Back To Top

Trading Critique

Broker Review

BDSWISS Broker Review 2023 - A Detailed Product Guide with Regulations

BDSWISS is a well-known financial organization that provides CFD and Forex investing services internationally. Through this evaluation of Tradingcritique.com, you will have gained a lot of knowledge about BDSWISS and will know whether BDSWISS is suitable for you. 

Table 1: BDSWISS Overview

BDSWISS Highlights

Regulated By

The Financial Services Authority (FSA)

Seychelles

The Cyprus Securities and Exchange Commission(CySEC)

Cyprus

The Federal Financial Supervisory Authority (BaFin)

Germany

The Financial Securities Commission (FSC) 

Mauritius

Account Types

Classic account
 
Raw account
 
VIP account
 
Premium Account

Demo account

YES

Islamic Account

YES

Minimum deposit 

$100

Maximum Leverage

1:500

Deposit Method

Ideal

 

Dotpay

 

Skrill

 

NETELLER

 

Bank Wire

 

Maestro

 

Giropay

 

Sofort,

 

EPS

 

Visa/Mastercard

 

Maestro

 

Net Banking

Withdrawal Method

Skrill

 

NETELLER

 

Bank Wire

 

Online Banking

 

Visa

 

Mastercard

Account Base Currencies

GBP, EUR, USD

Trading Platforms

MetaTrader 4
 
MetaTrader 5
 
BDSWISS Mobile app
 
BDSWISS WebTrader

Commission

NIL

Customer Support

24/5

Market Instruments

Details

Shares

YES

Forex

YES

Commodities

YES

Indices

YES

Cryptocurrencies

YES

BDSWISS Review- An Intro

BDSWISS is a global financial institution that serves over a million clients worldwide with Forex and CFD investing services. BDSWISS was founded in 2012 and has since provided world-leading platforms, award-winning conditions, competitive pricing, and excellent execution on over 250 underlying CFD instruments.

BDSWISS currently serves an exclusive Member club with more than 1.5 million traders in addition to more than 1.5 million registered customers from more than 186 countries.

BDSWISS – Knowledge bites

BDSWISS provides traders from all over the world with the best trading circumstances. CFDs, ETFs, stocks, indices, and cryptocurrencies are other available trading instruments. Clients of BDSWISS can trade using the well-known MetaTrader 4, and MetaTrader 5, as well as the broker’s trading platform, BDSWISS WebTrader. 22 different languages are supported on the broker’s website, and 20 different languages are spoken by the support staff.

Image 1:  Home page of the BDSWISS website

STOCK ESSENTIAL

Image Copyrights reserved to BDSWISS website

Regulations & Trustability Review of BDSWISS

BDSWISS clients are registered with the offshore BDS Markets organization, which offers little in the way of legal protection. It has a registered address only in Cyprus and Seychelles. The headquarters of BDSWISS are in Cyprus, Germany, the Philippines, and Seychelles. More information can be found below.

BDSWISS has licenses from several regulatory agencies, however, it appears that the Cyprus Securities and Exchange Commission (CySEC) is the main regulator.

The Mauritius Financial Securities Commission (FSC) has authorized and regulated BDS Markets as an Investment Dealer.

BDSWISS Holding Ltd is authorized and supervised by the Federal Financial Supervisory Authority (BaFin) of Germany.

The Financial Services Authority (FSA) of Seychelles has authorized and regulated BDS Ltd.

Table 2: BDSWISS Regulation details

Regulation Country Registered Office

The Cyprus Securities and Exchange Commission (CySEC)

[199/13]

Cyprus

BDSWISS Holding Ltd

6 Ioanni Stylianou, 2nd Floor, Flat/Office 202, 2003, Nicosia, Cyprus

The Financial Services Authority (FSA)

[SD047]

Seychelles

BDSWISS Holding Ltd

Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles.

The Financial Securities Commission (FSC)

[C116016172]

Mauritius

The Federal Financial Supervisory Authority (BaFin)

[HRB 160749B]

Germany

Review of Awards of BDSWISS

BDSWISS outperforms several of its competitors in terms of industry recognition. Recent honors include:

Table 3:  BDSWISS Awards details

BDSWISS Awards Awarded by

Best Trading App 2019

Mobile Star Awards

Best Mobile Trading Platform Europe 2021

Global Banking and Finance Awards

Best Trade Execution 2019

Global Forex Awards

Best FX & CFD Provider 2020

The International Investor Awards

Best FX Education & Research Provider 2021

World Finance Awards

Investments, Products, and Instruments Review of BDSWISS

You can select from the most popular Shares, Indices, Forex, Commodities, and Cryptocurrencies at BDSWISS using CFDs and ETFs on Shares.

Financial Instruments that you can trade using BDSWISS:

Forex

Commodities

Shares

Indices

Crypto

Table 4: List of the Most traded assets on BDSWISS

Forex Commodities Shares Cryptocurrencies Indices
EURMXN
 
EURJPY
 
EURHUF
 
EURGBP
 
EURCHF
 
EURCAD
 
EURAUD
 
CHFJPY
 
CADJPY
 
CADCHF
 
AUDUSD
 
AUDNZD
 
AUDJPY
 
AUDCHF
 
AUDCAD
XPTUSD
 
XAUUSD
 
XAUEUR
 
XAGUSD
 
USOIL
 
CL_BRENT
Apple
 
Amazon
 
Boeing Company
 
Citigroup
 
Biogen inc.
 
Adobe systems
 
American express company
 
Adobe systems
ETHUSD
 
ETHGBP
 
ETHEUR
 
EOSUSD
 
DOTUSD
 
DOGEUSD
 
DASHUSD
 
BTCUSD
 
BTCGBP
 
BTCEUR
 
AXSUSD
 
ADAUSD
 
MANAUSD
US30
 
SPX500
 
NAS100
 
IND_50
 
HKG_50
 
GER_30
 
GBR_100
 
FRA_40
 
EUR_50
 
ESP_35
 
AUS_200

Trading platforms available in BDSWISS – A Review

A trading platform is a device that allows you to purchase or sell an instrument with only a few clicks whenever and wherever you choose. As a result, BDSWISS provides you with the following trading platforms:

Trading platforms that can be used for trading in BDSWISS:

Meta Trader 4

MetaTrader 5

BDSWISS Mobile app

BDSWISS WebTrader

Meta Trader 4

Image 2: MT4 platform of the BDSWISS website

2.-MT4-platform-of-BDSWISS-tradingcritique

Image Copyrights reserved to BDSWISS website

MetaTrader 5

Image 3: MT5 platform of the BDSWISS website

3.-MT5-platform-of-BDSWISS-Tradingcritique

Image Copyrights reserved to BDSWISS website

BDSwiss Mobile app

Image 4: BDSWISS Mobile app

4.-BDSWISS-Mobile-app-tradingcritique

Image Copyrights reserved to BDSWISS website

BDSwiss WebTrader

Image 5: BDSWISS WebTrader

5.-BDSWISS-web-trader-tradingcriique

Image Copyrights reserved to BDSWISS website

Review of Types of Accounts available in BDSWISS

The Classic, Raw, VIP, and Premium accounts are the 4 primary types of Forex and CFD accounts that BDSWISS currently offers. Premium account is available for specific countries only. For all accounts at BDSWISS, base currencies are available in EUR, USD, and GBP.

The BDSWISS Account types are:

Classic Account

Raw account

VIP account

Premium Account

StockPlus Account Review of BDSWISS

BDSWISS provides the StockPlus Account for stock-focused clients. This is only accessible to customers of the BDS Markets organization that is under FSC regulation. With a leverage ratio of up to 1:5, the StockPlus Account provides access to more than 1000 stocks and ETFs, 0% costs for non-leveraged trades, and more.

Corporate account Review of BDSWISS

Corporate accounts are created specifically to meet the needs of legitimate or registered corporations looking to benefit from BDSWISS lauded trading conditions. Corporations can trade a range of trading instruments, access efficient liquidity, and benefit from dedicated support seven days a week with the BDSWISS Corporate Account.

Demo Account Review of BDSWISS

A demo account with adjustable virtual balances of up to 1,000,000€/$/£ is available from BDSWISS free of charge. Demo accounts are available across many account types and are available for both MetaTrader 4 and MetaTrader 5. After 30 days, the BDSWISS demo account expires.

Fees & Commissions Review of BDSWISS

Deposit & Withdrawal Methods Review of BDSWISS

iDEAL, Dotpay, Skrill, NETELLER, Bank Wire, Maestro, Giropay, Sofort, EPS, Visa/Mastercard, Maestro, Skrill, and Online Banking are the available methods for funding accounts. Skrill, NETELLER, Bank Wire, Online Banking, Visa, and Mastercard are the withdrawal methods. There are no fees for any deposits or withdrawals for BDSWISS customers. BDSWISS will apply a flat fee of 10 EUR for bank wire withdrawals that are equal to or less than 100 EUR.

Depending on the account type you select at BDSWISS, a different minimum deposit may apply. While the minimum initial deposit for the broker’s Classic account is $100, the minimum initial deposit for its VIP account is $3,000, and its raw account is $5,000. The minimum withdrawal for BDSWISS is $100.

Leverage available on BDSWISS – A Review

At BDSWISS, the maximum leverage is 1:500. This means that you can hold positions in the market worth $500,000 with a $1,000 account balance. At the offshore BDS Markets Company, the following leverage is accessible by asset:

Table 5: Assets & Leverage ratio on BDSWISS

BDSWISS Assets Leverage ratio

Equities

1:5

Commodities

1:100

Indices

1:100

Gold

1:200

Forex

1:500

Trading Tools Review of BDSWISS

BDSWISS offers a wide range of trading tools. BDSWISS has everything an investor needs to trade with confidence and market expertise.

Trading Tools available in BDSWISS:

Trading Calculators

Currency Heatmap

Trading Alerts

Autochartist

Trading Central

Trends Analysis

Trade Companion

VPS Service

Economic Calendar

LIVE Webinars

Bonus Review of BDSWISS

By introducing BDSWISS to your friends and family, you can earn up to $3,000 for each referral. Additionally, you can begin your trading career with a free 30% trading bonus on your initial deposit on BDSWISS Premium Account, up to a maximum of 2,500 dollars, pounds, or euros. When you fulfill the trading requirements, your bonus will become completely withdrawable money. You can receive an additional margin boost on your initial deposit amount and this limited-time promotion can only be redeemed within the first 30 days after the day of your registration.

Image 6: Promotion section of the BDSWISS website

6.Promotion-section-of-BD-SWISS-tradingcritique

Image Copyrights reserved to BDSWISS website

Education and Research Review of BDSWISS

Through their Trading academy, BDSWISS offers comprehensive educational resources, including live webinars, courses, ebooks, and instructive videos. Clients with VIP accounts can access personal coaching. There have been trading seminars and workshops organized all around the world. You may also get access to important information such as market alerts, trade information, and analysis. BDSWISS provides excellent market research and charting tools, as well as unique materials to support traders and help you become a better trader.

Image 7: BDSWISS Trading academy

BD-SWISS-Trading-Academy-tradingcritique

Image Copyrights reserved to BDSWISS website

Advantages & Disadvantages of BDSWISS

BDSWISS has both advantages and disadvantages which are listed in Table 6.

Table 6 : Pros and Cons of the BDSWISS website

Pros of BDSWISS Cons of BDSWISS
Excellent educational resources and regular market webinars.
 
In-house staffs produce the Daily Videos market coverage series.
 
VIP customers have access to 500 trend patterns in the Trend Analysis Premium version.

 Both trade bonuses and investment programs are lacking.h

 For inactive accounts, the broker applies a fee.

 Weekend customer support is not offered.

 EU, UK, and US residents are not permitted to use it.

Customer Support Review of BDSWISS

You can use email, Phone, WhatsApp, Telegram, or Live Chat to contact customer service in your preferred language. There is also a callback option. The most common queries are addressed in a FAQ section. The Customer support service is accessible 24/5, excluding weekends.

Table 7 : Customer support service details of BDSWISS

Image 8: Customer support section on the BDSWISS website

Multilingual-customer-support-team-and-their-phone-numbers-tradingcritique

Image Copyrights reserved to BDSWISS website

Frequently Asked Questions – BDSWISS

1. What is BDSWISS?

BDSWISS is a global brokerage company that was founded in 2012 and offers forex trading services. It quickly gained market share and is currently regarded as a leader.

2. What is the minimum deposit amount needed to trade with BDSWISS?

A $100 deposit is necessary to start a BDSWISS Account.

3. Does BDSWISS serve customers who are Muslims?

Yes, on a few different tiers of trading accounts, BDSWISS provides Islamic swap-free trading.

4. Which currency is used by BDSWISS?

The only account currencies available to traders at BDSWISS are USD, GBP, and EUR.

5. Is BDSWISS legit or a scam?

No, BDSWISS is not a scam; instead, it is a broker with many years of experience and a solid track record.

In a Nutshell

Trading Critique’s unique strategy enables traders to find and maintain multiple trade plans in just a matter of minutes. We help traders enhance their profit and maximise their earnings through effective trading tactics with our broker reviews.

Tc_comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
How to Trade Forex | Learn 6 Strategies and Tips
Forex
TradingCritique_57

How to Trade Forex | Learn 6 Strategies and Tips

Discover the world of forex trading with our comprehensive guide. Learn essential strategies and risk management, tips, and gain expert insights to start your forex journey confidently. From beginners to experienced traders, find how to trade forex profitably and make informed trading decisions.

Read More »
FP Markets Review 2024: Everything You Need to Know
Broker Review
TradingCritique_57

FP Markets Review 2024: Everything You Need To Know

Founded in 2005, FP Markets is a leading online broker renowned for its exceptional trading conditions and commitment to client satisfaction. This comprehensive guide will help you learn about FP market regulation, account types, financial instruments, trading platforms, etc.

Read More »
How to Invest in Ethereum in 2024 - Simple Guide for Beginners
crypto
TradingCritique_57

How to Invest in Ethereum in 2024 – Simple Guide for Beginners

Ethereum is a decentralized blockchain platform that enables smart contracts, enabling secure, and peer-to-peer transactions without a central authority. It supports decentralized applications and is part of the DeFi movement, with Ethereum 2.0 aiming for improved scalability, security, and sustainability.

Read More »
Bonds: What it is, Types of Bonds & How they Work
investment
TradingCritique_57

Bonds: What it is, Types of Bonds & How they Work (2024 guide)

Are you seeking for safe investment with predictable returns? Our 2024 guide unlocks the world of bond investment, helping you navigate this secure investment option. Learn what bonds are, explore different types, and discover how they work to generate predictable income.

Read More »
Table of Contents