BDSWISS is a well-known financial organization that provides CFD and Forex investing services internationally. Through this evaluation of Tradingcritique.com, you will have gained a lot of knowledge about BDSWISS and will know whether BDSWISS is suitable for you.
Table 1: BDSWISS Overview
BDSWISS Highlights | |
---|---|
Regulated By | The Financial Services Authority (FSA)Seychelles |
The Cyprus Securities and Exchange Commission(CySEC)Cyprus | |
The Federal Financial Supervisory Authority (BaFin)Germany | |
The Financial Securities Commission (FSC) Mauritius | |
Account Types | Classic accountRaw accountVIP accountPremium Account |
Demo account | YES |
Islamic Account | YES |
Minimum deposit | $100 |
Maximum Leverage | 1:500 |
Deposit Method | Ideal Dotpay Skrill NETELLER Bank Wire Maestro Giropay Sofort, EPS Visa/Mastercard Maestro Net Banking |
Withdrawal Method | Skrill NETELLER Bank Wire Online Banking Visa Mastercard |
Account Base Currencies | GBP, EUR, USD |
Trading Platforms | MetaTrader 4MetaTrader 5BDSWISS Mobile appBDSWISS WebTrader |
Commission | NIL |
Customer Support | 24/5 |
Market Instruments | Details |
Shares | YES |
Forex | YES |
Commodities | YES |
Indices | YES |
Cryptocurrencies | YES |
BDSWISS Review- An Intro
BDSWISS is a global financial institution that serves over a million clients worldwide with Forex and CFD investing services. BDSWISS was founded in 2012 and has since provided world-leading platforms, award-winning conditions, competitive pricing, and excellent execution on over 250 underlying CFD instruments.
BDSWISS currently serves an exclusive Member club with more than 1.5 million traders in addition to more than 1.5 million registered customers from more than 186 countries.
BDSWISS – Knowledge bites
BDSWISS provides traders from all over the world with the best trading circumstances. CFDs, ETFs, stocks, indices, and cryptocurrencies are other available trading instruments. Clients of BDSWISS can trade using the well-known MetaTrader 4, and MetaTrader 5, as well as the broker’s trading platform, BDSWISS WebTrader. 22 different languages are supported on the broker’s website, and 20 different languages are spoken by the support staff.
Regulations & Trustability Review of BDSWISS
BDSWISS clients are registered with the offshore BDS Markets organization, which offers little in the way of legal protection. It has a registered address only in Cyprus and Seychelles. The headquarters of BDSWISS are in Cyprus, Germany, the Philippines, and Seychelles. More information can be found below.
BDSWISS has licenses from several regulatory agencies, however, it appears that the Cyprus Securities and Exchange Commission (CySEC) is the main regulator.
The Mauritius Financial Securities Commission (FSC) has authorized and regulated BDS Markets as an Investment Dealer.
BDSWISS Holding Ltd is authorized and supervised by the Federal Financial Supervisory Authority (BaFin) of Germany.
The Financial Services Authority (FSA) of Seychelles has authorized and regulated BDS Ltd.
Table 2: BDSWISS Regulation details
Regulation | Country | Registered Office |
---|---|---|
The Cyprus Securities and Exchange Commission (CySEC)[199/13] | Cyprus | BDSWISS Holding Ltd6 Ioanni Stylianou, 2nd Floor, Flat/Office 202, 2003, Nicosia, Cyprus |
The Financial Services Authority (FSA)[SD047] | Seychelles | BDSWISS Holding LtdSuite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. |
The Financial Securities Commission (FSC)[C116016172] | Mauritius | |
The Federal Financial Supervisory Authority (BaFin)[HRB 160749B] | Germany |
Review of Awards of BDSWISS
BDSWISS outperforms several of its competitors in terms of industry recognition. Recent honors include:
Table 3: BDSWISS Awards details
BDSWISS Awards | Awarded by |
---|---|
Best Trading App 2019 | Mobile Star Awards |
Best Mobile Trading Platform Europe 2021 | Global Banking and Finance Awards |
Best Trade Execution 2019 | Global Forex Awards |
Best FX & CFD Provider 2020 | The International Investor Awards |
Best FX Education & Research Provider 2021 | World Finance Awards |
Investments, Products, and Instruments Review of BDSWISS
You can select from the most popular Shares, Indices, Forex, Commodities, and Cryptocurrencies at BDSWISS using CFDs and ETFs on Shares.
Financial Instruments that you can trade using BDSWISS:
Commodities
Shares
Indices
Table 4: List of the Most traded assets on BDSWISS
Forex | Commodities | Shares | Cryptocurrencies | Indices |
---|---|---|---|---|
EURMXNEURJPYEURHUFEURGBPEURCHFEURCADEURAUDCHFJPYCADJPYCADCHFAUDUSDAUDNZDAUDJPYAUDCHFAUDCAD | XPTUSDXAUUSDXAUEURXAGUSDUSOILCL_BRENT | AppleAmazonBoeing CompanyCitigroupBiogen inc.Adobe systemsAmerican express companyAdobe systems | ETHUSDETHGBPETHEUREOSUSDDOTUSDDOGEUSDDASHUSDBTCUSDBTCGBPBTCEURAXSUSDADAUSDMANAUSD | US30SPX500NAS100IND_50HKG_50GER_30GBR_100FRA_40EUR_50ESP_35AUS_200 |
Trading platforms available in BDSWISS – A Review
A trading platform is a device that allows you to purchase or sell an instrument with only a few clicks whenever and wherever you choose. As a result, BDSWISS provides you with the following trading platforms:
Trading platforms that can be used for trading in BDSWISS:
Meta Trader 4
MetaTrader 5
BDSWISS Mobile app
BDSWISS WebTrader
Meta Trader 4
- To develop a user-friendly trading interface that supports traders of all skill levels, BDSWISS Forex MT4 has used the MetaTrader MT4 platform and optimized it with the BDSWISS‘ cutting-edge technology.
- For traders who want to trade on the financial markets, the BDSWISS Forex MT4 platform is perfect.
- All the resources and tools needed to design and operate automated trading programs (Expert Advisors), execute and modify trade transactions, and study the price dynamics of financial instruments are available.
- Due to the platform’s great degree of customization, traders can design a trading environment specific to their preferences and trading methods.
MetaTrader 5
- The BDSWISS MT5 is the latest and most sophisticated MetaTrader platform.
- It includes all of MT4’s ground-breaking features as well as more sophisticated trading tools and indicators.
- It gives users greater control over their trades and the ability to make more informed decisions using cutting-edge analysis.
BDSwiss Mobile app
- You may watch currency market activity, access your account dashboard, open positions on every CFD asset available on the desktop MT4 platform, and deposit and withdraw money while on the go with the BDSwiss Mobile app.
- You can place and manage trades using the mobile app utilizing the same features and tools that are available on the desktop platform.
- An excellent selection of popular cryptocurrency CFD pairings are offered via the BDSwiss Mobile app for a seamless, round-the-clock trading experience.
BDSwiss WebTrader
- The BDSwiss WebTrader offers a superior trading experience that is accessible from all browsers
- It offers unique trading tools, such as a built-in Trends Analysis feature that provides traders with a thorough overview of the best market opportunities, along with projected future price trends and the best SL and TP levels.
- The BDSwiss WebTrader does not need to be downloaded, and it is fully synchronized with the MT4 versions that can be downloaded, enabling live price monitoring via a sophisticated market watch.
- The WebTrader was created to meet the demands of traders all over the world and is available in more than 20 different languages.
Review of Types of Accounts available in BDSWISS
The Classic, Raw, VIP, and Premium accounts are the 4 primary types of Forex and CFD accounts that BDSWISS currently offers. Premium account is available for specific countries only. For all accounts at BDSWISS, base currencies are available in EUR, USD, and GBP.
The BDSWISS Account types are:
Classic Account
Raw account
VIP account
Premium Account
StockPlus Account Review of BDSWISS
BDSWISS provides the StockPlus Account for stock-focused clients. This is only accessible to customers of the BDS Markets organization that is under FSC regulation. With a leverage ratio of up to 1:5, the StockPlus Account provides access to more than 1000 stocks and ETFs, 0% costs for non-leveraged trades, and more.
Corporate account Review of BDSWISS
Corporate accounts are created specifically to meet the needs of legitimate or registered corporations looking to benefit from BDSWISS lauded trading conditions. Corporations can trade a range of trading instruments, access efficient liquidity, and benefit from dedicated support seven days a week with the BDSWISS Corporate Account.
Demo Account Review of BDSWISS
A demo account with adjustable virtual balances of up to 1,000,000€/$/£ is available from BDSWISS free of charge. Demo accounts are available across many account types and are available for both MetaTrader 4 and MetaTrader 5. After 30 days, the BDSWISS demo account expires.
Fees & Commissions Review of BDSWISS
- Depending on the account that users choose, trading with BDSWISS will involve fees starting at $2, spreads ranging from 0.3 pips to 1.5 pips, and commission-free trading.
- Positions held overnight are subject to an overnight fee or swap fees.
- When your account currency differs from the currency you choose to deposit with, currency conversion takes place.
- Spreads and commissions are charged by BDSWISS for each non-share CFD.
- If there is no trading activity for more than 90 days, then 10% of the balance in your account will be taken each month as a fee.
Deposit & Withdrawal Methods Review of BDSWISS
iDEAL, Dotpay, Skrill, NETELLER, Bank Wire, Maestro, Giropay, Sofort, EPS, Visa/Mastercard, Maestro, Skrill, and Online Banking are the available methods for funding accounts. Skrill, NETELLER, Bank Wire, Online Banking, Visa, and Mastercard are the withdrawal methods. There are no fees for any deposits or withdrawals for BDSWISS customers. BDSWISS will apply a flat fee of 10 EUR for bank wire withdrawals that are equal to or less than 100 EUR.
Depending on the account type you select at BDSWISS, a different minimum deposit may apply. While the minimum initial deposit for the broker’s Classic account is $100, the minimum initial deposit for its VIP account is $3,000, and its raw account is $5,000. The minimum withdrawal for BDSWISS is $100.
Leverage available on BDSWISS – A Review
At BDSWISS, the maximum leverage is 1:500. This means that you can hold positions in the market worth $500,000 with a $1,000 account balance. At the offshore BDS Markets Company, the following leverage is accessible by asset:
Table 5: Assets & Leverage ratio on BDSWISS
BDSWISS Assets | Leverage ratio |
---|---|
Equities | 1:5 |
Commodities | 1:100 |
Indices | 1:100 |
Gold | 1:200 |
Forex | 1:500 |
Trading Tools Review of BDSWISS
BDSWISS offers a wide range of trading tools. BDSWISS has everything an investor needs to trade with confidence and market expertise.
Trading Tools available in BDSWISS:
Trading Calculators
Currency Heatmap
Trading Alerts
Autochartist
Trading Central
Trends Analysis
Trade Companion
VPS Service
Economic Calendar
LIVE Webinars
Bonus Review of BDSWISS
By introducing BDSWISS to your friends and family, you can earn up to $3,000 for each referral. Additionally, you can begin your trading career with a free 30% trading bonus on your initial deposit on BDSWISS Premium Account, up to a maximum of 2,500 dollars, pounds, or euros. When you fulfill the trading requirements, your bonus will become completely withdrawable money. You can receive an additional margin boost on your initial deposit amount and this limited-time promotion can only be redeemed within the first 30 days after the day of your registration.
Education and Research Review of BDSWISS
Through their Trading academy, BDSWISS offers comprehensive educational resources, including live webinars, courses, ebooks, and instructive videos. Clients with VIP accounts can access personal coaching. There have been trading seminars and workshops organized all around the world. You may also get access to important information such as market alerts, trade information, and analysis. BDSWISS provides excellent market research and charting tools, as well as unique materials to support traders and help you become a better trader.
Advantages & Disadvantages of BDSWISS
BDSWISS has both advantages and disadvantages which are listed in Table 6.
Table 6 : Pros and Cons of the BDSWISS website
Pros of BDSWISS | Cons of BDSWISS |
---|---|
Excellent educational resources and regular market webinars.In-house staffs produce the Daily Videos market coverage series.VIP customers have access to 500 trend patterns in the Trend Analysis Premium version. | Both trade bonuses and investment programs are lacking.hFor inactive accounts, the broker applies a fee.Weekend customer support is not offered.EU, UK, and US residents are not permitted to use it. |
Customer Support Review of BDSWISS
You can use email, Phone, WhatsApp, Telegram, or Live Chat to contact customer service in your preferred language. There is also a callback option. The most common queries are addressed in a FAQ section. The Customer support service is accessible 24/5, excluding weekends.
Table 7 : Customer support service details of BDSWISS
Social Media Pages of BDSWISS | |
---|---|
support@BDSWISS .com | |
Telegram | https://t.me/BDSWISS _channel |
https://twitter.com/BDSWISS EN | |
https://www.instagram.com/BDSWISS / | |
https://www.linkedin.com/company/BDSWISS / | |
https://www.facebook.com/BDSWISS EN/ | |
You tube | https://www.youtube.com/channel/UCWMS8bvTqu95RG9DyaGVwLQ / |
Frequently Asked Questions – BDSWISS
1. What is BDSWISS?
BDSWISS is a global brokerage company that was founded in 2012 and offers forex trading services. It quickly gained market share and is currently regarded as a leader.
2. What is the minimum deposit amount needed to trade with BDSWISS?
A $100 deposit is necessary to start a BDSWISS Account.
3. Does BDSWISS serve customers who are Muslims?
Yes, on a few different tiers of trading accounts, BDSWISS provides Islamic swap-free trading.
4. Which currency is used by BDSWISS?
The only account currencies available to traders at BDSWISS are USD, GBP, and EUR.
5. Is BDSWISS legit or a scam?
No, BDSWISS is not a scam; instead, it is a broker with many years of experience and a solid track record.
In a Nutshell
- BDSWISS offers traders of all levels access to its award-winning educational and analytical resources.
- Hedging, scalping, and algorithmic trading are all allowed under BDSWISS
- The customer service, education, and research at BDSWISS were outstanding.
- When it comes to price and access to cutting-edge tools, VIP and Raw accounts are more desirable to professional traders.
- Both beginner and experienced traders will find useful educational resources at BDSWISS .
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