General Information
BDS Markets is an investment firm, incorporated in the Parliamentary Republic of Mauritius (Company Number: 143350) BDSwiss.com is operated by BDS Swiss Markets Global Services Ltd which is the primary payment provider and website operator. BDS Swiss Markets Global Services Ltd is acting on behalf of its related company, BDS Markets. BDSwiss is home to over 1.3 million accounts, over 30 billion in average monthly Forex volume (as of 2019 figures). Forex and commodity trading remains commission-free. Commodities, indices, and equity CFDs are acceptably priced. Registered address: BDS Markets, 6th Floor, Tower 1, Nexteracom Building 72201 Ebene – Mauritius.
Regulatory Information
Bdswiss Holding Plc, authorized and regulated by the Cyprus Securities and Exchange Commission (CYSEC), with Regulatory License No. 199/13
BDS Ltd, authorized and regulated by the Seychelles Financial Services Authority (FSA), with Regulatory License No. SD047
Market Instruments
In BDSWISS, traders can trade 50 major currency pairs, minor currency pairs, and minor currency pairs. The most popular commodities include crude oil, natural gas, and noble metals against major currencies, hundreds of share CFDs from the world's largest exchanges, and the world's leading indices products, all popular digital currency products, including Bitcoin and Litecoin, Ripple, and Ethereum CFD and ETF trading.
Minimum Deposit
There are four types of accounts available: classic account, VIP account, and raw spread account, and the InvestPLUS account. The minimum deposit for a classic account is $100, quite affordable for most regular traders, while the initial deposit soars to $3000 for the VIP and the Raw Spread account, not good options for new traders.
Account Opening
An online application processes new account openings per industry standard. BDSwiss notes the process takes less than 49 seconds to complete. It will grant new traders access to the back-office from where accounts require verification, as stipulated by regulators to satisfy AML/KYC requirements. New traders must submit a copy of their ID and one proof of residency document to complete the account opening process, together with two questionnaires.
Leverage
In terms of trading leverage, European clients can now use only a maximum leverage level 1:30 for Forex instruments, and the global BDSwiss traders may be still entitled for a higher range of up to 1:500
Spreads & Commissions
BDSwiss Classic and VIP account fees are all included in the spread spreads and commissions charged when conducting trade and vary according to the account type you select. Classis spread are starting from 1.5 pips and VIP feature lower conditions with a spread from 1.1 pip.
Trading Platform
BDSWISS TRADER MT4 is the perfect equipment for traders who wish to enter the financial market. The platform provides all the necessary tools and resources to analyze the price trends of financial products. And it also can conduct and edit transactions, and create & use automated trading programs (intelligent transactions, EA). Through this highly personalized platform, traders can tailor the trading environment based on their preferences and trading strategies. The platform has many advantages, including support for multiple languages, a real-time summary of customer accounts, including account equity, floating profit and loss, etc. MT5 is currently the world's most advanced MetaTrader platform, providing all the cutting-edge technology of MT4, and has more advanced trading tools and indicators, allowing traders to more easily manage transactions and use cutting-edge analytical tools to make more informed trading decisions. Both platforms are compatible with the BDSWISS web trading platform and mobile APP.
Deposit & Withdrawal
BDSWISS works closely with leading and secure payment providers to allow customers to deposit funds most conveniently. The minimum deposit for a classic account and raw STP account is $200. Payment options include Visa, Mastercard, wire transfer, Neteller, Skrill, Maestro DotPay, Giropay, online banking, etc. The handling fees are borne by the company. Withdrawal methods include Visa, Mastercard, Neteller, Skrill, and online banking. The company will bear the handling fees, and the withdrawal application will be processed within 24 hours.
Customer Support
A multilingual customer support that is available 24/5 is easily reached via e-mail, webform, phone, WhatsApp, Telegram, or live chat; a callback option is also available. In general, BDSwiss comes across as a well-managed brokerage, and traders are unlikely to require assistance. In case the need does arise, this broker has made accessibility a high priority. An FAQ section attempts to answer the most common questions.
