BDSwiss was once a well-known forex and CFD brand. By 2026 its situation had changed significantly: its CySEC licence has been withdrawn, its public website is no longer available and new sign-ups are not being accepted. This article summarises what has happened.
Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This review is for information only and is not investment advice.
BDSwiss at a glance
| Current status (Nov 2026) | No public website; new account sign-ups not available |
| CySEC licence | Suspended in 2024 and withdrawn in 2025 |
| Remaining entity | BDS Ltd, Seychelles (offshore) |
| UK | FCA stopped the group offering CFDs to UK customers in 2021 |
Regulation and safety
BDSwiss’s regulatory history includes:
- The Cyprus company (later renamed Viverno Markets Ltd) was licensed by CySEC from 2013. CySEC suspended the licence in October 2024 and withdrew it in 2025.
- An offshore entity, BDS Ltd, is registered in Seychelles.
- There is no EU or UK regulated BDSwiss offer.
Licence details above are as stated by BDSwiss. Always check the firm and website on the regulator’s official register before you open an account, and confirm which entity your account will be held with. Regulation does not protect you against trading losses. See our guide: How to check if a broker is legitimate.
Products and platforms
- BDSwiss historically offered CFDs on forex, indices, stocks, commodities and crypto.
- As of November 2026, there is no public website showing current products, platforms or pricing.
Accounts and fees
- No current pricing information is publicly available.
Fees, spreads and minimum deposits vary by region and account type and can change at any time. Check BDSwiss’s current pricing pages for your country before trading.
Leverage
There is no current regulated retail offer, and no current leverage information is published. Higher leverage increases both potential gains and losses. Read Can you lose more than you invest in forex?.
Things to be aware of
- In 2021 the FCA stopped BDSwiss from offering CFDs to UK customers, finding that most UK customers had been onboarded through unauthorised offshore entities.
- CySEC fined BDSwiss Holding €100,000 in 2023, after earlier settlements.
- In 2026 trade press reported that the public website had gone offline and new sign-ups were failing.
- There have been reports of withdrawal complaints.
Pros and cons
Pros
- None that apply to new clients in 2026
Cons
- CySEC licence withdrawn
- Not accepting new clients
- History of regulatory action
Who might consider BDSwiss?
BDSwiss is not accepting new clients. If you already have funds with BDSwiss and have problems withdrawing, contact the regulator of the entity you signed up with and keep records of all communication.
Summary
BDSwiss is no longer a broker that new traders can use. Anyone looking for a broker should choose a firm with clear, current regulation in their own country. If you are contacted by people claiming they can recover money for a fee, read our guide on how to spot forex scams.
Information in this review was checked against BDSwiss’s published information and public regulatory records in November 2026. Details change, so always confirm the current terms on the broker’s own website and the regulator’s register.
Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This review is for information only and is not investment advice.