BDSwiss Review 2019 | Is BDSwiss a Scam or Legit Forex Broker?

Read our BDSwiss review to find out if BDSwiss is a scam or a reliable forex broker. Unbiased Forex brokers reviews combined with user comments.

Average broker rating

3.8/ 5

Rating breakdown

Protection & Regulations
80% Complete (danger)
4.0/5
Trading platforms
100% Complete (danger)
5.0/5
Tradable Products
100% Complete (danger)
5.0/5
Deposit and withdrawal
100% Complete (danger)
5.0/5
Trading Fees
20% Complete (danger)
1.0/5
Support
60% Complete (danger)
3.0/5
BDSwiss
BDSwiss Overview

BDSwiss Holding PLC is an online Forex and CFD broker founded in 2012. The head office of BDSwiss Holding PLC is located in Cyprus and the brand BDSwiss allows trading of CFDs on forex, stocks, commodities, indices and cryptocurrencies on its platform.

# Broker's Features BDSWISS Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will review BDSwiss.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. BDSwiss offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Crypto.

Tradable Products: BDSwiss offers 72 currencies, 7 commodities, 12 indices, 8 cryptocurrency assets and 138 stock CFDs for trading.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. BDSwiss is Market Maker, STP.

Features: As well as trading on your behalf, BD Swiss have a wealth management tool for investors to have their funds managed by third party fund managers. The investors select who they would like to manage their funds.

Minimum Deposit Requirement: To properly understand if a broker is suitable for a certain trader, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. BDSwiss recommended minimum capital is $100.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. BDSwiss is regulated by CySEC, FSC, NFA. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Investor Protection & Regulations: BDSwiss is authorized and regulated by CySEC, NFA and the FSC. The company protects clients’ investments through funds segregation, platform security and participation in the ICF.

Languages Available: Next lets have a look at each broker's different Language options. BDSwiss offers Arabic, Danish, English, Filipino, Finnish, French.

Payment methods: Next lets have a look at each broker's payment options. BDSwiss offers Credit Card, Moneybookers, Wire Transfer different payment methods for each account types.

Deposit and withdrawal: The major credit/debit Cards, e-wallet solutions like Skrill and Neteller. Bank wire transfers can also be used to make payments.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, BDSwiss makes MetaTrader 4, MetaTrader 5, Proprietary available to clients.

Web & Desktop Trading Platforms: The MT4 trading platform is provided as a desktop application and also as a WebTrader. The MT4 therefore offers opportunities for manual and automated trading as well as programming and optimization of EAs.
Mobile Trading Platforms: The BDSwiss mobile app is available for iPhones and Android phones. It can be used to place trades, manage order, manage user accounts and perform some analysis.

Other

Trader Education
A comprehensive Trader Academy, “Forex Trading Videos Library” made up of past webinars, Glossary and “Forex Basics Lessons” are the training resources available on all BDSwiss websites.

Promotions
BDSwiss Holding PLC does not offer any bonuses or organize any contests. This comes as a result of its CySEC and EU regulation.

Support
BDSwiss Customer support desk is available 24/5 on phone, email, WhatsApp, Telegram, WebChat. The support is available in 7 languages.

Recup
BDSwiss the brand name behind a group of entities offering investment services on over 250 tradable Forex and CFD assets. The brand is regulated by the CySEC, NFA and FSC.

Final Thoughts
Whether you are new to the world of forex trading or a seasoned forex professional or somewhere in between, each trader will receive the same exceptional service and will also have access to the wide variety of assets and trade options that BDSwiss has to offer.

Trading Experience
A good trading experience via the selection of platforms including the MT4, MT5 and the BDSwiss’s own Webtrader. A wide selection of assets and some competitive spreads which makes this a suitable offering for beginners and professionals

People Also Asked

Is BDSwiss regulated?
Yes, BDSwiss is regulated by top-tier regulators, CySEC, FSC, NFA inclusive.
Where is BDSwiss based?
BDSwiss is based in Switzerland
How does BDSwiss make money?
BDSwiss charges a spread between the bid price and ask price. It does NOT charges a commission.
How do I deposit in BDSwiss account?
With BDSwiss you can deposit money via the following means; Credit Card, Moneybookers, Wire Transfer.
How do I withdrawal in BDSwiss account?
BDSwiss lets you request a withdrawal of funds from your account via the following means; Credit Card, Moneybookers, Western Union, Wire Tra.
What is the minimum deposit for BDSwiss?
BDSwiss has $100 minimum deposit.
What are the available account base currencies with BDSwiss?
BDSwiss trading accounts are offered in N/A. If your country's currency isn't included in the list, you will need to open an account with another currency base.
What is the max leverage in BDSwiss?
BDSwiss has a maximum leverage is 1:400 for professional traders.
How do I open an account with BDSwiss?
Opening an account with BDSwiss is a three-step process. First fill out the registration form, second is to send verification details to the verification department and lastly is to fund your account.
Does BDSwiss use MetaTrader?
BDSwiss platforms: Yes, BDSwiss use MetaTrader as well as the following platforms: MetaTrader 4, MetaTrader 5, Proprietary
What type of broker is BDSwiss?
BDSwiss appears to be a Market Maker, STP broker which offers market access to a variety of traders.
Does BDSwiss accept US clients?
No
Does BDSwiss offers Islamic accounts ?
Yes
What financial instruments can I trade?
You can trade a wide variety of instruments with BDSwiss: You can trade a wide variety of instruments with BDSwiss: Currencies, Commodities, Indices, Stocks, Crypto