Bgc4invest-Some Important Details about This Broker

General Information

Bgc4invest claims itself to be an online investment platform, with its registered country not disclosed, and this broker was not established young, with an operating time of less than one year.

Bgc4invest says it provide access to four classes of trading assets, currencies, crypto, commodities, and stocks through the MT4 trading platform.

However, when it comes to regulation, Bgc4invest disappoints us as it is not authorized or regulated by any regulatory authority. Thats why WikiFX gave it a very low score of 1.03/10. Please be aware of the risk involved.

Market Instruments

Bgc4invest provide access to four classes of trading assets, including Currencies, Crypto, Commodities, and Stocks, all available through this brokerage platform.

Account Types

Bgc4invest says it provide two types of trading accounts: Alpha and Omega. However, this broker does not say much about account features and minimum deposit requirement for each account type.

Leverage

Maximum leverage for major forex is 1:30 in Europe and Australia, and 1:50 in the U.S. and Canada, while Blue Ocean enables its clients to use leverage of up to 1:5000. This is crazily higher than the proper amount considered appropriate by most regulators.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size.

Spreads

Vaguely, Bgc4invest says it offers spreads from 0.1 pips on the EUR/USD pair. However, it left us nowhere to test its real trading platform, since no demo accounts is provided.

Trading Platform

Bgc4invest provides access to the industry-leading MT4 trading platform. MetaTrader has many trading capabilities and features that other platform lack: powerful charting tools, multiple timeframe, built-in technical indicators, and more. Being easy to download and install, the trailing stop loss and pending orders are easily accessed.

Bgc4invest MT4 is available on IOS and Android.

Payment Methods

Still, Bgc4invest does not say anything about its deposit and withdrawal policy. Since withdrawals are the most important process before clients completion of trading, brokers should state what payment options are supported, and how long does it take to deposit or withdraw funds.

While this broker fails to do this essential step, which can be served the evidence that this broker is not a genuine one.

Customer Support

Disappointingly still, Bgc4invest has provided the poor customer support, only an email left for clients who have any inquiry or trading-related issues to get in touch with this broker: info@bgcinvest.com.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Frequently Asked Questions

Is Bgc4invest regulated？

No, Bgc4invest is not regulated.

What trading platform does Bgc4invest provide for its clients？

Bgc4invest provide access to the industry leading MT4 trading platform.

What spreads can I expect with the Bgc4invest platform？

Bgc4invest says it provide spread from 0.1 pips on the EUR/USD pair.