BKS
Starting in 1995, the brokerage firm “BCS World of Investments” has been actively involved in trading on the Moscow Exchange and international platforms, as well as on the St. Petersburg Exchange. Providing professional support to traders, the broker acquires and executes stocks, bonds, futures contracts, and currency upon their requests. The company charges fees in accordance with its tariffs for these services.
According to information provided on the MOEX website, the broker currently serves over half a million clients. Additionally, “BCS World of Investments” is part of the BCS financial group, which also includes BCS Premier, the BCS educational center, and BCS Bank. The company holds an unlimited license for brokerage activities. On the official website, one can find contact numbers for technical support, email addresses, and a chat for quick communication.
Trading Conditions of “BCS World of Investments”
The broker’s services are divided into two main categories: independent investments and deposits with professionals. Additionally, the company offers services for opening brokerage accounts and Individual Investment Accounts (IIAs).
To start trading, one must open a brokerage account, which can be done either at the company’s office or online. This requires the client’s contact information and a scanned copy of their passport.
“BCS World of Investments” offers 4 tariff plans with a single account, allowing simultaneous trading on the Moscow Exchange, St. Petersburg Exchange, international exchange, OTC securities market, and Frankfurt Exchange.
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Investor – for clients with turnovers up to 500,000 rubles. Futures contracts on the Moscow Exchange cost 3 rubles, and the fee for other platforms is 0.1% of the transaction amount.
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Trader – for traders working on multiple platforms simultaneously. A monthly fee of 199 rubles is deducted from the account. The trading fee on the stock and currency markets of Moscow and St. Petersburg varies from 0.05% to 0.025% (depending on the turnover).
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Investor Pro – for traders with assets up to 900,000 rubles. A monthly fee of 299 rubles is charged, and the commission on the MOEX stock market ranges from 0.30% to 0.1% (depending on the asset size).
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Trader Pro – for active clients working on specific platforms. The monthly fee is 299 rubles. The fee on the MOEX exchanges ranges from 0.0055% to 0.3% (depending on the turnover).
The company also offers a range of other tariffs:
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Various strategies for stock trading (US financial strategy, Model portfolio for Russia, Model portfolio for the US, and currency strategy), where profitability and risks depend on the chosen strategy.
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Personal broker with a minimum deposit of 3,000,000 rubles, and a transaction fee from 0.2% to 0.236%, as well as 1% annual fee on assets for assistance.
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The opportunity to trade Eurobonds with a commission of 0.15% and $23.6.
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Advisor Broker – a capital management consultant with a minimum deposit of 6,000,000 rubles, and a commission from 0.3% to 1.5% annually.
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Individual Investment Accounts with a minimum investment term of 3 years and a maximum annual contribution of 1,000,000 rubles.
Account Funding and Withdrawal from BCS Broker
For client convenience, the company offers various ways to fund accounts: bank transfer, cash, and card transfer through the application. There is a withdrawal fee depending on the chosen tariff plan. To withdraw funds, a withdrawal request must be submitted in the client’s personal account.
Conclusion
Prior to starting trading with “BCS World of Investments,” it is recommended to thoroughly review all available information, especially broker reviews. Additionally, seeking advice from an independent financial expert is advisable to assess all pros and cons and ensure the safety of trader funds.
Your performance as a broker has been unsatisfactory and disappointing.