Welcome to our BDSwiss broker review South Africa. BDSwiss has been in operation since 2012. They are owned and operated BD Swiss Holdings who are headquartered in Cyprus. BDSwiss stands for Banc de Swiss.
BDSwiss uses the latest Spot Option trading platform, and they are a very popular binary options broker in all of Europe. And yes, BDSwiss is licensed and regulated by CySEC. South African traders can also use this trading platform.
Since BDSwiss uses the newest Spot Option platform, investors can trade binaries in 30 second, 60 second, 2 and 5 minute options, along with one touch, ladder and pairs. Also they offer a Forex and CFD platform. BDSwiss has also made their system available in a wide variety of languages.
Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose. If unsure seek further professional advice.”
Intuitive Platforms
Trade anywhere, anytime with our industry leading platforms. Use our advanced charting tools and indicators to manage your risk and better determine price direction. Note that no indicator is absolute.
Selection of Assets
Place your positions on more than 250 underlying assets from leading exchanges including stocks, commodities, currencies and indices. View our Asset List.
Educational Resources
Learn how the financial markets operate and develop your own trading strategies with our accredited trading courses and webinars. Please note that studying our educational material cannot be an absolute guarantee of your success as a trader.
Multilingual Support
Contact our multilingual support via email, phone or Live Chat and get all the help you need with your day to day trading activities.
BD Swiss CFD Demo Account
It is always a wise idea to get adjusted to the trading system before investing your hard earned money. Many investors use a demo account to do so.
For a long time, BD Swiss did not offer a demo account but I now see that they do offer a demo account for CFD and Forex pair traders.
It is a good idea to develop your trading strategy using the demo account. So sign up with BD Swiss and try it out.
BD Swiss Mobile App Review
People have went mobile. Be it tablets or smartphones, a huge percentage of people are now using mobile applications to handle all their tasks on the internet.
BD Swiss has stayed up to date and developed top notch mobile applications so you can trade CFDs from your tablet or phone. You can get
MT 4 Web Trader, android, windows, IOS and MAC
BD Swiss has covered all the mobile trading bases.
BDSwiss Broker Review Deposit Terms & Conditions
BDSwiss has a range of deposit options with the minimum deposit being only 100 units.
You must be 18 or older to use the BDSwiss binary options trading system, and United States traders are not accepted.
You can deposit using credit or debit cards, wire transfer and some ewallet methods like Skrill and Neteller.
While you do not have to until you are requesting a withdrawal, it is recommended that you send BDSwiss compliance documents immediately after depositing so withdrawals will be processed quickly. The compliance documents consist of a copy of:
- Credit card used
- Government photo identification
- A copy of a bank statement or utility bill showing your name and address
- These are needed to comply with anti-money laundering regulations and to protect your interests.
BDSwiss Bonus Terms & Conditions
BDSwiss does have some great bonuses and promotions. Naturally as with all binary options brokers, there are some stipulations you must meet before you can withdraw that bonus money. But BDSwiss has some of the best terms found.
When you receive a bonus from BDSwiss, you are required to trade a volume of 15 times the bonus amount before you can withdraw that bonus money. So if you received a $100 bonus, you would have to trade a volume of $1,500. Always read bonus terms before accepting.
Many traders do not accept these bonuses because of the stipulations attached to them. I usually don’t also and recommend the same.
BDSwiss broker review Withdrawal Terms & Conditions
BDSwiss processes withdrawal requests within 3 working days. The minimum withdrawal is $100 and it will be processed back to the same method you used to deposit.
As long as you sent in the required compliance documents, withdrawals flow quite smoothly.
Upon checking complaints against BDSwiss and I found very few, with the majority being over bonuses and the investors not reading the terms before accepting the bonus. I didn’t find any complaints regarding withdrawals.
BDSwiss seems like a great binary options broker you can feel confident trading with.
- Website: www.bdswiss.com
- Trading platform: Spot Option
- Deposit/Withdrawal Methods: Bank Wire, Credit/Debit Cards, Skrill, Neteller
- Base Currencies: EUR
- Established: 2012
- Demo Account: Yes (For CFD only)
- Expiry Times: 60 sec, 90 sec, 2 min, 3 min, 5 min and more
- Trade Sizes: $5, $10, $20, $50, $100, $250, $500
Always keep in mind that trading is risky and traders can lose all capital.