- 1 BDSwiss Basics
- 2 Our Opinion About BDSwiss
- 3 Key Benefits
- 4 Trading Instruments
- 5 BDSwiss Account Types
- 6 BDSwiss Registration – How To Open An Account
- 7 BDSwiss Registration – How To Verify An Account
- 8 BDSwiss Payment Methods
- 9 BDSwiss Trading Platforms
- 10 Education and Research
- 11 BDSwiss Trading Hours
- 12 BDSwiss Customer Support
- 13 Our Verdict
- 14 BDSwiss Forex Broker Review – FAQs
- 15 BDSwiss Forex Broker Review – Similar Brokers
|🏛️ Based in||Limassol, Cyprus|
|⚖️ Regulation||CySEC, FSA, FSC|
|💰 Minimum Deposit||$10 (4000 Naira)|
|💳 Deposit Options||Crypto, VISA, MasterCard, BitPay, FasaPay, Maestro, Neteller, Skrill, UnionPay, WebMoney, Bank Wire|
|💳 Withdrawal Options||Crypto, VISA, MasterCard, BitPay, FasaPay, Maestro, Neteller, Skrill, UnionPay, WebMoney, Bank Wire|
|📌Open an account||Start Trading with BDSwiss|
Our Opinion About BDSwiss
BDSwiss is one of the most popular forex brokers in Europe that offers a wide range of trading services. The company was first founded in 2012 and has now become one of the biggest names in the industry. They are a licensed broker and registered with many top financial authorities. They are also an award-winning provider with excellent trading accounts.
BDSwiss offers a reliable service and a great online trading environment. They give you access to 200+ instruments including forex, shares, indices, metals, energies, and commodities. They also give you a wide range of account options. You can choose from 5 main trading accounts – all of which come with fair conditions, low trading costs, and fast trade execution.
Regulation In Europe
Forex traders in Europe can open trading accounts with the CySEC-regulated business entity. CySEC is an independent regulatory body based in Cyprus. They ensure that forex companies abide by EU regulatory standards and laws. They impose obligations on business entities within Cyprus, and ensure that companies comply with rules governing their trading services. They also monitor the business entities to protect traders from fraud or market abuse.
BDSwiss has extensive client fund protection measures. It works using a segregated accounts policy. This means that client funds are kept in separate accounts, with a top-tier bank or institution, and can never be used for business operations. It also offers negative balance protection. This means that client balances can never fall zero, due to their risk management protocols.
BDSwiss Forex Awards
They have won many awards in recent years including:
- Best Trading Conditions 2020’ by World Finance
- Best FX Research & Education Provider 2021’ by World Finance
- Best Partnership Program 2020’ by Global Banking & Finance Review
BDSwiss: Legit Or Scam
BDSwiss is a legit broker. They are regulated by several strict financial authorities and operate in line with all regulatory guidelines. In terms of their trading accounts, they have a good choice of trading instruments and trading platforms. They also have low entry requirements, reliable payment methods, good withdrawal procedures. In our opinion, they are a reputable and trustworthy forex broker.
They give you access to 200+ trading instruments including:
- Forex: BDSwiss has 50+ forex pairs available including majors, minors, and exotic currency pairs.
- Share CFDs: BDSwiss has 141 share CFDs across the US, EU, Asian, and UK stock markets.
- Indices: BDSwiss has 10 index CFDs across the US, EU, Asian, and UK stock markets.
- Commodities: BDSwiss has 6 commodities including metals such as gold, silver, and energies.
- Cryptocurrencies: BDSwiss has 25+ cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.
BDSwiss Account Types
There are many different types of trading accounts available on BDSwiss. As such, you have plenty of options to choose from depending on your initial capital, trading needs, and trading strategies. Here is a list of the main account types:
|Type||Spreads||Min. Deposit||Max. Leverage||Commission|
|Classic||From 1.5 pips||$100||1:30||$0|
|Cent||From 1.5 pips||$10||1:30||$0|
|Raw||From 0.0 pips||$500||1:30||$5 per lot|
|Premium||From 1.1 pips||$5000||1:30||$0|
|VIP||From 0.1 pips||$3000||1:30||$0|
In our opinion, the BDSwiss Classic account s their best trading account. It is a great choice for beginner forex traders in Europe. It also comes with excellent trading conditions and great trading platforms. For example, you can trade with ultra-fast execution, minimum slippage, and low trading costs. You get access to plenty of trading instruments, and you also get access to free trading support. The average spreads on the Classic account start from just 1.5 pips. The minimum deposit is $100.
BDswiss has three base currencies: USD, GBP, and EUR.
BDSwiss also has a demo trading account. In our opinion, this is one of the most helpful trading tools. With their demo account, you can learn how to trade the financial markets using virtual money instead of real money. You can also learn how to use different forex trading tools and platforms in a risk-free environment. As such, their trading demo account can be a very useful tool for new forex traders.
All of the BDSwiss accounts are available as Islamic Accounts.
BDSwiss Registration – How To Open An Account
As part of our BDSwiss review, we took a look at the account registration process. If you live in Kenya, then you can open a trading account with BDSwiss under their FSA subsidiary. The process is quite quick. The first step is to go to their website and fill in their online registration form. This is so that BDSwiss can collect some basic personal details and start creating your account. The second step is to take a short online trading quiz. This is so that BDSwiss can determine whether their online trading services are suitable for you. The last step is to complete the account verification process, submit your documents, and choose your preferred account type.
BDSwiss Registration – How To Verify An Account
As part of our BDSwiss review, we looked at their account verification requirements. To open a live trading account you’ll need to show BDSwiss a proof of ID and a proof of address. This is so that they can check your identity and verify your account. The account verification process is simple. You can provide copies of your National ID card, Passport or Driving License. You can also provide copies of a utility bill or a bank statement registered in your name. After you have verified your account, you can add funds and start trading.
BDSwiss Payment Methods
BDSwiss has many different payment options. You can add money to your trading account using traditional deposit methods including Visa, Mastercard, Maestro, Sofort, Giropay and EPS. You can also add funds using other deposit options including Neteller and Skrill. The BDSwiss minimum deposit is $10. Deposits are processed within 24 hours of receipt at no cost to you. The BDSwiss withdrawals are instant up to $2000. Their withdrawals go straight to your bank account (or e-wallet) and the money arrives in less than five minutes.
The minimum deposit varies depending on your trading account type. The lowest available BDSwiss minimum deposit is for Cent accounts is just $10.
BDSwiss Trading Platforms
The company offers a wide variety of trading options, including MetaTrader 4 (MT4) and Metatrader 5 (MT5) platforms that work on desktop computers and mobile devices like smartphones and tablets. BDSwiss’s primary goal, when it comes to trading platforms, is to provide its customers with easy access to their accounts and trade history through various platforms. This allows them to monitor their performance easily, manage their risk level, make trading decisions and take action.
Education and Research
As part of our BDSwiss review, we looked at what educational resources are available for new traders. BDSwiss offers a wide range of educational resources for traders of all experience levels. The company hosts webinars, e-books and video courses that can be downloaded or streamed online. The Trader Academy aims to help you develop your trading skills through live training sessions with experienced forex brokers worldwide. You’ll learn how to trade different markets, use technical indicators effectively and much more!
BDSwiss Trading Hours
BDSwiss operates during standard trading hours. You can open trades whenever the forex market is open. Trading hours may vary on public holidays.
BDSwiss Customer Support
As part of our BDSwiss review, we looked at what customer support is available for European traders. BDSwiss has a pretty good track record when it comes to customer service. They offer email and phone support 24/7, along with live chat on their website. This could be a practical option if you need help immediately and don’t have time to wait for an email response. As far as live chat goes, they are very responsive and professional when answering your questions.
BDSwiss is the exclusive forex broker in Europe. BDSwiss is among the best and most popular forex brokers in today’s market. The company has been around for several years and provides excellent educational courses in addition to its unique and stable trading platform, which allows you to trade hundreds of instruments. BDSwiss also enables its traders to use MT4, MT5, web trader terminal, smartphone app or any other tools they want when they are trading.
BDSwiss Forex Broker Review – FAQs
Yes, BDSwiss in Europe is a good broker. They have a nice selection of account types, some of which have very low minimum deposits. BD Swiss has many trading instruments including forex, stocks, indices, and commodities. They also offer very good trading platforms and excellent online trading conditions.
Yes, BDSwiss in Europe is a legit forex broker. They are an international company with offices in key locations around the world. In terms of their services, they offer great trading accounts, fair trading costs, and helpful trading tools . Furthermore, BD Swiss has a good selection of payment methods and offers a fast, smooth withdrawal process. In our opinion, they are a legit forex broker.
Yes, BDSwiss in Europe is a regulated broker. They have licences from top-tier financial authorities, including the Cyprus Securities and Exchange Commission (CySEC) and the Federal Financial Supervisory Authority (BaFin) of Germany. They also have registrations with other reputable financial authorities, including the Financial Services Commission of Mauritius (FSC) and the Seychelles Financial Services Authority (FSA).
Yes, BDSwiss in Europe is a safe forex broker. When it comes to fund safety, they choose to go beyond their basic regulatory requirements, and offer more comprehensive client fund protection measures. BD Swiss keeps all client funds in segregated accounts, separate from its operating capital. This means that they can never use client funds for their own operational purposes. In our opinion, BDSwiss is a safe company to trade with.
Yes, you can trust BDSwiss in Europe. BDSwiss is one of the most well-known brokers in the forex industry. The company was first set up in 2012 and has been offering online trading services for many years. They are a large, international forex company with clients worldwide. They are very popular and have won many forex awards.
Yes, BDSwiss in Europe offers good live trading accounts. You can choose from the BDSwiss Cent Account, Classic Account, Raw Account, Premium Account, and VIP Account. They also offer demo accounts and Islamic swap-free accounts.
Yes, BDSwiss does have a Micro account. The BD Swiss Micro account has a low minimum deposit of just $10, making it a good option for new traders. It also has good trading conditions, including high leverage, tight spreads, and fast trade execution
Yes, BDSwiss in Europe has good spreads. The BDSwiss broker spreads available depend on your account type. The minimum spread on EUR/USD starts at 1.5 pips on the Classic account, 1.5 on the Cent account, 0.3 on the Raw account, 1.1 on the Premium account, and 1.0 on the VIP account.
As part of our BDSwiss review, we also look at their minimum deposit requirements. BDSwiss in Europe has several affordable account options. Their entry requirements are very low and the BDSwiss minimum deposit for the Cent account is only $10.
Yes, BDSwiss has cryptocurrency trading. You can choose from 20+ cryptocurrencies including Bitcoin, Cardano, and Ripple. BDSwiss crypto trading and BDSwiss Bitcoin trading are available on all accounts.
BDSwiss offers a variety of deposit and withdrawal options, including Visa and Mastercard, Maestro, Sofort, Giropay and EPS. You can also fund accounts using Neteller or Skrill.
Yes, BDSwiss is good for beginners. They have several account options, all of which come with good trading conditions and low trading costs. They also have a large selection of trading tools and educational resources. For example, European traders who want more help with their trading can choose to join the BDSwiss Trader Academy, to learn new skills and strategies.
BDSwiss is one of the best forex brokers in the industry. They have great trading accounts with good trading conditions and low trading costs. They also have a wide range of trading instruments, trading platforms, and trading tools. However, if you want to look at alternative options, there are many great forex brokers as well. We recommend looking at HotForex, FXTM, FXPro, FXPrimus, and Instaforex.
BDSwiss Forex Broker Review – Similar Brokers
BDSwiss is a great choice for forex traders. However, if you want to see your other options, there are also many other forex brokers available. Here are some similar brokers.
Looking for more options? Here is our full list of forex brokers.