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BCS Forex

6.6/10
Exante logo

Exante

4.3/10
5/10RegulationWinner7/10
4/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research0/10
4/10WinnerDeposits & Withdrawals1.5/10
10/10WinnerSupport6/10

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Overview

BCS Forex was founded in 2016 and is headquartered in Cyprus, while Exante was established in 2011 and is based in Malta. BCS Forex holds licences including Cyprus Securities and Exchange Commission (CySEC), while Exante is regulated by Malta Financial Services Authority (MFSA) among others. BCS Forex serves 10,000+ clients worldwide; Exante has 10,000+. The minimum deposit is $100 at BCS Forex and $11700 at Exante.

BCS Forex wins this category
FeatureBCS ForexExante
Min. Deposit$100$11700
RegulationCyprus Securities and Exchange Commission (CySEC)Malta Financial Services Authority (MFSA), CySEC. Licence No.: 165/12, FCA, HKMA
Founded20162011
CountryCyprusMalta
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between BCS Forex and Exante, directly affecting your bottom line as a trader. BCS Forex has a lower barrier to entry with a minimum deposit of $100 (vs $11700 at Exante). Both brokers charge withdrawal fees. BCS Forex applies inactivity fees on dormant accounts; Exante does not. Overall, BCS Forex scores higher on fees in our assessment.

BCS Forex wins this category
FeatureBCS ForexExante
Min. Deposit$100$11700
Withdrawal FeesYesYes
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

BCS Forex offers MT4, MT5, cTrader, while Exante supports MT4, MT5, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureBCS ForexExante
MT4YesYes
MT5YesYes
cTraderYesNo
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4,Desktop,iPhone/iOSMT4, WEB, desktop

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how BCS Forex and Exante compare. BCS Forex runs regular live webinars; Exante does not. BCS Forex has a video library; Exante does not. BCS Forex publishes daily market commentary; Exante does not. BCS Forex integrates third-party research tools (Trading Central, Autochartist); Exante does not. Archived webinars are available at both brokers for self-paced learning. BCS Forex scores higher overall in education and research.

BCS Forex wins this category
FeatureBCS ForexExante
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. BCS Forex accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Exante supports 1 (bank transfer). BCS Forex uniquely supports credit/debit card among the two brokers. BCS Forex scores higher on deposit and withdrawal flexibility.

BCS Forex wins this category
FeatureBCS ForexExante
Bank TransferYesYes
Credit CardYesNo
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. BCS Forex offers live chat; Exante does not, making BCS Forex easier to reach in real time. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. BCS Forex scores higher overall on customer support in our assessment.

BCS Forex wins this category
FeatureBCS ForexExante
Live ChatYesNo
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese