What Does Dotbig Broker Offer: An Expert Review?

By
September 26, 2022

DotBig is an international broker that has been operating since 2003. The broker offers a universal platform for active and passive trading. Also, the company’s clients can use the services of social and automatic trading. Fairly high flexibility of cooperation conditions allows trading on markets with any level of starting capital. If you are interested in cooperation with DotBig, first study the reviews about the broker.

Based on the reviews DotBig LTD, we can draw conclusions about the company. In general, this platform is a huge success due to the fact that it gives beginners access to a well-thought-out training system. Beginning traders can get free trading training. The courses will provide training in the basics of investing. In general, the platform presents an in-depth program that aims to improve investment skills. Also, beginners in the field of trading can also use the services of a personal analyst.

In addition, the company has a fairly good analytical section, which is regularly updated with reviews of popular assets and current investment news. In this way, clients can keep track of current events that take place in the market. Also, social networks often publish up-to-date information.

Personal account overview

DotBig ltd allows only registered clients to use all the functions of the trading platform. Registration can be done in several stages:

  1. Fill out the registration form. Before starting registration, you must leave your contacts on the main page of the site and wait for a response from the manager with further instructions.
  2. Data verification. At this stage, it is necessary to provide a photo or scan of documents confirming the identity of the client. Also attached is a copy of the utility bill and a bank statement for the last 6 months to confirm the residential address.
  3. After registration, a new DotBig client receives an automatically generated login and password to enter the personal account, which can be changed in the personal account.

It is worth noting that new customers must indicate their real data during registration, which coincides with those indicated in the documents. After verification, you can change the address of your residence, phone number, email, and other personal data in your account only through support. To delete an active trading account, you need to contact support. Dotbig contacts can be found on the website in the relevant section.

Financial instruments

DotBig company offers a wide variety of assets, namely stocks, CFDs, ETFs, commodities, and indices. DotBig positions itself as a modern broker, therefore it provides access to cryptocurrency trading.

Leverage

To increase potential profits, Forex broker DotBig provides clients with large leverage of 1:400. Such financial leverage is considered optimal for working in volatile financial markets.

Online trading services

Desktop and mobile versions of popular terminals are available for trading, namely: MetaTrader 4, MetaTrader 5. In addition, traders have access to the company’s own web terminal – DotBig WEB. Although the choice of services is small, it is enough for successful trading.

Special attention deserves the presence of a social trading platform that allows DotBig traders to copy the profitable trades of other successful investors. Active market players can get into the rating in the service for automatic trading. In this case, they will receive a separate commission when their trades are copied by other traders.

Deposits and withdrawals

After registration, it is not necessary to replenish the account immediately. Before moving on to trading, you can try to work with a demo account by placing bets with virtual money. After testing the DotBig website on a demo account, you will be able to make a deposit to trade on real financial markets.

To replenish, you can use the following methods:

  • cards of payment systems Visa, MasterCard, Maestro;
  • bank transfer;
  • payment systems and wallets: Transferwise, PayPal, Qiwi, Webmoney, YooMoney;
  • cryptocurrencies.

It is worth noting that when replenishing an account, no commission is charged from clients, and crediting occurs instantly. But when using a bank transfer, funds can be credited longer – from 1 hour to 3 days. Dotbig reviews cite this as an advantage of the platform.

You can use the same methods to withdraw funds. Broker DotBig ltd takes a commission for withdrawing money from the account. Its size depends on the type of account and the selected transfer method. When withdrawing funds to a card, the commission will be from 0 to 3.5%. The withdrawal takes up to 4 days, depending on the chosen method.

Broker pros/cons

Real dotbig reviews made it possible to get acquainted with all the advantages and disadvantages of cooperation with a broker. This is what became fundamental when deciding to start cooperation with the company. Having studied several sites with reviews, it turned out to highlight the following advantages:

  1. Negative balance protection.
  2. Possibility of passive trading on the copy trading platform.
  3. 24/7 technical support.
  4. Multilingual support.
  5. Ability to use individual trading strategies and advisors.

The company has not so many disadvantages, but the most significant of them is the commission for withdrawing funds – up to 3%% and a long withdrawal period. But these parameters depend on the chosen method.

Reviews about Dotbig on other resources

Most of the reviews about DotBig on the web are positive. This only says that the broker is reliable and offers quite favorable conditions for cooperation. In addition, users pay special attention to the wide functionality, which also cannot but rejoices. But the most pleasant thing for traders and investors is an impressive amount of assets, including promising cryptocurrencies.

Conclusion

A review dotbig.com conditions showed that the broker can be considered universal for trading various assets. The company’s clients can choose the appropriate trading conditions, taking into account their strategy, trading volume, and the amount of the initial investment. Managers accompany novice market players at all stages of cooperation, from registration to the start of trading.