Introduction

BDSwiss is a well-established global multi-asset broker, offering online trading services for a wide range of financial instruments. Founded in 2012, it has grown to serve over 1.5 million clients worldwide, providing access to Forex, Commodities, Cryptocurrencies, Indices, and Stock CFDs. The broker is regulated by multiple international authorities, aiming to provide a secure and transparent trading environment for both novice and experienced traders. With a focus on technological innovation and client education, BDSwiss positions itself as a comprehensive trading solution.

Key Features

• Diverse Trading Instruments: Access to over 250 assets including 50+ Forex pairs, various Commodities (gold, oil), Cryptocurrencies (Bitcoin, Ethereum), Indices (S&P 500, DAX), and Stock CFDs (Apple, Google).
• Multiple Trading Platforms: Offers the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5), alongside its proprietary BDSwiss WebTrader and a dedicated mobile app for on-the-go trading.
• Account Types: Caters to different trading needs with account options like Standard, Raw, and VIP, each offering varying spreads, commissions, and features. A demo account is also available for practice.
• Robust Regulation: Regulated by several bodies, including the Cyprus Securities and Exchange Commission (CySEC), the Financial Services Commission (FSC) of Mauritius, and the Financial Sector Conduct Authority (FSCA) of South Africa, ensuring compliance and client fund security.
• Comprehensive Educational Resources: Provides extensive learning materials such as webinars, daily market analysis, trading academy courses, e-books, and video tutorials designed to empower traders.
• Multilingual Customer Support: 24/5 customer service available in multiple languages via live chat, email, and phone, offering timely assistance.

Pros

• Strong regulatory framework from multiple reputable authorities enhances trust and security.
• Wide selection of trading assets allows for diversified portfolios and strategies.
• Offers a choice between popular MetaTrader platforms and user-friendly proprietary solutions.
• Competitive spreads, particularly on the Raw account, which can be advantageous for active traders.
• Extensive educational content and daily market analysis support trader development at all levels.
• Low minimum deposit requirement for the Standard account makes it accessible to beginners.
• Excellent customer support with quick response times.

Cons

• Not available to residents of certain countries, including the United States.
• Higher spreads on the Standard account compared to some competitors.
• Inactivity fees may be charged after a period of no trading activity.
• Withdrawal fees can apply for certain methods or amounts, which might impact smaller withdrawals.
• The range of cryptocurrency CFDs could be broader compared to some crypto-focused brokers.

Pricing

BDSwiss’s pricing structure is primarily based on spreads, commissions, and swap fees, varying significantly across its different account types and the assets being traded.

• Spreads:
  • Standard Account: Spreads start from 1.5 pips on major Forex pairs, with no commission charged.
  • Raw Account: Offers much tighter spreads, starting from 0.0 pips on major Forex pairs, but includes a commission of $5 per lot per side (or $10 round turn).
  • VIP Account: Features even lower spreads than the Standard account and often reduced commissions compared to the Raw account, catering to high-volume traders.
• Commissions: Commissions are exclusively applied to Raw accounts for Forex and metal trades, as mentioned above. Other account types are commission-free but have wider spreads.
• Swap Fees: These are overnight holding fees charged or credited for positions held open past the market close. The fees vary depending on the instrument and position direction.
• Deposit/Withdrawal Fees: BDSwiss generally does not charge deposit fees. However, withdrawal fees may apply depending on the payment method and the withdrawal amount (e.g., small bank transfers might incur a fee).
• Inactivity Fees: An inactivity fee may be charged if an account remains dormant for a specified period (e.g., 90 days) without any trading activity.
• Minimum Deposit: The minimum deposit for a Standard account is typically $100, making it accessible for new traders. Higher minimums are required for Raw and VIP accounts.