Since Switzerland was the inspiration for the method used in the development of the company, its robust foundation is demonstrated by the high-quality environment that the company created. Since then, it has been functioning worldwide, with high-speed internet trading services from established offices in Malaysia, Albania, and Kosovo. If you’re not a US-based or Canada-based trader, or if you don’t mind the modest selection of cryptocurrency, then yes, we recommend you invest your money with BDSwiss. According to the law, the funds’ security, as well as client protection, be delivered in a variety of ways to provide a secure trading environment.

This is an account with virtual money, which imitates the real money trade. In addition, experienced traders can develop new strategies or even try new unknown assets to trade. Justin is an active trader with more than 20-years’ industry experience of working for big banks and hedge funds.

If you are a trader of bigger size and prefer commission basis then Raw Account is your choice. The Raw account offers an interbank spread averaging 0.3 for EURUSD and commission paid per transaction opening which is 5$. An account is labeled Inactive if the client did not place a trade, open or close positions, or made a deposit for a period of at least 90 consecutive days. Such an account will be subject to a monthly charge of 30 Euro or base trading account currency equivalent until the trading account balance is zeroed.

Platform Info

Metatrader 5 being a newer version has gained great popularity and features even more developed tools and comprehensive analysis options, loved either by beginners or professionals. Moreover, there are plenty of strategies to choose from that are useful for every trader, novice, or experienced one either with manual trading or automated trading through EAs. There have been many complaints from users online regarding withdrawals. These users have been upset by the difficulty they faced when attempting to withdraw their funds. Some say that they faced substantial delays when trying to withdraw, some for several months. The users further complain that accounts are still susceptible to inactivity fees during this time, losing money because they are unable to withdraw.

You can deposit on BDSwiss via bank transfers, credit cards Sofortüberweisung, Skrill, EPS, iDEal, giropay, and more. BDSwiss provides high-quality product selections that can suit both novices and experienced traders. When we looked into what makes BDSwiss stand out among competitors, we found many good sides to like about this broker.

This solid foundation has given them the bdswiss forex broker review to attract a wide variety of traders with award-winning trading platforms and a competitive range of trading costs. Spreads across the several account types offered by the broker remain competitive, though they do start at a higher point than some brokers. This starting point on major forex markets is 1.5 pips on an individual account, or 1.1 pips on a VIP account, though this trading is all commission-free. Furthermore, the demo account balance can be reset to $10,000. For the demo account, you need to register and contact your account manager in order to have demo funds added to your accounts. If your trade size is bigger and the one who prefers a commission basis then Raw Account is your choice.

Does BDSwiss allow hedging?

The broker got a high score in the Customer Support section thanks to the quick and professional answers of the support team and a high number of customer support languages. Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. Additionally, the basic and advanced features should suit a range of trading expertise and volumes. As an added bonus, the broker is backed by the famous Swiss expertise and knowledge of the finance world, while still being tied to the European Union. As long as you’re not from the US or one of the other blacklisted countries, we would recommend trading with BDSwiss. We’ve already touched upon this element in our BDSwiss Review 2023, but now let’s look at the jurisdiction and limits in a little more detail.

Most agents don’t charge too much money for this operation. The first sort of charges to look out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you are billed trading charges. In these cases, you are paying a spread, funding rate, or even a commission.

While BDSwiss provides access to popular stocks in 3 account types, including Standard, VIP, and Raw accounts, it has developed a separate StockPlus account where it offers 900+ shares and 80+ ETFs. The broker also provides access to the popular third-party tools Trading Central and Autochartist. Trading Central is a very popular tool among traders which consists of technical insights, projections, and analyst views on various instruments. Autochartist is a market-scanner plugin that monitors 250+ CFDs and alerts traders on high-probability trading opportunities. Please note that your trading experience will differ when you use a demo account compared to a real-money account due to human psychology, as traders find themselves under pressure when real money is at stake. A demo account is an account that allows you to test the broker’s services and your trading skills without risking your money.

The education section at BDSwiss fulfills an essential role at this broker. Overall this category represents the most valuable aspect of BDSwiss. The BDSwiss WebTrader is worth exploring if you’re looking for a MetaTrader alternative. The WebTrader does not require downloading and it is fully synchronised to the downloadable versions of the MT4. There are more than 24 languages available, and overall it’s an easy-to-use, clean platform that you can access quickly and efficiently on any device.

Trade

BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles under license number SD047. With a long history of responsible behaviour and local and international regulation, we consider BDSwiss a safe broker to trade with. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up.

I had few experience with personal managers before, but none of them were as good as Mario is. It’s more than a year since he got assigned to me and I must say I’m really gratefull for that. He helps me in a lot of ways, in terms of improving myself, giving me reasons to motivate myself, even helping me with getting over of some tough situations I had. I’m client of BDSwiss for more than 2 years and I must say he is one of reasons why I will keep loyal to BDSwiss. We were unable to identify your BDSwiss account though your Trustpilot username. We have invited you to share this your BDSwiss account details in order to investigate this further for you.

Trading Tools

New traders will have to click on the “Sign Up” button at the top of the page where they will be directed to register an account. The owner of this website may be compensated to provide opinions on products, services, websites and various other topics. Even though the owner of this website receives compensation for our posts or advertisements, we always give our honest opinions, findings, beliefs, or experiences on those topics or products.

A mix of fundamental and technical analyses are uploaded daily. Mr. Gittler’s analysis is often quoted by major media such as Reuters, CNN and Bloomberg. In terms of deposit and withdrawal, like many good brokers, BDSWISS provides a detailed form with important information about currency, payment method, minimum amount, arrival date, fees, etc. BDSwiss’ market analysis is curated by a team of renowned markets analysts and professional traders that provide 24/5 market news coverage and actionable financial commentary. Recognised by the global industry community, its Research Team is frequently featured in world-leading publications and is viewed as a reliable, one-stop information hub of insightful market analyses. Webinars are free to non-clients and only require signup to participate.

All dealers can put aside all their worries when trading using BDSwiss. BDSwiss also includes excellent trading conditions that are readily available to all and not only an elite class of institutional customers. The tight spreads and fast executions are a fantastic benefit for all traders. The technology adopted by BDSwiss is of the highest caliber, ensuring that it’s fast, dependable, and efficient.

Services Offered by BDSwiss

In this section, we check the broker’s market offering and how varied the instruments and asset classes are. It will allow you to check if they offer what you’re looking for and what you can trade. This is a stop-loss order which puts a limit order instead of a market order when it is triggered. This is a dangerous way to get out of the position and it should be used only by experienced traders. MT5 charts are easy to configure even for novice traders but they also offer enough options for expert traders. Each chart could be displayed as a bar, a candlestick, and a line.

• TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
• Commissions can be fixed or dependent on the traded volume.
• The BDSwiss phone support team was able to successfuly answer our questions and issues via phone.

These are dependent on the actions you undertake on your account. They’re charged for services like depositing cash, not investing for lengthy periods, or withdrawals. MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. Trade execution is always seamless thanks to the inclusion of minimal spreads and first-rate liquidity.

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Perhaps the charts in non candlestick mode, should include 24h sight. Real-Time Trading Alerts via Telegram and Autochartist trading tool. The former is available only to VIP/RAW account holders and the latter is getting more and more popular, with many brokers offering it for free. A new project of the broker is the trading alerts.Receive alarms in real-time on your phone. The past has already shown very good results with a profit share of more than 60%. You can always view the past trades transparently on the homepage.

• Also of note is the company’s excellent research and education offerings which will be outlined below.
• Trading in any type of financial product including forex, CFDs, stocks, and cryptocurrencies involves a high level of risk.
• It is used when the trader needs to establish a position in the fastest possible way.
• This range include all major currencies alongside many minor, and some exotic forex pairs.

Also, there is a very large training center on the website of the broker.There you can watch video tutorials and learn new strategies. There are also daily market updates and multi-language webinars. In summary, the service package from BDSwiss is great and offers a trader everything he needs. Since BDSwiss is a regulated and licensed broker, payouts are handled quickly and conscientiously.From my experience, the company always pays the money of the traders. The additional funding requirement is feared by any private trader because account balances can come into a negative state.

Together with comprehensive education materials provided by Forex Courses, defined by the level of expertise, Webinars, and Seminars. Moreover, the broker offers Daily Webinars, which is an incredible opportunity for all the traders to expand their Forex knowledge. The Proprietary Web trader of BDSwiss is completely based online. An uncluttered and clean view of the interface makes trade easier.

Of course, earning https://forexhero.info/ is also possible in a short time if you want to focus on short-term movements. In cooperation with a price average, uptrend, and support zone, the trade can be successfully be sold and recorded a direct profit after the first few days. The customer support also scored very well in our review.Since BDSwiss is an international broker, more than 10 languages ​​are available. Competent answers are given and questions are answered within seconds. BDSwiss accepts international traders but not from everyone country in the world.