About Broker BDIMarkets
BDIMarkets, an offshore brokerage company, has a lot to offer traders. It is located in London, United Kingdom.Address
Brokers offer a variety of account types. Check out the table below.Account Types
To be clear, traders should know that BDIMarkets does not offer trading instruments. has no regulation of unknown brokers.
bdimarkets.com : Reasons to Avoid this Broker
First, bdimarkets.com has no financial authority that oversees its financial services. This broker is not worth your time, even though it has flooded its website with fake certifications.
We also noticed that bdimarkets.com does not offer a demo account to traders. We can’t assess the viability of the broker in the forex market because traders cannot test it on a demo account.
This broker doesn’t offer a money back guarantee, which means that trading on this platform is a risky business. Your money will not be refunded.
These are the cons forex traders need to be aware of in order to avoid losing their money by using a scam broker. Before depositing funds for trading, it is a good idea to verify that the broker has been licensed and regulated by financial authorities.
Withdrawal and Deposit
Withdrawal processs
BDIMarkets withdraw process takes 5-7 business days and a $30 withdrawal fee. For wire transfers, the minimum withdrawal by a broker is EUR100. Other payment options are EUR50.
Minimum Deposit
BDIMarkets minimum deposit depends on the type of account. It is $2500
The broker accepts Debit/Credit and Bank Transfer payments. This broker is not recommended for you to make any payments. Be careful!
BDIMarkets
BDIMarkets is a web-based trading platform, not MT4 and MT5 (Industry standard platforms for trading), which makes it even more difficult to avoid this broker.
Leverage can reach up to 1:1200. We advise against doing this with unregulated forex brokers like this one as you could lose your money.
BDIMarkets Regulation
This broker is not licensed. This broker is not subject to any financial regulation, which makes it risky to wire your money for trading. Unlicensed or unregulated activities are a red flag that must be avoided.
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Conclusion: Is bdimarkets.com a Reliable Broker?
Despite promising promises that seem good, bdimarkets.com is not a reliable broker for traders.
The broker is unregulated, meaning it is not licensed to operate in any country.
We have not recommended this broker to trade because we consider it a duty to search for scam forex brokers.
