General Information & Regulation
BDV Markets is in the Dominican Republic which is an offshore zone for forex trade, containing no relevant information on the company behind the operation and its offer. BDV Markets operates without any kind of oversight, which is the main reason why we dont recommend dealing with it.
Market Instruments
Tradable financial instruments available on the BDV Markets platform include forex currency pairs, commodities, indices, stocks, crypto currencies.
Minimum Deposit
BDV Markets advertises account tiers that start from $200, which isnt a high entry threshold. Nevertheless, you should be aware that a lot of legit brokers demand less as a start, just around 100 USD or even less.
Leverage
BDV Markets hasnt provided any information about leverage they offer. Leverage magnifies the returns from favorable movements in a currency's exchange rate. It is important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.
Spreads & Commissions
BDV Markets gave us a EUR/USD spread of 0.9 pips, which is an attractive pricing. Yet, given the scammy nature of BDV Markets, traders should stay away from this broker.
Trading Platform Available
BDV Markets official website contains no information whatsoever about the trading software BDV Markets uses, but after we signed up with them, we were offered some basic web-trader that failed to impress us.
Deposit & Withdrawal
According to the payment gateway, the user can deposit via bank wire, credit cards, PayR, MoneyMan, Vivus.
2023-03-22 17:56
