BCS Forex Alternatives: Pros, Cons, And How It Compares Updated for 2024
This alternatives to BCS Forex guide has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to BCS Forex to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to BCS Forex like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, features to their clients. If you feel that BCS Forex is not quite right for you then it would be worth getting a demo account with a few of the top BCS Forex alternatives and ensuring that they are a better fit for you before moving any money around.
The most detailed guide to BCS Forex alternatives on the web
There are a lot of reasons BCS Forex may not be a good fit for your trading needs. For whatever reason you are hunting for a new BCS Forex alternative or BCS Forex competitor with better services, we try to give you as much helpful information so you can make an informed choice. Below you will find the best BCS Forex alternatives.
For each of the below alternative to BCS Forex, we break down the key differences to BCS Forex and for each section show you the best competitors. For each BCS Forex alternative online broker listed we also have detailed broker reviews and guides that you can easily click to view elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are not happy with BCS Forex, let us show you some great alternative brokersbrokers|online trading platforms|brokerages.
Having a professional and dependable online broker is important for having a successful trading career. All of the BCS Forex alternative platforms shown in this BCS Forex alternatives guide have good reputations and can match what you are looking for.
Alternatives With Lower Minimum Deposit
BCS Forex has a minimum desposit of $100, you should check how the minimum deposit requirements of BCS Forex compare with the minimum deposit requirements of BCS Forex competitors. Brokers often have lower minimum deposits to get traders to test them out, but having higher a minimum deposit requirement isn’t always a bad thing, it all comes down to your personal trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
BCS Forex |
$100 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| ThinkMarkets |
$0 |
Alternatives Offering Virtual Portfolio Accounts
BCS Forex offers virtual portfolio accounts so you can test your trading strategies before risking any real capital. New traders can open a demo account in order to better understand the areas of Forex trading and test out some of the company’s features before signing up for a live account.
Below we detail some of the best alternatives to BCS Forex that has virtual portfolio accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
BCS Forex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
BCS Forex does not provide negative balance protection. If your balance is unfavorable, BCS Forex indicates that you contact customer services. Then you are able to fix any imbalances in your account.
Below we list some of the best alternatives to BCS Forex that have negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
BCS Forex |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
BCS Forex unfortunately, does not offer guaranteed stop loss. BCS Forex provides an opportunity for its dealers to close their trades at their given price. Apart from this, BCS Forex doesn't offer guaranteed stop loss.
Below we show some of the top BCS Forex alternatives that has guaranteed stop loss available for their users.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
BCS Forex |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
BCS Forex do allow scalping. Many traders across the world select BCS Forex due to their scalping services. They offer trading on MT4,Desktop,iPhone/iOS which let this.
Below we show some of the top alternatives to BCS Forex that offer scalping functionality to their customers.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
BCS Forex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
BCS Forex do permit hedging. Many traders throughout the world select BCS Forex for their hedging services. They offer trading on MT4,Desktop,iPhone/iOS.
Below we list some of the best alternatives to BCS Forex that allow hedging services to their user base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
BCS Forex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
Unfortunately, BCS Forex does not offer social trading.
Below we show some of the best alternatives to BCS Forex that allow social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
BCS Forex |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
Regretably, BCS Forex does not offer copy trading.
Below we detail some of the best alternatives to BCS Forex that offer copy trading to their customers
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
BCS Forex |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare BCS Forex To All Other Brokers