Is BDSwiss a Scam?

Is BDSwiss a Scam?Like any type of activity that involves money changing hands between people and businesses, these types of transactions often lure some less than honorable people into the business. Binary options trading is certainly not immune to this problem. As a matter of fact, there have been several binary options websites that people have labeled as simply being a scam. BDSwiss does everything in its power to make sure they do not become one of these un-reputable sites.

Scams have always been out there as far as binary options trading is concerned. People are trusting by nature and a lot of businesses pray on this at times. It is a shame that there are such low morale business practices in the world that look to exploit honest people’s good natures. It is part of the reason why most binary options brokers have tightened their site security measures and sought out reputable exchange commissions to approve of the way they do business. BDSwiss falls under the strict regulation of none other than the renowned CySEC. It is among the leading agencies for monitoring European Union binary options brokers.

The internet, although at one time facilitated the ease of scams, is helping to make sites be more reputable because now the word spreads quickly when binary options sites are thought of as being scams. Sites such as BDSwiss are well aware of this and they do everything in their power to avoid this type of reputation; as a matter of fact, not only has BDSwiss never been accused of being a scam, but it gets very few complaints in general for a site that has so many traders using it. It operates with the goal of being a site that wants to be seen as one that is both professional and trustworthy.

It is not always easy for a binary options broker to retain a clean reputation, but BDSwiss does a nice job of it. Through the combination of operating the website with a lot of integrity and being regulated by CySEC, they have an almost impeccable record for being a fair and secure binary options trading site. Their license number with CySEC, 199/13, is one they are proud to say has never been associated with any type of scam or hidden fees practices. It is a website that continues to grow because of the way they have proved their reliability time and time again to those who trade with them. This fact alone gives those that trade on BDSwiss a lot of peace of mind.

BDSwiss is truly a binary options broker that has sought to set itself very far apart from unscrupulous business practices. They have earned the type of reputation that a lot of other binary options brokers can only aspire to. The BDSwiss website has proved itself not only to be safe and secure, but also a website that does everything in its power to help those that trade on it to become successful investors too.

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References and Further Reading:

1. International financial contagion in currency crises (F Caramazza, L Ricci, R Salgado – 2004)

2. The effects of market segmentation and investor recognition on asset prices: Evidence from foreign stocks listing in the United States (SR Foerster, GA Karolyi – 1999)

3. The purchasing power parity debate (AM Taylor, MP Taylor – 2004)

4. Identifying, measuring, and hedging currency risk at Merck (JC Lewent, AJ Kearney – 1990)

5. The impact of exchange rate movements on US foreign debt (C Tille – 2003)

7 Binary Options review: BDSwiss: 4,5 stars.
John Miller
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John Miller

John has worked in investment banking for 10 years and is the main author at 7 Binary Options. He holds a Master's degree in Economics.
John Miller
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