BDSwiss (formally Banc De Swiss) is a broker that places a strong emphasis on serving clients in the European markets. It aims in particular to appeal people who like idea of Swiss security and efficiently when it comes to managing money.
Owned by Keplero Holdings Ltd, the broker was founded in Europe 2011. The broker is fully regulated for providing services in the EU.
It’s solution makes use of the widely supported SpotOption trading platform. This has been given a particularly clean interface under this branding making it an attractive trading platform.
Key Features At A Glance
- Founded – 2011
- Platform – SpotOption
- Deposit Requirement – $100
- Minimum Trade Size – $25
- Contracts Available – Higher/Lower, One Touch, Boundary, 60 Second
- Typical Return – 80%
- Rebate – Up to 10%
- US Traders – No
- Account Handling Currencies – USD, EUR
- Deposit Options – Credit/Debit card, Bank Wire, Sofort, Ukash, PaySafe
BDSwiss offers a single level of account to all its traders. Since you can only open one account it is quick and easy to get yourself set up and trading.
An account can be opened with one of the lowest deposit requirements on the market of just $100. Trading accounts can be operated in either USD or EUR.
Of course in reality you will need a larger deposit to balance your trading risks. Nevertheless this low requirement is ideal for traders who don’t want to tie up a lot of capital at the outset while they get used to trading in live markets.
There are over sixty different assets which can be traded with this broker. These include Forex pairs and Indices and a selection of the most popularly traded global Stocks. There is also a wide range of commodity contracts.
The total Asset Index reads as follows – 18 Indices, 25 Stocks and 15 Currency pairs. In addition you can also trade 7 commodities including gold.
Trading With BDSwiss
The trading interface of Banc De Swiss is very clean and easy navigate. Consequently new traders should find it simple to become familiar with.
Underneath the clean exterior is the popular SpotOption binary options platform. This is feature rich and yet still offers a wide range of facilities. Clients find Higher/Lower, Boundary, Touch and 60 Second contacts available to trade.
Other features of the platform that are offered include the Double Up and Rollover. The Double up lets you double the value of your investment on a live contract to increase your payout. This can be used on high conviction trading positions if you want try to boost your profits.
The Rollover feature allows you to ‘rollover’ your contract for a premium if you don’t think it will end ‘in the money’. Effectively you can extend the time period over which the contract runs to increase your chance of winning.
Mobile trading is catered for by the BDSwiss mobile trading app. Traders can access their account and monitor orders using this software.
A mobile trading app is provide for almost all platforms. Apps can be download for iPhone, Android Mobile, iPad and Android Tablet. Because of this range of Apps most traders should find themselves catered for.
Support levels provided by the broker are among the best around. The website is supported in over ten different languages and 11 international telephone support numbers are provided. Each of these will put you in direct contact with support for your region.
Other routes to support include online website chat and direct email to the support desk.
Summary Of Key Features
- Decent payouts and the widely regarded core SpotOption Engine
- Good support and backup for your trading.
- European based and trader focused
BDSwiss Review Verdict
In the end BDSwiss provides a good example of a SpotOption based broker. It stands out due to its clear and attractive interface. European traders are well catered for as the website is provided in English, in addition to German, Swedish, Norwegian and Italian. Dedicated telephone support numbers are also available for each language.
This broker is a good choice, offering a sufficient range of features for most traders courtesy of it’s SpotOption platform.