broker reviews


About company:


Bacera is a modern Australian Forex broker that provides a variety of investment opportunities.



Bacera is ASIC regulated, which requires the company to hold at least AU $ 1 million in an account. Each ASIC member firm is audited according to international standards for financial regulations.


Bacera is a trade name of Bacera Co Pty Ltd, which declares that all broker's products and services are provided in accordance with Australian laws and regulations. Even international clients are subject to the laws applicable in Australia. And the broker will not accept requests from jurisdictions that go outside the country. Thus, Bacera does not provide its services to US traders due to restrictions imposed by the US CFTC and NFA.


All traders 'investments are kept in segregated accounts and are carefully scrutinized by the ASIC so that the broker does not abuse their clients' funds. Segregated accounts help brokers differentiate their operating capital from clients' money, which helps them meet their obligations in the event of bankruptcy.


Trading conditions

Traders get the opportunity to trade 29 different currency pairs, 17 CFD instruments (indices, stocks, commodities).


Bacera offers two trading account options.


Standard Account is chosen by most of the company's clients. The account is available to customers who are willing to make an initial deposit of $ 300. The spreads for the popular EUR / USD pair are 1.7 pips. There is no commission for all currency pairs except USD / CNH. Also, the broker does not charge a commission on most CFDs, the list of assets subject to additional fees is freely available on the website. The size of the commission is 20 AUD.


Pro Account holders along with a higher minimum deposit (AUD 20,000) get access to lower spreads starting at 1.1 pips.


Both accounts provide traders with a maximum leverage of 1: 400 for Forex and CFDs.


The broker allows scalping and hedging. Traders are not allowed to engage in frequent scalping strategies by trading different lots for different currency pairs. There are also numerous conditions for limit orders and stop loss orders that can add additional pressure to your trading strategies.


Therefore, we recommend that traders carefully read the trading rules and conditions.


Trading platforms

Bacera only offers MT4 as its standard trading platform. The terminal is available on both PC and iOS or Android mobile devices. Terminal MT4 provides the best performance on a desktop interface for both Mac and Windows operating systems, and is primarily intended for traders who need access to a dedicated trading terminal. However, mobile traders also find the MT4 mobile platforms extremely useful for monitoring their accounts on the go and offer excellent trading platforms on smartphones as well as tablets.



The site contains educational materials: introduction to trading, Forex basics, fundamental analysis, technical analysis. In addition, clients can take part in webinars and receive trading signals. All training materials are presented in English only.



The broker regularly holds promotions, offers its customers bonus points and raffles off gifts such as the IPhone 7 (32GB, 256GB), iPhone 7 Plus (32GB, 256GB) or MacBook Pro 13 (512GB). All conditions for participation in promotions and contests are described in detail on the site.


Support service

Available by phone, fax, live chat. Also, a trader can address his question directly to the office. All contacts can be found on the website.


Ways of payment

Payment methods such as bank transfer, credit cards and China UnionPay are available for traders. The broker does not offer e-wallets like Skrill, PayPal or Neteller, which are mostly popular with the online trading community.


Withdrawal of funds to the client's account takes from 3 to 5 days.




regulated broker; demo account; bonuses and promotions; competitive spreads.




no PAMM and Islamic accounts; no ECN environment; limited selection of trading platforms.



BACERA is a brokerage company whose task is to provide intermediary services to traders. Brokers provide access to currency trading in the first place. Many of them also provide an opportunity to transact with company stocks, bonds, commodities, precious metals, indices, cryptocurrencies and other assets. A private person can make transactions with all these instruments only on the trading platform, which the broker provides access to.

In addition, thanks to the brokerage company, an individual can operate on the market with amounts that significantly exceed the size of their own funds. This is called providing leverage. For example, having a deposit of 1,000 USD with a 1: 400 leverage, a trader can make deals for 400,000 USD.

The broker also opens access to analytics, auxiliary tools, and trading signals. Modern trading is impossible without all this.

What is the benefit of a broker?  


The broker BACERA makes profit from traders' transactions, as a rule, in two main ways.

The first is the most common. Using spreads. This word refers to the difference between the best prices for buying and selling a particular asset at a particular moment. Moreover, in a transaction between a trader and a broker, the price is one, and between a broker and users of the Forex market - another. The mediator takes the difference for himself.

The second way is easier to understand. This is the collection of a commission for each transaction performed. Most often it has a standard value, but it can be measured as a percentage.

Thus, the brokerage company is interested in attracting as many clients as possible and for them to conduct active trading.


Ways to cheat customers  


We have found out how honest brokers should work and how they work. Now let's look at how scammers operate, they are also called the kitchen.

The most common way to cheat is to tweak quotes. The broker provides the trader with quotes that differ from the real market ones. Data substitution occurs in order to make operations unprofitable. The deposit is reduced, and then completely zeroed out. At the same time, the trader thinks that his operations were carried out in the market, but in fact - only on the site of scammers.

Bonuses are traps. They are generously distributed for anything: for registration, account replenishment, etc. Only after that, in order for the client to withdraw his own money, mixed with bonus money, it will be necessary to fulfill a number of virtually impossible conditions. For example, conduct trading operations for an amount tens of times greater than the size of the deposit.

In the User Agreement, a clause can also be disguised that allows the broker to manage the client's money. Inattention when reading such an agreement most often turns into a complete loss of the deposit.


Where are brokerage companies registered?


One of the key points is the place of registration and regulation of the company's activities.

Let's talk about registration first. As a rule, brokers from either their own country or from an economically developed country, for example, a member of the European Union, are more credible to traders. Of course, compliance with UK legislation is reassuring, and compliance with the legislation of an unknown island in the Indian Ocean does not mean anything to most.

However, most brokerage companies are registered offshore. And it's not only about small offices, but also about world leaders. Saint Vincent and the Grenadines, Belize, Marshall Islands, Mauritius are offshore zones popular among brokers. By registering there, companies pay significantly less taxes than in the place of actual location, which is sometimes carefully hidden.

If a trader has any claims against such a company, then it is likely that he will have to deal with it in accordance with the legislation of that very conditional Belize. It is possible to be physically present there at the court sessions. And this is extremely expensive and difficult.

But is it worth running like fire from just the word "offshore"? As an answer, we will give the names of companies that are not related to brokerage, but with an impeccable reputation and also save on taxes through offshore registration: Apple, Pfizer, Microsoft, General Electric, Intel.

And here we come to the second important point - this is the regulation of the broker's activities. First of all, it is carried out at the level of the state where the company is registered. Each country has its own regulatory body for brokerage activities. So, in Russia it is the Central Bank of the Russian Federation. A trader can find permissive documentation on the websites of such bodies. But there are also supranational structures. For example, the International Financial Commission (The Financial Commission), which is an independent self-regulatory organization,   considering disputes between its members - brokers and their clients.

If the broker's website does not contain information about the regulation of its activities, then these are almost certainly scammers. Or the site contains information about a certain license issued to him, but this information is not confirmed anywhere else. Most likely, these are also scammers.


What else to pay attention to?


When choosing a brokerage company, study its history. Check out the links to her experts. If one of the leading TV channels in economic news for 5 years in a row refers to the opinion of the analyst of the broker in question, this is good. If a broker claims to have been working for 15 years, but there is no information about him on the Internet at all, this is bad.

It's important to pay attention to company reviews. And read them not only on the website of the broker itself. In the kitchen, they will probably only be laudatory. It is best to browse as many sites as possible.

Pay attention exclusively to the specifics in the offers on the brokers' websites. Honest companies openly write about interest, spread size, minimum deposit, etc. Fraudsters lure with loud, streamlined phrases about a rich tomorrow, stable income, misleading with incomprehensible terms about multi-sites, super functions, and so on.

Find out the company's connection with well-known brands, financial institutions, public organizations. For example, it can be sponsored. Large brokers sometimes hold social promotions. Fraudsters will definitely not do this.

Thus, the process of choosing a broker is complex. But if you approach it carefully, it will allow you to enter the world of trading, which has made millions of people rich all over the world.

FAQ - broker questions

  • 1. Do the trader reviews impact on a rating of BACERA ?

    Any feedback can raise or lower the rating company. To read reviews, go into the rating and select your broker.

  • 2. How to leave a comment about BACERA on the website ?

    In order to leave a review about the broker, go down page, enter a valid email and Your review with an overall score. Reviews are moderated and tracked by the number of comments from the same IP or email. Tech support may request the actual documents that prove that the user was or is a customer of the broker. This rule applies to negative and positive reviews. We want our portal to be honest and independent.

  • 3. Can we assume the broker BACERA decent?

    Before any trade and choosing a broker You must always read reviews on this site and on other sites. Brokers who are honest, have a rating of above 3.8. Also there is always the risk of loss when trading CFDs. Be careful and read the disclosure on the website of the broker. BACERA received a score of 1 of 5 on our resource.

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