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BDSwiss – Review 2024, Testimonials & User Ratings

4.4 / 5
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.

BDSwiss is one of the largest European Forex and CFD brokers; it is operated by BDSwiss Holding PLC, registered in Cyprus. The company meets most modern standards and offers quality services for traders of all levels. BDSwiss Holding PLC no longer offer binary options to it’s clients as of 2. July 2018.

1. General information

In 2013, BDSwiss obtained a license from Cyprus's financial regulator, CySec and has the HQ in Cyprus with offices in Germany. Despite the fact that this is a relatively new broker, it must be noted how quickly it gained popularity and sympathy among numerous traders.

Special emphasis is given to live communication with the customers. You can contact BDSwiss Support team via an online chat on their website, by phone or email. Whatever the case, problems are typically resolved within the shortest possible time.

Since its inception, did its best to create a fast, reliable, and multi-functional platform for trading Forex and CFD. It can truly be called a modern broker deserving attention of serious traders.

2. Advantages and disadvantages

Well-known platform - the broker’s platform operates on the basis of SpotOption, a popular product with a simple and intuitive interface solving the problem of exploring the platform.

Multilingual platform - at the moment, the website and customer support are available in 19 languages, the fact that has helped the company gain its popularity so quickly, in pursuit of its target to become one of the leading Forex and CFD brokers in the world.

The broker for everyone - the minimum deposit amount with which you can start trading is $100. Thanks to these conditions, the broker’s platform is suitable for both professional traders and newcomers, who can learn to trade without risking large sums of money.

Wide choice of assets - BDSwiss offers trading in 171 underlying assets from four major categories: stocks, currencies, indexes, and commodities. It is also worth noting that there are six types of option contracts available for trading.

Round-the-clock support - as it was mentioned above, customers can get answers to their questions fairly quickly by using one of the following means of contacting the company: live chat, telephone or email. Support is provided in all languages that are available on the website.

Personal manager - each new client receives a personal manager who is ready to provide support over the phone or by other means.

Regulation - the broker is supervised by Cyprus Securities and Exchange Commission (the “CySEC”, license no. 199/13 and registration no. HE 300153) which ensures the broker’s transparency and reliability.

High payout percentage - when the prediction is correct, the trader may receive up to 85%profit in a single transaction.

Training - major attention has been given to educating the traders. Exclusive webinars are held on a regular basis, in addition to free learning materials, expert support, and other benefits.

Mobile applications - BDSwiss traders can trade worldwide and from any device, using the mobile version of the platform for their smartphones and tablets, which is available for Android and iOS.

Discussion platform - with the help of the Discussion platform you can share your experience and communicate with other traders via the available means of communication.

Useful tools - the platform provides additional tools for profitable trading: an economic calendar, market analytics by professional traders, a blog, etc.

No Windows phone support - the mobile platform is not available for Windows devices at the moment.

3. Trading conditions

Trading conditions provided by the company are suitable for those who do not want to invest large amounts in trading as well as those who are ready to trade with large sums of money. The minimum deposit amount is $100, while the minimum investment amount is $5; trading accounts can be opened in USD, EUR or GBP.

In case of a correct prediction of the price movement, the trader receives 65-85% profit per deal. For most underlying assets, the quotes are generated based on the formula (bid + ask)/2, which is why we advise to check if a third-party signal or indicator service employs a similar pricing principle in case you are using one to improve your trading results.

4. Underlying assets

The broker’s platform provides over 170 assets from four major categories: currency pairs, shares, commodities and indices. Such diversity opens up new horizons for traders, allowing you to try your hand in new markets and make more profit in trading. In the Assets section on the company’s website, you can find the open/close hours for the various available assets.

It is worth mentioning that of the platform also offers more exotic assets, such as USD/ZAR, USD/SGD, USD/RUB, USD/BRL, or USD/TRY providing an opportunity to diversify your trading strategies by participating in less competitive markets.

5. Mobile trading

BDSwiss has paid a lot of attention to mobile apps which allow you to trade from any location which has Internet access. The mobile version of the platform differs from the desktop version only in location and size of the interface elements; otherwise, it offers a virtually identical set of features and operates just as fast. The app is automatically synchronized with the web platform in real time, which means you can use both of them interchangeably with the same BDSwiss account. The mobile platform can be downloaded for free via Google Play or the App Store.

6. Deposits and Withdrawals

You can open an account by clicking the “Create Account” button on the broker’s official homepage. The following information is required to complete the registration process: your first name, last name, telephone number, email, password, your gender, date of birth, country of residence, and the currency in which you are going to make a deposit. After completing the registration you can start trading by funding your account. It is worth mentioning that you can only withdraw money to the same payment system which was used for funding the account. BDSwiss supports the following payment methods: Visa, MasterCard, and Maestro debit/credit cards; Ukash electronic payment system and bank transfers.

In order to prevent money laundering, every new customer is required to verify their identity by providing a scan or a photo of a personal ID (passport, driving license, etc). The minimum withdrawal amount is $10. As a rule, the money is transferred to the beneficiary’s account within 2-8 working days, depending on the transaction method.

The security of transactions is ensured by an electronic SSL certificate (Secure Sockets Layer) which guarantees the safety of your funds as well as the privacy of your transactions.

7. Trader education

The broker has prepared an educational section covering all aspects of Forex and CFD trading, which can be found in the “Education” section of the BDSwiss website. In addition to that, the company’s experts regularly conduct exclusive webinars, release market reviews, and provide other free educational materials. Another way of receiving help with trading is turning to your personal manager or customer support.

8. Should I trade with BDSwiss?

The trading conditions offered by BDSwiss indicate that the broker makes continuous efforts to remain one of the industry leaders. The company is regulated by CySEC, boasts a top-notch, high-speed trading platform with 170+ assets and six types of instruments. BDSwiss offers step-by-step training and is always ready to provide prompt support and solve any issue within the shortest possible time. Since its founding, the broker has managed to prove its competence, establish a reputation, and win top positions in various ratings. You can get acquainted with BDSwiss by opening a free demo-account or starting on a real account with smaller sums of money to get the feeling of the real market.

In the comments section below, you are welcome to share your stories and trading experience with the broker. What do you think of BDSwiss?

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.

Reviews on BDSwiss

Comments about BDSwiss
( 59 )
User rating: 4.5 / 5

Comments: 59

  1. avatar

    Hi can I trade if I am based in Spain?

    • avatar
      Thomas / BOTT

      Hello Alejandro! Yes, BDSwiss accepts traders from Spain. Please click on the language switch in the top right corner of the official website, and choose the appropriate language – it will take you to the localized website.

    • avatar

      I’m from Albania. Can I trade with BDSwiss

    • avatar
      Jimmy loof

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  2. avatar

    I’m thinking about trying BDSwiss, but still hesitating. Does anyone have experience in live trading with them? Thanks!

  3. avatar

    After seeing their TV ad decided to give it a try, so far everything is going well. I am comparing the quotes with Bloomberg and Reuters, they match 99% of the time, so more or less reliable.

  4. avatar

    Still skeptical, how can a platform with Forex, CFD, and Binary be all on teh same platform and still all of them be equally good?

    • avatar

      those are two separate platforms, they use MT4 for forex and their own in-house platform for binary trading.

  5. avatar

    how long does it take to withdraw money to Skrill?

  6. avatar

    should I choose forex or binary options, it says on the broker wbesite that the latter is better for beginners, is that so?

    • avatar

      Forex is more complex, you need to fully understand margin requirements, spreads, swaps, etc

    • avatar

      go for forex, you’ll have more flexibility, and MT4 is a more mature platform

  7. avatar

    ladder options wtf?! 😀

    • avatar

      Read the review above, it’s all there, I think they added a new section

  8. avatar

    …Deposited 300$ three days ago now there is only 250$ left, lost fifty bucks as a result of 14 trades, won some and lost the others, overall the platform is convenient to use and I havent noticed price realignments or sudden unexplained changes. I will continue polishing my trading strategy

  9. avatar

    what do you people think is the optimal sum for each single trade if I am planning to start with 400 euros??

    • avatar

      At most 5% of your deposit per trade, not more, I would say

      • avatar

        5 percent?! are you serious?!? with this kind of strategy you are sure to exhaust your funds very quickly. 1% is closer to optimum, especially if you’re trading currencies.

  10. avatar
    Nick B.

    Do BD Swiss offer a demo account?

    • avatar
      Thomas / BOTT

      Hello Nick, at the moment BDSwiss does not offer demo accounts – in order to trade, you will need to create an account (free of charge), pass the identity verification process (required by the regulator) and fund your account (minimum first deposit is $100).

  11. avatar

    I’ve seen Banc de Binary some time ago, is this the same broker or is it a new entity?

    • avatar
      Thomas / BOTT

      Hi Skafte, Banc de Binary is a separate company, not affiliated with BDSwiss in any way. BDSwiss was founded as Banc de Swiss and rebranded shortly after, though, so you might have heard of us as Banc de Swiss.

  12. avatar

    God damn it! I LOST one hundred dollarsd on this stupid thing!! How can they call themselves broker if people like me are losing money!!!!

    • avatar

      it’s a good time to rethink your trading strategy 😉 financial markets do not owe you anything, you can earn a profit if you’re among the 50% who are better than the others. it’s unproductive to blame the tool for your own lack of competence

  13. avatar
    sensei gochi

    is there a withdrawal limit for electronic payment systems?

  14. avatar

    Can I open a second account on the same name? Will they let me trade on two accounts simultaneously…

    • avatar

      Why would you need to do that?

  15. avatar

    I have the following situation: a month ago I made a deposit from a Mastercard; by now it has expired, will I be allowed to withdraw to a different card?

    • avatar

      same question here

    • avatar
      Thomas / BOTT

      Hi Erik, sure, just contact your personal account manager and explain the situation. You can also use the live chat or call us on the phone.

  16. avatar

    really like the design of the trading platform

  17. avatar

    I used to trade forex for several years on FXPro and Ducascopy, could earn some profits but definitely not enough to sustain myself. Are binary options any different? As far as I can see there is no margin, which is good, but it’s still quite risky. Does someone here have long experience with binary options and if yes, are you able to have stable profits? Thank you!

  18. avatar
    Happy Martin

    ..chatted with support, friendly guys

  19. avatar

    from your experience, is the welcome bonus worth it? If yes, how do I get it, when I registered an account nobody offered me anything..

    • avatar
      Thomas / BOTT

      Hi Kim, please note that the welcome bonus is offered as a means of increasing the trading amount and thus reaching higher deal outcomes, and not as “free money” – there are certain requirements a trader must meet in order to be able to withdraw the bonus amount, they are available on our official website. Regarding your question – every trader is eligible for a welcome bonus of 50%, if for some reason you were not offered it during the registration process and you still want to use it, please contact your manager or any other BDSwiss support specialist, they will be glad to assist.

      • avatar

        Thank you for a quick reply Thomas! Will bear that in mind

    • avatar

      Wouldn’t recommend, it will just make you less careful. I’d advise to trade using your own money, this way you’ll stay more focused.

  20. avatar

    Hi can I trade if I am based in Brazil?

    • avatar

      Yes you can.

  21. avatar
    Md. Humayun Khaled

    Hi i am from Dhaka, Bangladesh,besides of India (Asia Region) . Can I trade from my country. I want to trade with BDswiss.

  22. avatar
    Vivek sharma

    Do u have automated robot trading platform

  23. avatar

    I am Asian living in Hong King, can I open account with DBSwiss ?
    And I want the account be liqid for quick withdrawal that I don’t need bonus, can I setup that ?

    • avatar
      Lisa Michelle

      I can help you out text me back


  24. avatar
    Juan Patricio Cañas

    Hola, soy de CHILE, puedo operar,verdad. Cuanto es el máximo por cada operación.

  25. avatar

    I have traded with BD SWISS for 6 months . I received excellent customer service from my account manager. I would like to see visa debit permitted from my country. It is great that I can trade Forex as well as Binary. I give them a 9 out of 10.

  26. avatar

    Opened an account with BDswiss and began trading Binary options. Deposit was quick and efficient along with uploading paper work through to verify account. (Similar to most brokers you can’t withdrawal until docs have been uploaded). Good account management service as well.
    A problem arose however during a withdrawal. Because I wanted to withdrawal a small amount of £100 they had to charge me a 20% withdrawal fee as it’s below the minimum amount as stated in the T&C’s. Checked the lengthy T&C’s and it to my amazement they had indeed stated a 20% fee will be applied. Decided to move on to another broker.

  27. avatar
    Stella chibudo

    Am new here, and am from nigeria csn its be prosible to join bdswiss

  28. avatar

    Hello everyone,
    I want to trade with bdswiss i sent in my documents for verification but its taking ages almost a week now is it possible for someone to trade before the verification??

  29. avatar

    Does Bdswissoption require you to upgrade to Premium?
    Because I deposited $200, and I have to deposit $300 worth of premium upgrade to withdraw my final profit.

  30. avatar

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  33. avatar
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  34. avatar

    I invested over $250k trading online and all access to make withdrawals of my funds was denied, I got in contact with the customers support but didn’t get a reasonable response from them, all my funds including my profit was stuck on the platform. I was so sad being frustrated over things, until I was advised to contact gavin ray a well known recovery specialist by a friend of mine who has also encounter withdraw issues solved by Gavin , I texted him and presented all legal documents and following all procedures he instructed and he successfully initiated the withdrawal confirming the payment into my bank account, i recommend his services to anyone you can contact him on email gavinray78 gmail com or WhatsApp ‪+‪1 (352) 322‑2096‬.


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  36. avatar

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  38. avatar
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  39. avatar

    You can deposit money and trade but When you want to make withdrawal of your funds they seem to reject it, Which means you can accumulate ur asset on their page , After asking for a withdrawal, I sent another email, but I got no response. When I contacted Gavin ray a recovery specialist for assistance, he looked into the matter and made the necessary arrangements, so I had to take the proper steps in order to receive my money back. He gave me a full refund of the money that was held on the platform via his mail [email protected] or WhatsApp +13523222096 ,It was a negative encounter with the platform


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