BDSwiss Review

| June 13, 2016 | 0 Comments

Company Overview

BDSwiss is an online brokerage firm that provides trading options for forex, indices, commodities, and Contracts for Difference (CFDs). Regulated and licensed by Cyprus Securities and Exchange Commission (CySEC), BDSwiss enables its users to trade binary options as well. BDSwiss wants to trade with traders of all types, which is why it provides free and quality educational material to its users to bring beginner traders on the same footing as experienced ones so that they can maximize their profits. It does not have any initial minimum requirements, which means that clients can start trading as soon as they register. This brokerage firm’s tight spreads, high maximum leverage, and multiple trading assets are only some of the reasons it is considered as one of the best options available in the market for forex and binary options trading.

Trading Platform

For forex trading, BDSwiss has opted for the popular MetaTrader 4 as its choice of trading platform. MetaTrader 4 provides one of the fastest online transactions with minimum slippage to its users. It also provides an extensive knowledge of the online trade market with indicators and charts. Moreover, MetaTrader 4 allows expert advisors to provide their analysis of transactions and even provide automatic trading services.

MetaTrader 4 is also quite popular because it provides mobile applications to its users on iOS, Windows Phone, and Android smartphones. These mobile apps allow traders to view the trading market on the go and make the most of the slightest variations, hence maximizing their profits without being bound to their computer screens.

For trading binary options, BDSwiss has adopted the WebTrader trading platform. The chief selling point of this platform is that it does not have to be downloaded. Clients can just log into the website and start trading within milliseconds.

Features

  • Regulated and licensed
  • Educational material available
  • Multiple trading platforms available
  • Tightest spreads from 1.2 pips
  • Various trading assets available
  • Fifth decimal: Yes
  • Leverage ofup to 1:400
  • Execution type: Market execution
  • Live chat features available
  • No minimum deposit
  • Minimum trade size of 0.01 lots
  • Maximum total trade size up to 60 standard lots
  • Maximum simultaneous open orders: 300
  • Margin call level: 50%
  • Stop out level: 20%
  • Accounts available in two currencies i.e. USD and EUR

Customer Support

The importance of customer satisfaction is not lost on BDSwiss, which is why it offers a live chat support feature on its website. This feature allows users to pitch their problems to professionals and receive expert advice in real time. Moreover, this firm’s website is available in many languages such as German, Italian, Korean, Spanish, French, Polish, Norwegian, and Danish. Due to its continuously expanding clientele, BDSwiss will also be providing services in some more languages such as Russian, Portuguese, Dutch, Japanese, and Turkish. Furthermore, customers can register their complaints and queries via phone, mail, and email.

Conclusion

BDSwiss is easily one of the best online brokerage firms available to online traders today. Its lucrative incentives and extensive customer support system saw it collect the Most Reliable Broker Award for the year 2015.

Office website: https://bdswiss.com/

Category: Forex Broker

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