This review is a result of an exhaustive examination of all of BDSwiss’ offers and services. The review team had spent months with the brokerage firm to make this possible.
Throughout its review conduct, the team had looked into the aspects below so as to render a more pointed and detailed assessment of the firm’s over-all capabilities:
1. BDSwiss’ regulatory status
2. The trading instruments accessible through the firm
3. The offered BDSwiss trading accounts
4. The trading platforms available
Established back in 2012 in Zurich, Germany, BDSwiss Holdings PLC legally operates as a brokerage firm under the the laws of Cyprus. The firm takes cues from the stringent rules and regulations implemented by the Cyprus Securities and Exchange Commission (CySEC). Members of the European Union enjoys the status of being assured legal operations as the legitimacy is further strengthened through the European MiFID and MiFID II Directives, two entities that sanction CySEC’s regulatory operations.
The two financial authorities were built with the goal of safeguarding the clients’ data and funds through its provision of safe trading environments.
BDSwiss also holds operations within Switzerland, Germany, and the United States.
Since its founding, BDSwiss had gathered over a million clients across 125 countries.
Offers and Services
Accessible Trading Instruments
BDSwiss gives its clients access to an array of trading instruments including, Commodities, Cryptocurrencies, Foreign Currency Pairs, Metals, Indices, and Stocks. It must be noted however that the number of assets that are to be made available to each client is dependent on the type of account that the trader chooses to avail of.
Across all types of account, BDSwiss makes a total of 51 Forex Pairs to its clients. The currencies offered are a combination of Major Pairs, Minor Pairs, and Exotic Pairs. Each currency pair is pegged with a leverage of 1:500 while the units per lot are at 100000.0. The minimum lot size across all tradable currencies is at 0.01; the the maximum lot size is at 50.0.
The commodities available the firm gives access to through its BDSwiss Classic Account and the BDSwiss VIP Account only amount to 7. These have 0 commissions, 0.01 as a minimum lot size, and 50.0 as a maximum lot size. Meanwhile the commodities through the BDSwiss Raw Account, total to 8.
The BDSwiss Classic Account gives access to 10 Indices, while the BDSwiss VIP Account has 20.
Cryptocurrencies are available across all types of account; these have a total of 20 cryptocurrency pairs.
Equities may also be accessed through all accounts. The offered Equities total to 70 which includes Visa, Verizon Communications, Zendesk, and United Health Group among others.
Offered Trading Accounts
As already mentioned through the previous segment, BDSwiss offers 3 trading accounts. The specific offerings for each account is detailed through the image snipped below:
Available Trading Platforms
As of writing, BDSWiss offers 3 types of trading platforms:
MetaTrader 4 (MT4)
Wholly-trusted and praised by the trading industry, MetaTrader 4 (MT4) provides a myriad of beneficial features that allow for good trading conditions and profitable transactions. MT4 has one-click trading, a wide selection of technical indicators, a number of charting tools, and Expert Advisors (EAs) that has provisions for automated algorithmic trading.
MetaTrader 5 (MT5)
While not as popular and lauded as its forerunner the MT4, MT5 offers a number of advantageous features like flexible lot sizing, a selection of funding and withdrawal options, tight spreads, and market depth just to name a few.
The BDSwiss WebTrader is BDSwiss’s own trading platform. The platform does not require third party installations and can easily accessed across all web browsers. Its user interface is intuitive and therefore easy-to-navigate. It bears a number of tools for Technical Analysis and risk management.
BDSwiss also has a mobile application that allows for the access of all the trading platform’s features and offers. The desktop application is compatible for both Mac and Windows operation systems.
BDSwiss’ customer support is one of the firm’s most admired offerings. The review team actually thinks that the firm’s customer support is one of its key strengths. The customer support personnel is capable of speaking different languages depending on the clientele.
Regardless if it’s Live Chat, phone, or email, the support team is able to respond to requests and inquiries in a timely manner.
Trade with BDSWiss Today!
With the points discussed within this review, it is easy to see why trading through BDSwiss would prove to be a gratuitous affair. Top tier trading conditions are fostered through the following facets of BDSwiss’s services:
1. The firm’s regulatory status
2. The firm’s wide selection of trading instruments
3. The firm’s efficient trading platforms
4. The firm’s highly responsive customer support system