BDSwiss Review 2022 Is it safe for South African Traders?

30th April 2019

ForexBrokers.co.za is a broker comparison & education website for South Africans. We aim to help traders in South Africa find the best forex brokers. They are a reputed CFD broker that allows trading on a wide range of CFD trading instruments including 51 currency pairs & 200+ other CFDs on shares, commodities and indices. 1000+ Instruments including stocks and ETFs are offered on their platform. Hi Tom, usually, a withdrawal request is processed by BDSwiss within 24 hours given that all the necessary documentation is provided and approved by our team.

bdswiss forex broker review

Alternatively you can always contact our support team directly for further assistance. HI, I came across a company called Forex Mania, it says it offers bdswiss forex broker review copy trading via BDswiss broker. Traders at BDSwiss.com only can withdraw profits if they can deposit and withdraw via bank wire with IBAN number.

BDSwiss Withdrawal

Therefore, it is important to make trades related to major news events way before the actual news is released. 👉 Experienced traders who are trading European currency pairs, such as EURUSD and GBPUSD, typically trade during off hours from 7PM to 11AM GMT. However, this data applies to range of traders who trade following the existing trends but might differ for traders using other trading strategies, such as scalping. 👉 You should only risk 2% or less of your trading account on each trade. This will ensure that you can survive any losing streak while minimizing the drawdown on your trading account. The WebTrader is loaded with features, including a plethora of trading tools, indicators, automatic trading, and a customizable order window.

Users can register for an account, deposit, withdraw, upload their KYC and of course place their trades anytime, anywhere. What is more, BDSwiss is ultra transparent when it comes to spread widening during highly volatile markets. The broker diligently gives traders a heads up before extremely volatile markets and does not manipulate spreads which leads to less spread widening, keeping trading costs ultra-low. For traders, spread widening can cause unexpected margin calls, which is why it is essential to trade with a broker with established liquidity providers like banks and other large institutionallenders. BDSwiss’ top-tier liquidity providers ensure more competitive spreads that do not fluctuate wildly. Essentially, lower spreads that do not widen too much in times of high volatility can help significantly reduce trading costs which translates to bigger profits and fewer losses.

bdswiss forex broker review

You must understand that Forex trading, while potentially profitable, can make you lose your money. CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors. BDSwiss brokers platform works https://forex-review.net/ with different kinds of payment service providers which makes it applicable to cover a wide range of different deposit methods around multiple countries. BDSwiss offers versions of both Metatrader4 and MetaTrader5 suited to various devices including PC, Mac, App, or Web platforms that require no installations.

BDSwiss Demo Account

BDSwiss platform arranges withdrawal options with a good range of supported payment methods. Also, the BDSwiss team being a holding serves entities in Cyprus, Germany, and other offices where it is all authorized to deliver trading opportunities. Holding customers for every client account, traders of any skill level or degree of expertise can gain easy access to asset classes and tools, all of which are designed to deliver a superior trading experience.

The broker relies on Swiss expertise in finance and provides an opportunity to engage in trading to almost any resident, due to their regulation by the EU authority and other additional registrations. Proprietary BDSwiss WebTrader is fully based online, so you don’t need any downloads or installation and may access trading right from your browser. The platform has a clean view and quite comprehensive and powerful analysis features including technical analysis and risk management tools. So even by the use of WebTrader you can make full out of trading.

bdswiss forex broker review

Traders need to understand and remember that CFDs are leveraged, complex products that may be accompanied by the risk of incurring losses that may exceed the initial deposit of the trader. Traders need to ensure that they understand their risk exposure and determine whether the risk involved is suited to them before making trading decisions that could result in loss of capital. Please contact us directly at for more information regarding the spreads of your account and our Team will be able to assist you further. Country like USA, Australia, Canada, India, Russia, China, New Zealand and many more ………….

Prompt to Time (Very time conscious)

It is a fact that you are always protected as long as the broker is regulated by the regulations. Since the approach of the company establishment comes from Switzerland, its strong basis confirmed by the great environment company built. And ever since providing online trading services as a worldwide operating group with its headquarters in Limassol – Cyprus and established offices in Berlin – Germany, Kuala Lumpur – Malaysia, Tirana – Albania, Pristina – Kosovo. Funding and withdrawals has been very easy to perform although there is still goo many days to receive the deposit to my card account.

  • The software solution offered by the BDSwiss mainstays at the popular choice of MetaTrader4 platform, that provides a comprehensive trading feature and vast of solutions.
  • He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.
  • All live trading accounts can make use of FXCM Plus feature after their successful registration.
  • The Raw account consists of adequately priced spreads, and a fixed commission of $5 per traded lot on all currency and gold pairs.

FTSE Spread1 ptEUR/GBP Spread1.4 pipsStocks SpreadFrom 1 ptOil Spread0.8 pips74-89% of retail CFD accounts lose money. GBP/USD Spread1.7 pipsEUR/GBP Spread1.3 pipsEUR/USD Spread1.1 pipsAssets50+74-89% of retail CFD accounts lose money. Take advantage of low trading costs with no transaction fees or currency exchange rates. Affiliates of the BDSwiss network could include anybody who has a large online presence, such as a blog, social media account, instructional Forex center, or any other digital media.

BDSwiss Review

Thus, users can reach them via the means mentioned above or directly visit their nearest office. For general inquiries and account related inquiries, users can send an email to and , respectively. BDSwiss’ team of renowned market analysts and professional traders work round the clock to provide up to the minute market news coverage and actionable financial commentary in multiple languages. BDSwiss research is made available daily while weekly, quarterly and yearly overviews and outlooks are also accessible for free. From the world-leading MT4 to its user-friendly native apps BDSwiss has a truly versatile platformoffering that caters for both advanced and beginner traders.

To assist you with this query further we would like to kindly invite you contact us directly at and our Team will happily provide you with more details. 18.2.7 Withdrawals should be made using the same method used by the Client to fund his trading account and to the same remitter. Should you require any further assistance or clarification please contact us at , our team is always at your disposal. If you require any further clarification you can contact our Support Team at or alternatively via live chat directly from our webpage. The leading Forex and CFD investment services institution, BDSwiss, has announced about its official DP World Tour Championship sponsorship in collaboration with the European Tour. The sponsorship will afford BDSwiss strong brand exposure and excellent business-to-business opportunities through access to the tournament’s Pro-Am competition and suite of hospitality services.

No, BDSwiss customer accounts are not insured by either CySEC or the FSC. However, BDSwiss Holding LTD Apostolou Andrea Street 11, Hyper Tower, 5th Floor, 4007 Mesa Yeitonia, Limassol, Cyprus is a member of the Investor Compensation Fund, which is an independent self-regulatory body for the industry. Should a client encounter a problem with BDSwiss that requires mediation, the Financial Commission will oversee the subsequent proceedings. If a judgment is made in the client’s favor, a client is eligible for compensation of up to EUR 20,000.

Currently, BDSwiss offers three main account types which are Classic, Vip, and Raw, catering to the needs of different Forex traders through lower costs according to trade sizes and advanced services once size increases. While Classic and Vip accounts are based on a spread-only model, the Raw account features interbank spreads and commission charges per lot. BDSwiss offers three account types which are Classic, Vip and Raw, created to cater to the needs of different Forex traders through lower costs according to trading sizes and advanced services once size increase. While Classic and Vip account are based on spread only model, Raw account features interbank spreads and commission charge per lot. BDSwiss is a European forex broker that offers multiple types of trading accounts.

The available versions suited to various devices and including PC, Mac, Applications or Web platform that requires no installations. Moreover, there are plenty of strategies to choose from, that are useful for every trader, novice or experienced one. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research and detailed forex guides, and we monitor dozens of international regulator agencies .

I applied in the morning, after a couple of hours the money was already in my account. I am very pleased with the result, I hope that everything will be fine in the future. The DailyForex.com team is comprised of analysts and researchers from around the world who watch the market throughout the day to provide you with unique perspectives and helpful analysis that can help improve your Forex trading. The most notable feature we discovered during this BDSwiss review is the advertised trade execution which is certainly worthy of a mention. With zero requotes and 73.40% of zero or positive slippage, on paper, the statistics suggest an excellent execution environment. Also of note is the company’s excellent research and education offerings which will be outlined below.

Thanks for sharing your BDSwiss Experience with the FPA Community. If you require any assistance with your BDSwiss Account, our Team is always at your disposal at Of course, BDSwiss developed its Mobile App as well, which actually is highly rewarded by traders and publications as well.

Retail investor accounts lose money when trading CFDs due to leverage. We recommend they consult financial experts or financial services for expert advice on Forex and CFDs trading. Besides traditional bank wires and credit/debit cards, supported payment processors include Skrill, Neteller, PayPay, giropay, Sofort, eps, iDeal, and dotpay.

A BDSwiss First Deposit Bonus is made available on the BDSwiss Premium Account. A minimum deposit of $100USD must be made for the 30% Deposit to be received. The BDSwiss signup bonus is structured as a +30% bonus program with a minimum deposit required of $100 USD. 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. To be able to assist you further with your inquiry we would would like to invite you to contact us at where our Team will be able to provide you with more information which is specific to your account and personal requirements.

Brokers with ultra-fast execution speeds like BDSwiss can guarantee near-instant order placements which diminishes the possibility of negative slippage and reduces the risk of traders having to suffer greater trading costs. Once you feel confident enough to start trading, you can fund your Live Account by depositing. BDSwiss offers a clean, easy-to-navigate web and mobile dashboard and advanced encryption tools that make your transactions very secure. Just select your live account and enter your preferred deposit amount. Traders can obtain the option to withdraw money from the appropriate menu by logging onto their secure client site.

speak Your Mind