BDSwiss, formerly known as Banc de Swiss became one of the largest binary options brokers in 2012. The company that is located in Cyprus and Germany is especially popular in German speaking countries but also in other European countries and the US. BDSwiss’ competitive advantage is its superior customer support that treats customers individually and personally. They use the well known SpotOption platform which is maybe the very best white label platform in the industry: easy to navigate and very fast with plenty of features.
You can open your account with $100 only and the minimum option size is a tiny $5. You can also trade the very popular 60 seconds options. These are good reasons why BDSwiss is very popular amongst novice traders that look for a with an easy to use platform, low minimum deposit and an excellent customer support.
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Languages: English, German, Italian
min. investment amount: $5
max. investment amount: $1.500
Payout: up to 85%
BDSwiss Trading platform
Let’s make things short: The trading platform is simply great. You don’t have to read any manuals, FAQs or click the help button. The platform speaks for itself. Even if you trade binary options for the very first time you won’t have trouble using the BDSwiss platform to make your first trade.
The software is browser based and that means that you don’t have to download software and you can easily trade on every computer even with Mac and Linux. You can start trading within just a few minutes: opening an account, deposit through credit card, take a look at the platform, do your analysis and after 5 minutes you can make your first trade. Obviously all information are processed securely through SSL connection.
BDSwiss is one of the very few brokers that also provides a great platform for professional traders that can even create their very own options with the “option builder” feature. You can select your payout, level of risk and expiration date and trade with your very own options. There’s a “Traders Choice Bar” that indicates what trades other traders are currently making. So you can see how many traders decide for a call-option with EURUSD and how many trade a put-option at the moment. There’s some trading wisdom: you should not swim with the masses. So in this case you should trade what the majority of traders decides against.
Options Trading at BDSwiss
BDSwiss offers standard high/low options as well as other innovative options like touch-options. These are options where you can profit from very volatile market conditions. For example you expect new company data from Facebook the upcoming week. Then you can buy a binary touch option as it’s highly likely that the released data will distinguish from the market expectations which means that the stock will be highly volatile. Touch options are perfect to profit from these fluctuations.
There are more than 170 assets waiting for you! You can trade with single company stocks or also indices. If you prefer currencies (Forex) or commodities you will find plenty of options at BDSwiss: Crude oil, Gold, Silver, EURUSD, EURCHF, USDJPY… there are no limits with this broker!
Bonus and cashback
There are bonuses and VIP programs at BDSwiss but they don’t promote it online. We suggest that you use their live chat to find out what they currently offer.
We tried a couple of bonuses that are offered at BDSwiss and there’s no doubt that these bonuses are the best in the industry. You don’t have to wager the bonus amount 40 or 50 times like it’s the case with other brokers. About 10 – 20 times are just fine – depending on your deposit amount.
Service and Customer Support
The customer support is one of the strengths of BDSwiss especially. Everybody is a VIP at BDSwiss and will be treated this way. You can contact their support via live chat, email, Skype and phone.
Deposit and Withdrawal
You can open an account with only $100 when you make your deposit with credit card or Moneybookers/Skrill. If you want to deposit using wire transfer you have to deposit at least $250. But this is still relatively low compared to other brokers and offers novice traders great opportunities to enter this market cheaply.
You can deposit at BDSwiss using this link >>
BDSwiss is a pretty young broker but we really loved them after our test and understand how it was possible to gain such popularity within just a few months. That’s the reason why we think that BDSwiss will keep on improving their offering over the next few years and will become one of the top choices amongst all binary options brokers. The platform is excellent, there’s no slippage, the customer support is absolutely unique – everything you need to trade successfully. We can recommend this broker to novice traders and professionals alike.