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.
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.
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.
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.
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.
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.