BigOption, based in UK, is one the leading binary options broker around the world, powered by the SpotOption platform. Guided by a team of professionals, the broker is geared towards providing traders with the most advanced platform as well as an enriched trading experience. This BigOption review shall shed more light on the different elements provided by the broker.
BigOption offers a wide coverage of international assets, catering for the trading preferences of its worldwide customers. With 5 main trading tools at their fingertips, traders shall be privileged to try more than one asset a day and make the most out of the market. Here are the most popular assets traded at BigOption:
- Currencies-EUR/USD, GBP/USD, USD/JPY
- Commodities-Oil, Gold
- Stocks-Facebook, Apple
- Indices- S& P 500, FTSE 100
BigOption traders can make deposits using the following currencies: USD, EUR AND GBP. The account managers and customer support team of this binary options broker are highly effective, providing 24/7 assistance via email, phone and Skype. The website supports 5 languages comprising of English, French, Deutsch, Arabic and Turkish. BigOption not only offers profitable incentives but also put much emphasis on their traders’ education and skills development through the BigOption Learning Camp. In this sense, it consistently extends its learning portfolio for traders to transact more easily.
Main Features of BigOption
- No download required-100% web-based platform
- Innovating trading tools for both novices and experts
- Easy-to-use and secured platform
- High payouts-up to 85%
- Tailor-made investment plans
- Over 180 tradable assets
- BigOption Academy-multiple of guides interactive eBooks and videos
- Advanced mobile trading website
BigOption offers 5 account types according to both traders’ needs and expectations. It is strongly advisable to potential traders to go through each of the account plans and their corresponding benefits. The deposit amount shall depend on the currency you chose in the registration process.
This account is specially designed for novices. One can benefit from its corresponding features by simply depositing between 250-500.
This account is ideal for traders who have just paved their way into binary options trading and who want to make more successful trades. With a deposit of 501-2,500, traders can benefit from wide range of educational tools and a 50% welcome bonus.
Traders must make a deposit amount ranging between 2,501-10,000 to become a Gold account member and benefit from an exclusive trading package comprising of a personal account manager, trading signals and bonuses on every re-deposits.
In order to make large-scale trades, traders are advised to join the platinum account with a deposit ranging from 10,001-50,000.They shall also get daily trading guidance with an expert trader and access to the advanced trading robot.
BigOption welcomes traders to the VIP account with a minimum deposit of 50,000.It is ideal for professionals to their trading careers to another level while maximizing on profit. Upon the amount deposited, payouts can be negotiated with the account managers.
BigOption consists of a pool of highly efficient trading tools. There are classic binary options, pairs, long term, one touch and FX/CFD. However, the two unique features provided by this brokers are known as the Pro-Follow and Strategy Advisor.
Pro-Follow trading is a social trading tool that enables traders to choose among the top traders and copy their transactions. Also, traders are free to choose their investment amounts and the follow periods. If the top trader wins during his transaction, traders also win depending of their deposit percentage.
The Strategy Advisor is mainly a trading calculator that makes informative predictions about the forthcoming asset movements in less than 20 seconds. It makes use of three techniques to get a quick and practical predication. Here they are:
- Relative Strength Indicator
- Moving Average
- Bollinger Bands
The award-winning broker has adapted its platform to the latest market trend, that is, the mobile website. The BigOption mobile application supports both IOS and android smartphones while enabling much trading flexibility among traders. They can transact at anywhere and anytime as they access to the same features as a traditional platform.