BDSwiss broker is the fastest developing broker from Germany, and its activities are more oriented to the Western European countries. BDSwiss is a registered trademark of BDSwiss Holding PLC. BDSwiss Holding PLC is licensed an authorized by CySEC (The Cyprus Securities and Exchange Commission) under the license № 199/13. Like most other brokers in the field of binary options, this company is considered to be one of the youngest. Therefore, it remains only to marvel at the pace of thecompany's development and the growth of its market share. It is a trading platform with an excellent reputation among the experienced brokers. Traders choose BDswiss for various reasons, such as, the provision of market data (market review and changes, economic calendars), training of traders, VIP-zone where you can share your shopping experiences, promotions and bonuses, customer support on a 24 hour / 7 days a week in your native language.
BDSwiss is a popular and innovative platform, which offers its clients trading binary options with available assets in the most convenient for the customer means. The high profitability of investment is complemented by the ease of use of the platform and pleasant bonuses.
BDSwiss.com review – Binary Trading
BDSwiss relies on third-party platform SpotOption, though many other large brokerage companies trust SpotOption too. In this BDSwiss review the most important that we should admit about the SpotOption platform - is the ease of navigation and high intuitive interface. At the BDSviss forum people say that one of the shortcomings of the broker is the absence of the practice account. But perhaps, after a time, thecompany will provide BDSwiss demo as one of its advantages.
More than 174 assets are available there and it is really a big amount nowadays. Assets are divided into 4 sections like Currency pairs, Commodities, Stocks and Indices and traders can view the whole asset list together with expiry rules, trading hours and the general information about assets in Asset Index on BDSWiss broker's web-site.
BDSwiss offers customers 6 types of options for trading and the percentage payouts depend on the type of option. For example, One Touch options offer the highest amount of return that is around, an astonishing 600% from the initial investment. Other trades offer 65% till 85% returns for successful trades. In case of “out of the money” trades investors can get 5-10% payouts from this broker. Let's list these options types in our BDSwiss.com review:
Traditional High/Low (Call/Put) Options
It is the most popular and easiest type of options for trading. Users have to predict the direction of the asset price within the certain timeframe called the expiration period. They choose “High” if they believe the asset price will rise above the current rate and “Low” if they believe the price will fall below the current rate within expiration period.
60 Second Options
They are options with expiration periods of 60 seconds. Thus, Investors aim to predict the direction that the price of an asset will move towards within 60 seconds, in order to be “in the money”. You can trade this option type with the minimum required investment - only $5.
One Touch Options
This type of options seem to be very attractive for traders because they offer very high payouts but are extremely challenging at the same time. Here, investors have to decide whether the price of an asset will reach (touch) the certain strike price at least once within the expiry time.
This option type allows traders to set the strike prices range of the same intervals as the ladder. At each level, you need to determine, whether above or below the strike price of the asset will be at a certain time.
Long-term options, in essence, are the same binary options as the classic (which are also called "Call/Put" or “High/Low”), but only with longer expiration dates.
BDSwiss offers its customers a few unique features to make their trading more profitable.
Double Up: This great feature gives customers a chance to double their investment sum. This mode should be used only in case when they believe the trade will expire “in the money”.
Rollover: Is an effective stop loss strategy that helps you to postpone the expiration period of the trade with the chance to finish it with a profit. Using this feature traders get 30% higher returns in successful trade.
We should admit in BDSwiss.com Review that the registration at BDSwiss seems to be extremely simple. After opening a new account clients have to make the first deposit to start trading for real money. Unfortunately, the broker does not have a BDSwiss demo yet, so practicing your skills without the use of a real currency is unavailable. BDSwiss has one of the lowest minimum deposits required, which is 100€, and it is ideal for those who are not sure about investing lots of money at the very beginning. Customers can invest 5€ on 60 Second trades and 20€ on other types of trades. The minimum size of the option at BDSwiss platform is limited to 5€ - not much in comparison with other brokers. It is acceptable for novice traders who seek to trade slowly and do not invest a lot of money. So, with the initial deposit of 100€ that is set by the broker, you are able to buy 20 options on the basis of a minimum investment for 1 option. There is no fee for Credit Card withdrawals, but for wire withdrawals it is 25€. There is the minimum amount to withdraw, it is 100€ but there is no limit for maximum.
In our BDSwiss review we should note that BDSwiss broker gives much importance to safety of client's accounts and deposits, and provides many methods for depositing and withdrawals: Credit Card, Wire Transfer, Maestro, Sofort, Paysafecard, Ukash, Giropay, EPS, Postepay. Funding time for all methods is immediate, except of wire transfers, which takes from two days to one week. Withdrawal duration for Credit Cards and wire transfers is from 2 to 7 days, and for other methods it is 1-5 days.
Being an innovating and developing options broker, BDSwiss provides its users with a mobile BDSwiss app for trading. You can download it from the official BDSwiss web-site to make trades safely and easily from anywhere and at any time.
BDSwiss app will help you to track movements of trends and to have world news, as well as market events at own fingertips 24hours a week. Make trading profit up to 450 percents with simple to use interface of this mobile application, which is synchronized with your live account at BDSwiss and is available in different languages.
BDSwiss Forum – Complaints on Scam
Concluding BDSwiss review, let's talk about scam complaints, which can be found at BDSwiss forum. Our team was searching traders feedbacks about this broker in order to find any major issues related to it. In general, we have found many positive comments from satisfied traders, but there are also some complaints from those who have lost their earnings. But if you puzzle out causes of such complaints on BDSwiss forum, even with the untrained eye you can understand that they come from unexperienced users who make the simplest trade mistakes. The lack of awareness about company's terms and conditions can be attributed to such mistakes, as well as misconducts about the process of withdrawal or the identity confirmation of the client. Up to date it is quite hard to find any real signs of BDSwiss scam, which we can list in BDSwiss.com review.
BDSwiss is a broker with a clear focus and direction to its customers. Broker provides excellent customer support through a "live" chat, Skype, phone and e-mail, and there is no chance that you'll have to wait for hours until your problem is resolved. The site is available in 20 different languages: English, Italian, Polish, Dutch, Japanese, Portuguese, German, Danish, French, Slovak, Chinese and others and the multilingual professional staff is always ready to assist and consult the traders of all levels. Also you can find a lot of interesting information, articles and news at BDSwiss forum and blog.
BDSwiss takes much care of transaction security and confidential data of the clients. Thus, they use advanced SSL encryption technology and support only proven methods of depositing funds to the account like wire transfers and major credit/debit cards. Furthermore, BDSwiss company is under very strict adjustment of 31 country regulators where it operates, such as: CySEC (Cyprus), FMA (Austria), CONSOB (Italy), CNMV (Spain), AMF (France), BaFin (Germany), FCA (UK), FI (Sweden) and others.