Overall, BDSwiss can be summarised as a trustworthy and regulated Forex Broker that is very competitive and comprehensive in terms of its withdrawal methods, deposit options, and, Withdrawal fees. BDSwiss offers multiple trusted deposit options and withdrawal methods for active traders across the globe.
| 🔎 Payment Method | 🪙 Currencies Supported | ⏰ Withdrawal Processing | 🚀 Open an Account |
| 💴 Bank wire transfer | EUR, USD, GBP, PLN, CHF, SEK, DKK, NOK | 1 – 4 days | 👉 Click Here |
| 💵 Credit/Debit Card | EUR, GBP, USD | 24 hours | 👉 Click Here |
| 💶 Skrill | EUR, USD, GBP, CHF | 24 hours | 👉 Click Here |
| 💷 Neteller | EUR | 24 hours | 👉 Click Here |
Min Deposit
USD 10
Regulators
FSCA, FSC, FSA, MISA
Trading Platform
MT4, MT5, WebTrader, BDSwiss app
Crypto
Yes
Total Pairs
53
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
BDSwiss Fund Withdrawal Process – A Key Point Quick Overview
- ☑️ BDSwiss Overview
- ☑️ BDSwiss Safety and Security
- ☑️ BDSwiss Withdrawal Options
- ☑️ How to Withdraw Funds from BDSwiss
- ☑️ BDSwiss Detailed Withdrawal Information for Traders
- ☑️ BDSwiss Fund Withdrawal Terms and Conditions
- ☑️ BDSwiss Pros and Cons
- ☑️ In Conclusion
- ☑️ Frequently Asked Questions
BDSwiss Overview
BDSwiss is a foreign exchange broker regulated in an offshore jurisdiction. It has been progressively gaining momentum among traders in South Africa due to its dedication to transparency and trustworthiness.
When dealing with major currency pairings, BDSwiss is known for having trading costs that are among the most competitive in the industry. BDSwiss was founded as a reliable platform in the financial market.
This advantage over the competition guarantees traders a satisfactory investment return.
The completely digital, high-powered, and user-friendly account-opening process BDSwiss offers is one of the company’s most notable qualities. Furthermore, beginners and experienced traders will find the platform intuitive and user-friendly.
In addition, the platform’s hassle-free navigation and interaction features are two examples of its dedication to providing a positive experience for its users.
BDSwiss Safety and Security
Even though BDSwiss caters to South African traders, the broker is not presently regulated by the Financial Sector Conduct Authority (FSCA) of South Africa. In addition, BDSwiss does not have a local agency in South Africa.
Despite this, BDSwiss is regulated by other reputable international financial authorities, so the absence of FSCA regulation does not inherently imply a lack of safety.
In addition, one of the primary security measures implemented by BDSwiss is the segregation of client funds. This provides an added layer of protection against potential financial discrepancies or insolvencies by ensuring that traders’ funds are kept separate from BDSwiss’ operational funds.
Furthermore, the broker’s extensive clientele demonstrates its commitment to safety. Over 1.6 million forex and CFD traders are registered with BDSwiss, indicating a significant level of trust and reliability in the trading community.
BDSwiss Withdrawal Options
BDSwiss offers South Africans the following withdrawal methods:
- ✅ Bank wire transfer
- ✅ Credit/Debit Card
- ✅ Skrill
- ✅ Neteller
- ✅ Pay Retailers
- ✅ Cryptocurrencies
- ✅ QR Code
- ✅ Online Banking
- ✅ AstroPay
- ✅ Globe Pay
- ✅ EFT
and many, MANY more!
How to Withdraw Funds from BDSwiss
South Africans who want to withdraw funds from their BDSwiss trading account can follow the following few steps:
- ✅ Log into the BDSwiss website with your credentials.
- ✅ Go to the “Payments” section and choose the option to withdraw funds from your BDSwiss account. Note that you must use the payment method chosen when depositing funds.
- ✅ Choose your preferred withdrawal method and complete the form with the necessary information. Note that BDSwiss can request additional documents for verification.
Confirm the transaction and wait for your confirmation email from BDSwiss that the withdrawal process was successful.
BDSwiss Detailed Withdrawal Information for Traders
| 🔎 Payment Method | 🪙 Currencies Supported | ⏰ Withdrawal Processing |
| 💴 Bank wire transfer | EUR, USD, GBP, PLN, CHF, SEK, DKK, NOK | 1 – 4 days |
| 💵 Credit/Debit Card | EUR, GBP, USD | 24 hours |
| 💰 Skrill | EUR, USD, GBP, CHF | 24 hours |
| 💷 Neteller | EUR | 24 hours |
| 💶 Pay Retailers | ARS, BRL, CLP, COP, CRC, MXN, PEN, GTQ, USD | ⚡Instant |
| 💴 Cryptocurrencies | BTC, ETH, XRP, USDT (ERC20), USDT (TRC20), BCH, LTC, DASH, ZEC, TUSD, PAX, TRX, ADA | ⚡Instant |
| 💵 QR Code | THB, IDR, PHP, VND, MYR | ⚡Instant |
| 💰 Online Banking | THB, IDR, PHP, VND | ⚡Instant |
| 💷 AstroPay | EUR, CAD, BRL, COP, MXN, RMB, BOB, CNY, GBP, USD, PEN, INR, AED, CLP, PYG, JPY, SAR, THB, RUB, ARS, SEK, VND, NGN, MYR, ZAR, UYU, KES, IDR, GHS, TWD, AUD | ⚡Instant |
| 💶 Globe Pay | INR, USD | ⚡Instant |
| 💴 EFT | ZAR | ⚡Instant |
| 💵 M-PESA | NGN, KEN, GHS, UGX, TZS, USD, BWP, XAF, MZN, RWF | ⚡Instant |
| 💰 Airtel | NGN, KEN, GHS, UGX, TZS, USD, BWP, XAF, MZN, RWF | ⚡Instant |
| 💷 TiGO | NGN, KEN, GHS, UGX, TZS, USD, BWP, XAF, MZN, RWF | ⚡Instant |
| 💶 Korapay | NGN | ⚡Instant |
BDSwiss Fund Withdrawal Terms and Conditions
With BDSwiss withdrawals some of the following terms and conditions apply :
- ✅ BDSwiss does not charge internal withdrawal fees. However, traders must know that external fees may be incurred, particularly when using bank wire transfers or e-wallet services.
- ✅ A trader receiving a bonus should know that certain trading volume requirements must be met before withdrawing the bonus funds.
- ✅ A verification procedure is mandatory for South Africans withdrawing from BDSwiss for the first time. This requires submitting essential documents such as proof of identity, proof of domicile, and, in some cases, a copy of the used credit card.
- ✅ Dormant accounts will incur fees that are deducted from the account’s balance.
- ✅ BDSwiss provides a variety of withdrawal methods to accommodate the preferences of South African traders. However, it is important to know that the deposit and withdrawal methods should be the same.
- ✅ The required minimum withdrawal amount depends on the withdrawal method specified.
Withdrawals from e-wallets are instantaneous, with transactions typically accomplished within a day. Nonetheless, South African traders should be aware that withdrawal via bank transfer or credit card could necessitate a longer waiting period of several business days.
BDSwiss Pros and Cons
| ✅ Pros | ❎ Cons |
| BDSwiss caters to South African traders and provides a safe trading environment | The bank wire processing time is a few days |
| There are flexible withdrawal methods offered | BDSwiss imposes minimum withdrawal limits |
| BDSwiss does not charge withdrawal fees | BDSwiss has strict withdrawal terms and conditions |
In Conclusion
BDSwiss makes multiple withdrawal options available, with no internal withdrawal fees being charged.
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Frequently Asked Questions
Are bank transfers and credit card withdrawals from BDSwiss instant?
No, bank transfers and withdrawals from credit cards can take several business days.
Does BDSwiss charge any internal fees for withdrawals?
No, BDSwiss imposes no internal withdrawal fees. However, surcharges from third parties may apply.
I received a bonus on BDSwiss. Can I withdraw it immediately?
No, you cannot withdraw your BDSwiss bonus. Before withdrawing the bonus amount, traders must first achieve specific volume requirements.
Why is BDSwiss asking for my address proof for withdrawal?
Address verification is part of the procedure to ensure the security and legitimacy of the trader.
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