BDSwiss Review
General Data | |
Broker | BDSwiss |
Website | http://www.bancdeswiss.com/ |
Registered in | Cyprus |
Foundation | 2012 |
Regulated | Yes |
US Clients | No |
Phone | +43 720884101 |
[email protected] | |
Account Options | |
Broker Type | Binary Options Broker |
Comission | No |
Min. Deposit | $/€100 |
Max. Deposit | Credit card — $5000, Wire — Unlimited, Western Union — $10000 |
Min. Trade | € 1 |
Max. Trade | € 1 500 |
Payout % | 89 |
Deposit Methods | Credit Cards, MoneyBookers, Wire Transfer, Western Union |
Withdrawal Methods | Credit Cards, MoneyBookers, Wire Transfer, Western Union |
Types of Assets | |
Forex | Yes |
Stocks | Yes |
Indices | Yes |
Commodities | Yes |
Currencies | Yes |
ETFs | Yes |
CFDs | Yes |
Trading Platform Options | |
Supported Languages | EN, DE, GR, IT, DK, NO, PL, FI, SV, NL, FR, ES |
OS Compatibility | Mac, Windows, Mobile, Web |
Streaming News Feed | N/A |
Charting | No |
E-mail Support | Yes |
Mobile Alerts | No |
Mobile Trading | Yes |
Web Trading | Yes |
Customer Support | |
Languages | EN, DE, AT, ES, NO, SV, DK, IT, PL, GR |
Service Hours | 12.00 – 20.00 by phone, 24/7 live chat |
Trading over the phone | Yes |
Live Chat | Yes |
Bonuses & Promotions | |
No-deposit Bonus | No |
Welcome Bonus | Variable |
Other Bonuses & Rewards | No |
Design: | |
Global Offer: | |
Bonus: | |
Notoriety: | |
Assistance: | |
SCORE TOTAL: 3.2 |
For those who wish to join a trading community, BDSwiss should definitely be in the list of options. It was founded Ltd. in 2012 mainly for German speaking traders and is now regulated by (CySEC) Cyprus Securities Exchange Commission.
Despite it emerged on the brokerage market quite recently, the company has earned relatively high marks in our BDSwiss review. However, it currently does not allow US traders to join.
Trading Platform
The trading platform is owned by Keplero Holdings Ltd. This trading platform is powered by SpotOption. Intuitive and self-explanatory interface, clearly organized buttons and menu options won’t make it difficult for users to operate the platform. However, the broker does not have a mobile platform for users to trade from their mobile devices.
Video Review
Unique Features
Among the selection of features that make this broker stand out are:
Trade Types
The broker offers five types of trades to choose from:
Payouts and Bonuses
In terms of the payout, depending on the trade, it can reach up to 600% and it is definitely higher than an average ratio within in the brokerage market. The average payout percentage is 65 – 85%. The rebates range from 5 to 10%. New traders will get a welcome bonus that can reach up to $2500.
It is possible to register three types of accounts, where each of them has its own bonus programs. Starter account will require you deposit $100 to get started. Pro account needs at least $1,000 to give you membership, and to acquire VIP membership, you will need to deposit $5,000. All the users will be able to view the E-video library, news, updates, alerts and trading reports.
Assets
Despite its quite short operational time on the brokerage market, the company is rich in assets and various tools to trade with ease. With over 180 assets, the broker can satisfy the needs of not only beginners but also seasoned traders. Compared to other broker companies, the list of assets offered here obviously makes it stand out.
Reliability
When it comes to data and funds safety, this company will not put its reputation at stake. It has acquired a Cypriot’s Investor Compensation Fund membership and according to its terms, the fund is ready to compensate €20,000 in case the client faces some liquidity issues with the broker company. In addition, to prevent security break and data leakage, the company uses powerful encryption technologies.
It is extremely important for newly established trading companies to earn trusted reputation and convince traders to join. That’s why, this broker is struggling hard to deliver faultless service and earn the highest marks for reliability.
Customer Support
Even though this broker is relatively new on the trading market, it serves clients in six different languages. In addition, you can contact them via e-mail or live chat and Skype. The support is available from 11 AM to 8 PM
Pros
Cons
Conclusion
BDSwiss is a good choice for both first-time and experienced traders. We would definitely recommend dealing with this broker if you are looking for a variety of features and at the same time enhanced reliability.