Trader Education
“A comprehensive Trader Academy, “Forex Trading Videos Library” made up of past webinars, Glossary and “Forex Basics Lessons” are the training resources available on all BDSwiss websites.”
Webinars also come up on the site occasionally.
- The BDSwiss Website has a Trading Academy. The Trading Academy is divided into Beginner, Intermediate and Advanced Level Courses. The course consists of video lessons and quizzes. There are a total of 16 videos. The course instructor is a seasoned Forex/CFD trader and analyst named “Alexander Douedari”.
- Forex Trading Videos Library is a collection of past recorded webinars and other training videos. Over 200 videos are available in the Video library.
- Webinars are periodically scheduled on the website.
- An in-depth Glossary defining important trading terms is on the website.
- “Forex basics” is a series of lessons designed to introduce a newbie to forex trading. It has lots of articles and training videos. The course is made up of 15 lessons.
Trading Experience
“A good trading experience via the selection of platforms including the MT4, MT5 and the BDSwiss’s own Webtrader. A wide selection of assets and some competitive spreads which makes this a suitable offering for beginners and professionals”
BDSwiss Group boasts of one million trading accounts and still counting. It only means that more and more clients are opting for its services. There are positive reviews about BDSwiss’ services. The ratings of the mobile app is 4.5/5 stars on the apple app store and 3.7/5 stars on Google play store. Indeed, the company won the award for the 2018 Best Trading App, given out by the Mobile Star awards.
The company is extremely well equipped to deal with beginner traders. The “How to Trade” section, first steps and beginners education is particularly helpful for absolute newbies.
The MT4 platform provided is suitable for all levels of traders and suitable for all trading styles. The alternative BDSwiss apps are intuitive and easy to use for beginners and also contain enough of an asset selection and detailed charting for more experienced traders.
FAQ
Where is BDSwiss based?
The holding company of the BDSwiss Group is based in Switzerland. BDSwiss PLC Headquarters are located in Cyprus while BDS Markets Ltd is located in Mauritius.
How does BDSWISS make money?
BDSwiss makes money from spreads and commissions. The broker executes the trades instantly as a market maker.
How do I deposit in BDSwiss account?
The payment options accepted are: Bank Wire, Credit/Debit Cards like Mastercard and Visacard. ePayment wallets like Skrill and Neteller.
What is the min. deposit for BDSwiss?
The minimum deposit is $200 for the Basic Account.
What is the maximum leverage in BDSwiss?
Maximum leverage is up to 1:30 for retail clients under CySEC and up to 1:400 for professional clients for all account types. For clients under FSC, maximum leverage is up to 1:400.
How do I open an account with BDSwiss?
Click the “Sign Up” button found on the top right hand side of the website.
Does BDSwiss use MetaTrader?
Yes, the MT4 is available. The MT5 is also available as of early March, 2019.
Conclusion
“BDSwiss the brand name behind a group of entities offering investment services on over 250 tradable Forex and CFD assets. The brand is regulated by the CySEC, NFA and FSC.”
In compliance to the regulatory rules, they have put in place some measures to protect investors’ funds. These include membership of the ICF which compensates traders when the broker becomes insolvent. BDSwiss also keep its funds separate from that of investors.
The platform provided is the popular MT4 which is sophisticated and appropriate for all trader levels and all trading style.
BDSwiss also provide a Trader Academy where there are specially prepared courses to train a client through the levels, however is best suited to beginners. The Forex video library is also a great resource that covers market events and there is a good selection of webinars.
There are no bonuses or contests available as a regulated broker.