information:

Address: Apostolou Andrea Street 11, Hyper Tower, 5th Floor, Limassol 4007, Cyprus.

Email: support@bdswiss.com

Phone: +44 2036705890 (English)

Social Media:

• Facebook
• Twitter
• LinkedIn
• YouTube

Research

“BDSwiss offers a wide variety of market research and tools including Daily Market Analysis, Technical Analysis, Daily Videos, Weekly Outlook, an Economic Calendar and more.”

BDSwiss offers a wide variety of market research and tools including Daily Market Analysis, Technical Analysis, Daily Videos, Weekly Outlook, an Economic Calendar and more. A brief summary of the main research and tools available are given below:

• Daily Market Analysis: Latest market events covering currencies, equity and commodity markets as well as global economic events.
• Technical Analysis: Price chart analysis on currency, equity and commodity markets.
• Daily Videos: Analysis videos and insightful webinars, hosted by BDSwiss’ professional analysts and traders.
• Weekly Outlook: Covers economic news and events of the past and coming week.
• Market Insights: Articles that cover the latest key market events both in the past and future.
• Special Reports: Longer-term global market outlook with insights and forecasts across various markets.

Additional research tools include an economic calendar that clients can use to keep up with current and future economic events, trading alerts delivered via Telegram by BDSwiss analysts (for VIP clients only), currency heat maps and several types of trading calculators including margin, pip/point value, swap and currency convertor.

The research is regularly updated and is available through a variety of mediums including articles and videos. The content is high-quality and provided by BDSwiss’ research and trading team who have been featured in world-leading publications.

Trader Education

“BDSwiss offers extensive educational material through their Trading Academy which features a range of Beginner, Intermediate and Advanced Video Courses, a Forex Glossary, Forex Basic Lessons, Webinars, 1-2-1 VIP sessions and Seminars.”

BDSwiss offers extensive educational material through their Trading Academy which features a range of Beginner, Intermediate and Advanced Video Courses covering topics such as “How to place a trade” to “Using Major Indicators & Moving Averages”.

There are several videos to go through at each difficulty to help clients gain a comprehensive understanding of trading principles and methodology. They are all well produced and informative.

Additional resources also include:

• Forex Glossary: Details the most important terms and definitions that clients may encounter on your trading journey.
• Forex Basic Lessons: Introduction to the basics of trading Forex and CFDs with BDSwiss.
• Webinars: Learn how to interpret charts, develop strategies and watch BDSwiss’ experts trade key market events live.
• 1-2-1 VIP Sessions: Benefit from a unique opportunity to have a 30-minute private discussion with BDSwiss’ professional traders (only available for VIP clients).
• Seminars: Delivers key market updates and teaches traders of all skill levels how to potentially improve their trading strategy.

Trading Experience

“BDSwiss provides a great all-round service to clients allowing them to access over 250+ markets covering Forex, Commodities, Shares and Indices all through its proprietary WebTrader platform and the MetaTrader 4 and MetaTrader 5 platforms.”

From our observations, BDSwiss provides a comprehensive and highly competitive trading offering. Clients can choose from commission-free and commission-based trading accounts accessing over 250+ markets covering Forex, Commodities, Shares and Indices.

The broker’s web-based Advanced Trader platform is also feature-rich and integrates with one of the most popular charting platforms – TradingView. BDSwiss’ partnership with AutoChartist has also enabled clients to access the Trends Analysis tool which allows clients to scan and discover emerging and recently completed trends for hundreds of assets.

Research and educational material are also great and covers content that is relevant, detailed and updated regularly through a variety of mediums including articles and videos. Clients with a VIP account can also benefit from a unique opportunity to book a 30-minute session with one of BDSwiss’ professional traders to discuss any topic of their choosing.

FAQ

Is BDSwiss regulated?

BDSwiss is a registered trademark of BDSwiss Holding Ltd which is authorised and regulated by the Cyprus Securities and Exchange Commission (CySec).

Where is BDSwiss based?

Apostolou Andrea Street 11, Hyper Tower, 5th Floor, Limassol 4007, Cyprus.

How does BDSwiss make money?

BDSwiss makes money mainly through commissions, spreads and swaps on certain asset classes.

How do I deposit in BDSwiss account?

Funds can be deposited into a trading account via debit/credit card, bank wire, Skrill, Neteller, PayPal and more.

What is the min. deposit for BDSwiss?

The minimum deposit is $100.

How do I withdraw money from BDSwiss?

Withdrawals can be made via debit/credit card, bank wire, Skrill, Neteller, PayPal and more.

What is the max leverage in BDSwiss?

1:30.

How do I open an account with BDSwiss?

An account can be opened at the click of a button on the BDSwiss website and can be done in just a few steps.

Does BDSwiss use MetaTrader?

Yes, MetaTrader 4 and MetaTrader 5.

Conclusion

“BDSwiss is a registered trademark of BDSwiss Holding Ltd which is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). The broker offers clients access to trade on more than 250+ financial instruments covering Forex, Commodities, Shares and Indices all through its proprietary WebTrader platform and the globally recognised MetaTrader 4 and MetaTrader 5 platforms.”

BDSwiss was founded in 2012 and is a registered trademark of BDSwiss Holding Ltd which is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), Financial Services Authority (FSA) Seychelles and by the Mauritius Financial Services Authority (FSC). The focus for this review is the services offered on the EU website and as such is under the CySEC regulation.

BDSwiss offers clients access to trade on more than 250+ financial instruments covering Forex, Commodities, Shares and Indices all through its proprietary WebTrader platform and the globally recognised MetaTrader 4 and MetaTrader 5 platforms.

Clients can choose from three account types called Classic, VIP and Raw which offer various commission-free and commission-based structures. Share CFDs are not available for commission-free trading on any account type but all accounts provide competitive spreads. Islamic and demo accounts are also available.

Deposits are fee-free and include a range of popular payment methods such as Debit/Credit Card, Bank Transfer, PayPal, Skrill, Neteller and more. However, there are charges for any funds withdrawn below a minimum threshold. There is also an inactivity fee after 90 days of no trading activity.

There is a range of research and educational material available which includes Daily Market Analysis, Technical Analysis, an Economic Calendar, AutoChartist, Trends Analysis, Trading Academy, 1-2-1 VIP sessions, Seminars and more. The broker also offers multilingual customer support 24/5 via phone, email and live chat, and allows clients to submit enquiries through a form on the ‘Contact Us’ page.

• CySEC regulated.
• Commission-free trading available on non-share CFDs.
• Tons of research and education material.
• MetaTrader 4 and MetaTrader 5 platform available.