Online Trading CA

BDSwiss Review

Since its inception in 2012, BDSwiss has stormed the online trading scene with its carefully curated mix of products and services designed with a range of clientele in mind.  1.5M+ Registered Accounts $84B+ Trading Volume (Avg. Monthly Trading Volume) Clients from 186 Countries. BDSwiss goes the extra mile by hosting ample educational resources, providing up-to-date market research, and supplying exemplary customer support.

Beyond support, educational resources, and regularly posted analysis, BDSwiss supports the advanced tools desired by both professional traders and institutional clients. Additionally, the inclusion of services like Autochartist, professional fund management solutions, real-time alerts, and VPS connectivity ensures that all its clients come to market armed with all the right resources. From raw variable spreads that can start as low as 0.0 pips to institutional grade liquidity and rapid execution, traders of all levels will be able to enjoy and appreciate the exceptional value that BDSwiss delivers.

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BDSwiss Pros & Cons
Pros
  • Ultra-low spreads and affordable commissions
  • Excellent liquidity and rapid execution
  • Feature rich value-added tools like Autochartist and trading alerts
  • Superb educational materials and daily market webinars
  • Highly accessible and user-friendly customer support channels
Cons
  • No US citizens currently accepted by the platform
Who Is BDSwiss Recommended For?

Thanks to an exceptionally well-rounded platform that focuses on supplying superior execution and competitive pricing, all manner of investors will be able to find value across BDSwiss’ offerings. Experienced traders can appreciate familiar tools like MetaTrader 4 and MetaTrader 5 along with straight-through processing execution and regularly updated market news.

Newcomers seeking more experience are also welcome to the platform thanks to demo accounts, low starting deposit amounts, extensive educational courses available through the Trading Academy and even daily webinars designed to keep traders informed of daily changes in market conditions.

Top BDSwiss Features
  • Award Winning Trading Conditions: Between extremely narrow starting spreads to institutional grade liquidity and robust tools, BDSwiss provides excellent conditions. The broker has been recognized for its excellent offerings by World Finance, which presented BDSwiss with the Best Trading Conditions award for 2019. We also won this award for 2020
  • Institutional Grade Liquidity: BDSwiss endeavors to provide traders with the very best possible trading ecosystem, which extends to its exceptional liquidity strategy. Traders are invited to access ultra-low spreads, stunningly fast execution, and deep liquidity from top-tier providers for all assets available through the platform.
  • Live Market Coverage: Keeping traders informed is one of BDSwiss’s best features, with significant effort devoted to providing live market analysis through daily webinars, real-time trading sessions during key events as they unfold, and daily trading alerts.
  • Complimentary Analysis Tools: BDSwiss clients gain access to a treasure trove of resources, including complimentary analysis tools like Autochartist, correlating signals, VIP trading alerts, and exclusive webinars. In addition, educational materials that include video courses ranging from beginner topics to advanced subjects round out a well-designed investor ecosystem.
BDSwiss Overview
  • Type of Broker Market-Maker/STP Broker
  • Regulation & Licensing Financial Services Commission (FSC), Mauritius National Futures Association, SEY
  • Accepted Jurisdictions 186 countries
  • Assets Offered Currencies, Commodities, Indices, Shares, Cryptocurrencies, ETFs
  • Platforms Available MetaTrader 4 (Desktop, Web, Mobile), MetaTrader 5 (Desktop, Web, Mobile), BDSwiss Mobile app, BDSwiss WebTrader
  • Payment Types Accepted Credit/Debit Card, Bank Transfer, Skrill, Neteller, Giropay, Sofort, EPS, iDeal, Dotpay
Trading Platforms
  • MetaTrader 4 by Meta Quotes
  • MetaTrader 5 by Meta Quotes
Trading and Investment Tools
  • One Click Trading: Yes
  • Trade off Charts: Yes
  • Email Alerts: Yes
  • Mobile Alerts: Yes
  • Stop Order: Yes
  • Market Order: Yes
  • Trailing Stop Order: Yes
  • OCO Orders: NOT AVAILABLE
  • Limit Order: Yes
  • 24hr Trading: Yes
  • Charting Package: Yes
  • Streaming News Feed: Yes
BDSwiss Compliance & Regulation

Delivering award-winning services to clients from 173 countries begins with the robust compliance process BDSwiss has put in place. The evidence is clear right from the registration phase thanks to a verification process that includes the normal proof of identity and proof of address documentation before registrants complete an appropriateness test and economic profile to determine suitability. Apart from complying with strict anti-money laundering rules, BDSwiss Holding PLC is also a member of the Financial Commission, which entitles clients to up to EUR 20,000 in compensation through the Investor Compensation Fund if disputes lodged are mediated in their favor.

In addition to its compliance practices and investor protections, BDSwiss is regulated by the Mauritius Financial Services Commission, and registered with the United States National Futures Association. Although US clients are still not eligible to join the platform, the latter regulatory license could pave the way for US clients to join this online trading platform in the future.  All client funds are kept separate from BDSwiss’ operational funds in segregated accounts, adding an extra layer of security. Ultimately, BDSwiss regulatory licensing assures clients that they are trading in a safe and reliable ecosystem that protects their interests.

BDSwiss Pricing

Unlike other brokers with a large array of account types with different features, BDSwiss takes a very straightforward approach to its offerings. Clients interested in opening a Raw Account need to deposit a minimum of $5,000, for a VIP Account they need to meet a $3,000 minimum deposit requirement and for the Classic Account the minimum starting deposit is set at $100 and variable spreads that start as low as 1.5 pips.

The Classic account type encounters commissions for trading in indices and shares, but at $2 per lot (indices) and 0.15% per trade (shares), these fees are very affordable. The VIP account type features lower spreads, $0 commissions on all indices and 0.15% per trade on shares. Raw Accounts offer direct liquidity with spreads starting at 0.0 pips but charge a $5 standard commission per round lot on all forex and gold pairs. All accounts are exposed to swap and rollover, although there is one exception. Shariah-compliant Islamic accounts, which are only compatible with the VIP Account type, are excluded from swap and rollover requirements. Islamic Accounts are available under both Classic & VIP accounts

Deposits to client accounts incur no charges from BDSwiss, and withdrawals are processed exceptionally fast, with the company touting average withdrawal times of 5 hours. Although there are no fees for withdrawals to credit cards, other withdrawal methods like bank wire transfers may incur fees of EUR 10 for withdrawals below EUR 100.  For accounts which have been inactive for more than 90 days, a fee ranging between EUR 25.00 to EUR 49.90 will be assessed each month depending on the balance until the balance reaches zero.

Service Details
  • Supported Languages: DE, FR, EN, EL, IT, PT, ES,AR
  • Customer Service By: Phone, Email, Live Chat
  • Customer Service Hours: 24/5
  • Telephone Orders: We do not accept orders for clients over the phone
  • Personal Account Manager: With a depost of min $1000 Classic Account Clients can have access to a Personal Account Manager
BDSwiss Reliability & Security

To provide clients with the very best trading conditions available, BDSwiss focuses intently on delivering quality execution through a combination of excellent liquidity supplied by top tier providers and reliable technology.  Apart from offering clients market access through MetaTrader 4, which is known for its uptime, connectivity, and overall reliability, BDSwiss clients also can use MetaTrader 5 which is available to all account types.

For both experienced investors and newcomers, BDSwiss provides all the tools and applications needed to access the market and trade without barriers.  In addition, the proprietary WebTrader and Mobile app developed by BDSwiss support outstanding functionality and connectivity, ensuring that clients can remain connected from any location. If clients encounter any issues or have any inquiries related to BDSwiss services, they have multiple ways to reach customer support representatives 24 hours a day, 5 days a week.  Representatives are available via Phone, Email, Livechat in the above languages. For clients comfortable finding their own answers to common questions, the FAQ section of the website covers major topics from registration all the way to trading.

BDSwiss User Experience

The client-centric focus of BDSwiss is the basis for its exceptional service, and others have taken notice.  Apart from being the recipient of the Best Trading App award for 2018 and 2019 from Mobile Star Awards, BDSwiss was named the winner of the Best Trading Conditions 2019 award by World Finance, 2020 BEST MARKET RESEARCH PROVIDER Fx Scouts Awards, 2020 & 2019 BEST TRADING CONDITIONS World Finance Awards, 2020 BEST FX & CFDs PROVIDER International Investor Awards, 2020 BEST PARTNERSHIP PROGRAM ASIA Global Banking & Finance Awards, 2021 BEST MOBILE TRADING PLATFORM EUROPE Global Banking & Finance Awards, 2021 BEST FX RESEARCH & EDUCATION PROVIDER World Finance Awards. Users can sign up and verify their accounts using the app as well. Users can visit the portal to check the status of their accounts, deposit or withdraw funds, change address, and even create new accounts. Withdrawals are processed within 24HRS and become visible in the client's bank account within 10min to a maximum 10 working days depending on the payment method used.

The user journey through the platform is designed to be simple and intuitive, yet still feature-rich and highly functional to serve the needs of more experienced traders.  Aside from being able to access the proprietary WebTrader platform directly from the client portal, the mobile application can be used to manage every account activity from the convenience of a mobile device, all without sacrificing functionality.  Everything from the compliance and verification processes all the way through deposits and trading can be handled from the clear-cut and effortless interface.

Final Thoughts on BDSwiss

The award-winning BDSwiss trading platform lives up to its reputation as a feature-rich online ecosystem that presents both newcomers and experienced investors with excellent trading conditions. Between its own proprietary WebTrader and mobile application to the daily webinars hosted by the company’s analysts, BDSwiss presents clients with many value-added tools and services designed to perfectly complement their trading experience.  Any level of trader can find a suitable account type to match their unique trading needs, including those who prefer to have their funds passively managed, or those who have professional experience they wish to share.

The inclusion of low spreads and first-rate liquidity ensures that trade execution is always seamless.  Additionally, if clients encounter any difficulties, the especially accommodating and knowledgeable support team is available in 7 languages through local phone numbers/ 20 languages via live chat. Live Chat Support is primarly available in the following languages: EN/ FR/ IT/ DE/ AR/ ES / PT/ GR. Between these characteristics and the added protections afforded by regulation in multiple jurisdictions and insurance of up to EUR 20,000 for BDSwiss Holding customers for every client account, traders of any skill level or degree of expertise can gain easy access to a range of asset classes and tools, all of which are designed to deliver a superior trading experience.

Trading Platform Screenshots
Contact Info
laptop Website: www.bdswiss.com
call Telephone: +49 30 21446991
BDSwiss FAQs

Q: What is the minimum withdrawal amount from a BDSwiss account? Does BDSwiss charge fees for withdrawals?
A: Except for bank wire withdrawals, BDSwiss does not require a minimum withdrawal amount. However, it should be noted that withdrawals that are below 2EUR cannot be processed as the requested withdrawal amount is lower than the fees BDSwiss incurs for processing such withdrawals. That being said, please note that a 10 EUR fee will apply to any bank wire withdrawals under 100 EUR and any other withdrawals amounting to 20 EUR or less. For bank wire international payments, the minimum withdrawal amount is 50 EUR after the deduction of the 10 EUR basic fee. For SEPA transfers there is a minimum withdrawal amount of 5 EUR after the deduction of the 10 EUR basic fee.

Q: Can US customers access BDSwiss services?
A: No, BDSwiss currently does not allow US-based clients to access its online trading services.  Although the group has a US-based National Futures Association license and this might change in the future, US customers, even with foreign passports and other citizenship, are not able to use the platform.

Q: Are BDSwiss customer accounts insured by the regulator?
A: No, BDSwiss customer accounts are not insured by the FSC. However, BDSwiss Holding LTD is a member of the Investor Compensation Fund, which is an independent self-regulatory body for the industry.  Should a client encounter a problem with BDSwiss that requires mediation, the Financial Commission will oversee the subsequent proceedings.  If a judgment is made in the client’s favor, a client is eligible for compensation of up to EUR 20,000.

Q: Are CopyTrading services available to BDSwiss clients?
A: We no longer offer the Wealth Management Program and a Copy Trading tool is available under FSC but only for non-EU clients

Q: Can I access a demo account to test BDSwiss services before depositing funds into a live account?
A: Yes, after registering your account, a Practice Account from BDSwiss with a $10,000 initial deposit is available to test the WebTrader platform, MT4/MT5, or mobile application.  Furthermore, the demo account balance can be reset to $10,000.

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