BDSwiss Review

Overall, BDSwiss can be summarised as a trustworthy and highly regulated Forex Broker that is very competitive in terms of its trading fees. BDSwiss offers an easy-to-use social copy trading platform with excellent customer support. The platform’s connection with prominent trading interfaces such as MetaTrader 4 and MetaTrader 5 and its own mobile and web-based platforms offer a smooth and efficient trading experience.  BDSwiss has a trust score of 83 out of 99.

BDSwiss Review – Analysis of Brokers’s Main Features

1. ☑️ BDSwiss Overview
2. ☑️ BDSwiss Detailed Summary
3. ☑️ BDSwiss – Advantages over Competitors
4. ☑️ Who will Benefit from Trading with BDSwiss?
5. ☑️ BDSwiss Safety and Security
6. ☑️ BDSwiss Affiliate Program Features
7. ☑️ BDSwiss Minimum Deposit
8. ☑️ BDSwiss Account Types and Features
9. ☑️ BDSwiss Base Account Currencies and Basic Order Types
10. ☑️ How to Open and Close an BDSwiss Account
11. ☑️ BDSwiss Trading Platforms
12. ☑️ Which Markets Can You Trade with BDSwiss?
13. ☑️ BDSwiss Fees, Spreads, and Commissions
14. ☑️ BDSwiss Deposits and Withdrawals
15. ☑️ BDSwiss Education and Research
16. ☑️ BDSwiss Customer Support
17. ☑️ BDSwiss VPS Review
18. ☑️ BDSwiss Corporate Social Responsibility
19. ☑️ BDSwiss Trading Signals
20. ☑️ BDSwiss Cashback Rebates Features and Conditions
21. ☑️ BDSwiss Web Traffic Report
22. ☑️ BDSwiss Sponsorships
23. ☑️ BDSwiss Geographic Reach and Limitations
24. ☑️ BDSwiss – Best Countries by Traders
25. ☑️ BDSwiss vs Pepperstone vs FP Markets – A Comparison
26. ☑️ BDSwiss Alternatives
27. ☑️ BDSwiss Awards and Recognition
28. ☑️ Our Experience with BDSwiss
29. ☑️ Recommendations according to our in-depth review of BDSwiss
30. ☑️ BDSwiss Customer Reviews
31. ☑️ Pros and Cons of Trading with BDSwiss
32. ☑️ In Conclusion
33. ☑️ Frequently Asked Questions

BDSwiss Overview

BDSwiss is an appealing option for Singaporean traders seeking a reliable and diverse trading platform. BDSwiss offers four unique retail trading accounts to cater to a wide range of trading preferences: Cent, Classic, VIP, and Zero Spread, each targeted to different degrees of trading experience and investment.

This adaptability enables Singaporean traders, from novices to seasoned professionals, to choose an account that matches their trading strategy and risk tolerance.

The platform’s connection with prominent trading interfaces such as MetaTrader 4 and MetaTrader 5 and its own mobile and web-based platforms offer a smooth and efficient trading experience.

For Singaporean traders, the lack of local office support is countered by BDSwiss’ extremely responsive and multilingual customer service, available 24 hours a day, five days a week.

The broker’s dedication to instructional materials and research tools, like live webinars and daily market analysis, provides traders with the knowledge they need to make sound decisions.

Furthermore, the availability of a PAMM solution and social trading via Copy Trading features allows Singaporeans to diversify their trading tactics and potentially improve their trading outcomes.

The global regulatory compliance of BDSwiss, which includes licenses from Tier-1 to Tier-3 regulators, instills confidence in its dedication to transparency and security, which is critical for Singaporean traders navigating the complexity of Forex and CFD markets.

BDSwiss stands out as a versatile broker for Singaporean traders wishing to capitalize on global financial markets, with competitive spreads, dynamic leverage up to 1:2000, and a diverse choice of tradable assets, including FX, commodities, and cryptocurrencies.

BDSwiss Detailed Summary

BDSwiss – Advantages over Competitors

BDSwiss has the following notable advantages over competitors:

• ✅ The broker’s dedication to instructional materials, such as live webinars and daily market research, gives Singaporean traders vital insights and knowledge to help them make informed trading decisions.
• ✅ The platform’s global presence and support for traders from over 180 countries, including Singapore, provide Singaporean traders with a broad and international trading environment.
• ✅ BDSwiss provides a wide selection of tradable assets, including forex, commodities, stocks, indices, and cryptocurrencies, allowing Singaporean traders to diversify their investment portfolios.
• ✅ BDSwiss is licensed by one Tier-1 regulator, one Tier-2 regulator, and two Tier-3 regulators, offering a secure and transparent trading environment for Singaporean traders.
• ✅ Despite the absence of a local office in Singapore, BDSwiss’ customer care is multilingual and available 24 hours a day, five days a week.
• ✅ BDSwiss provides dynamic leverage choices up to 1:2000, allowing Singaporean traders to select their chosen level of leverage based on their trading style and risk tolerance.
• ✅ The platform’s emphasis on risk management, which includes training resources and tools, corresponds well with the needs of risk-averse Singaporean traders who value capital preservation.
• ✅ BDSwiss offers four retail trading accounts to Singaporean traders (Cent, Classic, VIP, and Zero Spread), catering to a wide range of trading experiences and tactics, from beginners to advanced traders.
• ✅ The availability of a PAMM solution and social trading via Copy Trading features allows Singaporean traders to diversify their trading tactics and improve their trading results.

Finally, Singaporean traders benefit from the platform’s integration with popular and advanced trading interfaces such as MetaTrader 4 and MetaTrader 5, as well as its own mobile and web-based platforms, providing a seamless and varied trading experience.

Who will Benefit from Trading with BDSwiss?

• ✅ Traders Seeking Regulatory Compliance and Security: BDSwiss’ regulation by various institutions, including a Tier-1 regulator, provides a layer of protection and confidence, which is critical for Singaporean traders concerned about the safety of their investments.
• ✅ Experienced Forex Traders: The platform’s connectivity with MetaTrader 4 and MetaTrader 5, noted for their comprehensive tools and analytics, appeals well to experienced traders. The large number of traded currency pairings, including major currencies, and the opportunity for high leverage up to 1:2000 provide considerable prospects for skilled traders.
• ✅ Beginner Traders: BDSwiss’ extensive training offerings, which include webinars, seminars, and a Forex glossary, make it a perfect platform for new traders. The availability of a trial account, albeit with a 30-day time limit, enables novice Singaporean traders to practise and learn without risking their money.
• ✅ Traders Interested in Social and Copy Trading: The Copy Trading feature and the PAMM accounts are ideal for traders who want to utilize the expertise of more experienced traders or those who want to manage funds for others.
• ✅ Traders Looking for International Exposure: Singaporean traders looking to enter global markets will benefit from BDSwiss’ international presence and support in over 180 countries. This broad reach exposes you to global market trends and practices.
• ✅ Traders Interested in Diverse Asset Classes: Singaporean traders can access a wide range of tradable assets with BDSwiss, including FX, commodities, indices, equities, and cryptocurrencies. This variety allows traders to diversify their portfolios and disperse risk across multiple marketplaces.
• ✅ Tech-Savvy Traders: Singaporean traders who want to trade on the go will benefit from BDSwiss’ mobile trading app. The app’s user-friendly design and real-time data access are ideal for traders who rely on timely information and flexibility.
• ✅ Risk-Averse Traders: Traders prioritizing capital preservation will benefit from the platform’s emphasis on risk management and educational help. Tools and services that assist in making informed trading decisions might be especially beneficial for those concerned about market volatility.

What regulatory assurances does BDSwiss provide to Singaporean traders?

Reputable organizations like CySEC, FSC, BaFIN, and FSA oversee BDSwiss, guaranteeing an open and safe trading environment for traders in Singapore.

What trading conditions does BDSwiss offer that are beneficial for Singaporean traders?

To facilitate profitable trading, BDSwiss offers competitive conditions such as lightning-fast execution rates and dynamic leverage choices up to 1:2000.

BDSwiss Safety and Security

BDSwiss Regulation in Singapore

BDSwiss is not currently regulated by the Monetary Authority of Singapore (MAS). However, BDSwiss global regulations are listed in the table below.

BDSwiss Global Regulations

BDSwiss Protection of Client Funds

Security while Trading

BDSwiss prioritizes the security of its clients, particularly Singaporean traders, by implementing several stringent safeguards. It adheres to stringent regulatory norms, having been licenced by several regulatory agencies, including a Tier-1 regulator.

This compliance ensures that high financial and ethical requirements are met. Furthermore, BDSwiss uses segregated accounts, a critical feature that keeps client assets distinct from the company’s operational finances, giving an additional layer of financial security.

The site also uses strong SSL encryption to protect traders’ personal and financial information during online transactions.

Furthermore, BDSwiss provides negative balance protection, ensuring that traders’ losses do not surpass their account balance, an important safety net for controlling trading risks.

Pros and Cons Regulation and Safety of Funds

How does BDSwiss protect client funds?

BDSwiss protects client funds using segregated accounts, SSL certificates, and, where available, 2FA.

Are guaranteed stop-loss orders available with BDSwiss?

Yes, BDSwiss provides guaranteed stop-loss orders to assist traders with risk management.

BDSwiss Affiliate Program Features

Several benefits are available through the BDSwiss Affiliate Program, which is especially helpful for Singaporean traders who want to increase their revenue through referrals.

This program is intended for Singaporeans who have a large following on social media, are frequent bloggers, run Forex education sites, or are otherwise highly visible online.

The BDSwiss Affiliate Program offers impartial mobile traffic monitoring solutions, one of its primary features. With the high rate of mobile usage in the area, these technologies are quite helpful for Singaporean affiliates looking to understand their mobile audience.

Furthermore, the program provides affiliates with efficient and comprehensive performance reporting, enabling them to monitor their progress and maximize their marketing endeavours.

The program’s quick referral onboarding process and high conversion rate are advantageous to affiliates in Singapore. The process is smooth for the affiliate and the referred clients thanks to BDSwiss’ array of local and international payment methods and dedicated call centres.

The BDSwiss Affiliate Program equips its affiliates with an array of tracking and marketing tools to effectively promote the company’s products. These resources are crucial in maximizing affiliate impact while affording complete management solutions for efficient campaigns.

BDSwiss guarantees prompt service to affiliates with 13 seconds or fewer response times and a 100% response rate. Enhancing the support system for Singaporean affiliates are personal account managers and dedicated affiliate managers for VIP referrals.

How to open an Affiliate Account with BDSwiss

To register an Affiliate Account, Singaporean traders can follow these steps:

• ✅ Start by using your choice web browser to access the official BDSwiss website. Once there, search for the BDSwiss Affiliate Program area or link. Usually, this can be found under the “Partners” section or at the website’s bottom.
• ✅ Select the section or link that takes you to the Affiliate Program. You will be taken to a page with comprehensive facts on the program, such as commission schedules, perks, and other pertinent information.
• ✅ You can register or join as an affiliate on the page for the affiliate program. Typically, this is a “Start Now,” “Join Now,” “Become an Affiliate,” or comparable button or link.
• ✅ A registration form will open when you select the “sign-up” option. Complete this form by providing the necessary details. Usually, this consists of your name, contact information, and sometimes some information about your website or the digital channels you want to use for referrals.
• ✅ Check all the information carefully to ensure accuracy after completing the registration form. Once you are pleased with the information provided, submit the form.
• ✅ BDSwiss will review your affiliate application after it has been submitted. This evaluation procedure aims to ensure your application complies with all rules and specifications set forth by the BDSwiss Affiliate Program.
• ✅ Upon approval of your application, BDSwiss will send you a confirmation. To promote BDSwiss and keep track of your referrals, you will also receive access to affiliate tools, marketing materials, and a tracking dashboard.
• ✅ You may now begin recommending new customers to the platform as a BDSwiss affiliate using the resources and tools offered. The commission structure of the BDSwiss Affiliate Program will determine your profits based on the trading activity of the clients you suggest.

Are there any performance-based incentives in the BDSwiss Affiliate Program?

Yes, BDSwiss provides performance-based rewards to affiliates in exchange for high-quality referrals and continuous performance.

Does the BDSwiss Affiliate Program offer any marketing tools?

Yes, BDSwiss offers a variety of marketing solutions, such as banner ads, links, and promotional content.

Is there a review process for my BDSwiss Affiliate Account application?

Yes, BDSwiss will check your application after submitting it to verify it meets its affiliate program standards.

Can I promote BDSwiss on multiple platforms with an Affiliate Account?

Yes, with an Affiliate Account, you can promote BDSwiss on various channels, including websites, blogs, and social media.

BDSwiss Minimum Deposit

How much do I need to deposit to open a BDSwiss Classic Account?

A minimum deposit of 13 SGD or $10 is required to start a BDSwiss Classic Account.

Is the minimum deposit for BDSwiss the same for all Singaporean traders?

Yes, the BDSwiss minimum deposit is normal for all Singaporean traders, starting at 13 SGD, depending on their account type.

BDSwiss Account Types and Features

BDSwiss Cent Account

The Cent Account, ideal for beginners, allows Singaporean traders to trade with smaller lot sizes, reducing risk exposure.

This account type is especially useful for those new to trading or with little funds since it provides a practical opportunity to get trading experience without making a major financial investment.

Because of the smaller lot sizes, traders can participate in genuine market circumstances with less risk, making it a good starting point for beginning traders in Singapore.

BDSwiss Classic Account

The Classic Account is intended for retail traders who deal regularly. It balances cost-effectiveness and access to a wide range of trading products. This account type is appropriate for Singaporean traders with market expertise who want a simple trading experience.

The Classic Account is a versatile alternative for traders wishing to explore numerous market opportunities because it often has fair spreads and probable access to all accessible trading products.

BDSwiss VIP Account

The VIP Account is designed for experienced and prolific traders, including features such as decreased spreads and a dedicated account manager. This account is appropriate for Singaporean traders with large trade volumes who require customized services.

This account type’s additional trading resources and personalized support can considerably improve the trading experience for seasoned Singapore traders who require more advanced trading conditions and devoted assistance.

BDSwiss Zero Spread Account

As the name suggests, the Zero Spread Account is popular among day traders and scalpers since it offers minimal or no spreads on trades.

This account type is useful for Singaporean traders who engage in high-frequency trading and want to lower their trading costs. Lower spread costs can be useful for traders who work on tiny margins and must keep costs under tight control.

BDSwiss Demo Account

BDSwiss provides a Demo Account, useful for Singaporean traders new to Forex or CFD trading. Because traders are provided virtual funds of 100,000€/$/£, this account type provides a risk-free environment for practice.

With this large sum of virtual cash, they may practice real-world trading scenarios without risking actual financial loss. The Demo Account is particularly beneficial to people unfamiliar with the nuances of the Forex and CFD markets.

It allows Singaporean traders to familiarise themselves with the platform’s features, comprehend market movements, and create trading strategies without the stress of risking real money.

This hands-on experience is vital in developing trading confidence and skills, making it an indispensable tool for Singapore’s newbies.

BDSwiss Islamic Account

For Singaporean clients who follow Islamic beliefs, BDSwiss offers a specialized Swap-Free Islamic Account. Per Sharia law, this account permits traders to perform transactions without incurring interest.

Removing overnight swap fees is a fundamental aspect of this account, which aligns with the financial activities permitted under Islamic law. However, it is crucial to note that the Swap-Free function is only available for ten calendar days.

If a trader holds an open position for more than ten days, depending on the direction of the trade, swap costs or credits may be applied to the account.

According to Sharia Law, this account is only open to Muslim traders, ensuring it is used for religious purposes. BDSwiss may need extensive proof of religious membership to verify adherence to the account’s terms and the account’s integrity and purpose.

Pros and Cons BDSwiss Account Types and Features

What is the average spread for major currency pairs in BDSwiss accounts?

With BDSwiss, the average spread for major currency pairs starts at 0.0 pips in the Zero Spread Account.

What is the minimum deposit for a BDSwiss Classic Account?

The BDSwiss Classic Account requires a 13 SGD / $10 minimum deposit.

BDSwiss Base Account Currencies and Basic Order Types

BDSwiss Base Account Currencies

The base account currencies available to Singaporeans include the following:

• ✅ ZAR
• ✅ USD
• ✅ EUR
• ✅ SGD
• ✅ GBP, etc.

BDSwiss Basic Order Types

• ✅ Market Order – A market order can be either a buy or a sell order that executes at the current market price. This is the current price displayed on your price chart. If you place a market order, you will be immediately entered at the best available price.
• ✅ Market orders are most effective when a trading opportunity requires prompt action. Click buy/sell at market to enter the trade immediately.
• ✅ Stop Order – A stop order can be either a buy or sell stop, depending on whether you wish to purchase above or below the market.
• ✅ This is useful for trading breakouts or trend continuation strategies when you want the market to continue moving in the same direction.
• ✅ Limit Order – Alternatively, if you believe the price will reverse when it reaches a certain price, you can place a limit order.
  • Limit orders can be either buy or sell limits, depending on the market’s direction before your anticipated reversal.
  • A sell limit is used to sell above the market, while a buy limit is used to purchase below the market.

How to Open and Close an BDSwiss Account

How to open a BDSwiss Account

To open an account with BDSwiss, Singaporeans can follow these steps:

• ✅ Begin by going to the BDSwiss website. Find and click the ‘Sign Up‘ or ‘Register‘ button, which is normally in the top right corner of the webpage.
• ✅ Complete your personal information on the registration form. This includes your name, email address, phone number, and other required information. To avoid problems with account verification, ensure that all details are correct.
• ✅ Choose the type of trading account you want to create. BDSwiss offers a variety of account kinds, including Cent, Classic, VIP, and Zero Spread. Choose the one that best fits your trading style and level of experience.
• ✅ Specify SGD (Singapore Dollar) as your account base currency during account setup. This is critical for Singaporean traders who want to manage their funds and execute deals in SGD to avoid currency conversion fees.
• ✅ Complete the KYC (Know Your Customer) procedure. Uploading papers to verify your identity and address, such as a passport or national ID for identification verification and a utility bill or bank statement for address verification, will be required.
• ✅ Log in to your BDSwiss account and go to the deposit section once your account has been verified. You can select from a variety of deposit methods available to Singaporean traders.
• ✅ Choose your preferred deposit method and enter the amount you want to deposit in Singapore Dollars. To finish the deposit process, follow the on-screen instructions. The monies should be credited to your account within the processing period of your preferred deposit method.

How to Close a BDSwiss Account

To close a live trading account with BDSwiss, Singaporean traders can follow these steps:

• ✅ Access your BDSwiss account via the website or mobile app. Close any active positions and remove any remaining balance in your account.
• ✅ After checking that your account has been cleared, go to the ‘Account Settings‘ area of your BDSwiss account’s dashboard.
• ✅ Look for an option labeled ‘Account Closure‘ or anything similar in the ‘Account Settings‘ section. This option is usually near the bottom of the settings page.
• ✅ When you select the ‘Account Closure‘ option, you may be asked to complete a short form or survey indicating why you want to close the account. Fill in the required fields as needed.
• ✅ Complete the account closing form. You may be asked to confirm your choice by a pop-up message or an email confirmation link delivered to your registered email address.
• ✅ BDSwiss will process the closure request after you have confirmed it. The time it takes to close the account varies, but you should receive a confirmation email once it is done.
• ✅ If you have any problems or require assistance, please contact BDSwiss customer service. After validating your identity, they can walk you through the procedure or close the account on your behalf.

What documents are required for BDSwiss account verification?

For account verification, BDSwiss demands identity and residence proof documents.

Can I start trading immediately after opening a BDSwiss account?

You can start trading immediately after funding and verifying your BDSwiss account.

How long does it take to close a BDSwiss account?

The process is usually immediate when you confirm the deletion of a BDSwiss account.

Can I close my BDSwiss account via the mobile app?

Yes, you can terminate your BDSwiss account by going to “Settings” and selecting “Delete Account” from the BDSwiss Mobile App.

BDSwiss Trading Platforms

BDSwiss offers Singaporean traders a choice between these trading platforms:

• ✅ MetaTrader 4
• ✅ MetaTrader 5
• ✅ BDSwiss Mobile
• ✅ BDSwiss Web

BDSwiss MAM / PAMM Features

BDSwiss offers a PAMM (Percentage Allocation Management Module) service that greatly benefits Singaporean traders, especially those inclined towards managed trading methods.

This system allows Managers to invest both their own capital and investors’ funds in Forex and financial market trades. Through this collaborative approach, traders can leverage the skills and strategies developed by experienced managers.

A PAMM Manager executes trades, devises strategic plans for investments, and regulates investor withdrawals according to professional standards, ensuring an expertly guided approach toward trading activities.

PAMM Managers at BDSwiss must submit their trading experience and go through a validation process to ensure system transparency and confidence.

This involves presenting information such as the name of the strategy, the minimum deposit requirements, and the performance fees. Such transparency is critical for Singaporean traders considering investing in a PAMM account because it clarifies the Manager’s experience and strategy.

Furthermore, BDSwiss’ control of fund transfers and capacity to take protective actions for the PAMM program’s interests, such as lowering leverage or limiting investors, offers an additional layer of security and governance.

This control is especially advantageous for Singaporean traders who place a premium on the security and integrity of their money.

The requirement for a minimum deposit to activate a PAMM Manager Account ensures that only serious and committed Managers participate, which aligns further with the objectives of investors seeking dependable trading techniques.

MetaTrader 4

MetaTrader 4 is a favored platform among novice traders due to its intuitive interface and powerful capabilities. Its compatibility with BDSwiss’ trading conditions, including flexible leverage ratios and competitive spreads, enhances the experience for Singapore-based users.

In particular, MT4’s broad range of charting tools and technical analysis functions prove beneficial for navigating unpredictable Forex/CDF markets in Singapore.

With its blend of simplicity and sophistication, MT4 provides an ideal framework for local traders aiming to effectively make sense of complex global financial systems.

MetaTrader 5

For traders in Singapore looking for a reliable trading platform with cutting-edge features, MetaTrader 5 is a great option. Combined with BDSwiss’ vast assortment of assets, it allows investors wishing to participate in various marketplaces access to a wider range of products and timeframes.

Furthermore, BDSwiss’ quick execution rates are perfectly complemented by MT5’s extensive feature set. Many Singaporean traders greatly value the unified platform that this synergy produces since it provides deep liquidity access.

MetaTrader 5‘s analytical capabilities are incredibly beneficial when combined with economic calendars. These materials are dependable and immensely beneficial, regardless of whether one utilizes technical or fundamental analysis techniques.

They make efficient use of the platform easier than ever by enhancing the skills of seasoned traders who are knowledgeable about international financial markets and helping new traders get started globally.

BDSwiss Mobile

The BDSwiss Mobile app allows Singaporean traders to trade on the go with ease and flexibility. This tool is especially useful for traders who need to react rapidly to market movements or who cannot always be at their workstations.

The software easily interacts with BDSwiss’ trading conditions and capabilities, giving access to global markets anytime and anywhere. Its user-friendly interface and real-time data ensure that Singaporean traders are always up-to-date and can execute deals quickly.

The mobile app’s ease of use and complete functionality make it a good alternative for Singaporean traders who value mobility and rapid access to market information.

BDSwiss Web

BDSwiss WebTrader caters to traders who prefer trading via their web browser instead of downloading software. It offers a streamlined and hassle-free experience with complete functionality for efficient trading.

The platform is seamlessly integrated with BDSwiss‘ competitive conditions, including large leverage choices and tight spreads, making it an attractive option for Singaporean traders.

With its user-friendly interface and seamless execution, the WebTrader accommodates novice and experienced Singapore traders looking for a convenient way to access global financial markets quickly.

Pros and Cons BDSwiss Trading Platforms

Is there a minimum deposit for PAMM Managers at BDSwiss?

Yes, BDSwiss has a minimum deposit requirement for PAMM Managers, which varies depending on the account type.

Can anyone join the BDSwiss PAMM program as an investor?

No, Investors who want to participate in the BDSwiss PAMM program must meet specific requirements and understand the risks associated.

Is MetaTrader 4 available for BDSwiss traders in Singapore?

Yes, Singaporean traders can use MetaTrader 4 to trade forex and CFDs through BDSwiss.

Does BDSwiss provide any web-based trading platform?

Yes, BDSwiss provides a WebTrader platform accessible through your browser.

Which Markets Can You Trade with BDSwiss?

Singaporean traders can expect the following range of markets from BDSwiss:

• ✅ Forex
• ✅ Commodities
• ✅ Shares
• ✅ Indices
• ✅ Cryptocurrencies

Financial Instruments and Leverage offered by BDSwiss

Pros and Cons BDSwiss Range of Markets

Can I trade stocks with BDSwiss?

Yes, CFD trading on 128 worldwide equities is available with BDSwiss.

What forex pairs are available for trading with BDSwiss?

BDSwiss provides over 53 currency pairings, including major currencies and SGD pairs.

BDSwiss Fees, Spreads, and Commissions

BDSwiss Spreads

BDSwiss uses variable spreads, which might change depending on market conditions. An important pair for Singaporean traders is USD/SGD, which normally has a spread of 0.4 pips.

This relatively tight spread can benefit traders dealing in this currency pair by providing an opportunity for cost-effective trading. However, it is crucial to note that spreads can widen, especially during situations of significant market volatility or low liquidity.

The spread on prominent pairs such as EUR/USD is as low as 0.01 pips, which is advantageous for regular traders. More volatile instruments, such as BTC/USD, might have even bigger spreads, up to 27.18 pips.

Here are some typical spreads that Singaporeans can expect from BDSwiss:

BDSwiss Commissions

The commission structure at BDSwiss differs depending on the account type. There is a $2 commission on Indices and 0.15% on Shares for Cent and Classic accounts.

The VIP account has a 0.15% commission on shares, but the Zero Spread account has a $6 commission on Forex and Commodities, plus $2 on Indices and the 0.15% commission on shares.

These commission rates are critical considerations for Singaporean traders when deciding on the best account type for their trading style and volume.

BDSwiss Overnight Fees

Swap fees are levied for positions held overnight, often known as swap fees. The rates vary depending on the instrument and the position (long or short).

For example, the swap for a long position in EUR/USD is -8.0, whereas the swap for a short position in USD/SGD is -12.53488. These fees can build up over time, especially for longer-term trades, and should be included in Singaporean traders’ trading plans.

Here are some other overnight fees that Singaporean traders can expect from BDSwiss according to their positions and the financial instruments they trade:

BDSwiss Deposit and Withdrawal Fees

One of the benefits of trading with BDSwiss for Singaporeans is the lack of fees on deposits and withdrawals, which contributes to lower overall transaction costs.

BDSwiss Inactivity Fees

For accounts that have been inactive for more than three months, BDSwiss charges a 10% cost. This is an important concern for traders who do not trade regularly.

BDSwiss Currency Conversion Fees

Singaporean traders may suffer currency conversion costs when trading in a currency other than their account’s base currency. This is especially important for those who trade in overseas marketplaces because it might affect the entire cost of their trades.

Pros and Cons BDSwiss Trading and Non-Trading Fees

Does BDSwiss charge commissions on trades?

Yes, BDSwiss charges commissions across all account types.

Does BDSwiss offer any fee discounts or rebates?

Yes, BDSwiss provides Introducing Brokers with cashback payments of up to $4.20 per lot traded in Forex

BDSwiss Deposits and Withdrawals

BDSwiss offers Singaporean traders the following deposit and withdrawal methods:

• ✅ Credit/Debit Card
• ✅ Skrill
• ✅ Neteller
• ✅ Bank Wire
• ✅ Pay Retailers
• ✅ Cryptocurrencies
• ✅ QR
• ✅ Online Banking
• ✅ AstroPay
• ✅ GlobePay
• ✅ EFT
• ✅ Direct Bank Transfer
• ✅ MPESA
• ✅ Airtel
• ✅ TiGO
• ✅ Korapay

Broker Comparison: Deposit and Withdrawals

BDSwiss Deposit Currencies, Deposit and Withdrawal Processing Times

How to make a Deposit with BDSwiss

To deposit funds to an account with BDSwiss, Singaporean traders can follow these steps:

• ✅ Log in to your BDSwiss trading account with your secure credentials first. This is possible via the BDSwiss website or their mobile application.
• ✅ After logging in, go to the ‘Payments‘ or ‘Deposit‘ section, usually available from the main dashboard or under the account management section.
• ✅ You will be offered numerous payment methods in the deposit section. Credit/Debit Cards, Skrill, Neteller, Bank Wire, and other methods are available. Choose the technique that best meets your needs and availability in Singapore.
• ✅ Enter the amount you want to deposit in Singapore Dollars. Check that this amount is consistent with your trading plan and meets the minimum deposit requirements of your preferred BDSwiss account.
• ✅ Follow any extra steps pertaining to your preferred deposit method. This could include authentication or confirmation processes, especially if you use online banking or e-wallets.
• ✅ Check your deposit transaction’s details for accuracy before confirming it.

How to Withdraw from BDSwiss

To withdraw funds from an account with BDSwiss, Singaporean traders can follow these steps:

• ✅ Log in to your BDSwiss trading account first. This can be done using your secure login credentials on the BDSwiss website or mobile app.
• ✅ After logging in, go to the ‘Withdrawal‘ section. This is usually available on the dashboard or in the account management section.
• ✅ You will be offered numerous withdrawal methods in the withdrawal section. Examples include credit/Debit Cards, Bank Wire, and e-wallets such as Skrill and Neteller. Choose the most convenient way for you that is also available in Singapore.
• ✅ Enter the amount you want to withdraw in Singapore Dollars. Check that this amount is within the boundaries of your account balance and does not exceed any minimum or maximum withdrawal limits set by BDSwiss.
• ✅ Follow any additional instructions related to your withdrawal method of choice. This could include verification or confirmation processes, particularly for bank transfers or e-wallet withdrawals.
• ✅ Check your withdrawal transaction’s details for accuracy before confirming it.

Pros and Cons BDSwiss Deposits and Withdrawals

Can I withdraw funds in SGD from my BDSwiss account?

No, you cannot. You can choose from various currencies to deposit and withdraw funds, but SGD is not supported.

What deposit methods are available with BDSwiss?

BDSwiss accepts credit/debit cards, Skrill, Neteller, bank wire, and cryptocurrency payments.

How long do BDSwiss Deposits take?

The deposit processing times at BDSwiss are normally quick. Deposits made using credit/debit cards, Skrill, Neteller, and other similar means are typically completed promptly, allowing traders to trade with their funds immediately.

On the other hand, deposits made via Bank Wire may take a little longer, often 1 to 4 days, depending on the banks involved and their processing times.

Singaporean traders must consider these time limits while organizing their trading activity to guarantee they have the requisite funds when needed.

Can I use cryptocurrencies to deposit funds into my BDSwiss account?

Yes, BDSwiss accepts cryptocurrency deposits, including Bitcoin and Ethereum.

Can I use multiple deposit methods for my BDSwiss account?

Yes, BDSwiss accepts different deposit ways to fund your account

How long do BDSwiss Withdrawals take?

Withdrawal processing times at BDSwiss are normally quick. The majority of withdrawal requests are handled within 24 hours. However, depending on the withdrawal method, the overall time for the funds to reach your account can vary.

Withdrawals to credit/debit cards and e-wallets such as Skrill and Neteller, for example, are normally accomplished within a day. However, bank wire transfers may take a few business days due to banking regulations.

Singaporean traders should schedule their financial management and trading activity around these processing timeframes.

Can I cancel a withdrawal request with BDSwiss?

Yes, as long as your withdrawal request has not been executed, you can cancel it with BDSwiss.

How can I ensure a smooth withdrawal process with BDSwiss?

To ensure a seamless process with BDSwiss, ensure your account is properly confirmed and use the same withdrawal method as your deposit.

BDSwiss Education and Research

BDSwiss Education

BDSwiss offers the following Educational Materials to Singaporean traders:

• ✅ Forex Glossary
• ✅ Educational Videos
• ✅ Seminars
• ✅ Learning centres
• ✅ Live Education
• ✅ Forex Basic Lessons
• ✅ Forex eBooks

BDSwiss Research and Trading Tool Comparison

BDSwiss also offers Singaporean traders the following additional Research and Trading Tools:

• ✅ Currency Heatmap
• ✅ Trading Calculators
• ✅ Trade Comparison
• ✅ Trend Analysis
• ✅ Trading Central
• ✅ AutoChartist
• ✅ Real-Time Trading Alerts
• ✅ Special Reports
• ✅ Analyst financial commentary
• ✅ Live Daily Webinars
• ✅ Economic Calendar
• ✅ VPS Service
• ✅ Daily Analysis of the Markets
• ✅ Technical Analysis
• ✅ Daily Videos
• ✅ Weekly Outlook
• ✅ Market Insights

Pros and Cons BDSwiss Education and Research

Does BDSwiss offer any research tools for traders?

Yes, BDSwiss provides various research tools such as the Currency Heatmap, Trading Calculators, Trend Analysis, and Trading Central.

Does BDSwiss offer any special reports or market insights?

Yes, BDSwiss offers specific studies and analyst financial analysis for a more in-depth market understanding.

BDSwiss Customer Support

Quality of Customer Service

In our experience, BDSwiss offers excellent customer service that aligns with Singaporean traders‘ requirements. The customer service staff is kind, informed, and accessible during market hours, offering prompt assistance with various issues.

Furthermore, receiving advice in multiple languages is especially helpful for Singaporean traders. Despite not having a physical location in Singapore, BDSwiss’ effective online support channels—which include live chat, email, and phone assistance—make up for this.

Their excellent customer service rating is a testament to their dedication to rapidly and efficiently resolving client complaints. The sole restriction is that support is unavailable on weekends and public holidays, which may present a problem for traders who need help during these periods.

Overall, BDSwiss‘ high calibre of customer support greatly improves Singaporean clients’ trading experiences.

BDSwiss Response Time

Pros and Cons BDSwiss Customer Support

How quickly does BDSwiss Customer Support respond to inquiries?

BDSwiss strives for rapid responses and great client satisfaction in response times.

Are there any customer support channels for technical issues with BDSwiss?

Yes, BDSwiss provides dedicated technical help via email and live chat.

BDSwiss VPS Review

The BDSwiss VPS (Virtual Private Server) provides a reliable way for traders in Singapore to continue their trading activities. This service is especially helpful for individuals using Expert Advisors (EAs) and other automated trading strategies on platforms such as MetaTrader 4.

By ensuring that trading tactics are carried out around the clock without requiring the trader to be online, the VPS reduces the possibility that connectivity problems or power outages may cause the trader to miss out on possible market chances.

Co-locating servers reduces latency and speeds up trade execution, essential for strategies that rely on quick decisions and real-time market data. The VPS service has varying monthly prices, from €30 to €70, depending on the resources needed, such as CPU cores, RAM, storage, and bandwidth.

BDSwiss’ VPS is a strong alternative for Singaporean traders seeking dependability and effectiveness in their automated trading but at an extra expense.

Can I use automated trading strategies with BDSwiss VPS?

Yes, BDSwiss VPS allows you to run Expert Advisors (EAs) and automated strategies without logging in.

Is BDSwiss VPS service available to all BDSwiss clients?

Yes, BDSwiss VPS is available to all clients. However, it is especially useful for those who use automated trading techniques.

BDSwiss Corporate Social Responsibility

BDSwiss is robustly dedicated to corporate social responsibility (CSR) by actively participating in activities that yield beneficial community impacts. Their commitment to social problems is demonstrated by their work with Mexico Sonríe, a non-profit organization that helps children with cancer.

Through financial and toy donations, BDSwiss has positively impacted these kids’ lives. Their dedication to health and well-being is further demonstrated by their support of the Cyprus Third Corporate Futsal Tournament and the Olympus Hike.

These events demonstrate BDSwiss’ commitment to generating money and awareness for important health issues. They are centered on children with heart disease and special needs, respectively.

Their commitment to health and community welfare is further demonstrated by their support of the Cyprus Thalassemia Organisation Gala Dinner Concert and their collaboration with Europa Uomo Cyprus to raise prostate cancer awareness.

Overall, BDSwiss‘ corporate social responsibility initiatives demonstrate a strong dedication to changing society by balancing business principles with local requirements.

Social Trading with BDSwiss

BDSwiss’ Copy Trading tool offers a one-of-a-kind and advantageous option for Singaporean traders, particularly those wishing to use the experience of others in the financial markets.

This novel method enables experienced traders to share their trading techniques and ideas, allowing others to duplicate them in their own trading activity.

Traders who register as Affiliate Partners with BDSwiss can not only refer clients to the platform but also earn performance and regular fees, increasing their income potential.

The Copy Trading system is intended to be transparent and user-friendly, responding to many client needs. Followers can monitor the performance and results of the traders they are copying, allowing them to make informed decisions about whether to begin or discontinue copying a specific strategy.

This transparency is critical in fostering trust and confidence among Singaporean traders because it helps them align their trading actions with their financial objectives and risk tolerance.

Furthermore, the ease with which clients can replicate the methods of experienced traders makes BDSwiss’ Copy Trading an appealing choice for those who lack the time or expertise to construct their strategies.

It allows less experienced traders to benefit from seasoned traders’ market knowledge and tactical techniques, perhaps leading to improved trading outcomes. This tool improves client interaction and promotes a collaborative trading atmosphere within the BDSwiss community.

What is BDSwiss’ Copy Trading feature?

Copy Trading from BDSwiss allows you to share and duplicate trading techniques, increasing your earnings through performance fees.

Are there any special requirements to become a strategy provider on BDSwiss?

Yes, to become a strategy provider on BDSwiss’ Copy Trading, you must be an active trader with a documented track record.

BDSwiss Trading Signals

Excellent trading signal service is offered by BDSwiss, which is especially helpful to Singaporean customers with VIP and Zero Spread accounts. These real-time trading alerts provide insightful information for wise financial decision-making and are sent via a dedicated Telegram channel.

A group of experts, the well-known Frank Walbaum, who focuses on currencies, precious metals, and international stocks, creates the signals. His proficiency in technical analysis is especially valuable for traders based in Singapore, given his concentration on Asian markets.

The accessibility of these insights is improved by the ease with which traders can receive notifications via Telegram, freeing them from the burden of conducting intricate analyses independently.

These notifications are more useful since they include entry and exit levels. Because BDSwiss is transparent in keeping a public record of past alerts, traders can assess historical performance, which increases confidence in the service.

These trading signals give Singaporean traders a useful tool to help them navigate the financial markets more skilfully.

How frequently are BDSwiss Trading Signals provided?

BDSwiss Trading Signals are delivered daily, providing immediate insights into market moves.

Can beginners use BDSwiss Trading Signals effectively?

Yes, beginners can utilize BDSwiss Trading Signals because they are simple and contain entry and exit points.

BDSwiss Cashback Rebates Features and Conditions

Introducing Brokers (IBs) in Singapore have a profitable chance with the BDSwiss Forex reward program. With this program, IBs can get refunds for every kind of customer account—Cent, Classic, VIP, or Raw Spread—without worrying about it.

In the Forex market, the cashback value can reach $4.20 per lot transacted, with the possibility of larger reimbursements contingent on the clients’ trading volumes.

For this program to work, rebate providers and BDSwiss collaborate to refer clients to the broker in exchange for a portion of the spread or commission that is made.

A rebate provider receives a portion of the trader’s profits when they sign up with BDSwiss through a referral link from the trader. The rebate provider then returns the trader a portion of these profits as a rebate.

Singaporean IBs gain from this arrangement since it gives them a second source of revenue and compensates them for their clientele’s trading activity and referrals.

Is there a minimum trading volume required for BDSwiss Cashback Rebates?

No, There is no minimum trading volume requirement, but rebates are proportional to trading volume.

Can I participate in the BDSwiss Cashback Rebates program as an individual trader?

No, individual traders are not eligible for the BDSwiss Cashback Rebates program, which is intended for Introducing Brokers.

BDSwiss Web Traffic Report

BDSwiss Sponsorships

BDSwiss actively participates in sponsorships consistent with its basic corporate values and demonstrates its dedication to excellence, accomplishment, and teamwork.

Notably, BDSwiss is honored to support esteemed golf competitions such as the AVIV Dubai Championship and the DP World Tour Championship in Dubai.

The precision, tenacity, and commitment to excellence that defines BDSwiss are reflected in these sponsorships of elite golf competitions. BDSwiss also supports tennis, serving as the MercedesCup ATP 250’s sole online trading partner.

This collaboration recognizes the mental toughness and self-control that internet traders and tennis players have in common.

Additionally, BDSwiss shows its support for local communities by sponsoring women’s football and cycling teams, such as the AEK Futsal team in Larnaca, Cyprus, and the APOEL Cycling Team and OMONIA Women’s Football Team in Nicosia, Cyprus.

These sponsorships demonstrate how committed BDSwiss is to promoting well-being and a sense of community on a local and international level.

BDSwiss Geographic Reach and Limitations

BDSwiss Current Expansion Focus

BDSwiss is currently expanding across Europe and the Mascarene Islands.

Countries not accepted by BDSwiss

BDSwiss does not accept traders from the following countries:

• ✅ The United States
• ✅ Belgium
• ✅ Other OFAC-sanctioned regions

Popularity among Singaporean traders who choose BDSwiss

BDSwiss is one of the Top 10 Forex and CFD brokers in Singapore.

Does BDSwiss offer support in multiple languages for its diverse clientele?

Yes, BDSwiss offers multilingual help to meet the needs of its diversified international clients.

What is BDSwiss’ current focus in terms of geographic expansion?

BDSwiss is presently extending its offerings throughout the Mascarene Islands and Europe.

BDSwiss – Best Countries by Traders

BDSwiss vs Pepperstone vs FP Markets – A Comparison

Broker Comparison for a Range of Markets

BDSwiss Alternatives

• 🥇 With cutting-edge tools like Autochartist and Trading Central, which are perfect for technical analysis fans, GO Markets gives traders in Singapore a competitive advantage. Their focus on educational materials, such as trading books and seminars specifically designed for the Singaporean market, sets them apart. Furthermore, GO Markets offers a distinct combination of client service and an emphasis on Asian markets, providing information pertinent to Singapore traders.

• 🥈 FOREX.com: For traders interested in fundamental analysis, FOREX.com’s real-time news updates and extensive market research tools set it apart in the Singaporean market. Their advanced web-based trading option and other robust trading platforms are designed to satisfy the needs of tech-savvy Singaporean traders. Furthermore, Singaporean traders can access a wide choice of currency pairs for trading on FOREX.com, including Asian currencies.

• 🥉 Trader’s Way: With its adaptable trading circumstances, such as variable spreads and choices for high leverage, Trader’s Way is popular among traders in Singapore. Their dedication to offering a range of account kinds, such as ECN accounts, which are especially helpful for seasoned traders in Singapore seeking direct market access, makes them stand out.

BDSwiss Awards and Recognition

BDSwiss received the following recent awards and recognition:

• ✅ Broker of the Year in 2023 – Mindanao Traders Expo
• ✅ Best FX Educational Broker in 2023 – Forex Expo Dubai Awards
• ✅ Best Global Partner Program in 2023 – UF Awards
• ✅ Best Forex Research & Education Provider in 2023 – UF Awards
• ✅ Best IB/Affiliate Program in 2023 – APAC, UF Awards
• ✅ Fastest Growing Forex Broker in 2023 – Global Banking & Finance Awards
• ✅ Best IB/Affiliate Program in Africa in 2023 – FAME Awards
• ✅ Fastest Growing Multi-Asset Broker LATAM in 2023 – Gazet International Magazine
• ✅ Best Partners Program in 2022 – International Investor Awards

and many, MANY more!

Our Experience with BDSwiss

Thanks to its extensive features and easy-to-use UI, we have had nothing but good experiences with BDSwiss. What makes BDSwiss unique is its dedication to offering a wide variety of trading options to suit the needs of both inexperienced and seasoned traders.

The platform’s compliance with regulatory requirements inspires trust and guarantees a safe trading environment.

Furthermore, the range of account kinds, including Cent, Classic, VIP, and Zero Spread, allows for customized trading experiences that satisfy various risk tolerances and trading philosophies.

In our experience, incorporating educational resources and tools augments the trading experience by providing significant perspectives and facilitating well-informed decision-making.

Overall, BDSwiss is a dependable option for Singaporean traders because of its dedication to implementing cutting-edge technology and upholding superior service standards.

BDSwiss Trading Platform

According to our findings, trading is made easy and effective with the BDSwiss trading platform, especially with its connectivity with MetaTrader 4 and MetaTrader 5.

These platforms are well-known for having strong functionality and intuitive user interfaces, which make them appropriate for traders of all skill levels. The availability of real-time data, customizable charts, and sophisticated analytical tools on these platforms is invaluable for traders based in Singapore.

Traders who want flexibility and the ability to trade on the road have even more options thanks to the BDSwiss Mobile and WebTrader platforms.

A favourable environment for trading is created by the platforms’ responsiveness and stability as well as BDSwiss‘ competitive trading conditions, which include tight spreads and dynamic leverage.

Whether they are trading forex, commodities, indices, or cryptocurrencies, Singaporean traders‘ diverse demands are satisfied by this extensive platform offering.

Recommendations according to our in-depth review of BDSwiss

• ✅ Improving learning materials emphasizing the Singapore market covering regional trading tactics and economic trends will give Singaporean traders access to more pertinent and useful information.
• ✅ Increasing openness about the platform’s regulatory standing and the safeguards put in place to safeguard the investments of Singaporean traders would inspire more trust.
• ✅ Trades interested in local markets would be attracted by adding Singapore-specific goods, such as local equities and indexes, to the list of tradable assets.
• ✅ It would be more convenient and accessible for a wider variety of traders to offer customer service in regional dialects or languages spoken in Singapore.
• ✅ It would be more effective to create marketing and promotional activities that are more tailored to the needs of the Singaporean trading community. This might lead to a rise in engagement and platform adoption.
• ✅ A revision to the inactivity fee policy, possibly in the form of a fee reduction or elimination, would increase the platform’s appeal to traders who do not trade frequently.
• ✅ Commission-free trading accounts can potentially draw in a larger group of traders, especially those with little or no cash.
• ✅ The demands of traders outside of regular market hours would be met by extending customer assistance hours to include weekends and public holidays.
• ✅ Having a physical presence in Singapore would help foster trust and offer targeted support, which is crucial in light of the lack of MAS regulation.

Finally, Singaporean traders would greatly benefit from introducing the SGD deposit and withdrawal option since it would remove currency translation costs and streamline account management.

BDSwiss Customer Reviews

🥇 Impressive Customer Service!

“I’m impressed with BDSwiss’ customer service, which is quick to respond and available in several languages. It is a huge relief, especially when dealing with complicated transactions. However, the fact that their help is not available on weekends can be a disadvantage.” – Mason Thompson (March 2024)

🥈 Low Spreads!

“As a Singaporean trader, I value BDSwiss’ several account alternatives. The VIP account is ideal for my active trading style with its low spreads. However, the lack of a local Singapore office occasionally worries me, especially regarding localized service.” – Ping Chong (November 2023)

🥉 Excellent Educational Offerings!

“As a newbie, BDSwiss’ educational offerings were invaluable. Their webinars and market research reassure me, but I wish the demo account didn’t expire after 30 days. It is somewhat limiting for new traders still learning the ropes.” – Aiden Loh (January 2024)

Pros and Cons of Trading with BDSwiss

In Conclusion

Based on our in-depth analysis, BDSwiss is a versatile trading platform offering both advantages and disadvantages to Singaporean traders.

A smooth and flexible trading experience is provided by the platform’s connectivity with MetaTrader 4 and MetaTrader 5, in addition to its own web-based and mobile platforms.

Furthermore, several flexible account categories, such as Cent, Classic, VIP, and Zero Spread, are available to accommodate different trading preferences and skill levels.

However, those looking for local regulatory control could be concerned about the lack of MAS regulation. Furthermore, Singaporean traders may experience trouble and incur additional currency translation charges due to the unavailability of SGD deposits and withdrawals.

It is admirable that BDSwiss is dedicated to providing tools and educational resources that help traders make well-informed decisions. Value is added by the cashback rebates, trading signals, and VPS service, particularly for experienced traders.

However, our findings show that traders searching for more affordable options may be discouraged by the platform’s inactivity costs and lack of commission-free trading options.

Furthermore, although the customer service is effective, not all Singaporean traders may find their demands fully met due to the short hours and lack of local office assistance in Singapore.

BDSwiss Risk Warning and Disclaimer for traders: With BDSwiss, trading financial instruments entails significant risk and may not be appropriate for all Singaporean investors. You may lose part or all of the money you invested initially.

Consequently, you ought not to put money into investments you cannot bear to lose. You should be aware of all the dangers involved in trading foreign exchange and CFDs, and if you have any questions, you should consult an impartial financial advisor.

Our Review Methodology: For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker.

Based on our findings, this evaluation comprises positives, disadvantages, and an overall score. We want to assist you in locating the ideal broker for your requirements.

Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.

Now it is your turn to participate:

• ✅ Do you have any prior experience with BDSwiss?
• ✅ What was the determining factor in your decision to engage with BDSwiss?
• ✅ Was it because of the minimum deposit, regulation, retail trading accounts, or other factors?
• ✅ Have you experienced issues with BDSwiss, such as difficulty withdrawing funds, inability to verify regulations, unresponsive customer support, etc.?

Regardless, please share your thoughts in the comments below.

Addendum/Disclosure: No matter how diligently we strive to maintain accuracy, the forex market is volatile and may change anytime, even if the information supplied is correct when going live.

Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all Singaporean investors.

Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.

Frequently Asked Questions

Is BDSwiss available to traders in Singapore?

Yes, traders in Singapore have access to BDSwiss, which provides a variety of trading platforms and services appropriate for both seasoned and inexperienced traders.

What account types does BDSwiss offer to Singaporean traders?

To accommodate various trading styles and skill levels, BDSwiss offers a variety of account types, including Cent, Classic, VIP, and Zero Spread accounts.

How long does it take to withdraw from BDSwiss?

Withdrawal processing timeframes with BDSwiss can differ; they can be quick and instantaneous or, in certain circumstances, take up to 24 hours.

Does BDSwiss have Nasdaq 100?

Yes, you can use BDSwiss to access the Nasdaq 100, denoted by the notation “NAS100.”

Can Singaporean traders use SGD as their account currency with BDSwiss?

Yes, Singaporean traders can designate SGD as the base currency for their accounts, which facilitates effective money management and keeps exchange rates low.

Does BDSwiss offer Islamic accounts for Singaporean traders?

Yes, BDSwiss provides Islamic accounts that meet the requirements of Muslim traders in Singapore and are swap-free per Sharia law.

Does BDSwiss have VIX 75?

Yes, BDSwiss provides trading chances on the “VIX” Volatility 75 index. They offer competitive spreads and commission prices as low as $2.

How can Singaporean traders deposit and withdraw funds with BDSwiss?

Singaporean traders can access deposit and withdrawal options, including e-wallets, bank wire transfers, and credit/debit cards.

Is BDSwiss regulated?

Yes, BDSwiss is regulated in several countries, including Germany, the Seychelles, Mauritius, and Cyprus.

Does BDSwiss offer customer support to Singaporean traders?

Yes, while BDSwiss does not have an actual office in Singapore, they do offer multilingual customer service that is available 24/5 by live chat, email, and phone.

Is BDSwiss Safe or a Scam?

BDSwiss is a trustworthy and safe brokerage platform that provides a secure trading environment, so traders in Singapore can feel secure using it.

Are there any trading signals available for Singaporean traders on BDSwiss?

Yes, BDSwiss provides real-time alerts and insights via a specialized Telegram channel for trading signals, tailored specifically for VIP and Zero Spread account users.