What is BDSwiss?
BDSwiss is a regulated online broker offering trading in Forex, CFDs, and binary options. The company was founded in 2012 and is headquartered in Zurich, Switzerland. BDSwiss has over 1 million clients from more than 170 countries.
The company offers two trading platforms: MetaTrader 4 and WebTrader. Both platforms are available for desktop and mobile devices. BDSwiss also offers a free demo account with virtual money to practice trading before opening a live account.
BDSwiss is regulated by the Swiss Financial Market Supervisory Authority (FINMA) and all client funds are segregated and held in tier-1 banks. The company is also a member of the Investor Compensation Fund (ICF), which protects investors up to €20,000 in case of broker insolvency.
Pros:
– Regulated by FINMA
– Client funds are segregated and held in tier-1 banks
– Member of ICF
– Two trading platforms: MetaTrader 4 and WebTrader
– Free demo account available
BDSwiss Regulations
BDSwiss is a regulated broker, meaning it adheres to strict financial standards imposed by its regulator, the Cyprus Securities and Exchange Commission (CySEC). This includes maintaining a minimum capital requirement of €730,000, providing negative balance protection to clients, and complying with the MiFID II financial directives. BDSwiss also holds a license from the Financial Conduct Authority (FCA) in the UK.
BDSwiss offers two main trading platforms: the web-based MetaTrader 4 (MT4) platform and the proprietary BDSwiss Webtrader platform. MT4 is one of the most popular forex trading platforms in the world and is available for desktop, web, and mobile devices. The BDSwiss Webtrader platform is designed for experienced traders who want advanced charting and analysis tools. Both platforms offer a wide range of order types and execution modes.
BDSwiss offers competitive spreads on major forex pairs starting at just 1 pip. There are no commissions or hidden fees. However, there is a small overnight fee if you hold a position open past 5pm GMT. BDSwiss also charges a $30 withdrawal fee.
Pros:
– Regulated by CySEC and FCA
– Negative balance protection
– Two popular trading platforms
– Competitive spreads
BDSwiss Platforms
BDSwiss offers two different trading platforms: the MetaTrader 4 (MT4) and the BDSwiss WebTrader.
The MT4 is a popular third-party trading platform that is available on most forex brokers’ websites. It is user-friendly and offers a wide range of features, such as advanced charting tools, a large variety of indicators, and extensive back-testing capabilities.
The BDSwiss WebTrader is a proprietary platform developed by BDSwiss. It is web-based, so there is no need to download or install any software. It is designed to be user-friendly and provides all the features that traders need to place trades successfully.
Pros and Cons of BDSwiss
When it comes to online trading, one of the first things you need to consider is regulation. BDSwiss is a regulated broker, which means that it is compliant with all the necessary rules and regulations set by financial authorities. This ensures that your money is safe and secure, and that you will be able to trade with confidence.
Another advantage of BDSwiss is that it offers two different platforms for trading – the MetaTrader 4 and the Webtrader. Both platforms are user-friendly and offer a range of features and tools that can help you make successful trades.
MetaTrader 4 is a particularly popular choice among experienced traders, as it offers advanced charting and analysis tools. Webtrader, on the other hand, is ideal for those who are new to online trading, as it is more straightforward and easier to use.
BDSwiss also has a number of other useful features, such as mobile trading apps, 24/7 customer support, and a free demo account. However, there are some disadvantages to using this broker too.
For example, BDSwiss does not accept clients from the USA or Canada. Additionally, its minimum deposit requirement is $500, which may be too high for some traders. Overall though, BDSwiss is a reliable and reputable broker that offers a great service.
BDSwiss Trader Ratings
BDSwiss has been in operation since 2011 and is headquartered in Zurich, Switzerland. The company offers trading in forex, CFDs, and binary options. BDSwiss is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Swiss Financial Market Supervisory Authority (FINMA).
The BDSwiss website is available in English, German, Italian, French, Spanish, Portuguese, Arabic, Russian, and Chinese.
BDSwiss offers two types of trading platforms: the proprietary BDSwiss WebTrader and the popular MetaTrader 4 (MT4). Both platforms are available for desktop and mobile devices.
Pros:
– Regulated by CySEC and FINMA
– Offers forex, CFDs, and binary options trading
– Two types of trading platforms offered: BDSwiss WebTrader and MT4
– Available in multiple languages
– Mobile trading platform available
Cons:
– Does not accept U.S. clients
Conclusion
BDSwiss is a popular online trading platform that offers a wide range of assets to trade, including forex, stocks, commodities, and more. The company is regulated by CySEC and has been in operation since 2012. BDSwiss offers two different types of trading platforms – the MetaTrader4 (MT4) platform and the BDSwiss WebTrader platform. Both platforms are user-friendly and offer a variety of features to help you trade successfully. Pros: Regulated by CySEC, user-friendly trading platforms, wide range of assets to trade. Cons: Does not accept US clients.