BDSwiss

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BDSwiss 2024 Broker Review

Written by:

ForexBrokerTalk

Fact checked by:

ForexBrokerTalk

Recommended for

  • Most forex or CFD traders

Trust Level: Very High

  • Regulated: FSC, FSA
  • In business since 2012

Popularity

251 people visited this broker using ForexBrokerTalk within the last 6 months

Introduction To BDSwiss

BDSwiss is an international Forex broker established in 2012, rapidly growing to become one of the largest trading groups. With a client base exceeding 1.5 million registered users from over 186 countries, BDSwiss has become a leader in the industry. The firm’s origins in Switzerland have provided a strong foundation, and it now operates as a global group with offices in various regions including Malaysia, Albania, and Kosovo. BDSwiss is recognized for its user-friendly trading conditions, a wide range of trading platforms, and a quick account opening process. The broker is suitable for both beginners and professionals, offering quality customer support and a variety of educational and research tools.

However, BDSwiss does have some limitations. The broker’s trading proposal varies depending on the entity, and its instruments are limited to Forex and CFDs, which may not meet the needs of all traders. Additionally, BDSwiss operates primarily through its international entities, which could be a consideration for some clients. Despite these considerations, BDSwiss is known for its worldwide coverage, powerful trading technology, and a choice between popular trading platforms like MT4, MT5, and its proprietary mobile app. The broker’s advantages include fast account opening, suitability for different levels of traders, and quality customer support.

$10

Minimum Deposit

$5

FX Commission
(per lot)

Yes

Free Demo Account

No

Inactivity fee

Pros

Fast order execution speeds

Ability to purchase stocks

In business since 2012

Cons

Higher trading fees / spreads

Review Video:

Coming soon!

BDSwiss Quick Facts

Country Headquarters

Switzerland

Instruments Offered

Forex, Metal, Stock Indices, Crypto

Base Account Currency

AUD, USD, GBP, EUR

Minimum Deposit

$10

Withdrawal Fee

$0

Account Verification Time

1 Business Day

Deposit Options

Card, bank wire, Skrill, Neteller, DotPay, and more

Accepts crypto deposit

No

Trading Platforms

MetaTrader 4, MetaTrader 5, BDSwiss Trading Platform

Demo Accounts

Yes

VPS Offered

Yes

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Trading Account Types 4 / 5

BDSwiss offers a variety of account types to suit different trading needs, focusing on aspects like base currency options, contract size, commission, fees, the number of pending orders/positions, and minimum deposit size. The account types include:

  1. Cent Account (available in certain countries only):
    • Commission: None for equities
    • Average Spread EUR/USD: 1.5
    • Minimum Deposit: $10
    • Leverage: Up to 1:500
    • Islamic Account: Yes
    • Demo Account: No
  2. Classic Account:
    • Commission: $2 per lot on indices, $0 on all pairs
    • Average Spread EUR/USD: 1.5
    • Minimum Deposit: $10
    • Leverage: Up to 1:500
    • Islamic Account: Yes
    • Demo Account: Yes
  3. VIP Account:
    • Commission: None
    • Average Spread EUR/USD: 1.1
    • Minimum Deposit: $500
    • Leverage: Up to 1:500
    • Islamic Account: Yes
    • Demo Account: Yes
  4. Raw Account:
    • Commission: $5 per lot on all pairs, $2 on indices
    • Average Spread EUR/USD: 0.3
    • Minimum Deposit: $500
    • Leverage: Up to 1:500
    • Islamic Account: No
    • Demo Account: Yes

Additionally, BDSwiss offers a separate StockPlus Account for those interested in stocks, providing access to 900+ stocks and 80+ ETFs with leverage up to 1:5. The number of instruments in the Cent Account is limited and can be used for testing strategies in real trading. The Classic, VIP, and Raw Accounts charge a 0.15% commission on shares, but there are no commissions for forex pairs. The Classic Account also includes a $2 per lot commission on indices.

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Commissions & Fees 4 / 5

Trading Fees / Commissions:

Cent & Classic Account: No commission fees, spread markup from 1.5 pips

VIP Account: No commission fees, spread markup from 1.1 pips

Raw Account: $5 commission charge per FX lot. $2 commission charge for indices.

Non-trading Fees:


The broker implements a policy for Inactive and Dormant Accounts. An account is considered Inactive if there has been no trading activity, such as placing a trade, opening or closing positions, or making a deposit for a continuous period of 90 days or more. Accounts that fall under this category will incur a monthly fee of 30 Euros, or an equivalent amount in the base currency of the trading account. This charge will continue each month until the balance of the trading account is depleted to zero.

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Deposit and withdrawal 5 / 5

BDSwiss has the following deposit and withdrawal methods for their clients:

  • Card
  • Bank wire
  • Skrill
  • Neteller
  • Dot Pay
  • GiroPay
  • Maestro
  • Sofot
  • EPS
  • Ideal

Withdrawal requests are completed within 24 hours. There are no fees to withdraw your funds.

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Trading Platforms 4 / 5

BDSwiss offers the following trading platforms:

  • MetaTrader 4
  • MetaTrader 5
  • BDSwiss Trading Platform

The platform selection is acceptable and fits the needs of most traders.

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Customer Support 4 / 5

Customer support is provided by BDSwiss 24/5 via live chat, phone, and email. Additionally, support is available in 7 different languages.

Traders should find themselves happy with the level of support provided by BDSwiss.

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Other 5 / 5

Some other “nice to have” features that are available with BDSwiss:

  • Free demo account (live account not required)
  • Educational content and videos
  • Trading ideas and market analysis
  • Ability to trade individual stocks
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Frequently Asked Questions

Does BDSwiss offer MetaTrader?

Yes! Both MetaTrader 4 and MetaTrader 5 are offered by BDSwiss.

Is BDSwiss regulated?

Yes, BDSwiss is regulated by both the FSC and FSA.

Does BDSwiss offer a cent account?

Yes traders can sign up for a cent account with BDSwiss. The minimum deposit for a cent account is $10.

Is BDSwiss good for new traders?

Yes, in our opinion BDSwiss is a great option for new traders. The broker offers a low deposit requirement (only $10 for their cent account). Additionally BDSwiss offers great educational and trade idea resources.

What leverage is offered by BDSwiss?

Traders can use up to 1:500 leverage at BDSwiss.

About ForexBrokerTalk

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4.3 / 5

ForexBrokerTalk Final Score

BDSwiss is a long standing broker in the industry. While their trading fees might be slightly higher than other brokers, they provide a solid offering which should fit the needs of most forex and CFD traders.

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