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Cyprus|2-5 years|
Regulated in Cyprus|Suspicious Regulatory License|White label MT4|Regional Brokers|Cyprus Market Making(MM) Revoked|High potential risk|


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MT4/5 Identification


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Influence index NO.1

Vietnam 2.56

MT4/5 Identification

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Leverate-Europe MT4
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Influence index NO.1

Vietnam 2.56

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+357 25 254422
Zavos City Center, 4th Floor, 88 Agias Fylaxeos, 3025 Limassol, Cyprus


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+357 25 254422


(+357) 25 254422

Broker Information


Company Name

Basel Capital Markets

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Platform registered country and region


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Warning: Low score, please stay away! 2
Previous Detection : 2024-04-19
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • CyprusCYSEC (license number: 160/11) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

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BCM · Company Summary

Note: Regrettably, the official website of BCM, namely, is currently experiencing functionality issues.

BCM Review Summary
Registered Country/Region Cypru
Regulation CYSEC (Revoked)
Market Instruments Currency pairs, commodities, indices and stocks
Leverage 1:30
EUR/ USD Spread 0.8 pips (Gold account)
Trading Platforms MT4 and Sirix Web trader
Minimum Deposit $500
Customer Support Phone and email

What is BCM?

BCM, based in Cyprus, operates in the trading industry. BCM continues to offer a variety of trading options on popular platforms including MT4 and Sirix Web Trader. The company caters to a diverse clientele with a range of market instruments such as currency pairs, commodities, indices, and stocks. BCMs trading conditions include competitive leverage of 1:30 and tight spreads. The firm's CySEC has been revoked.


If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

Pros & Cons

Pros Cons
  • MT4 supported
  • CYSEC (Revoked)
  • Multiple account types
  • Inaccessible website
  • Deposit and withdrawal fees charged


- MT4 Support: BCM offers support for MetaTrader 4 (MT4), a popular and widely used trading platform known for its robust features, technical analysis tools, and automated trading capabilities, providing clients with a familiar and powerful trading environment.

- Multiple Account Types: BCM provides multiple account types tailored to different trading preferences and capital levels, allowing clients to choose an account that best suits their needs and trading style.


- Regulatory Uncertainty (CYSEC Revoked): The revocation of BCM's CySEC license raises concerns about the company's regulatory oversight and adherence to industry standards, potentially impacting client trust and confidence in the company.

- Inaccessible Website: The inability to access BCM's official website creates challenges for clients seeking information, updates, and account management online, which may lead to frustration and inconvenience.

- Deposit and Withdrawal Fees: BCM imposes fees for withdrawals, such as a 1.5% fee for debit/credit card withdrawals, which can add to the overall cost of trading for clients and may deter some traders who prioritize fee-free transactions or lower withdrawal costs.

Is BCM Legit or a Scam?

The regulatory standing of the Cyprus Securities and Exchange Commission (CySEC), particularly regarding their Market Making (MM) license number 160/11, is presently flagged as abnormal, with their official regulatory status recorded as revoked. This indicates a significant red flag concerning their compliance with regulatory standards.

Revoked CySEC license

Moreover, the inaccessibility of their official website adds another layer of uncertainty. A reliable and transparent trading platform typically goes hand in hand with a functional and accessible website. The inability to access their online presence not only raises questions about their technological infrastructure but also about their willingness to communicate openly with investors.

Considering these multiple red flags, any potential investment in BCM should be approached with utmost caution. The combination of regulatory irregularities and operational opacity significantly amplifies the inherent risks associated with engaging with this entity.

Market Instruments

BCM provides currency pairs, commodities, indices, and stocks, offering ample opportunities for diversification and potential profit generation.

- Currency Pairs: BCM facilitates trading in currency pairs, enabling investors to speculate on the relative value fluctuations between two currencies. This includes major pairs such as EUR/USD, GBP/USD, and USD/JPY, as well as minor and exotic pairs, offering a broad spectrum of trading opportunities across different global currencies.

- Commodities: Investors can also engage in trading commodities through BCMs platform. This involves popular commodities like gold, silver, crude oil, natural gas, agricultural products, and more. Trading in commodities allows investors to capitalize on price movements driven by factors such as supply and demand dynamics, geopolitical events, and macroeconomic trends.

- Indices: BCM offers trading in indices, representing the performance of a group of stocks from a particular exchange or sector. Indices commonly tracked include the S&P 500, NASDAQ, Dow Jones Industrial Average, FTSE 100, and DAX.

- Stocks: In addition to the above, BCM facilitates trading in individual stocks of publicly listed companies. This includes shares of companies from various sectors and regions, providing investors with opportunities to capitalize on specific corporate performances and market sentiments.

Account Types

BCM offers a tiered account structure designed to accommodate investors with varying levels of experience, capital, and trading preferences.

Silver Account ($500 Minimum Deposit):

The Silver account is tailored for novice traders or those with limited capital. Despite its lower minimum deposit requirement, this account still provides access to essential trading features and tools.

Gold Account ($10,000 Minimum Deposit):

The Gold account caters to intermediate traders seeking enhanced trading capabilities and opportunities. With a higher minimum deposit, clients can expect to access a broader range of trading instruments, improved trading conditions such as tighter spreads or reduced commissions, advanced analytical tools, and additional educational resources.

Platinum Account ($50,000 Minimum Deposit):

The Platinum account is designed for experienced traders or high-net-worth individuals looking for premium trading services and exclusive features. This account tier typically offers the most comprehensive suite of benefits, including access to all available trading instruments, the lowest possible spreads, personalized trading strategies, dedicated account managers, priority withdrawal processing, and invitations to exclusive events or seminars.

VIP Account ($150,000 Minimum Deposit):

The VIP account represents the pinnacle of BCMs offerings, catering to elite traders or institutional clients with significant capital and sophisticated trading needs. Clients with VIP status enjoy unparalleled privileges and bespoke solutions tailored to their specific requirements. This include bespoke trading conditions, direct market access, institutional-grade liquidity, customized risk management solutions, and exclusive VIP events or perks.

Account comparison


BCM provides a maximum leverage of 1:30 across all its account types, adhering to regulatory standards and risk management practices. Leverage is a crucial aspect of trading that allows investors to control larger positions in the market with a relatively smaller amount of capital. However, higher leverage also amplifies both potential profits and losses, making it a double-edged sword that requires prudent risk management.

Spreads & Commissions

BCM provides competitive spreads and commission structures across its range of account types.

Spreads: The spread refers to the difference between the bid and ask prices of a trading instrument, and it represents a cost incurred by traders when entering and exiting positions. With BCM, the Silver account offers a spread of 1.1 pips, while the Gold account provides a tighter spread of 0.8 pips. Platinum and VIP account holders enjoy even narrower spreads of 0.5 pips and 0.2 pips, respectively.

Commissions: In addition to spreads, BCM applies commissions on certain types of trades, particularly on stocks. Commissions are fees charged by the broker for executing trades on behalf of the client. With the Silver account, clients pay a commission of 0.5% on stocks traded, while Gold account holders enjoy a reduced commission rate of 0.4%. Platinum and VIP account holders benefit from further reductions, with commissions set at 0.35% and 0.3% respectively.

Account Type Spread (pips) Commission on Stocks (%)
Silver 1.1 0.5
Gold 0.8 0.4
Platinum 0.5 0.35
VIP 0.2 0.3

Trading Platforms

BCM provides its clients with two robust and user-friendly trading platforms: MetaTrader 4 (MT4) and Sirix Web Trader, developed by Leverate.

- MetaTrader 4 (MT4): MT4 is a widely recognized and popular trading platform in the financial industry, known for its advanced charting tools, technical analysis capabilities, and customizable interface. It offers a comprehensive range of features, including real-time price quotes, multiple chart types, and a vast library of technical indicators and expert advisors (EAs) for automated trading.

Traders can execute trades across various financial instruments, including forex, stocks, commodities, and indices, all from a single platform. MT4s user-friendly interface makes it suitable for both beginner traders and seasoned professionals, providing a seamless trading experience.


- Sirix Web Trader: Developed by Leverate, Sirix Web Trader is a cutting-edge web-based trading platform designed for accessibility and convenience. As a web-based platform, Sirix allows traders to access their accounts and trade from any web browser without the need for software downloads or installations.

This platform offers an intuitive and user-friendly interface, making it ideal for traders who prefer to trade on-the-go or from multiple devices. Sirix Web Trader provides a range of trading tools, live market news, and social trading features, allowing traders to interact with the broader trading community, follow experienced traders strategies, and make informed decisions.

Deposits & Withdrawals

BCM offers a comprehensive range of deposit and withdrawal options, ensuring convenience and accessibility for its clients worldwide. Clients can fund their trading accounts and withdraw funds using multiple credit cards, electronic payment methods, bank wire transfer, local bank transfer, and other payment methods supported by the platform.

With a minimum deposit and withdrawal amount of just 5 USD (or equivalent denomination) across various payment methods, BCM caters to traders of all levels, from beginners to seasoned professionals.

The platform does not charge any fees for client deposits, regardless of the chosen payment method. However, a 1.5% withdrawal fee applies to debit/credit card withdrawals, regardless of the withdrawal amount.

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone: +357 25 254422/ (+357) 25 254422


Address: Zavos City Center, 4th Floor, 88 Agias Fylaxeos, 3025 Limassol, Cyprus


In conclusion, BCM presents a mixed picture for potential clients. On one hand, it offers support for the widely used MetaTrader 4 platform and multiple account types catering to various trading preferences.

However, the revocation of its CySEC license introduces regulatory uncertainty, compounded by an inaccessible website and concerns about investor protections. Additionally, deposit and withdrawal fees will deter some traders.

Ultimately, individuals considering BCM should carefully weigh these factors.

Frequently Asked Questions (FAQs)

Q 1: Is BCM regulated by any financial authority?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at BCM?
A 2: You can contact via telephone: +357 25 254422/ (+357) 25 254422 and email:
Q 3: What platform does BCM offer?
A 3: It offers MT4 and Sirix Web trader.
Q 4: What is the minimum deposit for BCM?
A 4: The minimum initial deposit to open an account is $500.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

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more than one year
I have been following BCM for several years, attracted by its wide selection of trading assets, low trading fees, multiple trading platform choices. I can say that this is a reliable broker and it never cheated on me these years.
2023-03-03 11:07
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