Exness Review
BDSwiss Fees and Spreads
BDSwiss spreads start from the average spread of 0.3 pips EUR/USD, fees, and commission dependent on the trading account the trader is using. BDSwiss chargers deposit fees of $100 USD, which is equivalent to 1,200 BWP, at the time of writing.
- Louis Schoeman
Jump to:
Fees and Spreads Overview
Additional Trading Fees
Broker Fees
Pros and Cons
Final Verdict
FAQ
Overall Rating
- 4.7/5
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
BDSwiss Fees and Spreads – 7 key points quick overview:
BDSwiss Fees and SpreadsBDSwiss Fees and Spreads
👉 The spread list for BDSwiss starts from 0.3 pips EUR/USD.
👉 The spreads charged by BDSwiss are dynamic, meaning they alter dependent on the sort of account, the financial instrument, and the market circumstances of the day. Investors in Botswana could anticipate encountering the following spreads:
➡️ Classic Account – 1.5 pips EUR/USD
➡️ Premium Account – 1.1 pips EUR/USD
➡️ VIP Account – 1.1 pips EUR/USD
➡️ RAW Account – 0.3 pips EUR/USD
BDSwiss Additional Trading Fees
Commissions
👉 BDSwiss imposes fees on some accounts and financial products due to the dynamic spreads. This list of fees varies by account type and traders should consider it. Commissions that are typical for Botswana traders include:
➡️ Classic Account – $2 on indices and 0.15% on shares
➡️ VIP Account – 0.15% on shares
➡️ RAW Account – $2 on indices, $5 on forex pairs, 0.15% on shares
BDSwiss Overnight Fees, Rollovers, or Swaps
👉 The swap fees that are charged by BDSwiss are calculated using several different variables, such as the trading instrument, the currency of the account, the size of the overall position (standard lots), and the overall interbank rate used by the broker.
👉 The following are some common overnight fees for retail traders:
| 🔧 Instrument | 📈 Long (Buy) Swap | 📊 Short (Sell) Swap |
| GBP/USD | -6.7 pips | -0.7 pips |
| USD/JPY | 0.05 pips | -10.8 pips |
| USD/HKD | -20.0 pips | -8.5 pips |
| USOIL | -39.0 pips | -23.0 pips |
| XAU/USD | -8.2 pips | -3.5 pips |
| XAG/USD | -0.25 pips | -0.05 pips |
| Stocks | -4.0 pips | -2.0 pips |
| NAS100 | -3.2 pips | -4.1 pips |
| Crypto | -100% | -100% |
👉 Muslim traders have the chance to convert their live trading account into a Swap-Free Islamic option using the BDSwiss platform. This frees them from having to pay overnight costs and provides halal trading circumstances for those who adhere to sharia law.
👉 BDSwiss does not provide spread betting services to Botswana traders, only those in the United Kingdom. Therefore, Botswanans need not worry about being subject to spread betting fees.
BDSwiss Broker Fees
Deposit and Withdrawal Fees
👉 BDSwiss does not impose any fees for deposits, while withdrawals of less than 100 EUR incur a cost of 10 EUR.
Inactivity Fees
👉 If a BDSwiss account is idle for more than three months, a 10% inactivity charge is assessed.
Currency Conversion Fees
👉 Botswana traders must pay currency conversion fees for deposits made in a currency other than the British pound, the euro, or the US dollar.
Other Fees
👉 BDSwiss charges several broker fees in addition to applying these fees to the Premium and Classic Accounts:
$500 (6,400 BWP) minimum to access AutoChartist Performance Stats.
$1,000 (12,900 BWP) minimum to access the Personal Account Manager.
BDSwiss Botswana Pros and Cons
| ✔️ Pros | ❌ Cons |
| Botswanans do not pay any deposit fees when they finance a trading account | Withdrawal fees apply when traders withdraw less than 100 EUR |
| The leverage ratios are decent, and BDSwiss offers negative balance protection | Currency conversion fees are applied to BWP deposits and withdrawals |
| BDSwiss offers a choice between four accounts | An inactivity fee is charged |
| BDSwiss has a transparent fee schedule | BDSwiss charges fees on the Classic and Premium Accounts for the use of AutoChartist Performance Stats and a Personal Account Manager |
Verdict on BDSwiss
👉 Overall, BDSwiss is very competitive in terms of its trading fees and spreads.
FAQ
How long will it take for BDSwiss to process my withdrawal?
BDSwiss typically processes all withdrawals within 24 to 48 working hours.
How much is the minimum deposit when I register an account with BDSwiss?
When you register a Classic or Premium account, you pay a minimum deposit of 1,200 BWP / 100 USD. However, if you register a VIP account, you pay 38,800 BWP / 3,000 USD, whereas a RAW account costs 64,700 BWP / 5,000 USD.
What happens if my BDSwiss account goes dormant?
Suppose your BDSwiss account has been inactive for three months. In that case, a fee of 10% will be applied for every month that it remains inactive until your balance is depleted and the account is automatically closed.
Does BDSwiss have a BWP Account?
No, BDSwiss only accepts USD, EUR, or GBP as base currencies for a trading account.
How much does it cost to withdraw funds with BDSwiss?
If you make a withdrawal of less than 100 EUR, you pay 10 EUR on the withdrawal.
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.
