This article provides a thorough explanation of the reviews, ratings, reputation, safety, advantages and disadvantages of the overseas FX broker BigBoss. Founded in 2013, this FX company provides services in various countries, mainly to Japanese users, and is a global FX company. All account types have a leverage of 1,111 times, so you can trade with a fairly high leverage.
- Safety of BigBoss
- About BigBoss’s features and services
- Only three types of account
- Maximum leverage is 1111x
- About our products
- Covers major currencies
- Low slippage
- The average spread is wide
- There are stop loss and zero cut
- Demo accounts are available
- Trading tools are compatible with MT
- Unique token “BigBoss Coin (BBC)”
- Very comprehensive customer support
- There are campaigns and bonuses
- Abundant methods for depositing and withdrawing
- What about the actual reviews?
- You can open an account for free
Safety of BigBoss
BigBoss is an FX company established in 2013. It is based in Saint Vincent and the Grenadines and is operated by Prime Point LLC. It has a good reputation among traders and has not experienced any major problems or withdrawal refusals, so it can be said to be a very reliable company. It is a company with a good reputation in Japan, so you can trade without any problems. The target lot size is also high, so you can compete with the system. It is a popular company that is ranked higher than others and allows for high-value trades.
Company | Prime Point LLC |
Found | 2013 |
Address | 1/F, First St Vincent Bank Ltd Building James Street Kingstown St. Vincent and the Grenadines |
License | SVG FSA |
Holds a financial license
BigBoss holds a license from the Financial Services Agency. It has obtained SVG FSA from the St. Vincent and the Grenadines Financial Services Authority, so you can rest assured. In the case of BigBoss, the group companies are unknown, but it can be said to be a fairly reliable FX company. At the very least, the official website offers multiple luxurious bonuses, which are adopted and have something to look out for. There is a possibility that more licenses will be added in the future, so there are no disadvantages.
Segregated management
BigBoss has separate management, so traders’ and customers’ funds will not be used for business purposes without permission. There is also trust protection. In the unlikely event that BigBoss goes bankrupt, the trader’s account assets will be returned in full through the trustee. If there are no new violations, the funds can be used effectively by yourself. It is recommended to specify and manage with a good company. You can also quickly download the latest trading history and use it for tax returns.
No withdrawal refusals
For reference, after registering with BigBoss, you can log in and do automated trading and copy-training, and you can also receive bonuses. There are no refusals to withdraw funds, so this is a point that stands out when compared to other companies. Deposits and withdrawals are reflected within a few days. You can trade many stocks as long as you submit your identification information from the menu. Add an amount and trade as much as you want with a demo or real account. The company is well-known, so it is unlikely to disappear. Unlimited and easy-to-understand trading
Warning from the Financial Services Agency of Japan
Bigboss has received a warning from the Japanese Financial Services Agency. Under Japanese law, it is considered dangerous for overseas FX companies to provide services to Japanese residents. However, that does not mean it is illegal. Users can use it freely at their own risk. There is no suspicious solicitation, so you can rest assured. There have been no problems in the business world in the past. At this point in time, it is well-received and reliable. The spread is also narrow and it can be said that it is a broker that can win big every month. Even from an individual’s perspective, the 1000x leverage itself can be said to be important. You can start trading on the same day.
About BigBoss’s features and services
I will summarize the features and services of BigBoss. You can choose between USD (US Dollar) and JPY (Japanese Yen) as the base currency, and since the leverage is high, it is easy to make a profit. The ECN method is adopted, and you can hold many positions on each platform. Try it once with a low, small amount. Even if you are worried about starting, you can rest assured. Since it is a major company, it is possible to use not only methods but also EA, long-distance, and even scalping. The terms are relatively loose and the burden is small in some areas.
Only three types of account
There are two main account types, but there are three in total. BigBoss’s account types can be selected from three different types: Standard Account, Pro Spread Account, and Deluxe Account. The Standard Account allows you to trade various CFDs in addition to currency pairs, and there is no transaction fee, but the spread is wide. The Pro Spread Account has a very narrow spread, although the transaction cost and transaction fee are charged in units of $9 for a round trip. The Deluxe Account is a new type that has recently appeared. It wouldn’t be a bad investment.
Standard | Pro Spread | Deluxe | |
Trade Style | NDD ECN | NDD ECN | NDD ECN |
Max Leverage | 1,111 | 1,111 | 2,222 |
Trade Instruments | Forex Metal Energy Indice Crypto | Forex | Forex Metal Energy Indice Crypto |
Commision | Free | $4.5 | Free |
Average Spread | 2.0~2.2pips | 0.9~1.2pips | 2.0~2.2pips |
Min Lots | 0.01 | 0.01 | 0.01 |
Max Lots | 50 | 50 | 50 |
Scalping | 〇 | 〇 | 〇 |
Auto Trading | 〇 | 〇 | 〇 |
Hedge | 〇 | 〇 | 〇 |
Margin Call | 50% | 50% | 50% |
Loss Cut | 20% | 20% | 20% |
Zero Cut | 〇 | 〇 | 〇 |
Trade Tool | MT4 MT5 BBQ | MT4 MT5 BBQ | MT4 MT5 BBQ |
Base Currency | JPY USD | JPY USD | JPY USD |
Bonus | 〇 | 〇 | 〇 |
In addition to this, there is a CRYPTOS account and BigBoss’ own cryptocurrency exchange, which was released in June 2022. Although it is only spot trading, there is a restriction that FX trading and CFD trading cannot be done with 1x leverage, but the number of cryptocurrencies exclusive to BigBoss is expected to increase in the future. The exchange also plans to hold token sales and airdrops.
Maximum leverage is 1111x
The maximum leverage is 1111x. However, there is a limit to the leverage. The leverage will automatically change depending on the account balance. Be careful when placing orders at the market. The Deluxe account allows for a maximum leverage of 2,222x and a stop loss level of 0%, but you must purchase enhanced items to apply the maximum leverage. You can trade in fluctuating markets even with a small amount of money.
~$19,999 | 1,111 |
$20,000~$49,999 | 555 |
$50,000~$99,999 | 200 |
$100,000~ | 100 |
About our products
There are a wide variety of products available, but compared to other companies, the number of products is limited. The Pro Spread account only handles FX currency pairs (major currencies, minor currencies, and exotic currencies). However, the Standard account has the following products, and you can trade FX currency pairs, precious metals, energy, stock indexes, and virtual currencies (cryptocurrencies). You can trade according to your purpose from the screen. In the market, bonuses are received as credits, which can be exchanged and used. You can check the pairs 24 hours a day on the official page. Since it is a highly transparent company, you can manage your funds and make a profit.
Forex | 43 |
Metal | 2 |
Energy | 2 |
Indice | 7 |
Crypto | 30 |
Covers major currencies
Covers major currencies. There are many, such as dollars, euros, and Japanese yen, and major stocks. Trading per stock incurs risks, but move funds from your wallet to your account and start trading with high leverage. You can see the official summer and winter time information. You can also receive sponsored bonuses, so you can reduce costs and make direct profits. If you trade while reducing and improving unrealized losses, you should be able to aim for a total profit. Be careful of the indicators and store your funds.
Low slippage
Specifically, there is little slippage in orders. It is a great deal and you can make a profit. While watching the chart, you should eventually save money by buying and selling. If the spread becomes wide, it is the time of the indicator, so be careful. Analyze the market and execute with the minimum amount of funds to avoid risks. If you can fully understand the market, you will often be able to make money as a result. Trade during the full hours from Monday to Saturday.
The average spread is wide
The average spreads at Bigboss tend to be wide. The average spreads for a standard account look like this. After actually investigating and measuring, I found that they tend to be wide overall, but if you have a pro spread account, they are quite narrow. I highly recommend it because you can play with a wide range of discretion on major stocks. For real specs, the advanced pro spread is quite recommended. Access now and get started. It’s easy to make a profit in the short term even with the dollar/yen.
Standard | Pro Spread | |
USDJPY | 1.4~2.0pips | 0.2~0.6pips |
EURJPY | 1.5~2.1pips | 0.5~1.0pips |
GBPJPY | 1.6~2.4pips | 0.4~1.2pips |
AUDJPY | 1.7~2.0pips | 0.7~1.1pips |
EURUSD | 1.6~1.8pips | 0.6~0.7pips |
GBPUSD | 1.6~1.8pips | 0.7~0.8pips |
There are stop loss and zero cut
The content has a setting and environment with loss cut and zero cut mechanisms when you start, so you can rest assured. Margin calls are triggered when the margin maintenance rate is below 50%, and loss cuts are triggered when the margin maintenance rate is below 20%. There is a zero cut system, so if your account balance becomes negative to a certain extent, Bigboss will compensate you instead. There will be no margin calls (debt). However, if you violate the terms and conditions, you will be excluded and your account will be frozen.
Demo accounts are available
Big Boss Financial issues demo accounts, so you can start if you agree. You can trade for free by following the steps, even if you don’t get a bonus. Different accounts are available in the industry, and it’s attractive because you can usually trade while making decisions. Trade with high leverage in four types of accounts. Once you have saved up funds and have some spare time, you can try your luck with a real account. In real life, you need to be careful about the announcement of economic indicators.
Trading tools are compatible with MT
The trading tool is compatible with MT. There are MT4, MT5, and BigBossQuickOrder (BBQ) which can handle special processing. The unique BBP app is simple and easy to use as a tool for beginners. It is compatible with Windows, Mac, Android, and iOS, and it is highly recommended because you can trade from the home page on the app. If you are a beginner, try it out and take advantage of the opportunity. Eventually you will be able to achieve results at the business level and win.
Unique token “BigBoss Coin (BBC)”
There is a unique token “BigBoss Coin (BBC)”. On January 11, 2023, BigBoss introduced “BigBoss Coin (BBC)” on CRYPTOS, a cryptocurrency exchange operated by the company. There are benefits to holding BBC, and BBC can be used as margin, and there are services such as staking services and relaxed leverage restrictions. You can receive it at any time. With a top-class broker, you can take advantage of the rates and make a profit by trading directly from your device.
Very comprehensive customer support
Customer support is very good. Phone calls are answered by callback. Emails can be received at any time, and live chat is available from 10:00 to 25:00 Japan time. Chat is available without waiting time, so you can get an immediate response. Specific consultations are also possible from your place of residence via the smartphone app. In principle, if customers contact the company with their account number and the situation, the problem will eventually be resolved.
Phone | – |
– | |
Live Chat | 10:00~25:00(Japan Time) |
There are campaigns and bonuses
There are promotions such as campaigns and bonuses. BigBoss offers two types of campaigns: regular campaigns and limited-time campaigns. Limited-time campaigns include account opening bonuses and deposit bonuses. BigBoss is a very easy-to-use bonus with a cushion function, so make use of it a little. Save it specifically and use it for your own trading. It can be used smoothly.
Abundant methods for depositing and withdrawing
There are a wide variety of methods for depositing and withdrawing. Credit cards, debit cards (VISA, JCB, Mastercard), online wallets (bitwallet, BXONE), virtual currencies, and bank transfers are supported. Deposits are basically free of charge, but withdrawal fees are a flat 2,000 yen in total. Both Bitcoin and financial institutions handle it in cash on weekdays, so it is highly recommended as it is easy to use and the basics are easy to use when choosing. It is appreciated that there is also a category for online wallets in general.
What about the actual reviews?
What are the actual reviews like? We’ve put together a list of some quotes from X (Twitter) so let’s take a look. As mentioned above, the operating company is very popular and you can make payments with 100% peace of mind. There are strict regulations in place, as accounts of malicious users are frozen. Our program allows you to trade quickly and with high leverage from your own account. This is a broker that professional experts from all over the world can compete with for high prices while constantly developing strategies. You can invest in multiple stocks at the same time regardless of nationality.
You can open an account for free
You can open an account for free. Click the button on the link below to apply through the form. When applying, you will be required to provide basic details of your personal information (date of birth, phone number, address, email, etc.) as well as uploading identification and address verification documents. Therefore, make sure to prepare them well. The screening standards are high and it is safe. The server is currently stable, so you can trade as much as you like from your My Page. Be sure to check the terms of use and policies.
Identification card | My Number Card Driver’s license Passport Health insurance card |
Address verification document | Resident registration card Cell phone or smartphone statement, invoice Salary income statement Utility bill statement Resident registration card |
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