My Big Option Review
Product name: Big Option- Binary Trading Options
Price: $250 (minimum investment deposit)
Overall Rating: 2/10
Is Big Option a scam?
Big Option claims that you will meet a team of devoted professional brokers, who deliver top quality binary options to provide an unmatched trading experience to the clients. The company’s vision involves constant evolving in order grow as a leading binary options enterprise in the world.
The company takes pride in making persistent efforts to provide exclusive and priority services to the customers. All these are theoretically empty words as per our research.
The support is inefficient and linked to fraudulent guidance which raise suspicion on the legitimacy of the company, and makes it a possible sham. Then there is the customer complaints.
The good and the bad
All products have two sides to their story. One side holds all the good benefits, and the other side reveals the drawbacks. Let’s explore both these aspects of Big Option, starting with the pros of the product.
- Could not find any real positive aspects of this trading platform.
- The biggest and major con, which invalidates all the pros, is that Big Option is not registered with SySec.com.
- Payment is less secure with no PayPal option for payment.
- Investment rate starts from $250, so people with low investments cannot participate.
- The support will push you to invest more of your money, just so that they make more and you lose.
Who is it for?
The program claims to not only target the expert online traders, who are well aware of the asset trading game. Big Option offers specially designed offers for novice traders as well.
Novices need to stay especially alarmed, because you may lose all your money and not even notice it.
A live support option is available to cater to all your needs and requirements. The major concern that arises with Big Option is that you cannot rely on them which was indicated by many customer reviews online.
The website gives complete step by step description on how to get started with the product. A window on the right side of the main webpage, shows a step by step procedure to get going.
They really have worked hard on luring in potential innocent investors who are new to the game of online investing.
Plus you get a dedicated education section, which offers you assistance through its blog posts, academy, daily market reviews, weekly market details, a trader’s corner, a specialized guide for trading and more.
So once you go through all of them, you are thinking I have found the best investing platform. Little do you know that it is far from the truth.
Big Option offers a 24/7 live support system. So if you have any queries at all about the product, the courteous support officials will guide you with them. Do note that they remain courteous as long as you make your first investment.
Live telephone support is available in countries including England, France, Canada, Bahrain, South Africa and Italy.
There is no general subscription fees for an account. So most investors just hop on board without further thought. You can invest as low as $250, but when you do, they will continuously contact you to raise the investment and then take your funds.
Investments in upward value have no restrictions so you can invest as much as you like. Normally investments in Big Option binary trading options range up to thousands of dollars.
Can you really make money with online trading?
Online means of business is somewhat a tabooed topic in the society. Rightly so, due to certain spammy companies, who bring a bad name and suspicion to the legitimate ones too.
You only need to make sure that you are investing in the right place. If you are sure, than against each investment you can make many dollars. The profit rate of Big Option reaches up to 85%, which is a lucrative rate in online binary trading market. The drawback is, you never get the profit!
Customer reviews regarding Big Option’s business, leads to a conclusion that you really will lose your investment.
Want to make REAL money online?
A more popular way to make money online these days is through Affiliate marketing. In general term, Affiliate marketing is a process in which you drive traffic to other people’s website and promote their products.
This increases the product sales as well. In return of this service, you get a wealthy commission. You go online find a product, and sign up for its affiliate program. When you make a sale from the traffic that you generated, you will get paid a pre-decided amount of money transferred to your account.
This practice is very famous among online marketers in current times and large affiliate organizations are currently in business. Similarly you too can make a notable profit, by becoming an affiliate and promoting the Big Option product (which is not recommended btw).
One of the hardest things to do is to get started and you need a real training resource that will guide you in the right direction. There is but one place that I found that can do just that and it is also my no 1 recommendation.