Review of the Bdswiss Broker Scam Scheme: Fraud Reviews
Bdswiss is one of the leading European brokers specializing in trading cryptocurrency, Forex, and CFDs. Currently, the company has over a million open accounts. In addition, Bdswiss offers educational webinars to quickly start trading.
Where Does the Forex Broker Bdswiss Reside? Analysis and Verification of Contact Information
For any company, it is important to provide accurate information about its location, contact details, and support. However, upon closer inspection, the data provided by Bdswiss raises doubts.
The Bdswiss Broker Provided Limited Information About Its Company:
Contacts for Clients and Partners:
The address 6th Floor, Nexteracom Building, Ebene, Mauritius. belongs to the company Vistra. However, upon verification, it is found that offices at this address are not rented out, and no one knows about the company BDS Markets here.
How Does Bdswiss Use Personal Data? Agreement Analysis
When analyzing the policy of using personal data by the company Bdswiss, several alarming points are noted:
Point 5
The company Bdswiss reserves the right to transfer personal information to third parties, including business partners, analysts, and credit history agencies without the client’s control.
Point 7
The Bdswiss broker may use and store clients’ personal data indefinitely, which may be related to debt collection or other reasons provided in the terms presented.
What Do Former Clients Think of the Bdswiss Broker? Internet Reviews
Reviews of former Bdswiss clients on the Internet, despite their small number, are more often negative. Some clients claim that their reviews were deleted, which may indicate the company’s dishonest practices.
Is It Worth Using the Services of the Forex Broker Bdswiss? Summing Up
Advantages of the Bdswiss Company:
- daily market analysis,
- educational webinars for a quick start.
Disadvantages of the Bdswiss Company:
- lots of false information on the official website,
- uncertainty about the company’s location,
- dissemination of clients’ personal information,
- alleged purchase of reviews on the Internet,
- issues with fund withdrawals.
Based on the above, it is not recommended to use the services of the forex broker Bdswiss, which has proven itself to be dishonest and unserious. The risk for clients of this company can be very high, and fund withdrawal can become a problem.
It is important to be cautious when dealing with brokers like BDSwiss, as there have been numerous reports of fraudulent activities associated with this company. Many customers have reported being scammed out of their money, and there have been allegations of unethical practices such as manipulating trades and withholding withdrawals.
It is crucial to thoroughly research any broker before investing your money with them, and to be wary of any red flags such as unrealistic promises or suspicious behavior. It is always best to err on the side of caution and choose a reputable broker with a solid track record of customer satisfaction and regulatory compliance.
If you believe you have been a victim of fraud by BDSwiss or any other broker, it is important to report the incident to the appropriate authorities and seek legal advice to protect your rights and potentially recover your losses. Remember, it is always better to be safe than sorry when it comes to your hard-earned money.
I had an absolutely dreadful experience using BDSwiss broker. The platform itself is clunky and inefficient, making it quite difficult to carry out basic trading tasks. But the worst part of my experience was dealing with a blatant fraud scheme. One moment, I had a substantial amount in my account, the next moment, all my funds miraculously disappeared.
To compound the situation, their customer service was appalling. I reached out multiple times, in an attempt to resolve the issue, but their response was nothing but platitudes and empty promises. They lacked sincerity and concern for my predicament. It’s been weeks and I am still yet to receive a viable solution or explanation. My experience with BDSwiss broker has been nothing short of disappointing and disastrous. I strongly recommend traders to steer clear of this dubious platform.