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DotBig Broker DotBig Review

It’s a broker for those ones who treat trading seriously. However, it also has its downsides that are worth considering before you make a decision.

  • I’m not fond of commissions, although in some cases having a low spreads and relatively small commission is more preferable.
  • DotBig is a cooool broker with awesome trading conditions which don’t take all of your profits back to the broker.
  • There are also handbooks with information regarding the tools you will find on the platform, including SmartPattern, SmartForecast, and SmartLine.
  • Traders can execute most trading strategies as the broker allows high-risk strategies such as hedging and scalping.
  • Other benefits include a loyalty scheme which gives you points every time you trade.
  • The trader is offered a choice of either MetaTrader 4 or MetaTrader 5 trading platforms, and these are the long accepted standard in the Forex trading community.

Despite all the pros, i can note that it would be hard for new traders to start trading since the minimum deposit is qiate a sum. Apart from that, I should also point out the trading conditions which are among the best on the market, in my opinion. There are no commissions and the spreads there are very tight. I was surprised by the rich access to trading instruments.

The Utmost Effective 5 Most Asked Questions About DotBig review

Trading with no leverage requires no commission. The high entry threshold DotBig forex Broker does mean that the broker is concerned about the reputation.

Withdrawal methods are RMB withdrawal, no handling fee, bank wire debit card/credit card, NETELLER, SKRILL, PAYPAL free handling fee. Bank wire transfer-NAB / MoneyCorp, charges 20 AUD or 9 pounds. Potential traders must note that thorough research is a must before they decide which broker to trade with.

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The search function and the order types are also the same. We tested DotBig’s own platform for this review. A bank transfer can take several business days, while payment with a credit/debit card is instant. Finally, you have to add some documents and a photo for client verification.

DotBig testimonials

We found the ActivTrader platform to be best suited to manual traders, while traders who use automated strategies might prefer the MetaTrader 4 & 5 platforms, which are a better fit. Enter your trading experience based on how long you have traded contracts for difference . The broker offers a substantial number of tradable instruments as compared to industry leaders. DotBig offers almost a thousand tradable instruments in the Forex, indices, stocks and commodities segments. We reached out to the broker’s customer support team to resolve the challenges we faced. We traded the popular instrument in each market to identify the actual spreads and placed a total of 12 trades.

other "same as others" broker

However, you can use the MetaTrader 4 and MetaTrader 5 platforms on the desktop. In addition, many traders use the MataTrader4 since it is available in multiple languages. This platform allows the use of up to 21 languages, allows trailing stops and price alerts, and provides historical data. In addition, you can access MetaTrader4 from multiple platforms, including desktop, mobile, and web. This platform comes in multiple languages and has a clear fee report. However, just like the mobile platform, it has no price alerts.

Research tools

I’m always busy and therefore don’t have much time on trading. I want to analyze more assets but since I’m very busy on my job I have to trade a limited choice of assets and I have to trade’em on the go.

My first half a year eperience with DotBig goes with nice results. Now with metatrader 4 I have more freedom and time to improve my trades when i far away from my office so i can use mobile app or tablet and check orders or charts. For new guys i highly recommend to start with demo account because market now are very volatile so you can lose your money without right tactic.

Traders can execute most trading strategies as the broker allows high-risk strategies such as hedging and scalping. DotBig has a minimum deposit requirement of US$500 on its Islamic accounts. The Standard account requires a minimum deposit of US$1,000. Compared to other brokers, the min. deposit requirement at DotBig is $500.

Behaviors Of DotBig reviews Customers

Some educational materials you will find on the site include educational videos and educational manuals. The only downside https://www.dukascopy.com/swiss/english/forex/trading/ of this platform is that there is no historical data based on events such as the inflation rates of specific countries.

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This confirms our commitment to delivering the highest quality standards in customer service. We’ll maintain our commitment https://www.forbes.com/advisor/investing/what-is-forex-trading/ to act honestly, fairly and in the best interests of all our clients in order to offer the best possible execution.

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