Bd Swiss Forex Trading Platform Review

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BDSwiss Review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Your capital is at risk. T&Cs Apply.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This content is intended for information and educational purposes only and should not be considered investment advice or investment recommendation.

The BDSwiss brand caters to over 1.6 million registered forex and CFD traders, and offers the full MetaTrader platform suite alongside its own proprietary mobile app. BDSwiss demonstrates good order execution statistics and provides access to over 1,000 tradable symbols – though its spreads are higher than industry leaders.

BDSwiss pros & cons


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Pros

  • Produces quality research.
  • Daily Videos market coverage series is created in-house.
  • MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are available.
  • Acts as agency broker, demonstrating balanced slippage with no requotes or order rejections.
  • Offers Autochartist and proprietary Trends Analysis.
  • Trading signals and real-time alerts are available via the BDSwiss Telegram channel.
  • VIP account grants lower spreads (though it requires a $3,000 deposit).
  • VIP clients also gain access to the Premium version of the Trend Analysis with 500 trend patterns.


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Cons

  • Commission-based Raw account has lower spreads – but charges $5 per standard lot.
  • Though it does complement the full MetaTrader suite, BDSwiss’ proprietary mobile app is pretty basic.
  • Beginner’s educational content lacks a progress-tracking feature.
  • Spread of 1.5 pips on EUR/USD for its Classic account is expensive, despite good execution statistics.
  • Does not permit scalping.
  • The FCA recently directed the broker to stop offering CFDs to U.K. clients after marketing practices drew regulatory scrutiny.
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Overall summary

Feature BDSwiss
Overall 4 Stars
Trust Score 83
Offering of Investments 4 Stars
Commissions & Fees 4 Stars
Platforms & Tools 4 Stars
Research 4 Stars
Mobile Trading Apps 4 Stars
Education 4 Stars

Is BDSwiss safe?

BDSwiss is considered average-risk, with an overall Trust Score of 83 out of 99.
BDSwiss is not publicly traded and does not operate a bank. BDSwiss is authorized by one tier-2 regulator (average trust) and one tier-3 regulator (low trust).

Regulations comparison

Feature BDSwiss
Year Founded 2012
Publicly Traded (Listed) No
Bank No
Tier-1 Licenses 2
Tier-2 Licenses 1
Tier-3 Licenses 1
Trust Score 83

Gallery

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2022 Review Methodology

For our 2022 Forex Broker Review we assessed, rated, and ranked 39 international forex brokers over a three-month time period resulting in over 50,000 words of published research.

Each broker was graded on 113 different variables, including our proprietary Trust Score algorithm. This innovative scoring system ranks the level of trustworthiness for each broker based on factors such as licenses, regulation and corporate structure. Read about Trust Score here.

As part of our annual review process, all brokers had the opportunity to provide updates and key milestones and complete an in-depth data profile, which we hand-checked for accuracy.

Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. Learn more about how we test.

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.Read more on forex trading risks.

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About the Author

Steven Hatzakis


Steven Hatzakis

Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. Steven is an active fintech and crypto industry researcher and advises blockchain companies at the board level. Over the past 20 years, Steven has held numerous positions within the international forex markets, from writing to consulting to serving as a registered commodity futures representative.




Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 01/10/2022 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the “Contact” link at the bottom of this page.

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Bd Swiss Forex Trading Platform Review

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