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BDSwiss Review 2024

Item: BDSwiss
Rating: 4

Written by BrokerNotes.co
Fact-checked by Steven Hatzakis, Joey Shadeck
Edited by Jeff Anberg

April 26, 2024

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

BDSwiss provides a comprehensive and high-quality forex and CFD trading experience, marked by a strong selection of trading instruments and robust platform features. BDSwiss has consistently delivered excellent services, establishing itself as a reliable broker in the forex market.

Overall Rating

7.7 / 10

Minimum Deposit

$10-$5000

Trust Score info

Average Risk

Pros and Cons

thumb_up_off_alt Pros

Extensive Symbol Offering: BDSwiss boasts a large variety of tradeable symbols, totaling 1,081, which provides extensive market access for forex and CFD traders.
MetaTrader Integration: Supports both MetaTrader 4 and MetaTrader 5, catering to a wide range of trading preferences and strategies.
Regulatory Compliance: Fully regulated by ASIC in Australia and MiFID in the EU, ensuring a high level of trust and compliance.

thumb_down_off_alt Cons

Inactivity Fee: Charges a steep inactivity fee, which might deter less active traders.
Proprietary Platform Lacking: While it does support MT4 and MT5, its own proprietary platforms are a bit basic.

Ratings Summary

Investment Types - 7.5/10
Commissions & Fees - 7.5/10
Trading platforms - 8.0/10
Research - 7.5/10
Mobile Apps - 7.5/10
Education - 7.5/10
Overall - 7.7/10

Can I trust BDSwiss?

BDSwiss is not publicly traded but is comprehensively regulated in major jurisdictions including the UK's FCA and Australia's ASIC. With a trust score of 76, BDSwiss is regarded as a broker of 'Average Risk' according to data from ForexBrokers.com.

BDSwiss is currently licensed and/or authorised by the following regulatory bodies:

Tier-1 Regulators - Regulated in the European Union via the MiFID passporting system
Tier-2 Regulators - None
Tier-3 Regulators - None
Tier-4 Regulators - Mauritius' Financial Services Commission (FSC)

Is BDSwiss good for beginners?

Ideal for beginners, BDSwiss provides extensive educational resources and supports both fundamental and advanced learning.

Feature	BDSwiss
Education (Forex or CFDs) info	Yes
Client Webinars info	Yes
Videos - Beginner Trading Videos info	Yes
Videos - Advanced Trading Videos info	Yes
Investor Dictionary (Glossary) info	Yes

BDSwiss commissions and fees summary

BDSwiss offers an average spread cost of 1.6 for the EUR/USD pair for its Classic account, although its VIP and RAW accounts may offer more competitive spreads. It also charges a high inactivity fee of $30 after 90 days, which is something investors should consider if they plan sporadic trading activities.

Feature	BDSwiss
Minimum Deposit info	$10-$5000 info
Average Spread EUR/USD - Mini info	1.6 info
Average Spread EUR/USD - Standard info	1.6 info
All-in Cost EUR/USD - Active info	1.3 info
Active Trader or VIP Discounts info	Yes

BDSwiss trading platforms and tools

tips_and_updates Did you know? Trading platforms comparison

Of the 60+ brokers reviewed on BrokersNotes, 64% offer a proprietary platform, 100% offer a web platform, 91% offer a desktop platform, 11% offer cTrader, 14% offer Zulutrade, 81% offer MetaTrader 4, and 64% offer MetaTrader 5.

BDSwiss offers excellent trading platforms and tools, including support for both MetaTrader 4 and MetaTrader 5. These platforms are highly recommended for traders who prioritize technical analysis and advanced trading functionalities.

Trading platforms offered: BDSwiss makes both MetaTrader 4 and MetaTrader 5 available to its traders.

Trading tools: BDSwiss provides a comprehensive set of trading tools suitable for both novice and experienced traders.

Copy trading: BDSwiss includes options for copy trading, enhancing opportunities for those new to trading or looking to leverage the strategies of experienced traders.

Feature	BDSwiss
Virtual Trading (Demo) info	Yes
Proprietary Platform info	Yes
Desktop Platform (Windows) info	Yes
Web Platform info	Yes
MetaTrader 4 (MT4) info	Yes
MetaTrader 5 (MT5) info	Yes
DupliTrade info	No

BDSwiss trading platform screenshots

BDSwiss research video YouTube channel daily market review

BDSwiss MT4 mobile trading app economic calendar

BDSwiss MT4 mobile trading app watchlist

BDSwiss MetaTrader 4 MT4 desktop platform

Mobile trading apps at BDSwiss

BDSwiss offers excellent mobile trading through the MT4 and MT5 apps, but its own proprietary mobile app has very basic functionality.

Feature	BDSwiss
Android App info	Yes
Apple iOS App info	Yes
Mobile Economic Calendar info	Yes
Mobile Alerts - Basic Fields info	Yes
Mobile Charting - Draw Trendlines info	Yes
Mobile Watchlist info	Yes

How do I open an account with BDSwiss?

Visit the BDSwiss website and navigate to the registration page.
Provide your personal details and complete the registration form.
Submit necessary documents for identity and residence verification.
Make a minimum deposit as required.
Begin trading once your account is fully set up and verified.

What can I trade at BDSwiss?

At BDSwiss, traders can access 53 forex pairs and 1,081 total tradeable symbols, providing a broad and diverse trading environment.

Feature	BDSwiss
Tradeable Symbols (Total) info	1081
Forex Pairs (Total) info	53
Social Trading / Copy Trading info	Yes
Cryptocurrency (Physical) info	No
Cryptocurrency (Derivative) info	Yes
Spread Betting info	No

BDSwiss research screenshots

BDSwiss client portal Trading Central TC Analysis

Account funding at BDSwiss

BDSwiss supports a variety of funding methods including bank wires, Neteller, and major credit cards, although it does not support PayPal.

Feature	BDSwiss
Visa/Mastercard (Credit/Debit) info	Yes
Bank Wire (Deposit/Withdraw) info	Yes
PayPal (Deposit/Withdraw) info	No
Skrill (Deposit/Withdraw) info	Yes
Neteller (Deposit/Withdraw) info	Yes

About BDSwiss

Established in 2012 and headquartered in Switzerland, BDSwiss is a well-regarded broker in the forex industry, known for its robust trading platforms and comprehensive market access.

Compare BDSwiss

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At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points.

Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team.

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Note: The online brokers on our site provide the ability to trade forex in one or more ways, such as non-deliverable spot forex (i.e., rolling spot contracts), contracts for difference (CFD), or other derivatives such as futures. The availability of specific markets or features will depend on your country of residence and the broker's applicable brand or entity that services your account(s).

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About the Editorial Team

BrokerNotes.co

BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing.

Steven Hatzakis

Steven Hatzakis is the Global Director of Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).

Joey Shadeck

Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.

Jeff Anberg

Jeff Anberg is a Staff Editor at BrokerNotes.co and ForexBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University.