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Do you want to know which is the better broker between Admiral Markets and BCR ?
In the table below, you can compare the features of Admiral Markets , BCR side by side to determine the best fit for your needs.
EURUSD: -0.5
XAUUSD: 0.1
Long: -5.22
Short: 0.74
Long: -32.4
Short: 16.2
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of admiral-markets, bcr lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Registered in | Australia |
Regulated by | ASIC/FCA/CYSEC |
Year(s) of establishment | 10-15 years |
Trading instruments | Forex, Indices, Stocks, Commodities, Bonds, ETFs |
Minimum Initial Deposit | 1 USD or equivalent |
Maximum Leverage | 1:10-1:1000 flexible leverage |
Minimum spread | Forex typical spreads from 0.6 pips (EURUSD) |
Trading platform | MT4, MT5, Webtrader |
Deposit and withdrawal method | bank wire, Skrill, Neteller, VISA, MasterCard, cryptocurrencies, Perfect Money |
Customer Service | Email, phone number, live chat |
Fraud Complaints Exposure | Yes |
It is important to note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.
Advantages:
Wide range of trading instruments and account types to choose from
Flexible maximum leverage options
Multiple payment methods available with varying fees
Comprehensive educational resources for traders of all levels
Customized customer service for different regions and languages
Access to various trading platforms including MT4, MT5, and Webtrader
A variety of trading tools and features such as negative balance protection and free VPS
Disadvantages:
Limited availability in some regions and countries
Commission and fee structures can be complex and vary by payment method and account type
Limited promotions or bonuses offered for new or existing clients
Some account types may require a minimum deposit that could be prohibitive for some traders
Limited customer support availability on weekends
Advantages | Disadvantages |
Admiral Markets offers tight spreads and fast execution due to its Market Making model. | As a counterparty to its clients' trades, Admiral Markets has a potential conflict of interest that may lead to decisions that are not in the best interest of its clients. |
Admiral Markets is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, Admiral Markets acts as an intermediary and takes the opposite position to its clients. As such, it can offer faster order execution speed, tighter spreads and greater flexibility in terms of the leverage offered. However, this also means that Admiral Markets has a certain conflict of interest with their clients, as their profits come from the difference between the bid and ask price of assets, which could lead to them making decisions that are not necessarily in the best interests of their clients. It is important for traders to be aware of this dynamic when trading with Admiral Markets or any other MM broker.
Admiral Markets is a global online trading provider offering trading services in various financial instruments, including forex, stocks, commodities, and indices. The company was founded in 2001 and is headquartered in Estonia, with offices in various countries around the world. Admiral Markets is regulated by several financial authorities, including the UK Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC). The company offers a range of trading platforms, account types, and educational resources to its clients.
In the following article, we will analyze the characteristics of this broker in all its dimensions, providing you with easy and well-organized information. If you are interested, read on.
Advantages | Disadvantages |
Wide range of instruments available including Forex, Indices, Stocks, Commodities, Bonds, and ETFs | No cryptocurrencies offered |
Opportunity to invest in thousands of shares | |
Over 370 ETF CFDs available, plus hundreds more through Invest.MT5 | |
Ability to trade both cash CFDs and Index Futures for indices |
Admiral Markets offers a wide range of trading instruments across several asset classes, including Forex, indices, stocks, commodities, bonds, and ETFs. With over 80 currency pairs available for trading, traders have access to a competitive selection of Forex instruments. The broker also offers the opportunity to invest in thousands of shares, over 370 ETF CFDs, and a selection of commodity CFDs. Additionally, traders can trade both cash CFDs and Index Futures for indices, and US Treasuries and Germany Bund CFDs are available for bond traders. While the selection of currency pairs is not as extensive as some other brokers, Admiral Markets offers a comprehensive range of instruments that can meet the needs of a diverse range of traders.
Advantages | Disadvantages |
Low spreads on Invest. MT5 and Zero. MT5 accounts | Trade. MT5 and MT4 accounts have higher spreads |
No commissions on most instruments for Trade. MT5 and MT4 accounts | Commissions on Zero. MT5 account are relatively high for Forex & Metals |
Low commissions on Single Share & ETF CFDs for Trade. MT5 and MT4 accounts | Commissions on Cash Indices and Energies for Zero. MT5 account are relatively high |
In terms of spreads, commissions, and other costs, there are some advantages and disadvantages among the different account types offered by the broker. The Invest. MT5 and Zero. MT5 accounts offer the advantage of zero spreads, which can help traders to save on costs. Additionally, the Trade. MT5 and MT4 accounts have low spreads, which are also beneficial for traders. The Trade. MT5 and MT4 accounts also offer low commissions on Single Share & ETF CFDs, which is a plus. However, the commissions on Cash Indices and Energies for the Zero. MT5 account are relatively high, as are the commissions on Forex & Metals for this account type. Additionally, the spreads on Trade. MT5 and MT4 accounts are higher than those on the Invest. MT5 and Zero. MT5 accounts. Overall, traders should consider the spreads, commissions, and other costs when choosing an account type that suits their needs.
Advantages | Disadvantages |
Multiple account types to suit different needs | Limited trading instruments on some account types |
Low minimum deposits for most account types | No Islamic account available for Invest.MT5 account |
Competitive spreads on some account types | No leverage available for Invest.MT5 account |
Commission-free trading on some account types | Higher commissions on Zero.MT5 account |
Negative account balance policy on all account types | No Islamic account available on Zero.MT5 account |
Admiral Markets offers multiple account types to cater to different traders' needs. The Trade.MT5 account has the most extensive range of trading instruments, including currency pairs, indices, stocks, commodities, ETFs, and bonds, while the Invest.MT5 account focuses on stock and ETF trading with no leverage. The Zero.MT5 and Zero.MT4 accounts offer commission-based trading with low spreads and no commissions, respectively. The accounts' minimum deposits are relatively low, starting at 1 USD for the Invest.MT5 account and 25 USD for the rest. However, some account types have limited trading instruments, and the Zero.MT5 account has higher commissions. Moreover, there are no Islamic accounts available for the Invest.MT5 and Zero.MT5 accounts, while the Invest.MT5 account doesn't offer leverage. Nonetheless, all account types have a negative account balance policy, ensuring traders' maximum loss doesn't exceed their account balance.
Trade. MT5 account:
minimum deposit 25 USD or equivalent
trading instruments: Currency pairs - 80 Metal CFDs - 5 Energy CFDs - 3 Agriculture CFDs - 7 Index Futures CFDs - 24 Commodity Futures - 11 Cash Index CFDs - 19 Stock CFDs - over 3350 ETF CFDs - over 300 Bonds CFDs – 2
leverage 1:500 - 1:10
spreads from 0.5 pips
commissions: Single Share & ETF CFDs - from 0.02 USD per share 4, Other instruments - no commissions
Islamic account: yes
Negative Account Balance Policy: yes
Invest. MT5 account:
minimum deposit 1 USD or equivalent
trading instruments: Stocks - over 4500, ETFs - over 400
leverage: no
spreads from 0.0 pips
commissions: Stocks & ETFs - from 0.02 USD per share
Islamic account: no
Negative Account Balance Policy: no
Zero. MT5 account:
minimum deposit 25 USD or equivalent
trading instruments: Currency pairs – 80, Metal CFDs – 3, Cash Index CFDs – 10, Energy CFDs - 3
leverage 1:500 - 1:10
spreads from 0.0 pips
commissions: Forex & Metals - from 1.8 to 3.0 USD per 1.0 lots 3, Cash Indices - from 0.05 to 3.0 USD per 1.0 lots 3, Energies - 1 USD per 1.0 lots
Islamic account: no
Negative Account Balance Policy: yes
Trade. MT4 account:
minimum deposit 25 USD or equivalent
trading instruments: Currency pairs - 37, Metal CFDs - 4, Energy CFDs - 3, Index Futures CFDs - 3, Cash Index CFDs - 16, Stock CFDs - 230, Bonds CFDs - 2,
leverage 1:500 - 1:10
spreads from 0.5 pips
commissions: Single Share & ETF CFDs - from 0.02 USD per share, Other instruments - no commissions
Islamic account: no
Negative Account Balance Policy: yes
Zero. MT4 account:
minimum deposit 25 USD or equivalent
trading instruments: Currency pairs - 45, Metal CFDs - 3, Cash Index CFDs - 10, Energy CFDs - 3
leverage 1:500 - 1:10
spreads from 0.0 pips
commissions: Forex & Metals - from 1.8 to 3.0 USD per 1.0 lots
Cash Indices - from 0.05 to 3.0 USD per 1.0 lots
Energies - 1 USD per 1.0 lots
Islamic account: no
Negative Account Balance Policy: yes
Advantages | Disadvantages |
MT4 is widely used and has a vast library of customizable indicators and expert advisors | MT4 is a relatively old platform and may not have the latest features of newer platforms |
MT5 has advanced features such as more timeframes, pending order types, and hedging capability | MT5 is less widely used and has a smaller community of developers and users |
Webtrader is a browser-based platform that is accessible from anywhere with an internet connection | Webtrader may have limited functionality compared to desktop platforms |
Webtrader is compatible with multiple operating systems and devices | Webtrader requires a stable and fast internet connection to operate efficiently |
Platforms are a crucial dimension to consider when choosing a broker as they provide the interface through which traders can access the financial markets. The available platforms at a broker will determine the functionality, user-friendliness, and compatibility of the trading software used by the traders. The broker offers several platforms including MT4, MT5, and Webtrader.
Advantages | Disadvantages |
Higher potential profits with smaller initial investment | Higher leverage can also increase potential losses |
More trading opportunities with access to larger positions | Traders may over-leverage their accounts and increase risk |
Flexibility in choosing leverage according to individual risk appetite and trading style | Some traders may be restricted from high leverage due to regulatory requirements or broker policies |
Admiral Markets offers a flexible maximum leverage ranging from 1:10 to 1:1000, giving traders the freedom to choose the level of leverage that best suits their trading strategy and risk management preferences. Higher leverage can provide more trading opportunities and potential for higher profits with smaller initial investments, but traders must also be aware of the increased risk of losses that comes with higher leverage. It is important for traders to use leverage responsibly and to understand the potential risks involved. Regulatory requirements and broker policies may also limit the amount of leverage that can be used, so traders should always check their local regulations and broker guidelines before trading with high leverage.
Advantages | Disadvantages |
Multiple payment methods available including bank wire, Skrill, Neteller, VISA, MasterCard, cryptocurrencies, and Perfect Money | Fees and commissions vary depending on the payment method used |
Free deposits for some payment methods | Withdrawal fees for some payment methods, such as bank wire and VISA/MasterCard after the first free withdrawal request |
One free withdrawal request every month for some payment methods | Withdrawal fees can be high for some payment methods, such as bank wire and VISA/MasterCard after the first free withdrawal request |
Fast and easy deposits and withdrawals for some payment methods, such as cryptocurrencies and e-wallets | Some payment methods may not be available in certain countries or regions |
Admiral Markets offers a range of payment methods for deposits and withdrawals, including bank wire, e-wallets, credit/debit cards, cryptocurrencies, and Perfect Money. While some payment methods have no deposit fees, withdrawal fees and commissions vary depending on the payment method used. Additionally, withdrawal fees can be high for some payment methods, such as bank wire and VISA/MasterCard after the first free withdrawal request. However, some payment methods offer free withdrawals and one free withdrawal request every month. Overall, Admiral Markets provides flexibility and convenience in its payment methods, with the option to choose a method that suits individual preferences and needs.
Advantages | Disadvantages |
Access to a variety of educational resources | Some educational resources may not be relevant to all traders |
Economic calendar helps traders to keep track of significant events in the markets | The information in the educational resources may be overwhelming for novice traders |
Video tutorials provide step-by-step guidance on how to use trading platforms and tools | Educational resources can become outdated quickly, requiring frequent updates |
Webinars and seminars offer the opportunity to interact with market experts and learn from their experiences | Some educational resources may require payment or a subscription |
eBooks provide in-depth knowledge and strategies for traders | It can be time-consuming to go through all of the educational resources available |
Real-time charts, market news, and research provide up-to-date information on market conditions | Over-reliance on educational resources may lead to a lack of independent decision-making by traders. |
Admiral Markets offers a comprehensive range of educational resources that can benefit traders at all levels of experience. The educational resources provided by Admiral Markets include an economic calendar, market reports, video tutorials, webinars, seminars, eBooks, glossary, real-time charts, and market news and research. The economic calendar is useful for keeping track of significant events in the markets, while video tutorials provide step-by-step guidance on how to use trading platforms and tools. Webinars and seminars offer the opportunity to interact with market experts and learn from their experiences. eBooks provide in-depth knowledge and strategies for traders. Real-time charts, market news, and research provide up-to-date information on market conditions. You can also visit their official YouTube channel to view more videos. However, it is essential to note that over-reliance on educational resources may lead to a lack of independent decision-making by traders.
Advantages | Disadvantages |
Multilingual customer support | Limited support availability hours |
Localized customer support | No live chat support available |
Phone and email support available | No dedicated support for VIP clients |
Regional offices for personal assistance | No social media customer support available |
Admiral Markets provides a comprehensive customer care service to its clients worldwide. Customers can contact the company's multilingual customer support through phone or email in their own native language and get personalized assistance. The company also has regional offices to provide customers with personal assistance. However, the support availability hours are limited, and there is no live chat or social media support available. Also, the company does not offer dedicated support for VIP clients.
In conclusion, Admiral Markets is a reputable online trading broker that offers a wide range of financial instruments, platforms, and account types for traders worldwide. With over 19 years of experience in the industry, the company provides a comprehensive set of tools and educational resources to assist traders in making informed investment decisions. The broker's flexible leverage, multiple payment methods, and customized services for various regions are advantages that set it apart from competitors. However, its high commissions on certain account types, limited cryptocurrency offering, and lack of 24/7 customer support may be considered disadvantages. Overall, Admiral Markets is a solid option for traders seeking a well-established and trustworthy broker with extensive offerings and excellent customer service.
Question: What is Admiral Markets?
Answer: Admiral Markets is a financial services company that provides trading and investing services in various financial markets, including Forex, stocks, indices, commodities, and more.
Question: Is Admiral Markets a regulated company?
Answer: Yes, Admiral Markets is a regulated company. It is authorized and regulated by the Financial Conduct Authority (FCA) in the UK, Australia Securities & Investment Commission (ASIC) in Australia and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus.
Question: What trading platforms does Admiral Markets offer?
Answer: Admiral Markets offers several trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and WebTrader. These platforms are available for desktop, mobile, and web-based trading.
Question: What is the minimum deposit required to open an account with Admiral Markets?
Answer: The minimum deposit required to open an account with Admiral Markets varies depending on the type of account and can be as low as 1 USD.
Question: What instruments can I trade with Admiral Markets?
Answer: Admiral Markets offers a wide range of trading instruments, including Forex, stocks, indices, commodities, bonds, and ETFs.
Question: Does Admiral Markets offer any educational resources?
Answer: Yes, Admiral Markets offers a variety of educational resources, including webinars, video tutorials, eBooks, market analysis, and more, to help traders improve their knowledge and skills.
Question: What payment methods does Admiral Markets accept?
Answer: Admiral Markets accepts several payment methods, including bank wire, credit/debit cards, Skrill, Neteller, Perfect Money, and cryptocurrencies. The fees and commissions for each payment method may vary.
BCR | Basic Information |
Registered Country | Australia |
Founded | 2008 |
Regulation | ASIC, FSC (Offshore) |
Tradable Assets | Forex, CFDs on metals, commodities, indices |
Account Types | Standard, Advantage, Alpha, and Affiliate. |
Demo Account | Yes |
Islamic Account | Not specified |
Maximum Leverage | 400:1 |
Spreads | From 3.0 pips |
Trading Platforms | MT4 |
Minimum Deposit | $300 |
Payment Methods | Bank transfer, MasterCard, Direct Debit, Visa, UnionPay, Fasapay, helpay2, NPAY, Skrill, Neteller, POLi, USDT |
Customer Support | 24/5 online chat, contact form, phone: +44 3300010590, email: info@thebcr.com, social media |
BCR is an Australian forex broker that was established in 2008 under the company name BACERA CO PTY LTD. The broker is regulated by ASIC (Australian Securities and Investments Commission) and offshore regulated by FSC (Financial Services Commission), ensuring compliance with financial regulations and providing a level of trust and security for traders.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.
We will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.
Pros | Cons |
• Regulated by ASIC | • Limited Account Types |
• Demo Account | • Wide Spreads |
• Commission-free | • No 24/7 Support |
• Advanced MT4 Trading Platform | |
• Various Market Research Tools |
Pros:
• Regulation: BCR is regulated by ASIC (Australian Securities and Investments Commission), which provides a level of security and trustworthiness for traders.
• Demo Account: BCR provides a demo account, allowing traders to practice and test their trading strategies in a risk-free environment.
• Commission-free: BCR offers commission-free trading for all account types.
• Advanced Trading Platforms: BCR provides access to advanced MT4 trading platform, offering comprehensive charting tools, indicators, and automated trading capabilities.
• Market Research Tools: BCR offers various market research tools, including economic calendars and market live, to help traders stay informed and make well-informed trading decisions.
Cons:
• Limited Account Types: BCR only offers two account types, which could restrict options for traders with specific needs or preferences.
• Wide Spreads: BCR offers spreads from 3.0 pips, while the industry average spread is just 1.5 pips.
• Customer Support Availability: The availability of customer support might be limited outside of regular business hours, which could be inconvenient for traders in different time zones or those requiring immediate assistance.
BCR operates within a well-regulated framework, authorized and regulated by respected financial authorities, including the Australian Securities and Investments Commission (ASIC, No. 328794) and offshore regulated by the Financial Services Commission (FSC, No. SIBA/L/19/1122) in the Virgin Islands.
This regulatory oversight ensures that BCR complies with stringent financial regulations, industry standards, and best practices. The ASIC and FSC play a crucial role in monitoring and supervising Doo Prime's operations, ensuring that the broker maintains transparency, ethical practices.
Additionally, BCR's practice of keeping segregated client funds means that client money is kept separate from the company's own funds. This can offer an additional layer of security for traders, since in the event of a company bankruptcy, these funds would not be treated as recoverable assets by general creditors of the company. This practice is common among regulated brokers as it provides more protection for traders' investments.
Forex, CFDs on metals, commodities, indices... BCR allows clients to access 300+ trading markets. Therefore, both beginners and experienced traders can find what they want to trade on BCR.
This includes prominent global forex currency pairs, allowing for trading in the foreign exchange market.
They also offer CFDs on metals, which may include precious metals like gold and silver, as well as industrial metals.
In addition, traders can access CFDs on commodities, from energy sources like oil and gas to agricultural products.
This is extended to indices, tracking performance of groups of shares in a particular market or sector.
However, cryptocurrencies are currently unavailable.
This extensive offering enables traders to diversify their portfolios and engage in different markets based on their investment preferences and strategies.
Apart from demo accopunts, BCR offers four live account types: Standard, Advantage, Alpha, and Affiliate. All account types provide leverage up to 400:1, a 50% stop-out level, micro-lot trading (0.01), and access to single stock CFDs, except for the Alpha account. The minimum deposit requirements range from $300 USD for the Standard and Advantage accounts to $3,000 USD for the Affiliate account. Spreads start from 1.2 pips for the Advantage account, with the Alpha account offering zero spreads. Additionally, the Advantage account charges a $3 USD commission per lot per side. The lot size per transaction is capped at 20 for all account types.
Here are four specific steps to open an account with BCR:
Step 1: Visit the BCR official website: Go to the BCR website using a web browser on your computer or mobile device. Navigate to the account opening section: Look for the “Join Now” button on the website on the homepage.
Step 2: Fill out the account application form: Click on the account opening button/link, and you will be directed to an online form. Provide the requested information, including your full name, contact details (such as phone number and email address), and password.
Step 3: Submit identification documents: As part of the account verification process, BCR may require you to provide identification documents. These documents may include a copy of your passport or national ID card, proof of address (such as a utility bill or bank statement), and any other documents requested by the broker.
Step 4: Review and agree to the terms and conditions: Before finalizing your account creation, carefully read through the terms and conditions provided by BCR. Make sure you understand and agree to all the terms before proceeding. If you have any questions or concerns, you can contact their customer support for clarification.
BCR provides traders with maximum levearge up to 400:1.
Leverage, in simple terms, is a tool that enables traders to control a larger position in the market with a smaller amount of capital. It can be a valuable tool for experienced traders who understand its risks and benefits. By using leverage, traders can potentially generate higher returns on their investments.
However, leverage is a double-edged sword. While it can enhance profits, it can also magnify losses. Traders should exercise caution and implement effective risk management strategies when utilizing leverage. It is crucial to have a thorough understanding of the market and the associated risks before engaging in leveraged trading.
BCR provides traders with a variety of options when it comes to spreads and commissions, catering to different trading needs and preferences. The Standard account offers a zero-commission trading environment, allowing traders to execute trades without incurring any additional charges. Spreads for the Standard account start from 8.0 pips.
For those seeking even tighter spreads, the Advantage account is available. With spreads starting from 3.0 pips and no commissions, this account offers enhanced trading conditions for traders looking to optimize their trading strategies and minimize their trading costs.
Spreads and commissions vary on the trading symbol, more details can be found in the screenshot below.
BCR provides traders with a versatile trading platform that encompasses the renowned MT4 (MetaTrader4) platform as well as a user-friendly webtrader. The MT4 platform is highly regarded in the industry for its robust features and comprehensive tools, empowering traders with advanced charting capabilities, technical indicators, and a wide range of order types to suit their trading strategies. With MT4, traders can analyze market trends, execute trades with precision, and effectively manage their positions.
BCR provides its customers with a variety of payment options, catering to different banking preferences. The options available for depositing and withdrawing funds include Bank transfer, MasterCard, Direct Debit, Visa, UnionPay, Fasapay, helpay2, NPAY, Skrill, Neteller, POLi, and USDT. This selection gives traders a good deal of flexibility.
In terms of withdrawal request processing, BCR operates a specific schedule. The cut-off time for processing on the same day is 10:00 AM. Requests submitted before this time will be processed on the same day, whereas requests submitted afterwards will not be processed until the following business day.
Additionally, BCR does not charge any fees for deposits or withdrawals. However, transactions between international banks might incur fees such as intermediary fees.
BCR is dedicated to providing its clients with a comprehensive trading experience by offering valuable trading tools and educational resources.
Their economic calendar is a must-have tool for traders, allowing them to stay informed about important economic events that have the potential to impact the markets. Identifying these events can help with planning trading strategies.
Their glossary is an excellent educational resource, especially for beginner traders. It provides definitions for numerous terms used in trading, helping traders become familiar with industry jargon.
Additionally, BCR offers a 'Market Live' feature, which provides real-time updates about market conditions and trends.
These tools, combined with their educational resources, assist traders in making informed decisions and understanding the complexity of the markets, which ultimately contributes towards a more efficient trading experience.
Customer support through multiple channels, including phone, email, contact form and online chat. This multi-channel approach ensures that traders have various options to reach out for assistance or inquiries.
By offering phone support, BCR allows traders to have direct communication with their support team, enabling them to receive real-time assistance and resolve any urgent matters.
Email support provides traders with a written record of their communication, allowing them to articulate their queries or concerns in detail and receive responses at their convenience.
Additionally, BCR's online chat support enables traders to have quick and direct interactions with a support representative. This live chat feature allows for instant messaging and real-time responses.
Below are the details about customer service.
Language(s): English, Chinese, Vietnamese, Japanese, etc.
Service Time: 24/5
Live chat, Contact Form
Email: info@thebcr.com
Phone: +44 3300010590
Social Media: Facebook, Twitter, Instagram, LinkedIn
Address: BCR Co Pty Ltd, Trident Chambers, Wickhams Cay 1, Road Town, Tortola, British Virgin Islands.
Q 1: | Is BCR regulated well? |
A 1: | Yes. It is regulated by ASIC and offshore regulated by FSC. |
Q 2: | What assets can I trade with BCR? |
A 2: | Forex and CFDs on metals, commodities, and indices. |
Q 3: | Does BCR offer demo accounts? |
A 3: | Yes. |
Q 4: | Does BCR offer industry leading MT4 & MT5? |
A 4: | Yes. It supports MT4. |
Q 5: | What is the minimum deposit for BCR? |
A 5: | $300. |
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive admiral-markets and bcr are, we first considered common fees for standard accounts. On admiral-markets, the average spread for the EUR/USD currency pair is From 0 pips, while on bcr the spread is 0.0+.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
admiral-markets is regulated by ASIC,FCA,CYSEC,FSA,BaFin. bcr is regulated by ASIC,FSC.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
admiral-markets provides trading platform including Zero.MT4, Zero.MT5, Trade.MT5,Trade.MT4,Invest.MT5 and trading variety including Currency pairs - 45 Metal CFDs - 3 Cash Index CFDs - 10 Energy CFDs - 3. bcr provides trading platform including ALPHA ,STANDARD ,SWAP-FREE and trading variety including --.