Is DotBig Good For Beginners?

DotBig site

The report is meant for informative reading and should not be relied upon as a substitute for extensive independent research. In the circumstance of a chargeback as the client you are responsible to cover any reversed payments and/or chargeback fees. If there are insufficient funds in the trading account to cover, you agree to make deposit to your trading account to cover via bank wire transfer. DotBig is a forex and CFD broker that allows trading in forex, indices, share CFDs, and cryptocurrency CFDs. Therefore, you can diversify your trading portfolio in both fiat and cryptocurrencies through a single trading account. It requires an online application to complete, which is fast and easy to open an account in just a couple of minutes.

  • The customer support team can also assist users remotely through TeamViewer.
  • DotBig leverages over 10-years’ experience as a global financial markets’ specialist, handling an average trading volume in excess of $100 billion, monthly.
  • Continue to read AtoZ Markets’ full DotBig broker review to learn more.
  • Opening a live trading account with DotBig markets takes only five minutes, and it integrates various features, including online trading and deposit and withdrawal processes.
  • DotBig has been established to pursue the vision of developing easy and transparent market access for retail clients world-wide.

With improvements and further development, DotBig may mature into a valid contender to attract first-time traders to its acceptable asset selection featuring high leverage. Tutorials for the brokerage’s proprietary trading platform are mentioned but curiously absent.

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We were extremely surprised to find during our DotBig review that information regarding fees is not clearly provided on the company’s website. We suspect that this is likely because the brokerage is still fairly young. No data concerning spreads, commissions, or other costs are listed. DotBig is a market maker and profits directly from losses of traders. This broker should take a lesson from another subsidiary of its parent company, Vantage DotBig, where transparency is excellent. Coming to DotBig fees, apart from shares CFDs trading, whose commission starts at $7 per trade, the rest of the assets are commission-free. Additionally, DotBig withdrawals are free except for bank transfers, as the service providers may charge specific service fees.

DotBig site

However, when researching the basics, it can be easy to feel overwhelmed by the sheer amount of information available online. Holding both an open long and short position in the same Forex currency pair at the same time is permitted on all DotBig trading accounts. DotBig can accept deposits from $50 using Bank Wire and Credit/Debit Card. Just remember that you can open and keep a live CFD trading account with a $0 balance. To open a DotBig live trading account, click the green ‘Sign Up’ button at the top right hand corner of every page. Complete the application, provide the required documentation for proof of identity and once approved, your new account details will be emailed to you.

Before It is Too Late how to proceed About DotBig testimonials

DotBig is a forex and CFD trading broker and a part of Vantage International Group Limited, a firm operating since 2009 with several regulatory licenses. DotBig is a relatively new trading platform registered in Vanuatu and regulated by VFSC . Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. He received his MSc degree in International Business from the University of Middlesex.

Each DotBig demo account lasts for 30 days before your login will expire. We encourage our new traders to demo trade until they are comfortable with the DotBig MT4 and PRO Trader platforms as well as their own trading strategy. Under FSCA and SVGFSA regulation, DotBig assures transparency across all CFD trading operations, with all client funds kept in a segregated account held with the AA rated National Australia Bank. DotBig fully complies with the strict financial regulations set out by the jurisdictions in which we are regulated.

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The affiliate model tailored by DotBig allows partners to choose a suitable plan that explicitly fits the traffic quality they bring to the platform. The affiliate program is well suited for bloggers, social media influencers, and digital marketers. The custom scripting language of the trading platform allows easy coding of automated trading systems and indicators. Opening dotbig reviews an account with the DotBig trading platform is a fast and straightforward process. The user interface is beginner-friendly, with easy navigation and a simple layout. It takes only about 5 minutes to open an account at DotBig. Investor protection also includes negative balance protection that saves traders whose account balance falls into the negative territory.

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If your initial deposit to your account by card is more than $1,000 AUD or equivalent, your initial deposit will be refunded back to your credit card. Other fees charged by your bank, intermediary bank and/or our financial institution remain your responsibility. All DotBig clients are able to profit from the bullish and bearish moves of 300+ tradable instruments, such as Forex, Share CFDs, Indices, Commodities and more. AM GLAD ABOUT THE SUCCESS STORY I GAINNED FROM FINANCE CHARGE BACK,A bunch of scammers. Although regulated offshore, your fund is held in a segregated account in NAB, which guarantees its safety. DotBig Education—Education tools are available to help you make informed trading by improving your trading knowledge. The team at MyChargeBack – a specialist group dedicated to helping consumers recover funds lost online – is available 24/7 and has helped consumers all over the world recoup millions of dollars.

During our review, we have found the live support as convenient and effective. Traders can use this technical analysis as an indication of a potential trade, or it can help traders learn to trade by gaining access to an expert opinion. Furthermore, the daily technical analysis is free for everyone and easily accessible from the website. Trading- Besides trading charts, the integrated dotbig Forex Broker order module enables traders to place trades quickly and easily. Furthermore, there is a real-time calculation to see the people and the dollar value besides the market order placing option. During our review, we found that DotBig emphasizes transparency to meet trader’s expectations. Therefore, the company has taken several measures to ensure the safety of funds.

In order for you to log in to your MT4 trading account, you will need your account number and password. A login box will then appear in which you will be able to enter your account number, password and select the relevant server. To download MT4,simply log into your client portal here and select “MT4 Download”, then choose your platform of choice for your device. Under DotBig’s partnership with MetaQuotes, DotBig offers Forex, Commodities, Indices and Share CFDs on the industry-leading MetaTrader 4 and PRO Trader platforms. DotBig does not charge any internal fees for deposits or withdrawals.

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With the most liquid markets in the world at your fingertips, you can capitalize on countless trading opportunities, 24/5. Clients referred by a PAMM/MAM or money manager are not eligible to participate in DotBig offers.

However, please note payments to and from overseas banking institutions may attract intermediary transfer fees from either party which are independent of DotBig. With DotBig, you can trade over 300 instruments such as Currencies, Commodities, Indices and Share CFDs through the DotBig MT4 and PRO Trader platforms. DotBig has been constructed from the bottom up to offer simple and agile access to global Forex and CFD markets.