BDS has been flagged by Ontario Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". BDS found at www.km.bdswiss.com is not registered in Ontario to engage in the business of trading in securities. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The platform at BDS is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for close to eighteen months of dealing with this, I have had enough.
Pros: Tax reports included|Dividend tracking|Great customer service|Demo account available
Cons: Limited ETF selection
My withdrawal request from BDS has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Instant funding|No hidden fees|Segregated accounts|Intuitive for beginners
Cons: Research section could be deeper
I was contacted by BDS through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Blocked my account|No legitimate license|Fake returns
I opened an account with BDS for about ten months ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Automated trading options|Market news feed
Cons: No integrated tax optimization