In addition to this, the MetaTrader platform also offers robust user security features with an additional authentication option at login or sign up. Hence, traders seeking a reliable and safe forex broker can keep DotBig in their top 5 list of brokers as it offers enhanced client fund protection through additional insurance.
The broker also offers demonstration videos for traders who are not well acquainted with foreign exchange, CFDs trading, and financial markets. Although trader research and technical analysis are limited, the educational videos and other course studies enrich beginners about forex trading and investments.
Professional traderin 60 days
Deposit Fees – DotBig does not charge any deposit fee for payments made through bank transfers or e-wallets like Skrill, Neteller, Sofort, and PayPal. However, deposits made through credit and debit cards are chargeable with a fee of 1.5%. 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. As per this DotBig Review, the DotBig website offers various trading instruments allowing consumers to choose to trade forex, indices, shares, commodities, and cryptocurrencies for the UK residents.
Opinions, market data, and recommendations are subject to change at any time. If you worry about the security of your personal data, DotBig PLC takes the privacy and protection of its clients very seriously. Mobile trading is the handiest way to use this platform due to the fact that you can trade anywhere you are and anytime you want.MT4 mobile app promotes speed, functionality, DotBig forex and performance in your hands. You can track your portfolio any time, see the market movements, and allows you to view multiple financial instruments without any struggle, wherever, and whenever you wish. It is packed with market-leading functionalities and intuitive interface design. MetaTrader 4 mobile a user-friendly app that brings freedom and simplicity to your pocket.
- Demo accounts are designed for traders to familiarise themselves with all the platform functionalities using virtual money and without financial risk.
- Each user can quickly resolve any controversial situation or find out the answer to a question of interest..
- Starting from the amount of tradable assets and ending up with nice variety of trading platforms everything is offered with high quality.
- For informational purposes, users are asked certain information relating to their forex trading experience.
The DotBig broker offers 24-hour customer service 5 days a week through live chat, email, and phone support. The broker offers daily exclusive markets and technical analysis and the clients have access to a huge archive of regular webinars. I deposited minimal amount with 0,1 lot and performed several successful deals, each deal had a small profit. When I started 1 lot trading, everything was fine, but only a first day.
Client Protection
DotBig offers mostly free deposit and withdrawal options, including bank transfer, credit card and various e-wallets. MetaTrader 5 is an online trading platform https://www.DotBig.com/en-US/Trading/Forex that is more advanced, more powerful, and has more instruments.It features new and extended characteristics that make online trading more professional and precise.
The regulation is a validation by an official that authorized the company that passed certain criteria to be a trusted broker. DotBig is authorized and regulated by a high regulator which is FCA which stands for ‘Financial Conduct Authority’. This regulator is known as one of the famous regulators in the trading industry. One of the best things about DotBig is its impressive user interface that displays clear and easily navigable features and functions. DotBig traders can trade any product of their choice through the well-established proprietary trading platform, ActivTrader, MetaTrader 4, and MetaTrader 5.
Is DotBig Regulated?
Traders may also gain access to the essential Fixed Income contracts like the German bund and the US T-Note. MT4 users can download the software on any desktop device or trade stocks, foreign exchange, indices, and other financial assets through their web browsers. DotBig is authorised and licensed by several regulators, including the UK’s Financial Conduct Authority , Bulgaria Financial https://www.ig.com/en/forex/what-is-forex-and-how-does-it-work Supervision Commission , and the Securities Commission of The Bahamas . For more details about this broker you can check our full DotBig review. Hence, this broker is considered to be a reliable broker by comparison with unregulated and weak-regulated brokers. Allowing automated trading and hedging is good because it reduces financial risks and protects yourself from negative events.
Trusted Broker Reviews
We perform our due diligence and choose Liquidity Providers ("LPs") that feed two-way bid-ask prices at which we execute trades with out clients. We also use these LPs for hedging purposes to minimize our risk exposure. All the fees are transparent and predictable which confides trust in me. I have the experience when the broker charged me for something that I didn’t know, so I had to communicate with the customer service all the time which is really depressing and distracting. An important feature of the ActivTrade broker is the availability of its own training center. If necessary, inexperienced traders can take a training course and classes will be conducted individually. Besides, the company regularly organizes useful seminars and webinars that carry high-quality and relevant information, both for inexperienced clients and professionals.
DotBig forex Broker Exposed
Among its notable security features, it is worth mentioning that DotBig is a reliable forex broker that keeps all client money in segregated accounts and employs top tier-1 banks to do this. Thus, accounts lose money rarely, which makes it safe to trade. Starting from the amount of tradable assets and ending up with nice variety of trading platforms everything is offered with high quality. And all that are covered with a fine regulation and friendly support service. The safety of funds on customer deposits is largely guaranteed by the fact that DotBig is a member of FSCS . The broker also allows each trader to insure their funds individually, that is, more than with FSCS. Today, the company successfully promotes its services in many countries, which can be used immediately in 13 languages.
This refers to the Bahamian-regulated entity; the minimum deposit for example at the UK-regulated entity is $/€/£/CHF 1,000. First, let’s go over some basic terms related to broker fees. What you need to keep an eye on are trading fees and non-trading fees. Here the tightest spreads are available on currencies and you can see it on my screen. There are many perks I got when I became their trader, and so many advantages to trading there. No dealing desk intervention is what gained my traction in the first place, but also the choices I have for indices and financials trading.
Regulated brokers such as DotBig ensure safe trading conditions like segregated bank accounts and the most reliable trading practices as per many online DotBig reviews and our research. Being DotBig review regulated by the Securities Commission of the Bahamas, DotBig is one of the few brokers that can be trusted and relied on. DotBig Corp is registered under the Commonwealth of the Bahamas .
