I opened an account with BDswiss to trade and Andreas was assigned as my account manager. He shared knowledge and gave me the confidence to place bigger trades and help me recover my losses from 3 years ago within a month. He explains bdswiss forex broker review things in a way that is easy to understand and shares fantastic strategies. I had an issue with withdrawal and he was there chasing accounts on my behalf. Andreas is super helpful and I’m thankful to have him as my account manager.
This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).
- You can choose between the industry standard MetaTrader 4/5 platforms, both which deliver a user-friendly and sophisticated trading experience.
- With zero requotes and 73.40% of zero or positive slippage, on paper, the statistics suggest an excellent execution environment.
- Customer support services are rendered via live chat, telephone, email, WhatsApp, Telegram, and a call back service in German, English, Italian, Spanish, French, Greek, and Portuguese.
- Anthony has tested dozens of forex trading tools and written hundreds of articles for many well-known sites in the industry.
These resources empower clients with the essential tools and information needed to navigate the financial markets effectively. This BDSwiss Forex broker review will dive into every aspect of the brokerage firm to help potential clients determine if the platform is right for them. To accommodate, assist and educate traders, BDSwiss incorporates multiple trading tools within its platforms. This includes a wide range of course material for beginners, intermediate, and advanced traders as well as seminars, webinars and educational videos. Extra features include the ability to display 100 charts simultaneously, advanced order types, over 80 technical indicators, over 40 analytical objects, multiple charting/analysis options and more timeframes.
BDSwiss Platforms Summary
The available versions of both MetaTrader4 and MetaTrader5 suited to various devices and including PC, Mac, Applications or Web platform that requires no installations. Yet you can download the desktop version for those platforms and use its full capability, which is more required by active or professional traders. Leverage, known as a loan given by the broker to the trader enables you to trade through the multiplied volume that may raise your potential gains, yet in reverse increases high risks too. So firstly you should learn how to use tools smartly, also various regulatory standards and restrictions set a particular allowed level of leverage that is considered to be safe. However, we would advise to double-check security layers too if it is suitable for you personally. Based on our review and Expert Opinion in Forex Trading, BDSwiss is a trustable broker with good reputation for years of its operation and quality trading conditions, also with a good technical trading offering.
- However, it’s better that you check the service charges of the respective service provider.
- Bank transfers may take a few business days to clear whilst some methods such as card payments can be instant.
- The USA is among these exceptions with trading not available there, though BDSwiss does an excellent job of being available in other locations.
- This broker is available in more than 180 countries and offers more than 200 assets to trade.
- MT4 is a known industry intuitive platform, even though might be with little outdated layouts, still is widely used platform.
The primary trading academy is divided into three courses for novice, intermediate, and experienced traders. Each course includes videos as well as a quiz at the conclusion to put your knowledge to the test. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. The minimum deposit at BDSwiss will vary depending on your chosen account type.
Multiple educational and research resources like Autochartist and Trading Central can help beginners to learn and improve their trading skills. Multiple educational and research resources like AutoChartist and Trading Central can help beginners to learn and improve their trading skills. BDSwiss offers three account types which are Classic, Vip and Raw, created to cater to the needs of different Forex traders with either lower costs according to trading sizes or advanced services once size increases. This European-based financial institution specializes in CFD trading, Forex trading and binary options. It features a fully comprehensive strategy center that was created by experts in the financial industry.
Forex Fraud Certified Brokers
BDSwiss is fully regulated by the Financial Services Authority (FSA), the Financial Services Commission (FSC), the Financial Sector Conduct Authority (FSCA) and the Mwali International Services Authority (MISA). Also, you may compare BDSwiss fees to its peer BlackBull markets and other popular brokers listed below. Webinars are free to non-clients and only require signup to participate.
BDSwiss Forex broker review: Upsides and Downsides
While the most basic version of the MT4/MT5 versions are granted, there is an optional Autochartist plugin for the MT4 but any other EAs and plugins need to be downloaded independently by BDSwiss traders. Numerous free upgrades are available, however, the upgrades that are necessary for experienced traders may be costly. Moreover, the MT5 platform lacks backward compatibility, rendering it an inconvenientoption to traders with existing solutions developed on the MT4 infrastructure. The margin call / stop out for BDSwiss is 50% / 20% on all account types. One of the other great points we should admit is Customer Support. BDSwiss multilingual support is available with service the trader requires daily which is also on a very sustainable and professional level.
BDSwiss VIP account
More importantly, BDSwiss caters to a diverse global audience, as evidenced by its website’s availability in 22 different languages and a multilingual support service that speaks 20 languages. This commitment to accessibility and inclusivity extends to the provision of advanced tools designed to meet the needs of both professional traders and institutional clients. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.2 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Since discovering this platform in 2018, I have never had any trading issues with regards to Deposits, withdrawal.
Keep in mind that previous performance is not a guarantee of future performance. Trends Analysis, created particularly for BDSwiss traders in collaboration with the brilliant Autochartist, is a one-of-a-kind tool that allows you to detect possible trading opportunities right on BDSwiss’ WebTrader. You can discover developing and recently completed trends for hundreds of assets, observe pattern overlays and forecast price movements on the chart in real-time, and conduct trades with a single click. BDSwiss does not charge any deposit or withdrawal fee for using any payment options.
Overall, our BDSwiss review has found a top international broker who is well-regulated and takes the protection of traders very seriously. Beyond this, if you choose BDSwiss, you will be getting an experienced broker with a range of suitable account types available to be accessible to all. The BDSwiss mobile trading platform is again proprietary in nature and has actually won multiple awards in recent years for the service it provides.
Trading Conditions and Features with BDSwiss
While this broker describes itself as part of a worldwide operating group with holdings in Switzerland, the primary regulator appears to be the Cyprus Securities and Exchange Commission (CySEC). BDSwiss is also regulated by the Financial Services Commission of Mauritius which allows the broker to offer non-EU residents more flexible leverage options. BDSwiss does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment.
Perhaps the better and more advanced educational material from BDSwiss comes in the form of weekly strategy webinars and frequent live seminars held at BDSwiss’ local offices around the world. The BDSwiss minimum deposit will vary depending on the account type you choose, though for a BDSwiss Classic Account type, the minimum deposit will be just $100. As with all of the major forex brokers we have reviewed, here you will find the very latest on BDSwiss and why they may be the ideal broker choice for you.
What funding options does BDSwiss offer?
There is a short form that they estimate takes around 49 seconds on average to complete. You just need to enter a few basic details and then verify your email address. After that you will need to upload a proof of identification and address such as a passport and utility bill.