John Doe
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Contents
Gives new traders the opportunity to put their skills to the test on free Demo accounts with adjustable virtual balances of up to 1,000,000€/$/£. BDSwiss clients can open any type of account offered by BDSwiss including Classic, Raw, VIP, Premium and Cent as a Demo Account and test the tools, conditions and spreads offered, which is definitely a big plus. Our research team conducts thorough testing on a wide range of features, products, services, and tools . We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.
I was initially introduced to BDswiss to get a free signal service. I didn’t use the specific link provided by the signal service to sign up for an account and BDswiss said they can’t change my account once I created it. This defeated the purpose of having the account so I requested my money to be refunded.
Educational resources covering useful information on how to operate in markets, develop own trading strategy with accredited courses and webinars, we found it quite hahndy and very well organized making them suitable for beginners. The available versions of both MetaTrader4 and MetaTrader5 suited to various devices and including PC, Mac, Applications or Web platform that requires no installations. Yet you can download the desktop version for those platforms and use its full capability, which is more required by active or professional traders. BDSwiss provides access to trade a great range of 1000+ underlying assets, while you may choose from Indices, Forex, Commodities and Cryptocurrencies based on CFDs, or Options Trading. However, range of instruments depends on the account type or BDSwiss entity you use.
BDSwiss multilingual support is available with service the trader requires daily which is also on a very sustainable and professional level. Even though you can Live Chat, Phone or Email them within working hours 24/5 we still remain happy with its quality level. The software solution offered by the BDSwiss mainstays at the popular choice of MetaTrader4 platform, which provides a comprehensive trading feature and vast of solutions.
BDSwiss minimum deposit is 100$ for Classic account, which is an attractive opportunity to many traders for a Classic account. Also, BDSwiss does not charge any fees on credit card/electronic wallet deposits as well. BDSwiss Classic and VIP account fees are all included in the spread spreads and commissions charged when conducting trade and vary according to the account type you select. If you are a trader of bigger size and prefer commission basis then Raw Account is your choice. The Raw account offers an interbank spread averaging 0.3 for EURUSD and commission paid per transaction opening which is 5$. There is a very high degree of risk involved in trading securities.
These, may sometimes delay the withdrawal process especially when customer documentation is not in line with what’s required. Usually, withdrawals are processed by our Team with 24hours. An overall BDSwiss review concludes us a company that managed to increase client portfolio to over a million customers.
Some of the other important research categories that are factored into our testing include mobile trading accessibility and capability, availability of market research and educational content, https://broker-review.org/ and each broker’s overall Trust Score. BDSwiss is considered average-risk, with an overall Trust Score of 83 out of 99. BDSwiss is not publicly traded and does not operate a bank.
As the broker mentions it always aims to give withdrawal service within 24 hours, yet this is applicable towards working business days, as on weekends or holidays it may take longer to proceed. As well, always give additional days for your payment to proceed with the transaction once it is already confirmed and done by BDSwiss, while we got withdrawal pretty quickly. Based on our review and Expert Opinion in Forex Trading, BDSwiss is a trustable broker with good reputation for years of its operation and quality trading conditions, also with a good technical trading offering.
If you have any concerns about the call you received, you can contact us at and share with us some more information and our Team will happily investigate this for you. In addition, the company runs an active blog and community of traders, which allows sharing the experience to get better knowledge about the markets and trading itself. Of course, BDSwiss developed its Mobile App as well, which actually is highly rewarded by traders and publications. All the most important features are available there, so being on the go you still may perform analysis, check on the open positions, manage them and access your account management, which deserves good regard from us too.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. BDSwiss offers Islamic swap-free trading on selected trading account levels. BDSwiss offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries. We really appreciate it and we hope you continue to enjoy using our services.
ForexBrokers.com also recognized brokers that demonstrated excellence and innovation with our exclusive Industry Awards. To see the complete list of Industry Award winners , check out our ForexBrokers.com Annual Awards page. In May of 2021, the FCA cited BDSwiss for prohibited marketing practices originating from certain of its affiliates and social media influencers, and required that the broker halt doing business in the U.K. Residents until a number of outstanding items are rectified by the broker, as per the FCA announcement. That being said, BDSwiss holds multiple regulatory licenses throughout the EU, including from Cyprus where it is authorized by the Cyprus Securities and Exchange Commission . It is also regulated as a Tied Agent under its German entity, and is passported across the EU .
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. A BDSwiss First Deposit Bonus is made available on the BDSwiss Premium Account. A minimum deposit of $100USD must be made for the 30% Deposit to be received.
Both MT4 and MT5 trading platforms are broadly available and accessible to all BDSwiss clients. Specific key differences are noted between the platforms and the trader may need to consider them when choosing their desktop platform. Overall, BDSwiss can be summarised as a safe broker that provides competitive spreads and a low no-activity fee.
This tool was designed to provide traders with the insights they need to monitor, analyse, and improve their personal performance. For over 10 years since its establishment, BDSwiss has been working on diversification and… MT5 being a newer version also gained great popularity and features even more developed tools and comprehensive analysis options, loved either by beginners or professionals. Moreover, there are plenty of strategies to choose from, that are useful for every trader, novice or experienced either with manual trading or automated trading through EAs.
The attention they provide to the client is attentive and fast, I am very satisfied. Thanks to dafina one of their customer support agent who resolved my queries. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. BDSwiss Group is regulated in three countries, holds the following regulatory licenses.
People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Thank you for taking the time to rate and share your BDSwiss experience so far Olusola John. Thank you for taking the time to rate and share your experience with our Team Abir. BDSWISS will give you high BP during withdrawals and they’ve given me already. My $22,000 have been held for the past 3 days now even though I have submitted all the required documents.
So BDSwiss might be a good match to various size traders, yet would be good to check all trading conditions and regulations and define if it is suitable for you, since for now BDSwiss operates only via International entities. Here you can also read our article about Islamic forex brokers. BDSwiss offers great research tools and supports traders with unique materials making you a better trader. Besides to general and popular tools alike Economic Calendars, quality market Analysis provided by BDSwiss Analyst team, there is also access to Authochartist and Trading Alerts available to all clients.
We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research and detailed forex guides, and we monitor dozens of international regulator agencies . Withdrawal delays could be caused from several factors. Our withdrawal procedure is dictated by various anti money laundering laws and regulations to ensure client-funds safety.
Please come back often as broker services are very dynamic and can improve or deteriorate rapidly. 18.2.7 Withdrawals should be made using the same method used by the Client to fund his trading account and to the same remitter. Almost instantly you will be able to start trading through BDSwiss platforms. However, as we always recommend check on the regulation carefully and never sign in with only offshore registered brokers . So we found and Review BDSwiss is not UK Regulated. VIP clients gain access to the Premium version of Trend Analysis, with 500 trend patterns.