B

BCS Forex

6.6/10
highlow logo

highlow

7.6/10
5/10RegulationWinner10/10
4/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

BCS Forex was founded in 2016 and is headquartered in Cyprus, while highlow was established in 2011 and is based in Australia. BCS Forex holds licences including Cyprus Securities and Exchange Commission (CySEC), while highlow is regulated by Financial Conduct Authority (FCA) among others. BCS Forex serves 10,000+ clients worldwide; highlow has 150,000+. The minimum deposit is $100 at BCS Forex and $250 at highlow.

highlow wins this category
FeatureBCS Forexhighlow
Min. Deposit$100$250
RegulationCyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F254
Founded20162011
CountryCyprusAustralia
Clients10,000+150,000+

Fees

Fees are a critical factor when choosing between BCS Forex and highlow, directly affecting your bottom line as a trader. BCS Forex has a lower barrier to entry with a minimum deposit of $100 (vs $250 at highlow). BCS Forex charges withdrawal fees while highlow does not, a notable advantage for frequent withdrawers. BCS Forex applies inactivity fees on dormant accounts; highlow does not. highlow charges deposit fees; BCS Forex does not. Overall, BCS Forex scores higher on fees in our assessment.

BCS Forex wins this category
FeatureBCS Forexhighlow
Min. Deposit$100$250
Withdrawal FeesYesNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

BCS Forex offers MT4, MT5, cTrader, while highlow supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. highlow supports social and copy trading features, which BCS Forex does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureBCS Forexhighlow
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4,Desktop,iPhone/iOSMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how BCS Forex and highlow compare. BCS Forex runs regular live webinars; highlow does not. Both provide video tutorials. BCS Forex publishes daily market commentary; highlow does not. Both integrate third-party research tools. BCS Forex maintains an archive of past webinars for on-demand viewing. BCS Forex scores higher overall in education and research.

BCS Forex wins this category
FeatureBCS Forexhighlow
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

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 highlow supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). highlow uniquely supports PayPal and Skrill and Neteller among the two brokers. highlow scores higher on deposit and withdrawal flexibility.

highlow wins this category
FeatureBCS Forexhighlow
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both BCS Forex and highlow offer live chat support. Both provide phone support. Email support is available at both brokers. BCS Forex supports 2 languages and highlow supports 8, giving highlow broader global reach. Both brokers are comparable on support quality.

Tied
FeatureBCS Forexhighlow
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic