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Pros

Wide range of trading options and assets available.
User-friendly trading platform with advanced tools.
Potential for high returns with leveraged trading.

Cons

Lack of regulatory oversight raises concerns about safety.
Mixed reviews regarding customer service and support.
Withdrawal issues reported by some users, indicating potential reliability problems.

BCP broker Accounts

BCP Account Type

Banco de Crédito del Perú (BCP) offers a variety of account types to cater to different customer needs. The main types of accounts available include:

  • Savings Account: This account serves as a deposit for immediate resources, allowing customers to store their operations in a notebook.
  • Digital Account: Customers can open this account without a minimum deposit and conduct transactions through internet banking, mobile banking, and ATMs.
  • Prize Account: Users can participate in draws with a minimum monthly balance of 900 soles (approximately $300) and have the chance to win significant cash prizes.
  • Unlimited Account: This account allows for unlimited transactions at no additional cost.
  • BCP Salary Account: Designed for salary reception, this account offers discounts in various establishments and a salary advance option.
  • Account With You BCP: Customers can link this account to an existing BCP account for unlimited withdrawals across all channels.
  • BCP Checking Account: This account allows for multiple transactions, with up to 8 counter transactions free each month.
  • CTS BCP Account: Users can access 100% of their CTS that exceeds four times their last gross salary without a minimum deposit.
  • BCP Broker Account Opening Process

    Opening a broker account at BCP involves several steps:

    • Eligibility: The applicant must be physically present to open the account.
    • Documentation: Required documents include:
      • A copy of a valid DNI (for Peruvian citizens) or a valid passport (for foreigners).
      • A utility bill (water, electricity, etc.) as proof of residence.
      • A letter from a bank business officer if applicable.
      • Account Application: Fill out the account opening request form, which can be downloaded from the BCP website.
      • Submission: Submit the completed form along with the required documents to the nearest BCP agency.
      • Account Activation: Upon approval, the account will be activated, allowing the customer to start conducting transactions.
      • For more detailed information, visit the BCP website or contact their customer service.

BCP accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
BCP Account