Global Forex Broker Regulatory Inquiry APP

Score

1.29 /10
Danger

Big Bit Market

Australia

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

License Index 0.00
Business Index 5.29
Risk Management Index 0.00
Software Index 4.00
Regulatory Index 0.00
Open Account
Website

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

open now

Contact number

English

+61 1800948050

Broker Information

More

Company Name

Big Bit Market LTD

Company Abbreviation

Big Bit Market

Platform registered country and region

Australia

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2023-06-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Big Bit Market · Company summary

General Information

Big Bit Market presents itself as an Australian-registered brokerage but does disclose its physical address. This broker claims that it is serving both retail as well as institutional clients around the globe, offering CFDs on FX, Indices, Stocks, Crypto, and Commodities through six tailored trading accounts.

Markets Instruments

With Big Bit Market, traders can get access to an extensive range of trading instruments including foreign exchange, indices, stocks, Cryptocurrencies, and Commodities.

Account Types

It is possible to open five types of trading accounts on BigBitMarket: Trial, Passive Income, Portfolio Management, Retirement, and Heritage, with minimum initial deposits ranging between 250 USD and 250,000 USD.

Leverage

For different account types, the leverage level can vary from 1:100 to 1:400. These levels do not exist with regulated brokers. By utilizing high leverage, you have the potential to make more significant profits, but you also increase the risk of sudden and excessive losses.

Trading Platforms Available

On Big Bit Market, you will find a simplified website layout, as can be seen on imitation broker websites. While the platform supports placing orders, customizing charts, and applying technical indicators, it does not have the more advanced features found on the most widely used trading platforms in the industry, like MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

Deposit and Withdrawal

On the website, the FAQ section states that credit cards, wire transfers, and e-wallets are accepted as payment methods. However, once you have registered and accessed the customer portal, it becomes obvious that in order to make a deposit, you have to contact customer support.

Customer Support

You can contact Big Bit Market's customer support by phone, email, and online chat. It can be reached at +611800948050 (Australia), +448082387550 (United Kingdom), Monday through Friday 9 a.m. to 13 p.m. GMT. Email support at suppport@bigbitmarket.com. Live chat is available Monday through Friday, 07:00 to 14:00 GMT.

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

1

Comments

Write a review

菁美绽放
more than one year
I don't know why, but when I tried to look at account types and trading platforms on the Big Bit Market website, the website loaded very slowly. But the homepage of the website can be opened normally. So I can only get some basic information in the FAQ section. Not interested in investing here at all...
2023-03-14 16:49
Reply
0
0
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;+44-7517747077
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com