BDSwiss review

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BDSwiss Review: Regulation, Spreads, Minimum Deposit and Withdrawal

Trading Accounts & Conditions

Account type Min. deposit Min. trade size Max. leverage
Basic $200 0.01 1:30 1.5 pips
Raw N/A 0.1 1:30 0.4 pips + $8 /lot
Black N/A 0.01 1:30 1.1 pips

BDSwiss offers trading in wide range of financial instruments – many forex pairs, as well as CFDs on indices, commodities, equities and cryptocurrencies. Its clients are offered access to the popular MetaTrader 4 platform and a choice of three account types – Basic, Raw Spread, and Black. Swap-free services are available for all of them

Overall, the trading conditions of BDSwiss seem good – the initial deposit for the Basic account is not high and the spread is on the upper end of average. However, we could not find information on the initial investment amounts for the other two accounts, which offer better spreads. For more information on trading costs in forex trading, check out the below link.

As regards leverage, the maximum level provided by the brokerage is 1:30, in line with the regulations applicable for this Cypriot brokerage. As you probably know, the maximum leverage available to retail investors was capped at 1:30 throughout the EU.

The Company. Security of Funds

Bdswiss Holding PLC

Formally known as Bank De Swiss, BDSwiss was initially a Cypriot binary options broker, but changed the nature of its offering after this type of trading was banned across the EU in July 2020 (and ESMA keeps renewing the prohibition ever since). The broker is owned by Bdswiss Holding PLC, a Cyprus Investment company operates another forex brokerage brand, Swiss Markets. Firm (CIF), licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). Now that the UK is about to leave the EU, Cyprus is becoming the most popular destination for European forex broker. Here are some of the rules which CIFs have to comply with.

First of all, CySEC requires Cyprus-based brokers to hold a minimum of €730 000 in order to prove their good financial standing. Moreover, all CySEC-regulated companies are members of the Investor Compensation Fund, which may cover tour investment loss to a maximum of 20,000 EUR per person in the event that the broker becomes insolvent. Such compensation schemes serve as an additional guarantee to clients’ funds.

In addition, as CySEC is part of the European MiFID regulations, and the companies regulated by the Cypriot financial watchdog are free to operate in all EU Member States. Therefore, they are also required to comply with all the rules and restrictions, introduced on a EU level: the leverage cap which we already discussed, provision of negative balance protection, and ban on trading incentives such as bonuses with trading volume requirements, among other things.

BDSwiss also has an offshore entity, BDS Markets Ltd. (Domain bdswiss.com), which is said to service clients outside the European Union Area.

Trading Platform

As we already mentioned, BDSwiss offers the renown MetaTrader 4, delivering a wealth of information in a simple layout, and also allowing clients to automate their trades by Expert Advisors (EA). This is one of the reasons why this platform is so popular among trader. What is more, it offers a great charting package with a number of technical indicators, and extensive back-testing environment. Here you may check out more brokers that support it.

Methods of Payment. Transfer fees

Clients of BDSwiss may use credit/debit cards, bank transfers, Sofortüberweisung, Skrill, Neteller, iDEAL, DotPAy, GiroPay, and PostePAy for deposits, and Credit/debit cards, bank transfers, Skrill, and Neteller for withdrawals.

With the exception of bank wire transfers, BDSwiss does not require a minimum withdrawal amount. That being said, please note that a 10 EUR fee will apply to any bank wire withdrawals under 100 EUR and any other withdrawals amounting to 20 EUR or less. Bank wire international payments are charged with a 10 EUR basic fee, and the minimum withdrawal amount is 50 EUR. The same fee applies to SEPA transfers, and the minimum withdrawal amount is 5 EUR.

Conclusion

BDSwiss is a Cypriot forex and CFD broker that has more than 7 years of experience in the financial markets. The broker supports the MT4 platform and is duly licensed by CySEC, which is its greatest advantage.

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To sum up our review on BDSwiss:

Leverage capped at 1:30

No info on minimum investment amounts on Raw & Black accounts

Wide range of financial instruments

Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

BDSwiss Review

$50 Bonus from “ProfitF”

Detailed info:

TABLE OF CONTENTS:

BDSwiss Overview

BDSwiss (official website) offers both Binary Options and spot Forex trading. It is regulated by CySEC (Cyprus Securities and Exchange Commission) under license number 199/13 and is located at Loanni Stylianou 6, 2 nd Floor, Flat/Office 202, 2003-Nicosia, Cyprus.

Figure; BDSwiss CySEC Regulation

Forex

Trading Conditions

BDSwiss offers spot Forex trading on various assets and variable spreads starting from 1.2 pips. It also offers a pricing up to 5 decimal places on the trading platform. Below are more conditions offered by BDSwiss Forex for trading;

  • Assets; Forex, Indices, Commodities and CFDs
  • Maximum leverage; 400:1
  • Execution; Market execution
  • Minimum deposit; none
  • Minimum trade size; 0.01 lot
  • Minimum trade size increment; 0.01 lot
  • Maximum total trade size; 60 lots
  • Maximum open trades; 300

Platforms; Trading Forex on BDSwiss is available on Metatrader 4 Desktop, Metatrader 4 Web and Metatrader 4 mobile applications.

Binary Options

BDSwiss offers up to 6 types of binary options as discussed below;

Binary Options (Classic); these are standard options with an expiration period of 15 minutes to the end of the day.

Pairs; this option involves two assets where the trader has to select which asset will perform better than the other before the expiry time.

Long term options; these are the classic options but with a longer expiry period ranging from a few days to several months.

60 seconds; these are options with a very short expiration period e.g 60secs, 90secs, 120secs, 180secs, or 300 seconds.

One Touch; Traders of this type of option choose a barrier either below or above the current market price and predict whether the price will touch the level before the expiry time.

Ladder; The trader is given 5 levels at equal distances from each other and is required to predict whether the price will be above or below each of these levels at expiry.

More Features of BDSwiss Binary Options;

Sell; the BDSwiss binary options platform gives you a price that you can sell your option before expiry. This feature is available 15 minutes to expiry time and any time the trade is open for 60 seconds options.

Double up; this similar allows traders to open a similar position to an already opened on in terms of bet size, expiration and instrument.

Rollover; this feature extends your current expiry time to the next available expiry period giving your trade an extra time window to go into the profit territory. This feature can only be activated 15 minutes or more to expiry time. Unlike other binary option brokers; BDSwiss does not charge a fee for this feature, alternatively, it increases the initial investment by 30% e.g. if the initial trade was $25, it will be increased to $32.5 after using this feature with no change in payout….see more about Binary Options Features (Sell, Rollover, Double Up)

Binary Options Trading Platforms

BDSwiss uses the SpotOption binary options web trading platform as well as mobile trading applications for Android and iOS.

Figure; BDSwiss Web Based Binary Options Trading Platform

Features of Binary Options Web Trading Platform;

Pros

  • Candlestick and line charting available
  • Simple and easy to use
  • Web based
  • Trader sentiment meter available
  • Multi-timeframes for charts
  • Open positions can be viewed
  • Transaction history can be viewed

Cons

  • Limited charting area
  • Technical indicators are not available
  • Drawing tools for technical analysis are not available

Binary Options Mobile Application features

Figure; BDSwiss Binary Options Mobile Trading Application

  • 24/7 trading
  • Simple interface
  • Easy to use
  • Synchronization with your BDSwiss account
  • Live chart feeds
  • Available in multiple languages

Deposits and Withdrawals

BDSwiss accepth these payment systems: Bank Transfer, Credit Cards, Skrill, Neteller, Giropay, Sofort, iDeal, eps

Education

BDSwiss offers regular live seminars, online webinars for all level traders, and daily market analysis. It also has the BDSwiss traders’ blog which has numerous educative articles and news.

Awards; “Most Reliable Broker for 2020”, by FX Empire on February 2020.

BDSwiss – Pros and Cons

Pros

  • Both Binary options and spot Forex trading are available
  • Desktop, web, and mobile MT4 platforms for Forex trading
  • Multiple assets for both binary options and Forex trading
  • Up to 6 binary options types
  • High payouts for One Touch binary options
  • Regulated broker
  • Multiple payment methods
  • Multi-lingual support

Cons

  • Only one account type is available
  • No desktop platform for binary options trading
  • No running bonuses, promotions or tournaments

Customer Support

BDSwiss Support available via:

  • “Contact-us” web form,
  • Phones
    • Germany:+49 (0)691 75 36 48 10
    • Austria:+43 72 0775151
    • Spain:+34 91 0602455
    • Norway:+47 21 930569
    • Sweden:+46 81 2410637
    • Denmark:+45 78 755991
    • Italy:+39 02 87368390
    • Poland:+48 22 1284958
    • Greece:+30 21 12340029
    • Slovenia:+38 62 7074116
    • France:+33 17 8900647
    • Finland:+358 93 1583202
    • South Korea:+82 70 47326757
    • United Kingdom:+44 20 37691426
    • Australia:+61 29 0984771
    • Switzerland:+41 43 5500220
  • LiveChat
  • emails: Support [email protected] Marketing [email protected] Investor Relations [email protected]

Conclusion

BDSwiss is a regulated broker offering both Binary Options and Forex trading. Trading on these two types of financial instrument on BDSwiss is offered on two different trading platforms; Metatrader 4 for Forex trading and SpotOption web based platform and mobile app for Binary Options. BDSwiss has more flexible trading conditions for Binary Options than those it has for Forex trading.

Traders, What you think about “BDSwiss ” ?

Your opinion is VERY important to us. Please write your review/feedback (use tab “Comments” in top of the page)

BDSwiss

BDSwiss

  • Intuitive Trading Platform
  • Low Minimum Deposit Requirement
  • Low Minimum Trade Size

BDSwiss is a professional web-based cfd trading platform, online since 2020. It is, of course, mobile friendly and there is no downloading necessary and you can easily register online and start trading.

It is interesting that this site is specifically targeted towards German language (but other languages are also supported). Although it is a fairly new company among the older trade brokers, they offer many great tools.

BDSwiss used to be a CFD and a binary options broker, but it is not anymore. Its not possible to trade binary options with BDSwiss anymore, only CFD.

Why BDSwiss?

Why should you start trading with BDSwiss and not some other brokers? Well, it’s simple!

    • This broker, including customer support, speaks your local language (Polish, German, English, Czech. )
    • No hidden fees
  • Regulated brand throughout the whole Europe (CySEC)
  • BDSwiss offers free exclusive webinars and strategy materials.

BDSwiss Platform

BDSwiss used to use a SpotOption platform, but does not anymore. They now use the platform displayed below and only allow classical high-low trading.

Look at their platform. BDSwiss.

Other than classic high-low binary options, you can trade with many more kinds of exotic options with this broker. Options such as Ladder binary options and One-Touch binary options are available to be traded if you wish.

Trading One Touch Options with BDSwiss

  • One touch options
    • By trading one touch options, the trader speculates whether the price attacks a certain position. If it does, the profit is high (up to 300%).
      An example: Price will reach $120 in under 72 hours. If so, the trader gains $300. If not, trader loses $100.
  • Ladder options
    • This type of binary options is similar to spread options offered by HighLow and ETX Binary. They are classic options with slightly adjusted ITM line. If the line moves against our trade, we have a higher chance of greater profit. If ITM line moves so that strike price is more profitable for us than 95% profit can move for example to 24%, but this also moves yields higher probability of profit.
    • With ladder options, trader can use advanced hedging techniques to make sure that he stays in profit regardless of the price movements. More on that here: Binary option strategy hedging.

Unfortunately, the above said is not true anymore. Its not possible to trade binary options with BDSwiss anymore.

Company info:
Name BDSwiss
Website bdswiss.com
Foundation Year 2020
Trading conditions:
Min. Deposit 100 $
Payouts 85 %
Trading Assets Currencies (Forex), Indices, Stocks, Commodities
Option Types High/Low Options, One Touch Options, 60 Second Options
Payment Methods:
Credit Card, Wire transfer, Neteller
Other Features:
Accept US traders
Affiliate program
ProfitF BONUS:
Broker Info Bonus Open Account
USA Allowed No
Assets: 171
Payout: *
Demo Account: No
Min Deposit: $100
Great broker for german clients Trade Now! Read Review

BDSwiss Minimum Deposit

To register for an account with BDSwiss there is no deposit required and you don’t need to give your credit card information to simply register on the website. BDSwiss only has one type of accounts. It is a live trading account that requires only a $100 minimum deposit initially. The low initial deposit is great for new traders to feel comfortable trading more quickly with lower risk.

The minimum deposit is $100 and the minimum investment is $5. Maximum deposit by credit card is $ 5 000S, wire transfer is unlimited. You have a wide variety of ways to deposit funds into your account by credit card, debit card, wire transfer, cashU, Maestro, Sofort, Paysafecard, UKash, Giropay, EPS, and Postepay. All deposits immediately go into your account, but it takes a couple of business days to process your wire transfer.

BDSwiss Withdrawal

BDSwiss has a minimum withdrawal of $100 US or EUR 100 depending on your trading account currency. You can easily withdraw your funds by credit card, debit card, wire transfer, cashU, Maestro, Sofort, Paysafecard, UKash, Giropay, EPS, and Postepay. There is a fee charged on wire transfer withdrawals of $25 US, but credit or debit card fund withdrawal transfers are free. Withdrawals can take 1-7 days depending on the method.

When you sign up for an account at BDSwiss you get training materials, like ebooks and live webinars that are included in your account.

Our BDSwiss Experience

From our experience, BDSwiss is a great broker. The platform is quick with no delays after making a trade. It took their customer support a little bit to reply, but other than that, they were able to help us with everything we needed.

A minimum deposit of $ 100 is great for novice traders, just as their support of multiple languages. Good luck!

BDSwiss Pros

  • Intuitive Trading Platform
  • Low Minimum Deposit Requirement
  • Low Minimum Trade Size
  • CySEC regulated

BDSwiss Cons

  • Have a minimum withdrawal amount requirement of $100
  • Just One Trading Currency

BDSwiss – Review author

More about the author Step

I’ve wanted to build a business of some kind and earn money since I was in middle school. I wasn’t very successful though until my senior year in highschool, when I finally started to think about doing online business. Nowadays I profitably trade binary options full-time and thus gladly share my experiences with you. More posts by this author

BDSwiss Details

✅ Broker BDSwiss
✅ Website URL https://eu.bdswiss.com
✅ Founded 2020
✅ Headquarters Nicosia, Cyprus
✅ Support Number [email protected]
✅ Support Types Telephone, Email, Fax, Online Chat, Contact Form
✅ Languages English, Deutsch, Ελληνικά, Italiano, Dansk, Norwegian, Polski, Suomi, Svenska, Nederlands, Français, Español, Pу́сский, Slovene, Türkçe, 中文, 日本語, 한국어, Português, Čeština
✅ Trading Platform Own platform
✅ Minimum 1st Deposit $100
✅ Minimum Trade Amount $5
✅ Bonus Great broker for german clients
✅ Leverage Up to 1:30
✅ Spread 1 – 1.3 pips
✅ Free Demo Account
✅ Regulated
✅ Regulation Yes
✅ Account Types Standard
✅ Deposit Methods Visa, MasterCard, Maestro, Wire transfer, Sofort,, Paysafe, UKash, GiroPay, EPS
✅ Withdrawal Methods Visa, MasterCard, Maestro, Wire transfer, Sofort,, Paysafe, UKash, GiroPay, EPS
✅ Trading Methods One Pair, Short Term, Long Term, Ladder, Pairs
✅ Number of Assets 171
✅ Expiry Times 60s, 90s, 120s, 5m, 30m, 1h, 2h, 4h, 8h, 12h, End of Day, Weekly, Monthly
✅ Types of Assets Currencies, Stocks, Indices, Commodities
✅ Trading Currency EUR
✅ Account Currency EUR
✅ US Traders Allowed
✅ Overall Score 93/100

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10 Responses to “BDSwiss”

I am trading with BDSwiss for a little over one year. The company is residing in Madagaskar and supervized by authorities in Seychelles according to my paperwork with them. The leverage I am using is 1:200 but I could go as high as 1:400 according to my account options. I am based in Asia.
Their mobile platform isn’t very usable imho. It often disconnects and fails to update prices when using other apps on my iphone. There aren’t many tools available for trading either. It’s ok to open and close trades, but not for research. Slippage is neglectible, but the spreads aren’t great either. Overall I use it to test strategies with real money. For that it is helpful from my perspective.
If you asked me about ratings I would give them 2 stars due to lack of tools and their issues with their apps and almost zero support. In many cases tickets were closed without being answered.
Cheers to all traders!

Could somebody sent me screenshots of how to withdraw funds from BD SWISS. I don’t a withdrawal option on my account only that of deposit.

go to this link https://account.bdswiss.com/dashboard/yourID/transactions (replace yourID in the url with your personal ID (can be found in top right corner) and you will see “Withdrawal” option.

However! Your withdrawal will be declined if your documents are not valid or have expired, in which case you will need to update your documents before you reapply to withdraw your funds.

I’m thinking of starting to trade binary options, I quite like it. I’ve already been reading about it for couple of weeks and trying to somehow learn, so I was wondering whether the broker BDSwiss is good for beginners. What do you think? Thanks for your reply.

My opinion is that the broker BDSwiss is good for beginners. This is mainly because the deposit is only 100 euros and you can start trading from just 5 euros. Also, your registration includes teaching materials, a book or a webinar useful for beginners.

I like the minimum deposit with the broker BDSwiss which is 100 €; most brokers require a deposit of 200 or more. I think this will be appreciated especially by novice traders who do not have much money.

You’re right, for a lot of traders, the amount of the deposit when picking a binary options broker is crucial.

Hello Jpro, I would ask you whether you also trade with a broker BDSwiss? And also, whether this broker is one of your favorites.

Hey, to be honest, I’ve started trading at BDSwiss 2 years ago, and there has been a time when I traded with him quite a lot, but I have had other favorites lately.

hey jpro
can you tell us your favourite broker

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Top Broker!
    Best Choice For Beginners!
    Free Trading Education!
    Free Demo Account!
    Big Sign-up Bonus!

  • BINOMO
    BINOMO

    Perfect For Experienced Traders!

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