BCR Journal

Journal status: live
BCR joined in | not yet
BCR Profile
Year
2009
Country
BVI
Branches
1
Regulation
FSC BVI
Investor protection
Fund protection
no
Publicly traded
no
Restricted countries
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
Update broker

Is BCR safe?

  • Investor protection: no
  • Regulation: 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.

https://bvi-docs-sg.s3.ap-southeast-1.amazonaws.com/en/BVI_00101_USD.pdf

Add new comment