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BDSwiss Review

BDSwiss Review

Updated : May 22, 2024

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Overall Rating

Min Deposit

6,100 XAF ($10)

Regulators

CySEC, FSC, FSA, BaFin, Mwali International Services Authority

Trading Desk

MT 4, MT 5, BDSwiss Web, BDSwiss Mobile

Crypto

Yes

Total Pairs

53

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Overview

 

BDSwiss Review

 

During our evaluation of BDSwiss, we noticed that this broker has made significant developments since 2012. Since its establishment in Limassol, Cyprus, BDSwiss has expanded globally, emphasizing transparency and compliance.

Furthermore, strong quarterly trading volume and the trust of over 1.7 million registered customers are only two of many factors that have led to BDSwiss’ growth and reputation.

Offering over 250 financial instruments has also contributed to BDSwiss’ success, allowing Ivorian traders to access a variety of markets such as Forex, commodities, stocks, indices, and cryptocurrencies, therefore diversifying their investment portfolios and decreasing risks.

Further investigation indicated that BDSwiss’ success in Ivory Coast may be due to competitive conditions and user-friendly platforms like MetaTrader 4 and MetaTrader 5, as well as its web and mobile apps.

New traders in the Ivory Coast benefit from these platforms’ trading and educational capabilities. This blend of technological prowess and instructional support has helped BDSwiss achieve Ivorian market share.

Further analysis found that BDSwiss’ success in Ivory Coast could also be linked to competitive conditions and the availability of user-friendly platforms like as MetaTrader 4 and MetaTrader 5, as well as its own online and mobile apps.

These platforms not only assist trading but also offer instructional tools, which are very useful for new traders in Ivory Coast. This mix of technological prowess and instructional support has helped BDSwiss gain traction in the Ivorian market.

The human touch is obvious throughout BDSwiss’ story. Since the beginning, BDSwiss has focused on empowering traders, a value valued by both beginner and seasoned traders in the Ivory Coast and consistent with their goals for success in global financial markets.

In addition, BDSwiss’ dedication to regulatory compliance, as seen by its multiple international licenses, has boosted trust and confidence among Ivorian traders.

In our initial thoughts, we believe that BDSwiss’ success has been driven by strategic expansion, a thorough awareness of trader demands, and a continual emphasis on education and technology improvement.

Overall, all of these characteristics combine to make BDSwiss a popular and reliable choice among Ivory Coast’s trading community.

 

 

 

How has BDSwiss changed since its launch in 2012 for Ivorian traders?

BDSwiss has expanded internationally, with over 1.7 million registered clients, offering over 250 financial instruments and strong trading platforms customized to the Ivory Coast market.

 

Does BDSwiss offer services that are suitable for the Ivorian market?

Yes, BDSwiss provides competitive conditions and user-friendly platforms like MetaTrader 4 and 5, which are appropriate for the different demands of Ivorian traders.

At a Glance

🔍 Broker🥇 BDSwiss
🔢Established Year2012
⌛Regulation and LicensesCySEC, FSC, FSA, BaFin, Mwali International Services Authority
4️⃣Ease of Use Rating4/5
🎁BonusesNone
⏰Support Hours24/5
📊Trading PlatformsMetaTrader 4, MetaTrader 5, BDSwiss Web, BDSwiss Mobile
🗂️Account TypesCent, Classic, VIP, Zero Spread, Islamic, Demo
💷Base CurrenciesZAR, USD, EUR, GBP, VND, etc.
📝SpreadsFrom 0.0 pips EUR/USD
⬆️Leverage1:2000
💶Currency Pairs53; Minor, Major, and Exotic Pairs
💵Minimum Deposit6,100 XAF ($10)
💴Inactivity Fee✅ Yes, 10% after 3 months
🗣️Website LanguagesEnglish, Czech, German, Italian, Spanish, Korean, French, Norwegian, Polish, Danish, Arabic, Malaysian, Thai, Ghanaian, Filipino, Hindi, Indonesian, Chinese, Portuguese, Romanian, Turkish, Russian
💸Fees and CommissionsSpreads from 0.0 pips, commissions from $2 on Indices
🤝Affiliate Program✅ Yes
❌Banned CountriesThe United States, Belgium, and other OFAC-sanctioned regions
✴️Scalping✅ Yes
👉Hedging✅ Yes
🛢️Trading InstrumentsForex, Commodities, Shares, Indices, Cryptocurrencies
🚀Open an Account👉 Click Here

Regulation and Safety of Funds 

 

BDSwiss Safety and Security

 

Regulation in Ivory Coast

BDSwiss is not regulated by the Banking Commission of the West African Economic Monetary Union (WAEMU). However, BDSwiss’ global regulations are listed in the table below.

 

Global Regulations

🫴🏻Registered Entity🌎Country of Registration➡️Registration Number🌟Regulatory Entity📊Tier🔢License Number/Ref
🥇BDS MarketsMauritiusN/AFSC3199/13
🥈BDS LtdSeychellesN/AFSA3C116016172
🥉BDSwiss GmbHGermanyN/ABaFin110134687
🏆BDS Holding PLCCyprusN/ACySEC2SD047

 

Protection of Client Funds

🔍 Security Measureℹ️ Information
🗂️ Segregated Accounts✅ Yes
👤 Compensation Fund MemberNone
💵 Compensation AmountNone
🎓 SSL Certificate✅ Yes
2️⃣ 2FA (Where Applicable)✅ Yes
⛔ Privacy Policy in Place✅ Yes
⚠️ Risk Warning Provided✅ Yes
❌ Negative Balance Protection✅ Yes
🛑 Guaranteed Stop-Loss Orders✅ Yes

 

Does BDSwiss provide negative balance protection for Ivorian traders? 

Yes. BDSwiss offers negative balance protection to traders, including those from Ivory Coast.

 

What type of due diligence does BDSwiss undertake for customers in Ivory Coast? 

BDSwiss provides extensive due diligence for Ivory Coast clients per international anti-money laundering (AML) requirements.

Awards and Recognition

 

BDSwiss Awards and Recognition

 

After conducting a detailed examination of BDSwiss, a broker known for its strong regulatory framework and global services, we discovered a range of recent accolades they have received:

 

✅BDSwiss was honored with the Broker of the Year award at the 2023 Mindanao Traders Expo.

✅BDSwiss received the prestigious Best FX Educational Broker award at the 2023 HQMena Awards.

✅In 2023, BDSwiss was honored with the prestigious Best Global Partnership Program award at the UF Awards.

✅BDSwiss received an award from the UF Awards in 2024 for their exceptional research and education in the LATAM market.

✅BDSwiss was recognized as the Most Innovative Broker in LATAM at the 2024 UF Awards.

✅At the 2024 HQMena Awards, BDSwiss received the prestigious Best IB Program award.

Account Types

🔍Live Account💵Minimum Deposit🚀Open an Account📉Platforms📈Leverage
🥇Cent6,100 XAF👉 Click HereMetaTrader, BDSwiss1:2000
🥈Classic6,100 XAF👉 Click HereMetaTrader, BDSwiss1:2000
🥉Zero Spread61,000 XAF👉 Click HereMetaTrader, BDSwiss1:2000
🏆VIP153,000 XAF👉 Click HereMetaTrader, BDSwiss1:2000

 

Demo Account 

 

BDSwiss Demo Account

 

In our review of BDSwiss’ Demo Account for Ivory Coast traders, we observed a secure and welcoming environment for learning Forex and CFD trading. With a virtual fund of 100,000€/$/£, traders may try alternative strategies without risking real money.

This account simulates genuine market conditions and provides essential hands-on experience. Because there is no financial risk involved, Ivory Coast traders can experiment, learn from mistakes, and gain confidence.

Overall, the demo account acts as a testing ground for theories and other trading tools. BDSwiss’ inclusion of this preliminary stage demonstrates their dedication to educating and enabling traders.

 

Cent Account 

 

BDSwiss Cent Account

 

Exploring the BDSwiss Cent Account, we discover that it is aimed at novices, offering a low-risk introduction to trading.

Traders from the Ivory Coast can trade in micro-lot sizes, lowering financial risk while experiencing real-market conditions.

This account is an ideal starting point for beginners because of its low-risk trading environment and minimal initial deposit requirement. The provision of such an account reflects BDSwiss’ dedication to making trading accessible to beginners in Ivory Coast.

 

Classic Account 

 

BDSwiss Classic Account

 

The Classic Account from BDSwiss combines simplicity and efficiency, appealing to Ivory Coast traders of varying levels of expertise.

With competitive spreads from 1.3 pips and access to user-friendly trading platforms, it provides a balanced choice for everyday trading.

Furthermore, the lack of commissions on credit card deposits and withdrawals increases its desirability, making it a cost-effective option for Ivorian traders. The Classic Account is affordable and especially useful for traders who want a simple trading experience.

 

Zero Spread Account 

 

BDSwiss Zero Spread Account

 

According to our evaluation, the BDSwiss Zero Spread Account is best suited for day traders and scalpers. It is designed for high-volume trading and provides Ivory Coast traders with nearly zero spreads on major forex pairs like EUR/USD.

While there is a commission fee of $6 per lot traded, it is compensated by possible savings on bid-ask spreads through a rebates program, which is especially useful for high-frequency trading.

Furthermore, we consider this as a sophisticated tool for Ivory Coast traders whose strategies concentrate on profiting on small price swings, offering an efficient and cost-effective trading platform.

 

VIP Account 

 

BDSwiss VIP Account

 

Our study of the BDSwiss VIP Account rates it as a premium trading experience. Traders from the Ivory Coast with large trading volumes will likely appreciate its tight spreads from 1 pip and customized service.

It offers professional tools and the convenience of a dedicated account manager, catering to the demands of seasoned traders.

The VIP account’s emphasis on advanced trading tools and exclusive access to expert analysis makes it an appealing alternative for discriminating traders from the Ivory Coast seeking precision and expertise.

 

Islamic Account 

 

BDSwiss Islamic Account

 

An Islamic Account is a valuable account option provided by BDSwiss for traders from Ivory Coast who follow Islamic financial principles. Aligned with Sharia law, which governs ethical trading practices, this swap-free account does not accumulate interest.

However, to ensure that all traders follow these Islamic values, the Swap-Free option only allows for positions to remain swap-free for 10 days, after which a set fee will apply according to the position held and the financial instrument.

Furthermore, to qualify for the Swap-Free Account, traders must present proof of their religion when they request this account option from BDSwiss, ensuring that the account will not be misused or abused.

 

Are BDSwiss Classic Accounts open to all Ivorian traders, regardless of experience? 

Yes, the BDSwiss Classic Account’s user-friendly features are intended to appeal to traders with varied degrees of expertise in the Ivory Coast.

 

What are the commission costs for BDSwiss Zero Spread Account customers in the Ivory Coast? 

BDSwiss Zero Spread Account customers in the Ivory Coast pay a $6 fee on forex and commodities, plus $2 on indices.

How To Open an Account Step-by-Step

 

Step 1: Go to the Official website and click on the “Sign Up” Banner

Click this banner to start the registration process.

 

BDSwiss Sign up step 1

 

Step 2: Complete the Online Application Form

Enter your personal information, email address, and phone number. Set a safe password that fulfills BDSwiss’ criteria before proceeding.

 

BDSwiss Sign up Step 2

 

Step 3: Wait for verification from BDSwiss

You will be asked to verify your identity and residence address. To do so, upload clear copies of your government-issued ID (such as a passport or national ID card), as well as a recent utility bill or bank statement confirming your residence.

 

How do Ivorian traders register for a BDSwiss account? 

Ivorian traders can open a BDSwiss account by filling out an online form on the BDSwiss website, undergoing KYC verification, and financing their accounts.

 

Is there any special documentation Ivorian traders must present for BDSwiss account verification? 

To verify their BDSwiss account, Ivorian traders must produce a government-issued ID as well as a current utility bill or bank statement.

BDSwiss vs AvaTrade vs Exness – Broker Comparison

🔍 Broker🥇 BDSwiss🥈 AvaTrade🥉 Exness
⌛RegulationCySEC, FSC, BaFIN, FSA, Mwali International Services AuthorityCentral Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROCFSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, CMA
📊Trading PlatformMetaTrader 4
MetaTrader 5
BDSwiss Mobile
BDSwiss Web
AvaTradeGO
AvaOptions
AvaSocial
MetaTrader 4
MetaTrader 5
DupliTrade
ZuluTrade
MetaTrader 4
MetaTrader 5
Exness App
Exness Terminal
💷Withdrawal FeeNoneNoneNone
🗂️Demo Account✅ Yes✅ Yes✅ Yes
💵Min Deposit6,100 XAF ($10)61,500 XAF ($100)From 6,100 XAF ($10), depending on the payment system
📈LeverageUp to 1:20001:30 (Retail)
1:400 (Pro)
Unlimited
📝SpreadFrom 0.0 pipsFixed, from 0.9 pipsVariable, from 0.0 pips
💶CommissionsFrom $2None; only the spread is chargedFrom $0.1 per side per lot
🛑Margin Call/Stop-Out50%/20%25% – 50% (M)
10% (S/O)
60%/0%
🧑‍⚖️Order ExecutionInstant/MarketInstantMarket
❌No-Deposit BonusNoneNoneNone
🪙Cent Accounts✅ YesNone✅ Yes
🗂️Account TypesCent Account
Classic Account
VIP Account
Zero Spread Account
Standard Live Account
Professional Account Option
Standard Account
Standard Cent Account
Raw Spread Account
Zero Account
Pro Account
Social Standard
Social Pro
👉WAEMU RegulationNoneNoneNone
💴XAF DepositsNoneNone✅ Yes
🌟XAF AccountNoneNone✅ Yes
🕰️Customer Service Hours24/524/524/7
⚙️Retail Investor Accounts417
☪️Islamic Account✅ Yes✅ Yes✅ Yes
⬇️Minimum Trade Size0.01 lots0.01 pips0.01 lots
⬆️Maximum Trade Size50 lotsUnlimitedUnlimited
⏰Minimum Withdrawal TimeInstant24 to 48 Hours24 hours
⏱️Maximum Estimated Withdrawal TimeWithin 24 hoursUp to 10 days3 days
✔️Instant Deposits and Instant Withdrawals?✅ YesNoneNone
🚀Open an Account👉 Click Here👉 Click Here👉 Click Here

Trading Platforms and Software

 

BDSWiss Trading Platforms and Software

 

This broker offers Ivorian traders the following Trading Platforms:

 

➡️BDSwiss Mobile

➡️MetaTrader 4

➡️MetaTrader 5

➡️Web Platform

 

BDSwiss Mobile 

 

BDSwiss Mobile

 

Our evaluation found that BDSwiss Mobile is an ideal trading companion for traders in Côte d’Ivoire who prefer a mobile-centric lifestyle.

Our extensive experience with the app on both Android and iOS devices uncovered a user-friendly interface that seamlessly caters to the dynamic environment of different volatile financial markets.

Furthermore, the BDSwiss app emphasizes flexibility, offering real-time market data and seamless execution, which is particularly important when market fluctuations or geopolitical events impact the prices of various instruments like commodities, forex pairs, precious metals, etc.

Another benefit of this app is that with its quick response time and customized notifications, Ivorian traders can stay well-informed, which is especially crucial in a market where timing is everything.

 

MetaTrader 4 

 

BDSwiss MT4

 

Our review of the MetaTrader 4 platform confirmed its dependability, a trait that Ivorian traders value significantly.

MT4 was easy to use and easily integrated with BDSwiss’ dynamic trading environment. BDSwiss’ connection with MT4 provides Ivorians with access to a platform where they can trade various global currencies, taking advantage of attractive spreads and flexible leverage.

While BDSwiss does not offer XOF or XAF pairs, we found several other volatile and liquid exotic pairs that create ideal profitable opportunities according to various trading styles and strategies.

Overall, this platform simplifies the intricacies of global finance by providing personalized tools to promote informed decision-making, reflecting the sophistication of various trading environments globally, including the Ivory Coast.

 

MetaTrader 5 

 

BDSwiss MT5

 

When we moved on to evaluate MetaTrader 5, we found a technologically advanced platform that is ideal for Côte d’Ivoire’s ambitious traders. MT5, in conjunction with BDSwiss, provides a wide range of trading tools and services that meet the different demands of Ivorian traders.

Local traders can easily explore a larger range of markets with accuracy thanks to robust functionality and additional tools such as numerous timeframes and powerful graphical tools, which combine with BDSwiss’ competitive trading environment.

Overall, we consider MT5 as more than simply a trading platform for Ivorians; it’s a full financial arsenal that connects local trade subtleties with international market prospects.

 

Web Platform 

 

BDSwiss Web

 

The BDSwiss web platform is a powerful and versatile platform that eliminates the need for downloads, which aligns with Ivorians’ inclination for simplicity and immediate access.

The platform’s fast functioning from any online browser benefits Ivorian traders, especially those with limited connectivity, by eliminating dependency on hefty desktop software.

With BDSwiss Web incorporated into BDSwiss’ products, Ivorians can easily access global markets with competitive spreads and leverage in just a few clicks.

 

Can Ivorian traders use MetaTrader 5 with BDSwiss? 

Yes, Ivorian traders can utilize MetaTrader 5, which offers improved trading tools and a broader selection of marketplaces.

 

How can BDSwiss trading platforms cater to the trading strategies of Ivorian traders? 

BDSwiss systems provide customizable tools and features to adapt to the diverse trading styles of Ivorian traders.

Range of Markets

 

Which Markets can you Trade with BDSwiss Review

 

With BDSwiss’ range of over 250 financial instruments, we believe Ivorians will find a market and instruments that will suit their trading objectives and styles. Below, we elaborate on the financial instruments available and give some information on the leverage ratios that BDSwiss allows on each.

 

BDSwiss offers Ivorians the following trading instruments and products:

 

✅Cryptocurrency CFDs – Ivorian traders receive access to 27 cryptocurrency CFDs. These CFDs enable traders to profit from the cryptocurrency market’s volatility without holding the underlying assets. With leverage of up to 1:5, this strategy is especially beneficial for Ivorians seeking exposure to digital currencies while minimizing risk through CFDs.

✅Stock CFDs – BDSwiss offers CFDs on 128 stocks from prominent global firms, letting Ivorian traders diversify their equity assets. Leverage of up to 1:5 increases traders’ market presence, allowing them to explore diverse sectors’ economic cycles and development possibilities without large investments.

✅Commodities – Ivorian traders can access six commodities, including precious metals such as gold and silver and energy commodities like oil. With leverage of up to 1:200, these assets act as a hedge against inflation and currency depreciation, which is especially useful in growing economic landscapes.

✅Forex – BDSwiss lets Ivorian clients trade 53 currency pairs with leverage up to 1:2000. This broad range includes major, minor, and exotic pairings, but unfortunately, XAF is not included in these pairs.

✅Index CFDs – BDSwiss offers 14 indices, letting Ivorian traders gain exposure to several market sectors globally. With leverage of up to 1:100, Ivorians can speculate on general market movements without focusing risk on particular equities, providing them with a much safer and more flexible strategy amid market instability.

10 Best Forex Brokers in Ivory Coast

Rank

Broker

Review

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Min Deposit

Official Site

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CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

$10

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ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

$100

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ASIC, CySEC, FSCA, FSA

$100

#4

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FSA, CySEC, FSCA, FSC

$1

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CySEC, FSCA, FCA, FSA, DFSA, CMA, St. Vincent & the Grenadine

$0

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FSCA, IFSC, ASIC, CySEC, DFSA, FCA

$5

#7

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FSCA, FSC, FSA, MISA

$10

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ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB

$10

#9

FSC, ASIC, CySEC, FSCA

$5

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CySEC, MISA, FSCA

$5

#1

$10

Minimum Deposit

#2

$100

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$100

Minimum Deposit

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$1

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$0

Minimum Deposit

#6

$5

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$10

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$10

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#9

$5

Minimum Deposit

#10

$5

Minimum Deposit

Fees, Spreads and Commission

 

BDSwiss Fees, Spreads, and Commissions

 

Spreads 

The spreads for Ivorian traders at BDSwiss fluctuate with market circumstances. The spread on popularly traded pairings like EUR/USD is 0.01 pips, which attracts active traders.

A tight spread means reduced trading expenses if the market is steady. However, these spreads can widen dramatically during volatile or low-liquidity situations. Other spreads that we came across include the following:

 

✅Cryptocurrencies like BTC/USD can have spreads of 27.18 pips, indicating their volatility.

✅Brent spreads start from 0.1 pips.

✅Silver (XAG/USD) spreads can start from as low as 0.025 pips.

✅Gold (XAU/USD) starts from 0.21 pips in ideal market conditions.

 

Commissions 

BDSwiss commission structures differ according to the account type used and the instrument being traded. Cent and Classic account holders are charged a $2 fee on Indices and 0.15% on Shares, while VIP account members pay a comparable 0.15% commission on shares.

While these are still reasonably low, traders should note that Zero Spread account holders pay $6 on Forex and Commodities, plus $2 on Indices, and the continuous 0.15% on shares.

We consider these differing fees as crucial factors for traders and they also illustrate BDSwiss’ policy of aligning costs with trading frequency and volume, providing for optimal trading costs for Ivorian clients.

 

Overnight Fees 

Many investors tend to overlook swap fees, but they can have a significant impact on the profitability of long-term positions.

Ivorians must note that BDSwiss applies overnight fees to positions kept for longer than 24 hours, which depend on the specific financial instrument and trade direction.

For example, having a long position in EUR/USD results in a swap fee of -8.0. These rates are essential for traders who utilize strategies that span multiple days.

Furthermore, there are some additional swap fees to consider, including some of the following:

 

✅For short positions in Brent, the fee is -7.5, while for long positions it is -13.452.

✅With XAG/USD, the fee is -3.75 for short positions and -12.75 for long positions.

✅With XAU/USD, the fee is 20.0 for long positions and -28.0 for short positions.

✅When it comes to equities like Apple and indices such as NAS100, the swaps for short positions in Apple are -1.5 and -3.0, while for short positions in NAS100, they are -3.1279, and for long positions, they are -10.452.

✅It is also worth mentioning that there are no swap fees for BTC/USD positions, which is in line with the cryptocurrency market’s 24/7 operation.

 

Deposit and Withdrawal Fees 

Traders in the Ivory Coast can benefit from the fact that BDSwiss does not charge any fees for deposits and withdrawals.

This policy improves BDSwiss’ attractiveness by enabling traders to allocate a larger portion of their capital towards trading activities rather than being burdened by non-trading expenses.

 

Inactivity Fees 

Traders need to be mindful of BDSwiss’ inactivity fees. There is a 10% fee for accounts that have been inactive for more than three months.

Therefore, we urge Ivorian traders to adopt an active trading approach or regularly review their accounts to prevent incurring unnecessary costs, as exemplified by this fee.

 

Currency Conversion Fees 

Ivorian traders venturing into international markets must note that currency conversion fees are a significant concern that cannot be avoided.

Executing trades in a currency that differs from the account’s base currency can lead to additional costs due to currency conversion, which can impact the overall trading expenses.

 

How does BDSwiss organize its fees to accommodate traders from Ivory Coast? 

BDSwiss tailors its price structure to the trading volume and frequency of Ivorian clients, providing affordable rates for a variety of account types.

 

What overnight costs can Ivorian traders expect from BDSwiss? 

Ivorian traders should expect overnight swap costs on positions held longer than 24 hours, with particular rates ranging according to the financial instrument and trading direction with BDSwiss.

Deposit & Withdrawal Options

💸Payment Method🌎Country💴Currencies Accepted⏰Processing Time
💳Credit/Debit CardAllEUR, GBP, USDInstant Deposits, Withdrawals in 24 hours
💻Electronic Funds Transfer (EFT)South AfricaZARInstant Deposits, Withdrawals in 24 hours
✳️KorapayNigeriaNGNInstant 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 TogoZAR, KES, GHS, TZS, XOF, UGXInstant Deposits, Withdrawals in 24 hours
💰Electronic Wallets (GCash, Pay Maya, etc.)Thailand, Indonesia, Philippines, Ghana, MalaysiaTHB, IDR, PHP, GHS, MYRInstant Deposits, Withdrawals in 24 hours
➡️PixBrazilBRLInstant Deposits, Withdrawals in 24 hours
🌟BeetellerBrazil, Chile, Colombia, Costa Rica, Mexico, Peru, GuatemalaBRL, CLP, COP, CRC, MXN, PEN, GTQ, USDInstant Deposits, Withdrawals in 24 hours
✳️Cryptocurrency WalletsAllBTC, BCH, ETH, PAX, TUSD, USDT, USDC, LTC, XRP, DASH, ZCASH, ADAInstant Deposits, Withdrawals in 24 hours
🏦Bank Wire TransferAllEUR, USD, GBP, PLN, CHF, SEK, DKK, NOK1 -5 days on deposits, Withdrawals in 24 hours

 

Deposits 

 

Bank Wire 

✅Access your BDSwiss account and go to the ‘Deposit’ area.

✅Choose ‘Bank Wire Transfer’ as your chosen option for connecting your banking and BDSwiss trading accounts.

✅Provide your personal banking information and specify the amount you want to deposit into your trading account.

✅After submission, BDSwiss will send the relevant banking information for the transfer. Use this information to advise your bank to send the cash.

✅Keep a copy of the transfer receipt or reference number issued by your bank to verify that the deposit is properly monitored.

 

Credit or Debit Card 

✅Find the ‘Deposit’ option in your BDSwiss trading account.

✅Choose ‘Credit/Debit Card’ as your deposit option for a simple and safe transaction.

✅Enter your card information, including the number, expiration date, and CVV.

✅Choose a deposit amount that correctly reflects your anticipated investment size.

✅Complete any extra authentication steps necessary by your bank to authenticate and protect the deposit.

 

Cryptocurrency 

✅Navigate to the ‘Deposit’ area and choose ‘Cryptocurrency Wallets’.

✅Choose the cryptocurrency you’ll use to make the deposit, then link your digital wallet to your BDSwiss account.

✅During the deposit procedure, specify both the deposit amount and the account currency.

✅BDSwiss will create a unique deposit address or QR code for each transaction. Use this to send your crypto deposit.

✅To finalize the transaction, confirm it in your crypto wallet.

 

e-Wallets or Payment Gateways

✅Log onto your BDSwiss account and navigate to the ‘Deposit’ area.

✅Choose your chosen e-wallet or payment gateway that supports XAF transactions like TiGO, Airtel, MTN, OZOW, or others.

✅You will be redirected to your e-wallet or payment gateway, where you can enter your deposit details, amount, etc.

✅Confirm the information and finish the transaction using the interface of your electronic wallet.

 

BDSwiss Deposits and Withdrawals

 

Withdrawals 

 

Bank Wire 

✅To begin the withdrawal procedure, navigate to your BDSwiss account’s ‘Withdrawal’ area.

✅Select ‘Bank Wire Transfer’ as your chosen withdrawal option for returning funds to your personal bank account.

✅To guarantee a proper fund transfer, include information such as SWIFT or BIC codes, as well as your bank account number.

✅Enter the withdrawal amount, indicating how much you want to transfer from your trading account to your bank.

✅Complete the withdrawal request and provide any extra documents requested by BDSwiss for processing.

 

Credit or Debit Cards 

✅Navigate to the ‘Withdrawals’ section of your account and choose ‘Credit/Debit Card’ as the mode of fund retrieval.

✅To guarantee a smooth and safe transaction, use the same card you used to make your previous deposits.

✅To transfer trading profits back to your bank account, indicate your withdrawal amount according to the available funds in your trading account.

✅Complete the verification procedure if necessary to confirm your identity.

 

Cryptocurrency 

✅To transfer funds in digital currencies, navigate to the ‘Withdrawal’ option and choose ‘Cryptocurrency Wallets.’

✅Choose the type of cryptocurrency to withdraw, and make sure your digital wallet is ready to accept the funds.

✅Enter the withdrawal amount within the permitted restrictions, indicating how much of your digital assets you want to withdraw.

✅Review and complete the transaction to move the funds from your BDSwiss account to your crypto wallet.

 

e-Wallets or Payment Gateways

✅Log in to your BDSwiss account and go to the ‘Withdrawal’ area.

✅Choose an e-wallet or a payment processor that accepts XOF/XAF transactions.

✅Provide your e-wallet’s connected email address or account number.

✅Enter the withdrawal amount and submit the withdrawal request.

 

Are there any instant deposit possibilities for BDSwiss accounts in Ivory Coast? 

Yes, BDSwiss provides Ivorian traders with quick deposit options via credit/debit cards, mobile solutions, and cryptocurrency wallets.

 

How do Ivorian traders withdraw funds from their BDSwiss accounts? 

Ivorian traders can withdraw cash using the same methods they used to deposit, and the majority of withdrawals are handled within 24 hours.

Leverage and Margin 

 

BDSWiss Leverage and Margin

 

Our research of BDSwiss’ leverage and margin offers for Ivory Coast traders revealed a framework for diverse trading methods. BDSwiss offers dynamic leverage up to 1:2000 on certain currency pairs. This allows Ivorian traders to maximize their trading.

Because Ivory Coast is a developing economy, such leverage can boost investment and profit potential. However, it could also increase risk exposure, so balance and a solid risk/rewards ratio is key.

We also looked into BDSwiss’ margin requirements, which guarantee traders have enough money to hold their positions.

These restrictions help manage high leverage risks by protecting against market swings. Ivorian traders benefit from this preventative approach, which balances market participation and risk.

Our final thoughts on BDSwiss’ leverage and margin requirements for Ivorians show the broker’s dedication to flexible trading.

This specialized method gives Ivory Coast traders confidence to negotiate global markets in a controlled environment.

 

How does BDSwiss’ leverage offering help Ivory Coast traders with tiny capitals? 

BDSwiss’ high leverage helps Ivorian traders with smaller investments create larger positions, theoretically increasing earnings, but it also increases danger.

 

Are BDSwiss’ margin requirements favorable to risk management for Ivorian traders? 

Yes. BDSwiss establishes margin restrictions to guarantee that Ivorian traders have enough capital to sustain positions, thus mitigating the dangers associated with excessive leverage.

Educational Resources

 

BDSwiss Education and Research

 

BDSwiss offers Ivorian traders the following Educational Resouces:

 

➡️Forex Glossary

➡️Educational Resources

➡️Seminars

➡️Learning Centres

➡️Live Education

➡️Forex Basic Lessons

➡️Forex eBooks

 

Forex Glossary 

BDSwiss’ Forex Glossary is a valuable resource for traders in Ivory Coast, helping them navigate the complexities of forex terminology. We saw common forex terms like “pip,” “spread,” and “margin,” and believe this tool bridges language barriers and enhances understanding of trading concepts.

In our experience, this tool boosts confidence among new traders by providing essential vocabulary for advanced trading strategies and market analysis discussions, especially in a multilingual environment influenced by French and English.

 

Educational Videos 

BDSwiss offers a variety of educational videos for visual learners, and we noticed topics like trading principles, strategies, and market analyses. These resources are designed for beginner traders, simplifying complex market dynamics into understandable formats.

Furthermore, according to resources, BDSwiss updates these resources frequently, ensuring that traders receive timely content, which can significantly impact their trading decisions in the rapidly changing market landscape.

 

Seminars 

BDSwiss offers seminars for Ivorian traders, led by financial experts, covering fundamental trading techniques and detailed market forecasting.

Sitting through one of these seminars, we could experience real-time questioning and immediate feedback, which really gave us the benefit of practical learning.

Furthermore, these direct engagement opportunities are crucial for Ivory Coast traders seeking to expand their knowledge and network within the industry.

 

Learning centres 

BDSwiss Learning Centres provide educational resources for Ivory Coast traders, and we found a range of articles, tutorials, and guides on trading strategies, risk management, and psychological aspects.

These resources cater to both novice and experienced traders, enabling them to enhance their skills and adapt to local and international market conditions.

 

Live Education 

We really enjoyed the Live education offered on the website. BDSwiss’ Live Education sessions provide real-time market analysis and strategy discussions, enabling Ivorian traders to engage with professional traders and analysts.

This interactive environment helps them adapt to the fast-paced nature of forex trading, enabling them to make informed decisions and manage risks associated with market volatility.

 

Forex Basic Lessons 

BDSwiss’ Forex Basic Lessons are a valuable resource for novice Ivorian traders. While evaluating the resource, we noticed a structured introduction to fundamental concepts and trading mechanics.

Furthermore, the lessons cover currency pairs, market analysis techniques, and the use of platforms like MetaTrader 4 and 5, ensuring effective trading in Ivory Coast’s diverse economic landscape.

 

Forex eBooks 

Finally, while we went through the eBooks on the BDSwiss website, we saw that they offer a comprehensive overview of forex trading, covering basic concepts to advanced strategies.

Therefore, we believe that these portable resources will benefit Ivorian traders and provide practical insights and case studies to help them navigate markets effectively.

 

Does BDSwiss provide live instructional seminars for Ivorian traders? 

Yes, BDSwiss provides live webinars with real-time education and market analysis that Ivorian traders may benefit from.

 

Can novice Ivorian traders obtain fundamental Forex training on BDSwiss? 

Yes. BDSwiss provides Forex Basic Lessons for inexperienced Ivorian traders, providing a systematic introduction to the foundations of Forex trading.

Bonuses and Promotions 

 

BDSwiss Bonuses and Promotions

 

While investigating BDSwiss, we found that the broker does not have any active bonuses for new or existing Ivorian traders. However, we found a lucrative cashback incentive for Introducing Brokers.

According to our research, forex trading in the Ivory Coast is a growing market with great potential. Therefore, BDSwiss provides Introducing Brokers with an attractive rebate program.

This program offers a high level of flexibility, allowing Ivorian IBs to select their preferred pay-out schedule, whether daily, weekly, or monthly. This flexibility enhances the security offered by BDSwiss’ multiple licenses, resulting in a secure and rewarding environment for IBs.

We found that the program is strategically tailored to meet the needs of the expanding Ivorian market. Furthermore, Ivorian IBs can earn up to $4.20 per lot traded in Forex, regardless of the client’s account type.

Therefore, with a streamlined structure, IBs are motivated to cultivate a robust client base. As the Ivorian market continues to flourish, their potential for earnings will also grow.

 

Is there a first-time deposit incentive at BDSwiss for traders in the Ivory Coast? 

No. BDSwiss does not provide sign-up bonuses to newly registered Ivorian traders.

 

Can Ivorian clients participate in BDSwiss webinars and receive promotional benefits? 

Yes. Ivorian clients can attend BDSwiss webinars, occasionally offering promotional bonuses or incentives.

Affiliate Programs 

 

BDSwiss Affiliate Program Features

 

Features

Based on our research of the country, Ivory Coast’s digital boom is driven by the entrepreneurial spirit, and BDSwiss has introduced a program that aligns perfectly with this thriving environment. 

BDSwiss has developed an affiliate program tailored for digital influencers and forex educators, recognizing the country’s growing fascination with forex trading.

Getting started is incredibly easy. The BDSwiss program offers a straightforward registration process with specialized support to help Ivorian affiliates get started promptly.

This is a game-changer in a market where user experience is absolutely essential. In addition to being easily accessible, the program provides tangible benefits.

With a conversion rate of 36%, a substantial number of referred users become trading clients, leading to increased earnings potential for Ivorian affiliates. BDSwiss also offers a variety of payment methods to accommodate their preferred withdrawal options.

We also found that BDSwiss prioritizes security, and their dedication to regulation provides Ivorian affiliates with a sense of peace and assurance. Therefore, Ivorians can confidently promote the platform, knowing that it provides a secure environment. 

Another benefit we found is that BDSwiss provides a team of dedicated relationship managers and multilingual client support to address any inquiries from Ivorian affiliates. 

Overall, the BDSwiss affiliate program equips individuals with the necessary skills to handle their partnerships and optimize their achievements efficiently.

Overall, with its user-friendly approach, competitive advantages, and robust support system, BDSwiss is an ideal partner for Ivorian digital entrepreneurs seeking to take advantage of the growing forex trading trend.

How to Register an Affiliate Account Step-by-Step

 

Step 1: Go to the official website and select the “Partners” icon

 

BDSwiss Affiliate Step 1

 

Step 2: Click on the “Sign Up” Banner

Once you click the appropriate option, a registration form will load.

 

BDSwiss Affiliate Step 2

 

Step 3: Complete the Online Registration Form

The registration form must be completed using personal information, contact information, and extra details. Complete the form correctly and ensure that all required fields have been filled. To avoid application processing delays, double-check your information before submitting it.

 

BDSwiss Affiliate Step 3

 

Step 4: Wait for Verification from BDSwiss

Once your account has been authenticated, you will receive access to your personal affiliate dashboard. This dashboard serves as your core hub, where you can access a wealth of affiliate tools and materials to assist you in promoting BDSwiss and earning.

 

What is the minimum payment to BDSwiss affiliates in Ivory Coast? 

The affiliate agreement defines the minimum pay-out for BDSwiss affiliates with a 36% conversion rate per the BDSwiss website.

 

Are there any limits on the kind of traffic BDSwiss allows from Ivorian affiliates? 

No. BDSwiss welcomes a variety of traffic types. However, affiliates in Ivory Coast must follow the affiliate program conditions.

Customer Support

🫴🏻Customer Support🥇BDSwiss Customer Support
⏰Operating Hours24/5
👥Support LanguagesMultilingual
🗣️Live ChatNone
💻Email Address✅ Yes
☎️Telephonic Support✅ Yes
4️⃣The overall quality of BDSwiss Support4/5
🚀Open an Account👉 Click Here

 

Response Time

🫴🏻Support Channel⏰Average Response Time⏱️User-based Response Time
☎️Phone5 – 8 minutes6 minutes
💻Email24 – 48 hours24 – 48 hours
🗣️Live ChatNo live chatNo Live chat
📱Social Media6 minutes4 – 6 minutes
🤝Affiliate24 – 48 hours24 – 48 hours

 

What are the BDSwiss customer support hours for Ivory Coast? 

BDSwiss customer service is available 24 hours a day, five days a week, per global trading hours.

 

Does BDSwiss give a direct email address for support requests from Ivory Coast? 

Yes. BDSwiss has a direct email address for support queries, which Ivory Coast clients can utilize for help.

Social Responsibility 

 

BDSwiss Corporate Social Responsibility

 

BDSwiss is committed to social responsibility and strives to enhance people’s lives through various initiatives. Furthermore, we found that their commitment goes beyond financial services, promoting a sense of involvement in the community.

For example, the “365 Charity Run Walk”  is an event that combines physical activity with philanthropy, with the proceeds going towards the Americos Argyriou Paediatric Clinic and the 365 Foundation, which aims to promote volunteerism and social awareness.

We also found that BDSwiss’ involvement supports promoting health and fitness and fosters a sense of social responsibility among participants.

BDSwiss is also dedicated to promoting education. Through their partnership with “Funraising,” a charitable organization, they provide essential resources to underprivileged children. 

By donating computer stations, BDSwiss is making a significant impact on the lives of young individuals, providing them with the tools they need to succeed academically and opening doors to a brighter future.

In addition, BDSwiss recognizes the significance of family and community. Their support for the lively 6th Spring Festival showcases their dedication.

We found that this special event offered enjoyable activities for people of all ages, promoting a sense of unity and backing the Association of the Friends of the Center for Preventive Paediatrics.

User Comments and Reviews 

 

BDSwiss Customer Reviews

 

According to its ratings and the sheer number of user comments, BDSwiss is an excellent finance broker. To showcase its superior services and solutions, we drew a few top user comments from clients:

 

🥇“BDSwiss rocks! They have consistently demonstrated high levels of professionalism since the beginning. No problems since I joined. Many thanks to the BDSwiss team for their excellent customer service!”

 

🥈“BDSwiss customer support is lightning fast and extremely efficient. The website is easy to navigate, and deals run smoothly.”

 

🥉“BDSwiss is unquestionably one of the greatest forex trading businesses out today. Their customer service is exceptional, with representatives available at all times. With so many payment options available, making deposits and withdrawing money is simple. Everything went smoothly!”

In Conclusion 

 

After analyzing BDSwiss and its offerings for Ivory Coast traders, we found a reliable and robust platform. Still, it highlights specific challenges that could affect its effectiveness for Ivorian traders.

Several reputable regulatory entities oversee the broker and praise BDSwiss for its strong compliance with legislation. These regulations give Ivorian traders confidence and protect their interests.

Furthermore, we covered advanced trading platforms like MetaTrader 4 and MetaTrader 5, combined with BDSwiss’ mobile app, which gave users significant tools to improve their trading efficiency and experience.

 

Our Insight

In my opinion, BDSwiss is a good option for Indonesian traders. BDSwiss is a broker that is continuously growing and improving its offer to global clients. We expect to see more localized solutions that will benefit clients across Africa, especially in the Ivory Coast.

Our Recommendations 

 

We realize and have confirmed that BDSwiss has a comprehensive offering spread across its account types, conditions, platforms, education, and several other components. However, there are some recommendations on how BDSwiss can continue improving its offer:

 

✅BDSwiss could expand its trading instruments to include emerging markets like NFTs and DeFi, thematic ETFs, and local CFDs from around the world.

✅BDSwiss can continue increasing its security measures and tools that it offers traders to mitigate risks by introducing more advanced risk management measures.

✅BDSwiss can consider adding more localized payment methods that serve traders in developing countries, allowing them to manage their funds easily and efficiently.

Pros & Cons 

✅ Pros❌ Cons
BDSwiss is a multi-regulated broker with high standards of trading practicesBDSwiss has limited support for XAF in terms of deposits, withdrawals, and base currency options
Ivorians can get customer support in multiple languages, including FrenchBDSwiss is not locally regulated in the Ivory Coast
There are advanced, user-friendly, and feature-rich trading platforms available across devicesThere are expensive inactivity fees that could affect the long-term strategies of Ivorian investors

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Frequently Asked Questions

BDSwiss is regulated by  CySEC, FSC, FSA, BaFin, and Mwali International Services Authority. BDSwiss is a trustworthy broker with top financial authority licenses that ensure that clients operate in a secure and transparent trading environment.

No. BDSwiss currently does not have a physical office in Ivory Coast. However, BDSwiss serves clients from global offices and offers 24/5 customer support through various channels.

Yes, some resources might be available in French. BDSwiss recognizes the value of localized resources and provides a variety of resources, industry analysis, and webinars in French.

MetaTrader 4, BDSwiss Mobile, BDSwiss web, and MetaTrader 5. BDSwiss caters to Ivorian traders by offering a unique balance of third-party and proprietary trading platforms that are feature-rich and user-friendly.

Forex, commodities, equities, indexes, and cryptocurrencies. BDSwiss offers more than 250 financial instruments that can be traded across markets, ensuring that Ivorians can diversify their trading and investment portfolios.

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