FAQs


  • How to open an account ?

    Opening an online trading account is simple; you will have to open an account in BCT Securities:

    1. Contact us by email, chat or phone or come to our offices.
    2. Fill and sign the account opening  forms we will provide you with and send it by fax or scanned by E-mail with the following documents:

       a. Personal account:

    • Copy of 2 Personal Identification Documents (or passport)
    • Banking reference letter valid for 1 month from the date of shipment or local or international investment account statement
    • Copy of a water, electricity, telephone bill or copy of driver license

       b. Corporate Account:

    • Copy of the Articles of incorporation of the corporation
    • Copy of the Public Registry certificate of the Corporation
    • Copy of the General Resolution of the Board of Directors Affidavit of Shareholders Meeting
    • Copies of valid IDs of the Board of Directors
    • Copies of valid IDs of the holders of the investment account
    • Banking reference letter valid for 1 month from the date of shipment or local or international investment account statement
    • Copy of a water, electricity, telephone bill or copy of driver license
    • Proof of Address (copy of electricity, water, or telephone bill)

    3.Once the account is approved, you can transfer your funds and you will be ready to start trading.

  • How to access your funds?
    • If you have an account in BCT Bank, you can easily transfer your funds and access them within a day after trade settlement plus three working days
    • If you don´t have an account in BCT Bank, you can transfer your funds to any other bank account under the same name of your investment account (no third parties are accepted). International transfers may take 2  to 3 working days after trade settlement plus three working days
  • What benefits can I get by also having an account with us?

    You can easily and quickly access your funds by transferring your money from your account in BCT Securities to your checking or saving(s) account in BCT Bank free of charge

  • What is the minimum account size?

    The minimum funding requirement to open a BCT Trader account is USD$10,000. (ten thousand united states dollars)

  • Can I open an account as a corporate entity?

    Yes, you can but you will be asked for the documents for opening corporate accounts

  • Is BCT Trader Regulated?

    Yes, BCT Trader belongs to BCT Securities, which is regulated by the Superintendencia del Mercado de Valores de Panamá under Resolution CNV 13-07 of January 11, 2007.

  • Do you have to be physically present to open an account?

    No, you can open an account in BCT Securities by sending the documents properly notarized and get the apostile.

  • I am a citizen of the United States. Can I open an account with BCT Securities?

     Yes, you can. However, BCT Securities will be FATCA compliant.