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BCR Markets Review
BCR Markets appears to be the offshore British Virgin Islands arm of the BCR group. It offers leverage up to 400 to 1, far above the ASIC regulated BCR entity.
Min Deposit
N/A
Spreads From
From 1.6 pips on EUR/USD Standard account, per the group's BVI site
Max Leverage
Up to 400:1 as advertised, far above ASIC retail limits
Platforms
MetaTrader 4, MetaTrader 5
Pros
- Part of a group with a genuine, long standing ASIC regulated sister entity
- Wide range of CFDs, including over 40 forex pairs, shares, and metals
- No commission on Standard and Elite account tiers, only spread cost
- Offers both MetaTrader 4 and MetaTrader 5 platforms
Cons
- No company is registered under the exact name BCR Markets anywhere found
- Leverage up to 400 to 1 is far above limits set for ASIC regulated clients
- BVI regulation offers much lighter oversight than the group's ASIC entity
- Easy to confuse with the separate, more tightly regulated BCR ASIC brand
No company is registered under the exact name BCR Markets. The closest real match is BCR Co Pty Ltd, a British Virgin Islands company, number 1975046, part of the same BCR Co Holding Corp group that runs the ASIC regulated BCR brand in Australia.
BCR Co Pty Ltd is licensed by the British Virgin Islands Financial Services Commission, license number SIBA/L/19/1122, a much lighter regulator than ASIC. Its site advertises leverage up to 400 to 1, far above the 1:30 cap that applies to the group's Australian, ASIC regulated entity.
Traders comparing BCR and BCR Markets should understand these can be different regulated arms of the same wider group, with very different protection and risk levels. Always confirm which exact legal entity and jurisdiction will hold your account before you deposit money.
Max Leverage
Up to 400:1 as advertised, far above ASIC retail limits
Spreads From
From 1.6 pips on EUR/USD Standard account, per the group's BVI site
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
