BigFxInvest claims to be registered in the UK and indicates an office address in London, but there is no documentary proof of this. According to the broker’s information on its website, thousands of traders around the world use its platform. However, the company does not disclose its launch date. As for the history of the project, it was allegedly started by an anonymous founder more than a decade ago. Then, “after four years of hard work,” the development team built the platform in raw form and refined it over “many months of testing.”
In fact, the domain name of this site was not registered until July 2023. In addition, the project has no license because the regulator is still reviewing the company’s documents and it is forced to work with clients while waiting for brokerage authorization. Meanwhile, the firm is allegedly certified by the self-regulatory organization “Crypto Conduct Authority”, which acts as an intermediary in pre-trial disputes between traders and brokers.
How reliable is this online trading service? Can you trust it with your money? We will examine the security of the terminal operation and draw our own conclusions about the legitimacy of the broker’s activity.
BigFxInvest provides CFD trading to its clients. You can trade contracts on assets, not the assets themselves after you register an account and make a minimum deposit. You don’t need to download the web-based trading platform to your device. You can log in and use the terminal on your PC or smartphone.
The description of trading accounts is very poorly done by the broker. It is only known that it offers different spreads and minimum commissions. The sizes of swaps, commissions, and leverage are not announced.
Each trader receives free trading signals, which BigFxInvest sends to users on a weekly or daily basis depending on the tariff plan they choose. In addition, the broker offers:
- Cryptocurrency trading on the platform, more than 100 types of stocks on the stock market, and other popular assets
- Manager services and account analyst assistance in developing a personalized trading strategy
- Basic trading account in the amount of 250 dollars to start your work on the terminal
- 7 types of trading accounts that differ in terms of services and deposit size, ranging from €10,000 (Bronze account) to €1,000,000 (VIP account)
- Islamic account with regular spreads, access to social trading, webinars, trading e-books, and other services
You can only deposit in fiat currency via a bank account or card, or via e-wallet. Withdrawal of funds takes place within 24 hours after successful processing of your request (3 to 5 business days). BigFxInvest provides educational academy services. All registered traders have access to many visualizations, e-books, videos, and tutorials for self-study of trading. You can learn more about trading through private training and webinars.