Jamie Clark was Sports Editor of Coral bookmakers between 2014 and 2017 during their merger with Ladbrokes and a key period for the British betting industry. Working as a bookie’s runner on the point to point circuit in the Midlands and at Market Rasen Racecourse where his late godfather had a trackside pitch growing up, he has had ties to horse racing all of his life. While his main project with us is horsebetting.com, Jamie occasionally brings you his take on major news stories from the racing world and those all-important betting tips at betting.co.uk.
Review of BDSwiss UK 2021
Is BDSwiss Safe & Legit?
This review of BDSwiss will provide you with everything you need to know about the broker features available to traders, in particular, provide BDSwiss Review UK and is BDSwiss good and is BDSwiss legit?.
In this BDSwiss Review UK we will also test the broker’s reliability and why it is the fastest-growing broker with a global membership base.
BDSwiss specialises in Forex and CFD trading. BDSwiss provides its customers with excellent trading conditions, a selection of trading platforms, as well as a responsive customer support team.
We will cover in this review of BDSwiss the overall services that BDSwiss Review UK offers and outline for you the key advantages and disadvantages of trading with BDSwiss. For information beyond this review of BDSwiss see our article that provides you with a comprehensive guide to the BDSwiss demo account before you start trading which will provide a better understanding of BDSwiss Review UK.
We will review the BDSwiss Ratings and BDSwiss Review UK Rankings and how the broker compares with others in the market. See our reviews of CMC Markets and Pepperstone UK for comparison to BDSwiss Review UK.
Review of BDSwiss: Unique Features BDSwiss Review UK
Worldwide coverage, global regulated through entities in the US and Cyprus, established and based in Switzerland
Specialist in Forex and CFD trading instruments
Ultimate trading technology with your choice between MT4, MT5 platforms and fast account opening
Review of BDSwiss - the Experts in Forex and CFD Trading
In this BDSwiss trading review, we will show how users can trade on more than 250+ financial CFD instruments covering Forex, Commodities, Cryptocurrencies, Indices and Equities. BDSwiss offers these trading account types – Classic, VIP and Raw on the MetaTrader 4 and MetaTrader 5 trading platforms and the broker’s own BDSwiss Web Trader and BDSwiss Mobile App.
BDSwiss Review UK offers traders the ability to carry out trades on a wide range of financial instruments covering 250+ CFDs on Forex, Commodities, Cryptocurrencies, Indices and Equities. If you are looking for Forex brokers to trade currency pairs on global Forex markets BDSwiss offer over currency pairs.
This is an overview of the assets available:
125 currency pairs
Another important feature of BDSwiss is that it’s possible to trade many assets at the same time.
This BDSwiss review highlights the trader’s access to seamless trading through the great range of 250+ underlying assets. Choose from Shares, Indices, Forex, Commodities and Cryptocurrencies based on CFDs.
Therefore, with access to most liquid and popular markets, you may choose the desired and most understanding instrument according to your trading need and use BDSwiss user-friendly portal to benefit from trading.
This BDSwiss Review UK will answer is BDSwiss safe, the most important factor to consider when choosing a broker is reliability and a broker’s reliability depends on how long it has operated on the exchange, the availability of its licenses as well as its reputation amongst other brokers and its customers. BDSwiss Review UK operates and is regulated by:
BDSwiss LLC – National Futures Association NFA ID: 0486419
BDS Ltd – FSA (Seychelles) registration no. SD047
BDSwiss offers traders protection and as traders need to know is BDSwiss safe for trading in its environment due to these regulations.
BDSwiss company is eligible to provide services within the EEA zone and is a regulated broker, while the local authorities registered the company in their records of accomplishment or in simple allowing to conduct offerings legally due to broker’s records.
BDSwiss Review UK operates in offshore locations such as Mauritius and Seychelles, which is registered by the Mauritius Financial Services Commission (FSC) and all in all, enhances the broker’s possibility to offer its service to various residents globally.
BDSwiss EU regulation provides a safe and reliable trading environment for brokers.
Specialises in Forex and CFDs
Great customer support
Fantastic online trading platform
Go to BDSwiss
BDSwiss Review UK recommends that you always check the regulation carefully as you need to confirm it is BDSwiss safe and never sign in with an only offshore registered broker. A broker is required to display its licenses clearly on their website as well as provide customer reviews. This is a good way to check the reliability of a broker to find out is BDSwiss safe?
Review of BDSwiss – $0 Fees on Withdrawals & Deposits
$0 fees withdrawals and deposits when made via credit cards. For withdrawals and deposits of 20EU or less, a fixed fee of 10 EUR is charged. The same flat fee applies for bank wire withdrawals equal to 100 EUR or less.
Other trading fees include:
Overnight swap fee charges for positions that remain open overnight
Currency conversion – there are no markup fees charged only standard currency conversion depending on the currency that is being converted
Variable fees on traditional products spreads and commissions. A complete list of fees is available on the BDSwiss site.
Review of BDSwiss - Global Leader in Technology
BD Swiss operates on the popular MetaTrader4 platform. This platform is popular amongst traders due to its comprehensive trading features and solutions. The MT4 platform is known in the industry as an intuitive platform that allows trading anywhere and anytime.
The platform offers advanced charting tools and indicators to manage the risks for an improved possibility for the trader to determine price direction.
Key features of the platform include:
Proprietary Web trading platform
User-friendly design and log in
MT5 technology is also available on supported devices
Available in numerous languages
The BDSwiss WebTrader platform is a 100% web-based tool. This means that there is no need to download or install any applications or programs – you can start trading right from your browser.
The platform is very unable with a great look and feel. Its analysis features including technical analysis and risk management tools are comprehensive and powerful.
A mobile trading platform app is available which is highly rated by traders for its features and usability. All the most important features are available there, so being on the go you still may perform analysis, check on the open positions, manage them and access your account management.
MetaTrader4 and MetaTrader5 suited to various devices including PC, Mac, Applications or Web platform that requires no installations. There is no question as to why so many traders choose MT4 as their platform of choice. It has excellent capabilities, a range of tools and a vast range of add-ons that are available on the market.
MT5 being a newer version also gained great popularity and features even more developed tools and comprehensive analysis options, loved either by beginners or professionals. Moreover, there are plenty of strategies to choose from, that are useful for every trader, novice or experienced one either with manual trading or automated trading through EAs.
The available versions suited to various devices including PC, Mac, Applications or Web platform that requires no installations. There are no questions why so many traders choose MT4, as the platform is simply good with its charting capabilities, a range of tools and what is more pleasant a vast of add-ons that are available on the market and making the trading process a pleasant one. Moreover, there are plenty of strategies to choose from, that are useful for every trader, novice or experienced one.
BDSwiss Deposits, Payments and Withdrawals - Is BDSwiss Safe?
BDSwiss works with a variety of payment service providers that cover a wide range of deposit methods but is BDSwiss safe? The methods vary according to the country regulations and your residence which you can verify via their support page. The methods available include:
Skrill, iDEal, EPS, Giropay, and many more
BD Swiss offers fast digital deposits, including Credit Card, Debit Card, Electronic Wallet with no deposit or withdrawals which are free of charge but is BDSwiss safe?.
There is a minimum deposit amount of 100EU to open a standard account but there are no deposit fees when using your credit card.
The minimum withdrawal amount is $100 and in most cases, the withdrawals are also free of charge. BDSwiss withdrawals are typically available within 24 hours although you will need to allow extra time on weekends.
Withdrawing funds is easy and fast, simply login to your Client Portal and submit a withdrawal request by following these simple steps:
Choose the withdrawal amount
Select the withdrawal method and confirm the fee if applicable (for amounts lower than 100$)
Submit and check the status through your Client Portal
Review of BDSwiss: Customer Service and Support
BDSwiss has excellent customer support which is offered in multiple languages. The service levels meet the needs of the trader and is of a sustainable and professional level. The multiple channels available to contact support are Live Chat, Phone and email. The live call centre for phone support is available 24/5 although support is available outside of these hours and the quality level is maintained.
BDSwiss Review: Award Winners in Technology and Compliance
BDSwiss is an award-winning broker and has won a number of awards among the global trading community as well as industry awards for its successful operation and trading technology. The broker heavily invested in technology so these awards are an important indication that they are implementing their technology well.
BDSwiss was recognized for its excellent service and trading technology confirming its sustainable trading conditions and its Trading App and Trade Execution recognition. Here are just some of the awards won:
Best trading app 2018 and 2019 Mobile Star Award
Best trading conditions 2019 World Finance Award
Best trading execution 2019 Forex Global Awards
BDSwiss is incorporated under the laws of Cyprus and also holds a Cyprus Securities and Exchange Commission license. As a state member of the EU, BDSwiss is regulated in Cyprus and is compliant with the European MiFID and MiFID II Directives designed to deliver a safe trading environment and control the operation of markets itself.
BDSwiss has registered offices in Switzerland, Germany, the US and other offices and is authorised to operate as a broker. Take a look at our reviews is Capital-Com safe and is IG Markets good to compare these brokers.
How to trade on the BDSwiss Platform - is BDSwiss Safe?
Leverage, known as a loan given by the broker to the trader enables you to trade through the multiplied volume that may raise your potential gains, yet in reverse increases high risks too. So firstly you should learn how to use tools smartly, also various regulatory standards and restrictions set a particular allowed level of leverage that is considered to be safe.
However, the opinions of authorities about “safe levels” are different, so make sure to verify under which regulation you will fall so that the level is defined correctly as well.
European clients can now use only a maximum leverage level 1:30 for Forex instruments
The global BDSwiss traders may be still entitled for a higher range of up to 1:500
US traders entitled for 1:40
For the most accurate data check on the official BDSwiss platform and verify its allowance with your residual status, also make sure to check each instrument separately as it varies according to the asset as well.
When opening your trading account there is an option to choose the desired base currency through the selection between the Euro (€), US Dollar ($) and the British Pound (£), which is definitely great as it means you will not be charged for currency conversion.
Fast account opening
Three Account types offered
Selection between three base currencies
Investment option though Wealth Management
Demo Account and Live Account
Daily Analysis and Exclusive Webinars for VIP clients
BDSwiss currently offers three main account types which are Classic, Vip and Raw, created to cater to the needs of different Forex traders through lower costs according to trading sizes and advanced services once size increases. While Classic and VIP accounts are based on spread only model, the Raw account features interbank spreads and commission charge per lot.
BDSwiss also does offer a Forex or CFD “Demo Account”, that is free of capital risk environment allowing either to learn or practice strategies, check the trading conditions before the live account is active, which is very necessary for your better understanding.
In addition, every BDSwiss client is managed according to strict regulation broker adheres, while the account balance can’t fall below zero due to the applied negative balance protection.
How to open an Account?
Load BDSwiss Sign In page. You may also sign with an existing account on Facebook or Google.
Enter your personal data (Name, email, phone number, etc)
Upload your documents to verify the account. It is a legal procedure to check proof of your residents, through utility bill, your ID or similar.
Complete questionnaire about your trading experience and expectations
Once your account is activated you will get access to your account area.
Next, once you learn all risks and benefits involved, you may proceed with funding.
Almost instantly you will be able to start trading through BDSwiss platforms.
BDSwiss Forex trading offer
Forex markets are the most liquid asset markets in the world. As such, it provides a wide array of trading options for online traders. Our BDSwiss review has delved into the platform’s offering in this regard. As a BDSwiss customer, you’ll have access to a diverse selection of forex pairs. At BDSWiss, you’ll be trading forex CFDs – with 50 different pairs on offer. You can trade major, minor, and exotic forex pairs on the BDSwiss platform. Forex trading costs
Forex trading costs
When it comes to specific costs associated with trading forex CFDs, you’ll need to consider a few points. First off, you will not incur a commission fee when using the BDSWiss Classic account. 0% commission is applied across the board to all forex pairs and subsequent trading there-of. If you use the BDSWiss VIP or Raw account, you’ll incur a commission fee equal to $5 per trade. Average spreads vary drastically depending on the forex pair in question. A complete overview of the fee structure can be found on the official BDSwiss website.
Forex trading conditions
The trading conditions for trading forex CFDs on the BDSwiss platform are friendly. You’ll find that, for the most part, the pip value per lot is set at 10. However, all forex pairs that include the Japanese yen will have a pip value per lot of 1,000. The minimum lot size is set at 0.01 while maximum lot sizes are capped at 50.0 across the board. Figures relating to short and long swaps as well as spreads (mentioned above) are not constant. It’s best to double-check this prior to trading with the forex pair/s of your choosing.
Forex: Summary & Conclusion
BDSwiss caters to online traders who wish to buy forex CFDs. Although you won’t be able to spot trade, you’ll have access to a wide selection of pairs – enabling you to speculate on price movements of major, minor, and exotic forex pairs. With three account types and a data-driven platform on hand, trading forex CFDs with BDSwiss is certainly a viable option
Stock trading offer
You’ll have access to a wide number of stocks at BDSwiss. This online broker will enable you to trade stock CFDs that include all the major brands from across the globe. As a BDSWiss trading customer, you can trade stock CFDs based originating from different countries; the US, UK, France, Germany, Netherlands, Spain, and Switzerland. You will be able to trade 70 different US-based stock CFDs and over 30 different UK-based stock CFDs.
Stock trading costs
When trading stock CFDs, you’ll be charged a flat commission fee regardless of the account type you use. The commission fee is set at 0.15% per round lot. However, for all UK-based stocks, you’ll pay a commission rate of 0.02%. Fortunately, there is no fee attached to deposits and withdrawals.
Stock trading places and conditions
The trading conditions for stock CFDs on the BDSwiss platform include minimum lot sizes of 1.0 while maximum lot sizes are capped at 1,000. Units per lot for all countries except the UK is set at 1 stock while UK-based stocks have a unit size per lot of 100. The leverage margin requirement is 20% for all stock CFDs on the BDSwiss platform.
Stocks: Product summary & conclusion
With access to stock CFDs from seven different countries, BDSwiss manages to offer an assorted mixture of stocks. However, certain traders might be disappointed by the lack of Asian stocks while stocks from all countries – except the US and UK – are rather limited. Fees are reasonable while the online trading platform enables you to track up-to-date market developments making for a better trading experience. Thus, it’s definitely worth your time to try the BDSWiss platform if you are interested in trading stock CFDs.
BDSwiss UK FAQs
🏈Is BDSwiss safe ?
BDSwiss is regulated in accordance with FCA, CySEC and ASIC regulations, meaning that there are measures in place to protect investors. BDSwiss clients’ funds are kept secure in top-tier banks and all personal information is guarded under SSL encryption. For more information on safe trading, take a look at our latest broker reviews at Betting.co.uk
🏈How do I start trading with BDSwiss?
BDSwiss is a fantastic site, which traders will testify to. Trading obviously doesn’t come without its risks, BDSwiss is definitely one of your best options. It’s a pretty remarkable platform. To find out how to start trading with BDSwiss, take a look at our trading guides and reviews at Betting.co.uk
🏈Does BDSwiss charge high fees?
BDSwiss does charge fees to traders on certain transactions. Traders who use BDSwiss, will find that fees apply on selected transactions. And others are completely free such as withdrawals and deposits. For more information, take a look at our reviews at Betting.co.uk
Conclusion - Our Verdict on BDSwiss UK
This review of BDSwiss concludes that BDSwiss is a well-regulated and trustworthy broker who has grown quickly in recent years to become one of the largest global brokers. This solid foundation has given them the platform to attract a wide variety of traders with award-winning trading platforms and a competitive range of trading costs.
This BDSwiss Review UK forecasts the broker will see future continued growth with regulation for US trading already in place. This could prove to be a launchpad for the broker to achieve more success in the coming years and continuing to grow their trading base and improve their offering for the benefit of all traders.
New UK+IRE customers only. Paypal & some deposit & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 = 4x £5 free bets. Free bets valid for 4 days, stake not returned. No cashout, restrictions. 18+ begambleaware.com T&Cs apply
New customers only • Promotion valid until March 16th, 2021 • 18+ • Min deposit of £/€/$10 with promo code CHEL40 • A qualifying bet is a ‘real money’ stake of at least £/€/$10 on Horse racing• Min odds 1.50 • Free Bets credited upon qualifying bet placement and on the 16th March 2021 and expire after 7 days • Free Bet stakes not included in returns • Restrictions apply to withdrawals, payment methods, and countries. Full T&Cs apply