Score

1.07 /10
Danger

BCRPRO

United States

Within 1 year

Suspicious Regulatory License

High potential risk

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index3.61

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

BCRPRO Limited

Company Abbreviation

BCRPRO

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-10-02
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
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BCRPRO · Company summary
BCRPROReview Summary
Founded2024
Registered Country/RegionUnited States
RegulationNo Regulation
Market InstrumentsForex, Indices, Commodities, Currency pairs, Energies
Demo Account
Leverage1:500 for forex
SpreadFrom 1 pip (Standard account)
Trading PlatformMT4/BCRPRO
Min Deposit$200
Customer SupportEmail: bcrpro@bcrpros.com

BCRPRO is an online trading platform operating without regulation in the United States. BCRPRO provides market instruments including Forex, Indices, Commodities, Currency pairs, and Energies. Traders on this platform get access to two types of live accounts and a free demo account.

BCRPROs homepage

Pros & Cons

ProsCons
Transparent trading conditionLack of regulation
Limited Customer support channels

It's BCRPRO Legit?

BCRPRO is an unregulated platform. It claims to be regulated by Australian Securities and Investments Commission (ASIC) and Vanuatu Financial Services Commission (VSFC), but according to our research, neither of these two authorities has regulated BCRPRO.

No license

What Can I Trade on BCRPRO?

BCRPRO claims to offer a variety of over-the-counter CFD financial products for traders to chhoose from. It meanly provides forex, metals, commodities, and indices.

Trading AssetAvailable
forex
metals
commodities
indices
energies
stocks/shares
cryptocurrencies
options
funds
ETFs
Currencies

Account Type (Minimum Deposit/Leverage/Spread & Commission)

BCRPRO offers a standard account, an ECN account, and a free demo account for traders to test this platform without risking any money.

FeatureStandard AccountECN Account
Minimum Deposit$200$200
LeverageUp to 500:1Up to 500:1
Min SpreadFrom 1 pipFrom 0.0 pips
Commission$0 Commission$6 commission per round trade

Trading Platform

The trading platform, which is MT4, offered by BCRPRO shares the same name with the company. MetaTrader 4 is one of the most popular trading platforms widely used in the world of retail trading.

Trading PlatformSupported Available Devices Suitable for
MT5Desktop, Mobile, WebExperienced trader
MT4/BCRPRODesktop, Mobile, WebBeginner
Trading ViewDesktop, Mobile, Tablets, WebBeginner

Customer Service

Contact ChannelDetails
Live chat
Live chat
Contact form
Contact form
Phone
1800 222 2121
Email
bcrpro@bcrpros.com
Address
Robinson Road, P.O Box 1688, Singapore 903338

The Bottom Line

Overall, BCRPRO offers two types of live accounts and a free demo account, providing users with the flexibility to choose an account that suits their trading needs. But when it comes to an unregulated platform, all the advantages are worthless. Wise traders should avoid such dangerous platform.

Q&A

Is BCRPRO regulated?

No. BCRPRO is not regulated by any authorities.

Is BCRPRO safe?

No. BCRPRO is not safe since it has not been regulated.

Is BCRPRO a good broker for beginners?

No.

News

ExposureWikiFX’s Overview on BCRPRO

Have you ever heard of a broker named BCRPRO? In this article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information.

WikiFX
2024-08-26 16:12
WikiFX’s Overview on BCRPRO

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FX3323294256
0-3months
BCRPRO 현재 업그레이드 중이며 업그레이드가 완료될 때까지 출금이 안되는데요.. 출금 요청해도 취소합니다 업그래이드 중인지 궁금합니다
BCRPRO 현재 업그레이드 중이며 업그레이드가 완료될 때까지 출금이 안되는데요.. 출금 요청해도 취소합니다 업그래이드 중인지 궁금합니다
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2024-09-03 18:56
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