Company Profile
Company Profile
Review summary
| BCSReview Summary | |
| Founded | 1997-08-19 |
| Registered Country/Region | Russia |
| Regulation | Not regulated |
| Market Instruments | Stocks, Mutual funds, Currencies, Bonds, Futures, Precious metals |
| Demo Account | ✅ |
| Trading Platform | BCS Web |
| Min Deposit | ₽0 |
| Customer Support | Phone: +78800100-55-44 |
| Address: г. Москва, 129110, проспект Мира, д.69, стр 1, 1-й подъезд | |
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
| Pros | Cons |
| Multiple trading assets | Not regulated |
| Demo accounts offered | Limited information |
| Limited contact methods |
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.
| Tradable Instruments | Supported |
| Stocks | ✔ |
| Mutual funds | ✔ |
| Currencies | ✔ |
| Bonds | ✔ |
| Futures | ✔ |
| Precious metals | ✔ |
| Options | ❌ |
Account Type
BCS offers two account types: Investor tariff and Trader tariff. Besides, the demo account is also offered.
| Account Type | Minimum Deposit |
| Investor tariff / business | 0 ₽/month |
| Trader tariff/ business | 299 ₽/month |
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
| Trading Platform | Supported | Available Devices | Suitable for |
| BCS | ✔ | Web, IOS and Android | Experienced traders |
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
| Contact Options | Details |
| Phone | +78800100-55-44 |
| ❌ | |
| Support Ticket System | ❌ |
| Online Chat | ❌ |
| Social Media | Twitter, YouTube, Telegram, Ok, Vk, Bcs |
| Supported Language | Russian |
| Website Language | Russian |
| Physical Address | г. Москва, 129110, проспект Мира, д.69, стр 1, 1-й подъезд |
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.
