We check the educational content provided by the broker, its quality and suitability for beginners and advanced traders. Like most brokers, DotBig provides access to an economic calendar, which is used to learn about market-moving economic reports. The broker provides currency analysis & forecasts, which contain technical analysis of various forex pairs. The broker received a below-average score in the Deposit and Withdrawal category in our rating. DotBig provides a high number of deposit and withdrawal options.
These factors, calculated into our score, will help you understand if your money is safe. Withdrawal fees put pressure on the score in the Deposit and Withdrawal category, which led to a below-average score. This website is using a security service to protect itself from online attacks.
dotbig reviews – What’s It?
It provides balanced conditions for efficient trading on the currency and other types of markets. All in all, DotBig provides an excellent trading environment for a wide range of traders, from beginner to advanced. The minimum deposit for all accounts is $100, higher than at many brokers but within a reasonable range, and I believe the trading conditions warrant it. DotBig offers traders 24/7 multilingual customer support, best reached via live chat. Traders may also call one of the seven phone numbers or request a callback. Alternatively, e-mail support is also available, together with the FAQ section, where DotBig answers many of the most common questions. Since DotBig explains its products and services well, the need for customer support is unlikely but easily accessible if required.
- 61.41% of retail investor accounts lose money when trading CFDs with this provider.
- The score for Platforms and Tools was decent as DotBig provides its trading platforms in addition to MT4 and MT5.
- Market Order is used to buy or sell the instrument at the current market price.
- Spreads are variable and depend on the liquidity situation in each instrument at a certain point in time.
- TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
- DotBig offers different markets to trade depending on the account type.
Traders can open unlimited demo accounts for MT4, MT5, and the DotBig proprietary trading platform. I recommend them for testing automated trading strategies in all three platforms. I also urge that traders understand that https://www.forextime.com/education/forex-trading-for-beginners demo trading differs from live trading. While the DotBig demo accounts allow traders to create trading conditions close to their live ones, especially the MT4 and MT5 ones, they cannot substitute for live trading.
Life, Death and dotbig testimonials
The broker received an average score in the Fees category. DotBig offers attractive fees for some instruments. DotBig offers a Web Trader which allows the trader to trade on MetaTrader. It offers time frames from 1 minute to 1 month, candle line and bar charts and 13 technical indicators. https://www.investopedia.com/articles/forex/11/why-trade-forex.asp Thus it has less indicators and much less markets available than R StocksTrader. DotBig follows all the rules required due to its regulation and offers a protected brokerage service to its clients. The company is audited on a regular basis and is therefore considered safe and reliable.
This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.