Bigmarkets
Abstract：Bigmarkets is an unregulated financial brokerage firm established in 2005 and registered in Saint Lucia. It offers diverse market instruments, including cryptocurrencies, currencies, shares, commodities, indices, stocks, and ETFs. The firm provides four types of accounts (Basic, Gold, Platinum, VIP) with a leverage of up to 1:400 and a minimum deposit requirement of $250. Moreover, Bigmarkets uses its own WebTrader platform.
| Bigmarkets Review Summary | |
| Founded | 2005 |
| Registered Country/Region | Saint Lucia |
| Regulation | No Regulation |
| Market Instruments | Cryptocurrencies, Currencies, Shares, Commodities, Indices, Stocks, ETFs |
| Demo Account | ✅ |
| Leverage | Up to 1:400 |
| Spread (EUR/USD) | 3.0 pips (Basic account) |
| Trading Platform | WebTrader |
| Minimum Deposit | $250 |
| Customer Support | Live chat, contact form |
| Phone: +1-787-6807359 | |
| Email: info@bigmarkets.com | |
Bigmarkets is an unregulated financial brokerage firm established in 2005 and registered in Saint Lucia. It offers diverse market instruments, including cryptocurrencies, currencies, shares, commodities, indices, stocks, and ETFs. The firm provides four types of accounts (Basic, Gold, Platinum, VIP) with a leverage of up to 1:400 and a minimum deposit requirement of $250. Moreover, Bigmarkets uses its own WebTrader platform.
Pros and Cons
| Pros | Cons |
| Demo accounts available | No regulation |
| A wide range of trading products | High minimum deposit |
| Diverse account types | Limited payment options |
| Live chat support |
Is Bigmarkets Legit?
At present, Bigmarkets lacks valid regulation. Its domain was registered on Feb 3, 2005, and the current status is “client transfer prohibited”. Please pay high attention to the safety of your funds if you choose this broker.
What Can I Trade on Bigmarkets?
On Bigmarkets, you can trade with Cryptocurrencies, Currencies, Commodities, Indices, Stocks, and ETFs.
| Tradable Instruments | Supported |
| Currencies | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| ETFs | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| Mutual Funds | ❌ |
Account Type
| Account Type | Basic | Gold | Platinum | VIP |
| Minimum Deposit | $250 | $25,000 | $100,000 | $250,000 |
Leverage
The maximum leverage is up to 1:400. Note that high leverage can bring not only big profits but also great losses.
Spreads and Commissions
The minimum spread (EUR/USD) starts from 1.6 pips. As to commissions, we didn't find any info.
| Account Type | Basic | Gold | Platinum | VIP |
| Spread (EUR/USD) | 3.0 pips | 2.7 pips | 2.1 pips | 1.6 pips |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| WebTrader | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
Bigmarkets supports payments through VISA, Mastercard, and MWALI. However, specific info like deposit and withdrawal processing time and associated fees is not revealed.
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