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A Detailed Review of Dotbig- Terms of Cooperation With a Broker

DotBig is an international broker that has been in business since 2003. The company’s registered address is Suite 305, Griffith Corporate Center, Kingstown, St. Vincent, and the Grenadines. The company provides access to foreign exchange and stock markets. Since the forex broker operates in many countries, customers are served in several languages, including Russian.

Personal account overview

Before you start trading on Forex through DotBig ltd, you need to create a personal account. For quick registration, a special form is filled out on the official website dotbig.com, reviews of which can be found online. The procedure is standard, you only need contact details, last name, and first name.

The functionality of the personal account is designed in such a way that it allows you to access:

  • any trading platform;
  • trading account management;
  • information about the investment portfolio;
  • payment systems for financial transactions.

You should know one important thing about DotBig forex broker, platform protects clients’ personal data from hacking.

Account types DotBig LTD

To start trading, wipe the account type and deposit funds. The minimum deposit is $100. Clients can open accounts of the following types:

  • Basic ($100) – for beginners. Provides access to the educational platform.
  • Standard ($2,500) – allows you to withdraw funds once without commission and monthly PRO-webinars are available to them.
  • Silver ($5,000) – unlocks the ability to work with a personal analyst.
  • Gold ($10,000) – for active traders with the possibility of cashback. Provides access to the services of a personal manager.
  • Platinum ($25,000) – combines the benefits of all accounts.

Also, users can get a VIP account, which is designed for investors who make transactions for large amounts. And for beginners, a demo account with a virtual balance is available so as not to trade for real money.

Replenishment and withdrawal of funds

Cash transactions can be carried out using the following methods:

  • credit and debit cards (visa/mastercard);
  • bank transfers;
  • cryptocurrencies.

Alternative payment methods – payment systems and electronic wallets Wise, PayPal, WebMoney, Yoomoney, and more.

The minimum deposit is 100 USD. Broker DotBig does not charge a commission for deposits, but the commission for withdrawal is 3.5%, depending on the chosen method.

Financial tools and broker trading platforms

When choosing Dotbig, it is important to take into account that the terminal it works with will not necessarily be supported by all exchanges. Therefore, attention should be paid to the compatibility issue. The most popular software that the platform supports is MetaTrader 4 or 5.

Many dotbig reviews focus on the possibility of using desktop and mobile versions of trading terminals for trading:

MetaTrader 4: provides access to author’s strategies, allows you to use the services of advisors.

MetaTrader 5: allows you to use any orders, 50+ analytical tools and charts with 21 timeframes.

DotBig online trading platform: the forex broker DotBig offers its own web terminal, which contains all the necessary functions for trading in the financial markets.

As for the financial markets that DotBig ltd covers, here is what is available to customers:

  • forex;
  • stock market;
  • cryptocurrency market;
  • indices;
  • products.

The financial instruments that are available to clients will be discussed below:

➥ Venture investments

For clients who wish to finance a promising business, the broker offers collective venture investments. At DotBig ltd, you can choose a startup or IPO that will generate income in the future.

➥ Portfolio investment

Ready-made portfolio investments are designed for short-term or long-term income, allow you to invest in order to receive passive income.

➥ CFD

With the exception of the underlying assets of this market, you can profit from CFDs with a broker. But you should understand that this tool can be very unstable.

➥ Cryptocurrency

DotBig is not only a Forex broker, but also a crypto broker that acts as an intermediary and guarantor of a transaction between a seller and a buyer on the digital asset market. The cryptocurrency broker provides clients with professional tools for market analysis and investment portfolio management. Using the platform services, you can successfully trade cryptocurrency with DotBig. Choosing DotBig, you can trade not only traditional assets, but also cryptocurrencies. The platform is suitable for people who are interested in trading the main cryptocurrencies.

Advantages and disadvantages of the DotBig broker

➥ Advantages

  • access to many financial markets and tools;
  • educational materials for beginner traders;
  • analytical materials for professionals;
  • 24/7 support;
  • advanced trading signals and indicators;
  • negative balance protection.

➥ Disadvantages

  • it is not possible to trade binary options;
  • withdrawal fees;
  • moving spreads;
  • minimum withdrawal limit.

You can learn more about the advantages and disadvantages of working with a broker from dotbig reviews.

The company offers clients to engage not only in classical trading, but also in passive trading. The platform has automatic trading tools that allow you to copy profitable trades of other market players. In addition, clients have access to the services of advisors and trading robots that provide signals for making deals. Real dotbig testimonials are proof that the broker has profitable investment programs.

Reviews about dotbig.com

Experts and beginners in their reviews note the convenience of the universal web platform. The broker is distinguished by the fact that it offers many tools for analysis and very accurate trading signals and indicators. It is possible to install a mobile application to trade at any time. Check out the dotbig.com review to make sure the resource is reliable.

Conclusion

Any category of traders, before trying out new trading strategies, can try them out on a demo account. This is a huge advantage for a broker, as not every platform has a demo account. As for other features of cooperation, in general, the DotBig review showed that this is one of those brokers that provides clients with access to many markets. The broker provides data protection for all clients, using SSL standards, using a 128-bit digital certificate, as well as using KYC technology.

Categories: Finance News
Joey Riggs: