BDSwiss | Review | CFD Trading Platform Review

Our Review

 

 

BDSwiss

Find all you need to know about BDSwiss Trading Platform.

 

Topics

1. 1.What is BDSWISS?
2. 2.Is BDSWISS safe or a scam?
3. 3.Leverage
4. 4.Accounts
5. 5.Fees
6. 6.Trading Instruments
7. 7.Deposits and Withdrawals
8. 8.Trading Platform
9. 9.Customer Support
10. 10.Education
11. 11.Conclusion

 

What is BDSWISS?

BDSWISS is a well-known trading platform. The main agenda of the Parliamentary Republic of Mauritius was a well-thought-of investment firm. The firm has earned a big name having 1.5 M+ registered accounts and clients from 186 countries. BDSWISS offers the facilities of Forex, Commodities, Shares, Indices, Cryptocurrencies, and the platforms for trading such as Meta Trader 4, Meta Trader 5, MT4 vs MT5, BDSWISS Mobile app, BDSWISS Web Trader.

Pros	Cons
Educate the clients by analyzing the daily market situations.	Some countries don’t have the services.
Offers exceptionally fast access to the financial markets.	10% fee in case of no trading.
Guide in more than 20 languages.
Its award-winning range is a source of inspiration.

 

 

10 Points Summary

Headquarters	BDSWISS Holding Ltd is Apostolou Andrea Street 11, Hyper Tower, 5th Floor, 4007 Mesa Yeitonia, Limassol, Cyprus.
Regulation	“CySEC”, license no. 199/13 and registration no. HE 300153.
Platforms	MT4, MT5, BDSWISS WEB TRADER
Instruments	Forex, Stocks, Commodities, Indices, Shares, Cryptocurrencies
EUR/USD Spread	1.5 Pips
Demo Account	Available
Minimum deposit	$100
Base currencies	EUR, USD, GBP, PLN, CHF, SEK, DKK, NOK
Education	Provide courses to learn, analysis of market,
Customer Support	24/5

 

Awards

The sweetest result of hard work and dedication is the appreciation you get from others. BDSWISS has also experienced this for many times. By winning so many awards BDSWISS has become fascination for others. Recently FxScouts has honored BDSWISS by “ Best Market Research provider, 2020”.  “Best Trading Conditions, 2020” by World Finance Awards.”, “Best FX & CFDs Provider, 2020” by “ International Investor Awards, “Best Partnership Program Asia, 2020” by Global Banking & Finance Awards.

“Best Trader Execution, 2019”, by Global Forex Awards, “Best Trading Conditions, 2019”, by World Finance Awards. “Best Trading App, 2019” by Mobile Star Awards', “Best Trading App, 2018 by Mobile Star Awards.

 

 

Is BDSWISS Safe or a Scam?

BDSWIS has a lot of registrations to the related authority where it is operating. Regulation of BDSWISS under the license no. 199/13 and registration no. HE300153 under the laws of Cyprus ensures to be safe and not a scam.  Cyprus regulatory authority ensures the trusted investment services. The European MiFID and MiFID II charges are to ensure a scam-free trading environment.

 

 

 Is BDSWISS legit?

BDSWISS while being dedicated has all the legal bonds that ensure its clients to be relaxed while working with it. It either has a regulatory permission or is working under the supervision of local authorities without being regulated because of its reputation to be scam-free.

 

Leverage

Leverage can put you in trouble or even may bankrupt you if the results of your investment do not come as you were expecting. BDSWISS offers different categories of leverage that protect you against any grim circumstances. 

It offers leverage ranging from 1:50 to 1:200. However, the level of leverage depends upon the proficiency of client to handle the leverage which is selected through the test. After testing the level of the client is selected, so the firm and the client, both, has a safe journey together.

 

Accounts

BDSWISS offers to make an account to start the trading journey with it. Having an account means you have taken the first step and this first step charges you at the minimum level of 100$. 

 The rest depends upon which type of account you are going to choose and how much risk can you face. Providing  different sorts of accounts also offers free guidance on how to choose the account wisely and how to handle it effectively.

Pros	Cons
Four main variations of accounts are available naming Classic, Raw, VIP account and Invest Plus.	No cons are ever seen
You can start with a little amount of deposit.
The free demo account lets you understand the main thing.

 

Account types

BDSWISS mainly offers you four sorts of account to register with.

Classic account

Classic accounts offer 1.5 spread. The minimum amount to deposit  is 100USD, GPR, EUR. It has no commission.

Raw account

Raw account offers you 0.0 spread. It has a $5 commission.

VIP account

The VIP account offers 1.1 spread and has some additional facilities such as prioritized support, personal account manager, and VIP trading alerts. It also has no commission.

Invest Plus

At DMA, it offers 1000+ CFD. It provides market analysis on daily basis. Invest plus offers an account manager. It also gives authorization to its client to webinars. But it doesn’t provide its client as much access to alerts for trading as is provided by VIP account.

 

Fees

Fees are applied in some conditions according to the type of account you are following. No fee for deposit and withdrawal from your credit card however on the other hand 10 EUR fee is applied on withdrawal of 20 EUR.

The fee is also charged if you swap or remain open over the night. A little amount of fee is charged on currency conversion and for inactivity for above 90 days.

Pros	Cons
Not a large amount of fee is applied in any condition.	Variations in spread may confuse.
Very little amount of commission

 

Comparison between BDSWISS fees and similar brokers

Asset/ Pair	BDSWISS Fees	XM Fees	LiteForex Fees
EUR USD	0.1	1.6 pips	2.2 pips
Crude Oil WTI	4	5 pips	3 pips
Gold	20	35	11.0
Inactivity fee	Yes	Yes	Yes
Deposit fee	No	No	No

 

What is BDSWISS commission?

A very little amount of commission and that is also based on percentage is subtracted. It doesn’t vary and for all CDs, it is 0.1%.

 

Trading Instruments

BDMSWISS offers various instruments such as Forex with 50 pairs of currency. Shares, Indices, Commodities, Cryptocurrencies, equities.
 

 

Deposits and Withdrawals

BDSWISS have a secured deposit and withdrawal systems maintained with the help of leading and the most trusted Providers for payment.

It offers services from Master Card, Visa, Maestro, Giro Pay, Sofort, Eps, ideal, Dotpay, Skrill, Netteler, Paypal, which have high repute.

It doesn’t charge any fee for deposit or withdrawal using credit card but if deposit or withdrawal is through some other channel it cost the fixed amount of 10 EUR.

Pros	Cons
A little amount needed to deposit initially.	Charges apply under condition
The deposit is free.

 

Deposit Options

BDSWISS offers a wide range of deposit options such as Credit/Debit card, 

Transfer through Bank Wire, Netteler, Paypal, Skrill and a lot of others as well to choose what your needs are and where are you.

 

What is the Minimum deposit for BDSWISS?

The minimum deposit for BDSWISS is at least $100.

 

 

Withdrawals

BDSWISS has a variety of payment options discussed earlier in detail through which the client can withdraw money easily.

It is free of cost if you choose a debit card to withdraw. If you choose some other medium, however, you will be charged as a fixed amount of 10 EUR.

 

Withdraw Money Step By Step

There is no worry to withdraw the money as the process is very easy and clear to understand.

Step #1:

First of all sign in to your account whichever type you have selected

Step #2

 

Then you have to select the account which you prefer to use for withdrawal. 

Step #3:

Select the options given in your withdrawal account to proceed.

Step #4: 

Yes, you are in the final step where to fill in every information required and then confirm to withdraw.

 

Trading Platform

BDSWISS offers a variety of platforms to trade with. MT4 and MT5, two of the most well-known platforms are also available which offers conformity for everybody who has experienced some other firm earlier. BDSWISS also offers BDSWISS MOBILE APP for a personalized experience. BDSWISS also offers BDSWISS Web Trader for more convenient trading experience.

Pros	Cons
Availability of MT4 and MT5 is a plus point.	No such cons are found.

 

Web Trading Platform

BDSWISS possess its Web trader which allows its client to interact more conveniently. The interface it offers is user-friendly having a lot of tools to perform any task without even bothering about some calculations which are done automatically such as the required margins or to calculate the leverage levels and the size of position.

 

Desktop Platform

The availability of MT4 and MT5 makes the whole view even comfortable to understand because both are alike in many ways with little bit of difference in their version. MT4 and MT5 which are already popular in SWISS Market makes it very easy to get the idea.

Mobile Platform

Mobile app for every sort of mobile software makes it handy to check for progress , to change the type of account or currency type, or whatever you want to do in few minutes and wherever you are. 

 

 

Customer Support

BDSWISS has such a superb system of supporting its customers that you don’t have to bother even if you are not native as you will be guided by the team in whatever language you speak. It offers 20 languages and live customer support via chat  on different medium such as telegram and  WhatsApp.

Pros	Cons
Variation in languages.	No such cons are found.
Live chat on social media

 

Education

You may say the firm is some educational institution or academy to teach Forex/CFD. If you follow the webinars and the courses it offers to teach these skills you will be expert of these skills. Moreover, it provides a free practice to Demo Account to check your skills.

Pros	Cons
Market Analysis helps a lot	Expert's discussion on loss may terrify.
Provide experienced guide with platform to practice

 

Conclusion

To sum up the discussion, we may say that BDSWISS is an unparalleled mixture of an investment broker and an educational institution.

Here we not only can invest but can also avail guidance from experts. So, choosing this broker may never end us in pathetic situation.

Wherever, in this plane, you live you can be a part of this great investment platform without taking tension.