BDSwiss Review

BDSwiss Overview

BDSwiss (official website) offers both Binary Options and spot Forex trading. It is regulated by CySEC (Cyprus Securities and Exchange Commission) under license number 199/13 and is located at Loanni Stylianou 6, 2^nd Floor, Flat/Office 202, 2003-Nicosia, Cyprus.

Figure; BDSwiss CySEC Regulation

Forex

Trading Conditions

BDSwiss offers spot Forex trading on various assets and variable spreads starting from 1.2 pips. It also offers a pricing up to 5 decimal places on the trading platform. Below are more conditions offered by BDSwiss Forex for trading;

• Assets; Forex, Indices, Commodities and CFDs
• Maximum leverage; 400:1
• Execution; Market execution
• Minimum deposit; none
• Minimum trade size; 0.01 lot
• Minimum trade size increment; 0.01 lot
• Maximum total trade size; 60 lots
• Maximum open trades; 300

Platforms; Trading Forex on BDSwiss is available on Metatrader 4 Desktop, Metatrader 4 Web and Metatrader 4 mobile applications.

Binary Options

BDSwiss offers up to 6 types of binary options as discussed below;

Binary Options (Classic); these are standard options with an expiration period of 15 minutes to the end of the day.

Pairs; this option involves two assets where the trader has to select which asset will perform better than the other before the expiry time.

Long term options; these are the classic options but with a longer expiry period ranging from a few days to several months.

60 seconds; these are options with a very short expiration period e.g 60secs, 90secs, 120secs, 180secs, or 300 seconds.

One Touch; Traders of this type of option choose a barrier either below or above the current market price and predict whether the price will touch the level before the expiry time.

Ladder; The trader is given 5 levels at equal distances from each other and is required to predict whether the price will be above or below each of these levels at expiry.

More Features of BDSwiss Binary Options;

Sell; the BDSwiss binary options platform gives you a price that you can sell your option before expiry. This feature is available 15 minutes to expiry time and any time the trade is open for 60 seconds options.

Double up; this similar allows traders to open a similar position to an already opened on in terms of bet size, expiration and instrument.

Rollover; this feature extends your current expiry time to the next available expiry period giving your trade an extra time window to go into the profit territory. This feature can only be activated 15 minutes or more to expiry time. Unlike other binary option brokers; BDSwiss does not charge a fee for this feature, alternatively, it increases the initial investment by 30% e.g. if the initial trade was $25, it will be increased to $32.5 after using this feature with no change in payout….see more about Binary Options Features (Sell, Rollover, Double Up)

Binary Options Trading Platforms

BDSwiss uses the SpotOption binary options web trading platform as well as mobile trading applications for Android and iOS.

 Figure; BDSwiss Web Based Binary Options Trading Platform

Features of Binary Options Web Trading Platform;

Pros

• Candlestick and line charting available
• Simple and easy to use
• Web based
• Trader sentiment meter available
• Multi-timeframes for charts
• Open positions can be viewed
• Transaction history can be viewed

Cons

• Limited charting area
• Technical indicators are not available
• Drawing tools for technical analysis are not available

Binary Options Mobile Application features

Figure; BDSwiss Binary Options Mobile Trading Application

• 24/7 trading
• Simple interface
• Easy to use
• Synchronization with your BDSwiss account
• Live chart feeds
• Available in multiple languages

Deposits and Withdrawals

 BDSwiss accepth these payment systems: Bank Transfer, Credit Cards, Skrill, Neteller, Giropay, Sofort, iDeal, eps

Education

BDSwiss offers regular live seminars, online webinars for all level traders, and daily market analysis. It also has the BDSwiss traders’ blog which has numerous educative articles and news.

Awards; “Most Reliable Broker for 2015”, by FX Empire on February 2016.

BDSwiss – Pros and Cons

Pros

• Both Binary options and spot Forex trading are available
• Desktop, web, and mobile MT4 platforms for Forex trading
• Multiple assets for both binary options and Forex trading
• Up to 6 binary options types
• High payouts for One Touch binary options
• Regulated broker
• Multiple payment methods
• Multi-lingual support

Cons

• Only one account type is available
• No desktop platform for binary options trading
• No running bonuses, promotions or tournaments

Customer Support

BDSwiss Support available via:

• “Contact-us” web form,
• Phones
  • Germany:+49 (0)691 75 36 48 10
    
  • Austria:+43 72 0775151
  • Spain:+34 91 0602455
  • Norway:+47 21 930569
  • Sweden:+46 81 2410637
  • Denmark:+45 78 755991
  • Italy:+39 02 87368390
  • Poland:+48 22 1284958
  • Greece:+30 21 12340029
  • Slovenia:+38 62 7074116
  • France:+33 17 8900647
  • Finland:+358 93 1583202
  • South Korea:+82 70 47326757
  • United Kingdom:+44 20 37691426
  • Australia:+61 29 0984771
  • Switzerland:+41 43 5500220
• LiveChat
• emails: Support support@bdswiss.com Marketing marketing@bdswiss.com Investor Relations investorrelations@bdswiss.com

Conclusion

BDSwiss is a regulated broker offering both Binary Options and Forex trading. Trading on these two types of financial instrument on BDSwiss is offered on two different trading platforms; Metatrader 4 for Forex trading and SpotOption web based platform and mobile app for Binary Options. BDSwiss has more flexible trading conditions for Binary Options than those it has for Forex trading.

Traders, What you think about “BDSwiss ” ?

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