BCRPRO Review – Unbelievably Efficient Crypto Theft Scheme

Although not regulated or adequately supervised, this brokerage convinces its victims they’re a premium online trading service with narrow spreads and supreme trading technology. While the charlatans list several reasons why investors should trust them, we have far more for you not to commit your funds to this fraudulent portal.

Pay attention to our findings presented in the following BCRPRO review and learn about recovery methods.

Broker status:	Unregulated Broker
Regulated by:	No license
Operating Status:	Active online trading sham
Known Websites:	www.bcrproo.com
Blacklisted as a Scam by:	N/A
Owner:	BCRPRO Limited
Headquarters Country:	Vanuatu (alleged)
Foundation Year:	2024
Online Trading Platforms:	WebTrader
Mobile Trading:	No
Minimum Deposit:	$200
Deposit Bonus:	No
CFD Trading Option:	Yes, you can trade CFDs
Crypto Asset Trading:	Available – BTC, ETH, LTC…
Available Trading Instruments:	Forex, Indices, Commodities, Cryptocurrencies
Maximum Leverage:	1:500
Islamic Account:	No
Free Demo Account:	No
Accepts US clients:	US clients are accepted
Global Fraud Protection Experts’ Verdict:	Keep your money safe and don’t invest here. For all withdrawal issues, our legal experts are here to help you.

Not Regulated Even Offshore

The BCRPRO broker firm claims to be regulated by the financial authority in Vanuatu – a small offshore nation with extremely loose licensing standards. However, BCRPRO Limited, the parent company running the website in question, doesn’t appear in the VFSC register.

These charlatans further claim to be members of The Financial Commission, therefore offering compensation options. We also easily debunked this false statement by searching this entity’s database.

Without a tier-1 license issued by FCA, CySEC, BaFin, or a similar regulatory institution, this broker can’t guarantee the safety of funds, negative balance protection, or any other security measure. Please make sure to only invest with trustworthy firms, not textbook scammers like Bluecex and this one.

How the Fraud is Presented

The BCRPRO scam operates a boiler room, which is a fraudulent call center similar to one run by Equaledge. The boiler room agents contact their marks directly through Viber. Promising high trading yields and returns, they lure the victims into investing with the platform.

Of course, this is all met with skepticism by the majority of people. This is why these hoax chat rooms are often populated by a large number of agents, all of which shill the investment deal by pretending to be genuine clients. Reddit users have already posted warnings about this exact strategy.

To create a more believable story, con artists are bombarding social networks with various advertisements and posts. So far, these have been reported to appear on Facebook, Instagram, and Pinterest.

Young Domain With Countless Victims

ICANN register data shows that the bcrproo.com domain involved with the fraud was created in April 2024. So far, there haven’t been any user-created BCRPRO reviews.

Fraudsters mostly target people from these areas:

• United States
• Malaysia
• China

Online hoax sites last only a couple of months before they are taken down. Don’t hesitate to seek help if these swindlers took your money—our experts can help you recover it!

Unreliable Software Instead of MT4

The BCRPRO crypto scam advertises prestigious trading software solutions, such as MT4. However, accessing download links is not possible until you register for a new account. Even after you do so, you’ll only encounter a simplified and shady web trading solution instead of the one you were promised.

Ultimately, there’s no trace of MT4, and you will only be forced to rely on this rudimentary terminal, which is most likely manipulated by the cons themselves.

Fewer Assets Available

Out of thousands of instruments the company markets as available, all tradable products are sorted in several of these categories, including binary options:

• Forex – EUR/USD, USD/GBP, EUR/JPY
• Indices – FTSE100, HK50, CAC40
• Commodities – Sugar, Coffee, Cotton
• Crypto – BTC, ETH, LTC

Account Comparison

If you decide to create a new BCRPRO account, you will be able to choose between only these two options:

• Standard
• ECN

Both packages require the same minimum deposit—$200. Other than that, they can equip you with nothing special to succeed in the world’s markets. The best you can expect is the mentioned limited choice of assets and a suspiciously glitchy trading portal.

Below Average in Costs

Owners of a BCRPRO login account can access dangerously high leverage of as much as 1:500. This is quite characteristic for offshore illicit firms that operate without a valid license.

In addition, spreads aren’t as narrow as previously claimed. The Standard account includes starting spreads of 1 pips, while the ECN account has spreads allegedly starting at 0.0 pips with $6 commission per lot traded.

Other costs remain a secret, as not a single legal document can be opened, although the links on the site exist.

Horrible Payment Processing

Due to the ramshackle state of the platform, it’s highly questionable whether any BCRPRO withdrawal is possible. It is true, however, that the platform does feature deposit and withdrawal commands. The interface is incredibly slow, glitchy, and prone to crashing just from pressing a combination of different links in sequence.

Financial transactions to and from the “purse,” as it is called, are done through cryptocurrencies. Some amenities are provided for bank card transactions, but these don’t seem to work, as the feature doesn’t load. If BCRPRO were legit, they would be under legal obligation to provide a stable environment.

There is no automatic payment processing, meaning you’ll have to personally record any transaction information. Clients are then expected to present this to their boiler room agents so they can credit or withdraw from the account. The process is inefficient by design so the victims would give up on any payouts.

Don’t Wait – Get Your Funds Back!

The more you hesitate and the longer you wait, the smaller the chances of recovering your stolen assets. Being scammed is nothing you should feel ashamed about, but doing nothing about it means accepting your fate and letting criminals get away with crime.

Contact us today if you want to start your chargeback process and if you need any legal advice related to fund recovery procedures. We’re at your disposal and first consultations are always free.