Our in-depth Bacera review will give you all the facts that you need to know before signing up with this broker. It is always best to know a thing or two about the company before depositing your hard-earned funds, and that is why our examination of their features will help you get to know Bacera a little bit better.
Bacera – about the company
Bacera is a trading name of Bacera CO Pty Ltd, and the headquarters of this enterprise are located in Sydney, Australia. With almost eight years of experience, one could expect that all traces of a potential Bacera scam are gone, but this broker does not instill a lot of confidence. Even though it is regulated by ASIC, Bacera is not a broker that we would recommend.
Types of accounts
All Bacera reviews have to mention the types of accounts that are offered on this site, and only two categories are a small number of options for prospective investors. A demo account is also present, but it has a limit of 30 days. Standard and Pro account will give you 400:1 leverage, and access to 29 currency pairs, 17 CFDs, and so on.
The software solution used by Bacera broker is called Pro Trader, but it is evident that this software is based on the MetaTrader 4 software package. Clients can interact with the portal on various devices, such as Mac, Windows, Android, and iOS.
Our Bacera opinion would not be complete without a brief insight into the bonuses and trading incentives provided by the broker in question. However, this company fails to provide clients with lucrative rewards, and all of their promotions and “generous gifts” are tied to highly demanding terms and conditions.
Of course, the quality of banking options also played a part in creating our Bacera opinions, but it seems that this broker just offers a standard set of features when it comes to depositing and withdrawing funds. In other words, clients can use credit cards, e-wallets, or bank wire transfers to fund their accounts and collect their potential profits.
When it comes to customer support, Bacera Forex broker is not offering much, and this is another segment where they will have to improve drastically. Their team members can be reached via phone, fax, or e-mail, and there is also an address of their Sydney-based offices. However, this is not nearly enough to satisfy the needs of modern investors and traders.
Bacera review conclusion
As you could see from our Bacera FX broker review, this trading provider still needs to put a lot of effort into the quality of their services. In other words, all of those minor issues and drawbacks are not allowing us to recommend this particular broker, and our readers would be best advised to move on and continue their search elsewhere. A lot of professional and trustworthy brokers are out there, but Bacera is still not one of them.