BDSwiss — South Africa
Key facts (8)
- Who actually onboards you
- South African clients are served with ZAR accounts and local bank tran
- Licence number
- C116016172
- Established
- 2012group
- Min deposit, USD
- not stated
- Platforms
- MT4 · MT5 · BDSwiss WebTrader · iOS
- Local funding
- Local ZAR bank transfer plus cards and e-wallets
- Max leverage
- not stated
- EURUSD
- 1.5 pipsgroup
This broker against the South Africa middle (60 of 104)
| BDSwiss | South Africa median | |
|---|---|---|
| Round turn, USD | 10.0 USD | 7.0 USD |
| Min deposit, USD | no data | 50.0 USD |
| Max leverage | no data | 500.0geo |
| Withdrawal, h | within 1 working day hgroup | 24.0 h |
| EURUSD, standard | 1.5 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.0 pipsgroup | 0.0 pips |
| Established | 2012group | 2009.5 |
| Platforms | 5 | 3.0 |
Accepts residents of South Africa
Through an offshore entity
Score (6/6 axes)
Ranked against brokers measured on every axis
Licence check
Who actually onboards you
South African clients are served with ZAR accounts and local bank transfer; BDSwiss markets a 'BDSwiss Markets SA (Pty)
Offshore entity
Cost per round turn, and the South Africa middle (60 of 104)
raw+commission
The numbers across South Africa
Round-turn cost, USD (60 of 104)
Median 7.0 · Range 1.5–20.0 USD
Minimum deposit, USD (36 of 104)
Median 50.0 · Range 0.0–1000.0 USD
What each account gives you
Cent (min ~$10), Classic (min ~$10), VIP (min $250), Raw/Zero (min $500).
What the broker publishes about payouts
Reviews
BDSwiss is rated "Poor" with 2.5 / 5 on Trustpilot
Trading software and asset classes (5)
MT4 · MT5 · BDSwiss WebTrader · iOS · Android
250+ CFDs: forex, shares, indices, commodities and 26+ cryptocurrencies.
Trading profits and South Africa tax
SARS taxes residents on worldwide income. Frequent/active forex trading is generally taxed as income at the individual's marginal rate (progressive 18%-45%), not as capital gains. Active traders typically register for provisional tax (IRP6 due end-Aug and end-Feb, plus a third top-up if owing) and file the annual ITR12; trading-related expenses are deductible. Rates/brackets change annually - pres
Where it wins, where it loses
Pros (2)
- Swap-free account available
- Withdrawal published at within 1 working day h
Cons (3)
- Round turn 10.0 USD against a South Africa median of 7.0
- No local licence: the client is onboarded by a foreign entity
- Minimum deposit for this country not published
The rest of the shortlist in South Africa (6)
Where it does not serve
United States, United Kingdom, All European Union and European Economic Area countries, Canada, Japan
Methodology
2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Verified · what changed · sources (3)
Checked: 2026-07-09
- fxscouts.co.za/broker/bdswiss page
- sashares.co.za/bdswiss-review page
- fsca.co.za domain
FAQ (5)
Does BDSwiss accept residents of South Africa?
Through an offshore entity.
Which entity onboards a South Africa client of BDSwiss?
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.
What licence does BDSwiss hold for South Africa?
Licence C116016172.
What does one EURUSD lot cost at BDSwiss?
10.0 USD per round turn against a South Africa median of 7.0 USD, measured on 60 of 104 brokers.
How long does a withdrawal from BDSwiss take?
within 1 working day hours as published. Withdrawal requests are processed by BDSwiss’s Account Team within one working day.