CFD Trading
Physical Products
Forex & Metals
Trading Platforms
TRADE FOREX & PRECIOUS METALS
WITH ULTRA-COMPETITIVE SPREADS
WITH ULTRA-COMPETITIVE SPREADS
DIRECT ACCESS TO PRECIOUS METALS & CURRENCY MARKETS
When you trade FX with BCO you can benefit from ultra-competitive spreads (starting from zero), low trading costs, full anonymity, full transparency, and 100% DMA/STP ultra-low latency access to a wide variety of majors, minors and exotic currency pairs, as well as deep liquidity, with access to 20+ LPs (Tier1 Banks, Non-Bank LPs and MTFs). You can also take advantage of no requotes and zero rejections, with trades executed on a fill or fill basis.
Your Advantages Trading FX with BCO
More than 60 pairs
64 currency & 2 precious metal pairs
Spreads from 0.0 pips
0.1 pip weekly avg. (London session)
Direct Market Access
100% DMA/STP agency model
Deep liquidity
20+ Tier1 FX Liquidity Providers
TRADING PLATFORMS YOU CAN USE
You can take your trading strategy to the next level by using our unique MetaTrader platforms MT5+ and MT4+ or Guidants.
FX & PRECIOUS METALS IN SHORT
Instruments
66 Major, Minor and Exotic Currency & Precious Metals pairs
SPREADS
No Minimum Spread: Floating Interbank Core Spreads from 0 pips
Fifth Decimal
No Mark-up
COMMISSIONS
3 USD / 2.75 EUR / 2.5 GBP / 3 CHF per 1 Lot per side for Forex*
*Gold and Silver may vary. Please see full Contract Specifications
for more information.
REDUCED COMMISSIONS
MARGIN
Default margin: 3% - 5%
Lower margin: 0.25% - 2.5%
Note: The lower margin is available only to "professional" clients and clients of BCO Overseas Ltd.
See our full Contract Specifications
for our default and lower margin levels. For lower margins (higher leverage), please contact support@binancecapitaloptions.com
Price Improvement
Yes
Negative and Positive Slippage enabled
MINIMUM TRADE SIZE
0.01 Lots
MAXIMUM TRADE SIZE
FX : 1000 Lots
Precious Metals: 50 Lots
TRADE SIZE INCREMENT
0.01 Lots
MAXIMUM OPEN/PENDING ORDERS
500
Contract Specifications
Choose a trading product
Commissions / Fees
| Instruments | USD | EUR | GBP | CHF |
|---|---|---|---|---|
| Instruments Forex | USD 0.03 USD** | EUR 0.0275 EUR** | GBP 0.025 GBP** | CHF 0.03 CHF** |
| Instruments Precious Metals - Standard | USD 3.0 USD** | EUR 2.75 EUR** | GBP 2.5 GBP** | CHF 3.0 CHF** |
| Physical Stocks (US stocks) | no commission | no commission | no commission | no commission |
| Physical Stocks (German stocks) | no commission | no commission | no commission | no commission |
| Physical Stocks (Dutch stocks) | no commission | no commission | no commission | no commission |
| Physical Stocks (French stocks) | no commission | no commission | no commission | no commission |
| Physical Stocks (Spanish stocks) | no commission | no commission | no commission | no commission |
| CFDs on Stocks (France) | 0.05% of order volume / minimum ticket charge 5 EUR | 0.05% of order volume / minimum ticket charge 5 EUR | 0.05% of order volume / minimum ticket charge 5 EUR | 0.05% of order volume / minimum ticket charge 5 EUR |
| CFDs on Stocks (Germany) | 0.05% of order volume / minimum ticket charge 5 EUR | 0.05% of order volume / minimum ticket charge 5 EUR | 0.05% of order volume / minimum ticket charge 5 EUR | 0.05% of order volume / minimum ticket charge 5 EUR |
| CFDs on Stocks (Netherlands) | 0.05% of order volume / minimum ticket charge 5 EUR | 0.05% of order volume / minimum ticket charge 5 EUR | 0.05% of order volume / minimum ticket charge 5 EUR | 0.05% of order volume / minimum ticket charge 5 EUR |
| CFDs on Stocks (Spain) | 0.05% of order volume / minimum ticket charge 5 EUR | 0.05% of order volume / minimum ticket charge 5 EUR | 0.05% of order volume / minimum ticket charge 5 EUR | 0.05% of order volume / minimum ticket charge 5 EUR |
| CFDs on Stocks (Turkey) | *** | *** | - | - |
| CFDs on Stocks (United Kingdom) | 0.05% of order volume / minimum ticket charge 5 GBP | 0.05% of order volume / minimum ticket charge 5 GBP | 0.05% of order volume / minimum ticket charge 5 GBP | 0.05% of order volume / minimum ticket charge 5 GBP |
| CFDs on Stocks (United States of America) | 2 cps*/ minimum ticket charge 5 USD | 2 cps*/ minimum ticket charge 5 USD | 2 cps*/ minimum ticket charge 5 USD | 2 cps*/ minimum ticket charge 5 USD |
| CFDs on Indices, CFDs on Commodities | 0.10 USD** | 0.10 EUR** | 0.10 GBP** | 0.10 CHF** |
| CFDs on ETFs | 2.5 cps*/ minimum ticket charge 5 USD | 2.5 cps*/ minimum ticket charge 5 USD | 2.5 cps*/ minimum ticket charge 5 USD | 2.5 cps*/ minimum ticket charge 5 USD |
| CFDs on Cryptocurrencies | 0% | 0% | 0% | 0% |
Notes:
* cps = cents per share
** Different remuneration available for high-volume traders (more than 10 Million USD traded per month). Commissions in FX, Precious Metals and CFDs (Indices, Commodities) are charged as round turn when the trade is opened. Commission charges will vary for residents of Mainland China. Contact us at support@binancecapitaloptions.com for more information.
*** Different remuneration schemes are applicable subject to the discretion of the Company.
FX Swap Rates for overnight positions are can be seen here. The information is updated at least once per week.
BCO liquidity pool
Aggregation and bridging venues
What is FX?
Largely based on supply and demand, the foreign exchange market (aka forex or FX) is one of the largest, most exciting markets in the world. FX prices are influenced by a range of different factors, including interest rates, inflation, government policies, employment figures and demand for imports and exports. Historically, only wealthy investors, large financial institutions, corporations or banks had the resources to participate in it, but with the development of the internet and mainstream computing technology, it is now possible for the any individual to buy and sell currencies with the click of a mouse from practically anywhere.
The popularity of the forex market is greatly due to the availability of leverage, the huge size of the market and the ease of making fast transactions, as well as the fact that it is less risky than the stock market as currencies don't fluctuate as much as stocks do. Forex is also popular with traders because the market is open 24 hours, so you can trade whenever you want. Although the forex market offers you plenty of opportunities, like with any other form of trading risks are involved, so it is important to take the time to learn about forex trading and practice what you've learnt, in order to trade profitably.
Benefit from our ultra low spreads
Rollover & Swaps
If FX positions are held during rollover, swap fees may be incurred, or revenues earned. The swap rate is the interest rate differential between the two currencies of the pair you are trading, and is calculated according to whether your position is short or long. Please note: The swap rates listed below may be subject to fluctuations due to volatilities, and are reviewed and updated on a daily basis.
LONG (POINTS)
-4.81
1.68
0.98
-0.52
-4.08
-4.42
3.08
2.38
-14.82
-3.94
-9.93
-14.69
-0.13
-26.83
-1.04
-5.84
-67.37
-12.61
-2.99
-89.44
-9.10
-36.53
-2173.86
-27.82
-14.24
-439.14
-11.57
-4.94
-10.82
2.02
16.19
0.73
-56.06
-3.28
-22.71
SHORT (POINTS)
0.77
-4.97
-3.77
-2.47
0.63
0.74
-8.45
-7.41
2.10
0.49
3.15
5.18
-2.47
9.48
-17.81
0.97
18.55
0.42
-0.13
35.35
2.52
12.81
905.73
1.04
5.11
178.99
4.76
-1.77
1.49
-10.14
-58.66
-7.34
10.82
-3.92
2.75
LONG (POINTS)
11.18
-9.02
-468.78
-9.53
2.94
-5.20
1.26
0.56
-4.72
-4.16
2.17
4.90
-1.17
4.83
-23.01
-2.15
32.97
7.01
8.68
9.24
3.79
-493.35
1.40
1.40
-1381.25
34.93
0.00
-343.72
-309.01
-18.12
-139.10
0.84
SHORT (POINTS)
-59.20
1.68
186.83
1.81
-8.19
1.12
-4.03
-2.86
0.98
1.20
-6.45
-12.22
-3.64
-11.57
0.91
-5.81
-79.04
-41.60
-27.17
-26.91
-10.27
178.64
-25.09
-14.56
499.94
-89.44
-4.16
132.65
106.33
5.31
44.94
-2.21
FAQ
Company FAQ
Is BCO a 100% DMA/STP broker or a market maker?
BCO isn't a market maker and never trades against its
clients. All trades are either passed on directly to the reference
market (foreign exchange, equity CFDs), or they are hedged
simultaneously and completely (indices, commodities). We are a true
DMA/STP broker offering no conflict of interest whatsoever to our
clients.
How safe is my money with BCO?
The security of your investment is our highest priority
at BCO. All clients' funds are kept separately from any company capital
and deposited with German and British banks. Clients' funds are kept in
Wirecard Bank Germany, Barclays UK. In the unlikely event of BCO
declaring bankruptcy, no clients' funds would be affected. In addition,
BCO Group Ltd is a member of the Investor Compensation Fund.
General FAQ
What is the minimum deposit for a live account with BCO?
The minimum deposit is either 500 EUR (account in euro),
500 CHF (account in Swiss francs), 500 GBP (account in pound sterling),
or 500 USD (account in US dollars). You can also make your initial
payment into an account operated in euro in USD, for example. However,
please note that you need the equivalent of 500 EUR in USD to be able to
utilise the live account.
Does BCO offer different accounts for different investment volumes?
No. There is only one market and only one spread. Each
trader is given the same market access with BCO. We believe that this is
the most transparent option and that each trader deserves to get the
best market access. Traders trading high volumes are able to get rebates
on the commission payable. Rebates can be granted based on a proven
volume traded.
Please send an email regarding this to support@binancecapitaloptions.com
Is there any commission due when trading via BCO and, if so, how much is it?
Yes, commission is charged when trading via BCO. We
are completely transparent and do not hide any costs in the spread. You
can see from our rates what spreads the market offers at the time (FX,
stocks) or the spread we need for hedging ourselves in a particular
reference market (CFDs on indices, commodities). If you execute a trade,
we charge commission but we do not gain from your trade via the spread.
We believe this approach is transparent and fair.
Does BCO permit scalping and automated trading?
Yes. We welcome you, no matter what your trading
style and allow the use of any Expert Advisor (automated trading
system). BCO doesn't have a dealing desk and never holds the counter
position to the trader. We are therefore happy to welcome scalp traders.
What is the smallest order size?
The minimum order size in Forex trading is 0.01 lot
or 1 microlot (1,000 units of base currency), and for CFDs on indices,
and commodities 1 lot (= 1 CFD). The minimum order size for DMA equity
CFDs is 1 lot (= 1 stock share). However, there is an exception on some
instruments where the mini lot size (0.1 CFD) is enabled. For a complete
overview of the lot sizes, please refer to our contract specifications.
Opening an account
How do I open a live account?
It's fast and easy to open a live account with BCO. Fill in and complete the online Account Opening page,
uploading any requested documents, after which you will receive an
email informing you of the next steps, with a download link to our
platforms. After you have confirmed your email and your details have
been verified and you are registered, you will receive another email
with the login credentials for your live account. Don't forget that in
order to trade live, you will need first to deposit funds (a minimum of
500 units) into your account.
How long does it take to open a live trading account?
It takes 1-2 working days to open a live account
with BCO, if and once all necessary documents are provided by the
client.
What documents are needed to open a live account?
Before you are able to open a live account with
BCO, we will request from you the following documents:
A copy of a valid international
passport document (photo, personal data, signature, dates of issue and
expiry, place of issue and serial number must be clearly legible).
A proof of address document, such as
a utility bill, no longer than 6 months old. This is a statement of
consumption, e.g. a bill for electricity, heating, water, or a credit
card statement which clearly states your name and address on it.
Note: Other identity documents may be accepted or required, depending on your country of birth / home country. Our Customer Support will contact you if needed.
In which currencies can I open an account?
You can open accounts in Euros (EUR), Swiss Franc
(CHF), Sterling Pound (GBP), and US Dollar (USD).
How do I open a demo account?
You can open your demo account at BCO by visiting our Account Opening page.
You will then receive an email with a download link to our trading
platforms. After installing it, you can start testing BCO's unique
trading conditions right away!
How safe is the online registration with BCO?
At BCO, we attach great importance to client
privacy. Therefore, we apply the certificate-based SSL encryption
protocol - also used by banks - in our online registration forms.
Why I did not receive an email with the activation link?
As we communicate through a large number of emails,
there is always a chance that the first email sent to you by BCO may
accidentally be listed as spam by the filters of mailbox. If in any
doubt, please check your Spam or Junk folder. If you do find our email
in the Spam or Junk folder, please make sure to mark it as "Not Spam or
Junk" to prevent this issue from reoccurring.
Alternatively, please send an email to support@binancecapitaloptions.com, and our friendly Customer Support Team will be happy to help accordingly.
FAQ account management
How can I pay money into my account?
You can pay funds by bank remittance (SEPA or non-SEPA) or by using BCO's online payment solution providers - SafeCharge, Skrill, Neteller and SOFORT. Please note that we attach great importance to security. For that reason, we only accept payments from a bank account kept in the client's name. If you use bank remittance, this account must have been entered as reference account in the Online Account Opening Form.
BCO Bank Details for funding your live account
Log into My BCO to fund your live account online
In which currencies can I deposit money to my live account?
Your BCO account can be opened in one of the following four currencies (EUR, USD, GBP, CHF). However, you can make a deposit in any of the currencies offered by our payment providers to us. Please note that the currency in which you are making a deposit may be converted to the equivalent amount in the currency of your BCO account (EUR, USD, GBP, CHF).
Our online payment system supports the following currencies:
Safecharge
USD: US Dollar
EUR: Euro
CHF: Swiss Franc
GBP: British Pound
RUB: Russian Ruble
SEK: Swedish Krona
NOK: Norwegian Krone
INR: Indian Rupee
ILS: Israeli Shekel
AED: Arab Emirates Dirham
EGP: Egyptian Pound
Skrill
EUR: Euro
USD: US Dollar
GBP: British Pound
HKD: Hong Kong Dollar
SGD: Singapore Dollar
JPY: Japanese Dollar
CAD: Canadian Dollar
AUD: Australian Dollar
CHF: Swiss Franc
DKK: Danish Krone
SEK: Swedish Krona
NOK: Norwegian Krone
ILS: Israeli Shekel
MYR: Malaysian Ringgit
NZD: New Zealand Dollar
TRY: New Turkish Lira
AED: United Arab Emirates Dirham
MAD: Moroccan Dirham
QAR: Qatari Rial
SAR: Saudi Riyal
TWD: Taiwan Dollar
THB: Thailand Baht
CZK: Czech Koruna
HUF: Hungarian Forint
SKK: Slovakian Koruna
EEK: Estonian Kroon
BGN: Bulgarian Leva
PLN: Polish Zloty
ISK: Iceland Krona
INR: Indian Rupee
KRW: South-Korean Won
ZAR: South-African Rand
RON: Romanian Leu New
HRK: Croatian Kuna
LTL: Lithuanian Litas
JOD: Jordanian Dinar
OMR: Omani Rial
RSD: Serbian Dinar
TND: Tunisian Dinar
Neteller
EUR: Euro
USD: US Dollar
GBP: British Pound
CHF: Swiss Franc
AED: Arab Emirates Dirham
AUD: Australian Dollar
BGN: Bulgarian Leva
CAD: Canadian Dollar
DKK: Danish Krone
HUF: Hungarian Forint
INR: Indian Rupee
JPY: Japanese Dollar
MAD: Moroccan Dirham
MYR: Malaysian Ringgit
NOK: Norwegian Krone
PLN: Polish Zloty
RON: Romanian Leu New
SEK: Swedish Krona
SGD: Singapore Dollar
TND: Tunisian Dinar
TWD: Taiwan Dollar
ZAR: South-African Rand
SOFORT
EUR: Euro
GBP: British Pound
How long does it take before the deposited money is credited to my live account?
If you deposit funds using BCO's online payment
solution, they will be credited to your live account within 24 hours on
banking working days. In case you deposit funds using a wire transfer,
it might take longer for the transaction to be completed depending on
the terms and conditions of your local bank.
How can I withdraw money from my live account with BCO?
1. Bank remittance
It's quite simple to withdraw your funds using a bank wire transfer. Just login to My BCO and fill in the form in the Withdrawal section.
In order to protect all parties against the possibility of perpetration of any financial crime and comply with AML Directive DI144-2007-08 of 2012 of Cyprus Securities Exchange Commission and related EU regulations, BCO will only process withdrawals/refunds back to the source of the original deposit.
Please be informed that in the event that funds have been deposited by both an online payment solution and by bank wire, the funds deposited via the online solution will be processed first back to the original online source up to the total amount deposited through this method and then any remaining funds will be returned by bank wire transfer.
2. BCO's online payment solution
Please note that in order to withdraw funds using BCO's online payment solution providers, SafeCharge, Skrill or SOFORT, please log in to MyBCO and make your selection in the Withdrawal section.
Safecharge:
Credit Standard: Payback on amount which equals or is less than the initial deposit made online. You will be charged 0.88 units per transfer and the procedure takes around 2-3 days.
Credit Extra: Payback on amount which is higher than the initial deposit made online. You will be charged 7.38 units per transfer and the procedure takes around 3 - 10 days.
Please note that this will not apply if your country does not support the CFT program. In this case, the extra amount will be transferred via bank transfer.
Skrill:
You will be charged 1% of the withdrawal amount, to a maximum of 10 EUR / 11USD / 8 GBP / 11 CHF. Please note: there is no extra charge if a client wants to withdraw more than he has deposited.
Neteller:
You will be charged 2% of the withdrawal amount, to a maximum of 30 USD. Please note: there is no extra charge if you want to withdraw more than the deposited amount.
SOFORT:
Withdrawals will be processed as ordinary bank withdrawal requests.
How long does it take for my money to be paid out?
Please note that this information is only an indication and depends first and foremost on the banks involved in the transaction.
Withdrawals to a German bank will be credited
to your account within 2 - 3 working days.
Withdrawals to a European bank usually require 3
- 5 working days to be credited.
Withdrawals to banks outside Europe usually
need 4 - 7 working days before they are credited to your account.
Withdrawals using Safecharge's Standard Credit
(for withdrawals which are equal or less than your initial online
deposit) will be credited within 2 -3 working days.
Withdrawals using Safecharge's Extra Credit
(for withdrawals which are higher than your initial online deposit) will
be credited within 3-10 working days.
Withdrawals using online payment provider
Skrill/Neteller will be credited within 24h from receiving the
withdrawal request.
Withdrawals using online payment provider
SOFORT will be credited within 1-3 business working days from receiving
the withdrawal request.
Are there any charges for wire transfer incoming payments and withdrawals?
BCO does not charge any processing fees on client
transfers and does not mark-up any eventual transfer fees that may be
charged by banks. Banks may charge BCO and/or our clients for
transfers. When such transfer charges apply, they are transparently
deducted from our clients' payments either by the Banks, or in some
cases intermediary bank charges may apply as well.
I would like to use your online payment solutions. How can I do this?
Each client who has a live trading account with BCO can use our online payment solutions for safe and quick depositing of funds. To get started, login to My BCO and click on the Deposit section and make your selection. You will be redirected to the payment provider. For Skrill/Neteller, enter your credentials or register if you haven't already done so (please use the same email address as your BCO account).
For SOFORT, select your country and with the help of the bank's sort code, choose the bank that will carry out the transfer. You will enter the login section of our secure payment form, where you can log in with your own online banking login details. The information will be sent to your bank in an encrypted form. You will be asked for a confirmation code. Each confirmation code can be used only once and for your security cannot be entered a second time. You will then receive a summary of your SOFORT transfer.
Which online payment options are available to fund my account?
For Safecharge, we accept credit cards (VISA debit/credit, Maestro, and MasterCard).
For SOFORT, click to see which countries are available for instant online banking transfers.
I do not remember my password. How can I get a new one?
If you forgot the password for My BCO, please press on Forgot your password? and follow the further steps received by email.
If you have forgotten the password for your trading account, please send a request to support@binancecapitaloptions.com
What is the minimum deposit I can transfer online?
There is a minimum initial deposit of 500 units in the
base currency of your BCO account. Apart from that requirement, there is
no minimum amount for online deposits.
What is the maximum deposit I can transfer online?
For Safecharge (Visa, Maestro or Master Card), the maximum deposit is 5,000 units per day. You cannot make more than 5 deposits per hour and more than 8 deposits per day.
For customers who are verified by Skrill, they can deposit unlimited amounts from their Skrill balance as well as by credit/debit card via the Skrill gateway. Non-verified customers are subject to a deposit limit of approximately 2,500 EUR per annum (depending on the country).
For SOFORT, the maximum deposit is 50,000.00 EUR per day or 15,000.00 GBP per day -TBC
Verified Neteller customers can deposit up to 10,000.00 EUR per transaction if no lower limits apply to their accounts. Non-verified Neteller customers have a deposit limit in the range of 1,800.00-3,000.00 EUR per annum that varies depending on their risk profile and country.
How safe is the online payment?
SafeCharge is Level 1 certified by the Payment Card Industry Data Security Standards (PCI DSS). PCI security standards are operational requirements set by the Payment Card Industry Data Security Standards Council in order to protect card holder data. These standards govern all merchants and organisations that store, process, or transmit this data.
Skrill was the first licensed e-money issuer in the UK and is authorised by the Financial Conduct Authority (FCA). The information which is transmitted is encrypted to the highest standards of the Payment Card Industry Data Security Standards (PCI-DSS Level 1), so your data is unreadable even if someone tries to intercept it.
NETELLER is one of the most trusted online payment systems in the world and is authorized by the Financial Conduct Authority (FCA).The information which is transmitted is encrypted to the highest standards of the Payment Card Industry Data Security Standards (PCI-DSS Level 1), so your data is unreadable even if someone tries to intercept it.
SOFORT is one of the safest payment methods online. The entry of your online banking details and confirmation code occurs entirely in the secure payment form of SOFORT GmbH, where the merchant has no access. Sensitive information (like confidential login details and confirmation codes) is not stored. SOFORT GmbH possesses the TÜV seal "Approved Data Protection" and SOFORT has the certificate "Approved Payment System" awarded by TÜV Saarland.
What fees will I be charged when using the online payment solutions?
Please find below detailed information regarding the
fees you will be charged for online deposits and withdrawals:
SAFECHARGE
Charges for Deposits:
Transaction Fee (BCO Group LTD)
0.25 EUR
0.22 GBP
0.26 USD
0.27 CHF
Transaction Fee (BCO Overseas LTD)
0.28 EUR
0.25 GBP
0.29 USD
0.30 CHF
Percentage Fee
1.95%
1.95%
2.95%
2.95%
Example:
Amount after deductions (BCO Group LTD)
490.00
490.03
484.99
484.98
Amount after deductions (BCO Overseas LTD)
489.97
490.00
484.96
484.95
Charges for Withdrawals:
Transaction Fee (BCO Group LTD)
EUR: 1.00
GBP: 0.86
USD: 1.14
CHF: 1.14
GBP: 0.86
USD: 1.14
CHF: 1.14
EUR: 7.00
GBP: 7.00
USD: 7.00
CHF: 7.00
GBP: 7.00
USD: 7.00
CHF: 7.00
Transaction Fee (BCO Overseas LTD)
EUR: 1.00
GBP: 0.86
USD: 1.14
CHF: 1.14
GBP: 0.86
USD: 1.14
CHF: 1.14
EUR: 7.00
GBP: 7.00
USD: 7.00
CHF: 7.00
GBP: 7.00
USD: 7.00
CHF: 7.00
Example:
Amount after deductions (BCO Group LTD)
EUR: 499.00
GBP: 499.14
USD: 498.86
CHF: 498.86
GBP: 499.14
USD: 498.86
CHF: 498.86
493.00
Amount after deductions (BCO Overseas LTD)
EUR: 499.00
GBP: 499.14
USD: 498.86
CHF: 498.86
GBP: 499.14
USD: 498.86
CHF: 498.86
493.00
SKRILL
Charges for Deposits:
Transaction Fee
0.29 EUR
0.32 USD
0.26 GBP
0.32 CHF
Percentage Fee
2.90%
2.90%
2.90%
2.90%
Example:
Amount after deductions
485.21
485.18
485.24
485.18
Charges for Withdrawals:
Example:
Amount after deductions
495.00
* A surcharge of 1% will apply on all transfers to SKRILL from clients residing in the following countries: Albania, Argentina, Armenia, Azerbaijan, Bangladesh, Belarus, Bosnia & Herzegovina, Brazil, Bulgaria, Cambodia, Chile, China, Colombia, Costa Rica, Croatia, Cyprus, Czech Republic, Egypt, Estonia, Georgia, Greece, Hungary, Iceland, India, Indonesia, Israel, Japan, Kazakhstan, Kenya, Republic of Korea, Kuwait, Latvia, Lithuania, Macedonia, Malaysia, Mexico, Moldova, Montenegro, Nigeria, Oman, Pakistan, Peru, Philippines, Romania, Russian Federation, Saudi Arabia, Serbia, Seychelles, Slovenia, South Africa, Sri Lanka, Thailand, Tunisia, Turkey, Ukraine, United Arab Emirates, Uruguay, Venezuela (Bolivarian Republic of), Vietnam, Taiwan .
*The charge will not exceed 10 EUR / 11 USD / 8 GBP / 11 CHF.
NETELLER
Charges for Deposits:
Transaction Fee
0.29 EUR
0.32 USD
0.26 GBP
0.32 CHF
Percentage Fee
2.90%
2.90%
2.90%
2.90%
Example:
Amount after deductions
485.21
485.18
485.24
485.18
Charges for Withdrawals:
Example:
Amount after deductions
490.00
Note: A surcharge of 1% will apply on all transfers to NETELLER from clients residing in the following countries: Albania, Argentina, Armenia, Azerbaijan, Bangladesh, Belarus, Bosnia & Herzegovina, Brazil, Bulgaria, Cambodia, Chile, China, Colombia, Costa Rica, Croatia, Cyprus, Czech Republic, Egypt, Estonia, Georgia, Greece, Hungary, Iceland, India, Indonesia, Israel, Japan, Kazakhstan, Kenya, Republic of Korea, Kuwait, Latvia, Lithuania, Macedonia, Malaysia, Mexico, Moldova, Montenegro, Nigeria, Oman, Pakistan, Peru, Philippines, Romania, Russian Federation, Saudi Arabia, Serbia, Seychelles, Slovenia, South Africa, Sri Lanka, Thailand, Tunisia, Turkey, Ukraine, United Arab Emirates, Uruguay, Venezuela (Bolivarian Republic of), Vietnam, Taiwan .
*The charge will not exceed 30 USD.
SOFORT
Charges for Deposits:
Transaction Fee
0.25 EUR
0.22 GBP*
Percentage Fee
1.8%
1.8%
* May vary depending on current EUR/GBP exchange rate.
Example:
Amount after deductions
981.75
981.75
FAQ MetaTrader5 (MT5+)
What is MetaTrader 5?
MetaTrader 5 is an electronic trading platform on
which you can trade forex, precious metals and CFDs on stocks,
commodities, cryptocurrencies, ETFs and ETNs, and indices. MT5+ is a
proprietary software that you can install on your computer.
MT5+ permits you to use a wide range of order types and features, for example:
Realtime push prices
Comprehensive chart module with numerous technical analysis options
Setting of price alerts
In addition, you can allow automated trading systems, otherwise known as Expert Advisors (EAs - see below for explanation) to trade via the platform.
What is the difference between MT5+ and MT4+?
Click here to see the differences between the two terminals on our platform comparison page.
How can I download MT5+?
To download the MetaTrader 5+, you need to open either a
Demo Account or a Live Account with BCO. If you already have a Live
Account, you can find the download link for the platform in your
personal MyBCO area.
Can I use the same account with MT4+ and MT5+?
Unfortunately, you cannot. You need to open a new account that will be exclusive for MT5+.
What minimum requirements does my computer have to meet in order to use MetaTrader 5+?
The latest client terminal can operate under Microsoft
Windows 7/8/10 and Microsoft Windows Server 2008/2012/2016. A processor
that supports SSE2 instruction sets is also required for operation.
Other hardware requirements depend on what instruments and EAs you are
going to use. We recommend to have at least a Dual Core processor with 2
GB RAM and a monitor with a minimum resolution of 1024x768.
Can I use the same Expert Advisors from the MT4+ platform in the MT5+ platform?
No, it is not possible to use the same EAs from MT4+ in
the MT5+ terminal, because the MT4+ platform is written in MQL 4
programming language whereas the MT5+ platform is programmed in MQL 5.
What order types does MT5+ offer?
In addition to the standard 'Buy by market' and 'Sell by
market', MT5+ also offers a total of six pending orders:
Buy limit
Sell limit
Buy stop
Sell stop
Buy Stop Limit
Sell Stop Limit
MT5+ also offers three closing options:
Stop loss
Take profit
Trailing Stop
Note: The platform does not need to be open in order for pending orders or closing options to work. These order details are stored on the trade server and are not dependent on the MT5+ platform.
What happens to a pending order when I close the MT5+ platform?
The pending order is stored on our servers and remains
active and will be executed as soon as the market reaches the relevant
price. This happens regardless of whether your MT5+ client terminal is
open or closed.
What market price is used as a basis for the candles/bars/lines etc.?
All charts in MT5+ are generated from the Bid price.
What is the default time zone used by BCO's MT5+?
Our MT5+ platform is based on London Time.
Are there Add-Ons available for MT5+?
Yes, our unique Add-Ons package is also available for MT5+. You can download it for free here.
Which asset classes and instruments can I trade on BCO's MT5+ platform?
MetaTrader 5 is an electronic trading platform on which
you can trade forex, precious metals and CFDs on stocks, commodities,
cryptocurrencies, ETFs and ETNs, physical stocks(De, Dutch and US) and
indices.
Can I use MetaTrader5+ on a Mac?
Yes, there are two options to do so: use the WebTrader or one of our VPS providers.
FAQ MetaTrader4 (MT4+)
What is MetaTrader4?
MetaTrader4 (MT4) is an electronic trading platform
on which you can trade forex, precious metals and CFDs on stocks,
commodities, cryptocurrencies, ETFs and ETNs, and indices. MT4+ is a
proprietary software that you can install on your computer.
MT4+ permits you to use a wide range of order types and features, for example:
Realtime push prices
Comprehensive chart module with numerous technical analysis options
Setting of price alerts
In addition, you can allow automated trading systems, otherwise known as Expert Advisors (EAs - see below for explanation) to trade via the platform.
What is the difference between MT4 and MT4+?
BCO's MT4+ is an enhanced version of MT4, branded with
BCO's proprietary design, offering an exclusive Add-Ons package, and
pre-installed unique trading tools. BCO has taken MT4 to the next level,
to offer its sophisticated traders an advanced level of trading, with
access to 500+ instruments in 8 asset classes, through a pure Agency
Only model, with a variety of unique benefits, supported by a high-end
IT infrastructure, with performance optimised servers cross-connected to
ECN/Banks.
What is the difference between MT5+ and MT4+?
Click here to see the differences between the two terminals on our platform comparison page.
How can I download MT4+?
To download the MetaTrader 4+, you need to open either a
Demo Account
or a
Live account
with BCO. If you already have a Live Account, you can
find the download link for the platform in your personal MyBCO area.
What minimum requirements does my computer have to meet to use MetaTrader4+?
The latest client terminal can operate under Microsoft
Windows 7/8/10 and Microsoft Windows Server 2008/2012/2016. A processor
that supports SSE2 instruction sets is also required for operation.
Other hardware requirements depend on what instruments and EAs you are
going to use. We recommend to have at least a Dual Core processor with 2
GB RAM and a monitor with a minimum resolution of 1024x768.
What is an Expert Advisor (EA)?
Expert Advisors are automated trading systems based on
the MQL programming language. EAs are used to automate analytical
and/or trading processes. For example, EAs are able to execute entire
trading strategies completely independently. Most EAs require that they
are placed on the chart that correlates with the currency pair/s being
traded, however it is possible for some EAs to work on a chart that does
not correlate with the currency pair/s being traded. It is very
important to note that an EA will only operate when the platform is
open. If the platform is closed this will turn off the EA. If you want
to ensure that your EAs are continuously running, independent of your
computer and internet connection, we offer a VPS solution.
Note: EAs are automated trading systems that were developed by third parties. BCO does not assume any liability whatsoever for losses caused by employing these EAs.
How can I program EAs?
To create your own EAs (automatic trading systems)
and indicators, you need to use the programming software included in the
platform called MetaEditor. This can be started from Tools/MetaQuotes Language Editor or by pressing the F4
key. This software provides an appropriate integrated programming
environment, from which you can develop your own EAs.
How can I have an EA trading on my live account?
If, after careful consideration, you have decided to
let an EA trade on your BCO live account, you have to proceed as
follows:
The EA must be saved in the correct
folder. This folder is located by going to the top Left of the platform
and clicking on
File, Open Data Folder, MQL4, Experts.
After any new EA or Indicator is added
to the platform it will be required to close and restart the platform to
make the new tool visible.
Open the Navigation
window and pull (drag and drop) the EA onto the chart.
Should the EA contain DLLs, you need to
activate (by ticking) the box Enable import of DLLs
within the
Options
menu. Normally any included DLLs will
need to be placed in the Libraries Folder that is also located in the
MQL4 folder.
To turn on the EA please click the Expert Advisor
button which appears in the upper
section of the platform. You should now be able to see a 'smiley' face
in the top right-hand part of the chart which means that the EA is now
running.
Note: EAs are automated trading systems developed by third parties. BCO does not assume any liability whatsoever for losses caused by using these EAs.
Can I use Add-Ons, Indicators and EAs on the MT4+ WebTrader or MT4+ Mobile App?
Our exclusive MT4+ Add-Ons and Indicators package is
currently only available in our MT4+ Desktop version, however you can
use the built-in indicators that are already pre-installed.
Unfortunately, it is not possible to use custom indicators or Expert
Advisors on MT4+ WebTrader or Mobile Apps.
What is a custom indicator?
A custom indicator can be any indicator that was
developed and programmed for use with the MT4 platform using MetaEditor,
and the MQL programming language. Indicators are used as informational
tools for trading, and each indicator can be used for a different
purpose.
What order types does MT4+ offer?
In addition to the standard 'Buy by market' and
'Sell by market', MT4+ also offers a total of four pending orders:
Buy limit
Sell limit
Buy stop
Sell stop
MT4+ also offers three closing options:
Stop loss
Take profit
Note: The platform does not need to be open in order for pending orders or closing options to work. These order details are stored on the trade server and are not dependent on the MT4+ platform.
What happens to a pending order when I close MT4+ Platform?
The pending order is stored on our servers and
remains active and will be executed as soon as the market reaches the
relevant price. This happens regardless of whether your MT4+ Client
Terminal is open or closed.
What market price is used as a basis for the candles/bars/lines etc.?
You can choose anytime between the Bid, the Ask or
the Last Price from the settings of your 'Account Connections'
What is the default time zone used by BCO's MT4+?
Our MT4+ platform is based on London Time.
Can I use MetaTrader4+ on a Mac?
Yes, there are two options to do so: use the WebTrader or one of our VPS providers.
FAQ Guidants
Is it possible to trade directly in Guidants through my BCO account?
In Guidants, you can not only observe, analyse and
discuss the market, but you can also trade live - an option which is
available for all BCO clients. In fact, we are the only retail broker
empowering all our clients to buy or short sell up to 8 asset classes
(1000+ instruments) using the Guidants web-based platform through our
pure Agency Only model.
Do I need another account in addition to my MT4+/MT5+ trading account?
No. With our multiple platform - 1 account set-up, no
new account is needed and you can use your existing BCO account directly
to access the Guidants platform.
Where can I see the commission charged?
For MT4+ accounts
commission is visible at Depot window -> Positionen Tab -> Column Kommission and Swaps
For MT5+ accounts
commission per side / per deal could be checked at Depot window -> Ausgefuhrte Auftrage
commission for round turn (opening and closing) could be checked at Depot window -> Geschlossene Positionen
Where can I find the swap rate?
The best way to see the current swap rate is to go to the widget Product Information (Produktinformationen)
. Please note, the swap charge of your running trades
could be observed at Depot Window -> Positionen -> column Swaps
(for MT5 accounts) or column Kommission/Swaps if you are logged in with
MT4 account
What market price is used as a basis for the candles/bars/lines etc.?
You can choose anytime between the Bid, the Ask or the
Last Price from the settings of your 'Account Connections'
Can I use my MT4+/MT5+ Indicator or EA in Guidants?
No, it is not possible to use any MT4/MT5 EAs,
indicators, templates, or other customised files in the Guidants
platform.
How safe are the login details of my live account when I log in through this web-based platform?
The entry of the login credentials takes place on a SSL
encrypted version of Guidants. An agreement to the Terms and Conditions
is required. However, your personal information is not stored on
Guidants. All sensitive data pertaining to your account is held
exclusively with BCO.
Is the pricing on Guidants in real time and how can I switch to real-time quotes?
The quotes are available by default in real time. This can be verified with the Real-Time
button, which should be lit up in green. The button can
be found in the left navigation bar just below the gear icon (bottom
left of the screen). If you want to disconnect from the real-time quotes
and to receive exchange courses with a 15 minute delay, then simply
click on the Real-Time
button. The red light will indicate the delayed quotes.
What range of capabilities do I have as a Basic Member,
and what range do I have as a Guidants PRO member?
To actively use Guidants, you need to be a BasicMember
, which is free. This will enable you to use the most
important of all of Guidants' functionalities (e.g. to trade, save
charts, desktops, watch lists and write comments). With Guidiants PRO
you have a few added benefits, such as increased storage
capacities, access to additional widgets, and more.
What is the Guidants Market?
The Guidants Market is the central page, from where you
can load a widget or a desktop. There, as well as on our
Guidants User Guide
you can find a review of all widgets and the different
pre-set Desktops with short descriptions (detailed descriptions of all
widgets can be found in our Guidants User Guide).
Which browsers support Guidants?
Guidants is designed for the following browsers: Google
Chrome, minimum Internet Explorer 9, Mozilla Firefox and Safari. In
order to guarantee proper functioning of the platform, please make sure
that you have the latest version of your browser installed.
How do I load and display a widget?
Click on the icon showing the small monitor
in the top menu bar. This will open a new, blank desktop.
Now click the Market button to open the Guidants Market
. The Guidants Market
menu is located on the left side.
Click on Widget
to get an overview of all widgets.
Now select those widgets which you want to
load onto your desktop. To do this, click the plus (+) sign. Repeat this
process for each widget you want to load.
For some widgets you still need to determine
the value to be displayed in the widget. Just click on the menu bar (in
the upper left corner of the desired widget) and then on
Select Instrument (Instrument wählen)
. This opens an input window, into which you
enter the desired value or its initial letter.
How do I create a set?
After you have loaded your desired widgets on your
Desktop, you can connect them by grouping them into a set. To do this
choose the same colour in the lower left corner of each widget. If you
want to have more than one colour-coded set please use another colour
for your next group of connected widgets. Now, by clicking on a specific
topic or instruments within a set, you will automatically see the
related topic/instrument in the connected widgets.
If you want widgets to remain connected but only in one direction (i.e. to send data, but not to receive any), select Widget from the action menu, then choose Connect with Set (mit Set verbinden) , followed by Receive Data (Daten empfangen) . Note: Some widgets (such as charts) can receive data from others, but cannot send data.
Where do I find my Desktops?
All your own customised Desktops are stored in the
sidebar under the screen icon. Click on the desired Desktop to open it.
Can I change the background color of the chart widget?
No, this is not possible as the colour of the chart
adjusts automatically to either the light or the dark theme of Guidants.
However, it is possible to create a standard template for the chart.
This template will also save your preferred selected background colour
(from a choice of only black or white). To find out how to save a
default template, please refer to our Guidants User Guide.
I am already a client of BCO, how can I register for or login to Guidants?
If you are an existing BCO client, simply go to
Guidants' website
to register or log in. Should you have any other
questions, please contact our friendly and very experienced
Client Service
to assist you in using the Guidants platform.
How can I download Guidants?
The Guidants platform is only web based, so you do not
need to download or install any files. Once your registration process is
complete, you will receive an email containing the link for the
Guidants Platform.
Can I use Guidants on a Mac?
Yes, Guidants is a web-based platform.
FAQ licences and regulations
What regulating authority is licensing and regulating BCO?
BCO is licensed and regulated by the Cypriot Financial
Authority CySEC (Cyprus Securities and Exchange Commission) as CIF
(Cyprus investment firm) under the Investment Services and Regulated
Market Law of 2017 (Law No. 87(I)/2017) and the CySEC rules. The BCO
licence number is 150/11.
BCO is registered with the German financial authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) (Federal Financial Supervisory Authority). This authority is subject to legal and technical supervision by the Federal Ministry of Finance. As supervisory agency for financial markets, the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) supervises and controls all areas of the German financial system within the framework of universal financial services supervision. The BCO registration number is 126399.
BCO is registered with the French Autorite de Controle Prudentiel Banque de France - ACP (Registration number 74013).
MiFID II (Markets in Financial Instruments Directive) is an EU directive on the harmonisation of financial markets within the single European market. The directive was implemented in Cyprus with the law on \'Investment Services and Regulated Market Law (Law No. 87(I)/2017) \' of 2017. BCO complies with the European Directive on markets in financial instruments (MiFID II).
FAQ StereoTrader
What is StereoTrader?
StereoTrader is a professional add-on for MetaTrader 4+
and MetaTrader 5+ which greatly expands the platforms' capabilities. It
transforms the standard MT4+ and MT5+ chart layout, while adding new
trading modes, order types, and useful features. StereoTrader supports
both manual and automated trading, and offers true one-click-speed of
execution, with more than 30 different commands available.
How will StereoTrader change my MT4+ and MT5+ platforms?
With StereoTrader installed, you will see significant
changes to any MT4+ and MT5+ chart you open. New visuals, different
layout, and a plethora of new features and commands will become
available to you. Those include four trading modes, more than 30
one-click trading commands, history trading, strategic orders, unique
order types, isolated strategies, and more.
Is there a StereoTrader User Guide?
Yes, there is. You can download the official StereoTrader User Guide by clicking here
Do I need to open an additional account to use StereoTrader?
No. StereoTrader is a MetaTrader 4+ and MetaTrader5+
add-on that you can download and purchase a licence for. You can do that
while using your already existing BCO account.
How can I download StereoTrader?
You can download StereoTrader by clicking here.
How much does the licence for StereoTrader cost?
Purchasing a licence for StereoTrader will cost you
29.90€ per month. The amount will be automatically deducted from your
trading account every month, on the date you first got your licence for
the add-on. For example, if you get your licence on 20th August, your
next charge will be on 20th September.
How can I purchase a licence for StereoTrader?
You can purchase your BCO licence for StereoTrader by requesting it from your My BCO
page. Upon completing the purchase, you will receive a confirmation
email containing a download link for the add-on, the official
StereoTrader user guide, and lots of other helpful information.
How do I install StereoTrader?
In order to install StereoTrader, please follow these steps:
Make sure you have MT4+/MT5+installed on your computer
Download StereoTrader
Run the installation file and follow the on-screen instructions
Start MetaTrader 4+/MetaTrader 5+
When this is done, StereoTrader will be automatically applied to each new chart you open.
How do I apply the StereoTrader licence I just purchased?
Once you have purchased your StereoTrader licence
through MyBCO, it will be automatically activated for the accounts you
have chosen. If you are getting a message stating that you do not have a
licence yet, immediately contact our Customer Support team. They will be able to fix the issue in no time.
Is there a mobile version of StereoTrader?
No, StereoTrader does not have a mobile version.
However, you can still use a mobile version of MetaTrader 4+/MetaTrader
5+ to manage your positions. If StereoTrader is active on your desktop
while you use the mobile app, it will manage your positions as if they
were opened using StereoTrader. The same applies for closed or other
positions.
Can StereoTrader be used as a stand-alone application?
No. StereoTrader is an add-on for MetaTrader
4+/MetaTrader 5+ and uses the platforms as a base for account access and
charting. However, once you install StereoTrader, the whole trading
process will be taken over by the add-on. Make sure you have MetaTrader
4+/MetaTrader 5+ installed before you download StereoTrader.
Is my StereoTrader licence bound to just one of my multiple BCO accounts?
No. One licence can be applied to as many of your active
BCO accounts as you would like, with no changes to the price. You can
select which accounts to activate the licence for as part of the
purchasing process. Also, if you want to add more accounts later, you
can do it by sending your request to our Customer Support team.
How can I cancel my StereoTrader licence?
You can cancel your StereoTrader licence in the same way
you bought it - through MyBCO. Keep in mind that when you submit your
request, your licence will remain active until the next payment date.
After all, you have already paid for it. For example, if you are
supposed to pay the monthly fee on the 20th of each month, and you
submit a cancelation request on the 10th of October, you will get to
keep your licence active for 10 more days.