All You Need To Know About BCR . Flooring

Top 3 Forex Brokers

1. BDSWISS Review
2. BlackBull Review
3. FP Markets Review

What is BCR?

BCR or Bacera is an incorporated Australian brokerage services company founded in 2009 as a CFD broker, with the idea of ​​putting the needs of its clients first in order to succeed. From there, the company provides a powerful trading platform that allows analysis of quotes and strategy development in real time without the need for dealer intervention.

In addition, BCR also maintains a simple account feature enhanced by reports or statistical data and ensures the reliability of the trading environment, which is important in trading.

Pros and cons of BCR

BCR is among the reputable Australian regulated brokers that allow easy account opening and facilitate CFD trading with good trading platforms, quality analysis support, market overview schools and support services.

On the other hand, the trading tools are limited to CFDs and the educational material is not in-depth for new traders.

10 points summary about BCR

Is BCR safe or a scam?

No, BCR is not a scam. BCR is a registered and regulated company with top level license and low risk CFD trading.

BCR is the trading name of Bacera Co, which is licensed and regulated by Australia and is also a member of the Financial Ombudsman Service. The Australian registration is used by Bacera Co Pty Ltd license number ABN 87 130 877 137 and AFSL 328794.

Therefore and with its regulations, BCR is considered as a safe trading broker with multiple safeguards for client funds, ensuring safe trading. Deposits are always segregated from a leading Australian bank, with compute protection and multiple audit obligations. In addition, the trading environment is fully secured through encryption, as well as any transactions you make, which is absolutely necessary to ensure the safety of your account.

License of BCR

Lever

At BCR, you will have the flexibility to choose leverage from 1:20 to 1:400. These are high leverage levels. Leverage is a powerful feature, but you should learn how to use it smartly. There is much discussion about leverage and the majority of reputable agencies have significantly lowered its rate.

However, the Australian ASIC still allows high leverage for retail traders, which is an opportunity to increase your potential profits and also a plus.  

Tool

BRC allows to trade a wide range of CFD products including Stocks, Indices, Commodities, Oil, Forex, Precious Metals, Cryptocurrencies and more. The trading process itself is provided through an unlisted stock model, execution is quick and in milliseconds.

Types of Accounts

BCR offers 3 types of accounts to suit different needs. A BCR account provides access to MyBCR, a web-based account portal with account management options such as deposit or withdrawal requests, record maintenance, and a customer service messaging system. In addition, once your trading account is funded, you may even have a chance to win one of the prizes that the broker offers regularly through a variety of promotions.

As a beginner, you can choose a Demo account as your risk-free trading solution during the 30-day trial period. In the near future, the trend of live trading will dominate the market.  

Fees

The BCR account feature offers a choice between 2 accounts, either with standard spreads or spreads from 0 pips plus commission paid per round. Along with that, traders who abide by Islamic law can also open a free account overnight. Full fees and comparison with other brokers see table below.

Deviant

Spreads at BCR vary depending on the type of account you trade. You can refer to the table below for the average spread, starting from 0 pips. Also, always treat the transfer or swap as an expense, calculated on positions opened overnight equally -2.5% for short positions and 2.25% for short positions. so buy. Also you can compare fees with another famous universal broker BDSwiss.

What does Bacera Deposit and Withdrawal use?

To fund your account and start trading directly, you can choose between bank transfer, credit card payment or UnionPay payment options. A fairly simple withdrawal process can be done through a request from the client’s account.

Minimum deposit amount

BCR requires 300 USD minimum deposit at the start for any account. This is also the average amount that allows traders from beginner to professional to join at their convenience.

Minimum deposit BCR compared to other brokers

Withdraw money

BCR does not charge additional internal fees for withdrawals or deposits, withdrawal options are varied, including Bank transfer and Credit Card. But any international wire transfer fees charged to your customers or other charges to your suppliers are solely your responsibility.

Minimum deposit amount

For the minimum deposit, BCR requires 300 USD starting for any account type and is an average amount that allows traders from beginner to professional to join at their convenience.

Trading platform

BCR sees technology as a step forward, therefore has developed its own, multi-award winning, functional trading platform based on the MetaTrader4 software. Low trading costs also provide an opportunity for investors to explore more trading styles, while BCR traders allow them to use any suitable strategy including EAs or scalping.

The platform itself has powerful charting capabilities, a variety of indicators and tools that enhance the trading process.

Overall, BCR has a trading platform that combines advanced features, an intuitive interface, and is set up for desktop or via mobile apps for tablets or mobile phones. .

The apps are designed to fit any iOS or Android device and offer great functionality on the go and allow for full management and tracking or execution of trading positions through the account.

Customer support

With that, BCR provides great support. BCR understands that customer satisfaction is the most important factor, the company provides reputable service, 24/7 support. BCR ensures to solve customer requests and problems. In addition, educational materials are also provided at the BCR center with a variety of content depending on the level.

Weekly market overviews, fundamental and technical analysis are also set up regularly by the BCR team, all of which offer endless possibilities to learn and become a better trader day by day.

Conclusion _

BCR is a reliable broker to work with. The company is regulated by the world’s leading ASIC agency. BCR offers a wide range of competitive services, developed solutions for trading CFD products on an OTC basis, a proprietary platform based on MT4 technology, fairly competitive spreads and attractive loyalty programs. lead.v