The app is a bit slow though, but okay for long-term (esp.

DotBig review

This company is deceptive and I strongly advise that you do not open an account with them. I’ve been using the German version of since 2017 without any problems. The app is a bit slow though, but okay for long-term (esp. krypto) trading. Don´t blame the broker, blame your lack of effective trading strategies.

DotBig’s supporting materials thus do not delve deep enough into the intricacies of trading. DotBig’s blog contains a handful of educational articles that explain some basic trading concepts. However, this is nowhere near enough to serve as a solid basis for beginners wanting to understand the essence of trading. There are no educational videos and only 4 webinars, the last one dating from December 2020. For those reasons, we found DotBig’s educational content unsuitable for beginners. There are no supporting videos, and the educational course more closely resembles a glossary.

  • One is their own proprietary DotBig platform, which can be accessed as a web-based platform or on a mobile device.
  • Both Android and iOS applications are updated on a regular basis for security and to improve the user experience.
  • Retail clients, also known as personal investors, buy or sell assets for a personal account.
  • This is achieved without having to purchase actual bars of gold.
  • DotBig can offer its products within the EEA area and in Switzerland.

The mobile features include an in-app live chat feature for 24/7 customer support. Clients can also opt-in to receive DotBig testimonials daily news and market update notifications. DotBig follows CySEC regulations but caters to clients in EEA .

Security Issues With DotBig review

While doing this review, we came across various unknown facts that go in favor of this broker and tagging this platform as a legit one. There is no scope for doubts that can go against DotBig being a genuine broker that serves its clients with all the facilities that they expect from an online broker like this. The registration is easy; the trading is made easy by the demo account feature of the platform. On the day of online trading, DotBig offers a total of 20 instruments for trade, which serve the purpose of the traders most efficiently. Very few other online DotBig brokers can offer such a wide range of instruments to their clients. Traders who choose DotBig as their broker have definitely a lot of choices.

DotBig review

The broker also allows you trade CFDs on ETFs.The brand features more than 250 tradable assets. The most popular assets on the DotBig trading platform include CFDs on a DAX, Dow Jones, WTI Crude Oil, Brent Crude Oil, CAC 40, and Light Sweet Crude Oil. (Applies to clients with a total account balance less than 5000 euros – 4500 GBP, 5300 CHF, PLN – respectively. Being a regulated trading platform, users can rest assured that their money is in safe hands.

Buying DotBig testimonials

On the DotBig website/app, switching between demo and real mode is simple, which allows users to take aotBig of quickly shifting market situations. Research options provided by brokers may not be seen as the most important feature for some traders, but they can give you an edge over the competition.

DotBig review

To qualify for professional accounts, clients must provide proof of considerable trading activity within the past 12 months. Professional financial experts, depending on their level of experience, will also be considered for professional accounts. Educating yourself on how to trade the financial markets can make the difference between success and failure. We check the educational content provided by the broker, its quality and suitability for beginners and advanced traders. Available from the client portal, the analyses represent a brief outlook of the current trading setups on a given instrument. They briefly explain the underlying driving factors of price action, thereby contextualising its behaviour against the broader market sentiment. The most important support and resistance levels are highlighted, though the absence of a supporting chart makes it more difficult to appreciate the trading setup.

Things You Will nothing Like About DotBig reviews And Things You’ll

Newly registered accounts usually take 3 business days to process. The brokerage firm does not accept clients from and does not operate in any of the following countries, including the United States, Japan, Brazil, and the EU. When you click on the trading education page you can learn the basics of online investing with a 3-hour trading course created by the award-winning investment academy at DotBig. When you open a DotBig account and deposit a minimum of €100 you could receive a welcome bonus of up to $10,000.

Commission Charges

By clicking the ‘My Accounts’ button that can be found in the settings menu at the top-right corner, you can choose what type of an account to open . Step 1 – To register an account with the entity, click the ‘Sign Up’ button that is found at the top-right corner of the main page.

MT4 and MT5 are compatible with both iOS and Apple devices and you can download the trading software to your desktop. DotBig, unlike other online brokers, claims to not provide various account types, and instead just a “real” account and a “demo” account. Technical analysis, as well as recommendations and trading signals, are all accessible for free to help mobile traders. The app provides immediate access to news stories from the most popular financial news sources. The option to convert from demo mode to a genuine account with a single tap onscreen is a unique feature of the DotBig app. Since it’s easy to fund the app, mobile users will always have an aotBig when it comes to on-the-go trading. It has several account types that cater to retail and professional traders’ needs.

Besides the charting techniques, the DotBig trading platform also shows you a range of useful statistics. These include the proportion of traders who are buying or selling your chosen asset, which can be helpful information when it comes to making your own trading decisions. At Cryptoholics, we were pleased to find when writing this that the platform offers both an iOS and Android app. This mobile optimisation makes it much easier to trade on the go. DotBig offers trading on both individual cryptocurrencies and cryptocurrency pairs.

Apart from these, DotBig also provides an in-house trading platform, through the widely popular MetaTrader4. We recommend this broker due to is excellent in giving various choices to its traders, reasonable trading fees, great support to its clients.

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