BDSwiss is a regulated binary options, forex and CFDs broker that offers a range of interesting features and promotions to its traders.
The goal of BDSwiss is to create an advanced trading environment for a base of loyal traders to enjoy.
To understand how far they have gone in improving trading experience and the features in relation to the industry, read the rest of the BDSwiss review.
Account Features
As noted in the BDSwiss review intro, this binary options broker is regulated by CySEC, with licence number 199/13. We also noted they not only offer binary, but also currencies trading – forex, and contracts for difference – CFDs. There are only several, mostly high profile brokers who have modular trading platforms that enable traders to trade several types of instruments on various markets.
In addition to being regulated, BDSwiss offers a range of interesting features that help users gain better insights into the most important market moves and opportunities. BDSwiss website features a range of excellent news and reviews that keep traders updates on the latest news from the online trading industry and wider.
Market news section contains all these news and they are nicely sorted so they can be searched. This section is also organised via tags, meaning that readers can choose one tag and read about the topic more easily. While this is nothing new, the exciting part is that tags are actually assets, so traders can track assets they like more easily. Tags remove clutter. This is something we really liked during the examination for the BDSwiss review. Imagine having several types of CFDs, per asset and then trying to sort them out. Tagging really helps.
BDSwissals supports traders with the integration of the Economic Calendar, which coupled with the news section closes the minimum trading tools one needs to run the news/events trading which enables good and more secure returns on the basis of market moving when news and data reports are released. Event trading is huge in all areas, be it forex, binary or CFDs with equities. Economic calendar easily becomes your online trading calendar.
For traders who have advanced trading skills, BDSwiss arranged the so-called VIP lounge that enables traders to share experiences and interact with fellow traders using many community tools and localised chat rooms. This feature was one of our favourites in the BDSwiss review.
All traders can also take part in many competitions this broker organizes and sharpen their skills by applying a little competition. By demonstrating binary options trading skills, traders can win various rewards, badges etc.
As it is usual in the forex/CFDs market, and now more and more in the binary options, BDSwiss provides a chance to trade with virtual money. BDSwiss demo account is a great way to play with house money in order to test the platform and one own’s abilities.
Trading Software & Assets
BDSwiss Binary Options Trading Platform
In this part of the BDSwiss review we will shed some more light on the SpotOption driven trading solution and all the binary options types one can find there. The trading interface is well known since it is provided by SpotOption. This, meanwhile, for binary options, generic color profile is also one of the best and simplest despite many options and buttons presented on the interface.
The next generation platform introduces excellent customization capabilities, especially in the area of trade window presentation. Depending on the number of trades one executes at once, the trader can adjust the window in order to show one, to show a list, a table or a three-row window. This is highly practical and supportive of the trading process.
BDSwiss offers a huge selection of binary options contracts one can trade. There are several binary options types selected. Traders can choose between traditional options, Pairs, Long Term Options, super fast 60 seconds (better known as Turbo), OneTouch – the high yielding options and Ladder – the high yield options trading system. With this many possibilities it is easy to understand why we felt so positive when testing the platform for the BDSwiss review. One can set up a portfolio and the term structure of expiries however one wants.
BD Swiss Forex and CFDs trading platforms
For Forex and CFDs traders, the usual suspects are also available with BDSwiss. MT platforms – MetaTrader platforms are accessible for all types of devices – Mac, Windows, iOS, Android. On the underlying asset side, the selection is even better than with binary options, CFDs include bond trading as well.
Support Information
BDSwiss support is a truly global help desk with trained personnel that will follow trader on their quest to conquer the market from the moment they sign up. Traders can use phone,fax , chat, mail, e-mail and social networks for support.
There are 13 national phone numbers traders can dial to get support. We used mostly mail for the BDSwiss review, but we were happy to see German, Austria, Switzerland, Spain, Denmark, Sweden, Norway, Italy, Greece and more. Support is very helpful with all the inquiries and supportive when problems arise.
Banking & Company Information
For the BDSwiss banking services review we used the credit card option and this, one of the most important services brokers provide, didn’t disappoint. Banking and transfers is an essential part of binary options brokers’ business since it is the process during which traders deposit their funds to their trading accounts.
Depositing and withdrawing is fairly easy and only necessitates entering the control panel of the user account and entering one or the other form. Funds don’t always appear on the trading account nor do withdrawals show up immediately following the submission of the request. BDSwiss transparently indicates waiting times for every transfer option so we invite everyone to take a look when deciding on the best way to handle money payments with BDSwiss.
Traders can use credit cards, wire transfer, Maestro, Sofort, PaySafe, Ukash, GiroPay, and EPS. These are all trusted payment systems. In addition, all data transfers with BDSwiss are SSL encrypted. Credit Cards, Maestro and net wallets offer immediate booking of the transfers. It takes somewhat longer with wire transfer. When withdrawing, traders must wait some time for the request to be processed.
BDSwiss has 48 h withdrawal processing policy which is on the lower end of what is custom in the industry. Altogether BDSwiss lists about 2-7 days as the usual amount of time until the funds show up on traders’ account. Minimum withdrawal amount is $100 which could be lower in our opinion. Credit card withdrawals carry no fees and bank wire fee is $25.
BDSwiss is owned and operated by BDSwiss Holding Plc, registered in Cyprus with offices in Cyprus and in Germany.