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BCR

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5.1
(15 Reviews)

Founded: 2001 Min Deposit: 300 USD

Headquarters: Sydney, Australia Max Lev: 1 : 400

Risk Level I

Please invest carefully! This broker was accused of investors. And there are a lot of risks to traders.

Score
Business Scope
8.0
Trading Cost
5.1
Trading Platforms
5.1
Support
5.1
Licence Status

multiple regulation

BVI FSC SIBA/L/19/1122
Authorised
Contact
+44 3300010590
info@thebcr.com
https://cfds.thebcr.com
Multilingual Support
Multiple Trading Instruments
10+ Payment method
Islamic Account
Multiple Base Currencies Support
Tight Spread
No Withdrawal Fee
No Deposit Fee
Commodities Trading
100+ Trading Instruments
Broker News Related Complaints Reviews

Broker News

Ranking List of Complaints Satisfaction in April 2025 Newly Released May 01, 2025
A broker's attitude toward clients is a key aspect while selecting a platform. BrokersView publishes 2025 April list of brokers by complaints satisfaction to help traders make an informed decision.
BCR Inundated with Client Complaints: Canceling Agent's Account and Unilaterally Transferring Client Accounts May 23, 2024
BCR has recently received negative feedback from clients, and BrokersView recommends caution.

Related Complaints

Q&A

Is BCR legitimate or not?

Ayilara
Brazil
Dec 12, 2024
ANSWER Dear Investor, Thank you for reaching out to us. We currently find that BCR is licensed by both the British Virgin Islands Financial Services Commission (BVI FSC) and the Australian Securities and Investments Commission (ASIC). However, the specific URL you inquired about may only fall under BVI FSC jurisdiction. Bacera Co Pty Ltd., which holds the ASIC license, has announced that the accounts of non-Australian clients of BCR would be opened under the BVI FSC-licensed entity BCR Co Pty Ltd. Given this situation, your account would be subject to BVI FSC jurisdiction, which is known for lax supervision and minimal protections for investors due to its offshore nature. In addition to its regulatory status, it is critical to note that we have recently received many reports from BCR customers about poor support and withdrawal issues. This reflects the potential risks. Customer reviews are also a criterion for assessing a broker's reliability. Therefore, we suggest you reconsider your choice of BCR and exercise extreme caution when dealing with it.
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Do they allow hedging?

Carlosna
Monaco
Jul 18, 2022
ANSWER BCR, operated by BCR Co Pty Ltd, is a license broker under the regulations of Australia Securities & Investment Commission (ASIC) and British Virgin Islands Financial Services Commission (BVI FSC). As for the question you asked, we recommend that you ask the official customer services directly for a more accurate answer. For more information on this broker, you can check our full BCR review.
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Overall Score

5.1
15 Reviews

Cost 5.1

Platforms 5.1

Deposit & Withdrawal 5.1

Customer Support 5.1

Indicates the average level of Brokers

Keywords for selection
Bad/Unprofessional Customer Support Fast Deposit/Withdrawal Good/Professional Customer Support Promotions / Bonus Regulated & Licensed Reliable & Reputable

15 Reviews Clear filter

Sort by
Muthukumar
Burkina Faso
After opening an account with BCR, I found the platform quite limited—few instruments and a clunky interface. Support was slow to respond, and I felt ignored.
Nov 13, 2025
Reply
Cooper Engler
0-6 months Alpha Account United States of America
Damaged my roof, blammed me, not fixing THEIR MISTAKEThey damaged my brand new roof, refused to repair it, covered up the damage and now is saying it's our fault and they are not fixing the damage THEY CAUSED.
Jul 24, 2025
Reply
GoG_QHQ
0-6 months Standard Account China
I have experienced varying degrees of slippage and sudden multiple overnight fees, but received no response after consulting online.
Mar 10, 2025
Reply
Jason Xu
Over 3 years Alpha Account Australia
I have used BCR in the last 3 years, and the overall experience is excellent. The customer service is always great with timely responses. The time for deposit and withdrawal is not super fast but reasonable.
Dec 13, 2024
1
Reply
Iswarya Dada
7-12 months Standard Account Singapore
BCR is a nightmare to deal with. Their account verification process is unnecessarily complicated, causing unnecessary delays in trading activities.
Aug 24, 2023
Reply
vahid
1-3 years Standard Account Kenya
Excellent broker!!! I’ve traded here for a year. I really think the support teams are awesome. Highly recommended to all!!!
Jun 17, 2023
Reply
mashfaq
7-12 months Standard Account Australia
Really good service, Angie did a great job, helping us understand all the different elements and guiding us through the whole trading process.
Jun 10, 2023
Reply
Nicodemus
0-6 months Standard Account United Kingdom
I’m totally satisfied with BCR after I traded here. Personally, the broker has almost everything for a successful trading. Really, as a 100% serious person, I think everything is fine here. The spreads are tight, there is no delay in system operation, and that is ok for me.
Apr 02, 2023
Reply
GilaLawrence
1-3 years Standard Account Kenya
That is my opinion. I don't claim that it is the only and the most correct. This is how I feel about trading there. Usually, it is a typical broker with tight spread & a lot of trading assets. In addition, it also offer some useful trading resources, such as educational courses, market insights... whatever, I think I need these trading materials, so if you are the same one like me, I think you would like the service.
Apr 01, 2023
Reply
Perumal
1-3 years Alpha Account Australia
I tried 2 to 3 platforms before BCR. All aspects goes well, stable platform, fast and smooth deposit/withdrawal, and competetive spreads.
Mar 23, 2023
Reply

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.