BCM-Spreads and Leverage Details

Who is the Basel Capital Markets (BCM)？

Basel Capital Markets (BCM) is a Cypriot forex and CFD brokerage that offers its clients access to the MetaTrader4, as well as to Sirix web platforms. Basel Capital Markets is a brand owned and operated by Leverate Financial Services Ltd, a registered Cyprus Limited Company with Company Registration Number HE 290182. Leverate Financial Services Ltd is licensed and supervised by the Cyprus Security and Exchange Commission (CySEC) under license number 160/11.

Spreads & Commissions

Available trading assets on the BCM platform are currency pairs, commodities, indices and stocks. When it comes to spreads, as shown on the BCM website, the spreads in the Silver account start from 1.1 pips, with commissions on Stocks 0.5%. The spreads in the Gold account are from 0.8 pips, with a commission on stocks of 0.4%. The spreads in the Platinum are from 0.5 pips, with a commission on stocks of 0.35%. Lastly, the spreads in the VIP accounts are from 0.2 pips, with a commission on stocks of 0.3%.

Trading Leverage

Leverage is capped throughout the EU for investor protection concerns, which is 1:30 for retail traders, but professionals can apply a higher trading leverage.Traders are given a choice of four account types on BCM platform. The accounts listed in Silver (a minimum deposit of $500), Gold (a minimum deposit of $10,000), Platinum (a minimum deposit of $50,000) and VIP (a minimum deposit of $150,000). This broker requires a minimum deposit of $500 as a start, which is relatively higher than most brokers.

Deposit & Withdrawal

BCM offer a wide range of payment options for deposits/withdrawals: by multiple credit cards, multiple electronic payment methods, bank wire transfer, local bank transfer, and other payment methods. The minimum deposit/withdrawal amount is 5 USD (or equivalent denomination) for multiple payment methods supported in all countries. BCM does not charge any fees for client deposit or withdrawals other than Debit / Credit card withdrawals whereas 1.5% withdrawal fee applies regardless of the withdrawal amount