Bigwhales (pc.bigwhales.com) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: Room 103 3rd Floor Maison Des Malavois Bois de Rose Ave Seychelles This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: pc.bigwhales.com.
Bigwhales (pc.bigwhales.com) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Educational resources|Good mobile app|Multi-currency support|Wide product range
Cons: No dark mode on mobile|Alert system is basic
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Bigwhales (pc.bigwhales.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Good mobile app|Low minimum deposit|Excellent charting
Cons: Email notifications too frequent|Withdrawal takes 1-2 business days
Do not believe the bonus offer from Bigwhales (pc.bigwhales.com). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through a financial advisor and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Two-factor authentication|Good mobile app
Cons: No integrated tax optimization|Charting tools need more indicators
I trusted Bigwhales (pc.bigwhales.com) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Real-time alerts|Great customer service
Cons: Alert system is basic
I lost a significant amount because Bigwhales (pc.bigwhales.com) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Regular updates|Good mobile app|Customizable dashboard|Personal attention
Cons: Website design could be more modern
Bigwhales (pc.bigwhales.com) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Responsive team|Multi-device support|No hidden fees
Cons: No dark mode on mobile|Limited demo account features