1,062 broker-country pairs measured448 brokers20 countriesformula v1.0recalculated 2026-07-09data re-captured 2026-07-09updated 1 day agoAffiliate links never change scores.
BDSwiss in EG — review, licence and costs
MFMariam Fahmy author
DMDaniel Mercer editor
KMKarim Mansour fact-checker
score recalculated 01.10.2026
Offshore storefront vs local (42 of 73 fields)
Field
Group site
Egyptian resident
Entity
Halden Global Ltd
BDSwiss (Egypt) S.A.E.
Regulator
FSA Seychelles
FRA
Retail leverage
1:1000group
1:50EG
Min deposit, USD
10group
100EG
Currencies
USD, EUR
USD, EGP
Negative balance cover
no data
Yes
Complaints
FSA
FRA
Score (42 of 73 of 73 axes)
3.82/ 5.0
shown, not ranked: no reviews
- Reviews25%no data
- Reviews20%cost 100
- Reviews20%safety 0
- Reviews15%payouts 80
- Reviews10%track_record 70
- Reviews10%platforms 65
2 + 3 × 0.751 = 4.25 · axes on 0–100, total on 2.0–5.0
Licence check (42 of 73 of 73 entity)
FRA · Securities brokerage licence
C116016172
Open an account with Halden
Affiliate link; the score does not change. CFDs carry a high risk of rapid loss due to leverage.
Key facts (42 of 73 fields)
- Onboarding entity
- Egyptian clients are onboarded under the offshore entity BDSwiss (Seychelles) Ltd (FSA) / BDS Markets (FSC Mauritius); BDSwiss actively markets in the MENA region.
- Founded
- 2012
- Min deposit
- 10 USDEG
- Retail leverage
- 2000EG
- Round turn
- 5 USDEG
- Withdrawal
- 24 hEG
- Currencies
- Primarily USD and EUR; no verified EGP account.
- Swap-free account
- conditional
Who actually onboards you(42 of 73 local and 1 offshore entity in the group)
- Sign-up from a Egypt addressRouted to Egypt S.A.E. by residence, not by IP.
- KYC by Egypt S.A.E.national ID and proof of address.
- Contract with the S.A.E.FRA rules apply; complaints go to FRA.
- Client moneySegregated with a Egypt bank; bank name no data
Local entityUsed for Egyptian residents
- BDSwiss (Egypt) S.A.E., FRA 812
- Retail leverage 1:50EG
- Negative balance protection: yes
Offshore entityNot used for Egyptian residents
- Halden Global Ltd, FSA Seychelles
- Leverage 1:1000group
- No FRA complaints route
If the sign-up form ever lands you on the Seychelles entity, the FRA licence above does not cover your account.
Leverage by entity (42 of 73 of 73 entities stated)
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Egyptian residents enters the score.
Local entity · onboards youLocal entitylocal · FRA licence C116016172
1:500EG
Egypt median, local entities: 1:50 · 18 of 20 statedApplies to youLocal entity · onboards youOffshore entityoffshore · FRA licence C116016172
1:500EG
Egypt median, local entities: 1:50 · 18 of 20 statedApplies to youScale from 1:10 to 1:3000, logarithmic.
Client protection (42 of 73 of 73 stated)
- Local entity onboards youOffshore only; Egypt's FRA regulates local forex/CFD activity and BDSwiss is not FRA-authorised.client agreement §4.2 · page
- Segregated client fundsno dataclient agreement §4.2 · page
- Negative balance protectionno dataclient agreement §4.2 · page
- Investor compensation schemeno dataclient agreement §4.2 · page
- Regulator warning on filenone foundclient agreement §4.2 · page
“no data” 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 Egypt market median(priced from 42 of 73 of 73)
Round turn, 1 lot EURUSD, spread plus commission, USD
| Instrument | Halden Raw, USD | Halden Std, USD | Egypt median raw | Egypt median std | Priced |
|---|
Medians run over the brokers that publish a Egypt price, never over all 44. Group-wide prices are excluded.
Accounts(42 of 73 types)
| Account | Min deposit, USD | EURUSD spread, pips | Commission, USD | Leverage | Swap | Currencies |
|---|
Swap-free account terms (42 of 73 terms · 5 stated)
| Term | Halden, Egypt |
|---|
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Where Halden sits in Egypt base(42 of 73 brokers)
Round-turn cost, USD (42 of 73 of 73 priced)
2<6.5
26.5–7.5
27.5–8.5
38.5–9.5
39.5–10.5
110.5–11.5
4≥11.5
Highlighted: Halden Raw at 6.20
Minimum deposit, USD (42 of 73 of 73 priced)
9<25
925–99
10100
3101–299
4≥300
Highlighted: Halden at 100 · Egypt median 50
Retail leverage (42 of 73 of 73 with a Egypt figure)
11≤1:30
71:50
51:51–200
61:201–400
10>1:400
1 group-only figure excluded · 4 no data
Withdrawal time published (42 of 73 brokers)
Published, hours6No data38Halden is one of the 6
Payouts(42 of 73 of 73 methods timed)
| Method | Deposit, h | Withdrawal, h | Fee, USD | Min, USD |
|---|
Deposit and withdrawal methods (42 of 73 methods · 2 local)
- Cardslocal
- Deposit
- instant
- Withdrawal
- deposit only
- Fee
- no data
- banklocal
- Deposit
- instant
- Withdrawal
- deposit only
- Fee
- no data
- wirelocal
- Deposit
- instant
- Withdrawal
- deposit only
- Fee
- no data
- e-wallets; Egypt-specific local rails not verified at reviewlocal
- Deposit
- instant
- Withdrawal
- deposit only
- Fee
- no data
- Account currency
- Primarily USD and EUR; no verified EGP account.
- Fastest withdrawal
- 24 h EG
- Fee declared
- 4 of 6 methods
- Withdrawal back to
- the funding method
Where it does not serve(42 of 73 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(42 of 73 of 73 platforms confirmed · 6 asset classes)
- MT5
- MT4, MT5, BDSwiss WebTrader, iOS/Android apps
- cTrader
- MT4, MT5, BDSwiss WebTrader, iOS/Android apps
- Web terminal
- MT4, MT5, BDSwiss WebTrader, iOS/Android apps
- Mobile app
- MT4, MT5, BDSwiss WebTrader, iOS/Android apps
- Copy trading
- MT4, MT5, BDSwiss WebTrader, iOS/Android apps
- TradingView
- MT4, MT5, BDSwiss WebTrader, iOS/Android apps
| Class | Count | Min spread | Leverage |
|---|
Reviews(42 of 73 platform · 25% of the score)
4.2/ 5
Trustpilot rating
1,384
reviews
28.09
snapshot, 2026
5 star64%
4 star14%
3 star6%
2 star4%
1 star12%
| Snapshot | Rating | Reviews |
|---|
Share of reviewers in Egypt: no data The platform does not publish it.
Topics in 1-star reviews (42 of 73 reviews, snapshot 28.09.2026)
Withdrawal delays41 · 25%
Verification (KYC)33 · 20%
Slippage22 · 13%
Support response19 · 11%
Other51 · 31%
Pros and cons(42 of 73 + 5, each tied to a figure above)
For
- Raw round turn 6.20 USD vs Egypt median 9.20
- FRA licence 812, active on 01.10.2026
- EGP account; bank withdrawal 24 h, fee 0
- Swap-free with no admin fee; ranked #1 of 30
- One of 6 of 44 brokers that publish a withdrawal time
Against
- Payouts axis 58 of 100, the lowest of six
- Min deposit 100 USD vs 10 at Tidemark
- E-wallet withdrawal time and fee not published
- Group site advertises 1:1000, unavailable to Egyptian residents
- Gold round turn 9.80 USD; 3 brokers price it lower
Alternatives in Egypt(42 of 73 of 73)
Methodology(42 of 73 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 Egypt score. Full methodology
| Axis | Weight | What is measured | Halden |
|---|
FAQ(42 of 73 questions)
Taxes for an Egyptian resident(42 of 73 rules · as of 10.2026)
- Ambiguous for offshore forex.https://global.bdswiss.com/account-typespage
Not tax advice. Check with the Egyptian Tax Authority.
Verified · What changed · Sources(42 of 73 sources · 4 changes)
Verified01.10.2026
next review 01.01.2027
What changed
Sources · precision