BCS Forex Review: Pros & Cons | for 2023
This BCS Forex review has been updated for 2023 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about BCS Forex to give you the most comprehensive guide available.
BCS Forex is a world class trading partner that was founded in 2016. They have around 221 employees that help the company offer Financial Markets Access, to 10,000+ customers through MT4,Desktop,iPhone/iOS.
BCS Forex Guide – Read our In-Depth BCS Forex Review
BCS Forex Rating: 5.61 / 10
This BCS Forex review page contains information about investing with BCS Forex. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of BCS Forex does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This BCS Forex review contains the latest details about BCS Forex.
If you're new to the realm of online trading and brokerages, so many details will no doubt be confusing for you. Getting into the area of trading online requires expert analytical skills and comprehensive knowledge. You'll get adept at all of the concepts of trading online and brokers as you continue trading. For starters, you need to select the right online trading platform who will always be transparent with you.
In the fast-paced universe of financial markets and trading, you'll need guidance to make correct decisions. A professional, direct investment program could aid you in minimising any losses and maximising any profits. BCS Forex is just one such platform that can help you. It is crucial to learn all you can about any broker until you trust them with your cash.
When engaging in online trading with platforms such as BCS Forex, it's crucial to carefully assess BCS Forex as your broker, as this choice can significantly impact your success. Selecting the right broker is vital for your BCS Forex investments to prosper. However, be cautious of bogus and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be prudent and comprehensive in your BCS Forex broker selection to protect your hard-earned money. Performing your due diligence and researching the trustworthiness of BCS Forex, its track record, and reputation is vital. Moreover, ensure the BCS Forex broker's offerings, trading tools, fees, and regulation align with your objectives.
Remember, BCS Forex should be a trusted partner on your trading journey.
Our team has devoted their efforts to simplify the intricate world of trading with BCS Forex into easily understandable information in this BCS Forex review. Our goal is to equip you with the knowledge necessary to confidently use BCS Forex trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with BCS Forex are the cornerstone of successful trading. As such, we've provided this detailed BCS Forex review. So, make yourself comfortable, grab a cup of coffee, and immerse yourself in learning about BCS Forex and how it can benefit you, or if BCS Forex might not be the right fit for you.
BCS Forex Review for 2023 – Brief Overview
BCS Forex Telephone: | |
BCS Forex Support Email: | |
BCS Forex Address: | |
Year Founded: | 2016 |
Regulated By: | Cyprus Securities and Exchange Commission (CySEC) |
Hedquarters: | Cyprus |
Minimum Deposit: | $100 |
Number Of Clients: | 10,000+ BCS Forex users and traders |
BCS Forex LinkedIn: | |
BCS Forex Facebook: | |
BCS Forex Facebook Likes: | 0 |
BCS Forex Twitter: | @ |
BCS Forex Twitter Followers: | 0 |
BCS Forex Instagram: | |
BCS Forex Instagram Followers: | 0 |
BCS Forex Youtube: | |
Your capital is at risk |
Our full BCS Forex review for beginners covers all you need to know about trading with BCS Forex. A good broker can use your first investments and help to protect it from losses but also provide you a platform that can help to provide you favourable profits. If you want to make profits, you must trade with a brokerage service that aligns with your investment goals.
Of course, there is no sure-fire method to ensure profits; therefore, you should carefully assess your agent before you select them. It is a frequent misconception that all brokers will be the same, but that is not correct. Wrong judgment, in the beginning, can put your investments in danger.
BCS Forex is a trading partner which has found its way successfully into the brokerage world. In this review, we have tried to collate a number of the vital aspects of BCS Forex. This guide will help you to understand whether BCS Forex is a fantastic match for your investments or not. We've tried to breakdown all the qualities and charges for your advantage.
Who are BCS Forex?
BCS Forex is a forex broker with its headquarters in Cyprus and provides a range of instruments for online trading. Since its establishment in 2016 they have emerged as a top-tier player in the field of online trading. BCS Forex includes an extremely reputable and full-featured trading site that's focused on forex, indices, metals, sharesand commodities.
Over the past 7 years, BCS Forex has become one of the best online brokers available to the public.
After launching in 2016, their client base has increased to 10,000+ clients.
BCS Forex is a favourite for many online traders . Our BCS Forex account review found that they're a reputable platform for online trading options. They're most appropriate for investors that are looking for an assortment of assets. Social and easy to use trading solutions are the heart at BCS Forex.
Technology plays a significant role at BCS Forex. They features trading on MT4,Desktop,iPhone/iOS. BCS Forex is fair, transparent, and a well-regulated agent by the Cyprus Securities and Exchange Commission (CySEC). Their outstanding array of resources will be beneficial for most traders. Third-party partnerships also supply in-house analysis.
The trader resource section at BCS Forex is very comprehensive for new dealers as it allows them to get a closer look at the financial markets. BCS Forex caters to all types of traders and are a must-have broker for almost any well-diversified method of trading.
Benefits of using BCS Forex in 2023
Trading with BCS Forex comes with many benefits. These benefits are what sets BCS Forex apart from all other online agents. You should check all the benefits listed so you have a better understanding of BCS Forex.
The agent goes to great lengths to comprehend what traders need. As a result, the service, fast, and convenient. The agent also gives a number of platforms for all kinds of traders. BCS Forex helps to ensure that the individual needs of all online traders are met to the best of their ability.
BCS Forex also features excellent trading conditions which are readily available to all and not just an elite group of institutional clients. The tight spreads and quick executions are a great advantage for all traders. The technology embraced by BCS Forex is among the maximum caliber, ensuring that it is fast, dependable, and efficient.
BCS Forex admits the significance of owning a fast order execution. A fast execution will allow users to trade without fretting about slippage safely. It is going to also help the dealers to grab any opportunities.
BCS Forex has over 46 trading tools to support all kinds of traders. These instruments are dynamic and suitable for both new and experienced traders. All traders can put aside all their worries when trading with BCS Forex.
BCS Forex Overview
Year Founded: 2016
Regulated By: Cyprus Securities and Exchange Commission (CySEC)
Hedquarters: Cyprus
Minimum Deposit: $100
Number Of Clients: 10,000+
Your capital is at risk
If you feel that BCS Forex is not right for you then at the bottom of this BCS Forex review you will find a lot of alternatives to BCS Forex.
What you ought to know about trading with BCS Forex
BCS Forex is a dynamic platform that offers various methods of online trading. These instruments cover the monetary markets considerably. The Majority of the brokerage platforms offer less procedures than BCS Forex
If you wish to trade with BCS Forex, you will require a minimum deposit of $100. This deposit is mandatory if you want to start trading with BCS Forex. This 2023 BCS Forex review will guide you safely about trading with them.
BCS Forex is as flexible as any other broker platform. BCS Forex is excellent for traders that want a manageable selection of low-cost services. The platforms supplied by BCS Forex are third-party, white-label offerings. All traders can pick out of MT4,Desktop,iPhone/iOS
Together with everything, BCS Forex has multiple benefits to new and verteran traders and should be investigated. There's no minimum time on which a trade must be kept available. The agents provide premium client service that rewards customers with advantages.
Many less reputable brokers try to pressurise customers into bigger financing for superior services. BCS Forex, however, is much more focused on trading volume. Dealers can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the user, the more advantages will become available.
BCS Forex accounts are available globally and provides quality service everywhere they have customers. There are a few countries where BCS Forex accounts are not available. Traders in the following countries cannot open or use a BCS Forex account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is BCS Forex Safe To Trade With In 2023?
Launched in 2016, BCS Forex has been open for 7 years, they are headquarted in Cyprus
BCS Forex is regulated by Cyprus Securities and Exchange Commission (CySEC). These figures have rules that mandate that trading platforms have steps in place to keep investor's assets procured. This usually means that BCS Forex users do not need to be worried about their money as it's segregated and safely stored in established banks. SSL encryption simplifies each user's personal information as well.
You can make use of an option for 2 Factor Authentications (2FA) with BCS Forex for heightened security. An SMS for the verification code will be sent to your phone. You'll be asked to enter this code to log into your accounts.
Another concern with financial brokers is in respect to security may be manipulation of trading. This is highly disadvantageous for consumers on those platforms. Nonetheless, this is more widespread in the case of Market Maker agents who compete with users on the stage.
BCS Forex Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With BCS Forex
Every online trading platform has a few pros and cons BCS Forex review would be complete without having a balanced approach. This BCS Forex review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
BCS Forex Pro's
BCS Forex is regulated by Cyprus Securities and Exchange Commission (CySEC).
BCS Forex offers customer support over the phone.
BCS Forex provides customer support over email.
BCS Forex gives access to customer support over livechat.
BCS Forex has over 100 employees.
BCS Forex allows scalping.
BCS Forex allows hedging.
You can trade metals with BCS Forex.
You can trade energies with BCS Forex.
BCS Forex Con's
BCS Forex is not highly rated by us. BCS Forex hasn't won any awards. BCS Forex doesn't offer guaranteed stop loss. BCS Forex doesn't offer negative balance protection. BCS Forex charges withdrawal fees. BCS Forex charges inactivity fees. BCS Forex doesn't have a wide range of trading instruments. You can't trade Cryptocurrencies with BCS Forex. BCS Forex doesn't offer social trading. BCS Forex doesn't offer copy trading. BCS Forex doesn't allow commodity trading.Compare Brokers Similar To BCS Forex
Regulation And Licencing In More Detail
BCS Forex is regulated by Cyprus Securities and Exchange Commission (CySEC).
BCS Forex, as a business, has a strong set of rules for ensuring fair trading on its platform. For data encryption functions, it supplies an industry-standard secure socket layer (SSL).
In accordance with the organization's privacy regulations, customer data is never to be shared with some other institutions or individuals. This includes credit history and other financial details.
BCS Forex Awards
At the time of writing this BCS Forex review, and despite BCS Forex’s impressive offering, the company has surprisingly not garnered any awards to date.BCS Forex Trading Platforms
BCS Forex are a professional broker that has been open for over 7 years. They offer a large range of options in their user accounts.
Below we take the main parts of any good online broker and compare BCS Forex with freetrade, and easyMarkets.
BCS Forex MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with BCS Forex in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. BCS Forex MetaTrader 4 is compatible with the latest macOS. BCS Forex allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and BCS Forex
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With BCS Forex MetaTrader 4 On iOS Devices
You can download the BCS Forex app or also trade with BCS Forex through the MetaTrader 4 application on the Apple app store.
Download the BCS Forex MetaTrader 4 Program free of charge from Apple's App Store. BCS Forex customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With BCS Forex MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. BCS Forex provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 10,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android BCS Forex MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit that you need to begin on BCS Forex is $100. This is an adequate amount for people just beginning. You can make more advanced deposits as you go along. But, ensure that you know how to make the most of your money before investing larger sums.
Commission And Fees Explained
BCS Forex is an online brokerage platform, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. That is, an online broker isn't necessarily affected by the amount of clients they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily 3 types of fees for this purpose.
The first sort of fees to keep an eye out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're billed trading charges. In such cases, you are spending a spread, financing speed, or a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread denotes the difference between the buying and selling cost. Funding or overnight rates are people who are billed when you hold a leveraged position for longer than daily.
Aside from trading fees, online brokers also charge non-trading fees. These are determined by the actions you undertake on your accounts. They're billed for services like depositing cash, not trading for long periods, or withdrawals.
Generally, BCS Forex does not charge high fees compared to other online agents. For operations other agents fee for, they do not charge a broker fee, or they charge a lesser amount. This can be beneficial for people who regularly trade, for example weekly or daily trading.
But, non-trading fees billed by BCS Forex are relatively higher. Consequently, you're charged more for non-trading actions on your trading accounts, like deposits and withdrawal. These are not about the purchase and sale of assets.
This BCS Forex review breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees Of BCS Forex
BCS Forex Withdrawal Fees Explained
BCS Forex charges a withdrawal fee when you make a bank transfer. Every time you move money into your bank accounts, these withdrawal fees become applicable.
Withdrawal of money is possible at any time from the BCS Forex account. You can withdraw up sums to the amount of your account balance, keeping aside the margin utilized. One thing to keep in mind is that you don't always need to have any cash on your accounts.
In addition, the withdrawn money will be moved directly to the account you use to create deposits. Thus, if you used a credit card for deposits, then the withdrawn cash is going to be sent to the cardBCS Forex will ask you to provide other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you're withdrawing money in various currencies from USD, a conversion fee is also important. The conversion fee will depend on the money you are choosing to draw in.
BCS Forex Inactivity Fees Explained
BCS Forex charges an inactivity fee if you don't make any trades for a while.
Even if no charges have been implied by BCS Forex, it's better for you to close the account if you're inactive. Inactivity fees are not only charged by broker companies but also many financial services.
For other trading platforms, the inactivity fee is contingent upon the type of account you've chosen. The inactivity fee is subjected to a lot of conditions and needs to be disclosed clearly by the agent beforehand.
BCS Forex Deposit Fees Explained
When you transfer money in your trading account by the bank account, a deposit fee can be charged by the broker. Most brokers don't charge an excessive amount of money for this operation.
BCS Forex doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing money on the BCS Forex trading platform is simple. You simply need to complete a single-user profile questionnaire to begin depositing money into your trading account. You'll need to provide an identity proof and proof of residency to deposit large amounts.
Compare BCS Forex Vs Other Broker Deposit Methods
What Can You Trade With BCS Forex in 2023?
Note: BCS Forex provides a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered can be different depending on the country of residence of the client.
BCS Forex has a wide variety of over 46 instruments available for you to trade with.
If trading currency pairs is of interest to you then BCS Forex offer over currency pairs.
Compare BCS Forex, freetrade & easyMarkets below.
BCS Forex Trading App Review
Note: BCS Forex's mobile app has many functions and is being constantly developed. What follows was accurate at the time of compiling this BCS Forex broker review.
Understand the capabilities of the mobile apps of BCS Forex, freetrade & easyMarkets below.
Trading Education Available At BCS Forex
Understand the trading resources available with BCS Forex, freetrade & easyMarkets below.
BCS Forex Customer Support
For our BCS Forex broker review we tested the customer service options as well as response times. on the BCS Forex trading platform problem solution effectiveness. BCS Forex supports a wide range of languages, including English, and Chinese
BCS Forex Live Chat Support
We have tested the live chat on BCS Forex and it worked flawlessly. We sent messages to BCS Forex livechat via their website and app and recieved a response within 20 seconds. There was sometimes no response.
We tried communicating with BCS Forex support in multiple languages and in various countries. BCS Forex were capable of resolving our client's problems.
BCS Forex Phone Support
We phoned BCS Forex and the call was responded to very promptly. We were able to have the call answered within less than five to ten minutes.
The BCS Forex phone support team were able to successfully address our queries and problems on the phone. We tried the multilingual BCS Forex team by making calls in various languages. BCS Forex made efforts to ensure that our questions were addressed.
The overall phone support provided by BCS Forex was good.
BCS Forex Email Support
We sent several emails to BCS Forex and the response times were all outstanding. The fastest email response time from BCS Forex was 3 hours, while the slowest response was 12 days! Sometimes there was no response. Response times to support may differ depending on what is needed from BCS Forex, however we have had this experience sending out 10 emails at various times.
The team solved and responded to our questions. The overall average of email support provided by BCS Forex was satisfactory.
Alternatives To BCS Forex
If, after studying this BCS Forex review, they do not meet your needs check out these BCS Forex alternatives.
We've scoured the web to find the best alternatives to BCS Forex. Click on the hyperlinks below to find out more.
Frequently Asked Questions
Can I try BCS Forex before I buy?
Absolutely! you can most certainly try BCS Forex before you buy. BCS Forex provides demo accounts for the ease of beginner traders. You can use this feature to build your faith in the system as well as yourself and your trading strategies.
If you register for a demonstration account with BCS Forex, you may set out using a decent amount of virtual money. It is to establish a sense of security and confidence in you until you choose to invest your own money.
With this virtual BCS Forexdemo account, you are able to experiment in any way, to whatever length you desire. You can even open positions, examine different trading approaches, and much more.
BCS Forex shows on its official site that you are able to exchange real time stocks in a demo account.
Is BCS Forex safe?
It is possible to drop all your worries because we believe that BCS Forex is perfectly safe to use. It's in compliance with all the principles of Cyprus Securities and Exchange Commission (CySEC).
Even so, BCS Forex doesn't give assured stop-loss protection.
Why does BCS Forex ask for my passport?
The reason that BCS Forex asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, BCS Forex has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, BCS Forex must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with BCS Forex?
The process to start trading with BCS Forex is super simple. You need to begin by signing up on the BCS Forex website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but BCS Forex are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with BCS Forex is $100. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with BCS Forex.
The best way to kickstart your trading career with BCS Forex is to open a demo account facility before risking any real money
What funding methods do BCS Forex accept?
There are a number of ways to finance your accounts with BCS Forex. The process is effortless and quick, with various payment methods in your fingertips.
You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You have to bear in mind that PayPal is not available in all place. The currencies BCS Forex accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit methods you can embrace are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility as well, though it takes approximately 4-7 days.
Is my money safe with BCS Forex?
Yes, your money is safe and protected with BCS Forex. As you already know, BCS Forex operates with proper conformation to regulations. It has established plenty of steps to guard all of its own investors.
BCS Forex safeguards its customers' personal and sensitive data under SSL encryption. Your capital will be kept highly secure in top-tier banks.
If you want to further protect your account, you can empower Two-Step Verification also. It requires an SMS confirmation for you to access your accounts.
Is BCS Forex trading good?
Yes, trading through BCS Forex is a pleasant and good experience indeed. It is an excellent and intuitive platform with helpful features for your ease. In addition, you could also obtain access to a huge selection of educational resources and assistive material to kickstart your trading experience.
If you remain skeptical, you can open a eToro demo account and assess the credibility of the platform on your own.
Which Countries do BCS Forex support?
BCS Forex operates around the world. However, due to regulations BCS Forex cannot accept clients from Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is BCS Forex legit?
BCS Forex is a legit company headquarted in Cyprus since 2016. They are regulated by Cyprus Securities and Exchange Commission (CySEC). BCS Forex is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is BCS Forex a good broker?
BCS Forex is an excellent agent, and its own users can vouch for it. The highlight of this platform is its fast order execution on trades.
You'll find the clean layout of this platform and the admirable features are pleasant to work with.
Is BCS Forex a trustworthy broker?
Yes, BCS Forex is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for BCS Forex?
The minimum deposit to open a live account with BCS Forex is $100
How long do BCS Forex withdrawals take?
Normally, withdrawal of money from BCS Forex is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from BCS Forex to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is BCS Forex regulated?
BCS Forex are regulated by Cyprus Securities and Exchange Commission (CySEC)
Is BCS Forex a market leading broker?
BCS Forex is indisputably among the business leaders. It has over 10,000+ registered customers and over 7 years of experience on its record. They're one of the world's leading trading platforms and a dominant figure in the Fintech revolution.
It simplifies this standing to its incredible platform and broad selection of resources plus tools so that you may put money into capital markets.
Is BCS Forex a con?
No, BCS Forex is not a con. They are regulated by Cyprus Securities and Exchange Commission (CySEC) and must adhere to their rules. Thus, it is safe to say that BCS Forex is not a scam.
Can you make money with BCS Forex?
Using BCS Forex, several traders make a great deal of money. But, just like all online brokers, it is important to note that traders can also lose money. In particular, Your capital is at risk
This may seem like a small number, but over the year, this adds to a significant number of gains. Even though BCS Forex supply you all of the tools to make money, they cannot guarantee you will gain.
Does BCS Forex have fees?
Yes. To start trading with BCS Forex, you have to deposit $100. Certain commissions while trading also applies. Any processing fees from your bank will have to be incurred by you.
When was BCS Forex founded?
BCS Forex was founded in 2016 in Cyprus. BCS Forex is regulated by Cyprus Securities and Exchange Commission (CySEC).
How many people use BCS Forex?
BCS Forex is a globally recognised agent with 10,000+ clients.
Where is the BCS Forex head office?
BCS Forex has its head office in Cyprus
Does BCS Forex offer negative balance protection?
No. BCS Forex does not offer negative balance protection. If your balance is unfavorable, BCS Forex suggests that you promptly contact client services. With this, you are able to correct any imbalances in your account.
Does BCS Forex offer guaranteed stop loss?
BCS Forex, regrettably, doesn't offer guaranteed stop loss. BCS Forex gives an opportunity to its traders to close their trade at their given price. Apart from this, BCS Forex does not offer guaranteed stop loss.
Does BCS Forex allow scalping?
Yes, BCS Forex does permit scalping. Many traders across the world select BCS Forex for their scalping services. They offer trading on MT4,Desktop,iPhone/iOS which allow this.
Does BCS Forex allow hedging?
Yes, BCS Forex does allow hedging.
Can you trade energies with BCS Forex?
Yes, you can trade energy stocks with BCS Forex
Can you trade agricultural shares with BCS Forex?
Yes, you can trade agricultural stocks with BCS Forex
Can you trade cryptocurrency with BCS Forex?
No, unfortunately you cannot trade cryptocurrency with BCS Forex
Can you trade metals with BCS Forex?
Yes, you can trade metals with BCS Forex
Can you trade UK Shares with BCS Forex?
Yes, you can trade UK shares with BCS Forex
Can you trade US Shares with BCS Forex?
Yes, you can trade US shares with BCS Forex
Can you trade Japanese Shares with BCS Forex?
No, unfortunately you cannot trade Japanese shares with BCS Forex
Can you trade German Shares with BCS Forex?
No, unfortunately you cannot trade German shares with BCS Forex
Does BCS Forex accept bank transfers?
Yes, BCS Forex accepts bank transfers for depositing money.
Does BCS Forex accept credit cards?
Yes, BCS Forex accepts credit cards for depositing money.
Does BCS Forex accept PayPal?
No, BCS Forex does not accept PayPal.
Does BCS Forex accept Skrill?
No, BCS Forex does not accept Skrill.
Does BCS Forex accept Payoneer?
Yes, BCS Forex accepts Payoneer for depositing money.
Payoneer is an American financial services company that provides online money transfer, digital payment services and provides customers with working capital.
Account holders can send or receive funds via an ewallet, virtual bank account number in local currency, or a reloadable prepaid MasterCard debitcard. Money received can then be withdrawn to a bank account or used online / at points of sale with the Payoneer debit card. This company is a specialist in cross-border B2B transactions. The company facilitates cross-border transactions in more than 200 countries and territories, as well as more than 150 local currencies. It also offers cross-border wire transfers, online payments and refillable debit cards services.
Payoneer is used by companies like Airbnb, Google, Amazon and Upwork to send large-scale payouts all over the globe. It's also used by eCommerce platforms like Rakuten, Walmart, Wish.com, and freelance marketplaces like Fiverr, Envato, and works in conjunction with ad networks to link these companies with publishers based out of their headquartered countries.
Payoneer is a content creator and works with Pond5, iStock, Pond5 and other companies as well as the freelance market.
Payoneer's customer service team includes 320 employees that support 4,000,000 customers in 70 languages and in 150 currencies.
In October 2019, the company launched a service aimed for small and medium-sized businesses to send payments anywhere in the world quickly and cheaply.
Does BCS Forex accept Neteller?
No, BCS Forex does not accept Neteller.
Does BCS Forex offer Live Chat customer support?
Yes, BCS Forex offers customer support through live chat.
Does BCS Forex offer phone customer support?
Yes, BCS Forex offers customer support over the telephone.
Does BCS Forex offer email customer support?
Yes, BCS Forex offers customer support through email.
What languages can BCS Forex communicate in?
BCS Forex has the ability to communicate and support customers who speak: English, and Chinese
Does BCS Forex have a wikipedia page?
No, BCS Forex does not have an official wikipedia page.
Does BCS Forex offer demo accounts?
Yes, BCS Forex offers virtual portfolio accounts so you can learn their systems before risking any real money. Inexperienced traders can open a virtual portfolio account in order to become better acquainted with the aspects of Forex trading and test out some of the company’s features before getting a live account.
Compare BCS Forex To All Our Other Brokers
Latest BCS Forex News & Insights
BCS Forex Review
BCS Forex Review:
Table Of Contents
- Who are BCS Forex?
- Benefits Of Trading With BCS Forex
- Everything you should know about trading with BCS Forex
- Is BCS Forex Safe To Trade With?
- BCS Forex Risk Disclaimer
- Pro's & Con's Of Trading With BCS Forex
- Compare Brokers Similar To BCS Forex
- BCS Forex Regulation And Licencing
- BCS Forex Awards
- Minimum Deposit Required For A Live Account With BCS Forex
- BCS Forex Commission And Fees
- Compare broker fees against BCS Forex
- BCS Forex Withdrawal Fees Explained
- BCS Forex Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With BCS Forex?
- BCS Forex Customer Support
- BCS Forex Live Chat Support
- BCS Forex Phone Support
- BCS Forex Email Support
- Alternatives To BCS Forex
- Frequently Asked Questions About BCS Forex