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
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
|AUDUSD||Australian Dollar vs United States Dollar||1.0||1.2||2.0||2.2|
|EURUSD||Euro vs United States Dollar||1.0||1.1||2.0||2.1|
|GBPUSD||British Pound vs United States Dollar||1.0||1.4||2.0||2.4|
|USDCAD||United States Dollar vs Canadian Dollar||1.0||1.3||2.0||2.3|
|USDCHF||United States Dollar vs Swiss Franc||1.0||1.3||2.0||2.3|
|USDJPY||United States Dollar vs Japanese Yen||1.0||1.2||2.0||2.2|
|AUDCAD||Australian Dollar vs Canadian Dollar||1.0||1.4||2.0||2.4|
|AUDCHF||Australian Dollar vs Swiss Franc||1.0||1.5||2.0||2.5|
|AUDJPY||Australian Dollar vs Japanese Yen||1.0||1.3||2.0||2.3|
|AUDNZD||Australian Dollar vs New Zealand Dollar||1.0||1.6||2.0||2.6|
|CADCHF||Canadian Dollar vs Swiss Franc||1.0||1.4||2.0||2.4|
|CADJPY||Canadian Dollar vs Japanese Yen||1.0||1.3||2.0||2.3|
|CHFJPY||Swiss Franc vs Japanese Yen||1.0||1.5||2.0||2.5|
|EURAUD||Euro vs Australian Dollar||1.0||1.4||2.0||2.4|
|EURCAD||Euro vs Canadian Dollar||1.0||1.6||2.0||2.6|
|EURCHF||Euro vs Swiss Franc||1.0||1.4||2.0||2.4|
|EURGBP||Euro vs British Pound||1.0||1.3||2.0||2.3|
|EURJPY||Euro vs Japanese Yen||1.0||1.3||2.0||2.3|
|EURNOK||Euro vs Norwegian Kroner||1.0||12.5||2.0||13.5|
|EURNZD||Euro vs New Zealand Dollar||1.0||2.1||2.0||3.1|
|EURSEK||Euro vs Swedish Krona||1.0||12.4||2.0||13.4|
|EURTRY||Euro vs Turkish Lira||1.0||15.7||2.0||16.7|
|GBPAUD||British Pound vs Australian Dollar||1.0||2.0||2.0||3.0|
|GBPCAD||British Pound vs Canadian Dollar||1.0||2.0||2.0||3.0|
|GBPCHF||British Pound vs Swiss Franc||1.0||1.7||2.0||2.7|
|GBPJPY||British Pound vs Japanese Yen||1.0||1.6||2.0||2.6|
|GBPNZD||British Pound vs New Zealand Dollar||1.0||2.6||2.0||3.6|
|NZDCAD||New Zealand Dollar vs Canadian Dollar||1.0||1.8||2.0||2.8|
|NZDJPY||New Zealand Dollar vs Japanese Yen||1.0||1.4||2.0||2.4|
|NZDUSD||New Zealand Dollar vs United States Dollar||1.0||1.3||2.0||2.3|
|SGDJPY||Singapore Dollar vs Japanese Yen||1.0||1.6||2.0||2.6|
|USDCNH||United States Dollar vs Chinese RMB||1.0||5.6||2.0||6.6|
|USDHKD||United States Dollar vs Hong Kong Dollar||1.0||5.1||2.0||6.1|
|USDMXN||United States Dollar vs Mexican Peso||1.0||15.4||2.0||16.4|
|USDNOK||United States Dollar vs Norwegian Kroner||1.0||12.1||2.0||13.1|
|USDSEK||United States Dollar vs Swedish Krona||1.0||12.2||2.0||13.2|
|USDSGD||United States Dollar vs Singapore Dollar||1.0||1.8||2.0||2.8|
|USDTHB||United States Dollar vs Thai Baht||1.0||2.0||2.0||3.0|
|USDTRY||United States Dollar vs Turkish Lira||1.0||9.8||2.0||10.8|
|XAGUSD||Silver vs United States Dollar||1||1.7||2.0||2.7|
|XAUUSD||Gold vs United States Dollar||1.0||1.8||2.0||2.8|
|AUS200||Australia S&P ASX 200 Index||0.950||1.120||0.950||1.120|
|CAC40||France 40 Index||1.000||1.200||1.000||1.200|
|CN50||FTSE China A50 Index||3.500||4.110||3.500||4.110|
|DE30||Germany 30 Index||0.950||1.000||0.950||1.000|
|HK50||Hong Kong 50 Index||7.000||10.000||7.000||10.000|
|JP225||Japan 225 Index||6.000||8.000||6.000||8.000|
|NAS100||US Tech 100 Index||2.000||2.200||2.000||2.200|
|UK100||UK 100 Index||1.000||1.000||1.000||1.000|
|SPX500||US SPX 500 Index||0.600||0.600||0.600||0.600|
|US30||US Wall Street 30 Index||2.300||2.500||2.300||2.500|
|UKOil||Brent Crude Oil||0.030||0.040||0.030||0.040|
|USOil||US Crude Oil||0.030||0.035||0.030||0.035|