Trade with a Market Leader
The currency market is huge with an estimated USD 4 trillion traded every day. Far larger than both the Stock and Futures markets combined, there are many reasons to trade the Forex markets with BCT Trader, including:
- Extensive FX product coverage. Over 180 Forex currency crosses - trade FX on Spot, Forward Outrights, Vanilla Options, Binary Touch Options and more.
- Transparent pricing and order execution. We provide complete transparency to our competitive spread and we are proud to show our superior order execution stats.
- Award winning platform. No other online Forex trading provider has won as many industry awards for their online FX offering as BCT Trader.
Excellence in Trading
BCT Trader platform combines flexibility and focus, enabling Forex trading in a multi-asset environment with global market coverage – all from a single platform. A wealth of market information is on offer, along with all the tools needed to act on that data and trade successfully.
Trade Precious Metals online with BCT Trader
BCT Trader offers an impressive 15 FX crosses in precious metals. Gold, Silver, Platinum and Palladium are available as spot traded commodities, ideal for both long and short-term speculative trading.
Spot Gold and Silver can be traded versus US Dollar, Euro, Japanese Yen, Australian Dollar and Hong Kong Dollar. In addition, Gold can be traded against the Ruble. Platinum and Palladium both trade against the US Dollar.
Consider the power of precious metals trading to:
- Diversify an existing FX portfolio
- Trade long or short on live streaming prices
- Leverage your investment up to 50 times
- Trade from 1 ounce an up with all advance order types available
Trading Forward Outrights online with BCT Trader
With online Forward Outrights, traders can:
- Hedge commercial risks to offset exchange rate fluctuations for a foreign currency transaction at some date in the future.
- Take advantage of interest rate differentials between two currencies.
- Access a wide range of Forward Outrights on live tradable prices available throughout BCT Trader platforms.
- Select any value date up to six months (forward/ahead) (including broken dates).
- Trade Forward Outrights from the same trade module as spot by simply changing the value date to the desired date.
What is Forex trading?
Forex trades include a combination of two currencies (called a cross or currency pair) in which one currency is bought (long) and the other is sold (short).
A trader speculates on the prospect of one of the currencies appreciating in value in relation to the other. A successful trade correctly anticipates the fluctuation in exchange rate between the currencies.
Forex is traded on margin
The industry practice is to trade FX with leverage (compared to e.g. Stock trading) as currency exchange rate fluctuations tend to be relatively small even on volatile days. When opening a position the trader only places a small amount (called "margin") of the total nominal value of the position. Margin trading allows traders to buy and sell positions that have a greater value than the capital in their account.
Margin Trading carries a high level of risk to your capital with the possibility of losing more than your initial investment and may not be suitable for all traders. Ensure you fully understand the risks involved and seek independent advice if necessary.