Score

1.51 /10
Danger

BCS

Suspicious Regulatory License

High potential risk

AA

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Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.01

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-14
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

BCS · Company summary
BCSReview Summary
Founded1997-08-19
Registered Country/RegionRussia
RegulationNot regulated
Market InstrumentsStocks, Mutual funds, Currencies, Bonds, Futures, Precious metals
Demo Account
Trading PlatformBCS Web
Min Deposit0
Customer SupportPhone: +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.

BCS' homepage

Pros and Cons

Pros Cons
Multiple trading assetsNot regulated
Demo accounts offeredLimited 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.

No license
Domain information

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 TypeMinimum Deposit
Investor tariff / business0 ₽/month
Trader tariff/ business299 ₽/month
Account comparison

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 PlatformSupported Available Devices Suitable for
BCSWeb, IOS and AndroidExperienced 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
Email
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.

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