Company Profile
| BCT Review Summary | |
| Registered | 2018 |
| Registered Country/Region | Panama |
| Regulation | No Regulation |
| Market Instruments | Forex, Stocks, CFDs, Options, Futures, Bonds, ETFs |
| Demo Account | ❌ |
| Leverage | Up to 1:20 (CDFs) |
| Spread | / |
| Trading Platform | BCT Trader |
| Minimum Deposit | $10,000 |
| Customer Support | Phone: (507) 208-7305 |
| Fax: (507) 208-7315 | |
| Email: info@bcttrader.com | |
| Facebook, LinkedIn, Twitter, Google Plus | |
BCT Information
BCT Trader is an online trading platform owned by BCT Securities. It offers various trading instruments such as stocks, CFDs, options, futures, etc. The platform allows users to access it through multiple devices, including web browsers, desktops, tablets, and smartphones.
Pros and Cons
| Pros | Cons |
| Multiple trading instruments | Not regulated |
| Various contact channels | High minimum deposit of $10,000 |
| Slow fund arrival time | |
| Lack of transparency |
Is BCT Legit?
BCT Trader is unregulated, even though it claims that its operating entity, BCT Securities, is registered with the regulatory authority of the Panamanian securities market and has obtained relevant licenses.
What Can I Trade on BCT?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stocks | ✔ |
| CFDs | ✔ |
| Options | ✔ |
| Futures | ✔ |
| Bonds | ✔ |
| ETFs | ✔ |
| Mutual Funds | ❌ |
BCT Fees
The commission for trading bonds starts from 0.08%.
Leverage
Trading in some contracts for difference (CFDs) offers leverage, with the maximum leverage ratio being up to 20 times.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| BCT Trader | ✔ | Web, Desktop, Tablet, Mobile | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
The minimum deposit for BCT is $10,000. When having an account with BCT Bank, the fund utilization after trade settlement requires 1 day plus 3 working days; for international transfers without a BCT Bank account, it takes 2 to 3 working days after trade settlement, plus an additional 3 working days, resulting in a longer fund arrival cycle.
