BCS Markets vs eToro Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of BCS Markets and eToro
| Broker | BCS Markets | eToro |
|---|---|---|
| Rating | 3.8/5 | 3.8/5 |
| Foundation Year | 2006 | 2006 |
| Regulated in Countries | Saint Vincent and the Grenadines | Seychelles, United Kingdom, Cyprus, Australia, United States |
| Minimum Deposit |
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| Spread | from 0.2 points | from 1 points |
| Max Leverage | 1:200 | 1:30 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | BCS Markets Review | eToro Review |
BCS Markets is suitable for active traders, thanks to narrow spreads, and for beginners who value quality educational materials and analytics.
eToro may be suitable for beginners looking for a simple platform and interested in copying the trades of successful traders.
BCS Markets Review
BCS Markets is a broker that suits traders of all levels. The broker is a cost-effective solution for active traders thanks to tight spreads and low swaps. It offers beginners extensive educational materials and support for popular trading platforms. The broker also provides high-quality analytical tools for making informed trading decisions.
However, it should be noted that BCS Markets has offshore regulation, which may raise questions about the safety of funds. In addition, the limited number of deposit and withdrawal methods, the small range of available trading products, and the inactivity fee may create certain inconveniences for traders.
This broker is reliable for those ready to work within its specific features and conditions.
Pros and Cons of BCS Markets
Pros
- Tight spreads.
- Commission-free account funding.
- Accessible trading platforms.
- Inclusion of quality analytics from experts in the service package.
- Educational materials to help novice traders master trading.
Cons
- Offshore regulation.
- Inactivity fee and high swaps.
- Limited number of deposit and withdrawal methods.
- Small number of trading assets.
- Non-24/7 technical support.
BCS Markets is in the top 10 of the following ratings:
eToro Review
eToro stands out from other brokers due to its unique combination of trading services and social features, making it particularly attractive to traders interested in innovative approaches to investing. Narrow spreads and the ability to buy securities in fractions simplify access to different assets, while the social network allows users to share strategies and copy trades of successful traders, which is a big plus for beginners and those looking for new investment ideas. The simple and intuitive interface makes the platform accessible even for those who are just starting their trading journey.
eToro is best suited for beginner traders who are looking to capitalize on the social aspects of trading and do not require complex individual trading account settings. The platform is also ideal for those looking for an active community to share ideas and strategies.
Pros and Cons of eToro
Pros
- A social network for traders.
- Good selection of trading instruments.
- Fractional shares purchasing.
- Narrow spreads.
Cons
- Only one trading account is available.
- eToro has its own trading platform, but there is no alternative to it.
- Poor customer support performance.
- Delays and hidden fees during fund withdrawal.
eToro is in the top 10 of the following ratings:
Reliability
| Broker | BCS Markets | eToro |
|---|---|---|
| Reliability | 3/5 | 5/5 |
| Foundation Year | 2006 | 2006 |
| Regulated in Countries | Saint Vincent and the Grenadines | Seychelles, United Kingdom, Cyprus, Australia, United States |
| Regulators | SVGFSA SVGFSA | SFSA SFSA FCA FCA CySEC CySEC ASIC ASIC SEC SEC |
BCS Markets
Offshore registration is offset by the strong reputation of the BCS Group.
Pros
- Part of the large BCS financial group.
- Extensive experience in financial markets.
Cons
- Offshore registration and regulation.
eToro
eToro - надежный брокер с регулированием в нескольких странах.
Pros
- Регулируется уважаемыми организациями (CySEC, FCA, ASIC, SEC).
- Глобальное присутствие и разнообразие рынков.
- Лицензии на разные виды деятельности (включая криптовалюту в США).
Account Opening
| Broker | BCS Markets | eToro |
|---|---|---|
| Account Opening | 5/5 | 4/5 |
| Minimum Deposit |
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BCS Markets
Opening an account with BCS Markets is a quick and simple process.
eToro
Открытие счета в eToro является удобным и простым процессом.
Pros
- Возможность быстрой регистрации через Google.
- Понятная и прозрачная процедура верификации.
Cons
- Высокий минимальный депозит для некоторых стран.
- Верификация может занять до 3 дней.
Account Types
| Broker | BCS Markets | eToro |
|---|---|---|
| Account Types | 3/5 | 2.8/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.2 points | from 1 points |
| Max Leverage | 1:200 | 1:30 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
BCS Markets
BCS Markets offers a satisfactory range of accounts, but lacks specialized options.
Pros
- Accessible demo account for training.
- Availability of fixed spread accounts.
- NDD (No Dealing Desk) account available.
Cons
- No cent accounts available.
- No Islamic (swap-free) accounts.
- No investment accounts.
eToro
eToro предлагает базовый набор типов счетов, что подойдет для большинства трейдеров, но может не удовлетворить специфические потребности некоторых категорий.
Pros
- Присутствие демо-счета для обучения.
- Исламский счет для соблюдения принципов Шариата.
- Механизм копирования сделок.
Cons
- Нет счетов с фиксированным спредом.
- Отсутствие центовых счетов.
- Не предлагаются ECN или STP счета для прямого доступа к межбанковскому рынку.
Commissions
| Broker | BCS Markets | eToro |
|---|---|---|
| Commissions | 4/5 | 3.5/5 |
| Spread | from 0.2 points | from 1 points |
| Average Spread (EURUSD) | 0.9 | |
| Commission per Lot | $3 |
BCS Markets
BCS Markets offers average market trading commissions, but also charges an inactivity fee.
Pros
- No fees for deposits/withdrawals.
- Tight spreads.
Cons
- Inactivity fee charged.
eToro
Для торговли eToro предлагает выгодные условия, но трейдерам также следует учитывать не торговые комиссии.
Pros
- Узкие спреды.
Cons
- Ежемесячная плата за неактивность.
- Есть комиссия за вывод средств.
- Невыгодные условия по сравнению с другими брокерами и криптобиржами.
Deposit and Withdrawal
| Broker | BCS Markets | eToro |
|---|---|---|
| Rating | 3.5/5 | 3.5/5 |
| Account Funding Methods |
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BCS Markets
The broker offers convenient methods for account funding without commissions, however, withdrawal options are limited and fees are charged.
Pros
- Multiple account funding methods.
- No commission on deposits.
- Fast account funding.
Cons
- Limited withdrawal options.
- Commissions on withdrawals to credit and debit cards.
- Lack of e-wallet and cryptocurrency deposit and withdrawal options.
eToro
eToro предлагает разнообразные способы пополнения и вывода, но включает комиссии за некоторые операции и валютные конвертации.
Pros
- Много платежных систем для пополнения и вывода средств.
- Отсутствие комиссии за пополнение для многих платежных систем.
Cons
- Комиссия за вывод средств составляет 5 USD.
- Дополнительные затраты на конвертацию валют.
Markets and Products
| Broker | BCS Markets | eToro |
|---|---|---|
| Markets and Products | 3/5 | 4.5/5 |
| Forex | 37 | 47 |
| Precious Metals | 3 | 7 |
| Energy Carriers | 4 | 2 |
| Soft Commodities | 3 | 4 |
| Indices | 11 | 13 |
| Stocks | 59 | 2500 |
| ETF | - | 250 |
| Cryptocurrency | - | 112 |
BCS Markets
BCS Markets provides access to several markets, including currency pairs, stocks, indices, metals, and energy carriers, but the total number of CFDs is small compared to other brokers. The broker's assortment also lacks CFDs on cryptocurrencies and soft commodities.
eToro
eToro предлагает доступ к широкому спектру финансовых инструментов, включая акции, ETF, форекс, CFD и криптовалюты, но не обеспечивает полную прозрачность для некоторых операций.
Trading Platforms
| Broker | BCS Markets | eToro |
|---|---|---|
| Rating | 4.5/5 | 3.5/5 |
| Trading Platforms |
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BCS Markets
BCS Markets provides reliable and functional trading platforms, including MT4, MT5, and a proprietary mobile application.
Pros
- Wide selection of platforms.
- Availability of mobile versions.
- Ability to work with a web terminal without downloading software.
Cons
- Lack of MetaTrader alternatives for desktop and web versions.
eToro
Платформы eToro обладают удобным интерфейсом и базовыми торговыми функциями, но имеют ограничения в аналитических инструментах.
Pros
- Платформы доступны в веб-версии и как мобильное приложение.
- Интегрированные функции управления счетом и торговли.
- Возможность копирования сделок.
Cons
- Ограниченный набор индикаторов.
- Возможные расхождения котировок.
- Отсутствие дополнительных торговых платформ.
Analytics
| Broker | BCS Markets | eToro |
|---|---|---|
| Rating | 5/5 | 4/5 |
BCS Markets
BCS Markets offers in-depth and functional analytics, including automated trading signals and expert recommendations.
Pros
- Wealth of analytical tools.
- Personalized trading recommendations.
- Trader chat for sharing opinions and strategies.
eToro
Брокер предлагает удобные инструменты технического анализа и торговые идеи.
Pros
- Интерактивный график.
- Торговые идеи.
Cons
- Низкое качество новостного потока.
- Ограниченные рекомендации аналитиков.
Education
| Broker | BCS Markets | eToro |
|---|---|---|
| Rating | 4/5 | 4.8/5 |
BCS Markets
BCS Markets offers quality educational materials, primarily targeted at beginners.
Pros
- Well-structured courses for beginners.
- Hands-on learning through webinars.
Cons
- Lack of materials for advanced level.
- Insufficient video tutorials and podcasts.
eToro
eToro предлагает широкий набор обучающих материалов, но в основном на английском языке.
Pros
- Широкий спектр обучающих материалов.
- Ежедневный обзор рынка.
- Подробное руководство по финтех-индустрии.
Cons
- Большинство материалов доступны только на английском языке.
Customer Support
| Broker | BCS Markets | eToro |
|---|---|---|
| Rating | 4/5 | 2/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Whatsapp
Telegram
LinkedIn
Twitter
YouTubeBCS Markets
BCS Markets support is professional, but not available 24/7, which can be inconvenient.
Pros
- Multiple communication channels.
- Prompt response.
Cons
- Lack of 24/7 support.
- No on-site chat for instant communication.
eToro
eToro предлагает несколько каналов связи с поддержкой, что является плюсом. Однако отзывы пользователей указывают на отсутствие оперативности и эффективности в работе службы поддержки.
