BdSwiss Review & Ratings 2022

Having started in 2012, BDSwiss hasn’t been able to grow its client base to over 1 million users by accident. The platform itself is easy to use and the margins on offer will suit most traders. As well as crypto trading, which we discussed in the above section of this BDSwiss Review, account holders can also trade in a range of Forex and CFDs with BDSwiss.

Also, no rollover points on overnight trades to meet strict Sharia Laws. We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have published our review process that includes a detailed breakdown of the BDSwiss offering. Central to that process is the evaluation of the reliability of the broker, the platform offering of the broker and the trading conditions offered to clients, which are summarised in this review. Each one of these is graded, and an overall score is calculated and assigned to the broker. BDSwiss’ market analysis is curated by a team of renowned markets analysts and professional traders that provide 24/5 market news coverage and actionable financial commentary.

The software solution offered by the BDSwiss mainstays at the popular choice of MetaTrader4 platform, that provides a comprehensive trading feature and vast of solutions. Also, you may compare BDSwiss fees to its peer BlackBull markets and other popular brokers listed below. FINMAX consists a team of financial market professionals assembled specifically in order to provide the best possible trading conditions to its customers. Our specialists have been involved in the development of technical specification for designing an up-to-date platform that is suitable for…

As the broker mentions it always aiming to give withdrawal service within 24 hours, yet this is applicable towards working business days, as on weekends or holidays it may take longer to proceed. As well, always give additional days for your payment to proceed etoro broker review with the transaction once it is already confirmed and done by BDSwiss. According to the regulation, the security of funds along with the client protection delivered in multiple ways that ensure a safe trading environment and investors’ legal compliance.

Let’s start off with the big positives in this section of our BDSwiss Review 2022. Firstly, there are absolutely no deposit or withdrawal fees from the side of BDSwiss. Therefore, you can fund your account and withdraw your profits without giving any of your own money away to the broker. Secondly, we’ve noted in this BDSwiss Review that they are pretty transparent when it comes to their charges and fees. Here at TradersBest.com, we’re experts in the world of brokerages and trading.

Markets Offered

Right away, we all know the tried and tested reliability of the MetaTrader 4 and 5 trading platforms. Some novice traders may find a slower learning curve with MT4 looking dated in appearance and many additional functionalities can be difficult to find at first. The BDSwiss web trading platform is great to look at and is quite intuitive. Analytical tools are easy to pick up and we found a good level of customisation – something severely lacking in many other proprietary trading applications. BDSwiss offers excellent educational material for beginner and intermediate-experience traders, including structured training courses, daily webinars, and frequent live seminars. BDSwiss’ mobile trading platforms are good when compared to other brokers.

In the case of Forex instruments, the amount charged depends on both the positions taken (i.e. long or short) and the rate differentials between the two currencies traded. BDSwiss’ swap rates are published on its website for each financial instrument. For example, BDSwiss charges swap fees of 10 USD on the EUR/USD on a long position, and traders earn 2 USD on a short position. BDSwiss offers variable spreads on its various accounts spreads vary from 0.0 to 1.5 depending on the trader’s type of account. Potential traders need to be assured that the broker company they chose can offer the necessary support and help whenever they may need it. With BDSwiss traders have a choice between 6 types of accounts namely Cent account, Classic account, Premium account, VIP account, Raw account, and an InvestPlus account.

BDSwiss may have appeal for beginners with its easy to use proprietary platforms, solid customer service and abundant educational materials. However, BDSwiss has relatively high fees for Classic Accounts and clients outside the EU do not have the reassurance of strong regulatory oversight. We tested the spreads at BDSwiss across different asset classes in a live account using the WebTrader platform.

Hi Naso, there are various ways which you can use to withdraw your profits and funds from your BDSwiss account, based on the country you reside, whether you have an IBAN or not. To assist you further with this query or if you like us to assist you with any clarifications, please provide us with your BDSwiss account details in your next reply. Alternatively, feel free to contact us at and our Team will be able to guide and advise you accordingly. Hi Otuata, we are sorry to see that this delay has affected your BDSwiss Experience. Please note that your withdrawal was processed on the 14th of April.

Educational Material

The minimum deposit for a classic account and raw STP account is $200. Payment options include Visa, Mastercard, wire transfer, Neteller, Skrill, Maestro DotPay, Giropay, online banking, etc. Withdrawal methods include Visa, Mastercard, Neteller, Skrill, and online banking. The company will bear the handling fees, and the withdrawal application will be processed within 24 hours.

Please note that the minimum deposit amount might differ if your account is registered through an affiliate campaign which might require a higher or a lower amount as a first time deposit. The BDSwiss WebTrader does not require downloading and it is fully synchronised to the downloadable versions of the MT4, allowing for live price monitoring via an advanced market watch. Translated in more than 24 languages, the BDSwiss’ new WebTrader is designed to accommodate the needs of traders around the globe. The BDSwiss WebTrader Platform, was exclusively developed in house, to better cater for the needs of their growing client base. Focusing on simplicity, reliability and speed, the new BDSwiss WebTrader delivers an unparalleled trading experience accessible from all browsers and operating systems. You must understand that Forex trading, while potentially profitable, can make you lose your money.

The difference is that there are actually more tools available in TradingView. However, in Metatrader 4 you can use your own programs and indicators as well as automatic trading. If you have questions or problems with the trading platform, you can simply contact an account manager or support. In summary, the software solutions from BDSwiss are suitable for every trading style. In the following pictures and texts, we will give you an insight into the trading platforms. MetaTrader4 and MetaTrader5 are offered in versions that are compatible with a variety of devices, including PCs, Macs, applications, and a web-based platform that does not require any installation.

Developed in partnership with AutoChartist exclusively for BDSwiss traders, Trend Analysis is a unique tool that enables traders to spot some of the biggest trading opportunities directly on BDSwiss’ WebTrader. Traders can view emerging and recently completed trends for hundreds of assets, in addition to pattern overlays and projected price trends applied live on a chart. Opening a demo account is a good option before opening a live account where you trade with real money in real-time. Yes, BDSwiss offers a good trading environment for all types of traders, from beginners to advanced.

XM Islamic Account

Withdrawals should be made using the same method used to fund your trading account meaning they must be transferred to the originating account. They have a wide range of payment methods gives you greater flexibility when it comes to deposits and withdrawals. BDSwiss Forex MT4 has taken the MetaTrader MT4 platform and optimized it with the BDSwiss’ advanced technology to create a user-friendly trading interface designed to support traders of all levels. MT4 and MT5 are both supported and educational and analytical material are both excellent. More experienced traders will also find a lot to like with the Black Account, including free AutoChartist and one-on-one support.

Leverage is the use of borrowed funds to increase the size of your trading positions beyond what would be possible using only the cash in your account. A multilingual customer support that is available 24/5 is easily reached via e-mail, webform, phone, WhatsApp, Telegram, or live chat; a callback option is also available. In general, BDSwiss comes across as a well-managed brokerage, and traders are unlikely to require assistance. In case the need does arise, this broker has made accessibility a high priority. BDSwiss was established in 2012, and swiftly embarked on what is seen as a remarkable growth trajectory. While this broker describes itself as part of a worldwide operating group with holdings in Switzerland, the primary regulator appears to be the Cyprus Securities and Exchange Commission .

As you can see from the table above, spreads are wider than average at BDSwiss. The average cost for trading one lot of EUR/USD among similar brokers is about 9 USD per lot. This is only achievable on the Raw Account, which is prohibitively expensive for beginners, with a minimum deposit requirement of 5,000 USD.

Our verdict on BDSwiss

BDSwiss is heavily-regulated by reputable regulators so your money should be safe on the broker. We were happy to see during our BDSwiss review that asset selection at BDSwiss is ample but largely dependent on the asset sector chosen. The Forex market represents the most adequately covered sector with 51 currency pairs. Seven commodity CFDs provide traders with an introduction into this asset class. Surprisingly,with 21 cryptocurrencies, this broker offers a fairly substantial range of choices, which is quite refreshing given that this is an area often neglected by brokers.

The broker is regulated by the following regulatory authorities. A 10% monthly fee will be charged if there is no trading activity for more than 90 days. Trading Academy of BdSwiss has learning center, Forex eBooks, Love Education and video tutorials which are free to use for the blueberry markets review registered clients. An overnight charge or swap fee applies to positions that remain open overnight. Once your information and identity have been successfully verified, your account will be activated. You will then be able to make a deposit and activate your Forex/CFD account.

This fee is likely to be taken because smaller accounts bring too little profit to the broker. The additional funding requirement is feared by any private trader because account balances can come into a negative state. This can happen through extreme market situations, but BDSwiss automatically closes your positions before that. Their multilingual team is professional, sustainable, and available 24/5 for you to answer any questions via live chat, phone, or email. Furthermore, BDSwiss provides webinars on a daily basis, which are an excellent way for you to learn about forex. Through its Blog, you’ll also get access to essential information such as market alerts and analysis.

This is an account with virtual money, which imitates the real money trade. In addition, experienced traders can develop new strategies or even try new unknown assets to trade. The offer of BDSwiss is rounded off with the newly developed app for Android and iOS .Have access to your portfolio from anywhere in the world. Check the latest news and respond to political changes on the go.

Types of Accounts and Their Features

The BdSwiss Trading Academy is a great place for traders to learn more about trading. The academy offers courses on forex, CFDs, and binary options. Perhaps the better, and more advanced educational material from BDSwiss comes in the form of strategy webinars that are broadcast weekly in English and German. Webinars are free to non-clients, and only require signup to participate. Once completed, webinars are added to the video library and combined with other educational videos about aspects of trading and market analysis.

Yes, you can trade Cryptocurrencies based on CFDs also with quite good costs. For the most accurate data check on the official BDSwiss platform and verify its allowance with your residual status, also make sure to check each instrument separately as it varies according to the asset as well. On the other hand, BDSwiss trading proposal depends on the entity and instruments are limited to Forex and CFDs.

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. They no longer offer the Wealth Management Program and a Copy Trading tool is available under FSC but only for non-EU clients. BDSwiss maintains the security of funds along with client protection in multiple ways that ensure a safe trading environment and investors’ legal compliance. An account can easily be opened online via the BDSwiss website and the process normally can be done within 15 minutes.

The BDSwiss Mobile App has a clean and user-friendly interface. Spreads at BDSwiss are variable, meaning that they fluctuate slightly. The size of the spread depends on the level of liquidity in the market. Liquidity describes the extent to which an instrument can be bought and sold quickly and without moving the market. Tighter spreads are typically seen when there is greater liquidity in the market. All new clients are currently assigned to an entity regulated offshore.

We created an unparalleled environment for online trading that enables us to provide access to a wide and highly diversified range of trading instruments from 6 different asset classes. Discover countless Forex trading opportunities with 80+ currency pairs, including major, Minor and Exotic or… Our mission is to provide online investors with the most unbiased, comprehensive reviews and ratings of self-directed brokers.

This award-winning broker meets the high expectations of traders by offering trading opportunities to both newbies and seasoned investors. Trades of any level can discover a suitable account type to match their specific trading needs. It provides clients with a variety of value-added products and services, from its own proprietary WebTrader and excellent mobile app to extensive educational content and daily webinars conducted by the company’s experts. BDSWISS works closely with leading and secure payment providers to allow customers to deposit funds most conveniently.

The mobile app provides traders with full trading and transactions history, 24/7 cryptocurrency pairs trading, real-time quotes, interactive charts, in-built user tutorials, and live chat and support. Commissions & Spreads Trading costs with BDSwiss vary, depending on account type and the market traded, with some commission-free and some commission-based. 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.

BDSwiss brokers platform works with different kinds of payment service providers which makes it applicable to cover a wide range of different deposit methods around multiple countries. Forex brokers in Germany and get details on various regulated platforms. Together with comprehensive education materials provided by Forex Courses, defined by the level of expertise, Webinars, and Seminars.

While most brokers don’t include this step in the account-opening process, it is a responsible move in an industry that is often accused of an irresponsible approach to consumer protection. BDSwiss does not charge withdrawal fees on credit card transactions, but there is a fixed fee of 10 EUR when withdrawals are either equal to or less than 20 EUR. Demo accounts are also scalping technique widely used by more experienced traders who want to experiment with other asset classes. For instance, a trader might be experienced in stock trading but want to start investing in futures, commodities, or currencies. BDSwiss has a low minimum deposit but also has an outstanding and competitive offer with regard to spreads, commissions, and other trading conditions.

In 2013, BDSwiss obtained a license from Cyprus’s financial regulator, CySec and has the HQ in Cyprus with offices in Germany. Despite the fact that this is a relatively new broker, it must be noted how quickly it gained popularity and sympathy among numerous traders. Deposits and withdrawals can be made using cred/debit cards, bank wire transfer, or e-wallets such as Skrill and Neteller and more.