B.I.C. Markets
B.I.C. Markets Broker Overview
Here is every key fact about B.I.C. Markets in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.
| Feature | B.I.C. Markets |
|---|---|
| Broker name | B.I.C. Markets |
| Foundation year | 2018 |
| Headquarters | #462, Str Monivong Blvd, Sangkat Tonle Bassac, Khan Chamkarmorn, Phnom Penh, Cambodia. |
| Country | Cambodia |
| Telephone | +855 023 966 669 |
| Email / Skype | support@bicfx.com |
| Regulated by | — |
| Type of broker | STP/ECN |
| Min. deposit | $100 |
| Max leverage | 1:400 |
| Min. spreads | 2 pips |
| Funding methods | Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, etc. |
| Withdrawal methods | Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, etc. |
| Base currencies | USD,EUR,GBP |
| Languages | English |
| Trading platforms | BIC FX MT4 Terminal and BIC FX MT5 Terminal |
| Web trading | ✓ Yes |
| Mobile trading | ✓ Yes |
| News trading | ✓ Yes |
| Hedging & scalping | ✓ Yes |
| Free demo account | ✓ Yes |
| Mini accounts | ✓ Yes |
| VIP accounts | ✓ Yes |
| Managed accounts | ✓ Yes |
| Segregated accounts | ✗ No |
| Islamic accounts | ✓ Yes |
| Swap free accounts | ✓ Yes |
| No deposit bonus | ✗ No |
| Promotion | Yes |
In simple words: traders get BIC FX MT4 Terminal and BIC FX MT5 Terminal, spreads from 2 pips, leverage up to 1:400 and a $100 minimum deposit. New clients can also check the current Yes.
Is B.I.C. Markets Safe? Regulation and Company Details
B.I.C. Markets does not list a regulator on its profile, so treat it as an unregulated broker.
Regulation
No regulator is listed on the broker profile.
Head office
#462, Str Monivong Blvd, Sangkat Tonle Bassac, Khan Chamkarmorn, Phnom Penh, Cambodia. (Cambodia)
Client funds
The broker does not list segregated client accounts.
Track record
In business since 2018. Support is reachable by phone and email.
Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:400.
B.I.C. Markets Trading Conditions
Spreads and commissions
B.I.C. Markets spreads start from 2 pips. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.
Leverage
Maximum leverage reaches 1:400, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.
Trading platforms
BIC FX MT4 Terminal and BIC FX MT5 Terminal
Web platform
Trading styles allowed
Hedging, scalping and news trading are allowed — good news for short-term traders. Web and mobile trading are available.
This B.I.C. Markets review covers regulation, fees, platforms and bonuses.
Official website: B.I.C. Markets
B.I.C. Markets Account Types
B.I.C. Markets offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $100 deposit.
Free demo account
Practise with virtual money and test strategies risk-free.
Mini accounts
Smaller trade sizes and a low entry cost for beginners.
VIP accounts
Tighter pricing and priority service for larger balances.
Managed accounts
Let a strategy provider or money manager trade for you.
Islamic / swap-free
No overnight swap charges, in line with Sharia principles.
You can open accounts in these base currencies: USD,EUR,GBP. Choosing the currency you spend in helps you avoid conversion fees.
Deposits and Withdrawals at B.I.C. Markets
B.I.C. Markets supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.
E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.
B.I.C. Markets Bonus and Promotions
Bonuses are a big reason traders search for B.I.C. Markets. Availability depends on your country and the account type.
- Yes — the current promotion for B.I.C. Markets clients. Check the volume rules before you claim it.
How bonus credit really works
- Bonus credit is used as margin; it usually cannot be withdrawn directly.
- Profits made with the bonus are yours, but a minimum trading volume often applies first.
- Withdrawing money early can remove part or all of the bonus.
- Bonuses are not offered in every country or on every account type.
Bonus terms change often. Always read the latest rules on the official B.I.C. Markets website before accepting any offer.
B.I.C. Markets Pros and Cons
Pros
- Yes
- Low $100 minimum deposit
- Spreads from 2 pips, STP/ECN execution
- BIC FX MT4 Terminal and BIC FX MT5 Terminal
- Hedging and scalping allowed
- Islamic, mini, VIP and managed accounts
- 6 deposit and withdrawal methods
Cons
- No segregated client accounts
- No no-deposit bonus
- Bonus comes with trading-volume rules
How to Open a B.I.C. Markets Account
- RegisterFill in your name, email, country and phone number on the B.I.C. Markets sign-up page.
- Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
- Choose an accountPick the account type, base currency, leverage and platform (BIC FX MT4 Terminal and BIC FX MT5 Terminal).
- Fund and tradeDeposit from $100 with your preferred method, claim any eligible bonus, then log in and start trading.
About B.I.C. Markets
B.I.C. Markets Review: Overview
B.I.C. Markets is a forex and CFD broker founded in 2018 and based in Cambodia. It operates as an STP/ECN broker, a model in which client orders are passed on to liquidity providers rather than being handled only in-house. The company's head office is at #462, Str Monivong Blvd, Sangkat Tonle Bassac, Khan Chamkarmorn, Phnom Penh, Cambodia. Its official website is B.I.C. Markets.
The broker targets traders who want access to MetaTrader platforms, relatively high leverage and a wide choice of account types. It offers a minimum deposit of 100, leverage up to 1:400 and a minimum spread of 2 pips. Its account base currencies are USD, EUR and GBP.
Before going further, one point matters more than any other feature in this review: B.I.C. Markets is not regulated. That changes how you should assess the broker, and we cover it in detail in the next section.
Regulation and Safety
Regulation is the first thing a careful trader should check. A regulated broker is supervised by a financial authority that sets rules on capital, client money handling, reporting and dispute resolution. B.I.C. Markets does not hold a regulatory licence according to the information available for this review. For traders, this means there is no independent regulator that you can turn to if something goes wrong.
Client fund protection is also a concern. B.I.C. Markets does not segregate client funds, which means client money may not be held separately from the company's own operating money. Segregation is one of the basic protections that regulated brokers are usually required to provide, so its absence should weigh heavily in your decision.
Being based in Cambodia does not in itself make a broker unsafe, and the company has been operating since 2018. However, the lack of regulation and segregated accounts means you carry more counterparty risk than you would with a broker that is supervised. Before depositing, check the company's published documents, read the terms of service carefully and only commit an amount you could afford to lose.
Account Types
B.I.C. Markets offers a broad menu of account types, which is one of its more notable features. According to the information available, the broker provides:
- Standard accounts for traders who want the usual forex trading conditions.
- Mini accounts with a smaller entry size, suited to traders who are starting out or want to limit position sizes.
- VIP accounts for more active clients, usually with tailored conditions. Check the official website for the exact requirements and benefits.
- Islamic accounts, which are swap-free, for clients who cannot or prefer not to pay or receive overnight interest for religious reasons.
- Swap-free accounts, which remove overnight financing charges from trades held open past the daily rollover.
- Managed accounts, where trading is handled on the client's behalf under an agreed arrangement.
- A free demo account for practising strategies with virtual funds before risking real money.
Because account conditions can differ, compare the spread, commission, minimum deposit and any swap terms for each account type before you open one. The demo account is the easiest way to test how the platform and execution feel without committing capital.
Trading Platforms
Clients can trade on two platforms: the BIC FX MT4 Terminal and the BIC FX MT5 Terminal. MetaTrader 4 remains the most widely used retail platform in forex, with a large library of third-party indicators and expert advisors. MetaTrader 5 adds more timeframes, additional order types and a built-in economic calendar, and it is often preferred by traders who want more advanced tools.
B.I.C. Markets also provides web trading and mobile trading, so you can access your account from a browser or a smartphone. This is useful if you need to monitor or adjust positions away from your desktop. Test the web and mobile versions in the demo account to see whether they meet your needs, particularly for charting and order entry.
Spreads, Fees and Leverage
The broker lists minimum spreads from 2 pips. The spread is the difference between the buy and sell price and is one of the main trading costs. Actual spreads vary with market conditions, the account type you choose and the time of day, especially during news releases and periods of low liquidity. Always check the live spreads in the trading terminal rather than relying on a headline minimum.
Maximum leverage is 1:400. High leverage lets you control a large position with a small amount of margin, which can magnify both gains and losses. Leverage available to you may be lower depending on your country of residence and the account type you hold. Trading forex and CFDs on leverage carries a high risk of losing money, and it is quite possible to lose more than a small deposit if positions move sharply against you. Many traders use far lower effective leverage than the maximum offered.
The minimum deposit is 100. This is a low entry point, but a small balance also means that position sizes need to be kept small to manage risk. Check the official website for any additional fees, including those for deposits, withdrawals, inactivity or currency conversion, as these are not fully covered in the information available for this review.
Deposits and Withdrawals
B.I.C. Markets accepts deposits by Credit/Debit Card, Neteller, Skrill, WebMoney and Bank Wire Transfer, among other methods. Withdrawals are available through the same listed channels. Using the same method for both deposits and withdrawals is a common practice and can make reconciling your account easier.
Processing times, fees and limits for each method are not set out in the information available here, so review them in the cashier section of your account or on the official website before you deposit. Note that e-wallet and card withdrawals can sometimes be subject to specific rules, such as returning funds to the original source.
Bonuses and Promotions
B.I.C. Markets offers a welcome bonus and other promotions. It does not offer a no-deposit bonus. Bonus structures in forex are often attached to conditions such as trading volume requirements, withdrawal restrictions or time limits. These conditions can significantly affect whether a bonus is useful to you, and they can change over time.
Before accepting any bonus, read the full terms and conditions. Check how the bonus is credited, what you must do to unlock it, whether it can be withdrawn and what happens to it if you close positions early. A bonus should never be the main reason to choose a broker, particularly one that is not regulated.
Customer Support
The B.I.C. Markets website is available in English only. If English is not your first language, you may want to confirm how well you can communicate with support before depositing. The information available for this review does not describe specific support channels, opening hours or response times. Check the official website for the current contact details, and test responsiveness with a simple question before you fund an account.
Pros and Cons
Pros
- STP/ECN execution model, operating since 2018.
- Low minimum deposit of 100.
- Leverage up to 1:400 for experienced traders who understand the risks.
- Two MetaTrader platforms, MT4 and MT5, plus web and mobile trading.
- Hedging, scalping and news trading are allowed.
- A wide range of accounts, including Islamic, swap-free, mini, VIP and managed accounts.
- Free demo account for practice.
- Multiple deposit and withdrawal methods.
- Welcome bonus and other promotions available.
Cons
- Not regulated, so there is no independent supervisory authority to rely on.
- Client funds are not segregated.
- No no-deposit bonus.
- Website available in English only.
- Minimum spreads of 2 pips, and actual spreads should be checked in the live terminal.
- Fees, processing times and support details are not fully described in the information available.
Verdict
B.I.C. Markets has a lot to offer on paper. The platform choice, the range of account types, the low minimum deposit and the high leverage will appeal to many traders. The STP/ECN model and the availability of hedging, scalping and news trading suit active traders who want flexible conditions.
However, the absence of regulation and the lack of segregated client funds are serious drawbacks. These factors mean that the protections you would normally expect from a supervised broker are not in place. For that reason, B.I.C. Markets is better suited to experienced traders who fully understand the counterparty risk and are willing to accept it. Beginners who prioritise safety should look for a regulated alternative.
If you still want to consider B.I.C. Markets, start with the free demo account, read the official terms, check all fees and bonus conditions, and deposit only a small amount you can afford to lose. Trading forex and CFDs on leverage carries a high risk of losing money, and no broker review can guarantee the outcome of your trades.
Frequently Asked Questions
Is B.I.C. Markets regulated?
According to the information available for this review, B.I.C. Markets
Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.
Final Verdict: Should You Choose B.I.C. Markets?
B.I.C. Markets offers a $100 entry cost, BIC FX MT4 Terminal and BIC FX MT5 Terminal platforms and a track record since 2018.
B.I.C. Markets suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
