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BDSwiss demo account reviewed

BDSwiss Demo Account

Overall, BDSwiss offers a free demo account on all its trading accounts. Demo accounts can also be created from the Classic Account option. The BDSwiss Demo account interface is beneficial not only for new traders but for experienced traders as well. 

Updated : May 7, 2024

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005 regulations book

Demo Account Overview

005 feature selection

Demo Account Features

004 review

Pros and Cons

008 auction

Final Verdict

001 question

FAQ

Overall Rating

Min Deposit

$10 / 136 BWP

Regulators

CySec, FSC, FSA, BaFin, NFA

Trading Desk

MetaTrader 4 , MetaTrader 5

Crypto

Yes

Total Pairs

50 Forex Pairs and 20 Crypto Pairs

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

How to set up a Demo Account – Step by Step for Botswana Traders

👉 To register for, and set up a demo account with BDSwiss, free of charge, traders must visit the website and follow these simple steps:

 

👉 Step 1: Go to the BDSwiss website and select “Try Demo account”.

“Try demo account” can be found under the blue sign-up button on the homepage.

BDSwiss Demo Account How To Register Step 1 Botswana

 

👉 Step 2: Complete the online application and registration

To complete the registration process provide the personal details as requested and verify your profile with the verification number send to your phone.

BDSwiss Demo Account How To Register Step 2 Botswana

 

👉 Step 3: Verify your account

This is a mandatory step. Submit all requested documents to BDSwiss for verification purposes.

BDSwiss Demo Account How To Register Step 3 Botswana

 

👉 Step 4: Receive your login credentials and log in to your profile.

Upon approval of your account you will receive login credentials to start trading with your new account.

BDSwiss Demo Account How To Register Step 4 Botswana

 

👉 Step 5: Access your Demo account

Go to your dashboard where you can view the details of your newly created demo account.

BDSwiss Demo Account How To Register Step 5 Botswana

BDSwiss Demo Account Features

BDSwiss Demo Account Features Botswana

👉 In addition to offering a demo account across the retail accounts, BDSwiss teaches its customers via its Academy while providing top-notch support and assistance, superior goods, and complete transparency.

 

👉 Online courses and webinars that are accredited provide helpful knowledge on how to function in the markets and the capital markets.

 

👉 Additionally, the broker provides Daily Webinars, which is a fantastic chance for all Botswana traders to improve their understanding of forex and CFD trading.

 

👉 Through its well-established BDSwiss Blog, Botswanans can also get valuable information like market alerts, trading information, and analysis, which is unquestionably beneficial and essential for every trader, particularly newbies.

 

👉 With BDSwiss’ demo account and education, Botswana traders will be better equipped to evaluate internet facts before investing with the assurance of proper education.

BDSwiss Botswana Pros and Cons

✔️ Pros❌ Cons
BDSwiss’ practice account registration is quick, and the account is created immediatelyThe practice account is not available on all live account types
There are several materials and tools for beginners who are learning to trade
BDSwiss is known for its innovative trading technology and solutions
BDSwiss offers prompt and helpful customer support across several communication channels

Verdict on BDSwiss 

👉 Overall, BDSwiss is very competitive in terms of its trading fees and spreads.

FAQ

Does BDSwiss accommodate beginner traders?

Yes, BDSwiss welcomes all types of traders, from beginners to professional traders.

 

Can I use BDSwiss to practice my trading?

Yes, BDSwiss offers a practice account that can be used across platforms to trade over 1,000 financial instruments.

 

What are the live accounts that BDSwiss offers?

BDSwiss offers Botswanans the following live accounts:

  • Classic Account
  • Premium Account
  • VIP Account
  • RAW Account

 

How long will my withdrawal with BDSwiss take?

When you request a withdrawal from a BDSwiss account, it can take up to 48 hours for the withdrawal to be processed. However, it could take a few minutes up to several days for your funds to reflect in your bank account.

 

Who regulates BDSwiss?

BDSwiss is regulated by CySEC, BaFIN, FSC, and FSA.

 

Addendum/Disclosure:

No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.

10/10 - (1 vote)

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