Assets are traded like assets including Forex pairs, indices, equities, commodities, cryptocurrencies. BDSwiss has an intuitive platform, good customer service and strong educational resources, making it a possible candidate for newbies to trading. BDSwiss offers the popular MetaTrader 4 and MetaTrader 5 platforms for desktop, which include advanced functions such as copy trading and automated trading.
BDSwiss offers a good range of research materials, including daily market analysis, webinars, a weekly outlook and special reports. Leveraged trading comes with a very high level of risk and is a principle reason why the majority traders lose money. BDSwiss covers a broad range of markets, including forex, stocks, indices, commodities and cryptocurrencies. Only 6 commodities are available to trade, but in other areas such as cryptocurrencies BDSwiss has a stronger variety.
Opening An Account
BDSwiss offers mobile versions of MT4 and MT5 in addition to its proprietary mobile trading app. The Raw Account is a professional account offering raw spreads in exchange for a higher minimum deposit of 5000 USD. Spreads are down to 0 pips on major pairs at times, though they average at 0.3 pips on the EUR/USD. A reasonable commission of 5 USD/lot round turn is charged on Forex pairs. Because of the nature of this account, an Islamic (swap-free) option is not available.
Combining deep liquidity, cutting edge technology and [24/5] support in more than 20 languages. BDSwiss offers 51 currency pairs, 7 commodity CFDs, 21 cryptocurrencies, 12 index, and 138 equity CFDs. The broker offers trading across a large selection of more than 250 assets, including CFDs on top Indices, Commodities, Forex, and Cryptocurrencies. With the ability to to access unicoin price chart the most popular and liquid markets, you can select the most appropriate and understandable instrument for you from using the broker’s portal. While BDSwiss charges no deposit fees, it charges 10 EUR for bank wire withdrawals below 100 EUR , and for withdrawals on all other payment methods of 20 EUR . For more on BDSwiss’ deposit and withdrawal methods and fees, click here.
For mobile traders, you won’t even need to use a desktop browser to open an account. The BDSwiss demo account can be accessed via the mobile app and an account can be opened with just the mobile app too. No review of the BDSwiss practice trading account could be complete without our first-hand experience. BDSwiss leverages the reliable MetaTrader 4 trading platform for the BDSwiss demo account, so we were excited to see how this trusted platform holds up in 2022. The main complaint, which resurfaces over and over again, is about delayed withdrawals.
Having started in 2012, BDSwiss hasn’t been able to grow its client base to over 1 million users by accident. The platform itself is easy to use and the margins on offer will suit most traders. In terms of software, BDSwiss has 3 MT trading platforms, as well as a web-based trader and a mobile trading app.
This makes it possible to respond more specifically to the wishes of traders. For example, lower spreads can only be activated if the trading volume is high so that the broker still makes enough profit. BDSwiss is very well positioned with 4 types of accounts and thus clearly sets itself apart from its competitors. BDSwiss offers its own developed trading platform for the browser and the smartphone. The well-known Metatrader is also available in versions 4 and 5 . Thanks to the clear platform, independent analyzes can be carried out easily and with the app, you can keep an eye on your portfolio at all times.
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In the case of Forex instruments, the amount charged depends on both the positions taken (i.e. long or short) and the rate differentials between the two currencies traded. BDSwiss’ swap rates are published on its website for each financial instrument. For example, BDSwiss charges swap fees of 10 USD on the EUR/USD on a long position, and traders earn 2 USD on a short position. There are no currency conversion fees if trading in an instrument that differs from your base currency such as during forex pairings, and there are overnight fees as expected for an online broker. To test the order window and reliability of the BDSwiss demo account, we opened a buy position of our chosen stock and placed a stop loss order – we were confident our stock would take a dive today.
The trading costs and account types are among the average in BDSwiss offering, along with the range of tools that bringing powerful portfolio feature and a possibility to trade popular Cryptocurrencies. SO yes you can trade Cryptocurrencies based on CFDs also with quite good costs. As I said, BDSwiss does have a comprehensive binary options trading platform.
Through its Blog, you’ll also get access to essential information such as market alerts and analysis. BDSwiss offers a good selection of payment methods that may differ depending on country legislation and your location, so it’s always a good idea to double-check this information. https://cryptominer.services/ You can deposit on BDSwiss via bank transfers, credit cards Sofortüberweisung, Skrill, EPS, iDEal, giropay, and more. Founded in 2012, BDSwiss is a well-renowned broker based in Zurich that grew quickly to become one of the biggest online trading companies in the world.
Bdswiss Mobile Trading Apps
We are delighted to hear that you are satisfied with our services and more specifically with Vlora’s assistance. We hope you continue to enjoy trading with us and remember that our Team is always at your disposal. Please contact us directly at for more information regarding the spreads of your account and our Team will be able to assist you further. Please contact our support Team directly either via live chat through the BDSwiss website or via email at and a member of our Team will be able to assist you further with your query. Traders at BDSwiss.com only can withdraw profits if they can deposit and withdraw via bank wire with IBAN number.
Autochartist is available to all traders and represents a valuable research tool. The head of the BDSwiss research team provides high quality market insights. Please come back often as broker services are very dynamic and can improve or deteriorate rapidly. We are extremely happy to hear that you are satisfied with Blerina’s assistance and we hope you continue to enjoy your BDSwiss Experience.
This helps novice traders to quickly and thoroughly understand the intricacies of trading. The company is located in Cyprus, as well as has an office in Germany. It can be noted that the broker ensures the safety of deposits.
- Thanks for rating and sharing your BDSwiss Experience so far Alan.
- You can safely trust BDSwiss with your money because they are regulated by the CySec.
- On average, however, spreads are 0.3 pips in forex and less than 1 point in stock indices.
- Autochartist can alert users of chart patterns , Fibonacci Patterns and major horizontal support and resistance levels.
- Of course, take everything with a pinch of salt because we cannot know all the details of the cases, thus we cannot decide which party is in the wrong.
The conditions for the trade are compared in the upper average and can be recommended with a clear conscience. Also the worldwide known trading platform Metatrader 4/5 is offered via BDSwiss. Personalized indicators or programs can be imported into this platform. This way, every trader can independently adapt the platform to his trading style. Furthermore, technical drawing tools are very important for technical analysis, which is popular among traders worldwide. In addition, analyses can be saved as templates and duplicated as desired.
These account types were created to cater to different sizes of trade differently. All account types cater to their individual size domain and are provided with specified features. BDSwiss is a brokerage firm that is regulated by Swiss and other authorities. We tested support with a range of questions, ranging from easy (for example what is the minimum deposit to open an account?) to harder questions (such as how can I set alerts in MetaTrader?). Agents were helpful and most of the time knew the answers to our questions immediately.
One of the other great points we should admit is Customer Support. BDSwiss multilingual support is available with service the trader requires daily which is also on a very sustainable and professional level. Even though you can Live Chat, Phone or Email them within working hours 24/5 we still remain happy with its quality level. Of course, BDSwiss developed its Mobile App as well, which actually is highly rewarded by traders and publications as well. All the most important features are available there, so being on the go you still may perform analysis, check on the open positions, manage them and access your account management.
For more details, consult the “Payments” section of this BDSwiss Review 2022. They have stable trading conditions and a global proposal suited to worldwide clients. In addition, the company runs an active blog and community of traders, which allows sharing the user experience to get better knowledge about the capital, markets, and trading itself.
Below is a sampling of instruments across the various asset classes. Spreads in some popular instruments (for example EUR/USD) are substantially wider than industry leaders, making it more expensive to enter and exit a trade. However, some instruments such as the Dax and Dow https://cryptonews.wiki/ Jones 30 had quite competitive spreads in our tests. In our trust category, we place most importance on how a broker is regulated. So let’s dive in and take a look at how the different entities of BDSwiss across the globe are regulated and how this impacts you as a trader.
At the core is the Trading Academy, categorized into Beginner, Intermediate, and Advanced lessons. Each section consists of five to six video lessons with a quiz to summarize the content. Enhancing educational content are Live Webinars in English, German, and Italian. The MT4 trading platform is available as the most basic version. The EUR/USD carries an average spread of 0.3 pips in the Raw account.
When it comes to crypto, you’re able to benefit from 24/7 trading. You can use the research and education tools to aid and enhance your trading. BDSwiss leaves no stone unturned in its bid to educate investors. Newbies and novices can consult their well-stocked educational center to learn all about the platform’s tools as well as successful trading strategies.
Hi Kim, thank you for your comment, yes BDSwiss is operating in Canada under BDS Ltd whish is authorized and regulated by the Financial Services Authority Seychelles under license number SD047. If you have any concerns about the call you received, you can contact us at and share with us some more information and our Team tradefred broker will happily investigate this for you. To receive a more comprehensive response regarding your question, please contact us at to provide and our team will be happy to assist you further. If you require any further clarification please feel free to contact us at and our team will be more than happy to assist you.
Daily Market Analysis, which delivers market coverage 5 days a week, is another fantastic and useful service available in the BDSwiss Research Portal. BDSwiss offers excellent educational material for beginner and intermediate-experience traders, including structured training courses, daily webinars, and frequent live seminars. The choice of financial assets offered by BDSwiss is slightly limited compared to other large international brokers, and more advanced traders looking for particular instruments may be disappointed. However, BDSwiss’ cryptocurrency offering far exceeds that of other brokers. BDSwiss’ mobile trading platforms are good when compared to other brokers.
Trading accounts start at $100 for Classic, $3,000 for VIP, and $5,000 for RAW. The main difference between them is the spread, which starts at 1.5 pips for Classic, 1.1 pips for VIP and 0.3 pips for RAW . Keep in mind the spreads are floating, which means they change according to market conditions. Is regulated by CySEC under License number 199/13, by the British Financial Conduct Authority, and the other branches are also authorised and supervised by strong financial watchdogs such as the U.S. NFA. This gives us extra confidence that we are dealing with a trustworthy broker.
A monthly fee of 10% will be withdrawn from your account balance if no trading activity occurs for more than 90 days. If you’re looking for a MetaTrader alternative, the WebTrader that is completely synchronized with the MT4 downloaded versions may be the way to go. The WebTrader is a proprietary online trading platform that does not require any installations or downloads, allowing you to use your BDSwiss account directly from any browser. BDSwiss provides high-quality product selections that can suit both novices and experienced traders.