Favorable conditions for trading bitcoins

Grade: 5

The broker keeps up with the times and has launched trading in bitcoins against the dollar on very good conditions. Spreads are market, commission is 0.3%. Execution is instant, you can enter a trade in 1 click, but to start trading you will need to top up your account with at least $2,800.
The minimum transaction amount is set at 0.5 BTC. MT5 is used as a trading terminal. It is possible to place pending orders of different types. Replenishment occurs instantly from both bank cards and Qiwi. And always with a commission of 2.5%. Withdrawal using the same methods is also instant and with the same commission.

As a binary specialist, development is still needed, everything is fine with Forex

Grade: 4

Multifunctional broker. There is trading in Forex, cryptocurrency and binary options. As for the 1st option, the most convenient account is Global. Single for Forex, MICEX and crypto. Allows you to use 330 assets. There are accounts for professionals with instant execution and minimal spreads. The base currency can be dollar, ruble or euro. Trading is carried out on MT4 or MT5 at the choice of the trader.
As for options, we use our own development, BCS Option Trader. It does not require installation on a computer, is designed for any mobile device, and is compatible with all browsers. Convenient for both beginners and professionals. The minimum bet is only 200 rubles. The profitability is really high compared to competitors, reaching 100% in a successful combination of circumstances.
Currency pairs, metals, and indices are available for work. But, unfortunately, the choice of option types is small. And they are only intraday, with expiration dates from 1 minute to 4 hours. I tried to trade both Forex and binary options. The broker is definitely more interesting in the first case. As a binary developer, they still have to grow and grow. At a minimum, we need urgent options with long expiration dates.

The InvestGuru service is worthy of attention

Grade: 5

To start full-fledged trading, it is enough to have a deposit of $1 (in your Direct account). Margin trading is available, the maximum leverage for all types of accounts (except cryptocurrency) is 1:200. NDD accounts have such a useful thing as telephone dealing. VIP accounts accumulate bonuses, which can later be exchanged for free flights. The InvestGuru service provides good opportunities for earning money. You can invest your money in stocks or investment funds. The work is carried out on the basis of an automatic algorithm that uses ready-made strategies (aggressive, balanced and moderate).
The minimum amount for investment is 10,000 rubles. I regularly use reviews and forecasts of platform analysts when developing a trading strategy. The level of forecast fulfillment is high. The demo simulator is provided free of charge after registration and generally corresponds to real conditions. The affiliate program is one of the most generous among popular brokers. Up to 50% is added to the spreads and commissions of new clients attracted.

Convenient co-branded card for withdrawal of funds without commission

Grade: 4

The broker attracted me with low spreads. For example, the euro/dollar pair is 0.02 points. There are a lot of currency pairs for trading, about 250. Among the underlying assets are energy resources, stocks and indices. A handy thing is a co-branded card. Gives me the opportunity to deposit and withdraw funds without commission. The reissue due to my fault cost 950 rubles. I did not find any information about the use of segregated accounts; it is not entirely clear where and how client funds are stored.
There are many more replenishment methods than withdrawal channels. But Yandex.Money and Qiwi exist. Earnings are withdrawn without problems, applications are approved quickly. Lately, for unknown reasons, sometimes the execution time of orders increases significantly, serious slippages (naturally not in my favor) and requotes occur.

Quite a reliable company

Grade: 5

I registered with BKS at the beginning of 2016, but started working there only six months later. Well, what can I say, the terminal (to choose from MT4 or MT5) seems to be functioning. Moreover, without constant freezes, huge slippage, and various errors. And although their spread is expanding, it is not to critical sizes. By the way, the minimum deposit there is from 1 dollar, and the spread is from 0.2 points, which is simply ideal for beginners and intraday trading. In general, they have 3 types of accounts, although they differ little from each other.
In addition, you can trade any strategies, the main thing is not to violate their regulations. Then there will be no canceled transactions, no problems with withdrawal of funds. By the way, during registration there you must present all the requested documents, otherwise the company has the right to refuse registration to the client. And this will be, at least, unpleasant.
Otherwise, all conditions are standard, there is training, ready-made investment solutions, and an affiliate program. But the most important thing is that they allow you to earn money and quickly withdraw funds, including those previously deposited. And there are no problems with this. So the broker can be included in the list of reliable companies.

There is a commission for replenishing the deposit

Grade: 4

I’m trading on a Pro MT4 account and I’m happy with everything so far. Due to the prompt execution of orders, it is possible not to lose points and make a normal profit. Of the options I use mostly classic and one-touch options. The maximum level of profitability was 98%. The broker provides good conditions for futures; they are traded without commission and without swaps. The analytics provided are really practical and you can use them. I have known BCS for almost 5 years. And all this time the company is constantly improving something in its activities, does not stop developing, and this is very noticeable. The verification procedure and the process of withdrawing funds are standard; there are no advantages over competitors in these parameters.

As for the minuses, I found only one, but quite significant. The commission is charged not only for withdrawing funds, but also for replenishing the deposit. If you do this using a bank card, then 1.5% is charged. If the amount is decent, then the loss is quite noticeable.

Serious broker, not a kitchen

Grade: 5

BCS offers work in a couple of directions - classic Forex and investing. I tried both. There was no crazy success with independent trading, so I switched to the InvestGuru service. The advertisement promised returns from 60 to 180%. In reality, of course, I did not see such indicators, since I did not take risks and chose traders with a conservative strategy. Every time everything turns out differently, but at the end of the month I never went into the red. In my personal account, I can easily monitor traders’ transactions and trading dynamics. The company pays profits consistently, there is no fraud. Among the channels for replenishing deposits and withdrawing funds, there are all the most popular EPS. I have never noticed a broker holding an auction of unprecedented generosity in terms of bonuses and promotions for newcomers. For me, this is another plus in the treasury of advantages of BCS, which means the company is serious. But interesting competitions for traders could be organized. And not standard ones like most competitors, but with a multi-factor system for determining the winner. I'm sure the broker will be able to handle this.

Good broker, but there is room for improvement

Grade: 5

The broker's trading conditions are acceptable. The office is a market place, not just another kitchen. There is nothing suspicious like super leverage and overly generous bonuses. For USD/RUB and EURO/RUB pairs, the quotes are four-digit. Spreads are lower than competitors, and execution is faster, taking less than a second. Margin call and stop loss work like a charm. Some time ago, multi-directional positions for the same instrument became available on certain types of accounts, and they promised to extend this to all accounts. The news selection on the site definitely deserves attention. The profit is paid without any complaints, but the office is clearly in no hurry to do this, you have to wait up to 3 days for happiness. I would really like to see the minimum lot size reduced. When trading several pairs at the same time and if there are several orders for each, the deposit is under serious threat.

Lots of assets, reliable broker

Grade: 5

One of the most significant advantages of the broker is the availability of a huge number of instruments for trading, there are 260 currency pairs alone, plus shares of leading companies, metals and CFDs on indices. Quotes are always up to date and updated quickly. Depending on the type of account, there are 4 or 5 digits after the decimal point. I consider the strength of the company to be the presence of dollar-ruble and euro-ruble pairs. I use only them for trading and consistently withdraw my profits. Withdrawal requests are approved the first time, same day, and within 3 days the money is credited to the account. Delays occurred only through the fault of the bank, there were no problems on the broker’s side, not a single application was rejected and there was no brainwashing. I am satisfied with the cooperation with the broker in all respects. Certain concerns arise only because the accounts are non-segregated and customer deposits are not kept separately. But in essence, this does not change anything for Russian clients, since the broker is not subject to domestic regulation. If something goes wrong, we will lose everything anyway.

Reliable broker

Grade: 5

Cooperation with the trader is satisfactory in all respects. Having licenses from several major European regulators at once inspires confidence, although for clients from Russia this will not help in any way. The broker has been awarded the highest reliability rating of AAA. The entry threshold is simply ridiculous - only $1. There is everything necessary for normal operation. I liked the affiliate program. The reward accrues for each completed transaction of the attracted client, and is not awarded once. The leverage is frankly small, the maximum value is at 1:200. The familiar MT terminal, its mobile version and the web terminal are available for operation at the same time. I can keep my finger on the pulse at any time and anywhere. I recently tried the automated trading service based on ready-made InvestGuru strategies. I invested the very minimum - 10,000 rubles. I won’t say that the profitability is stunning, but I’ve never gone negative. With the withdrawal of profits everything was ironclad, there were never any refusals or stupid excuses. However, frankly speaking, there are few channels for replenishment and withdrawal, only the most basic ones. Funds are credited on average within 1-2 days; before holidays you have to wait longer.

Full set

Grade: 5

This is not just another “created in five minutes” broker, but an entire financial group, including a broker, a Bank and a number of other structures. They are great here, everything is stable and full. If you take work on this platform, then there is a demo (I spent a couple of months on it) and a real account (I’ve been on it for the seventh month).
The servers froze a couple of times, but only on the demo account, which is surprising, because they usually groom and cherish it. In reality there are no problems at all. Everything is OK with spreads, I like very affordable swaps. Others have seen it much worse.
Withdrawing money to a card is also without any complaints. True, they stated better conditions than they actually are. Once, after the money had not arrived for a day, I wrote to support. They responded within 30 minutes and promised to fix it (as usual, everything was explained by the stupidity of the servers). After that, the money arrived within an hour. This never happened again; the conclusion came within a couple of hours. Moreover, regardless of the transfer amount.
In general, it’s a normal broker, I’m happy with it.

Many Russian-speaking users of Forex broker services may have recently noticed that the website of one of the popular and recognizable brands of the domestic market, BCS Forex, operates in English. The fact is that, indeed, from the previous Russian version of forex-bcs.ru there is an automatic transition to the bcsforex.com domain. At the same time, a warning pops up for users: “BCS-Forex Ltd does not provide services in regions where Forex is regulated.”

The fact is that last week the BCS Forex broker temporarily suspended accepting and servicing new clients - citizens of the Russian Federation. This step is a fairly logical continuation of the company obtaining a Russian Forex dealer license. However, at the moment, the company prefers to comply with the current requirements of the Law, and, apparently, wait for a positive response from the Bank of Russia.

This is not the first time that the current situation with the regulation of Russian Forex forces large players to turn away from a rather attractive, and also “native” market. As recently as March of this same year, Alfa-Forex announced the cessation of servicing Russians. Meanwhile, it is worth emphasizing that, unlike Alpha, which, BCS Forex continues to provide services, but does not accept new clients.

Add our resource to the “My Sources” section in the Yandex News system and read even more exclusive and interesting news! To add Forex Magnates Russia to your favorites, follow the link.

BCS Forex Marketing Director, Alexander Kapustin, commented on the situation for Forex Magnates Russia readers: “Starting from May 21, 2018, BCS Forex has temporarily suspended accepting new clients who are citizens of the Russian Federation. We emphasize that temporary restrictions apply only to new clients who are citizens of the Russian Federation and do not in any way affect the quality of services for our existing clients. The BCS Forex company continues to fulfill its obligations to existing clients who, as before, use the full range of services of the company.

Currently, the company is actively working to improve compliance procedures and increase the level of protection of customer data to comply with both Russian and international standards in the field of financial markets. Citizens of the Russian Federation who have registered with BCS Forex but have not yet opened a trading account, please wait a little - we will soon provide them with an updated, high-quality and most reliable service.”

Founded in 2004 in Cyprus. The broker uses NDD technology, constantly adds new services and has a good reputation. All conditions have been created here for traders; there are strategies for every taste. The company is officially registered, so beginners and professionals will be fully protected.

To register with BCS you need to find a menu on the main page of the site, in which you enter the following data:

• First and last name;
• Country, city;
• Age;
• Mobile number;
• Email;
• Desired account type.

To complete the login to your BCS personal account, follow the link in the message that came by email.

Trading conditions

Trading conditions can be represented as follows:

The conditions are standard, so they are suitable for almost every user. Leverage may vary from 1:500 to 1:1000. Safe trading and minimal risks will protect you from losing a lot of money.

Trading accounts

The broker is ready to offer its clients 4 accounts to choose from. If you don’t know which one to choose, then the following characteristic will allow you to weigh all the decisions and come to the right conclusion:

Accounts	Global	NDD	Pro	Direct
Platform	MT5	MT4/5	MT4	MT5
Spread	1 pt	0.2 pt	1 pt.	0.7 pt
Commission	No	0,003%	0%	No
Tools	333(FX+CFD)	41(currency)	135(FX+CFD)	135(FX+CFD)
Stop Out	35%	50%	20%	20%
Demo account	No	No	Eat	Eat
Execution method	Exchange	Market	Instant	Instant

Demo account

This broker has a very convenient demo account for beginners, with which you can delve into the operation of the system and take into account all the nuances.

PAMM accounts

PAMM account is not provided.

Binary options

BCS Forex makes it possible to receive 100% when trading binary options. To do this, open an account with Direct MT5, and then select an asset and predict the price movement.

Using one or another strategy, you can choose the appropriate option:

• High/Low (binary);
• One Touch (one touch);
• Range

Automatic trading

The broker provides the opportunity for automatic trading for those people who do not have free time, but want to earn money online. It's very convenient and has minimal risks, so you have nothing to lose.

Bonuses and tournaments

Clients with Comfort and Priority status can take advantage of the bonus program. For every transaction they will receive 1000 welcome miles. You can spend them on any airline.

VIP clients have such a bonus - 30% improved swaps and no restrictions on the number of orders. Find out more about these and other bonuses on the official BCS website.

Trading platform

The trading platform is represented by MT4 and MT5.

Trading instruments

Among the trading instruments, the following are especially popular:

• 333 (FX+CFD).
• 41 (currency).
• 135 (FX+CFD).

Regulation

Despite the fact that the Forex broker is part of the Financial Group with BCS Bank, the dealer does not have a license. The company is registered on the island of Saint Vincent and the Grenadines and is regulated by the FSA, CySEC, LSE systems.

Support

There is support here that is available 24 hours a day, 7 days a week. You can contact her at any time to clarify all the details.

Analytics

This broker does not have an analytical system.

Education

There is no full-fledged training as such. But there are a lot of recommendations for working with a trading terminal. So beginners will have a hard time - they need to make an effort to learn how to trade correctly and not lose money.

Deposit and withdrawal of funds

To deposit funds, you can use one of the following options:

• MasterCard, Visa.
• Internet banks.
• Qiwi, Yandex.Money.
• Moneta.ru.
• Currency transfer through a bank.

As for the withdrawal, the situation here is somewhat complicated, since you can only get the money you earned on Qiwi or Yandex.Money. Receipt on the card is impossible, since banks consider such transfers as money laundering.

The Cyprus company Broker Credit Service, registered in 2004, provides clients with a full range of services under the brand: investments, deposits, credit cards, forex, trading, etc. This is a successful broker, part of the BCS Financial Group (which also includes companies such as BCS Bank, BCS Prime (London), BCS Broker).

And yet, is BCS Forex a scam or a reliable company that will allow you to earn decent money? We will answer this question in today’s detailed broker review.

Terms of trading with BCS Forex

BCS Forex was founded in 1995 and over more than 20 years has grown into a large financial group consisting of separate structures, each of which is well represented in different sectors of the market. Today the main specializations of the company are: banking services, cash settlement services, Internet trading, trust management, investments, analytics, financial consultations. The company's mission is to become a market leader and provide customers with the best technologies. To do this, it constantly develops services and products, monitors innovative solutions in the field of trading, and analyzes the market situation.

The broker provides a large number of trading accounts, which can be tested for free on a demo account. Separately, it is worth noting NDD accounts, which are distinguished by instant and accurate execution of orders. They make it easy to carry out high-frequency trading with stable operation of the terminal. Forex BCS allows any style of trading: for example, hedging, scalping, advisors, etc. Quality is available for traders. This is largely possible due to the fact that the site publishes a large amount of educational information and analytics, as well as books, webinars and video tutorials. The materials will be useful even to those who do not yet have trading experience.

Platform forex-bcs.ru

For profitability and functionality, the broker offers clients high-quality terminals that will be convenient for both newcomers to the company and professional traders. The MetaTrader 4 platform is deservedly considered one of the most popular trading platforms in the world. Its advantages: rich functionality, simple operating principle, stability, safety. Here it is easy to conduct a full-fledged market analysis, use indicators, robots, advisors, news feeds, download trading systems into your terminal, etc. A separate advantage of the platform is that it does not need to be installed on your computer; you can immediately trade 24/7 in the web version of MT4, which is available for all operating systems.

You can also work in the MetaTrader 5 terminal. This is an updated version of the MT4 platform, which will allow you to trade profitably on different financial markets. In addition to the advantages of the previous version, there are many unique solutions and options that will make transactions on the stock, forex, futures, and CFD markets more comfortable and profitable. One convenient trading account is offered for investing in different markets. Even more indicators, advisors, types of expiration, orders and their execution types are available here; you can easily conduct a functional analysis of the market using news, the economic calendar, etc.

Special attention is paid to the possibilities of developing indicators; a convenient system for searching for advisors, purchasing and instantly installing them has been introduced. Being a modern trading solution, MT5 today can rightfully be considered the best terminal with almost unlimited possibilities for work. In addition, on the broker’s website, the client should familiarize himself with other trading platforms: QUIK, TSLab, TSLab LUA, Tradematic Trader, etc. (there are both paid and free terminals).

Broker quotes

BCS Forex works only with trusted companies that provide its clients with quality service. The company cooperates with international organizations that consistently supply financial market participants with information on quotes. This allows the broker to offer traders up-to-date and accurate asset value data.

BCS Forex demo account

In order to get acquainted with the BCS Forex trading platform, it is enough to use a demo account, which can be opened with a broker absolutely free of charge. A demo account is a special program, a simulator of real trading on the market using virtual money, which opens up a lot of opportunities for the trader.

The trial account will allow him to place trades and buy different assets without risking his personal capital. In a calm atmosphere, he will explore the terminal, check the operation of its options, ask questions to the support service, test strategies, etc. With the right approach, a demo account will help you easily determine how efficient the terminal is, how professional the support managers are, and also whether the broker with whom the trader plans to work is honest.

Mobile app

On the BCS Forex website you can easily and quickly download convenient mobile applications for the MetaTrader 4 and MetaTrader 5 terminals (iOS, Android), as well as the QUIK (paid program) and webQUIK Mobile platforms. By installing the program on a smartphone, a trader receives unlimited opportunities to work on different financial markets from his phone, stable access to the terminal at any time convenient for him and in any convenient place.

Now it doesn’t matter where the broker’s client is, on the road or at the dacha, he can log into the application at any time to start trading, adjust his orders, test the strategy, study market news, check the account status and withdraw money from the platform. The program does not differ in functionality from the web version of the terminal, but it is even more convenient and compact.

Bonuses at BCS Forex

Each trader of the company can now receive 500 points as a gift. Both new and existing clients of the company can take advantage of the bonus.

Replenishment and withdrawal of earnings

BCS Forex offers different methods of depositing and withdrawing funds. To replenish your deposit you can use the following:

• VISA/MasterCard;
• Bank transfer (in foreign currency and rubles);
• Internet banking.

Money can be deposited in dollars, euros or Russian rubles, the minimum amount for making a payment is not limited, there is a commission of 1.5%. We also draw your attention to the fact that deposits/withdrawals of funds through BCS Bank are commission-free. Withdrawal of funds from the account can be ordered at any time; the broker has no minimum restrictions on withdrawal amounts. The procedure is carried out only via bank transfer, withdrawals are only possible in dollars or euros, processing the application takes approximately 3 business days.

Positive reviews about which can be found today on many popular Forex resources, has been operating since 2004. BCS Forex is one of the largest Forex brokers in Russia and the CIS. The broker provides its clients with the most favorable trading conditions and a full range of online services for comfortable trading. Experienced specialists, many of whom have been working in the foreign exchange market for more than 20 years, advise both experienced and novice traders on a daily basis.

Trading operations are completed instantly within 50 milliseconds, thanks to a high-tech infrastructure with trading servers directly connected to the world's major liquidity providers.

The main advantages of trading through BCS Forex

1. Reliability of a leader, a brand with an impeccable reputation;
2. No minimum deposit requirements;
3. Many ways to instantly replenish trading accounts;
4. Ability to deposit and withdraw funds without commissions;
5. More than 420 trading instruments for trading (FOREX, CFD, CRYPTO);
6. Exchange spreads on ruble pairs (USDRUB1 kopecks);
7. Fixed spreads (EURUSD 1 pip)
8. Floating spreads (EURUSD from 0.2 points)
9. Minimum transaction size from 0.01 lot;
10. Leverage from 1:1 to 1:200

Qualitative analytics from BCS Expert experts

Special conditions for clients

In company there is an opportunity to join the VIP program, which opens up a number of advantages for the client. Program participants have a unique opportunity to accumulate bonus points, spend them on travel, use the services of a personal manager, and trade on the most favorable terms.

The minimum deposit to obtain VIP status is 20,000 USD. The VIP program allows you to significantly improve trading conditions. Positive and negative swaps are improved by up to 30%, the limit on the number of orders is removed, and it becomes possible to discuss individual terms of cooperation. Thanks to this, BCS Forex is ideal for experienced traders who have connected their lives with working in financial markets.