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BDSwiss minimum deposit reviewed

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.

Updated : May 7, 2024

Jump to:

005 regulations book

Minimum Deposit Overview

005 feature selection

Deposit Fees and Methods

001 cash withdrawal

Step By Step guide to depositing the Minimum Deposit

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

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 Minimum Deposit Methods Botswana

👉 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.

BDSwiss Minimum Deposit Methods Step 1 Botswana

 

👉 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.

BDSwiss Minimum Deposit Methods Step 2 Botswana

 

👉 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.

BDSwiss Minimum Deposit Methods Step 3 Botswana

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

BDSwiss Botswana Pros and Cons

✔️ Pros❌ Cons
BDSwiss is highly trusted and ensures client fund security by separating money from the broker accountBDSwiss 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.

10/10 - (1 vote)

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