Is BDSwiss a safe broker?
BDSwiss has good reputation and user friendly trading conditions, there is good choice between trading platforms, account opening is fast and customer service is great quality with education and research tools.
What happened to BDSwiss?
What has happened? In August 2021, the FCA acted to stop a Cyprus-based trading firm, BDSwiss Holding Plc, and other members of the BDSwiss Group from offering contracts for differences to UK investors. The BDSwiss Group trades using the brands BDSwiss, Swissmarkets and BDS Trading.
Is BDSwiss Licenced?
BDSwiss has been regulated by CySEC (license 199/13) since 2013. BDS Markets is authorised and regulated as an Investment Dealer by the Mauritius FSC on 06/12/2016 (License No. C116016172)
Does BDSwiss allow scalping?
BDSwiss does allow you to engage in both scalping and hedging, while algorithmic trading is facilitated through use of the EAs feature on your MT4 trading platform.
Is BDSwiss UK regulated?
The BDSwiss Group used the fact that one of its firms was regulated in the UK to convey legitimacy on the group as a whole. However, 99% of UK consumers taken on by the group traded through the group’s overseas entities.
Can I use BDSwiss in UK?
BDSwiss does not accept clients from the UK.
Is BDSwiss regulated in UK?
BDSwiss is regulated by CySEC, FSC, and the FSA-Seychelles….BDSwiss Review.
| 🏦 Min. Deposit | GBP 100 |
|---|---|
| 💱 Instruments | Forex, Stock CFDs, Indices, Commodities, Cryptocurrencies |
Can you use BDSwiss in UK?
The FCA has required BDSwiss Holding Plc to stop conducting any regulated or marketing activities in the UK and has directed it to take all reasonable steps to stop other members of the BDSwiss Group doing the same. It has also ordered the firm to close all trading positions and return the money to customers.
Does BDSwiss have inactivity fee?
BDSwiss charges high inactivity fees. If your account is dormant for over 90 days, clients are charged a monthly account management fee of 10% of the account balance.
Why was BDSwiss banned from UK?
The regulator has banned BDSwiss from offering high-risk CFDs to UK investors after identifying serious concerns over its sales and marketing practices. The FCA has blocked a Cypriot-based firm, BDSwiss, from offering high-risk contracts for differences (CFDs) to UK investors.
Can I withdraw all my money from BDSwiss?
Withdrawing. All withdrawal requests will be processed within 48 working hours. BDSwiss does not charge any fees on credit card withdrawals that are equal to, or less than the sum of your previous deposits.
What is the minimum deposit for BDSwiss?
The BDSwiss minimum deposit is: $10 for a cent account or $100 for a classic account. You can also find more BDSwiss account types requiring higher minimum deposits: $3000 for the VIP account and $5000 for the raw account.
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