Overall Rating
4.7/5
Rated #5 of
Recommended FX Brokers
Minimum Deposit
USD 100
Regulators
CySec, FSC, FSA, BaFin, NFA
📱 Trading Desk
MetaTrader 4 , MetaTrader 5
₿ Crypto
Yes
📈 Total Pairs
50 Forex Pairs and 20 Crypto Pairs
Islamic Account
Yes
Trading Fees
Low
🕒 Account Activation Time
24 Hours
🏛️ Visit Broker
Our BDSwiss Demo Account Revealed:
How to set up a Demo Account – Step by Step
To register a demo account with BDSwiss, traders can follow these steps:
- Traders can navigate to the official BDSwiss website and click on the “Try Demo Account” banner that can be found on the homepage below the “Sign up for free” banner. Alternatively, the Demo Account option can also be accessed on the Classic Account page.
- A new page will load with an online application and traders can complete the required fields by providing their First Name, Last Name, Country of Residence, Mobile Telephone Number, Date of Birth, valid email address, and lastly, a user-selected password.
- Next, traders can click the box provided to verify that they are 18 years, or older. In addition, traders must read and select that they understand the General Terms and Conditions, Legal Documents, and the Personal Data Protection policies by selecting the box provided.
- Once complete, traders can “Submit” their application and their information will be captured and processed.
- Once the demo account is approved, traders will automatically be directed to their member's area where they will receive the login details to their MetaTrader 4 demo account based on the Classic Account.
BDSwiss Demo Account Features
The Demo Account that BDSwiss offers is according to the features and the functions of the Classic Account, which means that traders will have mimicked live trading conditions that reflect market conditions, trading conditions, and all other features.
The demo account is a risk-free platform that allows beginners to use it as a practice account. Traders can use this along with the educational material and resources that BDSwiss offers to gain experience in trading before they transition to a live trading account.
However, a demo account is not merely intended only for beginners but is a useful tool that can be used by experienced traders. Traders who want to test their trading strategies can use the demo account as a risk-free environment to refine and test strategies against market conditions in real-time without risking their capital.
Another useful function of the demo account is that traders can use it to explore the trading conditions that BDSwiss offers before they commit to a live trading account.
Pros and Cons
| PROS | CONS |
| Demo account provided | The demo account is based on only one live trading account |
| The sign-up process is quick and easy | |
| BDSwiss offers MetaTrader 4 that can be used for demo purposes |
You might also like: BDSwiss Account Types
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You might also like: BDSwiss Islamic Account Overview
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You might also like: BDSwiss Sign up Bonus
Overall Rating
4.7/5
Rated #5 of
Recommended FX Brokers
Minimum Deposit
USD 100
Regulators
CySec, FSC, FSA, BaFin, NFA
📱 Trading Desk
MetaTrader 4 , MetaTrader 5
₿ Crypto
Yes
📈 Total Pairs
50 Forex Pairs and 20 Crypto Pairs
Islamic Account
Yes
Trading Fees
Low
🕒 Account Activation Time
24 Hours
🏛️ Visit Broker
FAQ
What is the difference between a demo and a live trading account?
A demo account is a practice account that can be used by both beginner and professional traders. Beginners can use a demo account to practice their trading while more advanced traders can use it to test their trading strategies.
Alternatively, traders can also use a demo account to explore what a broker has to offer. Demo accounts are known for the risk-free environment that they offer along with the virtual funds which are used to trade.
Does BDSwiss offer a demo account?
Yes, BDSwiss offers a demo account on the Classic Account.
How long is the demo account valid?
The demo account is valid for an unlimited time if the account is constantly being used.
Which live trading accounts does BDSwiss offer?
BDSwiss offers the following live trading accounts:
- Classic Account
- VIP Account
- Raw Account
Does BDSwiss offer an Islamic Account?
Yes, BDSwiss offers the option for a Classic and VIP Account to be converted into an Islamic Account.
What are the available deposit currencies for a live trading account?
- USD
- GBP
- EUR
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