Online trading is one of the best ways to earn good money online. However, you should gain some skills and experience to succeed. Besides, it’s necessary to find a reliable broker that will provide you with all guarantees that your funds will be safe. Here is what we found out about the DotBig company.
DotBig ltd is an international brokerage organization that provides its clients with access to Forex via its original trading terminal. The DotBig company is a limited liability organization registered with an address at Suite 305, Griffith Corporate Center, Kingstown, St Vincent, and the Grenadines, under the number 26350 BC 2021. To learn more, proceed to the official website of the broker dotbig.com. Also, you can request more information when getting in touch with the managers through the following contacts:
The broker monitors the actions of its client by using the AML and KYC technologies. According to the official position of the company, these methods guarantee that only real traders will access the trading platforms and services of the DotBig forex broker.
How to sign up
The procedure of creating a personal account is the stage where you should study the client agreement of the broker. Do not provide your ID information and do not deposit money until you don’t agree with some crucial statements of the client agreement. According to DotBig testimonials, the Client Agreement is transparent and understandable. The procedure of creating a personal account doesn’t differ from other brokers, as well:
- Sign up on the website of DotBig ltd. At the first stage, you will need to enter your name and contact information so that the broker could provide you with further instructions.
- Verify the identity. In order to complete the verification process, a trader should provide copies of ID documents that tell about his or her age and place of residence.
- Make the first deposit. To make your trading account active, you should deposit a minimum amount. The amount depends on the type of accounts you choose.
Types of account
The DotBig forex broker provides access to the following account types:
- To start trading a client is required to make a $100 deposit. This type of account has a free training program for beginners and all the basic functionality to trade on Forex.
- The minimum deposit here is $2,500. Users of the Standard account can make one withdrawal that won’t be charged with fees once a month. Plus, they get access to monthly PRO webinars.
- The Silver account is a favorable option for those who make investments. You can open it after making a $10,000 deposit. Owners of the Silver account are provided with an individual trading strategy and professional recommendations to compile a portfolio. They also get a cashback.
- Those who deposit $25,000 and open the Platinum account can make commission-free withdrawals three times a month. Plus, they get the return of swaps up to 10%.
- A demo account doesn’t require any deposits. As people say in their reviews about dotbig.com, this account type is for beginners who want to understand how Forex trading actually works.
Many DotBig testimonials say the broker has quite attractive trading conditions both for those who prefer classic and automated trading. First of all, traders get access to many markets and trading instruments including 71 currency pairs, 200+ CFDs, ETFs, indices, 5 cryptocurrencies, commodities, and 232 shares of some of the best international companies including Tesla, Uber, and Facebook.
Spread – 1-2 pips
Leverage – 1:400
Trading platforms and tools
DotBig Web is a web terminal developed by DotBig ltd that has a few types of charts, timeframes, and over 50 indicators for technical analysis. You don’t need to download this platform, just open it in your favourite browser.
The app for trading might be installed on any device with either iOS or Android operational system. The mobile app displays over 150 instruments for technical analysis and has free signals.
The broker also offers beginners to try its social trading platform. Professional traders can also benefit from this. If they display their deals, they will get profits based on the commissions received from those traders who use their strategies.
In their DotBig testimonials, clients complain that the broker charges a commission for inactive traders and doesn’t allow free withdrawals for users of the Basic account. The broker also has limits of the minimum withdrawal. Both deposits and withdrawals might be executed via the following services:
- Credit/debit cards;
- Bank transfers;
Pros and Cons
- nice selection of financial instruments;
- cool educational and training materials for beginners;
- professional tools for technical analysis;
- 24/7 support;
- negative balance protection.
- frequent delays of withdrawals;
- оffshore registration.
DotBig ltd is a respectable broker with a nice reputation. The majority of testimonials of DotBig traders are positive. Traders like trading conditions, the diversity of instruments and tools. Although there are some serious issues, DotBig has a nice image and continues to increase its clients base.