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

ProductTick SizeAverage SpreadScalping AllowedTP / SL min Level
AUDCAD0.0000127 pointsYes2 points
AUDCHF0.0000126 pointsYes2 points
AUDJPY0.00124 pointsYes2 points
AUDNZD0.0000127 pointsYes2 points
AUDUSD0.0000123 pointsYes2 points
CADCHF0.0000127 pointsYes2 points
CADJPY0.00124 pointsYes2 points
CHFJPY0.00127 pointsYes2 points
EURAUD0.0000128 pointsYes2 points
EURCAD0.0000129 pointsYes2 points
EURCHF0.0000125 pointsYes2 points
EURGBP0.0000124 pointsYes2 points
EURJPY0.00124 pointsYes2 points
EURNZD0.0000131 pointsYes2 points
EURUSD0.0000123 pointsYes2 points
GBPAUD0.0000129 pointsYes2 points
GBPCAD0.0000127 pointsYes2 points
GBPCHF0.0000131 pointsYes2 points
GBPJPY0.00135 pointsYes2 points
GBPNZD0.0000128 pointsYes2 points
GBPUSD0.0000123 pointsYes2 points
NZDJPY0.00124 pointsYes2 points
NZDUSD0.0000124 pointsYes2 points
USDCAD0.0000124 pointsYes2 points
USDCHF0.0000126 pointsYes2 points
USDJPY0.00123 pointsYes2 points
XAGUSD0.00130 pointsYes25 points
XAUUSD0.0127 pointsYes25 points
AUS2000.130 pointsYes0 points
HK500.170 pointsYes0 points
JP2250.1160 pointsYes0 points
NAS1000.120 pointsYes0 points
UK1000.120 pointsYes0 points
SPX5000.0170 pointsYes0 points
UKOil0.00150 pointsYes0 points
USOil0.00139 pointsYes0 points
US300.160 pointsYes0 points