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BDSwiss in Kenya — review, licence and costs
Cost calculator (median of 36 priced of 55)
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%0
- Round-turn cost20%100
- Safety20%no data
- Payouts15%80
- Track record10%70
- Platforms10%65
Numbered by weight: axis 1 counts for most.
Key facts (6 facts)
- Onboarding entity
- Kenyan clients are onboarded under the offshore entity BDSwiss (Seychelles) Ltd (FSA) / BDS Markets (FSC Mauritius).
- Founded
- 2012
- Retail leverage
- 2000KE
- Round turn
- 5 USDKE
- Currencies
- Primarily USD and EUR; no verified KES account.
- Swap-free account
- conditional
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 Kenya residents
- Kenyan clients are onboarded under the offshore entity BDSwiss (Seychelles) Ltd (FSA) / BDS Markets (FSC Mauritius).
- Local standing
- Offshore only; Kenya's CMA licenses local online forex brokers and BDSwiss is not CMA-authorised.
- Licence as the register states it
- No Kenyan (CMA) licence; served under Seychelles FSA (SD047) and/or Mauritius FSC (C116016172).
- Leverage for this entity
- Up to 1:2000 on the offshore entity; not capped by a Kenyan regulator.
- 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-only; CMA-licensed local brokers offer statutory recourse that BDSwiss's offshore entity does not.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Kenyan residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youOffshore only; Kenya's CMA licenses local online forex brokers and BDSwiss is not CMA-authorised.
- 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 Kenya market median(priced from 36 of 55)
Medians run over the 36 of 55 brokers that publish a price for Kenya, 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.
Payouts
Identical for every row: Deposit, h 24 · Fee, USD 0 · Min, USD 50.
Taxes for a Kenyan resident(1 rule)
- Forex/CFD profit treated as ordinary income for most retail traders (not capital gains), added to taxable income, taxed on graduated bands roughly 10% up to a top marginal rate of 35% (as of the review;https://global.bdswiss.com/account-types
Not tax advice. Check with the Kenya Revenue Authority.
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 KES account.
- Fee declared
- 3 of 3 methods
- Withdrawal back to
- the funding method
Where it does not serve(30 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 KE.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 1.5 | 33 |
Share of reviewers in Kenya: — The platform does not publish it.
Pros and cons(6 for and 3 against, each tied to a figure on this page)
- Round turn 5 USD on the raw + commission basis, under the Kenya median 7
- Min deposit 10 USD, under the Kenya median 25
- Withdrawal in 24 h, one of 46 of 55 brokers here that publish a time
- Swap-free account available
- Round-turn cost 100 of 100, its strongest of 6 scored axes
- 5 platforms: MT4, MT5, BDSwiss WebTrader, iOS
- No Kenya 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 Kenya one
- Reviews 0 of 100, its weakest of 6 scored axes
Alternatives in Kenya(6 of 55 scored in Kenya)
- Round turn, USD
- 4.5KE
- Min deposit, USD
- 0KE
- Leverage
- 500KE
- Rank in this country
- #7
- Round turn, USD
- 6KE
- Min deposit, USD
- 0 groupKE
- Leverage
- 500 group
- Rank in this country
- #10
- Round turn, USD
- 6KE
- Min deposit, USD
- 10 groupKE
- Leverage
- 3000KE
- Rank in this country
- #14
- Round turn, USD
- 6KE
- Min deposit, USD
- 50 groupKE
- Leverage
- 500KE
- Rank in this country
- #25
- Round turn, USD
- 6KE
- Min deposit, USD
- 100KE
- Leverage
- 500KE
- Rank in this country
- #12
- Round turn, USD
- 6KE
- Min deposit, USD
- 50 groupKE
- Leverage
- 500KE
- Rank in this country
- #19
"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.
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 Kenya score. Full methodology
| Axis | Weight | What is measured | BDSwiss |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 0 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 100 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 0 |
| 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 |
Where BDSwiss sits in the Kenya base(55 brokers)
Round-turn cost, USD (36 of 55 priced)
Median 7 USD · range 3-23 · this broker 5 USD · 19 of 55 brokers do not publish it
Minimum deposit, USD (27 of 55 priced)
Median 25 USD · range 0-2500 · this broker 10 USD · 28 of 55 brokers do not publish it
Retail leverage (29 of 55 with a Kenya figure)
Median 1:500 · range 30-5000 · this broker 1:2000 · 26 of 55 brokers do not publish it
Withdrawal time published (55 brokers)
FAQ
- Does BDSwiss accept residents of Kenya?
- No. Offshore only; Kenya's CMA licenses local online forex brokers and BDSwiss is not CMA-authorised. Onboarding entity: Kenyan clients are onboarded under the offshore entity BDSwiss (Seychelles) Ltd (FSA) / BDS Markets (FSC Mauritius).
- Is BDSwiss licensed to serve clients in Kenya?
- No Kenyan (CMA) licence; 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 5.0 USD per standard lot on EUR/USD. The median across brokers measured for Kenya is 7.0 USD.
- What leverage does BDSwiss offer to retail clients in Kenya?
- Up to 1:2000. Up to 1:2000 on the offshore entity; not capped by a Kenyan regulator.
- 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 Kenya?
- Cards, bank/wire and e-wallets; Kenya-specific rails (e.g. M-Pesa) 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.