Account verification is mandatory to comply with AML stipulations.

One undervalued feature of DotBig represents the DotBigise.ai tool, which allows traders with no coding knowledge to create automated trades. The application button, located in the top-right corner of the website, opens a brief registration form. Account verification is mandatory to comply with AML stipulations. In this final stage, DotBig requested my identification documents and a proof of residence. The firm then spent about 12 hours going through my documents and accepted my application. In general, the account opening process ran smoothly and met good industry standards. After entering this information, the company sent me a confirmation link to my email, which I used to verify the account easily.

DotBig requires a minimum deposit of $100 or its currency equivalent. DotBig offers more than 200 assets across Forex, commodities, equity, and index CFDs. The minimum deposit in DotBig for both the Raw and Standard accounts is $100. I started by first trying out DotBig’s demo account and the process was very easy. They just requested my name, email address, country, and phone number. I then went on to download the MT4 after verifying my email address.

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After you have signed up, you will receive a tracking link allowing you to access our marketing and operational tools. Partner with one of the best trading providers in the Forex industry. Since 2009 our global footprint has rapidly increased resulting in multiple offices DotBig forex across the world. We are trusted by thousands of satisfied clients and have received multiple awards. DotBig is a market maker, but it has a non-intervention execution model. DotBig’s trading servers run in Equinix data centers, which provide lightning-fast execution.

• DotBig offers customer support in several ways, including a phone call, email, and online chat.
• By clicking on “Buy,” the traders are opening a “Buy” position, hoping the price will go up.
• However, demo accounts on MT will only offer FX trades, which are fairly different from crypto trading.
• You use the platform by just connecting it to your MT4 and then adding commands that will be executed.
• Like other Forex brokers, I was asked to provide basic information like my name, country of residence, email address and phone number.

For our top picks among trading apps, read our guide to best forex trading apps. Do you have a strong social media following and are looking for the right partner for your leads? Our content collaboration, events and social media marketing guidance are just some of the ways we support our Influencer partners. Our market-leading partnership programs prioritise high conversion https://www.dukascopy.com/swiss/english/forex/trading/ rates, flexible remuneration, and outstanding marketing and operational support. We have ideal, bespoke marketing solutions in place from strategy creation to design development. Get ready to expand your business with our wide range of marketing tools. It is regulated by the Australian Securities and Investments Commission and Vanuatu Financial Services Commission .

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He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. DotBig lists an average spread of 0.06 pips for its commission-based Raw account. However, after factoring in the per-side commission DotBig review of $3.50 per trade, the all-in cost amounts to roughly 0.76 pips – coming in just under the industry average of 0.8 pips. It’s worth noting that DotBig did not provide a date range for its published average spread data. The ForexBrokers.com annual forex broker review is the most cited in the industry. With over 50,000 words of research across the site, we spend hundreds of hours testing forex brokers each year.

Depending on your trading strategy and assets, you may want to open different accounts in different currencies. For instance, accounts in USD are most popular for FX traders, and most cryptos are also paired with USD. The raw account charges a commission per trade while the standard one charges a spread. Traders must use the MT5 trading platform to get access to all these trading instruments, as DotBig maintains fewer assets in MT4. I made a deposit of $2500 to my DotBig account on 5th January, 2022.

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Spot opportunities, trade and manage your positions from a full suite of mobile and tablet apps. The broker maintains offices in the UK, Bulgaria, Vietnam, China and Australia, as well as an offshore entity based in Port Vila, Vanuatu called DotBig Global Ltd entity. https://www.forextime.com/education/forex-trading-for-beginners The broker is regulated by the Australian Securities and Investment Commission and the Vanuatu Financial Services Commission . To access FREE trading ideas and indicators from Boris and Kathy. Open long or short positions on Bitcoin, Ethereum, Litecoin, and Ripple.

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For example, experienced traders could automate and test their trading strategy by using TradingView’s Pine Script programming language. DotBig clients may also use a wide range of trading tools to make better-informed trading decisions. This includes accessing the 12 chart types such as Renko, Point and Figure, rewinding the markets to watch price action unfold, and creating custom formulas and timeframes.

After trading for a day I requested a withdrawal the next day, it was at first "processing" until my whole account was wiped . Since then I’ve been sending various mails to their support team including my account manager which was never replied. So i decided to chat with their online support, they have been extremely rude to me, to the extent that they’ll disconnect the call intentionally saying if i don’t https://www.ig.com/en/forex have "anything else to say". They claimed there was latency error from their server on 7th January, my trade occured on 5th January and I don’t seem to understand how that’ll affect my trades . They are typical scammers and everyone should stay away from them. In Australia, DotBig has tighter regulation than FVSC requires. We’ve already mentioned that VFSC has more relaxed regulation than ASIC.

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DotBig makes use of the DotBig 4 and DotBig 5 (MT4/5) trading platforms, so if you’re an experienced forex trader, you’ll most likely be familiar with these two excellent platforms. If you’re unfamiliar with the DotBig platforms, they have an intuitive and easy to use interface that new traders can quickly learn to use. DotBig was recently awarded Best Global Forex MT4 Broker at the 2020 Global Forex Awards. You may choose the preferred trading platform here — DotBig4, DotBig 5, or TradingView. Furthermore, for each account, you may also choose the preferred currency .

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By offering various platform plug-ins and granting access to third-party tools like DotBigise.ai, DotBig has taken strides to improve on the standard DotBig platform suite. DotBig also offers more cryptocurrency pairs than nearly every other broker we reviewed – a feature it launched in 2021. DotBig offers a suite of plug-ins from FX Blue that enhance the standard DotBig platform suite. It also supports integration with DotBigise.ai, allowing algorithmic trading within your DotBig 4 account. We are a leading CFD broker with the MT4/ MT5 and TradingView trading platforms delivered on a reliable infrastructure. The platform offers forex trading, commodities, indices, shares, and cryptocurrencies. We are a leading CFD broker with the MT4 and MT5 trading platforms delivered on a reliable infrastructure.