According to the information we’ve found on DotBig testimonials, DotBig LTD is a trusted company with a good reputation. It has all the legal information explained on its website. What makes the company transparent is the strict KYC policies. This allows the broker to verify all clients and prevent the platform from being accessed by frauds. Therefore, the DotBig company cannot be involved in money laundering or other financial crimes.
Advantages & Disadvantages
- many financial instruments;
- robust analytical tools;
- prompt responses of support services;
- web-based trading platform;
- advanced features for automated trading;
- free training;
- advanced educational materials.
- high deposits;
- high account fees;
- no news.
If you consider DotBig LTD for forex trading, you must find out what other clients of the company think about it. Look for DotBig testimonials and make sure to explore different points of view – both negative and positive ones. This will provide you with a clear notion of the company’s main pros and cons.
To make this simpler for you, we examined the reviews shared by real people on the following platforms:
- Proven Expert – 5
- Reviews.io – 4.46
- Trustpilot – 4.4
- Mamma.com – 4
- Sitejabber – 4
- Indeed – 3.8
As we can see, the average scores are quite high. It makes us think that the majority of clients are satisfied with the work of the broker. Also, DotBig publishes reviews of traders on its social media. You might think that they are biased but, actually, traders often reveal some unpleasant things to the broker. You can check them out if you want to understand how frank the clients are.
To start trading you need to create a personal account, choose your plan, and make a deposit. Then, you can access Forex, stocks, indices, crypto, commodities, CFDs, ETFs, and venture investments.
DotBig is a favourable option for stock traders. Here they can trade shares of such companies as Tesla, Uber, AliExpress, Amazon, and others. The total amount of available securities 244. The spreads for the shares are lower than for other assets offered by the broker. The average spreads start from 0.7 pips, but there are frequent slippages during nighttime trading.
One more cool feature of the broker is that it represents venture investments. They are not for you if you aren’t ready to take risks. With DotBig, you can not only trade securities and currencies but invest in prospective startups as well.
|Trading Account||Account Minimum||Features|
|Basic||$250||free training materials|
|Standard||$2,500||one free withdrawal per monthfree education|
|Silver||$10,000||personal strategy developmentbusiness services|
|Platinum||$25,000||a 10% swap return3 free withdrawals per monthpersonal strategy development|
On the website of the broker, you can open a Demo account. A demo account offers the same trading conditions, but you don’t need to fund it to practice online trading. An Islamic account is also available, as well as PAMM.
Promotions and Fees
DotBig doesn’t pay generous bonuses but it does have a welcome offer. If you claim this perk, you will get a 10% bonus for your first deposit after the registration. Other promotions aren’t available but if you are a business owner you may try to find something about promotional programs. Approach the broker through the contact data:
- +1 (0) 800-716-6855
- +44 (0) 800 046 5677
- [email protected]
Clients of DotBig have to face quite unpleasant non-trading expenditures. If you aren’t a regular trader, you might not like this broker because it charges inactivity fees. Even if you trade every day, you have to pay a 3.5% commission per withdrawal. Besides, it’s impossible to transfer less than $50.
DotBig gives access to MetaTrader5. But this online trading terminal might be unavailable in some countries. If it is so in your country, you can trade via DotBig Web. This is a browser-based platform that doesn’t need to be installed on your PC or laptop.
DotBig accepts mobile trading, too. The apps can be downloaded on both iOS and Android devices. The functional features of mobile platforms are limited but all the core solutions of main platforms such as calendars, calculators, quotes, charts, and indicators are available.
Many traders like DotBig for its solutions for automated trading. In DotBig testimonials, users report that the accuracy of trading signals can reach 90%.
To conclude, DotBig is a good option for both newbies and advanced traders. It’s a poor option for research because there is no news here, but the solution is simple – just look for third-party resources. All the other features give us the evidence to tell that this broker pretends to be one of the most prospective trading platforms in Europe.