Broker Review · last checked July 2, 2026
BDSwiss Review 2026
BDSwiss operates through multiple entities, with records showing past CySEC regulation and links to offshore entities. Check carefully which legal entity, domain, and regulator apply in your region before opening an account.
- Official broker pages reviewed
- Official regulator records checked
- Funding, platform, and account details sourced from public pages
BDSwiss at a glance
Listing status: Eligible With Caution · regulated, cysec, offshore, higher risk
Our verdict
BDSwiss is best understood as a brand with several entities, each needing separate verification rather than a simple safety rating. Their official sites advertise low minimum deposits on some accounts, support MetaTrader 4 and 5, WebTrader, and a mobile app, with no deposit fees on listed funding methods. However, CySEC records reveal the former Cyprus entity, BDSwiss Holding Ltd, has been renamed Viverno Markets Ltd, with its licence withdrawn. Past CySEC decisions show fines and settlements against BDSwiss Holding Ltd/Plc.
Who this broker suits
- Traders who want public platform and fee information before opening an account
- Users who are comfortable verifying entity-by-entity legal documents and regional terms
- Comparative research on brokers with mixed regulatory history
- You want a simple, single-regulator broker profile
- You do not want to do extra legal-entity verification
- You are looking for a broker with a clean, uncomplicated public compliance record
Entity and regulation table
| Entity / brand | Regulatory status | Regulator / register | Evidence notes |
|---|---|---|---|
| Viverno Markets Ltd | Former Cyprus CIF; licence withdrawn | CySEC public register | Formerly BDSwiss Holding Ltd / Keplero Holdings Ltd / Bdswiss Holding Plc; licence 199/13 withdrawn. |
| BDSwiss (Seychelles) Ltd | Authorised by Seychelles FSA | Official website | Reg. No. 8424660-1; FSA licence SD047; registered address Suite 3, Global Village, Mont Fleuri, Mahe, Seychelles. |
| BDSwiss brand website | Broker website / support centre | Official website | global.bdswiss.com legal pages identify BDSwiss (Seychelles) Ltd as the operating entity. |
Key facts table
| Topic | Publicly sourced detail |
|---|---|
| Minimum deposit | Public BDSwiss pages show minimum deposits of $10 for Cent and Classic, $250 for VIP, and $500 for Raw on some regional pages; affiliate campaigns may alter the requirement. |
| Spreads | Public pages quote spreads starting from 1.6 on Cent, 1.3 on Classic, 1.0 on VIP, and 0.3 on Raw. |
| Platforms | MetaTrader 4, MetaTrader 5, WebTrader, and a mobile app are all publicly referenced by BDSwiss. |
| Deposit fees | BDSwiss states it does not charge fees for account funding; its fee page also says deposits and withdrawals via credit card are not charged by BDSwiss, although bank charges may still apply. |
| Withdrawal fees | BDSwiss states it does not charge withdrawal fees, but bank transfer fees may apply and some payment routes have minimum withdrawal amounts. |
| Region-specific terms | Some pages show different wording and minimums by locale, which is why account-level verification is essential. |
Public pages vary by region and language, so these facts should not be treated as universal for every client.
Alternatives to BDSwiss
| Broker | Comparison score | Regulator signals | Platforms | Why compare | Review |
|---|---|---|---|---|---|
| 75.5 | FCA, CySEC, KNF | xStation, xStation mobile app | Readers who want a broker with publicly disclosed multi-jurisdiction regulation, Users who value transparent fee pages and entity-level lega | Read review | |
| 73.5 | CySEC, Securities Commission of The Bahamas | Proprietary web platform, Mobile app, TradingView | Readers who want a broker with clear public legal-entity and regulator disclosures, Users looking for a proprietary web/mobile platform plus | Read review | |
| 70 | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (South Africa) | Colmex Pro 2.0, MT4, Web Trader | Readers who want a CySEC-listed broker with publicly verifiable entity details, Traders comparing U.S. equities-focused platforms and MT4 av | Read review | |
| 69.5 | FCA | Next Generation, MT4, MT5 | Traders who want a well-documented broker with clear public legal disclosures, Users who value proprietary platform depth alongside MT4/MT5 | Read review | |
| 68 | SEC, FINRA | IBKR Desktop, IBKR Mobile, Trader Workstation (TWS) | Experienced traders who want a broad platform lineup, Users who value detailed public disclosures, Clients who want multiple funding and acc | Read review |
Alternatives are sorted by the TopOnlineForexBrokers comparison score as of July 2, 2026. The score is not a safety guarantee.
External rating snapshot
| Source | Original score | Normalized /10 | Comment |
|---|---|---|---|
| Not included | N/A | N/A | No two high-quality, directly citeable third-party numeric rating pages were verified from authoritative public sources in this research pass. |
External ratings are optional and are not evidence of regulation or safety; this page relies on official sources instead.
Overview
When assessing if BDSwiss is safe, focus on the legal entity and regulatory status tied to the account page you use, not just the brand. Official pages list several account types, spreads ranging from 0.3 to 1.6 depending on the account, and minimum deposits starting at $10 for Cent and Classic, $250 for VIP, and $500 for Raw on some regional sites. Affiliate campaigns may alter these minimums. Platforms include MT4, MT5, WebTrader, and a mobile app. The broker does not charge for deposits, and funding methods appear inside the client area.
What matters most for due diligence
Before funding, confirm three things: the legal entity named in your account agreement, its regulator, and whether the website domain you’re using is officially linked to that entity. CySEC’s former-investment-firm register lists Viverno Markets Ltd as the renamed BDSwiss Cyprus entity, with licence 199/13 withdrawn. This means historical CySEC coverage is informative but no guarantee of current authorisation.
Entity and regulation
Public records reveal a mixed regulatory background. Viverno Markets Ltd is listed as the former BDSwiss Holding Ltd / Keplero Holdings Ltd / Bdswiss Holding Plc with licence 199/13 withdrawn and approved domain www.viverno.com. CySEC issued a €100,000 fine against BDSwiss Holding Ltd in 2023, following earlier penalties including a €150,000 settlement in 2017 and a €5,000 fine in 2016. Some BDSwiss documents mention BDSwiss Investments Limited regulated by the Mwali International Services Authority, so not all BDSwiss sites operate under the same regulator.
Fees, accounts and platforms
Official pages show at least four retail account types in some regions: Cent, Classic, VIP, and Raw/Zero-Spread. Minimum deposits typically start at $10 for Cent and Classic, $250 for VIP, and $500 for Raw. Spreads vary from 1.6 down to 0.3 depending on the account. The broker supports MetaTrader 4, MetaTrader 5, WebTrader, and a mobile app. It states no funding fees and no withdrawal fees on credit-card payments, though bank transfers may incur charges.
Deposits and withdrawals
BDSwiss lists deposit methods within the client area and states it does not charge for account funding. Minimum deposits can be as low as $10/€10/£10 on certain accounts, but regional differences and affiliate campaigns may affect this. Withdrawals have a minimum of 50 EUR or the equivalent, which may restrict small withdrawals depending on the payment method.
Country availability caveat
Don’t assume BDSwiss is available in your country just because the brand is online. Availability depends on the legal entity, licence, and website domain. Some pages are clearly region-specific. Confirm client acceptance, local restrictions, and the governing entity during registration and in the client agreement.
Alternatives to consider
If you prefer a broker with clearer regulatory status, compare BDSwiss with firms that list a single, verifiable regulator and a unified regional website. On TopOnlineForexBrokers, you’ll find regulated broker lists, FCA guidance, and funding-method explainers to weigh costs, platform options, and oversight before deciding.
Common questions
Is BDSwiss safe?
BDSwiss requires entity-specific due diligence rather than a simple safe/unsafe label. The brand has a regulatory history including past CySEC action; the Cyprus entity now appears as Viverno Markets Ltd with its CySEC licence withdrawn. Always check the exact legal entity and regulator before depositing.
What is BDSwiss’s minimum deposit?
Minimum deposits start at $10 for Cent and Classic accounts, $250 for VIP, and $500 for Raw on some regional sites. Affiliate campaigns may change these figures, so confirm on the specific account page before opening.
Which platforms does BDSwiss offer?
BDSwiss offers MetaTrader 4, MetaTrader 5, WebTrader, and a mobile app. Platform access can vary by account type and region.
Does BDSwiss charge deposit or withdrawal fees?
The broker says it does not charge fees for deposits or withdrawals, though bank transfers may involve charges. Some payment methods also have minimum withdrawal amounts.
Is BDSwiss regulated?
Historical CySEC regulation applies to the former Cyprus entity, now Viverno Markets Ltd with licence 199/13 withdrawn. Other BDSwiss entities reference offshore regulation in Mwali. Regulation depends on the exact legal entity and website domain.
Can I open a BDSwiss account from any country?
No. Availability varies by entity and region. Confirm client acceptance and review governing legal documents for your jurisdiction during application.
Check the details yourself
These are the pages we relied on. Read them before you open an account or send money anywhere.