What is BDSwiss?
BDSwiss is an online brokerage firm that offers trading services in Forex, CFDs, and various other financial instruments. The broker is known for its educational resources and user-friendly trading platforms.
When Did It Start Operating?
BDSwiss was founded in 2012.
Where Is Its Headquarters?
The company is headquartered in Zurich, Switzerland.
In Which Countries Is It Restricted?
BDSwiss may be restricted in certain countries, particularly in regions with stringent financial regulations, such as the United States and some countries within the European Union. Always check their official website for the latest restrictions.
Advantages:
- Regulation: BDSwiss is regulated by multiple authorities, including the Cyprus Securities and Exchange Commission (CySEC), providing a level of security for traders.
- Variety of Account Types: Offers different account types tailored to various trading styles and experience levels.
- Educational Resources: Provides extensive educational materials, including webinars and tutorials.
- Multiple Platforms: Access to several trading platforms, including MetaTrader 4 and their proprietary web-based platform.
Disadvantages:
- Withdrawal Fees: Some withdrawal methods may incur fees.
- Limited Cryptocurrency Options: Fewer cryptocurrency trading pairs compared to some other brokers.
- High Spreads on Certain Accounts: Spreads may be higher on standard accounts.
Which Instruments Can I Trade?
You can trade a diverse range of instruments, including:
- Forex pairs (major, minor, and exotic)
- Commodities (such as gold, silver, and oil)
- Indices (like the S&P 500 and DAX)
- Stocks (shares from various international companies)
- CFDs on cryptocurrencies
What Is the Trading Fee?
BDSwiss charges spreads, which vary by account type. Spreads can start from as low as 1.5 pips on certain accounts. Commission fees may apply for specific trading conditions.
Does It Allow Scalping?
Yes, BDSwiss permits scalping, making it suitable for traders who employ high-frequency trading strategies.
Is There a Trading Platform?
Yes, BDSwiss offers multiple trading platforms, including:
- MetaTrader 4 (MT4)
- A proprietary web-based trading platform
Is Margin Trading Available?
Yes, BDSwiss offers margin trading with leverage options that can reach up to 1:500, depending on the asset class and account type.
