Review of Forex broker DotBig Ltd: advantages and disadvantages of a broker, features of deposit/withdrawal of funds
Kathleen Ahmmed, Co-founder of USCarJunker mentioned that Dotbig review will allow you to understand what the company is and what conditions it offers to customers. Dotbig review will allow you to understand what the company is and what conditions it offers to customers. DotBig is an international broker, founded in 2003, which is a one-stop platform for active and passive trading. Forex Broker DotBig provides services for social and automated trading. wizardslots.com/all-games
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Table of Contents
General information
Flexible conditions of DotBig Ltd allow you to trade Forex with any level of initial capital. The training system includes courses for studying trading from 0 and in-depth programs to improve your investing skills.
Personal account overview
DotBig ltd provides access to trading platforms to registered clients only. Authorization on the broker’s website is carried out in several stages:
1. Filling out the registration form.
2. Passing verification.
Visit website dotbig.com to create an account.
User provides photos or scans of documents (passport / driver’s license) when passing verification.
New DotBig client will receive a username and password to enter his personal account after registration. A trader can independently change this data in his personal Taxbite accountancy.
Leverage
Dotbig review has information about leverage. DotBig clients can use leverage to increase their profit potential. The broker has a ratio of 1: 400. This kind of financial leverage is considered optimal for working in volatile financial markets.
Account types
Investors have access to several types of accounts for online trading. Favorable conditions are available to each client. The following types of accounts are available to users:
- Basic ($ 100) with a low minimum deposit, there is a tutorial. Suitable for beginners.
- Standard ($ 2,500) with free withdrawals and access to PRO webinars once a month.
- Silver ($ 5,000) with capital mobility PRO.
- Gold ($ 10,000) – for active investors with large amounts of transactions.
- Platinum ($ 25,000) – with the return of swaps up to 10% and free withdrawal of funds 3 times a month.
Also, traders have access to a VIP account with special conditions for large investors: with low spreads, exclusive trading strategies, ready-made diversified portfolios of popular assets.
Financial instruments
One of the benefits of DotBig is the wide variety of assets. The company’s clients can invest in stocks, Forex, CFDs, ETFs, commodities, indices. DotBig markets itself as a modern broker, therefore it opens up access to cryptocurrency trading.
Services for online trading
Traders can conduct trades through desktop and mobile versions of popular terminals. Several platforms are available to clients of the forex broker DotBig:
- MetaTrader 4.
- MetaTrader 5.
- DotBig trading platform.
Deposit of funds
To deposit funds, you can use:
- credit / debit cards: Visa, MasterCard, Maestro;
- bank transfer;
- payment systems: Transferwise, PayPal, Qiwi, Webmoney, YooMoney;
- cryptocurrencies.
There is no commission when replenishing a deposit, and money is credited to the account instantly. For bank transfers, funds are credited to your account within 1 hour and up to 3 days.
Withdraw funds
Withdrawal of funds is possible using the same methods that are used to replenish the deposit. DotBig company charges a commission for withdrawing money from an account. The amount of the commission depends on the type of account and the transfer method. Size of commission is from 0 to 3.5% when you withdraw a card.
Transactions usually take up to 4 days. For bank transfers, the commission will be β¬35.
Advantages of the forex broker DotBig
- Negative balance protection.
- Passive trading on a copy-trading platform.
- 24/7 technical support.
- Multi-language support.
- The ability to use individual trading strategies and advisors.
Disadvantages of a broker
Users in their reviews noted only 2 disadvantages of the forex broker, namely:
- High fees.
- Long withdrawal of funds.
In general, the testimonials showed that the broker is universal for trading various assets.
