BDSwiss Review 2022

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BDSwiss offer 250+ Shares, Indices, Forex, Commodities and Cryptocurrencies markets via CFDs. With spreads from 1 pip and an award winning app, they offer a great package.

InstrumentsForex, CFDs, indices, shares, commodities, cryptocurrencies
Demo AccountYes
Min. Deposit100 $/€/£
Payment Methods
Min. Trade0.01 Lots
Regulated ByFSC, FSA
MetaTrader 4Yes
MetaTrader 5Yes
cTraderNo
OmniTraderNo
AlgoTraderNo
TradingViewNo
Trading CentralNo
AutochartistNo
eSignalNo
STP AccountNo
ECN AccountYes
DMA AccountNo
MAM AccountYes
PAMM AccountNo
LAMM AccountNo
Demat AccountNo
Mobile AppsiOS and Android
Margin TradingNo
Volatility IndexNo
Spot TradingYes
Perpetual SwapsNo
ELWsNo
REITsNo
AI / Machine LearningNo
Robo AdvisorNo
P2P TradingNo
Negative Balance ProtectionNo
VPS HostingNo
TournamentsNo
Demo CompetitionsNo
Managed AccountsNo
Market MakerNo
Social TradingNo
Copy TradingYes
Islamic AccountYes
Account Currencies
  • USD
  • EUR
  • GBP
  • SEK
  • PLN
Stock Exchanges
  • Euronext
  • SIX Swiss Exchange Trading
Commodities
  • Gold
  • Silver
CFD TradingYes
CFD FTSE Spread1 pt
CFD GBPUSD Spread1.7 pip
CFD Oil Spread0.8 pips
CFD Stocks SpreadFrom 1pt
CFD Leverage1:30
Forex TradingYes
Forex GBPUSD Spread1.7 pips
Forex EURUSD Spread1.2 pips
Forex EURGBP Spread1.3 pips
Forex Assets50+
Crypto TradingTrade Micro lots (0.01) of 12 cryptocurrencies. Major cryptos traded against USD, GBP and EUR
Crypto SpreadBTC from 1%
Crypto LendingNo
Crypto StakingNo
Crypto MiningNo
Crypto Auto Market MakerNo
Crypto Coins
  • BCH
  • BTC
  • DASH
  • EOS
  • ETH
  • IOTA
  • MON
  • NEO
  • OMG
  • XMR
  • XRM
  • ZCASH
  • ZEC
Risk Warning – Your capital is at risk

This BDSwiss review provides an overview of the forex and CFD services from BDSwiss to enable you to compare similar brokers. We look at the trading platform, login process and account types, including the RAW account which offers unique trading opportunities and sets BDSwiss apart from rivals.

The broker is a global leader in CFDs and forex trading and has around 1mn client trading accounts.

Trading Platform

The BDSwiss sites default to English language, however, international clients can opt to use the sites in a variety of different languages to suit preferences. It takes less than one minute to register for an account on the platform, so you can be up and trading virtually immediately.

There is not a lot of difference between the layouts of the two BDSwiss sites, although it can be noted immediately that the European site does not offer a Wealth Management option.

It’s easy to navigate around both websites and, if you’re new to trading, you can access the Trading Academy on main BDSwiss site and also on the European site. If you do open a Demo trading account with BDSwiss you need to speak direct to an adviser in order for €10,000 demo trading funds to be added.

You can trade CFDs or forex with BDSwiss and the trading process is clear and concise.

The site offers MetaTrader (MT4) trading and there is complete training available, or you can opt to trade using the BDSwiss WebTrader platform, if preferred.

As you explore their website you will note they offer regular trader webinars, video courses and lots of educational resources geared to traders at all levels. On site quizzes are an added feature of both these sites, and these are great for testing your trading knowledge and confirming you’re ready to start live trading.

BDSwiss trading platform

Assets / Markets

You can trade a variety of asset classes at BDSwiss, including Forex, commodities, indices, shares and cryptocurrencies. If you’re looking to trade the forex markets, you can choose from all major currency pair CFDs, most of the minor currencies and a number of exotic pairs.

There are over 50 currency pairings to choose from.

The platform offers more than five commodity CFDs, including gold, natural gas and oil. Over 140 equity pairs are available, from four of the most popular international stock exchanges. A variety of indices and cryptocurrencies pairings are also available.

The list of available assets is on the increase with BDSwiss, and you can check out the entire range of asset classes after registration.

A very simple example of forex currency trading would be if you opt for a EUR/USD pair, which is one of the major currency pairings. If you are quoted a price of 1.10 for a EUR/USD pair this would mean you buy 1.10 US dollars for 1 euro.

If the price should then change to 1.20, then this is an indicator that the dollar has become weaker against the euro. If you’d taken a buy position on euros against the US dollar then you would stand to profit from the trade. The goal of any forex trading is to anticipate currency increases or drops in order to profit from sales or purchases.

You can find out more about trading forex and CFDs on our website.

Spreads and Commission

Forex pairs and indices are listed by spread on financial marketplaces. The spread refers to the difference between the bid price (which is what you pay for the asset) and the ask price (which is what you achieve when you sell).

Different assets have differing spread values, which are assessed by pip values. You won’t pay trading fees or commissions on most trades with BDSwiss, instead the trading fees are levied within spreads. Spreads change throughout the day and this is dependent on market conditions and volatility.

Small commissions (0.1%) are charged for stock CFD trades and also when you roll a trade over to the following day.

Different account types offer varying average spreads. These are Basic and RAW with the RAW spread account being the most popular at BDSwiss, even though commission charges do apply.

Leverage

As noted above, you can sign up direct to the Swiss platform for BDSwiss, if preferred. One of the major advantages for traders is that this can offer higher leverage. For example, forex trades can be leveraged at 1:400 on major pairings, while commodities can be leveraged at 1:300.

When you opt to trade with the European platform you’re limited to leverage at levels set by the European Securities and Markets Authority (ESMA). So, for example, forex pairs can be leveraged at 1:30, while cryptocurrencies are limited to 1:2.

BDSwiss in numbers

Mobile Apps

Both of these platforms offer downloadable mobile apps which are available from the Apple App Store and Google Play. You can also access BDSwiss Web Trader without a download by simply logging into the platform via your Facebook or Google accounts. You can also trade easily from your tablet while on the go, and all asset classes are covered by the BDSwiss mobile platform.

Payment Methods

When you open an account with BDSwiss you can opt for the trading currency preferred, including UK £, US $, Euros, Danish Kr, or Swiss CHF. The platform offers a variety of ways to deposit or withdraw cash, including bank transfers, credit or debit cards, Skrill and Sofortüberweisung (Sofort).

There are no limits on the amounts of cash that can be deposited or withdrawn, although a EUR 10 fee will be applied to bank transfers under EUR 100 and the minimum withdrawal allowed by bank wire is EUR 50, including the EUR 10 fee.

Demo Account

You can learn all about the BDSwiss platform using a Demo account, but will need to speak directly to an adviser to activate your Forex/CFD demo account.

Deals And Promotions

BDSwiss don’t offer deals or promotions on their site, however, traders can benefit from trading alerts and their education and free seminars are really useful for clients looking to expand their financial expertise.

Regulation And Licensing

Visits the BDSwiss website for a full list of regulators and licenses.

Additional Features

BDSwiss is constantly adding to its assets listings, although it doesn’t offer such a comprehensive range as some of the other major players.

One very valuable feature on the platform is the interactive seminars, giving any trader the chance to learn how to trade like a pro and providing insight into lots of different areas. You just need to register your interest in any webinar listed on the platform(s).

With spreads starting at just 1 pip and available leverage up to 400 times your cash investment, this is certainly a broker that deserves serious consideration.

Account Types

BDSwiss accounts include the Classic Account for retail traders, the VIP account, which is offers reduced spreads and the Raw account, which offers even tighter spreads and is the most popular choice.

Benefits vary with each level, with VIP access, charting tools and access to an account manager all dependant on the account type or deposit size.

Note the BDSwiss Islamic account is not available with the Raw account type.

BDSwiss Account Types

Benefits

Having the option to trade at higher leverages on the Swiss platform is a major advantage of BDSwiss, along with the fact that it’s really easy to register an account. The massive variety of tradable options is also a very positive feature of BDSwiss, for both the Swiss and the European platforms.

Drawbacks

One major drawback with this brand is that it’s necessary to register an account before using the Demo account and training services provided on the platform. Another disadvantage for pro traders is that large trades are not discounted as well as they are at other platforms.

Trading Hours

Once you’ve opened your BDSwiss account you will be able to see all the different trading hours for assets in the Market Overview section of the platform.

Contact Details/Customer Support

The BDSwiss customer support is available via Live Chat from 09.00 to 23.30 five days a week. You can also email the platform via the contact form or at support@global.bdswiss.com. Telephone numbers in a variety of countries are listed on their website, for clients who prefer to chat about any issues.

Safety And Security

Safety and security of clients and the prevention of fraud is important to BDSwiss. All new clients need to send proof of identity prior to being allowed to access the platforms.

Accounts are password protected and BDSwiss guarantee all customer details are encrypted and maintained confidential. No third parties can access client data.

Overall Verdict

Finally, the BDSwiss platforms offer a wide range of equities and commodities for traders.

The platforms are relatively easy to use and the regular trader seminars are a very useful feature for clients wanting to learn more about day trading.

The site offers a useful charting function for trading, in either Candlestick or Line format and you can opt to add in your own preferred indications, from a wide available selection on site. Forex traders will also find the platform offers lots of advanced features for technical analysis and decision-making.

Accepted Countries

BDSwiss accepts traders from Australia, Thailand, Canada, Singapore, Hong Kong, United Arab Emirates, Saudi Arabia, Kuwait, Qatar and most other countries.

Traders can not use BDSwiss from Belgium, Congo, Cyprus, United States, India, South Africa, United Kingdom, Germany, Netherlands, France, Spain, Italy, Romania, Finland, Sweden, Turkey, Switzerland, Russian Federation, Poland, Ireland, Norway, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden.

Compare BDSwiss

Compare BDSwiss with similar brokers that accept traders from your location. Among available brokers these are the most similar to BDSwiss:

  1. InstaForex – InstaForex is a CFD broker providing access to forex, stocks, cryptocurrencies, commodities, and energy, as well as stock indices. With competitive fees and a huge range of available assets, the brand offers safe and reliable trading.
  2. eToro – eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. eToro USA LLC does not offer CFDs, only real crypto assets available.
  3. AAAFx – AAAFx offers CFD trading in forex, commodities, indices and cryptocurrencies.
  4. IG Group – IG-US offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have over 47 year track record of excellence.

BDSwiss Comparison Table

Compare BDSwiss With Similar Brokers
BDSwiss InstaForex eToro AAAFx IG Group
Rating 4.7 4.4
Markets Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto
Demo Account Yes Yes Yes Yes Yes
Minimum Deposit 100 $/€/£ €200 to €50,000 (depending on account type) $10 $10 £250
Minimum Trade 0.01 Lots 0.01 Lots $10 0.01 lots 0.1 lots
Regulators FSC, FSA CySEC FCA, CySEC, ASIC, FSA HCMC (Greece), FSCA (South Africa) FCA, ASIC, MAS, FSCA, JFSA, FMA, CFTC, NFA, BMA, DFSA, FINMA, BaFin
Bonus 100% Deposit Bonus available for Global clients
Education No No Yes No Yes
Platforms MT4, MT5 MT4, MT5 MT4, MT5 MT4
Leverage 1:30 1:30 for retail clients, 1:500 for professional 1:30 EU 1:30 EU, 1:500 Global 1:30
Payment Methods 5 10 14 8 6
Detailed Comparison BDSwiss vs InstaForex BDSwiss vs eToro BDSwiss vs AAAFx BDSwiss vs IG Group
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Review BDSwiss
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eToro
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AAAFx
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Compare Trading Instruments

Compare BDSwiss Trading Instruments
BDSwiss InstaForex eToro AAAFx IG Group
CFD Yes Yes Yes Yes Yes
Forex Yes Yes Yes Yes Yes
Stocks Yes Yes Yes Yes Yes
Commodities Yes Yes Yes Yes Yes
Oil No Yes Yes No Yes
Gold Yes Yes Yes Yes Yes
Copper No No Yes No Yes
Silver Yes Yes Yes No Yes
Corn No No Yes No No
Crypto Yes Yes Yes Yes Yes
Futures No No No No Yes
Options No No No No Yes
ETFs No Yes Yes No Yes
Bonds No No No No Yes
Warrants No No No No No
Spreadbetting No No No No Yes
Volatility Index No No Yes No Yes

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BDSwiss offer 250+ Shares, Indices, Forex, Commodities and Cryptocurrencies markets via CFDs. With spreads from 1 pip and an award winning app, they offer a great package.

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