About Us
BKS is a Russian commercial bank providing banking and brokerage services. The 25 years of experience have greatly influenced this representative: it has obtained licenses from the Central Bank of the Russian Federation, developed online applications, introduced favorable conditions, and launched round-the-clock support. Service clients can apply for cards, loans, and deposits, invest in stocks, bonds, shares, and trade on Russian and foreign exchanges.
Contacts
BKS Premier is part of LLC “Company BKS,” founded in 1995 in the Russian Federation. The organization holds a brokerage license issued by the FSFR. It is stated that only qualified investors are allowed to work with structured products. During its operations, the intermediary has created 111 branches throughout the Russian Federation. Contact information for company representatives includes three phone numbers for calls from Russia, internationally, and for fax, main office addresses, a form for sending messages from the website, and links to the brand’s social media accounts.
Trading Conditions
The size of the brokerage service fee, trading conditions, the availability of options, and accessible markets at the intermediary depend on the client’s chosen tariff. The website presents only 4 such offers:
- Investor. The first service package is suitable for traders with a monthly trading volume not exceeding 500,000 rubles. It provides access to the stock, futures, and currency markets, to the Moscow, St. Petersburg, and other international exchanges. The commission is 0.1% of the daily turnover of funds.
- Investor Pro. The next tariff differs in the commission for the daily turnover of funds (ranging from 0.015% to 0.3% depending on the account size) and the presence of a monthly subscription fee of 299 rubles. Other conditions are identical to the previous package.
- Trader. The conditions of this package include a 0.015% commission depending on the trading volume across all platforms (for active clients trading on multiple platforms), a monthly subscription fee of 199 rubles, access to the currency, futures, and stock markets, and the ability to receive a loan at 16.75% per annum.
- Trader Pro. The last tariff differs in floating commissions, which decrease with increasing trading volume and can reach up to 0.015%. The fixed fee for using the package is 299 rubles per month. The client gains the opportunity to trade on Russian and foreign exchanges.
Account Funding and Withdrawal
Funds can be deposited into the system through the BKS bank cashier, through the company’s online banking, as well as by payment order through any other bank and cards of another payment system through the “My Broker” program (the commission for the latter method will be 2.5%). Clients can withdraw money through BKS Online, the broker’s application, the QUIK platform, via a phone call to the bank, through a fax, and by submitting a request at a BKS Premier branch. Limits, commission sizes, and minimum withdrawal amounts are unknown.
Conclusion
BKS Premier is known in the Russian Federation as a reliable bank with excellent conditions. The brand is popular due to providing access to investment. Low commissions, a wide range of tools, hundreds of offline offices, and a license from the Central Bank of the Russian Federation are what sets the broker apart from others. Despite all its advantages, we still recommend approaching the intermediary with caution and consulting with financial experts before deciding to collaborate.