BCS Forex vs Traders Trust, Updated for 2024
BCS Forex Rating
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Traders Trust Rating
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Your capital is at risk |
Losses can exceed deposits |
BCS Forex vs Traders Trust Guide |
Read our In-Depth BCS Forex vs Traders Trust Review - for 2024
Our review comparing BCS Forex and Traders Trust has been refreshed for 2024 from seasoned professionals with years of expertise across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of BCS Forex vs Traders Trust does not apply to all countries as follows:
BCS Forex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Traders Trust Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare BCS Forex vs Traders Trust
All online trading platforms will have some ups and downs, and a complete BCS Forex and Traders Trust review would not be regarded as thorough without adopting a fair assessment.
Examine BCS Forex and Traders Trust to get a better understanding of how these platforms stack up against each other prior to you open an account. Performing a comprehensive comparison can place factors into perspective to ensure that you are aware of the expectations.
So you are looking for an online trading platform and are choosing between BCS Forex or Traders Trust. Who should you choose?
Our BCS Forex vs Traders Trust comparison contains the most recent information so you can easily compare Traders Trust against BCS Forex.
If you're a new entrant in the world of trading and brokerages, so many details will be perplexing for you. Getting into the world of trading demands expert assessing skills and thorough knowledge. You'll acquire adept at all the concepts of broker as you keep trading. For starters, you need to select the right broker who will be clear with you always.
In this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment program has the potential to create hefty returns. BCS Forex and Traders Trust are two such trading platforms which will take you along with your investment to great heights. It's crucial to compare BCS Forex vs Traders Trust before you trust them with your money.
Our BCS Forex vs Traders Trust comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust BCS Forex and Traders Trust side by side.
Our entire BCS Forex vs Traders Trust Review covers everything you will need to learn about trading using either BCS Forex or Traders Trust. A fantastic broker can multiply your first investments and give you positive profits. If you want to make profits, you must trade with a broker service that aligns with your investing goals.
There is no sure-fire method to ensure profits; therefore, you must carefully assess your broker before you select them. It's a frequent misconception that all agents are exactly the same, but that's not correct. Wrong judgment, initially, can put your investments at risk.
BCS Forex and Traders Trust are both brokers which have forged their way successfully to the broker world. Within this review, we've tried to collate a number of the vital aspects of both BCS Forex and Traders Trust. This review can allow you to understand whether either Traders Trust or BCS Forex is a fantastic match for your investments or not. We have attempted to breakdown all the qualities and fees for your advantage.
Benefits of BCS Forex and Traders Trust Compared
BCS Forex offers a minimum deposit of $100 while Traders Trust has a $100 minimum deposit.
Why smaller minimum deposits are good and how BCS Forex and Traders Trust compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
BCS Forex has around 46 financial instruments whilst Traders Trust allows you to trade around 46 financial instruments available.
The more financial instruments you can trade on the BCS Forex and Traders Trust platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of BCS Forex or Traders Trust.
BCS Forex and Traders Trust Contact Details
Being able to contact your broker easily is a sign of a professional broker. BCS Forex and Traders Trust have the following contact details and social medias that you can use.
Broker | BCS Forex | Traders Trust |
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BCS Forex Twitter Account | Traders Trust Twitter Account | |
BCS Forex Facebook Page | Traders Trust Facebook Page | |
BCS Forex Instagram Account | Traders Trust Instagram Account | |
BCS Forex LinkedIn Page | Traders Trust LinkedIn Page | |
YouTube | BCS Forex YouTube Channel | Traders Trust YouTube Channel |
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Traders Trust and BCS Forex Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of BCS Forex and Traders Trust we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of the apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
BCS Forex vs Traders Trust - Awards
BCS Forex vs Traders Trust - Frequently Asked Questions
BCS Forex vs Traders Trust - Headquarters And Year Of Founding
BCS Forex was founded in 2016 and has its head office in Cyprus.
Traders Trust was founded in 1998 and has its head office in Cyprus.
What is the minimum deposit for Traders Trust or BCS Forex
The minimum deposit for BCS Forex is $100.
The minimum deposit for Traders Trust is $100.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both BCS Forex and Traders Trust are a good option.
BCS Forex vs Traders Trust - Regulation And Licencing In More Detail
BCS Forex is regulated by Cyprus Securities and Exchange Commission (CySEC).
Traders Trust is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f├ó╦å┼í├é┬║r Finanzdienstleistungsaufsicht (BaFin), The National Securities Market Commission (CNMV), The Commissione Nazionale per le Societ├ó╦å┼í├óÔé¼┬á e la Borsa (CONSOB), Finansinspektionen (FI), Netherlands Authority for the Financial Markets (AFM), Financial Services Authority (FSA).
Both BCS Forex and Traders Trust have a powerful collection of rules for ensuring honest trading on their own platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their own privacy regulations, client information is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare BCS Forex vs Traders Trust Commission And Fees
BCS Forex and Traders Trust are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled better. In other words, an internet broker is not necessarily affected by the number of clients they have.
But this does not mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly 3 types of fees for this purpose.
The first sort of charges to look out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are charged trading charges. In these instances, you're paying a spread, financing rate, or a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the flip side, a spread denotes the difference between the buying and selling price. Funding or overnight rates are those that are billed when you hold a leveraged position for longer than a day.
Aside from trading fees, online brokers also bill non-trading fees. These are dependent on the activities you undertake on your account. They're charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither BCS Forex or Traders Trust charge high fees compared to other online brokers. For operations other agents charge for, they do not charge a broker fee, or they charge a smaller sum. This is beneficial for people who often trade, such as weekly or daily trading.
However, non-trading fees billed by BCS Forex and Traders Trust are relatively higher. As a result, you are billed more for non-trading actions in your trading accounts, such as withdrawal and deposits. These aren't about the purchase and sale of resources.
This BCS Forex vs Traders Trust review for 2024 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For BCS Forex And Traders Trust
What Languages Do BCS Forex And Traders Trust Support?
Being able to talk easily with your online broker is a key way of comparing trading platforms to find your perfect broker. Not only for support but to be sure you understand everything on their website and inside their app as it is a key factor to success when trading online.
Below you can find the languages that both BCS Forex and Traders Trust support.
Broker | BCS Forex | Traders Trust |
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Languages Supported | English, and Chinese | English, and Chinese |
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How Many Clients Do BCS Forex and Traders Trust Have?
Both BCS Forex and Traders Trust are well established with their customer base. It is important to work with an online broker you can trust and one of the most simple ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many customers BCS Forex and Traders Trust have
Broker | BCS Forex | Traders Trust |
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Clients / Users | 10,000+ | 10,000+ |
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What Payment Methods Do BCS Forex and Traders Trust Accept?
BCS Forex and Traders Trust both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at BCS Forex and Traders Trust
Broker | BCS Forex | Traders Trust |
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Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | No | No |
Skrill | No | No |
Payoneer | Yes | Yes |
Neteller | No | No |
Find Out More |
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What Can You Trade With BCS Forex and Traders Trust?
BCS Forex offers 46 trading instruments and Traders Trust offers 100.
Below you will find a full breakdown of what both BCS Forex and Traders Trust offer.
BCS Forex Review
BCS Forex vs Traders Trust:
Table Of Contents
- Compare BCS Forex vs Traders Trust
- Benefits of BCS Forex and Traders Trust Compared
- Traders Trust and BCS Forex Mobile App Comparison
- BCS Forex vs Traders Trust - Awards
- BCS Forex vs Traders Trust - Frequently Asked Questions
- What is the minimum deposit for Traders Trust or BCS Forex
- BCS Forex vs Traders Trust - Regulation And Licencing In More Detail
- Compare Broker Fees For BCS Forex And Traders Trust
- What Languages Do BCS Forex And Traders Trust Support?
- How Many Clients Do BCS Forex and Traders Trust Have?
- What Payment Methods Do BCS Forex and Traders Trust Accept?
- What Can You Trade With BCS Forex and Traders Trust?