Does Big Option Offer a Demo Account?
According to our team’s research, Big Option does NOT provide demo accounts. We also found out that they do not rate highly in Google Trends and there is no significant data about them. As an alternative we selected the top brokers that provide a Demo account for free.
Top10BinaryDemo cannot confirm that Big Option can offer you a demo account. In order to avoid risking real money you can Proceed to an Approved Broker with Demo Account OR choose from the Top Demo Brokers:
Top Brokers with Demo Account:
BigOption is one of the recent binary options broker available on the market. It claims to offer an easy to access webpage that comes in Arabic, Turkish, English, German and French. It uses SpotOption platform, adding some features that make it interesting for both beginners and professional traders. SpotOption is being used by many brokers today. It provides with a firm and personalized piece of software that can be used by everyone. But, we are not confirmed about the authenticity of this broker, so that we advise you to choose another approved broker. In order to minimize the risk of losing your money.
BigOption Demo Account
One of the big disadvantages of BigOption is that this broker does not offer a demo account at all. Most of the traders would prefer to have a demo account in order to test their trading strategies and abilities without risking real money. The fact that this broker does not offer a demo account is a let-down. Instead BigOption can offer the so called risk free account but we haven’t been able to test it so we cannot confirm whether it really works or not.
BigOption Scam Investigation
Scam brokers are very much in common in the binary trading industry, so you need to be very cautious. BigOption is comparatively a new broker. Though there aren’t direct issues of scam we have found out that BigOption’s traders complain about the withdrawal processing. We are still gathering information so we cannot confirm whether BigOption is safe and reliable broker or not.
BigOption Trading Platform
BigOption claims its trading platform to be both advanced and self-generated. Although it has kept the platform’s style, it still asserts to be adjustable, browser-based platform and traders can understand how the software works. Traders generally have their own selected asset to trade with, and at BigOption you have tradable assets, which include Currencies, Commodities, Stocks and Indices. Although claiming to have such kind of a platform, we are still confused whether BigOption is trustworthy broker or not.
In pace with the development of binary options world, BigOption often provides promotions. The broker gives its inner auto-trading robot and trading signals in between other trading tools. You can have access of the market with the Daily Market Analysis and the Trader’s Corner, which is an extra support to traders wanting to improve their trading methods.
In BigOption, you can begin your trading account with $250 whereby you will be capable of getting a welcome bonus of 20% under your Micro Account. As this account type enhances, so does the bonus with every type of account. So, for example the Gold Type Account holders, who make a starting deposit of $2501 onwards, are able to get a 75% bonus and so on.
Those people who deposit more than $5,000 become VIP Account holders and they are able to appoint an individual account manager. A 100% welcome bonus is provided only to the Platinum account holders who deposit $10,000 or more than that.
As you understand very well that you should read the Bonus Policy very carefully because you may find distressing sentences like this:
“To withdraw your bonus amount, you will be asked to carry through a trading volume at least 30 times for every $1 bonus”.
We did complete research to find out even if the online forums have any complaints against this broker. There were many complaints regarding their withdrawal policy and customer services, which raise an alarm. Many of them were regarding the delay of transaction in the withdrawal procedure, not receiving bonuses and not very supportive customer services.
After our research we concluded that Big Option does not provide a demo account.
The lack of practice account and risk free trading makes this broker unsuitable for traders who want to learn how to trade without losing their investment.
I am David Raines, a Binary Options trader with years of experience in online trading. I write reviews of Binary Options Brokers, Auto Trading Software and Signals Providers.