Beacon Commodities and Futures Exchange (BCFX) has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: Fax: +442080825205
Addresses: International Building Kingsway London WC28 6ST UK This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.bcfx.org.
I requested my data from Beacon Commodities and Futures Exchange (BCFX) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Multiple order types|Low minimum deposit
Cons: Currency conversion fee exists|Limited demo account features
Beacon Commodities and Futures Exchange (BCFX) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Good analytical tools|Transparent fees
Cons: Search feature is basic
I had a dispute with Beacon Commodities and Futures Exchange (BCFX) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Copy trading available|Clean UI|Social trading features|Comprehensive tools
Cons: Limited demo account features