BCS Forex provides online trading services on 500+ instruments across 5 markets, including Metals and Stocks. Leverage options of up to 1:200 are available for a minimum deposit of $1.
BCS Forex; Company Regulation and Information

BCS Markets, formerly known as BCS Forex, is a Russian brokerage company registered in St. Vincent and the Grenadines. However, it’s not regulated by any financial authorities in Russia or SVG. Key features of BCS Forex:
- No regulatory license
- Founded in 2006
- Average execution time of 0.4 sec
- 500+ trading instruments
- Access to the Russian stock market
BCS Forex Specifications
BCS broker operates as a part of the BCS Financial Group, a well-known financial company in Russia, founded in 1995 by Oleg Mikhasenko. Let's take a closer look at what the Forex broker brings to the table.
Broker | BCS Forex |
Account Types | NDD, Pro, Direct |
Regulating Authorities | None |
Based Currencies | USD, EUR, RUB |
Minimum Deposit | $1 |
Deposit Methods | Bank Transfers, Credit/Debit Cards |
Withdrawal Methods | Bank Transfers, Credit/Debit Cards |
Minimum Order | 0.01 lots |
Maximum Leverage | 1:200 |
Investment Options | Stock Markets |
Trading Platforms & Apps | MT4, MT5, BrokStock |
Markets | Forex, Indices, Stocks, Metals, Energy |
Spread | From 0.2 points |
Commission | 0.003% For Forex on NDD accounts |
Orders Execution | Market, Instant |
Margin Call / Stop Out | Pro, Direct 100% / 20% NDD 100% / 50% |
Trading Features | Holiday Calendar, Market Analysis, Economic Calendar, Mobile Trading |
Affiliate Program | Yes |
Bonus & Promotions | Referral |
Islamic Account | Yes |
PAMM Account | No |
Customer Support Ways | Phone, Email, Callback Request, Ticket |
Customer Support Hours | Monday through Friday from 9:00 to 18:00 Moscow time (GMT+3) |
BCS Forex Account Offerings
BCS caters to different trading styles and experience levels with its diverse account types, which offer different fee structures, execution types, and instruments.
Features | Direct | NDD | PRO |
Base Currency | USD, EUR, RUB | USD, EUR, RUB | USD, EUR, RUB |
Min Deposit | $1 | $1 | $1 |
Spread | Floating from 0.7 points | Floating from 0.2 points | Fixed from 1.0 point |
Forex Commission | $0 | 0.003% | $0 |
Max Leverage | 1:200 | 1:200 | 1:200 |
Min Order Size (lots) | 0.01 | 0.01 | 0.01 |
Margin Call | 100% | 100% | 100% |
Stop Out | 20% | 50% | 20% |
Execution Type | Instant | Market | Instant |
Instruments | 114 | 39 | 93 |
BCS Forex Broker Pros and Cons

Trading with the company involves more than average risks since it’s not regulated and originated in Russia.However, it also has some advantages.
Pros | Cons |
Low minimum deposit ($1) | Lack of licensing from any financial authorities |
Multiple account types | No copy trading or social trading features |
Advanced trading platforms (MT4 & MT5) | Limited educational resources |
Access to Russian stock market | Limited leverage options (up to 1:200) |
Account Opening and Verification on BCS Forex
To create an account with the BCS Forex broker, traders must complete several steps. BCS Forex registration:
#1 Access the Registration Section on the Official Website
First, search for BCS Forex broker on your preferred web browser. Then enter it and click on the “Open an Account” button.
#2 Enter Your Phone Number
Now, you must provide your phone number and verify it using an OTP code.
#3 Login and Verify Your Account
After creating your account, log in and provide proof of identity (Passport or driving license) and proof of address (utility bill or bank statement) documents to verify your account.
BCS Forex Trading Platforms
We must discuss the trading platform in this BCS Forex review. The broker offers 3 main solutions, from MetaTrader to BrokStock.
Note that platform availability differs based on the account type. While BrokStock is available on all accounts, MetaTrader 4 is available on the NDD and PRO accounts, and MetaTrader 5 is accessible on the NDD and Direct accounts. All platforms offer several features, including:
- Real-time market quotes and price updates
- Advanced charting tools for technical analysis
- Multiple order types such as market, pending, stop-loss, and take-profit
- Fast and secure trade execution
- Access on desktop and mobile devices for flexible trading
- Account management features include balance, equity, and trade history
- Support for trading various financial instruments like forex and CFDs
- Customizable interface to match individual trading preferences
BCS Forex Broker Fee Structure
Understanding the fee structure is crucial for managing trading costs in BCS Markets. The broker offers zero-commission trading and average spreads from 0.2 points.
Account Type | EUR/USD Spreads | Commission for Forex | Commission for Metals | Commission for Stocks |
Direct | Floating from 0.7 points | $0 | $0 | 0.10% |
NDD | Floating from 0.2 points | 0.003% | 0.003% | - |
PRO | 1.0 point fixed | $0 | $0 | 0.10% |
BCS Forex Broker Supported Payment Methods

BCS provides a limited range of deposit/withdrawal options. It supports two main methods: Credit/Debit Card and Bank transactions.
Method | Deposit Fee | Withdrawal fee |
Bank Wire | 0% | 0.075% (a minimum of 15,000 AMD) |
Electronic Funds Transfer | 0% | 0% |
Bank Cards (VISA, MasterCard, AMEX) | 0% | 2.5% |
BCS Online | 0% | Not Available |
Internal Transfers Between Accounts | 0% | 0% |
Investment Plans and Copy Trading on BCS Forex
It's important to note that BCS does not offer investment plans or copy trading services. However, it enables you to invest in stock markets across the globe (Russia and other countries). You can buy and sell shares of the world’s largest companies on BCS Markets.
BCS Forex Trading Assets
The next topic in this BCS Forex review is financial instrument. The broker provides access to 100+ markets across 5 different asset classes.
- Forex: 36 major, minor, and exotic currency pairs;
- Energies: 4 CFDs on energy futures, including WTI, Brent, Heating Oil, and Natural Gas;
- Metals: 3 Spot Metals, including Gold, Silver, and Platinum;
- Indices: 11 CFDs on index futures like US30, K100, DX, DE40, and USTEC;
- Stocks: 59 CFDs on industry giants’ shares, such as Amazon, McDonald’s, JPMorgan, and Google.
Does BCS Forex Offer Bonus and Promotion?
BCS does not offer any traditional promotions like deposit bonuses or welcome gifts. However, it has a comprehensive partnership program with the following key features.
- Up to 50% commission on each trade of the referred client
- Profits even from one client
- No maximum award limitations
BCS Forex Customer Support
BCS Markets provides support from Monday to Friday from 9:00 to 18:00 Moscow time (GMT+3) through various channels, including:
support@bcsmarkets.com | |
Phone | +7 499 677 10 70 |
Callback Request | Available on the website |
Ticket | Through the personal area |
BCS Forex Restricted Countries
The company does not accept clients from certain jurisdictions due to regulatory restrictions and local laws. Here’s a list of red-flag countries on BCS Markets.
- Afghanistan
- Algeria
- Angola
- Australia
- Colombia
- Cote d'Ivoire
- Cuba
- Democratic Republic of the Congo
- Eritrea
- Great Britain
- Iran
- Iraq
- Japan
- Lebanon
- Liberia
- Libya
- Myanmar
- Nigeria
- North Korea

BCS Markets Trust Scores
User satisfaction may be the most important topic of the BCS Forex review. Despite having more than 15 years of experience in the markets, the company doesn’t have a profile on reputable review websites, such as TrustPilot and Forex Peace Army.
Lack of profiling on legitimate rating websites can be a drawback for potential clients since it shows the limited customer base of BCS.
BCS Forex Educational Resources
The broker doesn’t take traders’ education seriously since it only offers a trading glossary explaining Forex’s basic terms. However, you can use the BCS’s daily market analysis and trade signals.
BCS Forex in Comparison with Other Forex Brokers
To help you understand the advantages and disadvantages of trading with BCS Markets, we suggest checking the table below.
Parameters | BCS Markets Broker | |||
Regulation | Not Regulated | FSA, CySEC, ASIC | FSA, CySEC, FCA, FSCA, CBCS, FSC, CMA | FCA, FSCA, CySEC, SCB |
Minimum Spread | From 0.2 points | From 0.0 Pips | From 0.0 Pips | From 0.0 Pips |
Commission | 0.003% For Forex on NDD accounts | From $3 | From $0.2 to USD 3.5 | From $0 |
Minimum Deposit | $1 | $200 | $10 | $100 |
Maximum Leverage | 1:200 | 1:500 | Unlimited | 1:500 |
Trading Platforms | MT4, MT5, BrokStock | Metatrader 4, Metatrader 5, cTrader, cTrader Web, IC Markets Mobile | Exness Trade (mobile), Exness Terminal (web), MT4, MT5 | MT4, MT5, cTrader, Web Trader, Mobile App |
Account Types | NDD, Pro, Direct | Standard, Raw Spread, Islamic | Standard, Standard Cent, Pro, Raw Spread, Zero | Standard, Pro, Raw+, Elite |
Islamic Account | Yes | Yes | Yes | Yes |
Number of Tradable Assets | 420+ | 2,250+ | 200+ | 2100+ |
Trade Execution | Market, Instant | Market | Market, Instant | Market, Pending |
Conclusion and Final Words
BCS Forex provides access to Russian stock market with a commission of 0.1% and floating/fixed spreads from 0.7 points. The company supports Visa, MasterCard, and AMEX payments with a 2.5% commission for withdrawals.
While BCS Forex broker offers its affiliates commissions of up to 50%, the lack of licensing from top-tier regulatory bodies and a TrustPilot profile may be drawbacks for some clients.