Nowadays, finding a reputable online broker is challenging due to the vast and well-organized assortment available on the internet. BDSwiss is one of the most well-known financial product suppliers in the worldwide broker sector.
As a result, we ask ourselves, “Is BDSwiss a good broker or not?” – You will discover the truth on this website. We thoroughly examined the provider and offered my test results in the following parts based on our more than 9 years of experience in the financial markets—everything you need to know about prices, terms, and more.
What is BDSwiss?
Table of Contents
BDSwiss is an international Forex and CFD broker with a strong European clientele. The company was created in 2012 and has been on the market for almost 7 years. Customers can trade contracts for differences on any asset they want (currencies, stocks, and more). Traders can make tiny bets on increasing and falling interest rates for a nominal charge.
Because he is also renowned for eye-catching television advertising, this broker has already attracted over 1 million investors. So because the group of enterprises is controlled from Zug, Switzerland, the name alone instills confidence. The broker’s headquarters are in Cyprus. There are also several in Germany (Berlin) and other countries.
BDSwiss’ customer service, based on our tests and experiences, is fantastic. Only a few other brokers can provide a trader with such a service. Every day, webinars are held, and each customer receives a thorough market analysis. Trading signals might also benefit a broker who previously had a high hit rate.
The following are some quick facts regarding BDSwiss:
- The CySEC regulates BDSwiss Holding PLC (E.U.)
- The FSC regulates BDS Markets (Mauritius)
- International traders require competent customer service.
- The company was founded in 2012 and is based in Zug, Switzerland.
- Advertisements on television and in magazines have made him well-known.
An examination of the bdswiss market platform
BDSwiss has built its own trading platform that may be accessed through the internet or smartphone. Versions 4 and 5 of the well-known Metatrader are also available (desktop version and app). Independent analyses are simple to do thanks to the straightforward platform, and you can keep a watch on your portfolio at all times with the app.
BDSwiss Regulation
In online trading, regulation by an official financial authority is critical. The license establishes a private relationship with the client. To receive such a license, the broker must meet specific standards and criteria. Violations of the rules, or even fraud, would result in the license being revoked permanently.
The BDSwiss group owns a number of licenses, which gives them a significant edge. The FSC regulates the National Futures Association NFA and the BDS Markets. The trader can choose whatever license he wishes to use to deal under. There’s a chance that there’ll be a riot.
- NFA is in charge of BDSwiss (USA)
- FSC (EU) CySEC (Mauritius)
- European traders have a lot of leverage.
From 1.8.2018, the European Financial Services Authority (ESMA) prohibited private traders from using large leverage. This creates major issues for the trade community.
BDSwiss has cleverly handled this difficulty by allowing customers to trade outside of Europe under a license. This ensures a high leverage ratio of 1: 500.
CFDs and Forex Trading are popular among private traders because they allow them to access the global financial system with a small amount of money. It is also possible to construct routes that are not just rising but also dropping. You can apply maximum leverage of 1:500. It is feasible to transfer larger quantities on the market even with a modest amount of funds.
Only a $100/€ deposit is required. In comparison to other competitors, this is low and acceptable. Positions can now be filled with very little money (0.01 lot). In general, the broker has a deal for each account size.
Trading Offers
BDSwiss offers over 1,000 different assets/markets to trade. Commodities, currencies, equities, cryptocurrencies, and other financial instruments are all available. On favorable terms, shares can be traded on the German Stock Exchange, the American Stock Exchange, and many other stock exchanges.
Traders have the option of using BDSwiss’s proprietary trading platform or the MetaTrader 4/5 program. A smartphone app is also available. With BDSwiss expert trading and analysis, you may certainly accomplish so.
Variable spreads are, in reality, available. A higher spread may exist depending on liquidity. This is how the stock market works. On the other hand, Spreads in forex are typically 0.3 pips and less than 1 point in stock indexes. You can activate the VIP profile or use the RAW Spread account to get better spreads (personal offers are possible for each client).
Important information regarding trading costs: Trading fees vary by account type and asset. BDSwiss can offer you better trading conditions if you deposit more or trade more frequently. There are four fundamental sorts of accounts.
- A classic account with no commission and spreads starting at 1.5 pips ($ 100 deposit)
- With a $3,000 investment, you can have a VIP account with spreads as low as 1.1 pips and no commission.
- A RAW account with spreads starting at 0.0 pips and a commission of $ 5 per 1 lot traded ($5,000 minimum deposit)
- InvestPLUS account with DMA execution and 0.1 percent commission ($ 5,000 deposit)
What’s Different with BDSwiss?
BDSwiss is a better-than-average provider of CFDs, FX, stocks, and more, according to our experience and tests. For traders, the offer and terms are quite manageable and inexpensive. There were no hidden fees or traps that we could find.
Traders will benefit from the following favorable trading conditions:
- The demo account is available for free.
- Only a $100 deposit is required.
- Leverage ranges from 1:30 to 1:500.
- Offers tailored to high-volume traders
- Spreads are small.
- There are four different account kinds.
- Execution of orders is quite quick.
- Trading cryptocurrency on the short side with a lot of leverage
- MetaTrader 4/5, Webtrader, and a mobile app are all available.
Analysis and graphing
When it comes to market technical research, charting is one of the most crucial tools. MetaTrader 4/5 is one of the most adaptable trading platforms available. Many brokers make this software available to their clients. Choose from a variety of chart types (candles, bars, and lines), as well as any period. BDSwiss also draws its market statistics from well-known sources.
TradingView provides the charts in Webtrader. It is one of the world’s largest market data sources. TradingView’s charts are identical to those in MetaTrader 4/5. The advantage is that TradingView offers a greater number of tools.
Conclusion
We’ve evaluated a lot of brokers in the past. BDSwiss is one of the most well-known trading firms nowadays. For traders, the broker provides a fully comprehensive directory.
The company, which has been on the market for a long time and has demonstrated its worth since 2012, creates a strong impact on me. The organization excels in the area of client trust because of its several licenses.
The service provided by BDSwiss stands out. A trader has access to webinars, coaching, market research, and trading signals. You can get VIP treatment if you have a black account.
