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BDSwiss

Mauritius Mauritius
Forex & CFDs · since 2012
FSC(MU)FSA(SC)ComorasFSCA - PERDIO CySEC y FCAwhat are these? →
1.5
/ 5 ★
RegulationFSC(MU), FSA(SC), Comoras, FSCA - PERDIO CySEC y FCA
Min. deposit$10
Leverage1:1 – 1:2000
PlatformsMT4, MT5, propia
InstrumentsForex & CFDs
Founded2012
🏛️ Which entity will open your account?
📍 Pick your country above and we'll tell you exactly which entity opens your account at BDSwiss.
How is this decided and how do I verify it? →

Regulation by region

The entity you sign with — and your protection — changes depending on where you live.

United Kingdom
⚠ FCA stopped its CFD offering
The FCA stopped BDSwiss (Aug 2021): 99% of UK clients onboarded by unauthorized offshore entities; losses of 96%+
European Union
⚠ Lost CySEC license (2025)
The Cyprus CIF license was WITHDRAWN by CySEC (9 May 2025) after suspension for inactivity and governance failure
United States
Not available
Not offered in the US
Australia
No ASIC license
Not authorized by ASIC
Rest of the world
Offshore (Seychelles/Mauritius)
BDS Ltd (FSA Seychelles SD047) and FSC Mauritius. Frozen-withdrawal complaints since late 2024

All licenses

Every regulator where the group holds a license, with its execution model. The entity that applies to you depends on your country (see above).

CyprusCySECWithdrawn (2025)Market maker
SeychellesFSAOffshoreMarket makerSD047 (BDS Ltd)
MauritiusFSCOffshoreMarket makerC116016172
United KingdomFCAWarning

Account types

Centcent account
Classicmin ~$100
VIPmin ~$3,000
Rawraw spread, min ~$5,000

Pros

—

Cons

✗No tier-1 regulation (offshore)
✗Withdrawal complaints / confiscation
✗No compensation scheme
✗Questionable transparency
✗Damaged reputation
✗Very high leverage (more risk)

Breakdown by axis

The total score (out of 100) is the sum of the 7 axes, with the same yardstick for everyone. Below each one, the rationale with its source.

Regulation: Offshore6/22 pts
Why: LOST its CySEC license (withdrawn 9 May 2025) and was banned by the FCA UK (2021); now only offshore entities (Mauritius/Seychelles/Comoros)
Withdrawals / payments: Denials0/20 pts
Why: documented pattern 2024-25: withdrawals stuck in 'maintenance' for months, profit confiscation, forced conversion of balances into a 'Copper Rights' product without consent
Fund safety: No protection0/15 pts
Why: lost CySEC's ICF; the current offshore entities have NO compensation scheme
Transparency: Misleading0/10 pts
Why: CySEC fines (EUR5k 2016 + EUR150k 2017 + EUR100k 2023) + FCA BAN 2021 (UK clients lost +96%)
Reputation: Damaged0/10 pts
Why: founded 2012; WikiFX 2.65/10 'stay away', Trustpilot ~2.1; lost its top licenses
Costs: Average4/8 pts
Why: average spread

Flags detected

🚩[regulation] offshore -> LOST its CySEC license (withdrawn 9 May 2025) and was banned by the FCA UK (2021); now only offshore entities (Mauritius/Seychelles/Comoros)
🚩[withdrawals] denies -> documented pattern 2024-25: withdrawals stuck in 'maintenance' for months, profit confiscation, forced conversion of balances into a 'Copper Rights' product without consent
🚩[fund_safety] none -> lost CySEC's ICF; the current offshore entities have NO compensation scheme
🚩[transparency] misleading -> CySEC fines (EUR5k 2016 + EUR150k 2017 + EUR100k 2023) + FCA BAN 2021 (UK clients lost +96%)
🚩[reputation] bad -> founded 2012; WikiFX 2.65/10 'stay away', Trustpilot ~2.1; lost its top licenses

Sources

Don't take our word for it — check it yourself. These are the official registries and legal pages we relied on.

🔗 ⚠ FCA — stops BDSwiss's CFD offering in the UK🔗 CySEC withdraws the CIF license (BDSwiss), 2025

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