BDSwiss Forex

4.7 / 5

Up To 50%

BDSwiss Forex

  • Leverage: 1:400
  • Platform: MetaTrader 4
  • Founded in 2012 and headquartered in Limassol, Cyprus, with an additional presence in Frankfurt, Germany;
  • Regulated by CySEC, and licensed to do business in all EU countries;
  • Client deposits are segregated from operating capital in separate bank accounts;
  • The Cypriot Investment Compensation Fund provides additional coverage of up to €20,000.00 per individual account;
  • Firm offers traditional trading of Forex and CFDs under one corporate roof;

Pros

  • Low Minimum Initial Deposit
  • Multiple Choices of Trading Platforms
  • Negative Balance Protection
  • Regulated Broker
  • Supports in 20 different languages
  • Wide Range of Products

Cons

  • No Bonus Offers
  • Only One Type Of Trading Account Available

BDSwiss Forex info

Name BDSwiss Forex
Established 2012
Location Cyprus
Minimum Deposit $250
Support Options Many reviews state that the customer support offered by BDSwiss is excellent. This is evident from the many ways to get in touch. If you click on their contact us page (which is not hidden away at the bottom of the site) you can see there are many different contact numbers and ways to get in touch including e-mail and live support. Support is available 7 days a week, 24 hours a day but there are lots of useful links like
Deposit Options Wire, credit card, and 18 other methods with more added continually
Withdrawal Options Wire, credit card, and 18 other methods with more added continually
BDSwiss Forex Leverage: 1:400
BDSwiss Forex Language English, Italian, Spanish, German, French, Greek, Polish, Danish, Finnish, Norwegian, Slovak, Swedish, Thai
BDSwiss Forex Mobile App Yes
BDSwiss Forex Platform: MetaTrader 4

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BDSwiss Forex  BONUSES 

With many brokers you will find very attractive bonuses offered to incentivise people to register an account. There are welcome bonuses and deposit match bonuses which range from 20-100% of the deposit depending on the scale of that deposit.

With BDSwiss there are no bonuses offered. They rely on the reputation and reliability of their platform. From time to time they used to offer bonuses but these aren’t available any more due to new licencing and legal rules.

Mobile Trading

It is important that good binary options brokers offer an all-round experience to their traders which includes ease of access. For traders being able to access the site at all times is important and with the latest technology this is expected from a good binary options broker. With the advance in smartphones, phablets and tablets it is important that there is an experience that suits all.

BDSwiss are pleased to offer a decent and strong mobile trading experience which is available on their responsive mobile website or via their mobile app. The app is available for both Android and iOS for both phones and tablets and is perfect for those who like to trade on the move, day or night. As long as the device is online the trader can trade anytime with BDSwiss.

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Trading Platforms

BDSwiss have 2 main types of trading platforms for traders to utilize for trading the financial markets. For traders who want to trade spot forex and Contracts for Difference (CFDs), they have access to several versions of the proven and reliable MetaTrader 4 (MT4) platform. Known for its robustness and wide array of trading tools, the MT4 platform has become the platform of choice for many traders in the online trading community.

Account Types

Despite the wide range of products that are available at BDSwiss, there is only one standard type of trading account provided by the broker. The same account can be used to trade spot forex, CFDs and is extremely affordable to open since the minimum deposit requirement is just $100.

Spreads & Commissions

Spreads at BDSwiss are highly competitive. For example, the spreads for the major currency pairs such as the USD/EUR can go as low as 1.2 pips.

Conclusion

BDSwiss has managed to maintain a good reputation among the online trading community. This broker has managed to expand their product offerings to cover the spot forex and CFDs trading sector which is good for traders overall. The fact that they are regulated also contributes to their popularity among traders as they have an added layer of security. In other words, traders can trade with the peace of mind knowing that their money is safe with this broker.

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