3PM GMT is a quieter time, shortly before the opening of the New York stock exchange. Having any money you deposit with BDSwiss means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes Foreign exchange reserves btcbrokerz review even if BDSwiss goes out of business for some reason. Having a reliable and capable broker is crucial to your success in online trading. As you have read in the previous sections, spreads may fluctuate depending on your asset and market conditions.

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Agents were helpful and most of the time knew the answers to our questions immediately. If they did not know they checked with a colleague and got back to us promptly. Overall, we judged the customer service to be solid and reliable. The available versions suited to various devices and including PC, Mac, Applications or Web platform that requires no installations. Moreover, there are plenty of strategies to choose from, that are useful for every trader, novice or experienced one. MT5 being a newer version also gained great popularity and features even more developed tools and comprehensive analysis options, loved either by beginners or professionals.

Reviews

Last but not least, BDSwiss operates a Tied Agent in Germany called BDSwiss GmbH that promotes investment services and the BDSwiss Holding PLC. The BDSwiss GmbH is a registered company under Registration No. As the broker mentions it is always aiming to give withdrawal service within 24 hours, yet this is applicable towards working business days, as on weekends or holidays it may take longer to proceed. BDSwiss has heavily regulated broker service with Swiss banking licenses thus restricting the freedoms of investors to move about freely.

Thanks for rating and sharing your BDSwiss Experience so far Yatim! We are happy to hear that you are satisfied with our Team and we hope you continue to enjoy using our services. BDSwiss is kraken exchange review a leading financial group of companies offering Foreign Exchange and Contracts for Difference trading services in more than 187 countries and serving more than 1.5 million registered users.

Another area that will surely be of interest for many traders at BDSwiss is their range of Forex services, where the forex broker is relatively well-positioned with more than 50 currency CFDs. Besides the classic majors, the service range also includes a number of minor and exotic currency pairs. Using the BDSwiss demo account, you’ll be able to trade all the same markets, same assets, and the pricing will perfectly match the pricing of the live markets in real time. You get virtual money to play with in order to evaluate the platform personally. You can access all the same tools, and IQ Option features as a regular live account holder to get a feel for the platform with zero risks to your hard-earned cash. The site offers MetaTrader trading and there is complete training available, or you can opt to trade using the BDSwiss WebTrader platform, if preferred.

Metatrader5

BDSwiss has cleverly solved this problem because for customers it is possible to trade under a license outside of Europe. Ingolfsland, with over 15 years of experience, most recently served as Ulteig’s Vice President of IT and Business Services. For the list and condition of BDSwiss’s all fund deposit and withdrawal conditions, visit the page here. With BDSwiss, you can open trading accounts within a few minutes.

In addition, you can also download the BDSwiss Mobile Apps for both Android and iOS devices to trade on the go. As MetaQuote has stopped offering MT4 licenses to new brokers, it is recommended that you try to migrate existing automated systems to MT5 to future proof your strategies. However, as BDSwiss does not offer the MT5 platform for the Raw Spread account, trading on the latest platform would be relatively expensive with this broker. As an STP/ECN broker, we were surprised to find that BDSwiss has not invested to get a cTrader licence but offers only the MetaTrader 4 platform for the Raw Spread account. However, if you have opted to open the Basic or the Black account, you can get access to the market via the latest MetaTrader 5 platform as well. As of the end of December 2020, the company has over a million registered trader and facilitates close to $11.5 billion in trading volume per month.

An excellent customer support experience and environment is offered at BDSwiss. The team are available around the clock through a number of mediums including their web-based live chat service, through email, and dedicated local phone numbers in many locations around the world. The most choice in these markets comes if you are trading stocks. Here you will have more than 140 stocks to trade in from major companies around the world. Another particularly strong market for BDSwiss is crypto trading. Here, 20 CFD assets are offered that includes the ability to trade some cryptos such as Bitcoin and Ethereum against many major currencies including the US Dollar, Euro, and Japanese Yen.

Other countries that cannot open a BDSwiss account at the time of writing are Belgium, Congo, Cyprus, India and South Africa. In this section of our BDSwiss Review 2022, we can confirm that this brokerage is a fully licensed and regulated CYSEC broker. Additionally, BDSwiss is also regulated and authorised by the NFA, authorised as an investment dealer by the FSC and monitored by German regulatory authorities. BDSwiss’s trustworthy reputation is further cemented by its awards and accolades.

What Is Bdswiss Leverage?

BDSwiss leaves no stone unturned in its bid to educate investors. Newbies and novices can consult their well-stocked educational center to learn all about the platform’s tools as well as successful trading strategies. Their website’s education section is regularly updated with useful information by their experts who also conduct webinars, market reviews, and other training sessions.

  • If your trade size is bigger and the one who prefers a commission basis then Raw Account is your choice.
  • BDSwiss’ entry-level account is suited to beginner traders, with a reasonable minimum deposit requirement of 100 USD, but wider than average spreads, starting at 1.5 pips on the EUR/USD.
  • The demo account is a USD 10,000 live market playground to practice trading and analysis.
  • The live chat works well and is available in a variety of languages.
  • Daniel Epstein is a senior financial research analyst at FinancesOnline and the architect behind our Fintech and ERP content division.

If you want personal help, contact customer support for detailed assistance on any issue any time. BDSwiss offers to trade in financial instruments such as currencies, stocks, commodities, indices and more and has a few trading platforms in which to do so. BDSwiss clients can choose their preferred deposit and withdrawal method right before they fund their accounts and enjoy $0 fees on all deposits. Webinars, coaching, market analysis, and trading signals are available to a trader. Therefore, one should not be dissuaded from the web to become a good trader.

Desktop Platform

The license creates a confidential relationship with the customer. The broker must meet certain requirements and criteria in order to obtain such a license. Violations of the rules or even fraud would mean a permanent withdrawal of a license.

Bdswiss Base Currencies Trading Account Currencies

BDSwiss offers its binary options platforms as mobile apps as well. These can be downloaded from the Google Play store as well as the App store. As at the time of writing this, the iOS version of the BDSwiss mobile app is still listed on the app store, despite Apple’s withdrawal of support for binary options mobile apps on its store. As well as crypto trading, which we discussed in the above section of this BDSwiss Review, account holders can also trade in a range of Forex and CFDs with BDSwiss.

For the demo account, you need to register and contact your account manager in order to have demo funds added. BDSwiss keeps client funds in segregated accounts amidst other ways of protecting clients which include ensuring a safe trading environment and legal compliance by investors. The offering and trading conditions provided by BDSwiss are competitive, although the spreads for assets depend on the current market conditions. Trading Forex, CFD, Binary Options, and other financial instruments carries a high risk of loss and is not suitable for all investors. The information and videos are not an investment recommendation and serve to clarify the market mechanisms.

Meanwhile, the negatives include the high account inactivity fees. Having started in 2012, BDSwiss hasn’t been able to grow its client base to over 1 million users by accident. rpx coin The platform itself is easy to use and the margins on offer will suit most traders. Now that you’ve completed the two steps above, it’s time to start actually trading for real.

Using the BDSwiss demo account allows traders to familiarize themselves with the layout and customization capabilities of the trading platform. It helps investors learn where the charting tools are located, how to search for instruments, and allows them to fully explore the order window. Besides traditional bank wires and credit/debit cards, supported payment processors include Skrill, Neteller, PayPay, giropay, Sofort, eps, iDeal, and dotpay. The minimum deposit amount is dependent on the selected method. Immediate processing times refer to BDSwiss deposits only ; as is standard, bank wires may take between four and seven business days to arrive.

Deposit & Withdrawal Methods

Once you have placed your trade, the price chart will be updated to show your position. Another plus point about BDSwiss’s trading platform is the fact that you can place multiple trades with the same chart. Hi Ana-Maria, thanks for taking the time to rate and review our team, products and services. We are delighted to hear that you are satisfied so far and we hope you continue to enjoy trading with us. BDSwiss is a regulated and well-established CFD broker with a global reach. With more than $84 billion in trading volume and over 1 million active traders, there are plenty of reasons to practice trading using the comprehensive BDSwiss demo account.