BCR Journal
| Journal status: live BCR joined in | not yet |
BCR Profile
Website
Year
2009
Country
BVI
Branches
1
Regulation
FSC BVI
Registration
FSC BVI
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Africa, Congo, Guinea-Bissau, Iran, Iraq, Lebanon, Libya, Mali, Myanmar, North Korea, Russia, Somalia, South Sudan, Sudan, Syria, US, Ukraine, Yemen, Yugoslavia, Zimbabwe
Broker type
MM, STP
Dealing book
B-book, A-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
...
LPs names
...
BCR Accounts
MM
STP
Minimum Deposit
300 $
500 $
Leverage
200 : 1
200 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1.7 pips
0 pips
Commission
0 $/lotRT
8 $/lotRT
Volume
10 lots
20 lots
Margin Call
100 %
100 %
Stop Out
50 %
50 %
Execution
Market
Market
Spread
floating
floating
Scalping
no
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, PayPal, Neteller, China UnionPay
Base currency
USD, EUR, GBP, AUD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 13 months
| Update broker |
- Full listing profile: BCR broker profile
Is BCR safe?
- Investor protection: no
- Regulation: FSC BVI
- Registration: FSC BVI
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is BCR trusted?
- Information transparency: high
★★★★★ - Customer service: prompt, helpful
★★★★★ - BCR website: semi-detailed, updated
★★★ - BCR popularity (by visitor count): low visits
★★
How BCR works
BCR is a market maker and issuer of over-the-counter CFDs. BCR does not act as your agent or broker in relation to transactions of BCR products. BCR acts as a principal, on its own behalf, when it provides financial services to you.
https://bvi-docs-sg.s3.ap-southeast-1.amazonaws.com/en/BVI_00301_USD.pdf
7.18. Scalping and EAs policy:
7.18.1. Scalping strategies (we define "Scalping" as a method traders use where they open and close trades within 2 minutes for FX and Metals and 5 minutes for CFDs , and these Scalping trades constitute more than 25% of total trades) and EA strategies (an "EA" is an "Expert Advisor", which is add‐on software linked to a Meta Trader currency platform, and allows for automatic trades under certain conditions) are allowed on special accounts only.
7.18.1. Scalping strategies (we define "Scalping" as a method traders use where they open and close trades within 2 minutes for FX and Metals and 5 minutes for CFDs , and these Scalping trades constitute more than 25% of total trades) and EA strategies (an "EA" is an "Expert Advisor", which is add‐on software linked to a Meta Trader currency platform, and allows for automatic trades under certain conditions) are allowed on special accounts only.
https://bvi-docs-sg.s3.ap-southeast-1.amazonaws.com/en/BVI_00101_USD.pdf
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