important information
Platform: Proprietary
Minimum deposit: 10 $
Pay: Variable
Demo Account: Yes
Regulation: CySec
Signal: Free Trading Alert
In light of the ESMA restrictions in the European Union, BDSWise has decided to focus solely on Forex and CFD trading.
About BDSwiss
BDSwiss was established in 2012 and provides Forex and CFD trading. They are regulated by CySec under the following license number: 199/13.
Their registration number is: 300153 and their address for BDSwiss Holding PLC is: Apostolou Andrea Street 11, Hyper Tower, 5th Floor, 4007 Mesa Yeitonia, Limassol, Cyprus.
You can reach BDSwiss by phone on a range of numbers available on their ‘Contact Us’ page
BDSwiss is a member of the Investor Compensation Fund:
“ The fund is a private legal entity, which will compensate the client’s non-invested capital up to €20,000 in the event of the company’s liquidation. “- BDSwiss।
The brand also offers a ‘Sub-Zero Account ‘. This allows traders to drop their account balance below zero – effectively a loan This can prove to be a useful feature for traders who want to act quickly after spotting an opportunity. Terms and conditions apply, and traders need to use the facility responsibly.
trading platform
BDSwiss boasts a bespoke platform that delivers FX / CFDs, where a free demo account is also available.
How to trade on BDSwiss
- Select an asset or market – for example choose from forex, commodities or indices
- Select Volume – trade size, tailor it to manage risk and reward
- Set any risk management level – Stop Loss or Take Profit
- Select the direction of the price – will the price rise or fall?
BDSwiss offers 250+ assets to trade, and with markets operating worldwide, the platform is available 24/7
Charts
Trading charts on the platform use the line or candlestick format. You can also choose between the following time frames: 1, 5, 15, 30, 60 minutes and 4 hours, Daily, Weekly and Monthly.
Several indicators that can be inserted directly into your charts are:
- Its going on
- RSI
- Bollinger Bands
- ATR
- macd
- Fibonacci Retracement.
The platform is very advanced for forex trading. You can integrate MetaTrader 4 with loads of indicators, technical tools and many other settings.
type of business
BDSwiss offers CFDs and traditional spot forex trading.
Trading software and features
BDSwiss Payout
Payouts will vary depending on the performance of the underlying asset. The use of stop loss and take profit orders can ensure certain structure and limits when trading. This allows traders to monitor their risk.
asset index
BDSwiss’s asset list includes forex, commodities and indices (as well as some treasuries). There are over 250 assets including cryptocurrencies such as bitcoin, ethereum and litecoin.
customer support
Live chat is available in English, German and Italian which is great. You need an email address and a username to access live chat. < span class=”notranslate”> Telephone and email support is also available – telephone support is delivered locally to 16 different countries.
terms and conditions
Always check the terms and conditions of the firm you choose to deposit with. We at BDSwiss have reviewed those and would highlight the following:
An inactive account fee is applied after 6 months which is more than enough time to learn and be active on the platform. If you remain inactive after 6 months 10% fee will be deducted from your account from a minimum of 25 Euro but not more than 49.90 Euro.
withdrawal
BDSwiss offers very quick withdrawals, with processing usually taking place within 24 hours – although some methods can take 2 or 3 days. wire transfers, debit and credit card and e-wallet solutions). They want merchants to be able to use local, familiar payment methods, Therefore provide a good spread of deposit options.
free signal
BDSwiss recently opened a new service for clients – offering free trading alerts. In addition to the signals themselves, the service also includes entry and exit points.< /span> This allows traders to better judge the quality and strength of signals – as well as the all-important element of timing.
Signals can lead to overtrading, but as these are offered free of charge, they are a low risk way to try them out and see how accurate they are long term.