BDSwiss's client portal invites a Zero Spread account with spreads starting from 0.0, while the account schedule in that same portal prices the tier at a 0.3 average on EUR/USD and a $6 commission a lot. On 23 October 2026 the public host made that schedule the contract a visitor can still reach. Requests to global.bdswiss.com, km.bdswiss.com, mau.bdswiss.com and www.bdswiss.com, including the old charges path and the old terms PDF, answered with HTTP 301 to dashboard.bdswiss.com. The figures below come from the HTML configuration keyed bdSwissMauritius and from the comparison table inside main.d6c3d216.js, both retrieved that day.
The same file pulls in two directions at once. defaultAccountSubType is basic, and the Mauritius row for basic prints an average EUR/USD spread of 1.3 with a forex commission of $0 a lot. The "starting from 0.0" sentence belongs to the Zero key, whose Mauritius row is the 0.3 average and the $6. The build loaded here is the Mauritius portal. A residence that routes to Seychelles, Comoros or an older Cyprus book hits a different string, and the dollars below are the Mauritius default on the named key.
Updated 23 October 2026
Who holds the BDSwiss retail contract on this portal?
The registration copy tells the applicant they are about to register with BDS Markets, regulated by the Financial Services Commission of Mauritius under licence C116016172. The footer gives the shell: BDS Markets, company number 143350, that same licence, address 6th Floor, Tower 1, Nexteracom Building, 72201 Ebene. A December 2022 bonus PDF, still linked from the portal's bonusTerms field and still returning HTTP 200 from the firm's S3 bucket, repeats the licence, the company number and the Ebene address. The configuration also sets the Google Pay merchant name to BDS Markets. The EUR/USD grid used below is the bdSwissMauritius block of that comparison table.
The FSC online public register at opr.fscmauritius.org returned an Incapsula interstitial on 23 October 2026, so the licence number here is the one the firm prints on its registration line, its footer and its bonus PDF. A matching row on the regulator's list stayed out of reach that day, and the gap sits in the rating.
Three other shells sit in the script. One footer assigns domain rights to BDS Ltd, registration 8424660-1, Seychelles Financial Services Authority licence SD047, Suite 3, Global Village, Jivan's Complex, Mont Fleuri, Mahe. The FSA capital-markets list at fsaseychelles.sc/regulated-entities/capital-markets, opened the same day, has a securities-dealer card for BDSwiss (Seychelles) Ltd, tradename BDSWISS, at Block B, Room 6, number 1, Global Village, Jivan's Complex, Mont Fleuri, with email info@bdswissglobal.com and telephone 4325840. The licence number is absent from the visible fields. The portal's name, licence and room disagree with that card. A third footer names BDSwiss Investments LTD, registration HY00423197, Mwali International Services Authority licence T2023244, Bonovo Road, Fomboni, Mohéli. A MISA register stayed unopened, so that licence remains a string in the app. A fourth passage places BDSwiss AG, Grienbachstrasse 11, 6300 Zug, outside the product line as the holding company.
MetaTrader 4 in the download block points at BDSwissGlobal-Demo01 and BDSwissGlobal-Real01 through BDSwissGlobal-Real05. MetaTrader 5, including the cent product, points at BDSwissGlobal-Server01. The Zero Spread sentence exists for both platforms, each time promising spreads starting from 0.0. A web trader URL, trade-v2.bdswiss.com, sits in the product config. The cost table labels its spread column "Average spread (EUR/USD)" and ties the figure to the account key on whichever of those platforms the client opens.
Does the CySEC sentence in the footer still describe a live licence?
The retail-loss template still ends on a Cyprus authorisation. It calls Swiss Markets and BDSwiss registered trademarks of BDSwiss Holding Ltd, and it says that company is authorised by the Cyprus Securities and Exchange Commission under licence 199/13, registration HE 300153, at Apostolou Andrea Street 11, Hyper Tower, 5th Floor, 4007 Mesa Yeitonia, Limassol. A footerCySEC string repeats the licence and adds Ioanni Stylianou 6, Nicosia. Another string renames the firm Viverno Markets Ltd, calls it the former BDSwiss Holding Ltd, and still says CySEC authorises it under 199/13. The migration dialog tells a client that the login reached BDS Markets under FSC C116016172, and that the existing account was detected under BDSwiss Holding Ltd, regulated by CySEC, licence 199/13.
The CySEC former-CIF page at www.cysec.gov.cy/en-GB/entities/investment-firms/former-investment-firms-cypriot/37650/, opened 23 October 2026, names Viverno Markets Ltd and marks licence 199/13 Withdrawn, with a licence date of 31 May 2013 and company registration 300153. The Limassol address matches the portal. Previous names are BDSwiss Holding Ltd, Keplero Holdings Ltd and Bdswiss Holding Plc. The only approved domain on the card is www.viverno.com. Decision page 99655, at www.cysec.gov.cy/en-GB/public-info/decisions/99655/, dates the withdrawal to 17 March 2025 and the announcement to 9 May 2025. The portal's present tense and the register's Withdrawn describe the same number.
The ultimate-beneficial-owner form still served from S3 is headed BDS MARKETS LTD, gives the Ebene address, and prints telephone +357 25 053 940. That is the telephone on the CySEC card for Viverno. The Mauritius form is carrying the Cyprus switchboard, and the migration dialog still calls the old book regulated under 199/13.
What does the Zero Spread EUR/USD lot cost on the Mauritius row?
The translation for averageSpread reads "Average spread (EUR/USD)". Forex and metals commission uses "or equivalent, per lot". On the Zero key, the Mauritius minimum deposit is 100, against a generic default of 5,000 in the same object. The average spread field is 0.3. Forex and metals commission is $6, energies $6, indices $2, equities 0.15% of volume. The benefit tag on that key is rawSpreadsFromZero, which is how the screen can say "from 0.0" while the numeric field beside it is 0.3.
A standard EUR/USD lot is 100,000 units of base currency, and one pip, the fourth decimal, is 0.0001. The product is 10 US dollars when the profit currency is the dollar. A 0.3 average is $3.00 of spread, paid in the price. Adding the $6 the schedule prints per lot produces $9.00. The file stays silent on a second commission at the close, and searches for "per side", "round turn" and "each side" came back empty. The $9.00 counts the labelled $6 once. A platform that bills $6 to open and $6 to close would make the row $15.00.
The Mauritius Zero minimum of 100 is the low end of the object. For country codes BH, KW, OM, QA, SA and AE the Zero minimum is 20,000. South Africa matches Mauritius at 100. The 0.3 spread, unlike the basic spread, is a single number applied across the entity blocks. The grid below uses $10 a pip and counts the printed forex commission once. Basic and standard share EUR/USD economics, and black and pro share a $0 forex commission at $10.00. Because the default subtype is basic, a signup that keeps the preselected key is on the $13.00 row, and Zero is an opt-in to the $9.00 row.
| Account key, Mauritius default | Minimum deposit | Average EUR/USD spread | Forex commission, as labelled | All-in, one standard lot |
|---|---|---|---|---|
| basic | $10 | 1.3 | $0 per lot | $13.00 |
| standard | $10 | 1.3 | $0 per lot | $13.00 |
| cent | $10 | 1.6 | $0 per lot | $16.00 |
| premium | $100 | 1.1 | $0 per lot | $11.00 |
| zero | $100 | 0.3 | $6 per lot | $9.00 |
| black | $250 | 1.0 | $0 per lot | $10.00 |
| pro | $250 | 1.0 | $0 per lot | $10.00 |
| raw | $500 | 0.0 | $5 per lot | $5.00 |
| prime | $5,000 | 0.3 | $5 per lot | $8.00 |
Cent carries the wide spread and a benefit line of up to 1:2000. Premium, minimum $100 and average 1.1, lands at $11.00 with a $0 forex commission. Indices are $2 a lot on Zero, Raw, cent, standard and prime, and $0 on black and pro. Equities on Zero and Raw are 0.15% of volume, a stock-CFD charge rather than a forex one.
Why does the Raw key price a cheaper lot than the account called Zero?
Raw is the row that prints an average of 0. The Mauritius minimum is 500, against a generic default of 5,000, and several Middle East country codes in that block sit at 50,000. Forex commission is $5 per lot, energies $5, indices $2, equities 0.15%. At $10 a pip, a printed average of 0.0 adds $0.00 of spread, and the lot is $5.00 if the $5 is charged once. Prime, minimum $5,000 on the Mauritius default, prints the Zero spread of 0.3 and the Raw commission of $5, which is $8.00. The account whose name says Zero is $4.00 a lot dearer, on these printed averages, than the account whose name says Raw, and it asks for the smaller deposit.
Separate strings promise a Zero Spread account, a Prime account and a RAW account, each "for spreads starting from 0.0", on MetaTrader 4 and again on MetaTrader 5. Another line pairs "ultra-thin spreads from 0.0 with our Raw Account" with "up to 40% lower spreads" on VIP. A banner puts "Lower Spreads" and "$0 Commissions" beside "Up 1:1000". The $0 forex commission is what basic, standard, cent, premium, black and pro actually print. Zero, Raw and prime are the keys with a dollar forex commission, and the banner is the wrong caption for them.
An average stored as the digit 0 is a harder claim than "from 0.0", and the field is named averageSpread. The object leaves averageSpread undated, while Pepperstone dates its average to a named month. A dated export from BDSwissGlobal-Real01, for the Zero key and the Raw key, would replace both the 0.3 and the 0.0, and the $9.00 and the $5.00 would move with it.
Above the spread, one note says that once equity passes $25,000, maximum leverage on that account steps down to 1:500. Cent copy still says up to 1:2000, and another passage says the 1:2000 ratio then varies with volume. The file also carries an ESMA passage on leverage restrictions for retail CFDs from 1 August 2018. The numeric caps in that passage stayed inside interface logic, so they stay out of the table. What remains in plain sentences is the advertised ratio, the $25,000 step-down to 1:500, and a European restriction notice beside a Mauritius registration.
How do Pepperstone and IC price the same standard lot?
Both peer pages were opened on 23 October 2026, and both say "per side", the phrase the BDSwiss schedule avoids. Pepperstone's UK pairs page at pepperstone.com/en-gb/markets/forex/pairs-and-spreads, from Pepperstone Limited, company 08965105, FCA 684312, prints EURUSD on Razor at a minimum of 0 and an average of 0.1, beside a Standard average of 1.1. The footnote dates the spreads to 1 August 2026 through 31 August 2026, all sessions, including rollover. Razor commission on MT4 and MT5, USD account, is $3.50 per standard lot per side, so $7.00 for the round turn, and the 0.1 average adds $1.00. All-in on that published average is $8.00. The page's own risk line says 73.6% of retail accounts lose money on spread bets and CFDs with that provider. The Pepperstone review is the longer file on the firm. The $8.00 here is recomputed from the page opened for this piece.
RelatedHantec Markets Prints a London Number on a Mauritius Book
IC's Raw Spread page landed at www.ic.com/en/trading-accounts/raw-spread-account. It says the average EUR/USD spread is 0.1 pips and the commission is $3.50 per lot per side: $1.00 plus $7.00, $8.00 all-in, on MetaTrader 4 and 5. The footer names IC and IC Markets Global as trading names of Raw Trading Ltd, Seychelles FSA securities dealer licence SD018, registration 8419879-1. The 0.1 average on that page is undated. The IC Markets review is the longer file. The chart uses the Raw page opened on 23 October 2026, Pepperstone's August window, and BDSwiss's undated 0.3.
The bars rank the account named in the "starting from 0.0" sentence, Zero at $9.00, against those two raw-spread peers at $8.00. Raw, at a printed $5.00, stays in the table because the bars answer the recruiting sentence. On that comparison Zero is $1.00 a lot above both peers, before any dispute about a second $6. If the $6 is per side, Zero becomes $15.00. If Raw's $5 is per side, Raw becomes $10.00 and slips behind both peers. Pepperstone and IC attach "per side" to the commission in words, and BDSwiss attaches "per lot".
| Firm, entity, tier | EUR/USD average | Commission, as the page labels it | All-in used here |
|---|---|---|---|
| BDSwiss Zero, BDS Markets, Mauritius row, MT4 or MT5 | 0.3, undated field | $6 per lot, once in this total | $9.00 |
| BDSwiss Raw, same entity and row | 0.0, undated field | $5 per lot, once in this total | $5.00 |
| Pepperstone Razor, Pepperstone Limited, FCA 684312, MT4 or MT5, USD | 0.1, August 2026 | $3.50 per side, $7.00 round turn | $8.00 |
| IC Raw Spread, Raw Trading Ltd, FSA Seychelles SD018, MT4 or MT5 | 0.1, page undated | $3.50 per side, $7.00 round turn | $8.00 |
Two other contract-versus-brand pieces on this site sit beside the entity stack. The Hantec Markets review follows a London number onto a Mauritius book. The Moneta Markets review prices the round-turn fee behind a 0.0 spread line. The VT Markets review is the nearer dollar cousin, a $6 lot once the zero on the spread line is set aside. Those pieces keep their own retrieval dates. The dollars in the tables above come from the pages named in this section.
What does the same file charge on the way in and the way out?
One funding string reserves 10 EUR, or the account-currency equivalent, where the withdrawal is at or under 20 EUR. A bank-wire string reserves a fixed 10 EUR on withdrawals at or under 100 EUR, with a minimum net of 50 EUR on an international transfer and 5 EUR on SEPA. Card copy splits inside the same script. One passage adds €4 when a credit-card withdrawal exceeds the sum of card deposits. Another sets the fee on trading profits sent back to the card at zero. A priority block tells a client who deposits $5,000 that the service includes zero withdrawal fees, a threshold product sitting above the small-withdrawal tariffs.
The bonus PDF linked from the live configuration is the December 2022 contract for a 30% credit on the first deposit into a Classic account. It excludes European Union and European Economic Area residents. The printed offer period runs to 31 December 2023, with a clause letting the company renew at its discretion. The file still answers HTTP 200, and the portal still points at it, so a client who ticks the box is shown an end date of 31 December 2023. The old general-terms path answers with the login redirect, so the bonus PDF is one of the few contracts that still download.
riskWarningPercentage is 69.2 in the HTML of dashboard.bdswiss.com as served on 23 October 2026, and the template drops that figure into the sentence on the share of retail CFD accounts that lose money. Pepperstone's UK page, retrieved the same day, prints 73.6% on spread bets and CFDs, on a different product list. A swap-free string on an Asia popup says the option lasts 90 days on all account types. Inactivity exists as a ledger type, inactivityFee. The label is wired into the back office, and a dollar amount for it is absent from the strings extracted, so a monthly dormancy tariff stays off the bill until a terms file that still downloads names one.
What page would move a 2.4 rating?
The rating on the contract, as the portal and the registers stood on 23 October 2026, is 2.4 out of 5. The schedule earns marks for printing a minimum, an average EUR/USD spread and a forex commission on one row, for nine keys. The marks come off where Zero is sold from 0.0 and tabulated at 0.3 plus $6, where the default subtype is basic at 1.3 and $13, where licence 199/13 is still a live CySEC authorisation in the bundle and Withdrawn on the register under Viverno Markets Ltd, and where the Seychelles footer and the FSA card disagree on the company, the room and the licence number.
- The Mauritius comparison object prints an average EUR/USD spread and a forex commission on the same row, which is enough to add up a lot.
- The registration line names BDS Markets, company 143350 and FSC licence C116016172, and the linked bonus PDF repeats all three.
- MetaTrader 4 and MetaTrader 5 are both in the download block, with the BDSwissGlobal server names written out.
- The Zero opening line says spreads starting from 0.0, and the Zero row prints 0.3 and $6 a lot.
- Licence 199/13 is still described as a live CySEC authorisation in the portal, and the CySEC card marks it withdrawn.
- The Seychelles name, room and licence in the portal footer and on the FSA card describe the brand in two different ways.
- The marketing host answers with a redirect to the login app, and the FSC row for C116016172 stayed behind an interstitial.
Four documents would move the 2.4. A line on the Zero and Raw rows that says the dollar commission is charged once per round turn, or once per side, replaces the $9.00 and the $5.00 and redraws the chart. An FSC page for licence C116016172 that shows BDS Markets, company 143350, and a domain the client actually uses, would confirm the entity the registration line already claims. Taking the present-tense CySEC sentence out of the bundle, or pointing 199/13 at the withdrawal of 17 March 2025, would close the largest register conflict. A public URL for the general terms and the charges schedule that returns the PDF, rather than a 301 to the login app, would let a reader check the $6 outside an account. A dated export of the average EUR/USD spread on BDSwissGlobal-Real01, for Zero and for Raw, would replace the undated fields. Any one of those pages is enough to reopen the number.
CFDs can consume a deposit in full, and every figure above is a reading of pages retrieved on 23 October 2026, which the firm can replace.