bcrfx.com is a contract for difference (CFD) broker website, with its domain registered on January 19, 2024. It primarily offers trading services in financial derivatives such as forex, metals, commodities, indices, and stocks to retail and institutional clients. This broker does not provide services to jurisdictions where it may violate local laws or regulations.
Corporate Registration Information and Regulatory Status:
According to publicly available information on the bcrfx.com website, the company entity of this broker is BACERA CO PTY LTD, authorized and regulated by the Australian Securities and Investment Commission (ASIC) (AFSL number 328794).
After verification, bcrfx.com was found to be a counterfeit website of the broker BCR. Its website content and information are copied from BCR. However, upon careful examination, differences can still be identified. For instance, BCR uses the MT4 and MT5 trading platforms, while bcrfx.com uses ST5, which is commonly used by fraudulent brokers. Additionally, clicking on "OPEN ACCOUNT" on the bcrfx.com website directs users to an online trading interface frequently used by fraudulent brokers, which is completely different from the normal BCR account opening interface.
Furthermore, BCR has announced on its official website that bcrfx.com is not its real URL, but rather a fraudulent counterfeit site.
Account Opening Process:
To open an account on bcrfx.com, visit the broker's official website and click "OPEN ACCOUNT" at the top right corner of the page to access the account registration page. Fill in the required email address and set a login password. The broker will then send a verification code to the email provided. Enter the verification code into the application form and submit it. Once submitted, the account will be successfully registered. After logging in, further identity verification is required before making deposits and starting trades.
Trading Account Information:
bcrfx.com supports demo accounts and two types of live trading accounts: ADVANTAGE and ALPHA.
ADVANTAGE:
- Minimum Deposit: $300
- Spreads: Starting from 1.2 pips
- Round-Trip Trading Commission: None
- Maximum Trading Leverage: 1:30
- Supported Currencies: AUD/USD
- Maximum Lot Size per Trade: 10 lots
- Swap: Supported
ALPHA:
- Minimum Deposit: $500
- Spreads: Starting from 0.0 pips
- Round-Trip Trading Commission: AUD 5 / USD 6
- Maximum Trading Leverage: 1:30
- Supported Currencies: AUD/USD
- Maximum Lot Size per Trade: 20 lots
- Swap: Supported
Trading Platform:
bcrfx.com offers the ST5 trading platform, claiming it supports more than 22 languages and over 200 custom indicators and EAs. Users can receive real-time market analysis.
Deposits and Withdrawals:
bcrfx.com supports deposits and withdrawals via bank transfer, credit/debit card, UnionPay, or inter-company transfer.
Conclusion:
Traderknows reminds investors that bcrfx.com is a counterfeit website imitating the legitimate broker BCR. Traderknows advises investors to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as "Suspected Fraud" on Traderknows.
