BDSwiss Review: Is BDSwiss A Good Broker For You?

To assist you further with your query please contact us at Our Team would be able to respond to any questions or clarifications you may have. It is a legal procedure to check proof of your residents, through utility bill, your ID or similar. Our Ranked BDSwiss Trust Score is 7 out 0f 10 for good reputation and years off its successful operation, yet the gaps are top-tier regulations with compensation schemes and other protective measures. Yet, in case of BDSwiss since company has many years of establishment and a good reputation so it is worth considering in our opinion.

VIP clients gain access to the Premium version of Trend Analysis, with 500 trend patterns. Acts as an agency broker, demonstrating balanced slippage with no requotes or order rejections . 4 Account types available with the simple & transparent fees structures. All information on 55brokers.com is only published for general information purposes. If you require any further assistance or clarification please contact us at and our Team will assist you further.

What is BDSwiss?

Inn BDSwiss youu will find educational materials provided by Forex Courses, defined by the level of expertise, Webinars and Seminars. Besides, Traders will definitely enjoy numerous add-ons as we did, that are available on the market to make trading process a pleasant one. Moreover, there are plenty of strategies to choose from since broker does not impose strict restrictions, so news trading or other strategies are available.

Under its FSC regulated entity BDS Markets, BDSwiss also offers Premium account. BDSwiss Overall Ranking is 9 out of 10 based on our testingand compared to 500 other brokers, see Our Ranking below compared to other popular and industry Leading Brokers. As a global broker, BDSwiss is available in more than 180 countries, with only a few exceptions. The USA is among these exceptions with trading not available there, though BDSwiss does an excellent job of being available in other locations. They are a very well-regulated broker with CySEC and other top-tier regulations in place. As a company, BDSwiss is committed to maintaining a strong sense of social responsibility.

Educational resources covering useful information on how to operate in markets, develop own trading strategy with accredited courses and webinars, we found it quite hahndy and very well organized making them suitable for beginners. One of the other great points we should admit is Customer Support. BDSwiss multilingual support is available with service the trader requires daily which is also on a very sustainable and professional level. Even though you can Live Chat, bdswiss forex broker review Phone or Email them within working hours 24/5 we still remain happy with its quality level. As the broker mentions it always aims to give withdrawal service within 24 hours, yet this is applicable towards working business days, as on weekends or holidays it may take longer to proceed. As well, always give additional days for your payment to proceed with the transaction once it is already confirmed and done by BDSwiss, while we got withdrawal pretty quickly.

If this issue would magically go away, this broker would be a great place to earn some money – they got everything you need. Traders will find four maintrading platforms that are fairly intuitive and responsive, average execution speed is 0.01s. The biggest benefits offered by BDSwiss are the ample asset selection and the company’s research offerings.

Trade With A Regulated Broker

BDSwiss is fully regulated by the Financial Services Authority . An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. Some of the other important research categories that are factored into our testing include mobile trading accessibility and capability, availability of market research and educational content, and each broker’s overall Trust Score.

The company was awarded for its in-house developed mobile trading app which offers easy access to more than 250 instruments from 6 asset classes to online traders. An overall BDSwiss review concludes us a company that managed to increase client portfolio to over a million customers. Overall, our BDSwiss review has found a top international broker who is well-regulated and takes the protection of traders very seriously.

Also of note is the company’s excellent research and education offerings which will be outlined below. Only five withdrawal options are listed, which was a bit surprising. The Trading Academy offers new clients a well-rounded introduction to trading. While the most basic version of the MT4/MT5 versions are granted, there is an optional Autochartist plugin for the MT4 but any other EAs and plugins need to be downloaded independently by BDSwiss traders.

Specific key differences are noted between the platforms and the trader may need to consider them when choosing their desktop platform. BDSwiss offers Islamic swap-free trading on selected trading account levels. BDSwiss offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries.

You will also access useful information with market alerts, trading information, and analysis through its established BDSwiss Blog, which is definitely good and necessary for any trader, especially beginners. Proper education guarantees a client will be able to review data online in a better way before investing. BDSwiss team mainstays at the popular choice of MetaTrader4 platform offer software solutions, which is a comprehensive trading feature.

Account Types and Features

BDSwiss Mobile has an intuitive interface that enables traders to access, monitor, and manage their trading positions easily while on the move. In addition, Nigerians can make use of the same market monitoring capabilities and trading tools that are accessible on the web-based platform. 👉 Overall, BDSwiss is one of the brokers with the best active presence on social media platforms. In addition to offering MetaTrader 4 and 5, BDSwiss offers its innovative, powerful proprietary trading platforms on mobile and internet browsers. HYCM provides traders 70 currency pairs (e.g., EUR/USD) compared to BDSwiss’s 51 available pairs. Forex pairs aside, BDSwiss offers traders access to 1081 CFDs while HYCM has 362 available CFDs, a difference of 719.

This is demonstrated by the excellent level of regulation they have in place all around the world from top-tier regulators. Many of these same experts are involved in the brokers research section. The broker provides 8 expert analysts, each with their own area of expertise to provide a regular market overview and updates on every asset that is offered for trading, and the wider market so you can be kept up to date. The broker also makes a demo account available for 30-days to try out, as well as an Ilamic trading account, and a professional trading account should you qualify for one. The spreads and fees they charge are relatively high when compared with some other major brokers. 👉 Rebates are paiddailyto the selected referred clients who have closed any trades within the last 24 hours.

• BDSwiss has good reputation and user friendly trading conditions, there is good choice between trading platforms, account opening is fast and customer service is great quality with education and research tools.
• Customers of different languages can also work easily on the website finding their languages by search.
• Trading in CFDs carry a high level of risk thus may not be appropriate for all investors.
• An general BDSwiss evaluate exhibits us an organization that managed to extend consumer portfolio to over one million prospects.
• Trading Central is a comprehensive suite of trading tools that offer traders the latest market insights created via a combination of AI indicators, automated pattern recognition, and analyst research.

Customer support is a service that a trader requires daily, available on a very sustainable and professional level here, and has been successful in answering customers’ complaints. Even though you can Live Chat, Phone, email address, and help center within working hours 24/5 at BDSwiss trading platform one still remains happy with its customer support team and its quality level. Also, the BDSwiss team being a holding serves entities in Cyprus, Germany, and other offices where it is all authorized to deliver trading opportunities.

However, traders can still choose their ideal brokers by the type of their spreads. The pros and cons between the two spreads can vary for every trader. In this case, VARIANSE provides their pricing with Variable spread while BDSwiss offers Variable spread. IDEAL, Dotpay, Skrill, NETELLER, Bank Wire, Maestro, Giropay, Sofort, EPS, Visa/Mastercard, Maestro, Skrill, and Online Bankingare the available methods for funding accounts.

BDSwiss Review: Pros and Cons

It’s a reality that you’re at all times protected so long as the dealer is regulated by the laws. BDSwiss is a global brokerage agency established in 2012, which fastly approached Markets and have become one of many largest buying and selling teams. The present purchasers’ base of BDSwiss counting greater than a 1.5 million registered purchasers from over 186 nations, in addition to serving unique Member membership that has greater https://forexarena.net/ than 1.5 million merchants. As the broker mentions it is always aiming to give withdrawal service within 24 hours, yet this is applicable towards working business days, as on weekends or holidays it may take longer to proceed. In this section, we check the broker’s market offering and how varied the instruments and asset classes are. It will allow you to check if they offer what you’re looking for and what you can trade.

The approach is the same as with MT4, but given that the newer version also supports more exquisite and generally more effective tools, they were able to implement advanced mechanisms. They couldn’t do otherwise, these are the flagman interfaces used by the majority of FX and CFD traders. And there is also BDS’s own software in several variations, but let’s first discuss what they did with MTs. BDSwiss has a lot to offer, but the experience is deeply flawed, and there are certainly better candidates. Whether they are particularly bad at their job, it remains to be seen. Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.

Review of Types of Accounts available in BDSWISS

In this case, VARIANSE supports trading with Forex, Gold & silver, CFD, Oil, Futures, Indexes, Energies, Spread betting, Metals, while BDSwiss presents the ability of trading with Forex, Gold & silver, CFD, Crypto, Oil, Stocks. No, BDSWISS is not a scam; instead, it is a broker with many years of experience and a solid track record. VIP customers have access to 500 trend patterns in the Trend Analysis Premium version. Positions held overnight are subject to an overnight fee or swap fees. The BDSwiss WebTrader does not need to be downloaded, and it is fully synchronized with the MT4 versions that can be downloaded, enabling live price monitoring via a sophisticated market watch. It gives users greater control over their trades and the ability to make more informed decisions using cutting-edge analysis.