BDSwiss Trading Signals - TU Expert review
Trading signals are one of the best trading options for beginners and for earning passive income. Novice traders can use such signals and earn a profit, while still learning. Brokers can offer various ways of receiving signals. Traders Union analysts have prepared a detailed analysis of BDSwiss trading signals. You will learn what kinds of trading signals BDSwiss offers and what the conditions for using them are.
Short introduction of BDSwiss
The BDSwiss brokerage company has provided financial services in the Forex market since 2012. The broker is keen to cooperate with traders worldwide. Over the past year, the broker has received World Finance Awards such as Best Market Analytics Service Provider (FxScouts Awards), and Best Forex & CFD Broker (International Investor Awards).
| 💰 Account currency: | EUR, USD, GBP |
| 🚀 Minimum deposit: | $10 |
| ⚖️ Leverage: | 1:1000 (available for certain countries and regions.) |
| 💱 Spread: | From 0.0 p |
| 🔧 Instruments: | Forex, Commodities, Shares, Indices, Cryptocurrencies, ETFs |
| 💹 Margin Call / Stop Out: | 50% / 20% |
BDSwiss Pros and Cons
👍 Advantages of trading with BDSwiss:
•A vast array of trading assets.
•The ability to trade from both PC and mobile devices.
•A wide range of deposit and withdrawal methods.
•Withdrawal fees are paid by the company.
•The broker periodically conducts online lectures for its clients.
👎 Disadvantages of BDSwiss:
•Lack of investment programs and trading bonuses.
•The broker charges a fee for inactivity on the account.
•Support is unavailable on weekends.
What are trading signals?
Trading signals are signals to enter a trade, which the broker provides to traders. They can be based both on fundamental and technical analysis.
A broker can provide signals in several ways:
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Copy trading.
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Email alerts.
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Signals through a blog on the website.
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Recommendations of a personal manager, etc.
When choosing signals, it is important to take into consideration their profitability, the list of trading instruments, the conditions of their provision – fees, markup, etc.
BDSwiss Trading Signals
The experts at Traders Union analyzed the presence of explicit and hidden trading and non-trading fees. For trading, the broker sets a spread in the amount of 0 - 0.1 pips for an investment account. There is no fee for replenishing the account or for converting currencies when replenishing in currencies other than those set by the company. The broker pays the fee for withdrawing funds. For inactivity on the account, the broker charges 10% of the account balance, but not less than 25 EUR and not more than 49.90 EUR. The fee is charged monthly until 0 remains on the trader's balance.
| Account type | Spread (minimum value) | Withdrawal commission |
| Cent | $15 | No |
| Classic | $15 | No |
| Premium | $11 | No |
| VIP | $11 | No |
| Zero Spread | $0 | No |
| StockPlus | DMA | No |
Conclusion
Based on the results of the analysis, Traders Union analysts have concluded that BDSwiss does not have the best conditions for trading signals. The broker offers a limited choice of instruments, for which signals are provided, high fees and there are questions about signal profitability. Therefore, if you are planning to trade signals, it would be a good idea to consider another option.
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FAQs
Can trading signals depend on the account type?
Yes. As a rule, they are provided for certain account types, but may also be available for the standard account.
Is automatic position opening based on signals possible?
Yes, it is what copy trading implies. In this case, all trades are copied automatically to the trader’s platform.
Can I test signals on a demo account?
If you mean copy trading, it depends on the broker. If the signals are provided as a newsletter or notification, you can decide where and how to test them yourself.
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.