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BDSwiss Welcome bonus no deposit and Voucher discount October 2020 England

Discount and BDSwiss coupons with 10% OFF with Forex platform, binary options broker and binary options October 2020 England: in the test 2020, information: deposit, withdrawal ... similar brokers. Forum: experiences, opinions | Bonus and demo account | Rewards for old and new customers

BDSwiss opened its doors to business in 2012 and, in recent years, has established itself as one of the market leaders in the Forex brokerage sector. The company behind BDSwiss is called BDS Markets and it is a registered and regulated broker that operates in the small island nation of Mauritius, off the coast of Africa, in the Indian Ocean. The BDSwiss office is located on the sixth floor of the Nexteracom building, Ebene, Mauritius.

At the end of December 2020, the company has more than one million registered merchants and facilitates around $ 11.5 billion in billing per month. The company has gained enormous popularity among Forex traders due to its aggressive affiliate marketing, which currently has some 16,500 promoters. In 2019, BDSwiss received the prestigious "Best Business Terms" and "Best Business Performance" awards from World Finance magazine.

BDSwiss has several subsidiaries worldwide and is regulated by various governments. As a true provider of ECN / STP market access for Forex traders, the company has earned a reputation for being a transparent broker offering competitive prices. If you are in the market to choose a new Forex broker, BDSwiss may have the resources to be your new broker.

*Risk alert: Trading in Forex / CFD and other derivatives is highly speculative and represents a high level of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Get independent advice, if necessary.

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    • Everything you want to know about BDSwiss
      Know 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.


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