Dossier · Brokerage / CFD firm · CY
BDSwiss.
Also known as: BDSwiss · BDS Markets · BDSwiss Holding PLC
Regulator Record
38
Authorised, with restrictions
Cyprus-headquartered retail CFD broker that operated heavily across EU/EEA retail markets in the 2010s. After a CySEC settlement, the group undertook not to solicit EU/EEA retail clients and reorganised toward non-EU jurisdictions. The CySEC authorisation remains live but EU retail access is gone by design.
Editorial caveat: Authorisation is live but materially restricted by undertaking. This is not the same as an unauthorised firm — there is a regulator on top of it — and not the same as a clean record either. Read the timeline.
Items on file
0
Warnings
0
Enforcement
0
Range
—
Licences on file
- cysec199/13active2013-04-23
- fsc-mu—active—
Status timeline · 4 events
2020-09-01
Authorisation restricted
cysec
Operating undertaking: BDSwiss withdrew its retail CFD offering from the EU/EEA and re-routed retail clients to non-EU group entities, while retaining its CySEC authorisation for professional and institutional business.
2020-08-04
Settlement
cysec
CySEC settlement of €200,000 with an associated restructuring; the firm undertook to wind down EU retail solicitation and focus on non-EU jurisdictions.
2017-04-13
Fine
cysec
CySEC fined BDSwiss €150,000 for compliance failings including marketing communications and KYC procedures.
2013-04-23
Authorisation granted
cysec
BDSwiss Holding Ltd authorised as a Cyprus Investment Firm (CIF) by CySEC under licence 199/13.
Anything wrong here, or missing context an editor should consider? Right of reply and corrections both run through info@disruptfinance.io. Editorial standards: editorial policy · disclaimer.
How to read the rating
Rating legend
Every entity dossier carries a Regulator Record score (0–100, higher is cleaner) plus a band that summarises the score in plain language. The score is arithmetic on public regulator actions — severity × recency-decay — not editorial opinion. Three special bands sit alongside the numeric scale to capture situations the maths alone misses:
- SevereMajor enforcement against a still-active firm, or a long-running pattern of unauthorised activity. Read the timeline before engaging.
- Never authorisedOperating or operated without verifiable authorisation in any jurisdiction we have records for.
- Licence revokedAuthorisation revoked or withdrawn. May still be visible on the internet under the original brand.
- High concernSignificant enforcement footprint — multiple actions, recent in time, or substantial in size.
- Authorised, with restrictionsHolds a current authorisation that the regulator has formally restricted — e.g. an undertaking not to solicit retail clients in a specific region.
- Mixed recordMultiple regulator findings of varying severity. Current standing requires reader judgement; check the timeline.
- Material findingsOne or more material regulator findings on record, but the firm remains authorised and the matters appear historical.
- Clean recordNo material public regulator actions on file. Apparently in good standing.
Each entity is named in items linked to its dossier. Disagree with a score? Right of reply is available on every dossier page.