BCM Markets review and ratings

Established 2024
Location Mauritius
Regulation FSC
Offices Ebene
Broker type STP | ECN
Leverage up to 1:500
Deposit from 20 USD
Spreads low  low
Platforms MetaTrader 4 MetaTrader 5
Instruments Currencies Indices Metals Energies Stocks
Funding methods Wire Transfer Credit Cards Tether

Company information

BCM Markets is a forex broker located in Mauritius, regulated by the Financial Services Commission (FSC).

Availability

BCM Markets accepts clients from all over the world, excluding USA, Canada, North Korea, Yemen, Belgium, Syria and some other countries where restrictions apply.

Distinctive features

Trading instruments

Forex broker offers the following underlying assets for trading.

45+ Currency Pairs Based on major and minor world currencies.
11 Indice CFDs Based on baskets of different blue-chip stocks.
2 Metal CFDs Based on Gold and Silver.
3 Energy CFDs Based on Crude Oil (WTI, Brent) and Natural Gas.
50+ Stock CFDs Based on shares of well-known US companies.

Comprehensive review

BCM Markets is a Mauritius-based forex and CFD broker that entered the online trading industry in 2024. Regulated by the Financial Services Commission (FSC) of Mauritius, the broker operates with a balance of regulatory oversight and flexible trading conditions that appeal to many types of traders, including those seeking high trading leverage.

The broker supports both MetaTrader 4 (MT4) and its successor MetaTrader 5 (MT5), the two most popular trading platforms in the forex industry. Despite having been released as early as in 2005 and 2010, respectively, the platforms are still among the best that are available to retail forex traders. This is partly thanks to the unmatched library of technical indicators and so-called Expert Advisors, or automated trading algorithms. Both platforms are available on desktop, mobile, and web, allowing for seamless access across devices.

One great benefit with BCM Markets is that the barrier to entry is so low, with no minimum deposit required to open a Standard account. This account is therefore ideal for beginner traders, and offers commission-free trading with spreads from just 0.8 pips on major FX pairs. For more experienced traders with larger accounts, the Pro account would be the best choice. This account type is available for a minimum deposit of $2,000, and offers tight spreads from 0 pips and commissions of $5 per lot.

Both account types offer leverage of up to 1:500, which is in line with the industry standard among offshore-registered forex brokers. It's worth noting that although high leverage can amplify profits, it also increases the risk of losses, making it best suited for experienced traders who fully understand how to manage risk.

The minimum trade size is 0.01 lots, which is also common among retail-focused brokers. The trading accounts can be denominated in either EUR or USD. Like many offshore forex brokers, BCM Markets supports a simple account registration and verification process, allowing new clients to open accounts and begin trading quickly.

In terms of trading instruments, BCM Markets offers a basic range across the most important asset classes. This includes around 45 forex pairs, 11 stock indices, precious metals, and energy commodities like oil and natural gas. Notably, the broker also offers CFDs based on around 50 US-listed large-cap companies, including names like Tesla (TSLA), Apple (AAPL) and Netflix (NFLX). What should be mentioned is that while this selection is not as extensive as some larger brokers, the instrument list is still well-diversified and should be sufficient for most retail traders.

A standout feature of the broker is its integrated PAMM (Percentage Allocation Management Module) account service. This is essentially a copy-trading platform that allows experienced traders to share their strategies with investors who prefer others to make trades on their behalf. Once everything has been set up by the investor, the platform will ensure trades are automatically placed in accordance with the desired trading strategy.

When it comes to funding methods, BCM Markets accepts bank wire transfers, credit cards, and the stablecoin Tether (USDT), which is a very practical option for crypto-oriented users. Support for USDT deposits and withdrawals is particularly beneficial for clients in regions with limited banking services available or for those who prefer faster, borderless transactions.

In conclusion, it is our view that BCM Markets combines strong platform support, attractive trading conditions, and useful investor tools like PAMM and copy-trading. We also like that the broker operates with low minimum deposits, tight spreads, and that it accepts both crypto and traditional fiat deposits, making it accessible to a large group of traders worldwide.

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