
BDSwiss Review

- Louis Schoeman
Jump to:

Regulation and Safety of Funds

Account Types and Features

Account Registration

Range of Markets

Fees

Deposits and Withdrawals

Education and Research

Affiliate Program

Final Verdict

Pros and Cons

FAQ
Min Deposit
USD 100 / 41459 NGN
Regulators
CySec, FSC, FSA, BaFin, NFA
Trading Desk
MetaTrader 4 , MetaTrader 5
Crypto
Yes
Total Pairs
50 Forex Pairs and 20 Crypto Pairs
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
BDSwiss Review – 22 key points quick overview:
BDSwiss Overview
👉 Overall, BDSwiss is one of the brokers with the best active presence on social media platforms. In addition to offering MetaTrader 4 and 5, BDSwiss offers its innovative, powerful proprietary trading platforms on mobile and internet browsers.
👉 BDSwiss was introduced in Zurich in 2012. The CFD and forex broker is a worldwide supplier with more than 16,000 affiliate accounts and presently trades more than €20 billion in FX each month.
👉 BDSwiss is multi-regulated and even though the broker does not have specific regulation through the Capital Markets Authority (CMA) in Kenya, BDSwiss is an ideal option for traders despite their trading objectives or needs.
👉 A Forex broker, BDSwiss, serves traders from across the globe and provides them with a wide range of options for dealing with the currency market. All the MetaTrader platforms are supported by BDSwiss, as well as its own unique mobile app for trading forex and CFDs on the go.
👉 Order execution statistics are strong with more than 1,000 trading products available. However, the spreads are much more than those of market leader tradable instruments.
👉 This BDSwiss review will provide traders with the details that they need to consider whether the broker is suited towards their unique trading objectives and needs.
Distribution of Traders
👉 The distribution of traders with BDSwiss is as follows:
➡️️ Germany – 16.9%
➡️️ Italy – 10.3%
➡️️ Mexico – 7.2%
➡️️ Malaysia – 5.8%
➡️️ Brazil – 5.1%
Popularity among traders who choose BDSwiss
🥇 While BDSwiss does not have a large market share in Nigeria, it is still a viable option for Nigerian traders, placing it within the Top 100 brokers for the country.
BDSwiss at Glance:
🏛️ Headquartered | Seychelles |
🏛️ Nigerian Based Office | No |
👍 Accepts Nigerian Traders? | Yes |
📅 Year Founded | 2012 |
📱 Nigerian Office Contact Number | None |
⚖️ Regulation | CySEC, FSC, BaFIN, FSA |
🔎 License Number | Cyprus – 199/13 Mauritius – C116016172 Germany – HRB 160749B Seychelles – SD047 |
⚖️ CBN Regulation | None |
✴️ Regional Restrictions | The United States, Belgium, and other OFAC sanctioned regions |
☪️ Islamic Account | Yes |
📈 Demo Account | Yes |
📈 Retail Investor Accounts | 4 |
📊 PAMM Accounts | None |
📊 Liquidity Providers | None indicated |
💸 Affiliate Program | Yes |
📊 Crypto trading offered? | Yes |
🚀 Offers a Nigerian Account? | No |
💻 Dedicated Nigerian Account Manager? | No |
📈 Maximum Leverage | 1:1000 |
📈 Leverage Restrictions for Nigeria? | No |
💳 Minimum Deposit (₦) | 41,000 Nigerian Naira equivalent to $100 |
💳 Nigerian Naira Deposits Allowed? | No, only USD, GBP, EUR |
💰 Active Nigerian Trader Stats | 1.3 million |
Active Nigerian-based BDSwiss customers | 150,000+ |
💰 Nigeria Daily Forex Turnover | $1.25 million+ |
💳 Deposit and Withdrawal Options | Bank wire transfer Debit Cards Credit Cards Skrill Neteller |
💰 Segregated Accounts with Nigerian Banks? | No |
💻 Trading Platforms | MetaTrader 4, MetaTrader 5, BDSwiss Mobile, BDSwiss Web |
💰 Tradable Assets | Forex Commodities Shares Indices Cryptocurrencies |
🌐 Offers USD/NGN currency pair? | No |
🌐 USD/NGN Average Spread | N/A |
📈 Offers Nigerian Stocks and CFDs | No |
👨💼 Languages supported on Website | English, Czech, German, Italian, Spanish, Korean, French, Norwegian, Polish, Danish, Arabic, Malaysian, Thai, Vietnamese, Filipino, Hindi, Indonesian, Chinese, Portuguese, Romanian, Turkish, Russian |
👥 Customer Support Languages | Multilingual |
👥 Customer Service Hours | 24/5 |
👥 Nigerian-based customer support? | No |
💰 Bonuses and Promotions for Nigerians | None |
✴️ Education for Nigerian beginners | Yes |
📊 Proprietary trading software | Yes |
💰 Most Successful Nigerian Trader | Uche Paragon ($20 million net worth) |
✔️ Is BDSwiss a safe broker for Nigerians? | Yes |
✔️ Rating for BDSwiss Nigeria | 9/10 |
✔️ Trust score for BDSwiss Nigeria | 78% |
👉 Open an account | 👉 Open Account |
Regulation and Safety of Funds
The BDSwiss Group includes BDSwiss, which is a renowned financial institution that provides forex and CFD instruments for trading across several asset classes. BDSwiss.com Award-winning conditions, top trading platforms, and low pricing make BDSwiss a well-known brand.
BDSwiss does not occupy an office in Nairobi, Kenya. However, the company does have offices in over ten countries throughout the world. BDSwiss is regulated and authorized by the following:
➡️ The Cyprus Securities and Exchange Commission (CySEC) regulates BDSwiss Holding Ltd. under license number 199/13.
➡️ The Financial Services Commission (FSC) in Mauritius regulates BDS Markets as an investment dealer under license number C116016172.
➡️ Registered with the Federal Financial Supervisory Authority (BaFIN) as HRB 160749B, BDSwiss GmbH.
➡️ Seychelles’ Financial Services Authority (FSA) has licensed and regulated BDS Ltd. under license number SD047.
Min Deposit
USD 100 / 41459 NGN
Regulators
CySec, FSC, FSA, BaFin, NFA
Trading Desk
MetaTrader 4 , MetaTrader 5
Crypto
Yes
Total Pairs
50 Forex Pairs and 20 Crypto Pairs
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
Account Types and Features
More than 250 financial products may be accessed via BDSwiss’ four separate retail investor accounts. The following user accounts are on offer:
➡️ Classic Account
➡️ Premium Account
➡️ VIP Account
➡️ RAW Account
In addition, the BDSwiss official website reports that a Cent Account is provided. However, this account type is still undocumented, indicating that work is still being done on it. To stay up to speed on the Cent Account option from BDSwiss, Kenyan traders can subscribe to the broker’s email newsletters or follow the broker on social media platforms.
Live Trading Accounts
Classic Account
This is a conventional and typical account that is quite popular among typical Kenyan traders.
✔️ Pros | ❌ Cons |
Well-regulated broker with competitive spreads and various social trading opportunities | IC Markets does not hold regulations from the Financial Conduct Authority (FCA) |
Flexible and powerful trading platforms are available for the web, desktop platforms, and mobile devices | United States traders are not accepted |
There are low trading costs involved | Fixed spreads are not offered |
The transaction costs are transparent and cater for various traders despite their financial situation |
Premium Account
This is an upgrade and offers Kenyan traders additional benefits and features as can be seen below.
➡️ Standard Account | • AUD/USD – 1.3 Pips • GBP/USD – 1.6 Pips • EUR/USD – 1 Pip • USD/JPY – 1.2 Pips • XAU/USD – $0.2 • WTI/USD – $0.04 |
➡️ ProZero Account | • AUD/USD – 0.0 Pips • GBP/USD – 0.0 Pips • EUR/USD – 0.0 Pip • USD/JPY – 0.0 Pips • XAU/USD – $0.06 • WTI/USD – $0.034 |
➡️ Bespoke Account | • AUD/USD – 0.0 Pips • GBP/USD – 0.0 Pips • EUR/USD – 0.0 Pip • USD/JPY – 0.0 Pips • XAU/USD – $0.05 • WTI/USD – $0.034 |
VIP Account
This is the Professional account offered by BDSwiss that caters to seasoned traders and investors who need the best possible trading conditions and additional features.
✔️ Pros | ❌ Cons |
Admirals is well-regulated in several regions globally | There is an inactivity fee charged |
Admirals offers commission-free options | Nigerian traders are subject to currency conversion fees |
The broker accepts Nigerian traders despite their trading skills or trading strategies | There are deposit and withdrawal fees charged |
There are user-friendly platforms available across devices | There are admin fees charged on the Islamic account |
There is a wide range of tradable markets, complex instruments, and leveraged products | There is only one account type that can be converted to an Islamic Account |
Admirals offers the MetaTrader Supreme Edition | |
Traders are given access to premium analytics | |
There are several educational materials, resources, and tools offered |
Raw Account
This is an account that offers the tightest spreads for scalpers, day traders, and other fast-paced, high-volume traders.
Account | Commissions charged on trades |
Trade.MT5 | $0.02 per share on individual shares and ETF CFDs |
Invest.MT5 | $0.02 per share on individual shares and ETF CFDs |
Zero.MT5 | • From $1.8 to $3 per standard lot on Forex and Metals • From $0.05 to $3 per standard lot on Cash Indices • $1 per standard lot on Energies |
Trade.MT4 | $0.02 per share on individual shares and ETF CFDs |
Zero.MT4 | • From $1.8 to $3 per standard lot on Forex and Metals • From $0.05 to $3 per standard lot on Cash Indices • $1 per standard lot on Energies |
Demo Account
A demo account is a practice account that offers traders a certain amount of virtual funds that they can use, allowing them to enter the live market without risking their capital.
There is a certain degree of risk involved when trading financial markets and BDSwiss offers its clients a risk-free platform where they can test strategies, practice trading, and explore what the broker offers in a safe trading environment with real market conditions.
Islamic Account
Depending on the trading style and the trading strategy of the forex trader, they may keep their trading positions open for longer than 24 hours on a trading day.
This means that the trader could incur an overnight or rollover fee. This is a type of interest that is prohibited by Riba principles of Sharia law, which means that Muslim traders are often restricted in forex trading.
Muslim traders in Kenya can convert the Classic, Premium, and the VIP account to an Islamic Account, exempting them from paying/receiving overnight fees.
Min Deposit
USD 100 / 41459 NGN
Regulators
CySec, FSC, FSA, BaFin, NFA
Trading Desk
MetaTrader 4 , MetaTrader 5
Crypto
Yes
Total Pairs
50 Forex Pairs and 20 Crypto Pairs
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
Account Registration
Only a few minutes are needed to fill out the application form for BDSwiss. Traders are required to enter basic information and authenticate their email addresses before they may trade.
To complete the Know Your Customer (KYC) procedure, Kenyan traders must provide identification and proof of residence after completing the application. Traders in Kenya access and fund the trading account after the necessary paperwork have been gathered and validated.
BDSwiss Vs Fidelity Vs eToro – Broker Comparison
eToro | BDSwiss | Fidelity | |
📱 Trading Platform | eToro proprietary platform | MetaTrader 4 MetaTrader 5 BDSwiss Mobile BDSwiss Web | Active Trader Pro Fidelity Mobile |
💰 Minimum Deposit | 83,000 NGN ($200) | 41,000 NGN ($100) | 400 NGN ($1) |
📈 Leverage | 1:30 (Retail) 1:400 (Professional) | Up to 1:1000 | 1:1 |
📊 Spread | From 1 pip | From 0.3 pips | None |
💰 Commissions | None | $2 to $5 | $0 to $0.03 |
💳 Margin Call/Stop-Out | None indicated | 50%/20% | None |
✴️ Order Execution | Market/Instant | Instant/Market | None |
💳 No-Deposit Bonus | No | No | No |
📊 Cent Accounts | No | In Progress | No |
⚖️ CBN Regulation | No | No | No |
💰 NGN Deposits | No | No | No |
📊 Nigerian Naira Account | No | No | No |
👥 Customer Service Hours | 24/6 | 24/5 | 24/7 |
📊 Retail Investor Accounts | 1 | 4 | 15 |
☪️ Islamic Account | Yes | Yes | No |
Trading Platforms
BDSwiss offers Nigeria traders a choice between these trading platforms:
➡️ MetaTrader 4
➡️ MetaTrader 5
➡️ BDSwiss Mobile
➡️ BDSwiss Web
Desktop Platforms
➡️ MetaTrader 4
➡️ MetaTrader 5
The MetaTrader 4 and 5 desktop platforms that are offered by BDSwiss offer Nigerian traders:
➡️ A customizable and user-friendly interface
➡️ Newsfeeds that are updated on the trading platform
➡️ Access to pre-programmed analytical tools
➡️ Access to analytical studies
➡️ Multiple comprehensive charting options
➡️ A wide range of timeframes, analytical tools, drawing options, and more
➡️ Expert advisors, and more.
Trading on the BDSwiss MT4 is a pleasurable experience regardless of one’s degree of expertise due to the software’s easy-to-use interface and extensive feature set. MetaTrader 5 is the updated version that provides a much wider range of trading instruments across several global financial markets.
WebTrader Platforms
➡️ MetaTrader 4
➡️ MetaTrader 5
➡️ BDSwiss Web
With the help of BDSwiss’ innovative technology, the MetaTrader MT4 platform has been transformed into a user-friendly trading platform for traders of all skill levels.
To trade in the financial markets, BDSwiss Forex MT4 has everything you need (forex, indices, commodities, and more). All the materials and tools required to study the price dynamics of financial instruments, execute, and amend trades, and design and utilize automated trading algorithms (Expert Advisors) are supplied.
BDSwiss’ MT5 trading platform gives Nigerian traders access to much more functionality than what is featured on MetaTrader 4.
All the pioneering features of MT4 are included in the BDSwiss MT5 platform, but it now includes more sophisticated trading tools and indicators that allow traders to keep more control over their trades and make better choices based on innovative and robust research.
The proprietary BDSwiss WebTrader was created in-house and emphasizes simplicity, speed, and reliability, enabling you to trade from any browser and operating system without installing or running any software.
The WebTrader is loaded with features, including a plethora of trading tools, indicators, automatic trading, and a customizable order window. BDSwiss Web is offered in more than 24 languages and is completely compatible with the BDSwiss App and MetaTrader 4.
Trading App
➡️ MetaTrader 4
➡️ MetaTrader 5
➡️ BDSwiss Mobile
MetaTrader 4’s mobile app offers Nigerian traders unlimited access to a wide range of financial instruments that are offered by BDSwiss. MetaTrader 4 also offers different functions and features that have been optimized for mobile trading from anywhere in the world.
Offering a superior trading experience, the MT5 mobile app enables BDSwiss clients to trade a broader range of CFD instruments across multiple asset classes all from a single platform with customizable settings, no strategy restrictions, low slippage, and ultra-fast order execution.
BDSwiss Mobile has an intuitive interface that enables traders to access, monitor, and manage their trading positions easily while on the move. In addition, Nigerians can make use of the same market monitoring capabilities and trading tools that are accessible on the web-based platform.
Traders have access to the trading account dashboard to make withdrawals and deposits. All assets, including forex, CFDs, and cryptocurrencies, are supported. The BDSwiss proprietary mobile app can be downloaded from the respective app stores for Android and iOS.
Range of Markets
BDSwiss offers Nigerian traders the following range of tradable markets:
➡️ Forex
➡️ Commodities
➡️ Shares
➡️ Indices
➡️ Cryptocurrencies
Broker Comparison for Range of Markets
eToro | BDSwiss | Fidelity | |
➡️️ Forex | Yes | Yes | Yes |
➡️️ Precious Metals | No | Yes | No |
➡️️ ETFs | Yes | No | Yes |
➡️️ CFDs | Yes | Yes | No |
➡️️ Indices | Yes | Yes | No |
➡️️ Stocks | Yes | Yes | Yes |
➡️️ Cryptocurrency | Yes | Yes | No |
➡️️ Options | No | No | Yes |
➡️️ Energies | Yes | Yes | No |
➡️️ Bonds | No | No | Yes |
Min Deposit
USD 100 / 41459 NGN
Regulators
CySec, FSC, FSA, BaFin, NFA
Trading Desk
MetaTrader 4 , MetaTrader 5
Crypto
Yes
Total Pairs
50 Forex Pairs and 20 Crypto Pairs
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
Trading and Non-Trading Fees
Spreads
BDSwiss charges variable spreads, which vary according to the account type, financial instrument, and market circumstances on the trading day. Nigerian investors can anticipate the following typical spreads:
➡️ Classic Account – 1.5 pips EUR/USD
➡️ Premium Account – 1.1 pips EUR/USD
➡️ VIP Account – 1.1 pips EUR/USD
➡️ RAW Account – 0.3 pips EUR/USD
Commissions
Commissions are charged by BDSwiss on specific accounts and financial products to offset broker costs. Traders may anticipate the following commissions, which vary depending on the kind of account:
➡️ Classic Account – $2 on indices and 0.15% on shares
➡️ VIP Account – 0.15% on shares
➡️ RAW Account – $2 on indices, $5 on forex pairs, 0.15% on shares
Overnight Fees, Rollovers, or Swaps
Positions left open overnight are subject to overnight costs, which are typically -0.5 pips on a short swap and -7.0 pips on a long swap, no matter what kind of trading account is being utilized. Other typical overnight Fees include:
➡️ GBP/USD – a short swap of -0.7 and a long swap of -6.7
➡️ USD/JPY – a short swap of -10.8 and a long swap of 0.05
➡️ USD/HKD – a short swap of -8.5 and a long swap of -20.0
➡️ USOIL – a short swap of -23.0 and a long swap of -39.0
➡️ XAU/USD – a short swap of -3.5 and a long swap of -8.2
➡️ XAG/USD – a short swap of -0.05 and a long swap of -0.25
➡️ Stocks – a short swap of -2.0 and a long swap of -4.0
➡️ NAS100 – a short swap of -4.1706 and a long swap of -3.2694
➡️ Cryptocurrencies – short swaps of -100% and long swaps of -100%
Deposit and Withdrawal Fees
BDSwiss does not apply any deposit fees but there is a fee when traders withdraw less than 100 EUR, subject to a fee of 10 EUR per withdrawal that falls below this minimum.
Other Fees
Currency translation costs apply to deposits made by Nigerian traders in any currency other than British pounds, Euros, or US dollars. If an account is idle for more than three months, BDSwiss charges an inactivity fee of 10%.
How to Deposit Funds with BDSwiss
To deposit funds, Kenyan traders can follow these steps:
➡️ Log into the BDSwiss profile and select the account to be funded by selecting “Payments” and then “Deposits.”
➡️ Indicate the amount to deposit.
➡️ Choose a payment method and click on “Proceed to Pay.”
➡️ Confirm the deposit details on the next page and follow any additional steps that could be required by the payment provider.
How to Withdraw Funds with BDSwiss
Traders can obtain the option to withdraw money from the appropriate menu by logging onto their secure client site. If Nigerians want to withdraw money from the trading account, they should be sure it has been validated first.
Nigerians traders must use the same deposit method that was used to fund their accounts to withdraw funds. The trader must then indicate how much money they intend to withdraw and follow any extra instructions.
Traders may submit their withdrawal request after they have finished it, and the appropriate department will take care of it.
BDSwiss Education and Research
BDSwiss offers the following Educational Materials:
➡️ A learning centre
➡️ Forex eBooks
➡️ Live Education
➡️ Forex Basic Lessons
➡️ Forex Glossary
➡️ Educational Videos
➡️ Seminars
BDSwiss offers Nigerian traders the following Research and Trading Tools:
➡️ Daily Analysis on the markets
➡️ Technical Analysis
➡️ Daily Videos
➡️ Weekly Outlook
➡️ Market Insights
➡️ Special Reports
➡️ Analyst financial commentary
➡️ Live Daily Webinars
➡️ Economic Calendar
➡️ VPS Service
➡️ Trade Comparison
➡️ Trend Analysis
➡️ Trading Central
➡️ AutoChartist
➡️ Real-Time Trading Alerts
➡️ Currency Heatmap
➡️ Trading Calculators
How To Minimize Risk While Trading?
1. Use Stop Losses
👉 A stop loss is a trading technique that takes you out of losing trades at a predetermined level in order to limit your losses. Utilize stop losses to ensure a 1:1 risk-reward ratio and above in all your trades in order to limit losses and maximize profits on each trade. For example, if you’re setting your stop loss at 50 pips below your entry point, set your take profit at least 50 pips above your entry point.
👉 A 1:2 risk-reward ratio and above will ensure that you remain profitable even if the majority of your trades are losing trades. Using a 1:2 risk-reward ratio means that you should place your stop loss at 100 pips if you have a profit target of 200 pips and so on.
👉 If you are a more aggressive trader, you can use a 1:3 risk-reward ratio, where you risk 100 pips for a profit target of 300 pips.
2. Use Proper Lot Sizes
👉 Trading using proper lot sizes is crucial to your success as a trader. That’s because the lot size determines the value of each point of the currency pair you are trading. A standard lot typically refers to 100,000 units of the base currency you are trading. Therefore, trading a standard lot of the EURUSD currency pair puts the value of each point at USD 100.
👉 The lot sizes you trade should be proportionate to the amount you are willing to risk on each trade, which is directly related to the size of your account and your risk appetite.
3. Control Your Losses
👉 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.
👉 Remember: losses in forex trading are not linear. A 50% loss would require a 100% gain in order to recover your original trading account level.
4. Use Leverage Carefully
👉 Most forex brokers offer to trade with leverage, and with Exness traders can enjoy up to 1:Unlimited leverage. While trading with leverage is one of the great advantages of trading forex, it can also increase the risk of losses if used incorrectly. Leverage works as a ratio, meaning that if you trade with USD 10 at a leverage of 1:50 your market investment will be USD 500. This means that, if your investment moves in a favourable direction, your profits would be 50x bigger than they would have been without leverage. However, this also means that your losses if the currency moves in an unfavourable direction would be 50x greater as well. Traders are therefore reminded to apply leverage with care.
5. Choose The Time Of Day That You Trade
👉 Most traders tend to ignore the impact of the time of day that they trade. However, traders who are active during periods of less volatility tend to be more profitable than traders who trade during periods of high volatility.
👉 The high volatility periods for different currency pairs vary, but can generally be summarized as the opening hours of the Asian sessions, the London/European sessions, and the New York/American sessions.
👉 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.
6. Buy The Rumor, Sell The News
👉 Many traders like to stay abreast of news that affects the forex market, but this is very hard to do given that it is near-impossible to accurately predict what will happen at any given time across the globe. However, experienced traders typically keep abreast of economic releases from different countries, which generally have an impact on many currency pairs.
👉 In most cases, markets typically discount the news based on investors’ expectations, which means that by the time the news is released, the big moves in the affected currency pairs would have already taken place. Therefore, it is important to make trades related to major news events way before the actual news is released.
All About BDSwiss’ Rebate System
How much rebate can I pay back?
👉 Rebate percentage can be set to be anything between 0% and 100%.
Payment schedule
👉 Rebates are paid daily to the selected referred clients who have closed any trades within the last 24 hours. Daily payments need to be approved by the partner.
👉 Once rebates are set up from your PA, rebates will be automatically calculated for the selected referred clients every time you receive rewards. Total daily rebates will then await your approval in the Approval section of the Rebates tab, or be automatically distributed if you have selected automated approval on rebates for specific referred clients; more information about this is available in the article about how to manage rebates.
Min Deposit
USD 100 / 41459 NGN
Regulators
CySec, FSC, FSA, BaFin, NFA
Trading Desk
MetaTrader 4 , MetaTrader 5
Crypto
Yes
Total Pairs
50 Forex Pairs and 20 Crypto Pairs
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
BDSwiss Affiliate Program
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. One of the advantages of the affiliate program is the opportunity to earn money while promoting BDSwiss’ products and services to the affiliate’s target audience.
Affiliates may use a variety of BDSwiss marketing and tracking tools to help spread the word about BDSwiss. For partners to profit from the affiliate’s influence, they must learn about BDSwiss affiliate commission choices via the affiliate’s program.
The following are the benefits that BDSwiss gives to its affiliates:
➡️ One of the best conversion rates (37%), quick onboarding of referrals, specialized contact centers, and a variety of local and international payment options are all contributing to this success.
➡️ Over 250 CFDs and assets from various asset classes are available as part of our multi-product solutions. Multi-award-winning platforms are also available on a variety of platforms.
➡️ A 100% response rate with response times of 13 seconds or less. Affiliate managers are available, as well as personal account managers for VIP referrals.
➡️ Ad serving, tracking, and management are all essential components of the finest tracking systems.
➡️ In addition, BDSwiss provides independent mobile traffic monitoring, rapid and thorough reporting performance, and other features.
BDSwiss Social Responsibility
As a company, BDSwiss is committed to maintaining a strong sense of social responsibility. Instilling the same philanthropic principles in workers and fostering an organizational culture that supports significant global and local activities focused on producing good change are two of the ways that BDSwiss achieves this.
In December 2021, for the third year in a row, BDSwiss donated €5,000 to the “Elpida” Foundation for Children with Cancer & Leukaemia as part of its CSR activities. Children receiving cancer treatment and their families received financial and psychological support from the hospital because of this generous donation.
In addition, BDSwiss held a blood donation campaign in Limassol on December 10, 2021, as part of its continued commitment to corporate social responsibility. By giving blood and organizing the camp, BDSwiss’ workers, colleagues, friends, and family members were all involved in the effort.
Verdict on BDSwiss
As a multi-regulated broker, BDSwiss offers an excellent selection of instruments to trade across a wide variety of assets. In addition to strong trading platforms, they provide a wealth of instructional resources.
It is easy to switch between accounts based on your requirements, and customer service is quick and kind. In addition, the BDSwiss platforms provide a large choice of stocks and commodities for traders to choose from. Day traders will like the frequent trader seminars and the ease with which they may pick up new skills on the platforms.
BDSwiss Current Popularity Trend
👉 According to Google Trends, BDSwiss has increased in Google searches in Nigeria in the past month.
BDSwiss Pros and Cons
✔️ Pros | ❌ Cons |
BDSwiss is one of the trusted forex brokers with a high trust score that provides client protection | There are high minimum deposits on more premium accounts |
There are commission-free options offered | Fixed spreads are not offered |
There are competitive conditions with tight spreads and low commissions | There are some regional restrictions applied to some countries |
BDSwiss has a large client base spread across the globe | The raw spreads are not the tightest |
There are more than 250 CFDs to trade and several financial assets and classes | BDSwiss does not offer a deposit bonus or any other initiative |
BDSwiss offers a high maximum leverage ratio up to 1:1000 | Does not offer a specific Nigerian client or terminal |
Accepts electronic payments from Skrill, Neteller, and other trusted methods | Currency conversion fees are charged |
Offers a powerful proprietary trading platform along with MetaTrader 4 and 5 | There is an inactivity fee charged on dormant accounts |
There is a massive selection of educational material and trading tools, covering all aspects of trading | Withdrawal fee applied on the bank wire withdrawal option for certain amounts |
Provides advanced charting tools and analytical material | There are no Nigerian Naira deposits allowed and there is no NGN account offered |
Deposit fees are not charged on deposit methods | There is no desktop version of the proprietary trading platform |
Offers a demo account and Islamic Account | |
BDSwiss offers a decent range of payment methods | |
There is a choice between dynamic retail investor accounts |
Frequently Asked Questions
Is BDSwiss regulated and by whom?
Yes, BDSwiss is regulated by CySEC, FSC, BaFIN, and FSA.
Does BDSwiss offer leverage and what is the maximum ratio offered?
Yes, BDSwiss offers maximum leverage up to 1:1000.
Which trading platforms are supported by BDSwiss?
BDSwiss supports the use of these trading platforms:
- MetaTrader 4
- MetaTrader 5
- BDSwiss Mobile
- BDSwiss Web
What is the overall rating for BDSwiss out of 10?
The overall rating for BDSwiss is 9/10.
Is BDSwiss suitable for beginner and professional traders?
Yes, BDSwiss is an ideal broker that can be used by beginner and professional traders.