BDSwiss Review

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Table Of Contents
bdswiss

CFD Service. Your capital is at risk

Regulation: CySEC, FSA, FINMA, NFA

  • Bonus: NOT bonuses
  • Pairs: 250+
  • Payout: 95.36%

The company has been around since 2012. Established in the Swiss capital, it quickly grew into a global brokerage. Today, the Zurich-based giant boasts over 1 million clients from 125 countries and an exclusive Member Club.  This brand is truly global. Discover its strengths in our BDSwiss Review.

BDSWISS logo broker

Geography and Regulation 

This well-established brand has an impressive history and geographic coverage. Headquartered in Switzerland, it also has branches in other countries. Its offices may be found in Cyprus, Mauritius, Seychelles, and even the United States.

Traders can be sure their provider is regulated, and their deposits are safe. The company complies with industry norms, including negative balance protection. Its operations are overseen by the FINMA, the ESMA, the CySEC, the FSC, the NFA, and the FSA. This is an impressive list of monitoring entities.

Range of Instruments

Clients gain access to a wide range of trading instruments, from Forex to CFDs. This means they can develop broad diversified portfolios, and trade with lower risk. At the moment, the company offers over 250 options: 

  • 50+ Major, Minor, and Exotic currency pairs;
  • CFDs on stocks (including Amazon and Facebook);
  • CFD on commodities (including Brent and WTI);
  • CFDs on market indices (including S&P 500 and FTSE);
  • CFD on cryptocurrencies (including Bitcoin, Ethereum, and Litecoin). 

Contracts for Difference allow BDSwiss clients to profit from assets indirectly, speculating on their prices alone. This makes diversification easily accessible. CFDs are a great addition to any portfolio, as they provide exposure to different markets. The broker stresses their leveraged nature and the risks associated with it. 

Overview of Trading Technology

Clients may choose between MetaTrader 4, MetaTrader 5, and two unique products: the BDSwiss Mobile App and the BDSwiss Web Trader. The company invests in advanced solutions to provide 24/7 access from any device. So customers can work on their PCs, laptops, tablets, or smartphones whenever they want. 

BDswiss platform Overview
BDswiss platform overview

The app has been praised by clients and experts. It was recognized as the best trading app by Mobile Star Awards twice — in 2018 and 2019. Interestingly, the product was created in-house. 

The system has everything clients of BD Swiss need: access to analytical tools and quotes in the real-time, account dashboard, effortless withdrawals and deposits, etc. They can initiate positions on any CFD available on their desktop MetaTrader 4. The key strengths are:

  • live quotes;
  • interactive charts;
  • intuitive and user-friendly interface;
  • deposits and withdraws from the app; 
  • a full history of trading & transactions;
  • account set up & KYC verification;
  • 24/7 access to CFDs on cryptocurrencies.

The web trader is another proprietary tool. It is packed with useful features and syncs up with the desktop version of MT 4. The system works directly in browsers. Currently, it supports 24 languages.

Account types

At the moment, the broker offers three types of trading accounts. They are geared towards different trading sizes and entail different costs. The first two types are purely spread-based, so clients are not charged any additional commission per trade. Here is how the types compare.

BDswiss Account Overview
BDswiss Account Overview

1. Classic Accounts

These are the most basic. Here, spreads begin from 1.5, and the minimum deposit is $100. Clients have access to the Trading Academy and 24-hour support Monday to Friday. They may also participate in live webinars for free. However, access to Autochartist is basic, and Trading Alerts are limited. 

The Classic option allows BDSwiss login with a demo account. This way, clients can explore the trading software at their own pace, and learn how everything works. This is a great opportunity to prepare for live trading. As demo accounts do not expire, you may practise as long as necessary. 

2. VIP Account

VIP accounts offer tighter spreads (from 1.1), and clients need to deposit at least $3,000. Aside from full Autochartist Performance Stats, they can receive VIP trading alerts through Telegram and enjoy priority services. Another benefit is the personal account manager. 

3. Raw Account

The Raw accounts do charge a commission per lot for CFDs on market indices and stocks (from $5). The accounts also include interbank spreads, which may be as low as 0. Holders have access to priority services, exclusive webinars, personal account manager, and more. The minimum deposit requirement is $5,000. 

Comparison of Accounts

Overall, BDSwiss offers two types of accounts without commission and one commission-based. This means the broker uses both the market-maker and the ECN model for its pricing. The charges depend on the type. For Classic and VIP clients, they are included in the spreads. Raw accounts are designed for large-scale traders who deal with big volumes, and therefore prefer commission.

Leverage

Leverage allows trading on margin, where clients use a portion of their broker’s funds. This boosts their purchasing power, so they may open traders much larger than their deposits. The system is attractive as it magnifies potential profits. At the same time, it ramps up the risks. As a responsible broker, BDSwiss emphasizes this on every page. 

The company provides different leverage to EU-based clients and traders who reside elsewhere. At the moment, European citizens are offered 1:30 for Forex instruments, while their global peers may access higher ratios that reach 1:500. For US-based traders, the limit is 1:40. 

Customer Support

Clients may contact the staff 24/5 by email, phone, or Live Chat. As a truly global brand, the company has seven local numbers. Clients have access to support in their native language. 

Awards

BDSwiss has an impressive collection of rewards. The brand has achieved worldwide recognition thanks to high standards of service and technology. In 2020, it received an award from World Finance for best trading conditions.

Conclusion of BDSwiss Review

This global brand complies with all applicable regulation. It offers a wide range of instruments across different markets. Neophytes may open a demo account, or start with just $100. Traders who can invest at least $5,000 enjoy low interbank spreads and advanced services. The company welcomes traders with different budgets, experience, and goals. Its software is versatile and convenient.

bdswiss

CFD Service. Your capital is at risk

Regulation: CySEC, FSA, FINMA, NFA

  • Bonus: NOT bonuses
  • Pairs: 250+
  • Payout: 95.36%

Top 3  Websites For your country:

Updated  November, 2020

№1

  • Bonus: Up-to $1391
  • Pairs: 80+
  • Min. Trade: $1
  • *Payout: 92.76%
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Trade Now!
  • Big focus on advanced platform
  • Multiple and free demo accounts
  • Access to strategy manager for all

№2

  • Bonus: Up-to $695
  • Pairs: 100+
  • Min. Trade: $1
  • *Payout: 89.72%
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Trade Now!
  • Adapted for worldwide Forex traders
  • Website packed with information
  • Unique educational tools & features

№3

  • Bonus: Up-to 100%
  • Pairs: 60+
  • Min. Trade: $1
  • Min. Dep.: $100
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Trade Now!
  • Offices in 11 countries
  • Mobile APP for trading
  • The AvaTrade web platform is easy to use.

* Amount to be credited only for a successful outcome.

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