Recalculated 2026-11-02 · Established 2012 · South African clients are served with ZA
BDSwiss — South Africa
BDSwiss is rated 2.02 out of 5 by our formula (Rank #65 of 70) for traders in South Africa: round turn 10 USD, residents accepted — Through an offshore entity.
Suits you if you can open with 10 USD · a swap-free account is available · it runs 5 trading platforms
Look elsewhere if the round turn is 10 USD against a 7 USD median here · it holds no licence issued in South Africa · you are onboarded by an offshore entity, not a local one
Key facts (8)
- Who actually onboards you
- South African clients are served with ZAR accounts and local bank tran
- Licence number
- C116016172
- Established
- 2012group
- Min deposit, USD
- 10 USD
- Platforms
- MT4 · MT5 · BDSwiss WebTrader · iOS
- Local funding
- Local ZAR bank transfer plus cards and e-wallets
- Max leverage
- 2000
- EURUSD
- 1.5 pipsgroup
Accounts (4)
4 of 4 accounts with a published cost per lot
4 of 4 shown
Click a column heading to sort. Figures are list terms, no promo codes.
| Broker · account | Min deposit, USD | Spread | Commission | Cost per lot | Swap-free |
|---|---|---|---|---|---|
| BDSwissCent | 10 | 1.5advertised | Anyper standard lot | 15round turn, USD | — |
| BDSwissClassic | 10 | 1.3advertised | Anyper standard lot | 13round turn, USD | — |
| BDSwissVIP | 250 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| BDSwissRaw | 500 | 0advertised | 10per standard lot | 10round turn, USD | — |
This broker against the South Africa middle (81 of 104)
| BDSwiss | South Africa median | |
|---|---|---|
| Round turn, USD | 10.0 USD | 7.0 USD |
| Min deposit, USD | 10 USD | 50.0 USD |
| Max leverage | 2000 | 500.0geo |
| Withdrawal, h | within 1 working daygroup | 24.0 h |
| EURUSD, standard | 1.5 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.0 pipsgroup | 0.0 pips |
| Established | 2012group | 2009.0 |
| Platforms | 5 | 3.0 |
Onboards residents through an offshore entity
Local FSCA status is not clearly confirmed at review; actual CFD trading is offshore-regulated, so FSCA-equivalent statutory protection should not be assumed.
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about BDSwiss.
- Who actually onboards you
- South African clients are served with ZAR accounts and local bank transfer; BDSwiss market
- Licence number
- C116016172
- Local licence
- no
- Checked
- 2026-07-09
Score (6/6 axes)
A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.
Check:25.0% × 0.00+ 20.0% × 3.75+ 20.0% × 0.00+ 15.0% × 4.00+ 10.0% × 3.50+ 10.0% × 3.25= 2.02
Ranked against brokers measured on every axis
Licence check
- Licence number
- C116016172
- Checked
- 2026-07-09
Who actually onboards you
South African clients are served with ZAR accounts and local bank transfer; BDSwiss markets a 'BDSwiss Markets SA (Pty)
Offshore entity
What each account gives you
Cent (min ~$10), Classic (min ~$10), VIP (min $250), Raw/Zero (min $500).
Cost per round turn, and the South Africa middle (81 of 104)
raw+commission
Client-money protections
Min deposit from ~$10 (Cent/Classic); no verified broker deposit fee.
What the broker publishes about payouts
Trading software and asset classes (5)
MT4 · MT5 · BDSwiss WebTrader · iOS · Android
250+ CFDs: forex, shares, indices, commodities and 26+ cryptocurrencies.
Reviews
BDSwiss is rated "Poor" with 2.5 / 5 on Trustpilot
Where it wins, where it loses
Pros (2)
- Swap-free account available
- Withdrawal published at within 1 working day
Cons (3)
- Round turn 10.0 USD against a South Africa median of 7.0
- No local licence: the client is onboarded by a foreign entity
- Carries a regulator warning; excluded from beginner and most-established lists
Where it does not serve
United States, United Kingdom, All European Union and European Economic Area countries, Canada, Japan
Methodology
the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Sources (3)
3 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- Regulator registers
- 1fsca.co.zafsca.co.za · domainRegister
- Aggregators and directories
- 2fxscouts.co.za/broker/bdswissfxscouts.co.za · pageAggregator
- 3sashares.co.za/bdswiss-reviewsashares.co.za · pageAggregator
FAQ (5)
Does BDSwiss accept residents of South Africa?
Through an offshore entity.
Which entity onboards a South Africa client of BDSwiss?
South African clients are served with ZAR accounts and local bank transfer; BDSwiss markets a 'BDSwiss Markets SA (Pty) Ltd' FSCA presence, though trade execution sits under the offshore Seychelles FSA / Mauritius FSC entities.
What licence does BDSwiss hold for South Africa?
Licence C116016172.
What does one EURUSD lot cost at BDSwiss?
10.0 USD per round turn against a South Africa median of 7.0 USD, measured on 81 of 104 brokers.
How long does a withdrawal from BDSwiss take?
BDSwiss publishes within 1 working day. Their own wording: “Withdrawal requests are processed by BDSwiss’s Account Team within one working day.”.