For new forex traders, finding the right broker is one of the most difficult tasks. They can easily get confused by looking at the large variety of brokerage companies in the world. There are more than 200 certified ones, while a hundred others are operating unlicensed.
Since it is always a good idea to deal with a regulated broker, BDSwiss is a renowned name in this field. If you haven’t heard of it before, here’s a detailed BDSwiss Review to answer all your questions. So, let’s get started!
A Complete BDSwiss Review
- BDSwiss Details and Regulations
The most important factor to discuss in this BDSwiss review is the legitimacy of the broker.
BDSwiss is a brokerage company founded in 2012, situated in Zurich. It is one of the most popular international brokers with over 1.5 million clients globally. However, the broker has headquarters in various countries, including Cyprus, Germany, Albania, Malaysia, etc.
The broker is regulated by different entities, such as CySEC, FSC, and FSA. In addition to that, the broker has several awards that can be seen on its website, like Best Trading App, Best Trading Conditions, etc.
Therefore, you can trade with the broker without any worries. The regulations and awards show how it is trusted worldwide.
- BDSwiss Account Types
Let’s start with the account types, as there are several of them to cover. There are three main trading accounts: Classic, VIP, and Raw.
The Classic account requires a minimum deposit of $100 and has 1.5 pips of spreads. However, there is zero commission, and the leverage is 1:500. You also have the option to convert this into an Islamic account.
Secondly, the VIP account is for experienced traders as it has a $3,000 minimum with 1.1 pips of spreads. As for the Raw account, it has a minimum deposit of $5,000 with 0.0 pips of spreads with a $5 commission.
Last is the InvestPLUS account which starts from $500 and works on a 0.1% commission.
- BDSwiss Trading Instruments
A BDSwiss review without discussing the trading instruments is quite unfair. It allows you to trade with 250+ assets, including Forex currency pairs, cryptocurrencies, and commodities.
- BDSwiss Deposit and Withdrawal Methods
There are various methods available for deposit and withdrawal with BDSwiss. Here are all of them:
- Bank Transfer
- Credit Cards
Due to this wide variety, traders can find convenience dealing with the broker. However, the minimum withdrawal amount is $100, without any additional charges.
- BDSwiss Other Features
Another impressive feature to mention in BDSwiss Review is the educational material. You can learn several courses to understand in-depth about the Forex.
In addition to that, customer support is available 24 hours for five days. You can also communicate through email.
Opening an account with BDSwiss is quite easy. All you need is to enter the necessary information and fund your account to get started.
In this detailed BDSwiss, we have covered all the important aspects of the broker. You can start with a free demo account to understand their workings and conditions.