BCM Company

BCM Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

BCM Company, also known as Basel Capital Markets, was founded approximately 5 to 10 years ago and has established itself within the trading industry. Initially, the company operated under a market-making model, providing various trading options to clients.

Parent Company/Ownership Structure

BCM is associated with Leverate Financial Services Ltd, which holds a regulatory license. However, it is important to note that BCM's own license from the Cyprus Securities and Exchange Commission (CySEC) has been revoked, raising concerns about its operational legitimacy.

Headquarters Location

The headquarters of BCM is located at Zavos City Center, 4th Floor, 88 Agias Fylaxeos, Limassol, Cyprus. This strategic location positions BCM within a prominent financial hub.

Global Business Scope

BCM primarily serves clients in the Forex trading market, offering a variety of financial instruments including currency pairs, commodities, indices, and stocks. The company aims to cater to a diverse clientele ranging from novice traders to experienced investors.

Main Regulatory Bodies

BCM was previously regulated by CySEC, but its license has been revoked. This has raised significant concerns regarding its regulatory compliance and overall legitimacy. Currently, BCM operates without any valid regulatory oversight.

Back to Top

2. Company History and Development

Key Milestones

• Founding: BCM was established around 5 to 10 years ago, focusing on Forex and CFD trading.
• Regulatory License: Initially regulated by CySEC under license number 160/11, BCM faced revocation of its license due to compliance issues.
• Website Accessibility: As of late 2023, BCM's official website has been reported as inaccessible, raising further questions about its operational transparency.

Business Expansion Journey

BCM has attempted to expand its services by offering multiple account types, catering to different trader preferences. However, the revocation of its regulatory license has hindered its growth trajectory and market trust.

Customer Base Growth

Despite its challenges, BCM has managed to attract a diverse customer base, including both retail and institutional traders. However, the lack of a valid regulatory framework may deter potential clients.

Platform Development History

BCM provides trading services through popular platforms, including MetaTrader 4 (MT4) and Sirix Web Trader. These platforms are known for their user-friendly interfaces and robust trading features, appealing to a wide range of traders.

Important Awards or Recognitions Received

BCM has not been highlighted for any significant awards or recognitions, particularly due to its current regulatory status and operational challenges.

Back to Top

3. Trading Services Offered

Forex Trading Options

BCM offers a range of Forex trading options, including a significant number of currency pairs. Traders can access major, minor, and exotic currency pairs, enabling diverse trading strategies.

Stock Trading Options

In addition to Forex, BCM facilitates trading in individual stocks of publicly listed companies, allowing clients to capitalize on specific corporate performances.

CFD Trading Products

BCM provides Contracts for Difference (CFDs) on various assets, enabling clients to speculate on price movements without owning the underlying assets.

Other Financial Instruments

BCM also offers trading in commodities such as gold, silver, and crude oil, as well as indices representing the performance of major stock markets. Additionally, there have been indications of services related to cryptocurrencies, although details are limited.

Special Services or Unique Advantages

One of the unique advantages of BCM is its support for multiple account types, designed to meet the varying needs of traders. However, the imposition of withdrawal fees and the lack of regulatory oversight may detract from these advantages.

Back to Top

4. Regulatory and Legal Background

Detailed Regulatory Information

BCM was regulated by CySEC, but its license has been revoked. Currently, it operates without any valid regulatory authority, which poses significant risks to potential investors.

Legal Entity Structure by Region

BCM operates primarily as a Cyprus Investment Firm (CIF) under the jurisdiction of Cyprus. Its legal structure is influenced by local regulations, but the revocation of its license raises questions about its compliance.

Client Fund Protection Measures

Due to the revocation of its regulatory license, there are no clear measures in place for client fund protection. This lack of oversight raises concerns about the safety of investor capital.

Countries/Regions Served

BCM primarily serves clients in Cyprus and other regions, but the absence of regulatory compliance may limit its ability to operate in various jurisdictions.

Compliance History

BCM has faced significant compliance challenges, culminating in the revocation of its CySEC license. This history raises red flags for potential investors and traders considering BCM as a trading option.

Back to Top

5. Competitive Landscape

3-5 Main Competitors

1. IC Markets: Known for low spreads and a wide range of trading instruments.
2. Forex.com: Offers robust trading platforms and regulatory oversight.
3. OANDA: Provides a comprehensive trading environment and strong customer support.

Positioning in the Industry

BCM's positioning in the industry has been negatively affected by its revoked regulatory status. While it offers competitive trading options, the lack of regulatory oversight diminishes its credibility compared to its competitors.

Market Differentiation Factors

BCM differentiates itself through the variety of account types and trading platforms offered. However, the concerns surrounding its regulatory compliance and website accessibility significantly undermine its competitive advantage.

Back to Top

In conclusion, BCM Company presents a mixed picture for potential clients. While it offers a range of trading services and platforms, the revocation of its regulatory license and current operational challenges raise significant concerns. Individuals considering BCM should approach with caution, weighing the risks associated with investing in a company lacking valid regulatory oversight.

For more detailed insights and to stay updated on BCM's developments, please refer to learn more.