BigOption Forex Broker

Note: BigOption's official website: https://www.bigoption.com/ is currently inaccessible normally. BigOptionReview Summary Founded2021 Registered Country/RegionUnited Kingdom RegulationUnregulated Market Instruments102 stocks, 30 currencies, 9 commodities, 42 indices Demo Account/ Leverage/ Spread/ Trading PlatformSpotOption Min Deposit$100 Customer SupportTel: +442030268502 Email: compliance@BigOption.com Address: Office 3.11, Nwms Center, 3rd Floor; 31 Southampton Row, London, WC1B 5HJ Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands, MH96960 Founded in 2021, BigOption is a forex broker registered in UK, offering various market instruments including 102 stocks, 30 currencies, 9 commodities, and 42 indices via SpotOption trading platform. However, BigOption operates without regulatory oversight from any reputable financial body.Pros and Cons ProsCons Diverse trading choicesInaccessible website Commission-freeUnregulated status Islamic accounts offeredLimited info on trading conditions Popular payment optionsNo MT4/MT5 Withdrawal fee charged Long withdrawal timeIs BigOption Legit? No, BigOption is not regulated currently. Please be aware of the risk!What Can I Trade on BigOption? BigOption offers various assets consists of 102 stocks, 30 currencies, 9 commodities and 42 indices, adding up to a total of 183 assets. Tradable Instruments Supported Currencies✔ Commodities✔ Indices✔ Stocks✔ Cryptocurrenices❌ Bonds❌ Options❌ ETFs❌Account Type BigOption offers Islamic accounts. However, specific account types are not mentioned.Trading Platform BigOption provides traders with SpotOption trading platform to operate. BigOption have added multiple perks, VIP accounts and a new feature called strategy advisor. There are plenty of guides and tutorials available before traders even sign in. For VIP clients, autotraders are available. Risk-free trades can become available for account holders with deposits of 1001 and above. Trading PlatformSupported Available Devices Suitable for SpotOption✔// MT4❌/Beginners MT5❌/Experienced tradersFees/Commissions Withdrawal fees will be charged: 50 for wire, 25 for credit cards plus 10 in processing fees, 25 for e-payments. In addition, accounts that have not executed a turnover of more than 200/that are not verified will also be charged 10% of the withdrawal amount. There are no commissions in BigOption.Deposit and Withdrawal Clients of BigOption can deposit or withdraw via wire transfer, E-Wallet, Netteller, Union pay, Cashu and C.C. Minimum deposit and withdrawal amount is 250/wire and 100 via other methods. Withdrawals are processed between 3 to 7 business days. Before requesting a withdrawal, traders have to submit required documents for approval.Bonus Bonuses differ in size depending on account type but are within the range of 20-100%. To withdraw the bonus, traders need to make 60 times for each bonus dollar they have accepted. Additionally, traders cannot withdraw their own funds once the bonus is accepted.