BDSwiss Review - demo, fees, strategy and more!
- Intuitive Trading Platform
- Low Minimum Deposit Requirement
- Low Minimum Trade Size
BDSwiss is a professional web-based binary trading platform, online since 2012. The software their platform is running on is SpotOption, a similar platform to Banc De Binary and Optiontrade. It is, of course, mobile friendly and there is no downloading necessary and you can easily register online and start trading. They are regulated by Cypriot Financial Services Authority (CySEC).
It is interesting that this site is specifically targeted towards German language (but other languages are also supported). Although it is a fairly new company among the older trade brokers, they offer many great tools.
Why should you start trading with BDSwiss and not some other brokers? Well, it’s simple!
- This broker, including customer support, speaks your local language (Polish, German, English, Czech,..)
- No hidden fees
- Not only CySEC regulated but regulated throughout the whole Europe.
- BDSwiss offers free exclusive webinars and strategy materials.
BDSwiss used to use a SpotOption platform, but does not anymore. They now use the platform displayed below and only allow classical high-low trading.
Other than classic high-low binary options, you can trade with many more kinds of exotic options with this broker. Options such as Ladder binary options and One-Touch binary options are available to be traded if you wish. One touch options By trading one touch options, the trader speculates whether the price attacks a certain position. If it does, the profit is high (up to 300%).
An example: Price will reach $120 in under 72 hours. If so, the trader gains $300. If not, trader loses $100.
Ladder options This type of binary options is similar to spread options offered by HighLow and ETX Binary. They are classic options with slightly adjusted ITM line. If the line moves against our trade, we have a higher chance of greater profit. If ITM line moves so that strike price is more profitable for us than 95% profit can move for example to 24%, but this also moves yields higher probability of profit. With ladder options, trader can use advanced hedging techniques to make sure that he stays in profit regardless of the price movements. More on that here: Binary option strategy hedging.
Unfortunately, the above said is not true anymore. Let’s hope BDSwiss will soon add these options back.
USA Allowed No
Demo Account: No
Min Deposit: $100
|Great broker for german clients||Trade Now! Read Review|
BDSwiss Demo Account
Unfortunately, BDSwiss does not offer demo account access. We have tried depositing $ 1 000 and contacting the customer support, but even after such a deposit, the demo account was not created for us.
This is probably the biggest disadvantage of this broker, however, everything else is fine. But luckily, you can open try demo account on our website for free with no need to register anywhere. Just click binary options demo up in the menu bar and you can start trading right away.
BDSwiss Minimum Deposit
To register for an account with BDSwiss there is no deposit required and you don’t need to give your credit card information to simply register on the website. BDSwiss only has one type of accounts. It is a live trading account that requires only a $100 minimum deposit initially. The low initial deposit is great for new traders to feel comfortable trading more quickly with lower risk.
The minimum deposit is $100 and the minimum investment is $5. Maximum deposit by credit card is $ 5 000S, wire transfer is unlimited. You have a wide variety of ways to deposit funds into your account by credit card, debit card, wire transfer, cashU, Maestro, Sofort, Paysafecard, UKash, Giropay, EPS, and Postepay. All deposits immediately go into your account, but it takes a couple of business days to process your wire transfer.
BDSwiss has a minimum withdrawal of $100 US or EUR 100 depending on your trading account currency. You can easily withdraw your funds by credit card, debit card, wire transfer, cashU, Maestro, Sofort, Paysafecard, UKash, Giropay, EPS, and Postepay. There is a fee charged on wire transfer withdrawals of $25 US, but credit or debit card fund withdrawal transfers are free. Withdrawals can take 1-7 days depending on the method.
When you sign up for an account at BDSwiss you get training materials, like ebooks and live webinars that are included in your account.
Our BDSwiss Experience
From our experience, BDSwiss is a great broker. The platform is quick with no delays after making a trade. It took their customer support a little bit to reply, but other than that, they were able to help us with everything we needed.
A minimum deposit of $ 100 is great for novice traders, just as their support of multiple languages. Good luck!
|Support Types||Telephone, Email, Fax, Online Chat, Contact Form|
|Languages||English, Deutsch, Ελληνικά, Italiano, Dansk, Norwegian, Polski, Suomi, Svenska, Nederlands, Français, Español, Pу́сский, Slovene, Türkçe, 中文, 日本語, 한국어, Português, Čeština|
|Minimum 1st Deposit||$100|
|Minimum Trade Amount||$5|
|Maximum Trade Amount||$1.500|
|Bonus||Great broker for german clients|
|Leverage||Up to 1:400|
|Spread||1 - 1.3 pips|
|Free Demo Account|
|Regulation||CySec (Cyprus Securities and Exchange Commission)|
|Deposit Methods||Visa, MasterCard, Maestro, Wire transfer, Sofort,, Paysafe, UKash, GiroPay, EPS|
|Withdrawal Methods||Visa, MasterCard, Maestro, Wire transfer, Sofort,, Paysafe, UKash, GiroPay, EPS|
|Trading Methods||One Pair, Short Term, Long Term, Ladder, Pairs|
|Number of Assets||171|
|Expiry Times||60s, 90s, 120s, 5m, 30m, 1h, 2h, 4h, 8h, 12h, End of Day, Weekly, Monthly|
|Types of Assets||Currencies, Stocks, Indices, Commodities|
|Option Types||call/put, one-touch, 60s, pairs|
|US Traders Allowed|