We examine the concerning features of BigFXInvest in this BigFXInvest review because it presents as a reliable broker while hiding several warning signs. BigFXInvest states that it provides a large selection of trading products and free trading resources, enabling traders to mix hundreds of alternatives in a flexible manner. But for a lot of prospective investors, the €10,000 minimum deposit requirement is a big barrier, casting doubt on the platform’s usability and equity.
Website – https://www.bigfxinvest.io/
Website Availability – Yes
Address – 11 Westferry Circus, London, UNITED KINGDOM, E14 4HD
Blacklisted Status – Financial Conduct Authority (United Kingdom)
Domain Age Information –
- Domain Name: bigfxinvest.io
- Registry Domain ID: b92b6b49dfd748e5a92097aa0e2fda29-DONUTS
- Registrar WHOIS Server:
- Registrar URL:
- Updated Date: 2023-11-24T09:37:44Z
- Creation Date: 2023-11-03T06:39:50Z
- Registry Expiry Date: 2024-11-03T06:39:50Z
Lack of Regulation
The lack of transparency BigFXInvest has regarding its regulatory standing is one of the most alarming aspects. The absence of clear information from the company regarding registration or regulation by any financial authority raises the possibility that it may conduct business unsupervised.
Despite BigFXInvest’s assertion that it is headquartered in the UK, the Financial Conduct Authority (FCA) registration of the company is unsupported by any documentation. The FCA, the UK’s financial services regulator, has cautioned BigFXInvest about their apparent disregard for pertinent legislation. Anyone thinking about investing their money with this broker should be very concerned about this lack of appropriate oversight.
Fraudulent Activities
In addition to being unregulated, BigFXInvest has a track record of deceptive behavior. The platform keeps running and keeps coming up with new ways to communicate to entice gullible investors. Consequently, the FCA has revised its alerts against BigFXInvest, revealing further contact details about this dishonest broker. This shows unequivocally that the authorities are aware of the possible risks that BigFXInvest presents to traders.
BigFXInvest Review Conclusion
In conclusion, BigFXInvest gives prospective investors a lot to be concerned about. This broker needs to be approached very carefully because of its high minimum deposit demand, lack of regulatory control, and history of fraudulent activity. Before making any investments, make sure you do your homework on any trading platform and find out if it is regulated. It could be a good idea to look for alternatives that provide more openness and adherence to financial regulations if you are thinking about utilizing BigFXInvest. Keep yourself educated about the dangers of using unregulated trading platforms and safeguard your money.
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