The BDSwiss demo account serves as a risk-free trading environment where users engage with market conditions using virtual funds. BDSwiss provides this account to help traders practice strategies, explore market dynamics, and test platform features without financial risk. Opening the demo account requires visiting the BDSwiss website, completing a registration form with personal details, verifying identity, and logging in through the provided credentials. Users select from available platforms, including MT4, MT5, and the BDSwiss WebTrader, and configure account settings such as leverage and currency.
The BDSwiss demo account includes access to real-time market data, ensuring users experience trading conditions that reflect live market activity. It supports trading in various CFD instruments, covering forex, commodities, indices, and cryptocurrencies. The account provides $1,000,000 in virtual funds, allowing traders to test strategies without financial exposure. Customization options enable users to adjust account parameters, including leverage settings. Educational tools such as tutorials and market analysis reports assist in skill development. Customer support remains available five days a week for technical and platform-related inquiries.
The demo account remains active for 30 days from the last login. After expiration, users must open a new account using a different email address. The trial duration ensures traders develop familiarity with the platform while maintaining a structured practice period. BDSwiss restricts users from holding multiple demo accounts simultaneously under the same credentials. Transitioning from the demo to a live account involves verification steps and an initial deposit, allowing traders to shift seamlessly into real-market trading conditions.
How to open a BDSwiss demo account?
There are five steps to open a BDSwiss demo account. These are to visit the BDSwiss’ website, fill the registration form, verify your profile, login into the demo account and customize the demo account. The different steps to open a BDSwiss demo account are listed below.
First, visit the BDSwiss’ website. Go to the BDSwiss site in order to find the demo account registration form.
Second, fill the BDSwiss 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 and password.
Third, 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.
Fourth, 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.
Last step, 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.
What are the features of the BDSwiss demo account?
The features of the BDSwiss demo account are listed below.
- Trading Platforms: BDSwiss offers the MetaTrader 4 (MT4), MetaTrader 5 (MT5), and a proprietary platform for its demo account users. These platforms are accessible via webtrader and mobile.
- Virtual Funds: The BDSwiss demo account comes pre-loaded with $1,000,000 in virtual funds for users to practice trading. Opening a trading account with BDSwiss grants immediate access to a virtual $10,000 free demo account.
- Tradable Instruments: BDSwiss offers an extensive array of tradable CFD instruments to allow traders to diversify their portfolios effectively and explore different markets and asset classes. The demo account provides access to the same functions, features, and options as a live trading account.
- Real-Time Market Data: The BDSwiss demo account includes real-time market data. This feature allows users to experience trading conditions similar to live accounts.
- Time Limit: The BDSwiss demo account expires after 30 days of inactivity, but traders can add another demo account. It is not possible to open multiple demo accounts with the same email address. Users can open one demo account for each account type.
- Restarting the Demo Account: To restart the demo account in a digital currency exchange, users can typically go to the account settings and look for the option to reset the demo account to follow the instructions provided.
- Educational Tools: Educational tools are accessible to speed up learning, such as video tutorials and articles.
- Testing Strategies: Traders can use the BDSwiss demo account to test trading strategies. It is recommended to practice and test strategies before using them on a live trading account to gain experience and confidence without risking real money.
- Customer Support: BDSwiss’ multilingual customer support team is available 24/5 to provide assistance5. Users can specify their inquiry, including technical issues, and select their preferred language for support.
The BDSwiss demo account main features and characteristics are detailed in the table below.
| 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 |
What is the difference between a live and demo BDSwiss account?
The differences between BDSwiss demo and live accounts involve real vs. virtual funds and the presence of trading psychology in live trading. BDSwiss demo accounts simulate trading conditions but can’t replicate the emotional impact of real money. Slippage is present in live BDSwiss accounts but not in demo.
Demo accounts allow traders to practice in a risk-free environment, while in live accounts, traders trade with real money. This involves financial risks, as losses have a direct impact on traders’ capital.
Demo accounts try to replicate real market conditions, but factors such as commissions and slippage can lead to differences in the market execution compared to live trading. When trading in real, the lack of liquidity can produce differences between the requested order price and the order’s execution price, known as Slippage. This can sometimes occur during live trading, but does not occur on a demo account as all funds used are virtual.
In live accounts, traders encounter costs, such as commissions, spread and other transaction costs, which affect traders’ earnings, while in the demo account there are no transaction costs and commissions are low or equal to zero. For Live accounts, there is a 10% fee of your account balance after 90 days of inactivity, while the demo accounts are valid for 30 days without any cost.
How to switch from a BDSwiss demo to a BDSwiss live account?
There are three steps to switch from a BDSwiss demo to a BDSwiss live account. These are to provide proof of your identity, verify your account and make the first deposit. The different steps to switch from a BDSwiss demo to a BDSwiss live account are listed below.
First, you need to provide proof of your identity (Passport, ID or Driver License) and proof of your residence (Bill utility or bank statement) to get verified. Depending on the country, BDSwiss may ask more questions to check your trading experience.
Second, BDSwiss will verify your account. This step confirms that your identity and residence have been authenticated.
Finally, make your first deposit and start trading. The BDSwiss minimum deposit depends on your account type, it goes from $10 to $200. When switching to a live account, your demo will still be available.
How to best use a BDSwiss demo account?
To best use a BDSwiss demo account you have to set up the demo account as you would set up a real account, avoid opening large positions, treat money as if it were real, practice daily and use the learning materials offered by the broker.
Set up the demo account just as you would a real one by selecting the appropriate trading platform, currency, balance, and account type. This will help you create a realistic trading environment and prepare you for actual market conditions.
Avoid opening large positions unless you plan to trade with significant amounts of money in a real account. Treat the virtual funds as if they were real to develop disciplined trading habits and risk management skills.
Treat the virtual money in your demo account as if it were real. This mindset helps build discipline, emotional control, and risk management skills, which are essential for long-term success in trading.
Make practice a daily routine by engaging with the platform regularly. This will help you become familiar with its features and improve your trading strategies over time. Take advantage of the educational section provided by BDSwiss to enhance your knowledge.
Use the learning materials available through BDSwiss, including articles and video tutorials. These resources can help you understand market trends, technical analysis, and trading strategies, making your demo experience more effective.
What are the advantages of a BDSwiss demo account?
The advantages of a BDSwiss demo account are listed below.
- Good choice of trading platforms: allows traders to choose between MT4, MT5 and proprietary platform
- Renew the account: the account can be renewed every time the trader wants it
- Risk-Free Environment: allows traders to practice trading techniques and strategies without risking real money
- Knowing the platform: allows traders to learn and familiarize themselves with the platform offered by broker
What are the disadvantages of a BDSwiss demo account?
The disadvantages of a BDSwiss demo account are listed below.
- Trial duration: the BDSwiss demo accounts are valid for only 30 days
- Multiple Account: it is not possible to open multiple demo accounts with the same email address
- Ignoring risk management: traders use virtual money and may not fully understand the importance of risk management
- Lack of the psychological factor: it can lead to a false sense of security
To find out more about BDSwiss’ characteristics, features, pros and cons and opinions, check out our “BDSwiss review“.