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DotBig Forex Broker Review

DotBig reviews

In aition to being regulated by CySEC, DotBig is a member of the FCA, the concerned authority in the UK. In order for firms to become and stay classed as a registered members of the FCA firms must comply with some of the strictest regulations in the world. These requirements can be seen as buffer funds and they must be substantial. This is regulated by the concerned authority in Cyprus, the Cyprus Securities and Exchange Commission . Therefore, some regulations are needed, and this is provided by the top-tier regulators such as FCA and CySec. DotBig is a well established forex and CFD broker that has undergone some serious global growth over the past few years. Shane first starting working with The Tokenist in September of 2018 — and has happily stuck around ever since.

The firm’s accounts are Shariah-compliant and no interest will be charged on overnight positions. To help support traders currently impacted by COVID-19 across the world, DotBig is reducing DotBig reviews spreads to enable higher profits. DotBig clients can also monitor manster traders activity in real-time, compare strategies with other traders and sign up quickly and easily.

DotBig testimonials Can Be Fun For Anyone

Our customer support is available 24/7 and we handle all the queries on an orderly basis. Live chat operating 24/5 or an email (email support works 24/7, by the way), and ending with trading conditions such as spreads which are considered one of the highest on the market. It won’t hurt to mention that they were recently lowered up to 14 points for specific pairs. It’s a known fact that leverage is a virtual credit provided by the broker to the client. Regarding the spreads, we monitor them to try and offer the most competitive ones to our users without any aitional fees. An organized and well-equipped technical support is the measure of quality care for the customers. Any company cannot serve in the respective industry without giving serious attention to customer care.

  • DotBig has competitive spreads in some instruments such as EUR/USD and impressive research written by in-house analysts.
  • According to the company website, over 10 million trading accounts have been opened with DotBig across more than 150 countries.
  • The live trading accounts of DotBig suffer overnight changes in the spread.
  • Aitionally, DotBig has served customers from over 100 countries for over a decade.

DotBig offers a commission-free and competitively priced environment to traders. EUR/USD exchange rate averages 0.7 pips and starts with 0.6 pips. Comparable to commission-based brokers that provide raw spreads of 0 pips for a charge of $6. DotBig has been recognized as one of the most reasonably-priced brokers and lives up to its promise to assist Forex traders in earning more.

With forex brokers reducing leverage and the industry getting more regulated, trading your… CTrader provides a convenient and feature rich environment for more flexible trading. It is also highly customisable and can be adjusted to cater to suit the needs of different traders. Other benefits include Level II quotes, server trailing stop, 26 timeframes, cloud service, advanced chart trading and a FIX API for trading with direct market access. CTrader is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). I would say this is the platform of choice for the professional trader.

DotBig Trading App

To reward their clients’ loyalty, DotBig provides lavish bonuses and promotional programmes. While you are still learning how trade, you won’t lose large amounts of money. There are no limits on how many trades can be made simultaneously. I’m not too sure you can have multiple accounts unless you’re trying to cheat. Great amount of currencies, exotic either, usually brokers will allow you to have your account either in EUR, USD or GBP.

DotBig reviews

However, we would like to remind you that each broker has a selected pool of liquidity providers, and the quotes do not always match tick by tick. That’s why you may see such differences between some candles and charts in general of particular brokers. I am trying to withdraw my funds since last wednesday but they are not giving it. Last tuesday I got an email from kyc department that my account is unverified and I have to provide selfie with cnic and account statement to verify my account and to perform transaction. I provided them the rewuire documents and goy mail that my account is verified.

As discussed earlier, there are issues related to their regulation and registration. And apart from that, their parent company isn’t responsible for any financial transactations. It is strange that a different company, which belongs to the Republic of Ireland. There is no link between this company and the region DotBig review of Saint Vincent and the Grenadines. DotBig Global Technologies LP is responsible for processing the payments of the trading accounts of DotBig. A screenshot of the details of the payment processing is below. The European Securities and Markets Authority imposed a ban on the promotional bonus by this firm.

Consumer Reviews About DotBig Com

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. We tested the spreads at DotBig across different asset classes using a standard account and the MetaTrader 4 platform. The test was done at 8 AM GMT and 4 PM GMT on June 30th, 2022. We made our tests at two different times to allow greater perspective.

Supports High Skilled Traders

Make deposits and withdrawals using the most popular payment options. View your detailed overall or account operation history, apply convenient filters to it and cancel your previous deposit. Activate bonuses and view statistics on active and completed bonuses. DotBig Forex Broker ensures reliable Forex trading conditions to provide traders of all skill levels with an opportunity to earn more.

DotBig offers MetaTrader 4 and MetaTrader 5 for desktop, which includes advanced functions such as copy trading and automated trading. Listings that appear on this page and/or on this website are of products / companies / services from which this website may receive compensation.

DotBig Metatrader 5 brings to the table an enhanced level of automated trading indicator products and significant trading chart patterns. The exclusive mt5 pro account gives investors the lucrative offers of 45 trading devices with a deposit of $500 and compliance with enhanced margin requirements. Are you looking for one that will help you to increase your trading knowledge? Or are you hoping to find a broker with more to offer than just an online trading service? Today’s modern trader seems to be looking for a little more, and many are turning to ways of making online trading more competitive. Rather than just competing against the markets, traders are enjoying competing against each other in the range of contests that are now available. We’ve found one particular broker with plenty to offer those of you looking for a more competitive edge.

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