BDSwiss review a broker with a variety of account types

Forex Trading Leave a Comment

BDSwiss are part of a worldwide operating group with its head offices in Zug, Switzerland. The BDSwiss Group has licenses and registrations in multiple jurisdictions. Such regulation helps to give me peace of mind that I will be dealing with a secure and trustworthy broker. However, you must still be aware of the signficant risks that are involved with trading online. The Trading Academy offers new clients a well-rounded introduction to trading.

Traders can go long or short, depending on their trading strategies to try and make some money. CFD trading enables traders to earn money from trading in any direction, without physically owning the asset. We’ll discuss regulations, trading software, support, assets offered, and more.

Trading carries a high level of risk and may not be suitable for all investors. To do a range of calculations when you are in a hurry or if you are just not a fan of maths, you can use the handy Forex calculator. These can help you to prepare your trades and confirm money management.

  • BDSwiss offers diverse trading platforms, including MetaTrader 4 and 5, a mobile app, and a web-based platform catering to various trading preferences.
  • This means that funds will be returned to the initial deposit method.
  • All that you will really need to have at hand is a copy of your ID with a passport being the best choice, and a copy of a utility bill or bank statement that is within the last three months in order to prove your residence.

Forex trading on BDSwiss is available around the clock, five days a week, offering continuous access to the market. However, availability is tied to the opening hours of their respective stock exchanges for CFD instruments such as indices and shares. These instruments are active only when their corresponding exchanges are open for trading. BDSwiss maintains a comprehensive Help Center page to facilitate self-help and information gathering. Here, traders can access a wealth of articles and video content, making it easy to find answers to their questions and learn more about the platform’s features and functionalities. However, some traders have expressed their frustration due to extended verification times for proof of residency and other necessary documents.

BDSwiss Fees, Spreads, and, Commission

Designed to give you maximum control, the BDSwiss WebTrader enables you to access your account quickly and efficiently on any device. Yes, on a few different tiers of trading accounts, BDSWISS provides Islamic swap-free trading. By introducing BDSWISS to your friends and family, you can earn up to $3,000 for each referral. Additionally, you can begin your trading career with a free 30% trading bdswiss forex broker review bonus on your initial deposit on BDSWISS Premium Account, up to a maximum of 2,500 dollars, pounds, or euros. When you fulfill the trading requirements, your bonus will become completely withdrawable money. You can receive an additional margin boost on your initial deposit amount and this limited-time promotion can only be redeemed within the first 30 days after the day of your registration.

  • Trading Talks is a 10-course recurring educational webinar which is held every two weeks.
  • He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.
  • This system automatically encrypts all Internet processed credit card payments.
  • This may impact how, where and which companies / services we review and write about.
  • OCT enables withdrawals exceeding the total of prior deposits, allowing clients to access their trading profits with ease and efficiency.

Besides lots of currency pair,
BDSwiss also offers some instruments you would like to trade on, such as
Forex, Gold & silver, CFD and Crypto for your best choice. Somehow, remember that different instrument
has different trading conditions. In this case, you have to make sure that your strategy is well
suited for the instrument you chose.

Getting started on BDSwiss – Main steps

It’s about using resources today—like time, money, or assets—with the hope of getting back more in the future. For example, you might buy a financial asset now, expecting it to bring in income later or be sold for a profit. Leveraging these investments for future needs is the aim, not selling them for a profit right away.

BDSwiss

Hundreds of previously recorded webinars are also available for free. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. The potential for BDSwiss to provide a significantly more client-friendly environment is great and clearly evident.

Is BDSwiss safe?

He has an inside knowledge of how the financial markets work, thanks to roles including trader on a $750m Event-Arbitrage desk and CRO and COO of hedge funds running a variety of strategies. From stat-arb and trend-following CTA to fixed-income relative value. Firm’s he has worked at include big banks like Citi, and prominent hedge funds including D.

Education and research tools

The head of the BDSwiss research team provides high quality market insights. A minimum deposit of $100USD must be made for the 30% Deposit to be received. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information.

When it comes to trading platforms, both MT4 and MT5 are offered to traders at the broker. These MetaTrader platforms, of course, are among the top forex platforms we have seen to date. Also on offer is a proprietary web trading platform from the broker to give you a range of choices. BDSwiss keep clients’ funds in segregated accounts, which is something that increases the level of safety.

You can get free real-time trading alerts on key assets via their Telegram channel. These alerts provide buy or sell signals including stop loss and take profit levels. Be wary that past performance is by no means a guarantee of future performance. I would not blindly take any signals and do my own analysis to confirm every trade. The BDSwiss MT4 has been optimised with advanced technology to help improve its overall functionality. I dint actually notice much of a difference from any other brokers MT4.

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