BlackDiamondSwiss Forex Broker

BlackDiamondSwiss Review SummaryFounded2-5 yearsRegistered Country/RegionAustraliaRegulationSuspicious CloneMarket InstrumentsCurrencies/Commodities/Stocks/IndicesDemo AccountNot mentionedLeverageUp to 1:500SpreadNot mentionedTrading PlatformBlackDiamondSwiss(Web/Mobile)Min Deposit€10000Customer SupportNot mentionedBlackDiamondSwiss Information BlackDiamondSwiss is a broker. The tradable instrument with a maximum leverage of 1:500 includes currencies, commodities, stocks, and indices. The broker also provides 4 major pricing plans with a minimum deposit of €10000. BlackDiamondSwiss is still risky due to its Suspicious Clone status, high leverage, and inaccessible office website.Pros and ConsPros Cons Various assetsSuspicious CloneLeverage up to 1:500Inaccessible office website4 major pricing plansUnspecific fee informationMT4/MT5 unavailableIs BlackDiamondSwiss Legit? ASIC regulatesBlackDiamondSwiss with a suspicious clone status, which makes it less safe than regulated brokers.What Can I Trade on BlackDiamondSwiss? Traders can choose different investment directions because the broker provides currencies, commodities, stocks, and indices.Tradable Instruments Supported Currencies✔Commodities✔Stocks✔Indices✔Precious Metals❌Shares❌ETFs❌Bonds❌Mutual Funds❌Pricing Plan BlackDiamondSwiss has four pricing plans: Bronze, Silver, Gold, and Black. Traders who want both low deposit and low leverage can choose a Bronze plan, while those with a sufficient budget can open a Black plan.Account Type BronzeSilverGoldBlackMinimum Deposit€10000€20000€50000€100000Discount swap--50%50%Type of spreadStaticStaticStaticStaticMaximum Leverage1:1001:2001:3001:500BlackDiamondSwiss Fees Discount swap up to 50%, while the spread and commission are unspecific.Leverage The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.Trading Platform BlackDiamondSwiss provides a built-in trading platform adapted to Web and Mobile versions.Trading PlatformSupported Available Devices BlackDiamondSwiss✔Web/MobileDeposit and Withdrawal The minimum deposit is €10000. However, due to the inaccessible official website, transfer processing times and associated fees are unknown.