Many scammers hide behind trading activities, and BCS Forex is no exception. This company operates through a simple web portal that contains only general trading information. The developers did not waste time on high-quality content and design of the site. They cost a standard design, a template interface. In today’s article, we will tell you why you should not work with such offices. The beginner will find out what the deception lies in and what awaits him in the case of replenishing the deposit.
General characteristics of the project
The company is trying to attract newbies by talking about a simple and quick account opening. She indicates that she has a license from the Bank of Russia, but traders from the Russian Federation declare blocking accounts. All this looks rather strange and leads to suspicion of fraud. The company promises transparent trading conditions in the complete absence of hidden fees. It provides a minimum of information about its professional activities. The official website only says that the trader receives advice from analysts and the most popular currency pairs.
BCS Forex Broker says that it is always happy to help its customers. Consultants promise qualified support on the topic of Forex, customization and use of the trading terminal. The service is open from Monday to Friday from 9 am to 7 pm. The official website of the project contains telephone numbers and email for communication. On the network you can find negative reviews that indicate poor customer service. Market players complain about the lack of useful consultations, refusal to solve current problems.
Trading Platform Information
BCS Forex Company offers to make trade transactions through the MetaTrader 5 system. This is a new generation platform that has advanced functionality. It allows you to trade any currency pairs from one account. The market player receives more than 80 free technical and analytical tools at his disposal. The terminal is loaded on any device, it is possible to work through a browser. There is a built-in robot builder that allows you to automate your daily activities.
BCS Forex talks about the limitless possibilities of its platform:
- There are 6 types of pending orders. A market player can use additional hybrid orders that help automate trading.
- The trader receives 2 modes of execution of orders. A stock player can bring to life any strategy.
- Personal reporting system. The client receives several analytical tools and a wide range of time intervals.
- One click trading is available. The purchase and sale of financial assets is made directly from the schedule.
The exchange mediator describes the advantages of its platform, but the MT5 system is absolutely standard. It is often used by scammers who don’t want to spend time developing their own terminal. As a rule, the presented version of the trading platform is far from the highest quality. It demonstrates hangs, preventing profitable deals.
What they say about BCS forex: online reviews
The exchange platform does not like practicing traders. They note the lack of licenses. Many market players regret not reading negative comments before cooperation. It is unrealistic to make money in this system, because BCS forex are scammers.
The company blocks some accounts. It has offshore registration and is not controlled by anyone. Some market players spoke about small spreads, but brand representatives do not set the best trading conditions. When opening and closing orders, spreads expand significantly. Thus, the forex kitchen steals 15-30 points on each transaction. The brokerage platform demonstrates global slippage.
Affected customers indicate that a standard scam is hidden under a big name. The office is not capable of high-quality transactions. Problems begin at the stage of entering the personal account. Market players are not refunded even after a corresponding request is submitted. During trading, manipulations with quotes are very noticeable.
The swindler deceives his partners with the payment of remuneration. The referral program participant brought several clients, but did not receive a well-deserved profit. The broker referred to the error, but the staff are in no hurry to solve this problem.
Why should you abandon BCS forex?
The company has a bad reputation and is often suspected of deceit. She plays a dishonest game against her clients, blocking the accounts and taking profits. Its trading system is very far from ideal. On the platform there are slips and hangs, which prevents the implementation of profitable transactions. Registered customers are very sorry about replenishing the account in the BCS Forex system. The review allows us to make an unambiguous conclusion about the office fraud. A market player should stay away from such projects, otherwise he will expect large losses.
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