The length of time that a withdrawal request takes to process with BDSwiss depends on the request type and method used. All requests are moved through a processing stage during which mandatory checks are performed before being completed.
This can take up to three (3) business days.
Once a request is approved, the funds may take up to five (5) business days, depending on the method used, to be credited to the user’s external account. This includes a minimum processing time of three (3) business days for most payment systems.
An additional processing and clearance time of up to five (5) more business days may be required if the withdrawal amount reaches €/£ 25,000 (or currency equivalent).
So in total, a withdrawal can take up to thirteen (13) business days.
What happened to BDSwiss?
BDSwiss is an online financial trading services provider that is based in Zurich, Switzerland. The company was founded in 2011 and quickly grew to become one of the leading online brokers in Europe. In 2020, BDSwiss underwent significant restructuring and became part of the Leadcapital Markets group.
This new restructuring resulted in a much wider offering than BDSwiss previously had, with access to multiple asset classes, markets and services now available.
The decision to restructure BDSwiss was aimed at diversifying the company’s offering and providing a more comprehensive range of trading services for its customers. As part of the restructuring, BDSwiss switched its business focus from retail to institutional investors and now provides services to corporate clients, fund managers and high net worth individuals.
This move has allowed BDSwiss to improve its offerings and provide more advanced trading experiences for its clients.
BDSwiss is also now regulated by the Swiss Financial Market Supervisory Authority (FINMA) as well as the Cyprus Securities and Exchange Commission (CySEC). By maintaining compliance with both of these regulatory authorities, BDSwiss ensures that it operates in a secure and responsible manner, protecting its customers and giving them added assurance when engaging with the platform.
The company is also committed to providing the highest level of customer service and satisfaction and has built up a solid reputation in the online trading industry.
What is the minimum withdrawal on BDSwiss?
The minimum withdrawal amount with BDSwiss is 100 EUR or USD, depending on the currency of your trading account. Withdrawals are processed through wire transfer or credit/debit cards, and you must use the same method as your original deposit.
Any processing fees incurred will be deducted from the withdrawal amount. You may be requested to provide additional identification for certain withdrawals, such as picture ID and proof of residence, depending on the length of your trading activity and the amount of money that you are withdrawing.
Is BDSwiss a good broker?
BDSwiss is a popular online broker that offers access to Forex and CFD trading. The broker is regulated by CySEC in the European Union and complies with the MiFID directive. This means that BDSwiss adheres to a high standard of safety and security when it comes to their clients’ finances.
In addition to this, BDSwiss offers a range of benefits, such as a user-friendly trading platform, competitive spreads and low transaction fees. All of these features combined make BDSwiss a good choice for those looking for a reliable broker for their trading needs.
Furthermore, the customer support team are very knowledgeable and helpful, making sure that users get the best trading experience possible.
Can you trade Crypto on BDSwiss?
Yes, it is possible to trade Crypto on BDSwiss. BDSwiss offers a wide range of Cryptocurrencies for trading, including Bitcoin (BTC/USD), Ethereum (ETH/USD) and Litecoin (LTC/USD). Traders on BDSwiss can access crypto markets 24/7 and execute trades from the award-winning BDSwiss Forex/CFD trading platform.
Traders have access to variable spreads, competitive leverages and the chance to execute orders with lightning speed. BDSwiss also provides educational resources including Crypto trading guides, webinars and an economic calendar.
Furthermore, the trading platform contains a range of advanced charting tools and technical indicators to aid trading decisions. Additionally, traders can choose to trade manually or switch to an automated trading strategy.
All in all, BDSwiss is an ideal choice for trading Crypto.
How do I withdraw money from MetaTrader 4?
To withdraw money from MetaTrader 4, you first need to access the platform and login to your MetaTrader account. Once logged in, select ‘Account’ from the main menu on the left. This will open a window with details of your account.
From there select ‘Withdraw Funds’. A form will appear which will require you to enter the amount and currency you would like to withdraw, along with your designated method of withdrawal. You will also be asked to provide bank details or a details of an e-wallet or other payment method, depending on your choice of withdrawal method.
Once the details have been entered, simply submit the form to proceed. You will then be asked to confirm your withdrawal. Depending on the method you have chosen your funds will be transferred to the specified bank, e-wallet or other payment method.
Can forex make me rich?
The short answer is that Forex trading could potentially make you rich, but there is no guarantee that it will. Forex trading involves significant risk, and it is possible to lose money trading currencies.
Many successful traders have become wealthy through Forex trading, but there are also plenty of stories of people who have lost significant amounts.
Before attempting to trade Forex, it is important to understand the risks and have a solid plan in place. You need to educate yourself on the markets, the different aspects of trading, and develop a working strategy.
You should always be aware of the potential losses involved and never risk money that you cannot afford to lose. With a solid understanding of the markets, consistent money management and discipline, you may be able to generate solid profits from Forex trading.
Is forex still profitable?
Yes, Forex is still a very profitable market. It is the largest and most liquid financial market in the world, with an estimated daily trading volume of over five trillion dollars. It is estimated that 85% of this volume comes from speculative trading.
The massive amount of liquidity and multiple market participants make it an ideal market for those seeking market exposure to various currencies.
The liquidity and availability of the market provides immense opportunities for short-term traders, as well as long-term investors. Even in times of economic uncertainty or crisis, there will still be traders who are willing to take the risk and invest in Forex as they believe there are still opportunities and profit to be made.
The rapid price movements and large amounts of leverage available also provide great opportunities for day traders.
Those who choose to trade Forex have an array of tools, resources, and strategies available to them that enable them to be more successful and potentially profitable in the markets. This includes things like technical and fundamental analysis, a variety of trading tools, and risk management strategies.
In addition, traders may also take advantage of trading signals, software automation, and other resources to help identify trading opportunities.
Overall, Forex remains a profitable and highly liquid market, with immense opportunities for traders of all levels and backgrounds.
Does MetaTrader 4 make money?
Yes, MetaTrader 4 (MT4) can potentially make money. MT4 can be used to place trades directly on the financial markets, allowing you to take advantage of price movements in a variety of financial products, such as forex, stocks, indices, and commodities.
Through placing trades, you have the potential to generate profits from successful trades.
Like any other form of trading, to make money with MT4, you need to understand the markets and employ appropriate risk-management techniques. Day trading requires knowledge, experience, and discipline, so it is important to take the time to learn the basics and practice your strategies with a demo trading account before using real money.
It is crucial to be familiar with the tools and platform settings and explore the indicators and strategies before trading with real money. As with any form of trading, there is the potential to make money, but also the potential to incur losses.
Is BDSwiss Licenced?
Yes. BDSwiss is fully licensed and regulated as a European Investment Firm. It is regulated as a CIF (Cyprus Investment Firm) by the Cyprus Securities and Exchange Commission (CySEC) with authorization number 204/13.
BDSwiss is also authorized by the Financial Conduct Authority (FCA) in the UK with authorization number 624755. This ensures that the broker follows the most stringent procedures and rules which are in place to protect customers’ funds, privacy and personal data.
In addition, BDSwiss is a member of the Investor Compensation Fund (ICF), which provides protection and compensation for potential losses that may occur to investors when a CIF is unable to meet its financial obligations.
This also ensures that in the unusual event of insolvency, clients of BDSwiss are protected.
Where is BDSwiss based?
BDSwiss is an international financial services provider based in Switzerland. It is headquartered in Zurich and has offices in Germany, Cyprus, Portugal, United Arab Emirates, and Serbia. BDSwiss is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC).
The company focuses on providing traders with reliable, technologically advanced trading tools, educational materials, and financial services, such as foreign exchange, commodities, contracts for difference, and stocks.
BDSwiss provides a wide range of services, from web-based trading, accounts management, and mobile trading, to social trading and market analytics. So, to conclude, BDSwiss is based in Switzerland with offices in various countries.
Is BDSwiss an ECN?
No, BDSwiss is not an ECN. BDSwiss is a Forex broker which provides Forex, CFD and Crypto trading services. ECN stands for Electronic Communication Network and is a technology used by forex brokers which allows for direct connections between the broker’s traders and its liquidity providers.
This means that traders can access more competitive prices and more liquidity, which can improve their trading performance. BDSwiss does not currently offer ECN accounts and instead offers its own proprietary trading platform, as well as MetaTrader 4.
Does BDSwiss have inactivity fee?
No, BDSwiss does not have an inactivity fee. However, BDSwiss does offer customers a range of services and product packages that may have fees that are associated with them. These include trading courses, asset management services and other premium features.
But, there are no fees for being inactive – only for using the services that are offered. That said, BDSwiss does observe fair trading practices, which includes charges for accounts that are left dormant or inactive for an extended period of time (generally over a year).
In the case of dormant or inactive accounts, BDSwiss may levy small maintenance fees which can be applied retrospectively. Customers are kept up to date on such proceedings, with current pricing and inactivity fees listed clearly and prominently on the BDSwiss website.
Who is the CEO of BDSwiss?
The current Chief Executive Officer (CEO) of BDSwiss is Constantin Apostolou. Constantin has been the CEO of BDSwiss since 2019 and is responsible for leading the company growth strategy. Prior to taking the role of CEO at BDSwiss, Constantin had over 20 years’ experience in the financial technology industry, with a background in strategy, operations, and finance.
During his previous role at DeepMarkit, he was responsible for the successful launch of their European operations. Additionally, Constantin held corporate leadership roles of increasing responsibility at other technology companies.
Which is the forex broker?
A forex broker is a financial services firm that facilitates the buying and selling of foreign currencies on behalf of its clients. Forex brokers provide access to a platform where a trader can buy and sell different currencies as well as track their transactions.
Forex brokers typically offer a range of services such as trading advice, market analysis, educational materials, trading software, market data and tools to help the trader make informed decisions. Some may also provide more complex services such as commodity and derivatives trading.
Choosing the best forex broker will depend on the individual’s trading needs, preferences and budget. It is important to research forex brokers and compare the different features they offer before making a decision.
How do I fund my BDSwiss account?
There are a variety of options available to fund your BDSwiss account. One of the most convenient methods is using your credit or debit card. To do this, simply log into your BDSwiss account, and navigate to the payment section.
From there, select the ‘Credit/Debit Card’ option. You will then be asked to provide your card details such as the card number, expiration date, and security code. Once the details have been verified, you can enter the amount of funds you wish to transfer and the currency.
Another popular method for funding your account is via Bank Transfer. Simply log into your BDSwiss account, and navigate to the payment page. Select the ‘Bank Transfer’ option and enter the necessary information such as your bank’s name, country and currency of the transfer.
You will then receive instructions on how to make the payment. Please note that it can take up to several days for your funds to show up in your BDSwiss Account.
You may also fund your BDSwiss account using the e-wallet such as Skrill and NETELLER. To do this, select the ‘Skrill’ or ‘NETELLER’ option on the payment page, and enter the amount you wish to transfer.
The funds will then be available immediately in your BDSwiss account.
Finally, you can also use alternative methods such as Bitcoin, Ethereum E-check, and AstroPay to fund your account. To do this, select the appropriate method on the payment page, and follow the provided instructions.
Once the payment is successfully processed, the funds will reflect in your account immediately.
Whichever method you choose, it’s important to make sure you understand the terms and conditions associated with the payment type, and take any other necessary precautions to ensure the security of your funds.
Who is the richest forex trader?
At this point, there is no clear answer to who the world’s richest Forex trader is. In the highly dynamic and competitive world of Forex trading, there is always room for a new trader to make a hefty fortune.
However, some traders have made especially impressive strides in the currency trading world. George Soros is often referred to as the “God of Forex” and is arguably the best known and most successful Forex trader in the world.
He made his fortune by shorting the British pound against the U. S. dollar in 1992. His massive bet earned him more than $1 billion in a single day and pushed the value of the pound to a staggering low.
Another important name in the Forex trading world is Ray Dalio. Dubbed the “King of Currency Trading”, Dalio has created some of the world’s most successful hedge funds. His fund Bridgewater Associates is currently worth an estimated $160 billion and puts Dalio at the top of any list of the world’s richest Forex traders.
Lastly, there is Bruce Kovner, an American businessman and philanthropist who made his fortune by creating a highly successful hedge fund called Caxton Associates. In 2015, Kovner had an estimated net worth of around $4.
3 billion, making him one of the wealthiest individuals in the entire world.
In conclusion, given that the world of Forex trading is constantly changing, there is no clear answer to who the world’s richest Forex trader is. However, some traders such as George Soros, Ray Dalio and Bruce Kovner have made immense strides in the industry and are certainly the names to watch.
How do I find out if a broker is regulated?
Figuring out if a broker is regulated can be done by taking a few simple steps. The most important part is to check if the broker is registered with a regulatory body. Most brokers will be registered with a national regulatory body like the U. S.
Commodity Futures Trading Commission (CFTC) or the Financial Industry Regulatory Authority (FINRA). If the broker is registered, it should show in their public profile.
You can also verify the broker’s regulatory status by asking the broker if they are regulated, and asking for proof. Most regulated brokers will be happy to provide this proof as they have nothing to hide.
You can also look for memberships in organizations or other marks of compliance like an ISO license.
It’s also important to take a look at customer reviews of the broker. This can be a great way to get a feel for how trustworthy and transparent the broker is. If there are multiple cases of customers having their money stuck or having problems with broker services, then you should probably stay away from that broker.
Finally, it’s important to read the terms and conditions of a broker. These terms and conditions can reveal a lot about how a broker operates and what you can expect from them. If any of the points in the terms and conditions are too vague or seem suspicious, then you should probably look for another broker.
By taking the time to check these points, you can be sure that you’ll find a broker that is regulated and trustworthy.
