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BDSwiss in India — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%70
- Round-turn cost20%75
- Safety20%10
- Payouts15%80
- Track record10%no data
- Platforms10%65
Numbered by weight: axis 1 counts for most.
Key facts (6 facts)
- Onboarding entity
- Indian clients are onboarded under the offshore entity BDSwiss (Seychelles) Ltd (FSA) / BDS Markets (FSC Mauritius) via the global site; no Indian entity.
- Founded
- 2012
- Retail leverage
- 2000IN
- Round turn
- 10 USDIN
- Currencies
- Primarily USD and EUR; no verified INR account.
- 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 India residents
- Indian clients are onboarded under the offshore entity BDSwiss (Seychelles) Ltd (FSA) / BDS Markets (FSC Mauritius) via the global site; no Indian entity.
- Local standing
- Offshore only; under RBI/FEMA rules Indian residents may only trade INR-pair forex on domestic exchanges, so offshore CFD trading is legally restricted.
- Licence as the register states it
- No Indian (SEBI) registration; served under Seychelles FSA (SD047) and/or Mauritius FSC (C116016172).
- Leverage for this entity
- Up to 1:2000 on the offshore entity; far above any India-permitted level.
- The firm behind it
- Founded 2012 (Cyprus/Zurich brand); exited EU/UK after losing CySEC and FCA licences; now offshore-focused via Mauritius/Seychelles.
- What we hold against it
- Offshore CFD trading conflicts with RBI/FEMA; BDSwiss not confirmed on the RBI Alert List at review, but residents face legal/remittance restrictions.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Indian residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youOffshore only; under RBI/FEMA rules Indian residents may only trade INR-pair forex on domestic exchanges, so offshore CFD trading is legally restricted.
- 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 India market median(priced from 65 of 90)
Medians run over the 65 of 90 brokers that publish a price for India, 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 India base(90 brokers)
Round-turn cost, USD (65 of 90 priced)
Median 7 USD · range 2-18 · this broker 10 USD · 25 of 90 brokers do not publish it
Minimum deposit, USD (16 of 90 priced)
Median 15 USD · range 0-1000 · this broker 10 USD · 74 of 90 brokers do not publish it
Retail leverage (49 of 90 with a India figure)
Median 1:500 · range 20-5000 · this broker 1:2000 · 41 of 90 brokers do not publish it
Withdrawal time published (90 brokers)
Payouts
Identical for every row: Deposit, h 24 · Fee, USD 0 · Min, USD 50.
Deposit and withdrawal methods (3 methods · 0 local rails)
Cards, bank/wire and e-wallets;
- Cards
- Wire
- E-wallets
- Account currency
- Primarily USD and EUR; no verified INR account.
- Fee declared
- 3 of 3 methods
- Withdrawal back to
- the funding method
Where it does not serve(17 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 1.3 · Leverage 2000 IN.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.4 | — |
Share of reviewers in India: — The platform does not publish it.
Pros and cons(5 for and 4 against, each tied to a figure on this page)
- Min deposit 10 USD, under the India median 15
- Withdrawal in 24 h, one of 74 of 90 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 India median 7
- No India authorisation on file: the entity that onboards you is licensed elsewhere
- The published 1:2000 comes from the group's offshore entity, not from the India one
- Safety 10 of 100, its weakest of 6 scored axes
Alternatives in India(6 of 90 scored in India)
- Round turn, USD
- 9IN
- Min deposit, USD
- 10IN
- Leverage
- 500IN
- Rank in this country
- #13
- Round turn, USD
- 9IN
- Min deposit, USD
- 25 groupIN
- Leverage
- 1000IN
- Rank in this country
- #12
- Round turn, USD
- 6IN
- Min deposit, USD
- 0 groupIN
- Leverage
- 500IN
- Rank in this country
- #15
- Round turn, USD
- 7IN
- Min deposit, USD
- 10 groupIN
- Leverage
- 200IN
- Rank in this country
- #19
- Round turn, USD
- 7IN
- Min deposit, USD
- 0 groupIN
- Leverage
- 2000 group
- Rank in this country
- #56
- Round turn, USD
- 4IN
- Rank in this country
- #4
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 India score. Full methodology
| Axis | Weight | What is measured | BDSwiss |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 70 |
| 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 | 10 |
| 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 India?
- No. Offshore only; under RBI/FEMA rules Indian residents may only trade INR-pair forex on domestic exchanges, so offshore CFD trading is legally restricted. Onboarding entity: Indian clients are onboarded under the offshore entity BDSwiss (Seychelles) Ltd (FSA) / BDS Markets (FSC Mauritius) via the global site; no Indian entity.
- Is BDSwiss licensed to serve clients in India?
- No Indian (SEBI) registration; served under Seychelles FSA (SD047) and/or 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 India is 7.0 USD.
- What leverage does BDSwiss offer to retail clients in India?
- Up to 1:2000. leverageGeo: Up to 1:2000 on the offshore entity; far above any India-permitted level.
- 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 India?
- Cards, bank/wire and e-wallets; India-specific local rails (e.g. UPI) not verified at review.
- 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.
Cost calculator (median of 65 priced of 90)
EURUSD round turns at the prices captured 01.10.2026. Shown in USD only: we do not publish a INR conversion because the exchange rate is not part of our data.