They are registered on the Seychelles at the moment, so it’s pretty hard to say for sure. BDSwiss has been active online since 2012, when Bitcoin was on the rise once again. Since then, they’ve been able to accumulate quite a user base, and they are considered one of the top European brokers. There are lots of them, so it doesn’t necessarily mean you’ve heard about them before. It’s important to note that BDSwiss Holding Ltd, situated at 6 Ioanni Stylianou, 2nd Floor, Flat/Office 202, 2003, Nicosia, Cyprus, plays a role as the payments processor for BDS Ltd. This collaborative effort helps facilitate financial transactions within the BDSwiss framework.

The platform is comprehensive in the tools it provides and the functions it can perform, yet it is very lightweight and easily accessible to all mobile traders, so you never have to miss a market move. BDSwiss offers its clients the flexibility to choose their preferred trading currency from a selection that includes the UK Pound (£), US Dollar ($), Euro (€), Danish Krone (Kr), or Swiss Franc (CHF). This choice empowers traders by removing any constraints related to account denomination, allowing them to trade in the best currency with their financial preferences. BDSwiss are an award-winning broker with a generous selection of 250+ tradeable instruments.

  • BDSwiss claims to prioritize client security by providing safeguards to protect their interests.
  • All withdrawal methods are available offering processing internally within 24 hours.
  • Rates, terms, products and services on third-party websites are subject to change without notice.
  • All BDSwiss account types provide access to essential tools and resources, including Autochartist Standard Tools, Trading Central, Trading Academy & Live Webinars, and 24/5 support.

Each trading asset class offered by BDSwiss has its fees, maximum leverage available, as well as other differences. The BDSwiss minimum deposit will vary depending on the account type you choose, though for a BDSwiss Classic Account type, the minimum deposit will be just $100. Even the mobile app has issues with money withdrawing – otherwise it’s perfectly comfortable. If this issue would magically go away, this broker would be a great place to earn some money – they got everything you need.

Is BDSwiss safe or a scam

He shared knowledge and gave me the confidence to place bigger trades and help me recover my losses from 3 years ago within a month. He explains things in a way that is easy to understand and shares fantastic strategies. I had an issue with withdrawal and he was there chasing accounts on my behalf. Andreas is super helpful and I’m thankful to have him as my account manager. As a novice trader, his support, strategies and ability to teach have given me the confidence to execute big trades.Andreas is a true professional that is dedicated and committed to assisting me reach my trading goals. Helpful tools and resources and very keep Account managers, always ready to help.

I think it is good that there are frequently run expert-led webinars where you can increase your trading knowledge. Webinars cover a range of topics suitable for all levels of traders. Topics range from chart analysis to developing trading strategies and more. There are also hundreds of previously recorded webinars available completely free of charge. This means that you can browse through them in your own time without needing to commit to the live webinar which could be an issue depending on your time zone. The BDSwiss Trading Academy has a wealth of educational resources to help you increase your trading knowledge.

It means that the funds are not mixed with the broker’s account and even if the company goes bankrupt, traders can withdraw money from their own accounts. BDSwiss boasts an impressive track record bdswiss forex broker review of accolades, particularly in recent times, reflecting its growing influence in the industry. Its spectrum of tradable assets encompasses CFDs, ETFs, stocks, indices, and cryptocurrencies.

Bonus Review of BDSWISS

If you choose to open the most popular individual account, then trading here is commission-free with a spread that starts relatively high at 1.5 pips on some markets. This selection includes more than 50 forex currency pairs, which are major, minor, and exotic. You can also choose to trade in commodities, and indices CFDs as well as more than 140 major company stocks from around the world, and a total of 20 crypto assets, all traded as CFDs. First of all, MT4 is the most popular online trading platform of all time, but different brokers change them and customize them ever so slightly. There are lots of various MT4 applications lying around online, and BDS compiled a lot of them.

It’s about using resources today—like time, money, or assets—with the hope of getting back more in the future. For example, you might buy a financial asset now, expecting it to bring in income later or be sold for a profit. Leveraging these investments for future needs is the aim, not selling them for a profit right away.

Does BDSwiss charge an inactivity fee?

In addition, the apps feature the ability to view prices for multiple asset classes in real-time, access technical trading indicators, read recent news articles, receive real-time quotes, and view interactive charts. A good broker constitutes a good service for traders in terms of many criteria including trading instruments,
deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily
mean the same thing to you. You can decide for yourself if
BDSwiss is a good broker for you or not by reviewing the criteria.

How do I contact BDSwiss customer support?

The broker takes great pride in having some of the most reliable trading conditions that you can find anywhere. They give you state of the art trading platforms and have an excellent customer support team on hand to help as and when needed. Based on my research, they are one of the largest brokers in terms of registered accounts and trading volume.

BDSwiss Trading Education and Training

With these documents, you should fly through the BDSwiss verification process without any trouble, and to that end, your account will typically be open and ready to trade on the same day. They likely wouldn’t put so much effort into developing software, adding so many assets and tools if it was all just a sham. These flaws are likely issues that stipulate from incompetence and/or technical flaws. This platform has fewer tools, but that’s partly because it’s much newer than MTs and not many applications have been developed for it since the release. There are some interesting features, like the Trend Analysis tool that works somewhat like Expert Advisors, as well as many other interesting solutions. Many of these new features enhance the multi-tasking and automating capabilities.

BDSwiss touts proven strategies in its Telegram channel, accessible only to VIP and Raw account holders. BDSwiss also provides a full history of the Success Rate of its Trading Alerts service. While the most basic version of the MT4/MT5 versions are granted, there is an optional Autochartist plugin for the MT4 but any other EAs and plugins need to be downloaded independently by BDSwiss traders.