BDSwiss Demo Account: Opening & Key Information (2022)

filippo ucchino Filippo Ucchino calendar Last Updated: September 2022 timer 4 Min Read

The following article is going to show you a step-by-step guide on how to open a demo account on the BDSwiss trading platform.

We will take a look at all the key aspects of the BDSwiss demo account from every point of view.

Main features of the BDSwiss demo account:

  • 30-days trial
  • It’s totally free
  • Easy to open
  • Wide array of trading platforms available
  • All live account markets and assets available
Table of Content

Round-Up

BDSwiss demo account Characteristics
Demo available Yes
Trial duration 30 days
Demo platforms MT4, MT5, Proprietary platform
Virtual money amount $1.000.000
Customizable features Yes

Visit BDSwiss (72.5% of retails investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.)

BDSwiss demo account opening tutorial: step by step procedure

We have curated a full BDSwiss review that has comprehensive detail on every aspect of the broker. Here we will focus specifically on the BDSwiss demo account opening.

Step 1: Visit the BDSwiss’ website

Go to the BDSwiss site in order to find the demo account registration form. (72.5% of retails investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.)

Access the BDSwiss demo account from the homepage

Step 2: Fill the registration form

When it comes to the registration form, you must fill in the following information:

  • First and last name
  • Country of residence
  • Phone number
  • Date of Birth
  • Email
  • Password

Fill in the register form to open your BDSwiss demo account

Step 3: Verify your profile

Once you have submitted the registration form, you will get an email to confirm your account details. It is recommended that you check everything is correct before you confirm anything.

Step 4: Login into the demo account

Once you have confirmed your details and everything is correct you can then open the platform.

After downloading and installing MT4 or MT5,  you will receive the email of the broker with the specific login details to log-into the platform

Step 5: Customize the demo account

The demo account can be customized by logging into your dashboard. If you want you can try other demo account types other than the Classic Account, such as Raw, VIP and, depending on your location, Cent demo accounts.

Select “Add new account” and choose whatever you’d like to open. Set the leverage, and currency level (up to $1,000,000). MT4, MT5 and BDSwiss WebTrader are all available trading platforms.

BDSwiss’ demo account features

The BDSwiss account is very easy to open. Just a valid phone number and valid email address are needed.

The account is valid for 30 days and you cannot open more demo accounts with the same email address. You can open one demo per account type.

There are a total of 200+ tradable markets and virtual funds up to $1,000,000 can be used. MT4, MT5, and a proprietary platform are all available via webtrader and mobile.

Educational tools are also accessible to speed up your learning, including video tutorials and articles.

Differences between live and demo BDSwiss accounts

BDSwiss offers a demo version for each account type. This means Classic, Raw, VIP and, depending on your location, Cent demo accounts are all available.

The major difference between a live and demo is Slippage, which is the difference between your initial requested order price and the actual order’s execution price, due most of the times for how quick the prices move.

The BDSwiss demo account will expire after 30 days. However, you will be able to add another demo account when needed, or change the total amount of your demo account virtual balance. In order to do this you have to contact the support team via email, phone or live chat.

For live accounts, an inactivity fee is charged if you are inactive for 90 days or more, equal to 10% of your account balance.

How to switch to a live account

When switching to a live account, you won’t lose your demo which will still be active.

To open a live account you will need to show proof of your identity (Passport, ID or Driver License) and proof of your residence (Bill utility or bank statement). You will then be verified by the broker.

Depending on the country, the broker may ask you to fill a questionnaire about your trading knowledge.

After you’ve been verified, you can make your first deposit to start trading. The BDSwiss minimum deposit depends on your account type, it goes from $10 to $200.

How to best use your BDSwiss demo account

Here are a few small tips on how to best use your BDSwiss demo account.

  • Set up your demo account as you would set up a real account: platform, money, account type, leverage. Choose these characteristics judiciously
  • Do not open large positions if you are not planning to trade with large amounts of money
  • Treat money as if it were real
  • Practice daily
  • Study and integrate your knowledge by consulting the materials offered by BDSwiss

Pros and cons of the BDSwiss demo account

Pros

  • Wide range of trading platforms available
  • The demo trial can be renewed

Cons

  • Only the basic account type is available as demo
  • It lasts for 30 days only

About The Author

Filippo Ucchino

Co-Founder - CEO - Broker Expert
Filippo is the co-founder and CEO of InvestinGoal.com. He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.

Leave a Reply

Your email address will not be published.

Better Informed

Find and Compare The Best
Online Broker For You

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
ADVERTISER DISCLOSURE: InvestinGoal is completely free to use for all. Though we may receive a commission from brokers we feature, this does not impact the results of our reviews or rankings which are conducted with complete independence and objectivity, following our own impartial methodology. Help us continue to provide the best free broker reviews by opening your account with our links. Please read our Advertiser Disclosure to learn more.
Copyright © 2022 InvestinGoal.com – All rights reserved. / Privacy and Cookie Policy / Basic Terms of Use / Risk Warning / Sitemap