BDSwiss — Is it a scam or not?

Posted by bdswiss on August 13th, 2022

Nowadays it is difficult to find a trustworthy online broker because the selection on the internet is very large and clear. BDSwiss is probably one of the best-known providers of financial products in the international broker world. So we ask ourselves the question: Is BDSwiss a good broker or not? — On this page, you will learn the truth. With more than 9 years of experience in the financial markets, we have completely tested the provider and present to you in the following sections my test results. Everything about costs, conditions, and more.

What is BDSwiss? — The company presented

BDSwiss is an international Forex and CFD broker, which has its main client base in Europe. The company has been on the market for over 7 years and was founded in 2012. It offers customers trading in contracts for differences on any asset (currencies, stocks, and more). Traders can speculate on rising and falling rates at small fees.

Already over 1 million traders registered with this broker because he is also known for eye-catching television advertising. The name alone inspires confidence because the group of companies is controlled by Switzerland, Zug. The head office of the broker is in Cyprus. Also in Germany (Berlin) and other countries, there is a customer center.

From our experiences and tests, the customer service at BDSwiss is awesome. Only a few other brokers can offer such a service to a trader. Every day webinars are organized and there are competent market analyses for every customer. Also, trading signals can offer the broker, which had a high hit rate in the past.

The regulation of BDSwiss — How safe is it?

Regulation by an official financial authority is very important in online trading. 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.

The BDSwiss group has several licenses, which brings a great advantage. BDSwiss Holding PLC is represented by CySec (EU), BDSwiss LLC by U.S. Patents. National Futures Association NFA and BDS Markets are regulated by the FSC. The trader can decide for himself under which license he wants to trade. There is the possibility of unrestricted trading with leverage.

BDSwiss is regulated by:

NFA (USA)
CySEC (EU)
FSC (Mauritius)
FSA (Seychelles)

Variable leverage for European traders

The European Financial Services Authority (ESMA) banned the high leverage on private traders from 1.8.2018. This presents the trading scene with massive problems.

BDSwiss has cleverly solved this problem because for customers it is possible to trade under a license outside of Europe. This guarantees variable leverage for each trader.

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Joined: August 13th, 2022
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