After our investigation we found many reasons that made us suspicious about BigOption and as you can see on the graph below they do not rank high on Google Trends.
We are not able to confirm that BigOption is reliable and trustworthy and would recommend to either – visit the Best Broker OR Choose one the safe and secure Binary Options Brokers:
TOP 3 SAFE BROKERS:
|Broker||Min Deposit||Payout||Quality Score||Visit Site|
|$250||90%||73 / 75||
BigOption is one of the newest binary options traders on the market today. They are owned by Silver Services Ltd and carry out their operations using the SpotOption Gen 2 Platform. Headquartered in UK, BigOption is managed by a team of professionals who claim to provide an effective and simple binary options trading platform. Their vision includes providing traders with easy access to their funds, an efficient platform to trade, comprehensive educational centre and high returns on investments.
Because BigOption is so much talked about in the binary options trading market, we decided to investigate the company and reveal further information about them. Based on our investigation, we have found that they do not rank high on Google trends and the data that is available about the company does not provide realistic and real overview of their reputation. While we cannot say that BigOption is a scam, we also cannot promise that they are reliable and safe.
BigOption runs on the SpotOption trading platform which is licensed by CySEC. This ensures that the trading platform is safe and it adheres to the regulations of CySEC. But the broker is relatively new so it is not quite possible for us to say that they are 100% reliable. For anyone who wishes to sign up must use caution to be safe.
BigOption Withdrawal Methods
The options available for you to withdraw your money include bank transfer, eWallets and credit cards. The best thing about BigOption withdrawal system is that they promise same day processing. As soon as a trader puts a withdrawal request, the broker processes the request the same day. But when we investigated this claim of processing withdrawals the same day, we came across contradictory reviews of customers. This is the reason we cannot say that BigOption does what it claims to do.
BigOption Demo Account
One of the disadvantages for traders who are considering using the BigOption platform is that they do not offer demo trading. Demo trading is an essential tool that can help traders become familiar with the platform. If demo trading is not available, there will be huge risk for losses due to being unfamiliar with the platform. Our advice is that when looking for a binary option broker, consider that they offer demo trading.
BigOption Promotions and Bonuses
The kind of bonuses you qualify for largely depends on the type of account you have. Usually they are in the 20-100% range. But, in order to claim your bonus, you must trade at least 30 times the bonus amount. For example, if the bonus is $100, you must execute trades of $3000 to qualify for the amount. To avoid any kind of disappointment, it is important that you read their policies regarding bonuses first.
Our team of investigators have come across numerous complaints against BigOption. Some of these complaints are related to BigOption trying to avoid payments to clients. The broker has been accused of delaying withdrawals in a number of cases. In some cases, the broker has also wiped out accounts of clients who attempted to make withdrawals. We don’t know how much of these complaints and accusations are true because they could be from competitors or unhappy clients who failed to understand BigOption rules and regulations. What we can say is to sign up only when you are confident that you are dealing with the right broker.
After making detailed investigation of BigOption our team came to the conclusion that there are other brokers that offer better service and have higher customer satisfaction.
We recommend You to Proceed with the Best Broker which has been ranked to offer the best service amongst over 100 brokers. Or you can Open an Account with at your own Risk.