BigOption is an unlicensed binary options broker owned by Time Line Group. The address is Conference House, 152 Morrison Street, The Exchange, Edinburgh, United Kingdom EH3 8EB. Their email address is firstname.lastname@example.org. Their phone number is +44 203 026 4486, and for common broker complaints read this.
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BigOption Trading Platform
BigOption gives their traders the SpotOption trading platform which is used by more than 100 binary options brokers. They have standard Binary Options, Ladder Options, Speed Trading, 30 & 60 second options, along with Pairs Options, Weekly and Monthly options. Their platform also allows you to trade CFD’s and Forex, along with the ProFollow feature for copy trading. The returns for $EUR/USD options is 81%.
When you are looking for a good binary options broker, the most important thing to check for is a licensed and regulated broker. The reason traders use licensed brokers is so that you don’t have problems withdrawing your money. To see the various complaints that traders have about brokers, read this.
We checked CySEC and did not see a license for BigOption. This means they are NOT a Licensed Broker.
You can find reviews of licensed brokers here.
We have made your work easy by providing an updated list of the top rated brokers, see it here.
Warning from ASIC Australia
“ASIC urges all investors considering trading in binary options to check they are dealing with an entity that holds an Australian financial services licence or is authorised by an Australian financial services licensee and regulated by ASIC.”
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