BCS Forex
shaw and partners limited
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Overview
BCS Forex was founded in 2016 and is headquartered in Cyprus, while shaw and partners limited was established in 2014 and is based in Switzerland. BCS Forex holds licences including Cyprus Securities and Exchange Commission (CySEC), while shaw and partners limited is regulated by Financial Conduct Authority (FCA) among others. BCS Forex serves 10,000+ clients worldwide; shaw and partners limited has 250,000+. The minimum deposit is $100 at BCS Forex and $250 at shaw and partners limited.
| Feature | BCS Forex | shaw and partners limited |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Cyprus 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-F305 |
| Founded | 2016 | 2014 |
| Country | Cyprus | Switzerland |
| Clients | 10,000+ | 250,000+ |
Fees
Fees are a critical factor when choosing between BCS Forex and shaw and partners limited, 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 shaw and partners limited). BCS Forex charges withdrawal fees while shaw and partners limited does not, a notable advantage for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, BCS Forex scores higher on fees in our assessment.
| Feature | BCS Forex | shaw and partners limited |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
BCS Forex offers MT4, MT5, cTrader, while shaw and partners limited supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. shaw and partners limited supports social and copy trading features, which BCS Forex does not offer. The two brokers are closely matched on platform offering.
| Feature | BCS Forex | shaw and partners limited |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4,Desktop,iPhone/iOS | MT4, 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 shaw and partners limited compare. BCS Forex runs regular live webinars; shaw and partners limited does not. Both provide video tutorials. BCS Forex publishes daily market commentary; shaw and partners limited 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.
| Feature | BCS Forex | shaw and partners limited |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
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 shaw and partners limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). shaw and partners limited uniquely supports PayPal and Skrill and Neteller among the two brokers. shaw and partners limited scores higher on deposit and withdrawal flexibility.
| Feature | BCS Forex | shaw and partners limited |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 shaw and partners limited offer live chat support. Both provide phone support. Email support is available at both brokers. BCS Forex supports 2 languages and shaw and partners limited supports 8, giving shaw and partners limited broader global reach. Both brokers are comparable on support quality.
| Feature | BCS Forex | shaw and partners limited |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |