BCM-Overview Guide of This Broker

　　General Information& Regulation

　　Basel Capital Markets (BCM) is a Cypriot forex and CFD brokerage that offers its clients access to the MetaTrader4, as well as to Sirix web platforms. Basel Capital Markets is a brand owned and operated by Leverate Financial Services Ltd, a registered Cyprus Limited Company with Company Registration Number HE 290182. Leverate Financial Services Ltd is licensed and supervised by the Cyprus Security and Exchange Commission (CySEC) under license number 160/11.

　　Market Instruments

　　Available trading assets on the BCM platform are currency pairs, commodities, indices and stocks.

　　Minimum Deposit

　　Traders are given a choice of four account types on BCM platform. The accounts listed in Silver (a minimum deposit of $500), Gold (a minimum deposit of $10,000), Platinum (a minimum deposit of $50,000) and VIP (a minimum deposit of $150,000). BCM requires a minimum deposit of $500 as a start, which is relatively higher than most brokers.

　　 BCM Leverage

　　Leverage is capped throughout the EU for investor protection concerns, which is 1:30 for retail traders, but professionals can apply a higher trading leverage.

　　Spreads & Commissions

　　As shown on the BCM website, the spreads in the Silver account start from 1.1 pips, with commissions on Stocks 0.5%. The spreads in the Gold account are from 0.8 pips, with a commission on stocks of 0.4%. The spreads in the Platinum are from 0.5 pips, with a commission on stocks of 0.35%. Lastly, the spreads in the VIP accounts are from 0.2 pips, with a commission on stocks of 0.3%.

　　Trading Platform

　　BCM supports two nice trading terminals – the most legendary MetaTrader4 (MT4), as well as Sirix Web trader (which is developed by Leverate). MT4 remains the preferred choice of most traders worldwide, as it provides a full range of trading tools and features. Sirix Web Trader is easy to use and is also equipped with useful charting tools, and a number of technical analysis indicators, as well as 128-bit encrypted security.

　　Deposit & Withdrawal

　　BCM offers a wide range of payment options for deposits/withdrawals: by multiple credit cards, multiple electronic payment methods, bank wire transfer, local bank transfer, and other payment methods. The minimum deposit/withdrawal amount is 5 USD (or equivalent denomination) for multiple payment methods supported in all countries. BCM does not charge any fees for client deposit or withdrawals other than Debit / Credit card withdrawals whereas 1.5% withdrawal fee applies regardless of the withdrawal amount. (as of 1st of May 2018).