BDSwiss Forex Broker, BDSwiss Review, BDSwiss Information

The BDSwiss official YouTube channel is where past webinars can be accessed. Over 200 videos are in the expanding library, allowing traders to learn at their own pace. Autochartist, generated by a third party, provides manual traders with a useful tool that scans assets for market patterns and trading opportunities and, thus, can give traders a significant edge. The BDSwiss blog provides traders with access to their research and insights. Manual traders who have no need for advanced features may find the MT5 trading platform a better choice.

Every year the magazine’s award is dedicated to recognizing excellence in all industries across the globe. There is also another amazing and helpful tool that can be find in theBDSwiss Research Portal – Daily Market Analysis, which provides 24/5 market coverage and leading financial commentary through daily previews, video briefs and special reports. Besides, Traders will definitely enjoy numerous add-ons as we did, that are available on the market to make trading process a pleasant one. Moreover, there are plenty of strategies to choose from since broker does not impose strict restrictions, so news trading or other strategies are available.

The minimum deposit at BDSwiss will vary depending on your chosen account type. The broker’s VIP account requires a $3,000 minimum deposit and its Raw account requires $5,000, while the Classic account’s minimum first deposit of $100 may vary depending on your country of residence and if you were referred by a third party. Compared to other regulated forex and CFD brokers in South bdswiss forex broker review Africa, the non-trading fees at BDSwiss are marginally higher than many of them. The inactivity fees can be very ineffective for the traders who trade occasionally. BDSwiss offers Islamic swap-free trading on selected trading account levels. BDSwiss offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries.

BDSwiss Safety and Security

Almost instantly you will be able to start trading through BDSwiss platforms. BDSwiss maintains the security of funds along with client protection in multiple ways that ensure a safe trading environment and investors’ legal compliance. The Bdswiss Copy Trading Platform Brings An Element Of Copy-trading To Online Forex And Commodities Trading. It Is Built On The Webtrader Platform With Full Charting, Live Rates, News, And Signals. Bdswiss Is One Of The Most Highly Regarded Brokers, And Specializes In Forex/cfd Trading.

bdswiss forex broker review

Autochartist enables you to monitor hundreds of assets on a 24×7 basis so that no trading opportunity is missed. Since the key levels along with the target are specified, you only need to spend a very minimal amount of time on analysis while the tool also allows for easy customization. BDSwiss offers a lot of diversity when it comes to underlying instruments. BDSwiss enables you to instantly Buy or Sell hundreds of CFD assets including major, minor and exotic forex pairs, metals, energies, indices, cryptocurrencies and shares of the world’s biggest companies.

Does BDSwiss offer leverage and what is the maximum ratio offered?

Latest market events covering currencies, equity, and commodity markets as well as global economic events. It is a fact that you are always protected as long as the broker is regulated by the regulations which BDSwiss maintains remarkably well. Bdswiss Is A Broker That Has Set Itself Apart By Offering Just One Single Type Of Trading Account, But In A Very Flexible Manner. They Offer The Metatrader 4 Trading Platform, Which As You Understand Is Among The Most Popular Trading Platforms Worldwide.

Nigerianstraders must use the same deposit method that was used to fund their accounts to withdraw funds. The trader must then indicate how much money they intend to withdraw and follow any extra instructions. Currency translation costs apply to deposits made by Nigerian traders in any currency other than British pounds, Euros, or US dollars.

We really appreciate it and we hope you continue to enjoy using our services. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. Some of the other important research categories that are factored into our testing include mobile trading accessibility and capability, availability of market research and educational content, and each broker’s overall Trust Score. BDSwiss’ Triple Zero account, launched in February 2022 and available to new clients outside the EU, features all-in pricing close to zero pips .

bdswiss forex broker review

FXCM exclusive content includes YouTube videos showcasing analysts highlighting trending markets and signals like the price movement of popular currency pairs. Apart from the regularly updated market news, the broker also features study material for new traders, walking them through the dynamics of trading Forex and CFD, spread betting, etc. BDSwiss provides unparalleled customer support in 20+ native languages on a 24/5 basis. BDSwiss’ excellent support team is on hand via live chat, email or a toll-free line to resolve any issues and provide traders with the information they need. BDSwiss’ support consultants are skilled experts in the financial sphere and have all the requisite knowledge to help traders resolve any issue at hand. BDSwiss offers a wide range and CFD forex platforms to match your trading needs.

However, we would advise to double-check security layers too if it is suitable for you personally. The maximum deposit limit is $20,000 or equivalent for one month, whereas the minimum deposit limit is never less than $25. Nevertheless, different accounts have different minimum deposit requirements for account activation. BDSwiss’ Autochartist is a powerful market analysis tool that automatically identifies and notifies you on potential trading opportunities, depending on your chosen settings.

Deposit methods

I received immediate attention from my account manager as soon as I opened my account and had it verified. Mario Georgiou has been outstanding, taking me through Dos and Donts of trading, the risk involved and generally to have realistic expectations about trading. And recently he gave me constructive advice on becoming an IB with BIDSWISS. also recognized brokers that demonstrated excellence and innovation with our exclusive Industry Awards.

If an account is idle for more than three months, BDSwiss charges an inactivity fee of 10%. BDSwiss Mobile has an intuitive interface that enables traders to access, monitor, and manage their trading positions easily while on the move. In addition, Nigerians can make use of the same market monitoring capabilities and trading tools that are accessible on the web-based platform. To complete the Know Your Customer procedure, Kenyan traders must provide identification and proof of residence after completing the application. Traders in Kenya access and fund the trading account after the necessary paperwork have been gathered and validated.

With a BDSwiss Black Account, you have access to technical analysis and a personal Account Manager, but bear in mind that trades with this account type may have a commission fee. BDSwiss’ minimum initial deposit is one of the lowest in the industry. We were happy to see during our BDSwiss review that asset selection at BDSwiss is ample but largely dependent on the asset sector chosen. The Forex market represents the most adequately covered sector with 51 currency pairs. Seven commodity CFDs provide traders with an introduction into this asset class. Surprisingly, with 21 cryptocurrencies, this broker offers a fairly substantial range of choices, which is quite refreshing given that this is an area often neglected by brokers.

The broker offers some of the most reliable trading platforms, including its proprietary Trading Station. These trading platforms have some of the most sophisticated tools to help both beginners and professionals. Trading Forex and CFDs is often a risky endeavor where user accounts lose money. To analyze the risk involved and to minimize it, we recommend users first try the demo account rather than starting with real-time trading. Focusingon clients needs and always working on improving its offering, BDSwiss makes no compromises when it comes to client experience.

  • If you using USD currency to add your fund that you need to follow 100USD.In case you are opening a classic live account with ZAR currency the minimum deposit will be 150 ZAR.
  • 👉 The lot sizes you trade should be proportionate to the amount you are willing to risk on each trade, which is directly related to the size of your account and your risk appetite.
  • The available versions suited to various devices and including PC, Mac, Applications or Web platform that requires no installations.
  • The classic account carries an averagespread of 1.5 pips, an unacceptable mark-up relative to the industry.
  • Coherent research allows the data review online to be more comprehensive.

Nevertheless, where web-based trading systems are concerned, the Trading Station web version is the best in the industry and very helpful for traders. The demo account is ideal for analyzing price movements of the currency pairs or CFDs. It also executes trades in real-time to understand how best the strategy works before trading for real. As the name suggests, it is a trading simulator that enables traders to backtest their trading strategy. Users can log in to their demo accounts using their registered email address and password.

This includes PC, Mac, Applications or Web platform that requires no installations. See some of our finds for benefits and disadvantages of the platform below. Under its FSC regulated entity BDS Markets, BDSwiss also offers Premium account. However, as we always recommend check on the regulation carefully and never sign in with only offshore registered brokers . BDSwiss operation offices located in offshore zones Mauritius and Seychelles, which is registered by the Mauritius Financial Services Commission and all in all enhance the broker’s possibility to offer its service to various residents globally.

Mobile Trading

Experienced traders and professionals can also use this demo feature to try different trading strategies. Dubbed as the World’s No.1 Trading Platform BDSwiss Forex MetaTrader 4 platform enables you to trade with confidence and security. The BDSwiss Forex MT4 is perfectly equipped with all the necessary tools and resources needed to analyze price dynamics of financial instruments, make and edit trade transactions, as well as create and use automated trading programs .

What happened with BDSwiss in the UK?

Metatrader 5 being a newer version has gained great popularity and features even more developed tools and comprehensive analysis options, loved either by beginners or professionals. Moreover, there are plenty of strategies to choose from that are useful for every trader, novice, or experienced one either with manual trading or automated trading through EAs. BDSwiss is an international brokerage firm established in 2012 in Zurich, and it offered only Forex and CFD trading back then. BDSwiss quickly approached Markets and became one of the largest trading groups. A BDSwiss review by any expert will mention the number of clients BDSwiss has, as it says everything you need to know about its popularity and trading success. BDSwiss has more than 1.5 million clients from over 186 countries and serves as an exclusive Member club with more than 1.5 million traders.

BDSwiss provides access to seamless trading through the great range of 250+ underlying assets, while you may choose from leading Indices, Forex, Commodities and Cryptocurrencies based on CFDs. However, range of instruments depending on the account type or BDSwiss entity you use. Full BDSwiss pricing including funding fees and Administration fee for non-use account, see the table below. BDSwiss is one of the best online trading platform with the most outstanding services ranging from both crypto,fx,commodities and so much more.

Large volume traders can take advantage of the lower spreads and commission with Raw account type. Plus, traders can trade a wider range of CFD instruments at BDSwiss compared to other CFD brokers in SA. The Classic & VIP account types at BDSwiss can be opened with either MT4 or MT5 trading platforms and the number of available trading instruments is nearly the same. 250+ ​CFDs on Shares, Indices, Forex, Commodities and Cryptos are available with these 2 account types.

The company was awarded for its in-house developed mobile trading app which offers easy access to more than 250 instruments from 6 asset classes to online traders. Most of the payment modes like wire transfer, Skrill, Union Pay, involve no additional transaction charges. Users can also deposit funds via Neteller, Klarna, Rapid Transfer, credit or debit card, cheque, bank wire, etc.

So the conclusion comes to the point of a quality BDSwiss offering that may suit either beginning traders or even seasoned professional traders. BDSwiss is a trading name of BDSwiss Holdings Ltd., which is a company incorporated under the laws of Cyprus which also holds a Cyprus Securities and Exchange Commission license to provide its legal financial and trading services. You will also access useful information with market alerts, trading information, and analysis through its established BDSwiss Blog, which is definitely good and necessary for any trader, especially beginners.

BDSwiss has also won the Best spreads and trading conditions award at International Investor Award in 2022. BDSwiss clients can choose their preferred deposit method right before they fund their accounts and enjoy $0 fees on all deposits. BDSwiss has good reputation and user friendly trading conditions, there is good choice between trading platforms, account opening is fast and customer service is great quality with education and research tools. For lower volume traders and beginners, their cost can be slightly higher compared to a few regulated brokers in South Africa.