What Is BPS CAPITAL?
BPS CAPITAL Is An Unregulated Online Broker Established In 2019 And Based In Liverpool Street, London, Providing Brokerage Services For Forex, Commodities, Indices, Stocks, Cryptocurrencies And CFDs Trading. The Broker Operates Without A Trader's Platform (NDD) And Offers STP And ECN Trading Models. BPS CAPITAL Claims That The Operation Of Its Website Is Managed By Bfs Capital Registered In The Marshall Islands.
In The Following Article, We Will Analyze The Characteristics Of This Broker From Various Aspects To Provide You With Simple And Organized Information. If You Are Interested, Please Continue Reading. At The End Of The Article, We Will Also Make A Simple Summary To Give You An Idea Of The Broker's Features At A Glance.
Advantages And Disadvantages
BPS CAPITAL Offers A Range Of Trading Tools With Competitive Trading Conditions On The Mt4 Platform, As Well As Various Educational Resources. In Addition, The Broker Offers 24/5 Live Chat Support, And Free Deposits And Withdrawals. However, BPS CAPITAL Is Currently Unregulated, Which May Be A Concern For Some Traders. Limited Client Server Channels And Lack Of Regulation Are Obvious Disadvantages To Consider When Choosing This Broker.
Market Tools
BPS CAPITAL Offers Clients More Than 100 Financial Instruments To Trade On Its Platform. Traders Can Access Global Financial Marekt And Trade Forex, Metals, Energy, Commodities, Cryptocurrencies And Index CFDs. The Broker Also Offers Clients The Ability To Trade Stocks From Leading Companies In Different Markets Such As The US, European And Asian Markets. With Such A Wide Range Of Tools, Traders Have The Opportunity To Diversify Their Portfolio And Take Advantage Of Different Market Conditions.
Account
Two Trading Accounts Are Available On The BPS CAPITAL Platform, Standard And ECN, With Different Account Opening Requirements. The Minimum Initial Deposit For A Standard Account Is As Low As $50, While Demand For ECN Accounts Skyrocketed To $1,000. Demo Accounts Are Also Available.
Leverage
BPS CAPITAL Offers Access To Leverage Up To 500:1 - Of Course, This Is A Much Higher Level Than Most Regulators Would Consider Suitable For Retail Traders, But BPS CAPITAL Offers It To Attract More People.
Spreads And Commissions
Spreads And Commissions Vary From Trading Account To Account. Minimum Spreads Start From 1.2 Pips On Standard Accounts With No Commission Charges, While $7 Commission Per Side Per Lot Starts From 0.0 Pips On ECN Accounts.
Trading Platform
BPS CAPITAL Offers Access To The Distribution Meta Trader 4 Platform - The Most Respected Trading Software, Favored By Most Traders For Its Stylish, User-friendly Interface And Powerful Trading Features Combined.
Trading Tools
BPS CAPITAL Offers A Trader's Calculator, Which Is A Useful Tool For Traders To Calculate Important Parameters Such As Pip Values, Margin Requirements, And Potential Gains And Losses. The Calculator Is Easy To Use And Traders Can Enter Trade Sizes, Account Currencies, And Currency Pairs To Get An Accurate Calculation Of Latent Risks And Returns. This Is Especially Helpful For New Traders Who Are Still Learning About Risk Management And Money Management In The Forex Market. A Trader's Calculator Is Just One Of Many Trading Tools BPS CAPITAL Offers Its Clients Assistance In Helping Them Make Informed Trading Decisions.
Deposits And Withdrawals
You Can Deposit Telegraphic Transfer, Bank Transfer Or Crypto Wallet Via The Client Side. The Minimum Deposit Amount Is $50 And The Minimum Withdrawal Amount Is $10. There Are No Fees For Deposits Or Withdrawals.
Fees
BPS CAPITAL Offers Trades With Competitive Prices And Low Transaction Costs. Brokers Charge No Deposit Or Withdrawal Fees. There Are Also No Idle Fees By BPS CAPITAL. However, There Are Overnight Position Fees Such As Swap Or Rollover Fees. Swap Details Can Be Found On The Product Information Page For A Specific Product. Swap Rates Are Usually Daily And Based On Prevailing Market Rates.
Client Server
BPS CAPITAL Provides 24/5 Client Server Support, And They Can Be Accessed Via Live Chat, Phone (+ 84 0869 916 959), And Email (support@bpscap.com). There Is Also An FAQ Section Available.
