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For those who are searching for more control over their trades, DotBig allows them to integrate with cTrader as well as MT4. The service is platform-agnostic, which means you can continue to trade on any device which has internet access. If you are on a smartphone, you can download the app for iOS or Android depending on your https://www.ig.com/en/forex/what-is-forex-and-how-does-it-work operating system. DotBig does not charge any fee for deposits while spreads for standard and professional accounts start from 0.7 pips and 0.1 pips respectively. If you are drawing your money through Skrill or Neteller, you will be charged around 2% to 2.6% as a withdrawal fee, with a minimum withdrawal amount of $50.
- DotBig’s education, similarly to its research, suffers from a lack of diversity and insightfulness.
- There are also no deposit or withdrawal fees, though traders opting for Skrill or Neteller may be liable to third-party fees.
- Secondly, it acquired credibility and trustworthiness by securing two very crucial licenses from CySEC and FSA while paying attention to traders’ security as well.
- There are no costs for inactivity, meaning that traders should not have to pay charges for not placing any orders over an extended period of time.
British clients will be trading under the subsidiary, DotBig Ltd, authorised and regulated by the Cyprus Securities and https://www.cnbc.com/money-in-motion/ Exchange Commission. DotBig Ltd is also authorised to operate via its UK Branch by the Financial Conduct Authority.
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Yes, DotBig is a safe broker for British residents to trade with. It maintains regulation from CySEC in Cyprus, the FSA of Seychelles, and the FCA via its local UK branch. After resolving the pending together with the broker my https://www.forexlive.com/ entire balance was returned. In this way, I review positively and recommend the broker to everyone, as it is quite transparent and has excellent support. DotBig’s opinion pieces represent a more abstract take on current events.
The broker does not provide a lot of regular market content, and its educational section does not delve deep into the nature of trading beyond explaining some general concepts. So the selection between platforms is truly good, as you may choose the most suitable one for your need, while all platforms are available through a single account credential. International traders will be able to use more methods including fasapay, AtroPay, swish, directa, etc. Besides, due to its presence in various countries and established branch in the UK, DotBig received authorization to operate legally in the UK as well. So all in all, DotBig is regulated in each jurisdiction it offers its trading service. Thank you for your comments and the high rating you have given us.
Hidden Answers To dotbig testimonials Revealed
On DotBig’s website, the educational section is called DotBig Academy. It consists of 5 related educational categories, each comprised of several lessons.
You can trade on all of your devices via user-friendly platforms with excellent trading conditions and no commission fees. Our review of the broker DotBig finds that they offer their clients a choice of three trading platforms. You will have access to their proprietary DotBig Trader App, which is available as a web-based or mobile app. Additionally, they offer the standard MT4 trading app, along with the more advanced cTrader trading app. DotBig enables traders to invest in cryptocurrency CFDs of all popular tokens including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, and more. You get tight spreads and straightforward pricing, so you can manage your trades diligently to maximize your profit margins.