Verified: The BigFx Company Domain Name Was Registered In 2024 And Is A Forex Broker. The Company Is Currently Unregulated. Please Choose Carefully And Pay Attention To The Risks.
Note: BigFx As A, Unregulated Broker, Which Means That The Client's Investment May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold The Company Accountable, The Lack Of Supervision Increases The Risk Of Potential Financial Losses.
If You Invest In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And When Choosing A Broker, Remind Everyone To Stay Away From These Unregulated As Much As Possible.
According To The Company's Official Website:
BigFx Is Said To Be An Estonian Forex Broker That Offers Its Clients A Web-based Trading Platform, Leverage Up To 1:300, Fixed Spreads On Various Tradable Assets, And A Choice Of Five Different Account Types.
Market Tools
BigFx Advertises That It Offers A Wide Range Of Trading Tools On Financial Marekt, Including Forex Currency Pairs And CFDs On Indices, Commodities, Precious Metals, Stocks, Cryptocurrencies, ETFs And Bonds.
Account Types
BigFx Offers Five Live Trading Accounts, Namely Elementary, Standard, Investor A, Trader VS And Premium A +. The Minimum Initial Deposit Amount Required To Open A Junior Account Is $500, While The Minimum Initial Capital Requirements For The Other Four Account Types Are Much Higher, At $2,500, $5,000, $10,000, And $50,000.
Leverage
Traders Holding Different Account Types May Encounter Vastly Different Maximum Leverage Ratios. Elementary Or Standard Account Clients Can Experience 1:100 Leverage, Investor A Account With 1:150 Leverage, Trader VS Account With Up To 1:200 Leverage, And Premium A + Account With Up To 1:300 Leverage. Remember That Leverage Can Amplify Gains And Losses, And It Is Not Recommended For Inexperienced Traders To Use Excessive Leverage.
Spreads
When We Tested On BigFxs Web-based Trading Platform, We Found That The Spread For The EUR/USD Currency Pair Was Fixed At 3.5 Pips. Other More Detailed Spread Information, Which Is Not Directly Covered On Its Official Website.
Trading Platform Available
Talking About The Available Trading Platforms, As Opposed To The World's Most Widely Used Metatrader4 And Metatrader5 Platforms, BigFx Offers Traders A Web-based Platform. The Interface Of This Web-based Trading Platform Is Shown In The Image Below. It Looks Simple And Straightforward, But Seems To Be Missing Many Of The Features That Mt4 And Mt5 Trading Platforms Are Equipped With, Such As Technical Analysis Indicators, Automated Trading Expert Advisors, Etc.
Deposit And Withdrawal
BigFx Accepts Deposits Via Credit Cards, Telegraphic Transfers, E-wallets, And Cryptocurrencies. The Minimum Initial Deposit Amount Is Said To Be $250. In The FAQ, The Broker Says "BigFx Imposes A 10% Tariff On The Required Withdrawal Amount If It Does Not Meet The Total Margin Of More Than 200". In Addition, It Also Charges Some Other Withdrawal Fees. For Example, The Telegraphic Transfer Fee Is $/£/50 Euros And The Credit Card Fee Is 25 Dollars. Other More Detailed Information Can Be Seen In The Screenshot Below.
Customer Support
BigFx Customer Support Can Be Obtained By Phone: 3726026545, Email: Support@bigfx.net. But Most Brokers That Are Not Compliant Will Not Disclose Other More Direct And Truthful Contact Information, Such As The Company Address.
