- 1 BDSwiss
- 1.1 BDSwiss Review:
- 1.1.1 Awards – “Best Trading App 2018” by Mobile Star Awards™
- 1.1.2 Regulation
- 1.1.3 Trading Platform
- 1.1.4 Mobile App
- 1.1.5 CFD Trading Assets
- 1.1.6 Leverage
- 1.1.7 Additional Services
- 1.1.8 Education:
- 1.1.9 Demo Account:
- 1.1.10 Adding & Withdrawing Funds
- 1.1.11 Verification/Identification
- 1.1.12 Customer Support
- 1.1.13 Concerns /Things To Consider
- 1.1 BDSwiss Review:
BDS Markets is authorized and regulated by the Mauritius Financial Services Commission (the ”FSC”, license no. C116016172).
Address: 6th Floor, Nexteracom Building, Ebene, Mauritius.
Minimum Deposit: €100
Commission charges: None on Forex and Commodities, 2 USD on Indices, and 0.15% on Equities.
Assets:Over 250 instruments to trade in
Excluded Countries: United States Canada, Japan, Sudan, Syria, and North Korea
Platforms: Online and Mobile (see below)
Regulation: See list below
Minimum Trade Size: 0.01 lot
Free Demo Account: Yes – $10,000
Broker Type: BDS Markets- Market Maker BDSwiss Holding- STP/ OTC
BDSwiss is one of Europe’s leading financial institutions specializing in Forex/CFD trading. The business was established back in 2012 and has since then been providing online trading services to more than a million clients worldwide. Over the years, BDSwiss has managed to build an adamant market reputation, offering their growing client base advanced education, 24/5 support, native platforms and competitive trading conditions on more than 250 tradeable CFD assets and forex pairs. Today BDSwiss is part of a worldwide operating group with its holding in Zug, Switzerland.
Awards – “Best Trading App 2018” by Mobile Star Awards™
BDSwiss received the “Best Trading App 2018” by Mobile Star Awards™*, in November 2018. Powered by MobileVillage.com, the annual Mobile Star Awards™ is the largest app innovation award program in the world promoting global tech innovators and advancing top-tier applications, in all types of industries including finance.
The BDSwiss group is covered by three licences and registrations. BDSwiss LLC is authorised and registered with the U.S. National Futures Association NFA ID: 0486419. BDSwiss Holding PLC is authorised and licensed by CYSEC (EU) (License No. 199/13). For operating outside of the EU they are regulated by the Financial Services Commission of Mauritius License No. C116016172 as BDS Markets Ltd.
BDSwiss’ MT4 platform caters for their Forex/CFD traders and is packed with a wide array of technical analysis and charting tools. Clients can benefit from the clean interface and advanced functionality of this world renowned platform. More experienced traders can take advantage of the MT4’s professional functions such as the 50+ indicators and charting tools. MetaTrader4’s interface is fully customizable to the needs of the individual trader and offers an array of other advantages including a daily account overview, free analysis instruments, automatic trade functions with selected expert advisors and a great number of assessment and analytical tools.
BDSwiss’ WebTrader Platform, was exclusively developed in-house, to better cater for the needs of their ever growing client base. Featuring a cutting-edge interface that allows for simple and instantaneous trade execution, BDSwiss WebTrader is a faster, simpler and much more advanced online trading platform that delivers an unparalleled trading experience. The new BDSwiss WebTrader features unique indicators and charting tools, full customization options, automated trading via the pending orders feature, and an intuitive order window that automatically calculates total position size, required margin and proposed TP and SL levels, according to the amount the client wishes to trade. BDSwiss’ new WebTrader does not require downloading and it is fully synchronised to the downloadable versions of the MT4, allowing for live price monitoring via an advanced market watch.
They do have both a Android and iOS mobile platform that you can download from the Google Play and iTunes stores respectively.
Designed for an ultra-user-friendly experience, the Mobile App offers users an intuitive way to trade forex and cryptocurrency pairs in just a single click. New users can sign up for an account on the app, submit their personal documents and start trading in just a few minutes. The app is translated in more than 20 native languages and provides new users with a step-by-step tutorial. With everything from live currency rates, to active and past positions and a full transaction history, BDSwiss’ Mobile App enables traders to speculate on every currency and crypto pair asset available on the MT4 and desktop platforms. On a single screen, users can also manage, deposit or withdraw funds and update their personal data. BDSwiss’ mobile trading app features a variety of trading tools including interactive charts, automated orders with Stop-Loss and Take-Profit, a 24/5 support service and the ability to receive up-to-date trading alerts and market analysis via push notifications.
Please Note: As Of 2nd July 2018 Binary Options Are Prohibited Within The European Economic Area (EEA) For Retail Traders. If You Live Within The EU And Are Not A Professional Trader You Will Not Be Allowed To Trade Binary Options.
CFDs Are Complex Instruments And Come With A High Risk Of Losing Money Rapidly Due To Leverage. Between 74-89% Of Retail Investor Accounts Lose Money When Trading CFDs. You Should Consider Whether You Can Afford To Take The High Risk Of Losing Your Money
General Risk Warning:
The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose
Platform Ease of Use - 95%
Available Countries - 90%
Number of Assets - 95%
Regulation - 95%
Fees - 95%
Training materials - 95%
- Free Demo Account with 10,000 virtual funds added
- Simple to use
- Good Leverage
- Wealth Management available
- Not available in USA, Canada, and Japan,
User Review( votes)
CFD Trading Assets
If you are not familiar with CFD trading, then check out our designated page on what CFD trading is, before you start.
+250 Tradable FX/CFD Assets
BDSwiss offers a lot of diversity when it comes to underlying instruments, boasting 250 tradable assets for CFDs as well as 47 Forex currency pairs, including all of the major currencies along with more exotic ones. It should be noted that BDSwiss does not charge any transaction fees on trade execution and when it comes to forex trading spreads start from 1.0 pips on popular currency pairs, such as the EUR/USD.
Other asset types include world renowned shares like Apple (AAPL), indices like the S&P500, commodities like crude oil and the most prevalent cryptocurrency pairs such as bitcoin and ripple against a number of major currencies.
You also have 7 commodities for you to trade: Gold Spot to US Dollar (XAUUSD), Gold Spot to Euro (XAUEUR), Silver Spot Price to US Dollar (XAGUSD), Platinum Spot Price to US Dollar (XPTUSD) US Crude Oil, Crude Oil-Brent spread, and Natural Gas. All but Natural Gas has a Leverage of 1%, with Natural Gas being 10%. The units per lot for all is 100. Minimal lot size is 0.01 for all, and maximal lot size is 50 for all. Commission is zero.
There are 11 indices available for you to CFD trade within. They range from the Nasdaq 100, S&P 500 index and the Dow Jones 30.
There are 8 CFD’s within crypto-currencies that cover three currencies, Bitcoin, Litecoin, and Ethreum. For all of them the margin requirement is 20%.
There are 54 companies available for your to trade in, from Apple, to Citigroup, Facebook & Google, Goldman Sachs & Wal-Mart to same just a few. The margin requirement on all is 10% and the commission is 0.15%.
BDSwiss offers its traders the option to use greater leverage, enabling them to gain a much larger exposure with relatively little capital. Global BDSwiss clients start with a default leverage ratio of 1:50 but they can always opt to increase their leverage to up to 1:400. BDSwiss further allows for up to 300 positions to run simultaneously, permitting the institution of advanced trading tactics and strategies. It is important to note that BDSwiss’ European clients, registered under CySEC can use a leverage ratio of up to 1:30 as per ESMA regulation depending on the asset category they choose to trade.
Leverage ratio for EU clients applies as following:
● 30:1 for major currency pairs
● 20:1 for non-major currency pairs
● 20:1 for major indices
● 20:1 for gold
● 10:1 for commodities (excluding gold)
● 10:1 for non-major equity indices
BDSwiss also offer a wealth management program. the purpose of the program is to allow investors to maximize their returns by placing your funds with a Fund Manager who invests your capital for you.
They provide detailed information on each fund manager, outlining their success rate, their existing balance, strategies, the profits they have achieves, the monthly gain percentage, along with other critical information.
There is also an educational section that comprises of webinars discussing key financial news and aspects. And training courses such as trading in general, where you can broaden your trading knowledge in CFD’s
BDSwiss’ Trading Academy aims to deliver a useful set of tools for novice and advanced traders alike, offering its clients a practical approach to trading education..
● Beginner, Intermediate & Advanced Video Courses.
Each course follows a hands-on approach with the host illustrating various strategies and techniques, directly on the BDSwiss MT4, Webtrader and mobile app.
● Interactive Forex Trading Quizzes.
Each level of video courses concludes with a practical quiz, giving the learner the opportunity to perform a thorough self-assessment on forex trading.
● Daily Webinars in EN and DE
Apart from the pre-recorded video course series, BDSwiss Trading Academy offers more than ten live webinars on a daily basis, in English and German language. The daily webinar list includes BDSwiss’ ‘Start Smart’ webinars that cater for beginners, market morning briefs and live trading sessions during key financial events. Additionally, an impressive collection of 200+ live trading videos & recorded webinars are also madeavailable to BDSwiss clients.
● Trading Alerts
BDSwiss’ in house analysts and professional traders Alexander D. and Frank W. study the markets daily and share their insights with BDSwiss’ VIP Black Account holders via a free Live Trading Alerts Service on telegram. Traders receive real time, actionable alerts, in buy or sell terms along with entry, exit and SL/TPlevels, straight on their mobile phone devices. Basic Account traders and non-BDSwiss clients can also access BDSwiss open Telegram channel and get a free taste of BDSwiss trading alerts.
● Daily Market Review
BDSwiss blog is updated on a daily basis with the latest market news, key financial events, forecasts and analysis on major assets. On the BDSwiss blog you will also be able to find a number of educational articles and the latest BDSwiss company news.
BDSwiss do offer a demo account. You do get 10,000 in virtual money (in other words, you cannot withdraw these funds) You can download the MT4 trader platform to your computer or use the web trader. The demo account has the exact same features and interactions as the live account. You cannot use the live account until you first deposit funds into your account.