BDSwiss Broker Review

Posted by bdswiss on December 9th, 2022

Founded in 2012, BDSwiss is a responsible and well-regulated broker with a large international customer base. It offers trading on multiple instruments, including Forex, commodities, shares, indices, and over 26 cryptocurrencies, which is a much wider range than is available at other brokers.

BDSwiss’s entry-level account offers relatively poor trading conditions compared to other market makers/STPs, with average spreads as wide as 1.5 pips (EUR/USD). Trading costs improve on the VIP and Raw accounts, down to 1.1 pips and 0.3 pips (EUR/USD) respectively, but this is in exchange for extremely high minimum deposits and a round turn commission of 5 USD on the Raw Account.

With full support for both the MT4, MT5, and its own proprietary trading platforms, traders can access various trading tools, including Autochartist and built-in trend analysis tools. Additionally, its award-winning educational and analytical materials cater to traders of all experience levels, and BDSwiss allows all trading strategies, including hedging, scalping, and algorithmic trading.

Is BDSwiss Safe?

With a long history of responsible behaviour and local and international regulation, we consider BDSwiss a safe broker to trade with.

BDSwiss was founded in 2012 and is headquartered in Switzerland. It is well-regulated by many top-tier authorities, including the Cyprus Securities and Exchange Commission (CySEC), the Mauritius Financial Securities Commission (FSC), the Federal Financial Supervisory Authority (BaFin) of Germany, and the Financial Services Authority (FSA) of Seychelles. See below for more details:

BDSwiss has been regulated by CySEC (license 199/13) since 2013
BDS Markets is authorised and regulated as an Investment Dealer by the Mauritius FSC on 06/12/2016 (License No. C116016172)
BDSwiss GmbH (Registration No. HRB 160749B) is the BaFin-registered Tied Agent of BDSwiss Holding Ltd in Germany.
BDS Ltd is authorized and regulated by the Financial Services Authority (FSA) Seychelles under license number SD047.

BDS Swiss global clients will be trading under the BDS Markets subsidiary, authorized and regulated by the Financial Services Commission (FSC) Mauritius.

In terms of industry recognition, BDSwiss outshines many of its competitors. Recent awards include:

• Best FX Education & Research Provider 2021 (World Finance Awards)
• Best Mobile Trading Platform Europe 2021 (Global Banking and Finance Awards)
• Best Trading Conditions 2019 and Best Trading Conditions 2020 awards (World Finance Awards) and Best FX & CFD
• Provider 2020 at the International Investor Awards.
• Best Trade Execution 2019 (Global Forex Awards)
• Best Trading App 2019 (Mobile Star Awards).

Our sister site, FXScouts, also awarded BDSwiss the award for Best Market Research Provider 2020, citing BDSwiss’s “exceptionally detailed and thoughtful market analysis for traders of all experience levels.”

Overall, because of its history of responsible behaviour, storing international regulation, strict auditing processes, and wide industry acclaim, we consider  a trustworthy broker.