At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this BCS Forex broker review.
BCS Forex was founded in December of 2004. The project presumed wide range of professional services to provide access to online trading in the international Forex market. BCS Forex clients have access to trading with the most marketable financial instruments (currencies, stock assets and indices) using a single trading account. Today BCS Forex takes consistent position among the largest Forex operators owing to the excellent services quality and high level of customer confidence.
To access trading, you need the Internet, an account with Forex broker and trading platform. Trading in Forex market takes place 24 hours a day, which ensures the continuity of foreign exchange transactions. Exchange trades are carried out every minute thus allowing you to earn money on the exchange rate difference.
At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this Grand Capital broker review.Grand Capital - one of the oldest international brokerage firms. Since 2006, provides traders convenient online services for trading on Forex. GC is leader in the field of binary options and derivatives trading (CFD). Actually, GC is the first Russian company, which is integrated binary options in MetaTrader 4.
Grand Capital ltd is a fast growing forex broker, offering an innovative trading platform, combining beginner-friendly interface with cutting-edge technologies. Minimum deposit with Grand Capital ltd is just $10 and you can fund your account via Credit card, Neteller, Webmoney, CashU or Bank wire and More. Grand Capital works in sphere of complex services in the financial markets of 2006.
|#||Broker's Features||GRAND CAPITAL Availability||BCS FOREX Availability|
|#||Accepts US traders||❌||❌|
|#||24 hour trading||✔||✔|
|#||Trading by phone||❌||❌|
|#||1st deposit bonus||❌||❌|
|#||Forex contests competitions||❌||❌|
|#||Interest charges on the balance||❌||❌|
|#||24 hour support||✔||❌|
The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare Grand Capital vs Bcs Forex.
Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. Grand Capital offers Online Financial Trading and Investment Services Such as 330 financial instruments (Forex, Stocks, Options,, while Bcs Forex offers CFD (US Stocks, RU Stocks, Indexes, Energy), CRYPT.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. Grand Capital is Broker, Binary, while Bcs Forex is Broker.
Minimum Deposit Requirement: To compare these two FX brokers, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. Grand Capital recommended minimum capital is 10, while Bcs Forex has a Minimum Deposit Requirement of N/A.
Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Grand Capital is regulated by CRFIN, KROUFR, while Bcs Forex regulated by N/A. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.
Account currencies: Next lets consider the Account currencies each broker offers. Grand Capital offers EUR, USD, JPY, CHF, GBP different account currencies for each account types, while Bcs Forex offers USD, EUR, RUB account currencies.
Languages Available: Next lets have a look at each broker's different Language options. Grand Capital offers Russian, Chinese, Indonesian, English, while Bcs Forex offers English, Russian Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. Grand Capital offers Credit card, Neteller, Webmoney, CashU, Fasapay, S different payment methods for each account types, while Bcs Forex offers Plastic cards, Bank transfers, Electronic wallets payment methods.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Grand Capital makes MetaTrader 4, Web-trader available to clients, while Bcs Forex offers MetaTrader 4, MetaTrader 5.
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, Grand Capital is more reliable based on our criteria above. Grand Capital has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. Regulations play a huge role in protecting the traders/investors interest as they compel the financial service providers such as forex brokers to act in a fair and ethical manner. Grand Capital broker is regulated in more major hubs. Grand Capital offers a wider range of Account currencies. Why does base currencies matter? Because if you fund your account in the same currency as your bank account, currency conversion fees won't be charged. Customer service in your national language might not be a major concern for traders based in English-speaking countries, but it is a defining requirement for traders from other regions such as Asia and South America. Grand Capital has a wider range of languages in which customer service is offered making the broker more accessible. Only Grand Capital provides training and education resources which is extremely critical to beginner traders who may not be familiar with most of what goes on in the Forex markets.
Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.