Key information
: Platform exclusive
Minimum deposit: $10
Payout: Adjustable
Demo Account: Yes
Regulation: CySEC
Signal: free trade alert
In light of EU ESMA restrictions, BDSwiss decided to focus solely on forex and CFD trading.
About BDSwiss
BDSwiss was founded in 2012 and offers forex and CFD trading. CySec is regulated by license number 199/13.
The registration number is 300153 and the address of BDSwiss Holding PLC is Apostolou Andrea Street 11, Hyper Tower, 5th Floor, 4007 Mesa Yeitonia, Limassol, Cyprus.
You can contact BDSwiss by phone number from the ‘Contact Us’ directory page.
BDSwiss is a member of the Investment Compensation Fund.
” This fund is a private company that compensates non-customers up to 20,000 euros in liquidation of the company’s capital. – BDSwiss.
The brand also offers a ‘ no sub-account. ‘ This allows traders to effectively lower their account balance below zero to provide credit. This is a useful feature for traders who want to act quickly after finding an opportunity. Terms and conditions apply and traders must use this feature responsibly.
Exchange
BDSwiss boasts a custom platform that offers FX/CFDs for free demo accounts.
How to trade on BDSwiss
- Selection of assets or markets – e.g. forex, commodities or indices
- Choose your trading volume – manage trading volume and manage risk and reward
- Set your risk management level – avoid loss or gain
- Choose the direction of the price – up or down?
BDSwiss can trade over 250 assets and operates 24 hours a day, seven days a week in markets worldwide
Chart
Trading charts on the platform use a line or candlestick format. You can also choose from 1, 5, 15, 30, 60 minute and 4 hour, daily, weekly and monthly time frames.
There are several indicators that can be inserted directly into the chart:
- Moving Average
- Index
- Bollinger Bands
- ATR
- Index
- Fib retreats.
Very advanced Forex trading platform. Many indicators, technical tools and many other settings can be used to integrate into MetaTrader 4.
Trade type
BDSwiss offers traditional spot forex trading with CFDs.
Trading software and features
Payouts
The payout depends on the performance of the underlying asset. Stop loss and take profit orders can ensure structure and limit in trading. This allows traders to monitor their risk.
Asset index
BDSwiss’ asset list includes forex, commodities and indices (and some government bonds). There are over 250 assets, including cryptocurrencies like Bitcoin, Ethereum, and Litecoin.
Customer Support
Live chat is available in English, Vietnamese and Italian and is very good. To access live chat, all you need is an email address and username. Phone and email support is also available. Phone support is available in 16 countries.
Terms of Use
Always check the terms and conditions of the company you are depositing with. We have reviewed them in BDSwiss and will highlight the following:
An inactive account fee is applied after 6 months, which is longer enough to learn and have time to be active on the platform. However, after six months of inactivity, a 10% commission will be deducted from your account, not to exceed at least 25 to 49.90 euros.
Withdrawal
BDSwiss offers very fast withdrawals as processing is usually within 24 hours, but some methods can take 2 or 3 days. They recently added different deposit options (money transfer, debit and credit card and e-wallet solution). They offer more deposit options because they want traders to be able to use locally familiar payment methods.
Free signals
BDSwiss recently launched a new customer service that offers free transaction notifications. In addition to signals, services include entry and exit points. This allows traders to better gauge not only the quality and strength of the signal, but also all the important timing factors.
Signals can lead to overtrading, but they are free, so there is little risk to try them out and see how accurate they are in the long term.