BDSwiss is a Forex and CFD broker that has been operating since 2012.。The broker has 4 regulations: Mauritius FSC, Seychelles FSA, Seychelles FSCA and MISA (Mwali)。BDSwiss has more than 7 offices in 180 countries worldwide。

BDSwiss offers forex trading and CFDs investment services at competitive prices。However, the BDSwiss mobile app seems to be suitable for junior traders who have not yet traded with real money, but not very suitable for advanced traders, this article answers for you。

Introduction to BDSwiss

BDswiss launched its trading app on December 3, 2017 to facilitate customers who want to trade anytime, anywhere。So this app is now 7 years old。The application has only one language, namely English。

The application interface is fairly simple, or even overly simple。However, the navigation is smooth and the loading time is not long。The main color of the application is white。

You can download the BDswiss mobile app from the Play Store and Apple Store。On the Play Store, the app is only around 34 MB。

BDSwiss Feature Highlights

According to the above explanation, this application seems simple and easy to use for phones with limited memory。A trading application should certainly provide sufficient trading services for the purpose of mobile trading。

More than 100 trading instruments

You can trade a variety of instruments including Forex, Cryptocurrencies, Commodities, Stocks and Indices through the BDSwiss mobile app。Here is the relevant data:

• Foreign exchange: 49 currency pairs, including major currency pairs, cross currency pairs, and special currency pairs
• Cryptocurrencies: 22, including BTC, DOGE, ETH, LTC, XRP, and more
• Commodities: 6, including crude oil, gold, silver and platinum
• Stocks: 127, including popular stocks such as Microsoft (MSFT), Google (GOOGL), Netflix (NFLX), Starbucks (SBUX)
• Indices: 11 indices, including NAS100, SPX500, HKG, etc.

You can trade these tools with just one application。You can also see live prices in the list。To view the chart, simply click on the tool name。However, you need to deposit first。The minimum deposit required to start trading at BDSwiss is $10, which is relatively low。

The advantage of the BDSwiss application is that it provides information on whether asset prices are rising or falling.。If the price rises, the number below the asset name will be displayed in green; if the price falls, it will be displayed in red with a negative sign, which helps traders interpret market price movements。

You can also click the chart icon in the upper left corner to change how the asset list is displayed。After clicking, the display will become a line chart, allowing you to see an overview of asset trends。

Easy deposit at no extra cost

In addition to offering a variety of assets, BDSwiss also allows you to easily make instant deposits through the app, no matter what method you choose, without paying any fees。

There are 5 deposit options: Skrill, crypto, cryptocurrency, Visa / MasterCard and debit / credit card。All deposits can be processed instantly, so you don't have to wait a long time to start trading, supporting the main goal of mobile applications as a simple trading platform anytime, anywhere。

However, the types of deposits offered are often limited。In addition, there is no option to pay via mobile bank transfers and e-wallets, but many other broker apps also offer more options than this。

Forex Calculator

The BDSwiss app also has a forex calculator that is helpful for beginners。Click "Trading Tools" in the "More" menu and select "Forex Calculator"。After completion as you can see, there are 4 types of calculators to choose from。There are margin calculators, point calculators, swap calculators and conversion calculators.。

The margin calculator can help you calculate the margin required to open a position; the point calculator can calculate the value of the point movement based on the currency pair you choose and the size of the trade。

At the same time, the swap calculator can determine the overnight financing fee or credit for overnight positions; the conversion calculator can be used to calculate the conversion rate for deposits and withdrawals。

Educational services for beginners

In the "Trading Tools" menu, there is also a tab called "Forex Academy," which is a dedicated menu for trading education services provided by BDSwiss。It includes forex glossary, basic courses, webinars, VIP courses, e-books and seminars。These services are quite comprehensive for junior traders who still have to learn in trading。

Forex Glossary contains words and terms related to the trading world。If you come across a difficult word that you don't understand, just look it up in the Forex Glossary。The foundation course is the written steps you need to follow if you want to trade forex。For example, you need to open an account, deposit funds, etc.。

Webinars held by BDSwiss are free。You simply register for the webinar you want to attend。Currently, BDSwiss webinars are available in two languages: English and German。

In addition, the webinars are hosted by a number of experienced speakers, including Frank Walbaum, Stuart Cowell, Marios Kyriakou, who often conducts webinars in English and German, and Danres Jane Ebbah from BDSwiss, Philippines。

Finally, do not forget to download the e-book provided for free by BDSwiss。If you want to get the material directly, try to attend the seminar of BDSwiss。According to recent seminar data, BDSwiss has held seminars in several countries including the Philippines, Nigeria, Thailand, Malaysia, etc.。

Open and verify your trading account

After downloading the BDSwiss app, you can immediately open a trading account。It's very simple, just click "Register" when you open the app for the first time, enter your name, email, country, phone number and password。

After that, you can fill in the "More" menu with your personal information, including address, financial status and required supporting documents, for verification。

If you have not completed the verification, then your account will automatically enter the simulation mode。If you are still a beginner, you can use this mode to practice。If you already have a BDSwiss trading account, just click "Login" and enter your identity information。

Unfortunately, the BDSwiss trading app does not seem to allow you to open multiple accounts and combine them into one account.。After login or registration, there is only the option to switch to a demo or real account。However, the app does not add the account's menu。An important consideration for those looking to diversify risk by having multiple accounts。

BDSwiss evaluation

If you are a beginner and want to learn forex in demo trading, the BDSwiss mobile app is perfect for you as it provides ample learning materials。Ebooks, webinars, seminars and glossaries all in one, BDSwiss traders can enjoy free education。

Unfortunately, this app is not well suited for intermediate to professional traders, as there are no built-in indicators on trading charts, and there are no features that support news trading such as economic calendars, news aggregations, etc.。

In addition, as mentioned earlier, the available deposit methods are limited。If you are used to using a certain method, but find that there is no such method in the application, it is best not to force yourself, you should choose the method that makes you most comfortable。

In terms of ratings, the app's rating on the Play Store is rather dubious as it only got 2.7 stars (out of 5 stars)。The BDSwiss app has more than 1,000 reviews, including some negative user reviews。

The ratings and reviews of the BDSwiss app do not fully support the app's excellence。If you are a beginner yet to trade with real money, this app is pretty good。All you need to do is use a demo account and take advantage of existing education services。But if you are a mid-level trader。In this case, it is better to choose other mobile applications, because many applications provide more deposit methods, built-in indicators and higher ratings。

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Founded in 2012, BDSwiss has provided a variety of trading services to more than 1 million customers from more than 180 countries, including a variety of tradable instruments, trading instruments, account types and educational content.。Not only that, the broker offers fast account opening and reliable 24 / 5 client support for all clients。