BCS Forex vs Swyftx
| BCS Forex | Swyftx |
|---|---|
2.3
|
2.6
|
|
BCS Forex is a Russian forex and CFD broker registered offshore in St Vincent and the Grenadines. This unregulated broker offers low entry requirements and competitive trading conditions. It aims to provide high quality trading technology, reliable support and benefits for active traders. |
Swyftx is an Australian cryptocurrency exchange offering 330+ products, with an impressive $27+ billion in trading volume. The brand is trusted by 600,000+ customers thanks to its competitive fee structure, ISO 27001 security protection and feature-rich trading app. |
| Bonus Offer | |
| 500 Tripcoins | |
| Comment by Reviewer | |
| "BCS Forex will serve active traders looking for loyalty bonuses and access to Russian stocks. It will also appeal to traders familiar with the MT4 and MT5 platforms." | "Swyftx will appeal to new crypto traders looking to buy, sell, trade and lend popular tokens like Bitcoin. With Australian roots and support for AUD, it will serve Aussie traders particularly well." |
| Pros | |
|
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| Cons | |
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| Instruments | |
| Forex, CFDs, indices, shares, commodities, cryptocurrencies | Cryptos |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $1 | $30 |
| Trading Platforms | |
|
|
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | $1 |
| Regulator | |
| Independent | AUSTRAC |
| Margin Trading | |
| No | No |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | No |
| Mobile Apps | |
| Yes | iOS & Android |
| Auto Trading | |
| Yes | |
| Copy Trading | |
| No | No |
| Social Trading | |
| Yes | No |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
|
|
| Commodities | |
| CFD Trading | |
| Access CFDs across indices, commodities and more with no commissions and just a $1 minimum deposit. CFD traders can access leverage up to 1:200 in the advanced MT4 or MT5 platforms. | CFD trading not offered |
| Leverage | |
| 1:200 | |
| FTSE Spread | |
| 40 | |
| GBPUSD Spread | |
| 1.3 | |
| Oil Spread | |
| 8 | |
| Stocks Spread | |
| Floating | |
| Forex Trading | |
| Go long or short on a modest range of 35+ currency pairs with spreads from 0.2 pips in the NDD account. You can also try out the platforms, accounts and forex trading conditions in the broker's free demo account. | Forex trading not offered |
| GBPUSD Spread | |
| 1.3 | |
| EURUSD Spread | |
| 0.9 | |
| EURGBP Spread | |
| 0.9 | |
| Assets | |
| 36 | |
| Cryptocurrency | |
| BCS Forex only offers the BTC/USD pair, which is limiting vs the best crypto brokers. Leverage of 1:2 is available, although crypto trading is only available in MT5. | Access a decent line-up of 330+ cryptocurrencies with low fees. Invest in popular token like Bitcoin, Ethereum, Tether and Ripple which can be bought, sold, transferred or stored on the broker's proprietary desktop and mobile platforms. |
| Spread | |
| Floating | Variable |
| Coins | |
|
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| Crypto Lending | |
| No | Yes |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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| More Comparisons | |
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BCS Forex vs |
Swyftx vs |