BIC Markets

BIC Markets Information

BIC Markets is a broker. The tradable instruments, with demo and real accounts with a maximum leverage of 1:100, include forex, metals, energy, and indices. The minimum deposit is $100. BIC Markets is still risky due to its exceeded status.

Pros and Cons

Is BIC Markets Legit?

SERC only regulates BIC Markets, but its status is exceeded which is not as safe as a regulated one, even though it also claims to be regulated by NCCC.

What Can I Trade on BIC Markets?

Traders can choose different investment directions because the broker provides forex, metals, energy, and indices.

Account Type

Traders can open real and demoaccounts at BIC Markets. Traders who want to practice without real investment can open a demo account.

BIC Markets Fees

The commission is free and the spread is not mentioned.

Leverage

The maximum leverage is 1:100 meaning that profits and losses are magnified 100 times.

Trading Platform

BIC Markets has an authoritative MT4 trading platform for iOS, Windows, and Android. Compared with MT5, junior traders prefer MT4.

Deposit and Withdrawal

The minimum deposit is $100. BIC Markets offers multiple deposit and withdrawal methods processed within 5 days, including cash deposit, bank, deposit by check, and domestic/international money transfer. Cash deposits and bank transfers are processed within 2 hours.

Customer Support Options

Traders can contact BIC Markets via phone, email, online chat, and social media to consult or learn, including Facebook, Instagram, and YouTube.