Forex BIGMO Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.4

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.6

Business 0.9

Risk Control 1.2

Software 1.9

Regulatory 1.4

Terminal Snapshot

BIGMO Trading Conditions

Registered Region India

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@bigmofx.com

Contact Number +912614401636

Website bigmofx.net

Balanced Review

Pros & Cons

Pros

Diverse range of market instruments including Forex, CFDs, and commodities
User-friendly trading platform with MT5 support
Multiple account types catering to different trader levels
High leverage options available up to 1:400
24/5 customer support via email, live chat, and phone

Cons

Not regulated by recognized financial authorities
Potential difficulties in fund withdrawals
Lack of educational resources for traders
Limited customer support availability (24/5)
New broker with no established track record

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	BIGMO	XA Markets	Goodwill	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	India	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.4/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does BIGMO Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
GOLD	Beginners	Access to basic trading features	Suitable for small-capital practice
DIAMOND	Intermediate Traders	Enhanced trading options with better spreads	Requires higher initial deposit
PLATINUM	Experienced Traders	Lowest spreads and highest leverage	Requires significant trading volume

Account Opening Process

To open an account with BIGMO, traders must complete several steps. Initially, personal information, employment details, and financial information will need to be submitted. This includes verifying identity through documents such as an ID and proof of address. The process ensures compliance and security. After opening a standard account, traders may have the option to upgrade to a professional account later as their trading experience grows.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	1.8	$0	No commission for GOLD account
Forex (Minor Pairs)	1.4	$0	Improved spreads for DIAMOND account
CFDs (Stocks)	Varies	$0	No commission on stocks for all accounts
CFDs (Commodities)	Varies	$0	Competitive spreads available
Cryptos (BTC/USD)	Varies	$0	No commission for cryptocurrency trades

Other Fees

Traders should also be aware of additional potential costs associated with their accounts at BIGMO. These may include deposit and withdrawal fees, although currently, no fees are charged for these transactions. Inactivity fees could apply for dormant accounts, and there may be overnight interest (swap rates) for positions held overnight. Currency conversion fees may also be relevant for trades involving different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

BIGMO User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Amit Sharma

Delhi

★ ★ ★ ★ ★

I faced significant issues with withdrawals from BIGMO. Despite multiple requests, it took longer than promised, and I was left frustrated. Their customer support was not helpful either, which made the experience even worse. I would advise caution before trading here.

Priya Verma

Mumbai

★ ★ ★ ★ ★

I had a terrible experience with BIGMO. I deposited funds and tried to withdraw them, but the process was convoluted and slow. Their support was unresponsive and did not address my concerns satisfactorily. I regret choosing this broker.

Ravi Patel

Ahmedabad

★ ★ ★ ★ ★

BIGMO has a user-friendly platform that I find easy to navigate. The range of trading instruments available is impressive, and I appreciate the quick execution of trades. Although there are concerns about regulation, my experience has been mostly positive so far.

Meera Iyer

Bangalore

★ ★ ★ ★ ★

I’ve been trading with BIGMO for a few months now, and I am very satisfied with their services. The MT5 platform is robust, and I love the variety of assets available. Customer support has been responsive whenever I needed help. Highly recommended!

India Market