Can I trust BDSwiss?

BY James Garrett 28/07/2022

Can I trust BDSwiss?

Overall, BDSwiss can be considered low risk as it is a well-regulated market maker/STP broker. BDSwiss has more than 1.5 million registered accounts with 55+ million trades executed per year with a trust score of 91 out of 100.

What happened to BDSwiss?

What has happened? In August 2021, the FCA acted to stop a Cyprus-based trading firm, BDSwiss Holding Plc, and other members of the BDSwiss Group from offering contracts for differences to UK investors. The BDSwiss Group trades using the brands BDSwiss, Swissmarkets and BDS Trading.

Why is BDSwiss closing UK accounts?

The regulator has banned BDSwiss from offering high-risk CFDs to UK investors after identifying serious concerns over its sales and marketing practices. The FCA has blocked a Cypriot-based firm, BDSwiss, from offering high-risk contracts for differences (CFDs) to UK investors.

Is BDSwiss an ECN?

BDSwiss is an ECN broker founded in Switzerland. They are regulated by a total of 4 regulatory bodies worldwide, including the extremely stringent NFA in the United States.

Is BDSwiss UK regulated?

BDSwiss is regulated by CySEC, FSC, and the FSA-Seychelles. *Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.3 % of retail investor accounts lose money when trading CFDs with this provider.

Can you use BDSwiss in UK?

The FCA has required BDSwiss Holding Plc to stop conducting any regulated or marketing activities in the UK and has directed it to take all reasonable steps to stop other members of the BDSwiss Group doing the same. It has also ordered the firm to close all trading positions and return the money to customers.

Does BDSwiss operate in the UK?

BDSwiss Holding Plc was operating in the UK under the Temporary Permission Regime (TPR), put in place for firms who used to operate in the UK under the European Economic Area passporting regime and who wished to continue to operate here following the UK’s exit from the European Union.

Can I use BDSwiss in UK?

Is BDSwiss a market maker?

Although it is an STP/market maker, BDSwiss offers its clients direct liquidity, routing all client orders directly to top global banks and exchanges so that they benefit from direct market prices and the best possible trading conditions.

What is the best broker for MetaTrader 4?

Best MetaTrader (MT4) Brokers

  • IC Markets – Best overall for MetaTrader.
  • Admiral Markets – MetaTrader suite, excellent trading tools.
  • FP Markets – Full MetaTrader suite, highly competitive pricing.
  • FxPro – MetaTrader suite, average pricing.
  • Pepperstone – MetaTrader suite with add-ons.

How much do BDSwiss affiliates make?

How much will I earn for my clients’ trades? It depends on the type and quality of the trades. For example, on a 50% Revenue Share plan an Affiliate would receive roughly $6 per traded lot on major currency pairs.

Can I trade on MetaTrader without a broker?

Can you trade on MetaTrader 4 without a broker? You can’t place any real trades within the MetaTrader 4 platform (MT4) or MetaTrader 5 (MT5) unless you open a live account with a supporting broker.

Is BDSwiss free?

Does BDSwiss charge withdrawal fees? BDSwiss does not charge withdrawal fees on credit card transactions, but there is a fixed fee of 10 EUR when withdrawals are either equal to or less than 20 EUR. This also applies to bank wire withdrawals that are equal to or less than 100 EUR.

Who programmed MT4?

Metaquotes Software Corp.
MetaTrader 4, also known as MT4, is an electronic trading platform widely used by online retail foreign exchange speculative traders. It was developed by MetaQuotes Software and released in 2005….MetaTrader 4.

Developer(s) Metaquotes Software Corp.
License Metaquotes Software Corp.
Website www.metaquotes.net/en/metatrader4

Who is the owner of MetaTrader 5?

MetaQuotes Software Corporation
Metatrader today, has two versions: MT4 and MT5, which were created by MetaQuotes Software Corporation in 2005 (Metatrader 4) and 2010 (Metatrader 5). This company is of Russian origin and is a leader in the financial software market.