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 Fees and Spreads Revealed:
Fees and Spreads
The spread list that BDSwiss offers starts from 0.3 pips EUR/USD.
The spread list and commissions that BDSwiss charges will depend on the type of account that traders use along with the financial instrument and the market conditions. The typical spreads and commissions that are charged according to the account types are as follows:
- Classic Account – spreads from 1.5 pips EUR/USD and commissions of $2 on indices and 0.15% on shares per round, per lot.
- VIP Account – spreads from 1.1 pips EUR/USD and commissions of 0.15% charged on shares per round, per lot.
- Raw Account – spreads from 0.3 pips EUR/USD with commissions of $5 on forex, $2 on indices, and 0.15% on shares per round, per lot.
Additional Trading Fees
Overnight fees, also known as swap fees or rollovers, are either credited or debited depending on the financial instrument being held and whether the trader is holding a long or short position. The overnight fees that traders can expect will depend on:
- The financial instrument being traded
- Whether the trader has a long/short position held open
- The total position size
The typical overnight fees for EUR/USD are -0.5 on a short swap and -7.0 on a long swap. BDSwiss offers Muslim traders the option to convert their Classic or VIP account into an Islamic account, exempting them from earning/paying swap fees.
As BDSwiss is not a spread betting broker, spread betting fees will not apply.
Broker Fees
BDSwiss does not charge any deposit fees while withdrawal fees are not charged on credit cards. Withdrawal fees are charged on withdrawals of less than 100 USD/EUR/GBP. When traders withdraw less than this amount, they can expect to pay 10 EUR on Bank Wire Transfer and 20 EUR on all other payment methods.
In addition to this, BDSwiss charges Classic Account holders the following additional broker fees:
- A $500 minimum to access Performance Statistics from AutoChartist
- A $1,000 minimum to access the services of a Personal Account Manager
BDSwiss also charged currency conversion fees if the trader’s account currency is different than the one that they use for deposits. If the trading account goes dormant after 90 days, there is a fee of 10% charged on the account balance.
Pros and Cons
You might also like: BDSwiss Account Types
You might also like: BDSwiss Demo Account
You might also like: BDSwiss Islamic Account Overview
You might also like: BDSwiss Minimum Deposit
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
How many instruments can I trade with BDSwiss?
You can trade any of the following instruments:
- Forex
- Commodities
- Cryptocurrencies
- Indices
- Shares
Which platforms are supported by BDSwiss?
BDSwiss supports the use of any of these trading platforms:
- MetaTrader 4
- MetaTrader 5
- BDSwiss Mobile App
- BDSwiss WebTrader
Does BDSwiss offer leverage?
Yes, BDSwiss offers leverage up to a maximum ratio of 1:500.
What spreads can I expect with BDSwiss?
You can expect average spreads from 0.3 pips EUR/USD on the Raw Account.
Does BDSwiss charge commission?
Yes, BDSwiss charges commissions as follows:
- Classic Account – $2 on Indices and 0.15% on shares, per round and lot.
- VIP Account – 0.15% on all shares per round, per lot.
- Raw Account – $5 on all forex pairs, $2 on all indices, and 0.15% on all shares per round, per lot traded.
Are there additional charges on the Islamic account?
No, there are no additional charges indicated on the Islamic Account.
Is BDSwiss regulated and by whom?
Yes, BDSwiss is regulated by CySEC, BaFin, FSC, FSA.
Is BDSwiss a recommended forex trading broker for experts and beginners?
Yes, BDSwiss is a forex trading broker that is suitable for both beginners and experts.
What is the overall rating out of 10 for BDSwiss?
9/10.
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