Who is The Broker BDSwiss?
BDSwiss is a well known and popular es licensed CFD, Crypto and Forex broker that is owned by BDSwiss Holding Plc. They are officially located at: 11 Apostolou Andrea Street, Hyper Tower, 5th Floor 4007 Limassol, Cyprus. They can be reached by phone in the United Kingdom at: +44 203 769 1426.
Comprehensive Review of BDSwiss
BDSwiss is a multilingual company, and their website is available in so many languages: Español, English, Deutsch, Italiano, 한국어 (Korean), Français, Norsk (Norwegian) and Polski (Polish).
They have a low $100 minimum deposit requirement for new trading accounts. This broker allows you to open a Demo Forex trading account with no minimum deposit, and a .01 minimum lot size per purchase. They have three account types to offer, each with different benefits.
We always stress the need to our readers, that they carefully review a brokers Terms and Conditions. This will help to verify what requirements they have regarding withdrawals. Read more about common complaints here.
While reviewing the online BDSwiss we see that they offer investors and day traders CFD Forex trading on a variety of products. The trading platforms available are either their proprietary web-based software, along with mobile trading apps. Experienced investors are able to utilize the industry leading MT4 & MT5 (Meta Trader) trading platforms.
In regards to Forex, BDSwiss uses the MetaTrader4 software. Here you can trade Currencies or CFD’s with leverage of up to 1:500 on spreads as low as 1.0 pip. This depends on which currency you’re trading and which account type you have.
Free demo account are available, signup here.
Does BDSwiss Have a License
No matter where you live, there is a government financial regulator that regulates and oversees Forex brokers, and issues them a license to operate as an online brokerage firm. Some examples of government regulators are; ASIC in Australia, the FSCA in South Africa or CySEC in Cyprus.
BDSwiss has a regulatory license from the CySEC of Cyprus, license number 199/13. This allows them to legally operate within all countries of the European Union.
When comparing brokers, the first thing to do, is verify that your broker is actually licensed.