BDSwiss is a binary options and Forex broker that is owned by BDSwiss Holding Plc and located at: 11 Apostolou Andrea Street, Hyper Tower, 5th Floor 4007 Limassol, Cyprus. They can be reached by phone in the United Kingdom at: +44 203 769 1426.
While reviewing BDSwiss, we found that they offer both binary options and Forex trading. They are using the SpotOption trading software for binary options, and the MetaTrader4 platform for Forex and CFD’s.
Regarding binary options, you have a variety of formats to choose from. These are, Classic Binary Options, Pairs, Ladders, 60 Seconds, Long Term and OneTouch options. In the “60 Seconds” or short term option you will find expiry times of 30, 60, 80, 180, and 300 seconds. Whereas in the Long Term options you have expiry times of up to 3 months. Also, these different option formats are available to trade over 100 different assets.
In regards to Forex, BDSwiss uses the MetaTrader4 software. Here you can trade Currencies or CFD’s with leverage of up to 1:500 on spreads as low as 1.0 pip. This depends on which currency you’re trading and which account type you have. Read More.
We always stress the need to our readers, that they carefully review a brokers Terms and Conditions. This will help to verify what requirements they have regarding withdrawals. Read more about common complaints here.
BDSwiss is a multilingual company, and their website is available in so many languages: Español, English, Deutsch, Italiano, 한국어 (Korean), Français, Norsk (Norwegian) and Polski (Polish).
They have a low, $100 minimum deposit for binary option trading and their short term options can be traded for as low as $1. Other binary options have $25 being the minimum trade amount. Returns can be up to 85%.
This broker allows you to open a Forex account with no minimum deposit, and a .01 minimum lot size per purchase. They have three account types to offer, each with different benefits, see here.
BDSwiss Brokers License
Most governmental financial regulators issue special licenses to operate a binary options brokerage. Some examples are, ASIC in Australia, the FSB in South Africa and CySEC in Cyprus (EU).
BDSwiss has a regulatory license from the CySEC of Cyprus which allows it to operate within the EU. Their license number is 199/13.