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bgc

Regulated
United Kingdom
,
Since 2018
Last Updated:
63/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
1
Account Types
BasicBasicSwap-Free+1 more

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

4 methods

Bank Transfer

bank transfer
3 days
Fee:
Free
Fee:
Free

Credit/Debit Cards

credit card
Instant
Fee:
Free
Fee:
Free

E-wallets

e wallet
Instant
Fee:
Free
Fee:
Free

Local Payment Methods

other
hours
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 82%, 2: License 85%, 3: Software 0%, 4: Spread 0%, 5: Account Type 22%, 6: Symbol 0%
Regulation
82%Excellent
License
85%Excellent
Software
0%Poor
Spread
0%Poor
Account Type
22%Poor
Symbol
0%Poor

Company Information

Full Name:BGC Brokers L.P
Founded:2018
Headquarters:United Kingdom
Enterprise Offices:2offices

Customer Support

Phone:
+1 646 346 7000
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction & Overview

Choosing a broker is important for any trader, whether they are new or experienced, because we live in a rapidly changing financial trading industry. Bgc is a trading broker and financial services company that aims to offer a reliable marketplace where users can find and trade on the financial markets. While the financial services industry has many brokers with several different offerings and ways to trade, it is essential for those interested in trading with bgc to understand the type of services bgc offers to ensure they are partnering with a reputable provider.

Bgc was founded as a broker that specializes in financial services. There is very little public information about when bgc was founded, its original corporate structure, and no publicly available information on the evolution or historical data on bgc. Due to this, it is difficult to track its history and growth over time. However, bgc is a broker and offers traders access to the financial markets, so we can assume that bgc is committed to providing financial market access. There is very limited information regarding bgc's leadership, its corporate office, and its original founding principles.Important features & products offered

Though there are no detailed reports outlining the products or trading instruments offered by bgc, it's safe to assume that brokers generally offer various financial markets (forex, commodities, indices, and in some cases, cryptocurrencies). The primary reason traders might choose to open a trading account at bgc will be due to introducing brokers providing access to the market via a trading platform and account services.

Based on limited evidence, it appears that bgc's goal will be to attract traders looking for quick and easy access to the market. However, without precise information regarding the range of products and services offered, traders are advised to conduct their due diligence and reach out to bgc to verify that it is indeed a reputable broker.

Licensing and compliance with regulatory authorities.

One of the most important factors in determining the reputation of any broker is regulatory oversight. Unfortunately, because there is limited information overall concerning bgcs regulatory licensing, it is difficult for potential clients to know if bgc is in compliance with any regulatory authority and whether or not the firm meets all industry standards.

Traders should take extra caution when trading with bgc and reach out directly to bgc to obtain confirmation of the company's licensing prior to opening an account.

Licence#

License Jurisdiction

Status

N/A

N/A

N/A

Trading Conditions and Platform Technology

Evaluating a broker's competitiveness requires analyzing the broker's trading conditions (spread, leverage, and minimum deposit) and platform technology (trading platform).The ongoing rapid evolution and changing nature of online trading platforms make it increasingly important for traders in search of potential clients to conduct research into the features of these platforms. The following fundamental factors must also be taken into account when conducting research:

Trading Condition (Overview)

Spread: Not yet available

Leverage: Not yet available

Minimum Deposit: Not yet available

Trading Platforms: Not yet available

Fee Structure

Understanding how BGC's fee structure operates will assist traders in managing their trading costs as effectively as possible. As there is no publicly available deposit fee, withdrawal fee, or commission information for BGC, traders should contact BGC directly to find out the specifics of these fees. Reputable brokers will provide clear and transparent fee structures to their clients; however, absent this information from BGC, traders will need to do significant research before establishing accounts with BGC and should seek clarification from BGC directly on these fees.

Fee Description (Overview)

Deposit Fee: Not yet available

Withdrawal Fee: Not yet available

Commission: Not yet available

User Experience & Reputation in the Market

(Due to BGC's lack of significant user reviews and market analysis available to traders of the broker, it is difficult to accurately assess BGC's reputation. However, when selecting their broker, many traders prefer to work with brokers who are recognized for their consistent, accurate trade execution, responsive customer service and timely, clear communications.

It is recommended that anyone considering transferring funds to BGC look for personal reviews and testimonials from other clients, as well as conduct due diligence prior to transferring. Additionally, contacting the customer service department at BGC may also provide a reference indicative of BGC's professionalism and responsiveness.

Conclusion

To date, no comprehensive public information relating to BGC is available that will allow an accurate assessment of the broker or its services, regulatory status or trading conditions; therefore, all potential traders will need to be cautious and obtain clarification from BGC on the three items discussed above (licencing, fees and platform) prior to opening their accounts with BGC.

While BGC may provide its clients with outstanding customer service, regulations and transparency of operations are critical factors in supporting a trustworthy trading environment; therefore, traders should conduct comprehensive reviews prior to agreeing to work with a broker.

Regulatory Licenses

Compliance & oversight

3 licenses
United Kingdom
FCATier 1
United Kingdom#454814
License Details
Type:Market Making(MM)
License #:454814
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Singapore
MASTier 1
Singapore
License Details
Type:Financial Service
Status:Regulated
Validity
Effective:N/A
Expires:N/A
United States
SECTier 1
United States#1634997
License Details
Type:Financial Service
License #:1634997
Status:Regulated
Validity
Effective:N/A
Expires:N/A
3
Tier 1
3
Countries
0
Offshore

Account Types

Trading account options

4 types
Basic
Standard
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Basic
Standard
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Swap-Free
Swap-Free
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Basic
Standard
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
4
Total Types
2
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

4 methods
Bank Transfer
Bank Transfer3 min
Deposit
Fee:Free
Min:USD 20,000
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Processing times may vary depending on bank and transfer type; generally available worldwide.
Credit/Debit Cards
Credit CardInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Some banks may charge processing fees; widely accepted though some regional restrictions may apply.
E-wallets
E-WalletInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Processing times vary depending on e-wallet service; popular in many regions but not universally accepted.
Local Payment Methods
Otherhours
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Availability and processing times vary by region.
4
Free Deposit
4
Instant
0
Crypto

Global Domains

Worldwide web presence

1 site
🌐
https://bgcpartners.com
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

2 platform

Corporate Network

Enterprise structure & relationships

2 entities

BGC GROUP, INC.

United States
active

Registration

5570842

Established

2021-04-20

BGC BROKERS L.P.

United Kingdom
active

Registration

LP011453

Established

2018-09-13

Comments

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