MetaTrader 4 (MT4) is a popular trading platform used by traders worldwide for trading forex, commodities, indices, and other financial instruments. BDSwiss traders have access to trading stocks from the US, UK, France, Germany, Netherlands, Spain, and Switzerland. Traders can go long or short, depending on their trading strategies to try and make some money.
Customer Reviews
It illustrates the spreads and commissions I have recorded for the EUR/USD pair and compares them against the typical costs for ECN and STP accounts in the industry. I like the trading environment at BDSwiss in the commission-based trading account for its low trading fees, fast order executions, lack of requotes, and deep liquidity. BDSwiss upgrades https://forexarena.net/ MT4/MT5 with Trading Central and Autochartist, offers VPS hosting for low-latency 24/5 Forex trading, and maintains a mix of highly liquid assets. The research and education sections rank among the most comprehensive in the industry. Therefore, I rate BDSwiss as a competitive Forex broker, and I can highly recommend it to active traders.
- As the broker mentions it always aims to give withdrawal service within 24 hours, yet this is applicable towards working business days, as on weekends or holidays it may take longer to proceed.
- They provide powerful trading platforms with additional trading tools and plenty of educational materials.
- MT5’s mobile app suffers from the same underlying problem inherent to other mobile apps.
How does BDSwiss make money?
Affiliates can log in to their accounts to view real-time statistics, including the number of referred clients and their trading activity. The platform also provides dedicated support for affiliates, offering assistance with account-related queries, commission structures, and marketing strategies. Traders have access to the trading account dashboard to make withdrawals and deposits. All CFD assets, including forex, and cryptocurrencies, are supported. The BDSwiss proprietary mobile app can be downloaded from the respective app stores for Android and iOS. 👉 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.
What funding options does BDSwiss offer?
They both cater for an extensive number of charting tools and functions, provide super-fast order execution, and do not offer any requotes. BDSwiss does allow you to engage in both scalping and hedging, while algorithmic trading is facilitated through use of the EAs feature on your bdswiss forex broker review MT4 trading platform. A BDSwiss inactivity fee is charged if you are inactive for 90 days or more. The Educational videos consist of five to six lessons with a quiz to summarize the content. Topics include CFD Trading, The Basics of Forex Trading, and Order Types, among others.
These notifications give buy or sell indications, as well as stop loss and take profit levels. Keep in mind that previous performance is not a guarantee of future performance. Trade Companion is a useful tool in the cutting-edge trader’s toolset, designed to provide traders with a complete view of their trading history and performance. Trade Companion can act as a personal virtual mentor, enabling traders to identify which tactics have so far performed best for them and the areas in which there is room for improvement. BDSwiss would charge 10% of the account balance as an inactivity fee if the account had no trading activity for over 90 days.
BDSwiss provides demo accounts to practice trading and swap-free Islamic accounts for Muslim traders. In addition, BDSwiss provides industry leading third-party research tools such as Trading Central and Autochartist. The broker also provides trading courses, webinars, and other high-quality educational content to help traders improve their trading skills. BDSwiss is a multi-regulated and award-winning broker that offers a wide selection of products for trading across several asset classes. They provide robust trading platforms, as well as extra trading tools and a wealth of training content. Account types are adaptable to your specific needs, and customer service is swift and courteous.
In case the account remains inactive for over 90 days there is an inactivity fee of 30 EUR/GBP/USD per month. I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities. Affiliate managers, as well as personal account managers for VIP referrals, are available. The verification part consists of confirming the client has provided the correct personal information including all requested documents.
The broker also provides margin calls if you are trading on leverage to help you control your level of account equity at all times. The broker will also generally cover any fees which you may incur in making a deposit. The only exceptions here may be if you deposit a non-base currency, or have a fee from your bank for using a wire transfer.
They provide you with CFDs on a limited range of around 250 instruments across markets such as Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals & Energies. Brokers such as IG have over 17,000 tradeable instruments available to help put things into perspective for you. Before choosing BDSwiss, or any broker, it’s important to do your own research and think about what you need from your trading experience, your strategies, and how much risk you’re willing to take. The right broker for you depends on your personal trading needs and goals.
While direct phone calls to the broker are not available, you can request a callback. Throughout my review, I reached out to BDSwiss multiple times, and their customer support agents consistently demonstrated politeness, expertise, and helpfulness. You can access over 1,000 CFD products across six asset classes at reasonable price with the BDSwiss MetaTrader 4 platform. You may trade with confidence and security thanks to the industry-leading platform that is used by millions of traders around the world. The platform provides a variety of powerful features such as distinct trading tools, alerts, and automated trading. MT4 has a user-friendly trading interface designed to accommodate traders of all levels that can be fully customised according to your own indvidual needs.
ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. The broker enjoys a positive reputation within the financial industry, reflecting its dedication to transparency, client satisfaction, and innovation.
BDSwiss offers MT4/MT5 and upgrades them with services by Trading Central and Autochartist. Traders can choose powerful desktop clients, lightweight web-based alternatives, and popular mobile apps. MT4/MT5 support algorithmic trading and have embedded copy trading services. Traders can upgrade MT4 via 25,000+ custom indicators, templates, and EAs, while MT5 features 10,000+. I recommend the desktop client to all traders, as they offer all the functions. Copy traders can use mobile apps, which provide everything they need to follow other traders.