BDSWISS Overview
Website: www.bdswiss.com
Telephone: +49 (0)691 75 36 48 10
Regulation: CySEC, FSCM
Pairs offered: Over 100+ FX pairs
Minimum Deposit: $200
Spreads From: 1 PIPs
Max Leverage: 1000:1
Markets: Forex, Indices, Commodities, Treasuries & Bonds, CFDs

BDSWISS Broker Review

Overview/ Background

 

BDSwiss Holding PLC is a popular European online trading company. It is fully registered by CySEC (199/13) with its HQ in Germany. This European-based financial institution specializes in CFD trading, Forex trading and binary options. It features a fully comprehensive strategy centre that was created by experts in the financial industry. Customers will have all the available resources they need to make educated trading decisions. The company focuses on providing user-friendly trading options to investors across the spectrum. A strong focus on client feedback forms the mainstay of BDSwiss’ relationship with its traders. As one of the most innovative CFD, Forex and binary options trading platforms, traders can expect cutting-edge solutions to the complex world of online trading. BDSwiss is compliant with the highest industry standards and is fully compatible with Android smartphones and tablets, and iOS devices.

 

Account Types

You can register for an account in under 3 minutes at BDSwiss. The process requires basic information, and account verification by email. Unfortunately for traders, there is only 1 account type, but it suffices for high level traders and casual traders. The minimum deposit to set up this account is $100, which is remarkably low considering that many brokerages require at least $250 with a first deposit. The good news is that you can also access the demo trading account for CFD, Forex and binary option trading at BDSwiss.

 

Trading Platform/ software

BDSwiss uses the SpotOption-powered trading platform. It has consistently outperformed expectations, and is a favourite among binary option traders. The Pro Trader option is particularly useful in that it offers many trading tools such as charts and indicators. The trading platforms and software are available for Mac, Android and Windows clients. The following trading platforms are available: MT4 for web traders, MT4 for Windows, MT4 for Mac, MT4 for iOS, and MT4 for Android. There is also Binary for Android, iOS and Web Traders. Various trading options are available in the form of One Touch options, Pairs, 30 seconds, 60 seconds, Ladders and Long-Term Options.

 

Deposit options

There are multiple deposit options available including: GiroPay, EPS, Sofort, Neteller, Skrill, iDeal, MasterCard, Bank Wire Transfer, Visa and others. BDSwiss covers all traders on non-invested capital up to €20,000 as part of the Investor Compensation Fund. This brokerage is 100% regulated by the Cyprus Securities and Exchange Commission and is compliant with all applicable local and European requirements. It has permission to passport its services by the MiFID (Markets in Financial Instruments Directive). All deposits, withdrawals and transactions between the broker and the client are guaranteed safe and secure with SSL technology and strict encryption protocol.

 

Markets

Traders can enjoy major, minor and exotic currency pairs, a wide range of commodities, Treasuries and indices. With Forex and CFD trading, leverage of 1:500 is possible and there are 50+ indicators and trading tools available. Spreads are as low as 1.0 on the EUR/USD pair.

Examples of markets include the following:

Forex (currency pairs) – GBP/USD, AUD/USD, USD/CAD, EUR/USD, EUR/GBP, NZD/USD, EUR/CHF, USD/JPY and others.

Commodities – Coffee, copper, sugar, USOIL, XAUUSD, XAGUSD, and XAGEUR.

Treasuries – UK Gilts, UK Short Sterling, Euro Schatz, Euro Bund and others

Indices – Spain 35, Dow Jones Industrial Average, France 40, Germany 30, S&P 500 index, Switzerland 20, Italy 40, Hong Kong 50 and others

 

Bonuses

Clients are advised to contact customer support for information on bonuses.

 

Customer Support

You can get in touch with BDSwiss by completing the online contact form. Simply enter your name, email, telephone number, question and message and click to send. There is also telephone support available in multiple countries across Europe including Germany, Switzerland, the UK, Poland, Italy, Sweden, and Norway. Support is also available in South Korea and Australia. If you need to email customer support representatives, you can do so at the following email address: [email protected] or [email protected]. Marketing queries can be directed at [email protected]. The head office is located in Limassol, Cyprus, and the postal addresses in Frankfurt, Germany. A fax number is also available to clients. Customer support is available in multiple languages including German, Italian, Spanish, Korean, French, Norwegian, Polish and Danish.

 

Safety

The safety aspect of this trading platform is found in its regulation. It is fully licensed and regulated by the Cyprus Securities and Exchange Commission. It holds the following licence #199/13. All client funds are kept in a segregated account to ensure that any bankruptcy filings will not affect client funds. All payments processing options are guaranteed secure with SSL technology, and only invested funds are guaranteed up to €20,000.

 

Ease of Use

Navigation at BDSwiss is relatively straightforward. The trading platform is clutter free and presents all the available options – binary, forex, analysis, education and customer support in an easy to understand fashion. The trading platforms are easy to register for and 1-click functionality is available with returns up to 85%. The range of tradable assets are easy to find and you can simply click on the asset list for CFD and forex trading for all the available options.

 

Final Thoughts

BDSwiss is clearly one of the finer European binary options brokers and CFD/forex brokerages. It offers a wide range of tradable assets spanning currency pairs, commodities, indices and Treasuries. You can trade these assets in a CFD format. Since it is regulated by the Cyprus Securities and Exchange Commission, and is 100% web-based, there is plenty to be excited about with this brokerage.

Pros
  1. Reputable company with full CySEC licensing and regulation
  2. Wide range of currencies, commodities, indices and Treasuries
Cons
  • No information on bonuses or spreads available
  • Cannot access the demo trading account before you register a real money account
BDSWISS Overview
Website: www.bdswiss.com
Telephone: +49 (0)691 75 36 48 10
Regulation: CySEC, FSCM
Pairs offered: Over 100+ FX pairs
Minimum Deposit: $200
Spreads From: 1 PIPs
Max Leverage: 1000:1
Markets: Forex, Indices, Commodities, Treasuries & Bonds, CFDs
Pros
  1. Reputable company with full CySEC licensing and regulation
  2. Wide range of currencies, commodities, indices and Treasuries
Cons
  • No information on bonuses or spreads available
  • Cannot access the demo trading account before you register a real money account