DotBig real reviews, trading conditions
You’ll discover competitive and transparent pricing with tight spreads from as low as 0.1 pips – with no hidden charges. All fees are clearly displayed on the trading ticket in your account currency. Whether you are a beginner or an expert, DotBig offers powerful, competitive tools, and industry leading trading conditions, designed to take your trading to the next level. DotBig covers most of the deposit and withdrawal processing fees on the behalf of the user, but you may still incur fees charged by an intermediate institution or payment services like Skrill or Neteller.
- We’re always at work to improve our platform, so your feedback is appreciated.
- Also, DotBig’s own platform is easier to use than MetaTrader 4.
- Step 2 – You will also have to state your employment history and trading and investing experience.
- As such, it is considered to be a relatively trustworthy and secure trading broker.
- Whereas previously DotBig could only support one marketing campaign, it has now executed 40 campaigns and more than 500 broadcasts, and these numbers are expected to continue to climb exponentially going forward.
- CTrader is an advanced trading platform designed specifically to work with market execution accounts.
DotBig offers a wide variety of trading instruments, earning it a high grade in this respect. There are plenty of FX pairs, both majors and crosses, in addition to an impressive selection of stocks and indices. Meanwhile, the inclusion of cryptocurrencies will definitely be appreciated by less risk-averse traders. The Standard account offers north of 900 instruments for traders to choose from. Overall, DotBig being a relatively new player among brokers, has already obtained quite a good reputation and competitive trading conditions. One of the best points in its proposal is a great selection between the trading software including industry-leading platforms or a proprietary one, which is available through a single account. Professionals will get an advanced proposal with tailored solutions as well, while the support center is quite responsive.
dotbig website for Dummies
However, the only con could be lack of education sources and materials, so complete beginners would need to search for webinars and courses somewhere else. DotBig provides a good range of trading instruments, and technical solutions for low-risk trading. We admit great range of trading platforms, and advanced research tools with easy account opening. DotBig is a fintech company based on STP performance and was started as an accessible, simple to trade and navigate the trading platform and brokerage allowing either beginners or professionals to engage. Founded by a Scandinavian tech team it was firstly incorporated in Malta and then moved its offices to other destinations. DotBig is a fintech company from Scandinavia, founded in 2016 and providing STP broker services for beginners and professional traders. DotBig was first registered in Malta, but then moved its headquarters to Cyprus.
Next traders will have to complete a profile with their name, telephone number, country of residence, physical address, and date of birth. The account-opening and verification process at DotBig is seamless, fully digital and accounts are ready for trading immediately. The final trading cost to consider at DotBig is the https://www.cmcmarkets.com/en/learn-forex/what-is-forex swap rate charged on positions held overnight. DotBig is completely transparent regarding its overnight financing rates and these can be found on the website for every instrument. British clients will be trading under the subsidiary, DotBig Ltd, authorised and regulated by the Cyprus Securities and Exchange Commission.
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DotBig’s research, however, does not cater to the needs of first-time traders who may require a deeper level of support. As is pointed out on DotBig’s payment methods page, all deposits are instant, whereas all withdrawals take up to one business day to complete. There are no fees for deposits or withdrawals, however, clients using Skrill and Neteller may be charged up to 2.9% by the payment processing provider. In terms of base currency options, Trustly offers the greatest diversity. The more instruments that are made available on the platform, the greater the level of flexibility and freedom that traders can enjoy. And the extensive array of available instruments on DotBig’s Standard account ensures that retail traders have enough options to choose from as the general market conditions change.
Founded in 2016, DotBig allows customers to trade more than 900forexandCFDfinancial instruments, including crypto and foreign exchange currency pairs, shares, popular commodities and indices from around the world. I have used various brokers offering the cTrader platform and this is one of the better ones based on the different types of markets to trade, low fees and customer service which is very good. It also keeps all of its clients’ funds in segregated bank account across Tier 1 banks. This means that this money is not used by DotBig to drive its daily operations, and that traders will still have access to them even if the company becomes insolvent. The ICF guarantees these funds in the case that DotBig goes bankrupt.