Top Options
78%/ 100
Type of Broker: Binary Broker
Regulated: CySec
Payout: 500%
Min Deposit: $250
US Clients:
Max Trade Amount: $5,000
Bonus: 30x
Number of Assets: 180
Free Demo Account:
Trading Platform: SpotOption
Types of assets: Currencies | Stocks | Indices | Commodities
Payment METHOD NAME Charge Time

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Full Review

BigOption is an amazing binary options broker that is new in the market. BigOption’s has a friendly and easy-to-navigate website which can be translated in English, French, Turkish, German and Arabic. Owned and run by Silver Services Ltd, BigOption is one of the latest binary options broker that has upgraded its SpotOption trading platform to the Gen 2 platform. BigOption is headquartered in Mahe, Seychelles and runs an operational office in Gibraltar, from where it provides a world class binary options trading platform. The company was formed in 2012, BigOption has continued to grow in strength and reliability.

Promotions and Bonuses

BigOption offers a 100% 20 trades risk free account, where traders can earn risk-free returns by making 20 trades void of facing the risk of ending out of the money, with the promotion requiring a minimum deposit of $2,501.

BigOption offers other promotions such as seen in the big loss insurance cover, where with a minimum deposit of $2,000 a trader can double their profits, while losses get covered on a 50% rate. I’ll advice everyone to try this awesome promotion after signing on with BigOption.

Trading Platform, Payouts and Assets

BigOption employs a web-based trading platform that is easy to use, powerful and yet versatile. It is an enjoyable trading experience when using the binary options platform on BigOption. The broker takes into consideration the user experience, as such the trading platform comes with numerous charts featuring market data.

The BigOption trading platform offers traders multiple screen views for entering orders. An order box can be viewed with the help of an enlarged advanced chart. Depending on the type of trader and the number of orders being watched, there are screens to view 4, 10 and 16 varying order boxes with varying options and chart sizes.

In a bid to look after its diverse client base, BigOption has its own mobile trading platform. This implies that traders who are on-the-go are well catered for on BigOption’s mobile platform, tweaked for both Android and iOS users.

BigOption offers a generous payout of up to 85%, but in the event that their trades closes out of the money, traders on BigOption are still entitled to a 10% rebate. Traders can go for the One touch options if they wish to see higher returns and they’re normally seen to go as high as 500%.

Traders won’t be disappointed about the assets that are tradable on BigOption, as there are over 180 different types of assets. They are definitely going to have a busy time trying to figure out every single asset on BigOption considering that they just have 5 different types of trading contracts at their grasp.

Education and Trading Tools

Traders will find a good chunk of videos that are tailored towards newbies and pro traders at the BigOption Academy. Asides which are free eBooks and a multilingual platform available in English, German, French, Turkish and Arabic. The multiple training videos found on BigOption Academy are suitable for first-time traders, all the way to pro traders.

Some of the training tools that are available on BigOption includes a unique Auto-Trading robot with an 80% results. There’s also the ProFollow ultimate social trading tool that allows traders to copy leading trades from advanced traders on BigOption. ProFollow offers a lot of advantages in terms of the amount of leverage newcomers would experience just by trading off the shoulders of advanced traders.

Banking and Customer Support

The banking feature on BigOption is nicely organized to enable users carry out the primary banking functions and use financial services without complications. It takes about 2 minutes to carryout deposits, with the minimum deposit being pegged at about $250.

As one of the most reliable brokers in the industry, BigOption prides in a high security protocol to ensure safety in its online transactions. This comes in the form of an SSL encryption and a segregated account in which clients funds are being kept. Compliance documents are needed before commencement of trade in view of BigOption’s strict Anti Money Laundering policy.

Accounts on BigOption can be funded using any of the following medium; credit cards, eWallets and wire transfers. Some of accepted credit cards are MasterCard, Visa, Delta, Maestro UK, Meastro and Visa Electron, while net wallet support on BigOption includes CashU, UnionPay, Neteller, and others.

Minimum allowed withdrawal stands at $100 and $250 for bank wire transfers. Bank wire transfers can attract fees of up to about $50, credit cards may attract a $25 fee plus a $10 processing fee, while $25 is deducted during net wallets withdrawal. It takes around 3 days for withdrawals to be processed, which is in line with industry standards.

BigOption delivers an impressive and prompt customer support. At the moment customer support is also offered in French and Arabic asides English. Traders can reach the customer support team via email, live chat and telephone. A toll free number is available for callers in 7 countries. Please refer to BigOptions website to see if it’s applicable to you.

Conclusion

I find BigOption quite impressive in all areas. I’ll start by hailing their over 180 tradable assets, this is quite extensive. The trading platform is packed with a lot of goodies that are purely absent in many other trading platforms. I’m truly amazed by their “ProFollow” trading mode which is a proprietary feature that everyone should try out. You can almost never go wrong trading with BigOption.