BIC Forex, also known as BIC Markets, is a forex and CFD trading company that aims to provide traders with a secure and transparent trading environment. The company was founded in 2012 and is based in the Republic of Mauritius, with offices in London and Hong Kong.
BIC Forex offers a range of trading instruments, including forex, commodities, indices, and cryptocurrencies. The company uses the MetaTrader 4 (MT4) trading platform, which is widely considered as one of the most popular and reliable trading platforms in the industry.
One of the key features of BIC Forex is its tight spreads, which start from as low as 0.0 pips. The company also offers leverage of up to 1:500, which allows traders to amplify their trading positions and potentially increase their profits. However, it is important to note that higher leverage also means higher risk, and traders should use caution when using leverage.
BIC Forex also offers a range of account types to cater to different trading styles and experience levels. The company’s standard account requires a minimum deposit of $100, while its VIP account requires a minimum deposit of $10,000. The VIP account offers additional benefits such as lower spreads, dedicated account managers, and exclusive trading tools.
One of the unique features of BIC Forex is its social trading platform, which allows traders to follow and copy the trades of other successful traders. This feature can be particularly useful for novice traders who are still learning the ropes of trading and want to learn from experienced traders.
BIC Forex also places a strong emphasis on security and transparency. The company is regulated by the Financial Services Commission of Mauritius and is required to adhere to strict regulatory standards. The company also uses advanced security measures such as SSL encryption and two-factor authentication to protect its clients’ personal and financial information.
In addition, BIC Forex provides its clients with access to a range of educational resources, including webinars, video tutorials, and a trading academy. These resources can help traders improve their trading skills and make more informed trading decisions.
Overall, BIC Forex is a reputable and reliable forex and CFD trading company that offers a range of trading instruments, account types, and educational resources. The company’s focus on security, transparency, and customer support makes it an attractive option for traders who are looking for a trustworthy trading partner. However, as with any form of trading, it is important to carefully consider the risks involved and to use caution when trading with leverage.
