BDSwiss

Considered by customers as the premier means to trade efficiently and securely on markets worldwide, BDSwiss is a giant in online trading that allows over a million traders to access a carefully structured environment rich in advantageous solutions. Strictly regulated by multiple supervisory bodies to legally operate worldwide, the broker is founded on a fundamental concept: absolute transparency. Total clarity, which allows clients to know in detail any service or cost to be borne. Trading commissions, additional costs, spreads, deposit and withdrawal costs can be consulted with extreme ease by accessing the dedicated tabs present on the official website.

In addition to total transparency, synonymous with high security standards and respect for customers, the broker offers a wide range of products to invest in, including Forex, stocks, indices, commodities, and cryptocurrencies. Traders can decide which market to interact with by creating accurate strategies, using technologically advanced tools and functions, and trading conditions not everyone can offer.

Excellent multilingual support.

A team of professionals in the field always present for any eventuality, 24 hours a day, 5 days a week.

Updated market analysis and excellent live training courses.

Each client can evolve their modus operandi and expand knowledge thanks to detailed market analysis updated daily and webinars broadcast live by professionals in the field.

The best platforms in the world.

To interact best on the markets, having adequate software is vital. The broker offers clients two of the most popular and powerful platforms that have ever existed: MetaTrader 4 – MetaTrader 5. High-performance software that is easy to use to trade to the best of one’s abilities

Accounts for everyone and advantageous trading conditions.

The range of accounts offered by the broker has been meticulously structured to allow any type of trader to find the most suitable solution for their needs. In addition, the flexible and advantageous conditions (including spreads starting from 0.03 pip, commissions starting from zero, and secure deposits-withdrawals) will allow the trader to best manage their operations and balance their portfolio optimally. The accounts are: Cent Account, Classic Account, VIP Account, and Raw Account.

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MT4 and MT5 platforms, which one to choose for trading?

Traders are always in constant search for solutions increasingly compatible with their modus operandi. Having software capable of perfectly fulfilling the required tasks is essential to gain the maximum advantage from any operation performed. Being aware of how different the needs of traders around the world can be, MetaQuotes (creator of MT4 and MT5) has invested substantial resources in creating cutting-edge software. Platforms that, despite being technologically advanced and high-performance, allow with great ease both novice and experienced traders the possibility to maximize their potential: MT4 and MT5.

Each of these presents unique features, created with the sole intent of perfectly supporting the trader in carrying out operations. But which one to choose? Which is best for my trading? Let’s find out together!

MT4

Software that many say perfectly embodies the concept of “efficiency”, MT4 is undoubtedly the most popular and used platform in the world, given its extraordinary characteristics that include excellent performance and ease of use. MT4 offers customers an extremely intuitive environment, capable of allowing excellent interaction for traders of any level of experience. Both novice and professional traders will have the opportunity to perform operations to the best of their abilities, with excellent market analysis tools and technologically advanced fully customizable charts. One of the most appreciated features of the platform is its total customization. Extensive flexibility of use is almost due, to allow traders to adapt parameters, charts, indicators, and much more to their own trading needs. Moreover, MT4 includes among its services also an excellent automated trading, also fully customizable that allows traders to use free EAs, create new ones according to their needs, or buy them in the dedicated store.

Wide list of advanced and customizable charts

State-of-the-art charts that include a wide range of indicators, drawing tools, and time intervals to analyze markets and gain the maximum advantage from operations. All traders, regardless of their level of experience, will have the opportunity to customize them in line with their own trading needs.

Automated trading.

The automated trading service available on MT4 is extremely adaptable and innovative. The client, in addition to being able to take advantage of completely free EAs, will have the opportunity to create new ones and customize them according to their own needs.

Trading signals.

An indispensable service for trading informed and reacting in time to any market changes, the signals allow traders to receive real-time alerts, useful for knowing any market opportunities and exploiting them for their own purposes.

Customizable alerts.

Always having a clear and up-to-date general overview of the markets is the key to being able to achieve your goals on time. MT4 offers traders the opportunity to customize any alarms to receive, setting the parameters. Configuration of favorite alerts, activation of orders, flexible notifications, and much more.

Trading directly from the chart.

Having the possibility to consult and compare multiple charts at the same time and on the same screen, the trader will be able to study prices and trends in detail. A useful tool for accurate choices that could significantly increase the chances of profit.

Sentiment in trading.

Being able to consult both current and past sentiment, the open positions, the management of all executed orders, any stop losses and target prices, the client will be able to easily assess the general sentiment of the markets and analyze with precision the performance of the selected instruments on which it has been decided to trade.

MT4 is software compatible with most existing devices and operating systems. The client can opt for the version of the platform best suited to their needs.

• Desktop version: offered on Windows and Mac fixed devices
• Mobile version: compatible with any IOS or Android device.
• Web version: which does not require any download, the trader will be able to access the software simply by connecting to the internet from their own device.

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MT5

Undoubtedly the most powerful platform available in the world, MT5 is a multi-asset software that includes in its system tools and functions of the highest level, created exclusively to offer the trader access to a purely professional trading environment. In addition to including all the tools and services available in the less recent MT4, MT5 offers traders additional latest-generation functions, capable of guaranteeing access to a trading environment with the highest performance. Although it was originally created for experienced traders in the sector, over time MT5 has proven to be suitable for any category of trader, given the extremely intuitive interface and easy use. Like MT4, the software is fully customizable, allowing the trader to adapt any parameter or tool to their own needs. Latest generation charts, signals, analysis tools, risk management tools, trading robots in MQL5 language, and much more.

• Multi-asset platform that allows trading on over 250 CFDs.
• Quick and complete access to the account and history of executed orders.
• Possibility to adapt the platform to one’s native language.
• Daily statement always available to have full control of finances.
• Intuitive internal messaging system.
• Limits of take profit and stop loss settable.
• Flexible and customizable automated trading with Expert Advisor (also free).
• Possibility to perform an overlay of analytical studies.
• Various graphic and analysis solutions.
• View up to 100 charts simultaneously
• Over 80 technical indicators and 40 analysis objects
• Integrated MQL5 development environment
• Support of advanced orders, including: market, pending, stop, and trailing stop.

Totally compatible on any device and operating system, the platform adapts perfectly without causing malfunctions.

• Fixed devices version: Windows and Mac.
• Mobile app version: IOS and Android.
• Web version: for any device with internet connection. Does not require any download.

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MT4 vs MT5

We have been able to know in detail both platforms. Both created exclusively to make each trading experience unique in its kind. Advanced, intuitive, customizable… but which one to choose?

Consulting the next comparative table will make it easier to evaluate their similarities and differences, in order to choose the most right one for your needs.

MT4

Despite the platform providing cutting-edge tools and functions, it features a structure and an interface easy to understand and easy to use. Excellent solution for novice traders, eager to start investing without taking too many risks but making the most of their capabilities

MT5

Extremely powerful and high-performance multi-asset software, usable by any category of trader for its simplicity of use, but usually chosen by professionals in the sector who need superior services and tools to create complex and finely structured strategies.

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MT4 and MT5 accounts available

To interact in the markets using the available platforms, traders will have the opportunity to select the account most suitable for their style. By accessing the area dedicated to available accounts, beginners, experts, high-volume investment traders, and others will be able to view the characteristics of each account and choose one compatible.

In addition, if the trader intended to test the environment offered without having to commit funds, they could opt to open a demo version of the chosen account and start investing with virtual funds at zero risk.

The accounts offered by the broker may vary depending on the country of residence of the trader. Visit the official website accessible in your region, to know the list of available accounts.

The accounts offered on MT4 and MT5 platforms are:

• Cent Account
• Classic Account.
• VIP Account.
• Raw Account.

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Cent Account

A type of account with limited risks and minimal trading expenses, the Cent Account was created primarily for novice traders who intend to start getting involved without having to commit excessive funds. Given its characteristics, the account could also be chosen by professionals, to test the environment offered before investing higher amounts.

It’s important to remember that the Cent Account does not allow the trader to invest in a wide list of instruments, but offers affordable trading conditions with very limited risks. Zero commissions, reduced spreads to the minimum, and an activation deposit of only $10.

Open a Cent Account BDSwiss

Classic Account

A type of account that offers clients “standardized” trading, suitable for any type of trader. Beginners and experts can engage in negotiations using a wide range of instruments and extremely advantageous trading conditions. An excellent option to start familiarizing yourself with the broker, and then decide to open another type of account.

Open a Classic Account BDSwiss

VIP Account

An account with features suitable for purely professional trading, the VIP account offers specific tools and trading conditions that will allow clients to create accurate strategies for high-performance trading.

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Raw Account

A solution recommended for traders with high-volume investments, the Raw account offers features and functions carefully selected to allow traders to perfectly manage their investment portfolio and risk factor. Commissions minimized, advantageous spreads, and high leverage.

Except for the slightly lower average spreads and the unavailable Islamic version, the Raw account presents an environment very similar to the previously described account type (VIP account).

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How to open a BDSwiss account

The procedure that will allow interested traders to open a new account is both simple and quick. Every potential client can register and choose the most suitable account for their style, in just a few moments. Being a regulated broker, BDSwiss will require new subscribers to undergo an identity verification and to fill out a short questionnaire (containing questions about their level of preparation, investment goals, source of funds, etc.)

To open an account with BDSwiss, just follow these very simple steps:

First step.

To start, the trader will need to visit the official website and click on the “registration” icon visible at the top right of the screen. On the new page, provide the necessary information for registration: name, surname, country of residence, telephone number, date of birth, email, desired platform, and set the password. Accept terms and conditions, click on “submit”.

Second step.

Opt for the most suitable account for your needs and set parameters such as: maximum leverage, platform to use, base currency, etc.

Third step.

The client will have to undergo a verification process divided into three distinct phases. To begin, the trader will need to prove their identity by sending a clear front and back photo of a valid identification document (such as an ID card, passport, driver’s license). With access to the next phase, the trader will have to provide documentation proving their residence, such as a recent utility bill containing a full address (electricity, gas, internet, phone). Finally, they will have to complete a brief questionnaire that will allow the broker to know the level of experience and economic situation of the client.

Last step.

Once suitable, the client can make a deposit and start investing.

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Comparison of offered accounts

By consulting the next table, the trader will be able to compare the characteristics of all the accounts offered by the broker and decide which is the best for their modus operandi.

It is important to remember that the broker will not charge any commission for trading on forex pairs, cryptocurrencies, and commodities. For other available instruments, such as indices and stocks, the client will be required to bear a fixed commission on operations performed (which changes both based on the type of account selected and the currency).

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