In addition to a number of licenses acquired from other regulatory agencies such as NFA and CySEC, BDSwiss is now also licensed in Seychelles by the FSA regulation.
Security is still the main requirement for a broker to attract clients. BDSwiss proves it by securing FSA (Financial Services Authority) Seychelles license this month. The Seychelles Financial Services Authority is the autonomous regulatory body responsible for the non-bank financial services in Seychelles.
Established under the Financial Services Authority Act in 2013, FSA Seychelles is responsible to license, regulate, enforce regulatory and compliance requirements, monitor and supervise the conduct of business in the non-bank financial services sector in Seychelles, including forex brokers.
BDSwiss also holds licenses from other regulations such as Cyprus Securities and Exchange Commission (CySEC), the Financial Services Commission (FSC – Mauritius) beforehand. This fastly growing broker belongs to BDSwiss Group as the holding company. BDSWiss Group itself has obtained a license from US NFA and CySec.
Obtaining a license from FSA Seychelles is a part to run their goals of expansion and improving the growth, as BDSwiss clients are across different markets including South-East Asia, South Africa, Middle East, and Latin America. More regulatory licenses will also open some more new markets too.
BDSwiss established in 2012 and now has more than a million traders accounts from 173 countries. Last May, BDSwiss gained "Best Partnership Program – Asia 2020" award by The Global Banking and Finance Review.
This broker also has launched a new Research Portal which provides 24/5 market news as the one-stop portal of financial commentary. BDSwiss Research portal includes everything from Daily Market Commentary, Weekly Briefs and Outlooks, Quarterly Reports & Projections, Expert Analysis & Technical Setups, as well as Special Reports on Key Economic & Geopolitical Events.