About BDSwiss BDSwiss
He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. The minimum deposit at BDSwiss will vary depending on your chosen account type. The broker’s VIP account requires a $3,000 minimum deposit and its Raw account requires $5,000, while the Classic account’s minimum first deposit of $100 may vary depending on your country of residence and if you were referred by a third party. 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. Yet, there are some brokers offering affordable round-turn commissions.
Our local and international teams are here to support you on a 24/5 basis in more than 20 languages, while our wide range of payment methods gives you greater flexibility when it comes to deposits and withdrawals. Stay ahead of the markets with world-leading market analysis acknowledged by mainstream financial media, and access live education through daily webinars hosted by industry experts. The potential for BDSwiss to provide a significantly more client-friendly environment is great and clearly evident. 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.
If this issue would magically go away, this broker would be a great place to earn some money – they got everything you need. Trading derivatives and leveraged products carries a high level of risk, including the risk of losing substantially more than your initial investment. Use your “tradingcritique.com” to learn properly about what you’re trading and how to limit your losses in beginning itself. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital.
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. With Forex brokers supervised by a regulatory authority investors can be more confident about the credibility of the broker.
BDSwiss Affiliate Program
BDSwiss offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries. 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.
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. Completing the offering of this broker are 12 index and 138 equity CFDs.
Overall BDSwiss Ranking
To assist you further with your query please contact us at Our Team would be able to respond to any questions or clarifications you may have. If you require any further assistance or clarification please contact us at and our Team will assist you further. Besides, Traders will definitely enjoy numerous add-ons as we did, that are available on the market to make trading process a pleasant one. Moreover, there are plenty of strategies to choose from since broker does not impose strict restrictions, so news trading or other strategies are available. BDSwiss’ StockPlus account enables BDSwiss clients to build a diversified portfolio with over 1000+ world-leading stocks and ETFs.
- Moreover, there are plenty of strategies to choose from, that are useful for every trader, novice or experienced either with manual trading or automated trading through EAs.
- However, range of instruments depends on the account type or BDSwiss entity you use.
- Yes, you can use the same email address to register an IB account by clicking here.
- Even though you can Live Chat, Phone or Email them within working hours 24/5 we still remain happy with its quality level.
- BDSwiss minimum deposit is 100$ for Classic account, which is an attractive opportunity to many traders for a Classic account.
By maintaining optimum support and assistance, BDSwiss also educates its clients through its Trading Academy. Educational resources covering useful information on how to operate in markets, develop own trading strategy with accredited courses and webinars, we found it quite hahndy and very well organized making them suitable for beginners. As the broker mentions it always aims 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 with the transaction once it is already confirmed and done by BDSwiss, while we got withdrawal pretty quickly.
New traders will find this a suitable choice for educational purposes, though advanced traders looking for highly specific assets may find something missing. 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.
73.40% of orders executed with zero requotes or positive slippage, on paper, which suggests an excellent execution environment. As mentioned above, BDSwiss holds licenses with various regulatory bodies, but the primary regulator appears to be the Cyprus Securities and Exchange Commission . The name BDSwiss was intended as an homage to the country Switzerland as one of the founding members. BDSwiss team is so kind and competent , I had a little problem with my account and Mario from BdSwiss called me and solved it in less than 5 minutes.Thank you Mario ! And I’d like to thank Renata for his for his excellent service and kindness. I’ve been actively trading for almost 3 years, so I’ve worked with plenty of different brokers and BDSwiss is definitely one of the best companies to work with.
What Leverage does BDSwiss offer?
Also, you may compare BDSwiss fees to its peer BlackBull markets and other popular brokers listed below. BDSwiss is an international Forex Broker and a brokerage firm established in 2012, which fastly approached Markets and became one of the largest trading groups, and now serves as one of the leaders. The current clients’ base of BDSwiss counts more than a 1.5 million registered clients from over 186 countries, as well as serving exclusive Member club that has more than 1.5 million traders.
You can trade even more assets simultaneously, not in the least with the help from automated algorithms like Expert Advisors . Overall, BDSwiss can be summarised as a safe broker that is fully regulated by the Financial Services Authority . Yes, you can use the same email address to register an IB account by clicking here. We also suggest that you use the same password so both accounts can be linked. You just need to go to your IB portal, click on “Rebates”, and set the percentage you wish to give back to your client. Please note that the percentage needs to be set before the IB commission is paid.
BDSwiss’ 10% inactivity fee, charged after 90 days with no trading activity, is very steep. Spread of 1.6 pips on the EUR/USD for its Classic account is expensive, despite the good execution statistics. Acts as an agency broker, demonstrating balanced slippage with no requotes or order rejections .
Inn BDSwiss youu will find educational materials provided by Forex Courses, defined by the level of expertise, Webinars and Seminars. The available platform versions suited to various devices so traders can us any device, which is a good plus. This includes PC, Mac, Applications or Web platform that requires no installations. See some of our finds for benefits and disadvantages of the platform below. You should login to your Client Portal and submit a withdrawal request by following of the required procedure.
Trading and Investment Tools
All the most important https://forexhero.info/ are available there, so being on the go you still may perform analysis, check on the open positions, manage them and access your account management, which deserves good regard from us too. Full BDSwiss pricing including funding fees and Administration fee for non-use account, see the table below on our finds. Yes, Credit/Debit cards are accepted for deposits as well as Bank Wire transfers, Skrill, Neteller and many more depending on the the country of residence.
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. The client-centric focus of BDSwiss is the basis for its exceptional service, and others have taken notice. Users can sign up and verify their accounts using the app as well.
Popular Forex Guides
The BDSwiss WebTrader is worth exploring if you’re looking for a MetaTrader alternative. The WebTrader does not require downloading and it is fully synchronised to the downloadable versions of the MT4. There are more than 24 languages available, and overall it’s an easy-to-use, clean platform that you can access quickly and efficiently on any device.
For a retail trader, the biggest risk of trading with a non-regulated broker is that of illegal activity or schemes. Fraudulent activities include excessive commissions; very lose spreads, hidden Terms and Conditions and even restrictions on withdrawals. Regulatory authorities can provide a level of protection for investors as they can be trusted to restrict, sanction or ban such unwarranted actions and to safeguard investors. Besides traditional bank wires and credit/debit cards, supported payment processors include Skrill, Neteller, PayPay, giropay, Sofort, eps, iDeal, and dotpay. Immediate processing times refer to BDSwiss deposits only ; as is standard, bank wires may take between four and seven business days to arrive. Per regulatory requirements, the name on the deposit account and trading account must be identical.
- The users further complain that accounts are still susceptible to inactivity fees during this time, losing money because they are unable to withdraw.
- Please note that the percentage needs to be set before the IB commission is paid.
- Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information.
- Your personal Client tracking link allows you to accurately and efficiently promote your services, enabling you to maximize all potential revenue streams.
Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. BDSwiss offers three account types which are Classic, Vip and Raw, created to cater to the needs of different Forex traders with either lower costs according to trading sizes or advanced services once size increases. While Classic and Vip account are based on the spread-only model, Raw account features interbank spreads and commission charge per lot, which gives good flexibility to choose accountn you would need the most, see account comparison snapshot below. BDSwiss offers three account types which are Classic, Vip and Raw, created to cater to the needs of different Forex traders through lower costs according to trading sizes and advanced services once size increase.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Even if we try to offer the most up-to-date data, we can’t completely ensure the accuracy and validity of the materials. Are you a non-English speaker and look for more resources on BDSwiss in your language? Hereby, BDSwiss offers you MetaTrader 4, MetaTrader 5 and WebTrader. There are genuine problems that need to be acknowledged however.
A reduction to an average of 1.1 pips in the VIP account is combined with up to 40% lower commissions on all indices and shares. This broker deploys a reasonable fee structure for index CFDs at $2 per lot, and a 0.15% charge per share applies to equity CFDs. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs.
Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
As we are unable to identify your BDSwiss account through your 55Brokers username we cannot investigate this further for you. If you wish to have this matter looked into, please provide us with your account details. Alternatively you can always contact our support team directly for further assistance. There is also another amazing and helpful tool that can be find in theBDSwiss Research Portal – Daily Market Analysis, which provides 24/5 market coverage and leading financial commentary through daily previews, video briefs and special reports.
bdswiss forex broker review multilingual support is available with service the trader requires daily which is also on a very sustainable and professional level. Even though you can Live Chat, Phone or Email them within working hours 24/5 we still remain happy with its quality level. 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 of 2019, the company is home to 1.3 million accounts, with over 30 billion in average monthly forex volume. It’s generally pretty risky to trade with BDS – the spreads can be 5 pips and higher, it’s not a very good number. This platform has fewer tools, but that’s partly because it’s much newer than MTs and not many applications have been developed for it since the release. There are some interesting features, like the Trend Analysis tool that works somewhat like Expert Advisors, as well as many other interesting solutions. BDSwiss is one of the few big FX & CFD Swiss brokers, as you might’ve gathered. They are registered on the Seychelles at the moment, so it’s pretty hard to say for sure.