BDSwiss Opinion and Full Analysis

What is BDSwiss?

In this text we want to introduce you to the BDSwiss broker  . We will show you its main characteristics, its more and less outstanding aspects, its variants and, above all, we will explain why at OkBrokers we consider it a legit broker.

In the past, BDSwiss became very popular – in binary options trading. But time passes – and businesses progress – so, like many others, he has chosen to focus on the Forex sector  ,  Contracts for Difference  (CFDs) and  cryptocurrencies . Currently, BDSwiss is presented as a broker who specializes in operating  rates ,  currencies ,  stocks  and  Co .

BDSwiss is a reliable, regulated and safe broker

We start with what we consider most important, and we do so by reminding you that at OkBrokers we will only recommend  safe  and reliable online trading platforms . Why is BDSwiss one of them? Because it has proven its solvency, but, above all, since it is a registered entity in the  CySec  (Cyprus Securities Market Commission), with the license number  199/13 . His company number is  300153 . It also works under the protection of the Spanish National Securities Market Commission ( CNMV ), with number  3568 .

As if that weren't enough, one more piece of information to convince you: in 2016, it received the FX Empire award for   “most reliable broker”. Its solvency and security are beyond doubt.

BDSwiss commissions and spreads

BDSwiss charges a series of commissions for dealing with them. These are:

• Spread: it  is the difference between the purchase price and the sale price, therefore, it is variable and will depend on market conditions.
• Opening  and closing commission of 0.1%
• Nightly Fee : Also known as  Rollover , it is a commission for keeping your position open overnight. It will have to be paid after 9:00 p.m.
• Inactivity : if the account is six months without activity, a commission of 10% of the balance will be charged at that time, with a minimum of 5 euros.

In addition, it establishes a kind of  security guarantee  –which cannot be considered a fee as such– for the opening of new positions.

These are the commissions that BDSwiss does charge, but there are others that it does not –unlike some brokers–: with BDSwiss you will not pay custody  or  maintenance commissions  .

Commodities at BDSwiss

Currency Pairs on BDSwiss

Shares in BDSwiss (Spain)

More Actions on BDSwiss

Stock Indices on BDSwiss

Cryptocurrencies on BDSwiss

BDSwiss trading platform

BDSwiss has the MT4 platform  , for Forex and CFDs, in its downloadable version for Mac. In addition, it also has apps for trading compatible with  iOS and Android . To trade online there is  Webtrader .

A more than acceptable offer that adapts to the needs of almost any type of trader, another point in favor of BDSwiss.

Platforms in BDSwiss

BDSwiss account types

BDSwiss makes various types of account available to the client:

• Demo account : to get practice. At OkBrokers we always recommend it if you are not very knowledgeable in the matter. The BDSwiss demo account offers  10,000 euros  of play money.
• BDSwis Basic account  (minimum deposit of  200 euros ): its main characteristics are that the minimum lot size is 0.01 and that it has a high leverage (1: 400 maximum for professionals).
• BDSwiss account : it is the most professional account, and, therefore, it is designed for clients with more experience. It allows you to increase the leverage up to 1: 500, the minimum lot size is also 0.01 and the spreads are somewhat lower than those of the Basic. Not everyone can open this account, to do so, you must send a personalized request to the broker's account managers.

Advantages of operating with BDSwiss

These are, in our opinion, the greatest advantages that  BDSwiss  offers its traders:

• It is a fantastic platform to  invest in CFDs , with a great offer of assets in indices, currencies, commodities, stocks and pairs of shares
• It is a broker  regulated by the CySEC .
• It sets very  few commissions  and the  spreads are low .
• Both  MT4  and  Webtrader  offer really simple and intuitive navigation.
• You have a demo account with up to  10,000 euros  of play money.
• It gives access to a series of   very attractive and interesting training elements such as courses, webinars and articles on trading.
• You have several  payment methods  available: VISA and Mastercard; electronic wallets such as Neteller or Skrill; Bank transfers; cryptocurrencies: Bitcoin, Bitcoin Cash or Ethereum; Klarna, Giropay, Postepay and Webmoney.