BCR Trading Signals - TU Expert review

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Trading signals are one of the best trading options for beginners and for earning passive income. Novice traders can use such signals and earn a profit, while still learning. Brokers can offer various ways of receiving signals. Traders Union analysts have prepared a detailed analysis of BCR trading signals. You will learn what kinds of trading signals BCR offers and what the conditions for using them are.

Short introduction of BCR

BCR has been successfully operating in the CFD industry for more than twenty years. BCR is an investment firm complying with multiple regulatory bodies, so customer funds are completely secured when trading Contracts for Difference with BCR. All customer funds are fully separated from company funds. The principle of completely segregated client funds is obligatory according to applicable regulatory requirements.

💰 Account currency: AUD, USD, GBP, EUR
🚀 Minimum deposit: 300 USD
⚖️ Leverage: 1:200
💱 Spread: from 0,0 p
🔧 Instruments: Forex, Metals, Commodities, Indicies, Cryptocurrencies, Shares
💹 Margin Call / Stop Out: 100%/50%

BCR Pros and Cons

👍 Advantages of trading with BCR:

Quick order execution. No slippages on fundamental volatility, which points to access to high level of liquidity;

Instant payment processing for most payment methods. No limitations on the amount and number of transactions. No transaction fee;

No limitations on strategies and instruments.

👎 Disadvantages of BCR:

Offshore regulation (British Virgin Islands).

High spread on the Standard account. High fee on the ECN account.

What are trading signals?

Trading signals are signals to enter a trade, which the broker provides to traders. They can be based both on fundamental and technical analysis.

A broker can provide signals in several ways:

  • Copy trading.

  • Email alerts.

  • Signals through a blog on the website.

  • Recommendations of a personal manager, etc.

When choosing signals, it is important to take into consideration their profitability, the list of trading instruments, the conditions of their provision – fees, markup, etc.

BCR Trading Signals

Information

Traders Union analysts performed an analysis of the broker’s trading conditions. The fees traders pay to the broker include the following: swap (except for the swap-free account), and the spread, which already includes the broker’s fee. The broker does not charge deposit/withdrawal fee. The fixed fee on the Alpha account is Alpha - 7 AUD / 6 USD / 5 GBP / 6 EUR.

Account type Spread (minimum value) Withdrawal commission
Standard from USD 17 no
Alpha from USD 0 no

Conclusion

Based on the results of the analysis, Traders Union analysts have concluded that BCR does not have the best conditions for trading signals. The broker offers a limited choice of instruments, for which signals are provided, high fees and there are questions about signal profitability. Therefore, if you are planning to trade signals, it would be a good idea to consider another option.

FAQs

Can trading signals be provided for free?

Brokers may offer free and paid trading signals.

For what assets can trading signals be provided?

Brokers may provide trading signals for any asset, for example Forex, stocks, cryptocurrencies, etc.

Can I lose money by trading signals?

Keep in mind that there are no ideal trading signals and trading signals may lead to a loss of funds. There are always risks.

Team that worked on the article

Mikhail Vnuchkov
Author at Traders Union

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.

Olga Shendetskaya
Author and editor at Traders Union

Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.