BDSwiss review and ratings

Established 2012
Location Mauritius Mwali Seychelles
Regulation FSC, MISA, SFSA, FSCA
Offices Mahe, Fomboni, Ebene
Broker type MM | STP
Leverage up to 1:2000
Deposit from 10 USD
Spreads mid  mid
Platforms Web MetaTrader 4 MetaTrader 5
Instruments Currencies Crypto Indices Metals Energies Stocks
Funding methods Wire Transfer Credit Cards Skrill Neteller Bitcoin Bitсoin Cash Ethereum Liteсoin Dash Ripple Tether AstroPay

Company information

BDSwiss group includes 3 related companies.

BDSwiss MU - located in Mauritius, regulated by the Financial Services Commission (FSC).
BDSwiss MW - located in Mwali, regulated by the Mwali International Services Authority (MISA).
BDSwiss SEY - located in the Seychelles, regulated by the Seychelles Financial Services Authority (SFSA).

BDSwiss is also registered and licensed in South Africa by the Financial Sector Conduct Authority (FSCA).

Availability

BDSwiss group accepts clients from all over the world, excluding USA, UK, EU, Congo, Eritrea, Iran, Japan, South Korea, North Korea, Libya, Mauritius, Myanmar, Seychelles, Somalia, Sudan, Syria and some other countries.

Distinctive features

Trading instruments

Forex broker offers the following underlying assets for trading.

70+ Currency Pairs Based on major and minor world currencies.
25+ Crypto Pairs Based on Cardano, Axie Infinity, Bitcoin, Dash, Dogecoin, Polkadot, EOS, Ethereum, GALA, IOTA, Litecoin, Neo, OmiseGO, Qtum, Solana, Tron, Stellar, Monero, Ripple, Zcash.
12 Indice CFDs Based on baskets of different blue-chip stocks.
4 Metal CFDs Based on Gold, Silver and Palladium.
3 Energy CFDs Based on Crude Oil (WTI, Brent) and Natural Gas.
100+ Stock CFDs Based on shares of US, UK and EU companies.

Comprehensive review

BDSwiss is a large forex & CFD broker registered offshore in Mauritius, Mwali and the Seychelles, in addition to an entity registered and licensed in South Africa.

BDSwiss used to also have a branch registered in the EU, but unfortunately this is no longer the case. As a result, BDSwiss does not accept clients from any EU countries and the UK.

For traders from accepted countries and regions, BDSwiss offers quite high leverage of up to 1:400 and even up to 1:2,000 in certain cases, which is significantly more than the average leverage that many other international forex brokers offer.

In terms of instruments available for trading, BDSwiss has most assets covered. This includes nearly all of the commonly traded major and minor forex pairs, a large selection of more than 20 cryptocurrency CFDs, a handful of major stock indices, as well as various commodity CFDs. In addition, the broker offers stock CFD trading in more than 100 companies from the UK, US, and Europe.

What is missing, however, are bonds and exchange traded funds (ETFs), which were not offered by the broker at the time of writing.

When it comes to trading platforms, BDSwiss offers its own proprietary web platform which features the popular TradingView charts and an otherwise very well-designed and intuitive user interface. Another nice feature of the BDSwiss web platform is that it is fully synchronized with the downloadable desktop platform MetaTrader 4 (MT4), making it possible to switch between the two platforms at any time.

The broker also offers the classic MT4 and MT5 platforms by themselves for those who prefer them. These platforms are ideal for traders who want access to even more advanced analysis tools, indicators and strategies, or for those who code their own trading algorithms, known on the platforms as Expert Advisors.

BDSwiss lets users choose between three account types when signing up with the broker: a Classic account, a Zero-Spread account, a Cent account, and a VIP Account.

The minimum deposit amount for the Classic and Cent accounts is just USD/EUR/GBP 10, with spreads starting from 1.3 pips for the Classic account and 1.6 pips for the Cent account. At the same time, both the Zero-Spread and the VIP accounts should be within reach for most traders, with minimum deposits of just USD/EUR/GBP 100 and 250, respectively.

As always, demo accounts are offered for free to traders who would like to practice with virtual money before risking their own hard-earned money.

All trading accounts with BDSwiss can be funded with the popular e-wallets Neteller, Skrill and AstroPay, or with crypto, bank wire transfers or major credit cards. Deposits and withdrawals made via credit card are processed free of charge by the broker, which we certainly appreciate. For other payment methods, a processing fee applies to small transfers only.

Trading accounts can be opened in either euros, US dollars, or British pounds.

Another thing we like about BDSwiss is that they seem to take customer service seriously. The broker offers email and live chat support in multiple languages 24 hours a day on trading days. Unfortunately, however, no direct phone number to the broker has been provided.

All in all, we are of the opinion that BDSwiss has one of the better offerings out there, especially when it comes to its customer service. Offering 24-hour customer service in multiple languages is simply impressive, and is something we very much appreciate. We also like the broker's own web-based trading platform with its very elegant and minimalistic user interface, which should be easy enough for anyone to learn in a short time.

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