Binary options are prohibited in the European Economic Area. 83% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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BigOption Broker Review

BigOption Broker

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With years of experience in the financial market, the BigOption team provides world-class service for serious traders. We want to show these advantages in BigOption review.  Its key features include its versatile and powerful platform along with a wide range of assets for trading purposes. BigOption meets up to the needs of many in terms of innovation, simplicity and reliability.

Account Features

The goal of BigOption is to empower all classes of traders for maximum success. For this, it is crucial that the features offered by BigOption are tailored for every kind of trader. This way, as we learnt in this BigOption review, traders can achieve their full potential, and more. This is why BigOption put together an interesting offering of trading accounts with different possibilities. In our BigOption review, we tried both – basic and gold accounts. To see what each BigOption account includes, read the rest of the BigOption review.

BigOption Micro ($250 – $500)

  • for new traders
  • smallest required deposit
  • access to daily reviews and the BigOption Academy
  • 20% Welcome bonus

BigOption Basic ($501 – $2500)

  • access to daily market reviews & he BigOption Academy
  • 1 risk free trade
  • 50% welcome bonus
  • personal account manager
  • BigOption signals for 1 week
  • 50% welcome bonus

BigOption Gold ($2501 – $10000)

  • exclusive daily review email
  • advanced trading guide
  • 75% BigOptions welcome bonus
  • personal account manager
  • BigOption trading signals for 2 weeks
  • bonuses for additional deposits
  • weekly BigOption 1-on-1 session
  • access to BigOption trading robot

BigOption Platinum ($10001 – $50000)

  • exclusive daily review email
  • 10 risk free trades
  • BigOption advanced trading guide
  • 100% bonus
  • personal account manager
  • Platinum trading signals for 2 months
  • up to 100% bonus on additional deposits
  • daily BigOption 1-on-1 trainings session
  • BigOption trading robot access.

Customers can also ask for the BigOption VIP account which has even more advanced and better features than the previous accounts if they deposit $50000+. We didn’t try this for BigOption Review.

BigOption also features some great promotions for most of the traders, read the rest of this section of BigOption review.

BigOption 100% 20 trades with no risk account is an amazing opportunity where customers can earn risk-less cash by getting 20 trades without risk of ending out of the money. For the BigOption review we tested it and were immediately locked in forgetting most of our other broker engagements. We traded and traded that we almost forgot about the fact we should finish the BigOption review. This promotion requires a min deposit of $2501.

Other BigOption promotion is a period of extreme profiting with big loss insurance covered by BigOption. During our BigOption review we didn’t use this promotion but here are the specs: minimum $2000 deposit and get your profits doubled while the losses are covered on a rate of 50%. Everyone should try these great promotions after signing up with BigOption .

Education section offers a variety of educational tools and this center is perfect for any type of trader. This educational Academy has Video Courses, E-Book, for beginners and advanced traders as we learnt during the BigOption review. It also has daily and weekly market reviews for traders and beginners. The trader’s corner consists of analysts’ forecast and trading strategies.

Trading Software & Assets

One outstanding feature of BigOption is its web-based trading platform. Our BigOption review showed us it was easy to use, versatile and yet powerful. This binary options platform delivers an enjoyable trading experience. With numerous charts featuring market information, the website also takes into account the user experience.

Like many brokers, BigOption offers the classic High/Low options as well as other binary option types. Still keeping up with the latest trend in capital market trading, BigOption offers the One Touch option for experienced traders.

Speed option enables the trader to execute trades within short time frames, as short as 30 seconds. Ladder trading as well as pairs trading, which, as it is already well known, is the favorite trading style with us so we relied on it during the BigOption review.

Always striving to keep up with the competitive market, BigOption has tried it’s very best to cater for all by building up its mobile trading platform. Smartphones enthusiasts will be delighted to find BigOption’s mobile platform, enhanced for both iOS and android users.

BigOption ProFollow is the ultimate social trading tool that enables traders to copy world leading traders. The ProFollow has multiple advantages especially for beginners’ who do not have any knowledge about binary options trading. We really liked this social feature of BigOption and used it frequently while writing the BigOption review. Users choose a good premium broker to follow and profit from her knowledge by copying trades.

Another way one can leverage excellent BigOption platform is their auto trading bot that is available with higher grade accounts. We didn’t use this feature during our BigOption review. BigOption also offers great strategy and reviews section along with good analyst notes. Asset index is a long list of securities so no trader will be disappointed.

Support Information

BigOption offers a pretty effective and reliable customer support available to their traders. All accounts other than the Micro get an account manager. A dedicated team of account managers are available and all queries and concerns are attended with the utmost care. Customers can contact the support department via electronic mail, telephone or online chat service.

There are 7 international phone numbers listed, for the UK, France, Canada, Australia, Italy and others. The support  answered all the emails we sent during the BigOption review quickly.

BigOption also has a great support centre that is even better than the FAQs providing many information so users wont mostly even need to contact the support.

Banking & Company Information

BigOption features a nicely organized banking control panel that lets all users do the basic banking and use financial services without much hassle. Depositing is a very simple process that takes only a few minutes. When starting BigOption review it took only short time before we could start trading with the funds we deposited. Minimum deposit is $250 which is the higher end of the starter accounts.

BigOption is one among the most reliable brokers in the industry with the high security levels they adopt to ensure trader’s safety online. The platform is SSL encrypted and trader’s funds are kept in segregated accounts. BigOption review indicated avery strict Anti Money Laundering policy so compliance documents are necessary before starting to trade.

Traders can fund their accounts through credit cards, wire transfers and eWallets. Similarly withdrawals can be accomplished via the same electronic payment methods. Credit cards included are Visa, Delta, MasterCard, Visa Electron, Maestro and Maestro UK. BigOption also supports wire transfer and net wallets such as CashU, Neteller, UnionPay. As learnt during the BigOption review, withdrawal minimum amount is $100 ($250 with Wire transfer) which could be lower. Fees which reach $50 for wire, $25 for credit cards (plus a processing fee of $10) and $25 for net wallets are extremely high in our opinion. Withdrawals are processed within 3 days which is in line with the rest of the industry.