BDSwiss Review (bdswiss.com) FRAUD EXPOSED – BDSwiss Scam Broker

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BDSwiss Review (bdswiss.com)

Conclusion

After you have done your evaluation of BDSwiss (bdswiss.com), you can conclude that this brokerage is up to no good and you should look for a different option.

Broker Rating

0.1

Get Your Money Back From This Broker!

BDSwiss (bdswiss.com) is without a doubt a %100 fraudulent brokerage firm. It is NOT a real broker! Stay away! BDSwiss scam works by getting you to believe you can become rich by trading with them.

BDSwiss Review

There is a sea of online brokers you will come across when you begin looking for one. Each of these will promise to give you access to an array of trading instruments in the financial markets, but whether they can live up to their claims remains to be seen. When you are exploring the options at your disposal, it is vital to remember that not all companies that are touting their services are being honest with you. Many of these are fraudsters that are only trying to lure you to their platform to steal your money, as this BDSwiss review will show.

It is these companies that you have to be wary of because no one wants their money to be stolen by criminals. However, you will only manage this when you assess the offerings of a brokerage carefully. This means not taking everything at their word because no scammer is ever going to accept that they are a fraud. They are going to do the opposite i.e. convince you that they are authentic and can offer you the best possible services. You have to do your own assessment to know if they are really being truthful or not.

This means looking at the promises they make and verifying the claims that attract you to the platform. If they are lying, you need to steer clear of them and look for a different option. The same approach should be taken when you find BDSwiss that presents itself as a professional brokerage with all the right ingredients to deliver a seamless trading experience. You are promised access to the top instruments in the financial markets, with the right platform and conditions you will need for making profits.

It sounds like the kind of deal you are looking for in an online broker, but an assessment shows that BDSwiss is nothing more than a sham that you need to steer clear of. Why should you do that? You can find more details below:

No licensing

The first and most prominent reason for you to steer clear of BDSwiss is that it is not licensed or regulated. This is the top characteristic that you need to look for because you want quality services combined with safety. Only a licensed and regulated company can offer you both because they are under the oversight of the regulatory body in the jurisdiction they are based in. This ensure compliance with laws and rules that can provide a safe trading environment with complete transparency.

Unfortunately, you will not find any mention of a license in the BDSwiss presentation. The broker has not talked about regulation anywhere and this should immediately worry you because a genuine brokerage would never do so. They would be transparent and upfront about their license and regulation to reassure their clients. Not only does BDSwiss not talk about its license, it has not provided any information about itself.

You can go through the entire BDSwiss website and not find any detail about its corporate background, or even a corporate address. There is no such detail given and the ‘Contact’ section of the website is also devoid of an address. It means that the company is anonymous and that does not incite any trust. There is only a vague mention of the Marshall Islands in the Terms and Conditions found on the BDSwiss website. Again, this does not help with its credibility because the Marshall Islands is an offshore jurisdiction that does not regulate its forex industry.

Hence, you are essentially dealing with an unregulated and anonymous brokerage where BDSwiss is concerned.

Lack of trading software

You are in for a surprise if you try to check out the trading software that BDSwiss offers because you will find none on its website. The primary offering of every online broker is its trading software, as it connects to the financial markets in real-time and is used for executing trades. It is also equipped with the trading tools that people use for making smart and timely decisions.

But, you will not find any trading software on the BDSwiss website and this is shocking because there can be no trading without it. Why should you sign up with BDSwiss when it does not have a trading software? Obviously, you should not do that.

Conflict of interest

However, you are going to find the answer to the question about the absence of a trading software when you take a look at the account options that are offered at BDSwiss. This is because you will see that it does not offer account options to its clients. Instead, it has investment plans that you can choose from, which means you are required to invest funds with the broker that it will trade on your behalf.

When you go through the various investment plans on the BDSwiss website, you will notice that each of them is offering returns between 30% and 70%, which is quite impressive. Who does not want to sit back and earn money without doing anything? But, this should worry you straight away because anyone offering guaranteed returns is trying to scam you.

This is particularly true in the case of the financial markets because they are highly unpredictable. Even professional traders cannot always guarantee profits and anyone claiming to do so is just leading you on, which is what BDSwiss is doing. Secondly, you should remember that online brokers by their nature are market makers.

This means that they earn profits when you make losses, so when you invest funds with BDSwiss, there is a higher chance that they will squander your money. After all, they are not going to make profits for you when it means losses for them. This is a conflict of interest that will never work in your favor. Lastly, the minimum investment that BDSwiss is asking for is $1,000, which is just too high.

The Answer

These are some very strong reasons for you to steer clear of BDSwiss because it is a sham that just wants to exploit you.