BCR at a glance
BCR is an Australian forex and CFD broker operated by Bacera Co Pty Ltd, holder of ASIC AFSL 328794, offering 90+ forex pairs on MT4 and MT5 from an AUD 300 minimum deposit.
BCR has not disclosed a founding year and a head office in Suite 3, Level 18, 201 Elizabeth St, Sydney NSW 2000, Australia. It lists 1 regulator and 2 trading platforms.
BrokerBazaar verdict
Our research team has not yet published a written verdict for BCR. The BrokerBazaar Intelligence Score is 46/100 (high risk), computed from regulatory, operational, transparency, reputation and domain-history signals. Scores are editorial assessments, not user ratings, and are never influenced by payment.
Legal entities, regulation and licences
BCR operates through 1 legal entity, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by no regulator we could map to a public register.
Licence check: Not independently checked. BrokerBazaar is currently reviewing this broker's information against public records. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
BCR states that it accepts clients from Australia. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: Forex, Indices, Stocks, Commodities, CFDs. Platforms: MetaTrader 4, MetaTrader 5. Account types: Advantage, Alpha.
Best-for tags assigned by our team: Australian Traders, MT4, MT5.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is AUD 300. Spreads start from From 0.0 pips and commission is None (standard) · $0 (raw). Maximum leverage is 1:30, subject to the cap of the entity that holds your account.
Swap-free / Islamic account: not specified. Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Not disclosed. Withdrawal methods: Not disclosed.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Not specified. Scalping allowed: Not specified. Algorithmic trading allowed: Not specified. News trading allowed: Not specified. Hedging: not specified.
Client-money rules follow the regulator of the entity that holds your account. Check that regulator's rules on its register.
Complaints and dispute process
BCR has not published a complaints procedure to BrokerBazaar. Regulated entities must operate one; ask support for the formal complaints address.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: ASIC-licensed since 2008
- Strength: 90+ forex CFD pairs
- Strength: MT4 and MT5
- Limitation: Alpha account commission not published
Who this broker suits, and who it does not
BCR is most relevant to traders looking for: Australian Traders, MT4, MT5.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
BCR change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for BCR yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about BCR
Data sources. Broker submission, the regulator registers linked above, Broker forex page; ASIC licensee data (AFSL 328794), web-archive and domain records, and third-party traffic data. Last register check 2026-11-07.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We have no commercial relationship with BCR. How we make money. Trading leveraged products carries a high risk of loss.