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BDSwiss
BDSwiss, a reputable broker in the retail forex market, has been operating since 2012. With its headquarters in Limassol, Cyprus, and regulated by CySEC, BDSwiss has gained a strong foothold in the industry. It also holds regulation from NFA (US), although it does not accept US Traders. BDSwiss offers a range of trading platforms, including the popular MetaTrader and its own proprietary BDSwiss mobile app and BDSwiss Web Trader. Traders can access a wide variety of instruments, including over 50 currency pairs, stocks, stock indexes, precious metals, commodities, and even cryptocurrencies. With a minimum deposit requirement of $100 and a maximum leverage of 400:1, BDSwiss caters to both experienced and novice traders. Additionally, they offer MAM and PAMM accounts for those interested in managed trading options. If you're considering trading with BDSwiss, it's always a good idea to read reviews from other traders to gain insights into their live trading experiences. Remember to approach the topic with a neutral perspective and make an informed decision based on your own research and risk tolerance. For more information, you can visit their website or contact their support team via email at support@bdswiss.com or by phone at 44 2036705890. BDSwiss has regional offices in various locations, and it is regulated by CySEC (#199/13), FSC Mauritius (#C116016172), and NFA (#0486419). The trading platforms available at BDSwiss include MT4, MT5, WebTrader, and MobileTrader (MobileApp). You can enjoy web trading and mobile trading on the go, ensuring flexibility and convenience. Additionally, BDSwiss offers ECN trading, allowing for direct market access and competitive pricing. With a wide range of trading instruments available, including over 50 currencies, more than 20 cryptocurrencies like Bitcoin, Litecoin, and Ethereum, and over 250 CFDs on gold, silver, stocks, stock indexes, oil, and other commodities, BDSwiss provides ample opportunities for diversification and potential profit. Traders can take advantage of various trading conditions, including the use of EAs/robots and news trading. For those interested in managed accounts and social trading, BDSwiss offers MAM and PAMM accounts. Deposits and withdrawals are made easy with BDSwiss, as they accept a range of payment
BDSwiss is a reputable forex broker that has been operating in the retail forex market since 2012. Headquartered in Limassol, Cyprus, BDSwiss is regulated by the Cyprus Securities and Exchange Commission (CySEC), ensuring that it adheres to strict financial standards and guidelines. Additionally, BDSwiss is also regulated by the National Futures Association (NFA) in the United States, although it does not accept US traders.
One of the key strengths of BDSwiss is its wide range of trading platforms. The broker offers the popular MetaTrader 4 (MT4) platform, as well as its proprietary BDSwiss mobile app and BDSwiss Web Trader platform. These platforms provide traders with a user-friendly interface and a comprehensive set of tools and features for efficient trading.
When it comes to trading instruments, BDSwiss offers a diverse selection. Traders can access over 50 currency pairs, stocks, stock indexes, precious metals, commodities, and even cryptocurrencies. This wide range of options allows traders to diversify their portfolios and take advantage of various market opportunities.
BDSwiss has set a minimum deposit requirement of $100 to open a live account, making it accessible to traders with different budget sizes. Additionally, the broker offers a maximum leverage of 400:1, allowing traders to amplify their trading positions. For those interested in managed accounts, BDSwiss provides MAM and PAMM accounts.
Pros and Cons
Pros:
- Regulated by CySEC and NFA, ensuring a high level of security and transparency
- Wide range of trading platforms, including MT4 and proprietary mobile and web platforms
- Diverse selection of trading instruments, including cryptocurrencies
- Accessible minimum deposit requirement of $100
- Maximum leverage of 400:1
- MAM and PAMM accounts available
Cons:
- Does not accept US traders
Is BDSwiss a Scammer or Not?
BDSwiss has been operating in the forex market since 2012 and is regulated by reputable financial authorities, including CySEC and NFA. These regulatory bodies ensure that the broker operates in a transparent and fair manner, providing a secure trading environment for its clients. Therefore, there is no evidence to suggest that BDSwiss is involved in any fraudulent activities or scams.
Safety Check
As a regulated broker, BDSwiss prioritizes the safety and security of its clients' funds. The broker keeps client funds segregated from its own funds, ensuring that they are protected in the event of any financial difficulties. Additionally, BDSwiss employs advanced encryption technology to safeguard clients' personal and financial information, providing a secure trading environment.
FAQs
Q: What are the minimum deposit and maximum leverage offered by BDSwiss?
A: The minimum deposit required to open a live account with BDSwiss is $100, and the maximum leverage offered is 400:1.
Q: What trading platforms does BDSwiss offer?
A: BDSwiss offers the popular MetaTrader 4 (MT4) platform, as well as its proprietary BDSwiss mobile app and BDSwiss Web Trader platform.
Q: Can I trade cryptocurrencies with BDSwiss?
A: Yes, BDSwiss provides access to a range of cryptocurrencies, including Bitcoin, Litecoin, and Ethereum.
Q: Does BDSwiss accept US traders?
A: No, BDSwiss does not accept US traders.
Q: Are managed accounts available with BDSwiss?
A: Yes, BDSwiss offers MAM and PAMM accounts for those interested in managed trading.
Leave Your Feedback
If you have any experience trading with BDSwiss, we encourage you to share your feedback on the forexroboteasy.com website. Your insights and experiences can help other traders make informed decisions about this broker.
Please note that this review is an independent assessment of BDSwiss and does not contain any personal recommendations or conclusions. The text is written in the third person to maintain objectivity and should be considered as a standalone review of the company.
For more information and to get started with BDSwiss, visit their official website or contact their support team at support@bdswiss.com or 44 2036705890.
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1 review
Although the company presents a picture of efficiency and reliability, my personal experience with BDSwiss was far from satisfying. As an introducing broker (IB) for the firm, I brought in several clients for them, but the withdrawal process was a constant hurdle. One might argue in favor of patience when it comes to online transactions. However, when it takes a week, often more, for withdrawals to be processed, one starts to question the quality of service. The delayed withdrawals were not just a one-time thing - they were consistent, and required persistent reminders; else, they would conveniently 'forget' to disburse the deposits or pay the profits. This behavior is no less than that of a dodgy operation - a stark contrast to the efficient image they try to project. BDSwiss has a knack for attributing these delays to an overwhelmingly large client base, reportedly numbering 500,000. They claim that serving such a massive clientele is the reason behind their slowed withdrawal and IB commission payments. But, it felt more like an excuse than a valid explanation, and it raised questions about their process and working methods. Can such a firm really function at its best without compromising user experience? Another troubling aspect was their approach to risk management. It seemed as though a trader's success became a cause of alarm for the company. Even the merest hint of back-to-back profitable trades would cause your earnings to be canceled. A thin veil of 'hedging' accusations conveniently justified their actions, and as a result, your account was flagged, casting a shadow on your trading journey. Lastly, their partnership deal also fell short of promised standards. Simply put, the rebates and revenue shares promised in agreement were often not met fully, if at all. Times when they are paid, it only happens due to constant reminders and a significant delay. To wrap it up, my experience with BDSwiss was marred by withdrawn profits, inconsistent payouts, and service that leaves a lot to be desired. As a result, I’d warn potential traders to proceed with caution before engaging with this broker. In a market where integrity is key, BDSwiss seems to be playing a different game altogether – a game where they appear to be the only winner.
1 review
Navigating the intricate avenues of the forex markets requires a reliable broker, unfortunately in my experience, BDSwiss hardly hits the mark. As a former Introducing Broker (IB) for BDSwiss, I've had firsthand experience in dealing with the company's questionable business practices - a not-so-pleasant voyage you might want to avoid, especially if you're a serious forex trader. One of the glaring red flags was the delay in withdrawals. The company claims a one-week timeline, however, this statement paints an overly optimistic picture. The reality is that BDSwiss holds your withdrawal request for a significant amount of time, even after you consistently remind them. This same lackadaisical approach extends to processing their clients’ profits—a highly inconvenient delay that leaves your earnings hanging in the balance. The BDSwiss claimed justification behind these delays is their extensive cliental base of 500,000, which appears as a fabricated tale to pacify their tardiness. The sheer volume of clients being handled should not serve as an excuse for inefficiency in such a competitive landscape where timely withdrawals are of prime importance. As a trader, your profitability holds great significance. Unfortunately, earning continual profits with BDSwiss flags their system. You could find profits suddenly cancelled by the company's risk desk under the pretext of hedging, which feels more like a punishment for success. Such unpredictable policies inevitably cast doubt on BDSwiss's regulatory status, raising questions on their credibility. BDSwiss’s handling of their partnership dealings leaves much to be desired. They seldom uphold their partnership agreement, often dodging payment of the rebates or revenue shares - a gross violation of trust for an IB. On rare occasions when payments were made, it was a result of constant nudging and reminders, further accentuating their negligence. In conclusion, my honest recommendation would fall in favor of exercising caution when dealing with BDSwiss, a broker which, in my personal experience, has used questionable tactics that lean towards deception. It would be wise to keep your hard-earned money and valuable time away from BDSwiss – a broker teetering on the edge of trustworthiness."
BDSwiss is a company that falls into a grey area of credibility. My experience as an Introducing Broker (IB) with BDSwiss has revealed some unsettling practices. Despite having introduced a handful of clients to the firm, the inner workings of BDSwiss leaves a lot to be desired. BDSwiss holds your capital hostage. The minimum time-in-frame they implement to process withdrawals is a week, and that is if you persistently remind them. If you fail to follow-up, you might just find your deposit and profits stuck indefinitely with BDSwiss. The company seems to use the finger-pointing strategy to cover up their sub-par operations. Allegedly, the delayed pay-outs are due to their extensive client base which, they claim, consists of over 500,000 clients. However, examining the elements closely, this seems to be merely a smokescreen, casting doubts over their regulatory standing. Moreover, BDSwiss appears intolerant of success. Show evidence of profit in two consecutive rolls, and alarm bells start ringing. Instead of applauding their client's shrewd maneuvers in the market, BDSwiss' risk desk takes offense. Accusations of hedging will soon follow and your account might end up flagged. As an IB, the partnership with BDSwiss has been far from rewarding. They fail to adhere to their end of the agreement, withholding the agreed rebates and revenue shares in several instances. Even when they do pay, it happens after numerous delays and constant reminders, highlighting a lack of professionalism. In conclusion, discernment is key when dealing with firms like BDSwiss. My experience suggests it's best to tread with caution or better yet, steer clear altogether. Maintaining financial security and trustworthiness within financial markets should be paramount, and based on my experience, BDSwiss doesn't make the cut. Please, save yourself the trouble and avoid entanglement with this brokerage firm!
1 review
Sailing through the sea of forex trading, you might come across many brokers vying for your attention. One such name that notably stands out is BDSwiss, a company that claims to house half a million clients. However, upon a closer inspection, I have found this to be a rocky ship to board. As an Introducing Broker (IB) previously affiliated with BDSwiss, my firsthand experience necessitates an alert to potential investors. The smooth sailing initially promised by BDSwiss can quickly transform into a long, frustrating wait for withdrawals. Their touted minimum withdrawal period of one week can easily escalate into an undefined frustrating delay. This is not without relentless reminders from their clients. Without these consistent nudges, promises of deposits and profit payments can evaporate into thin air. BDSwiss justifies this sluggishness by citing their massive client base. But is the claim of serving 500,000 clients an accurate justification or just a covert attempt to cover up inefficiency? This gave rise to my doubts about their regulatory status. An organization with such size should theoretically have streamlined procedures to handle funds effectively. Moreover, BdSwiss seems to bear an intolerable fear of losing. When a client starts to navigate the volatile waves of trading and turns profitable consistently, suspicions are raised. Watch out as their risk department might accuse you, seek you out, and flag your account. They might cloak their insecurities under the charge of 'hedging', creating a scenario that could potentially lead to your profits being scrapped away. Furthermore, BDSwiss's shenanigans do not end there. Navigating through their partnership agreement is akin to a journey strewn with broken promises. Rebates and revenue shares brilliantly stated on-paper are often left unpaid. And, on the rare occasion they do pay, it's most definitely after a significant delay and numerous reminders. I encourage you therefore, to navigate with caution. The investment world is vast, and there are many reliable brokers out there who prioritize transparency and punctuality. Unfortunately, my experience affirms BDSwiss does not fall into this category. My prudent advice to everyone sailing in these turbulent waters of forex trading is to steer clear of this questionable broker--BDSwiss. Don't allow yourself to be swept up by the sweet whispers of enticing profits, only to find yourself marooned in a sea of disappointment and frustration.