Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

Big $ Capital

United Kingdom|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

http://bigscapital.com/

Website

Rating Index

Contact

+447452240948
support@bigscapital.com
http://bigscapital.com/
130 Old Street, London, England, EC1V 9BD, United Kingdom

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

+447452240948

Broker Information

More

Company Name

Big $ Capital

Company Abbreviation

Big $ Capital

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Users who viewed Big $ Capital also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

FBS

8.75
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

KCM Trade

7.73
Score
5-10 yearsStraight Through Processing(STP)MT4/5 full license
Official website

GTC

8.15
Score
10-15 yearsRegulated in United KingdomStraight Through Processing(STP)MT4/5 full license
Official website

Big $ Capital · Company Summary

Note: Big $ Capitals official site - http://bigscapital.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

Big $ Capital Review Summary in 10 Points
Founded 2-5 years
Registered Country/Region United Kingdom
Regulation Not regulated
Market Instruments Forex
Demo Account Not disclosed
Leverage Up to 1:500
EUR/USD Spread From 0.0 pips (ECN Account)
Trading Platforms MT5
Minimum Deposit $100
Customer Support Email, Phone, Address

What is Big $ Capital?

Per internet information, Big $ Capital is a forex brokerage firm based in the United Kingdom. It may offer forex currency pairs including major, minor and exotic pairs as market instruments like other forex brokers. However, it is important to note Big $ Capital is currently not regulated by any recognized financial authorities which raises concerns when trading.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros Cons
• Multiple account types • Not regulated
• MT5 trading platform • Lack of transparency
• Tight starting spreads • Limited info on payment methods
• Acceptable minimum deposit amount • Website unfunctional
• Flexbile leverage ratios

Big $ Capital Alternative Brokers

There are many alternative brokers to Big $ Capital depending on the specific needs and preferences of the trader. Some popular options include:

  • Forex.com - With its established reputation and user-friendly platform, Forex.com is an excellent choice for traders seeking a reliable and feature-rich brokerage for forex and other financial instruments.

  • TigerWit - As an innovative broker with a unique crowd trading feature, TigerWit offers a fresh approach for traders looking to tap into the wisdom of the crowd and enhance their trading strategies.

  • TD Ameritrade - Consider TD Ameritrade for its comprehensive and user-friendly platform, offering a wide range of investment options and educational resources, suitable for both beginners and experienced investors.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is Big $ Capital Safe or Scam?

When considering the safety of a brokerage like Big $ Capital or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

  • Regulatory sight: It is not regulated by any major financial authorities, which means that there is no guarantee that it is a safe platform to trade with.

  • User feedback: Read reviews and feedback from other clients to get an understanding of their experiences with the brokerage. Look for reviews on reputable websites and forums.

Ultimately, the decision of whether or not to trade with Big $ Capital is a personal one. You should weigh the risks and benefits carefully before making a decision.

Market Instruments

As a forex broker, Big $ Capita offers a comprehensive selection of forex currency pairs to cater to the diverse trading preferences of its clients. Like other reputable forex brokers, it provides major currency pairs such as EUR/USD, GBP/USD, USD/JPY, and USD/CHF, which are the most heavily traded and popular in the forex market. Additionally, Big $ Capital also offers minor currency pairs like AUD/CAD, NZD/JPY, and GBP/CHF, providing additional trading options for its clients. Moreover, the broker extends its offerings to include exotic currency pairs such as USD/TRY, EUR/SGD, and GBP/MXN, allowing traders to access more unique and less frequently traded forex pairs. Interested traders can reach broker directly for more details and information for better understanding.

Accounts

Big $ Capital caters to traders with diverse account options, including Silver, Gold, and ECN Accounts. The Silver Account requires a minimum deposit of $100, offering a budget-friendly entry point for those starting in the trading world. For more experienced traders, the Gold Account demands a minimum deposit of $2500, providing access to additional features and benefits. For advanced traders seeking competitive spreads and direct market access, the ECN Account demands a higher minimum deposit of $5000. With these varied account choices, Big $ Capital enables traders to select the account that best aligns with their experience level, trading preferences, and financial goals.

Accounts

Leverage

Big $ Capital provides traders with a choice of leverage options tailored to their preferred account types. The Silver Account offers a leverage of 1:300. For those opting for the Gold Account, a higher leverage of 1:500 is available, allowing for even greater leverage and risk management opportunities. For traders seeking direct market access and competitive spreads within the ECN Account, a leverage of 1:100 is offered, providing a balance between leverage and risk.

However, leverage allows traders to control larger positions in the market with a smaller amount of invested capital. It's important to note that while leverage can increase potential profits, it also amplifies potential losses, as traders are exposed to higher market risk. Therefore, it is crucial for traders to exercise prudent risk management practices, carefully consider their trading strategies, and be aware of the potential implications of using leverage.

Spreads & Commissions

Each of Big $ Capitals different account options has its own unique trading conditions. The Silver Account features a spread ranging from 1.5 to 2 pips with no commission. For those looking for tighter spreads, the Gold Account offers a spread between 0.8 to 1.2 pips with no commission, providing potentially enhanced cost-efficiency for trades. For advanced traders desiring direct market access and minimal spreads, the ECN Account presents an low spread between 0 to 0.5 pips, though it comes with a commission of $4 per standard lot.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread (pips) Commissions (per lot)
Big $ Capital From 0.8 pips (Gold Account) No commissions (Silver and Gold Account)
Forex.com From 0.0018 pips Variable (depending on product)
TigerWit From 0.6 pips Variable (depending on account)
TD Ameritrade Not disclosed Variable (depending on product)

Please keep in mind that spread values can vary depending on market conditions, account type, and other factors. Commission structures may also differ based on the broker's pricing model and the type of account being used. It's important to review the official websites or contact the brokers directly for the most accurate and up-to-date information on spreads and commissions.

Trading Platforms

Big $ Capital delivers a seamless and robust trading experience to its clients through the integration of the widely acclaimed MetaTrader 5 (MT5) trading platform. With MT5's advanced features and user-friendly interface, traders gain access to a comprehensive suite of tools for executing trades across various financial markets. From Forex to Metals, Indexes, and Energy products, the platform's versatility caters to diverse trading interests. MT5's cutting-edge charting tools, technical indicators, and expert advisors empower traders with in-depth market analysis and the ability to implement sophisticated trading strategies. Moreover, the platforms stability and security ensure a smooth and secure trading environment.

Overall, Big $ Capitals trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders.

See the trading platform comparison table below:

Broker Trading Platforms
Big $ Capital MT5
Forex.com MT5, WebTrader, Mobile App
TigerWit WebTrader, Mobile App
TD Ameritrade Thinkorswim

Customer Service

Customer Service

Big $ Capital provides multiple customer service options to assist its clients. Customers can reach out to Enlighten through various channels to address their queries and concerns as below:

Address: 130 Old Street, London, England, EC1V 9BD, United Kingdom.

Tel: +447452240948.

Email: support@bigscapital.com.

Conclusion

According to available information, Big $ Capital is a non-regulated UK -based brokerage firm. While Big $ Capital does offer a variety of market instruments, including Forex, Metals, Indexes, and Energy, the lack of regulatory oversight can raise concerns about the safety and security of clients' funds. It is essential for potential clients to exercise utmost caution, carefully research Big $ Capital, and directly seek up-to-date information from the firm to fully understand the risks involved before making any investment decisions.

Frequently Asked Questions (FAQs)

Frequently Asked Questions (FAQs)
Q 1: Is Big $ Capital regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: Does Big $ Capital offer the industry leading MT4 & MT5?
A 2: Yes, it offers MT5 platform.
Q 3: Is Big $ Capital a good broker for beginners?
A3: No. It is not a good choice for beginners because its currently not under any valid regulation.
Q 4: What is the minimum deposit for Big $ Capital ?
A 4: The minimum initial deposit to open an account is $ 100.

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

2

Comments

Write a review

俺is笑眼君~芬芳的世界
more than one year
this company Big $ Capital is a scammer! Please be vigilant when choosing a foreign exchange broker, and don't let your money be scammed!
2023-02-23 11:31
Reply
0
0
Jeff林
more than one year
Do not trade with Big $ Capital! Totally a scam company. They scammed me out of almost $1000 and now their customer service is gone and their website is down!
2022-12-02 17:49
Reply
0
0
TOP
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;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com