Score
Bigmarkets
https://www.bigmarkets.com/
Website
Rating Index
Contact
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
Account
- Environment--
- Currency--
- Maximum Leverage1:400
- SupportedEA
- Minimum Deposit$250,000
- Minimum Spread--
- Depositing Method--
- Withdrawal Method--
- Minimum Position--
- Commission--
- Products--
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Website
bigmarkets.com
104.21.13.224Server LocationUnited States
ICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Company Summary
| 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.

Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Wiki Q&A
Which payment methods does Bigmarkets support for deposits?
Deposits can be made via credit/debit cards (Visa, Mastercard, Maestro), bank transfers, e-wallets including Skrill and Neteller, and online payment providers such as Sofort and Giropay. Most deposits are processed instantly with no fees, except for some bank transfers and certain online payment providers which may charge small fees.
What platforms does Bigmarkets provide?
Bigmarkets primarily offers the MetaTrader 4 (MT4) platform, accessible via a web-based WebTrader or downloadable desktop application. Both options provide robust charting tools and trading features, with the desktop version offering more advanced functionalities.
How to log in to the Bigmarkets broker’s account?
Once registration, identity verification, and initial deposit are completed, traders receive their login details via email or platform dashboard. They can then log in to the MetaTrader 4 desktop or WebTrader platform using these credentials to access their live trading account and begin trading on Bigmarkets.
Does Bigmarkets have any cons?
Bigmarkets is unregulated, which introduces significant risk and less transparency. It only offers the MT4 platform without alternatives, limiting trader options. The high maximum leverage of 1:500 can amplify losses as well as gains, requiring careful risk management. The accuracy and reliability of its educational resources and data might be uncertain due to the lack of regulatory oversight.
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