Is BDSwiss regulated in Singapore?

As the largest and most liquid financial market in the world, the Forex/CFD market is regulated by the same regulating bodies that supervise banks and other financial institutions….Trading with a Regulated Broker.

Is BDSwiss regulated broker?

BDSwiss is a fully regulated CYSEC broker: BDSwiss is a trading division of BDSwiss Holding Ltd, a Company incorporated under the laws of Cyprus with incorporation no. HE300153 and regulated by the Cyprus Securities and Exchange Commission (“the CySec”) under licence number 199/13.

Is BDSwiss ASIC regulated?

BDSwiss has been regulated by CySEC (license 199/13) since 2013. BDSwiss LLC is authorised and registered with the USA National Futures Association NFA (ID: 0486419) BDS Ltd is authorized and regulated by the Financial Services Authority (FSA) Seychelles under license number SD047.

Is BDSwiss regulated in the UK?

BDSwiss also uses the Swiss Markets and BDS Trading brands. Its UK regulated division has been ordered to halt regulated activities and marketing in Britain, and to ensure that the other firms in the group do the same. It also has been told to return customers’ money.

Can you get scammed on BDSwiss?

No, BDSwiss is not a scam, is regulated by Swiss, Cyprus and other authrotities providng low risk Forex ad CFDs.

What is the minimum deposit for BDSwiss?

The minimum deposit required is 100 EUR/GBP/USD using a Credit/Debit card, a Bank (Wire) transfer, an e-wallet such as Skrill, Coinbase such as Bitcoin (BTC / BCH / ETH) and/or any other payment method you would see available on our website once you login and click on ‘Deposit’.

Who is the richest forex trader?

The trader credited with the world’s ‘richest forex trader’ title is George Soros. Famous for ‘breaking the Bank of England’ in 1992, his short position against the pound netted him over $1 billion and led to the Black Wednesday crisis. Today George Soros’ net worth is thought to be upwards of $8 billion.

Can BDSwiss be trusted?

AVOID BDSWISS! BDSwiss uses Instagram affiliates to advertise their service and effectively mislead people into believing they will make profits. Do not fall for their Instagram promotional posts, you will lose money. They are quick enough to take it and not quick enough in paying it back.

How long does BDSwiss take to withdraw?

* Withdrawals are processed within 24 working hours by BDSwiss. The time required for your funds to reach your account depend on your banks timeframe as well as the method used to withdraw.

What is BDSwiss spread?

A spread is simply the price difference between where the trader may purchase or sell an underlying CFD asset, this is commonly referred to as the bid and ask price.

What is the maximum withdrawal from BDSwiss?

There are no maximum limits on deposits or withdrawals.

Can I have 2 BDSwiss accounts?

Yes, BDSwiss allows up to 5 different trading accounts, 3 Classic, one VIP and 1 Raw account. In case you already have a Classic account and wish to have a VIP or Raw account, you will need to open a new account of the desired type as no upgrade can be done.

Who is the owner of BDSwiss trading company?

The owning company, BDSwiss Holding Plc. is regulated by CySEC under License number 199/13 and registered with the U.S. NFA. This gives us extra confidence that we are dealing with a trustworthy broker. Their website is well organized and always kept in tiptop condition, with updates and comprehensive info about trading conditions.

What is the purpose of the fraud triangle?

What is the Fraud Triangle? The fraud triangle is a framework commonly used in auditing to explain the reason behind an individual’s decision to commit fraud. The fraud triangle outlines three components that contribute to increasing the risk of fraud: (1) opportunity, (2) incentive, and (3) rationalization.

How is the customer service at bdswiss.com?

It appeared they were in partnership with a copy trader from BLW but the algorithm was changed by BDSWISS. One individual lost $1000 in 3 days and blew their account. No intervention there by BDSWISS to prevent things like this from happening. Denis was extremely helpful, answered all my questions right away, kind, respectful and full of knowledge.

How many people have lost money on BDSwiss?

Reading from the comments a lot of people lost money. Please look on youtube the title BLW Copy Trading FAIL EXPOSED. It appeared they were in partnership with a copy trader from BLW but the algorithm was changed by BDSWISS. One individual lost $1000 in 3 days and blew their account.