BDSwiss Review 2026
BDSwiss is an offshore forex and CFD broker that lost its UK and Cyprus licenses, and Trustpilot reviewers report long withdrawal delays and account fee disputes.
Min Deposit
$10
Spreads From
0.0 pips
Max Leverage
1:30
Platforms
3
Pros
- Low minimum deposit of just $10 on Cent and Classic accounts
- Offers MetaTrader 4, MetaTrader 5, and a proprietary web platform
- Raw account spreads start from a competitive 0.3 pips
- Free Trading Academy with structured courses and weekly webinars
- Holds active licenses in Seychelles, Mauritius, and the UAE
Cons
- FCA banned it from serving UK clients in 2021 and ordered refunds
- CySEC fined it 100,000 euros in 2023, then pulled its license in 2025
- No longer regulated in the UK, the EU, or the United States
- Trustpilot score of just 2.1 out of 5 from thousands of reviews
- Many reviewers report withdrawal requests stuck pending for months
- Germany's BaFin warned a related entity had no permission to operate there
- Its Seychelles entity still accepts EU sign ups despite holding no EU passported license
- Its UAE license only covers consulting and introduction, not CFD dealing
BDSwiss is a forex and CFD broker that started in 2012 in Limassol, Cyprus. It grew fast and built more than 1.5 million client accounts worldwide. In 2021, the FCA stopped its Cyprus unit from serving UK clients after finding that 99 percent of UK traders used unlicensed overseas firms in the same group, and ordered client money returned.
CySEC fined the Cyprus arm 100,000 euros in 2023 for letting offshore affiliates skip margin rules, then withdrew its license in 2025 after months of no real trading activity. BDSwiss now runs mainly through BDS Ltd in Seychelles, with MetaTrader 4, MetaTrader 5, and a web platform. Raw account spreads start from 0.3 pips, and leverage can reach 1:2000 offshore.
In 2022, Germany's BaFin warned that a related firm, BDS Markets, had no permission to work there. On Trustpilot, BDSwiss scores just 2.1 out of 5 from thousands of reviews. Many say withdrawals sit pending for months while fees keep getting charged and support stops replying.
Min. Deposit
USD 10
Max Leverage
1:2000 (dynamic, offshore accounts)
Spreads From
0.3 pips
Platforms
BDSwiss is a multi-regulated retail broker founded in 2012 and serving over 1 million clients across 180 countries. The broker is regulated by CySEC in Cyprus, FSC in Mauritius, and FSA in Seychelles, with a particularly strong following in Germany, Greece, and across Sub-Saharan Africa.
The broker offers access to 250+ instruments including forex pairs, stocks, indices, commodities, and cryptocurrencies across multiple account types. BDSwiss supports MetaTrader 4, MetaTrader 5, and its proprietary BDSwiss platform with built-in copy trading functionality.
BDSwiss is known for its extensive educational offering, including a trading academy with courses, webinars, and market analysis in multiple languages. The broker's Raw+ account provides ECN-like spreads from 0.0 pips with competitive commissions, while the Classic account offers commission-free trading with slightly wider spreads.
Classic
VIP
Raw+
50+ currency pairs available for trading
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
Regulators
Platforms
- CySEC (Cyprus)
- FSC (Mauritius)
- FSA (Seychelles)
