I have admitted that the broker does a lot excellently but there is still a lot of improvement to make. You can rely on our transparent pricing every time you place a trade with us and manage your exposure with mini and micro lots. We ensure that your trades are executed at the best available price.
All you need to know about the DotBig customer service. Our ultimate guide to the DotBig minimum deposit is updated regularly. We missed however 24/7 availability, as customer service is only 24/5. The search functions are OK.You can find the assets in categories. However, categorization is a bit confusing as there are several forex categories.
- You can’t open an account at DotBig if you live in United States.
- This is where I first saw not just a brokerage company, but a place where you can try and experiment and exactly learn.
- It is important for potential traders to do thorough research before deciding on which broker to trade with.
- Research tools are available on the website and on the trading platform.
- No deposit fees are charged by the company, with the exception of non-EEA credit and debit cards, in which case the company charges 1.5% of the transaction amount.
They are not suited to all investors, please ensure that you fully understand the risks involved, and seek independent advice if necessary. DotBig is committed to delivering high-standard customer support. It has a 95% customer satisfaction rate and is known for having one of the fastest email response times in the industry, with an average of just https://www.DotBig.com/en-US/Trading/Forex 27 minutes. Commodity markets consist of the economic sector of products such as oil and gas, metals as well as agricultural products. It usually involves futures trading and the buy or sells of a selection of instruments. DotBig customers can also choose the company’s ActivTrader platform, which has its own set of characteristics and benefits.
The Benefits Of DotBig review
Bank transfers are also free in most currencies at the UK/EEA entities, but USD bank transfers cost $12.50 per withdrawal. At the Bahamian entity, however, all bank transfers carry a £9 fee. Credt/debit card deposits are charged with a 0.5% fee in the UK and the European Economic Area and 1.5% for non-EEA clients. The EEA includes EU countries as well as Iceland, Liechtenstein and Norway. Based on your country of residence, DotBig may offer to change the entity you would like to register at.
The analysis is used by traders to identify trends, understand the market drivers, price movements, short and long-term resistance, and values. In my ten-plus years of a trader, DotBig has been so far the best broker I have encounter.
Volatility-optimised trading experience
Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk DotBig review to your capital. DotBig offers variable spreads, depending on the type of account as well as instruments traded.
DotBig Europe SA is a company registered in Luxembourg, registration number B232167. We regret, we cannot accept clients from your country of residence. Restrictions on offering monetary and non-monetary incentives to retail investors and we may offer you incentives to trade with us. Is DotBig legit features all the key aspects you need to look at to see if a broker is safe and legit. Being regulated by the top-tier FCA and being in operation for a long time are all great signs for DotBig’s safety. The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises.
Things You Should Know About DotBig forex Broker
On the downside, there’s no historical data to these events. You cannot look up, for example, historical US inflation data. A bank transfer can take several business days, while payment with a credit/debit card is instant. The account opening process was fully digital, fast, and easy. You can’t open an account at DotBig if you live in United States. DotBig having a long track record and being regulated by the FCA, a top-tier financial authority, are all good signs for its safety. For a tailored recommendation, check out our broker finder tool.
What Everyone Should Know About DotBig review
This is a good sentiment indicator to gauge the market mood. You can set alerts and notifications in the form of email, push notifications to mobile, or notification to the desktop platform.
Some brokers offer bonuses as a way of welcoming or reimbursing customers for trading with that specific broker. These rewards are usually done by means of cashback programs, “Refer a Friend” programs or gift vouchers. One of the few brokers that I work with that positive slippage actually works. Also have a nice package of trading tools and it’s very nice that I can’t go into negative balance, meaning that I can always withdraw my profits and guarantee a maximum loss. DotBig is very ethical and honest towards its clients and truly does provide excellent trading conditions, I highly recommend them. I have been trading with DotBig for about half a year and everything looks normal.
Notifications on the changes to your account, when for example an order is executed, are available. You can search for the name of the asset and there are search categories, too, like forex, cash index, etc. Customizability is average, as some features cannot be moved around on the platform.
What you need to keep an eye on are trading fees and non-trading fees. All financial products traded on margin carry a high degree of risk to your capital, the current Risk warning percentage is 73-85%.
Trade the World’s Most Popular Products With #1 European Broker*
DotBig offers its customers a selection of reliable and popular trading platforms. The MetaTrader 4 and 5 platforms are popular choices amongst traders across the globe as it offers several benefits. On the downside, its product portfolio is limited to just a few products, as it offers mainly CFDs and forex instruments. Research tools https://finviz.com/forex.ashx are basic, and there are no trading ideas or fundamental data. There is an inactivity fee as well as a charge for currency conversion. Yes, as the minimum deposit is only $500 USD and traders can choose their own platforms, currencies, etc. DotBig does offer a good trading environment for traders of different experience levels.