Abstract:BlackDiamondSwiss is a broker. The tradable instrument with a maximum leverage of 1:500 includes currencies, commodities, stocks, and indices. The broker also provides 4 major pricing plans with a minimum deposit of €10000. BlackDiamondSwiss is still risky due to its Suspicious Clone status, high leverage, and inaccessible office website.
BlackDiamondSwiss Review Summary | |
Founded | 2-5 years |
Registered Country/Region | Australia |
Regulation | Suspicious Clone |
Market Instruments | Currencies/Commodities/Stocks/Indices |
Demo Account | Not mentioned |
Leverage | Up to 1:500 |
Spread | Not mentioned |
Trading Platform | BlackDiamondSwiss(Web/Mobile) |
Min Deposit | €10000 |
Customer Support | Not mentioned |
BlackDiamondSwiss is a broker. The tradable instrument with a maximum leverage of 1:500 includes currencies, commodities, stocks, and indices. The broker also provides 4 major pricing plans with a minimum deposit of €10000. BlackDiamondSwiss is still risky due to its Suspicious Clone status, high leverage, and inaccessible office website.
Pros | Cons |
Various assets | Suspicious Clone |
Leverage up to 1:500 | Inaccessible office website |
4 major pricing plans | Unspecific fee information |
MT4/MT5 unavailable |
ASIC regulatesBlackDiamondSwiss with a suspicious clone status, which makes it less safe than regulated brokers.
Traders can choose different investment directions because the broker provides currencies, commodities, stocks, and indices.
Tradable Instruments | Supported |
Currencies | ✔ |
Commodities | ✔ |
Stocks | ✔ |
Indices | ✔ |
Precious Metals | ❌ |
Shares | ❌ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
BlackDiamondSwiss has four pricing plans: Bronze, Silver, Gold, and Black. Traders who want both low deposit and low leverage can choose a Bronze plan, while those with a sufficient budget can open a Black plan.
Account Type | Bronze | Silver | Gold | Black |
Minimum Deposit | €10000 | €20000 | €50000 | €100000 |
Discount swap | - | - | 50% | 50% |
Type of spread | Static | Static | Static | Static |
Maximum Leverage | 1:100 | 1:200 | 1:300 | 1:500 |
Discount swap up to 50%, while the spread and commission are unspecific.
The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.
BlackDiamondSwiss provides a built-in trading platform adapted to Web and Mobile versions.
Trading Platform | Supported | Available Devices |
BlackDiamondSwiss | ✔ | Web/Mobile |
The minimum deposit is €10000. However, due to the inaccessible official website, transfer processing times and associated fees are unknown.
In the fast-paced world of online trading, liquidity is everything. Traders and investors must have unrestricted access to their funds at all times. Any broker that imposes unnecessary conditions or delays when it comes to withdrawals is raising a glaring red flag.
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