Introduction
If you’re looking for a reliable and trustworthy online trading platform, you might have come across BDSwiss. This online broker has been in the market for several years and has gained a reputation for its user-friendly platform, excellent customer support, and competitive fees. In this article, we’ll provide you with a comprehensive review of BDSwiss, covering everything from its history to its features, and help you decide whether it’s the right platform for you.
History
BDSwiss was founded in 2012 and is headquartered in Zurich, Switzerland. It started as a forex broker but has since expanded its offerings to include CFDs, stocks, and cryptocurrencies. It’s regulated by multiple authorities, including the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Commission of Mauritius (FSC).
Features
BDSwiss offers a range of features that make it stand out from other online brokers. Some of these include:
User-friendly platform
BDSwiss has an intuitive and user-friendly platform that’s easy to navigate, even for beginners. The platform is available in several languages, including English, German, and Spanish, and can be accessed via the web or mobile app.
Competitive fees
BDSwiss offers competitive fees, with spreads starting as low as 0.3 pips for forex trading. It also doesn’t charge any deposit or withdrawal fees, making it an affordable option for traders.
Wide range of assets
BDSwiss offers a wide range of assets for trading, including forex, CFDs, stocks, and cryptocurrencies. It has over 250 assets available, allowing traders to diversify their portfolios.
Excellent customer support
BDSwiss has a dedicated customer support team that’s available 24/5 to assist traders with any issues they may encounter. The team can be reached via phone, email, or live chat, and is known for its quick response times.
Trading Accounts
BDSwiss offers three types of trading accounts: Basic, Raw, and Black. The Basic account is designed for beginners and has no minimum deposit requirement. The Raw account is for more experienced traders and has a minimum deposit requirement of $5,000. The Black account is for high-volume traders and has a minimum deposit requirement of $50,000.
Educational Resources
BDSwiss offers a range of educational resources to help traders improve their skills and knowledge. These include webinars, video tutorials, and a comprehensive trading academy. The trading academy covers topics such as trading psychology, risk management, and technical analysis.
Security
BDSwiss takes security seriously and uses SSL encryption to protect its website and platform. It also segregates client funds from its own funds, ensuring that traders’ funds are safe in the event of bankruptcy.
Pros and Cons
Like any online broker, BDSwiss has its pros and cons. Some of these include:
Pros
– User-friendly platform – Competitive fees – Wide range of assets – Excellent customer support – Educational resources
Cons
– Limited research tools – No social trading options – Limited customization options
Conclusion
Overall, BDSwiss is a reliable and trustworthy online broker that offers a range of features and benefits for traders. Its user-friendly platform, competitive fees, and excellent customer support make it a popular choice among traders of all levels. However, it may not be the best option for those looking for advanced research tools or social trading options. We recommend trying out BDSwiss for yourself and seeing if it’s the right platform for you.
