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Broker Information

  • Company Name: BD Swiss
  • Founded: 2012
  • Country: Cyprus

Platform Info

  • Platform: MetaTrader 4, WebTrader, App
  • Web Based: Yes
  • Mobile Trading: Yes

Broker Services

  • Regulators: CySEC
  • Minimum Deposit: $250
  • Leverage: 1:400
  • US Clients: No
  • Funding Methods: Wire, credit card, and 18 other methods with more added continually

BD Swiss Review

Many traditional currency brokers have recently created subsidiaries that are their entry into the thriving world of currency trading, after waiting a few years to see if the trend was real. There is, however, a forex broker who chose to use this strategy in reverse, and that broker is BDSwiss.com, as he proclaims his website address. The firm expanded its product offering to now include traditional currency trading, along with a large amount of CFDS, as well. Now it shows the best of both worlds under one roof. Founded in 2012, Swiss BD has already built a global basis more than 500,000 fans and recently received an award for being the “most reliable Broker” among his colleagues in 2015. Swiss BD is the trade name of BDSwiss Holding Plc, an investment of Cyprus. Signature authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC – License number: 199/13). Customers from the United States and Canada are not accepted at this time.

The broker’s new website incorporates many format features, which make it stand out as an innovator and try to attract a broader clientele, now that it has passed its initial start-up phase. It is not necessary to confuse customers with increasing benefits and limited functions. Simple is much better, and seems to work. Very few complaints, if any, exist on the web, a good sign that this broker is trying to get your sponsorship. Forex assets totaling more than 230, which can be marketed in six formats option: operations FX / CFD, Swiss BD relies on the number of platforms Metatrader4 to satisfy their customers. Here you will find not only 83 currency pairs to negotiate, but another 48 CFD in indices, commodities and treasuries. The spreads can be as low as 1.2 pips, and the leverage reaches a maximum of 400: 1

Registration is quick and easy, in less than 3 minutes, and free of charge to access the FX / CFD service offer. The regulatory supervision of CySEC guarantees the security of the deposits, the reliability of the execution of orders and privacy. You can access the normal training package and support materials once you have registered, and the bilingual support of the attentive customer service representatives can help you with any problems you may have. The headquarters of this company is located in Limassol, Cyprus, but there is another post office in Frankfurt, Germany. BD Swiss is registered in most of the EU countries to provide an additional level of security. Details related to offices and licenses can be found on the website.

Unique Features of Trading with BD Swiss

The distinctive features listed by BD Swiss on its website are the following:

Founded in 2012 and based in Limassol, Cyprus, with an additional presence in Frankfurt, Germany;
Regulated by CySEC, and licensed to do business in all EU countries;
Client deposits are separated from operating capital in separate bank accounts;
The Cyprus Investment Compensation Fund provides additional coverage of up to € 20,000.00 per individual account;
The firm offers traditional Forex and CFD trading under one corporate roof;

FX System Set Up:

  • MetaTrader4 series of trading platforms;
  • Forex pairs and CFD trading;
  • Tight spreads as low as 1.2 pips (vary by asset type);
  • Leverage for forex pairs up to 400:1 (vary by asset type);
  • Over 130 assets: Forex pairs (83), Indices (23); Commodities (18); and Treasuries (7);

Extensive Education Center includes a variety of materials on several topics, both basic and advanced, including webinars, seminars, and training guides;
Customer support available via live chat, email, or phone.

Accounts

A simple account to facilitate access and trade;

The demo account is free with no time limit;

Unable to accept US customers USA, Canada, Japan, Sudan, Syria or North Korea; The CySEC entity only accepts clients from the EU.

Platform

BD Swiss offers FX / CFD transactions. It is web based and does not require complicated software downloads. The Sell-Early, Rollover and Double-Up functions are standard. Traditional commerce uses MetaTrader4 software, which must be downloaded to your computer device. Then you can enjoy the features and familiarity that come with the MT4 products.

Deposits and Withdrawals

BD Swiss accepts the main credit cards and bank transfers for deposits;
Alternative payment systems are also accepted, such as Skrill, Neteller, GiroPay, Soforth, iDeal and EPS;
Withdrawal requests will be authorized and processed quickly, but only if the KYC / AML documentation is updated and archived.
Withdrawal distributions follow the deposit method, as required by law;
Withdrawals are free, but bank intermediaries can deduct their own fees.

Beginner Support

Support

You can contact bilingual customer service representatives through live chat, email and direct phone (16 national lines are listed on the website). Two office addresses are also presented on the website, in case you are in those two areas.

Safety

Client deposits are kept in separate separate accounts and do not mix with operating capital. In case of insolvency, the Cyprus Investment Compensation Fund also covers the balance of your account, up to € 20,000. All the data of the commercial activity, the personal account and the payment information are encrypted, using the latest in SSL technology.

Conclusion

BD Swiss has taken its commercial offer of Forex and CFD, from a simple account offered by a single broker. The CySEC regulation provides a level of protection that other jurisdictions can not: the transparency of execution orders, the security of the deposit with insurance coverage and privacy through the latest encryption techniques. Spreads and leverage are competitive, and you will not find a broader range of asset options, even from the best brokers in the industry. More than 500,000 customers in four years are also a great achievement, so the value proposition of this company must be working. As your home page declares, “BD Swiss – The Complete Trading Package”.

Please note that certain products and / or multiplier levels may not be available to traders in EEA countries due to legal restrictions.

 

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