Suspicious

BD Swiss

2.40 (646 Reviews)
Contact

6 Ioanni Stylianou, 2nd Floor, Flat/Office 202, 2003, Nicosia, Cyprus

Regulatory & Licensing Information:

  •  
    • 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
    •  

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

Cent Account
Classic Account
Vip Account
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

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