DotBig Forex Broker Review
DotBig Forex broker is a relatively young company providing online trading services. The following main trading instruments are available to users: currency pairs (Forex), CFDs on shares, indices, stock products, crypto currencies, ETFs. Also, the DotBig company’s clients are offered trading signals and copying transactions. But we were not able to see the list of managers and their transaction history in open access without registration. Did you know market session times are essential to your trading strategy? Find out why
Overview of your personal account
To start trading in real financial markets, new clients of the broker must register on the official website dotbig.com, reviews of which are quite diverse. To do this, you must fill out an online form, indicating your contacts: phone number, full name, and email address. Further authorization and verification instructions will be sent to the user by e-mail.
In the DotBig personal account, the company’s clients can:
- download the trading platform;
- manage accounts;
- participate in investment programs;
- replenish the deposit and withdraw funds.
A client in DotBig LTD can choose between the MetaTrader 5 terminal, and the personal development of the service – DotBig Web. The trading conditions are the same for everyone, there are no divisions into types of accounts:
- deposits begin at $100;
- leverage 1 to 400;
- lots from 0.01;
- spreads are tight from 0.5.
The broker allows auto trading. Balance withdrawal/replenishment via bank cards, Skrill, Western Union, WebMoney. Dotbig testimonials mention this as a platform advantage
Dotbig provides over 200 assets for trading on the stock market. Buy and sell international corporations’ securities. The minimum trade size at the DotBig Forex broker is 0.1 lot.
Advantages of trading in this market through DotBig:
- the ability to control position size using small contracts;
- different leverage for different assets of the market;
- low transaction fees – commissions are included in the spreads.
DotBig company clients have access to several crypto currencies. The broker has a significant advantage – the ability to issue a special DotBig card, on which you can store all assets, including digital ones.
The main advantage of trading commodities through CFDs is that you can participate in commission-free trades without the actual need to take ownership of a particular asset.
In order to trade Forex through DotBig Ltd, you need to open a personal account. When you are already registered, you can make a forex broker deposit and choose financial instruments. The minimum deposit to access the Forex market is $100. The study quotes and uses the analysis data provided by Dotbig to successfully trade currency pairs on currency exchanges. In total, there is a choice of 71 currency pairs.
Online trading services
In DotBig reviews, clients note the ease of use of the trading platform developed by the broker itself. DotBig Web is a web-based online trading terminal that offers a clean interface and a variety of analytical tools. It should also be noted that there is a mobile version of the platform as well. Its functionality includes 150 analytical tools and indicators, which is enough for mobile trading.
The broker provides access to social trading and automated trading platforms. Special programs will develop you signals that will inform you about the best moment for a trade. It is also possible to trade in one of the most popular trading terminals – MetaTrader5.
Deposit and withdrawal of funds
You can replenish your account and withdraw funds through bank transfer, credit/ debit card withdrawal, e-wallets. When choosing a money transfer method, read the rules of different payment systems. Each service has a commission, which may vary depending on the amount of withdrawal. The broker does not charge a percentage when replenishing a deposit. There is a commission of up to 3.5% when withdrawing funds.
Advantages/disadvantages of a broker
Benefits of DotBig
- precise signals and advanced analytical tools;
- constant high-quality updates of the trading platform;
- original trading platform;
- KYC policy;
- a wide range of markets and assets;
- top trading terms;
- portfolio of investments.
However, there are some minor drawbacks as well. Traders don’t like the following things that are characteristic of DotBig:
- withdrawal commissions;
- withdrawal limit;
- floating spread that increases sharply during the night.
Reviews on other resources
You can find a lot of reviews about DotBig LTD, but to believe them or not is your business. It should be understood that some brokers deliberately post positive reviews about themselves in order to attract customers. However, other companies can damage the reputation of their competitor by posting negative dotbig testimonials about it.
The conditions of the DotBig ltd broker are suitable for traders with different initial capital and investment knowledge. Beginning market players have access to services for automatic trading, with the ability to protect investments from loss in the trading process. Reviews about DotBig broker are mostly positive. The company’s customers note the high speed of processing orders, stable withdrawal of funds, and the convenience of the web terminal.