About BDSwiss
BDSwiss was established in 2012 and offers Forex and CFD trading. It is 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 the various numbers found on the ‘contact us’ page
BDSwiss is a member of the investor compensation fund:
” This fund is a private legal entity, which will compensate the client’s uninvested capital up to € 20,000 in the event of company liquidation. “- BDSwiss.
The brand also offers ‘ sub-zero accounts ‘. This allows merchants to leave their account balance below zero – effectively offering credit. This may prove a useful feature for traders who want to act quickly after spotting an opportunity. Terms and conditions apply, and merchants should use this feature responsibly.
Trading Platform
BDSwiss has a bespoke platform that provides FX / CFDs, where a free demo account is also available.
How To Place A Trade On BDSwiss
- Choose an asset or market – Choose from Forex, commodities or indices for example
- Select volume – Trade size, adjust it to manage risk and reward
- Set any level of risk management – stop loss or take profit
- Choose price direction – Is the price going up or down?
BDSwiss offers 250+ assets to trade, and with markets operating worldwide, the platform is available 24/7
Chart
Trading charts on the platform use 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.
Some indicators that can be inserted directly into your chart are:
- Moving Average
- RSI
- Bollinger Bands
- ATR
- MACD
- Fibonacci Retracements.
The platform for Forex trading is very advanced. You can integrate into MetaTrader 4 with many indicators, technical tools and many more settings.
Trade Type
BDSwiss offers CFDs and traditional forex trading.
Software and Trading Features
Payments will vary according to the performance of the underlying asset. The use of stop stops and take profit orders can ensure some structure and limits when trading. This allows traders to monitor their risk.
Asset Index
The list of assets on BDSwiss covers forex, commodities and indices (as well as some treasuries). There are over 250 assets including cryptocurrencies such as Bitcoin, Ethereum and Litecoin.
User support
Live chat is available in excellent English, Malaysian and Italian. All you need to access live chat is an email address and username. Phone and email support is also available – phone support is delivered locally in 16 different countries.
terms
Always check the terms and conditions of the firm you want to book with. We have reviewed them at BDSwiss and will list the following:
An inactive account fee is charged after 6 months which is more than enough time to learn and have time to be active on the platform. If you remain inactive after 6 months, a 10% fee will be deducted from your account from a minimum of 25 Euros but NOT more than 49.90 Euros.
Production
BDSwiss offers very fast withdrawals, with processing usually occurring within 24 hours – although some methods may take 2 or 3 days. They recently added to their deposit options (wire transfers, debit and credit cards and e-wallet solutions). They want merchants to be able to use familiar local payment methods, so offer a good spread of deposit options.
Free Signals
BDSwiss recently opened a new service for clients – offering free trade reminders. In addition to their own signals, the service also includes entry and exit points. This allows traders to better assess signal quality and strength – plus the all-important element of timing.
Signals can lead to more trades, but since these are offered for free, they are a low-risk way to try them out and see how accurate they are long-term.