Bigoption is one of the latest brokers to join the binary option market, but do not underestimate it! This company has quickly risen to prominence as a leader. Its reputation comes from a wide selection of underlying assets which reach the number of over 200 alongside with a decent return rate of 85%. Another advantage of this broker is its easy-to-navigate website with multitude language varieties such as English, French, German, Arabic and Turkish.
Bigoption has a detailed system of accounts designed to well meet the needs of different customers.
Micro Account is the first type for beginners. Traders who register this account with a minimum deposit of $250 will get a promotional 20% welcome bonus. If you already gain some experiences and are willing to play more, you can choose the Basic Account to trade with. This account contains promotional 50% welcome bonus, one-on-one support, risk-free trade and basic trading signals up to 1 week. You need $1,000 for depositing.
Gold Account is set at higher level, so it also requires higher deposit of $5,000. Of course, with higher deposit you will also receive better benefits such as 75% welcome bonus, 2 risk-free trades, Gold trading signals up to 2 weeks, an auto trading robot and an advanced Guide to Trading.
If you have higher demand than what Gold Account offers. Then, take a look at their Platinum Account. This account is designed specifically for customers with large volume trade. Clients will receive a 100% welcome bonus and additional bonuses for every deposit and 10 risk-free trades. Also it’s great to know that they will adjust the Platinum account to fit each customer’s need.
Professional traders can also register for a VIP account which requires minimum deposit for $100,000. This ultimate account would have many more benefits which are always changed compared with other four accounts.
Also here we find a very special Islamic account but there is no further information since it does not have any demo account.
All these accounts will be granted access to the BigOption Academy, a personal account manager and daily market reviews.
Apart from common trading tools, BigOption has a special, unique ProFollow, which utilizes social trading to improve the profits on binary options. This feature could be found on its trading platform and is very straightforward. To use this, traders will find the leaders, copy their transactions and they can drop their selected leader at any time. This tool also enables traders to choose top traders in their designated category on the trading platform. To identify the traders, please take a look at their initials and the flags next to their accounts.
Beginners are the ones who will get the most benefits from this ProFollow tools. With this tool, traders are able to choose their total investment as well as how long they want to follow certain professional traders. Therefore, traders are totally responsible for their own investing timeframe, which might vary from day, week, month to even year. In addition, ProFollow can help traders locate the best spot between manual trading and hands-free trading. Another advantage is their ability to help you reduce the risk in over-spending because each investment must be set with a limit of how much you spend on each. They also offer market analysis which will be updated daily and weekly.
Promotion is also another interesting thing we find at BigOption. Here they offer you several promotions such as 20 trades 100 risk-free to secure all your profits when you make a minimum deposit of $5,001.
They also have the Double Up and 50% Insurance Account, which means when traders make a deposit of $5,001 in the promotional time, they will get a double of their profit and reduce their losses to 50%.
When it comes to education, BigOption proves that it pays serious attention to give traders with valuable knowledge through its Academy. In this Academy, traders could find introduction about BigOption as well as how this can benefit you. Particularly, you can find here both basic courses for newcomers as well as advanced topics for experienced traders. Some topics are very unique, which means you hardly find them anywhere else such as “Are you an Emotional Trader?”, “Aggressive Trading 10/30 Rule” and “Trading as an Artform”. They also provide customers with market analysis, psychology of trading subjects, financial management and especially one-on-one training.
Deposits and Withdrawals
Fun and easy-to-navigate are our first impression about BigOption’s website. They have very simple depositing and withdrawing process which are available for all credit cards such as MasterCard, Visa, Visa Electron, Maestro, Maestro UK, Diners, Solo, etc. They also accept transactions from online pay programs and Wire Transfer.
You can find the standard trading tools and common features in the market on BigOption’s platform, which is provided by SpotOption. Their underlying asset list is quite impressive with 106 stocks, 33 indices, 32 currency pairs and 7 commodities. Besides that, there are various types of option including the call/put option, 30-second option, 60-second option, 2-minute option and one-touch option. They also upgrade their platform with an advanced color chart and four different order screen views. Moreover, this broker also equips its platform with some special and unique tools such as roll over, double up or sell early. Those are very useful for both new and professional traders.
There is another special tool that we would like to tell you at BigOption. It is the automated trading robot, which use the Faunus Analytics technology to enable hand-free trading and flexibility. This technology is well-known for its sophistication and trustworthiness. Using this tool can help you save time as this robot can trade on behalf of you and it is great to know that this tool is very easy to use. You do not have to be an expert before applying it in your trade.
We also find a mobile app of BigOption which is available on both Android and iOS store. This app is 100% free and has all the trading tools and features of the original platform. They show their effort with this mobile app as it has a customer-oriented interface and runs very smoothly with clear navigation. It will enable possibility to trade and keep track of your business anywhere having Internet access.
BigOption tries their best to ensure that trading here will bring customers benefits. They have released traders’ guide which will cover every aspects of binary options. Also mobile users can find their mobile version which is the Guide to the Mobile App with full explanation and tutorials. You can hardly find any other broker with this kind of detailed guidance.
We did contact with BigOption customer service through Chat. We met a woman who appears to be very helpful and responsive. Though she didn’t have the answer I need, she still promised to come back with clearer response and did that minute later.
If you need their support, you can find them through Live Chat and telephone which can be reached in 7 countries with 5 different languages.
Although this broker is not subjected to any authorized regulatory supervision, their reputation as a responsible and trustworthy broker can definitely satisfy you.
With a great platform, a prosperous underlying asset list alongside with numerous trading types and account choices, there is no doubt that it’s a very good broker that we highly recommend.