BCS Cyprus reviews

BCS Cyprus_logo BCS Cyprus 6/10 (votes 2374)

On-line since: 2000
Country of origin: Cyprus
Regulation: Cyprus Securities and Exchange Commission (CySEC)
Payment options: wire transfer, Visa/MasterCard
Minimum account size: -
Minimum lot size: -
Leverage: -
Spreads: -

An investment firm BrokerCreditService (Cyprus) was enrolled in the European Union in 2004. The company is controlled by the Cyprus Securities and Exchange Commission. The major goal of a business is to provide financial services. BCS Cyprus became a member of the Association of European Financial Markets in May 2020. The company has no secrets from its clients and performs audits annually. The results are published on the website https://bcscyprus.com/.

Terms of trade

For further information about the deposit, spreads and leverage, contact the support managers by phone +357 25 822 734 or email info@bcscyprus.com. The company does not provide this information in the public domain.

BCS Cyprus service activities:

The company renders a huge range of investment operations, in particular, it accepts and transfers orders related to one or several funding resources, conducts transactions on its own account, executes orders on behalf of clients, manages a portfolio, etc.

The company also offers additional services. Clients can take custodianship, loans to make a transaction, receive currency exchange services and conduct investment research and fiscal analysis.

Financial tools:

Transferable securities, money-market instruments, options, futures, swaps, etc.

How to place orders:

  • by phone
  • online using the QUIK trading system to trade derivatives and stocks.

Achievements:

BCS Cyprus became the best broker for trading Russian instruments. BCS has been the leader on the Moscow Exchange for 2 years. As a result, the company captured over 25% of the stock market, derivatives and forex.

BCS Cyprus has won the “Company of the Year” award more than once.

Values:

  • Providing high quality services and ensuring the stability of the company
  • Modern technologies in the capital market
  • Highly qualified staff, extensive experience and deep knowledge of the local market

Comments left by traders:

Basically, traders complain about the slow operation of the service and the long wait for the withdrawal of money. Besides, the support service does not answer questions sometimes.

Benefits:

  • state-controlled transactions;
  • variability of trading terminals.

Disadvantages:

  • there is no information about the terms of trade on the site

Add your review

Comments about broker

Mukhli trader
review BCS Cyprus
25-07-22

BCS Cyprus broker is not a recommended broker. I'm a beginner, and I started to trade at BCS Cyprus broker. I'm doing scalping, and it's so frustrating doing trading with them. Their platform is unstable also with slow order execution, and they don't have a good trading environment that enables easier navigation for beginners. The tools are also confusing, spreads get higher sometimes, and they took quite big commission fees. I think BCS Cyprus is not suitable, especially for beginners.

Polly trader
review BCS Cyprus
13-10-21

I finally closed my account with BCS Cyprus broker, and I realized my mistakes in choosing them. I traded with them 5 months. The first 2 months there was nothing wrong. But after I changed my trading account type, I've faced several problems, especially with my withdrawals, and most of them haven't been solved yet. I like to trade with them during this time because they have the best order execution quality that I have experienced on MT4. But when I have I had negative slippage almost every week for 10-15pips and a bad withdrawal process, and I decided to close my account.

Kyryl trader
review BCS Cyprus
12-10-21

The trading experience at BCS Cyprus is great. They have a stable platform and tight spreads. What I did not like is how inefficient they are in processing withdrawal transactions. When I deposit money, it goes into my account instantly. But when I try to withdraw, I had to wait for more than a week just to get my money.

Harshitha trader
review BCS Cyprus
13-06-21

I have wonderful trading experience on the BCS Cyprus's Multi-Assets Trading Platform, As these platforms have high tech trading tools and its execution time almost instant, which is the best opportunity for my scalping trade. I have earned $150 so far. Till now I have withdrawn $50 via the local bank account so far. So I say BCS Cyprus broker has the best broker for scalpers.

Amarn trader
review BCS Cyprus
26-01-21

The worst thing about BCS broker is their trading fees. I love how stable their platform is but I just couldn't stand the unreasonable range of trading fees. Even during normal market condition, the fees would still go too high making it impossible to earn if you try to open a trade.

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