Table of Contents:
- 1 BDSwiss minimum deposit and payment methods
- 1.1 How high is the minimum deposit at BDSwiss-Broker?
- 1.2 How to deposit step by step
- 1.2.1 Step 1: Accept the general terms and conditions of the BDSwiss-Broker
- 1.2.2 Step 2: Note further conditions
- 1.2.3 Step 3: Choose one of the different deposit options
- 1.2.4 Step 4: Make a payment to your reference account
- 1.2.5 Are there deposit fees?
- 1.2.6 Features of BDSwiss-Broker – What do you get for the BDSwiss minimum deposit?
- 1.2.7 Conclusion of the BDSwiss minimum deposit:
BDSwiss minimum deposit and payment methods
The BDSwiss-Broker is an offer from the Banc de Swiss, which has been offering its customers a wide range of trading opportunities in the binary options sector since 2012. The offer, which was once limited to binary options, has now been expanded to include trading in forex currency pairs and CFDs. The Banc de Swiss, which is the operating company behind BDSwiss, has its headquarters in Cyprus, which is why it is regulated by the Cypriot regulatory authority CySEC. The very strict regulatory authority monitors the broker for compliance with various regulatory provisions, such as ensuring a deposit guarantee of 20,000 Euros per investor, or for double accounting for company assets and customer deposits.
Traders can trade more than 1,000 different underlyings with the BDSwiss-Broker – the trend‘s still rising. However, the main focus is still on giving the customer the best trading experience. Since trading with the broker itself is very popular, the options regarding deposit and withdrawal as well as the minimum deposit at BDSwiss are going to be checked more closely. In the following sections, the reader will find all the information on the topics of deposit methods, minimum deposit, and fees for deposits and withdrawals.
(Risk Warning: Your capital can be at risk)
How high is the minimum deposit at BDSwiss-Broker?
Depending on the selected account model, the minimum deposit at the BDSwiss-Broker is either 100 Euros, 100 US-Dollars, 100 British Pounds or 200 Euros, 200 US-Dollars as well as 200 British Pounds. The broker thus offers an extremely broad audience of potential traders simple and uncomplicated access to binary options trading.
The extremely low minimum deposit compared to other brokers is advantageous, especially for newcomers to trading, as this does not pose any barriers to gaining initial trading experience. Furthermore, this also ensures that even experienced traders can feel welcome on the BDSwiss-platform and, if necessary, consider switching to this broker. As soon as the potential investor has made the 100 Euros, 100 US-Dollars, or 100 British Pounds minimum deposit, various account models are available to choose from. The following (basic) account models are choosable:
- the Classic-Account (100 Euros, 100 US-Dollars or 100 British Pounds minimum deposit)
- the Black-Account (200 Euros, 200 US-Dollars or 200 British Pounds minimum deposit)
While the Basic-Account is primarily suitable for beginners, the Black-Account offers a wealth of other options that should appeal to experienced traders and professionals in the field of trading. There are differences between the two types of accounts regarding the terms of fees, which are significantly cheaper with the Black-Account (which therefore has a higher minimum deposit). In addition, 3 other special account models are offered:
- the VIP-Account (3,000 Euros, 3,000 US-Dollars or 3,000 British Pounds minimum deposit)
- the RAW-Account (5,000 Euros, 5,000 US-Dollars or 5,000 British Pounds minimum deposit)
- the InvestPLUS-Account (5,000 Euros, 5,000 US-Dollars or 5,000 British Pounds minimum deposit)
The VIP-Account is more likely suitable for inexpensive trading in indices. However, the RAW-Account, on the other hand, offers various performance statistics, preferred trading options, and exclusive access to free webinars. Last but not least, the InvestPLUS-Account offers free dividend payouts on long positions, personal customer support, and more than 1,000 tradable assets.
See the table below for all account type features:
|Spreads from:||1.5 pips||1.1 pips||0.0 pips||0.0 pips (direct market access)|
|Commissions:||No commissions||No commissions||$5 commission per 1 lot trade||0.1%|
|Education:||Webinars, 24/5 support, academy||24/5 support, academy, priority services, personal account manager, exclusive webinars||24/5 support, academy, priority services, personal account manager, exclusive webinars||24/5 support, academy, priority services, personal account manager, exclusive webinars|
|Analysis:||Daily analysis||Daily analysis||Daily analysis|
|Signals||Limited access||VIP Alerts||VIP Alerts||Limited access|
|Special:||/||Low spreads without commission||Best for scalping||More than 1,000 markets for investing|
(Risk Warning: Your capital can be at risk)
Overview of the payment methods at BDSwiss-Broker
Regarding BDSwiss payment methods, the trader has several options for deposits and withdrawals. Besides different fee structures, these also have different execution times. While real-time transfers usually go straight to the trading account or leave it immediately, normal bank transfers usually take between 1 and 3 working days. Keep in mind: With the BDSwiss-Broker, payouts are only possible, once the corresponding minimum deposit has been made.
While deposits are made from your own bank account to the trader’s reference account, withdrawals can be requested in the account dashboard. For this, the potential trader simply has to click on “Payouts”. Attention: Payouts under 100 euros, 100 US dollars, or 100 British pounds usually have high fees. The BDSwiss deposit methods also allow smaller withdrawals, but the broker charges them quite expensive since smaller accounts are rather less profitable. Apart from that, the following BDSwiss payment methods are available to potential traders from which they can choose:
- Bank transfers (usually take between 1 and 3 working days)
- Electronic instant transfers (are executed immediately)
- Deposits and withdrawals via credit card (Visa and MasterCard)
- Deposits and withdrawals via electronic payment service providers such as Skrill or Neteller
- Deposits and withdrawals via giropay
- Deposits and withdrawals via iDeal
- Deposits and withdrawals via eps
It also has to be mentioned that deposits and withdrawals over 100 Euros, 100 US-Dollars, or 100 British Pounds are completely free. The minimum withdrawal amount is 10 Euros, 10 US-Dollars, or 10 British Pounds. The usual withdrawal fee for withdrawals under 100 Euros, 100 US-Dollars, or 100 British Pounds is 5 %, or at least 25 Euros, 25 US-Dollars, or 25 British Pounds.
How to deposit step by step
In order to make a deposit with the BDSwiss-Broker, the following steps must be carried out:
Step 1: Accept the general terms and conditions of the BDSwiss-Broker
In order to be able to implement a deposit, the general terms and conditions first require you to accept it within your trading account.
Step 2: Note further conditions
- A deposit can only be made from the trader’s bank account and not from a third-party account
- Previous identification of the trader has taken place (for example via video identification process)
- The deposit amount is available in the trader’s bank account
- Tax registration forms are completed in the trading account
Step 3: Choose one of the different deposit options
The following payment options can be used for payments into your own BDSwiss-Account:
- Deposits via credit and debit cards
- A deposit via your own Skrill account
- A deposit via the trader’s own bank account
Step 4: Make a payment to your reference account
With the final payment of the individual payment amount to the reference account of the trader, the payment can then be realized.
Are there deposit fees?
The BDSwiss-Broker only incurs costs for payouts under 100 Euros, 100 US-Dollars, or 100 British Pounds. Deposits, on the other hand, are always free of charge with the BDSwiss-Broker. Only the respective payment service provider can pass on costs for transfers to the trader. The minimum deposits themselves depend on the respective BDSwiss deposit methods and vary between 10 and 100 Euros, US-Dollars or British Pounds.
Features of BDSwiss-Broker – What do you get for the BDSwiss minimum deposit?
In connection with the BDSwiss minimum deposit, the potential trader can open a BDSwiss Basic-Account with which all basic trading activities can be carried out. This includes reliable 24-hour support in English as well as daily chart analysis options. Furthermore, the basic account offers access to the popular trading academy of the BDSwiss-Broker as well as opportunities to participate in many free webinars.
In any case, however, access to trading alerts is restricted. In addition to the basic account, the potential trader also has access to the broker’s free demo account, which is why the minimum deposit of 100 Euros, 100 US-Dollars or 100 British Pounds can be the best way to get to know the broker’s trading structures well via the demo account. In terms of fees, after making the minimum deposit for the Basic-Account, potential traders can expect spreads of 1.5 pips as well as free order commissions. In order to get to know the broker with all its facets, the Basic-Account, which becomes available in the course of the minimum deposit, is best overall.
Conditions for traders:
- Multi-regulated broker
- Leverage up to 1:400
- More than 1,000 markets
- Low and competitive spreads
- Personal support
- Trading signals
- Free education
- MetaTrader 4/5, mobile app, web-trader
Also, read our full BDSwiss review for more details.
Conclusion of the BDSwiss minimum deposit:
Compared to other providers on the market, the BDSwiss-Broker offers its customers a cost-effective and wide range of options for deposits and withdrawals. The varied offer is underlined by the high degree of customer orientation. The individual account models are automatically assigned to the potential trader depending on the account balance so that he can always start with the Basic-Account without any problems.
This also offers the trader a variety of options such as a free demo account, webinars, and low-cost trading fees. As soon as the minimum deposit of 100 Euros, 100 US-Dollars or 100 British Pounds has been made, trading can begin immediately. This offers traders of different levels of experience – from beginners to professionals – extremely easy access to the broker and its offer, which is why we would recommend the BDSwiss-Broker warmly.
(Risk Warning: Your capital can be at risk)