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Abstract:The Reuters recently reported that the global epidemic has caused serious economic worries and set off an indiscriminate sell-off tide of financial instruments, including stocks, gold, foreign exchanges, commodities and bonds, in developed countries and emerging markets.
Broker's name: BDSWISS
Visited by: WikiFX
Address: Apostolou Andrea Street 11, Hyper Tower, 5th Floor, 4007 Mesa Yeitonia, Limassol, Cyprus
The Reuters recently reported that the global epidemic has caused serious economic worries and set off an indiscriminate sell-off tide of financial instruments, including stocks, gold, foreign exchanges, commodities and bonds, in developed countries and emerging markets; meanwhile, illegal brokers are frequently taking advantage of the epidemic to scam investors, worsening the life of those victims.
In order to better ensure the safety of investors' assets, WikiFX continues to visit brokers on the spot during the epidemic to bring the latest results in time and relieve the worries of investors. Recently, WikiFX visited the broker BDSWISS on-spot in Cyprus.
BDSWISS is operated by the Swiss company Bdswiss Holding Plc, which was founded in 2012 and obtained a regulatory license from CySEC (Cyprus Securities Regulatory Commission) in May 2013. At present, BDSWISS is one of Europe's leading professional forex / CFD trading financial institutions, and has provided online trading services to approximately 1 million customers worldwide.
According to the regulatory address and navigation, WikiFX team drove to the location of BDSWISS' office. Right off the Mesa Yeitonia Junction that runs through Limassol, we saw the office building with the BDSWISS giant logo. In less than 5 minutes, we found this new office building, Hyper Tower. Entering the building, we followed the floor directory and came the office on the 5th floor where BDSWISS is located. After explaining our intention to the front desk, we were allowed to enter the office. Through observation, we noticed that BDSWISS' Cyprus office was spacious, bright and grandly-furnished, with about 30 employees working in the office.
Conclusion
Through this visit, we confirm that BDSWISS' office address in Cyprus is in accordance with the regulatory information, and its CySEC MM license is under valid regulation. The broker's rating is 7.16 On WikiFX App. However, investors should note that according to the latest risk warning from WikiFX, the NFA generic financial service license held by the broker isn't qualified for forex brokerage, please beware of the risk.
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Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.