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Forex Broker Rating

Bancara

Bancara

Information about the broker Bancara

Rating: 1
Jurisdiction: Comoros
Regulators: ASIC, MISA, NRA, FIU, FSA Mauritius, FSCA, VFSC
Foundation date: 2025
Site: https://bancara.com

Brief informationBancara

Launched with promises of quick profits, Bancara positions itself as an international brand in the financial services sector. It claims to operate in various countries and hold numerous licenses, which are presented in the relevant section, and which should confirm its high level of transparency and security.

Bancara presents itself as an investment and brokerage organization offering its clients trading in 

  • shares, 

  • FX instruments, 

  • raw materials,

  • virtual assets,

  • stock indicators,

  • derivatives. 

The company emphasizes its focus on modern technologies and customer convenience, promising a comfortable working environment for both private traders and large institutional investors. It offers several trading platform options: Bancara X, AutoBancara, MT 5, and others.

Bancara

Bancara offers four types of accounts tailored to different client needs, with protected environment, service assistance, and full set of platform tools.

  • Advanced: $10,000, refund request — 2x, credit — 1:200.

  • Premium: $25,000, payment reversal — 3x, leverage up to 1:200, spreads from 1.2 pips.

  • Exclusive: $100,000, chargeback 4x, lease — 1:200, spreads from 1 pip.

  • VIP: $250,000, leverage — up to 1:200. Spreads from 0,8 pips.

The company also additionally offers: 

  • Individual Account with an individual plan, 

  • Demo Account with virtual sum of money and different options, 

  • and Institutional Account with different conditions.

The broker manages two domains:

  • bancara.com;

  • client.bancara.com.

The company also offers various bonuses and rewards to users on its platform, as well as participation in a referral program.

Support is available via email and a feedback form. In addition, the website contains links to the broker's social media accounts.

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Trader Reviews

I searched the internet and found that Bancara is an organization operating under a Mwali license, and it seems that people are saying it's a scam. I didn't check it specifically, I didn't find any reviews, but this discovery made me think. Maybe you can try searching the internet for some reviews. I personally didn't find anything.

  • 2 weeks ago

Can you please tell me whether it is safe to trade on bancara.com? There are so many scams out there, and I can't figure it out. The website looks pretty legit, but it still seems like there's a catch. Is it trustworthy or not?

  • 3 weeks ago

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