BCR is this Aussie forex broker that's been in the game since way back in 2008. What instills trust for me is that they are regulated by the ASIC and the FSC. Plus, they separate clients' funds from their own, which means even if they go under, the traders' money is safe.
They offer forex trading plus CFDs on metals, commodities and indices. It's a bummer that cryptocurrencies are off the table, though. You can choose between two live account types - a standard account and an advantage account. And you can start trading from 300 bucks.
The leverage is a moderate 100:1. So while you can multiply your profits, you can also multiply your losses. Just remember, with great power, comes great responsibility! BCR's spreads start from 8.0 pips for the Standard account and 3.0 pips for the Advantage account, which is a bit high to be honest, but hey, they are commission-free.
The MT4 platform is their weapon of choice and they have a bunch of payment options including traditional bank transfers, Card payments, digital wallets, and even USDT. Watch out for any pesky fees from your bank, though.
BCR provides some handy tools like the economic calendar and Market Live for staying abreast with what's happening in the market. Their glossary of trading jargon is also pretty champion for beginners. But, just keep in mind, their customer support might not be available outside of regular business hours.
All said and done, BCR seems like a pretty solid platform to have in your corner.
BCR is this Aussie forex broker that's been in the game since way back in 2008. What instills trust for me is that they are regulated by the ASIC and the FSC. Plus, they separate clients' funds from their own, which means even if they go under, the traders' money is safe. They offer forex trading plus CFDs on metals, commodities and indices. It's a bummer that cryptocurrencies are off the table, though. You can choose between two live account types - a standard account and an advantage account. And you can start trading from 300 bucks. The leverage is a moderate 100:1. So while you can multiply your profits, you can also multiply your losses. Just remember, with great power, comes great responsibility! BCR's spreads start from 8.0 pips for the Standard account and 3.0 pips for the Advantage account, which is a bit high to be honest, but hey, they are commission-free. The MT4 platform is their weapon of choice and they have a bunch of payment options including traditional bank transfers, Card payments, digital wallets, and even USDT. Watch out for any pesky fees from your bank, though. BCR provides some handy tools like the economic calendar and Market Live for staying abreast with what's happening in the market. Their glossary of trading jargon is also pretty champion for beginners. But, just keep in mind, their customer support might not be available outside of regular business hours. All said and done, BCR seems like a pretty solid platform to have in your corner.
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