BDSwiss Ltd does not accept clients from the following restricted countries: Belgium, Democratic Republic of Congo, Eritrea, Japan, Libyan Arab Jamahiriya, Mauritius, North Korea, Seychelles, Somalia, Sudan, United States.
Deposit & Withdrawals Options
“BDSwiss offers clients the ability to deposit and withdraw funds using a variety of methods including debit/credit card, bank wire, Skrill, Neteller, PayPal and more.”
BDSwiss offers clients the ability to deposit and withdraw funds using a variety of methods including debit/credit card, bank wire, Skrill, Neteller, PayPal and more. Deposits are fee-free but any withdrawal amount of 20 EUR or less will incur a charge of 10 EUR. The same charge applies to wires less than 100 EUR.
All deposits are processed immediately except bank wire which can take between 1- 4 days and withdrawals are processed within 24 hours.
Clients can deposit and withdraw funds through the client portal under the ‘Payments’ section.
Web & Desktop Trading Platforms
“BDSwiss offers clients the ability to trade on its own proprietary WebTrader platform as well as the MetaTrader 4 and Metatrader 5 platforms.”
BDSwiss offers clients the ability to trade on its own proprietary WebTrader platform as well as the MetaTrader 4 and Metatrader 5 platforms. The platform features are highlighted below:
BDSwiss WebTrader
- Built-in Trends Analysis feature
- Cutting-edge Charting, Indicators & Analysis
- Clean & User-Friendly Interface
- No download – Cross Browser Compatibility
BDSwiss MetaTrader 4
- Easy to use interface
- 24 analytical objects
- 30 built-in indicators
- Expert Advisors
BDSwiss MetaTrader 5
- 21 timeframes
- 40+ analytical objects
- 80 built-in indicators
- Advanced Charting
A screenshot of the BDSwiss WebTrader platform is shown below and is covered in more detail in the video review.
Mobile Trading Platforms
“BDSwiss offers clients the ability to access mobile trading on the go from the BDSwiss Mobile App for Android and iOS systems.”
BDSwiss offers clients the ability to access mobile trading on the go from the BDSwiss Mobile App for Android and iOS systems which can be downloaded from the Google PlayStore or Apple AppStore respectively.
The BDSwiss Mobile App mobile trading app provides a range of different features including:
- 250+ Available Forex & CFD assets
- Real-time pricing and interactive charts
- Live trading on the go
- Deposit and withdrawal functionality
The BDSwiss mobile trading app is covered in more detail in the video review.
Trading Features
“BDSwiss offers clients access to Autochartist, an automated analysis tool that provides alerts and trading opportunities on a wide variety of asset classes.”
BDSwiss offers clients access to AutoChartist, an automated analysis tool that provides alerts and trading opportunities across 250+ markets.
Additionally, the broker offers a unique Trends Analysis tool that was developed in partnership with AutoChartist to allow clients to discover emerging and recently completed trends for hundreds of assets as well as view pattern overlays and projected price trends which can be applied to live charts.
The Trends Analysis tool is built-in to the BDSwiss WebTrader platform and all clients can access 50 trends on major assets including forex, shares and indices. However, VIP clients can benefit from over 500 trends on all CFDs and exotics.
Commissions & Spreads
“Trading costs with BDSwiss vary, depending on account type and the market traded, with some commission-free and some commission-based.”
Trading costs with BDSwiss vary, depending on account type and the market traded, with some commission-free and some commission-based. For example, share trading is commission-based across all three account types but forex and index trading commissions vary.
The below table shows the trading costs for each account type:
For Non-Islamic accounts, overnight funding or ‘swap’ fees are charged on positions that remain open overnight (22:00) GMT. If positions are being held over the weekend a three-day ‘swap’ charge will be charged on Wednesdays.
There is also an inactivity fee charged after 90 days if no trading activity has taken place. Inactive accounts are charged with 10% of the account balance each month, with the minimum amount charged being €25 or trading account currency equivalent, and the maximum amount charged being €49.90 until the account balance is €0.
Bonus & Promotions
“In accordance with regulatory restrictions, BDSwiss does not offer any bonuses or promotions.”
In accordance with regulatory restrictions, BDSwiss does not offer any bonuses or promotions.
Customer Support
“BDSwiss offers multilingual customer support 24/5 via phone, email and live chat, and allows clients to submit enquiries through a form on the ‘Contact Us’ page. The live chat function also features a variety of pre-set questions and answers.”
BDSwiss offers multilingual (English, French, German, Italian, Spanish, Portuguese, Greek) customer support 24/5 via phone, email and live chat. The live chat function also features a variety of pre-set questions covering deposits and withdrawals, trading issues, password reset, leverage and more.
Clients also have the option to connect with a live agent and after submitting a question we were connected to an agent who answered our question within 10 seconds, as shown below:
