financial services authority
offered

We would also like to stress out that personal accusation against brokers or individuals without any proves or document to prove any illegal act might be ascribed as illegal act for itself and therefore attract legal measures. We recommend staying within the range of good taste and respectful language to avoid any unpleasantness. Guarantee me a return on 3000 because NFP is first friday of every month and that’s the only time he trades.

The methods are cards, bank wires, e-wallets , and cryptocurrency (BTC/BCH/ETH). We recommend you carefully read the documentation that’s available on their website. More and more brokers are making the transition towards CFD, FX, and Cryptocurrencies and BDSwiss is one of those brokers. They have dropped option-trading completely and are now focusing on the above-mentioned products exclusively. The available trading platforms are Meta Trader 4, Meta Trader 5, BDSwiss WebTrader, and BDSwiss Mobile – good choices and a great mix between functionality, customizability, and user-friendliness. I haven’t been trading for very long, but BDSWISS is fantastic,their support team get back to you with any questions answered quickly, make you feel at ease very good company, I would recommend it to more traders.

Recommended broker

Moreover, there are plenty of strategies to choose from that are useful for every trader, novice, or experienced one either with manual trading or automated trading through EAs. There have been many complaints from users online regarding withdrawals. These users have been upset by the difficulty they faced when attempting to withdraw their funds. Some say that they faced substantial delays when trying to withdraw, some for several months.

The rating system is bdswiss regulateds a clear picture of how well your broker fulfills this service. It’s a good idea to use the demo account for practicing and learning the trading platform, but do not spend too much time on the demo. While the broker processes withdrawals within 24 hours, the time required for funds to reach the account depends on the chosen withdrawal method. BDSwiss provides a high number of deposit options including credit cards, bank transfers, and e-wallets, which are available in multiple currencies. BDSwiss offers forex pairs, commodities, indices, stocks, ETFs, and cryptocurrencies. The number of available forex pairs and commodities is medium while there are lots of available cryptocurrencies.

  • Nevertheless, BDSwiss serves Forex traders from most of the world, including key markets in Europe and Asia, as well as Australia.
  • Traders need to ensure that they understand their risk exposure and determine whether the risk involved is suited to them before making trading decisions that could result in loss of capital.
  • BDSwiss leaves no stone unturned in its bid to educate investors.
  • BdSwiss is licensed and regulated by multiple regulatory authorities.

BDSwiss was founded eight years ago with a vision of offering an outstanding trading experience. To achieve this, we knew we must be committed to delivering both quality and quantity in every aspect of a trader’s activity. The reason that BDSwiss asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, BDSwiss has to be careful that they don’t breach any money laundering laws and part of that is know as KYC .

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.

You need to check all the advantages listed so you have a better comprehension of BDSwiss. The founders of BDSwiss are famous for their experience in the world of internet trading. However, there are a lot of other key people in BDSwiss who have a substantial contribution to it’s success. Over the past 11 years, BDSwiss has grown into one of the top online brokers available to the public.

For bank transfers via wire transfer international payments from a bank account, the minimum withdrawal amount is 50 EUR after the deduction of the 10 EUR basic fee. For SEPA transfers there is a minimum withdrawal amount of 5 EUR after the deduction of the 10 EUR basic fee. Also, you may compare BDSwiss fees to its peer XMtrading and other popular brokers listed and have BDSwiss review consequently before jumping to any conclusions.

The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. BDSwiss is a professional trading partner that was founded in 2012. They have around 353 staff that help the company offer Financial Markets Access, to 10,000+ clients through MT4 ,Android,iPhone,Mac. The BDSwiss Deposit Bonus is a bonus of up to 100% on your first deposit, available to all clients who make a deposit into their BDSwiss account. To qualify for the bonus, you must deposit a minimum of $500 into your account.

Indices

You’ll be required to input this code to log into your https://forexhero.info/s. BdSwiss is licensed and regulated by multiple regulatory authorities. The broker is regulated by the following regulatory authorities. 100% Deposit Bonus – Receive a 100% Bonus on Deposits (Max Bonus $5,000). Users caught spamming or abusing will be deleted from the site and prohibited from future registration at thatsucks.com and affiliates.

This is ridiculous since they didn’t require it to take my money. I then provided my ID and proof of residence and they emailed me back saying they don’t approve of my address even though it is identical on all my ID’s. I live on a farm so I don’t have a normal residential address.

  • BDSwiss state that they are using local numbers to ensure clients are not charged, but the English number is a UK number.
  • The educational section at BDSwiss is quite comprehensive for new dealers since it allows them to get a closer look in the financial markets.
  • Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
  • Advanced traders have access to a wide range of research tools and trading signals, as well as to the VPS offering.

BDSwiss does not charge any commissions on trades except Raw account. On Raw account, they have a $5 commission for per standard lot. However, the latest MetaTrader 5 platform does bring a lot of new order types that are beneficial to discretionary traders. Also, the improved software architecture of the MT5 platform is more stable. The first account offered by BDSwiss is called a Basic account and as the name suggests, it is targeted towards beginner traders who want a fixed spread account with the predictable fee structure. The Basic account offers traders the ability to trade as low as Micro lots (0.01 lot worth 1,000 units of currencies) and as high as 50 lots.

Commodities

It’s groundbreaking and has the capacity to transform financial services as an industry. We’re committed to ensuring quality, efficiency, and transparency to benefit all our clients on a global scale. This approach means we’re always competitive and take nothing for granted. As a company, we have the flexibility to adapt, as well as the strength to deliver.

financial markets

The Black account also features the same 250+ tradable assets like the other two accounts. Also, keep in mind that the minimum lot size you can trade with the Black account is set at 0.1 lots or a Mini lot worth 10,000 units of currencies. Trading Forex, CFD, Binary Options, and other financial instruments carry a high risk of loss and are not suitable for all investors. 66-84% of retail investor accounts lose money when trading CFDs with the providers presented on this site.

Can you trade energies with BDSwiss?

Sometimes withdrawals can take up to 10 to 15 working days and sometimes even longer depending on the region, location or payment processor. We are sorry to hear that you have been experiencing delays with your withdrawal. 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. Once we have this information, a member of of our Team will be in contact with you promptly. Please read BDSwiss Reviews below and share live trading experiences with this broker. When considering a broker to trade using real money, it’s always a great idea to make sure the broker is safe and secure.

To assist you with this query further we would like to kindly invite you contact us directly at and our Team will happily provide you with more details. Please contact our support Team directly either via live chat through the BDSwiss website or via email at and a member of our Team will be able to assist you further with your query. Hi Mj, we are sorry to hear that you feel this way about your BDSwiss Experience so far.

pips

These partnerships have proven to be great aids in the furthering communication between brokers and our visitors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. Only the NFA regulated brokers featured on this site are available to U.S. customers.

There is the possibility of unrestricted trading with leverage. Am very upset about my experience and i will not recommend anyone to go to BDSWISS and I am still shocked the traders advised me to trade with over 50% of my balance, I have had the worst experience ever. Before they vanish binary options, I was told that the sell button does not function, when there is big volatility.

Choose between different chart types and set any time period. Furthermore, BDSwiss gets its market data from well-known providers. There are no commissions to open an account, just like everywhere else but to withdraw, the client will have to pay a 10 EUR fee for wire withdrawals below or equal to 100 EUR and for any other withdrawal below 20 EUR. After 90 days without trading or depositing, an account will become inactive and will be charged an Inactivity Fee of 10% of the account balance. The minimum amount charged will be 25 EUR and the maximum will be 49.90 EUR . These are high fees in our opinion and we recommend reading their Terms And Conditions.

A Conversation With BDSwiss CEO Nicolas Shamtanis – Global Banking And Finance Review

A Conversation With BDSwiss CEO Nicolas Shamtanis.

Posted: Fri, 06 May 2022 07:00:00 GMT [source]

Founded in 2012, BDSwiss is a well-renowned broker based in Zurich that grew quickly to become one of the biggest online trading companies in the world. BDSwiss’s current client base includes 1.5+ million users from more than 186 countries, and more than 30 billion in average monthly Forex volume. I was able to withdraw with ease and there are no weird fees. 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?

Fees

As the largest and most liquid financial market in the world, the Forex/CFD market is regulated by the same regulating bodies that supervise banks and other financial institutions. The only difference however, is that these regulators can only regulate the Forex market domestically within their jurisdiction. It’s therefore very important for retail traders to look for brokers that obtain regulation which covers the jurisdiction where the trader resides. In addition, the company runs an active blog and community of traders, which allows sharing the user experience to get better knowledge about the capital, markets, and trading itself. So the conclusion comes to the point of a quality BDSwiss offering that may suit either beginning traders or even seasoned professional traders. You will also access useful information with market alerts, trading information, and analysis through its established BDSwiss Blog, which is definitely good and necessary for any trader, especially beginners.

His work has been frequently quoted by such publications as Forbes, USA Today, Entrepreneur, and LA Times. With more than 1,800 solutions scrutinized in the last 5 years spent on our team he always prioritized offering readers an unbiased perspective on modern financial technologies. You can deposit and withdraw safely by using secure methods such as credit card, Maestro, wire transfer, PaySafeCard and others. The minimum amount for both deposit and withdrawal is $/€100.

bdswiss mobile app

You can withdraw using the same method you selected for deposit. Therefore, BDSwiss is recommended for beginners as well as small traders. Invest small amounts and get the hang of the system before you plunge in with bigger sums. BDSwiss utilizes SSL encryption to protect traders’ data and confidential information. Plus, they only accept secure payment methods such as major credit cards and wire transfer. We did an internet search but could not find any major user complaints against this broker.

BDSwiss launches proprietary trading analytics tool – FinanceFeeds

BDSwiss launches proprietary trading analytics tool.

Posted: Wed, 27 Apr 2022 07:00:00 GMT [source]

The high number of stocks, indices, and cryptocurrencies led to a high score in the Tradable Instruments category. 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. Only five withdrawal options are listed, which was a bit surprising.

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