BDSwiss is a forex and CFD broker that offers a range of trading platforms, including the full MetaTrader suite and its own proprietary mobile and web-based platforms. The broker caters to over 1.6 million registered traders and provides access to over 1,000 tradable symbols. BDSwiss is known for its good order execution statistics, quality research, and customer support services. However, it is worth noting that the broker is authorized by one tier-2 regulator and one tier-3 regulator, and its spreads may be higher than industry leaders.
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Trading Instruments
- Forex: BDSwiss offers trading in over 50 forex pairs, including major pairs like EUR/USD, GBP/USD, and USD/JPY, as well as minor and exotic pairs.
- CFDs: BDSwiss offers trading in a range of CFDs, including indices, commodities, and cryptocurrencies.
- Stocks: BDSwiss offers trading in stocks from a range of global exchanges, including the NYSE, NASDAQ, and Euronext.
- ETFs: BDSwiss offers trading in a range of ETFs, providing exposure to various sectors and asset classes.
- Bonds: BDSwiss offers trading in a range of government and corporate bonds, providing access to fixed income markets.
BDSwiss Trading Conditions
BDSwiss offers different trading conditions depending on the type of account and asset being traded. Here are some of the key trading conditions offered by BDSwiss:
- Spreads: Spreads can vary depending on the account type and asset being traded. For example, the Raw Spread account offers tight spreads starting from 0.0 pips, while the Standard account offers spreads starting from 1.5 pips.
- Leverage: BDSwiss offers leverage up to 1:500 for forex trading, and up to 1:100 for other assets, such as CFDs.
- Minimum Deposit: The minimum deposit required to open a BDSwiss account varies depending on the account type, ranging from $100 for the Standard account to $5,000 for the Black account.
- Commission: The commission charged by BDSwiss varies depending on the account type and asset being traded. For example, the Raw Spread account charges a commission of $4 per standard lot, while the Standard account does not charge a commission.
- Trading Hours: BDSwiss offers trading 24/5 for most assets, with the exception of cryptocurrencies which can be traded 24/7.
Account Types
BDSwiss offers three different account types to suit the varying needs of traders. These account types are:
Standard Account: This account type is suited for traders who are new to forex and CFD trading. The minimum deposit required to open a Standard Account is $100, and the account offers spreads starting from 1.5 pips.
Raw Spread Account: This account type is suited for experienced traders who require tighter spreads. The minimum deposit required to open a Raw Spread Account is $500, and the account offers spreads starting from 0.0 pips with a commission of $4 per standard lot.
Black Account: This account type is suited for high-volume traders who require additional benefits and services. The minimum deposit required to open a Black Account is $5,000, and the account offers spreads starting from 1.0 pip with a range of exclusive benefits, such as personalized support, custom trading conditions, and access to premium features.
All BDSwiss accounts provide access to a range of trading instruments, including forex, CFDs, stocks, ETFs, bonds, and cryptocurrencies. Traders can also use the MetaTrader suite or BDSwiss’ proprietary mobile and web-based platforms to execute their trades.
Regulation and Security
BDSwiss is authorized and regulated by two reputable regulatory bodies:
The Cyprus Securities and Exchange Commission (CySEC), which is a tier-2 regulator, and The Financial Services Commission (FSC) of Mauritius, which is a tier-3 regulator.
Both regulators have strict rules and guidelines that BDSwiss must follow, such as maintaining adequate capitalization, segregating client funds, and providing transparent pricing and trading conditions.
In terms of security, BDSwiss uses advanced encryption technology to protect clients’ personal and financial information. Additionally, all client funds are held in segregated accounts with top-tier banks to ensure that they are protected in the event of BDSwiss’ insolvency. BDSwiss also offers negative balance protection to prevent clients from losing more than their account balance in the event of a market gap or price movement.
Conclusion on BDSwiss
In conclusion, BDSwiss is a well-established and reputable broker that offers a range of trading instruments and platforms to suit the needs of both novice and experienced traders. The broker is authorized and regulated by two reputable regulatory bodies and uses advanced security measures to protect clients’ funds and information.
BDSwiss offers competitive trading conditions with a range of account types and instruments, and provides quality research and education resources to help traders make informed decisions. However, it’s worth noting that BDSwiss’ spreads are higher than industry leaders, which may be a drawback for some traders. Overall, BDSwiss is a reliable broker that offers a good trading experience for traders of all levels.
It was great, and helpful. I like because the costumer service is so kind and they looks all in your account that have a problem.
They just answered every question of me, and gave me solutions for my problems immediately. Just great.