Suspicious
BD Swiss
Contact
6 Ioanni Stylianou, 2nd Floor, Flat/Office 202, 2003, Nicosia, Cyprus
Regulatory & Licensing Information:
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- Regulatory Authorities:
- Financial Services Authority (FSA) of Seychelles
- Financial Sector Conduct Authority (FSCA) of South Africa
- Financial Services Commission (FSC) of Mauritius
- License Numbers:
- FSA Seychelles: SD047
- FSCA South Africa: 46614
- FSC Mauritius: C116016172
- Status: Active
- Regulatory Authorities:
Verification:
- Broker's Claims: BDSwiss asserts that it operates under multiple regulatory licenses, ensuring compliance with international financial standards.
- Verified Information: Independent reviews confirm BDSwiss's regulatory status with these authorities. However, it's important to note that while the FSCA and FSC are recognized regulators, the FSA of Seychelles is considered an offshore regulator, which may not provide the same level of oversight as top-tier regulatory authorities.
Regulatory Warnings:
- Issuing Body: Financial Conduct Authority (FCA) of the United Kingdom
- Date of Warning: August 2021
- Details: The FCA restricted BDSwiss from offering high-risk investment products in the UK, stating that the firm was providing services without proper authorization.
Client Feedback
BDSwiss has received mixed reviews within the trading community. Some clients appreciate the broker's diverse range of trading instruments and educational resources, while others have raised concerns about withdrawal processes and customer support efficiency
Tags:
Withdrawal Issue
Account & Cost
Trading Platforms | MT4,MT5,Webtrader,Bdswiss Mobile app |
---|---|
Minimum Deposit | $10 |
Deposit Options | Bank Wire, Credit/Debit Card, PAYO, Korapay, OZOW, MPESA, Airtel, Vodafone, MTN, Airtel Tigo, Orange Money, PromptPay, VietQR, DuitNow, PayMaya, GCash, Pix, Beeteller, Cryptowallet |
Withdrawal Options | Bank Wire, Credit/Debit Card, PAYO, Korapay, OZOW, MPESA, Airtel, Vodafone, MTN, Airtel Tigo, Orange Money, PromptPay, VietQR, DuitNow, PayMaya, GCash, Pix, Beeteller, Cryptowallet |
Max Leverage | Up to 1:2000 |
Minimum Trade Volume | 0.01 Cent Lot |
Margin Call Level | 50% |
Stop Out Level | Not specified |
Commission | None on Forex pairs; $2 on indices; 0.15% on shares |
Spread Type | Variable, starting from 1.6 pips |
Account Currencies | USD, EUR, ZAR, GBP |
Trading Instruments | Forex pairs, commodities, indices, shares, cryptocurrencies |
Special Promotions | NA |
Additional Features | NA |
Customer Support | Available 24/5 via email, live chat, and phone |
Islamic | ✔ |
EA | ✔ |
Hedging | ✔ |
Scalping | ✔ |
NBP | ✔ |
Trading Platforms | MT4,MT5,Webtrader,Bdswiss Mobile app |
---|---|
Minimum Deposit | $10 |
Deposit Options | Bank Wire, Credit/Debit Card, PAYO, Korapay, OZOW, MPESA, Airtel, Vodafone, MTN, Airtel Tigo, Orange Money, PromptPay, VietQR, DuitNow, PayMaya, GCash, Pix, Beeteller, Cryptowallet |
Withdrawal Options | Bank Wire, Credit/Debit Card, PAYO, Korapay, OZOW, MPESA, Airtel, Vodafone, MTN, Airtel Tigo, Orange Money, PromptPay, VietQR, DuitNow, PayMaya, GCash, Pix, Beeteller, Cryptowallet |
Max Leverage | Up to 1:2000 |
Minimum Trade Volume | 0.01 |
Margin Call Level | 50% |
Stop Out Level | Not specified |
Commission | None on Forex pairs; $2 on indices; 0.15% on shares |
Spread Type | Variable, starting from 1.3 pips |
Account Currencies | USD, EUR, ZAR, GBP |
Trading Instruments | instruments, including Forex pairs, commodities, indices, shares, cryptocurrencies |
Special Promotions | NA |
Additional Features | NA |
Customer Support | 24/5 via email and live chat |
Islamic | ✔ |
EA | ✔ |
Hedging | ✔ |
Scalping | ✔ |
NBP | ✔ |
Trading Platforms | MT4,MT5,Webtrader,Bdswiss Mobile app |
---|---|
Minimum Deposit | $250 |
Deposit Options | Bank Wire, Credit/Debit Card, PAYO, Korapay, OZOW, MPESA, Airtel, Vodafone, MTN, Airtel Tigo, Orange Money, PromptPay, VietQR, DuitNow, PayMaya, GCash, Pix, Beeteller, Cryptowallet |
Withdrawal Options | Bank Wire, Credit/Debit Card, PAYO, Korapay, OZOW, MPESA, Airtel, Vodafone, MTN, Airtel Tigo, Orange Money, PromptPay, VietQR, DuitNow, PayMaya, GCash, Pix, Beeteller, Cryptowallet |
Max Leverage | Up to 1:2000 |
Minimum Trade Volume | 0.01 |
Margin Call Level | 50% |
Stop Out Level | Not specified |
Commission | 0.15% on shares |
Spread Type | Variable, starting from 1.0 pips |
Account Currencies | USD, EUR, ZAR, GBP |
Trading Instruments | Forex pairs, commodities, indices, shares, cryptocurrencies |
Special Promotions | NA |
Additional Features | Prioritized support; personal account manager; access to real-time trading alerts |
Customer Support | Available via email and live chat |
Islamic | ✔ |
EA | ✔ |
Hedging | ✔ |
Scalping | ✔ |
NBP | ✔ |