BCR does offer a Demo Account that mimics a live trading account and offers many features for traders. Traders have access to the same functions, features, and options that they normally would on a live trading account.
BCR at a Glance
| 🔎 Broker's Name | BCR |
| 📍 Headquartered | Sydney, Australia |
| 📅 Year Founded | 2008 |
| ⚖️ Regulating Authorities | Australian Securities and Investments Commission(ASIC) and BVI Financial Services Commission(BVIFSC) |
| 🌐 Countries not accepted for trade | The United States |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1: 400 |
| 💰 Minimum Deposit | 500 AUD/R5 517 |
| 💳 Deposit Options | Credit Card Debit Card Skrill Neteller UnionPay |
| 💳 Withdrawal Options | Internal transfer PayPal Local Deposits POLi Wire Transfer Withdrawal Options · Credit Card Debit Card Skrill Neteller UnionPay |
| 💻 Platform Types | MetaTrader 4 |
| 📱 OS Compatibility | Web, Android, iOS, desktop |
| 📈 Tradable assets offered | Over 35 currency pairs 2 crypto pairs 8 Indices Cash CFDs 5 Indices Futures 4 Metal Spot Over 30 Stock CFD 1 Metal Future 3 Energy Futures 3 Soft Futures |
| 👨💼 Languages supported on Website | English, Simplified Chinese, Traditional Chinese, Indonesian, Arabic, German, Japanese and Tha |
| 👥 Customer Support Languages | English, Simplified Chinese, Traditional Chinese, Indonesian, Arabic, German, Japanese and Tha |
| 📆 Customer Service Hours | 24/5 |
| 👉 Open a account | 👉 Click Here |
Choose your quick section of our BCR Demo Account below.
BCR Demo Account – 7 key points quick overview:
- BCR at a Glance
- BCR Demo Account – 7 key points quick overview:
- How to set up a BCR Demo Account – Step by Step:
- BCR Demo Account Features
- BCR Pros and Cons
- Conclusion
- Frequently Asked Questions
Here is an overview of the BCR Demo Account as well as the features that are offered.
How to set up a BCR Demo Account – Step by Step:
To register for, and set up a demo account with BCR traders can follow these steps:
Step 1 – Navigate to the demo account registration portal.
- Go to the homepage of BCR and click on the banner ‘Our free demo account’
- This will take you to a page where traders can choose to sign up for a demo account.
Step 2 – Provide the required information.
- When traders click on the banner to continue, they are redirected to the demo account platform where they can explore the broker’s offering and/or practice trading, test strategies, and more for free.
- Before being allowed to continue, traders are requested to complete an online digital form where they must provide their First and Last Name, telephone number, and email.
Step 3 – You will be directed to your new demo account.
- Next, traders must select to accept the Privacy Policy terms and provide permission to be contacted by the broker, with the option of opting out.
- As soon as the trader has submitted their details, they will receive an email on the address that they provided which contains the trader’s demo account number and automatically generated password.
- The email will also contain a link with which the trader should activate the trader’s personal area.
Step 4 –You can now start trading.
You can now begin risk-free trading on your demo account.
- To start trading through the demo account, traders must download the MetaTrader 4 trading platform and log into their account through the platform by using the details provided.
A demo account is also seen as a practice account as it provided traders with the ability and freedom to explore the broker’s offering. They can do so without running the risk of suffering losses since they are provided with virtual money with which to practice trading and trading strategies.
Beginner traders mostly use demo accounts to familiarize themselves with the live trading environment that the broker provides. Through using the demo account, they can build up their trading skills and develop their own trading strategies. Demo accounts are not only for beginners but is also often used by more advanced traders as it gives them the opportunity to explore what BCR has to offer.
BCR Demo Account Features
The demo account that is provided by BCR mimics a live trading account and traders have access to the same functions, features, and options that they would normally find on a live trading account. The only exception is that the demo account is a risk-free account.
Traders are provided with virtual funds to conduct their trading but are not allowed to withdraw any profits which are made on the demo account. Using the platform, traders will have access to the various tools, functions, and features which is on offer.
BCR Pros and Cons
✔️ Pros ❌ Cons
Demo account sign-up fully digital Demo account expires after 30 days
MetaTrader 4
Sign-up completed in minutes
Conclusion
BCR Demo Account mimics a live trading account and offers many features for traders. Traders have access to the same functions, features, and options that they normally would on a live trading account.
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Frequently Asked Questions
What is the difference between a demo and a live trading account?
A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring both the broker’s offer and the trading platform.
A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.
Does BCR offer a demo account?
Yes.
For how long is the demo account valid?
30 days.
Which live trading accounts does BCR offer?
BCR offers a Standard Account, Pro Account, Alpha Account, and an Islamic Account for Muslim Traders.
What are the available deposit currencies for a live trading account?
USD, GBP, EUR, and AUD
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