BDSwiss Review for 2020 ++ Broker Rating

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BDSwiss Review for 2020 ++ Broker Rating

Europe’s leading financial institutions specializing in Forex/CFD trading. The idea of BDSwiss was born in Kilchberg close to Zurich, Switzerland in 2020 where one of the founders was living.

The business was established back in 2020 and has since then been providing online trading services to almost a million clients worldwide.

We pride ourselves in providing the best possible trading conditions, state of the art platforms and unparalleled support. Today BDSwiss is part of a worldwide operating group with its holding in Zug, Switzerland.

  • Access to An extensive education material and market analysis
  • Offers a Raw Spread account has one of the lowest fees in the industry
  • Over 250 assets are offered for trading
  • Raw Spread sccount only offers MetaTrader 4 as a trading platform
  • Most stand-out benefits only offered to premium Black account holders
  • Company Info
  • Swap Comparison
  • Volume Comparison
Headquarters Limassol, Cyprus
Type of Broker STP
Founded 2020
Regulated By Regulated By CySEC (Cyprus), FSC (Mauritius)
Offices In Cyprus, Germany, Albania
Supported Languages English, german, italian, spanish, polish, czech, portuguese, chinese, french, indonesian, malaysian, dutch, danish, swedish, russian, arabic, south korean
ESMA Regulated? This broker is regulated within the E.U and issubject to ESMA’s new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article

Typical Spread on Majors – Live Better spreads my be offered by the broker on other accounts.”alt=”info” />

EUR/USD 1.6
GBP/USD 1.8
USD/JPY 1.6

* STANDARD account shown.

Order Excution Tests Results – Live Measurements are taken daily and news event measurements once a month”alt=”info” />

BDSwiss Server Location:

Mountain View, United States

Our Client Terminal Location:

St. Louis, United States

Average Time (ms)

Order Excution (Normal Hours)

Order Excution (During News)

Review Sections

BDSwiss may sound like a Swiss Forex broker, and the idea behind the company may have been originated in Kilchberg, close to Zurich, but the company has as much relevance to Switzerland as Federal Express (FedEx) has to do with the Federal Reserve Bank of the United States – Nothing.

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Having that confusing part of the story behind its name out of the way, BDSwiss opened its door for business in 2020 and over the last few years, it has established itself to be one of the market leaders in the Forex brokerage industry. The company behind BDSwiss is called BDS Markets and it is a registered and regulated brokerage firm operating out of the tiny island nation of Mauritius, which is situated off the coast of Africa in the Indian ocean. The office of BDSwiss is located on the 6th Floor of Nexteracom Building, Ebene, Mauritius.

As of the end of December 2020, the company has over a million registered trader and facilitates close to $11.5 billion in trading volume per month. The company has gained huge popularity among Forex traders because of its aggressive affiliate marketing that currently boasts around 16,500 promoters. In 2020, BDSwiss received the prestigious “Best Trading Conditions” and “Best Trade Execution” awards from World Finance magazine.

BDSwiss has several subsidiaries around the world and is regulated by a number of Governments. As a true ECN/STP market access provider to Forex traders, the company has gained an ironclad reputation for being a transparent broker that offers competitive pricing. If you are in the market to pick a new Forex broker, BDSwiss might have the features to be your new broker.

Regulation and Safety of Funds

Although BDSwiss is based on a tiny Island, it has a presence in major financial markets around the world. The mother company of these various subsidiaries in different countries, BDS Markets is authorized and regulated as an Investment Dealer in Mauritius by the Financial Services Commission (FSC) under License No. C116016172.

BDSwiss’ subsidiary in the United States is called BDSwiss LLC and it is registered as a financial institution with the U.S. National Futures Association under NFA ID: 0486419.

In the European Economic Area (EEA), BDSwiss operates under its subsidiary in Cyprus called BDSwiss Holding PLC, which is regulated by the Cyprus Securities and Exchange Commission (CYSEC) under the License No. 199/13.

Last but not least, BDSwiss operates a Tied Agent in Germany called BDSwiss GmbH that promotes investment services and the BDSwiss Holding PLC. The BDSwiss GmbH is a registered company under Registration No. HRB 160749B.

Under the regulatory direction of the CySEC, BDSwiss account holders can sleep more soundly knowing that all client deposits are placed with a top tier bank and the broker has no access to clients’ funds to run its operations. By keeping the client deposits in a segregated account, BDSwiss complies with regulators and ensures that in case of an unlikely liquidation of the company, client funds will be secured in a separate account.

Trading Services: Types of Forex Trading Accounts Offered by BDSwiss

BDSwiss primarily offers three different trading accounts to serve the different needs of investors. All three accounts offer basic features like leverage up to 500:1, and over 250 financial assets, the ability to hedge your positions, no commission ECN trading facilities, and the same trading platforms. However, the main difference between these three accounts is the fee structure. Also, depending on the amount of investment you are willing to make with BDSwiss, the broker offers some fringe benefits to higher-tier customers.

The first account offered by BDSwiss is called a Basic account and as the name suggests, it is targeted towards beginner traders who want a fixed spread account with the predictable fee structure. The Basic account offers traders the ability to trade as low as Micro lots (0.01 lot worth 1,000 units of currencies) and as high as 50 lots.

The second account, the Raw Spread, offers variable spreads, but the minimum spread for pairs like EUR/USD starts at as low as 0.3 pips, where the Basic account charges 1.5 pips for the same currency pair. The Raw Spread Account is a subscription account that requires a monthly subscription in which you either sign up for the “Raw Grow” or “Raw Pro” account, based on your monthly trading volume – the monthly subscription fees of €29/mo and €79/mo respectively, are what enable traders to access extremely tight spreads and all with zero commissions. This is a fairly unique and innovative offering, likely to appeal to a range of trading styles and BDSwiss also offer a low volume trial access to the Raw accounts by way of a €1/mo “Raw Trial” account.

The third account offered by BDSwiss is called Black and it is basically designed to lure high-value Forex traders who require a more premium service like VIP Trading Sessions, Real-Time Trading Alerts, Dedicated Account Manager and Transactional Requests Priority. The Black account does offer these fringe services, but traders end up paying more in spreads as average spreads for a pair like EUR/USD with the Black account starts at 1.1 pips, much higher than the Raw Spread account’s 0.3 pips. The Black account also features the same 250+ tradable assets like the other two accounts. Also, keep in mind that the minimum lot size you can trade with the Black account is set at 0.1 lots or a Mini lot worth 10,000 units of currencies.

BDSwiss usually requires a minimum deposit of $100 to open a live account, but the free demo accounts come with no expiry date. Hence, if you are not yet sure about the viability of your trading strategy, you can use a demo account for as long as you want before making the $100 deposit in your live account with BDSwiss.

A quick comparison of different accounts offered by BDSwiss

Basic Raw Spread Black
Trading Platform MetaTrader 4 & 5 MetaTrader 4 MetaTrader 4 & 5
Commission (per lot) None None None
Starting Deposit (USD) $100 $100 $100
Leverage 500:1 500:1 500:1
Assets for Trading 250+ 250+ 250+
Indices, Commodities, Metals Yes Yes Yes
Minimum trading volume 0.01 lot or Micro lot 0.01 lot or Micro lot 0.01 lot or Micro lot

Trading Platform & Technology

As an STP/ECN broker, we were surprised to find that BDSwiss has not invested to get a cTrader licence but offers only the MetaTrader 4 platform for the Raw Spread account. However, if you have opted to open the Basic or the Black account, you can get access to the market via the latest MetaTrader 5 platform as well.

Nonetheless, both MetaTrader 4 & 5 platforms are very capable software for Forex traders. Both platforms come with over 50 built-in technical indicators that you can utilize to develop your custom trading system and backtest using the free strategy tester.

Also, MetaQuote, the company behind MetaTrader, runs a marketplace where you can purchase thousands of ready-made automated trading strategies as well as custom technical indicators to improve your competitive advantage.

With MetaTrader 4, traders get more choice of custom-built indicators and automated trading algorithms as the platform has been in service much longer and the trading community has been developing these tools with it for over a decade. However, the latest MetaTrader 5 platform does bring a lot of new order types that are beneficial to discretionary traders. Also, the improved software architecture of the MT5 platform is more stable.

As MetaQuote has stopped offering MT4 licenses to new brokers, it is recommended that you try to migrate existing automated systems to MT5 to future proof your strategies. However, as BDSwiss does not offer the MT5 platform for the Raw Spread account, trading on the latest platform would be relatively expensive with this broker.

BDSwiss offers remote access to your Forex brokerage account via the MetaTrader WebTrader platform. In addition, you can also download the BDSwiss Mobile Apps for both Android and iOS devices to trade on the go.

Here is a summary of our order execution test results.

Order Execution Test Results
BDSwiss MT4 Server Location United States – Mountain View, California
Our Client Terminal Location United States – St. Louis, Missouri
5 Day Average During Normal Hours (Pips) Slippage During News Event (Pips)
Slippage 0.0000 0.0000
5 Day Average Time (Milliseconds) Lowest Time (Milliseconds)
Order Execution (Normal Hours) 293.6 250
Time (Milliseconds)
Order Execution (During News) 438

Customer Service and Support

BDSwiss has one of the most diverse multilingual support teams in the Forex industry. The website is translated into 22 languages and traders can call 10 different phone numbers strategically located in different parts of the world to service customers in various languages.

Besides, English, BDSwiss currently offers phone support in German, Italian, Spanish, French, Greek, Swiss and Portuguese.

We were delighted to find out that BDSwiss has invested to provide customer support via several non-traditional channels. Besides emailing their customer support at [email protected] or requesting a call back from your broker, you can also use a live chat function on the website during market hours. In addition, BDSwiss support can be reached by popular chatting apps like WhatsApp and Telegram.

During our customer service test, we found the support staff of BDSwiss to be extremely helpful and knowledgeable. In fact, BDSwiss is perhaps the only Forex broker that employs full-time market analysts to aid traders with difficult technical analysis queries. Moreover, we found the vast educational resources available to BDSwiss customers as very helpful to the beginner traders.

Based on our criteria, we gave the following ratings to their customer service:

The final rating for customer service experience
Weight Nominal Rating Weighted Rating
Connection Time 10% 4.0 0.40
Toll-free Number (Yes/No) 10% 1.0 0.10
Multilingual Support 10% 5.0 0.50
Professionalism 25% 4.86 1.21
Resolving Issues(Yes/No) 45% 5.0 2.25
Final Rating 3.97 4.46

Deposit and Withdrawal Methods

BDSwiss does not impose any deposit fee regardless of which payment method you select. However, we found the BDSwiss policy for withdrawals is rather expensive as if you withdraw less than $100, you will have to pay a $10 fee, which is more than 10%! Also, to deter clients from making small withdrawals that increase unnecessary stress on staff, BDSwiss imposes a $10 fee for all other withdrawals methods (for amounts less than $20). However, this does not include credit card withdrawals as refunds.

While we did not find any information about any third-party e-payment service on the website of BDSwiss, our research suggests that they do accept deposits and withdrawals via AstroPay, FasaPay, Giropay, Globe Pay, iDEAL, iSighthis, Neteller, Rave, Skrill, and SOFORT.

Current Promotions and Bonus Offers

BDSwiss currently does not offer any deposit bonus offer.

The Bottom Line

As far as regulation is concerned, BDSwiss has its clients pretty much covered as they are regulated by the financial authorities in Mauritius and Cyprus. However, we found it interesting that although they have a registered company in the United States as well as registered with the U.S. National Futures Association, they currently do not accept clients from the U.S. Nevertheless, BDSwiss serves Forex traders from most of the world, including key markets in Europe and Asia, as well as Australia.

As a Straight Through Processing (STP) Forex broker, BDSwiss has been growing steadily among traders who look for a bit more from their broker than the most competitive fee structure and low spreads. Although they do not charge any commissions for ECN accounts, the spreads are rather high, unless you do not mind trading their subscription based Raw Spread account’s with the MetaTrader 4 platform.

Based on our research, we have assigned the following ratings to BDSwiss. To know more about how we rate brokers, read our review process.

Rating Categories Weight Nominal Rating Weighted Rating
1 Regulatory Oversight 15% 4.50 0.68
2 Security of Client’s Funds / Segregated acc. 10% 5.00 0.50
3 Business Model of the Broker 5% 4.75 0.24
4 Transaction Costs and Fees 15% 4.25 0.64
5 Ease of Deposit and Withdrawals 5% 5.00 0.25
6 Trading Platform 10% 4.00 0.40
7 Order Execution/Server Latency 5% 5.00 0.25
8 Customer Support 5% 4.46 0.45
9 Leverage and Margin 10% 4.75 0.24
10 Initial Deposit Amount 5% 4.50 0.23
11 Type of Assets Offered 10% 4.75 0.48
12 Public Opinion 5% 4.75 0.24
Avarage Rating 4.64
Weighted Avarage Rating 4.57

BDSwiss Reviews

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BDSwiss Review 2020

Regulated By: CySEC, FSC, NFA

Foundation Year : 2020

Headquarters : Grienbachstrasse 11, 6300, Zug, Switzerland

BDSwiss

BDSwiss

  • Intuitive Trading Platform
  • Low Minimum Deposit Requirement
  • Low Minimum Trade Size

BDSwiss is a professional web-based cfd trading platform, online since 2020. It is, of course, mobile friendly and there is no downloading necessary and you can easily register online and start trading.

It is interesting that this site is specifically targeted towards German language (but other languages are also supported). Although it is a fairly new company among the older trade brokers, they offer many great tools.

BDSwiss used to be a CFD and a binary options broker, but it is not anymore. Its not possible to trade binary options with BDSwiss anymore, only CFD.

Why BDSwiss?

Why should you start trading with BDSwiss and not some other brokers? Well, it’s simple!

    • This broker, including customer support, speaks your local language (Polish, German, English, Czech. )
    • No hidden fees
  • Regulated brand throughout the whole Europe (CySEC)
  • BDSwiss offers free exclusive webinars and strategy materials.

BDSwiss Platform

BDSwiss used to use a SpotOption platform, but does not anymore. They now use the platform displayed below and only allow classical high-low trading.

Look at their platform. BDSwiss.

Other than classic high-low binary options, you can trade with many more kinds of exotic options with this broker. Options such as Ladder binary options and One-Touch binary options are available to be traded if you wish.

Trading One Touch Options with BDSwiss

  • One touch options
    • By trading one touch options, the trader speculates whether the price attacks a certain position. If it does, the profit is high (up to 300%).
      An example: Price will reach $120 in under 72 hours. If so, the trader gains $300. If not, trader loses $100.
  • Ladder options
    • This type of binary options is similar to spread options offered by HighLow and ETX Binary. They are classic options with slightly adjusted ITM line. If the line moves against our trade, we have a higher chance of greater profit. If ITM line moves so that strike price is more profitable for us than 95% profit can move for example to 24%, but this also moves yields higher probability of profit.
    • With ladder options, trader can use advanced hedging techniques to make sure that he stays in profit regardless of the price movements. More on that here: Binary option strategy hedging.

Unfortunately, the above said is not true anymore. Its not possible to trade binary options with BDSwiss anymore.

Broker Info Bonus Open Account
USA Allowed No
Assets: 171
Payout: *
Demo Account: No
Min Deposit: $100
Great broker for german clients Trade Now! Read Review

BDSwiss Minimum Deposit

To register for an account with BDSwiss there is no deposit required and you don’t need to give your credit card information to simply register on the website. BDSwiss only has one type of accounts. It is a live trading account that requires only a $100 minimum deposit initially. The low initial deposit is great for new traders to feel comfortable trading more quickly with lower risk.

The minimum deposit is $100 and the minimum investment is $5. Maximum deposit by credit card is $ 5 000S, wire transfer is unlimited. You have a wide variety of ways to deposit funds into your account by credit card, debit card, wire transfer, cashU, Maestro, Sofort, Paysafecard, UKash, Giropay, EPS, and Postepay. All deposits immediately go into your account, but it takes a couple of business days to process your wire transfer.

BDSwiss Withdrawal

BDSwiss has a minimum withdrawal of $100 US or EUR 100 depending on your trading account currency. You can easily withdraw your funds by credit card, debit card, wire transfer, cashU, Maestro, Sofort, Paysafecard, UKash, Giropay, EPS, and Postepay. There is a fee charged on wire transfer withdrawals of $25 US, but credit or debit card fund withdrawal transfers are free. Withdrawals can take 1-7 days depending on the method.

When you sign up for an account at BDSwiss you get training materials, like ebooks and live webinars that are included in your account.

Our BDSwiss Experience

From our experience, BDSwiss is a great broker. The platform is quick with no delays after making a trade. It took their customer support a little bit to reply, but other than that, they were able to help us with everything we needed.

A minimum deposit of $ 100 is great for novice traders, just as their support of multiple languages. Good luck!

BDSwiss Pros

  • Intuitive Trading Platform
  • Low Minimum Deposit Requirement
  • Low Minimum Trade Size
  • CySEC regulated

BDSwiss Cons

  • Have a minimum withdrawal amount requirement of $100
  • Just One Trading Currency

BDSwiss – Review author

More about the author Step

I’ve wanted to build a business of some kind and earn money since I was in middle school. I wasn’t very successful though until my senior year in highschool, when I finally started to think about doing online business. Nowadays I profitably trade binary options full-time and thus gladly share my experiences with you. More posts by this author

BDSwiss Details

✅ Broker BDSwiss
✅ Website URL https://eu.bdswiss.com
✅ Founded 2020
✅ Headquarters Nicosia, Cyprus
✅ Support Number [email protected]
✅ Support Types Telephone, Email, Fax, Online Chat, Contact Form
✅ Languages English, Deutsch, Ελληνικά, Italiano, Dansk, Norwegian, Polski, Suomi, Svenska, Nederlands, Français, Español, Pу́сский, Slovene, Türkçe, 中文, 日本語, 한국어, Português, Čeština
✅ Trading Platform Own platform
✅ Minimum 1st Deposit $100
✅ Minimum Trade Amount $5
✅ Bonus Great broker for german clients
✅ Leverage Up to 1:30
✅ Spread 1 – 1.3 pips
✅ Free Demo Account
✅ Regulated
✅ Regulation Yes
✅ Account Types Standard
✅ Deposit Methods Visa, MasterCard, Maestro, Wire transfer, Sofort,, Paysafe, UKash, GiroPay, EPS
✅ Withdrawal Methods Visa, MasterCard, Maestro, Wire transfer, Sofort,, Paysafe, UKash, GiroPay, EPS
✅ Trading Methods One Pair, Short Term, Long Term, Ladder, Pairs
✅ Number of Assets 171
✅ Expiry Times 60s, 90s, 120s, 5m, 30m, 1h, 2h, 4h, 8h, 12h, End of Day, Weekly, Monthly
✅ Types of Assets Currencies, Stocks, Indices, Commodities
✅ Trading Currency EUR
✅ Account Currency EUR
✅ US Traders Allowed
✅ Overall Score 93/100

Open Account!

10 Responses to “BDSwiss”

I am trading with BDSwiss for a little over one year. The company is residing in Madagaskar and supervized by authorities in Seychelles according to my paperwork with them. The leverage I am using is 1:200 but I could go as high as 1:400 according to my account options. I am based in Asia.
Their mobile platform isn’t very usable imho. It often disconnects and fails to update prices when using other apps on my iphone. There aren’t many tools available for trading either. It’s ok to open and close trades, but not for research. Slippage is neglectible, but the spreads aren’t great either. Overall I use it to test strategies with real money. For that it is helpful from my perspective.
If you asked me about ratings I would give them 2 stars due to lack of tools and their issues with their apps and almost zero support. In many cases tickets were closed without being answered.
Cheers to all traders!

Could somebody sent me screenshots of how to withdraw funds from BD SWISS. I don’t a withdrawal option on my account only that of deposit.

go to this link https://account.bdswiss.com/dashboard/yourID/transactions (replace yourID in the url with your personal ID (can be found in top right corner) and you will see “Withdrawal” option.

However! Your withdrawal will be declined if your documents are not valid or have expired, in which case you will need to update your documents before you reapply to withdraw your funds.

I’m thinking of starting to trade binary options, I quite like it. I’ve already been reading about it for couple of weeks and trying to somehow learn, so I was wondering whether the broker BDSwiss is good for beginners. What do you think? Thanks for your reply.

My opinion is that the broker BDSwiss is good for beginners. This is mainly because the deposit is only 100 euros and you can start trading from just 5 euros. Also, your registration includes teaching materials, a book or a webinar useful for beginners.

I like the minimum deposit with the broker BDSwiss which is 100 €; most brokers require a deposit of 200 or more. I think this will be appreciated especially by novice traders who do not have much money.

You’re right, for a lot of traders, the amount of the deposit when picking a binary options broker is crucial.

Hello Jpro, I would ask you whether you also trade with a broker BDSwiss? And also, whether this broker is one of your favorites.

Hey, to be honest, I’ve started trading at BDSwiss 2 years ago, and there has been a time when I traded with him quite a lot, but I have had other favorites lately.

hey jpro
can you tell us your favourite broker

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