BDSwiss Minimum Deposit
Overall, the minimum deposit amount required to register a live trading account is $100, this minimum deposit is equivalent to 1,200 BWP. BDSwiss offers 4 trading account levels namely the CLASSIC account, Premium account, VIP account, and RAW Accounts.
- Lesche Duvenage
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Minimum Deposit Overview
Deposit Fees and Methods
Step By Step guide to depositing the Minimum Deposit
Pros and Cons
Final Verdict
FAQ
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 Minimum Deposit – 6 key points quick overview:
BDSwiss Minimum Deposit
👉 BDSwiss charges a minimum deposit amount starting from 100 USD.
👉 Traders from Botswana can anticipate varied minimum deposit requirements based on the kind of account they open. These are listed below:
Classic Account – 1,200 BWP or equivalent to $100
Premium Account – 1,200 BWP or equivalent to $100
VIP Account – 38,800 BWP or equivalent to $3,000
Raw Account – 64,700 BWP or the equivalent of $5,000 at the current exchange rate between the US Dollar and the Botswanan Pula.
👉 BDSwiss is a subsidiary of a worldwide active company based in Zug, Switzerland. The BDSwiss Group is licensed and registered in various countries, except for Botswana , where the Capital Markets Authority (CMA) oversees forex and CFD brokers.
👉 As a regulated investment firm, BDSwiss must adhere to all local laws and regulations regulating the supply of investment services, the conduct of investment activities, and the operation of regulated markets.
👉 BDSwiss does not hold consumer funds in its broker account, where operational funds are kept. They are divided into top-tier banks to avoid their use for other reasons, such as operational costs or to meet financial obligations.
BDSwiss Deposit fees and deposit methods
👉 BDSwiss does not subject Botswana traders to any deposit fees when they fund their trading account with the minimum deposit amount. Traders can use any of the following payment methods:
➡️ Bank wire transfer
➡️ Debit Cards
➡️ Credit Cards
➡️ Skrill
➡️ Neteller
➡️ Giropay
➡️ Sofort
➡️ EPS
➡️ iDEAL
➡️ DotPay
➡️ PayPal
➡️ Online Banking
👉 When making the minimum deposit, they can use either of the following deposit currencies:
➡️ USD
➡️ GBP
➡️ EUR
Step-by-step guide to depositing the minimum amount
Funding your account with BDSwiss consists of the following 3 easy steps:
Step 1 – Login to your Profile.
➡️ Go to BDSwiss website and log in to your personal profile.
Step 2: Select the account that you wish to fund & the deposit amount
➡️ Fill in the necessary details which include your preferred account and the amount you wish to deposit.
Step 3 – Choose your preferred deposit method and proceed to pay.
➡️ Fill in the requested details pertaining to your preferred payment method, eg. card details, after which you proceed to make the payment.
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 Botswana Pros and Cons
✔️ Pros | ❌ Cons |
BDSwiss is highly trusted and ensures client fund security by separating money from the broker account | BDSwiss does not support BWP as a base currency or as one of the deposit currencies |
The minimum deposit amount on entry-level accounts ensures that any traders can sign up for an account | |
BDSwiss does not charge any deposit fees | |
Eligible traders have investor protection if BDSwiss goes bankrupt | |
Negative balance protection is applied to retail accounts |
Verdict on BDSwiss
👉 Overall, BDSwiss is very competitive in terms of its trading fees and spreads.
FAQ
Can I deposit the minimum amount in BWP?
No, BDSwiss only accepts USD, EUR, or GBP deposits.
What payment methods can I use to deposit into my BDSwiss account?
You can use online banking, bank cards, bank transfers, and several electronic payment gateways such as PayPal, Neteller, Skrill, and others.
Can I ask a friend to deposit into my BDSwiss account on my behalf?
No, BDSwiss does not accept or allow any third-party deposits.
How much must I pay when I register a BDSwiss account?
You must pay the minimum deposit according to the live account you register as follows:
- Classic Account – 1,200 BWP / $100
- Premium Account – 1,200 BWP / $100
- VIP Account – 38,800 BWP / $3,000
- Raw Account – 64,700 / $5,000
How long does it take for my funds to reflect in my BDSwiss account?
It can reflect instantly or take a few days, depending on your payment method.
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.