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BCS Markets Broker Review (BCS Forex) 2025

BCS Markets Broker Review (BCS Forex) 2025
Company:BCS Forex
Founded:2006
Min Deposit:$1
Max Leverage:200
Headquarter:

South Africa

US Accepted:
Mobile Trading Holiday Calendar Economic Calendar Affiliate Market Analysis

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

About
BCS Forex is a Russian brokerage company offering commission-free trading on Forex. The broker provides access to MT4, MT5, and BrokStock platforms with spreads as low as 0.2 points.
Contact
Suite E 017 Midlands Office Park EA, Mount Quary street, Midlands Estate, Gauteng, 1692, South Africa
Rank and Score
Pros and Cons
Account Types
Platforms
Pros
Low minimum deposit ($1)
Multiple account types
Advanced trading platforms (MT4 & MT5)
Access to Russian stock market
Cons
Lack of licensing from any financial authorities
No copy trading or social trading features
Limited educational resources
Limited leverage options (up to 1:200)
score of blog
5 From 5.0
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Rate this post
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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 Forex
BCS Markets; a broker with over 40,000 clients over the course of 15 years

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

Why BCS Forex Broker?
A long track record in the markets and a reputable mother company are some of the benefits of trading with BCS Markets

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 Forex Broker Funding Methods
While deposits are typically processed instantly, withdrawals from BCS Markets take up to 3 days

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:

Email

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
Prohibited Countries on BCS Forex Broker
Citizens of Pakistan, Sierra Leone, Somalia, Sudan, Syria, and Yemen can’t use the services of BCS Forex broker

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

IC Markets Broker

Exness Broker

FxPro 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.

FAQs

Is BCS Forex regulated?

The company is registered in St. Vincent and the Grenadines, but no authority oversees its operation.

What's the minimum deposit?

You can open a live account with a budget of just $1.

Does BCS Forex offer MT4 and MT5 platforms?

Yes, both MetaTrader 4 and MetaTrader 5 are available alongside the BrokStock mobile app.

What trading platforms does BCS Forex offer?

BCS Forex offers three trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and its proprietary BrokStock platform. Platform availability varies by account type, with MT4 and MT5 accessible on selected accounts and BrokStock available to all.

What leverage does BCS Forex offer to traders?

BCS Forex provides a maximum leverage of 1:200 across all account types. While this may be sufficient for many traders, it is lower compared to some brokers offering 1:500 or even unlimited leverage.

What types of accounts are available on BCS Forex?

Traders can choose from three account types: Direct, NDD, and Pro. Each comes with different execution models, spreads, and commission structures to suit various trading preferences.

Does BCS Forex offer an Islamic trading account?

Yes, BCS Forex offers Islamic accounts that are free from interest or swap fees, making them compliant with Sharia law for Muslim traders.

What are the typical spreads and commissions at BCS Forex?

Spreads start from 0.2 points on NDD accounts. Commissions for Forex trades on NDD accounts are 0.003%, while stock trading on Direct and Pro accounts incurs a 0.10% commission.

What is the execution speed and order type in this broker?

The broker offers an average execution speed of 0.4 seconds and supports both market and instant order execution, depending on the account type.

Which markets and instruments can I trade on BCS Forex?

BCS Forex provides access to over 500 instruments across five asset classes, including Forex, Indices, Metals, Energies, and Stocks. This includes 36 currency pairs, 59 stock CFDs, and various commodities and indices.

Are PAMM or copy trading features available?

No, BCS Forex does not offer PAMM accounts or copy trading services. Traders looking for automated or social trading features may need to consider alternative brokers.

What are the deposit and withdrawal methods at BCS Forex?

Clients can fund their accounts via bank transfers or credit/debit cards, including Visa, MasterCard, and AMEX. Withdrawals can take up to three business days, and card withdrawals are subject to a 2.5% fee.

Are there any bonuses or promotions available at BCS Forex?

BCS Forex does not offer any deposit bonuses, welcome offers, or cashback promotions. The broker's promotional activity is limited to its affiliate program.

How can I open and verify an account with BCS Forex?

To open an account, users must register on the official website, verify their phone number, and submit identity and address verification documents, such as a passport and utility bill or bank statement.

What trading tools and features are available on the platform?

Traders have access to tools like an economic calendar, market analysis, and mobile trading. The platforms also offer real-time quotes, multiple order types, and advanced charting tools for technical analysis.

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