BCS

BCS was founded by BCS Company LLC in Russia in 1997. It offers various trading assets, including Stocks, Mutual funds, Currencies, Bonds, Futures and Precious metals. However, it is not regulated currently.

Pros and Cons

Is BCS Legit?

BCS shows it is licensed for brokerage activities at No. 154-04434-100000 and issued by the Federal Financial Markets Service. However, there are no results about it on the website.

What Can I Trade on BCS?

BCS provides over 20000 trading assets, including Stocks, Mutual funds, Currencies, Bonds, Futures and Precious metals.

Account Type

BCS offers two account types: Investor tariff and Trader tariff. Besides, the demo account is also offered.

Commission

For private clients, BCS's commission for Trader tariff is 0.01%, and the other Investor tariff's commission if 0%. For business, BCS's commission for Investor is 0.15%, and trader as the same as private clients.

Trading Platform

Deposit and Withdrawal

There are no withdrawal fees for rubles in any bank. If withdraw in BCS bank, it needs 0.0708% when currency is up to 300000000, 0.0295%, when currency is between 300000000 and1000000000,0.01416% when currency is from 1000000000 or +4% when withdrawing Chinese yuan.

Customer Service

The Bottom Line

In conclusion, traders should take all factors and risks into consideration when choosing brokers. Though BCS offer multiple trading assets and low minium deposit, it is not supervised by any financial authorities. Besides, it also lacks transparency that many details of fees are obscure.

FAQs

Is BCS safe?

No, it is not regulated.

Is BCS a good for beginners?

No. It is not safe.

Does BCS truly offer commission-free trading?

No, only Investor tariff's commission is free.