Big option Review

MIN. DEPOSIT $250
Up to 500% PAYOUTS
Up to 100% BONUS
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Overview

Broker information Although Big Option was founded quite recently, in 2013, it quickly gained ground to become one of the primary binary options brokers in the industry. Just a year… more

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Details

BrokerBig option
Website URLhttp://www.bigoption.com/
HeadquartersWirestech Ltd 31 Southampton Road, London, UK
Support Number+442030264486
Support TypesPhone, Live Chat, E-mail
LanguagesEnglish, German, French, Arabic, Turkish
Minimum 1st Deposit$250
Minimum Trade Amount$25
Maximum Trade Amount$500 for Speed, $3,000 for Classic Binary
BonusUp to 100%
PayoutUp to 500%
Free Demo Account No
Regulated Yes
RegulationRegulated by CySEC
Deposit MethodsVisa, MasterCard, Visa Electron, Maestro UK, Neteller, Wire Transfer, cashU
Withdrawal MethodsVisa, MasterCard, Visa Electron, Maestro UK, Neteller, Wire Transfer, cashU
Expiry TimesFrom 30 seconds to the end of the financial year.
Types of AssetsCurrencies, Stocks, Indices, Commodities
Account CurrencyEUR, USD, GBP
US Traders Allowed No
Islamic Account: Yes
Mobile Trading Yes
Tablet Trading Yes

Full Review

Broker information

Although Big Option was founded quite recently, in 2013, it quickly gained ground to become one of the primary binary options brokers in the industry. Just a year after its inception, it obtained the “Most Reliable Broker” award which is a testament for its online glory.

BigOption’s main office is domiciled in London and is stringently regulated by CySEC. It offers a mind-boggling choice of more than 200 assets which yield a return rate of 85%. The website of BigOption is available in a number of languages and it is excellently divided into sections which

The website of BigOption is available in a number of languages, including English, German, French, Arabic, and Turkish, and it is excellently divided into sections which makes it very simple to navigate around.

Accounts

Several accounts geared to everyone’s needs are found at Big Option. To start a Micro account, a trader needs $250. Basic accounts are launched with a minimum deposit of $501. Gold account holders must fund it with at least $2,501. Launching a Platinum account necessitates a minimum deposit of $10,001 while VIP account holders may trade after a minimum deposit of $50,000 has been cashed into their accounts. An Islamic account in accordance with Sharia laws is also a possible option. There is no mention of a demo account, though.

Deposit and Withdrawal Options

Ultimate security is what Big Option is really after when it started designing its state-of-the-art platform. At any time, the binary enterprise is dedicated to offering its devoted traders a trading atmosphere which epitomizes quickness, reliability, trustworthiness, and convenience.

The company does that by providing users with multitudes of deposit and withdrawal options which comprise of VISA, MasterCard, Neteller, VISA Electron, Maestro UK, cashU, and Wire Transfer. Bear in mind that Big Option would require any customer to present a couple of personal documents before proceeding to depositing and withdrawing funds.

$100 (depending on the supported currencies) is the minimal withdrawal at Big Option. Withdrawing can be called off by reaching out to account managers.

Features

Perhaps the most interesting feature of Big Option is the ProFollow instrument which enables traders to increase their profits thanks to social trading. It is accessible via the trading platform. Traders may choose to follow and learn from industry leaders by copying their transactions. At any time, they may decide to arrange them in accordance to the assets they trade or stop following them. This feature is extremely helpful for novice traders who are not aware of the industry’s specificities.

Education

Educating Big Option’s traders is done through a variety of tools. The Education Academy welcomes users with a description of its features. Video lessons tailored to the needs of both beginner and experienced traders are available. Courses in market analysis, trading psychology, and financial management aid traders to better analyze the market and make more informed trading choices and decisions.

Customer Support

Live chat and telephone are available in 5 languages and 7 countries around the globe. We contacted a support representative of the company to enquire her about a specific concern of ours. She proved to be very helpful and straightforward.

Bonuses/Promotions

All accounts are eligible for daily reviews of the financial markets as well as an access to Big Option’s Academy.

Micro account’s welcome bonus is 20%. The Basic account comes with 50% bonus, 10 risk-free trades, one-on-one support, and basic trading signals for a week. Gold account holders are entitled to 75% bonus, 15 risk-free trades, auto trading robot, and 2 weeks of trading signals. The Platinum account is tailored to the client’s requirements and receives 20 risk-free trades, as well as a welcome bonus of 100%, and additional perks with each deposit. VIP account holders receive astounding payouts and a host of other benefits.

 

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