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Reviewed by B.I.C Markets General Information
B.I.C Markets was founded in Phnom Penh, Cambodia in 2017 and is regulated by the Securities and Exchange Commission of Cambodia (SECC). The company is also registered to provide financial services by the Registrar of International Business Companies and is registered by the Financial Services Authority of Saint Vincent and the Grenadines.
B.I.C Markets offers services and features designed for both retail and expert advisor traders, the company promotes themselves as the best choice for high volume traders, scalpers and algorithmic trading due to their servers being located in the London Equinix LD4 data centre.
B.I.C Markets has a very low latency execution for trading (meaning fast execution) and does not charge an inactivity fee. The company also has an easy and fast account opening. The deposits are free and withdrawing is very user-friendly.
PRO Trading
B.I.C Markets PRO Trading account spreads are all inclusive of fees. There are different cost structures based on the account type. The PRO Trading account provides pricing from 1.2pip and has 1.5pip average on EUR/USD. This is the account of choice for transparent trading and for expert advisors and scalping.
ZERO Commission Trading
B.I.C Markets standard account is the ZERO account. If you prefer deposit bonuses and promotions or testing on the live account price feed this is the account for you. There is a $200 account opening minimum compared to the PRO account which is $10,000 account opening minimum.
No Account Fees
There are no inactivity, account, and deposit fees for both account types. This is a great advantage over the other brokers who charge deposit and account inactivity fees.
The account opening at B.I.C Markets is very user-friendly and fully digital.
Who Can Open An account?
B.I.C Markets accepts customers from all around the world. There a few exceptions, most notable is the USA.
The minimum account opening deposit at B.I.C Markets is $200. This is low, since other comparable brokers are requiring a minimum of $2,000.
