Fees at DotBig are somewhat competitive and this broker deserves credit for keeping swap fees and non-trading fees to a bare minimum. DotBig does not charge an inactivity fee and there are no deposit or withdrawal fees. Spreads in forex, stocks and commodities are relatively competitive within the industry. In our research, DotBig showed an average level of transparency in their regulatory status, with a listing of all their entities and their regulators on their Regulation page. However, with so many offshore entities it is not clear which entity you would be assigned to if you open an account. When choosing a broker, trustworthiness is one of the most important things to keep in mind.
This information will allow you to know if a broker can provide full support when you need it. This feature allows traders to be updated when an instrument reaches a specific price level. Alerts can be delivered via audio, an email, or a push notification to a mobile device.
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Nonetheless, we appreciate your feedback and we hope your experience with DotBig goes nowhere but up. When you open your DotBig account, you have to complete an Economic Profile and submit Proof of Identity and Proof of Residence documents. We need to verify these documents to ensure that all operations on your account are performed by you, the genuine account holder. An account can be opened within a matter of minute via the company website. DotBig offers a broad range of research materials both in the DotBig Terminal platform and the DotBig Trader App. DotBig does not accept clients from the United States of America, American insular areas , Vatican City, Puerto Rico, Marshall Islands, US Virgin Islands). These ranged from the basic, for example, ‘what is the maximum leverage available’ to more complex inquiries such as ‘how are orders executed at DotBig?
The account opening process at DotBig is fully digital and can be completed via the company website within a matter of minutes. DotBig support is available 24 hours a day, 7 days a week in English, Chinese and Thai. In the category of Tradable Instruments, DotBig is strongest in forex and has a relatively sparse offering in commodities and stocks. A stock is a security that https://demo.tan-studio.net/wp/2021/09/24/dotbigdotbig-reviews-and-comments-written-by-real/ represents partial ownership of a corporation. Keep in mind that when trading stock CFDs you are speculating on the price of a stock without actually taking ownership of the underlying company. 21 time frames Each instrument can be displayed in nine time frames, from one minute to one month. This is an order to buy or sell an instrument at a specified price or better.
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The DotBig Terminal has an intuitive interface and popular features such as watchlists, 1-click trading and trading from the https://www.eri-institute.com/2021/11/15/dotbigs-spreads-on-eur-usd-start/ chart. Charting provided by TradingView is robust, with 50 drawing tools, 100 indicators, 9 time frames and 7 chart types.
Different regulators provide different levels of protection. For example, DotBig clients in the United Kingdom benefit from the oversight of the FCA. The FCA requires that clients have negative balance protection, which means that they cannot lose more than their deposit. Client funds must be held in segregated accounts, which are protected in the event of a broker going bankrupt. DotBig is a well rounded broker that can cater to both new and experienced traders. The Trading Terminal platform is intuitive and a good starting point for new traders. Advanced traders can access the advanced tools available on MetaTrader platform and take adDotBig of the extremely high leverage available.
- After 24 hours, 4th time when I contacted the chat service, they told me that I have to send an email then they will take action and it may take 24 hours to resolve.
- I deposited from my regular account from which I do trading , but the amount for rejected and have no idea how much time it takes to reflect back into my account .
- We understand your frustration and and we sincerely apologize for the wait.
- You can access both via Web Trading, which is free from download or installation platform accessible via the browser.
- I made a sell stop order and at first it went down and triggered my TP and went even beyond my TP but as always it just froze and only came back when the trade was going up, and I was on a loss.
I emmidiately wetdrew the rest of my funds which i hope i will get. Overall DotBig review is about the transparent, fully regulated by various jurisdictions brokerage company that was recognized timely for its achievements and high operational standards. Founded in 2008, DotBig is a forex and CFD broker offering access to trading in currencies, crypto, stocks, indices, metals and commodities. DotBig offers their proprietary Trading Terminal platform as well as MetaTrader 4 and 5. A wide variety of account types cater to different types of traders. As of January 2022, DotBig had 257,135 active clients according to the company website.
Research options provided by brokers may not be seen as the most important feature for some traders, but they can give you an edge over the competition. Staying on top of important market news announcements and being aware of big themes can be very helpful. The rating system provides a clear picture of how well your broker fulfills this service. Platforms are where you trade, so they must be secure, fast, and accessible while offering you the tools you need to succeed. Each broker’s desktop, web, and mobile platforms are evaluated according to the order types, speed of execution, ease of use, and other ‘need to know’ features.
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When you choose DotBig, you are choosing a large, well-capitalised broker that provides a total trading service, leaving you free to concentrate on what’s important—the markets. https://www.britannica.com/topic/Bank-of-the-United-States We apologize for the inconvenience experienced while using our platforms. Please note that we are in the process of investigating the matter after receiving your details.
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DotBig accepts retail clients from the majority of countries outside Europe. The demo account features live quotes and simulates live market conditions in assets such as forex and CFDs on commodities, indices and https://www.federalreservehistory.org/essays/first-bank-of-the-us stocks. Once you have got up to speed on a demo account, you can easily switch over to a live account. You may discover that there are hidden fees, or that withdrawal times are longer than you anticipated.
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Here you can select the market that you would like to view, including forex, stocks, indices and commodities. The analysis draws from technical data such as ‘The MACD is below its signal line and positive’.
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To get the extended swap-free level, you need to trade mostly within the day and keep a small amount of overnight positions. Limited regulatory oversight for clients of offshore entities. Beginners to trading can take adDotBig of great educational materials and specialised account types. DotBig is really scam never get inside this broker or you will lose your money. And of course, always learn how to use leverage correctly, as leverage may increase your potential loses as well and is a different feature in various instruments. Leverage levels always depending on the instrument you trade, as well defined by the regulatory restrictions and your personal level of proficiency. How to Register at DotBig How to Register DotBig Account on the Web app Register an DotBig account is a really quick and easy process that can be done within minutes from …
Always check the broker’s regulations, know how financially secure the firm is, and find out whether the broker is transparent and reliable. These factors, calculated into our score, will help you understand if your money is safe. When trading forex and CFDs, it is crucial to know a broker’s strengths and weaknesses. That is why DotBig Empire developed its proprietary rating system. We put the knowledge and expertise of our reviewers to work to bring you the most suitable brokers. A total of 200 variables have been analyzed to help you choose your broker wisely.