BDSU EX is a forex broker established in December 2023, primarily offering investors financial trading services in forex, indices, precious metals, energy, and cryptocurrencies. Based in the United Kingdom, BDSU EX supports the opening of real and demo accounts but does not support MT4 or MT5 trading software.
Corporate Background and Regulatory Status:
The corporate entity of BDSU EX is BDSU EX GLOBAL LIMITED. The broker claims to be regulated in the United States, holding an MSB license from the United States.
BDSU EX's official website does not provide a FinCEN MSB number, and there are no regulatory records related to BDSU EX GLOBAL LIMITED on the US MSB official website.
Additionally, FinCEN's mission is to safeguard the financial system from illicit use, combat money laundering and related crimes (including terrorism), and promote national security through strategic use of financial authorities and collection, analysis, and dissemination of financial intelligence, without directly regulating forex trading or economic business.
According to information obtained from a Whois search, the official website domain of BDSU EX was registered on December 4, 2023, indicating a relatively short registration period.
How to Open an Account?
To open an account with BDSU EX, first, click "Register" on its official website to enter its proprietary trading platform. Click "Register" again in the upper right corner of the trading platform to create and log into your account, providing your name, personal email, phone number, verification code, and setting a login password. BDSU EX sends a verification code via email, and once submitted, you can log in. Real-name verification is required after logging in to the trading platform to deposit, withdraw, and trade.
Account Types:
BDSU EX supports the opening of real and demo accounts, but its official website does not specify related information about trading accounts. On its FAQ page, the broker claims to offer floating spreads as low as one point, trading leverage from 1:100 to 1:500, and has not disclosed detailed information regarding minimum deposit requirements, trading commissions, margin call levels, stop-out levels, or minimum trade volumes.
Trading Platform:
BDSU EX offers a proprietary trading platform that provides trading services for various financial products. However, there is a lack of information regarding the software's download link and compatible versions.
Deposits and Withdrawals:
BDSU EX's official website does not disclose specific methods for deposits and withdrawals. Upon logging into its trading platform, it was found that only cryptocurrency and bank cards are available for deposit and withdrawal methods.
Website Design:
The website design of BDSU EX bears a striking resemblance to SV Markets, ABHKFX, DEOASIS PTY LIMITED, and others, presenting many similar features. The brand name displayed on BDSU EX's official website as “BDSU XE” might cause confusion among investors due to this resemblance and the presentation of incorrect brand information. When browsing BDSU EX's official website, users are advised to remain vigilant and ensure the accuracy of the information related to the platform.
Customer Support:
Users can obtain customer support from BDSU EX via email. It is recommended to provide clear and detailed information in the email to help the customer support team understand and address the user's issue better. Besides email, there are no other contact methods or online support options on the official website.
Conclusion:
BDSU EX is a forex broker registered in the UK and is a newly established company. BDSU EX uses its proprietary trading platform and has limited contact options. BDSU EX's website, along with those of ABHKFX, DEOASIS LIMITED, VLC Trade LLC, OBV Trade MT5, and other brokers, exhibits high similarities in web design, indicating the use of a common template. Traderknows advises traders to stay away from this platform to avoid unnecessary financial losses.
Currently, BDSU EX is marked as "suspected of fraud" on Traderknows.
