BDSwiss

What can I trade?

BDSwiss makes it possible for you to decide what you want to trade. The All-In-One account makes it possible for you to trade CFDs/Forex with BDSwiss Forex or trade Binary Options with BDSwiss Binary.

What is the difference between BDSwiss Forex and BDSwiss Binary?

BDSwiss Forex and BDSwiss Binary are trademarks of BDSwiss Holdings PLC. With BDSwiss Forex you can trade CFDs/Forex. With BDSwiss Binary you can trade Binary Options. Click HERE to view a comparison of our products.

Which time zone does BDSwiss use?

BDSwiss itself uses the time zone GMT+1, which is subject to DST. Prices displayed on the MetaTrader 4 trading platform refer to the current server time, which is measured with GMT+2.

How safe is BDSwiss?

BDSwiss uses the internationally accepted security system SSL (Secure Sockets Layer), which encrypts all payments by credit card over the internet. This system runs automatically, and you will receive an automatic notice if your browser does not support this protocol. In accordance with EU regulations, customer deposits up to €20,000.00 are protected by the Cypriot Investment Compensation Fund, in case of insolvency of the company.

Is my personal information safe with you?

Yes, your data is 100% safe with us. Protecting your personal information is very important to us. All customer data is encrypted with the latest security software and is highly protected. Your data will be kept strictly confidential and not shared with third parties. For further details on data protection please click here.

What documents qualify for my “proof of residence”?

As proof of residence, qualifying documents include a residency registration form or a bill which is not older than six months which is addressed to your current residence (eg. electricity, gas or telephone/internet).

Why do I need to submit an internationally valid identity card?

BDSwiss is a regulated company in the financial sector. For this reason, we are legally obligated to observe certain safety standards. These include in particular rules regarding the Anti-Money Laundry (AML) protocol and prevention of terrorist financing.

For this reason, every customer who wishes to trade with BDSwiss must be positively identified. This is usually done with a copy/scan of a valid international identity card and a residency registration form. Instead of a residency registration form, customers may also submit a copy of a bill (electricity or gas) where the residency address is clearly visible. This must not be older than six months.

What is a SWIFT Code?

A SWIFT code is a unique identification code for banks, which is used for interbank transfers. Your bank’s SWIFT code can be found on the homepage of your bank or can be obtained from a bank employee. A SWIFT code must always contain 11 characters, if your SWIFT code has fewer, substitute the missing characters with a capital “X”.

What are the advantages of trading with BDSwiss?

As a BDSwiss customer you have an All-In-One-Account and can decide for yourself what you want to trade. Trade CFDs/Forex or Binary Options. One account for all financial products.
BDSwiss customers get access to comprehensive training materials to help you optimize your trading strategies. Learn from the experts with the Education Center, online webinars, live seminars, market news, economic calendar and much more.

BDSwiss Holdings PLC is regulated and approved by the CySEC (License No. 199/13). No Minimum Deposit for BDSwiss Forex. €200.00 minimum deposit for BDSwiss Binary.

Professional Trading software, extended trading hours and much more await you as a customer with BDSwiss. Click HERE now and open your account in less than 3 minutes.

How can I get in touch with BDSwiss?

Write an email to: [email protected] or contact us at one of our regional telephone numbers.

What should I do if I forget my password?

You can use the “forgot password?” function. Enter your email address and your password will be sent to you automatically. If you are having a problem with your password, please contact us via email by writing to [email protected] or contact us via one of our regional telephone numbers.

FAQ: Trading Account

Do I have to pay anything for my BDSwiss Trading Account?

No, a trading account with BDSwiss is free.

Can I switch between accounts?

As a BDSwiss customer you have an All-In-One-Account. That is, you can always switch to another BDSwiss trading platform. You do not have to log out and log on again. Just click on “Account” and select your desired trading platform.

Which currency can I use for trading?

As a rule, the accounts are held exclusively in the Euro. In some regions, you can alternatively select the USD.

Can I transfer balances between my different accounts?

No, you can not transfer funds from your Binary Options account to your CFD/Forex account or vice versa.

Are there limits to deposits/withdrawals?

No. Deposits and withdrawals have no maximum limit.

Can I lose more money than I deposited?

No, as a BDSwiss customer, your account balance can not fall below zero. When trading CFDs with BDSwiss Forex, BDSwiss will not expect you to compensate them if your account balance would fall into the negative.

How can I cancel a withdrawal?

If you want to cancel your withdrawal and have your money placed back into your trading account, you have the option to cancel a withdrawal. This is particularly useful if your withdrawal would cause you to have insufficient funds in your account but you wish to invest in an option. To cancel a withdrawal request, please contact us via email by writing to [email protected] or contact us via one of our regional telephone numbers.

How can I deposit money into my account?

Under the Account tab, simply click on “Deposit Funds“. BDSwiss offers a wide variety of deposit methods such as credit card, bank transfer, direct deposit, Skrill and many more.

FAQ: CFD

Please be aware that for the sake of readability, the following is only an excerpt of the entire BDSwiss Forex FAQs. The complete FAQ is availableHERE..

What is a CFD?

A CFD is also referred to as a Contract for Difference. This means you are trading based on the price development of a specific underlying asset. The difference between the price at the opening of your position and at the closing, in addition to the investment direction and number of traded standard contracts determine the amount of your profit or loss. More information can be found HERE.

Where can I find the trading hours of the various underlying assets?

The trading hours for trading with CFDs can be found HERE.

Are there minimum amounts for deposits or withdrawals?

When trading CFDs, there is no minimum deposit. For withdrawals there is a minimum amount of €100.00, but for withdrawals of less than €100.00 a handling fee of €25.00 will be deducted.

Which Spreads does BDSwiss offer?

The Spread is a function of the underlying asset. Our lowest Spread is 1.0 pips. A detailed list of available underlying asset can be found HERE.

Where can I find an overview of all fees?

A detailed overview of how fees are calculated and when they are applied can be found HERE.

Do I need to download a special software?

Yes. For CFD trading you need the Meta Trader 4 software, which can be downloaded for free by clicking HERE.

Are there any fees I have to pay to trade on the MetaTrader 4 platform?

There are no fees for trading on the MetaTrader 4 platform. Please be aware that there are normal fees associated with trading CFDs.

FAQ: Binary Options

Please be aware that for the sake of readability, the following is only an excerpt of the entire BDSwiss Binary FAQs. The complete FAQ is availableHERE.

What is a Binary Option?

A Binary Option is also known as a digital option or fixed return option. With Binary Options the potential profit or loss is known at the beginning of the contract. More information can be found HERE.

Are there minimum amounts for deposits or withdrawals?

No, when trading with Binary Options, there is no minimum deposit, however, the initial deposit must be at least €200.00. For withdrawals, there is also no minimum amount, but withdrawals under €100.00 will be charged a €25.00 processing fee. Please note that you can only withdraw bonus credit once you have fulfilled all withdrawal criteria. More information about our bonus policy can be found HERE.

Are there limits to deposits/withdrawals?

No. Deposits and withdrawals have no maximum limit.

Where can I find the trading hours of the various underlying assets?

A detailed list of all underlying assets available through BDSwiss along with, their descriptions, expiry dates and times can be viewed in the section Asset List.

How does the bonus system work?

BDSwiss Binary customers can benefit from a range of attractive bonuses. For our bonus scheme click HERE.

What is a Put-Option?

With a Put-Option, the trader makes a profit when the price of the underlying asset was higher at the point when the option was placed than when it expired, i.e. the price has gone down. If the option has exactly the same price at expiry as when it was purchased, the trader will be refunded the full amount of their investment.

What is a Call-Option?

With a Call-Option, the trader makes a profit when the price of the underlying asset was lower at the point when the option was placed than when it expired, i.e. the price has gone up. If the option has exactly the same price at expiry as when it was purchased, the trader will be refunded the full amount of their investment.

Risk Warning: Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk.