BDSwiss one of the most famous binary options brokers in the German-speaking countries. The EU Broker operates in Frankfurt and a branch advertises a low minimum deposit and a user-friendly trading platform especially for beginners and advanced. The broker is officially regulated by the CySEC and is connected to an investor compensation fund under EU law. The settlement of the contracts are based on prices of the reference markets. Is BDSwiss scam or legitimate? This test clears up there!
Important facts about the broker BDSwiss
- Secure CySEC regulation
- Deposit guarantee your deposits up to 20,000 EUR
- Settlement of the contracts at real market prices
- Known, quality Spot Option 2.0 platform
- Low minimum deposit (located at only 100 euros, usually less than elsewhere is)
- Deposit, inter alia, by bank transfer, credit card, paysafecard and more possible
The report: The BDSwiss experiences
Regulation and Co.: Is BDSwiss trustworthy?
In order to assess whether a broker is working seriously, a look behind the scenes of the company and the trading platform is required. BDSwiss has been active since 2012 on the market and operates under the umbrella of the Keplero Holdings Limited, which conducts its operations from Cyprus Nicosia from the EU. At the same time maintains the broker for the servicing and marketing a branch in Frankfurt.
Also, the regulatory environment is a clear indication that BDSwiss works reputable. The competent Supervisory Authority CySEC, which should now be several accounts of the broker has, the broker issued an official license as a financial service. Cyprus has established itself after the EU accession of the country as a broker-Location: On the one hand, the providers are attracted by tax environment, on the other hand, the country has ratified the pioneering EU MiFID.
Are Binary Options «inherently» transparent?
BDSwiss accounted customer funds according to EU rules separate from business assets and to the Cypriot Investor Compensation Fund (ICF Investor Compensation Scheme) attached. This occurs in the event of insolvency and refunded money lost to 90 percent to a maximum of 20,000 euros per damaged customer.
Spot Option 2.0: The trading platform under the magnifying glass
That Spot Option, the white label partners from BDSwiss can show a lot of experience with the platform operation, is another plus in BDSwiss test. Spot Option operates platforms including market making for dozens, known broker.
The trading platform is entirely browser-based and requires no download. For access to the trading account of the road can be used an app. The platform is kept consistently simple and aimed expressly at beginners with no trading experience. It need only underlying, maturity, amount and «direction» are selected, to then open a position with a click. Extensive Chartingtools there are not — for but a rating based on the trades of other customers Put / call ratio.
Underlying and option types the broker
That BDSwiss does well in the test of most industry services and trade magazines, is essential due to the large base of values. Almost all (erfiolgreichen) strategies related to binary options based on visually or algorithmically generated trading signals, which operate according to a predetermined pattern (eg. B. Trend Recognition).
A strategy is working when leave enough signals with sufficient quality to generate. For this purpose a large number markets must be continuously monitored. In addition, various types of options are helpful because many market situations can not be optimally utilized with simple binary options. It is, for. Example, meaningful, technical chart price targets to act after formation outbreaks with OneTouch options than simply define the direction and neglecting a large part of the potential yield.
Option types for all market situations and over 170 underlyings
FX / CFD binary options with lever
The latest in the Option of BDSwiss called FX / CFD. As the name suggests, the mode allows binary options with FX or CFD underlyings to act. Usually currency pairs, some commodities and equities are on offer. What the BDSwiss FX / CFD mode now different from regular binary options, the leverage. These allow, with little money to trade large sums.
With a maximum leverage of 1: 400, BDSwiss FX / CFD thus enables a gain of 500%. While increases so the potential profit by several times, as of course is the risk.
Therefore, the respective trades with the following 2 functions are considered. «Take Profit» and «Stop Loss» set the limits of the possible profit / loss scenarios represent. «Take Profit» is the limit of profit and is itself set (100% -500%). «Stop Loss» is the ripcord ; should the trade lose more money than has been used, it is automatically closed a.
The trade conditions (yield, residual values and minimum bets)
Account Opening and bonus BDSwiss
Is BDSwiss trustworthy? If regulatory environment, security of client funds and settlement of contracts represent themselves properly, only still lacking a look at the details of accounting. This is free of charge and requires a minimum deposit of just 100 EUR or USD (whichever is selected which currency as account currency). This is a very lower sum in comparison provider.
The deposit and withdrawal methods, the broker shall offer its clients many choices: Credit card, debit card, Ukash, PayPal, postepay, Western Union, MoneyBookers, PayPal and other services can be used. In most of the aforementioned methods of the deposit amount is immediately credited to the trading account. Since the complete verification of the account is required at the opening, but only for the first payment immediately, the account opening deposit including rarely lasts longer than five minutes.
If deposit bonuses are called as part of new customers actions, they are subject to the customary conditions: To take bargain hunters with no other intentions the wind out of the sails, see the bonus conditions before, been that invests this sum several times previously before the payment of bonus credit have to be.