Bank transfers may take a few business days to clear whilst some methods such as card payments can be instant. There are zero fees on deposits with credit card or electronic wallets. You can use the integrated fully automated technical analysis software Autochartist.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF’s on the BDSwiss MetaTrader 4 (MT4) trading platform. MT4 is a platform available with BDSwiss, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The BDSwiss MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. BDSwiss allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage.

  • Withdrawals can be made through wire transfer, credit/debit cards that are Visa or MasterCard, eWallets that are Skrill or Neteller, and through your internet banking.
  • This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades.
  • BDSwiss brokers have multilingual customer support which is unique and great for its overseas clients.
  • Beginners and inexperienced traders must take the time to learn how to use the BDSwiss trading tools properly.
  • BDSwiss is also registered with the Australian Securities and Investments Commission (ASIC).

The exclusive in-house developed BDSwiss WebTrader focuses on simplicity, speed and reliability, allowing you to trade from all browsers and operating systems without installing or running any additional software. This is great as it means the platform can be accessed from anywhere and is always up to date. Typically, BDSwiss endeavors to expedite the account activation process, often concluding within a day, assuming all requisite documents are in order and readily accessible. Depositing funds into a BDSwiss account is free of charge, enhancing convenience. The CFD fees are integrated within the spread, allowing for efficient and straightforward costings. To do a range of calculations when you are in a hurry or if you are just not a fan of maths, you can use the handy Forex calculator.

Mr. Gittler’s analysis is often quoted by major media such as Reuters, CNN and Bloomberg. The broker’s most competitive offer is a unique approach across the brokerage industry, consisting of a competitive Raw account which can be accessed for a $5000 account balance. Corporate actions such as dividends and mergers will impact equity and index CFDs (though BDSwiss does not openly outline how corporate actions are processed).

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. Completing the offering of this broker are 12 index and 138 equity CFDs. New traders will find this a suitable choice for educational purposes, though advanced traders looking for highly specific assets may find something missing.

BDSwiss Regulation and Licensing in more detail

Because a top tier financial regulator does not regulate them, we would not trade with them. While we found the BDSwiss phone support satisfactory, there is room for improvement in response time. The BDSwiss phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by BDSwiss and found that they could assist us in various languages.

However, we always recommend checking on the regulation carefully and never signing in with an only offshore registered brokers (read more why avoid trading with offshore brokers). Yes, BDSwiss is safe to trade with, it’s regulated by authorities in Switzerland, Cyprus, and other countries and offers low-risk Forex and CFD trading. 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.

Client funds should be readily available to withdraw in a prompt and efficient manner. BDSwiss offers well-designed mobile trading apps for both Android and iOS devices, allowing users to enjoy comprehensive trading functionality, interactive charting, and analytical tools while on the move. Withdrawals are processed by BDSwiss without any extra fees, except for bank wire withdrawals under $100, which incur a $10 charge.

Forex and CFDs Review

You will also have access to Autochartist on a limited basis if you have a BDSwiss Classic Traders account, or full access for VIP and Raw account users. This can really prove insightful and further enhance your trading experience. Here is a more detailed look at the range of trading features the broker provides, and how they may impact your trading experience. The broker will also generally cover any fees which you may incur in making a deposit.

Is BDSwiss a con?

BDSwiss is a trading name of BDSwiss Holdings Ltd., 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. Also, BDSwiss, a holding, serves entities in Cyprus, Germany, and other offices authorized to deliver trading opportunities. Also, you may compare BDSwiss fees to its peer XMtrading and other popular brokers listed and have BDSwiss review is bdswiss regulated consequently before jumping to any conclusions. If your trade size is bigger and the one who prefers a commission basis then Raw Account is your choice. The Raw account offers an interbank spread and commission paid per transaction opening which is 5$. BDSwiss Classic and VIP account fees are all included in the spreads and commissions charged when conducting trade of commodities and cryptos etc. and vary according to the account type you select.

BDSwiss is a Multi-Assets Trading Platform with over 47+ Assets

Don’t be scared off by brokers like BDSwiss charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms. MT5, a newer version, also gained great popularity and featured even more advanced tools and comprehensive analysis options, loved by beginners or professionals. Moreover, there are plenty of strategies to choose from that are helpful for every trader, novice or experienced, either with manual trading or automated trading through EAs. The available versions are suited to various devices and include PC, Mac, Applications or Web platforms requiring no installation. The current clients’ base of BDSwiss counts more than 1.5 million clients from over 186 countries and serves an exclusive Member club with more than 1.5 million traders.

BDSwiss is one of the leading online brokers in the world and has been operating since 2007. This company is based in Switzerland and has its headquarters in Zurich. This is not only good news for you as a trader, but also for BDSwiss because it shows that they have been thoroughly inspected and approved by one of the most respected financial regulatory bodies in the world. This means that BDSwiss can operate in several European countries and offer its services to clients from around the world.

Choose to receive daily market information from your favourite assets in your inbox. As the day develops, this function can convey early warnings of potential trading opportunities. Autochartist can automatically display a forecast zone of projected price levels. This provides insight into the volatility of various assets, indicating which are more or less volatile.

Also, always give additional days for your payment to proceed with the transaction once it is already confirmed and done by BDSwiss. If you want to transfer money between your BDSwiss accounts, send an email to and specify which of your accounts you want to transfer money to and from, and don’t forget to include the account numbers. According to the law, the funds’ security, as well as client protection, be delivered in a variety of ways to provide a secure trading environment.

Nonetheless, the payment options cover bank transfers, Skrill, credit cards, sofortüberwelsung, iDEal, giropay, EPS, and others. With the wide range of assets available for you to trade, you can select your most understanding and most desired instruments combined with the user-friendly portal of the broker to maximize profitability. It has grown to be one of the biggest trading groups having a client base of 1.5 million and counting from over 186 countries which also has an exclusive members club. Being a company that came from Switzerland, experts attribute the strong basis of BDSwiss’s strong services to the great environment it was built in.