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BDSwiss Reviews: Deposit, Demo & Binary Options Trading Info

Category: B2B News

It is important for investors to closely scrutinize the various binary options brokers and invest only in those who are reliable and trustworthy. FinancesOnline.com helps you in this quest by reviewing the leading brokers in the industry from which you can make a shortlist for your trading needs. In this article, we detail the top features and tools offered by BDSwiss.

Our research tells us that BDSwiss is an innovative broker who offers the potential for great returns. It may take some time to learn to use their platform but after that it is smooth sailing. Plus, they present a range of trading options as well as high payout rates.

You can safely trust BDSwiss with your money because they are regulated by the CySec. In addition, they are based in Germany and also regulated in other European Union areas. For this reason, they are popular among both newbies and experienced traders. The company offers excellent customer support and resolves issues promptly. Plus, they have created a multi-functional yet easy-to-use trading platform that is sure to please professional traders.

Trading Info

BDSwiss reviews reveal that this broker is one of the recommended binary options brokers both for risk-averse small traders as well as high rollers who are not shy of investing hundreds of dollars on each trade. The minimum deposit is just $10 and the minimum trade amount is $5. You can open your account in USD, GBP, or EUR.

Returns for winning trades range between 65% to 85%. Even if you lose, all your money is not totally wiped out as you can get back 5% to 10% of your investment. Therefore, it is not a total loss if you finish out of the money.

Trading Options

You can trade in over 170 assets in categories such as commodities, indices, currency pairs, and stocks. This diverse asset range enables you trade in new markets and adopt flexible strategies to sustain the excitement. The ‘Assets’ section on the broker’s website provides the opening and closing hours for each asset type.

BDSwiss is a class above ordinary binary options brokers because they enable you to trade in exotic currency pairs such as USD/SGD, USD/BRL, USD/TRY, USD/ZAR, and USD/RUB. This gives you a chance to utilize a diverse trading portfolio and strategies. The best part is you are likely to enhance your chances of winning by trading in markets that are less competitive.

Tradable Assets

These include stocks, indices, currencies, and commodities. Stocks include: Rolls Royce, Citigroup, Apple, and Microsoft. Commodities include: gold, silver, platinum, wheat, oil, sugar, and coffee. Currency pairs include EUR/GBP, USD/RUB, USD/CAD and others. In addition, you can access indices such as NASDAQ, NIKKEI225 and others.

Trading Platform

BDSwiss has adopted the SpotOption trading platform which is noted for its intuitive layout, simple interface, and lightning fast trading. Plus, trading obstacles such as delays and slippage are minimized. The platform is easy to understand and use and for these reasons it is favored by many top brokers. As it is web-based you can trade directly with a web browser and you do not have to download any software.

Trading Contracts

BDSwiss offers six types of trading contracts:

  • Call/Put
  • Pairs
  • 60 seconds
  • Long-term
  • Ladder
  • One touch

Mobile Trading

BDSwiss offers mobile apps for Android and iOS devices to enable you to trade from anywhere, anytime. The mobile version of the platform is slightly different from the desktop version in terms of location of interface elements and screen size. Apart from these minor differences all other features are the same. The app gets automatic updates on the latest trends and prices in real time, so you can switch from the desktop to the mobile version for seamless trading.

Educational Materials

BDSwiss leaves no stone unturned in its bid to educate investors. Newbies and novices can consult their well-stocked educational center to learn all about the platform’s tools as well as successful trading strategies. Their website’s education section is regularly updated with useful information by their experts who also conduct webinars, market reviews, and other training sessions. If you want personal help, contact customer support for detailed assistance on any issue any time.

Security and Reliability

BDSwiss utilizes SSL encryption to protect traders’ data and confidential information. Plus, they only accept secure payment methods such as major credit cards and wire transfer. We did an internet search but could not find any major user complaints against this broker. In addition, they are definitely reliable because they are regulated by strict European supervisory organizations.

Bonuses

BDSwiss does not offer any set bonuses. However, to sustain investor interest they announce periodical bonuses and promotions that can be attractive. So, keep your eyes open and check their website regularly to learn the latest news about upcoming bonuses and promotions.

Account Types

There is only one standard type of account. You can open it by investing just $100. Therefore, BDSwiss is recommended for beginners as well as small traders. Invest small amounts and get the hang of the system before you plunge in with bigger sums.

Banking Info

You can deposit and withdraw safely by using secure methods such as credit card, Maestro, wire transfer, PaySafeCard and others. The minimum amount for both deposit and withdrawal is $/€100. You can withdraw using the same method you selected for deposit.

Customer Support

BDSwiss reviews confirm that the broker provides top notch customer support on a 24/7 basis through phone, live chat, and email. Their agents are well trained and professional, and dedicated to quickly resolve the queries of all clients.

Summary

On the pros side, we count the popular trading platform, multilingual customer support, low minimum deposit and trade amount, wide range of assets, regulation in multiple EU countries, high payout rates, excellent training, useful mobile apps, and refunds on losing trades. We were not able to spot any major drawback in their services except that they do not currently offer a mobile app for Windows phones. To sum up, BDSwiss offers handy tools and features, and we recommend it both for beginners as well as seasoned traders.

By Jenny Chang

Senior writer at FinancesOnline who writes about a wide range of SaaS and B2B products, including trends and issues on e-commerce, accounting and customer service software. She’s also covered a wide range of topics in business, science, and technology for websites in the U.S., Australia and Singapore, keeping tabs on edge tech like 3D printed health monitoring tattoos and SpaceX’s exploration plans.

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