While reviewing this broker, it was easy to navigate over the site and its platform. According to info we got from BigFafa representative, they operate on proprietary software. With goal to provide advanced technologies and ensure traders an excellent binary trading experience, they are connected with a Reuters. This way, live data are received continuously and their T&C indicate the main difference between an option price and real time market price.
With BigFafa broker, it is possible to trade with USD, EUR and CAD. Also, on their site we came across info how this broker is regulated by the Estonian Financial Services Authority (licence no 14013746).
FAQ tab was helpful in a way we were able to find needed information regarding how to open an account, is there support available, which features and tools can be used and learn more details about banking procedure.
On BigFafa platform, time is set to GMT +0 which is synchronized with a market time. Also, during the trading process, traders can see two colors, a green one indicates that asset price will rise, while red button shows falling of the price. Maximum investment amount depends on a chosen trade option. For example, in the case of binary, long term and pair options, it is $1500, for Ladder and 60 Seconds amount goes up to $2500 and for One Touch options, max investment is $5000 per position.
During our BigFafa review, we discovered they offer two very popular features, often seen in binary trading industry. One of them is Rollover feature, especially useful when traders are approaching its expiry time and want to postpone it. By activating Rollover, they can delay time of expiry, however it is possible to apply only once per trade and not available for the last daily trade.
The second feature is called Double Up and it consists of plenty benefits. Traders are able to repeat a trade and create a new trade but under the same trading conditions as the initial one. With Double Up, it is possible to increase the investment i potentially make a double profit in case of a strong position.