Corporate Profile
BIGMO Is A Relatively New Broker, Established In 2022 And Incorporated In Mauritius. Despite The Company's Relatively Short History, The Services And Products It Offers Have A Certain Appeal In The Trading Industry. BIGMO Aims To Provide Traders With A Diversified, Highly Transparent Trading Platform That Supports Trading On More Than 150 Market Instruments , Including Forex, Contracts For Difference (CFDs) And Commodities, Among Others. The Company Is Currently Not Licensed By Any Financial Regulator In The Trading Industry, A Situation That Could Raise Market Concerns About Its Compliance And Security.
BIGMO Is Headquartered In Mauritius, And Its Technical Team And Client Server Team Are Located In Multiple Regions Around The World. The Company Currently Offers Three Account Types: Gold Account , Diamond Account And Platinum Account , Respectively, For Clients With Different Trading Experience And Capital Size. BIGMO Has A Wide Range Of Trading Products And Supports Trading In A Variety Of Asset Classes Including Mainstream Currency Pairs (e.g. EUR/USD, USD/JPY) And Commodities (e.g. Gold, Crude Oil).
Regulatory Information
BIGMO Is Currently Not Regulated By Any Financial Regulator , Which Makes It Subject To Certain Uncertainties In Terms Of Compliance And Security In The Trading Industry. Although Mauritius, As A Financial Center, Attracts Many Trading Companies To Register, BIGMO Is Not Licensed By Regulators Such As The Mauritius Financial Services Commission (MFSC). This Means That Traders Need To Be More Cautious When Choosing BIGMO, Especially When It Comes To Safety Of Funds And Transparency Of Transactions.
Trading Products
BIGMO Offers Trading On More Than 150 Market Instruments , Including Forex, Stock Indices, Commodities And Cryptocurrencies, Etc. The Following Are Its Main Trading Products:
- Forex : Supports Mainstream Currency Pairs Including EUR/USD, USD/JPY, GBP/USD, Etc.
- Contracts For Difference (CFD) : Supports Stock Indices (e.g. S & P 500, NASDAQ 100), Commodities (e.g. Gold, Crude Oil) And Cryptocurrencies (e.g. Bitcoin/USD), Etc.
- Commodities : Offers CFD Trading On Major Commodities Such As Gold, Silver, And Crude Oil.
BIGMO Has A Wide Variety Of Trading Products That Are Suitable For Clients With Different Trading Experiences. However, Due To Its Unregulated Nature, Traders Need To Carefully Evaluate Market Liquidity, Spreads, And Execution Quality When Selecting A Particular Product.
Trading Software
BIGMO's Trading Activities Are Mainly Conducted Through The MetaTrader 5 (MT5) Platform. The Platform Supports A Variety Of Trading Methods, Including Manual Trading, Automated Trading, And Copy Trading. Here Are The Main Features Of BIGMO's MT5 Platform:
- Web Trading : The Browser-based Version Of MT5 Allows Traders To Access The Platform Via Any Internet Browser Without Having To Download Any Software.
- Desktop App : Provides A Windows Desktop Version With Support For Advanced Features Such As Custom Indicators And Automated Trading Systems.
- Mobile End App : Supports Mobile Trading On Android And IOS Devices. Traders Can Trade And Market Analysis Anytime, Anywhere.
The MT5 Platform Is Widely Popular For Its Powerful Features And Flexibility. BIGMO Provides Traders With An Efficient Trading Environment Through This Platform.
Deposit And Withdrawal Methods
BIGMO Offers A Variety Of Deposit And Withdrawal Methods, Including Bank Transfers, Credit Cards, And E-wallets. The Following Are The Main Features Of Its Deposit And Withdrawal:
- Minimum Deposit Amount : $500 .
- Maximum Deposit Amount : Unlimited .
- Deposit Processing Time : 2 To 5 Working Days .
- Deposit Fee : 0% .
About Withdrawal:
- Withdrawal Processing Time : Every Monday To Friday, 10am To 7pm (GMT + 4).
- Withdrawal Amount Limit : Part Of The Funds Can Be Withdrawn, But The Withdrawal Amount Cannot Exceed The Available Margin.
- Withdrawal Fee : 0% .
It Is Important To Note That BIGMO Requires That Withdrawals Of Funds Can Only Be Transferred To The Account Holder's Name Account, And Transfers To Third-party Accounts Are Strictly Prohibited. In Addition, Clients Are Required To Closely Monitor The Margin Requirements For Unpositioned Squaring Positions To Prevent Risks Due To Insufficient Funds.
Customer Support
BIGMO Provides 24/5 Multilingual Customer Support To Assist Traders In A Variety Of Ways, Including Live Chat, Email, And Phone. Its Customer Support Team Primarily Communicates With Clients Through [email protected] Mailboxes. For Clients With Diamond And Platinum Accounts, BIGMO Also Offers A Dedicated Account Manager Service To Meet Their Individual Needs.
Core Business And Services
BIGMO's Core Business Is To Provide Traders With An Efficient And Transparent Trading Platform That Supports Trading Across Multiple Asset Classes. Its Main Services Include:
- High Leverage Trading : Gold Accounts Offer Leverage Of 1:100 , Diamond Accounts Offer Leverage Of 1:200 , And Platinum Accounts Offer Leverage Of 1:400 .
- Low Spread Trading : Gold Accounts Offer Spreads From 1.8 Pips , Diamond Accounts Offer Spreads From 1.4 Pips , And Platinum Accounts Offer Original Interbank Spreads .
- No Commission Trading : Gold And Diamond Accounts Do Not Charge Any Commissions, Platinum Accounts Charge Small Commissions .
BIGMO Meets The Individual Needs Of Different Traders By Providing Flexible Account Types And Diverse Trading Tools.
Technical Infrastructure
BIGMO's Technical Infrastructure Is Based On The MetaTrader 5 (MT5) Platform, Which Is Widely Popular In The Trading Industry For Its Powerful Features And Flexibility. BIGMO's MT5 Platform Supports A Variety Of Trading Tools And Analytical Functions, Including Technical Indicators, Chart Analysis, Automated Trading Systems, Etc. In Addition, BIGMO Also Ensures The Security Of Trading Data And The Stability Of The Platform Through Reliable Cloud Technology.
Compliance And Risk Control System
BIGMO Is Currently Not Regulated By Any Financial Regulator , Which Makes It Subject To Certain Uncertainties In Terms Of Compliance And Risk Control. However, BIGMO Claims That It Ensures The Transparency And Security Of Trading Activities Through Its Internal Risk Management System. Its Risk Control System Mainly Includes:
- High Transparency Trading : BIGMO Promises To Provide Transparent Trade Execution And Spreads, Ensuring That Traders Can Clearly Understand The Cost Of Trading.
- Strict Account Security Measures : BIGMO Ensures The Security Of Traders' Accounts Through Multi-factor Authentication And Data Encryption Technology.
Nonetheless, Due To Its Unregulated Nature, Traders Need To Be More Cautious When Choosing BIGMO, Especially When It Comes To The Safety Of Funds And Transaction Transparency.
Market Positioning And Competitive Advantage
BIGMO's Positioning In The Market Is A Broker That Provides High-leverage, Low-spread Trading Services . Its Competitive Advantages Are Mainly Reflected In The Following Aspects:
- Diversified Trading Products : Supports Trading On More Than 150 Market Instruments , Including Foreign Exchange, Stock Indices, Commodities And Cryptocurrencies, Etc.
- Flexible Account Types : Offers Three Different Account Types (gold, Diamond, Platinum) To Meet The Needs Of Clients With Different Trading Experiences And Capital Sizes.
- Efficient Trading Platform : Based On The MetaTrader 5 Platform, It Supports Multiple Trading Methods And Advanced Features.
However, BIGMO's Current Unregulated And Relatively New Market Positioning May Have A Certain Impact On Its Market Competitiveness.
Customer Support And Empowerment
BIGMO Supports And Empowers Traders In A Number Of Ways, Including:
- 24/5 Customer Support : Provides Timely Assistance To Traders In A Variety Of Ways, Including Live Chat, Email, And Phone Calls.
- Dedicated Account Manager : For Clients With Diamond And Platinum Accounts, BIGMO Offers A Dedicated Account Manager Service To Meet Their Individual Needs.
- Market Analysis Tools : Offers A Variety Of Market Analysis Tools And Educational Resources To Help Traders Improve Their Trading Skills And Decision-making Abilities.
Social Responsibility And ESG
BIGMO Does Not Currently Explicitly Mention Its Social Responsibility And ESG (environmental, Social And Governance) Commitments On Its Official Website Or In Promotional Materials. However, As A Trading Broker, BIGMO Can Practice Its Social Responsibility By Promoting Transparent Trading, Protecting The Safety Of Client Funds And Providing Arm's Length Transaction Environment.
Strategic Cooperation Ecology
BIGMO Has Not Mentioned Any Major Strategic Cooperation In Its Official Website Or Promotional Materials At This Time. However, As A Relatively New Broker, BIGMO May Improve Its Market Competitiveness And Client Server Quality In The Future Through Cooperation With Other Fintech Companies, Data Vendors Or Educational Institutions.
Financial Health
BIGMO Has Not Yet Made Public Its Financial Statements Or Any Detailed Information About Its Financial Health. As A Newer Company, The Financial Stability Of BIGMO May Have A Certain Impact On The Choice Of Potential Clients. Traders Need To Consider Its Financial Health And Other Market Risks When Choosing BIGMO.
Future Roadmap
BIGMO's Future Roadmap Has Not Been Explicitly Mentioned On Its Official Website Or Promotional Materials. However, As A Broker That Provides High Leverage, Low Spread Trading Services, BIGMO May Achieve Its Development Goals In The Future By:
- Extended Trading Products : Adding More Varieties Of Trading Products To Attract More Different Types Of Traders.
- Improve Technical Level : Provide A More Efficient And Stable Trading Environment Through Technological Upgrades And Platform Optimization.
- Strengthen Compliance : May Seek To Obtain Licenses From Relevant Financial Regulators In The Future To Enhance Its Market Reputation And Customer Trust.
BIGMO's Future Development Potential Depends On Its Market Positioning, Technical Strength And Client Server Quality.
CONCLUSION
BIGMO Is A Relatively Cutting-edge, Unregulated Broker That Has Certain Appeal In The Trading Industry By Offering Services With High Leverage, Low Spreads, And Multiple Trading Products. Its MetaTrader 5-based Trading Platform, Diverse Trading Products, Flexible Account Types, And Efficient Client Server Are Its Main Competitive Advantages. However, Due To Its Unregulated And Newer Market Positioning, Traders Need To Be More Cautious When Choosing BIGMO, Especially In Terms Of Fund Safety And Trading Transparency. In The Future, BIGMO's Development Potential Depends On Its Market Positioning, Technical Prowess, And Client Server Quality.
