BDSwiss is an established Forex & CFD’s online broker, that is owned and operated by a company called BDS Ltd . Their official website is at: https://global.BDSwiss.com. Contact email address is: [email protected]
For complaints or withdrawal issues, read this.
BDSwiss Reviews
Our review of the broker BDSwiss shows, that they are a licensed broker offering the MT4 & MT5 software, along with their own custom web-based trading platform. They have over 250 underlying assets for CFD trading including Shares, Forex, Metals, Commodities, and Indices.
The web-based trader is nice and easy to navigate. Our only complaint about their trading software, is that the Buy button is on the left, instead of the right.
Investors can choose to use their easy web based trading platform, with a Free $10,000 demo trading account. Three account types are offered; the Basic, RAW Spread and Black Account. The difference between the trading account types, are the average spreads.
Minimum initial deposit for a “Classic” trading account type is €100, which is one of the lowest for a European licensed broker, see here.
They are a popular CFD broker that is focused on investors from South America and Aisa. They no longer cater to European investors. As a global international broker, their site is localized in the following languages; Chinese, Turkish, Indonesian, Malay, Czech, Romanian, Korean, French, Norwegian, Polish, and Danish.
Is BDSwiss a Legit Broker?
The way that the Scam Broker Investigator determines if a broker is a legitimate company or a scam, is plain and simple. We check to see if they are licensed and regulated by a respectable financial regulator; the FCA in the United Kingdom.
- Mauritius: By the Financial Services Commission (FSC) Mauritius: C116016172
- Seychelles: By the Financial Services Authority (FSA) Seychelles: SD047
- Mwali: By the International Services Authority (MISA): T2023244
- United Arab Emirates: By the Securities & Commodities Authority (SCA) UAE: 20200000188
BDSwiss is officially owned by BDS Ltd (Registration No. 8424660-1) and located at: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles.
Previously, BDSwiss was licensed and regulated in the European Union by CySEC under the name Viverno Markets Ltd. Their license number from the Cyprus Securities and Exchange Commission was 199/13. Their address was: Apostolou Andrea Street 11, Hyper Tower, 5th Floor, 4007 Mesa Yeitonia, Limassol, Cyprus.
When choosing a Forex broker it is important to read the reviews of licensed brokers, and check that the broker you would like to open an account with is regulated by a government regulatory agency.
*Risk Warning: Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose.
Compare Best Brokers
AvaTrade is a global broker, that is licensed and regulated in many countries. They are popular because of the trading apps they offer, Read More.
Start with a Free Demo Account at: AvaTrade.com.
If you are currently investing with this broker, please share your experience with other traders reading this review, in the comments below.