Score

1.16 /10
Danger

BigFXInvest

United Kingdom

1-2 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index4.32

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Regulatory disclosure

Danger

UK FCA
2024-04-24
BigFXInvest
BigFXInvest

Broker Information

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Company Name

BigFXInvest

Company Abbreviation

BigFXInvest

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

BigFXInvest · Company summary

BigFXInvest offers free trading resources, and traders can combine hundreds of trading products flexibly. The minimum deposit (€10,000) will, however, serve as an obstacle for numerous traders.

BigFXInvest's homepage

Pros and Cons

Pros Cons
Free trading educationNot regulated
Hundreds of assetsHigh minimum deposit
Various account typesLimited information

Is BigFXInvest Legit?

BigFXInvest was established by Sarek Oy, however, the FCA has yet to grant authorisation to the company, and BaFin and ESMA contain no information regarding him.

BigFXInvest
Domain information

What Can I Trade on BigFXInvest?

BigFXInvest offers hundreds of instruments for trading, and traders can choose the one that suits them best.

Tradable Instruments Supported
Cryptocurrencies
Forex pairs
Indices
Commodities
Metals
Options

Account Type

BigFXInvest offers seven trading accounts: Vip, Premium, Diamond, Platinum, Gold, Silver and Bronze. And it also provides an Islamic account.

Bronze accounts are created for basic traders.

Silver accounts are designed for beginners.

Gold accounts are available for advanced traders

Platinum accounts are suitable for who are aggressive.

Diamond accounts fit for experienced ones.

Premium accounts were created for expert traders.

VIP accounts are intended for high-net-worth individuals.

Account comparison
Account comparison
Islamic account

BigFXInvest Fees

BigFXInvest fees are higher than the industry average.

Account TypeMinimum DepositSpread
Bronze€10,000Not mentioned
Silver€25,000Not mentioned
Gold€50,000Not mentioned
Platinum€100,000Not mentioned
Diamond€250,000Not mentioned
Premium€500,000Not mentioned
Vip€1,000,000Not mentioned
IslamicFreeRegular

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Trade Onlinemobile and desktopAll customers

Deposit and Withdrawal

This broker need to charge deposit fees, and its minimum deposit is €10,000.

Deposit Options

Deposit Options Min. DepositProcessing Time
Mastercard€10,000almost instantly
Visa€10,000almost instantly
Skrill€10,000almost instantly
Neteller€10,000almost instantly
bank wire€10,0005 working days

Withdrawal Options

Withdrawal Options Min. Withdrawal Processing Time
Mastercardfreealmost instantly
Visafreealmost instantly
Skrillfreealmost instantly
Netellerfreealmost instantly
bank wirefree5 working days

Customer Service

Contact Options Details
Phone+44 2038465523, +44 2038465533
Email
Support Ticket System
Online Chat
Social Media
Supported LanguageEnglish
Website LanguageEnglish
Physical Address11 Westferry Circus, London E14 4HD, United Kingdom

The Bottom Line

To sum up, BigFXInvest offers traders the chance to diversify their investments by providing many complimentary learning resources. However, there is a potential risk of being unable to withdraw funds as an unregulated entity. As a result, traders exercise prudence when selecting a trading platform.

FAQs

Is BigFXInvest a good for beginners?

Yes, BigFXInvest provides many free learning resources to assist those new to the field in acquiring the fundamental skills required for beginners.

Is BigFXInvest good for day trading?

Yes, because deposit and withdrawal processing times are almost instant.

What kind of trading platform does BigFXInvest offer?

BigFXInvest offers trading online, which is convenient and easy to use.

News

ExposureINVESTORS ALERT

If you are a trader or an investor, you must be aware. The prominent regulator, Financial Conduct Authority, issued a warning against an unauthorized broker called BigFXInvest. The authority shared relevant details about it on the website.

WikiFX
2024-06-28 14:00
INVESTORS ALERT

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