BDSwiss, one of the best entities for Trading, offers a wide variety of financial instruments for investments in Forex, CFDs, and Binary Options. BDSwiss belongs to the company BDSwiss Holding PLC, based in Nicosia, Republic of Cyprus.
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Is BDSwiss a Regulated Broker?
BDSwiss is 100% regulated by the Cyprus Securities and Exchange Commission, with license number 199/13. It is also regulated in the United States through the National Futures Association (NFA) with registration ID 0486419. Additionally, it has been regulated and authorized by the FSC since 06/12/2016 under license number C116016172.
Based on the information above, it can be concluded that this financial entity is serious and, in addition, it accepts Traders from the United States, allowing it to attract a larger number of clients worldwide. Being regulated by various bodies in different parts of the world contributes to increasing Trader confidence in this investment platform.
Features of BDSwiss
With BDSwiss, you can use over 250 assets for your investments. The best part is that this Broker does not charge any commission for orders executed in the market. In this regard, it has 0% commissions for each trade.
If you plan to trade Forex with BDSwiss, you should know that they offer a maximum leverage of 1:500. For residents of European countries, the maximum is 1:30, which is suitable for investments on their platform. It is important to note that leverage varies depending on the amount of money you are trading with, the type of underlying asset selected, and the type of account you open.
With BDSwiss, like any other Broker, you can speculate on the rise or fall of financial instrument prices. Remember that the use of any of the available products involves a risk of capital loss, so you should be cautious when investing.
If you want to practice or familiarize yourself with the BDSwiss investment platform, you can open a demo account. This account comes with a fictitious balance of $100,000 and offers real-time charts for you to practice and trade with virtual capital. This will help you understand how everything works in the Broker and the market if you are unfamiliar with it.
Keep in mind that to open a real account, you must deposit a minimum of $200, euros, or pounds. It is important to note that this Broker began its operations in 2010, initially as a Binary Options entity, and later also started offering Forex, CFDs, and ETFs Trading services.
What Types of Accounts Does BDSwiss Offer?
BDSwiss, which previously offered only one type of account, now has two types of accounts, in addition to the demo account. This changed around 2016.
Remember that, due to ESMA measures for residents of European countries, the maximum leverage at any Broker is restricted from 1:2 to 1:30, depending on the asset used for trading. The types of BDSwiss accounts are:
Cent Account:
- Minimum deposit of $10 USD.
- Spreads starting from 1.5 pips.
- Maximum leverage of 1:500.
- Over 70 instruments to trade.
- Tradable assets are Forex and Commodities CFDs.
- This account has 0 commissions per lot.
- Margin call at 50%.
- Stop Out at 20%.
- Available platforms are WebTrader, Mobile App, and MetaTrader 4.
- An Islamic account can be requested.
- Access to Trading Academy and live webinars.
- 24/5 support.
Classic Account:
- Minimum deposit of $10 USD.
- Spreads starting from 1.5 pips.
- Maximum leverage of 1:500.
- Over 250 instruments to trade.
- Tradable assets are Forex, Stocks CFDs, Indices CFDs, Commodities CFDs, Cryptocurrencies CFDs.
- This account has 0 commissions per lot for currency pairs and $2 commission per lot for indices.
- Margin call at 50%.
- Stop Out at 20%.
- Available platforms are WebTrader, Mobile App, MetaTrader 4, and MetaTrader 5.
- An Islamic account can be requested.
- Access to Trading Academy and live webinars.
- 24/5 support.
VIP Account:
- Minimum deposit of $500 USD.
- Spreads starting from 1.1 pips.
- Maximum leverage of 1:500.
- Over 250 instruments to trade.
- Tradable assets are Forex, Stocks CFDs, Indices CFDs, Commodities CFDs, Cryptocurrencies CFDs.
- This account has 0 commissions per lot for currency pairs and 0 commissions per lot for indices.
- Margin call at 50%.
- Stop Out at 20%.
- Available platforms are WebTrader, Mobile App, MetaTrader 4, and MetaTrader 5.
- An Islamic account can be requested.
- Access to Trading Academy and live webinars.
- 24/5 support.
Raw Account:
- Minimum deposit of $500 USD.
- Spreads starting from 0.3 pips.
- Maximum leverage of 1:500.
- Over 250 instruments to trade.
- Tradable assets are Forex, Stocks CFDs, Indices CFDs, Commodities CFDs, Cryptocurrencies CFDs.
- This account has $5 commissions per lot for currency pairs, $5 commissions per lot for commodities, and $2 commissions per lot for indices.
- Margin call at 50%.
- Stop Out at 20%.
- Available platforms are WebTrader, Mobile App, MetaTrader 4, and MetaTrader 5.
- An Islamic account can be requested.
- Access to Trading Academy and live webinars.
- 24/5 support.
What Trading Platforms Does BDSwiss Offer?
BDSwiss accounts can be used with several multi-terminal platforms, both online and downloadable, which allow trading from a PC, laptop, or mobile device. It is important to note that all these platforms are derived from MT4 (MetaTrader 4), available in:
- MetaTrader 4 Web Terminal: Allows online trading without the need for downloads.
- MT4 for Windows: You need to download this platform to use it.
- MetaTrader 4 for MAC: Similar to the Windows platform, it also needs to be downloaded.
- MT4 for Android or IOS: The downloadable version for mobile devices. Please note that, due to the screen size, the charts are limited compared to the desktop version.
What Accounts and Platforms Are Available for Binary Options Trading at BDSwiss?
In addition to Forex investments, BDSwiss used to offer Binary Options trading, but this has not been possible for a couple of years, as the Broker removed this feature and is now only a Forex, CFD, indices, stocks, commodities, and cryptocurrencies broker.
If you want to trade Binary Options, I recommend using Deriv Broker, as it is the best option for investing in this financial product. Here is the Deriv Broker review; I invite you to go to that post to learn more about that broker.
How to Deposit and Withdraw Funds from BDSwiss?
Deposits and withdrawals at this Broker are easy to make and secure. The minimum amount for each deposit is 200 units of the base currency you use (dollars, euros, or pounds), and the minimum withdrawal is 100 monetary units. Available payment methods and processors include:
- Neteller.
- Skrill.
- Sofort.
- Giropay.
- Przelewy 24.
- International bank transfers.
- Visa and MasterCard credit or debit cards.
BDSwiss Reviews
BDSwiss is an online investment platform that has proven to be a solid choice for traders of all experience levels. This regulated platform offers investors a wide range of financial instruments, analytical tools, and efficient order execution. The platform’s usability, along with quality customer service, has been praised by numerous users.
This Broker stands out for its commitment to safety and transparency, providing investors with a sense of confidence when trading in financial markets. Additionally, the versatility of its accounts and platforms allows users to tailor their investment experience to their specific needs.
Conclusion on BDSwiss
BDSwiss is a widely regulated and reliable Broker that offers a wide range of financial instruments for investors of all experience levels. Its accounts and platforms are versatile, allowing users to customize their investment experience according to their individual needs.
In summary, BDSwiss is a solid choice for those looking to enter the world of online trading. Its strong regulations and positive user feedback support its reputation as a trustworthy and accessible investment platform.
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