BDSwiss Gains a New License
BDSwiss, an online FX and CFDs broker, has obtained a new regulatory license from Seychelles’ Financial Services Commission. This is under its newly-registered entity, BDS Ltd.
The new license is an addition to the broker’s fleet of two other regulatory licenses. They are from the Cyprus Securities and Exchange Commission (CySEC), the Financial Services Commission (FSC – Mauritius).
The brokerage ensures greater transparency and security to its clients across South-East Asia South Africa, Middle East, and Latin America. That is, with this recently licensed-entity.
The broker obtained the new license as it aggressively plans an expansion of its services. It also has plans to further global expansion.
In 2019, the company opened new offices in South East Asia and Latin America. The broker was established in 2012, and was headquartered in Germany. It also has another office in Cyprus.
The platform offers trading services on both MT4 and MT5 platforms to its clients. And it sees over 30 billion in monthly forex volumes, as seen on its website.
BDSwiss Active Traders Increase in Number
During its 2020 annual meeting, the group revealed that it has around 1.2 million traders on its brokerage platform. BDSwiss also saw an increase of 225 percent in the total number of active traders in 2019. Moreover, it had a jump of 217 percent in trading volume for the same period.
BDSwiss Group CEO, Alexander W. Oelfke, said in the group’s last annual meeting that 2019 was their year. They’ve seen immense growth and expansion. They couldn’t have done it without the dedication, loyalty, and commitment of their global teams and partners, Oelfke said.
Their stellar performance in 2019 reinforces the idea that they are on the right trajectory. They are taking full advantage of their company’s strengths and their strong group of partners to push for further expansion.
They also plan to establish BDSwiss as one of the leaders in its field, as well as diversify their services and products on a group level.
