BDSwiss Review 2023 Is it safe for South African Traders?

The head of the BDSwiss research team provides high quality market insights. The MT4 trading platform is available as the most basic version. The EUR/USD carries an average spread of 0.3 pips in the Raw account. We use dedicated people and clever technology to safeguard our platform. I had few experience with personal managers before, but none of them were as good as Mario is. It’s more than a year since he got assigned to me and I must say I’m really gratefull for that.

These, may sometimes delay the withdrawal process especially when customer documentation is not in line with what’s required. Anthony Gallagher is a financial journalist and forex expert with years of experience in the industry. Anthony’s writing is informed by personal trading experience, which he uses to help other forex traders improve their results. Anthony has tested dozens of forex trading tools and written hundreds of articles for many well-known sites in the industry. He is recognized for his insightful analyses of global markets and data-driven trade ideas. The two trading platforms which are made available in desktop format with BDSwiss are MT4 and MT5.

BDSwiss Platforms And Tools

Please read BDSwiss Reviews below and share live trading experiences with this broker. The DailyForex.com team is comprised of analysts and researchers from around the world who watch the market throughout the day to provide you with unique perspectives and helpful analysis that can help improve your Forex trading. The most notable feature we discovered during this BDSwiss review is the advertised trade execution which is certainly worthy of a mention. With zero requotes and 73.40% of zero or positive slippage, on paper, the statistics suggest an excellent execution environment.

Each broker’s desktop, web, and mobile platforms are evaluated according to the order types, speed of execution, ease of use, and other ‘need to know’ features. BDSwiss operates under two entities – BDS Markets regulated by FSC , which is a Tier-3 regulator, and BDS Ltd regulated by FSA , which is a Tier-3 regulator. Typically, Tier-3 regulators do not limit leverage levels for the entities they regulate, so brokers have an opportunity to offer high levels of leverage.

22 different languages are supported on the broker’s website, and 20 different languages are spoken by the support staff. While the minimum withdrawal amount at the BDSwiss platform is $100, in most cases the withdrawals are processed free of charge so the withdrawal fees are nil. Yet in case you would like to withdraw profits less than the mentioned amount the broker may add on a fixed processing fee of 10$.

Trading accounts of BDSwiss

Overall has been a great experience trading at BDSwiss due the low swaps, great customer service specially coming from Mr Ozama Mazouri. BDSwiss works with a variety of payment service providers that ensure your possibility to cover a wide range of deposit methods in a particular country. A BDSwiss First Deposit Bonus is made available on the BDSwiss Premium Account. A minimum deposit of $100USD must be made for the 30% Deposit to be received. The BDSwiss signup bonus is structured as a +30% bonus program with a minimum deposit required of $100 USD.

• The Classic Account, VIP Account, and Raw Account have a 0.15% commission on shares, but there are no commissions for forex pairs in all the accounts.
• BDSwiss works with a wide range of cost service suppliers that guarantee your risk to cowl a variety of deposit strategies in a specific nation.
• Read our detailed review on BDSwiss for South African traders to find where they shine & lack.

BDSwiss does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research.

The minimum deposit to set up this account is $100, which is remarkably low considering that many brokerages require at least $250 with a first deposit. The good news is that you can also access the demo trading account for CFD, Forex and binary option trading at BDSwiss. The BDSwiss brand caters to over 1.6 million registered forex and CFD traders, and offers the full MetaTrader platform suite alongside its own proprietary mobile app.

A strong focus on client feedback forms the mainstay of BDSwiss’ relationship with its traders. As one of the most innovative CFD, Forex and binary options trading platforms, traders can expect cutting-edge solutions to the complex world of online trading. BDSwiss is compliant with the highest industry standards and is fully compatible with Android smartphones and tablets, and iOS devices. With the end-trader in mind, BDSwiss enables clients to speculate on raw spreads from 0.0pips on more than 50 CFD assets, including major and minorforex currency pairs as well as spot gold pairs. Building on a foundation of transparency and reliability, BDSwiss’ Raw ECN Account offers traders the full benefits of bridge integration, while also enabling them to benefit from accurate and more competitive pricing and reduced slippage. With an average execution speed of only 0.10 milliseconds, BDSwiss pushes the limitations of DMA trading, ensuring direct market pricing at ultra-low latency.

MT5 Mobile App

👉 A Forex broker, BDSwiss, serves traders from across the globe and provides them with a wide range of options for dealing with the currency market. All the MetaTrader platforms are supported by BDSwiss, as well as its own unique mobile app for trading forex and CFDs on the go. The process requires basic information, and account verification by email. Unfortunately for traders, there is only 1 account type, but it suffices for high level traders and casual traders.

Residents until a number of outstanding items are rectified by the broker, as per the FCA announcement. That being said, BDSwiss holds multiple regulatory licenses throughout the EU, including from Cyprus where it is authorized by the Cyprus Securities and Exchange Commission . It is also regulated as a Tied Agent under its German entity, and is passported across the EU . The brand also holds an offshore regulatory license from the island nation of Mauritius.

Completing the offering of this broker are 12 index and 138 equity CFDs. New traders will find this a suitable choice for educational purposes, though advanced traders looking for highly specific assets may find something missing. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here.

Of course, BDSwiss developed its Mobile App as well, which actually is highly rewarded by traders and publications as well. All the most important features are available there, so being on the go you still may perform analysis, check on the open positions, manage them and access your account management. The software solution offered by the BDSwiss mainstays at the popular choice of MetaTrader4 platform, that provides a comprehensive trading feature and vast of solutions. It is not actually a surprise, as MT4 is a known industry intuitive platform that allows trading anywhere and anytime with advanced charting tools, indicators to manage the risks with a better possibility to determine price direction. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry.

Better to avoid this broker.

There are more than 24 languages available, and overall it’s an easy-to-use, clean platform that you can access quickly and efficiently on any device. If you require any further clarification you can contact our Support Team at or alternatively via live chat directly from our webpage. Pleaase note that our main website will redirect you accordingly to the relevant entity based on your location when choosing to open an account. Yes, you can trade Cryptocurrencies based on CFDs also with quite good costs. For the most accurate data check on the official BDSwiss platform and verify its allowance with your residual status, also make sure to check each instrument separately as it varies according to the asset as well. On the other hand, BDSwiss trading proposal depends on the entity and instruments are limited to Forex and CFDs.

Will always recommend Bdswiss to any new trader or experienced trader. If there is no trading activity for more than 90 days, then 10% of the balance in your account will be taken each month as a fee. A demo account with adjustable virtual balances of up to 1,000,000€/$/£ is available from BDSWISS free of charge. The WebTrader was created to meet the demands of traders all over the world and is available in more than 20 different languages. As well as, the corporate runs an energetic weblog and neighborhood of merchants, which permits sharing the expertise to get higher data in regards to the markets and buying and selling itself. MT5 being a more moderen model additionally gained nice recognition and options much more developed instruments and complete evaluation choices, beloved both by freshmen or professionals.

We have invited you to share your BDSwiss account details in order to investigate this for you. All information on 112brokers.com is only published for general information purposes. https://forexarena.net/ We do not present any investment advice or guarantees for the accuracy and reliability of the information. Steven Hatzakis is the Global Director of Research for ForexBrokers.com.

While BDSwiss provides access to popular stocks in 3 account types, including Standard, VIP, and Raw accounts, it has developed a separate StockPlus account where it offers 900+ shares and 80+ ETFs. The broker offers a high number of deposit and withdrawal options that are available in multiple base currencies. Traders can use MetaTrader 4, MetaTrader 5, BDSwiss Mobile App, and BDSwiss WebTrader platforms available on the web, desktop, and mobile.

What is BDSwiss leverage?

It is a fact that you are always protected as long as the broker is regulated by the regulations. Since the approach of the company establishment comes from Switzerland, its strong basis confirmed by the great environment company built. And ever since providing online trading services as a worldwide operating group with its headquarters in Limassol – Cyprus and established offices in Berlin – Germany, Kuala Lumpur – Malaysia, Tirana – Albania, Pristina – Kosovo. Traders need to understand and remember that CFDs are leveraged, complex products that may be accompanied by the risk of incurring losses that may exceed the initial deposit of the trader.

The spreads are highest with the classic account but no commission is involved for all the available trading instruments except CFDs on indices. If you using USD currency to add your fund that you need to follow 100USD.In case you are opening a classic live account with ZAR currency the minimum deposit will be 150 ZAR. Offers comprehensive educational resources, including live webinars, courses, ebooks, and instructive videos. There have been trading seminars and workshops organized all around the world.

BDSwiss enables you to instantly Buy or Sell hundreds of CFD assets including major, minor and exotic forex pairs, metals, energies, indices, cryptocurrencies and shares of the world’s biggest companies. BDSwiss offers a wide range and CFD forex platforms to match your trading needs. From the world-leading MT4 to its user-friendly native apps BDSwiss has a truly versatile platformoffering that caters for both advanced and beginner traders. What is more, BDSwiss is ultra transparent when it comes to spread widening during highly volatile markets. The broker diligently gives traders a heads up before extremely volatile markets and does not manipulate spreads which leads to less spread widening, keeping trading costs ultra-low. For traders, spread widening can cause unexpected margin calls, which is why it is essential to trade with a broker with established liquidity providers like banks and other large institutionallenders.

For the demo account, you need to register and contact your account manager in order to have demo funds added. Trading financial instruments carries high level of risk to your capital with the possibility of losing more than your initial investment. This site will not be held liable for any loss or damage in result from using the information within the site including forex Broker reviews 2022, market analysis, trading signals, learning resources and comparison tables.

He is a specialist in stocks, futures, Forex, indices, and commodities areas using long-term positional trading and swing trading. Hi Shesh, bdswiss forex broker review we are sorry to hear that your withdrawal has been delayed. Please note that withdrawals are usually processed by our Team within 24hours.