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Regarding the legitimacy of BDSWISS forex brokers, it provides FSA, NFA, CYSEC and WikiBit, .

Is BDSWISS safe?

Rating Index

WikiFX Detection

Software Index

Full License

Risk Control

Risk Manage

Is BDSWISS markets regulated?

The regulatory license is the strongest proof.

Retail FX

FSA Retail Forex License

The Seychelles Financial Services Authority

The Seychelles Financial Services Authority

Regulatory Agencies Introduction
  • Current Status:

    Offshore Regulated
  • License Type:

    Retail Forex License
  • Licensed Entity:

    BDSwiss (Seychelles) Ltd BDSwiss (Seychelles) Ltd
  • Effective Date:

    --
  • Email Address of Licensed Institution:

    info@bdswissglobal.com
  • 53748:

    No Sharing
  • Website of Licensed Institution:

    https://www.global.bdswiss.com
  • Expiration Time:

    --
  • Address of Licensed Institution:

    Block B, Room 6, No. 1, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles
  • Phone Number of Licensed Institution:

    4325840
  • Licensed Institution Certified Documents:

11 name
Common fin.

NFA Common Financial Service License

National Futures Association

National Futures Association

Regulatory Agencies Introduction
  • Current Status:

    Unauthorized
  • License Type:

    Common Financial Service License
  • Licensed Entity:

    BDSWISS LLC BDSWISS LLC
  • Effective Date:

    --
  • Email Address of Licensed Institution:

    --
  • 53748:

    No Sharing
  • Website of Licensed Institution:

    --
  • Expiration Time:

    --
  • Address of Licensed Institution:

    IOANNI STYLIANOU, 6 2ND FLOOR, FLAT/OFFICE 202 NICOSIA, 2003 CYPRUS
  • Phone Number of Licensed Institution:

    4969297234606
  • Licensed Institution Certified Documents:

11 name
MM

CYSEC Market Maker (MM)

Cyprus Securities and Exchange Commission

Cyprus Securities and Exchange Commission

Regulatory Agencies Introduction
  • Current Status:

    Suspicious Clone
  • License Type:

    Market Maker (MM)
  • Licensed Entity:

    Viverno Markets Ltd Viverno Markets Ltd
  • Effective Date: 53749

    2013-05-31
  • Email Address of Licensed Institution:

    info@viverno.com
  • 53748:

    No Sharing
  • Website of Licensed Institution:

    www.viverno.com
  • Expiration Time:

    --
  • Address of Licensed Institution:

    Apostolou Andrea Street 11 Hyper Tower 5th Floor 4007 Mesa Yeitonia Limassol Cyprus
  • Phone Number of Licensed Institution:

    +357 25 053 940
  • Licensed Institution Certified Documents:

11 name

  

Is BDSwiss A Scam?

  

Introduction

  BDSwiss, established in 2012, has rapidly positioned itself as a notable player in the forex and CFD trading market, catering to over 1.6 million registered clients across more than 180 countries. As a multi-asset broker, it offers a wide range of financial instruments, including forex, commodities, indices, and cryptocurrencies. However, the forex trading landscape is fraught with risks, and traders must exercise caution when selecting a broker. With numerous options available, it is crucial to assess the reliability and legitimacy of a broker like BDSwiss. This article aims to provide an objective evaluation of BDSwiss by exploring its regulatory status, company background, trading conditions, client fund safety, customer experiences, platform performance, and overall risk assessment.

  

Regulation and Legitimacy

  The regulatory framework within which a broker operates is paramount for ensuring the safety and security of client funds. BDSwiss is regulated by several authorities, including the Financial Services Commission (FSC) in Mauritius, the Financial Services Authority (FSA) in Seychelles, the Financial Sector Conduct Authority (FSCA) in South Africa, and the Mwali International Services Authority (MISA). The presence of multiple regulatory licenses can enhance trust among traders.

Regulatory Authority License Number Jurisdiction Verification Status
FSC C116016172 Mauritius Active
FSA SD047 Seychelles Active
FSCA 49479 South Africa Active
MISA T2023244 Mwali Active

  While BDSwiss holds several licenses, it is essential to note that these regulators are not considered top-tier compared to authorities like the FCA in the UK or ASIC in Australia. The FSC and FSA are classified as tier-3 regulators, which may have less stringent compliance requirements. However, BDSwiss has maintained a relatively clean regulatory history, with no significant violations reported, which contributes positively to its legitimacy.

  

Company Background Investigation

  BDSwiss was founded in 2012 and has since expanded its operations globally, establishing a strong presence in Europe and other regions. The company operates under various entities, including BDS Markets and BDS Ltd, which are regulated in their respective jurisdictions. The ownership structure appears to be transparent, with no hidden affiliations that could raise concerns about potential conflicts of interest.

  The management team at BDSwiss comprises experienced professionals with backgrounds in finance and trading, enhancing the company's credibility. Their commitment to transparency is evident through the comprehensive information available on their website, including detailed descriptions of the services offered, regulatory status, and trading conditions. This level of openness is essential for fostering trust among clients.

  

Trading Conditions Analysis

  BDSwiss offers a competitive trading environment with a variety of account types tailored to different trader needs. The broker employs a spread-based fee model, with spreads varying depending on the account type. However, it is crucial to scrutinize the fee structure for any hidden costs.

Fee Type BDSwiss Industry Average
Major Currency Pair Spread 1.3 pips (Classic) 1.0 pips
Commission Model $6 per lot (Raw) $5 per lot
Overnight Interest Range Variable Variable

  BDSwiss charges a monthly inactivity fee of $30 if there is no trading activity for over 90 days, which can be considered steep compared to other brokers. Additionally, while the broker does not charge for deposits or withdrawals in most cases, a $10 fee applies to bank wire withdrawals under $100. These fees could impact overall profitability, especially for less active traders.

  

Client Fund Safety

  Ensuring the safety of client funds is a primary concern for any trader. BDSwiss implements several measures to protect client capital, including segregated accounts, which keep client funds separate from the company's operational funds. This practice is crucial in the event of insolvency, as it ensures that client funds are not used for operational expenses.

  Moreover, BDSwiss offers negative balance protection, which guarantees that clients cannot lose more than their deposited amount. This feature is particularly beneficial for traders using high leverage, as it mitigates the risk of substantial losses. However, it is essential to remain cautious, as there have been reports of fund withdrawal issues and client complaints regarding the speed and efficiency of the withdrawal process.

  

Customer Experience and Complaints

  Customer feedback is a vital aspect of evaluating a broker's reliability. BDSwiss has received mixed reviews from clients, with some praising its user-friendly platform and educational resources, while others have expressed concerns about withdrawal delays and customer support responsiveness.

Complaint Type Severity Level Company Response
Withdrawal Delays High Slow response times
Account Verification Medium Generally responsive
Inactivity Fees Medium Addressed in FAQs

  For instance, some users have reported issues with the withdrawal process taking longer than expected, leading to frustration. Others have noted that while the customer support team is generally helpful, response times can vary significantly during peak hours. These complaints highlight the importance of assessing a broker's customer service quality before committing funds.

  

Platform and Trade Execution

  BDSwiss provides access to several trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5), as well as its proprietary web-based platform. The performance of these platforms is generally well-regarded, with users reporting stable connections and efficient trade execution.

  The broker claims a high execution quality, with a significant percentage of orders executed without requotes or slippage. However, traders should remain vigilant for any signs of platform manipulation or execution issues, especially during high volatility periods.

  

Risk Assessment

  Trading with BDSwiss carries various risks that traders should consider. The following risk assessment summarizes key risk categories associated with this broker:

Risk Category Risk Level (Low/Medium/High) Brief Explanation
Regulatory Risk Medium Multiple tier-3 regulators
Fund Safety Low Segregated accounts, negative balance protection
Trading Costs Medium Inactivity fees and withdrawal charges
Customer Support Medium Mixed feedback on responsiveness

  To mitigate these risks, traders should conduct thorough research, maintain realistic expectations regarding trading outcomes, and consider starting with a demo account to familiarize themselves with the platform.

  

Conclusion and Recommendations

  In conclusion, BDSwiss presents itself as a legitimate broker with a solid operational history and a variety of trading options. While it is regulated by several authorities, the lack of top-tier licenses may raise concerns for some traders. However, the broker's commitment to fund safety, negative balance protection, and a user-friendly trading environment are significant positives.

  Traders should exercise caution, especially regarding the inactivity fees and withdrawal processes. For those seeking a broker with robust regulatory oversight, it may be worthwhile to consider alternatives such as brokers regulated by the FCA or ASIC.

  Ultimately, BDSwiss could be a suitable choice for beginners and active traders looking for a competitive trading environment, but it is essential to weigh the potential risks and fees before proceeding.

Is BDSWISS a scam, or is it legit?

The latest exposure and evaluation content of BDSWISS brokers.

THEY DO NOT ALLOW CAPITAL TO BE WITHDRAWN.
I deposited $267.41 into this fraudulent broker. Very high slippage, so I decided to withdraw, but my withdrawal has been pending since 06/04, I asked for help in the chat and they always say the same thing that they are having problems processing withdrawals, meaning that the deposit is processed instantly, but they have problems with withdrawals? They are scammers, stay away from this fraudulent and deceptive broker.
They refuse to pay out, it's a fraudulent black platform.
My name is Su Huan and my trading account is 50311780. I deposited $5136 into the BDSWISS platform on April 10th, 2025. I've submitted multiple withdrawal requests in May 2025 but they've been pending approval. Now, this platform seems to be on the verge of a shutdown, so I advise everyone not to deposit any more money into it. It only allows deposits, not withdrawals! This platform has turned into a Ponzi scheme!
scam broker
When you ask customer service whether you can deposit, they will say yes, then when you ask whether you can withdraw, they will say that they are fixing the withdrawal system for the past few months and it has not been completed until now... your deposit will be there forever and cannot be withdrawn.
VERY DANGEROUS BROKER!!!! is a fact...
1 days after making a deposit I tried to make a withdrawal and it was true as other people's reviews said that we can make a deposit but cannot make a withdrawal...stay away because they are just wasting time and they say there is an internal problem and we are told to wait for a very long time...stay away!!!!!

BDSWISS latest industry rating score is 4.77, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 4.77 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.

BDSWISS safe