BDSwiss Review 2023: Scam Or Safe? Uncovered Pros & Cons

BDSwiss is also a very well-decorated broker having collected a number of awards particularly in recent years as they have expanded their industry presence. This website includes information about cryptocurrencies, contracts for difference and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. For traders who opened VIP and Raw accounts, BDSwiss’ analysts provide real-time trading alerts via Telegram. Those traders also have access to the Trends Analysis tool, which is exclusively built into the broker’s WebTrader platform. The tool was developed in partnership with AutoChartist exclusively for BDSwiss traders.

The BDSwiss website is one of the best designs we’ve tested, and new traders will have no problem identifying the available assets to trade and the full fee structure. Trading accounts start at $100 for Classic, $3,000 for VIP, and $5,000 for RAW. The main difference between them is the spread, which starts at 1.5 pips for Classic, 1.1 pips for VIP and 0.3 pips for RAW . Keep in mind the spreads are floating, which means they change according to market conditions. Is regulated by CySEC under License number 199/13, by the British Financial Conduct Authority, and the other branches are also authorised and supervised by strong financial watchdogs such as the U.S. NFA. This gives us extra confidence that we are dealing with a trustworthy broker.

Is BDSwiss trading good?

Everything great work experience with bdswiss staff they really friendly corporate i really appreciate it always.. Video courses, analysis videos, and insightful webinars, hosted by BDSwiss’ professional analysts and traders. The trade types can be broken down into Forex Cryptocurrencies CFDs, Trading Software, and Features BDSwiss Payouts will vary based on the performance of the underlying asset. BDS review is deemed to be positive when it has such a range. I am grateful to the customer service representatives for helping me solve my problem. 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.

The overall phone support provided by BDSwiss was satisfactory. The BDSwiss phone support team were able to effectively address our questions and issues on the phone. We tested the multi-lingual BDSwiss team by calling in varying languages.

Opening an Account

HI, I came across a company called Forex Mania, it says it offers copy trading via BDswiss broker. Leading financial services multi-asset broker BDSwiss was recently awarded with the “Best Spreads and Trading Conditions-2022” by International Investor Magazine, the awarding body and financial magazine. The International Investor is a financial publication about investments and high-profile business. Every year the magazine’s award is dedicated to recognizing excellence in all industries across the globe. The leading Forex and CFD investment services institution BDSwiss has recently announced the launch of its proprietary performance analytics tool – Trade Companion. This tool was designed to provide traders with the insights they need to monitor, analyse, and improve their personal performance.

• We have already sent another reminder to the bank in order to provide us with a copy of the transaction’s SWIFT code in order to provide it to you.
• The web trader and mobile trading app is provided by BDSwiss, while desktop, web trading, and mobile trading can be implemented using MetaTrader 4 or 5 too.
• Developed in partnership with AutoChartist exclusively for BDSwiss traders, Trend Analysis is a unique tool that enables traders to spot some of the biggest trading opportunities directly on BDSwiss’ WebTrader.
• This broker has had some negative press but continues to win awards and grow in trading volume.
• The BDSwiss support desk is open 24 hours a day, seven days a week.

Download the BDSwiss MetaTrader 4 Program free of charge from Apple’s App Store. BDSwiss customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go. At the time of writing this BDSwiss review, and despite BDSwiss’s impressive offering, the company has surprisingly not garnered any awards to date. We recognize that well-informed decisions with BDSwiss are the cornerstone of successful trading. So, settle in, grab a cup of coffee, and immerse yourself in learning about BDSwiss and how it can benefit you, or if BDSwiss might not be the right fit for you. This BDSwiss review has been updated for 2023 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

If there is no free margin left together with the client, BDSwiss will stop your positions. If the losses in the ceased out position exceeds your account balance, you may encounter a negative account balance. It majorly owes this standing to its unbelievable platform and wide selection of resources plus tools so you may invest in capital markets.

The regulation of BDSwiss – How safe is it?

A BDSwiss First Deposit Bonus is made available on the BDSwiss Premium Account. A minimum deposit of $100USD must be made for the 30% Deposit to be received. The BDSwiss signup bonus is structured as a +30% bonus program with a minimum deposit required of $100 USD. You’ll also find no shortage of trading tools at BDSwiss either. From market insights and technical analysis to special reports and weekly outlooks, BDSwiss has everything an investor will ever need to trade with confidence and market knowledge.

• However, there are a lot of other key employees at BDSwiss who have a substantial contribution to it’s success.
• Practice in the demo account is the top priority at the beginning.
• This selection of options is sufficient for mobile-based trading.
• You should only in trading or investing if you are fully aware of the potential risk of loosing all your deposited money.
• Our local and international teams are here to support you on a 24/5 basis in more than 20 languages, while our wide range of payment methods gives you greater flexibility when it comes to deposits and withdrawals.

BDSwiss is a forex broker with its headquarters in Mauritius and provides a range of instruments for trading. Since its establishment in 2012 they have emerged as a top-tier player in the industry of online trading. BDSwiss includes an extremely competitive and full-featured trading site that is focused on currency, indices, metals, stocks , commodities.

Founded in 2012, BDSwiss is a multi-asset online CFD broker. The broker operates via BDS Markets, which is regulated by FSC Mauritius, and BDS Ltd, which is regulated by FSA Seychelles. Please come back often as broker services are very dynamic and can improve or deteriorate rapidly. BDSwiss has a rating of 1.8 stars from 5 reviews, indicating that most customers are generally dissatisfied with their purchases. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution.

BDSwiss Fees, Spreads, and, Commission

These account types were created to cater to different sizes of trade differently. All account types cater to their individual size domain and are provided with specified features. As the broker mentions, it always strives to provide a serviceGU withdrawals within 24 hours, but this only applies to business days. 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. 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.

I am ready to close all my positions and withdraw my balance. Does this platform think that no one will complain after returning the principal? It is probably that they cannot not survive in foreign countries so they come to the Chinese market and think that the Chinese investors will have no problems if the principal is okay. Smh…It’s very clear to tell everyone that everything goes smooth when you lose money. It’s easy to withdraw the principle when you make profit, but when it comes up with a profit… A series of educational resources is available at BDSWISS, such as seminars, eBooks, glossary, lessons, videos, daily market analysis, market insights, special reports, economic calendar, autochartist, etcetera.

Desktop Platform

The largely white colour with splashes of red could leave you feeling you’re on the Swiss Air site. The typically Swiss branding gives the site an instantly trustworthy feel that’s backed up by its seamless function and fast loading times. In keeping with their promises of transparency, everything you need is easily accessible. Perhaps most notably, the three different contact options are all available via icons on the right-hand side. In terms of security, there is a thorough account verification process that all clients must go through.

Our research tells us that bdswiss forex broker review is an innovative broker who offers the potential for great returns. It may take some time to learn to use their platform but after that it is smooth sailing. Plus, they present a range of trading options as well as high payout rates. In Europe, BDSwiss does not offer bonuses or exclusive promotions due to regulatory restrictions.

Our https://forexhero.info/ procedure is dictated by various anti money laundering laws and regulations to ensure client-funds safety. These, may sometimes delay the withdrawal process especially when customer documentation is not in line with what’s required. Usually, withdrawals are processed by our Team with 24hours. BDSwiss Classic and VIP account fees are all included in the spread spreads and commissions charged when conducting trade and vary according to the account type you select.

BDSwiss Base Currencies (Trading Account Currencies)

The spreads for these assets are always dependent on the current market from our tests and experience. From our experiences and tests, the customer service at BDSwiss is awesome.Only a few other brokers can offer such a service to a trader. Every day webinars are organized and there are competent market analyses for every customer. Also, trading signals can offer the broker, which had a high hit rate in the past.

The conversion fee will depend on the currency you are choosing to withdraw in. BDSwiss are a reputable brokerage that has been trading for over 11 years. They offer a large range of options in their user accounts. Visit BDSwiss website Trading in Forex / CFDs and Other Derivatives is highly speculative and carries a high level of risk. Trading in Forex / CFDs and Other Derivatives is highly speculative and carries a high level of risk.

You should have a good the of online trading before you set out and trade with real money as losses can exceed deposits. Aside from trading fees, online agents also charge non-trading fees. These are determined by the activities you undertake in your accounts. They are charged for operations like depositing money, not trading for long periods, or withdrawals. MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005.

MT5 also offers a hedging option, which allows traders to open opposite positions on the same currency pair. BDSwiss reviews reveal that this broker is one of the recommended binary options brokers both for risk-averse small traders as well as high rollers who are not shy of investing hundreds of dollars on each trade. The minimum deposit is just $10 and the minimum trade amount is $5. You can safely trust BDSwiss with your money because they are regulated by the CySec.

The Trading Academy offers new clients a well-rounded introduction to trading. BDSwiss touts proven strategies in its Telegram channel, accessible only to VIP and Raw account holders. BDSwiss also provides a full history of the Success Rate of its Trading Alerts service. While the most basic version of the MT4/MT5 versions are granted, there is an optional Autochartist plugin for the MT4 but any other EAs and plugins need to be downloaded independently by BDSwiss traders.