Banc De Swiss ( BDSwiss ) Review
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|Broker||Banc De Swiss ( BDSwiss )|
|Headquarters||Makariou III Street 160 3026, Limassol, Cyprus|
|Support Number||+49 691 7536 8649|
|Support Types||Phone , e-Mail Form , Fax , e-Mail , Live Chat , Postal Address|
|Languages||English , German , Greek , Italian , Danish , Norwegian , Polish , Finish , Swedish , Dutch , French , Spanish , Russian , Slovakian , Turkish , Chinese , Korean , Portuguese , Czech|
|Minimum 1st Deposit||$100|
|Minimum Trade Amount||$25|
|Maximum Trade Amount||€1,500|
|Bonus||100% Welcome Bonus|
|Free Demo Account|
|Regulation||Cyprus Securities Commission (CySEC)|
|Deposit Methods||All Major Credit Cards , Bank Wire , Maestro , Sofort , Paysafecard , Ukash , Giropay , EPS , Postepay|
|Withdrawal Methods||All Major Credit Cards , Bank Wire , Maestro|
|Trading Methods||Browser , Mobile|
|Number of Assets||171|
|Expiry Times||30 Sec , 60 Sec , 2 Min , 30 Min , 1 Hr , 24 Hr , 24 Hr+|
|Types of Assets||Currencies , Commodities , Indices , Stocks|
|Option Types||Binary Options , Pairs , Long Term , 60 Seconds , One-Touch , Ladder|
|US Traders Allowed|
- Regulated Broker
- Rich # of Assets
- SpotOption Powered User-Friendly Trading Platform
- Many Language Alternatives
- Education Center
- Strong Brand Image
- No Demo Account
Banc De Swiss (rebranded as BDSwiss) is known for its wide range of amazing promotions and features that it provides all its traders with. And it is a regulated binary options broker. BinaryBrokersClub.com could not resist but review this binary options broker because they meet almost all of our expectations.
Banc De Swiss has a really simple objective, which is to provide an advanced trading environment to its entire loyal customer base and help them gain profit with the expertise of Banc De Swiss. You can check the entire review down below to know all about the trading experience and features of BDSwiss and how they have improved over the years in comparison to the rest of the industry. Please kindly note that Banc De Swiss does not welcome traders from the US.
Banc De Swiss Special Features
Banc De Swiss, as we already have mentioned in the introductory part, is regulated by the EU authorities, which makes it really secure, and is also licensed with CySec under the number 199/13. All these things ensure the fact that traders really do not have to worry about the safety of their funds and can be more than sure that no one will have any access to their data streams. Banc De Swiss has kept itself completely regulated because they believe it builds trust right from the initial stages of relationships with the customer. This is what makes Banc De Swiss properly co-operate with the regulatory organizations over Europe as well.
Apart from the feature of being regulated, Banc De Swiss also brings to the customers a wide range of amazing features with the help of which users gain more enhanced insights in all the critical market moves and occasions. A lot of up to date news and reviews can be found all over the Banc De Swiss website, so the traders can keep up to date with the latest information about the binary options trading industry. Moreover, all the news pieces are sorted professionally so they can be searched with ease. Apart from all this, here’s the best part; the tags here are the assets, this enables traders to track down any asset in no time. Tags kill the cluster. We did love all of this as we used Banc De Swiss’ services for our review.
Besides, BDSwiss supports all the traders via an integration of the Economic Calendar. When this is coupled to the news section, the minimum trading tools which are required to run the events/news trading. Hence, enabling greater and more secure returns based on the way market moves after the release of data reports and news.
Besides, to make sure the above things are more understandable and the chances of positive returns are better, Banc De Swiss grants a number of education possibilities with the help of which any trader could gain all the information they need about the markets or binary options before they begin their trading career. Additionally, Banc De Swiss gives an extra advantage to all the traders with a few advanced trading skills by providing them an access to the ‘VIP Lounge’ where traders can interact with each other, sharing their personal experiences, with the help of localized chat rooms and community tools. We believe this is a really brilliant and helpful feature, and it totally found its place in our favorites.
This broker also organizes a number of competitions in which the traders can take part in order to enhance their skills using the heat of competition. This way, traders also get the chance to win a number of bonuses, rewards and badges.
Banc De Swiss – BDSwiss YouTube Video Review
Banc De Swiss Trading Software and Assets
We already mentioned in the commencement of this Banc De Swiss review that this is a binary options broker that grants a really advanced trading platform, which is easy to use at the same time. In this section of our review, we will be emphasizing a bit more on the SpotOption based trading platform offered by BDSwiss and about all the features one can expect to find on this platform. Everyone would already have heard of the trading interface, it is provided by SpotOption after all. Besides, the generic color profile appears classic and simple and stays that way even though there are a number of buttons and options over the interface.
This is a next generation platform and consists of unbelievable customization features, mainly when it comes to the trade window. It is up to the trader whether to show just one trade, a list, an entire table or a complete three-row window, based on how many trades the trader is making. This was really practical and helpful, letting the traders keep an eye on all their trades easily.
Apart from all this, Banc De Binary offers a wide range of binary options contracts one could use. A number of binary options types have been included, which include: Options, Long Term Options, Pairs, 60 Seconds (Turbo), Ladder and OneTouch. These are just too many possibilities, and this obviously pleased us as we continued to examine the trading platform for our Banc De Swiss review. Besides, one can also create their own portfolio as well as the term structure of all the upcoming expiries however they wish to.
However, one factor that did not really please us was the list of assets, which included only 20 indices, 15 currency pairs, 7 commodities and 27 stocks. Even though this is sort of in accordance with the industry standards, and even though Pairs and OneTouch already do exist to ensure higher returns and drive one’s portfolio, more assets would have been great. Double up or Trader’s choice and rollover are the other tools one can use.
Banc De Swiss Support and Services
The support that Banc De Swiss offers is global and the people responding to your requests are trained personnel who will always support you in your trading career right from the beginning. In order to contact support, traders can go for live chat, mail, e-mail, phone, fax and social networks.
There is a total of 13 national phone numbers available which the traders can call to reach support. We, however, mainly went for the mail options in this review, but we couldn’t have been pleased more after seeing Italy, Norway, Denmark, Switzerland, Austria, German, Greece, Spain, Sweden and much more. We concluded, after seeking help from the support, that the support team is really helpful and greatly helps you with all your questions, and will surely provide you a helping hand whenever you get stuck.
Banc De Swiss Banking and Company
We went for the credit card option in this BDSwiss review of ours. The credit card option is a really significant service that the brokers must efficiently provide, and this expectation was reached by Banc De Swiss. All the transfers and banking services are critical to a broker’s success. This because it is basically the way traders deposit and withdraw their money from their trading accounts, so no excuses and this section must be as efficient as possible. The traders should be able to trust that their money is going to be safe. This is the reason why we spend that extra hour examining the banking section especially, regardless of which broker we are dealing with. Banc De Swiss is no exception either.
We have to say that it is really easy to deposit and withdraw funds from your accounts with Banc De Swiss. Users only need to log in and enter the control panel of the said account and then fill up a small form. However, the deposits or withdrawals are not instant. A bit of waiting time is displayed by Banc De Swiss once a transfer is made, regardless of which method was used, so we suggest that everyone should take a brief look at this before they decide an ideal way to carry out financial activities with Banc De Swiss.
Traders can go for either bank wire, credit cards, Sofort, Maestro, Ukash, PaySaf, EPS and GiroPay. All these payment systems mentioned here are trusted and flawless with their security. Moreover, all the money transfers made using Banc De Swiss are secure, being SSL encrypted. The transfers are immediately booked if Maestro, Credit Cards or net wallets are used. However, wire transfers take a tad bit longer. At the time of withdrawal, the traders will have to wait a bit for the processing to take place.
Banc De Swiss clearly states a withdrawal policy of 48 hours which seems to be on the lower end of what we see basically in the industry. All in all, in order for the funds to show up on the account of the users, it could take about 2 – 7 days. The minimum amount a user can withdraw is $100, which we believe could have been a bit lower. There is no fee charged on credit card withdrawals. A fee of $25 is charged on withdrawals done via bank wire.
“BDSwiss Holding Plc.” operates and owns Banc De Swiss, and is registered in Cyprus, having offices in Germany and Cyprus.