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Expert review of DotBig.com – all about forex broker

Gerard Palmer by Gerard Palmer
August 17, 2022
in Community
0 0
DotBig Forex Broker Review

DotBig is an international broker that has been operating since 2003. The company describes itself as a universal platform for active and passive trading. The broker provides services for social and automated trading.

It should be noted that Forex broker DotBig offers clients flexible conditions for Forex trading. Thus, clients can trade with any level of initial capital. The platform offers a fairly well-thought-out trading training system from scratch. The site has in-depth programs that allow you to improve your investment skills. And for novice investors, the services of a personal analyst are available.

The company quite often updates the analytical section with reviews of popular assets and news. Clients have the opportunity to follow current Forex market events not only on the website but also on DotBig LTD social networks. Read the DotBig reviews to make a decision about cooperation with a broker.

Personal account overview

DotBig ltd provides access to its tools exclusively to those customers who have been registered. In order to register on the site, you just need to fill out the form and pass verification.

Passing the check involves providing a photo or scan of documents, a passport or driver’s license is suitable for identification.

In order to confirm the actual address, it is necessary to provide a copy of the utility bill or a bank statement, with a limitation period of not more than 6 months.

After the client goes through the registration procedure, he will receive a login and password to enter the Personal Account. Account information can be changed. But a prerequisite for all clients is the indication of the real name, which is indicated in a personal document. After verification, changing the address of residence, phone number, email, and other personal data in the account is possible only through the technical support manager. Also, to delete an active trading account, you will also have to contact the support service.

Leverage

To increase potential profits, DotBig Forex broker clients can use leverage. This indicator at the broker is 1:400. Such financial leverage is considered optimal for working in volatile financial markets.

Financial instruments

One significant advantage for DotBig users is the wide variety of assets. The company’s clients have access to opportunities to invest in stocks, Forex, CFDs, ETFs, commodities, and indices. DotBig is a modern broker that not only offers standard assets but also offers access to cryptocurrency trading.

Services for online trading

DotBig company has a well-developed social trading platform that allows clients to replicate profitable trades from other successful investors. Active market players have every chance of getting into the rating in the automatic trading service. In this case, they will receive a separate fee when their trades are copied by other traders.

Depositing funds

To register on the DotBig broker website, there is no need to immediately replenish your account. Each trader can test the trading platform in demo mode and use virtual money for bets. Once you test the site, you can fund your account to trade on real financial markets.

To deposit and withdraw funds, you can use the following financial instruments:

  • credit/debit card: Visa, MasterCard, Maestro;
  • bank transfer;
  • payment systems: Transferwise, PayPal, Qiwi, Webmoney, YooMoney;
  • cryptocurrencies.

DotBig does not charge commission for deposits. Funds are credited instantly, especially if you use a card or electronic wallet to replenish. When using bank transfers to replenish your account, you will have to wait for credit from 1 hour to three days. Dotbig testimonials mention this as a platform disadvantage.

Withdrawals

You can use the same methods for the Withdrawal of funds. But you should immediately pay attention to the fact that DotBig ltd broker charges a commission for withdrawing money from the account. The size of the commission depends on the type of withdrawal, on average, the commission ranges from 0 to 3.5%.

The withdrawal period is usually up to 4 days. When using a bank transfer, the commission will be 35 euros. In the case of withdrawal of funds through a bank, the money is credited to the account within 10 business days.

Advantages/disadvantages of a broker

  1. Negative balance protection.
  2. Possibility of passive trading on a copy trading platform.
  3. 24/7 technical support service.
  4. Multilingual support.
  5. Ability to use individual trading strategies and advisors.

Dotbig testimonials and other resources

DotBig company has mostly positive reviews. Users note the extensive functionality of the site, which is good news. But the best part is the number of assets to invest, which are countless.

Conclusions

dotbig.com review conditions showed that this broker is quite versatile and offers favorable conditions for trading various kinds of assets. The company’s clients have access to favorable trading conditions, which they can choose in accordance with their strategy, trading volume and the amount of initial investment. Managers accompany novice market players at all stages of cooperation, from registration to the beginning of trading.

Tags: DotBigDotBig Forex Broker Review
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Gerard Palmer

Gerard Palmer

I'm a content writer, author and blogger with years of experience in writing, researching and editing content. I've written for various websites on topics that include business, technology, education and more. I also enjoy blogging about my thoughts on life as well as the latest happenings around the world. Currently living in the US, but I enjoy exploring new places while traveling solo or sometimes with my partner. Books are one of my favorite things to do while on holiday because it gives me an excuse not to talk!

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