BCS Forex

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    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.

    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 [email protected]
    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

    Trading platform

    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

    Minimum deposit: 1 USD

    Execution: Exchange Execution

    Spread: from 1 p.

    Minimum transaction value: 0.01 of a lot

    Leverage size: 1:200

    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

    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.

    Leverage size: 1:200

    Stop out level 50%

    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.

    Office: Suite 305, Griffith Corporate Centre, P.O. Box 1510, Kingstown, Saint-Vincent and Grenadines and FG BCS Ltd (HE 347295, Address: Prevezis 13, 1st floor, Flat/Office 101, 1065, Nicosia, Cyprus ).

    Headquarters: Saint-Vincent and Grenadines

    Phone: +74996771070

    Email: [email protected]