B.I.C. Markets has invested heavily in technology, connectivity and hardware to deliver consistent low latency execution. Tier 1 Primary liquidity providers connect to the B.I.C. Markets trading system over direct cross connects.

Forex trading is the price speculation of one currency against another. Forex markets are always traded as currency pairs where a forex trader will always buy or sell one currency in terms of another. An example of one such trade would be a EUR/USD buy trade, meaning buying EUR and selling USD.

When you learn and master a consistently profitable forex trading strategy, the potential is limitless. Money management and discipline in executing your trading strategy is key.

The forex market is the largest financial market in the world with a turnover of well over $4 trillion a day. Almost every single transaction on all tradable markets, including futures, bonds and stock markets all have a traceable forex trading impact. All banks, governments and companies are participants in this vastly liquid global FX market. Their trading activity creates volatility, which FX traders are able to exploit to their advantage and consistently profit using their edge.

All B.I.C. Markets forex traders are able to exploit volatility on global markets, with seamless 24 hour access. B.I.C. Markets offers this access to global FX Markets via its powerful MetaTrader 4 (MT4) platform. It’s very easy to open an account today.

Why Trade Forex With BIC FX

Transparent Pricing

Liquidity providers that work in an STP model, send all orders to their Prime Brokers. Most them use “Last Look” functionality, which is a check logic done before execution to examine if requested price is within the price tolerance of the Prime Broker. Unless the execution conditions are met, the order will be rejected by the liquidity provider. This means that streamed prices are only indicative and price execution is not guaranteed. Additionally, Prime Brokers can adjust parameters of execution like the delay of execution and the price tolerance on a per client basis. As a result, Prime Brokers can negatively affect orders from the broker. This often results in poor client experience and can be negative for the brokers reputation.

Contrary to this model, BIC FX’s liquidity is based on matching engine technology, same as used on stock exchanges. This robust solution guarantees that each price in our matching engine is tradable (executable) not just indicative. In the BIC FX liquidity offering, prime brokers or liquidity providers don’t have the ability to examine requested price before execution through their price tolerance algorithms. No last look execution is the most transparent and the fairest liquidity model available in the FX market.

 

 

ZERO Commission Spreads

With an abundance of FX liquidity in our dark liquidity pool, B.I.C. Markets is able to provide traders with the tightest Forex spreads available with zero commission. At B.I.C. Markets, we fully understand the importance of keeping FX trading costs to a minimum so you can maximise your total Forex trading profit.

 

 

Forex leverage up to 400:1

With one simple MetaTrader 4 login, you will be able to access your MT4 trading account anywhere, anytime.

Select your exposure to risk with Forex leverage up to 400:1. By managing risk and overall exposure, professional FX traders are able to consistently profit from market fluctuations. Leverage is the final tool which in the right hands, allows smart Forex traders to generate substantial returns on their accounts. You can change your leverage by contacting our support staff.

Forex Product Details

Currency PairTick SizeAverage SpreadScalping AllowedTP / SL min Level
AUDCAD0.000012.97Yes2 points
AUDCHF0.000012.9Yes2 points
AUDJPY0.0012.46Yes2 points
AUDNZD0.000012.92Yes2 points
AUDUSD0.000012.27Yes2 points
CADCHF0.000013.23Yes2 points
CADJPY0.0012.67Yes2 points
CHFJPY0.0013.23Yes2 points
EURAUD0.000012.39Yes2 points
EURCAD0.000012.96Yes2 points
EURCHF0.000012.69Yes2 points
EURGBP0.000012.36Yes2 points
EURJPY0.0012.42Yes2 points
EURNZD0.000013.96Yes2 points
EURUSD0.000012.46Yes2 points
GBPAUD0.000014.07Yes2 points
GBPCAD0.000013.87Yes2 points
GBPCHF0.000013.48Yes2 points
GBPJPY0.0013.23Yes2 points
GBPNZD0.000016.69Yes2 points
GBPUSD0.000012.49Yes2 points
NZDCAD0.000014.33Yes2 points
NZDJPY0.0013.20Yes2 points
NZDUSD0.000012.63Yes2 points
USDCAD0.000012.53Yes2 points
USDCHF0.000012.63Yes2 points
USDJPY0.0012.34Yes2 points