BDSwiss has been in operation since 2012. They are owned and operated BD Swiss Holdings who are headquartered in Cyprus. BDSwiss stands for Banc de Swiss.
BDSwiss uses the latest Spot Option trading platform, and they are a very popular binary options broker in all of Europe. And yes, BDSwiss is licensed and regulated by CySEC.
Since BDSwiss uses the newest Spot Option platform, investors can trade binaries in 30 second, 60 second, 2 and 5 minute options, along with one touch, ladder and pairs. Also they offer a Forex and CFD platform.
BDSwiss has also made their system available in a wide variety of languages.
BDSwiss Deposit Terms & Conditions
BDSwiss has a range of deposit options with the minimum deposit being only 100 units.
You must be 18 or older to use the BDSwiss binary options trading system, and United States traders are not accepted.
You can deposit using credit or debit cards, wire transfer and some ewallet methods like Skrill and Neteller.
While you do not have to until you are requesting a withdrawal, it is recommended that you send BDSwiss compliance documents immediately after depositing so withdrawals will be processed quickly. The compliance documents consist of:
- A copy of the credit card used
- A copy of your government photo identification
- A copy of a bank statement or utility bill showing your name and address
These are needed to comply with anti-money laundering regulations and to protect your interests.
BDSwiss Bonus Terms & Conditions
BDSwiss does have some great bonuses and promotions. Naturally as with all binary options brokers, there are some stipulations you must meet before you can withdraw that bonus money. But BDSwiss has some of the best terms I have found.
When you receive a bonus from BDSwiss, you are required to trade a volume of 15 times the bonus amount before you can withdraw that bonus money. So if you received a $100 bonus, you would have to trade a volume of $1,500.
Many traders do not accept these bonuses because of the stipulations attached to them.
BDSwiss Withdrawal Terms & Conditions
BDSwiss processes withdrawal requests within 3 working days. The minimum withdrawal is $100 and it will be processed back to the same method you used to deposit.
As long as you sent in the required compliance documents, withdrawals flow quite smoothly.
I checked complaints against BDSwiss and I found very few, with the majority being over bonuses and the investors not reading the terms before accepting the bonus. I didn’t find any complaints regarding withdrawals.
BDSwiss seems like a great binary options broker you can feel confident trading with.