BDSwiss (bdswiss.com): broker review, rating and customer reviews

15.09.2022

Year of foundation

2012

Site

https://eu.bdswiss.com/

Software

MetaTrader 4, MetaTrader 5, Web trader, mobile application

Payment systems

Giropay, Sofort, EPS, Ideal, Dotpay, Skrill, Neteller, bank transfer, Visa, Mastercard, Maestro

Rating

6.4

  1. General information
  2. Investment programs
  3. Affiliate program
  4. Trading terms
  5. Commissions
  6. Types of accounts
  7. Bonus Program
  8. Safety guarantee
  9. Deposit and withdrawal of funds
  10. Support Service
  11. Overview of the personal cabinet
  12. Contact
  13. BDSwiss customer reviews

BDSwiss is a brokerage company operating in the financial markets since 2012. This online broker has a CySEC license and gives traders access to assets of international currency, commodity and stock markets. The company works with investors from all over the world, so it offers multi-language technical support. When writing a review about BDSwiss, we analyzed the trading and financial conditions of the online broker.

📊 Assets

Forex, indices, stocks, commodities, cryptocurrencies, ETFs

⚖️ Leverage

1:500

➕ Affiliate Program

Yes

💰 Minimum deposit

$100

💳 Account currency

EUR, USD, GBP

💹 Spreads

from 0 points

💸 Brokerage accounts

Classic, VIP, Raw

🎁 Bonuses

No

📱 Mobile Platform

Yes 

General information

Online broker BDSwiss in its work focuses on classic trading without the use of services for automatic trading. The absence of possibilities for passive investing the company compensates the big quantity of analytical tools for the forecasting of the assets quotations. New traders have access to training materials and can also enlist the support of the broker's analysts.

Home page BDSwiss

BDSwiss provides comfortable trading, providing modern trading terminals and a rich database of training materials. The company cooperates both with beginners and experienced traders. To improve your skills, you can take investment courses or join the trading academy.

The broker's advantages

  • The ability to trade anywhere from your cell phone.
  • Islamic custody-free account.
  • Wide choice of analytical instruments.
  • Wide educational system.

Disadvantages of the broker

  • Lack of opportunities for automatic trading.
  • The commission for the inactive account.
  • The absence of bonuses.

Investment programs

BDSwiss is focused on active traders, who prefer independent trading on financial markets. In this regard, the online broker does not have investment programs for automatic trading. The company does not provide a service for copying trades, PAMM-accounts and other similar opportunities.

Affiliate program

The company offers several variants of affiliate programs. You can become a partner of the broker, promoting its services on your own Internet resources: websites, blogs, social networks. For each attracted trader partner receives compensation. The reward amount depends on the number of attracted referrals.

BDSwiss also cooperates with legal entities under the White Label program. The company offers its experience and support to partners who want to establish a brokerage business from scratch. The White Label Program Starter Kit includes trading products and detailed instructions on how to set up a brokerage firm.

Trading terms

Of the assets available, BDSwiss has Forex, stocks, indices and commodities. Spread and leverage depend on the financial instrument and account type chosen. The maximum leverage level at the broker is 1:500. The advantages of BDSwiss include instant order processing. The company cooperates with trusted liquidity providers, so the quotes of assets in the trading terminal are displayed in real time.

For trading in financial markets the company provides convenient trading terminals, such as Metatrader 4 and Metatrader 5. Investors can also use the proprietary BDSwiss WebTrader. For mobile trading the broker offers to download the application for smartphones, compatible with Android and iOS operating systems.

Commissions

BDSwiss does not charge for deposits and withdrawals. Fees for such financial transactions can be set by banks and payment systems. Additional commission may be charged if you make a deposit or withdraw funds in a currency other than the one set on your trading account. Among the non-trading commissions the online broker has a fee for an inactive account. If you don't trade in your account for 6 months or more, €10 will be deducted from your balance.

BDSwiss has trading fees that are charged when you trade on the financial markets. These include swaps and spreads. The former are charged if you do not close a position before the next trading day and leave a trade open. Spreads in the company start at 0 pips.

Types of accounts

The company offers three basic types of accounts. Trading accounts differ in the level of initial deposit, spread size and trading conditions. You can choose the optimal plan:

  1. Classic: the minimum deposit of $100, spreads from 1.5 pips, all basic functions for small trading volumes.
  2. VIP: $3,000 minimum deposit, spreads from 1.1 pips, VIP Webinars.
  3. Raw: the minimum deposit from $5,000, spread from 0 pips.

Traders also have access to a demo account, which can be opened after registering on the broker's website. When using a demo account, you do not need to make a real deposit. A demo account can be opened when choosing any BDSwiss tariff.

Bonus Program

The online broker does not offer a bonus program to its clients. The company does not use financial rewards for active trading, depositing and other actions of traders. Perhaps in the future BDSwiss will introduce bonuses and rewards for traders' investment achievements.
Training materials

On the BDSwiss online website you can find training materials to learn the principles of trading in the financial markets from scratch. You can join the trading academy founded by the online broker. Market overviews, e-books, a glossary of basic Forex terms, and videos are available to the company's clients. You can attend live webinars and online seminars for more effective training.

As the online broker focuses on active traders, its official website contains tools for analyzing financial markets. BDSwiss customers have access to an economic calendar, trading calculators, and a trading signals service. You can also independently analyze the state of financial markets and predict asset quotes. You can use daily analytics, BDSwiss experts' forecasts and technical analysis data.

Safety guarantee

The company pays increased attention to the financial and personal safety of investors. SSL (Secure Sockets Layer) protocol is used for encryption of personal data. It provides anonymity of users at carrying out financial operations on depositing and withdrawal of funds.
The company has an official license CySEC. Its activities are controlled by several supervisory agencies that resolve disputes arising between the broker and traders. The disadvantages of the company include the lack of segregated accounts and the compensation fund in case of bankruptcy of BDSwiss.

Deposit and withdrawal of funds

For deposit and withdrawal of funds you can use cards Visa, Mastercard, Maestro. Wire Transfer is also available. The advantage of the broker is the great variety of electronic systems for deposit and withdrawal transactions. Among them are Giropay, Sofort, EPS, Ideal, Dotpay, Skrill, Neteller. All financial transactions are available to BDSwiss customers only after verification and confirmation of identity.

Support Service

BDSwiss technical support service works in 24/5 mode. As the broker cooperates with clients from more than 180 countries, the managers of the support service provide consultations in several languages. It is possible to contact the technical support service through online chat on the broker's website, by email or telephone.

Overview of the personal cabinet

To get access to the personal cabinet and open a trading account, you need to register on the BDSwiss website. After registration and verification, you can open a demo account in your personal account, or you can fund your real account and run the trading terminal. The personal cabinet also provides information on financial transactions, data on the referral program, transfer of funds between several accounts.

Form for logging into your BDSwiss account

Contact

Phone

To contact a broker by phone, leave your contact information on the BDSwiss website

E-mail

[email protected]

Social media

https://www.facebook.com/BDSwiss/, https://twitter.com/BDSwiss, https://www.instagram.com/bdswiss_germany/, https://www.youtube.com/channel/UCWMS8bvTqu95RG9DyaGVwLQ

BDSwiss customer reviews

After studying the reviews of traders about BDSwiss, we found out that investors miss the possibility of automatic trading. Clients of the company also note the lack of bonuses for active trading. The advantages of the online broker can include a stable withdrawal of funds, a large choice of payment systems and a large variety of training materials.

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