BCS Forex Review and Tutorial 2021, bcsforex.

Bcsforex


Active and wealthy clients on BCS forex can earn tripcoins to spend on travel privileges such as flights and hotels.

My list of forex bonuses


BCS Forex Review and Tutorial 2021, bcsforex.


BCS Forex Review and Tutorial 2021, bcsforex.


BCS Forex Review and Tutorial 2021, bcsforex.

However, users would need to hold a total balance of at least $20,000 to benefit from a 500 welcome tripcoins bonus.
  • Currencies – 1:200 leverage. 0.5% margin
  • US stocks – 1:10 leverage. 10% margin
  • RU stocks – 1:20 leverage. 5% margin
  • Metals – 1:100 leverage. 1% margin
  • Indexes – 1:17 leverage. 6% margin
  • Energy – 1:9 leverage. 12% margin
  • Bonds – 1:50 leverage. 2% margin
  • Softs – 1:12 leverage. 9% margin


BCS forex review and tutorial 2021


Go to the brokers list for alternatives


BCS forex is a multi-asset trading broker offering the MT4 & MT5 platforms.


Trade on 35+ FX pairs, including majors.


BCS forex is an online broker offering over 420 tradeable instruments, including currencies, commodities, stocks, and indices. With a choice of two trusted trading platforms, as well as competitive spreads and leverage, read this review to find out if BCS forex is right for you.


BCS forex company overview


BCS-forex ltd was founded in 2004 and is registered under BCS markets ltd, in saint vincent and the grenadines. Its partner company FG BCS ltd is based in nicosia, cyprus.


With over 15 years of experience, the broker has expanded its FX services to include advanced trading platforms and comprehensive training to suit all levels of traders.


Trading platforms


Metatrader 4


Metatrader 4 (MT4) is a downloadable platform suitable for both beginners and experienced traders. Features include:



  • 30 built-in indicators plus custom options

  • 9 time-frames & 24 graphical objects

  • Economic news feed

  • Automated trading

  • One-click trading

  • Historical data

  • Trailing stop


BCS Forex Review and Tutorial 2021, bcsforex.
BCS forex trading platform


MT4 can be downloaded from the trading platforms page on the broker’s website.


Metatrader 5


Metatrader 5 (MT5) offers all the same features as MT4 but with added technical features including:



  • 21 time-frames, 38 technical indicators, 44 graphical objects

  • Advanced market depth (level II pricing)

  • Financial news & economic calendar

  • Hedging & netting



MT5 can also be downloaded from the broker’s website.


Markets


BCS forex offers multiple financial instruments:



  • Currencies – trade 35+ spot currency pairs, including EUR/GBP, USD/GBP, and AUD/USD

  • Indices – trade eight of the world’s leading indices including the FTSE 100 and US 500, as well as two russian indices MOEX and RTS

  • Stocks – access over 40 US stocks including tesla, IBM, and facebook, plus over 30 russian stocks

  • Commodities – trade precious metals plus oil and natural gas

  • Cryptocurrency – trade on bitcoin USD



Spreads & commission


Spreads vary depending on the account type. With the direct account, spreads start from 0.7 pips on major currency pairs, such as the EUR/USD. With the NDD and global accounts, spreads start from 0.2 points and 1 point respectively. Note that spreads are fixed on the pro account and start at 1 pip for the EUR/USD.


Spreads on major indices such as the US 500 start at around 8 points and average around 40 for the FTSE and DAX.


Other costs include a rollover or swap fee charged on positions held overnight, as well as a $100 monthly inactivity fee charged to accounts left dormant for six months.


Leverage


BCS forex offers fairly high leverage limits compared to competitors. The maximum leverage across all account types is 1:200. For specific assets, maximum leverage and minimum required margin levels vary as follows:



  • Currencies – 1:200 leverage. 0.5% margin

  • US stocks – 1:10 leverage. 10% margin

  • RU stocks – 1:20 leverage. 5% margin

  • Metals – 1:100 leverage. 1% margin

  • Indexes – 1:17 leverage. 6% margin

  • Energy – 1:9 leverage. 12% margin

  • Bonds – 1:50 leverage. 2% margin

  • Softs – 1:12 leverage. 9% margin



Mobile apps


BCS forex offers both the metatrader 4 and metatrader 5 platforms in a mobile app, which can be downloaded to any ios or android device.


The mobile app offers all the same features as the web platform but with the convenience of trading 24/7 anywhere on the go.



  • Interactive charts with scaling and scrolling

  • Minimum traffic consumption

  • Push notification support

  • User-friendly interface



Payment methods


Deposits


BCS forex offers several free deposit options, including bank transfers in EUR and USD, cards in USD, EUR, and RUB, e-wallets (QIWI and yandex monday) only in RUB, and internal transfer between accounts in USD, EUR or RUB.


Bank transfers take 2 to 3 working days, whilst e-wallet, card, and internal transfer options are instant. All methods are free, though there may be external fees for credit cards.


Withdrawals


Withdrawals can be made using the same options as above, but commission rates will apply. For bank transfers in EUR and USD, the commission is €40 and $35 respectively. Card payments and e-wallets are charged at 2.5%, while for qiwi wallet and yandex money the rate is 3.5%. Internal transfers are free.


Processing times also vary. E-wallets and internal transfers are instant, card payments take 1 to 3 days, and bank transfers take 2 to 3 working days.


Note that internal transfers between accounts are only possible within one trading platform (MT4 or MT5), not between both.


Demo account


BCS forex offers a demo account where beginners can test and learn various trading strategies. A demo account can be opened once you sign up for a personal account on the website. Users are free to choose between MT4 or MT5 but will need to specify some parameters upon sign-up, such as leverage and currency.


Deals & promotions


Active and wealthy clients on BCS forex can earn tripcoins to spend on travel privileges such as flights and hotels. However, users would need to hold a total balance of at least $20,000 to benefit from a 500 welcome tripcoins bonus.


Note 1 tripcoin = 1.5 cents.


Regulation


BCS-forex limited is registered in saint vincent and the grenadines and has an office in cyprus. Despite this, the broker isn’t regulated by any of the well-known regulators, such as the FCA or cysec. As a result, we’d recommend caution when opening an account, as you may not get the same degree of legal protection found at other providers.


Additional features


BCS forex offers several extra tools for traders, including:



  • An economic calendar

  • A training course for beginners

  • Expert forecasts and market analysis



Account types


BCS forex offers four account types, which all use either MT4 or MT5 and require an initial deposit of $1. Leverage limits remain the same across all four options at 1:200 and the minimum position size is 0.01 lots.


The main differences between the accounts are; the instruments traded, the spreads offered, the execution type, and additional features, such as demo account availability. The pro and direct accounts both offer demo accounts and would be the preferred choice for beginners.



  • NDD (non-dealing desk) – uses MT4 & MT5. Trade on FX only

  • Global – uses MT5. Trade on FX, cfds & cryptocurrency

  • Direct – uses MT5. Trade on FX, cfds & cryptocurrency

  • Pro – uses MT4. Trade on FX & cfds



Benefits


Users of BCS forex benefit from:



  • Competitive trading conditions & minimum deposit

  • Metatrader 4 and metatrader 5 platforms

  • Good customer support

  • Free banking service

  • Four account types



Drawbacks


Disadvantages of using this brand include:



  • UK, europe, and the USA not accepted

  • $100 inactivity fee after six months

  • Limited beginner promotions



Trading hours


Trading hours vary depending on the market and account type. These are laid out on the contract specifications page.


For FX, hours for the pro, global, and direct accounts are 24/5 (0:00 monday to 23:55 friday EET) and for the NDD account, trading hours are 24/5 (00:05 monday to 23:55 friday EET).


For gold, silver, and platinum, markets open on monday at 01:00 and close on friday at 23:55 EET.


Specific hours for stocks and other markets can be viewed on the broker’s website.


Customer support


The BCS forex customer support service is available monday to friday from 9:00 am to 9:00 pm GMT+3. There is no telephone number, however, they can be contacted via email at support@bcsmarkets.Com or by using the call-back request form.


There is also an online chat service that can be accessed on the right-hand side of the webpage. Upon testing the service, responses were received within a few minutes.


BCS forex ltd is registered at suite 305, griffith corporate centre, P.O. Box 1510, kingstown, saint-vincent and the grenadines.


Trader security


To ensure data exchanges are safe and secure, both the MT4 and MT5 platforms comply with industry-standard security requirements, including 128-bit secure sockets layer (SSL) encryption.


BCS forex verdict


With years of experience, particularly in the russian market, BCS forex has a competitive offering for both beginners and experts. The broker offers a range of accounts, two of the most popular platforms, and a decent suite of education resources. Our only concern is the questionable regulatory status. To create a safer trading environment, we’d like to see a license with one of the widely-regarded regulatory agencies.


Accepted countries


BCS forex accepts traders from thailand, canada, south africa, singapore, hong kong, india, norway, united arab emirates, saudi arabia, kuwait, qatar and most other countries.


Traders can not use BCS forex from afghanistan, algeria, angola, australia, colombia, cote D’ivoire, cuba, congo, eritrea, united kingdom, iran, iraq, japan, lebanon, liberia, libya, myanmar, nigeria, korea, pakistan, sierra leone, somalia, sudan, syria, united states, yemen, belgium, bulgaria, czech republic, denmark, germany, estonia, ireland, spain, france, croatia, italy, cyprus, latvia, lithuania, luxembourg, hungary, malta, netherlands, austria, poland, portugal, romania, slovenia, slovakia, finland, sweden.


What accounts does BCS forex offer?


BCS forex offers four different account types: global, NDD, pro, and direct. Leverage limits and minimum deposits are the same across all accounts. The differences predominantly lie in the instruments traded and demo account availability. The pro and direct accounts are the preferred options for beginners.


How do I open an account with BCS forex?


To open a trading account, you will need to first register for a personal account (PA) on the website. From within the PA portal, you will then be able to select which account you wish to open.


How much capital do I need to trade on BCS forex?


The initial deposit across all accounts is $1, making it accessible for new traders. The minimum trade size is 0.01 lots.


What leverage is available at BCS forex?


Leverage across all accounts ranges from 1:10 to a maximum of 1:200. See the broker’s website for a breakdown of specific leverage rates across different accounts.


Is BCS forex regulated?


BCS forex is not regulated or licensed with a major regulatory body. Instead, they are registered in saint vincent and the grenadines.



BCS forex


BCS Forex Review and Tutorial 2021, bcsforex.


BCS forex overview


BCS forex broker offering service since 2004, all most 16 years. They are regulated and focused on the russian market. The broker is owned and operated by BCS-forex limited that registered address suite 305, griffith corporate centre, P.O. Box 1510, kingstown, saint-vincent and grenadines. Recently the joined with russian financial authority to provide service in the russia federation.


The company is a part of the russian BCS financial group (финансовая группа БКС) and it incorporates ао бкс банк, authorized as a bank in russia.


It appears BCS-forex is settled in the russian market and has been around for some time, at the same time, all things considered, it is fitting to maintain a strategic distance from an unregulated broker.


BCS Forex Review and Tutorial 2021, bcsforex.


Broker overview


website visit website
broker type ECN/STP forex broker
demo link open demo account
founded 2004
country russia
headquarter russia
regulation regulated by cyprus securities and exchange commission (cysec)
int offices cyprus
email support@forex-bcs.Com
website lang english, russian
accept us clients no
account currencies USD, EUR, MYR, IDR, THB, VND, USC and more
trading platforms metatrader 4, metatrader 5
promotions get 50% of spreads right to your trading account every day
no deposit bonus no
welcome bonus 50% of spreads right to your trading account every day
withdraw options bank transfer in EUR, bank transfer in USD, QIWI wallet, yandex money, visa, mastercard, internal transfers
account funding methods bank transfer in EUR, bank transfer in USD, QIWI wallet, yandex money, visa, mastercard, internal transfers
other trading instruments yes
min deposit $/£/€ 10
max leverage 1:500
mobile trading yes
web trading yes
news trading yes
type of spread fixed and even negative
minimum spreads 0.0 pips
lowest spread on eur usd 0.0 pips
precision pricing 4 and 5 digits
free demo account yes
mini accounts yes
islamic accounts yes
VIP accounts yes
ecn account yes
swap free accounts yes
segregated accounts yes
managed account yes
interest on margin yes
trading contests yes
hedging yes
expert advisors yes
one click execution yes
oco orders yes
gold silver yes
cfds yes

The company offers as another broker most popular trading platform meta trader including bot mt4 an mt5.


Mt5 is the update version and gaining popularity regularly, experience and intermediate trader generally choose this trading platform. It really updated and better from mt5 trading platform.


This trading platform offer traders to trade in currency pairs, crypt, CFD, stock, share, indices, futures, binary option etc.


MT4 is a very popular trading platform, beginner choose it without any hesitation. Most of broker offer MT4 trading platform for popularity, secure trading and well developed that help trader to trade easily.
Mt4 and mt5 platform features:


One click trade execution
opening multiple positions
technical indicators and automatic trading
real time timeframes quote
communication with other traders via MT5 trading platform
email and economic calendar etc.

Account types


The BCS forex broker offers 4 type’s account. Including a demo account, there are totally 5 types account available. The clearest account is the direct account it’s based on the MT5 platform. It allows binary options trading. Other 4 types account is based on both the MT4 and MT5 trading platform. We reviewed the BCS forex broker has different rules, requirement and conditions, so before going for any account look these account features, conditions and more.
BCS demo account


The broker offer demo accounts for a beginner who wants to learn forex trading. Opening a demo account is free and risk free. You can open a demo account with this broker easily to familiar with this broker trading platform.
BCS global account


This account offers 116 trading instruments including forex, crypto and CFD. The demo version is not available for this account.


The trading platform is MT5


Execution: exchange execution


Minimum transaction value: 0.01 of a lot


Also, there is a stop order free and level limit free opportunities. With the greatest number of parcels for a solitary request set at 100 and the most extreme number of requests additionally at 100. The account offers commission free trading and funding.
BCS NDD account


BCS Forex Review and Tutorial 2021, bcsforex.


The NDD account offers MT4 and MT5 trading platform, and 41 forex currency pairs. This account starts with $1 deposit and the trading platform offered by broker. If you have any question about NDD account or face any trouble you can deal over the phone with the brokers. The spreads on forex are fixed with EUR/USD at 0.2 pips and commission charged at the rate of 0.003 % on forex trading.


The minimum lot size is 0.01


The maximum volume of lots for 1 order is 100.


However, traders can place up to 200 orders at a time. The level of margin call is at 100% with a stop out limit of 50%. Importantly, there is no level limit or stop orders with the NDD account.
BCS pro account


This account also starts from $1 and based on MT4 trading platform. The account offers instant trading and 117 trading instruments. The broker also offering commission free forex trading with this account and spreads are fixed, with spreads for EUR/USD at 1 pip.


The leverage is 1:1 – 1:200


The level of order is 6 and stop


The level of margin call is 100% and the stop out level is set at 20%. The minimum lot size with the pro account is 0.01 with a maximum volume of 100 lots per order, and traders permitted up to 100 orders at one time.
BCS direct account


This account minimum deposit is same as others account, based on the MT5 trading platform and offer up to 135 financial assets in forex, crypto and cfds and instant execution.


The variable spreads on forex currency pairs start from 0.7 pips and leverage up to 1:200.


This account level of margin call is 100% and the stop out level set at 20%.
Stop orders or level limit orders start from 6 points.
The minimum lot is 0.01 and the maximum volume allowed in one order is 100 lots.
The maximum number of orders at any one time is limited to 100.


BCS deposit and withdrawal methods


The broker offers a wide range of funding and withdrawal methods. The broker gives instant funding opportunities and common methods. The BCS forex client can deposit and withdraw their funds via visa, master card, quwi walet, yandex money, bank transfer in EUR and USD. Generally electronic wallets commission is 2.5 and 3.5% and the take up to 10 to complete a transection. Other plastic card charge is 2.5% and transection period can takes 1 to 3 work days. The bank transfer is available only EUR and USD currency. It takes 40 EUR for EUR transection and 35 USD for USD transection and takes maximum 2 to 3 days for a complete transection. But deposit via bank transfer is free, and it takes 2 to 3 working days. And all other deposit methods offers instant deposit.
BCS customer support


The company offers support via website live chat, phone, email, social media and website contact box.



BCS forex – forex broker rating and review 2021


http://www.Forex-bcs.Com/
status
regulation
trading software metatrader 4/5
headquartered suite 305, griffith corporate centre, P.O. Box 1510, kingstown, saint-vincent and grenadines

BCS forex was founded in december of 2004. The project presumed wide range of professional services to provide access to online trading in the international forex market. BCS forex clients have access to trading with the most marketable financial instruments (currencies, stock assets and indices) using a single trading account. Today BCS forex takes consistent position among the largest forex operators owing to the excellent services quality and high level of customer confidence.


To access trading, you need the internet, an account with forex broker and trading platform. Trading in forex market takes place 24 hours a day, which ensures the continuity of foreign exchange transactions. Exchange trades are carried out every minute thus allowing you to earn money on the exchange rate difference.


BCS forex is one of the best forex brokers. We provide our clients with the most beneficial trading conditions and a full range of online services for comfortable training. BCS company is the essence of the leading financial experts of currency markets, a full set of online services trading, and the favorable trading conditions. BCS forex offers the most popular trading platform, high-speed orders execution, free access to technical analysis and trading recommendations.


BCS forex trading information


BCS forex — latest reviews and comments 2021


I have been working with this company for a long time, about a year ago I was looking for a good broker, and came across this, read reviews some of them were negative. All of them were approximately similar to each other. I decided to take a chance and check if this is so, and it's comfortable to work with this broker altogether. I checked and realized that almost all the negative reviews came from people who were careless about trading, and this is understandable, because people are looking for easy money and don't want to think and learn, I immediately understood what was going on, and I was able to earn money, I've been working for the second year, everything suits me.


Andrew 6 september, 2019 reply


BCS forex rating


BCS forex reviews rating


Top 10 forex brokers 2021


Latest forex reviews


The uptrend appeared due to technical factors, since no interesting macroeconomic statistics from the US or europe were released yesterday.


Oil prices showed ambiguous dynamics on friday, reacting to the publication of conflicting information on the process of trade negotiations between the US and china.


Pressure on the euro was exerted by moderate growth in the US currency amid improved prospects for a trade agreement between the.


EUR showed a steady decline against USD on tuesday, updating local lows of october 16. The development of negative dynamics in the instrument.


Oil prices returned to decline on monday, retreating from local highs after a moderate upward rally last week. Investors are optimistic about progress.


The european currency showed ambiguous trading against the US dollar on monday. At the same time, the euro was increasing during.


The european currency rose significantly against the US dollar on wednesday, updating local highs of september 16. EUR was supported by.


Yesterday, the GBP/USD pair fell by more than 1.2% amid brexit uncertainty. The chances of next UK elections grow, so the bilateral agreement will.



BCS forex review and tutorial 2021


Go to the brokers list for alternatives


BCS forex is a multi-asset trading broker offering the MT4 & MT5 platforms.


Trade on 35+ FX pairs, including majors.


BCS forex is an online broker offering over 420 tradeable instruments, including currencies, commodities, stocks, and indices. With a choice of two trusted trading platforms, as well as competitive spreads and leverage, read this review to find out if BCS forex is right for you.


BCS forex company overview


BCS-forex ltd was founded in 2004 and is registered under BCS markets ltd, in saint vincent and the grenadines. Its partner company FG BCS ltd is based in nicosia, cyprus.


With over 15 years of experience, the broker has expanded its FX services to include advanced trading platforms and comprehensive training to suit all levels of traders.


Trading platforms


Metatrader 4


Metatrader 4 (MT4) is a downloadable platform suitable for both beginners and experienced traders. Features include:



  • 30 built-in indicators plus custom options

  • 9 time-frames & 24 graphical objects

  • Economic news feed

  • Automated trading

  • One-click trading

  • Historical data

  • Trailing stop


BCS Forex Review and Tutorial 2021, bcsforex.
BCS forex trading platform


MT4 can be downloaded from the trading platforms page on the broker’s website.


Metatrader 5


Metatrader 5 (MT5) offers all the same features as MT4 but with added technical features including:



  • 21 time-frames, 38 technical indicators, 44 graphical objects

  • Advanced market depth (level II pricing)

  • Financial news & economic calendar

  • Hedging & netting



MT5 can also be downloaded from the broker’s website.


Markets


BCS forex offers multiple financial instruments:



  • Currencies – trade 35+ spot currency pairs, including EUR/GBP, USD/GBP, and AUD/USD

  • Indices – trade eight of the world’s leading indices including the FTSE 100 and US 500, as well as two russian indices MOEX and RTS

  • Stocks – access over 40 US stocks including tesla, IBM, and facebook, plus over 30 russian stocks

  • Commodities – trade precious metals plus oil and natural gas

  • Cryptocurrency – trade on bitcoin USD



Spreads & commission


Spreads vary depending on the account type. With the direct account, spreads start from 0.7 pips on major currency pairs, such as the EUR/USD. With the NDD and global accounts, spreads start from 0.2 points and 1 point respectively. Note that spreads are fixed on the pro account and start at 1 pip for the EUR/USD.


Spreads on major indices such as the US 500 start at around 8 points and average around 40 for the FTSE and DAX.


Other costs include a rollover or swap fee charged on positions held overnight, as well as a $100 monthly inactivity fee charged to accounts left dormant for six months.


Leverage


BCS forex offers fairly high leverage limits compared to competitors. The maximum leverage across all account types is 1:200. For specific assets, maximum leverage and minimum required margin levels vary as follows:



  • Currencies – 1:200 leverage. 0.5% margin

  • US stocks – 1:10 leverage. 10% margin

  • RU stocks – 1:20 leverage. 5% margin

  • Metals – 1:100 leverage. 1% margin

  • Indexes – 1:17 leverage. 6% margin

  • Energy – 1:9 leverage. 12% margin

  • Bonds – 1:50 leverage. 2% margin

  • Softs – 1:12 leverage. 9% margin



Mobile apps


BCS forex offers both the metatrader 4 and metatrader 5 platforms in a mobile app, which can be downloaded to any ios or android device.


The mobile app offers all the same features as the web platform but with the convenience of trading 24/7 anywhere on the go.



  • Interactive charts with scaling and scrolling

  • Minimum traffic consumption

  • Push notification support

  • User-friendly interface



Payment methods


Deposits


BCS forex offers several free deposit options, including bank transfers in EUR and USD, cards in USD, EUR, and RUB, e-wallets (QIWI and yandex monday) only in RUB, and internal transfer between accounts in USD, EUR or RUB.


Bank transfers take 2 to 3 working days, whilst e-wallet, card, and internal transfer options are instant. All methods are free, though there may be external fees for credit cards.


Withdrawals


Withdrawals can be made using the same options as above, but commission rates will apply. For bank transfers in EUR and USD, the commission is €40 and $35 respectively. Card payments and e-wallets are charged at 2.5%, while for qiwi wallet and yandex money the rate is 3.5%. Internal transfers are free.


Processing times also vary. E-wallets and internal transfers are instant, card payments take 1 to 3 days, and bank transfers take 2 to 3 working days.


Note that internal transfers between accounts are only possible within one trading platform (MT4 or MT5), not between both.


Demo account


BCS forex offers a demo account where beginners can test and learn various trading strategies. A demo account can be opened once you sign up for a personal account on the website. Users are free to choose between MT4 or MT5 but will need to specify some parameters upon sign-up, such as leverage and currency.


Deals & promotions


Active and wealthy clients on BCS forex can earn tripcoins to spend on travel privileges such as flights and hotels. However, users would need to hold a total balance of at least $20,000 to benefit from a 500 welcome tripcoins bonus.


Note 1 tripcoin = 1.5 cents.


Regulation


BCS-forex limited is registered in saint vincent and the grenadines and has an office in cyprus. Despite this, the broker isn’t regulated by any of the well-known regulators, such as the FCA or cysec. As a result, we’d recommend caution when opening an account, as you may not get the same degree of legal protection found at other providers.


Additional features


BCS forex offers several extra tools for traders, including:



  • An economic calendar

  • A training course for beginners

  • Expert forecasts and market analysis



Account types


BCS forex offers four account types, which all use either MT4 or MT5 and require an initial deposit of $1. Leverage limits remain the same across all four options at 1:200 and the minimum position size is 0.01 lots.


The main differences between the accounts are; the instruments traded, the spreads offered, the execution type, and additional features, such as demo account availability. The pro and direct accounts both offer demo accounts and would be the preferred choice for beginners.



  • NDD (non-dealing desk) – uses MT4 & MT5. Trade on FX only

  • Global – uses MT5. Trade on FX, cfds & cryptocurrency

  • Direct – uses MT5. Trade on FX, cfds & cryptocurrency

  • Pro – uses MT4. Trade on FX & cfds



Benefits


Users of BCS forex benefit from:



  • Competitive trading conditions & minimum deposit

  • Metatrader 4 and metatrader 5 platforms

  • Good customer support

  • Free banking service

  • Four account types



Drawbacks


Disadvantages of using this brand include:



  • UK, europe, and the USA not accepted

  • $100 inactivity fee after six months

  • Limited beginner promotions



Trading hours


Trading hours vary depending on the market and account type. These are laid out on the contract specifications page.


For FX, hours for the pro, global, and direct accounts are 24/5 (0:00 monday to 23:55 friday EET) and for the NDD account, trading hours are 24/5 (00:05 monday to 23:55 friday EET).


For gold, silver, and platinum, markets open on monday at 01:00 and close on friday at 23:55 EET.


Specific hours for stocks and other markets can be viewed on the broker’s website.


Customer support


The BCS forex customer support service is available monday to friday from 9:00 am to 9:00 pm GMT+3. There is no telephone number, however, they can be contacted via email at support@bcsmarkets.Com or by using the call-back request form.


There is also an online chat service that can be accessed on the right-hand side of the webpage. Upon testing the service, responses were received within a few minutes.


BCS forex ltd is registered at suite 305, griffith corporate centre, P.O. Box 1510, kingstown, saint-vincent and the grenadines.


Trader security


To ensure data exchanges are safe and secure, both the MT4 and MT5 platforms comply with industry-standard security requirements, including 128-bit secure sockets layer (SSL) encryption.


BCS forex verdict


With years of experience, particularly in the russian market, BCS forex has a competitive offering for both beginners and experts. The broker offers a range of accounts, two of the most popular platforms, and a decent suite of education resources. Our only concern is the questionable regulatory status. To create a safer trading environment, we’d like to see a license with one of the widely-regarded regulatory agencies.


Accepted countries


BCS forex accepts traders from thailand, canada, south africa, singapore, hong kong, india, norway, united arab emirates, saudi arabia, kuwait, qatar and most other countries.


Traders can not use BCS forex from afghanistan, algeria, angola, australia, colombia, cote D’ivoire, cuba, congo, eritrea, united kingdom, iran, iraq, japan, lebanon, liberia, libya, myanmar, nigeria, korea, pakistan, sierra leone, somalia, sudan, syria, united states, yemen, belgium, bulgaria, czech republic, denmark, germany, estonia, ireland, spain, france, croatia, italy, cyprus, latvia, lithuania, luxembourg, hungary, malta, netherlands, austria, poland, portugal, romania, slovenia, slovakia, finland, sweden.


What accounts does BCS forex offer?


BCS forex offers four different account types: global, NDD, pro, and direct. Leverage limits and minimum deposits are the same across all accounts. The differences predominantly lie in the instruments traded and demo account availability. The pro and direct accounts are the preferred options for beginners.


How do I open an account with BCS forex?


To open a trading account, you will need to first register for a personal account (PA) on the website. From within the PA portal, you will then be able to select which account you wish to open.


How much capital do I need to trade on BCS forex?


The initial deposit across all accounts is $1, making it accessible for new traders. The minimum trade size is 0.01 lots.


What leverage is available at BCS forex?


Leverage across all accounts ranges from 1:10 to a maximum of 1:200. See the broker’s website for a breakdown of specific leverage rates across different accounts.


Is BCS forex regulated?


BCS forex is not regulated or licensed with a major regulatory body. Instead, they are registered in saint vincent and the grenadines.



BCS-forex review – is forex-bcs.Ru scam or good forex broker?



Trading accounts and conditions


Account type minimum deposit minimum trade size maximum leverage average spreads
NDD MT4 $1 0.01 lot 1:200 from 0.2 pips*
pro MT4 $1 0.01 lot 1:200 1 pip, fixed
global MT5 $1 0.01 lot 1:200 from 1 pip
NDD MT5 $1 0.01 lot 1:200 from 0.2 pips*
direct MT5 $1 0.01 lot 1:200 from 0.7 pips


BCS-forex offers five types of live trading accounts. The main differences among them are the trading platform, the type of execution (exchange, market and instant) and the spreads. It must be kept in mind that the NDD accounts offer trading only in forex (41 pairs) and have a commission. There is also a free demo account on MT4.


The broker has an asset portfolio of over 300 instruments: forex and cfds. There is also the option to trade in binary options.


BCS-forex allows scalping.


The company. Security of funds



BCS-forex is a forex broker focused on the russian market, owned by the company BCS-forex limited, which is registered in the offshore zone saint vincent and the grenadines. As of recently the broker applied for a russian forex license.


BCS-forex is part of the russian BCS financial group (финансовая группа БКС) it includes АО БКС банк, licensed as a bank in russia; the BCS prime brokerage limited, which falsely claims to be registered and regulated by UK's FCA, brokercreditservice (cyprus) limited – a cysec-licensed forex broker and the aforementioned BCS-forex limited.


It seems BCS-forex is well-established in the russian market and has been around for a while, but, nevertheless, it is advisable to avoid unregulated brokers.


Trading platform


BCS-forex offers trading in the most popular trading platforms: metatrader 4 (MT4) and metatrader 5 (MT5).


MT4 is still the more popular trading platform than its successor, but MT5 is gaining popularity, especially after the introduction of the hedging option in the spring of 2016.


MT5 is more advanced than MT4, but has most of the well-familiar and loved features of its predecessor. Additionally, MT5 allows trading in futures, options and shares, in addition to cfds and forex.


MT4's popularity is not waning either and would most likely remain a favorite for a while, despite metaquotes' efforts to promote its successor.


Promotions


BCS-forex has a type of promotion for VIP clients that offers flyer miles, which can be exchange for a plane ticket.


Methods of payment


BCS-forex accepts payments through bank transfers and credit/debit cards. Another option are the russian online banking systems BCS online, alfa click, sberbank online and promsvyazbank. Clients can also make deposits through the online payment portals qiwi, yandex money and moneta.Ru.


Conclusion


Like we already said, it seems BCS-forex is a serious forex broker, despite not being regulated. On one hand, it has just applied for a russian license, but on the other – another subsidiary in the BCS financial group is falsely claiming to be regulated by the FCA, when it is no longer the case. It could be just an innocent oversight or done on purpose. We will never know.


Anyways, to a certain extent BCS-forex has pretty good trading conditions, especially in terms of spreads on some types of accounts. The $1 deposit requirement, despite being just a token, also makes the broker look good. So does the offering of both MT4 and MT5.


Pros cons
MT4&MT5 unregulated
tight spreads
low deposit requirement


Latest news about BCS-forex


FXTM a regulated forex broker (regulated by cysec, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.


XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.


FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.


Fxpro is a broker we are particularly keen on: it’s regulated in the UK, offers metatrader 4 (MT4) and ctrader – where the spreads start at 0 pips, level II pricing and full market depth. And the best part? With fxpro you get negative balance protection.


Fxchoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.


Hotforex is a EU regulated broker, offering wide variety of trading accounts, including auto, social and zero spread accounts. The minimum intial deposit for a micro account is only $50 and is combined with 1000:1 leverage - one of the highest in the industry.



BCS forex


BCS Forex Review and Tutorial 2021, bcsforex.


BCS forex overview


BCS forex broker offering service since 2004, all most 16 years. They are regulated and focused on the russian market. The broker is owned and operated by BCS-forex limited that registered address suite 305, griffith corporate centre, P.O. Box 1510, kingstown, saint-vincent and grenadines. Recently the joined with russian financial authority to provide service in the russia federation.


The company is a part of the russian BCS financial group (финансовая группа БКС) and it incorporates ао бкс банк, authorized as a bank in russia.


It appears BCS-forex is settled in the russian market and has been around for some time, at the same time, all things considered, it is fitting to maintain a strategic distance from an unregulated broker.


BCS Forex Review and Tutorial 2021, bcsforex.


Broker overview


website visit website
broker type ECN/STP forex broker
demo link open demo account
founded 2004
country russia
headquarter russia
regulation regulated by cyprus securities and exchange commission (cysec)
int offices cyprus
email support@forex-bcs.Com
website lang english, russian
accept us clients no
account currencies USD, EUR, MYR, IDR, THB, VND, USC and more
trading platforms metatrader 4, metatrader 5
promotions get 50% of spreads right to your trading account every day
no deposit bonus no
welcome bonus 50% of spreads right to your trading account every day
withdraw options bank transfer in EUR, bank transfer in USD, QIWI wallet, yandex money, visa, mastercard, internal transfers
account funding methods bank transfer in EUR, bank transfer in USD, QIWI wallet, yandex money, visa, mastercard, internal transfers
other trading instruments yes
min deposit $/£/€ 10
max leverage 1:500
mobile trading yes
web trading yes
news trading yes
type of spread fixed and even negative
minimum spreads 0.0 pips
lowest spread on eur usd 0.0 pips
precision pricing 4 and 5 digits
free demo account yes
mini accounts yes
islamic accounts yes
VIP accounts yes
ecn account yes
swap free accounts yes
segregated accounts yes
managed account yes
interest on margin yes
trading contests yes
hedging yes
expert advisors yes
one click execution yes
oco orders yes
gold silver yes
cfds yes

The company offers as another broker most popular trading platform meta trader including bot mt4 an mt5.


Mt5 is the update version and gaining popularity regularly, experience and intermediate trader generally choose this trading platform. It really updated and better from mt5 trading platform.


This trading platform offer traders to trade in currency pairs, crypt, CFD, stock, share, indices, futures, binary option etc.


MT4 is a very popular trading platform, beginner choose it without any hesitation. Most of broker offer MT4 trading platform for popularity, secure trading and well developed that help trader to trade easily.
Mt4 and mt5 platform features:


One click trade execution
opening multiple positions
technical indicators and automatic trading
real time timeframes quote
communication with other traders via MT5 trading platform
email and economic calendar etc.

Account types


The BCS forex broker offers 4 type’s account. Including a demo account, there are totally 5 types account available. The clearest account is the direct account it’s based on the MT5 platform. It allows binary options trading. Other 4 types account is based on both the MT4 and MT5 trading platform. We reviewed the BCS forex broker has different rules, requirement and conditions, so before going for any account look these account features, conditions and more.
BCS demo account


The broker offer demo accounts for a beginner who wants to learn forex trading. Opening a demo account is free and risk free. You can open a demo account with this broker easily to familiar with this broker trading platform.
BCS global account


This account offers 116 trading instruments including forex, crypto and CFD. The demo version is not available for this account.


The trading platform is MT5


Execution: exchange execution


Minimum transaction value: 0.01 of a lot


Also, there is a stop order free and level limit free opportunities. With the greatest number of parcels for a solitary request set at 100 and the most extreme number of requests additionally at 100. The account offers commission free trading and funding.
BCS NDD account


BCS Forex Review and Tutorial 2021, bcsforex.


The NDD account offers MT4 and MT5 trading platform, and 41 forex currency pairs. This account starts with $1 deposit and the trading platform offered by broker. If you have any question about NDD account or face any trouble you can deal over the phone with the brokers. The spreads on forex are fixed with EUR/USD at 0.2 pips and commission charged at the rate of 0.003 % on forex trading.


The minimum lot size is 0.01


The maximum volume of lots for 1 order is 100.


However, traders can place up to 200 orders at a time. The level of margin call is at 100% with a stop out limit of 50%. Importantly, there is no level limit or stop orders with the NDD account.
BCS pro account


This account also starts from $1 and based on MT4 trading platform. The account offers instant trading and 117 trading instruments. The broker also offering commission free forex trading with this account and spreads are fixed, with spreads for EUR/USD at 1 pip.


The leverage is 1:1 – 1:200


The level of order is 6 and stop


The level of margin call is 100% and the stop out level is set at 20%. The minimum lot size with the pro account is 0.01 with a maximum volume of 100 lots per order, and traders permitted up to 100 orders at one time.
BCS direct account


This account minimum deposit is same as others account, based on the MT5 trading platform and offer up to 135 financial assets in forex, crypto and cfds and instant execution.


The variable spreads on forex currency pairs start from 0.7 pips and leverage up to 1:200.


This account level of margin call is 100% and the stop out level set at 20%.
Stop orders or level limit orders start from 6 points.
The minimum lot is 0.01 and the maximum volume allowed in one order is 100 lots.
The maximum number of orders at any one time is limited to 100.


BCS deposit and withdrawal methods


The broker offers a wide range of funding and withdrawal methods. The broker gives instant funding opportunities and common methods. The BCS forex client can deposit and withdraw their funds via visa, master card, quwi walet, yandex money, bank transfer in EUR and USD. Generally electronic wallets commission is 2.5 and 3.5% and the take up to 10 to complete a transection. Other plastic card charge is 2.5% and transection period can takes 1 to 3 work days. The bank transfer is available only EUR and USD currency. It takes 40 EUR for EUR transection and 35 USD for USD transection and takes maximum 2 to 3 days for a complete transection. But deposit via bank transfer is free, and it takes 2 to 3 working days. And all other deposit methods offers instant deposit.
BCS customer support


The company offers support via website live chat, phone, email, social media and website contact box.



BCS forex – forex broker rating and review 2021


http://www.Forex-bcs.Com/
status
regulation
trading software metatrader 4/5
headquartered suite 305, griffith corporate centre, P.O. Box 1510, kingstown, saint-vincent and grenadines

BCS forex was founded in december of 2004. The project presumed wide range of professional services to provide access to online trading in the international forex market. BCS forex clients have access to trading with the most marketable financial instruments (currencies, stock assets and indices) using a single trading account. Today BCS forex takes consistent position among the largest forex operators owing to the excellent services quality and high level of customer confidence.


To access trading, you need the internet, an account with forex broker and trading platform. Trading in forex market takes place 24 hours a day, which ensures the continuity of foreign exchange transactions. Exchange trades are carried out every minute thus allowing you to earn money on the exchange rate difference.


BCS forex is one of the best forex brokers. We provide our clients with the most beneficial trading conditions and a full range of online services for comfortable training. BCS company is the essence of the leading financial experts of currency markets, a full set of online services trading, and the favorable trading conditions. BCS forex offers the most popular trading platform, high-speed orders execution, free access to technical analysis and trading recommendations.


BCS forex trading information


BCS forex — latest reviews and comments 2021


I have been working with this company for a long time, about a year ago I was looking for a good broker, and came across this, read reviews some of them were negative. All of them were approximately similar to each other. I decided to take a chance and check if this is so, and it's comfortable to work with this broker altogether. I checked and realized that almost all the negative reviews came from people who were careless about trading, and this is understandable, because people are looking for easy money and don't want to think and learn, I immediately understood what was going on, and I was able to earn money, I've been working for the second year, everything suits me.


Andrew 6 september, 2019 reply


BCS forex rating


BCS forex reviews rating


Top 10 forex brokers 2021


Latest forex reviews


The uptrend appeared due to technical factors, since no interesting macroeconomic statistics from the US or europe were released yesterday.


Oil prices showed ambiguous dynamics on friday, reacting to the publication of conflicting information on the process of trade negotiations between the US and china.


Pressure on the euro was exerted by moderate growth in the US currency amid improved prospects for a trade agreement between the.


EUR showed a steady decline against USD on tuesday, updating local lows of october 16. The development of negative dynamics in the instrument.


Oil prices returned to decline on monday, retreating from local highs after a moderate upward rally last week. Investors are optimistic about progress.


The european currency showed ambiguous trading against the US dollar on monday. At the same time, the euro was increasing during.


The european currency rose significantly against the US dollar on wednesday, updating local highs of september 16. EUR was supported by.


Yesterday, the GBP/USD pair fell by more than 1.2% amid brexit uncertainty. The chances of next UK elections grow, so the bilateral agreement will.



Work on forex


Do you want to work through the internet and when it is convenient for you? Forex is the best way to earn money through the internet.


It is now possible to work through the internet. And the best work - is to work at forex market. Forex is accessible to all. You can be anywhere, at home, at work, on the street. Wherever there is internet access, you can make trades on forex. You need a computer or telephone, internet access and register an account with a brokerage company.


Currency trading forex - a stable way to earn money , the size of which depends solely on you.


You may have heard of the forex market? But you do not know what it is and how to make money? Perhaps not heard much of the forest, and that the forex can earn, that all this nonsense that the company's brokers just suck money out of people. This is borne out by those who could not make money on forex, but have lost their money.


The reality is that the forex market actually exists. And is not only the most profitable, but also risky. And to really earn money on forex, and not lose your money, we must learn to earn. Almost all companies offer to be trained, who free, some for money. You can choose the option of training that is right for you.


Learn what the forex. Learn how to make money on the forex market. Complete the training. Read the brokerage companies that provide services in the forex market. Choose your forex dealing center. And start to work and earn.


When opening an account, some companies provide no deposit bonus. With this bonus you can get started without investing their own money. On no deposit bonus, you can trade as a regular trader. Profits can withdraw from your account.


Forex is not only higher income but also an excellent investment. You can also invest in foreign exchange with a high profit? Opening the PAMM account and selecting a manager, you can earn income from bank deposits incomparable.


Forex is not a tape measure, and the knowledge economy. You will need to know the world economic situation. Continuing to follow the news of the economy.



BCS-forex review – is forex-bcs.Ru scam or good forex broker?



Trading accounts and conditions


Account type minimum deposit minimum trade size maximum leverage average spreads
NDD MT4 $1 0.01 lot 1:200 from 0.2 pips*
pro MT4 $1 0.01 lot 1:200 1 pip, fixed
global MT5 $1 0.01 lot 1:200 from 1 pip
NDD MT5 $1 0.01 lot 1:200 from 0.2 pips*
direct MT5 $1 0.01 lot 1:200 from 0.7 pips


BCS-forex offers five types of live trading accounts. The main differences among them are the trading platform, the type of execution (exchange, market and instant) and the spreads. It must be kept in mind that the NDD accounts offer trading only in forex (41 pairs) and have a commission. There is also a free demo account on MT4.


The broker has an asset portfolio of over 300 instruments: forex and cfds. There is also the option to trade in binary options.


BCS-forex allows scalping.


The company. Security of funds



BCS-forex is a forex broker focused on the russian market, owned by the company BCS-forex limited, which is registered in the offshore zone saint vincent and the grenadines. As of recently the broker applied for a russian forex license.


BCS-forex is part of the russian BCS financial group (финансовая группа БКС) it includes АО БКС банк, licensed as a bank in russia; the BCS prime brokerage limited, which falsely claims to be registered and regulated by UK's FCA, brokercreditservice (cyprus) limited – a cysec-licensed forex broker and the aforementioned BCS-forex limited.


It seems BCS-forex is well-established in the russian market and has been around for a while, but, nevertheless, it is advisable to avoid unregulated brokers.


Trading platform


BCS-forex offers trading in the most popular trading platforms: metatrader 4 (MT4) and metatrader 5 (MT5).


MT4 is still the more popular trading platform than its successor, but MT5 is gaining popularity, especially after the introduction of the hedging option in the spring of 2016.


MT5 is more advanced than MT4, but has most of the well-familiar and loved features of its predecessor. Additionally, MT5 allows trading in futures, options and shares, in addition to cfds and forex.


MT4's popularity is not waning either and would most likely remain a favorite for a while, despite metaquotes' efforts to promote its successor.


Promotions


BCS-forex has a type of promotion for VIP clients that offers flyer miles, which can be exchange for a plane ticket.


Methods of payment


BCS-forex accepts payments through bank transfers and credit/debit cards. Another option are the russian online banking systems BCS online, alfa click, sberbank online and promsvyazbank. Clients can also make deposits through the online payment portals qiwi, yandex money and moneta.Ru.


Conclusion


Like we already said, it seems BCS-forex is a serious forex broker, despite not being regulated. On one hand, it has just applied for a russian license, but on the other – another subsidiary in the BCS financial group is falsely claiming to be regulated by the FCA, when it is no longer the case. It could be just an innocent oversight or done on purpose. We will never know.


Anyways, to a certain extent BCS-forex has pretty good trading conditions, especially in terms of spreads on some types of accounts. The $1 deposit requirement, despite being just a token, also makes the broker look good. So does the offering of both MT4 and MT5.


Pros cons
MT4&MT5 unregulated
tight spreads
low deposit requirement


Latest news about BCS-forex


FXTM a regulated forex broker (regulated by cysec, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.


XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.


FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.


Fxpro is a broker we are particularly keen on: it’s regulated in the UK, offers metatrader 4 (MT4) and ctrader – where the spreads start at 0 pips, level II pricing and full market depth. And the best part? With fxpro you get negative balance protection.


Fxchoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.


Hotforex is a EU regulated broker, offering wide variety of trading accounts, including auto, social and zero spread accounts. The minimum intial deposit for a micro account is only $50 and is combined with 1000:1 leverage - one of the highest in the industry.





So, let's see, what we have: BCS forex is a multi-asset broker offering the MT4 & MT5 trading platforms. Read our review today for information on online chat support, licenses, & more. At bcsforex

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