As a global broker, BDSwiss is available in more than 180 countries, with only a few exceptions. The USA is among these exceptions with trading not available there, though BDSwiss does an excellent job of being available in other locations. Traders can speculate on 120+ stocks from leading companies in the US, UK and five EEA countries.
Education and research tools
We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. BDSwiss also offers a Forex or CFD “Demo Account” and gives new traders https://forexhero.info/ the opportunity to put their skills to the test on free Demo accounts with adjustable virtual balances of up to 1,000,000€/$/£/ZAR. BDSwiss clients can open any type of account offered by BDSwiss including Classic, Zero-Spread, VIP and Cent.
Live Trading Accounts
BDSwiss also developed an in-house web-based trading platform ideal for manual traders with a superior user interface and performance to the MT4/MT5 alternatives. BDSwiss also offers their proprietary BDSwiss mobile app for those that prefer trading on their mobile devices. This is useful for getting used to the broker and the platform and having some educational value. However, it is important to remember that demo trading cannot replicate the psychological conditions of risking real money.
BDSwiss review – a broker with a variety of account types
However, keep in mind that BDSwiss might not offer every trading option available. Demo accounts are also available if you wish to test the different trading platforms and conditions before opening a real account. Nearly all brokers have some form of demo account and I would always test them before making a commitment. I like how each account has been built to cater to the needs of both beginner and advanced traders alike. This isnt too bad but not as low as TD365 who have a $1 dpeosit requirement. You can use the integrated fully automated technical analysis software Autochartist.
- The broker provides a wide range of educational material and good customer support.
- The site offers MetaTrader (MT4) trading and there is complete training available, or you can opt to trade using the BDSwiss WebTrader platform, if preferred.
- This is useful if you are a Muslim trader and cannot pay interest due to your religious beliefs.
- BDSwiss works with a variety of payment service providers that covers a wide range of deposit methods in a particular country.
You can trade indices with more than 10+ of the world’s major stock indices are available, with competitive trading conditions. I really like this tool and think it is fantastic for tracking instruments for customised trading signals. I don’t always want to sit around watching charts and waiting for setups, so this saves valuable time. If you can also see the benefits, other broker including Tickmill also have it available for you use. MT4 is free to download for desktop and available as a mobile app on both Android and iOS.
This is useful if you are a Muslim trader and cannot pay interest due to your religious beliefs. The BDSwiss Trading Academy has a wealth of educational resources to help you increase your trading knowledge. There are video courses, articles and webinars for all levels of trader. I think the academy could be great for those of you who have no prior experience.
A demo account is also offered so that traders can test the tools, conditions and spreads offered, which is definitely a big plus. MetaTrader 4’s mobile app offers Kenyan 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. 👉 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.
BDSwiss arranges withdrawal options with good range of supported payment methods, while the minimum withdrawal amount is $100, in most cases the withdrawals processed free of charge. Yet in case you would like to withdraw less than the mentioned amount the broker may add on a fixed processing fee of 10$. Many of these same experts are involved in the brokers research section. The bdswiss forex broker review broker provides 8 expert analysts, each with their own area of expertise to provide a regular market overview and updates on every asset that is offered for trading, and the wider market so you can be kept up to date. One major drawback with this brand is that it’s necessary to register an account before using the Demo account and training services provided on the platform.
Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. To make deposits and withdrawals, traders may use the trading account dashboard. The BDSwiss mobile app may be downloaded from the Android and iOS app stores. 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.