BGC Brokers

( 1.56 )
16 reviews
Suspicious
This company shows several warning signs of potential fraud.
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Key Highlights Critical Insights
Pros|Cons Details FAQ Reviews Broker Profile
Pros
7-language interface
Cons
The firm operates illegally.
Unprofitable CFD trading.
Operating period of less than 1 year.
Risks of loss with leverage of 1:1000.
Unrealistic promises of income up to 1000%.

Company Background

The project’s founders did not specify the start date, nor the names of the managers and team. In addition, the legal address of the company is also missing, but the user agreement states that the firm operates under the laws of England. Meanwhile, the organization only mentions having an IFSC (Belize) license.

We will examine whether risks and possible losses are hidden behind this firm’s tempting offers of cooperation. Join our BGC Brokers review to find out all the details of the broker.

Overview of Services and Trading Terms

The company calls itself the best trading project that attracts the interest of investors all over the world. According to the site’s information, BGC BROKERS L.P. was founded by financial experts and the team has “decades of combined experience” in financial technology. On top of that, the broker has its own platform that can be downloaded to a PC or opened in a device’s browser.

The intermediary offers clients to invest in PAMM and ForexCopy services, which supposedly provide annual “returns of up to a thousand percent.”

You can trade on crypto, Forex, and other markets using more than 100 trading instruments. You can choose from 5 account types ranked by the minimum deposit amount – 5K/10K/20K/50K/100K USD. However, the FAQ section specifies an entry amount of $250, which is applicable on most plans. Still, the trading leverage is too high, from 1:1 to 1:1000, although the tariffs for all accounts specify up to 1:100.

It is worth noting that BGC Brokers has no commission fees, and spreads are from 0.1 points. Therefore, the only way for a broker to make money is through client losses. Finally, swap-free accounts and negative balance protection are available on this platform.

Referral and Bonus Schemes

The broker does not offer an affiliate program to promote the project. As for promotions, BGC Brokers demonstrates a bonus system that provides rewards from 30% to 100% of the deposit amount. For example, welcome bonuses increase the client’s balance by up to $1,000. Although the broker promises to credit the bonuses automatically to the user’s trading account, the rules for their use are not clear. However, you should keep in mind that these bonuses are usually limited to the trading volume, and the conditions for receiving them may be impossible to fulfill and contain a ban on withdrawing the deposit.

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FAQ

Is there any income guarantee when trading with bgc-brokers-lp.com?

The broker offers passive income when investing in the PAMM system up to 1000% per annum. However, the company does not provide clear profit guarantees.

What sum is necessary to begin dealing with BGC Brokers?

You need to deposit at least $5,000 to start trading on the basic tariff. Meanwhile, in the FAQ section, the company lists a starting amount of $250 that is required to open an account. That is, the terms and conditions we took from the official website are quite contradictory.

What deposit and withdrawal methods are available?

Payment methods include credit/debit cards, E-wallets, bank transfers. Please note that users mention cryptocurrency wallets in their reviews, but chargeback is not possible in them, as such an operation is not supported by the blockchain.

Is bgc-brokers-lp.com a legitimate website?

According to the site owners, this broker is regulated by the Belize Commission. However, we conducted a check and found out that our hero is absent on the IFSC portal. So, this resource works illegally.

Is it like roulette with no guarantee of earning money?

The risks of losses are high, as this intermediary is interested in clients' losses. Because the platform earns when users lose money. Keep in mind that a leverage of 1:1000 allows you to zero out your account in an instant.
Michael Glaz - Author on scamroulette.com
Michael Glaz

BGC Brokers mentions that this project operates under the laws of England. I checked the British Companies House register and also the FCA. Surprisingly, the organization with this name has existed since 2006. However, these are different companies, which even have different official websites: bgc-brokers-lp.com, which we looked at, and bgcg.com. Moreover, our review’s hero’s domain was registered in June 2024. That is, this illegal broker covers itself with the name of another company, as scammers often do.

Overall Score

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1.56/5
OVERALL

Based on 16 votes

16 reviews about BGC Brokers

  • Lindsey
    1 review
    14.06.2025 05:22
    The platform sucks

    The terminal slows down and the managers don’t want to do anything about it, I’ve never seen such ugliness at other brokers!

  • J. Porter
    1 review
    09.06.2025 19:02
    My negative review about the company

    I worked with this broker from November 2024 to March 2025. Meanwhile, I did not like the attitude of the analyst from the very beginning – he behaved very brazenly, called and imposed daily, used manipulations. And then he said that if I didn’t replenish my balance by $10,000, my account at bgc-brokers-lp.com would be blocked, and that’s exactly what happened.

  • Rosie
    1 review
    03.06.2025 22:07
    Trading conditions are unacceptable

    The minimum amount of starting capital to open a standard account is $5,000, which is a strict requirement, as this amount is not suitable for everyone. Accordingly, BGC BROKERS does not have a trust management or cent account.

  • Jane Moreno
    1 review
    26.05.2025 03:00
    It's hard to decide to cooperate

    I have worked with them for a short time and I still have some impressions, but I can’t say if they are good or not. Of course, I have no complaints about trading, although the terminal works sometimes unstable, sometimes the platform becomes slow and orders are not closed normally, but it happens not so often. I would like to note that spreads and commissions are mostly small at BGC Brokers, but for some assets they can be too high and reach up to 9%. Support service seems to be available, but it is not very competent: sometimes the operators answer quickly and to the point, but sometimes you have to wait 40 minutes before they answer you, moreover, the answers are unreliable, and it is better to look for them in Google. Honestly, I wouldn’t recommend BGC Brokers, but I wouldn’t warn you against it either – try it for yourself, as the minimum deposit here is only $250, and decide for yourself. Anyway, I’m still working here and no one has blocked my account, although there are many brokers that block instantly as soon as you deposit money into your account.

  • Armando G.
    1 review
    10.05.2025 18:11
    The terminal is well suited for intraday trading.

    I use this terminal exclusively for placing orders and setting stop loss and take profit, and BGC BROKERS copes with these tasks perfectly. I earned about 20% of my deposit in the first week of trading, which, frankly, pleasantly surprised me. Maybe it’s a lucky series of trades, or maybe it’s true that BGC BROKERS does have a more comfortable environment than many other platforms.

  • Salvador M.
    1 review
    28.04.2025 15:21
    I regret getting involved in this scam

    BGC Brokers “platform” is the worst fraud I have ever encountered. Everything is cool at first, they promise high profits and user friendly interface. But as soon as you start withdrawing money, all sorts of additional conditions start: pay for verification, wait 10 days. Of course, the money never came. I tried to contact the BGC Brokers support team… but it’s useless. I lost $7k. Don’t fall for this crap.

  • Mr. Lawrence
    1 review
    19.04.2025 05:45
    Reputation at the lowest level

    I decided to check the information about BGC BROKERS before starting cooperation with this project. It was very good that I thought about security. So, I found out that the reputation of the company is absolutely negative, and among the reviews of their clients there is solid negativity. Naturally, you can’t work with such a broker when it is clear that they have cheated a lot of people.

  • William Wells
    1 review
    17.04.2025 22:21
    Don't fall for these scammers!

    Everything started well. Managers promised “automatic profit”. However, as soon as I tried to withdraw the money, the problems started… Withdrawal request was suspended for two weeks… then I was kicked out of the cabinet. I asked for support and silence in response ☹️ $12,360 just disappeared on bgc-brokers-lp.com

  • Hodge
    1 review
    16.04.2025 05:41
    They completely discouraged me from working in the forex market.

    At the time I opened my account they had a minimum entry of $250, anyway I funded it. The next day I went to my profile and didn’t see any money, I wrote to support and they said I need to top up because the commission was charged for some action… and now I don’t have enough money to work at bgc-brokers-lp.com… this is just a rip-off!

  • Mary Carroll
    1 review
    10.04.2025 05:20
    It is not always comfortable to work here

    The broker has occasional crashes and slippages in the terminal, I would not advise you to contact this company

  • Roberto
    1 review
    04.04.2025 11:52
    This is a disgusting website!

    The platform is very slow, quotes come with a delay of up to 20 seconds!!!

  • Carol H.
    1 review
    04.04.2025 05:13
    The trading terminal works stably, without failures

    At first glance Bgc brokers seemed to me a reliable intermediary, to whom you can entrust your deposit without unnecessary worries. To begin with I invested €5K and started trading with minimal volumes to test everything 🙂 Now I increased my account because everything is going smoothly without any unpleasant surprises

  • Delmar2001
    1 review
    20.03.2025 21:25
    THEY ARE SWINDLERS!

    They rejected my withdrawal request and then blocked my account with £2.7K! You can’t expect to make a profit – the quality of the terminal is terrible! What a shame that I only realized after this scam that I had mistaken these swindlers for a real broker!!!

  • Gina Miller
    1 review
    19.03.2025 07:47
    I have lost over $11.8K here

    I had the most horrible experience trading at this dump. I do not advise anyone to contact them

  • Daniel Bennett
    1 review
    12.03.2025 17:19
    The trading conditions are terrible

    I have only negative experience with bgc-brokers-lp.com. They simply refuse to process withdrawals…

  • Barnett
    1 review
    09.03.2025 02:30
    Absolute deception!!!!!

    All negative reviews are 100000% true about bgc-brokers-lp.com. In fact, they are scammers, they first put a million conditions for me to make profits, and then they blocked access altogether. There is zero support. The devils are brazen!!! I thought I misunderstood the scheme of work in the beginning, but now I know it’s a scam and no one can withdraw money from here!! Now I will avoid platforms like bgc brokers

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Broker Profile

License
No
Leverage
1:1000
Demo account
Yes
Order Execution Model
DD
Minimum deposit
$250
Trading Platforms
Basic, Mobile compatibility
Leverage Options
High leverage (e.g., 1:500)
Spread and Commission Structure
Tight spreads
Range of Instruments
Moderate range
Customer Support
24/7 support
Regulatory Status
Not regulated
Account Types
Limited account types (only two or three options)

Why you can trust reviews about BGC Brokers

  • Our report includes a comprehensive look at the company and information on its background.
  • We pay close attention to what people are saying about companies. Each comment is moderated and checked for spam.
  • We reject dishonest practices to create a favorable image. Paid reviews, boosted ratings, and comments from the same IP address are banned or marked in a special way.
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