Bdswiss, One of the Most Well-Known Brokers in the World

About BDSWISS

BDSwiss is an online broker which was launched in 2012. Many do not consider BDSwiss a veteran in this line of business because they are too young. But by their action of creating a huge business in just few years is really something to consider. In fact they have carved a niche for themselves in the FX industry within a very small time. The idea of BDSwiss was born in Kilchberg close to Zurich, Switzerland in 2011 where one of the founders was residing. They take pride in providing one of the best possible trading facilities, state of the art platforms and unparalleled support for their clients. 

BDSwiss has over a million of registered users as of now since 2012. This massive growth is uncommon among brokers and which is why they are becoming one of the Europe’s most trusted and popular online brokers. They operate in more than 125 countries across the globe and working round the clock to grow this number. BDSwiss offers access to seamless trading experience through the range of more than 250 underlying assets from leading Shares, Indices, Forex, Commodities and Crypto. 

They are a multi award winning broker with awards like:

• “BEST TRADING APP” award by Mobile Star
• “BEST TRADING CONDITION” awards by World Finance 
• “BEST TRADE EXECUTION” award by Forex Global 

Is BDSWISS Safe?

YES, BDSwiss is perfectly safe for anyone willing to trade in FX market. With their everlasting effort to safeguard your every transaction on their website, the broker will certainly make you feel safe. BDSwiss has created an image of trust by working hard on gaining trust of their clients since 2012. Since they are licensed and regulated by the European regulatory body, overall it is considered to be a Safe Broker. Their website design is so flawless that it gives a feeling of safety and security. BDSwiss is a well recognized online broker with considerable reputation in the market. They have won three different global awards- Mobile Star Awards, World Finance Awards, and Forex Global Awards which is a testament of their safety and reliability.

Pros and cons of trading with BDSWISS

Pros:

BDSwiss provides a lot of good features for free and we will discuss about it. 

Free Demo Account:

BDSwiss provides every user a free demo account upon sign up. You can access your Demo account from the dashboard. Furthermore, you automatically get credited with $10,000 virtual currency in your Demo account instantly as soon as you verify your email. 

Regulated By Prestigious Institutions:

They are regulated and licensed by three different global prestigious organizations. They follow the strict rules created by FSC (Mauritius), Cyprus Securities and Exchange Commission (CySEC), and U.S National Futures Association (NFA) to protect the privacy and money of the traders.

Negative Balance Protection:

You do not need to worry about going into negative balance while trading because BDSwiss offers an extremely important feature that does not let your balance to drop below zero. 

Cons:

BDSwiss does not give much to the critics to complain about but there are some shortcomings to it which we cannot ignore easily. 

No US, Japanese and Canadian Clients: 

BDSwiss do not allow US based clients to do trading with them. BDSwiss is also not available for the traders residing in Japan and Canada.

No 24/7 Support:

This is another drawback for BDSwiss, they do not give 24/7 support for their clients. Instead they offer 24/5 customer support service. 

Inactivity Fees is Applicable:

One of the major drawbacks of BDSwiss is the inactivity fees that they take. Most of the top brokers do not levy any or high Inactivity fee but the case with BDSwiss is different. 

BDSWISS Trading Platform – What you need to know:

BDSwiss Supports both MetaTrader4 (MT4) and MetaTrader5 (MT5) trading platforms for its customers. They also support BDSwiss Mobile App and BDSwiss WebTrader trading platform. BDSwiss offers an interactive UI when it comes to trading platforms. They made trading easy and informative with MT4 and MT5 trading platform. 

They provide trading anywhere, anytime and on any device. They put extra effort on channeling their resources on providing advance charting tool, indicators to manage the risks with a better possibility to determine price direction. The overall look and feel of their trading platform is modern and unique with a lot of information cramped up on your screen, this can be a little overwhelming for some new traders but it is a blessing for the experienced traders.

Mobile Trading with BDSWISS 

BDSwiss offers extraordinary features when it comes to mobile trading. They offer both their trading platforms- MetaTrader4 (MT4) and MetaTrader5 (MT5) in the form of mobile app. They are so good with providing clients with the best broker service on mobile phones that they were awarded twice for it. The mobile app is fully compatible to work on different smartphones running on Android and iOS operating systems. You can easily download the app and enjoy the simple yet informative UI they have to offer on mobile phones. 

Bonuses for New Traders 

Unfortunately, BDSwiss does not offer any joining bonus, referring bonus or any kind of event bonus for their new or old clients. The reason behind it is the condition provided by CySEC in the European Union. Now online brokers cannot give out any promotional bonus offers for any traders. 

BDSWISS Demo Account 

The good thing is that with BDSwiss you can enjoy the luxury of a free demo account. But the good part does not end just here they also give out $10,000 virtual credit to your demo account for you to trade with and better learn the trading with BDSwiss. To get a free Demo account you just need to sign up with them, the demo account will be automatically created for all their clients. You can then access your free demo account from your dashboard. 

Is BDSWISS a Scam? 

No, BDSwiss is NOT A SCAM. On the contrary, it is much more trustworthy than most of the online brokers out there in the market. BDSwiss is totally trustworthy because they are regulated and licensed by three different global prestigious organizations. They follow the strict rules created by FSC (Mauritius), Cyprus Securities and Exchange Commission (CySEC), and U.S National Futures Association (NFA) to protect the privacy and money of the traders. They care about their clients that is why they are spending so much time in developing their customer service experience and client security on their website. 

BDSwiss has been around for a long period of time, and over time they have worked hard to gain trust of their clients. Now they have over a million registered accounts, 30+ billion FX volumes per month and 102+ million yearly transactions processed. With these huge numbers no one can deny that they are trusted by millions of customers around the world.  

VIP Programs 

BDSwiss has a VIP-like program known as “RAW account”. Mainly there are three types of accounts provided by BDSwiss. 1st is Basic 2nd is Black and 3rd is the VIP account (RAW Spread Account). With Raw Spread Account, you will get the same benefit from the same condition that BDSwiss as a company gets from its liquidity providers which is raw spreads from 0.0 pips, Zero commission and super fast execution. At the same time, you get transparency with Raw Spread Account, as there are no hidden fees and no deposit charges. All this is available by paying a nominal monthly subscription fee. 

BDSWISS Support

The customer service offered by BDSwiss is truly extraordinary. Actually their client support system is so good that it casts a shadow over their shortcomings. Even with such a great support system they do have some cons in it like, they do not support 24/7 support system. But the good thing is that they have 24/5 support with Whatsapp, Telegram, Email, Call Back, Live chat, and Rich FAQ section. They do not give direct email support but you can send them a message from their website and they will reply to you on your email address. 

BDSWISS Trading Guides 

BDSwiss offers a complete trading guide for all types of traders. Whether you are a new trader or an experienced one, you both will get trading guide material to develop your trading skills exponentially. These trading guides include- Video courses, Articles, Webinars, Quiz and more. If you closely observe their trading guide program, you will notice it has been divided into three sections- Beginner, Intermediate, and Advanced. 

At the end of each video, the broker offers a small self quiz to evaluate and solidify the information we just got. Another great thing about BDSwiss is that they are very active when it comes to updating the market news. And the articles which require occasional updates according to the market. 

Conclusion

In a nutshell, we can say that BDSwiss is one of the most sought after brokers for both new as well as veteran traders. Surely, there are some downsides to this broker, but no broker is perfect. BDSwiss is constantly upgrading them to better provide their clients with their needs. They offer a choice to their customer when it comes to different accounts. Clients get to choose from three different types of accounts according to their needs. In the end we would definitely recommend traders to BDSwiss a shot and it’s truly worthwhile!