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About company
NDD investment broker BCS Markets was established in 2006 in Saint Vincent and the Grenadines. The regulator that oversees the broker's financial activities is the Financial Services Authority of Saint Vincent and the Grenadines. The broker is part of the financial holding BCS, established in Russia.
On its website, the broker describes the following advantages: an educational section and a FAQ section, no commissions for transactions, more than 500 assets for trading, one-click trading, instant order execution, minimum spreads for the most liquid assets, powerful analytics and a personal reporting system , trading conditions that suit all traders, a wide range of trading platforms, trading forecasts and analytics from experts.
Trading conditions
DIRECT, NDD, PRO - these are the types of trading accounts available for registration with a broker. A demo account is also available so that novice traders can test trading strategies without risks and investments. Forex, stocks, indices, energy resources, metals - these are the assets available for trading with the company. To become a client of the company, you need to register a trading account and replenish it with a minimum deposit of $1. Registered users can use useful tools and sections of the site for free: analytics section (economic calendar, holiday calendar), training section (glossary, answers to frequently asked questions).
Trading platforms
BCS Markets cooperates with the MetaQuotes developer and provides its clients with the MetaTrader 4 and MetaTrader 5 trading platforms for free. Both platforms also have a web terminal for trading through a browser and a mobile application for trading from a smartphone.
Technical support
The customer support service works 24/5 and processes all requests by phone 8 800 500 10 70, email support@bcsmarkets.com. It is also possible to leave a request for a callback, indicating the contact details on the company's website.
Deposit/Withdrawal
To fund a trading account or withdraw funds, clients should use the following methods: Visa, Mastercard, Bank transfer.
Trader reviews
There are a lot of negative reviews on the Internet. Almost all reviews are negative about this broker. Main complaints: offshore regulation and registration, misleading about the long history of the broker, incompetent technical support, suspicions of a scam, difficulties with withdrawing funds.
Broker Advantages
- Having a demo account
- Presence of a regulator
- MetaTrader 4
- Lots of assets
Broker Disadvantages
- Scam suspicions
- Offshore registration
- offshore regulator
- Slow withdrawal
Conclusion
When choosing a broker for cooperation, you should carefully check all the fundamental factors and not take the word of beautiful sites. It is worth paying attention to: the reputation of the broker, real feedback from traders, real trading conditions, the rhetoric of company representatives, the presence of a reliable regulator.
