Here is a more detailed look at the range of trading features the broker provides, and how they may impact your trading experience.
With executions, BDSwiss is an ECN/STP broker offering trading in CFDs. These types of brokers often collect prices from multiple liquidity providers to offer the best spreads to you as a trader. Due to the STP style, there is also no intervention from BDSwiss in placing your trade. This is a fast, efficient style favored by many traders. In fact, the broker executes a huge value of trades, around 56 million trades each year.
The minimum trade you can open at the broker is 1 micro lot. This is equal to 0.01 standard lots, or a cash value of $1,000. This is the minimum trade size, though if you employ leverage, you do not need to have this amount in total. Having said that, since the minimum deposit with the broker ranges from $100 to $5,000, you should have plenty of funds to enjoy a complete trading experience in all cases.
BDSwiss does allow you to engage in both scalping and hedging, while algorithmic trading is facilitated through use of the EAs feature on your MT4 trading platform.
The broker, through the trading platforms they provide, are able to facilitate a number of features to assist you with your risk management. This includes setting stop losses, trailing stops, and take profits to manage your active positions, while you can also set limit orders to control your entry position on new orders. 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 trading hours listed here for BDSwiss are all displayed on the website too and they are in GMT+3. Forex markets can be traded on a 24/5 basis Monday to Friday as can commodities.. Crypto trading is available 24/7, and other markets like stocks, indices, and bonds will depend on local trading hours. These trading especially on forex and commodities, may slightly vary depending on the asset you are trading.
Leverage is available with BDSwiss. This will depend both on the entity you are registered with, and the asset you are trading. Under the EU entity of BDSwiss which covers both CySEC and the FCA, your maximum leverage will be 30:1 unless you qualify for a professional account that will expand it to a 400:1 maximum. With the two offshore entities of the broker, BDS Ltd and BDS Markets, the maximum leverage you will be able to access is up to 500:1 on major forex pairs.
Platforms & Mobile
Every top broker needs to supply top trading platforms and tools. Here we will see exactly what is on offer in this regard when you are trading at BDSwiss.
Charting and Trading tools
The charting tools you will find at BDSwiss are all provided thanks to the MT4 and MT5 trading platforms available. These platforms are known as some of the strongest in the industry when it comes to offering these kinds of tools so you can expect a detailed and customizable experience with both these and the proprietary web trading platform. You will also have access to Autochartist on a limited basis if you have a BDSwiss Classic Traders account, or full access for VIP and Raw account users. This can really prove insightful and further enhance your trading experience.
BDSwiss Desktop Platforms
In terms of desktop trading platforms, both MT4, and MT5 are offered at BDSwiss. These are two of the most recognized and powerful trading platforms in the industry providing a wealth of tools. They are also easy to use, run on almost all devices without issue, and provide a great depth of more than 50 charting and trading tools as standard including a market sentiment indicator. These trading platforms will be available on both your windows and mac devices.
The BDSwiss WebTrader is the brokers own proprietary trading platform. This is extremely user-friendly and intuitive. There is also no need for a download of this platform. What it provides is support for more than 20 languages, a huge number of charting tools and functions, and some of the fastest trading execution in the industry with no requotes.
BDSwiss Mobile Platform
The BDSwiss mobile trading platform is award winning having picked up the Best Trading App award from Mobile Star in both 2018, and 2019. It features all of the best features of the desktop and web-based platforms and allows you to completely manage your account including deposits and withdrawals as well as interactive charting and trading. It is a powerful and popular mobile trading platform.
BDSwiss offers CFD trading only. There are over 200 assets available in total to trade. Here is a look at the exact assets available in each market.
BDSwiss provides for trading in more than 50 forex pairs. These include major, minor, and exotic pairs and the spread can start from as low as 0 pips with a $5 commission. If you want to trade without commission then the spread can start from 1.1 pips.
The broker provides trading in a total of 7 commodities assets. These include 4 metals that can be traded against the EUR or USD, and 3 energies in the form of natural gas, WTI, and Brent Oil.
A total of 10 indices from all around the world can be traded as CFDs. These include the EU50 and 3 other European stock exchanges on top of the NASDAQ, SPX, and US30 in the USA, and markets in Australia, the Uk, and Hong Kong.
Trading is made available in more than 140 stocks as CFDs in major companies from around the world. These stocks are listed on exchanges in both the US, and across Europe.
BDSwiss crypto offering includes a total of 20 crypto assets for trading. 11 of these cryptos can be traded against the USD as CFDs and you can also trade Bitcoin and Ethereum against the US Dollar, Euro, and Japanese Yen, again as CFDs.
Here is a more detailed look at other products you may encounter during your time trading with BDSwiss.
BDSwiss Proprietary Trading Platform
As explained above, these platforms are available both as a webtrader and on mobile. They are award-winning and support more than 20 languages in total. This, combined with a very user-friendly interface which is very easy to navigate make them both a popular and powerful choice. They both cater for an extensive number of charting tools and functions, provide super-fast order execution, and do not offer any requotes.
Social Trading – Copy Trading
At the moment, BDSwiss does not offer social or copy trading services with the exception of using your EAs feature through MT4 to employ strategies you find out from the trading community.