Bid Broker Stocks-Overview of Minimum Deposit, Leverage, Spreads

BASIC INFORMATION

Established in 2020, Bid Broker Stocks is a forex broker registered in Dominic, offering its clients access to various financial markets. With Bid Broker Stocks, traders can choose from five trading accounts.

LICENSE

No valid regulatory information, please be aware of the risk

The Spanish financial watchdog CNMV has formally warned that Bid Broker Stocks is a complete scam. The watchdog mentions Donnybrook Consulting Ltd. in the document, but that is just the beginning of the tale. We have very strong evidence that CFBroker.io, the other broker associated with Seabreeze Partners Ltd, a business purportedly incorporated in the Commonwealth of Dominica, is being run by the same scammers or in very close association with other scammers. First off, the legal presentation for Bid Broker Stocks is a complete jumble and is quite similar to that of CFBroker.io. It is undoubtedly a failure. Seabreeze Partners Ltd. and Donnybrook Consulting Ltd. are the first and second businesses indicated.

The latter company, which shares the same name with a UK-registered business but lacks the necessary authorization to conduct business as a forex broker, is almost completely unknown. Apart from the names being the same, we don't think there is any link in fact.

BUSINESS SCALE

Numerous trade assets are eagerly awaiting your choices. The best spread quotes are accessible for trading on major, minor, and exotic currency pairings. The best investments to diversify your trading portfolio are always gold and crude oil. A few trading options include Facebook, Google, Apple stock, Nasdaq, and the S&P 500, among many other possibilities.

Bid Broker Stocks TRADING SOFTWARE

We must admit that the Bid Broker Stocks dashboard is the same as the ones used by, to name a few, Investactive, Finlay.io, CFBrokers.io, and Glad2Trade.

There are MT4 accounts and a web-based platform called Status Webtrader available. There are no MT5 accounts available. However, the business that provides Metatrader is the notorious Lengvin Partners Ltd., an SVG organization connected to other dubious Forex brokers like InvestFD, ZurichTradeFinco, and Finansa. On the other side, Terra Finance and many other con artists employ the Status Webtrader, a crude web-based trading platform. It is unmatched by Metatrader, the market leader in retail forex trading, and offers very little features.

SPREAD

The EUR/USD spread is 3 pips, fixed if using Status Webtrader, but 8 pips on the MT4, it is a massive red flag and another proof that Bid Broker Stocks is a scam!

LEVERAGES

The maximum leverage is 1:500, which is not advised, especially when dealing with a shady broker like Bid Broker Stocks. As a customer safety measure, ESMA, the European Security Markets Regulator, undertook a product intervention in the retail Forex market by setting a leverage cap of 1:30. According to the research, traders and investors with little to no experience are more likely to be drawn in by more leverage, which causes them to suffer bigger losses.

ACCOUNT TYPES

The management risk, the size of the initial investment, and the trading period all influence the choice of trading account.

Although BBS offers 24/7 online support and online learning resources to all traders, you can benefit from more sophisticated services as your initial investment increases, such as VPS, narrower spreads, and more.

Below are the account types with their features

BRONZE

· $250

· 9 international currencies

· Over 25 trading instruments

· Trade in micro lots

· Fixed and floating spreads

· Personal Account Manager 24/5

· Account insurance up to 10%

· 5 free signals at month

SILVER

· $1000

· 4 classes of assets

· Over 100 trading instruments

· Trade in micro lots

· Fixed and floating spreads up to 10%

· Personal account manager 24/5

· Account insurance up to 20%

· 10 free signals at month

GOLD

· $5000

· 4 classes of assets

· Over 250 trading instruments

· Trade in micro lots

· Fixed and floating spreads up to 25%

· Personal Account Manager 24/5

· Account insurance – 35%

· 15 free signals at month

PLATINUM

· $10000

· All trading instruments

· Fixed and floating spreads up to 35%

· Personal Account Manager 24/5

· Account insurance – 50%

· VIP signals for the entire duration of the account

· 75% deposit bonus

· Risk manager

MINIMUM DEPOSIT

A $250 USD deposit is needed as a minimum. Direct Credit Card Payment, Piastrix, or Cryptocurrency Payment are the available funding options. There are no withdrawal fees or minimum withdrawal amounts listed, and the processing time for requests is stated to be between 3 and 5 days.

CUSTOMER SUPPORT

Get in Touch With them

The business is open Monday through Friday. Need assistance creating an account？ Have a concern？ They consistently satisfy client needs! You can get support from their staff for any issue.

Contact

compliance.en@bid-broker-stocks.io

compliance.de@bid-broker-stocks.io

compliance.ru@bid-broker-stocks.io

compliance.it@bid-broker-stocks.io

compliance.es@bid-broker-stocks.io

Address

8 Copthall, Roseau Valley, 00152 Commonwealth of Dominica.