BCS Forex
Uniglobe Markets
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Overview
BCS Forex was founded in 2016 and is headquartered in Cyprus, while Uniglobe Markets was established in 2008 and is based in Marshall Islands. BCS Forex holds licences including Cyprus Securities and Exchange Commission (CySEC), while Uniglobe Markets is regulated by Unregulated among others. BCS Forex serves 10,000+ clients worldwide; Uniglobe Markets has 10,000+. The minimum deposit is $100 at BCS Forex and $10 at Uniglobe Markets.
| Feature | BCS Forex | Uniglobe Markets |
|---|---|---|
| Min. Deposit | $100 | $10 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Unregulated |
| Founded | 2016 | 2008 |
| Country | Cyprus | Marshall Islands |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between BCS Forex and Uniglobe Markets, directly affecting your bottom line as a trader. Uniglobe Markets has a lower barrier to entry with a minimum deposit of $10 (vs $100 at BCS Forex). BCS Forex charges withdrawal fees while Uniglobe Markets does not, a notable advantage for frequent withdrawers. BCS Forex applies inactivity fees on dormant accounts; Uniglobe Markets does not. Uniglobe Markets charges deposit fees; BCS Forex does not. Overall, Uniglobe Markets scores higher on fees in our assessment.
| Feature | BCS Forex | Uniglobe Markets |
|---|---|---|
| Min. Deposit | $100 | $10 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
BCS Forex offers MT4, MT5, cTrader, while Uniglobe Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | BCS Forex | Uniglobe Markets |
|---|---|---|
| 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 | Windows ├é┬¼├ó╦åÔÇÿ MacOS X. Multiple Terminal. Android. IOS. |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how BCS Forex and Uniglobe Markets compare. BCS Forex runs regular live webinars; Uniglobe Markets does not. BCS Forex has a video library; Uniglobe Markets does not. BCS Forex publishes daily market commentary; Uniglobe Markets does not. BCS Forex integrates third-party research tools (Trading Central, Autochartist); Uniglobe Markets does not. BCS Forex maintains an archive of past webinars for on-demand viewing. BCS Forex scores higher overall in education and research.
| Feature | BCS Forex | Uniglobe Markets |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
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 Uniglobe Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | BCS Forex | Uniglobe Markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
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 Uniglobe Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | BCS Forex | Uniglobe Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |