Big option Review
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|Headquarters||Wirestech Ltd 31 Southampton Road, London, UK|
|Support Types||Phone, Live Chat, E-mail|
|Languages||English, German, French, Arabic, Turkish|
|Minimum Trade Amount||$25|
|Maximum Trade Amount||$500 for Speed, $3,000 for Classic Binary|
|Free Demo Account|
|Regulation||Regulated by CySEC|
|Deposit Methods||Visa, MasterCard, Visa Electron, Maestro UK, Neteller, Wire Transfer, cashU|
|Withdrawal Methods||Visa, MasterCard, Visa Electron, Maestro UK, Neteller, Wire Transfer, cashU|
|Expiry Times||From 30 seconds to the end of the financial year.|
|Types of Assets||Currencies, Stocks, Indices, Commodities|
|Account Currency||EUR, USD, GBP|
|US Traders Allowed|
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.
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.
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.
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.
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.
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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