BDSwiss Broker Review
Posted by bdswiss on December 9th, 2022
Founded in 2012, BDSwiss is a responsible and well-regulated broker with a large international customer base. It offers trading on multiple instruments, including Forex, commodities, shares, indices, and over 26 cryptocurrencies, which is a much wider range than is available at other brokers.
BDSwiss’s entry-level account offers relatively poor trading conditions compared to other market makers/STPs, with average spreads as wide as 1.5 pips (EUR/USD). Trading costs improve on the VIP and Raw accounts, down to 1.1 pips and 0.3 pips (EUR/USD) respectively, but this is in exchange for extremely high minimum deposits and a round turn commission of 5 USD on the Raw Account.
With full support for both the MT4, MT5, and its own proprietary trading platforms, traders can access various trading tools, including Autochartist and built-in trend analysis tools. Additionally, its award-winning educational and analytical materials cater to traders of all experience levels, and BDSwiss allows all trading strategies, including hedging, scalping, and algorithmic trading.
Is BDSwiss Safe?
With a long history of responsible behaviour and local and international regulation, we consider BDSwiss a safe broker to trade with.
BDSwiss was founded in 2012 and is headquartered in Switzerland. It is well-regulated by many top-tier authorities, including the Cyprus Securities and Exchange Commission (CySEC), the Mauritius Financial Securities Commission (FSC), the Federal Financial Supervisory Authority (BaFin) of Germany, and the Financial Services Authority (FSA) of Seychelles. See below for more details:
BDSwiss has been regulated by CySEC (license 199/13) since 2013
In terms of industry recognition, BDSwiss outshines many of its competitors. Recent awards include:
Overall, because of its history of responsible behaviour, storing international regulation, strict auditing processes, and wide industry acclaim, we consider a trustworthy broker.
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About the Authorbdswiss
Joined: August 13th, 2022
Articles Posted: 3
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