BDSwiss Crypto-Trading - Is BDSwiss a Good Crypto Broker?
Operational from 2012, BDSwiss is recognised as one of the most reliable brokerage options for trading cryptocurrencies. Regulated by CySec, one of the reputed financial regulatory bodies, BDSwiss comes with a host of advantageous features, from an easy-to-use interface, profitable trading conditions to convenient payment options. Although widely popular for Forex/CFD trading and formerly Binary Options trading (until March 2018), this renowned broker. As an established name in the trading world, BDSwiss strives to provide its traders with a multi-functional platform, allowing them to trade a variety of assets, whether it is forex, CFDs, or digital currencies.
Overview:
- Minimum deposit: $200
- Max. Crypto Leverage: 1:5 (T&Cs Apply)
- Tradable Assets: +200
- Regulated by CySec and others
- Demo Account: Yes
Note: Your capital is at risk
BDSwiss Trading Accounts
There are two types of accounts on offer: a Basic account and a Black account. While the basic account offers the benefit of an extremely high leverage, the Black account is accessible without any commission. Much to the traders’ convenience, the leverage offered by both of these accounts is 1:400 (T&Cs Apply).
BDSwiss Trading Accounts
Trading Conditions
This is a trusted international broker offers excellent trading conditions. The user-friendly interface allows traders to operate easily. The following points summarise the important trading conditions offered by BDSwiss.
Secure Trading Option
Trading on BDSwiss is extremely secure; there are no any hidden charges or commissions and traders can expect their trades to get executed within a few second.
Tighter Spreads
The average spreads offered by BDSwiss, 1.3 for BDSwiss Basic and 1 for BDSwiss Black, are favourable for all kinds of trades.
Low Initial Deposits
Regardless of the type of account, they are using, both neophytes and seasoned traders are offered the same trading conditions. What’s more, the registration can be done in 19 different languages with a minimum deposit as low as $100 instead of $200. This is an exclusive deal only offered by us!
Profitable Pips
By registering with BDSwiss, traders can enjoy profitable pips on all the principal currency pairs. They widely recognised for tighter spreads.
Diverse Currency Options
The two types of account offered by the brokerage website provide tailored trading conditions to clients. The base currency options offered by them involve USD, EUR, JPY, AUD, and CHF.
No Upper Limits
The BDSwiss account holders, BDSwiss Basic or BDSwiss Black, can deposit any sum of money as there are no upper limits.
BDSwiss Demo Account
BDSwiss offers a demo account to its trader to try out the effectiveness of trading strategies. However, unlike other brokerage sites that offer demo account for free, BDSwiss doesn’t offer a free demo account. Traders can open a BDSwiss demo account by paying a small of $10. With minimum investment of $1, traders can expect up to 85% returns.
Trading Platforms
For crypto-trading, BDSwiss provide its clients with a Meta Trader4 platform. The best thing about this BDSwiss’ MetaTrader platform is that it offers a Virtual Private Server or VPS which is widely known for its speed and user-friendliness. With spreads as low as 1-2 pips, this brokerage option can be a boon to the newcomers.
Trading Platforms
Assets
BDSwiss offers four major types of assets for their traders, which include Forex, Commodities, Indices, and Cryptocurrency. Whether a trader holds a Basic account or a Black account, traders can trade on various currencies like USD, AUD, JPY, etc on this platform. When it comes to commodity trading, traders have myriads of assets to choose, from natural gas, gold to platinum. As for the cryptocurrency traders, BDSwiss offers three important currencies –Bitcoin, Ethereum, and Litecoin.
Crypto-Trading on BDSwiss
Cryptocurrency trading has become a popular mode of trading these days. With more and more traders investing in digital assets every day, this mode of trading has become a secure and profitable trading option. Not only does BDSwiss offer three major cryptocurrencies, Bitcoin, Ethereum, and Litecoin as trading assets, but also allow trading them effortlessly. When it comes to trading with virtual currencies, the lot size per position varies from 0.1 to 1. In addition to this, BDSwiss equips its traders with comprehensive information regarding cryptocurrency trading, from market capitalisation to trading charts and Fibonacci sequence.
Mobile Trading
Trading in MT4 platforms is fairly easy with BDSwiss’ mobile trading app. A trader can execute his/her trades from anywhere and at any point in time. This MT4 mobile app has a number of advantageous features that allows clients to trade without hassles. Some of the beneficial attributes include:
- 24/7 Support
- Access to Transaction History
- News Alerts
- Quick Access to Charts and Indicators
- Browse Real-Time Pricing
Market Analysis Tools Market Analysis Tools
At BDSwiss, account holders have the privilege to access a wide array of trading tools and educational materials which can help them get a comprehensive overview of the market trends. Needless to mention, technical analysis is the key to a successful trading strategy. As clients, the investors will have access to a wide variety of trading resources including (but not limited to):
- Market Reviews
- NewsTechnical Analysis
- Special Reports
- Analysis Videos
- Webinars
- Video Tutorials
- Seminars
- Tools
- Trade Signals
- Economic Calendar
Deposit and Withdrawals
BDSwiss is flexible when it comes to deposit and withdrawal methods. They offer a plethora of options to their clients.
Deposits
It offers a plethora of options to their clients including (but not limited to):
- Credit card
- Debit cards
- Wire transfer Skrill
- Paypal
Withdrawal
BDSwiss offers just one method of withdrawal – wire transfer.
BDSwiss offers just one method of withdrawal – wire transfer.What is more, clients may use different types of currencies to make their deposits. The currencies accepted by BDswiss include USD, EUR, JPY, AUD, and CHF.
Customer Support
One of the major aspects of a forex broker is the customer service. A reliable and trusted broker must be backed by a highly efficient in-house customer support team. As an internationally renowned broker, BDSwiss offers multilingual personal managers to all clients, both real and demo account holders, thereby traders can get in touch with their exclusive customer service team 24/7 via email, telephone, and the live chat option. What’s more, BDSwiss provides a plethora of web resources, including educational materials, webinars, video tutorials, and news flashes to its traders, which can be extremely helpful for the novice traders. One of the major aspects of a forex broker is the customer service. A reliable and trusted broker must be backed by a highly efficient in-house customer support team. As an internationally renowned broker, BDSwiss offers multilingual personal managers to all clients, both real and demo account holders, thereby traders can get in touch with their exclusive customer service team 24/7 via email, telephone, and the live chat option. What’s more, BDSwiss provides a plethora of web resources, including educational materials, webinars, video tutorials, and news flashes to its traders, which can be extremely helpful for the novice traders.
Licensing and Regulations
Nothing matters more than the security of funds. With the surge of broker websites on the internet, security is the biggest concern for trading assets, especially something as volatile as the cryptocurrency. Discernibly, BDSwiss is one of the most secure brokerage platforms available to the traders. Aside from being regulated by CySec of Cyprus (Licence number 199/13), the platform has been licensed by the US National Futures Association. In addition to this, BDSwiss has been authorised by the FSC. Nothing matters more than the security of funds. With the surge of broker websites on the internet, security is the biggest concern for trading assets, especially something as volatile as the cryptocurrency. Discernibly, BDSwiss is one of the most secure brokerage platforms available to the traders. Aside from being regulated by CySec of Cyprus (Licence number 199/13), the platform has been licensed by the US National Futures Association. In addition to this, BDSwiss has been authorised by the FSC.
Conveniently enough, the information transferred via the internet on this BDSwiss is SSL encrypted which makes this platform one of the reliable platforms for crypto trading. With a number of exciting facilities, along with the integration of the mobile app, trading cryptocurrencies on BDSwiss can be earn traders a considerable amount of profit.
Best Features
BDSwiss offers extremely attractive trading conditions for all types of accounts. Some of its lucrative features are summarised in the following points:
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Frequently Asked Questions
Yes, absolutely. BDSwiss is regulated by one of the influential regulatory bodies in the world –Cyprus CySec. Apart from this, it has also been authorised by FSC. At all rate, it is a properly licensed brokerage website.
The amount of minimum deposit for BDSwiss is $10.
Traders can open an account a new account in just three minutes. BDSwiss offers an account portal to its traders where they can log in to their respective accounts.
Yes, it offers a demo account to the traders. Traders can avail it by paying a small sum of money. With a deposit of as little as $1, they can enjoy returns up to 85 percent.
Final Thoughts
Functional from 2012, BDSwiss has evolved over the years to become a popular brokerage option for cryptocurrency trading. Not only does it offer favourable conditions for trading, it accommodates a wide range of currency pairs and trading assets. Whether traders have a BDSwiss Basic account holder or a BDSwiss Black account holder, they can exchange commodities and index CFDs on the MT4 platform. When compared to other brokerage sites, BDSwiss stands out for its highly profitable attributes. And it’s not hard to understand why it is one of the leading names in the trading world. Specialising in a wide array of worthwhile advantages, from lucrative promotions, secured transactions, MT4 trading tools to high-end customer services, BDSwiss comes across as an extremely reliable broker for trading digital assets.
Note: Your capital is at risk