BDSwiss Review


BinaryMate
 

BDSwiss ReviewBDSwiss has been offering a web based platform for binary options traders since 2010 and have established a solid reputation for providing a first class service.  Their offerings are recognized as being varied, innovative and usually provide a very high rate of return. 

They are registered in Cyprus and regulated by CySEC; the largest regulatory body in the world for binary options.  There site uses SpotOption which is the most common and the most reliable software for binary option traders around the world.  BDSwiss offer returns of approximately eight five percent and a deposit matching service.  The minimum deposit is just $100 and you can trade from as little as $5 up to $1,500.  They have an excellent, well integrated mobile package to ensure you are always on top of your trades. 

Advantages 

  • Small initial deposit required  

  • CySEC regulated; this ensures a fair approach to trading and some protection for your funds, should the company have to go into liquidation.   

  • There is an excellent range of VIP benefits which provides a good variety of assets and advice. 

  • The site has been developed to be exceptionally easy to use with navigation being intuitive. 

Disadvantages 

  • The maximum amount of funds you can put on any one trade is very low in comparison to the majority of sites. 

Bonus Schemes 

Unlike many brokers there is not a set schedule of bonuses.  However, there are regular payouts from bonuses and promotions.  You will need to stay up to date with the developments on the website to know which offers are currently running but they can be exceptionally lucrative.  It is virtually impossible to predict what the next offer will be! 

Finishing ‘Out of the money’ 

Unfortunately the nature of binary options trading means that you will either make a good rate of return on your investment or you will lose your funds; there is no middle ground.  However, BDSwiss is possibly the only broker which currently offers some funds returned even if your trade goes wrong and you lose your funds.  The company will retain approximately ten percent of your investment and use these funds to help you get something back, even if your trade is a loss.  The maximum possible funds which can be returned is an impressive eighty five percent.  This means that you should make a good rate of return if your trade is in the money, and, you will still get something back if your trade does not go as expected! 

Account Type 

Unlike many of their competitors BDSwiss offers just one account; a live trading account which requires a $100 deposit.  The advantage of such a low deposit and low investment amounts is that you will have minimal exposure; this can be exceptionally beneficial when you are new to the market.  You have less to lose and this will make it easier to place trades that may seem ambitious. 

Range of Assets 

There are many different assets which can be traded through an account with BDSwiss.  Although you may not have the same range as the main stock market, you will have access to a big enough range to ensure anyone is comfortable investing their hard earned funds. 

Depositing Funds 

The most frequently used methods for depositing money include wire transfers, credit cards and debit cards.  It is also possible to deposit through a variety of other electronic methods.  You must always deposit at least $100 and the same minimum limit applies to withdrawals; it is also essential to withdraw funds via the same way you used to credit your account. 

Customer Service 

BDSwiss offers a twenty four hour, seven day a week service with exceptionally friendly and knowledgeable staff.  They are eager to help you resolve your issues and can be reached via live chat for an instant response.  The phone service is generally good and even emails are responded to quickly. 

Summary 

This is an excellent option for someone just starting out in binary options trading.  The low deposit, small amounts required for trades and the first class service combine perfectly with an exceptionally easy to use website.  The result is a site which works well whether you are new to binary trading or have been doing it for years. 

Their simple, yet direct approach has enabled them to become exceptionally popular and has ensured they are considered one of the leaders in this type of trading.  There is little to fault and a lot to recommend! 

 

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