BDSwiss is a multi-regulated online trading broker that offers forex and CFD trading in more than 250 tradable instruments across different asset classes, such as currency pairs, cryptocurrency, stocks, indices, metals, energies, and other commodities. Their clients enjoy unique trading platforms, additional trading tools, excellent customer support, a library of educational resources, and quality trading conditions. Founded in Zurich in 2012, the broker has grown into a leading trading broker in Europe.
BDSwiss Review Introduction
In this BDSwiss review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
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BDSwiss Platforms & Tools
The broker provides clients with the ever-popular MetaTrader 4 and MetaTrader 5 platforms, which are available in desktop applications for Windows and Mac computers, web terminals, and mobile apps for Android, Tablet, iPhone, and iPad. There is also their proprietary award-winning BDSwiss web-based platform, which also has a mobile application for Android and iOS devices.
BDSwiss offers a number of useful trading tools, such as Autochartist, Daily Trading Alerts, Intraday Scanning, Volatility Analysis, Chart Patterns, Performance Reports, Economic Calendar, Fibonacci Patterns, Forecast Zones, and Market Reports.
BDSwiss Research & Education
BDSwiss has a “Trading Academy” section that contains a collection of educational resources for beginner, intermediate, and advanced traders. The resources include video courses on different trading topics and a quiz to test your knowledge after taking the course. In addition, the broker also provides trading articles and a glossary of trading terminology, and from time to time, they organize webinars.
BDSwiss Trading Accounts
The broker offers 3 main account types — Basic Account, Raw Spread Account, and Black Account. The Basic Account is the introductory account for beginners, with the spread starting from 1.5 pips but no commission. For the Raw Spread Account, the spread starts from 0.4 pips, but there’s a commission fee. The Black Account is for high-volume traders and comes with VIP support and coaching — with spreads starting from 1.1 pips and no commission. The minimum deposit required to open an account is $200, and Islamic swap free accounts are available upon request.
BDSwiss Account Funding
The broker accepts a number of payment channels for your fund deposits and withdrawals, and they include bank transfer, credit cards, and popular online payment processors, such as Skrill and Neteller. Bank transfers may take a few business days to process, while card payments may be instant. Transaction fees may apply and may depend on the payment method.
BDSwiss Customer Service
BDSwiss provides a multi-lingual customer support service to answer your questions and assist you 24 hours a day, every trading day. You can reach them via telephone, email, and online chat.
BDSwiss is a part of the BDSwiss Group, which has offices around the world and is regulated in multiple jurisdictions, such as the US, Mauritius, Cyprus, and Germany. The group is registered and authorized in the United States and a member of the National Futures Association (NFA). They are licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). BDSwiss is also registered in Germany and adheres to the Markets in Financial Instruments Directive (MiFID). In Mauritius, the broker is authorized and licensed by the Financial Services Commission (FSC).
BDSwiss Review Summary
BDSwiss is an established broker that is regulated in multiple jurisdictions. They offer a good range of tradable instruments through the MT4 and MT5 trading platforms, as well as their own proprietary platform. With many interesting tools and educational resources, the broker stands to offer you a great trading experience.
It is worth mentioning that some of the trading products and services in this BDSwiss review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the BDSwiss broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage 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.