BDSwiss is an established Forex broker, that is owned and operated by BDSwiss Holding Plc. Official website is https://eu.bdswiss.com.
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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. The minimum deposit for a Basic trading account is €100, which is one of the lowest for a European licensed broker, see here.
They are a popular CFD broker in the United Kingdom, Germany and South Africa. 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.
- BDSwiss is licensed and regulated in the European Union by CySEC under the name BDSwiss Holding Plc. Their license number from the Cyprus Securities and Exchange Commission is 199/13.
- Outside of Europe, they are operated by BDS Markets, which is authorized and regulated by the Mauritius Financial Services Commission, with license number C116016172. BDS Markets is located at: 6th Floor, Nexteracom Building, Ebene, Mauritius.
Official address is at: Apostolou Andrea Street 11, Hyper Tower, 5th Floor, 4007 Mesa Yeitonia, Limassol, Cyprus. They can be reached by phone from German at: +49 30 2144 6991, and from United Kingdom at: +44 203 6705890. Their email address is: [email protected].
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.
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