BCS Forex: registration and personal account, conditions, real reviews

The activities of a trader in the currency, stock or other markets cannot be called simple. To make money on rate differences and price jumps for certain assets, you need to know and be able to do a lot - master terminology, analyze information from different sources, develop your own strategy for trading, and so on (the list of requirements goes on and on). A special place in the list is occupied by the development of practical experience, which is gained over months and even years of real market activity.

Beginners will ask - how to gain experience if for every mistake you are punished with a blow to your wallet?

Fortunately, for such cases, many brokers have prepared an alternative to trading with their own funds - a demo account. This is a special type of account that allows you to try out all the functionality of the broker’s software, test new strategies and experiment in every possible way in the market without risking your own savings.

The trader, in fact, is released into an environment completely identical to real conditions, but virtual money is used as an investment, the balance of which can be restored to its original value at any time. One of the best solutions of this kind, which allows you to test the MetaTrader 5 and QUIK platforms, was acquired by the popular broker company BCS. We'll talk about it today. But first, a few words about the service provider itself.

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We recommend: Full review + reviews of the BCS broker

Review of the BCS broker company

BCS is one of the most reliable brokerage organizations in the Russian Federation, regulated by the Federal Financial Markets Service and allowing clients to enter real Russian and American markets. There, users will be able to work with currency pairs, stocks, futures, bonds and other types of assets, using advanced software and a large number of free analytical materials. The portal has an official course for self-study of trading, designed for one to two months, after which a trader using a demo account will be able to move on to real trading and start making consistent money.

The company's advantages also include:

Ease of depositing funds and their subsequent withdrawal. Online systems, bank transfers, telephone withdrawal (for individuals only), deposits and withdrawals at the cash desk are available.
Special platform for options trading (not binary options).
Mobile functionality that allows active users to get free access to all services directly from their smartphone. Applications for Android and iOS adapt to the screen and other features of the devices on which they are installed.
Availability of leverage up to 1:200 with low margin requirements.

Clients can choose from several types of accounts, each of which is characterized by its own conditions - spread size, available leverage, commission fees and type of contract execution. But since you are primarily interested in a demo account with the opportunity to try yourself in real trading without the risk of incurring financial losses, let’s move on to its consideration.

All about tariffs and commissions and other BCS broker products

ACCOUNT TYPES:

Account type	Execution	Min. lot	Min. deposit	Spread type	Min. spread	Stop out	Max. shoulder
GLOBAL	Exchange	0.01	$1	Floating	1 pp	35%	1:200
NDD	Market	0.01	$1	Floating	0.2 pp	50%	1:200
PRO	Instant	0.01	$1	Fixed	1 pp	20%	1:200
DIRECT	Instant	0.01	$1	Floating	0.7 pp	20%	1:200

How to open an account?

You can apply on our website. After clicking on the link, potential investors are transferred to the official website of the investment company, where they can learn more about the conditions for opening a brokerage account, as well as complete the application. The brokerage account is opened completely remotely. The contract is concluded remotely.

After submitting an application, the client can start using a demo account while the main brokerage account is being prepared. Ready time takes 1-2 business days. To manage, the client needs to download the free BCS Online application to his mobile device. With its help, operations are completed in a few clicks. For registration, you only need a passport of a citizen of the Russian Federation or a foreign country (for foreign citizens). Each client is assigned an individual manager whose responsibilities include information support on all issues.

GENERAL CONDITIONS OF COOPERATION

The BCS Forex website is completely Russified and provides comprehensive information about the broker. According to the information posted on the resource, this trademark belongs to a non-resident company BCS-Forex Ltd, which is registered in Saint Vincent and the Grenadines. The broker does not have permits issued by the regulatory authorities of this territory or government agencies of other countries.

The company also does not have a license in the Russian Federation. BCS Forex is not a member of voluntary associations of brokers or financial commissions that would guarantee payment of damages caused to traders. Therefore, if financial problems arise, there are no legitimate tools to solve them within the framework of the legislation of any country. You will act only at your own risk.

Work in BCS Forex (BCS Forex)

Considering what BCS Forex is, the team periodically requires experienced specialists from the fields of finance, analytics, management and marketing. Since the geography of the BCS Forex company mainly extends to the CIS countries, high demand remains for employees from Russia and other Russian-speaking countries. In particular, BCS Forex vacancies are periodically published on the hh.ru portal. On many advertisements for employees, the broker indicates the address of the central office in Moscow (metro Prospekt Mira). Basic requirements for applicants –

communication skills, experience in the financial sector, confident use of office programs, higher education (preferably specialized).

It is indicated that the work schedule of BCS Forex is normalized - on weekdays from 9 am to 6 pm. The most productive employees have access to career growth and constant salary increases.

In addition to searching for a job in BCS Forex on specialized portals with vacancies, you can go to the website https://bcs.career, where you can fill out a form for an applicant of any profile. The company often needs specialists, therefore employment offers are also published in a special section. It describes in detail what the BCS Forex company does and what skills are welcome in applicants.

Deposits and withdrawals are carried out in the following ways:

To start real trading with a broker, you need to top up your trading deposit with an amount of at least 1 dollar. To make a payment, the forex broker offers several options: direct bank transfer; payment from a plastic card; payments from electronic accounts of clients of Alfa-Bank and BKS Bank banks; transfer from payment systems Yandex.Money and Qiwi.

The terms for crediting funds range from instant to 2-3 business days. Moreover, for making payments in most cases a commission of 2.5 to 3.5% is charged.

To withdraw profits, the same methods can be used as for replenishing a deposit. Receipts of funds may take up to 3 business days. A commission of 1.5 to 2.5% is charged for transactions.

Registration and personal account

To log in to the system for the first time, you need personal (passport) data, phone number and e-mail.
To open an account, you need a scanned copy of your passport, email address and phone number for confirmation via SMS.

The registration process takes no more than a minute. You will then be able to log into your personal account to have access to the following features:

opening a trading or training account;
replenishment of deposits and withdrawal of funds;
analytics and trading signals;
bonus promotions, cashbacks and trading competitions.

ACCOUNT OPPORTUNITIES

for trading on the BCS Forex :

Global. This is a standard account for making money on price fluctuations of more than 330 different assets. The company offers minimum market spreads and exchange execution mode. Trading is carried out in the MT5 terminal.
NDD. An account with a market type of execution of orders for opening trading positions. BCS Forex guarantees fast order execution and minimal spreads. This account is recommended for professional traders. A commission of 0.003% of the amount is charged for transactions. 41 currency pairs available.
Pro. Classic trading account with fixed spreads of 1 pip. Trading on 130 financial instruments is possible using the MT4 terminal. Execution is instantaneous without bringing the transaction to the international market.
Direct. An account for direct access to liquidity and trading providers without paying commissions. Spreads are floating from 0.7 points. Instant execution. There are 135 financial assets available, including currency pairs, crypto assets and CFDs. MT5 terminal.

FinamTrade

Rating on Google Play 4.3 (10.6 thousand ratings), 100,000+ installations

Number of clients: almost 32 thousand active (239 thousand open accounts)

Available platforms: MICEX, St. Petersburg, for qualified investors - NYSE, NASDAQ.

Two things you need to know about the Finama mobile app: it looks luxurious and it loves its trading users. There is almost everything for them here: charts, time frames, limited orders, order book and, most importantly, a large selection of options to customize all this abundance “for yourself.”

Bond investors and dividend aristocrats may feel shortchanged because there are no issue descriptions, coupon information, or dividend calendar.

What can you buy in the app?

Clients can buy stocks (Russian and foreign), bonds, currencies, futures and options, funds and ETFs.

How to open an account

An account can be opened through the website or mobile application using a State Services account. IIS is opened simultaneously with a brokerage account.

What are the commissions?

If our conditional investor opens a brokerage account through the website for the first time, he will be able to activate the “Unified FreeTrade” tariff, which allows him to purchase assets on the stock market of the Moscow Exchange without a broker’s commission (depository fee - 177 ₽ per month of transactions). Purchases can only be made through the mobile application. The Moscow Exchange commission will be 10 rubles. Total annual expenses - 718 ₽.

You can download the application from the link

ADDITIONAL FEATURES

Several additional tools are available on the site, which BCS Forex offers to use to increase the success of trading in the foreign exchange market. Economic calendar. It contains schedules for the release of important economic indicators and their impact on asset prices. Forex market reviews and forecasts. The broker's analysts share their forecasts regarding changes in quotes for various assets. Reviews from Konstantin Bochkarev. This is a well-known trader and analyst who makes forecasts on the movement of asset charts in the near future.

Bonuses at BCS Forex

The Forex operator has developed an expanded loyalty program that allows you to not only increase the amount of your deposit with the accrued bonuses, but also even travel. By receiving additional points for activity, users will be able to spend them on purchasing air tickets and booking accommodation abroad.

But these conditions are relevant only for those clients who have opened an account with a brokerage company for an amount of $20,000 or more. After activating your account, you will need to register in the OneTwoTrip system and send a request to connect to VIP status.

Available privileges:

1 lot is equal to 100 points.
Improved swaps up to 30%.
Unlimited number of orders.
Personal manager.

The higher the initial deposit, the more additional privileges are offered to the company's client. The points you receive can be spent directly on the broker’s website, ordering tickets and booking hotels.

INVESTMENT SERVICE

There is no information on the BCS Forex website about the possibility of investing in currency trading on the international market in order to receive passive income. However, it can be replaced by the service of automatic trading using signals in MT4 or MT5 terminals.

The scheme is as follows:
Choose a suitable trading strategy and subscribe to it. All trading signals are accompanied by statistical calculations and charts for ease of selection.
Transactions of successful traders using this strategy will be automatically transferred to your trading account with the specified parameters;
You only pay the agreed price for subscribing to signals; there is no commission from the broker for automatic trading.

BCS Forex Affiliate Program

The BCS Forex affiliate program is aimed at attracting new users for those who have an active profile on a social network, who are a webmaster or own their own Internet resource. You can earn money by connecting referrals as follows:

Up to 50% of the spread	Up to 50% of commission
The partner receives from 30% to 50% of the spreads that were paid by connected referrals. Formula: [Spread] * [Pip Value] * 50% (Reward)	The partner receives from 30% to 50% of the commission paid by connected referrals. Formula: [Trading turnover] * [Commission for a full transaction cycle] * 50% (Reward)

Payment of income under the affiliate program is carried out to the main account with the possibility of withdrawal to any electronic wallet or bank card.

Structured Products

Structured products from BCS allow you to get a profit greater than a standard bank deposit can provide, while maintaining the risk at an acceptable level. The key feature of this type of investment is that most of the funds are invested in any instruments with a guaranteed income, and some in riskier ones. Due to this, more income is achieved.

At the same time, by changing the ratio of investments with guaranteed income and risky investments, you can adjust the risk in any range . The example shows how, due to insurance against the fall of the ruble using a structured product, the profit received is significantly greater than with a deposit in a bank.

You can invest in both rubles and dollars, and you can use either a ready-made structured product or create your own, tailored to your needs. BCS analytics can help when compiling a structural product.

Alternatives

Reliable Russian brokers

Name	Rating	pros	Minuses
Finam	8/10	The most reliable	Commissions
Opening	7/10	Low commissions	Imposing services
BKS	7/10	The most technologically advanced	Imposing services
Kit-Finance	6.5/10	Low commissions	Outdated software and user interface

Here are the best Russian licensed brokers.

Rating

BCS Broker is one of the top licensed brokers in Russia and confidently takes its place in this niche.

Let's look at the company in numbers:

More than 3.8 million clients,
87 offices throughout Russia,
Number of employees more than 5000,
Own assets are more than 33 billion rubles.

Providing access to most of the world's stock markets makes partnership with the BCS broker more attractive. Investors also have access to individual investment information, trust management, corporate services for legal entities and much more.

License

License No. 154-04434-100000 dated January 10, 2001, issued by the Federal Financial Markets Service (Federal Service for Financial Markets of Russia), the validity period of the license is unlimited.

Having a license from the Russian Federation guarantees that the broker operates within the framework of current legislation.

The company does not have a forex dealer license, so the BCS broker does not provide the opportunity to trade on forex, but you can make money on currency exchange.

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