Visit FxPro
BDSwiss in South Africa — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%0
- Round-turn cost20%75
- Safety20%0
- Payouts15%80
- Track record10%70
- Platforms10%65
Numbered by weight: axis 1 counts for most.
Key facts (6 facts)
- Onboarding entity
- 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.
- Founded
- 2012
- Retail leverage
- 2000 group
- Round turn
- 10 USDZA
- Currencies
- ZAR account available for South African clients, alongside USD and EUR.
- Swap-free account
- conditional
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
Licence check
Open an account with BDSwissThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards South Africa residents
- 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.
- Local standing
- Local FSCA status is not clearly confirmed at review; actual CFD trading is offshore-regulated, so FSCA-equivalent statutory protection should not be assumed.
- Licence as the register states it
- An FSCA authorisation for the South African entity is claimed/marketed but disputed across sources; the trading entities are Seychelles FSA (SD047) and Mauritius FSC (C116016172).
- Leverage for this entity
- Up to 1:2000 on the offshore entity; not capped by a South African regulator.
- The firm behind it
- Founded 2012 (Cyprus/Zurich brand); exited EU/UK after losing CySEC and FCA licences; now offshore-focused via Mauritius/Seychelles, with a marketed South African arm.
- What we hold against it
- ZAR accounts and local funding are genuine positives, but FSCA authorisation is disputed and trading remains offshore - verify the FSP number on the FSCA register before relying on local protection.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards South African residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youLocal FSCA status is not clearly confirmed at review; actual CFD trading is offshore-regulated, so FSCA-equivalent statutory protection should not be assumed.
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against South Africa market median(priced from 80 of 103)
Medians run over the 80 of 103 brokers that publish a price for South Africa, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: Cent (min ~$10), Classic (min ~$10), VIP (min $250), Raw/Zero (min $500). The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Where BDSwiss sits in the South Africa base(103 brokers)
Round-turn cost, USD (80 of 103 priced)
Median 7 USD · range 1-20 · this broker 10 USD · 23 of 103 brokers do not publish it
Minimum deposit, USD (49 of 103 priced)
Median 50 USD · range 0-1000 · this broker 10 USD · 54 of 103 brokers do not publish it
Retail leverage (72 of 103 with a South Africa figure)
Median 1:500 · range 20-5000 · this broker 1:2000 · 31 of 103 brokers do not publish it
Withdrawal time published (103 brokers)
Payouts
Identical for every row: Deposit, h 24 · Fee, USD 0 · Min, USD 50.
Deposit and withdrawal methods (3 methods · 1 local)
Local ZAR bank transfer plus cards and e-wallets (Skrill/Neteller).
- Local ZAR bank transferlocal
- Cards
- E-wallets
- Account currency
- ZAR account available for South African clients, alongside USD and EUR.
- Fee declared
- 3 of 3 methods
- Withdrawal back to
- the funding method
Where it does not serve(5 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(5 platforms)
- MT4
- MT5
- BDSwiss WebTrader
- iOS
- Android
Identical for every row: Min spread 1.5 · Leverage 2000 ZA.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 2.5 | 87 |
Share of reviewers in South Africa: — The platform does not publish it.
Pros and cons(5 for and 5 against, each tied to a figure on this page)
- Min deposit 10 USD, under the South Africa median 50
- Withdrawal in 24 h, one of 86 of 103 brokers here that publish a time
- Swap-free account available
- Payouts 80 of 100, its strongest of 6 scored axes
- 5 platforms: MT4, MT5, BDSwiss WebTrader, iOS
- Round turn 10 USD on the raw + commission basis, over the South Africa median 7
- No South Africa authorisation on file: the entity that onboards you is licensed elsewhere
- A regulator warning is on file against this broker
- The published 1:2000 comes from the group's offshore entity, not from the South Africa one
- Reviews 0 of 100, its weakest of 6 scored axes
Alternatives in South Africa(6 of 103 scored in South Africa)
- Round turn, USD
- 6ZA
- Min deposit, USD
- 0ZA
- Leverage
- 500ZA
- Rank in this country
- #34
- Round turn, USD
- 8ZA
- Min deposit, USD
- 100ZA
- Leverage
- 500ZA
- Rank in this country
- #40
- Round turn, USD
- 8ZA
- Min deposit, USD
- 500ZA
- Leverage
- 500ZA
- Rank in this country
- #61
- Round turn, USD
- 11ZA
- Min deposit, USD
- 250ZA
- Leverage
- 1000ZA
- Rank in this country
- #63
- Round turn, USD
- 7.5ZA
- Min deposit, USD
- 200ZA
- Leverage
- 500ZA
- Rank in this country
- #21
- Round turn, USD
- 1ZA
- Min deposit, USD
- 0ZA
- Leverage
- 500ZA
- Rank in this country
- #38
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a South Africa score. Full methodology
| Axis | Weight | What is measured | BDSwiss |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 0 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 75 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 0 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 80 |
| Track record | 10% | Years since the firm was founded, from its own filings | 70 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 65 |
FAQ
- Does BDSwiss accept residents of South Africa?
- No. Local FSCA status is not clearly confirmed at review; actual CFD trading is offshore-regulated, so FSCA-equivalent statutory protection should not be assumed. Onboarding entity: 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.
- Is BDSwiss licensed to serve clients in South Africa?
- An FSCA authorisation for the South African entity is claimed/marketed but disputed across sources; the trading entities are Seychelles FSA (SD047) and Mauritius FSC (C116016172). Checked on 09.07.2026.
- How much does one round turn cost at BDSwiss?
- About 10.0 USD per standard lot on EUR/USD. The median across brokers measured for South Africa is 7.0 USD.
- What leverage does BDSwiss offer to retail clients in South Africa?
- Up to 1:2000. Up to 1:2000 on the offshore entity; not capped by a South African regulator.
- Which trading platforms does BDSwiss support?
- MT4, MT5, BDSwiss WebTrader, iOS, Android. Instruments: 250+ CFDs: forex, shares, indices, commodities and 26+ cryptocurrencies.
- How can I withdraw money from BDSwiss in South Africa?
- Local ZAR bank transfer plus cards and e-wallets (Skrill/Neteller).
- What account types does BDSwiss offer?
- Cent (min ~$10), Classic (min ~$10), VIP (min $250), Raw/Zero (min $500).
- Does BDSwiss offer a swap-free (Islamic) account?
- Conditional.
Taxes for a South African resident(1 rule)
- SARS taxes residents on worldwide income.https://fxscouts.co.za/broker/bdswiss
Not tax advice. Check with SARS.