BDSwiss – The Best Forex Broker?
Read our BDSwiss Forex broker review below...
...BDSwiss offers its clients a reliable investment tool in the CFD/Forex market. The broker is fully compliant with the EU Financial Instruments Directive 2014/65 or MiFID II. The broker has all the necessary tools for online investing: a very successful platform, a well-developed training department where we can take the necessary courses and webinars.
By providing its clients with the best trading conditions and software, BDSwiss has become the top choice for many traders. Now more than 1 million traders from different countries of the world trade with BDSwiss. The company also has offices located in other countries such as Germany and Italy. This is one of the most popular brokers in Europe.
Commission-free trading available
Webinars from professional traders and analysts
Wide range of tradable assets
Excellent liquidity and quick execution
Exclusive Member Club available
A wide range of more than 250 CFD tools
Does not accept US traders
Commissions charged for Raw Account
Support not available 24/7
Restricted leverage for EU clients
No running promotions or tournaments
Commission for account inactivity within 90 days
The company was founded in 2012 under the brand name BDSwiss Holding PLC. BDSwiss (Banc de Swiss) is a broker that has established itself as a reliable partner in the financial industry. At the moment, this forex broker serves more than a million clients around the world. BDSwiss is focused on the European Union and is regulated by organizations such as CySEC, NFA, FSC, FSA and BaFin. In addition, all BDSwiss accounts are guaranteed by the Investment Compensation Fund of up to €20,000 per account. Therefore, clients should have no reason to worry as the broker is safe and reliable. In February 2016, FXEmpire named BDSwiss «Most Trusted Broker of 2015». Also in 2019, World Finance awarded it the title of «Best Trading Conditions». Reliability, transparency and customer-focused content are what sets BDSwiss apart from the competition.
BDSwiss offers trading of currencies, indices, cryptocurrencies, CFDs, ETFs and commodities. This broker offers, above all, very favorable trading conditions and a leverage of 1:500. They try to make their asset offer as diverse as possible, and literally everyone can choose from it. Finally, all resources and strategies are designed and tested by industry professionals and can be accessed free of charge on the website or through free apps. The platforms include MetaTrader 4, MetaTrader 5 and the Web version. MetaTrader 4 is considered the industry standard platform and is often used by professionals with extensive trading experience. MetaTrader 5 is a more advanced platform with additional features including hedging capabilities. Traders can use all of the broker’s functions through iOS or Android apps. You can also log into the web version simply by logging into the site using Facebook or Google.
BDSwiss accounts have been designed to meet the needs of different types of traders, allowing them to trade on some of the best conditions in the industry. The broker offers a total of 3 account types: Classic, VIP and RAW, which differ in spread size, access to customer service or market analysis. Whichever option you choose, the account creation process is quick and easy. All accounts are available services without a swap. Trading accounts include conditions such as:
- BDSwiss Classic – deposit $/€/£ 100, no commission, spread from 1.5, leverage 1:500;
- BDSwiss VIP – deposit $/€/£ 3,000, no commission, spread from 1.1, leverage 1:500;
- BDSwiss RAW – deposit $/€/£ 5,000, commission $/€/£ 5, spread from 0.3, leverage 1:500.
The customer service office is available via live chat or Telegram. You can also contact the support service by phone number. If you need more information, we can do so by sending an email to [email protected] In addition, the BDSwiss broker support service is available in 20+ different languages, including of course English. The customer service team is available anytime on weekdays.
The broker offers standard options for depositing withdrawals. Replenishment of the account is carried out by bank cards or through international electronic payment systems: Skrill, Neteller, DotPay, Sofort, EPS, GiroPay, iDeal, Paysafecard, Ukash, SafetyPay. The broker does not charge a commission for depositing and withdrawing funds. However, the condition that the payment amount exceeds 20 euros must be met. Credit card withdrawals are processed almost immediately and usually take two to seven business days. From a security point of view, they are quite reliable as they use 256-bit SSL encryption and 3D security.
BDSwiss is a reliable partner that can be recommended to both beginners and those who have reached a certain level. BDSwiss has been continuously growing and developing since its inception. This broker is designed for profitable trading on the platform, including instant processing of orders and regulation by the European Union, which provides additional security. On the security front, it should be noted that the provider gets pricing from the Reuters news agency and keeps the security technology up to date. Traders can rest assured that client funds are kept separate from company assets. Overall, the broker is truly one of the best for inexperienced as well as professional Forex traders.
BDSwiss FAQ on the broker
1 Is BDSwiss a regulated broker?
Yes, BDSwiss is regulated by CySEC, NFA, FSC, FSA, BaFin in Switzerland and others.
2 What trading platforms does BDSwiss offer?
BDSwiss offers the full suite of MT4, MT5, Web, Mobile.
3 What is BDSwiss maximum leverage?
Maximum leverage at BDSwiss is 1:500.
4 What methods can I use to deposit and withdraw funds on BDSwiss?
Deposits and withdrawals with this broker can be done using these methods: Maestro, Mastercard, Visa, PayPal, Bank Transfer, Skrill, Neteller, DotPay, Sofort, EPS, GiroPay, iDeal, Paysafecard, Ukash, SafetyPay.
5 What is the spread of the BDSwiss broker?
The spread for this broker is on average BDSwiss is 0.3 - 2 pips.
6 What’s the minimum deposit to open a Live account at BDSwiss?
The minimum deposit to open a Live account is 100 USD.
7 What cryptocurrencies are available at BDSwiss?
In this broker are the following cryptocurrencies for trading: BTC/USD, ETH/USD, LTC/USD, XRP/USD, BCH/USD, DASH/USD, EOS/USD, IOTA/USD, NEO/USD, OMG/USD, TRX/USD, XMR/USD, ZEC/USD.
8 In what currency can I open an account with BDSwiss?
With this brokers you can open an account in currencies: USD, EUR, GBP, NOK, PLN, SEK, DKK.
9 What Trading Instruments are available at BDSwiss?
On BDSwiss, you can trade financial instruments such as: CFDs, Forex, Crypto, Stocks, Commodities, Indices, Energies, ETFs.