BDSwiss Review
BDSwiss is a well-regulated and dependable broker that offers clients a comprehensive trading experience. They offer competitive fees and a diverse asset portfolio. BDSwiss also provides tutorials and guides for both novice and experienced traders.
- Maryke Myburgh
Jump to:
Overview
Regulation and Safety of Funds
Awards and Recognition
Account Types and Features
Account Registration
Broker Comparison
Trading Platforms
Range of Markets
Fees
Deposit and Withdrawels
Education and Research
Bonuses and Promotions
Affiliate Programs
Customer Support
Social Responsibility
Final Verdict
Pros and Cons
FAQ
Min Deposit
USD 10
Regulators
FSCA, FSC, FSA, MISA
Trading Desk
MT4, MT5, WebTrader, BDSwiss app
Crypto
Yes
Total Pairs
53
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overview
We have closely followed BDSwiss’ development and are inspired by their ways. Since its inception in 2012, the broker has gained valuable experience in the competitive world of online trading.
BDSwiss has gradually expanded its global reach following regulatory approvals in key domains. “Best Trading Conditions” and “Best Market Research Provider” are just two of the many industry awards they have received.
BDSwiss provides an excellent resource set for traders of all experience levels. They provide clients with a team of experts who can assist with webinars, market analyses, and trading advice.
BDSwiss provides a steady stream of critical market data to alleviate these concerns and solutions for slow internet connections. They also provide a variety of locally relevant payment options.
BDSwiss has proven to be a trustworthy and forward-thinking brokerage firm. Their commitment to education, extensive service offerings, and flexibility in meeting Colombia’s specific needs make them a formidable market competitor.
Can Colombian traders trust BDSwiss, or is it a fly-by-night broker?
Yes, Colombian traders can trust BDSwiss as they have been in business since 2012 and are well-regulated by reputable financial watchdogs.
Is BDSwiss on top of market movements and shares info with Colombian clientele?
Yes, BDSwiss sources and provides a steady stream of critical market data to Colombian traders.
BDSwiss Review At a Glance
| 🗓Established Year | 2012 |
| 🪪Regulation and Licenses | CySEC, FSC, FSA, BaFin, Mwali International Services Authority |
| 🌟Ease of Use Rating | 4/5 |
| 💰Bonuses | None |
| ⏰Support Hours | 24/5 |
| 📊Trading Platforms | MetaTrader 4, MetaTrader 5, BDSwiss Web, BDSwiss Mobile |
| 📈Account Types | Cent, Classic, VIP, Zero Spread, Islamic, Demo |
| 💸Base Currencies | ZAR, USD, EUR, GBP, etc. |
| 📊Spreads | From 0.0 pips EUR/USD |
| 📈Leverage | 1:2000 |
| 💳Currency Pairs | 53; Minor, Major, and Exotic Pairs |
| 💰Minimum Deposit | 39,000 COP ($10) |
| 💸Inactivity Fee | Yes, 10% after 3 months |
| 🗣Website Languages | English, Czech, German, Italian, Spanish, Korean, French, Norwegian, Polish, Danish, Arabic, Malaysian, Thai, Vietnamese, Hindi, Indonesian, Chinese, Portuguese, Romanian, Turkish, Russian |
| ⚖️Fees and Commissions | Spreads from 0.0 pips, commissions from $2 on Indices |
| 📚Affiliate Program | Yes |
| 🏛️Banned Countries | The United States, Belgium, and other OFAC-sanctioned regions |
| 💻Scalping | Yes |
| 🔎Hedging | Yes |
| ✴️Trading Instruments | Forex, Commodities, Shares, Indices, Cryptocurrencies |
| 👉 Open Account | Open Account |
Regulation and Safety of Funds
As thorough reviewers, we have examined BDSwiss’ security procedures in-depth to guarantee the protection of Colombian traders. While BDSwiss is not subject to Colombian regulation, it does follow the rules laid out by prestigious financial bodies like CySEC, FSC, FSA, BaFin, and the Mwali.
Therefore, customer security is prioritized by these agencies as they apply stringent regulations.
Furthermore, the confidentiality and integrity of BDSwiss’ clients’ personal and financial data are guaranteed by BDSwiss’ use of advanced encryption technologies.
Their information technology systems are designed to withstand cyber-attacks with strong firewalls and secure architecture, updated often.
Separating client cash from operating finances helps BDSwiss reduce the danger of business insolvency or abuse. On top of that, they have a feature that stops traders’ accounts from going negative in times of market volatility.
In compliance with rules about anti-money laundering and counter-terrorism funding, BDSwiss requires all clients to produce identification and address evidence during the account verification and registration processes.
In our experience, both traders and the brokerage stand to gain from these precautions, which are essential for maintaining a safe trading environment.
Therefore, based on our findings, If Colombian traders are looking for a dependable trading platform, BDSwiss is a good bet because of its thorough security measures, risk management features, and compliance with regulatory regulations.
Regulation in Colombia
BDSwiss is not regulated by Colombia’s Superintendencia Financiera de Colombia or “SFC” (Financial Superintendence of Colombia). However, BDSwiss’ global regulations are listed in the table below:
Global Regulations
| 🏛️Registered Entity | 🌎Country of Registration | 🔎Company reg. | 🔎Regulatory Entity | 📈Tier | 🪪License Number/Ref |
| BDS Markets | Mauritius | – | FSC | 3 | 199/13 |
| BDS Ltd | Seychelles | – | FSA | 3 | C116016172 |
| BDSwiss GmbH | Germany | – | BaFin | 1 | 10134687 |
Protection of Client Funds
| 🛡️Security Measure | 🖺Information |
| Segregated Accounts | Yes |
| Compensation Fund Member | No |
| Compensation Amount | None |
| SSL Certificate | Yes |
| 2FA (Where Applicable) | Yes |
| Privacy Policy in Place | Yes |
| Risk Warning Provided | Yes |
| Negative Balance Protection | Yes |
| Guaranteed Stop-Loss Orders | Yes |
Is BDSwiss regulated in Colombia?
No, BDSwiss is not regulated in Colombia but by several other reputable entities like CySEC, FSC, FSA, and BaFin.
Can Colombian clients be sure that their data is secure with BDSwiss?
Yes, BDSwiss protects Colombian traders’ data secured with encryption.
Awards and Recognition
BDSwiss has won several awards since 2022:
- Fastest Growing Forex Broker award at the Fastbull 2024 Trading Influencers Awards in Singapore
- An Industry Excellence Award at the Mandarin Oriental in Kuala Lumpur
- Best FX Educational Broker Award at the Forex Expo Awards in 2023
- Best IB/Affiliate Program at the UF AWARDS Global 2023
- Best Global Partnership Program for 2023
- Best Forex Research and Education Provider award at the UF AWARDS
- Best Research and Education Provider – LATAM, 2024, by Ultimate Fintech
- Fastest Deposits and Withdrawals accolade at the Forex Expo
- Best Global Partnership Program and Best Forex Research and Education Provider from the UF AWARDS.
Account Types
| Cent | Classic | VIP | Zero Spread | |
| ⚖️Availability | All, but suited to beginners | All | All, but suited to more experienced traders | All; but ideal for scalpers |
| 📈Markets | Forex, Stocks, Indices, Commodities, Crypto CFDs | Forex, Stocks, Indices, Commodities, Crypto CFDs | Forex, Stocks, Indices, Commodities, Crypto CFDs | Forex, Stocks, Indices, Commodities, Crypto CFDs |
| 💳Commissions | $2 on indices, 0.15% on shares | $2 on indices, 0.15% on indices | $2 on indices, 0.15% on indices | $2 on indices, 0.15% on indices, $6 on Forex and commodities |
| 💻Platforms | All | All | All | All |
| 📊Trade Size | From 0.01 lots | From 0.01 lots | From 0.01 lots | From 0.01 lots |
| 📈Leverage | 1:2000 | 1:2000 | 1:2000 | 1:2000 |
| 💰Minimum Deposit | 39,000 COP ($10) | 39,000 COP ($10) | 970,000 COP ($250) | 390,000 COP ($100) |
BDSwiss Cent Account
Due to its strict risk management policies, the BDSwiss Cent Account’s micro-lot trading feature is especially appealing to inexperienced Colombian traders.
Its educational resources assist those who are just getting started by expanding their knowledge and assisting them in establishing a solid trading foundation.
Even though spreads are slightly higher (beginning at 1.6 pips), the advantages of education and reduced risk outweigh this minor disadvantage.
BDSwiss Classic Account
The BDSwiss Classic Account is available to traders who have advanced beyond the beginner stage and want to engage in more serious market activity. Spreads start at 1.5 pips, so this option balances price and accessibility to a wide range of trading instruments.
Providing research tools and personalized account management, it also assists traders in strengthening their understanding of the market and customizing their trading experience.
BDSwiss VIP Account
The BDSwiss VIP Account offers an appealing opportunity for Colombian traders looking to advance their trading careers. This account is intended for traders who want to keep their trading costs as low as possible, with spreads beginning at a competitive 1.1 pips.
Providing traders with customizable trading signals improves the trading experience, especially for those who want quick, personalized insights into market trends.
BDSwiss Zero-Spread Account
The BDSwiss Zero-Spread Account is the ideal trading account for experienced traders. It appeals to regular traders who want to avoid the costs of larger spreads, as it offers spreads as low as 0.0 pips.
We remind Colombians that trade commissions apply. As a result, this is only appropriate for experienced traders who use high-frequency trading strategies, understand market dynamics, and want to maximize their trading efficiency.
BDSwiss Demo Account
We discovered that the Demo Account was a standout feature, particularly among Colombian traders. It is a full-fledged platform that provides users with virtual funds of up to $1,000,000, allowing traders to experiment with large trading volumes without fear of losing money.
The BDSwiss Demo Account provides a realistic trading environment with tools, charts, and information on actual trading platforms such as BDSwiss WebTrader and MetaTrader 4.
We like that the demo account is available for 30 days, which we believe gives users enough time to thoroughly examine the platform’s features and experiment with trading strategies.
BDSwiss Islamic Account
The BDSwiss Islamic Account is designed to meet the unique needs of Muslim traders worldwide, not just in Colombia.
According to our research, this account eliminates exchange fees against Islamic financial standards. Rather, BDSwiss adheres to Sharia regulations by using a fixed fee structure for holdings held for more than ten days while remaining relevant to modern financial markets.
The Islamic Account has competitive rates that can significantly impact profitability, with spreads as low as 1.3 pips for the Classic account and 1 pip for the VIP account.
This account gives you access to diverse trading products and is not restricted to a single trading platform or market.
Can Colombian traders still test the markets and open an account with BDSwiss?
Colombian traders still testing the market should open the Cent Account with BDSwiss.
With which BDSwiss account can you keep costs the lowest?
With spreads beginning at a competitive 1.1 pips, you can keep costs the lowest with the BDSwiss VIP account, but it is intended for experienced traders.
Broker Comparison
| 🥇 BDSwiss | 🥇 AvaTrade | 🥇 CMTrading | |
| 🗺️ Regulatation | CySEC, FSC, BaFIN, FSA | CySEC, FCA, South Africa FSCA, the Seychelles FSA, the BVI Financial Services Commission and the Central Bank of Curaçao | FSA, FSCA |
| 💻 Trading Platform | MetaTrader 4 MetaTrader 5 BDSwiss Mobile BDSwiss Web | AvaTrade WebTrader AvaTradeGO AvaOptions AvaSocial MetaTrader 4 MetaTrader 5 DupliTrade ZuluTrade | MetaTrader 4 CMTrading Web CopyKat |
| 💰 Withdrawal fee | No | No | Yes |
| 💳 Demo Trading Account | Yes | Yes | Yes |
| 💰 Minimum Deposit | 39,000 COP ($10) | 390,000 COP ($100) | 390,000 COP ($100) |
| 📊 Leverage | Up to 1:1000 | 1:30 (Retail) 1:400 (Pro) | 1:200 |
| 💰 Spreads | From 0.0 pips | Fixed, from 0.9 pips | From 0.9 pips |
| 🚀 Commissions | From $2 | None; only the spread is charged | None; only the spread is charged |
| 📊 Margin Call/Stop out | 50%/20% | 25% – 50% (M) 10% (S/O) | From 20% |
| 📊Order Execution | Instant/Market | Instant | Market |
| ❌No-Deposit Bonus | No | No | No |
| 🪙Cent Accounts | Yes | No | No |
| 📒 Account Types | Cent Account Classic Account VIP Account Zero Spread Account | Standard Live Account Professional Account Option | Bronze Account Silver Account Gold Account Premium Account |
| 🏛️SFC Regulation | No | No | No |
| 💰COP Deposits | Yes | Yes | Yes |
| 💻COP Account | No | No | No |
| 📞Customer Service Hours | 24/5 | 24/5 | 24/5 |
| 💳Retail Investor Accounts | 4 | 1 | 4 |
| ☪️Islamic Account | Yes | Yes | Yes |
| 💰Minimum Trade Size | 0.01 lots | 0.01 pips | 0.01 lots |
| 💸Maximum Trade Size | 50 lots | Unlimited | Unknown |
| ⏰Minimum Withdrawal Time | Instant | 24 to 48 Hours | Instant |
| ⏲️Maximum Estimated Withdrawal Time | Within 24 hours | Up to 10 days | Up to 3 working days |
| 💳Instant Deposits and Instant Withdrawals? | Yes | No | Yes, deposits and withdrawals |
| 👉Open Account | Open Account | Open Account | Open Account |
How To Open a BDSwiss Account
The process involved with registering a BDSwiss account takes only a few minutes, and here’s how we did it:
Step 1 – Visit the official website of BDSwiss
To start the account registration process, Traders can visit BDSwiss official website and click the “Sign up” option from the top toolbar.
Step 2 – Complete Personal Information
Complete the electronic application form by providing personal details, contact information, and tax residency. This will start the account setup process.
Step 3 – Complete KYC
Please ensure your ID and proof of address are readily available for uploading.
You can customize your trading settings to suit your preferences. Adjust your leverage base currency and choose your preferred trading platform from options like MT4, MT5, or BDSwiss’ proprietary platform.
Please review and accept BDSwiss’ terms and conditions regarding account opening, trading policies, and data protection.
After submitting your information, you must follow BDSwiss’ verification procedures to verify your account.
Upload the required documents to verify your account, including your government-issued ID or password (some platforms might even ask for your Driver’s license), utility bill, or credit card statement.
Give BDSwiss a day or two to review the information and documents. You will be notified once your account is approved.
Can I use an e-wallet as a payment method when I register an account with BDSwiss online?
Yes, you can use e-wallets such as Skrill or Neteller when you open a BDSwiss account online.
How much money do Colombian traders need to start trading with BDSwiss?
The minimum amount Colombian traders need to start trading with BDSwiss is 38647,40 COP ($10).
BDSwiss Trading Platforms
They offer the following trading instruments and products:
We were amazed by BDSwiss’ flawless integration of proprietary and third-party platforms (MetaTrader 4 and 5). These dependable, feature-rich platforms enable Colombian traders to trade the entire range of instruments available across all accounts.
Continue reading to learn about the features and advantages of these platforms:
MetaTrader 4
Our trading experience on BDSwiss’ MetaTrader 4 platform was excellent. We were especially impressed with how well it integrated with BDSwiss’ WebTrader platform, which allows us to manage our trades and monitor prices in real-time from any device.
Furthermore, we believe traders can benefit from BDSwiss’ specialized analytical tools, which offer deeper insights into market movements and are integrated into the MT4 platform.
Another impressive feature of the platform is its ability to process orders quickly. It ensures that transactions are completed quickly, competitively, and with minimal slippage. This is critical for Colombian traders who operate in volatile markets and rely on accurate transaction execution.
Trading is made easier for both novice and experienced traders thanks to BDSwiss’ user-friendly MT4 order window, which automatically calculates position size, leverage, and required margin.
MT4 at BDSwiss is an excellent choice for Colombian traders seeking a powerful and effective trading platform because it combines advanced features with a user-friendly trading environment.
MetaTrader 5
We discovered that BDSwiss provides a wider range of CFD instruments for MetaTrader 5, allowing Colombian traders to diversify their portfolios across multiple asset classes easily.
The website allows users to improve their trading strategies by providing various options that cover cryptocurrencies, stocks, commodities, and indices in one place.
BDSwiss can be proud of its back-end infrastructure for the MT5 platform, allowing you to trade multiple instruments simultaneously with no slippage and lightning-fast order execution.
This feature is useful for traders using high frequency trading techniques, necessitating a platform that can handle complex demands.
The BDSwiss MT5 platform includes a number of indicators and visual tools to help identify price patterns and support/resistance levels, allowing for more precise market analysis.
BDSwiss Mobile
Traders can trade hundreds of Forex and CFD products while on the go and manage their accounts using the BDSwiss Mobile app, which impressed us with its extensive features.
Real-time quotations and interactive charts give traders access to the most up-to-date market data, regardless of location. One of the most notable features of the BDSwiss Mobile app is its extensive trading and transaction history.
Our experience suggests that this tool is essential for any Colombian trader whose strategy needs to be adjusted over time. Because the app’s deposit and withdrawal features are designed to facilitate quick and easy capital management, Colombian traders can quickly capitalize on market fluctuations.
BDSwiss Web
Exploring BDSwiss WebTrader revealed a powerful web-based trading solution that can be accessed from any web browser without downloading. Because the platform is fully synchronized with downloaded MT4 versions, it provides continuous access to the trading environment.
Based on our observations, the integrated Trends Analysis feature is especially useful for Colombian traders because it thoroughly evaluates market opportunities and forecasts future price patterns.
Overall, the platform’s order window and ultra-fast order execution without requotes ensure efficient trading in the fast-paced trading environment in which traders frequently find themselves.
How many trading platforms are available with BDSwiss?
BDSwiss offers the two well-known MetaTrader platforms (MT4 and MT5) and their own mobile and web-based platforms.
What outstanding features does BDSwiss Web have as a platform?
BDSwiss Web is fully synchronized with downloaded MT4 versions, and it has an integrated Trends Analysis feature and ultra-fast order execution, all especially useful for Colombian traders.
BDSwiss Range of Markets
While BDSwiss’ range of markets seems limited, over 250 CFDs and Forex instruments can be traded. In our experience, this gives Colombian traders the flexibility they need to diversify their portfolios and spread their risk across markets.
Commodities
Colombian traders at BDSwiss can trade in a range of commodities, including gold, silver, and energy commodities like oil. The potential for substantially amplified investment profits is present with leverage up to 1:500.
One perk for Colombians is that they can invest in commodities to protect themselves. During economic downturns, these commodities are typically considered safe bets. If you want to protect your portfolio from the depreciation of the local currency, this method is for you.
Indices
Colombian traders can take advantage of the economic performance of other nations with BDSwiss’ access to more than 20 important global indices, such as the US30, GER30, and UK100. Market exposure can be maximized with relatively minimal cash thanks to leverage up to 1:200.
One notable aspect of global investment for Colombians is the ability to access overseas markets without requiring in-depth information about specific stocks. Expanding their business beyond Colombia’s market may find this attractive.
Crypto CFDs
Colombian traders can use BDSwiss to trade Forex on over 20 cryptocurrencies, including Ripple, Bitcoin, and Ethereum, with leverage of up to 1:5.
This is a boon for Colombians who are curious about cryptocurrency but concerned about its security and extreme volatility. You can speculate on the price movements of cryptocurrencies with crypto CFDs without owning them, reducing the danger of theft.
Overall, we believe that traders looking to minimize risk yet still get exposure to the potential growth of the cryptocurrency industry will find this technique appealing.
Stocks
With leverage of up to 1:5, Colombian traders can engage in the equities markets of developed economies through BDSwiss’ CFDs on more than 140 stocks from leading businesses like Apple, Amazon, and Google.
As a result, Colombians can put their money into foreign companies they already know and trust, which could lead to better trading choices.
Furthermore, unlike conventional stock investments, trading stock CFDs provides the opportunity to earn from both rising and falling markets. During times of market uncertainty, this is especially helpful.
Forex
If you’re interested in forex, BDSwiss offers more than 50 different pairs, including major, minor, and exotic pairings, with leverage levels up to 1:2000.
Currency traders who keep tabs on regional economic data may find this feature very helpful. In addition, Brazilian traders can take advantage of BDSwiss’ 24/5 market access to respond swiftly to worldwide market shifts and news developments.
BDSwiss Leverage and Margin
During our analysis of BDSwiss’ leverage and margin offerings for Colombian traders, it was discovered that the broker offers a maximum leverage of up to 1:2000, among the highest in the industry.
By utilizing leverage, traders have the ability to amplify their trading potential and seize more opportunities in the market. It’s important to remember that greater leverage comes with increased risk.
BDSwiss employs a dynamic leverage model that automatically adjusts according to the size and type of positions being traded. Traders can effectively manage their risk and capital by utilizing this feature, as it calculates the required margin to open positions in real time and adjusts it according to market conditions.
In our experience, a solid grasp of margin is crucial for traders, as it signifies the necessary capital to initiate a trade and is not a fee but rather a portion of the trader’s equity reserved for trading purposes.
Understanding margin requirements is crucial for traders as it directly affects the size and number of trades they can safely execute.
The leverage offered by BDSwiss can potentially increase both profits and losses, so it’s important to be aware of the risks involved.
Overall, BDSwiss allows Colombian traders to utilize high leverage and dynamic margin options. These features can be valuable if used responsibly and with a clear understanding of the potential risks and a well-thought-out trading strategy.
Furthermore, BDSwiss’ approach is carefully crafted to offer traders the flexibility and support they need to navigate the complex world of financial markets.
What is the highest leverage that Colombian traders can use when trading on BDSwiss markets?
The highest leverage that can be used with BDSwiss is 1:2000 but the ratio will depend on the kind of trade.
Are Colombian traders guarded against negative balances with BDSwiss?
Yes, Colombian traders can trade with the assurance that BDSwiss applies automatically executed margin calls when they use MetaTrader for trading.
Min Deposit
USD 10
Regulators
FSCA, FSC, FSA, MISA
Trading Desk
MT4, MT5, WebTrader, BDSwiss app
Crypto
Yes
Total Pairs
53
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
BDSwiss Fees
According to our analysis of BDSwiss’ pricing, the broker is quite clear about their fee structure:
BDSwiss Spreads
We discovered that the spreads on various instruments demonstrate BDSwiss’ commitment to providing affordable trading to clients.
Spreads vary according to market conditions, so Colombian traders can easily take advantage of attractive spreads on popular currency pairs such as EUR/USD, which can be as low as 0.01 pips.
BDSwiss Commissions
BDSwiss’ commissions are designed to accommodate a variety of trading methods and account types. For the Cent and Classic accounts, indices are charged a $2 fee, and shares are charged a 0.15 percent commission.
Shares in the VIP account are also subject to a 0.15 percent fee. Forex and commodities transactions using the Zero Spread account incur an additional $6 fee for indices and equities.
We believe this tiered commission scheme will allow Colombian traders to keep their trading expenses under control.
BDSwiss Overnight Fees
For positions held after the daily closing time, BDSwiss adds overnight costs known as swap fees, which vary depending on whether you go long or short on a specific instrument.
A swap charge could be -8.0 for a long position in EUR/USD or -12.53488 for a short position in USD/SGD.
BDSwiss Deposit and Withdrawal Fees
Colombian traders benefit from BDSwiss’ lack of deposit and withdrawal fees.
BDSwiss Inactivity Fees
Colombians will be charged an inactivity fee of 10% of their account balance if they have not used their account in more than three months.
BDSwiss Currency Conversion Fees
Colombian traders should consider currency conversion costs if they trade instruments in denominations other than their base currency. Fortunately, COP is accepted as currency by BDSwiss.
What will happen if my BDSwiss account is idle because I haven’t traded for some time?
If you don’t trade for longer than 3 months, BDSwiss will charge an inactivity fee equal to 10% of the account balance, which can empty your account if you leave it like that.
Do I have to worry about conversion fees?
No, as a Colombian, you don’t have to worry about conversion fees, as BDSwiss accepts COP as payment currency.
BDSwiss Deposit & Withdrawal Options
| 💳Payment Method | 🌎Country | 🪙Currencies Accepted | ⏰Processing Time |
| Credit/Debit Card | All | EUR, GBP, USD | Instant Deposits, Withdrawals in 24 hours |
| Electronic Funds Transfer (EFT) | South Africa | ZAR | Instant Deposits, Withdrawals in 24 hours |
| Korapay | Nigeria | NGN | Instant Deposits, Withdrawals in 24 hours |
| Mobile Solutions (OZOW, M-PESA, Vodafone, Airtel, TiGO, MTN, etc.) | South Africa, Kenya, Ghana, Tanzania, Uganda, Benin, Burkina Faso, Ivory Coast, Guinea-Bissau, Mali, Niger, Senegal, and Togo | ZAR, KES, GHS, TZS, XOF, UGX | Instant Deposits, Withdrawals in 24 hours |
| Electronic Wallets (GCash, Pay Maya, etc.) | Thailand, Indonesia, Philippines, Vietnam, Malaysia | THB, IDR, PHP, VND, MYR | Instant Deposits, Withdrawals in 24 hours |
| Pix | Brazil | BRL | Instant Deposits, Withdrawals in 24 hours |
| Beeteller | Brazil, Colombia, Colombia, Costa Rica, Mexico, Peru, Guatemala | BRL, CLP, COP, CRC, MXN, PEN, GTQ, USD | Instant Deposits, Withdrawals in 24 hours |
| Cryptocurrency Wallets | All | BTC, BCH, ETH, PAX, TUSD, USDT, USDC, LTC, XRP, DASH, ZCASH, ADA | Instant Deposits, Withdrawals in 24 hours |
| Bank Wire Transfer | All | EUR, USD, GBP, PLN, CHF, SEK, DKK, NOK | 1 -5 days on deposits, Withdrawals in 24 hours |
BDSwiss Deposits
How to Deposit using Bank Wire Step by Step
- After logging into your BDSwiss account, navigate to the “Deposit” section.
- Choose “Bank Wire Transfer” from the menu.
- Obtain the account number, SWIFT/BIC code, and bank name for BDSwiss.
- To initiate a wire transfer from your bank, enter the BDSwiss banking information provided above.
- Enter the desired deposit amount in the currency associated with your account.
- Complete the deposit and store the receipt or confirmation number for later use. The funds should appear in your trading account in one to five business days.
How to Deposit using Credit or Debit Card Step by Step
- Navigate to the “Deposit” tab in your BDSwiss trading account.
- Choose “Debit/Credit Card” from the list of options.
- Provide accurate credit card details (number, expiry date, CVV code, etc.).
- To make your deposit, please choose one of the available currencies: EUR, GBP, or USD.
- Complete the transaction. When you make a deposit, you should be able to see the funds in your trading account right away because they are usually processed instantly.
How to Deposit using Cryptocurrency Step by Step
- To initiate a deposit, log into your BDSwiss account.
- To make a deposit, choose “Cryptocurrency Wallet.”
- Enter your preferred cryptocurrency type into the corresponding field (BTC, ETH, etc.).
- Obtain and copy the BDSwiss wallet address.
- Enter the address of your own cryptocurrency wallet and supply it to BDSwiss.
- Enter the amount of your deposit.
- Finalize and confirm the transaction. While most deposits are instant, blockchain network confirmation may affect how quickly money appears in your account.
How to Deposit using e-Wallets or Payment Gateways Step by Step
- Once logged into your BDSwiss account, go to the “Deposit” section.
- Choose an electronic wallet from the options provided.
- Choose your desired deposit amount and currency.
- You will be directed to the gateway or e-wallet of your choosing.
- Log in to complete your deposit. The deposited funds will be processed and promptly credited to your BDSwiss account.
BDSwiss Withdrawals
How to Withdraw using Bank Wire Step by Step
- After logging in, go to the ‘Withdrawal’ section of your BDSwiss account.
- To withdraw money, use the “Bank Wire Transfer” option.
- Please include your account number and SWIFT or BIC code in the required fields when filling out your banking information.
- Enter the amount you want to take out.
- Forward the withdrawal request. While BDSwiss strives to process withdrawals in less than a day, your bank may take several days to post the funds to your account.
How to Withdraw using Credit or Debit Cards Step by Step
- Enter your BDSwiss account to begin a withdrawal.
- When withdrawing cash, select “Credit/Debit Card.”
- You can make deposits with the same card you used or a new one.
- Tell us how much you want to withdraw.
- Verify the information and send your withdrawal request. Because of how banks handle transactions, even though BDSwiss processes withdrawals to credit or debit cards within 24 hours, the funds may take a few days to appear on your card.
How to Withdraw using Cryptocurrency Step by Step
- After logging in to your BDSwiss account, select “Withdrawal.”
- Select “Cryptocurrency Wallet” as your preferred method for withdrawing funds.
- Select the coin you want to take out.
- Choose an address for your external wallet.
- Please indicate the desired amount to be withdrawn.
- Verify that all of the information is correct before submitting the withdrawal request. BDSwiss will process your cryptocurrency withdrawal request within one day, and depending on the speed of the blockchain network, the funds should be available in your external wallet.
How to Withdraw using e-Wallets or Payment Gateways Step by Step
- After logging in to your BDSwiss account, select “Withdrawal.”
- Choose the digital wallet from which you made the deposit.
- Enter the amount you want to take out.
- The website of your e-wallet will be accessed, allowing you to confirm the withdrawal details.
- Check and grant withdrawal permission. The funds should be available in your e-wallet almost immediately after processing, as BDSwiss completes these withdrawals in less than a day.
Can Colombian traders pay deposits to BDSwiss in their local currency?
Yes, Colombian traders can use Colombian pesos (COP) to fund their accounts with BDSwiss.
Are there any withdrawal fees for Colombian traders on BDSwiss?
No, Withdrawals does not incur a fee with BDSwiss.
Min Deposit
USD 10
Regulators
FSCA, FSC, FSA, MISA
Trading Desk
MT4, MT5, WebTrader, BDSwiss app
Crypto
Yes
Total Pairs
53
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Educational Resources
BDSwiss is one of the best brokers in terms of educational materials, tools, and resources. Here’s what traders can expect when they explore the BDSwiss website.
Live Education
Live education seminars by BDSwiss are tailored to provide Colombian traders with up-to-the-minute information and actionable tactics. In addition to providing extensive material, these workshops also modify trading principles to fit specific regional markets.
This method helps Colombian traders understand the impact of global trends on their plans, connecting theory with practice and taking into account the specific dynamics of their market.
Trading Alerts
The trading alerts service from BDSwiss is exceptional since it gives traders practical advice and possible trade settings.
Our evaluation uncovered relevant and timely notifications, which is great news for Colombian traders who are navigating the local market and need to respond quickly to unexpected changes.
Market Analysis Review
For Colombian traders looking for expert comments and in-depth research of market movements, BDSwiss has you covered with their market analysis reviews.
The in-depth analysis was greatly appreciated, particularly the emphasis on economic metrics important to Colombian investors. They better understand the possible effects on regional and local financial markets from this vantage point.
Learning centres
Traders of all skill levels can benefit from BDSwiss’ extensive instructional platforms, known as learning centers.
Our research revealed a well-organized curriculum with materials designed for Colombian traders’ unique needs. Everyone in the region, from beginners to seasoned pros, will benefit from the educational content because of its inclusion.
Forex Glossary
If you’re just starting out in the foreign exchange market, you’ll find the BDSwiss Forex Glossary invaluable. To lay a solid groundwork for comprehending the intricate vocabulary utilized in trading, this glossary is an indispensable resource.
Live Webinars
From basic ideas to advanced trading methods, BDSwiss’ live webinars provide informative and entertaining material. Webinars like these help Colombian traders improve their decision-making abilities by providing them with market-specific insights.
Educational Videos
From basic platform training to in-depth technical analyses, BDSwiss’ educational video library has you covered with clear, concise, and incredibly helpful content. Colombian traders will find this resource easy to assimilate and put to good use as they seek to increase their expertise.
Forex Basic Lessons
The Forex Basic Lessons are a good starting place for Colombian traders since they cover the basics of Forex trading and provide examples of using what you’ve learned. They have a better understanding of the global FX scene through these sessions.
Daily Videos
Colombian traders might benefit from BDSwiss’ daily videos since they update market conditions and advise them about short-term market trends. This allows them to stay up-to-date with the news and make trading selections with more knowledge.
Forex eBooks
For those who like to study at their own speed and go into more detail about specific subjects, BDSwiss has a variety of forex eBooks available for purchase.
Traders in Colombia can study at their own speed with the help of these eBooks, which cover topics including market research and trading tactics.
Seminars
For the purpose of group education, BDSwiss hosts seminars both in-person and online. Local traders in Colombia might benefit from these seminars by learning more about subjects directly related to the market and connecting with other field experts.
Weekly Outlook
To aid Colombian traders in planning their trading week, BDSwiss provides a weekly outlook that predicts possible market movements for the coming week. Particularly helpful for their trading methods is the emphasis on events and data releases that are relevant to those strategies.
Does BDSwiss provide educational resources to trade successfully?
Yes, BDSwiss provides several beginner-friendly educational options and information valued by experienced traders.
Does BDSwiss provide any videos that Colombian traders can watch to learn more about trading?
Yes, BDSwiss offers several online videos for Colombian traders to use in their trading and learning process.
Bonuses and Promotions
Our investigation reveals that BDSwiss does not provide discounts or incentives to its Colombian clients. Nonetheless, BDSwiss has a highly profitable affiliate network that converts potential customers into active participants.
Are there any trading incentives for referring new Colombian clients to BDSwiss?
No. BDSwiss does not provide a referral program for retail traders. BDSwiss solely provides an IB rebate program to its partners.
Is BDSwiss offering any special promotions related to market events for Colombian clients?
No. When we evaluated BDSwiss’ website, we found no indication of special promotions related to market events.
Affiliate Programs
Features
Through extensive research, we discovered that Colombian financial landscape offers the BDSwiss Affiliate Program a favorable environment, especially in its internet and financial sectors.
Colombian affiliates who can use their digital platforms to earn commissions using various strategies will find this program intriguing.
With BDSwiss’ strong infrastructure, a dedicated partner relationship manager, and 24/5 multilingual support, the BDSwiss Affiliate Program offers its affiliates comprehensive support.
This can give Senegalese affiliates the resources and support they need to handle their recommendations properly.
Furthermore, the program’s astounding 36% average conversion can easily maximize revenue from online traffic routed to BDSwiss’ trading platforms.
Overall, in our opinion, because of the program’s high conversion rate, which indicates its efficacy in the Colombian market, local digital influencers and financial educators who want to increase their revenue streams could find it a viable option.
How to Register an Affiliate Account with BDSwiss Step-by-Step
Traders can register to become affiliates with BDSwiss by following a few easy steps. However, before registering, ensure that you review the affiliate program features, terms and conditions, and commission structure to ensure that it aligns with your strategies as an affiliate.
Here’s how you can register an affiliate account with BDSwiss:
👉Step 1 – Select Partnership Programme.
Find the “Partners” or “Affiliate Program” section of the BDSwiss website. You can usually find this part of the menu up top. Select “Become a Partner” or “Affiliate Registration” from the list of banners in the Partner Program area. The affiliate registration form will load immediately.
👉Step 2 – Select Partner or Affiliate Option
Select “Become a Partner” or “Affiliate Registration” from the list of banners in the Partner Program area. The affiliate registration form will load immediately.
👉Step 3 – Complete Form.
The registration form will request your name, email address, and phone number. Once you have provided all the necessary information, verify it is accurate. After that, hit the “Submit” button, and BDSwiss will get back to you once they’ve reviewed your application.
After reviewing your application, BDSwiss might ask for additional documents or information to confirm your identification. You will get a confirmation email with additional information if your application is accepted. Your affiliate dashboard will be available to you after the verification process is complete. On this dashboard, you will find all the tools you need to manage your referrals, keep tabs on your profits, and promote BDSwiss.
Do I need to have a marketing strategy ready if I apply to become a BDSwiss affiliate?
Although it might not be necessary, it will surely help to have a marketing strategy ready to convince the broker that you would be a worthwhile affiliate.
Can I join the BDSwiss Affiliate Program if I don’t have a website but have social media accounts with thousands of followers?
Yes, if you think you may attract traders to the broker with your social media, you can apply to join the BDSwiss Affiliate Program.
Customer Support
| 📞Customer Support | 🗣️Customer Support |
| ⏰Operating Hours | 24/5 |
| 🗣️Support Languages | English, French, Italian, Spanish, German, Portuguese |
| 🗨️Live Chat | Yes |
| 📧Email Address | Yes |
| 📞Telephonic Support | Yes |
| 🌟The overall quality of their Support | 5/5 |
BDSwiss Response Time
| Support Channel | Average Response Time | User-based Response Time |
| 📞Phone | 5 minutes | 2 – 3 minutes |
| 24 – 48 hours | Same day | |
| 🗨️Live Chat | 3 – 5 minutes | 3 minutes |
| #️⃣Social Media | 3 – 5 minutes | 5 minutes |
| 🗣️Affiliate | 24 – 48 hours | 24 hours |
Can Colombian traders communicate easily with BDSwiss if they need help?
Yes, as BDSwiss provides customer service in Spanish, Colombians should have no problem communicating with the broker.
Can Colombian traders contact BDSwiss customer support via Social media?
Yes, Colombian traders may use social media to contact customer service, but they must be willing to wait up to 48 hours for a response.
Social Responsibility
Our analysis of BDSwiss’ CSR initiatives reveals an impressive commitment to global community projects, demonstrating the company’s dedication to positive change.
A notable example is BDSwiss’ participation in Cyprus’ 6th Spring Festival in April 2024, where they assisted in bringing the community together to enhance local traditions and cultural festivities.
Cyprus office employees participated in the 2024 Limassol Marathon, emphasizing teamwork and corporate wellness. One of BDSwiss’ most successful CSR initiatives was sponsoring a Limassol charity music night in February 2024, which raised funds for local charities.
BDSwiss also donated computer stations to “Funraising.” during the 2023 holidays to help children with their education. In December 2023, BDSwiss participated in Limassol’s “365 Charity Run Walk,” demonstrating its dedication to community fitness and health.
According to our findings, BDSwiss is heavily involved in community development and social welfare.
Conclusion
Following a thorough examination, we concluded that BDSwiss is an excellent platform for Colombian traders due to its strong regulatory controls, diverse account options, and extensive trading tools.
Colombian traders should be at ease because BDSwiss meets several regulatory requirements and is committed to providing a secure trading environment. Because of its flexible leverage structure and low account spreads, the broker caters to traders of all levels of experience and risk tolerance.
BDSwiss’ noteworthy products include educational resources and trading instruments. Colombian traders can access knowledge via live webinars, Forex eBooks, and cutting-edge tools like AutoChartist.
Investors who care about social issues will also appreciate BDSwiss’ commitment to its values, as evidenced by its participation in CSR initiatives. The broker’s enticing affiliate program and large monthly payouts to affiliates more than compensate for Colombian traders’ lack of promotional opportunities.
Moreover, BDSwiss supports the Colombian Peso, thus providing local traders with a local deposit or withdrawal option.
Even though there are a few areas where the company could improve its services for the Colombian market, we discovered that BDSwiss can be a good option for Colombian traders due to its strong educational support, transparent fee structures, and dependable customer service.
BDSwiss User Comments and Reviews
“It is fantastic to trade with BDSwiss. Even when I complained about waiting for a withdrawal to clear, they handled my wrath professionally.”
” Their customer service is excellent, and it is simple to withdraw money.”
“BDSwiss is the best in my country.”
“They are quick to help, it is easy to deposit, and withdrawals don’t take too long.”
Our Recommendations on BDSwiss
Depending on their trading strategy and risk tolerance, we think BDSwiss is the best option for Colombian traders; however, there are still certain things the broker could do better. Here are our suggestions:
Better partnerships with Colombian regional banks and financial institutions will expedite money transfers.
Because of Colombia’s widespread use of mobile devices, BDSwiss can improve its mobile trading platform.
Our Findings
If you are looking for a CFD broker that offers a range of tradable assets such as currencies, indices, and cryptocurrencies, BDSwiss might be a good option to consider. While they do provide easy-to-use platforms and educational materials, it is worth noting that their fees are slightly higher than other similar brokers. Choosing BDSwiss could be beneficial if your main focus is on conducting thorough research and quickly executing orders, rather than seeking the most competitive spreads.
BDSwiss Pros & Cons
| ✅Pros | ❌Cons |
| BDSwiss offers a flexible trading strategy with a dynamic leverage mechanism up to 1:2000 | The inactivity fee of 10% is an expensive inactivity charge after three months |
| Extensive trading platforms appropriate for novices and experts alike | Transparency in the operational elements of social trading platforms can be improved |
| A transparent pricing system without any deposit fees and with competitive spreads | The award-winning BDSwiss Mobile app is regarded as basic compared to the MetaTrader suite |
| Additional incentives for traders and partners through affiliate programs and trading reward | BDSwiss does not provide special incentives or promotional bonuses to traders from Colombia |
| The abundance of educational resources and trading tools can improve Colombian traders’ expertise | Although competitive, spreads are wider than those of several leading industry players, especially for Classic accounts |
| There is a large selection of trading products, including 21 cryptocurrency pairings and over 70 currency pairs | There are no local deposit and withdrawal methods available to Colombian traders |
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Frequently Asked Questions
Is BDSwiss a broker that can be trusted?
Yes, BDSwiss is a trustworthy and well-regulated Forex Broker.
What is the minimum amount that I need to deposit to start trading with BDSwiss in Colombia?
The minimum deposit you must make in Colombia is 38647,40 COP ($10).
By which entities are BDSwiss regulated?
BDSwiss is regulated by reputable entities such as FSC and FSA, CySEC, and BaFIN.
How long does it take to withdraw money from BDSwiss?
You can expect withdrawals to be processed within 24 working hours.
Will I pay an inactivity fee with BDSwiss?
Yes, if they don’t see any trading activity on your account for over 90 consecutive days, a monthly fee of $30 (116,000 COP) will be deducted from your account balance.
