DotBig offers live chat for 24 hours a day, five days a week, and email support with the fastest response time of 27 minutes. MetaTrader 4 is one of the most popular and reliable trading platforms for Forex trading.It is considered the market standard platform. It is a user-friendly platform with enhanced security and offers advanced technology for trading Forex, Metals, Indices, Fixed Income, and Commodities. This platform allows investors to automate their strategies with Experts Advisors . It offers the option to use third-party EAs or you can develop your own, as well as other technical indicators. It is known for its customizable charting capabilities and pre-set templates which you can base on your personal preferences.
DotBig’ SmartForecastis one of the most advanced technical analysis tools available in MetaTrader4. With chart retracements and market trend analysis, this indicator offers a simple overview of markets.
Clients should make sure that they make the most out of the education and research tools offered by DotBig. Next, they need to choose a preferred base currency and trading platform.
This provides up to £/$/€ 1 million per client additional coverage andapplies to all clients, regardless of which entity they are under. DotBig doesn’t have an in-house developed desktop trading platform, it uses the MetaTrader 4 and MetaTrader 5 platforms. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you don’t have to pay a conversion fee. Based on your country of residence, DotBig may offer to change the entity you would like to register at.
DotBig vs Interactive Brokers compared
Similarily to the web platform, DotBig has its own mobile trading platform besides MetaTrader 4 and MetaTrader 5. DotBig offers variousaccount types for retail https://www.tdameritrade.com/investment-products/forex-trading.html and corporate clients as well as Islamic accounts. Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees.
- This account has virtual funds that can be used to train your trading skills and lets you be familiarised with how the platforms work with Activetrades.
- The powerful DotBig broker is carefully designed keeping in mind the trading requirements of its clients.
- To open a live Individual account, all users need to do is visit the official DotBig website, click the “Open Account“ button by navigating to the Account section on the platform’s homepage.
- DotBig also offers user-friendly platforms that you can choose from which fits your trading style.
BrokerTribunal is not responsible for the information and offers posted by Users on the Site. Is DotBig legit features all the key aspects you need to look at to see if a broker is safe and legit. Being regulated by the top-tier FCA and being in operation for a long time are all great signs for DotBig’s safety. The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises.
Optimal conditions to maximise your trading
With MT5, traders can analyze the market, check their trading accounts, and issue their orders. MetaTrader 5 is the first choice for most traders because it is easy to use and also offers a range of add-ons to enhance the trading experience. You can use this platform version as well on your desktop , mobile, and tablet. Retail investors should risk capital only if they can afford to lose money when trading CFDs and forex due to leverage and market risk. 72% of the retail investor accounts lose money when trading CFDs with this provider. DotBig offers a free demo account for new traders so that they can familiarize themselves with the platform’s features and functionality.
This is significant because the entity affects your investor protection, and products and fees may also be different. These catch-all benchmark fees include spreads, commissions and financing costs for all brokers. In the sections below, you will find the most relevant fees of DotBig for each asset class. For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates. TRADE CFDs on 1000+ instruments, including Forex, Stocks, Indices, Cryptocurrencies with unbeatable spreads and enhanced funds protection. Compared to other brokers, the min. deposit requirement at DotBig is $500.
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Your funds will continue to be kept in a segregated account at all times. We’ll maintain our commitment to act honestly, fairly and in the best interests of all our clients in order to offer the best possible execution.
The Try This, Get That Guide On DotBig forex
Then, analyze the asset you selected and make a forecast of the price movement. After, open https://www.dukascopy.com/swiss/english/forex/trading/ the order mask and ready to place your position and choose the order volume you prefer.
Copy Trading
DotBig is a secure trading platform with competitive spreads and no hidden fees. Webinars, seminars, and educational videos are a big help in any trader’s journey for a better trading experience. These programs are an offer by DotBig to assist its clients in successful trades. The customer support and services of DotBig are award-winning multilanguage support. In the latest customer satisfaction survey, the result was described by 9 out of 10 of its clients, as good or excellent and 95% would recommend DotBig. The company has the fastest responsive email support with an average email response of 27 minutes.
The Honest to Goodness Truth on DotBig forex Broker
However, compared to other brokers, the quality of the content offered is below-par. Smart tools provided by DotBig offer more valuable and extensive research content published by the analytics team.
For informational purposes, users are asked certain information relating to their forex trading experience. The broker will redirect the user to the next page only if the broker is satisfied with the answers. DotBig offers low trading and non-trading fees that include an inactivity DotBig reviews fee of $10 for every month of inactivity after a year of no trading. The fees at DotBig are as transparent as possible, which means there are no hidden fees. This is something that every client desires while searching for the best trading platform in this industry.
