BigOption Scam Review

BigOption promises secure trading and offers generous bonuses to new clients. But is this broker legit or is BigOption a Scam?

We have made a research of BigOption and found out that they do not rate highly and there is no significant data about them. As an alternative we have selected our Top Safe Binary Brokers along with detailed reviews for safe and secure trading.

Since we haven’t gathered enough information yet, we cannot confirm that BigOption is safe. You can Proceed to Safety OR Choose one of the Is-Scam approved and safe Binary Options Brokers:

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BigOption Review

Experienced and wise financial team can not only assist an inexperienced investor in the trade world but also educate him, and this has been a slogan of BigOption. Many websites analysed and declared BigOption as one of the reliable brokers for binary option due to their clear plans, user-friendly multi lingual web portal, the promised high payouts, deposit bonuses, easy to understand investment plans.

20 risk-free trades with account opening increased the popularity of BigOption but this diminishes when huge number of clients complains about possible financial mismanagement and reinvestment without their consent.

BigOption Trading

New investors can start trading with minimum deposit of $250 and receive 20% Welcome Bonus under “Micro Account” and with $501 minimum deposit under “Basic account” fetching 50% welcome bonus as well. Gold Account can be activated with $2,501 earning a 75% welcome bonus. The Platinum Account is planned for traders who wish to trade huge volumes and earn 100 percent bonus with initial deposit of $10,001.

Professional traders can opt for VIP Account with $50,001 and appoint a personal accounts manager by BigOption. Trading involves binary options of Call or Put for Yes or No, respectively to trade for the said value.

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BigOption Platform

The trading platform is web based, easy to use, it offers the Sell Early, Double Up, One Touch binary instruments and more. It also offers charts, the ability to copy successful traders, and an automated trading robot. The company also provides manually generated trading signals and further trading support which can be utilized by traders of all levels. The platform is also available on tablet and smart-phone devices. BigOptions offers responsive 24/7 customer support via Live Chat, Email or Toll Free Phone. The BigOption Academy provides videos which are geared towards both beginner and advanced traders alike. They also offer a free eBook. The platform is available in English, French, German, Arabic and Turkish.

BigOption Scam

Making money online have always been a dream of investors by trading online and many fraudulent brokers can easily deceive traders due to no face to face interaction. There has been scandals speculated about reinvestment of money without prior consent of traders by BigOption broker, which is denied and termed as strategic and vital decision taken out by wise financial advisers of the company.

Many customers are not satisfied with this clarification and insist on declaring BigOption a scam. There is no hard evidence that points towards a scam but we still advise you to use an approved and recommended binary option broker in order to be sure that your money are safe with it.

BigOption Withdrawal

Withdrawal of money or even profits is not an easy process from any running business or trade but BigOption broker claims it to mange for their clients as BigOptions advocates the transparency in account and favours same day withdrawal or as soon as traders wish to withdraw money by using many available options like Master Card, Bank Wire etc.

Trader has to put a fund withdrawal request to online broker or personal account manager of BigOption broker and payment is transferred by user selected method. Contradictory reviews of the customers about withdrawal process make it difficult to recommend BigOption brokers to trade with. In the case of BigOption, it has been reported that their withdrawal rules keep changing without informing the customers.

BigOption Regulation

BigOption.com is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC), and all clients’ funds are kept in separate bank accounts. But just being a regulated broker does not mean the broker is reliable, as we have seen in our trading experience.

Traders Comments

Click on the thumbnail below to see traders’ comments..

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Conclusion

After detailed investigation our team concluded that there are better choices than BigOption. We cannot confirm that this binary options broker is a scam, but our research revealed enough traders’ complaints to not make us feel safe trading with BigOption.

We recommend you to Proceed to Safety and avoid scams by choosing High-Rated and Trusted Brokers on Is-Scam.com.

Or Select Another Broker From Our List

18 Responses to “BigOption Scam Review”

  1. Take care and do not invest with those liars!

    Those sons of bitch stole my money.
    Don’t trust them.

    after my 250$ deposit, they start asking for more, for another 2000$$. they sad they cant invest in 250$.

    So i asked for account cancellation, since then, no reply on all my emails.

    i will try to call them but im sure they are bullshit and my money are gone.

  2. I did like reading the articles in the education section. I actually quite enjoyed the. But the rest is a plain old scam.

  3. People don not invest your money up in this company its a scam they just scamed my 250$ They try getting your head around and play very fucken smar so be smart

  4. Is there any online investigation team where i can complain.

    they cheated me $3000+ despite of my written request to withdraw my money they account manager placed entire amount in one trade and lost it.

    Please suggest me where can i complain?

  5. same here they took my money too. They get you to invest more and say it takes money to make money.I lost 1100 us to these money stealing clowns.The only ones getting rich from this are the scammers in this outfit. Rip off artists for sure,

  6. Lawrence salloum May 11, 2016 at 7:15 pm

    Please return my deposit of 250 us

  7. Jim Blinkhorn May 12, 2016 at 8:08 am

    These people took my deposit and cut me off can’t get in touch no contact numbers or f all
    Angry Jim

  8. Jim Blinkhorn May 17, 2016 at 6:59 am

    I deposited £250 with only two trades completed so I want to close the account and get refund but can’t find a contact number.Do they exist?

  9. Beverley Rutter May 19, 2016 at 7:38 pm

    My husband invested in this agate my better judgment they persuaded him to invest/buy a draxal trading account supposedly it was free and you could not loose. They failed to transfer the money paid to them into the draxal account. When my husband asked why this was not done their reply, we operate for a third party and its nothing to do with us. But a third party did not call my husband and the money is not in a third party account it’s in the Big Option account.DO NOT TRADE WITH THIS COMPANY IT IS A SCAM.

  10. Big scammer

  11. BIGOPTION is a scam!!
    I got lured in via an add by DREXELCODE. BIGOPTION claimed they only provide a trading platform to DREXELCODE that in any case do not live up to their claims.
    At first the team at BIGOPTION butters you up and place sufficient pressure on you to invest greater sums of money. The frequent daily phone calls, up to four or five times per day at first, with requests and encouragement for rapid deposits to the trading account quickly dries up if you do not play along. That is when the real games begin. Although the Auto trader is disabled, five or more trades per day is placed, with less that two profitable trades on average until the account is sucked dry.
    AT this point, you can try and contact either DREXELCODE or BIGOPTION to no avail.
    My advise, STAY AWAY, THIS IS A SCAM!!!!

  12. margaret mgiffen June 6, 2016 at 3:28 pm

    I’m so glad I visited this site before I parted with any money. My motto is nothing in life is free. Against my better judgement I completed the registration and within minutes got a phone call from a foreign guy who sounded Nigerian.Having worked for the police I realise this is not a good idea to lose my money this way. Thank you to those who put up the complaints…..all it needs is one single complaint and sorry they lost money but grateful for their advice.

  13. Hind site is 20/20!!!
    Wish I had done my homework and researched first!!!
    Had I read all of this, I would still have $
    They may have gotten an initial $250 but thats where it all stops!!!!
    No point trying to get a refund.
    Lesson learned!

  14. Guys I can’t believe what I see now, cos I am in process of making a deposit. I registered yesterday but couldn’t make a deposit due to a fact that I had insufficient funds in my account so now I was waiting for someone to give me money so that I can make a deposit. Thanks to you all people, if it wasn’t you my last money would have gone.

  15. Anna Parker June 15, 2016 at 3:07 am

    For over 18 months I have had issues with Big Option. They aggressively invested our money and lost almost all of it. What remained they were bonuses that I had to trade 30X the amount to redeem. I want to warn others against investing with Big Option or Big Headache

  16. I’m afraid to show my wife what you guys have said, but I know where to find them

  17. Yes, this company IT’S A BIG SCAM!
    Run away as soon as possible. they want more and more money, after the manager placed it in a wrong direction…just to lose!!! and they win a certain amount…I LOST 2500$

  18. where they are mr. dipotso…