BCR Forex Broker keeps up-to-date with the latest trading account information, including AFFILIATE, ALPHA, ELITE, STANDARD maximum leverage of 1:400, trading varieties, and more
Rating Index
Pros
Regulated by ASIC, providing a level of security and trustworthiness for traders.
Offers a demo account for risk-free practice and strategy testing.
Commission-free trading across all account types, making it cost-effective for traders.
Cons
Offshore regulation by FSC may raise concerns about oversight and protection.
Limited account types offered, which could restrict options for traders with specific needs.
Spreads starting from 3.0 pips, which are wider than the industry average, potentially increasing trading costs.
BCR broker Accounts
AFFILIATE
ALPHA
ELITE
STANDARD
BCR Account Types
BCR offers three different account types for traders, each designed to meet varying trading needs:
- Standard Account
- Minimum Deposit: 500 AUD
- Maximum Leverage: 400:1
- Spreads: Floating spreads starting from 1.7 pips
- Ideal For: Beginner traders
- Pro Account
- Minimum Deposit: 500 AUD
- Maximum Leverage: 400:1
- Spreads: Floating spreads starting from 1.1 pips
- Ideal For: Novice traders looking for better trading conditions
- Alpha Account
- Minimum Deposit: 20,000 AUD
- Maximum Leverage: 400:1
- Spreads: Spreads starting from 0.1 pips
- Ideal For: Expert traders seeking the best trading conditions
- Visit BCR's Official Website: Go to the BCR website using a web browser.
- Select the Account Type: Choose the account type that suits your trading needs (Standard, Pro, Alpha, or Islamic).
- Complete the Registration Form: Fill out the online application form with your personal information, including full name, contact details, and preferred account type.
- Submit Identification Documents: Provide necessary identification documents, such as a passport or national ID, and proof of address.
- Fund Your Account: Deposit the minimum required amount for the selected account type.
- Start Trading: Once your account is funded and verified, you can start trading on the BCR platform.
All account types allow trading in micro lots, permit scalping, and have a maximum trade lot size of 10.0 lots. Additionally, BCR provides the option for a Swap-Free Islamic Account designed for Muslim traders, with a minimum deposit of 500 AUD and no interest charged on overnight positions.
BCR Broker Account Opening Process
Opening an account with BCR is a straightforward process. Here are the steps to follow:
These steps ensure a smooth account creation process, allowing traders to quickly access the financial markets.
For more detailed information, please visit: BCR Account Types
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