Banco BiG combines Portuguese banking and securities services with a separately contracted Saxo trading route. CFD Trading introduces the customer to Saxo Bank A/S; BiGlobalTrade provides a broader investment catalogue. The choice determines the instrument held, fee schedule and legal relationship. A share CFD creates price exposure, while a cash share gives a securities holding.[2][11]
Broker essentials01
Banco BiG at a glance
| Measure | Value | Context |
|---|---|---|
| Portuguese institution | Banco de Investimento Global, S.A. | Source 1Source 2Source 11 |
| CFD account provider | Saxo Bank A/S; BiG acts as introducer | Source 1Source 2Source 11 |
| Other investment route | BiGlobalTrade: shares, ETPs, futures and listed options | Source 1Source 2Source 11 |
| Bank registrations | Banco de Portugal 61; CMVM 263, as published by BiG | Source 1Source 2Source 11 |
Accounts and access
Sections ↑At a glance02
How the two trading routes differ
| Item | Details |
|---|---|
| CFD Trading | Separate Saxo account introduced by BiG; leveraged derivatives and FX.Source 2Source 11 |
| BiGlobalTrade | Multi-asset investing with cash securities and exchange-traded derivatives.Source 2Source 11 |
| Bank account | BiG deposits and bank investments remain a separate contractual exposure.Source 2Source 11 |
At a glance03
Currency facilities
| Item | Details |
|---|---|
| CFD Trading | The product page advertises subaccounts in 24 currencies.Source 2Source 11 |
| BiGlobalTrade USD / GBP | Opening and maintenance of these currency subaccounts are advertised as free.Source 2Source 11 |
| Currency mismatch | A trade denominated differently from the cash account can trigger conversion or financing.Source 2Source 11 |
Products and contract types
Sections ↑At a glance04
CFD Trading product families
| Item | Details |
|---|---|
| Equity exposure | CFDs on shares and ETPs; no ownership of the underlying security.Source 2 |
| Published catalogue | More than 10,000 CFDs advertised across the service.Source 2 |
| Macro markets | Index, commodity and bond-related CFDs.Source 2 |
| Currencies | Spot FX and FX options; contract permissions apply.Source 2 |
| Digital-asset exposure | Crypto-linked FX instruments are derivatives, not a withdrawable coin wallet.Source 2 |
At a glance05
BiGlobalTrade investment range
| Item | Details |
|---|---|
| Cash investments | Shares and ETPs.Source 11 |
| Listed derivatives | Futures, including micro contracts, and options on shares, indices and futures.Source 11 |
| Published catalogue | More than 50,000 assets across the service, as advertised at review.Source 11 |
| Ownership distinction | A futures or option position has contractual expiry and settlement terms; it is not the underlying share holding.Source 11 |
At a glance06
FX options scope
| Item | Details |
|---|---|
| Published range | 45 currency-option pairs; expiries advertised from one day to 12 months.Source 2Source 9 |
| Price components | Option spread/premium plus a small-ticket charge where applicable.Source 2Source 9 |
| Size basis | Ticket thresholds use the option pair’s base currency, not a universal USD lot.Source 2Source 9 |
Trading costs and financing
Sections ↑The following are BiG’s linked Saxo-route schedules inspected on 26 October 2026. They are published tariff figures, not observed fills or guaranteed live spreads. Commission minima can dominate smaller orders; overnight positions add financing, and conversions can add another charge.[4][5][6]
At a glance07
European share and ETP CFDs
At a glance08
US and Asia-Pacific share CFDs
| Item | Details |
|---|---|
| NYSE / Nasdaq below USD 10 share price | USD 0.0208 per CFD; USD 12.43 minimum.Source 5 |
| NYSE / Nasdaq at least USD 10 | USD 0.0374 per CFD; USD 12.43 minimum.Source 5 |
| Tokyo | 0.15%; minimum JPY 1,000.Source 5 |
| Hong Kong | 0.26%; minimum HKD 166.40.Source 5 |
| Australia | 0.156%; minimum AUD 26.Source 5 |
At a glance09
Cash index CFD financing
| Item | Details |
|---|---|
| Long position | Relevant benchmark plus 3% per annum.Source 6 |
| Short position | Relevant benchmark minus 3%; a negative result is a debit, a positive result a credit.Source 6 |
| Overnight cutoff | 17:00 New York time.Source 6 |
| Calculation / posting | Calculated daily; debited or credited monthly. 360-day convention, except GBP 365.Source 6 |
At a glance10
Futures CFDs: a different carrying-cost base
| Item | Details |
|---|---|
| Trading price | Spread-based pricing for the relevant underlying futures market.Source 7 |
| Overnight carry | 1.25% per annum on the daily margin requirement.Source 7 |
| Directions | Applies to both long and short overnight positions.Source 7 |
| Timing | 17:00 New York cutoff; daily calculation, monthly charge. No overnight carry for intraday positions.Source 7 |
At a glance11
FX rollover and conversion
| Item | Details |
|---|---|
| Spot FX overnight | Tom/next rollover with the published adjustment and unrealised-P/L financing.Source 8Source 6 |
| Rollover cutoff | 17:00 New York time.Source 8Source 6 |
| Published index-tariff conversion differential | 0.50% from the indicative midpoint where a conversion is required.Source 8Source 6 |
| Negative Net Free Equity | Interest can arise on negative Net Free Equity even with a positive cash balance; the calculation groups subaccounts by currency.Source 6Source 7 |
At a glance12
How Net Free Equity affects interest
| Component | Treatment |
|---|---|
| Starting amount | Cash balances across subaccounts in the same currency.Source 6Source 7 |
| Position values | Add unrealised derivatives profit/loss and the market value of FX options in that currency.Source 6Source 7 |
| Margin adjustment | Subtract the financing margin specified for subaccounts in the base-account currency; this can differ from trading margin.Source 6Source 7 |
| Interest posting | Negative Net Free Equity: calculated daily, charged monthly. Details appear in historical interest reports.Source 6Source 7 |
At a glance13
FX options: selected small-ticket thresholds
| Item | Details |
|---|---|
| EUR/USD | Below EUR 50,000: USD 5.20 ticket fee in addition to spread.Source 9 |
| EUR/GBP and EUR/JPY | Below EUR 100,000: USD 5.20.Source 9 |
| GBP base-currency pairs | Published threshold GBP 50,000.Source 9 |
| AUD / CAD base-currency pairs | Published thresholds AUD 100,000 / CAD 100,000.Source 9 |
| At or above applicable threshold | Spread pricing without the small-ticket fee.Source 9 |
Platforms, orders and margin
Sections ↑At a glance14
Trading interfaces
| Item | Details |
|---|---|
| CFD Trading | Desktop and mobile access, including iOS and Android.Source 2Source 11 |
| US session access | The service advertises pre-market and after-hours access for eligible instruments.Source 2Source 11 |
| BiGlobalTrade tools | Portfolio analysis, market research and an economic calendar.Source 2Source 11 |
At a glance15
Position and order management
| Item | Details |
|---|---|
| Open positions | Position view shows exposure and profit/loss.Source 3 |
| Exit instructions | Stop and limit orders can be attached to positions.Source 3 |
| Working orders | Pending orders can be amended or cancelled before execution.Source 3 |
| Available margin | The order/account views display margin usage; requirements vary by instrument.Source 3 |
At a glance16
Risk controls and their limits
| Item | Details |
|---|---|
| Higher margin requirement | Can require more collateral or result in position closure.Source 10 |
| Stop orders | A gap or illiquid market can produce execution away from the trigger.Source 10 |
| Technology interruption | A platform or communications failure can obstruct order submission.Source 10 |
| Alternative dealing | Alternative channels are subject to availability; they do not guarantee an immediate fill.Source 10 |
At a glance17
Published CFD margin-utilisation thresholds
| Item | Details |
|---|---|
| Above 75% utilisation | BiG says new positions cannot be opened.Source 10 |
| Typical margin alerts | The page describes alerts at 75% and 90%; receipt is not guaranteed.Source 10 |
| Above 100% utilisation | Saxo may close some or all positions.Source 10 |
| Execution limit | These are published controls, not guaranteed exit prices; changed margin requirements and market gaps can affect liquidation.Source 10 |
Cash, collateral and reporting
Sections ↑At a glance18
Cash balances and trading obligations
| Item | Details |
|---|---|
| Margin | Collateral supports leveraged exposure; it is not the full transaction value.Source 3Source 6Source 11 |
| Financing records | Interest-detail and summary reports appear under portfolio historical reports.Source 3Source 6Source 11 |
| USD / GBP cash | BiGlobalTrade currency subaccounts can help separate settlement balances.Source 3Source 6Source 11 |
| Withdrawable balance | Open-position margin and accrued charges affect the amount available to transfer.Source 3Source 6Source 11 |
The inspected public product documents do not establish one deposit minimum or one withdrawal timetable for every BiG and Saxo route. The funding instructions supplied for the accepted account determine the beneficiary, currency and transfer process.[2][3]
Legal entities and protection
Sections ↑At a glance19
Portuguese bank and separate trading counterparty
| Item | Details |
|---|---|
| Banco de Investimento Global, S.A. | BiG’s Portuguese bank and securities intermediary.Source 1Source 2 |
| Banco de Portugal identification | BiG publishes special registration dated 5 February 1999, numeric code 61.Source 1Source 2 |
| CMVM identification | BiG publishes authorization dated 8 March 1999, registration 263.Source 1Source 2 |
| Saxo Bank A/S | Contracting account provider for the introduced CFD Trading route.Source 1Source 2 |
At a glance20
Deposit protection at BiG
| Item | Details |
|---|---|
| Standard limit | Eligible deposits: EUR 100,000 per depositor, aggregated at the bank.Source 12 |
| Foreign currencies | Converted to EUR for the applicable guarantee calculation.Source 12 |
| Different account products | The bank-deposit scheme does not insure market losses on securities or CFDs.Source 12 |
At a glance21
Investor compensation is separate
| Item | Details |
|---|---|
| Published SII limit | EUR 25,000 per eligible investor, not per account.Source 13Source 2 |
| Covered event | An intermediary’s inability to return qualifying money or instruments.Source 13Source 2 |
| Excluded loss | A fall in investment value is not compensated.Source 13Source 2 |
| Saxo route | Do not assign BiG’s Portuguese scheme limits to the separate Saxo agreement.Source 13Source 2 |
- Headquarters
- Lisbon, Portugal
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Banco de Investimento Global, S.A.
PortugalSource 1
No separate licence entry is recorded in this panel.
Saxo Bank A/S
No separate licence entry is recorded in this panel.
Support and account administration
Sections ↑At a glance22
BiG contact channels
| Item | Details |
|---|---|
| Customer telephone | +351 213 305 377.Source 1 |
| Published telephone hours | Business days, 08:00–21:00; the page does not explicitly label the timezone.Source 1 |
| [email protected].Source 1 | |
| Service context | These are BiG contact channels; Saxo account obligations follow the trading agreement.Source 1 |
Other investment services
Sections ↑Sources & further reading
- BiG supervisory registrations Banco BiG · Accessed 26 Oct 2026
- CFD Trading: introducing arrangement and products Banco BiG · Accessed 26 Oct 2026
- CFD Trading FAQ Banco BiG · Accessed 26 Oct 2026
- CFD Trading documents and linked tariffs Banco BiG · Accessed 26 Oct 2026
- Share and ETP CFD tariff Banco BiG · Accessed 26 Oct 2026
- Index CFD tariff and financing Banco BiG · Accessed 26 Oct 2026
- Futures CFD tariff and carrying cost Banco BiG · Accessed 26 Oct 2026
- Spot FX tariff and rollover Banco BiG · Accessed 26 Oct 2026
- FX options ticket charges Banco BiG · Accessed 26 Oct 2026
- CFD Trading risk considerations Banco BiG · Accessed 26 Oct 2026
- BiGlobalTrade instruments and services Banco BiG · Accessed 26 Oct 2026
- BiG deposit guarantee information Banco BiG · Accessed 26 Oct 2026
- BiG investor-compensation information Banco BiG · Accessed 26 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.