BDSwiss Broker Review ¦ Regulated Binary Broker South Africa

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BDSwiss Broker Review

BDSwiss, a regulated broker, is one of the new additions to binary options market and is now also available to all interested South African traders.

It is owned by BDSwiss Holding Plc.

With this broker, traders are provided with versatility and may trade, aside from binary options, CFDs and Forex.

For this reason, we have decided to present South African traders BDSwiss broker review in which we shall try to depict and outline all the relevant information.

BDSwiss General Information

BDSwiss is a regulated broker, which is one of the first things we found out as we started researching this interesting brokerage for our BDSwiss broker review.

BDSwiss minimum deposit is set at $2oo which is seen as an industry average. As far as minimum sum per single trade is concerned that it set at $1, while the maximum investment per trade is set $1500.

Interested South African traders may use EUR, GBP and USD. With this broker possible payout could go up to 85%.

Tip: Consider IQ Option instead – the best regulated broker for South African traders with a minimum deposit of only $10!

BDSwiss Trading Platform and Features

As one of the best-known trading software in binary options industry, SpotOption is the choice for BDSwiss trading platform.

In doing so, this broker has provided their traders with a unique, modern platform which is also user-friendly and well-organized.

Our research for BDSwiss broker review meant that we took a look at their trading options and we were pleasantly surprised to find there is a fine variety of options:

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  • 60 Seconds
  • Ladder Options
  • One Touch
  • Pairs
  • Long Term

South African traders also have the opportunity to select a fine range of expiry times, depending on their preferred trading option, and which may be as short as 60 seconds to those which stretch up to a few weeks.

A truly diverse list of underlying assets is available to traders and, aside from FX, assets are sorted into four categories of commodities, stocks, indices and currencies.

All details pertaining to assets can be found in Asset List which can be found in Binary Tab under More Information.

Further in our BDSwiss review we also found they provide their registered traders with helpful and possibly profitable trading features.

We have discovered that aside from the time-saving mobile trading app, they also offer Rollover and Double Up features as well.

BDSwiss mobile trading app is a fantastic tool which saves valuable time as it provides traders with the opportunity to trade from virtually any location as well as to seize upon any potentially profitable trading opportunity.

Another great news is that they have made their trading app compatible with Android and iPhone devices and the app may be downloaded from both Google Play and App Store.

On the mobile traders have a customised chart alongside with various trading indicators and, naturally, real-time trading.

As already pointed in our BDSwiss broker review, two more features are also available which may prove to be highly efficient when it comes to making a profit.

With a Double Up feature traders may duplicate the trade if they have judged it to move in the desired direction. With the Rollover feature, South African traders can control the risk to some degree as they can extend the expiry time if their trade is not going in the desired direction.

For the time being, this broker does not offer a demo account which we hope they will introduce on their platform as this is one of the most beneficial features especially for new traders who lack experience.

BDSwiss trading platform is truly multilingual and available languages, aside from English, include German, Italian, Spanish, French, Danish, Norwegian, Korean, Norwegian and Polish.

BDSwiss Customer Support Service

As we are aware just how important it is for the broker to offer reliable customer support service to their traders, we have also tested their customer support service as part of our BDSwiss broker review.

BDSwiss agents responded in a matter of minutes and have answered all our questions in a respectful and professional manner.

So, aside from the live chat option of communication, traders can also use an email communication ( [email protected] ), web form which is given in the Contact section.

Lastly, for those traders which prefer the phone option, there are sixteen phone numbers provided and customer support is on hand 24/7.

Also, we advise all interested South African traders to take a little bit of time to study the Education section which is full of great courses and live webinars which can be a brilliant helping hand on their way to achieving viable profits.

In the tab titled Analysis, South African traders can find several interesting sections with Trader’s Journal being one of those.

There, they can benefit from studying and following latest news pertaining to the market as well as useful articles which cover subjects from assets to tips and tricks for successful trades.

Also, before reaching out to customer support, traders may want to check out the FAQ section which provides answers to most commonly asked questions which could also save them time.

BDSwiss Banking Information

The last part of our BDSwiss broker review is dedicated to banking information which mostly concerns the deposit/withdrawal methods available with this broker.

As a regulated broker, BDSwiss makes certain that all data exchanged on their trading platform is kept safe via SSL encryption technology.

Prior to requesting withdrawal traders are advised to submit documents which include a copy of the photo ID, copy of credit card and proof of address, which are simple but effective precaution measures against fraud, money laundering or identity theft.

When it comes to payment methods, South African traders may use the following:

  • E-wallets: Sofort, GiroPay, Paysafe and Ukash
  • Wire transfer
  • Credit Card: Maestro

While BDSwiss hasn’t got a minimum amount set when it comes to withdrawals, traders should keep in mind that any withdrawal under $100 will be charged $25.

Traders may expect to wait between two to seven days to receive their funds once their withdrawal has been processed.

BDSwiss Broker Review 2020

BDSwiss broker falls into category of regulated and secure binary options brokers, by our opinion, who operate on global financial market, including South Africa. Company behind this brand name is BDSwiss Holding Plc.

Their ultimate goal is to provide top notch services and assist traders to expand and improve trading knowledge. On this platform, traders in South Africa have option to invest in binary options, CFDs and forex.

Read further our BDSwiss broker review and find out more about this regulated platform and features which might lead to high profits.

BDSwiss General Information

According to our BDSwiss broker review, this broker is regulated one. Regulatory status shows how traders are safe when trading with BDSwiss broker since their business is in accordance with laws .

Minimum deposit needed to begin trading is $250 and payouts go up to 85%. Lowest possible investment is $5 and highest investment is $1500. Also, accepted currencies are USD, EUR and GBP.

BDSwiss Trading Platform and Features

Our BDSwiss broker review revealed how their chosen software is SpotOption provider, a leader in binary options industry. This platform is advanced and simple to use, which should simplify traders’ experience when navigating over this site.

Below, we will provide more details about trading instruments and services which South African traders can use to have a profitable trading journey.

With this SpotOption software, traders are introduced to customized features, which is especially visible in Trade Now area of this platform. So depending on a number of trades that are executed at once, traders in South Africa are able to adjust trading window to show either one, list of multiple window rows for better experience while trading.

For this BDSwiss broker review, we discovered how available trade options on BDSwiss platform are: 60 Seconds, One Touch, Ladder Options, Pairs and Long-Term options. We also found out how this broker offers a selection of underlying assets, to be more specific, 15 currency pairs, 27 stocks, 20 indices and 7 commodities. Full list can be seen under Asset Index tab.

As addition for all interested traders, BDSwiss broker presents excellent two new features: Rollover and Double Up.

With Rollover, traders are able to expand expiry time of a chosen trade if they will trade will expiry and it won’t be in their favour. This comes as great tool since it minimize risk exposure and potential money loss. With related feature, Double Up, South Africans can double their trade if they feel they are going in the right direction. The second trade can needs to be under the same trade conditions as the previous trade.

Another popular feature we noticed in BDSwiss broker review is mobile app, which is applicable on not just computers, but also tablets and smartphones. This app is available on App Store and Google Play, meaning how South Africans can now trade binary options on the go and from any place.

This is especially significant to busy traders who prefer having access to mobile platform and not to sit in front of their computers to be able to invest in binary options. Navigating over BDSwiss app is easy and straightforward experience.

Some of available mobile app characteristics are: customized chart, a selection of different trading indicators on disposal, real time trading and many more other features.

Unfortunately, our BDSwiss broker review showed us how demo account is not available on their platform yet. We find demo to be useful tool, especially for beginners of binary trading since it enables them to practice trading at no risk.

BDSwiss Customer Support Service

We were pretty surprised to learn how this broker offers an extraordinary customer support to all interested South African traders. Our BDSwiss broker review showed us how traders in South Africa can reach this broker via email [email protected] , live chat, web form and phone for several countries.

Phone is available for 16 countries, across the world. Also, BDSwiss prepared an excellent and detailed web form application. South Africans are required to submit their name, email address, phone, choose a question from listed ones and type a message. Questions can concern about how to deposit, my account, how to register, tech issues and complaints if any.

We tried live chat and lady was responsive and joined chat quickly. She provided us with needed answers regarding our questions and we we find this to be very useful. Also, BDSwiss broker review revealed how their support service is available 24/7.

It is however, important to note how this broker prepared absolutely fantastic Education to all interested South African traders. Under Education tab on the platform, South Africans can search for courses on different trading topics:

  • Four Assets
  • Trading in General
  • Technical Analysis
  • Fundamental Analysis
  • Psychological Analysis
  • Strategy Development

Also, traders can get more details about how to trade under Traders’ Handbook, Journal and live webinars. FAQ is also available on BDSwiss platform where traders in South Africa can expand their trading knowledge by looking for info regarding payments, how to register and what features to use in the trading process.

Under Binary – more information, a selection of edu materials is on traders’ disposal such as How to Trade and detailed info regarding trading hours and Asset list.

As addition, we want to emphasize how platform is multilingual and available on following languages: English, German, Spanish, Italian, French, Danish, Norwegian, Korean, Norwegian and Polish.

BDSwiss Banking Info

This broker pays a great attention into ensuring their platform with high safety standards for South African traders with option to have a successful trading journey. They use SSL encryption technology, which actually encrypts traders’ data (personal and financial).

In this last part of BDSwiss broker review, we will provide with a list of available deposit methods. South African traders can invest in binary options via Maestro card, wire transfer and e wallets (Sofort, PaySafe card, Ukash and GiroPay).

Our BDSwiss broker review provided us with info how there are no maximum deposit or withdrawal limits and also, there is no minimum withdrawal. For withdrawals less than $100, fee of $25 will be charged.

Before making any payments, traders are requested to provide BDSwiss with proof of residence and copy of ID card to confirm identity. Both depositing and simple and straightforward, which is valuable info for both pro traders and beginners.

To get their funds, traders need to submit a withdrawal request which will soon be processed by BDSwiss broker, where funds will be on traders’ account between 2-7 business days.

BDSwiss Broker Review

Welcome to our BDSwiss broker review South Africa. BDSwiss has been in operation since 2020. They are owned and operated BD Swiss Holdings who are headquartered in Cyprus. BDSwiss stands for Banc de Swiss.

BDSwiss uses the latest Spot Option trading platform, and they are a very popular binary options broker in all of Europe. And yes, BDSwiss is licensed and regulated by CySEC. South African traders can also use this trading platform.

Since BDSwiss uses the newest Spot Option platform, investors can trade binaries in 30 second, 60 second, 2 and 5 minute options, along with one touch, ladder and pairs. Also they offer a Forex and CFD platform. BDSwiss has also made their system available in a wide variety of languages.

Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose. If unsure seek further professional advice.”

Intuitive Platforms

Trade anywhere, anytime with our industry leading platforms. Use our advanced charting tools and indicators to manage your risk and better determine price direction. Note that no indicator is absolute.

Selection of Assets

Place your positions on more than 250 underlying assets from leading exchanges including stocks, commodities, currencies and indices. View our Asset List.

Educational Resources

Learn how the financial markets operate and develop your own trading strategies with our accredited trading courses and webinars. Please note that studying our educational material cannot be an absolute guarantee of your success as a trader.

Multilingual Support

Contact our multilingual support via email, phone or Live Chat and get all the help you need with your day to day trading activities.

trading is risky and all capital can be lost

BD Swiss CFD Demo Account

It is always a wise idea to get adjusted to the trading system before investing your hard earned money. Many investors use a demo account to do so.

For a long time, BD Swiss did not offer a demo account but I now see that they do offer a demo account for CFD and Forex pair traders.

It is a good idea to develop your trading strategy using the demo account. So sign up with BD Swiss and try it out.

BD Swiss Mobile App Review

People have went mobile. Be it tablets or smartphones, a huge percentage of people are now using mobile applications to handle all their tasks on the internet.

BD Swiss has stayed up to date and developed top notch mobile applications so you can trade CFDs from your tablet or phone. You can get

MT 4 Web Trader, android, windows, IOS and MAC

BD Swiss has covered all the mobile trading bases.

BDSwiss Broker Review Deposit Terms & Conditions

BDSwiss has a range of deposit options with the minimum deposit being only 100 units.

You must be 18 or older to use the BDSwiss binary options trading system, and United States traders are not accepted.

You can deposit using credit or debit cards, wire transfer and some ewallet methods like Skrill and Neteller.

While you do not have to until you are requesting a withdrawal, it is recommended that you send BDSwiss compliance documents immediately after depositing so withdrawals will be processed quickly. The compliance documents consist of a copy of:

  • Credit card used
  • Government photo identification
  • A copy of a bank statement or utility bill showing your name and address
  • These are needed to comply with anti-money laundering regulations and to protect your interests.
BDSwiss Bonus Terms & Conditions

BDSwiss does have some great bonuses and promotions. Naturally as with all binary options brokers, there are some stipulations you must meet before you can withdraw that bonus money. But BDSwiss has some of the best terms found.

When you receive a bonus from BDSwiss, you are required to trade a volume of 15 times the bonus amount before you can withdraw that bonus money. So if you received a $100 bonus, you would have to trade a volume of $1,500. Always read bonus terms before accepting.

Many traders do not accept these bonuses because of the stipulations attached to them. I usually don’t also and recommend the same.

BDSwiss broker review Withdrawal Terms & Conditions

BDSwiss processes withdrawal requests within 3 working days. The minimum withdrawal is $100 and it will be processed back to the same method you used to deposit.

As long as you sent in the required compliance documents, withdrawals flow quite smoothly.

Upon checking complaints against BDSwiss and I found very few, with the majority being over bonuses and the investors not reading the terms before accepting the bonus. I didn’t find any complaints regarding withdrawals.

BDSwiss seems like a great binary options broker you can feel confident trading with.

  • Website: www.bdswiss.com
  • Trading platform: Spot Option
  • Deposit/Withdrawal Methods: Bank Wire, Credit/Debit Cards, Skrill, Neteller
  • Base Currencies: EUR
  • Established: 2020
  • Demo Account: Yes (For CFD only)
  • Expiry Times: 60 sec, 90 sec, 2 min, 3 min, 5 min and more
  • Trade Sizes: $5, $10, $20, $50, $100, $250, $500

Always keep in mind that trading is risky and traders can lose all capital.

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