Since the date of its foundation in 2003, the DotBig company has managed to acquire a good reputation as a provider of trading services. Its headquarter is now located at St. Vincent and Grenadines. Although it provides its services to many countries, including Canada, India, Nigeria, Pakistan, Qatar, South Africa, the broker is known as one of the best options for traders and investors from Europe.
What we like and what we dislike
There are a lot of DotBig testimonials on the Internet. These are useful sources of information if you want to learn something about the broker firsthand. Here is what we can drive from our study and DotBig testimonials of real traders.
- a wide selection of markets;
- advanced automated advisors;
- KYC policy;
- a huge range of trading assets;
- responsive customer support services;
- professional consultations from personal managers.
- the DotBig forex broker isn’t regulated by a trusted forex jurisdiction yet;
- limits on withdrawals;
- poor selection of payment services.
A lot of testimonials about DotBig are devoted to the accessibility of various markets.
Open a personal account and make a minimum deposit of $100 to start trading on foreign exchanges. DotBig ltd offers you a low floating spread varying from 1 to 2 pips and the 1:400 leverage on currency pairs. The total number of currency pairs available for online trading is 71.
You can trade over 200 assets on stock markets. The range includes shares of some of the most popular international companies, such as Tesla and Facebook. The minimum trading size is 1/10 of a share.
As said by many users in their reviews about dotbig.com, trading Indices CFDs is quite profitable on DotBig because you can manage the size of a position with the help of small contracts. Plus, this market represents various leverages on different assets. Finally, the commissions for transactions are very low because they are included in spreads.
With DotBig ltd you can take part in commission-free trading commodities CFDs. With CFDs, you don’t need to have ownership over commodities assets to make new deals.
Crypto trading. There are only 5 crypto assets to trade. Even though crypto markets are available, DotBig company isn’t oriented toward crypto traders.
- basic – $100;
- standard – $2,500
- silver – $10000
- platinum – $25,000.
Unfortunately, new traders cannot use the benefits of cent accounts because they are not available here. However, you can easily open a demo account. This option is useful both for beginners and professionals. Beginners can learn something and gain real trading experience. Professionals, on the other hand, can sample new strategies without running a risk of losing funds.
For Forex trading, you can use DotBig Web. It is a special web terminal developed by the broker itself. It has a number of useful tools but doesn’t have news updates. You can also install a mobile version, which is available for both iOS and Android devices.
You can also trade on MetaTrader 5 from MetaQuotes. Plus, DotBig has a platform for social and automated trading. As for the last option, it has top-notch robots that create almost 100% accurate trading signals to help you make profitable deals.
The DotBig forex broker offers a unique service – every client can get a special card from the broker where any type of assets might be stored, including digital money. You will be able to use it for making withdrawals and paying for services online.
Promotions and fees
If you use promo codes provided by some of the broker’s partners, you can get discounts on certain services. If you have an account on DotBig you need to be an active trader because the broker charge fees for inactivity. This is mentioned in the client agreement.
Deposits and withdrawals
Users who write DotBig testimonials don’t like the number of offered payment services and the 3.5% commission. Despite that, they admit that all the financial operations they made are executed pretty fast. They also like the minimum deposit starting as low as $100.
If trading is a completely new field for you, we recommend you try working on DotBig. The broker can teach you all the basic peculiarities of forex trading. You will be provided with constant support and professional recommendations about your investments portfolio. If you manage to analyze the markets well, you will benefit from trading conditions and easily increase your balance.
If you still have some questions, contact the official representatives of the broker through E-mail at firstname.lastname@example.org or telephone. Numbers are available on the official website.