BDSwiss: A Trader’s Review for Better Choices

Selecting the right broker can ensure a seamless and profitable trading experience. BDSwiss stands out as a leading financial institution in the forex and CFD trading sector.

This forex trading broker review delves into BDSwiss insights, including the company’s background, financial products, and services. Additionally, we will examine the regulatory framework to understand the level of security it provides to global clients.

---

BDSwiss: Overview 

Established in 2012, BDSwiss has rapidly expanded its reach by serving registered accounts from more than 180 countries. The firm has established over 7 offices worldwide, ensuring local support and services customized to meet the different needs of its client base.

The broker offers more than 250 underlying CFD instruments to a diverse range of trading preferences and strategies. With an average monthly trading volume exceeding $84 billion, BDSwiss has shown significant growth and market presence. 

---

Regulation and Registration 

The company holds licenses from several reputable regulatory bodies, including the Financial Services Commission (FSC) of Mauritius, the Financial Services Authority (FSA) of Seychelles, the Financial Sector Conduct Authority (FSCA) of South Africa, and the Mwali International Services Authority (MISA). These regulatory guarantees ensure a secure trading environment for its clients. 

---

Account Types of BDSwiss

1. Cent Account

• Minimum Deposit: $10
• Spread: From 1.6
• Commission: $0 
• Maximum Leverage: Up to 1:2000
• Instruments: 70+ including forex, stocks, indices, commodities, cryptocurrencies

2. Classic Account

• Minimum Deposit: $10
• Spread: From 1.3
• Commission: $0
• Maximum Leverage: 1:400 (Default Leverage), 1:2000 (Dynamic Leverage)
• Instruments: 250+ including forex, stocks, indices, commodities, cryptocurrencies

3. VIP Account

• Minimum Deposit: $250
• Spread: From 1
• Commission: $0 
• Maximum Leverage: 1:400 (Default Leverage), 1:2000 (Dynamic Leverage)
• Instruments: 250+ including forex, stocks, indices, commodities, cryptocurrencies

4. Zero-Spread Account

• Minimum Deposit: $200
• Spread: From 0.0
• Commission: $6
• Maximum Leverage: 1:400 (Default Leverage), 1:2000 (Dynamic Leverage)
• Instruments: 250+ including forex, stocks, indices, commodities, cryptocurrencies

---

Deposit and Withdrawal

BDSwiss facilitates client deposits through a variety of secure payment methods, including credit cards, digital wallets, and local payment options, covering major currencies with no fees charged by the broker for transactions. The process is designed for simplicity and security, requiring clients to use the Client Portal for each transaction to ensure safety and compliance.

For withdrawals, the firm offers similar methods to those available for deposits to ensure consistency and security. Although the company covers receiving costs, clients should consider possible external fees. Withdrawals also follow strict security measures like KYC verification to protect against fraud.

---

Products in BDSwiss

BDSwiss offers varied trading products to cater to various investment preferences, including:

• Forex
• Commodities
• Shares
• Indices
• Cryptocurrencies

---

Trading Platform of BDSwiss

To accommodate the needs of modern traders, BDSwiss provides a suite of user-friendly trading platforms:

• MetaTrader 4
• MetaTrader 5
• BDSwiss Mobile App
• BDSwiss WebTrader

---

Fees of BDSwiss

BDSwiss does not charge commissions on forex, crypto, and commodity pairs. A fixed commission fee will apply for all other CFDs, including indices and shares, depending on your account type and trading account currency. 

After 90 consecutive days of no trading activity, there is a monthly inactivity fee of $30 or its equivalent in the base account currency, which is intended to cover account maintenance expenses.

---

BDSwiss Promotions

BDSwiss does not offer any promotions currently. However, traders can stay updated with BDSwiss’s announcements or check back later for any potential promotional offers that may arise.

---

Customer Support 

• Email: [email protected]
• Live Chat: 24/5

---

Pros & Cons 

Pros Explained

• Traders have a broad selection of CFD instruments, enhancing trading opportunities.
• The high leverage offers significant potential for profit, although it also comes with increased risk.
• Different account types provide flexibility for traders with varying experiences and investment sizes.
• The broker ensures the security of funds and personal data through diverse and secure payment methods.

Cons Explained

• The lack of promotions might make BDSwiss less attractive to traders looking for initial trading bonuses or offers.
• The inactivity fee could discourage traders who prefer not to trade regularly or those taking a break from trading.

---

Is BDSwiss Worth Considering?

BDSwiss offers a robust trading platform with numerous financial instruments and account types designed for different trading preferences. With global operations supported by multiple offices and a dedication to secure transactions, BDSwiss stands out as an attractive choice.

Nevertheless, choosing some brokers should be influenced by your unique trading requirements and investment objectives. It’s important to balance the lack of current promotions and the potential for inactivity fees against the services, as highlighted in this BDSwiss review.

---

FAQs

---

Related Articles:

• NordFX: The Truth of Offshore Regulated Broker
• IUX Markets: An Interesting Low Spread Forex Broker
• Windsor Brokers Review: The Ultimate Investor’s Guide

Read more: Broker Reviews