Plus500
- Min Deposit $100 or equivalent
- 2,000+ Tradable Assets
- Max Leverage: 30:1 , 300:1 professional clients
- Official Partner Atlético de Madrid
BDSwiss
Min $600
8.8/10 (Expert Score)
Product is rated as #7 in category CFD Brokers This BDSwiss review gives you all the key facts you need to decide if it’s the right platform for your money. Brought to you by Brokerage Compare.
PROS:
- Max Leverage: 500:1
- Deposit Options: Credit/Debit card, Bank transfer, Electronic wallets
- Platforms: Web Trader, Mobile App, MetaTrader 5, MetaTrader 4
- Customer Support: 24/5 chat, email, phone, call back
- Regulated by CySEC, FSC
- Languages Supported: 22
- 1.5M+ registered accounts
CONS:
- Overnight fees
- No 24/7 support
BDSwiss Review
BDSwiss offers trading services both for Forex and CFDs. Founded in 2012, it has since grown to become a world leading expert with over 1.5m customers in 186 countries, 10 offices, an option of more than 250 CFD instruments, competitive pricing and an average monthly trading volume that exceeds $84b.
BDSwiss Fees Review
PROS:
- Access to raw spreads available
CONS:
- Overnight fees
- High inactivity fee
For forex, crypto and commodity pairs, BDSwiss charges variable spreads, whereas for indices and shares the commission fee is fixed. The exact cost in both cases depends on your account type.
BDSwiss also adds overnight charges for positions held after 5pm ET. These are dependent on the product and size of your position.
CFD Fees
| Assets | Swap Short | Swap Long | Average Spreads |
|---|---|---|---|
| USOIL | 33% | -59% | 0.215 |
| XAUEUR | -5 pts | -5.8 pts | 0.94 |
| NAS100 | -4.1706 | -3.2694 | 1.08 |
| BTCEUR | -100.0 | -100.0 | 192.46 |
| Apple | -2.0 | -4.0 | 0.02 |
Forex Fees
| FOREX | Units per Lot | Pip Value per Lot | Swap Short (points) | Swap Long (points) | Average Spreads |
|---|---|---|---|---|---|
| EURGBP | 100000.0 | 10.0 | -0.3 | -4.0 | 0.00016 |
| EURUSD | 100000.0 | 10.0 | 2.0 | -10.0 | 0.00016 |
| GBPUSD | 100000.0 | 10.0 | -0.7 | -6.7 | 0.00020 |
| AUDUSD | 100000.0 | 10.0 | -1.5 | -2.7 | 0.00018 |
Non-trading Fees
| Account Fee | Deposit Fee | Withdrawal Fee | Inactivity Fee |
|---|---|---|---|
| $0 | $0 | €10 fee if withdrawal amount is less than €20 for credit cards and less than €100 for bank transfers. | 10% of the account balance per month after 90 days of inactivity (min €25, max €49,90) |
BDSwiss Deposits & Withdrawals Review
PROS:
- Min deposit $600
- No deposit fee
- Credit/Debit card, Bank transfer, Electronic wallets
CONS:
- €10 withdrawal fee for small amounts
Account Base Currency
BDSwiss electronic wallets only support EUR. However, you can make deposits via bank transfer and credit or debit card in 8 currencies: GBP, USD, EUR, CHF, SEK, DKK, NOK and PLN.
How long will it take for my deposit to show on BDSwiss?
If you make the deposit over an electronic wallet or card, either debit or credit, it’s instant. Bank transfers take 1-4 business days.
When will I have access to my money if I withdraw from BDSwiss?
BDSwiss processes your withdrawal within a day. However, your bank’s processing times and the withdrawal method you use, may delay things.
What is BDSwiss minimum deposit?
BDSwiss minimum deposit is 600 GBP/USD/EUR. There is no maximum.
Can I withdraw any amount?
BDSwiss can’t process withdrawals below 2EUR.
Does BDSwiss charge withdrawal fees?
Yes, there’s a 10EUR fee for withdrawals below 100EUR (if bank transfer) or 20EUR (if any other withdrawal method)
Are there any terms on where I direct any funds I withdraw?
The account holder name must be the same on both the trading account and the deposit/withdrawal method used.
Make your First Deposit with BDSwiss
back to menu ↑BDSwiss Account Types Review
You can easily open a BDSwiss account online, using your email address. Then you get two options: you can either try out the platform using play money with a demo account or you can start trading directly with a live account. Once you’re ready for a live account, you can choose between four options: Classic, VIP, Raw and InvestPLUS.
| Classic | VIP | Raw | InvestPLUS | |
|---|---|---|---|---|
| EURUSD spread | 1.5 | 1.1 | 0.3 | N/A |
| Available CFDs | 250+ | 250+ | 250+ | 1,000+ |
| Commissions (per round lot) | $0 on all pairs, $2 on indices & 0.15% on shares | $0 on all pairs, $0 on indices & 0.15% on shares | $5 on all pairs, $2 on indices & 0.15% on shares | 0.1% per unit |
| Leverage | Up to 1:500 | Up to 1:500 | Up to 1:500 | Up to 1:5 |
| Minimum Deposit | $600 | $3,000 | $5,000 | $5,000 |
Platform Languages
The BDSwiss platform is multilingual with 22 languages: English, Chinese, Arabic, Russian, German, Italian, Spanish, French, Norwegian, Polish, Danish, Czech, Portuguese, Romanian, Turkish, Malay, Korean, Thai, Vietnamese, Filipino, Hindi and Indonesian.
Open a Trading Account with BDSwiss
back to menu ↑BDSwiss Platforms & Assets Review
PROS:
- 250+ tradable assets
- Forex, Crypto, Stocks, Commodities, Indices
- Web Trader, Mobile App, MetaTrader 5, MetaTrader 4
CONS:
- None
| Assets | Total |
|---|---|
| Forex | 51 |
| Indices | 10 |
| Commodities | 7 |
| Crypto | 20 |
| Equities | 134 |
Autochartist
BDSwiss offers all registered users free access to Autochartist. It’s an automated analysis tool that monitors more than 250 CFDs 24/7 and alerts you of trends and key opportunities to reach the forecast price.
Start CFD Trading with BDSwiss
back to menu ↑BDSwiss Customer Service Review
PROS:
- Live chat, email, phone and call back
- Spoken languages: English, German, Italian, Spanish, French, Greek, Portuguese
CONS:
- No 24/7 support
BDSwiss offers good customer service but it’s on weekdays only. You can reach them using live chat, phone, email or call back and they’ve even set up local numbers in 7 countries so you won’t get charged if you’re calling from any of these.
back to menu ↑Is BDSwiss legit?
| Regulator | License | Legal Entity |
|---|---|---|
| Cyprus Securities Exchange Commission (CySEC) | 199/13 | BDSwiss Holding Plc. |
| Financial Services Commission of Mauritius (FSC) | C116016172 | BDS Swiss Markets Global Services Ltd |
Is BDSwiss legit?
- Yes, it is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Commission of Mauritius (FSC).
Is there negative balance protection on BDSwiss?
- Yes, this is included in your agreement and BDSwiss will make the necessary adjustments to protect you from negative balances.
Disclaimer
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.8 % of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Specification: BDSwiss
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Videos: BDSwiss
Photos: BDSwiss
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