The binary trading market has seen a lot of new scams getting unfolded every single day, and the Big Option Scam is one such scam that needs to get proper exposure and attention. Being one of the most severe scams in the current case scenario, First Option Recovery decided to make you aware of the Big Option scam. It prevails in the binary options market to not lose your hard-earned money investing in some scam broker. The trading mechanisms that Big Option followed and the poor customer service and lack of support convinced us to write about the Big Option scam as soon as possible.
If you don’t know who First Option Recovery is, you definitely should. We are the number one choice for fund recoveries around the globe. So far, we have recovered more than $19 million for 2400+ clients working for over 3100+ cases, including significant scams like IQ Option Scam and Binary Book Scam. We have a success rate of over 90%, and the team of experts associated with our firm will make sure that you will be provided with the best services from our end no matter what happens. Your funds will reach back to your bank account (we meant refunded) within a stipulated time frame. As stated by our team of recovery experts, and our motto to provide world-class advice and the best available options in recovering your funds, we are there to help you whenever and wherever possible.
HOW THE BIG OPTION SCAM CAME INTO BEING?
EXTREMELY HIGH RETURNS
‘Invest this much amount of money and get a return of over 100%, that too in a few weeks. Are you serious? First Option Recovery found out that most customers who believed in Big Option’s claims were duped of their money and lost whatever they had instead of getting any kinds of return. The Big Option scam was exposed owing to this very factor.
Do note that binary options have better returns than traditional stock trading and forex trading but not that much that you can buy your dream car within a few weeks.
FAKE CRYPTO EXCHANGE ALGORITHM
The algorithm that Big Option followed was a rigged one. The algorithm had weird highs and lows, and sometimes, when the market was bullish, it showed a bearish trend and vice versa. So fake was the algorithm that many of them lost thousands of dollars quickly.
We also exposed the Big Option Scam due to the complicated withdrawal procedure. Whenever someone wanted to withdraw a small amount, they would make excuses that since the customer has completed a profit, he should deposit more and earn more. When they blatantly rejected the proposal, they made even more excuses like tax issues and government rebates. Finally, after hundreds of back-and-forth emails, some got their money back but most didn’t. Big Option, thus, ended up being exposed.
NO DEMO TRADING ACCOUNT AVAILABLE
The lack of demo trading was another nuisance where traders could not familiarize themselves with the trade’s tricks and tools in the modern trading scenario. They can do so only with real money, and many traders lost much money in the process, something to look forward to in the Big Option Scam.
WHAT TO DO IF YOU HAVE LOST YOUR FUNDS IN THE BIG OPTION SCAM?
If you have lost your funds to the Big Option Scam, you need not panic and instead directly contact us at First Option Recovery. Our customer service team will forward your request to our legal experts, who will then work on the matter, create the best recovery solution for you, and then deliver it to you. One of our consultants will then call you and describe the process you need to follow. They’ll ask you to sign a confidentiality agreement to make the entire recovery process quicker. After that, you’ll be able to recover the funds within a short time frame. Contact us if you have been a victim of the Big Option Scam or any other binary options scams in general, and we will get back to you as soon as possible.