The Cyprus Securities commission regulates BDSwiss (CySEC). BDS Ltd has been authorized and managed by the Seychelles Financial Services Authority (FSA). BDSwiss has also been approved and regulated as an Investment Dealer by the FSC Mauritius. BDSwiss GmbH is BDSwiss Holding PLC’s BaFin-registered German subsidiary. The NFA also supervises the broker (National Futures Association). Even though the service is authorized in the United States, it is now unavailable to Us traders.
It is an international brokerage company headquartered in Zurich in 2012 that increased to become one of the biggest trade companies in the world. BDSwiss’ current client base includes over 1.5 million customers from over 186 countries and an elite Member club with over 1.5 million traders.
Because the company’s founding approach is Swiss, its strategic framework is backed up by the beautiful atmosphere it has created. Since then, the company has become a global trade organization. With Limassol, Cyprus is home to the company’s headquarters and offices in Berlin, Germany, Kuala Lumpur, Malaysia, Tirana, Albania, and Pristina, Kosovo.
BDSwiss Upsides and downsides
It is a strict regulatory broker with a Swiss banking license and global reach and the United States. BDSwiss has a favorable image and user-friendly trading circumstances; there is a wide range of brokerage firms to choose from, quick account setup, and excellent customer support, with educational and research resources.
The trading proposal of BDSwiss, on the other hand, is dependent on the business, and the instruments available are confined to Forex and CFDs.
BDSwiss Account types
BDSwiss presently provides three main account types: Classic, VIP, and Raw, all of which were designed to suit a wide range of Forex traders by offering cheaper prices related to trading size and sophisticated services as the trade size grows. Whereas the Classic and VIP accounts are built only on rates, the Raw version includes interbank spreads and a per-lot commission charge.
When you open your trading account, you have the option of selecting the desired base currency from the Euro (€), US Dollar ($). British Pound (£)is excellent because it means you will not be charged for currency conversion, and the account balance cannot fall below zero due to the applied negative balance protection.
BDSwiss also provides a Forex or CFD “Demo Account” free of the risk premium and allows you to learn or practice tactics.
Platforms for Trading
The BDSwiss software platform is designed on the well-known MetaTrader4 platform, which provides a comprehensive trading feature set and a diverse selection of solutions. Given that MT4 is a prominent industry easy platform that lets traders trade anywhere and at any time using advanced charting tools, risk management indicators, and a more remarkable ability to predict price direction, this is not surprising.
The BDSwiss review program solution is built on the well-known MetaTrader4 platform, which provides a comprehensive trading feature set and a diverse selection of solutions. It’s not strange, given that MT4 is a prominent industry simple platform that enables traders to trade from any location and time by utilizing critical charting features, risk management indicators, and a more impressive capacity to predict stock price changes.