BDSwiss Review

Why choose BDSwiss

Established broker with a strong regulatory framework and a wide range of trading instruments.

Pros

  • Competitive spreads, diverse asset selection, and robust trading platforms.

Cons

  • Inactivity fee after 90 days of dormancy; higher minimum deposit requirements.
BDSwiss

BDSwiss

Fee Level:

Medium

Inactivity Fee:

Medium

Index CFD Fee:

Medium

Investor Protection:

Up to €20,000 under the Investor Compensation Fund (ICF).

Mobile Platform:

Visit BDSwiss

Provides a comprehensive trading environment with competitive fees.

Pros

  • No withdrawal fees; competitive forex spreads starting from 0.1 pips with commissions.

Cons

  • Inactivity fee applies after 90 days of inactivity; higher minimum deposit requirements.

Regulated by CySEC and FSA; segregates client funds and offers negative balance protection.

Pros

  • Strong regulatory framework and security measures, including SSL encryption and segregated client funds.

Cons

  • Higher minimum deposit requirements may not be suitable for all traders.

BDSwiss offers bank transfers, cards, Skrill, Neteller, and PayPal. Deposits are instant; withdrawals take 24 hours.

Pros

  • Fast withdrawals, multiple funding options, no deposit fees.

Cons

  • Fast withdrawals, multiple funding options, no deposit fees.

BDSwiss provides an intuitive account opening process with document approval in 24 hours.

Pros

  • Fast onboarding and access to global markets.

Cons

  • Fast onboarding and access to global markets.

BDSwiss offers a proprietary mobile app that provides a user-friendly interface with access to various trading instruments and real-time market data.

Pros

  • Intuitive design, real-time data, supports multiple order types.

Cons

  • May lack some advanced features found in established platforms like MT4/MT5.

BDSwiss provides a web-based trading platform accessible through desktop browsers, featuring advanced charting tools and a customizable interface.

Pros

  • No installation required, advanced charting, user-friendly.

Cons

  • No two-step (safer) login, may lack some features of standalone desktop platforms.

BDSwiss offers a variety of trading instruments, including CFDs on Forex pairs, stocks, commodities, indices, ETFs, and cryptocurrencies, allowing traders to diversify their portfolios.

Is BDSwiss a regulated broker?

Yes, BDSwiss operates under the regulation of several financial authorities: Financial Services Commission (FSC): BDS Markets is authorized and regulated as an Investment Dealer by the FSC. Financial Services Authority (FSA) in Seychelles: BDS Ltd is authorized and regulated by the FSA. These regulatory bodies oversee the firm's operations to ensure compliance with financial standards.

What are the deposit and withdrawal options?

BDSwiss supports various payment methods, including credit/debit cards, bank transfers, and electronic payment systems like Skrill. Deposits via credit/debit cards are processed immediately, while bank transfers may take 1-5 working days, depending on your bank. Withdrawals are processed using the same method as the deposit and are typically completed within 48 working hours. Please note that a 10 EUR fee applies to bank wire withdrawals under 100 EUR and other withdrawals amounting to 20 EUR or less.

Are there any regional restrictions?

Yes, BDSwiss does not provide services to residents of certain jurisdictions, including the United States and other countries where such services would be contrary to local laws or regulations. This is due to regulatory restrictions in these regions.