BDSwiss Review
BDSwiss is a trustworthy and well-regulated broker that provides a complete trading experience. They offer a wide asset portfolio at competitive fees. Tutorials and guidelines are available from BDSwiss for both rookie and expert traders.
- Louis Schoeman
Updated : June 21, 2024
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 Withdrawals
Education and Research
Bonuses and Promotions
Affiliate Programs
Customer Support
Social Responsibility
Final Verdict
Pros and Cons
FAQ
Min Deposit
170 MXN ($10)
Regulators
CySEC, FSC, FSA, BaFin, Mwali International Services Authority
Trading Desk
MT4, MT5, BDSwiss Web, BDSwiss Mobile
Crypto
Yes
Total Pairs
83
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overview
Since its beginning in 2012, BDSwiss has continuously broadened its global presence and acquired regulatory licenses in critical sectors. The numerous industry awards they have garnered include “Best Trading Conditions” and “Best Market Research Provider.”
BDSwiss offers an exceptional resource collection for traders of all levels of expertise. A staff of professionals provides clients with trading advice, market assessments, and webinars.
BDSwiss offers a consistent supply of essential market data to address challenges and a diverse selection of payment choices.
BDSwiss has demonstrated its reputation as a brokerage firm that is both forward-thinking and trustworthy. BDSwiss is a competitive market competitor due to its dedication to education, comprehensive service offerings, and adaptability in serving the unique demands of Mexico.
Is BDSwiss a new broker?
No, BDSwiss already started operating in 2012.
Does BDSwiss share info about market movements with Mexican clientele?
Yes, BDSwiss sources and shares a steady flow of critical market data with Mexican traders.
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 | 170 MXN ($10) |
🛑 Inactivity Fee | Yes, 10% after 3 months |
📞 Website Languages | English, Czech, German, Italian, Spanish, Korean, French, Norwegian, Polish, Danish, Arabic, Malaysian, Thai, Vietnamese, Filipino, 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 an account | Open Account |
Regulation and Safety of Funds
BDSwiss is not regulated by Mexico‘s National Banking and Securities Commission (CNBV) and Banco de México (Banxico). 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 |
Does the bank in Mexico regulate BDSwiss?
No, BDSwiss is not regulated by CNBV or Banco de México (Banxico) but by other reputable entities like CySEC, FSC, FSA, and BaFin.
Can Mexican clients be sure that their deposits are safe with BDSwiss?
Yes, BDSwiss protects Mexican traders’ money by keeping funds in separate accounts.
Awards and Recognition
BDSwiss has won several awards since 2022, including the following:
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.
BDSwiss Account Types and Features
We were very impressed by the account types offered by BDSwiss, as each type of trader is provided with an account customized to their trading style, level of experience, and potential methods. The following table provides a summary of their characteristics, followed by a more detailed examination.
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 | 170 MXN ($10) | 170 MXN ($10) | 4,500 MXN ($250) | 1,700 MXN ($100) |
👉 Open an account | Open Account | Open Account | Open Account | Open Account |
Cent Account
Due to its stringent risk control regulations, the BDSwiss Cent Account’s micro-lot trading feature is particularly appealing to beginner Mexican traders.
Its training offerings aid those who are just beginning to trade by broadening their knowledge and facilitating the establishment of a strong trading foundation.
Despite the small increase in spreads (from 1.6 pips), the benefits of knowledge and lower risk outweigh this minor disadvantage.
Classic Account
Traders who have progressed past the novice stage and desire to participate in more serious market activity are eligible for the BDSwiss Classic Account. This option strikes a compromise between pricing and accessibility to diverse trading instruments, as spreads commence at 1.5 pips.
It also aids traders in enhancing their comprehension of the market and personalizing their trading experience by offering tailored account management and research tools.
VIP Account
The BDSwiss VIP Account presents an intriguing possibility for Mexican traders who are interested in advancing their trading careers. This account is designed for traders who prioritize minimizing their trading expenses, with spreads commencing at a competitive 1.1 pips.
The trading experience is enhanced by providing traders with bespoke trading signals, particularly for individuals who require immediate, individualized insights into market developments.
Zero-Spread Account
The BDSwiss Zero-Spread Account is the optimal trading account for seasoned traders. Regular traders who desire to circumvent the expenses associated with greater spreads are attracted to it, as it provides spreads as low as 0.0 pips.
We would like to remind Mexicans that trade commissions are applicable. Consequently, this is exclusively suitable for seasoned traders who comprehend market dynamics, employ high-frequency trading tactics, and seek to optimize their trading efficiency.
Demo Account
We found that the Demo Account was a particularly noteworthy feature, particularly among Mexican traders. It is a comprehensive platform that offers users virtual funds of up to $1,000,000, enabling them to engage in massive trading volumes without the risk of financial loss.
The BDSwiss Demo Account offers an authentic trading environment, complete with tools, charts, and information on legitimate trading platforms, including MetaTrader 4 and BDSwiss WebTrader.
We appreciate the demo account’s 30-day availability, as we believe it provides customers with sufficient opportunity to thoroughly evaluate the platform’s features and engage in trading techniques.
Islamic Account
BDSwiss’ Islamic Account is intended to cater to the distinctive requirements of Muslim traders globally, not solely in Mexico.
Per our investigation, this account avoids overnight fees inconsistent with Islamic financial norms. Rather, BDSwiss maintains its relevance to contemporary financial markets by adhering to Sharia standards through a set fee structure for holdings held for more than 10 days.
The Islamic Account offers attractive rates that can substantially influence profitability. The Classic account has spreads as low as 1.3 pips, while the VIP account has spreads as low as 1 pip.
This account provides access to a wide variety of trading goods and is not limited to a specific trading platform or market.
Does the BDSwiss Islamic Account limit a trader’s access to trading goods?
No, the BDSwiss Islamic Account provides access to all trading goods and is not limited to a specific market.
Which BDSwiss account incurs the lowest costs?
The BDSwiss VIP account has the lowest spreads – from a competitive 1.1 pips, and you can keep costs the lowest with it. Unfortunately, it is intended only for experienced traders.
BDSwiss Account Registration
To become a BDSwiss trader, here’s a step-by-step guide to opening an account:
Step 1 – Click on the Trading option.
On the BDSwiss website, click on the “Trading” banner in the main options on the homepage.
Step 2 – Choose an account type.
Choose “Account Types” for a detailed comparison of each. Evaluate the options with the help of the questionnaire and choose the best account type for your requirements.
Step 3 – Click on the Sign up button.
Click the “Open Account” or “Sign Up” button to start the registration procedure.
Step 4 – Fill out the form.
Complete the online registration form with your personal information, contact information, and evidence of identification (a valid Mexican ID or passport). Submit your application and wait for BDSwisss’ verification procedure.
BDSwiss vs. AvaTrade vs. CMTrading – Broker Comparison
BDSwiss | AvaTrade | CMTrading | |
⚖️ Regulation | CySEC, FSC, BaFIN, FSA | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC | FSA, FSCA |
📱Trading Platform | MetaTrader 4 MetaTrader 5 BDSwiss Mobile BDSwiss We | AvaTradeGO AvaOptions AvaSocial MetaTrader 4 MetaTrader 5 DupliTrade ZuluTrade | MetaTrader 4 CMTrading Web CopyKat |
💰 Withdrawal Fee | No | No | Yes |
📊 Demo Account | Yes | Yes | Yes |
📈 Min Deposit | 170 MXN ($10) | 1,700 MXN ($100) | 1,700 MXN ($100) |
📈 Leverage | Up to 1:1000 | 1:30 (Retail) 1:400 (Pro) | 1:200 |
📊 Spread | 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 |
💳 MXN Deposits | No | No | No |
📊 MXN 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 lots | 0.01 pips |
📈 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 an account | Open Account | Open Account | Open Account |
Trading Platforms
BDSwiss’ seamless integration of proprietary and third-party platforms left us in awe (MetaTrader 4 and 5).
Mexican traders can trade the whole spectrum of products available across all accounts with the assistance of these reliable, feature-rich platforms. Continue reading to discover the features and benefits of these platforms.
MetaTrader 4
Our trading experience on the MetaTrader 4 platform of BDSwiss was exceptional. The seamless integration with BDSwiss’ WebTrader platform enabled us to monitor prices in real time and manage our trades from any device.
Additionally, we think traders can derive advantages from BDSwiss’ specialist analytical tools, which are seamlessly integrated into the MT4 platform and provide a more comprehensive understanding of market movements.
Another remarkable attribute of the platform is its capacity to expedite the processing of orders. It guarantees that transactions are finalized promptly, with minimal slippage, and at a competitive price.
This is essential for Mexican traders who operate in unpredictable markets and depend on precise transaction execution.
The user-friendly MT4 order window provided by BDSwiss simplifies trading for both rookie and expert traders by automatically calculating position size, leverage, and required margin.
We believe MT4 at BDSwiss is an exceptional option for Mexican traders seeking a powerful and successful trading platform. This is because it integrates advanced functionality with a user-friendly trading environment.
MetaTrader 5
We found that BDSwiss offers a broader selection of CFD instruments for MetaTrader 5, which enables Mexican traders to diversify their portfolios across various asset classes effortlessly.
The website offers various alternatives encompassing indices, commodities, equities, and cryptocurrencies, enabling users to enhance their trading techniques.
BDSwiss can take pride in its back-end infrastructure for the MT5 platform, which enables the trading of numerous instruments simultaneously with no slippage and lightning-fast order execution.
This feature benefits traders who employ high-frequency trading strategies, requiring a platform to accommodate intricate requirements.
The BDSwiss MT5 platform is equipped with various visual tools and indicators that facilitate the identification of price patterns and support/resistance levels, enabling more accurate market analysis.
Mobile
The BDSwiss Mobile app, which we were impressed by for its numerous functionalities, enables traders to manage their accounts and trade hundreds of Forex and CFD products while on the road.
Traders can access the most current market data, irrespective of location, including real-time quotations and interactive charts.
The BDSwiss Mobile app’s detailed trading and transaction history is one of its most remarkable features.
Our experience indicates that this tool is indispensable for any Mexican trader that requires adjustments to their approach over time.
Mexican traders can capitalize on market movements promptly because of the app’s deposit and withdrawal functions, which simplify capital management.
Web
Upon investigating BDSwiss WebTrader, it was discovered that it is a robust online-based trading solution that can be accessed from any web browser and does not necessitate any downloads.
The trading environment is accessible continuously due to the platform’s complete synchronization with downloaded MT4 versions.
According to our observations, the integrated Trends Analysis tool is particularly beneficial for Mexican traders, as it offers a comprehensive assessment of market opportunities and anticipates future price trends.
In general, the platform’s order window and ultra-fast order execution without requotes guarantee effective trading in the fast-paced trading environment that traders commonly encounter.
How many web trading platforms are available with BDSwiss?
BDSwiss offers both a mobile and web-based platform.
Is the BDSwiss Web platform quick to execute transactions?
Yes, the BDSwiss Web platform allows ultra-fast order execution, which is useful for Mexican traders.
Range of Markets
We saw a sizable portfolio of trading instruments on a variety of financial markets using BDSwiss, including the following.
📌 Instrument | 📑 Number of Assets Offered | 📈 Max Leverage Offered |
Crypto CFDs | 27 | 1:5 |
Forex | 53 different currency pairs | 1:2000 |
Stocks | 128 | 1:5 |
Commodities | 6 | 1:200 |
Indices | 14 | 1:100 |
Min Deposit
170 MXN ($10)
Regulators
CySEC, FSC, FSA, BaFin, Mwali International Services Authority
Trading Desk
MT4, MT5, BDSwiss Web, BDSwiss Mobile
Crypto
Yes
Total Pairs
83
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Leverage and Margin
While evaluating BDSwiss’ trading terms for Mexican traders, we found that it provides an exceptionally adaptable leverage mechanism that fluctuates per the number and type of trades. This allows traders to oversee significantly larger portfolios while requiring a smaller initial commitment.
With specialized products and clientele in specific countries, leverage can approach 1:2000. Margin trading, an additional function, guarantees that MetaTrader conducts margin calls automatically, safeguarding against negative account balances.
The indicated margin is part of the trader’s account balance designated for transaction security.
After examining BDSwiss’ margin and leverage policies, we determined that the broker implements complex procedures to support diverse risk appetites and trading philosophies.
Can Mexican traders expect a high leverage for trading on BDSwiss markets?
Yes, depending on the kind of trade, they can expect leverage up to 1:2000 with BDSwiss.
Can my account reach a negative balance with BDSwiss if my trading is unsuccessful?
No, Mexican traders have the assurance that BDSwiss applies automatic margin calls to avoid negative balances.
BDSwiss Spreads and Fees
According to our BDSwiss pricing analysis, the broker has the following fee structure.
Spreads
Mexican traders can effortlessly capitalize on favourable spreads on prominent currency pairings like EUR/USD, which can be as low as 0.01 pips since they fluctuate according to market conditions.
Commissions
BDSwiss’ commissions support a diverse array of account types and trading styles. Indexes incur a $2 fee, while shares incur a 0.15% commission for the Cent and Classic accounts.
A 0.15% fee is assessed on shares in the VIP account. An additional $6 fee for indices and equities is charged when forex and commodities transactions are conducted using the Zero Spread account.
We believe this tiered commission plan will enable Mexican traders to control their trading expenses.
Overnight Fees
BDSwiss incurs overnight costs, referred to as swap fees, for positions that are kept beyond the daily closing time. These fees depend on whether one opts to go long or short on a particular instrument.
Deposit and Withdrawal Fees
Mexican traders benefit from BDSwiss not charging deposit and withdrawal fees.
Inactivity Fees
If an account has not been utilized for over three months, Mexicans will be charged an inactivity fee of 10% of their account balance.
Currency Conversion Fees
Mexican traders should consider currency conversion costs if they trade instruments in denominations other than their base currency. Fortunately, MXN is accepted as currency by BDSwiss if you use Beeteller.
What will it cost me if my BDSwiss account remains idle for some time?
If you don’t trade for longer than 3 months, BDSwiss will charge an inactivity fee of 10% of the account balance.
Will I pay conversion fees with BDSwiss?
No, as a Mexican trader, you don’t have to pay conversion fees as BDSwiss accepts MXN as payment currency if you use Beeteller.
BDSwiss Deposits and Withdrawals
📚 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, Chile, 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 |
Deposits
How to Deposit using Bank Wire Step by Step
✅ Navigate to the “Deposit” area after entering into your BDSwiss account.
✅ Select “Bank Wire Transfer” from the menu.
✅ Acquire the account number, SWIFT/BIC code, and bank name for BDSwiss.
✅ To initiate a wire transfer from your bank, enter the BDSwiss banking information previously provided.
✅ Enter the deposit amount you wish to make in the currency linked to your account.
✅ Finalize the deposit and retain the confirmation number or receipt for future reference. The funds should be deposited into your trading account within 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.
✅ Select “Debit/Credit Card” from the list of alternatives.
✅ Provide precise information on your credit card (number, expiry date, CVV code, etc.).
✅ Select one of the currencies available: EUR, GBP, or USD, to make your deposit.
✅ Finalize the transaction. The funds in your trading account should be immediately visible after you deposit, as they are often processed immediately.
How to Deposit using Cryptocurrency Step by Step
✅ To begin a deposit, log into your BDSwiss account.
✅ Select “Cryptocurrency Wallet” to initiate a deposit.
✅ Specify your chosen cryptocurrency type in the designated field (BTC, ETH, etc.).
✅ Acquire and duplicate the BDSwiss wallet address.
✅ Enter the address of your personal crypto wallet and provide it to BDSwiss.
✅ Enter the sum of your deposit.
✅ Finalize and confirm the transaction. While most deposits are instant, blockchain network confirmation will affect how quickly money appears in your account.
How to Deposit using e-Wallets or Payment Gateways Step by Step
✅ Navigate to the “Deposit” area after entering into your BDSwiss account.
✅ Select an electronic wallet from the available choices.
✅ Select the currency and deposit amount that you wish to use.
✅ You will be sent to the e-wallet or gateway of your choice.
✅ Log in to finalize your deposit. The money that has been deposited will be instantly credited to your BDSwiss account.
Withdrawals
How to Withdraw using Bank Wire Step by Step
✅ Navigate to the “Withdrawal” area of your BDSwiss account after logging in.
✅ Utilize the “Bank Wire Transfer” option to withdraw funds.
✅ When completing your banking details, provide your account number and SWIFT or BIC code in the required fields.
✅ Enter the desired withdrawal amount.
✅ Forward the withdrawal request. Although BDSwiss endeavours to handle withdrawals in less than a day, it may take several days for the monies to be posted to your account by your bank.
How to Withdraw using Credit or Debit Cards Step by Step
✅ To initiate a withdrawal, log in to your BDSwiss account.
✅ Select “Credit/Debit Card” while withdrawing cash.
✅ You have the option of using the same card that was previously used to make deposits or a new one.
✅ Inform them of the amount you wish to withdraw.
✅ Verify the information and submit your withdrawal request. Even though BDSwiss processes withdrawals to credit or debit cards within 24 hours, the funds may not appear on your card for a few days due to how banks manage transactions.
How to Withdraw using Cryptocurrency Step by Step
✅ Select “Withdrawal” after logging into your BDSwiss account.
✅ Choose “Cryptocurrency Wallet” as your preferred method for withdrawing funds.
✅ Choose the coin you wish to extract.
✅ Select an address for your external wallet.
✅ Kindly specify the amount you wish to withdraw.
✅Before filing the withdrawal request, ensure that all information is accurate. BDSwiss will process your cryptocurrency withdrawal request within one day. The availability of the funds in your external wallet will be contingent upon the speed of the blockchain network.
How to Withdraw using e-Wallets or Payment Gateways Step by Step
✅ Select “Withdrawal” after logging into your BDSwiss account.
✅ Select the digital wallet from which you made the deposit.
✅ Enter the desired withdrawal amount.
✅ You will be able to verify the withdrawal details by accessing the website of your e-wallet.
✅ Verify and authorize withdrawal. As BDSwiss completes these withdrawals in less than a day, the funds should be available in your e-wallet nearly immediately after processing.
Can Mexican traders use their local currency for deposits to BDSwiss?
Yes, Mexican traders can use Mexican pesos (MXN) to fund their accounts with BDSwiss, provided they use Beeteller.
Is it free to withdraw money from your BDSwiss account?
Yes, Withdrawals do not incur a fee with BDSwiss, but local bank fees might be applicable.
Education and Research
The BDSwiss website offers traders a variety of resources, including research, instructional materials, and trading tools, to assist them in the initial stages of their trading adventure, the refinement of their methods, and keeping informed about financial news and other relevant topics.
View the table below to determine what to expect from BDSwiss and how it can benefit your trading.
📅 Economic Calendar | Yes |
🧮 Forex Calculator | Yes |
📍 VPS | Yes |
🗩 FAQ | Yes |
📊 AutoChartist | Yes |
📶 Trading View | Yes |
📡 Trading Central | Yes |
🌐 Market Analysis | Yes |
📰 News Feed | Yes |
💻 Blog | Not indicated |
📚 eBooks | Yes |
📱 Educational Videos | Yes |
Apart from the above, BDSwiss also offers the following resources:
➡️ The BDSwiss Currency Heatmap for visualizing major currencies’ relative strengths and weaknesses.
➡️ An “Our Analysts” section, where financial experts evaluate market conditions.
➡️ The BDSwiss Learning Center contains articles, videos, and live seminars that range from fundamental concepts to advanced strategies.
➡️ Forex Basic Lessons, an introduction to fundamental Forex concepts and trading techniques.
➡️ A Weekly Outlook feature forecasts the week’s expected market movements and events.
➡️ 1-on-1 VIP Sessions with experienced traders.
➡️ Live Spreads Price Feed for real-time spread information.
Does BDSwiss provide info about market movements?
Yes, BDSwiss provides forecasts of the week’s expected market movements and events.
How would I know which currencies are strong or weak at a given time?
The BDSwiss Currency Heatmap shows the relative strengths and weaknesses of major currencies.
Bonuses and Promotions
Our evaluation has revealed that BDSwiss doesn’toffer any discounts or incentives to its Mexican clientele. However, BDSwiss maintains an affiliate network that generates substantial profits and converts prospective clients into active participants.
Affiliate Programs
The affiliate program is one of the most profitable components of BDSwiss’ comprehensive portfolio.
We examined every aspect of this program, including its features, benefits, compensation, and other criteria, to provide Mexicans with a comprehensive understanding of what to anticipate from their employment with BDSwiss.
Features
The BDSwiss affiliate program enables Mexicans to generate revenue by directing new customers to BDSwiss through their blog, social media account, or trading education platform.
The commission structure of this service is intended to augment your earnings as you attract additional traders. BDSwiss offers its affiliates diverse marketing materials, including banner advertisements, landing sites, and social media posts.
This guarantees that the advertising initiatives of Mexican affiliates are successful among the local population. Additionally, BDSwiss offers expert assistance for any inquiries or complications that may occur.
An intuitive online portal provides real-time tracking and reporting, as transparency is a top priority for BDSwiss. Individuals may monitor their growth, optimize their revenues, and modify their marketing plans by employing data analysis tools.
The BDSwiss affiliate network can potentially produce a consistent source of passive revenue. You can receive commissions based on the continuous trading activity of new traders you have successfully referred.
The BDSwiss affiliate program offers a diverse array of incentives in addition to money prizes. Mexican affiliates can establish an active trading community by cooperating with a reliable broker such as BDSwiss.
We believe individuals can establish themselves as authoritative leaders and trendsetters in the Mexican trading scene.
How to Register an Affiliate Account with BDSwiss Step-by-Step
Step 1 – Click on the “Partners” section.
Visit the BDSwiss website. Go to “Partners” from the site’s main menu.
Step 2 – Select the “Start Now” button.
Read all the materials, including the terms and conditions. Learn the program’s benefits and earnings potential. Click the large “Start Now” button if you’re sure.
Step 3 – Complete the form.
Redirect to the affiliate registration form. Enter your name, address, email, and phone number. Following your submission, BDSwiss will email you a confirmation. Click the verification link to finish registration.
How can I execute a marketing strategy for BDSwiss?
You should optimize your campaigns, check your results on the affiliate site, and refer new traders to BDSwiss using your unique affiliate link.
Do I need to have a marketing strategy ready if I apply to become a BDSwiss affiliate?
No, you can join the BDSwiss Affiliate Program regardless of your strategy if you have a website or social media account with thousands of followers. Furthermore, BDSwiss will assist you in creating a marketing strategy.
Customer Support
Customer Support | BDSwiss 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 BDSwiss Support | 5/5 |
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 Mexican traders communicate with BDSwiss in Spanish if they need help?
Yes, BDSwiss provides customer service in Spanish, so Mexicans should have no problem communicating with the broker.
Can Mexican traders contact BDSwiss customer support any day of the week?
No, Mexican traders can only contact customer service on weekdays during market hours.
Social Responsibility
As indicated by our research, BDSwiss is significantly engaged in social welfare and community development.
BDSwiss’ involvement in Cyprus’ 6th Spring Festival in April 2024 is a significant example of their efforts to unite the community to promote local traditions and cultural celebrations.
Cyprus office employees participated in the 2024 Limassol Marathon, prioritizing corporate wellness and teamwork.
One of BDSwiss’ most successful corporate social responsibility activities was sponsoring a charity music night in Limassol in February 2024, which raised funds for local organizations.
BDSwiss also contributed computer stations to “Fundraising.” over the 2023 holidays to assist children in their schooling. Limassol’s “365 Charity Run Walk” was participated in by BDSwiss in December 2023, illustrating the company’s commitment to community health and fitness.
The company’s commitment to positive change is evident in our examination of BDSwiss’ CSR initiatives, demonstrating an excellent dedication to worldwide community projects.
User Comments and Reviews
“Doing business with BDSwiss is an amazing experience. Even when I grumbled about having to wait for a withdrawal to clear, they professionally handled my issues.”
“Their customer service is outstanding, and it is not difficult to withdraw money from their account.”
“BDSwiss is the most reputable company in my country.”
“They are quick to respond to questions, it is simple to make deposits, and pulling money out does not take too long.”
10 Best Forex Brokers in Mexico for 2024
Rank
Broker
Review
Regulators
Min Deposit
Official Site
Conclusion
Following a comprehensive analysis, we have determined that BDSwiss is an exceptional platform for Mexican traders due to its robust regulatory regulations, various account options, and comprehensive trading tools.
BDSwiss is dedicated to ensuring a secure trading environment and complies with numerous regulatory regulations, which should alleviate concerns among Mexican traders.
The broker accommodates traders of all levels of experience and risk tolerance due to its low account spreads and flexible leverage structure.
Our Insight
Although there are a few areas where BDSwiss can enhance its services for the Mexican market, we found that BDSwiss can be a viable choice for Mexican traders because of its consistent customer service, transparent pricing structures, and great educational support.
Our Recommendations on BDSwiss
We believe that BDSwiss is the optimal choice for Mexican traders, depending on their risk tolerance and trading approach. Nevertheless, there are still areas in which the broker could improve. Our recommendations are as follows:
Money transfers can be expedited through improved ties with Mexican regional banks and financial organizations.
BDSwiss can enhance its mobile trading platform due to the extensive use of mobile devices in Mexico.
BDSwiss Pros and Cons
As part of our comprehensive study, we aim to offer traders a comprehensive understanding of what to expect from BDSwiss as the company services a diverse spectrum of traders worldwide.
✅ 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 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 |
An abundance of educational resources and trading tools | Spreads are wider than those of several leading industry players, especially for Classic accounts |
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Frequently Asked Questions
Is BDSwiss regulated?
Yes, BDSwiss is regulated by reputable entities like FSC and FSA, CySEC, and BaFIN.
What is the minimum deposit to open an account with BDSwiss?
The minimum deposit amount is 170 MXN ($10).
Do I have instant access when I withdraw money from BDSwiss?
No, not necessarily; you might have to wait for your funds, but usually no longer than 24 working hours.
Can I trust BDSwiss with my money?
Yes, BDSwiss is a trustworthy broker that is well-regulated.