BDSwiss review

Regulated by

Seychelles FSA (SD047); Mauritius FSC (C116016172)

Regulator tier

Tier 3

Register entry

Seychelles FSA Securities Dealer register, licence SD047

Client money segregated

Yes

Held at

Regulated banking institutions

Negative balance protection

Yes

Compensation scheme

No statutory investor compensation scheme

Audited by

Independent external auditors

Not available to

Canada, Democratic Republic of Congo, Eritrea, India, Indonesia, Iran, Japan, North Korea, Libya, Malaysia, Mauritius, Myanmar, Pakistan, Philippines, Russia, Seychelles, Somalia, South Africa, Sudan, Syria, Thailand, United States, United Kingdom, Vietnam and European Union countries, plus other restricted jurisdictions

A licence is the first thing a fake broker cannot produce, so it is the first thing to check.

BDSwiss's licence is offshore (FSC and FSA). Offshore entities typically offer higher leverage and lighter reporting, and compensation schemes do not apply - the trade-off is protection, not price.

An FSC licence (Mauritius or Belize, depending on the entity) is an offshore authorisation with lighter reporting duties than a tier-one regulator.

An FSA licence here is usually the Seychelles authorisation - an offshore entity, with lighter obligations than a tier-one regulator.

Check the licence yourself: the Seychelles FSA list of regulated entities, the Mauritius FSC register of licensees.

Legal entity

BDS Ltd

Company number

8424660-1

Headquarters

Limassol, Cyprus

Founded

2012

Publicly listed

No

Parent company

BDSwiss Group

Employees

200+

Also trades as

BDSwiss; BDS Markets

Deposit methods

Visa, Mastercard, bank transfer, Skrill, Neteller, cryptocurrency and regional payment methods

Withdrawal methods

Cards, bank transfer, Skrill, Neteller, cryptocurrency and supported regional methods

Deposit time

Instant for most electronic methods; bank transfer typically 2-5 business days

Withdrawal time

Usually processed same day or next business day; arrival depends on payment method

Minimum withdrawal

$2 equivalent for most methods; higher minimums apply to bank wire

Local payment methods

Multiple country-specific bank transfer, e-wallet and payment methods

Spread from

0.0 pips

EUR/USD spread

Approx. 0.3 pips, Zero

GBP/USD spread

Approx. 0.5 pips, Zero

Commission

Approx. $3 per side / $6 round turn, Zero

All-in cost, EUR/USD

Approx. 0.9 pips

Spread type

Variable

Overnight swap

Both: overnight swaps apply; swap-free option available

Inactivity fee

10% of account balance per month after 90 days inactivity, minimum €25 and maximum €49.90

Deposit fee

None generally; payment-provider/bank charges may apply

Withdrawal fee

Generally none; €10 fee can apply to small withdrawals

Currency conversion

Currency conversion at applicable exchange rate

Costs matter less than whether you can withdraw, but an offer that looks impossible usually is.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

BDSwiss lists a minimum deposit of $10. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Minimum deposit

$10

Account types

Classic, VIP, Zero, Cent, Islamic/Swap-Free, Demo

Account currencies

USD, EUR, GBP

Islamic account

Yes

Demo account

Yes

Professional account

Yes

Minimum trade size

0.01 lots

Time to open

Typically a few minutes

Markets

Forex, Shares, Indices, Commodities, Metals, Cryptocurrencies, ETFs

Currency pairs

50+

Total instruments

1,000+

Crypto CFDs

Yes

Maximum leverage

1:2000

Execution model

Hybrid STP / market maker

Execution speed

Approx. 100ms

Order types

Market, limit, stop, stop-loss, take-profit, trailing stop

Servers

Global financial data-centre infrastructure

Leverage up to 1:2000 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.

BDSwiss covers forex, shares, indices, commodities, metals, cryptocurrencies, etfs. A wider range matters less than depth in the instruments you actually trade.

Funding options: visa, mastercard, bank transfer, skrill, neteller, cryptocurrency and regional payment methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Platforms

MetaTrader 4, MetaTrader 5, BDSwiss WebTrader, BDSwiss App

Own platform

Yes, BDSwiss WebTrader

Mobile app

Both proprietary and third-party

Browser trading

Yes

Automated trading

Yes; MT4/MT5 Expert Advisors and automated trading

Copy trading

Yes

Indicators

30+ MT4; 38 MT5; additional indicators on proprietary platforms

Third-party tools

Autochartist, Trading Central, VPS

API access

No public retail API

MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.

MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.

Support hours

24/5

Contact channels

Live chat, email, contact form

Languages

20+ languages

Telephone

+44 203 670 5890

Email

support@bdswiss.com

Live chat response

Typically under 2 minutes

Education

Extensive: Trading Academy, webinars, seminars, videos, courses, tutorials and educational articles

Research

Extensive: daily market analysis, Trading Central, Autochartist, technical/fundamental analysis and trading alerts