BDSwiss guarantees ultra-fast execution on trades conducted across 250+ global financial instruments. Brazilians can trade using maximum leverage of up to 1:2000 with BDSwiss. BDSwiss offers several flexible account types ranging from Cent to Zero-Spread.
- Maryke Myburgh
Jump to:
Overview
Regulation and Safety of Funds
Awards and Recognition
Account Types and Features
Account Registration
Broker Comparison
Trading Platforms
Range of Markets
Fees
Deposit and Withdrawels
Education and Research
Bonuses and Promotions
Affiliate Programs
Customer Support
Social Responsibility
Final Verdict
Pros and Cons
FAQ
Min Deposit
USD 10
Regulators
FSCA, FSC, FSA, MISA
Trading Platform
MT4, MT5, WebTrader, BDSwiss app
Crypto
Yes
Total Pairs
53
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overview
During our search for a reliable trading platform, we discovered BDSwiss. We were particularly intrigued by the company’s background.
Founded in 2012 in Switzerland, BDSwiss takes pride in its Swiss heritage. The journey from Switzerland to becoming a global broker is truly remarkable and sets it apart from others in the market.
What sets BDSwiss apart from other companies? For us, their expertise in serving both novice and experienced traders is impressive.
They have accomplished this by offering a user-friendly platform, a diverse selection of assets, and attractive trading terms. With a wide range of trading options available, BDSwiss offers traders plenty of choices to explore, including forex, CFDs, and binary options.
Our experience with BDSwiss has demonstrated that it is not your average broker. They are dedicated to constantly improving the trading experience, as shown by their recognition, including the “Best Trading Conditions” award in 2019 and the “Best Trade Execution” award in 2020.
BDSwiss has shown impressive flexibility in catering to Brazilian traders. The availability of their platform in Portuguese is a significant advantage for Brazilian traders.
According to our research, BDSwiss has achieved remarkable success. In an extremely short span of eight years, they have experienced exponential growth, transforming from a humble startup into a prominent broker boasting an impressive one million registered accounts.
This rapid growth highlights their commitment to offering an exceptional trading environment.
So, what makes BDSwiss a great choice for Brazilian traders? In addition to their local presence and language support, what truly stands out is their dedication to providing a seamless trading experience.
Furthermore, their educational resources, including webinars, seminars, and market analysis, are designed to assist traders in achieving success at all levels.
Overall, our evaluation of BDSwiss reveals a broker that is dedicated to its clients, continuously improving, and with a strong history of providing a top-notch trading environment.
Therefore, if you’re a Brazilian trader looking for a reliable and robust platform, BDSwiss might just be the perfect choice for you.
How long has BDSwiss been involved in the trading industry?
BDSwiss has been providing trading services since its inception in 2012, establishing a reputation for dependability and a wide choice of trading alternatives.
Is BDSwiss appropriate for beginning Brazilian traders?
Yes, BDSwiss is appropriate for novices, with a Cent Account for low-risk trading and various training materials to assist new Brazilian traders in learning the ropes.
BDSwiss Review At a Glance
🗓Established Year | 2012 |
🪪Regulation and Licenses | CySEC, FSC, FSA, BaFin, Mwali International Services Authority |
🌟Ease of Use Rating | 4/5 |
💰Bonuses | None |
⏰Support Hours | 24/5 |
📊Trading Platforms | MetaTrader 4, MetaTrader 5, BDSwiss Web, BDSwiss Mobile |
📈Account Types | Cent, Classic, VIP, Zero Spread, Islamic, Demo |
💸Base Currencies | ZAR, USD, EUR, GBP, etc. |
📊Spreads | From 0.0 pips EUR/USD |
📈Leverage | 1:2000 |
💳Currency Pairs | 53; Minor, Major, and Exotic Pairs |
💰Minimum Deposit | 51 BRL ($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 Account | Open Account |
Regulation and Safety of Funds
BDSwiss Regulation in Brazil
BDSwiss is not regulated by Brazil’s Comissão de Valores Mobiliários or Securities and Exchange Commission (CVM). However, BDSwiss’ global regulations are listed in the table below.
BDSwiss 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 |
BDS Holding PLC | Cyprus | – | CySEC | 2 | SD047 |
BDSwiss 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 |
Which regulatory organizations regulate BDSwiss’ activities for Brazilian traders?
BDSwiss is licensed by many agencies, including the CySEC and FSC, which ensures a safe trading environment for Brazilian traders.
How does BDSwiss secure the money of Brazilian traders?
BDSwiss secures traders’ assets with segregated accounts and negative balance protection, ensuring Brazilian customers’ capital.
BDSwiss Awards and Recognition
Our exploration of the BDSwiss website brought us to a range of awards that the broker has recently won, including the following:
- In 2025, BDSwiss received the prestigious “Fastest Growing Forex Broker” award at the Fastbull Trading Influencers Awards Ceremony.
- BDSwiss was honored with the esteemed “Fastest Growing Forex Broker Dubai 2023” Award by the Global Banking & Finance Review.
- At the UF AWARDS APAC 2023 ceremony, BDSwiss was honored with the prestigious “Best IB/Affiliate Programme – APAC 2023.”
- BDSwiss received the prestigious “Best Forex Research & Education Provider” award at the UF AWARDS Global 2023.
- BDSwiss was honored with the prestigious “Best Global Partnership Programme” award at the UF AWARDS Global 2023.
- In 2023, BDSwiss received the prestigious “Financial Achievements in Markets Excellency (FAME) distinction for the Best IB/Affiliate Program Africa.”
- In addition, BDSwiss received the prestigious “Fastest Growing Multi-Asset Broker LATAM 2023” accolade from Gazet International Magazine.
BDSwiss Account Types and Features
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 | 51 BRL ($10) | 51 BRL ($10) | 1,300 BRL ($250) | 510 BRL ($100) |
BDSwiss Cent Account
If you’re new to trading or prefer to take a cautious approach, the BDSwiss Cent Account is a great choice.
We found that the Cent Account offers minimal risk exposure, making it perfect for beginners. It offers a low minimum deposit of only 51 BRL ($10) and the option to trade in micro-lots, making it easy for anyone to start trading.
With starting spreads as low as 1.6 pips, it becomes a competitive option for lower-volume trading. This provides Brazilian traders a practical opportunity to gain experience without exposing themselves to significant financial risks.
BDSwiss Classic Account
Next, we explored the Classic Account and found that it is designed for traders who have progressed beyond the beginner stage and are seeking more robust trading conditions.
With a minimum deposit requirement of just 51 BRL ($10) and spreads starting from 1.3 pips, it offers a great combination of affordability and competitive trading conditions.
We also found that this account type is perfect for Brazilian traders who engage in frequent or higher-volume trading, as it is commission-free and offers great value.
Furthermore, the Classic Account also provides access to popular trading platforms such as BDSwiss App and WebTrader, MT4, and MT5, offering a user-friendly trading experience with transparent fee structures.
BDSwiss VIP Account
If you’re a Brazilian trader looking for a personalized experience, the BDSwiss VIP Account is perfect for you. With spreads starting from as low as 1 pip, you’ll have access to great trading opportunities.
While it requires a higher minimum deposit of 1,300 BRL ($250), this option is designed for individuals with more trading experience or a larger amount of capital to invest.
With the VIP Account, Brazilians receive top-notch support and a dedicated account manager who will provide personalized assistance and respond to your inquiries promptly.
This will greatly enhance your trading experience. This account is tailored to cater to the requirements of experienced traders who seek optimal trading conditions, such as narrower spreads for more efficient trading.
With various helpful tools and resources, this account type is a great choice for Brazilian traders looking to make the most of their trading opportunities.
BDSwiss Zero-Spread Account
The BDSwiss Zero-Spread Account is the top-tier option for traders seeking the narrowest spreads and are open to paying a commission for this benefit.
This account is perfect for Brazilian scalpers and high-volume traders who can take advantage of long-term cost savings on spreads, with spreads starting from 0.0 pips and a commission of $6 on Forex.
This account has a minimum deposit of 510 BRL ($100), making it accessible to a diverse group of traders, including those in Brazil who are looking to gain an advantage in fast-paced trading environments.
The Zero-Spread Account is especially beneficial for Brazilian traders who use strategies that require quick market entry and exit, where every pip plays a role in profitability.
In our experience, this account type highlights BDSwiss’ dedication to offering versatile trading solutions customized to meet traders’ requirements at every experience level.
BDSwiss Demo Account
While investigating BDSwiss, we stumbled upon something fascinating – their Demo Account.
This is no ordinary trial run. It’s a comprehensive trading platform replica that allows Brazilian traders to fully engage in the market without using real money.
A virtual balance of $10,000 provides Brazilian traders with a practical opportunity to test their strategies and familiarize themselves with market dynamics.
In addition, we found that the BDSwiss Demo Account is not limited to a short period; it is available for a generous duration of 30 days. Traders have plenty of time to explore the platform, experiment with various trading instruments, and fine-tune their strategies.
With its demo account, BDSwiss provides a secure environment replicating the complete BDSwiss experience, offering a diverse selection of assets and up-to-date market prices.
In addition, we also found that customer support is available in Portuguese to provide valuable assistance to Brazilian traders and address any inquiries they may have.
BDSwiss Islamic Account
Now, let’s discuss BDSwiss’ Islamic Account. This account is unlike any other swap-free account you’ve come across.
BDSwiss strives to provide exceptional service to its users. In addition to providing a swap-free trading environment per Sharia law principles, this account goes above and beyond.
Furthermore, it provides access to a wide range of BDSwiss trading instruments, such as forex, commodities, indices, and shares. Brazilian traders can diversify their portfolios while remaining faithful to their religious beliefs.
Does BDSwiss provide demo accounts for Brazilian traders to practice trading?
BDSwiss offers demo accounts with virtual funds, enabling Brazilian traders to test out trading methods without risking real money.
What leverage options are available for Brazilian traders on BDSwiss?
BDSwiss provides dynamic leverage options to Brazilian traders, with limits of up to 1:2000 depending on the account type and instrument.
BDSwiss Account Registration
The process involved with registering a BDSwiss account takes only a few minutes, and here’s how we did it:
Step 1 – Visit the official website of BDSwiss
To start the account registration process, Traders can visit BDSwiss official website and click the “Sign up” option from the top toolbar.
Step 2 – Complete Personal Information
Complete the electronic application form by providing personal details, contact information, and tax residency. This will start the account setup process.
Step 3 – Complete KYC
Please ensure your ID and proof of address are readily available for uploading.
You can customize your trading settings to suit your preferences. Adjust your leverage base currency and choose your preferred trading platform from options like MT4, MT5, or BDSwiss’ proprietary platform.
Please review and accept BDSwiss’ terms and conditions regarding account opening, trading policies, and data protection.
After submitting your information, you must follow BDSwiss’ verification procedures to verify your account.
Upload the required documents to verify your account, including your government-issued ID or password (some platforms might even ask for your Driver’s license), utility bill, or credit card statement.
Give BDSwiss a day or two to review the information and documents. You will be notified once your account is approved.
Is there a registration fee for Brazilian traders on BDSwiss?
BDSwiss has no registration fees, making registering an account affordable for Brazilian traders. However, traders are subject to a minimum deposit requirement once their account is verified, allowing them to start trading live markets.
How can Brazilian traders set up an account with BDSwiss?
Brazilian traders can apply for a BDSwiss account by filling out the online application form and supplying the required documents for verification according to KYC.
BDSwiss Broker Comparison
🥇 BDSwiss | 🥇 Admirals | 🥇 Saxo Bank | |
🗺️ Regulatation | CySEC, FSC, BaFIN, FSA, Mwali International Services Authority | FCA, ASIC, CySEC, EFSA, JSC, FSCA, CMA | Danish FSA, Danish FSA in UAE, Danish FSA in Brazil, Danish FSA in Czech, FCA, MAS, FINMA, CONSOB, Japan JFSA, Hong Kong FSC, ASIC, Dutch Central Bank and Authority for Financial Markets in the Netherlands, National Bank of Belgium and Financial Services and Market Authority, Banque de France and Autorite Marche Financial |
💻 Trading Platform | MetaTrader 4 MetaTrader 5 BDSwiss Mobile BDSwiss Web | MetaTrader 4 MetaTrader 5 Admirals Mobile App | SaxoTraderGO SaxoTraderPRO |
💰 Withdrawal fee | No | Yes | No |
💳 Demo Trading Account | Yes | Yes | Yes |
💰 Minimum Deposit | 51 BRL ($10) | 5 BRL ($1) | 0 BRL ($0) |
📊 Leverage | Up to 1:2000 | 1:30 Retail 1:500 Pro | 1:30 |
💰 Spreads | From 0.0 pips | From 0.0 pips | From 0.4 pips |
🚀 Commissions | From $2 | From $0.02 | From $0 on Mutual Funds |
📊 Margin Call/Stop out | 50%/20% | 100%/50% | Flexible |
📊Order Execution | Instant/Market | Market, Exchange | Market |
❌No-Deposit Bonus | No | Yes | No |
🪙Cent Accounts | Yes | No | No |
📒 Account Types | Cent Account Classic Account VIP Account Zero Spread Account | Trade.MT5 Invest.MT5 Zero.MT5 Bets.MT5 Trade.MT4 Zero.MT4 | Classic Account Platinum Account VIP Account |
🏛️CVM Regulation | No | No | No |
💰BRL Deposits | Yes | No | No |
💻BRL Account | No | No | No |
📞Customer Service Hours | 24/5 | 24/5 | 24/5 |
💳Retail Investor Accounts | 4 | 6 | 3 |
☪️Islamic Account | Yes | Yes | No |
💰Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
💸Maximum Trade Size | 50 lots | 200 lots | Flexible |
⏰Minimum Withdrawal Time | Instant | Instant | Instant |
⏲️Maximum Estimated Withdrawal Time | Within 24 hours | Between 3 to 5 working days | Up to 5 days |
💳Instant Deposits and Instant Withdrawals? | Yes | Yes | Yes,deposits |
👉Open Account | Open Account | Open Account | Open Account |
BDSwiss Trading Platforms
We tested each of BDSwiss’ platforms to give us an idea of what Brazilians can expect from the robust, feature-rich, and user-friendly software they can expect. Here’s what we found after our testing.
MetaTrader 4
After conducting a comprehensive analysis, we have determined that BDSwiss’ MetaTrader 4 (MT4) platform is highly recommended for Brazilian traders who are looking to navigate the ever-changing South American markets.
The MT4 platform has been made even more versatile by BDSwiss, thanks to advanced technology enhancements, ensuring a user-friendly experience.
One of its notable features is its impressive execution speeds, which are essential for minimizing slippage during rapid market changes. This is particularly important for traders closely monitoring the region’s economic trends.
MT4’s customizable options enable Brazilian traders to personalize their trading environment, setting alerts for significant events and indicators pertinent to the South American economic landscape.
In addition, BDSwiss offers a variety of CFD options, such as forex, commodities, and indices, allowing investors to explore Brazil’s diverse investment opportunities.
Integrating BDSwiss’ educational resources, the MT4 experience is enhanced, giving Brazilian traders access to a wide range of learning materials.
This integration is incredibly valuable for traders of all levels, assisting them in enhancing their market knowledge and honing their strategies to navigate the financial markets successfully.
MetaTrader 5
When it comes to MetaTrader 5 (MT5) by BDSwiss, our analysis uncovered a platform that elevates Brazilian traders to new levels. MT5’s expanded asset options, including stocks and cryptocurrencies, fit Brazil’s increasing interest in diversified investment portfolios.
Using a single platform to trade these assets makes investing easier for Brazilians who want to participate in both global and domestic markets.
MT5’s advanced charting tools, including the Trends Analysis feature, are crucial for spotting trading opportunities in Brazil and worldwide. With the help of these tools, you can make informed decisions quickly and take advantage of emerging market trends.
The platform’s capability to trade multiple assets is a notable benefit, providing Brazilian traders the convenience of accessing various markets from a single interface. Efficiency is essential for individuals responding quickly to market news and events impacting their investments.
In addition, the hedging functionality of MT5 gives traders a strategic advantage, enabling them to manage risks during Brazil’s economic fluctuations effectively.
Overall, MT5 by BDSwiss is a top-notch trading platform that offers a comprehensive design and a solid infrastructure. We believe it’s the perfect choice for Brazilian traders looking for a powerful and adaptable platform.
BDSwiss Mobile
The BDSwiss Mobile app is designed to be user-friendly and convenient, catering specifically to Brazilian traders, often on the go.
Equipped with up-to-the-minute quotes and dynamic charts, the app enables traders to swiftly and confidently make informed choices right from their mobile devices.
This is especially beneficial for Brazilian traders who require constant connectivity to the market to navigate the dynamic shifts in South America’s economy effectively.
The app also enables 24/7 trading of CFD cryptocurrency pairs, recognizing the increasing popularity of cryptocurrency trading in Brazil.
Investors can capitalize on the ever-changing nature of the crypto market whenever they choose. In addition, the app simplifies deposit and withdrawal procedures, allowing for efficient account management without relying on a desktop computer.
With its seamless integration with BDSwiss’ desktop platforms, the BDSwiss Mobile app offers Brazilian traders a smooth and unified trading experience, allowing them to track their trading activities easily.
We believe it’s a must-have for traders who appreciate the convenience of mobile trading without sacrificing functionality or performance.
BDSwiss Web
The BDSwiss WebTrader platform provides Brazilian traders with a convenient, user-friendly, and intuitive trading portal that can be accessed through any web browser, eliminating the need for downloads.
The Trends Analysis tool is valuable for gaining insights into market trends and potential price movements. These insights are essential for traders who are navigating both local and global markets.
WebTrader works smoothly on various browsers and effortlessly syncs with MT4 and the BDSwiss Mobile app, ensuring traders have a consistent trading experience when switching between devices.
With the platform’s lightning-fast order execution, traders can seize opportunities without any delays or requotes. WebTrader is designed to meet the needs of traders in fast-paced financial markets, providing them with the efficiency they require to make timely decisions that can lead to profitability.
Does BDSwiss provide a mobile trading solution for Brazilian traders?
Yes. BDSwiss provides mobile trading software that enables Brazilian traders to manage their transactions and access markets while on the road.
Are the BDSwiss trading platforms configurable for Brazilian traders?
Yes, BDSwiss systems, particularly MetaTrader versions, provide numerous customization possibilities to meet the trading needs of Brazilian traders.
BDSwiss Range of Markets
While BDSwiss’ range of markets seems limited, over 250 CFDs and Forex instruments can be traded. In our experience, this gives Brazilian traders the flexibility they need to diversify their portfolios and spread their risk across markets.
Commodities
Brazilian traders at BDSwiss can trade in a range of commodities, including gold, silver, and energy commodities like oil. The potential for substantially amplified investment profits is present with leverage up to 1:500.
One perk for Brazilians is that they can invest in commodities to protect themselves against the Brazilian Real’s volatility. During economic downturns, these commodities are typically considered safe bets. If you want to protect your portfolio from the depreciation of the local currency, this method is for you.
Indices
Brazilian traders can take advantage of the economic performance of other nations with BDSwiss’ access to more than 20 important global indices, such as the US30, GER30, and UK100. Market exposure can be maximized with relatively minimal cash thanks to leverage up to 1:200.
One notable aspect of global investment for Brazilians is the ability to access overseas markets without requiring in-depth information about specific stocks. Expanding their business beyond Brazil’s market may find this attractive.
Crypto CFDs
Brazilian traders can use BDSwiss to trade Forex on over 20 cryptocurrencies, including Ripple, Bitcoin, and Ethereum, with leverage of up to 1:5.
This is a boon for Brazilians who are curious about cryptocurrency but concerned about its security and extreme volatility. You can speculate on the price movements of cryptocurrencies with crypto CFDs without owning them, reducing the danger of theft.
Overall, we believe that traders looking to minimize risk yet still get exposure to the potential growth of the cryptocurrency industry will find this technique appealing.
Stocks
With leverage of up to 1:5, Brazilian traders can engage in the equities markets of developed economies through BDSwiss’ CFDs on more than 140 stocks from leading businesses like Apple, Amazon, and Google.
As a result, Brazilians can put their money into foreign companies they already know and trust, which could lead to better trading choices.
Furthermore, unlike conventional stock investments, trading stock CFDs provides the opportunity to earn from both rising and falling markets. During times of market uncertainty, this is especially helpful.
Forex
If you’re interested in forex, BDSwiss offers more than 50 different pairs, including major, minor, and exotic pairings, with leverage levels up to 1:2000.
Here is a once in a lifetime chance for Brazilian traders to take their bets on the Brazilian Real’s value vs other currencies across the world.
We found that one distinct benefit is that you can use Brazil-specific economic information and news to make educated forex transactions.
Currency traders who keep tabs on regional economic data may find this feature very helpful. In addition, Brazilian traders can take advantage of BDSwiss’ 24/5 market access to respond swiftly to worldwide market shifts and news developments.
BDSwiss Leverage and Margin
During our analysis of BDSwiss’ leverage and margin offerings for Brazilian traders, it was discovered that the broker offers a maximum leverage of up to 1:2000, among the highest in the industry.
By utilizing leverage, traders have the ability to amplify their trading potential and seize more opportunities in the market. It’s important to remember that greater leverage comes with increased risk.
BDSwiss employs a dynamic leverage model that automatically adjusts according to the size and type of positions being traded. Traders can effectively manage their risk and capital by utilizing this feature, as it calculates the required margin to open positions in real-time and adjusts it according to market conditions.
In our experience, a solid grasp of margin is crucial for traders, as it signifies the necessary capital to initiate a trade and is not a fee but rather a portion of the trader’s equity reserved for trading purposes.
Understanding margin requirements is crucial for traders as it directly affects the size and number of trades they can safely execute.
The leverage offered by BDSwiss can potentially increase both profits and losses, so it’s important to be aware of the risks involved.
Overall, BDSwiss allows Brazilian traders to utilize high leverage and dynamic margin options. These features can be valuable if used responsibly and with a clear understanding of the potential risks and a well-thought-out trading strategy.
Furthermore, BDSwiss’ approach is carefully crafted to offer traders the flexibility and support they need to navigate the complex world of financial markets.
Can Brazilian traders engage in commodities trading on BDSwiss?
Yes. Brazilian traders can trade a range of commodities, including oil, gold, and silver, on BDSwiss.
Does BDSwiss offer any specific markets to Brazilian traders?
Yes. BDSwiss sometimes provides unique trading opportunities in developing markets and exotic financial instruments for Brazilian traders.
Min Deposit
USD 10
Regulators
FSCA, FSC, FSA, MISA
Trading Platform
MT4, MT5, WebTrader, BDSwiss app
Crypto
Yes
Total Pairs
53
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
BDSwiss Fees
BDSwiss stood out because of its ultra-fast execution and competitive pricing across accounts and markets. Keep reading to see what trading and non-trading fees Brazilian traders can expect with this reputable and dynamic broker.
BDSwiss Spreads
During our evaluation of BDSwiss, we found that their spreads are highly competitive, making them a great choice for Brazilian traders who are looking for cost-effective trading options.
With spreads starting as low as 0.0 pips on the Zero-Spread account, it’s an ideal choice for traders who handle large volumes and have a preference for major forex pairs such as EUR/USD.
For other accounts, like the Classic and Cent accounts, the spreads begin at 1.3 and 1.6 pips, respectively.
Traders have the flexibility to choose an account type that aligns with their unique trading style and volume.
In our experience, tight spreads can be a great advantage in fast-paced markets. Moreover, it allows Brazilian traders to make trades at rates that are very close to market prices, helping to lower trading costs and has the potential to increase profitability.
BDSwiss Commissions
The commission structure at BDSwiss is determined by the type of account and the asset class. As a financial advisor, it’s important to note that in the Zero-Spread account, traders can anticipate a commission of $6 on forex and commodities.
This fee is quite reasonable, especially when considering the near-zero spreads. The commission is significantly lower at $2 for indices, while for stock CFDs, it is set at 0.15% per trade.
Following a structured approach, traders can effectively plan their trading costs and choose instruments matching their cost preferences.
For Brazilian traders who frequently engage in trading or have a specific focus on markets such as forex or commodities, these commissions are easily manageable and offer transparent insight into trading costs from the start.
BDSwiss Overnight Fees
For BDSwiss traders, it’s important to consider the overnight fees, also referred to as swap fees.
These fees are applicable for positions held overnight and will vary based on the instrument and whether the position is long or short.
For example, BDSwiss applies a swap fee of $10 for long positions and offers a credit of $2 for short positions on EUR/USD.
These rates are important for Brazilian traders involved in swing or position trading and holding positions for several days.
Furthermore, we believe a clear understanding of these fees is crucial for planning the cost of trades beyond a single trading day. This knowledge helps manage your portfolio effectively and avoids any unexpected costs that could eat into your profits.
BDSwiss Deposit and Withdrawal Fees
BDSwiss stands out for its easy-to-understand deposit and withdrawal fees. Not charging fees on deposits or withdrawals made via credit cards is a significant benefit for Brazilian traders, giving them an edge.
This policy lets Brazilian traders effectively manage their funds without any worries about incurring extra charges whenever they need to deposit funds or withdraw profits.
However, Brazilians must note that even though BDSwiss does not charge fees, they could still face charges from their banks or payment service providers.
BDSwiss Inactivity Fees
Traders who do not trade frequently should carefully consider inactivity fees. If an account remains inactive for more than 90 days without any trades being executed, BDSwiss will apply a monthly inactivity fee of $30.
According to our research, the fee BDSwiss charges is relatively higher than some other brokers.
BDSwiss Currency Conversion Fees
For Brazilian traders who engage in trading instruments in currencies other than their base currency, currency conversion fees are of utmost importance, especially when they deposit or withdraw in BRL.
When a trade involves currency conversion, BDSwiss includes a currency conversion fee that is factored into the spread or swap rate.
In our experience, traders need to be aware of these fees when trading international assets, as they can have an impact on the overall profitability of trades involving currency exchange.
When Brazilian traders acknowledge these fees, it helps them make well-informed choices regarding the instruments they trade, and they can then handle the expenses involved in trading with various currencies much better.
Does BDSwiss impose trade entry or exit fees for Brazilian traders?
Yes. Commission fees are charged on all account types and specific instruments. These are typically charged per side or round turn.
How does BDSwiss manage currency conversion costs for Brazilian traders?
Currency conversion fees apply when Brazilians trade instruments in a currency other than their account base currency. Furthermore, when Brazilians deposit or withdraw in BRL using Pix and Beeteller, currency conversion fees apply because BDSwiss doesn’t have a BRL-denominated account.
BDSwiss Deposits and Withdrawals
We’re extremely impressed not only by BDSwiss’ range of multi-currency deposit and withdrawal methods but also by the fact that the broker offers Brazilians local payment methods, allowing them to deposit and withdraw in BRL, namely Pix, and Beeteller.
💳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 |
BDSwiss Deposits
How to Deposit using Bank Wire Step by Step
- Access your BDSwiss account and go to the ‘Deposit’ section.
- Choose ‘Bank Wire Transfer’ as your preferred deposit method.
- BDSwiss will provide you with their banking details. Please write down or screenshot these details.
- Start initiating a bank wire transfer from your bank using the provided BDSwiss banking details.
- After the transfer is finished, it can take anywhere from 1 to 5 days for the funds to appear in your BDSwiss account.
How to Deposit using Credit or Debit Card Step by Step
- Log into your BDSwiss account
- Navigate to the ‘Deposit’ section.
- Select ‘Credit/Debit Card’ from the available deposit methods.
- Provide your card details, including the card number, expiration date, and CVV code.
- Enter your desired deposit amount.
- Confirm the transaction. Deposits are typically processed immediately.
How to Deposit using Cryptocurrency Step by Step
- Access your BDSwiss account and choose the ‘Deposit’ option.
- Choose ‘Cryptocurrency Wallet’ as your preferred deposit method.
- Select the cryptocurrency you’d like to use for the deposit.
- BDSwiss will provide you with a unique wallet address for the transaction.
- Transfer the specified amount of cryptocurrency from your wallet to the BDSwiss wallet address provided. Deposits are processed immediately.
How to Deposit using e-Wallets or Payment Gateways Step by Step
- Access your BDSwiss trading account and navigate to the ‘Deposit’ section.
- When making BRL deposits, you have the option to choose between ‘Pix’ or ‘Beeteller’ as your preferred deposit method.
- Simply follow the on-screen instructions to connect your Pix or Beeteller account.
- Give the desired deposit amount in Brazilian Real (BRL).
- Confirm the deposit. You can usually access funds immediately.
BDSwiss Withdrawals
How to Withdraw using Bank Wire Step by Step
- Find your way to the ‘Withdrawal’ section in your BDSwiss account.
- Choose ‘Bank Wire Transfer’ for your withdrawal option.
- Provide your bank account information, including your account number and SWIFT/BIC codes.
- Enter the desired withdrawal amount.
- Submit the withdrawal request. Withdrawals are typically processed within 24 hours, although the funds may take up to 5 days to reflect in your bank account.
How to Withdraw using Credit or Debit Cards Step by Step
- Visit the ‘Withdrawal’ section in your BDSwiss account.
- Select ‘Credit/Debit Card’ as your preferred withdrawal method.
- Verify that the card details are accurate or provide a new card if needed.
- Provide the amount you would like to withdraw.
- Submit the withdrawal request. Typically, funds are processed within 24 hours.
How to Withdraw using Cryptocurrency Step by Step
- After signing in, navigate to the ‘Withdrawal’ section within your BDSwiss account.
- Choose the ‘Cryptocurrency Wallet’ option for your withdrawal method.
- Select the cryptocurrency you wish to withdraw.
- Provide your external cryptocurrency wallet address.
- Enter the amount you would like to withdraw and submit your request. Withdrawals are processed immediately, although there may be a short delay for blockchain confirmation.
How to Withdraw using e-Wallets or Payment Gateways Step by Step
- Access your BDSwiss account and go to the ‘Withdrawal’ section.
- When it comes to BRL withdrawals, you have the option to choose between ‘Pix’ or ‘Beeteller’ as your preferred withdrawal method.
- Access your Pix or Beeteller account via the BDSwiss platform.
- Provide the amount you wish to withdraw in Brazilian Real (BRL).
- Confirm the withdrawal. Withdrawals are usually processed within 24 hours, ensuring a fast and efficient method to access funds.
What deposit methods are accessible to Brazilian traders on BDSwiss?
BDSwiss provides various deposit options to Brazilians, including Pix, Beeteller, credit/debit cards, bank transfers, etc.
What is the processing time for BDSwiss withdrawals for Brazilian traders?
BDSwiss normally processes withdrawals within 24 hours; however, the time it takes for cash to reach the trader’s account will vary depending on the withdrawal method.
Min Deposit
USD 10
Regulators
FSCA, FSC, FSA, MISA
Trading Platform
MT4, MT5, WebTrader, BDSwiss app
Crypto
Yes
Total Pairs
53
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
BDSwiss Education and Research
With its various educational materials, trading tools, and research, BDSwiss caters to all types of traders, from beginners to professionals. Keep reading to discover what BDSwiss offers, and how Brazilians can benefit from this.
1-on-1 VIP Sessions
For Brazilian traders looking to improve their trading tactics for both domestic and international markets, we recommend the offers special 1-on-1 VIP sessions from BDSwiss.
In these sessions, traders can interact one-on-one with seasoned experts in the field, who can then offer advice based on each participant’s particular trading style and objectives.
This means that Brazilian traders can get professional advice on how to make the most of local economic events, including shifts in commodity prices or major political developments, to improve the execution of their trades.
Live Spreads Price Feed
Traders in Brazil rely on BDSwiss’ Live Spreads Price Feed because it provides them with instantaneous access to market pricing.
In our experience, this function allows traders to make trades at the most advantageous times in the unpredictable foreign exchange market.
This means that Brazilians need to be adept at timing their trades to coincide with events that cause large swings in the Brazilian real, such as announcements from the country’s central bank or changes in commodity prices.
Execution Statistics
For Brazilian traders to evaluate the dependability and effectiveness of their trades, BDSwiss provides extensive execution statistics.
Traders can improve their tactics, particularly in fast-paced trading conditions, by understanding execution speed and the occurrence of slippage.
This is especially important for Brazilian traders dealing with assets vulnerable to economic fluctuations in Latin America, as market conditions can change quickly.
LIVE Webinars
Brazilian traders can gain a lot from BDSwiss’ live webinars. Everything from basic trading principles to more complex strategy discussions is covered in these seminars.
By participating in these webinars, Brazilian traders can learn about international economic trends and how they affect the Brazilian market.
In addition, BDSwiss makes it easy for Brazilians to speak with professionals in the field, so attendees may ask questions and get advice tailored to the Brazilian market.
Technical Analysis
Technical analysis resources, like as analytical indicators and complex charting tools, are made available to Brazilian traders by BDSwiss.
For Brazilian traders to make educated selections, these materials are crucial for seeing market trends and making money.
In our opinion, to help with strategic trading based on technical indications, Brazilian traders can use these tools to keep an eye on commodities and indexes that are important to the Brazilian economy.
Educational Videos
Traders of all skill levels can find something useful in BDSwiss’ extensive collection of instructional videos.
These videos are a great way for Brazilian traders to learn advanced trading methods and principles in a way anyone can understand.
Furthermore, these tutorials could help Brazilian traders improve their trading skills efficiently, whether learning to manage risk or diving into the nuances of currency trading.
Trading Central
Brazilian traders who want to expand their trading into international markets will find the analytical insights provided by Trading Central at BDSwiss extremely useful.
With this, we believe Brazilians can make better choices because it provides analysis and recommendations derived from fundamental and technical research.
This means that Brazilians will have access to expert evaluations of market conditions that could affect their trading tactics, especially in uncertain market conditions.
Live Education
Brazilian traders can benefit greatly from BDSwiss’ live instructional sessions, where they can ask questions of financial professionals and receive answers in real-time.
Market analysis, trading psychology, and risk management are just a few of the essential subjects covered in these courses. Live sessions like these provide Brazilian traders with the added benefit of getting instantaneous responses to their trading questions and tactics.
Market Analysis Review
Brazilian traders can easily use BDSwiss’ Market Analysis Review, which provides expert insights into global financial markets.
Those trading commodities or currency pairs vulnerable to changes in the global economy will find this research very useful, as it helps them comprehend the larger economic forces that impact market movements.
Daily Videos
BDSwiss offers daily videos for accurate and concise market summaries, which help them make informed trading decisions fast.
These videos provide traders with the most recent information essential for their day-to-day trading activities by highlighting important market occurrences and price fluctuations.
Furthermore, we found that these videos provide Brazilians an easy way to keep up with the latest global market trends that impact their trading methods.
Forex Glossary
The Forex Glossary provided by BDSwiss is an essential tool for Brazilian traders, particularly those who are new to forex trading. This tool simplifies complex trading terms and concepts, making it more accessible for traders to learn.
Understanding these terms is crucial for Brazilian traders to analyze the market and communicate with traders worldwide effectively. This glossary is valuable for quickly finding definitions and improving trading decision-making.
VPS
BDSwiss offers a Virtual Private Server (VPS) service that is especially beneficial for Brazilian traders who rely on automated trading systems.
Using a VPS enables trading strategies to operate around the clock, freeing traders from the need to be constantly available or have a reliable internet connection.
This is particularly advantageous in Brazil, where internet reliability can sometimes be a concern. Using a VPS allows Brazilian traders to maintain uninterrupted trading activities, optimizing their strategies’ efficiency.
Learning Center
The Learning Center at BDSwiss is an invaluable educational hub for Brazilian traders. It provides diverse educational resources, ranging from introductory tutorials to more advanced trading strategies.
This center is especially valuable for Brazilian traders who want to enhance their knowledge of global financial markets and acquire skills that can be applied locally and internationally.
It assists traders from Brazil in staying informed about the latest trading techniques and market trends, thereby boosting their global competitiveness.
AutoChartist
AutoChartist is a powerful tool offered by BDSwiss that can automatically detect potential trading opportunities by analyzing chart patterns.
We found that this tool simplifies the trading process for Brazilian traders by providing real-time updates on important trends and trading setups.
Recognizing patterns in the fast-paced forex market quickly can greatly enhance your chances of successful trading.
Furthermore, in our experience, using AutoChartist can greatly enhance the technical analysis of Brazilian traders, allowing for more informed trading decisions with increased precision.
Forex eBooks
BDSwiss provides a wide range of Forex eBooks covering various aspects of trading, from fundamental concepts to more advanced strategies.
These eBooks are a valuable tool for Brazilian traders looking to enhance their knowledge of forex trading in a systematic way. They offer great advantages for self-paced learning, enabling traders to study and apply new knowledge based on their own schedules and trading goals.
Seminars
BDSwiss offers seminars that aim to provide practical, hands-on training in trading. These seminars provide Brazilian traders a valuable chance to engage with trading experts and fellow traders, enriching their learning experience with practical illustrations and prompt feedback.
While researching this resource, we found that seminars provide valuable insights into market analysis, risk management, and the psychological aspects of trading. Overall, they are designed to assist traders in honing their strategies and enhancing their market performance.
Trends Analysis
The unique Trends Analysis tools at BDSwiss help Brazilian traders accurately identify the direction and strength of market trends.
We believe that understanding market movements is essential for developing effective strategies in trading forex, commodities, or indices, especially when trading these instruments from South America.
Furthermore, understanding and trend analysis can greatly benefit Brazilian traders, helping them identify strategic entry and exit points and potentially increasing profitability in short- and long-term trading scenarios.
Forex Basic Lessons
The Forex Basic Lessons at BDSwiss are designed to assist beginners from Brazil in grasping the fundamentals of forex trading.
These lessons provide a comprehensive understanding of important subjects, including the functioning of forex markets, the various factors that impact currency movements, and the fundamental principles of trading.
These lessons are perfect for Brazilian traders who are new to forex. They will provide a strong foundation for developing more advanced trading skills.
Economic Calendar
The Economic Calendar is a crucial resource for Brazilian traders, offering timely updates on upcoming economic events that can impact the markets.
This tool is extremely valuable for strategizing trades in light of important economic announcements, such as interest rate decisions or employment reports, that have the potential to impact currency values and market volatility greatly.
Currency Heatmap
The Currency Heatmap provided by BDSwiss presents a visual representation of different currency pairs’ performance, showcasing currencies currently undergoing significant movements.
Furthermore, we used this tool and found that it accurately pinpoints the currencies that Brazilian traders should prioritize for potential trading opportunities, considering the current market dynamics.
“Our Analysts”
This resource provides Brazilian traders exclusive access to expert market insights and analysis.
Furthermore, we found understanding intricate market conditions helpful and crafting strategies based on expert analysis. Access to expert guidance can greatly benefit traders in Brazil, enabling them to make well-informed decisions in a fiercely competitive market.
Trading Alerts
Trading Alerts from BDSwiss inform Brazilian traders about important market movements and potential trading opportunities.
These alerts can be personalized to the trader’s preferences, guaranteeing their relevance to their unique trading strategies and preferred markets. These alerts are essential for Brazilian traders to stay informed without the hassle of constantly monitoring the markets.
Weekly Outlook
The Weekly Outlook at BDSwiss offers Brazilian traders a comprehensive forecast of the upcoming week’s market conditions and possible trading opportunities.
This overview assists traders in preparing for their trading week ahead, ensuring that their strategies align with expected market trends. For traders in Brazil, this can be especially helpful for managing their trading activities alongside other responsibilities.
Trading Calculators
The trading calculators at BDSwiss are designed to assist Brazilian traders in efficiently calculating important trading parameters, including margin, pip value, and risk per trade.
These calculators are crucial for effectively managing risk and accurately planning trades. They help traders control their trading finances and execute their strategies with precision.
How can Brazilian traders get access to BDSwiss’ education?
Traders can go to the official BDSwiss website and click the “Education” option from the main menu to access various tools and materials.
Does BDSwiss provide any research tools for Brazilian traders?
Yes, BDSwiss provides extensive research resources, like as daily market analysis, live webinars, and real-time financial news, to assist Brazilian traders make educated choices.
BDSwiss Bonuses and Promotions
Our research indicates that BDSwiss does not offer any bonuses or special promotions to traders from Brazil. Additionally, they offer an appealing affiliate program.
This program boasts an impressive average conversion rate of 36%, demonstrating its ability to transform potential clients into active participants effectively.
In addition, BDSwiss offers generous rewards to its partners. Given the substantial monthly payments of over $2.7 million, it is clear that the company places great importance on its affiliates.
BDSwiss Affiliate Programs
Features
Our analysis of the BDSwiss affiliate program shows it is one of the most competitive choices in the FX market.
Notably, it has amassed a fast-expanding worldwide community of more than 20,000 Affiliates, Introducing Broker (IB) partners, and received praise from the prestigious Global Banking and Finance Review.
Furthermore, our research shows that the program’s vast reach is demonstrated by this network, which extends across 180 nations.
The compensation options offered by the BDSwiss affiliate program are one of its most notable features. It provides affiliates with competitive systems that aim to compensate them appropriately for their work.
One indicator of the program’s success is the $2.7 million average monthly pay-out to partners. The program achieves an excellent average conversion rate of 36% by converting leads into active traders.
When it comes to supporting its partners, BDSwiss goes above and beyond. Free marketing and instructional materials are among these, and they are great for drawing in new traders and teaching existing ones the ropes.
The service also provides affiliates with sophisticated reporting and tracking capabilities so they can keep tabs on their progress and adjust their approach as needed. People and companies of all sizes can take advantage of it because there are no initial costs.
The BDSwiss affiliate program is known for its flexibility. For affiliates with one-of-a-kind business models or financial goals, the flexibility to tailor payment schemes to individual tastes and requirements is a huge perk.
In addition, BDSwiss provides its partners with individualized assistance. Affiliates are provided with the tools and support they need to succeed using dedicated account managers who are always willing to lend a hand.
How to Register an Affiliate Account with BDSwiss Step-by-Step
Brazilians who want to partner with this broker can follow these easy steps to register and start reaping the rewards:
👉Step 1 – Select Partnership Programme.
Find the “Partners” or “Affiliate Program” section of the BDSwiss website. You can usually find this part of the menu up top. Select “Become a Partner” or “Affiliate Registration” from the list of banners in the Partner Program area. The affiliate registration form will load immediately.
👉Step 2 – Select Partner or Affiliate Option
Select “Become a Partner” or “Affiliate Registration” from the list of banners in the Partner Program area. The affiliate registration form will load immediately.
👉Step 3 – Complete Form.
The registration form will request your name, email address, and phone number. Once you have provided all the necessary information, verify it is accurate. After that, hit the “Submit” button, and BDSwiss will get back to you once they’ve reviewed your application.
After reviewing your application, BDSwiss might ask for additional documents or information to confirm your identification. You will get a confirmation email with additional information if your application is accepted. Your affiliate dashboard will be available to you after the verification process is complete. On this dashboard, you will find all the tools you need to manage your referrals, keep tabs on your profits, and promote BDSwiss.
What are the BDSwiss Affiliate Program’s commission rates for Brazilian traders?
The BDSwiss Affiliate Program provides a variety of compensation structures, including CPA (Cost Per Acquisition) and revenue-sharing possibilities, which may be quite profitable for Brazilian affiliates.
How can Brazilian traders keep track of their profits in the BDSwiss Affiliate Program?
Brazilian traders can monitor their profits using the BDSwiss Affiliate dashboard, which displays full referral, commission, and payment history information.
BDSwiss Customer Support
Customer Support
📞Customer Support | 🗣️AvaTrade Customer Support |
⏰Operating Hours | 24/5 |
🗣️Support Languages | Multilingual |
🗨️Live Chat | No |
📧Email Address | Yes |
📞Telephonic Support | Yes |
🌟The overall quality of AvaTrade Support | 4/5 |
Response Time
Support Channel | Average Response Time | User-based Response Time |
📞Phone | 5 – 8 minutes | 6 minutes |
24 – 48 hours | 24 – 48 hours | |
🗨️Live Chat | No live chat | No Live chat |
#️⃣Social Media | 6 minutes | 4 – 6 minutes |
🗣️Affiliate | 24 – 48 hours | 24 – 48 hours |
Does BDSwiss provide support in Portuguese to Brazilian traders?
Yes, BDSwiss provides multilingual help, including Portuguese, to accommodate the linguistic preferences of Brazilian traders.
Is there a FAQ section on BDSwiss that answers typical questions for Brazilian traders?
Yes, BDSwiss has a detailed FAQ section on its website that answers typical questions and concerns raised by Brazilian traders.
BDSwiss Social Responsibility
BDSwiss is committed to making a difference locally and globally, making corporate social responsibility (CSR) an integral part of its business model.
Anyone interested in knowing more about the company’s philanthropic actions may find detailed information about their CSR initiatives on their website, which we, as critical reviewers, dug into extensively.
To access more information about these projects, traders and visitors can visit the “About” section on the main menu of the BDSwiss website and then choose “Corporate Social Responsibility” from the drop-down menu.
Our research shows that BDSwiss encourages its workers to give back to the community and places a premium on ethical business practices. Moreover, several major programs that target important social concerns have BDSwiss’ backing.
Aligning with modern global requirements for corporate responsibility, this method incorporates sustainable practices into its business framework beyond simply charity.
A deliberate approach to social responsibility characterizes BDSwiss’ CSR initiatives, which aim to make a real difference in the communities they serve.
Education, environmental protection, and health and wellness initiatives fall under this category. Beyond the financial services they offer, these programs demonstrate a strong desire to benefit society.
In our experience in the forex and CFD markets, modern traders and investors are looking for ethically sound companies committed to long-term success, so this proactive approach to social responsibility is a win-win for the company’s image and bottom line.
Overall, we found that BDSwiss sets an admirable example for other companies in the industry with their open and honest disclosure of their corporate social responsibility (CSR) initiatives on their website.
Conclusion
After thoroughly evaluating BDSwiss as a forex and CFD broker for Brazilian traders, we must provide an unbiased view showcasing its positive aspects and areas that could be enhanced.
With its strong global presence and international recognition, BDSwiss offers a wide range of attractive features. These offerings include a broad range of educational resources, various trading utilities, and a noteworthy dedication to corporate social responsibility.
Nevertheless, we must mention that Brazilian traders must carefully consider several important factors. A potential drawback is the lack of a Brazilian Real (BRL) account option. Not having this could result in additional charges for currency conversion and make financial planning more complex.
In addition, the wider spreads on entry-level accounts can decrease profitability for beginner traders in Brazil who want to keep costs low. In addition, applying commission fees on all accounts, not a common practice for all brokers, can add up and affect the overall trading costs.
In addition, Brazil’s lack of local regulation can be a significant issue for traders who value legal security and local oversight. While BDSwiss is regulated in other jurisdictions, the absence of local Brazilian regulation can impact the confidence of certain traders.
Despite these challenges, we found that BDSwiss is committed to providing a comprehensive trading experience.
Their appealing affiliate program and proactive corporate social responsibility initiatives demonstrate a dedication to ethical practices and involvement in the community.
However, when considering BDSwiss, we must urge Brazilian traders to thoroughly assess the platform’s strengths and resources while also considering any potential challenges related to currency management, regulatory oversight, and cost structure.
BDSwiss User Comments and Reviews
- “Had a problem that was fixed within 24 hours, which made me want to change my review. It’s great that the BDSwiss team moved quickly.”
- “Today I signed up for BDSwiss. I was amazed at how fast the signup and Know Your Customer (KYC) process was. Everything was set up in less than a minute.”
- “They’ve been nothing but great to me during my second year with BDSwiss. Making deposits and withdrawals is quick, and trade operations have never gone wrong for me. I gave them a perfect score!”
- “Wow, what a change good service makes! I just talked to one of their agents again. The person was very nice and quickly fixed my problem. I’m very pleased with the outcome.”
Our Recommendations on BDSwiss
- Providing a comprehensive analysis and valuable insights into the Brazilian financial market may appeal to traders seeking opportunities in local assets.
- It could be beneficial for BDSwiss to consider forming partnerships with financial institutions in Brazil. This would help foster trust and create mutual benefits within the local community.
- BDSwiss can establish a stronger presence and foster a thriving community of traders in Brazil by hosting or sponsoring local trading events, seminars, or webinars.
- By expanding corporate social responsibility initiatives to Brazil, BDSwiss can showcase its commitment to supporting local communities. This will help build positive relationships and trust with Brazilian traders.
- Brazilian traders, similar to their counterparts, are conscious of expenses. With the reduction of spreads on basic accounts and the introduction of commission-free options, BDSwiss has made its platform more attractive to a wider range of traders.
- Introducing accounts in Brazilian Real (BRL) can greatly reduce conversion fees for Brazilian traders, making trading more convenient.
Our Insight
If you are looking for a CFD broker that offers a range of tradable assets such as currencies, indices, and cryptocurrencies, BDSwiss might be a good option to consider. While they do provide easy-to-use platforms and educational materials, it is worth noting that their fees are slightly higher than other similar brokers. Choosing BDSwiss could be beneficial if your main focus is on conducting thorough research and quickly executing orders, rather than seeking the most competitive spreads.
BDSwiss Pros & Cons
✅Pros | ❌Cons |
BDSwiss supports two local payment methods, allowing Brazilians to deposit and withdraw in BRL | BRL is not a supported account base currency |
Traders can choose from flexible account types to suit their trading objectives | There are inactivity and currency conversion fees |
Brazilian traders can get multilingual support and view the BDSwiss website in Portuguese | BDSwiss does not offer commission-free trading |
BDSwiss offers a wealth of information, education, trading tools, and research on the website | BDSwiss is regulated globally but holds no licenses in Brazil |
There is a low 51 BRL ($10) minimum deposit requirement to start trading | There are no Brazil-specific CFD instruments |
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Frequently Asked Questions
Can I directly deposit Brazilian Real (BRL) into my BDSwiss account?
Yes, you can. You can deposit BRL-denominated funds via Pix or Beeteller.
What are the tax implications of trading with BDSwiss for Brazilians?
Our research found that Brazil has particular tax rules for investment income. Therefore, you must consult a local tax advisor for specific advice on your requirements when dealing with an international broker like BDSwiss.
Does BDSwiss provide Portuguese-language support?
Yes. BDSwiss serves a global clientele, providing multilingual service that includes Portuguese-speaking agents. Traders can also view the site in Portuguese.
Are there any Brazilian-specific BDSwiss communities or forums?
Yes. Regional subgroups are common in online trading and investment communities on Telegram, Twitter, Facebook, X, and other platforms. You can search social media sites or forums to connect with other Brazilian traders discussing BDSwiss.
Can I trade Brazilian assets such as Petrobras shares on BDSwiss?
No. BDSwiss offers access to a large number of global markets but no domestic CFDs from Brazil.