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Everything you want to know about BDSwissKnow everything about Voucher codes, offers and discounts atBDSwiss
Trading services: Types of currency trading accounts offered by BDSwiss
BDSwiss primarily offers three different trading accounts to meet the different needs of investors. All three accounts offer basic features such as leverage of up to 500: 1 and over 250 financial assets, the ability to protect your positions, commission-free ECN trading facilities and the same trading platforms. However, the main difference between these three accounts is the fee structure. Also, depending on the amount of investment you want to make with BDSwiss , the broker offers some additional benefits to top tier customers.
The first account offered by BDSwiss is called a Basic account and, as the name implies, it is aimed at novice traders who want a fixed margin account with a predictable fee structure. The basic account offers traders the ability to trade from micro lots (0.01 lots worth 1,000 units of coins) and up to 50 lots.
The second account, Raw Spread, offers variable spreads, but the minimum spread for pairs like EUR / USD starts at just 0.3 pips, where the basic account charges 1.5 pips for the same currency pair. The Raw Spread account is a subscription account that requires a monthly subscription to which you register for the "Raw Grow" or "Raw Pro" accounts, depending on their monthly trading volume: monthly subscription fees of € 29 / month and € 79 / month, respectively, is what allows operators to access extremely tight spreads and all with zero commissions. This is a very unique and innovative offering, likely to appeal to a variety of trading styles, and BDSwiss also offers low-volume experimental access to Raw accounts through a € 1 / month Raw trial account.
The third account offered by BDSwiss is called Black and is basically designed to attract high-value Forex traders who demand a more premium service, such as VIP trading sessions, real-time trading alerts, dedicated account manager and order priority. transactional. . The Black account offers these additional services, but traders end up paying more in spreads, as the average spreads of a pair like EUR / USD, with the Black account, start at 1.1 pips, well above the 0.3 pips of the Raw Account Spread. The Black account also has the same more than 250 tradable assets as the other two accounts. Also, remember that the minimum lot size that you can trade with the Black account is set to 0.1 lots or a Mini lot worth 10,000 units of coins.
BDSwiss generally requires a minimum deposit of $ 100 to open an active account, but free demo accounts do not have an expiration date. So if you're still unsure of the viability of your trading strategy, you can use a demo account for as long as you like before depositing $ 100 into your live account at BDSwiss .
Trading and technology platform
As an STP / ECN broker, we were surprised to find that BDSwiss did not invest to obtain a cTrader license, but only offers the MetaTrader 4 platform for the Raw Spread account. However, if you have chosen to open a Basic or Black account, you can also access the market through the latest MetaTrader 5 platform.
However, MetaTrader 4 and 5 platforms are very capable software for Forex traders. Both platforms come with over 50 internal technical indicators that you can use to develop your custom trading system and conduct a backup test using the free strategy tester.
Additionally, MetaQuote, the company behind MetaTrader, manages a marketplace where you can buy thousands of ready-to-use automated trading strategies, as well as custom technical indicators to enhance your competitive advantage.
With MetaTrader 4, traders get more options for custom indicators and automated trading algorithms as the platform has been in service for much longer and the trading community has been developing these tools for over a decade. However, the latest MetaTrader 5 platform brings many new types of orders that are beneficial to discretionary merchants. Furthermore, the improved software architecture of the MT5 platform is more stable.
As MetaQuote has stopped offering MT4 licenses to new brokers, it is recommended that you try to migrate your existing automated systems to MT5 to test your strategies in the future. However, since BDSwiss does not offer the MT5 platform for the Raw Spread account, trading on the latter platform would be relatively expensive with this broker.
BDSwiss offers remote access to your Forex broker account through the MetaTrader WebTrader platform. Plus, you can also download the BDSwiss mobile apps for Android and iOS devices to trade on the go.
Customer service and support
BDSwiss has one of the most diverse multilingual support teams in the Forex industry. The site is translated into 22 languages, and merchants can call 10 different phone numbers strategically located in different parts of the world to serve customers in multiple languages.
In addition, BDSwiss currently offers telephone support in German, Italian, Spanish, French, Greek, Swiss, and Portuguese.
We are delighted to discover that BDSwiss has invested to provide customer support through various non-traditional channels. In addition to sending an email to customer service at [email protected] or requesting a callback from your broker, you can also use a live chat feature on the website during market hours. Also, support for BDSwiss can be achieved using popular chat apps like WhatsApp and Telegram.
During our customer service test, we found that the BDSwiss support team was extremely helpful and knowledgeable. In fact, BDSwiss is perhaps the only Forex broker that employs full-time market analysts to assist traders with difficult technical analysis queries. Furthermore, we consider the vast educational resources available to BDSwiss customers to be very useful for beginning traders.
Deposit and withdrawal methods
BDSwiss does not impose any deposit fees, regardless of the selected payment method. However, we believe that the BDSwiss withdrawal policy is quite expensive, since if you withdraw less than $ 100, you will have to pay a fee of $ 10, which is more than 10%! Also, to prevent customers from making small withdrawals that increase unnecessary staff stress, BDSwiss imposes a $ 10 fee for all other withdrawal methods (under $ 20). However, this does not include credit card withdrawals as a refund.
Although we did not find information about any third party electronic payment services on the BDSwiss website, our research suggests that they accept deposits and withdrawals through AstroPay, FasaPay, Giropay, Globe Pay, iDEAL, iSighthis, Neteller, Rave, Skrill and SOFORT .
The bottom line
Regarding regulation, BDSwiss has its clients practically covered, as they are regulated by the financial authorities of Mauritius and Cyprus. However, we find it interesting that although they have a company registered in the United States and are also registered with the United States National Futures Association, they do not currently accept clients from the United States. However, BDSwiss serves Forex traders from most of the world, including the main markets in Europe and Asia, as well as Australia.
As a Direct Processing Forex (STP) broker , BDSwiss has consistently grown among traders looking for a little more from their broker than the more competitive rate structure and low margins. Although they don't charge any commission for ECN accounts, the spreads are quite high, unless you don't mind exchanging your subscription-based Raw Spread accounts with the MetaTrader 4 platform.
Vouchers to save at BDSwiss
Looking for promotional codes and vouchers to shop and save at BDSwiss? Check out our website for the latest coupon codes! We update the available list on a daily basis to ensure that you get to save when shopping online. To get the best and latest promotional codes, browse to the top of this page.
We are dedicated to helping our loyal visitors get discounts from as many online shops in the UK as possible. We have listed over 20,000 online shops based in the UK on our website each with a wide range of vouchers and coupon codes.
You will notice that there are vouchers for specific products and there are those for an assortment of products. Each of these vouchers can be used in the UK. We also offer promotional codes from brands and stores in China, Brazil, and Europe. This way, our loyal visitors will save when shopping internationally.
To find voucher codes on our website, we have selected the best voucher codes for BDSwiss and placed them at the top of this page. As a result, we have saved time for our loyal visitors. So, if you are shopping at BDSwiss, use coupon codes from our website. That way, you will save and enjoy your shopping experience.
What is a BDSwiss voucher code?
This is a unique code generated by a computer algorithm designed to offer you discounts on your next order. Also referred to as a promotional code, discount code or promo code, online stores from around the world use the alphanumeric code to offer discounts to their customers.
How can I use BDSwiss discount code?
Our voucher codes can be used in two ways. In method one, click 'SHOW CODE', copy and paste it into your shopping cart. Method two is where you click on 'VIEW OFFER' and you should be directed to the webshop. Here, the discount will be applied immediately.
How to locate voucher codes at 1001vouchercodes.co.uk?
Start by looking for your favourite store using the search function at the top of this page. If you are in search of a specific brand or product, type the name in the search bar. You can use the following function 'CATEGORIES' or 'SHOPs A-Z.'
You can also copy the voucher from BDSwiss by clicking at 'VIEW OFFER' or 'SHOW OFFER.'
If the voucher code is not showing, copy it by clicking 'COPY'. If the modal is not showing, click on the big blue button with the label 'VISIT BDSwiss.'
At BDSwiss, you can select one or more products and add them to your shopping cart. Once you are done shopping, take a close look at the shopping cart for the space made available for your promo code. Before checkout, enter the discount code in the space provided and it should be applied automatically.
Check to ensure the voucher code is added correctly. If the voucher is not valid, then it has expired. In addition, the voucher may be valid for another product. In such a case, get another voucher code that applies for that product. Don't forget to read the terms of the discount code.
If you are successful in applying the code, share our website, voucher codes, promotional codes and offers with family and friends so that they can save too.
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