Home -
knowledge -
BCR -
Introduction -

WikiFX Express

Exness
EC Markets
TMGM
XM
FOREX.com
FXTM
AvaTrade
FXCM
IC Markets Global
Eightcap

Previous Post

Commonwealth Securities

Next

Gold Trade

BCR Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-06-04 10:43

Abstract:  BCR, formed in 2008 and registered by ASIC in Australia, provides leveraged CFD trading on forex, equities, metals, commodities, and indices via popular platforms such as MT4, MT5, and MAM. It offers a variety of account types for both novices and advanced traders, including demo accounts, and no deposit or withdrawal fees. However, it currently makes no mention of offering Islamic (swap-free) accounts or cryptocurrency trading.

BCR Review Summary
Founded2008
Registered Country/RegionAustralia
RegulationASIC
Market InstrumentsForex, Share CFDs, Metal CFDs, Commodity CFDs, Index CFDs
Demo Account✅
LeverageUp to 1:400
SpreadFrom 1.7 pips (Standard account)
Trading PlatformMetaTrader 4, MetaTrader 5
Minimum Deposit$300
Customer SupportLive chat
Phone: +1 284 346 2897
Email: info@thebcr.com

BCR Information

  BCR, formed in 2008 and registered by ASIC in Australia, provides leveraged CFD trading on forex, equities, metals, commodities, and indices via popular platforms such as MT4, MT5, and MAM. It offers a variety of account types for both novices and advanced traders, including demo accounts, and no deposit or withdrawal fees. However, it currently makes no mention of offering Islamic (swap-free) accounts or cryptocurrency trading.

BCR's homepage

Pros and Cons

ProsCons
Regulated by ASICNo swap-free (Islamic) accounts mentioned
Access to 300+ instruments including forex & CFDsHigh minimum deposit of $300
Multiple account types
MT4 and MT5 platforms
Live chat support

Is BCR Legit?

  Yes, BCR is a regulated broker that works for BACERA CO PTY LTD, which is a licensed business. The Australia Securities & Investment Commission (ASIC) keeps an eye on it. It holds a Market Maker (MM) license with license number 000328794, effective since December 19, 2008.

Regulated by ASIC

What Can I Trade on BCR?

  BCR gives you access to more than 300 financial products, including as 40+ forex currency pairs, global share CFDs, metals, commodities, and index CFDs. It gives both new and seasoned traders a flexible, leveraged trading environment across several asset types.

Tradable InstrumentsSupported
Forex✔
Share CFDs✔
Metal CFDs✔
Commodity CFDs✔
Index CFDs✔
Cryptocurrencies✘
Bonds✘
Options✘
ETFs✘
What Can I Trade on BCR?

Account Type

  BCR has four categories of live accounts: Standard, Elite, Alpha, and Affiliate. All of these accounts use the MetaTrader platform. There are demo accounts, however, there is no mention of Islamic (swap-free) accounts.

Account TypeMinimum DepositMaximum LeverageSpread Commission Suitable for
Standard$300400:1From 1.7 pips0Beginners, general traders
EliteFrom 1.2 pips0Active traders wanting lower spreads
AlphaFrom 0.0 pips$3 per lot per sideSerious/professional traders
Affiliate$3,000From 1.7 pips0Partners, affiliate traders
Account comparison

Leverage

  BCR gives traders up to 400:1 leverage, which lets them control big bets with a modest deposit. High leverage can make profits bigger, but it can also make losses bigger.

BCR Fees

  BCR's prices are affordable and in line with what other companies charge. They have tight spreads, fair commissions (on Alpha accounts), and no hidden fees for deposits or withdrawals.

Account TypeSpreads fromCommission
Standard1.7 pips0
Elite1.2 pips0
Alpha0.0 pips$3 USD per lot per side
Affiliate1.7 pips0

  Non-Trading Fees

Non-Trading FeesAmount
Deposit Fee0
Withdrawal Fee0
Inactivity FeeNot mentioned

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader 4✔Windows, macOS, Web, iOS, AndroidBeginners
MetaTrader 5✔Windows, macOS, Web, iOS, AndroidExperienced traders
MT4 and MT5

Deposit and Withdrawal

  BCR does not charge any extra fees for deposits or withdrawals (though intermediary or international bank fees may apply). The minimum deposit at BCR is 300 USD.

Payment MethodMinimum DepositFeesDeposit Processing TimeWithdrawal Processing Time
Bank Transfer300 USD01–2 daysSame-day (if before cutoff)
UnionPay~30 min
MasterCardInstant
Direct Debit
Visa
Fasapay
Help2Pay
BPay
Skrill
Neteller
POLi
USDT
Deposit

Related broker

Regulated
BCR
Company name:BACERA CO PTY LTD
Score
9.12
Website:https://www.tradebcr.com/cn
15-20 years | Regulated in Australia | Market Maker (MM) | MT4 Full License
Score
9.12

Latest News

The Shame of Being Scammed: Don't Ever Stay Silent

WikiFX
2025-06-27 10:00

Capital.com Launches $1 Million EU Client Insurance to Enhance Investor Safety

WikiFX
2025-06-27 16:07

The five most investment-risky brokers in Malaysia

WikiFX
2025-06-27 16:20

Citibank Sued in $20M Romance Scam Tied to Fraudulent Transfers

WikiFX
2025-06-27 16:36

Treasury yields inch higher as investors await the Fed's preferred inflation print

WikiFX
2025-06-27 10:24

Think Before You Trade! Unlicensed Brokers List Inside

WikiFX
2025-06-27 18:55

5 Reasons to Stay Away from Core Prime Markets

WikiFX
2025-06-27 18:59

IC Markets Sponsors AEL Limassol, Football Club Until 2027

WikiFX
2025-06-27 19:03

Core inflation rate rose to 2.7% in May, more than expected, Feds preferred gauge shows

WikiFX
2025-06-27 20:35

Core inflation rate rose to 2.7% in May, more than expected, Fed's preferred gauge shows

WikiFX
2025-06-27 13:35

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

MYfintec

Mez Capital

KaleFx

AthenaFX

Fx Trader Global

OCTAFX

Outrade

sesaFXCM

IC Markets Global

Block Option