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BDSwiss Broker Review

FX Scouts By Jeffrey Cammack Updated: May 26, 2020
Overall Rating
4.42 / 5
Min. DepositUSD 100
Max. Leverage30:1
Min. Spread1.0 pips
Regulators CySEC,FSC
Regulator Origin CySEC FSC
Trading Desk Type

Summary

BDSwiss is a highly-rated broker, popular with both beginner and experienced traders. A wide range of account types is available, including a new subscription-based Raw Spread Account, which offers very tight spreads and no commission in return for a monthly payment.

All accounts are available as Islamic accounts and experienced traders will also like with the Black Account, which includes free AutoChartist and one-on-one support. MT4 and MT5 are both supported and educational and analytical material are both excellent. Overall, BDSwiss is a good choice for all kinds of Forex traders and we are curious to see if the subscription model catches on.

Reviews

Trust Rating
Trading Conditions
Trading Platforms
Deposit & Withdrawal
Education & Research
Assets Available
Customer Service
Beginner Friendly Excellent
Bonuses
Our Review Process

Trading Conditions

Minimum DepositUSD 100
Base currenciesEUR, USD, GBP, PLN, DKK, SEK, NOk, CHF
Number of FX Pairs50+
Hedging Allowed Yes
Scalping Yes
Islamic Account Yes

Average Spreads

EUR / USD1.4
GBP / USD1.6
USD / JPY1.5

Company Details

Company nameBDS Markets
Founded2012
Website global.bdswiss.com/en
Type Market Maker
Regulators CySEC,FSC
Office locations Cyrus, Mauritius

Deposit & Withdrawal Methods

Supported Platforms for BDSwiss

Most retail CFD accounts lose money. Your capital is at risk.

Compare CFD Brokers

Overall Rating 4.42 / 5 4.18 / 5 4.46 / 5
Minimum DepositUSD 100USD 100USD 200
Regulation
CySEC CySEC
FSC FSC
ASIC ASIC
FSCA FSCA
B.V.I FSC B.V.I FSC
FSA FSA
CySEC CySEC
ASIC ASIC
Trading Desk Type
Trading InstrumentsCommodities, Cryptocurrencies, Forex, Indicies, EquitiesCommodities, Cryptocurrencies, Forex, Indicies, Equities, ETFsCommodities, Cryptocurrencies, Forex, Indicies, Equities, Bonds, Futures
Forex Pairs50+50+60
Crypto Pairs51810
Pros
  • Tight spreads
  • Good for beginners
  • Wide range of assets
  • Good for beginners
  • Well regulated
  • Low minimum deposit
  • Well regulated
  • Tight spreads
  • Wide range of assets
  • Great platform choice
Cons
  • Expensive withdrawals
  • Limited market analysis
  • Dealing desk
  • Limited education
  • High minimum deposit
  • Limited market analysis
Read Full Review Read Full Review
Trust Rating 4 / 5 4 / 5 5 / 5
Trading Conditions 5 / 5 5 / 5 4.5 / 5
Trading Platforms 4.5 / 5 4.5 / 5 5 / 5
Deposit & Withdrawal 4 / 5 4.5 / 5 4 / 5
Education & Research 5 / 5 2 / 5 3 / 5
Assets Available 4 / 5 4.5 / 5 4.5 / 5
Customer Service 4.5 / 5 4 / 5 4.5 / 5
% Lose with this broker 84.1% of retail investor accounts lose money when trading CFDs with this provider 71% of retail investor accounts lose money when trading CFDs with this provider N/A
Leverage30:130:130:1
Spread1.0 pips0.9 pips0.1 pips
Hedging Yes Yes Yes
Scalping Yes Yes Yes
Account Types
  • RAW Spread (Standard)
  • Retail (Standard)
  • Standard - MetaTrader (Standard)
Islamic Account Yes Yes Yes
Trading Platforms MT4, MT5 MT4, MT5 MT4, MT5, cTrader
Funding Methods Bank Transfer, Sofort Banking, Visa, Mastercard, Skrill POLi, Visa, Mastercard, Skrill, Neteller, Paypal, Bank Transfer Bank Transfer, Visa, Mastercard, Skrill, Neteller, Paypal, Unionpay
Trading Commission Fees Included in Spread Fees Included in Spread 7 USD / lot - True ECN account
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BDSwiss

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Overall Rating 4.42 / 5 4.18 / 5 4.46 / 5
Minimum DepositUSD 100USD 100USD 200
Regulation
CySEC CySEC
FSC FSC
ASIC ASIC
FSCA FSCA
B.V.I FSC B.V.I FSC
FSA FSA
CySEC CySEC
ASIC ASIC
Trading Desk Type
Trading InstrumentsCommodities, Cryptocurrencies, Forex, Indicies, EquitiesCommodities, Cryptocurrencies, Forex, Indicies, Equities, ETFsCommodities, Cryptocurrencies, Forex, Indicies, Equities, Bonds, Futures
Forex Pairs50+50+60
Crypto Pairs51810
Pros
  • Tight spreads
  • Good for beginners
  • Wide range of assets
  • Good for beginners
  • Well regulated
  • Low minimum deposit
  • Well regulated
  • Tight spreads
  • Wide range of assets
  • Great platform choice
Cons
  • Expensive withdrawals
  • Limited market analysis
  • Dealing desk
  • Limited education
  • High minimum deposit
  • Limited market analysis
Read Full Review Read Full Review
Trust Rating 4 / 5 4 / 5 5 / 5
Trading Conditions 5 / 5 5 / 5 4.5 / 5
Trading Platforms 4.5 / 5 4.5 / 5 5 / 5
Deposit & Withdrawal 4 / 5 4.5 / 5 4 / 5
Education & Research 5 / 5 2 / 5 3 / 5
Assets Available 4 / 5 4.5 / 5 4.5 / 5
Customer Service 4.5 / 5 4 / 5 4.5 / 5
% Lose with this broker 84.1% of retail investor accounts lose money when trading CFDs with this provider 71% of retail investor accounts lose money when trading CFDs with this provider N/A
Leverage30:130:130:1
Spread1.0 pips0.9 pips0.1 pips
Hedging Yes Yes Yes
Scalping Yes Yes Yes
Account Types
  • RAW Spread (Standard)
  • Retail (Standard)
  • Standard - MetaTrader (Standard)
Islamic Account Yes Yes Yes
Trading Platforms MT4, MT5 MT4, MT5 MT4, MT5, cTrader
Funding Methods Bank Transfer, Sofort Banking, Visa, Mastercard, Skrill POLi, Visa, Mastercard, Skrill, Neteller, Paypal, Bank Transfer Bank Transfer, Visa, Mastercard, Skrill, Neteller, Paypal, Unionpay
Trading Commission Fees Included in Spread Fees Included in Spread 7 USD / lot - True ECN account

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Trading Forex and CFDs is not suitable for all investors and comes with a high risk of losing money rapidly due to leverage. 75-90% of retail investors lose money trading these products. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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Most retail CFD accounts lose money. Your capital is at risk.

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