BCR Broker Reviews and Full Information

What is BCR?

BCR (also known as Bacera is an incorporation of an Australian brokerage services firm that was established in 2009 to be an CFD trading service with the intention to focus on the customer's requirements in order to be successful. This is why BCR provides a robust trading platform that permits quotes to be analyzed, and strategies to be developed in real-time, without the intervention of dealers.

Additionally the BCR kept a basic account feature that can be improved by reports or statistical information, and also allows for the stability of trading environments, which is a essential element when it comes to the trading. 

BCR Pros and Cons

BCR is among the most respected Australia regulators with simple account opening and excellent trade conditions in CFD trading. They offer excellent trading platforms and high-quality research, analysis of market trends, and support services.

On the other hand, trading instruments are restricted to CFDs and the educational materials aren't very thorough for beginners to trade.

10 Points Summary

Is BCR an authentic company or a scam?

Yes, BCR is not a scam , it's a registered and regulated business with top-of-the-line licenses and high risks CFDs trading.

BCR is a trading mark associated with Bacera Co. Bacera Co that is licensed and is regulated through The Australian authority ASIC as well as an official part of the Financial Ombudsman Service. Registration in Australia is utilized to Bacera Co Pty Ltd authorized ABN 87 130 877 and AFSL 328794. in addition to AFSL 328794.

In light of the regulations of BCR, BCR considered a safe trading broker, also offering the protection of funds with a variety of ways to guarantee the safety of its customers. The funds you deposit are kept separate in all times by an elite Australian bank, as well as an unbeatable protection system and numerous requirements in the form of audits. Furthermore transactions are completely secured by encryption and also every transaction you make that's crucial to your safety.

Leverage

With BCR You'll have the option of choosing leverage from 1:20 up to 1:400 which is generally regarded as as high-leverage. Leverage is an effective tool, but you must be aware of how to utilize it effectively. There are numerous discussions on leverage and the majority respected authorities have drastically reduced the ratios.

However, Australian ASIC still allows the use of high leverage for retail traders, giving you the possibility of doubling the potential profits and is an advantage.

Instruments

A broad range of CFD options include Shares, Indices, Commodities, Oil, FX, Precious Metals and Cryptocurrenciesand other. The trading process itself is carried out via the model of over-the-counter and execution is fast and quick, and is measured in milliseconds.

Types of accounts

BCR provides three types of accounts which meet the needs of different customers for different requirements. BCR Account offers access to MyBCR The web-based portal for accounts that includes account management options like withdrawal or deposit requests, record maintenance and a messaging system for customer service. Additionally, after the trading account has been funded, you might even have the chance to take home one of the prizes that the BCR frequently awards in its numerous promotions.

When you first sign up you will be able to choose to open a Demo account, which can be a risk-free option for trading during the trial period. Then, once you're ready to start trading live,

Fees

BCR account feature allows you to choose between two pricing options for accounts which are either the standard wide spread or spreads ranging from 0 percent plus the commission that is that is paid per round. Additionally, traders that adhere to Islamic law are able to open accounts that are swap-free in addition. The full fees and the comparison with other brokers can be found in the table below.

Spreads

Spreads for BCR differ based on the type of account you trade on, as an example, you could look at the table below for an averaged spreads that are starting at zero pip. Always take into consideration rolling over or overnight fees as a fee to be borne by the open positions over the course of a day, at -2.5 percentage for short and 2.25 percent for long-term positions. Also, you can look at fees with another well-known brokerage ACY Capital.

What deposits and withdrawals Bacera utilizes?

To open the account and begin trading live you have the option of banks wire transfers or credit card payment and union payment options. The process for withdrawing money is relatively simple one and can be completed through the request for account by the customer.

Minimum deposit

For the minimum amount to deposit, BCR requires 300$ to start any account you want to use and is a standard amount that allows traders of all levels to participate with ease.

Minimum deposit for BCR, vs other brokers

Withdrawal

BCR is not liable for any additional fees internally for deposits or withdrawals. withdraw options are broad and include the majority of commonly used Bank wires as well as Credit Cards. Yet, any international fees for telegraphic transfers will be charged to the customer or any other charges imposed by your provider. It is entirely your responsibility to pay for these charges.

Trading Platforms

BCR put technology at the forefront as an advancement, and therefore created it's its own platform for trading, which received numerous accolades for its performance that is built on metaTrader4 program. Lower transaction costs mean also the opportunity to try various trading styles, while BCR traders were able to utilize any strategy that is suitable that is suitable, including EAs and scalping.

The platform itself is equipped with strong charting tools, many indicators and tools that help in the process of trading.

Overall, in BCR Review or Bacera Review the broker's platform Trader offers advanced features with a simple interface, and the capability to configure the platform either via it's desktop or mobile applications that can be used on mobiles or tablets.

The applications designed are compatible for all devices, whether iOS or Android and offer amazing functionality while on the move and allows complete management to manage trades through the account.

Customer Support

In addition, BCR offers excellent service, because it recognizes the importance of customer satisfaction. It is only through the established customer's 24/7 service it can address client's requests and problems. Furthermore, the educational resources are available at the BCR hub, and there are a range of options in accordance with the degree.

weekly market reviews, as well as technical analysis are prepared regularly by the BCR's team also and, in the end, provides endless opportunities to grow and be a better traders each day.

Conclusion

A BCR Review concludes that the broker is an solid company to partner with, as its regulator happens to be a top ASIC. The BCR's offerings are competitive. is that they have a designed solution to CFD products that trade on OTC base and a powerful proprietary platform based on MT4 technology. very affordable spreads and bonus offers which are always a benefit.