Is BDSwiss trusted?

Is BDSwiss trusted?

Is BDSwiss safe? BDSwiss is considered average-risk, with an overall Trust Score of 83 out of 99. BDSwiss is not publicly traded and does not operate a bank. BDSwiss is authorized by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and one tier-3 regulator (low trust).

What happened to BDSwiss?

What has happened? In August 2021, the FCA acted to stop a Cyprus-based trading firm, BDSwiss Holding Plc, and other members of the BDSwiss Group from offering contracts for differences to UK investors. The BDSwiss Group trades using the brands BDSwiss, Swissmarkets and BDS Trading.

Does BDSwiss allow scalping?

BDSwiss offers maximum leverage of up to 500:1 and allows all trading strategies, including hedging, scalping, and copy trading.

Is BDSwiss regulated in UK?

BDSwiss are a fully regulated (CySec) broker.

Where is BDSwiss located?

Summary. BDSwiss Group operates on a near-global scale under different entities and regulators. With 200+ personnel, BDSwiss Group’s holding company is located in Zug, Switzerland and maintains its operating offices in Berlin, Germany and Limassol, Cyprus.

Does BDSwiss have inactivity fee?

BDSwiss also charges an inactive fee of 10%. BDSwiss offers a transparent spread list. The commissions which are charged are relatively low when compared to other brokers.

What is the minimum deposit for BDSwiss?

The BDSwiss minimum deposit is: $10 for a cent account or $100 for a classic account. You can also find more BDSwiss account types requiring higher minimum deposits: $3000 for the VIP account and $5000 for the raw account.

Can I have two BDSwiss accounts?

Yes, BDSwiss allows up to 5 different trading accounts, 3 Classic, one VIP and 1 Raw account. In case you already have a Classic account and wish to have a VIP or Raw account, you will need to open a new account of the desired type as no upgrade can be done.

Can you withdraw money from BDSwiss?

Committed to providing our clients with the best possible service, we process all withdrawals in a timely manner and have implemented same-day withdrawals for credit-card and visa-debit users. * Withdrawals are processed within 24 working hours by BDSwiss.

Is BDSwiss free?

Opening a trading account with BDSwiss is completely free of charge.

Is BDSwiss a regulated broker?

BDSwiss is a fully regulated CYSEC broker: BDSwiss is a trading division of BDSwiss Holding Ltd, a Company incorporated under the laws of Cyprus with incorporation no. HE300153 and regulated by the Cyprus Securities and Exchange Commission (“the CySec”) under licence number 199/13.

Does BDSwiss allow hedging?