Why choose BCR

Australian broker with a focus on transparency and client satisfaction.

BCR

Fee Level:	Medium
Inactivity Fee:	Medium
Index CFD Fee:	Medium
Investor Protection:	Up to AUD 250,000 under the Financial Claims Scheme (FCS).
Mobile Platform:

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Provides a cost-effective trading environment with minimal fees.

Regulated by ASIC; segregates client funds and offers negative balance protection.

BCR supports bank transfers, cards, and a few e-wallets. Deposits are processed in 24 hours; withdrawals take 1–4 business days.

BCR provides a fully digital application process with document review completed in 2 business days.

BCR offers customized MetaTrader 4 and MetaTrader 5 platforms compatible with mobile devices, providing essential tools for trading on the go.

BCR provides MetaTrader 4 and MetaTrader 5 platforms for Windows, offering powerful tools necessary for trading.

BCR offers a wide range of markets, including Forex (Majors, Minors, and Exotics), Spot Metals and Energy, Indices, ASX-listed Stocks, and US Stocks, all accessible through a single BCR account.

Is BCR a regulated broker?

BCR is registered in Australia under Bacera Co Pty Ltd and holds an Australian Financial Services Licence (AFSL No. 328794) issued by the Australian Securities and Investments Commission (ASIC). However, it's important to note that there have been concerns regarding the legitimacy of this regulation. Some sources suggest that BCR may be operating as a suspicious clone, raising doubts about its authenticity.

What are the deposit and withdrawal methods available at BCR?

BCR supports various payment methods for deposits and withdrawals, including bank transfers, credit/debit cards, and e-wallets. Processing times and any associated fees depend on the chosen payment method. It's advisable to check BCR's official website or contact their customer support for the most up-to-date information.

Are there any concerns regarding BCR's operations?

Yes, there have been reports of issues such as withdrawal problems and allegations of fraudulent activities associated with BCR. Additionally, the inaccessibility of their official website at times further questions the reliability of their trading platform. Potential investors are advised to exercise caution and consider alternative options with more credible and regulated brokers.