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Exchanges & Brokers

BigFX Review: A Great Platform For Online Traders


BigFX Review

Are you thinking about joining the financial industry? Well, I can assure you that it will be among the best decisions that you will ever make. I am making this blanket statement because I also joined the financial industry out of sheer curiosity and after a few bumps down the road, I work as a full-time trader. The first thing that you need to do to become an online trader is to find a brokerage firm that is right for you. A large variety of online trading firms is available on the internet, however, not all of them will be the best choice for you. 

There are several brokers that you can trust to provide you with satisfying services despite having no trading background whatsoever. One such firm is BigFX and in this article, I will highlight some of its main features

BrokerRatingTrade
BigFX9.0 / 10Trade Now

Main Features of BigFX

Impressive Asset Index

When you sign up with BigFX, you don’t have to worry about running out of investment options. This is because the trading firm supports an impressive variety of trade instruments. You can invest in Indices, Commodities, Precious Metals, Stocks, Cryptocurrencies, Bonds, as well as ETFs and CFDs. This large variety of assets allows you to participate in low-risk trading as investing small amounts in several assets is safer than investing a large sum in one asset. 

Diverse Account Types

BigFX offers diverse account types to traders. The variety of accounts allows traders of different trading backgrounds to sign up with the firm. The firm offers six different account types which give traders various options to choose from. Whether you are an experienced trader or a beginner, BigFX has an account for you. The accounts offered by this broker include the Elementary, Standard, Investor A. Trader VS, and Premium A+ accounts. You can choose any account that meets your requirements. 

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Payment Methods

Online trading requires you to make payments via internet banking options. When you trade on an online brokerage firm, you need to make frequent deposits and withdrawals from your account. This can be annoying if the broker does not support your preferred ways of payment. 

You don’t have to worry about limited payment options with BigFX. This brokerage firm supports payment via credit/debit cards, bank wire transfers, and e-wallets. The firm accepts payments from various companies of e-wallets and cards including the major ones such as VISA and MasterCard. You can easily make all your transactions on this broker. 

Leveraged Trading

Traders get really excited when the brokerage firm offers leveraged trading. This is because trading with leverages is very beneficial for traders. Leverage is the broker’s support for your investments. For instance, if the trading firm offers leverage of 1:50, it means that for every $1 that you invest, the broker will add $50 to it. Leveraged trading allows traders to invest in assets outside their financial range. It also provides them with higher liquidity in their investment capital since they don’t have to use it all for investing in larger assets. BigFx offers leverage ranging as high as 300 which is a great value. 

Web Trader

BigFX offers a web-based trading platform. Web traders offer many benefits to the traders. The first benefit is that it is a cost-effective and low-maintenance trading platform. While popular trading software requires you to upgrade your device regularly or have the latest versions of it, with a web trader, you can access your account simply by logging in on the website. 

Furthermore, web traders are easier to use and navigate. The user-friendly interface allows traders to comfortably navigate through the advanced features of the trading platform. 

Final Words

BigFX is a trading firm that offers great trading conditions to traders. The diverse range of account options that it offers allows a different variety of traders to enjoy trading with the broker. If you are not sure about which brokerage firm you should sign up with, you should give BigFX a chance. I am sure that you will be impressed by the quality of services that this broker provides.

BrokerRatingTrade
BigFX9.0 / 10Trade Now


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Bentley Kapoor (India)

Bentley is a cryptocurrency enthusiast and trader, his articles are news and platform review based. His writings are brought to you through his 10 years of experience in the cryptocurrency markets.

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