BCS Cyprus provides DMA stock and derivatives brokerage services on the RTS (Russia), MICEX (Russia) and LSE and on the world's largest exchanges (AMEX, NASDAQ, NYSE, CME / CBOT, Eurex, Euronext, LIFFE, XETRA). Clients can place orders on the stock market.
Company. Fund security
BCS Cyprus is part of the BCS Financial Group, which is headquartered in Russia. The group was formed in June 1995, and in 2000 was one of the first to offer Internet trading services on the Russian market. The FG also includes BCS Premier, BCS Broker, BCS Ultima, BC BCS, BCS Training Center.
BCS Cyprus is a trade name of BrokerCreditService (Cyprus) Ltd, a Cyprus Investment Firm (CIF), which is registered in the European Union and has been licensed by the Cyprus Securities and Exchange Commission (CySEC) since 2004.
Cyprus is currently one of the most attractive destinations for Forex brokers. CySEC has certain rules and requirements that it applies to Cypriot investment firms. These requirements are not as strict as, for example, those of regulators in the United States, but they provide a certain level of trust. Cyprus investment firms must have at least 730,000 euros, which is the guarantor of financial stability. In addition, brokers are required to keep client funds in segregated accounts (separate from company accounts) and report regularly to the Commission.
In addition, all brokers who are licensed by CySEC are members of the Investor Compensation Fund. The fund pays up to 20,000 euros in compensation to traders if the broker fails to fulfill its obligations.
The company is a member of the London Stock Exchange.
Trading conditions
BCS Cyprus does not publicly disclose information about the initial deposit, spreads and leverage. Apparently, traders can find out by contacting support specialists.
The broker is also known to serve business companies, institutional investors, and high-income families.
Trading platforms
The site indicates that the broker provides for trading:
QUIK System is a software package for providing online access to Russian exchange trading systems.
MetaTrader5 is the successor to the most famous terminal MetaTrader4. The terminal supports tools and functions for technical and fundamental analysis, creating trading systems and copying trading signals.
CQG includes analytics, charts and multiple interfaces for trade execution.
Tradematic Strategy Trader Standart is a terminal that will help you create a trading robot without programming.
Support service
The main office is located in Limassol, Cyprus. To open an account with a broker, you need to contact the managers by phone, fax or email.
Pros:
regulated broker; selection of trading terminals.
Minuses:
the site does not provide trading conditions.
FAQ - BROKER QUESTIONS BCSCYPRUS
- Do trader reviews affect the rating of BCSCYPRUS?
- How to leave a review about BCSCYPRUS on the ita.promo website?
To leave a review about the broker, scroll down the page, enter a valid email and your review with an overall rating. Reviews are moderated and tracked by the number of comments left from one IP or email. The site's technical support may request real documents proving that the user was or is a client of the broker. This rule applies to both negative and positive reviews. We want our portal to be honest and independent.
- Can the broker BCSCYPRUS be considered honest?
Before any trading and choosing a broker, you should always read reviews on our portal, as well as on other resources. Brokers that are honest have a rating above 3.8. There is also always a risk of losing investments when trading CFDs. Be careful and read the risk warning on the broker's website. BCSCYPRUS received a rating of 1 out of 5 on our resource.
Пока нет отзывов по этому брокеру.