Over 25 complaints reached! Traders warn you to be aware of the broker BDSWISS

BDSwiss, a forex and CFD broker founded in 2012, is currently under fire from traders across the globe. Despite offering access to over 250 CFDs on Forex, Shares, Indices, Commodities, and Cryptocurrencies with leverage up to 1:2000 and spreads from 0 pips, its credibility is now being seriously questioned.

Registered in Seychelles and regulated offshore under the Financial Services Authority, Seychelles (FSA, License No: SD047), BDSwiss claims to provide trading services via MT5, the BDSwiss Mobile App, and WebTrader. However, a rising number of user reports are painting a very different picture of the companys operations.

According to WikiFX, at least 27 complaints have been submitted against BDSwiss. These reports reveal a troubling pattern of withdrawal delays, poor customer support, and suspicious fee deductions. Below are some alarming testimonials shared by affected traders:

Case 1: “It only allows deposits, not withdrawals!”

The victim named Su Huan, account number 50311780, reported depositing $5,136 on April 10th, 2025. Despite multiple withdrawal attempts in May, none were approved. Su suspects the platform is on the verge of shutting down, warning others:

“It has turned into a Ponzi scheme!”

Case 2: “Scam broker”

Another trader highlighted manipulative tactics from customer service:

“They let you deposit easily, but withdrawals are always ‘under system maintenance’—this has been going on for months!”

Case 3: “VERY DANGEROUS BROKER!!!!”

A frustrated user described their experience:

“Just one day after my deposit, I tried withdrawing and couldn‘t. Support keeps asking us to wait due to ’internal problems.‘ It’s all just a waste of time!”

Case 4: “Worst broker”

One client has been trying to withdraw funds since October 2024, with no success. Despite full account verification, the trader reports:

“They deducted fees twice due to ‘inactivity’ while my withdrawal was still pending. Avoid this scam at all costs!”

Case 5: “Scammers, stay away”

Another victim shared:

“They refused to release my $80 withdrawal for over 2 months. Eventually, they took $31, citing ‘inactive account fees.’”

Case 6: “Warning About BDSwiss”

A long-time trader with the company issued a serious warning after a delayed $93 withdrawal request made on November 22, 2024. Despite contacting both BDSwiss and the FSA, there has been no resolution:

“This raises serious concerns about their reliability. I urge others to report them and consider safer alternatives.”

Conclusion

BDSwiss may advertise itself as a sophisticated trading platform, but the volume of negative user feedback suggests something very different. The growing number of unresolved complaints, withdrawal issues, and poor customer support indicates that traders should proceed with extreme caution.

If you've had a similar experience or want to investigate this broker further, visit their profile on WikiFX:

www.wikifx.com/en/dealer/1541601770.html

Stay informed, stay safe. Always research before you trade.