BDSwiss Minimum Deposit
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Are you interested in finding out what BDSwiss minimum deposit is? To trade with a BDSwiss broker, you should know their minimum deposit and what payment methods they accept.
BDSwiss is known to be the best forex broker in Europe. Our guide to BDSwiss’s minimum deposit and other account funding policies will help you begin trading with the broker.
Let’s begin our discussion below!
Introduction about BDSwiss minimum deposit
BDSwiss’s minimum deposit is $100. However, the broker has different minimum deposit requirements based on the type of trading account.
A BDSwiss Classic Account requires a minimum deposit of $100, while a BDSwiss VIP Account requires a minimum of $3,000. Apart from this, $5,000 is required to open a raw account with BDSwiss.
|Base Currencies||EUR, USD, GBP|
How can you make the BDSwiss minimum deposit?
You must first log into your BDSwiss trading account to make the minimum deposit. Then, on your dashboard, click the ‘My accounts’ tab.
Choose the trading account into which you would like to deposit funds. Click “deposit” if you are using more than one account. Next, choose a payment method and enter your deposit amount. This can be either a wire transfer or through a credit card. To complete the deposit process, click “confirm”.
Once you see money in your account, you can begin trading and placing orders for forex. But, first, you should collect some information about the trading fees and spreads of each account if you are a new trader.
As a new broker, you want your payment information and personal information secure. Therefore, all of your card information can be encrypted with a secure SSL system. This system ensures that none of your information will be leaked to third-party websites.
Which are the BDSwiss accepted deposit currencies?
To start funding your trading account, BDSwiss accepts different European currencies. A few of the accepted deposit currencies are:
However, supported base currencies have a shorter list. Therefore, the trading platform only accepts accounts denominated in EUR, USD, and GBP.
If you deposit in a currency not accepted by BDSwiss, then a foreign exchange fee will be applied to your deposit. For example, if you deposit in PLN, it should be converted to GBP, USD or EUR based on your trading account.
Does the BDSwiss platform charge any deposit fees?
No way! BDSwiss does not have any charges on deposit fees. If you deposit euros through your debit card into your euro trading account, the platform will charge no fees. For the most part, BDSwiss covers the minimum costs of receiving.
If any currency is not supported by BDSwiss funds into your account, you will be charged a small foreign exchange fee.
BDSwiss minimum deposit vs other brokers: Comparison table
In the below table, we will compare the minimum deposit details of BDSwiss with other top leading forex brokers:
|BDSwiss||Saxo Bank||Admiral Markets|
|Number of deposit methods||11||5||10|
Steps to follow to deposit funds in your BDSwiss account
Step no 1: Opening a free demo account
As a beginner, learn the basics of forex trading by simply opening a demo account. You can use this demo account to get information about the products which you should trade on. Demo accounts are available for a 30-day trial period.
Step No 2: Go for the live account
Upon understanding all the trading basics, you can apply for a live account on the BDSwiss website. Most brokers will require the same personal and financial information to open an account.
As proof of your identity, you can provide your identification card or passport, details of your residency, or a bank statement. Demo accounts cannot be accessed after opening a live account.
Step no 3: Deposit funds in your selected trading account
Once your account opening request is approved, you will receive an email notification. After confirming the email, you can open a trading account and make your first deposit with BDSwiss.
When you start your deposit, you should be careful about the minimum deposit amount. Get an idea about the different withdrawal and deposit methods along with fees and primary conditions.
Step no 4: Get ready to do the trading
Once you have deposited the amount in your account, the trading will begin within 30 minutes, depending on the funding method you choose. Get in touch with our customer help centre if you have any questions about spreads and fees.
Pros and cons of BDSwiss minimum deposit
- BDSwiss is available with numerous deposit methods, especially for European traders.
- The minimum deposit required for opening an account is $100 to let the trader avail of all services.
- BDSwiss accepts different currencies to start depositing the amount.
- Your trading will start in just 30 minutes.
- A high minimum deposit is required for accessing the BDSwiss premium level accounts.
BDSwiss minimum deposit: FAQs
1. Can you open an account with BDSwiss without any charges?
Yes, it is free to open an account with BDSwiss. A trader does not need to pay any additional fees for the deposits and withdrawals.
2. Can you open 2 BDSwiss accounts at one time?
Yes! BDSwiss is available with 5 different types of trading accounts, including 3 Classic, one VIP and with 1 raw account.
3. What payment methods are available to deposit money with BDSwiss?
You can deposit your money with the help of::
- Western Union
- Credit Card
4. How many currency pairs are available on BDSwiss?
BDSwiss platform is offering 50 Forex Pairs as well as 20 Crypto Pairs.
Is BDSwiss a 100% safe trading platform?
BDSwiss is a safe and legit broker platform to start trading with. It is fully regulated with active licensing from CySEC (Cyprus Securities & Exchange Commission) and FSC Mauritius (Financial Services Commission).
In short, BDSwiss is not a scam and a secure platform for trading.
Jason Morgan is an experienced forex analyst and writer with a deep understanding of the financial markets. With over 13+ years of industry experience, he has honed his skills in analyzing and forecasting currency movements, providing valuable insights to traders and investors.
Forex Content Writer | Market Analyst