BDSwiss Review
A BDSwiss review for South African traders: account types, the $10 entry, MT4/MT5 and BDSwiss WebTrader, spreads, regulation and withdrawals.
Open a Free Account →BDSwiss is an established forex and CFD broker (since 2012) aimed at traders who want MetaTrader 4 and 5 alongside a simple in-house WebTrader. South Africans can open a Classic account from roughly $10 and trade forex, metals, indices, shares and crypto as CFDs. Costs depend on the tier — Classic uses wider spreads with no commission, while Raw offers spreads from 0.0 pips plus a commission. Regulation is via mid-tier authorities such as the FSC in Mauritius, so check the entity you sign up under and confirm current terms.
BDSwiss at a glance
- Type: forex and CFD broker founded in 2012, serving clients across Africa, Europe and Asia.
- Entry-level account from about $10, with Classic, VIP and Raw tiers.
- Trade on MetaTrader 4, MetaTrader 5 and the BDSwiss WebTrader and mobile app.
- Markets: forex, metals, indices, commodities, shares and crypto as CFDs.
- Spreads from around 1.5 pips on Classic and from 0.0 pips plus commission on Raw.
- Free BDSwiss demo account on MT4/MT5 to practise before trading live.
- Regulated through entities including the FSC (Mauritius) and others depending on region.
BDSwiss — pros & cons
| Pros | Cons |
|---|---|
| MT4 & MT5 from a ~$10 entry | Top tiers need large deposits |
| Wide CFD market range | Not directly FSCA-licensed |
| Raw spreads from 0.0 pips | Classic spreads are wider |
BDSwiss accounts
| Account | From | Spread / cost |
|---|---|---|
| Classic | $10 | From ~1.5 pips, no commission |
| VIP | $3,000 | From ~1.1 pips, no commission |
| Raw | $5,000 | From 0.0 pips + commission |
BDSwiss key facts
| Item | Detail |
|---|---|
| Founded | 2012 |
| Platforms | MT4, MT5, WebTrader, app |
| Markets | Forex, metals, indices, shares, crypto CFDs |
| Minimum deposit | ~$10 (Classic) |
| Regulation | FSC (Mauritius) and others by region |
Frequently asked questions
Is BDSwiss a good broker for South Africans?
BDSwiss suits South Africans who want MetaTrader 4/5 with a low entry deposit and a broad CFD range. It is regulated by mid-tier authorities rather than the FSCA directly, so check the entity you sign up under and confirm current terms.
What is the BDSwiss minimum deposit?
The Classic account starts from about $10, while VIP and Raw accounts require larger deposits in exchange for tighter spreads.
Does BDSwiss offer MT4 and MT5?
Yes. BDSwiss supports both MetaTrader 4 and MetaTrader 5, plus its own WebTrader and mobile app, so you can pick the platform you prefer.
Does BDSwiss have a free demo account?
Yes. BDSwiss offers a free demo account on MetaTrader 4 and 5, funded with virtual money and live prices. It is a good way for South African traders to test the platform and a strategy before depositing real funds.