BCS Forex review (2021) Review

BCS Forex brokerage company is an active player in the trading world market for more than 15 years. During this period, it has firmly held a strong position among the largest Forex operators due to the excellent quality of services and a high level of client trust. During its existence, the company repeatedly became the winner of prestigious awards, including „The largest investment company“ and „Financial elite“. The client base of „BCS Forex“ at the beginning of 2019 numbered more than 80 thousand people. The company’s activity is regulated by the laws of the country of incorporation Saint Vincent and the Grenadines.

Trading instruments

BCS Forex supplies traders with more than 420 instruments. Users can trade currency pairs, stock indexes, cryptocurrencies, stocks, and other valuable assets. In case any problems occur while working on the financial market the clients of BCS Forex can address the Client support team by means of a Ticket system, e-mail, or contact phone.

One of the main advantages of BCS Forex is that the company provides clients with high-quality analytical data about the current situation on the market. There is a „Forex Expert“ section in the personal cabinet of users, which contains news, trading signals, mood indicators, training videos, and other tools to facilitate trading and increase the chances of making a profit from deals.

Trading platform

Users can use the trading and information terminals BCS Trade Station 4 (MetaTrader 4) and BCS Trade Station 5 (MetaTrader 5), which are designed to work on desktop PCs and laptops. In addition, the developers provide the opportunity to trade using the mobile application, which is compatible with smartphones and tablets based on iOS and Android.

trading platforms

BCS Forex Demo Account

You can open a free demo account only for DIRECT and PRO accounts. To do this, you need to register your personal account, then select the „Demo accounts“ menu in the „Trading accounts“ section and create a demo account.

demo account

After that, it will be active in your personal cabinet. Use the received data to enter the trading account in the trading terminal (the server, login, and password for authorization will be specified).

Account option

To trade on the BCS Forex broker platform the following account types are used:

  • Global. This is a standard account for earning on the fluctuations of exchange rates of more than 330 different assets. The company offers minimal market spreads and exchange mode of execution. Trading is conducted in the MT5 terminal.
  • NDD. An account with the market type of order execution for opening trading positions. BCS Forex guarantees the fastest order execution and the tightest spreads. This account is recommended for professional traders. Operations are charged a commission of 0.003% of the amount. There are 41 currency pairs available.
  • Pro. Classical trading account with fixed spreads in 1 point. It is possible to trade on 130 financial instruments, MT4 terminal is used. Instant execution without any withdrawal to the international market.
  • Direct. An account for direct access to liquidity providers and trading without paying commissions. Floating spreads starting from 0.7 pips. Instant execution. 135 financial assets available, including currency pairs, crypto-assets and CFDs. MT5 terminal.

types of accounts

Deposit and withdrawal of funds

You can replenish your deposit with the help of a wide range of payment services: by bank card, through online banking, electronic wallet or bank transfer.  Funds are credited instantly, except for bank transfer (up to 3 days) and banking system BCS-online (up to 2 days).

deposits

Customer Support

If you have any questions concerning working on the Forex market, as well as setting up and using the MetaTrader trading terminal, you are welcome to contact our technical support service. BCS Forex specialists will quickly answer the questions and help to solve any problems. To contact a manager, you are provided with the following information

  • hotline telephone: 8-800-333-53-36
  • e-mail: mail@bcsforex.ru

Also, users can use the ticket system by filling out the form and describing the difficulties encountered when working at the broker’s trading platform.

Pros and cons

After studying the peculiarities of the broker, it is safe to say that the broker is a reliable and honest dealer.

This is confirmed by the following advantages of the company:

  • convenient trading platform;
  • availability in mastering for the beginners;
  • low spreads;
  • variety of trading instruments;

Also, when working with BCS Forex there are some disadvantages of the dealer, in particular:

  • small selection of training material;
  • the use of a demo account is not possible on all trading accounts.

Pros / Cons
  • convenient trading platform
  • availability in mastering for the beginners
  • low spreads
  • variety of trading instruments
  • small selection of training material
  • the use of a demo account is not possible on all trading accounts

 

BCS Forex brokerage company is in the trading world market for more than 15 years. The company's activity is regulated by Saint Vincent and the Grenadines.