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BDSwiss is an international brokerage company founded in 2012 in Zurich, which quickly entered the market and became one of the largest trading groups. Currently, BDSwiss has a customer base of over one million customers from 180 countries. In addition to its headquarters in Switzerland, BDSwiss has offices in the United States, Germany, Mauritius, Cyprus and the Seychelles.
BDSwiss-regulated broker?
BDSwiss is the trade name of BDSwiss Holding Ltd, a company registered under the laws of Cyprus, which also has a CySEC license to provide financial and trading services. As an EU member, Cyprus ' regulation of investment services is fully in line with the European directives MiFID and MiFID II, which are designed to ensure a safe trading environment and control the operation of the markets themselves. Therefore, BDSwiss is entitled to provide services in the EU area and is a regulated broker.
In addition, BDSwiss, as a holding company, serves companies in Switzerland, Germany (BaFin) and the United States (NFA). Another BDSwiss office, located in the attractive offshore zones of Mauritius and Seychelles, is registered by the financial services Commission of Mauritius (FSC) and generally expands the broker's ability to offer its services to traders around the world. Despite the fact that offshore registration does not ensure serious and secure compliance with trading standards and operations, since BDSwiss is simultaneously regulated by a reputable European body, It is generally considered a safe broker.
How are you protected?
The security of client funds is provided in a variety of ways, including full transparency of the trading environment and compliance with the law by investors. All client funds are segregated and stored in special accounts of top-level global banks separately from the company's funds, as well as insured by the compensation Fund in the event of the broker's insolvency.
What is the maximum leverage in BDSwiss?
Depending on the broker's jurisdiction, clients receive different levels of leverage:
- Due to ESMA restrictions, European clients can use the maximum leverage level up to 1: 30 for Forex instruments;
- American traders are entitled to leverage up to 1: 40;
- International BDSwiss traders can still use leverage up to 1: 500.
Opening a BDSwiss trading account
When opening a trading account, you can choose the desired base currency – Euro, US dollar or British pound, which is convenient, as it means that you will not be charged additional fees for currency conversion.
What types of accounts does BDSwiss offer?
Currently, the BDSwiss broker offers three main types of accounts: Classic, Vip and Raw, created to meet the needs of various traders through lower commissions and expanded services while increasing the amount of capital.
Fees and commissions
For trading operations, you will be charged a spread fee and a Commission for moving the transaction to the next day if you hold the position for more than a day.
Spreads and commissions vary depending on the account type you choose. While the Classic and Vip accounts are based only on the spread model, theRaw uses interbank spreads and a Commission of$ 5 per lot.
For a more detailed view, see below for a comparison of the most popular assets applicable to the BDSwiss Classic account type with similar brokers AvaTrade and Plus 500.
BDSwiss trading platforms
The software solution offered by BDSwiss is based on the popular MetaTrader 4 platform, which provides comprehensive trading functions and a wide range of tools. Traders can also choose a more advanced MT5 trading platform.
Own BDSwiss WebTrader is completely based on working on the Internet, so you do not need any downloads or installation, you can access trading directly from the browser. The platform has a user-friendly interface and fairly powerful analysis functions, including technical analysis and risk management tools.
BDSwiss trading tools
BDSwiss provides access to trading across a wide range of more than 250 assets, including Forex currency pairs, as well as stocks, indices, commodities, and CFD-based cryptocurrencies.
What is the minimum Deposit in BDSwiss?
The minimum Deposit is $ 100, which is an attractive opportunity for many traders to start working with a classic account. Another nice thing is that BDSwiss does not charge a Commission for deposits from credit cards and e-wallets.
How long does it take to withdraw money from BDSwiss?
As the broker mentions, it always strives to provide a serviceGU withdrawals within 24 hours, but this only applies to business days. The minimum withdrawal amount is $ 100.
Conclusions
BDSwiss is a reliable international company that has managed to grow its customer base to more than one million customers thanks to stable trading conditions and a global offer. The broker relies on Swiss experience in the field of Finance and provides the opportunity to participate in trading to almost any trader, thanks to their regulation by the EU and other additional offices opened around the world.
You can share your opinion about the work of this broker, as well as read the reviews of BDSwiss and see our rating of Forex brokers.
- The year of Foundation 2012
- Head office address Apostolou Andrea Street 11, Hyper Tower, 5th Floor, Limassol 4007, Cyprus
- Maximum leverage 1:500
- Min. Deposit $100
- Regulation CySEC, FSA, NFA, BaFin, FSC
- Trading platform
- Payment system to enter Bank Transfers, Debit/Credit Cards , Skrill, Neleller
- Payment system for withdrawal Bank Transfers, Debit/Credit Cards , Skrill, Neleller
- Number of trading instruments 51
- The number of CFD instruments 166
- The number of metals 5
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