DotBig Forex Broker

| December 2, 2021 | 0 Comments

DotBig broker

The broker provides access to trading options on US exchanges. The broker’s commission depends on the volume of trading – the higher the number of the contracts, the lower the commission. So getting to the trading software, we discover 4 platforms that are offered by DotBig, including market-leading MetaTrader4 and metaTrader5, CQG and ROX. While MT4 and MT5 might be known to any trader, as they are the most used platforms in the industry especially loved for its great functionality and customer-friendly design.

DotBig broker

Also, this platform operates over 35 years and gained its truly reputable standing within the financial industry. Higher account types may require bigger amounts of funds, especially for those traders that are professionals and will be trading through tailored solutions. DotBig would be a good choice for investors who place a lot of trades every month and want low commissions for these transactions. Many brokers don’t offer trading in futures, so the brokerage firm would also be ideal for traders who are interested in commodities or cryptocurrencies.

The Death of DotBig testimonials

I am impressed how by how they incorporate a high-speed trading infrastructure with ultra-modern 100G network covering Europe, America, Asia and Russia. This allows them to maximise order dotbig Forex Broker execution speeds, from 0.05 seconds. They offer direct access to the markets with competitive commissions, reliable execution and maximum liquidity from their liquidity providers .

  • A vast number of products, services, accounts, and trading platforms are available at DotBig, a regulated online broker.
  • For better security, two-factor authentication is available.
  • DotBig is best for the self-directed short term trader for whom $4.99 commissions from a big-five broker is too expensive.
  • DotBig offers direct access to several dozen international stock markets.
  • In addition to the standard BTC, ETH, XRP and other coins, we’d also like to point to JT2X Dividend Token.

You can reach DotBig customer support 24/7 via email or by phone or live chat on each page of the website. Partnership program is another way to receive additional bonus from working with DotBig. If your friend opens an account with the broker upon your referral, the broker will give you a $6 bonus. And if your friend funds the account, you will get an additional bonus of $29. In fact, your bonus can be even higher, if your friend funds the account for a large amount. Voice support in Chinese, Polish, Spanish operates regularly, during working hours on weekdays, taking into account the region’s time zone.

Commission Prices Equity

One of the best things about DotBig in our opinion is the very big selection of trading instruments it offers. And unlike many other brokers, this includes not only CFDs and forex pairs, but also actual futures contracts, options, and stocks that can be traded directly from the relevant exchange. DotBig have a variety of 20+ convenient methods for depositing and withdrawing funds from your trading account. This includes bank wire, credit/debit card and online payment systems such as Neteller and Skrill.

DotBig broker

Therefore, Forex Standard account will be a good option for beginners or regular size traders with all costs included into the spread. Forex ECN will utilize ECN execution with quality speeds, while MT5 Global features an individual approach with better trading conditions for high-volume traders. Traders who would rather use a desktop program should check out DotBig Pro. The brokerage house promises “high speed with reliable operations.” Presumably, this one should deliver executions and data faster than its browser-based cousins. Historical data can be obtained from the platform, and multiple order types are available. Pricing on options is also divided between the two schedules.

Reasons I Hate DotBig review

The final figures specified in the table include the spread and all commissions and fees charged by DotBig and Swissquote. Secondly, the ROX platform is a trading platform aimed mostly at stock and options trading in the US, Canada, Mexico, and several European countries. The ROX platform is available for a minimum deposit of USD 3,000, and all trades made here are for the actual securities , and thus comes with a commission on all trades. DotBig is a full-service financial brokerage company based out of Cyprus, well known as one of the most popular EU jurisdictions for forex brokers. As always in Cyprus, the broker is regulated by the Cyprus Securities and Exchange Commission , which in turn is overseen by the European Securities and Markets Authority . DotBig withdrawal and Funding of trading account is free of charge including withdrawal.

DotBig review Through the duration of History

With that being said, DotBig’s research offerings are very weak compared to the rest of the industry. The company is working in the correct direction for development.

This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. With the collaboration, DotBig are able to deliver thousands of trading instruments through Your Bourse, including spot crypto and crypto CFDs which can be traded 24/7. Investment and speculative dotbig reviews traders can access CQG using a variety of high-end terminals available in several different configurations. CQG Spreader, CQG Trader, CQG Integrated Client, CQG Trader, and CQG Desktop are all included in one package. A small number of educational materials can be found in the Blog section on the broker’s website.

A Guide To DotBig review

In addition to the staple features like candlestick charting, watch lists, and an option chain, the platform also features level 2 and time & sales. aim to provide unbiased broker reviews to give traders a clear understanding of the different brokers available to them. Traders can use our free service but should do their own due diligence and make their own decisions.

As the name implies, it has fewer features and would be good for someone who primarily trades from charts. One is a per-trade schedule where equity transactions cost $2.50. You need an account balance of at least $2,500 to qualify for this rate. The commission increases to $4 if your balance falls below this level. In this DotBig review, we determine that they offer good value in the way of software offerings, good commission prices, and offerings that just about match the rest of the industry. This morning I receive a call from DotBig telling me that my funds have been withdrawn by THEIR bank. Not my bank, but the DotBig Bank has taken back my funds.

MetaTrader is available for free on the desktop (Windows/Mac), online, and mobile (iPhone/iPad/Android/Tablet). The only thing DotBig can offer in terms of education are video tutorials on MT4 and MT5 platforms. To receive them, you must be a broker’s customer and you must send a request to customer support. These tutorials are not mentioned anywhere, and we learned about their existence during our communication with a manager of customer support. There are restrictions for some methods of withdrawal (for example, debit/credit cards). In particular, the customer can withdraw funds only to the same card that was used to fund the account. DotBig offers different methods of deposit, depending on the customer’s account type.

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