Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose.
|High leverage.||For a demo account, you must register.|
|Variety of trading tools.|
BDSwiss is a well-established broker that offers traders a variety of ways to trade the financial markets.
BDSwiss offers trading in a variety of popular asset classes, including forex, commodities, indices, stocks, and cryptocurrencies. There are also more than 140 stock CFDs available.
It’s possible to trade using handheld devices, with mobile applications for iPhone and Android freely available. The MetaTrader MT4 and MT5 platforms can be downloaded to a desktop or accessed via WebTrader using standard internet browsers.
BDSwiss has a very transparent pricing policy which helps traders get a clear understanding of what fees are involved. The even better news is that BDSwiss is very competitive. Fees relating to forex trading are super-low, and stock CFD fees are also competitive.
Customer support is satisfactory rather than market-leading. Live Chat and telephone support are available from 09.00 to 23.30, five days a week. The BDSwiss platform is designed to be reliable and user-friendly, which means there is likely to be less need for around the clock assistance.
The BDSwiss approach is to offer clients the well-tested and robust trading platforms, MetaTrader 4 and MetaTrader 5. Both are available in downloadable and WebTrader format. MT4 is the world’s most popular retail trading platform.
MT4 and MT5 are suitable for beginner, intermediate and experienced traders. They offer excellent market analysis and charting tools. They also provide copy-trading and automated trading through the Expert Advisors function.
BDSwiss education and research materials cater to every type of trader. Free to use services include market news, glossary and a frequently asked questions section. There are designated sections for Beginner, Intermediate and Advanced, confirming the firm’s approach to supporting those who have been trading for a while. This earns the broker extra points as a lot of brokers concentrate heavily on Beginner traders.
The minimum deposit is only $200. As BDSwiss is regulated by a Tier-1 regulator, leverage is capped at 1:30 for EU clients, but those outside the EU can trade using up to 1:500. The leverage for stocks varies from 1:5 to 1:100, and for Forex up to 1:500.
BDSwiss is recognized as one of the elite forex and CFD brokers in the market today. This broker offers an intuitive trading interface as well as some superior trading features. They offer a wide variety of trade options which include CFD, MT4 Forex Option Builder, One Touch, 60 Seconds and Pro Trader. BDSwiss also provides traders with a vast selection of assets to trade in that include 26 stocks, 14 currency pairs, 20 indices and seven commodities. Detailed information on each asset is available on the website. It includes the Reuters code, the expiry rule as well as the trading hours of the asset.
The BDSwiss website is in six languages, including English, German, Swedish, Danish, Norwegian and Italian, which appeals to a wide range of traders globally. From the homepage of the site, you have access to all the features needed to trade, such as opening an account, banking information, the assets index, FAQ’s, information on how to trade forex & CFD and more. BDSwiss is headquartered in Cyprus and since opening its doors in 2012, has become one of the most reputable and popular brokers in the industry.
The firm was founded in 2011 and is licensed by the Cyprus Securities and Exchange Commission. It has offices in Cyprus and Germany, and BDSwiss LLC is approved and registered with the US National Futures Association (NFA). BDSwiss Holding PLC Holding itself is licensed by the Cyprus Securities and Exchange Commission CYSEC (EU), and BDS Markets is approved and regulated as an investment dealer by the 2016 FSC Commission.
BDSWISS TRADING FEATURES
BDSwiss offers more than a simple trading interface. A wide selection of additional features is easily accessible on the website. They include:
- A 100% web-based trading interface which requires no software download
- Website and customer support are available in five languages
- A demo account is available so that you can trade without the risk of losing real money
- Trading is also available on mobile allowing you to trade while on-the-go
- Opening a trading account is easy and is free of charge
- There are over 67 Assets to trade in a variety of asset classes
- Detailed online information on how to trade the different trade options that are available such as One Touch and 60 Seconds
- Short term and long-term trade expiry times available
- Live financial news available on the homepage of the site providing the latest market updates
- Competitive payout and risk ratios
- Professional and efficient customer support
BDSWISS TRADING PLATFORMS
The trading interface offered by BDSwiss is intuitive and easy to use. Since it is 100% web-based, you do not need to download any software. With a computer and internet access, you could be forex trading online within minutes. Trading is also available on mobile via iPhone and Android smartphone devices. The site is encrypted with an SSL Encryption certificate, thereby ensuring the safety of your personal and financial details at all times.
DEPOSITS AND WITHDRAWALS WITH BDSWISS
BDSwiss offers a wide variety of deposit and withdrawal methods and being able to access your money in your trading account is an essential part of forex trading. Deposits can be made using a selection of options which include credit cards such as, Visa and MasterCard, Maestro debit card, Paysafecard, Sofort, Ukash, Giropay, Postepay, EPS, and offline bank transfers. Withdrawals can be actioned in the same way and BDSwiss offers a quick turnaround time. Your funds are also kept in a segregated client fund account with EU banking institutions.
CUSTOMER SUPPORT FROM BDSWISS
BDSwiss can be contacted via telephone, fax, Skype, email and live chat which is available 24/7. Their customer service is also available in several languages, including English, German, Swedish, Italian, Norwegian and Danish. The customer support staff is experienced and professional, and they go the extra mile to assist you with any questions or queries that you may have.
BDSWISS REVIEW CONCLUSION
While there are many forex & CFD brokers available in the market today, BDSwiss offers the full package. By using this broker, you will have access to all the features needed to trade effectively. Whether you are new to the world of forex trading or are a seasoned forex professional or somewhere in between, each trader receives the same exceptional service and will also have access to the wide variety of assets and trade options that BDSwiss has to offer. As the world of forex and forex trading continues to grow, so too will the quality of service and features that are provided by this reputable broker.
Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.
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