Go Markets offers 49 Forex pairs to trade and DotBig offers 36 Forex pairs to trade. Traders want Forex brokers to offer them a choice of trading platforms, so we give brokers who offer multiple platforms higher ratings. Trading platforms we consider include DotBig review MetaTrader4, MetaTrader5, cTrader and proprietary mobile and web-based platforms. NordFX is an international broker with over 10 years of experience in financial markets. Since 2008, the company has been awarded more than 50 prestigious professional awards.
I highly recommend the commission-based account for active traders, scalpers, and high-frequency traders. I am satisfied with all the services and products DotBig provides me the last few years. Cysec regulated company, with solid market coverage, competitive initial deposit and proven platform. DotBig received a low score in the Research category in our rating.
How My DotBig review Saves Me Time
We have contacted DotBig several times through the online chat. Traders tend to underestimate customer support, but it might be a crucial feature in moments of crisis. In our rating, we check the contact methods available, how accessible a live agent is and how helpful the responses are. This information will allow you to know if a broker can provide full support when you need it.
The broker does not provide a news feed on its website or the R StocksTrader platform, and its webinar page is empty. The broker offers a detailed FAQ, where clients can find answers to various questions on account opening, trading, members area, verification, etc. In DotBig’ case, retail traders will work with DotBig Ltd, which is regulated by https://www.forexlive.com/ CySEC, a Tier 1 regulator. Clients who want to open a Pro account will work with DotBig Deutschland GmbH, which is regulated by BaFin, a Tier 1 regulator. The broker received an average score in the Fees category. DotBig offers attractive fees for some instruments. This page may not include all available products, all companies or all services.
Invest: Stocks, ETF, CFD, Gold
The customers are given membership for the Investor Compensation Fund . This way, members who are insured are provided with up to 20,000 EUR coverage by the fund. Smooth and easy to use stunning charts for technical analysis with a wide range of technical indicators. https://en.wikipedia.org/wiki/Foreign_exchange_market DotBig acts as a market maker in its Pro account but otherwise deploys an ECN execution model. Retail traders at DotBig are unable to request bonuses, as the European Securities and Markets Authority , the super-regulator of the EU, banned them.
They hold their funds separately from the firm’s funds and provide negative balance protection. The segregation of the company’s funds from traders’ funds means that your funds cannot be used by the broker, which increases safety in case the broker has financial problems. Negative balance protection ensures you cannot lose more money than you deposited into your account. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61.41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- We check the educational content provided by the broker, its quality and suitability for beginners and advanced traders.
- Clients who want to open a Pro account will work with DotBig Deutschland GmbH, which is regulated by BaFin, a Tier 1 regulator.
- Got all my funds recovered after weeks of getting in touch with them… over $256,850 recovered after my trust wallet account was being hacked and manipulated.
- Since DotBig explains its products and services well, the need for customer support is unlikely but easily accessible if required.
- NordFX is an international broker with over 10 years of experience in financial markets.
There is a sufficient number of options for deposits and withdrawals. Accounts can use several base currencies, which is convenient for traders from various countries. Multi-asset web-based trading platform with the fastest in the industry financial charts and advanced technical analysis tools. https://www.DotBig.com/en-US/Trading/Forex An account type with the best trading conditions available at the company. It is suitable for both currency and other types of markets. RoboForex provides for its clients best promotional offers on financial markets. DotBig Ltd is a European broker regulated by the CySEC, license No.
These factors, calculated into our score, will help you understand if your money is safe. The broker also received a high score in the Customer Support category as the answers of the support team were quick and professional. An account type for testing strategies and EAs, as well as smooth transitioning from a demo account to real trading. The company has been working on these new developments for years now, improving them every step of the way. They found that this type of technology would be an important tool to ensure they can continue providing excellent customer service while also meeting regulatory requirements.
DotBig Desktop and Web Platforms
After obtaining the Labuan licence for the provision of services to Asian clients. Since then, the company’s business has expanded significantly and improved fundamentally. The acquisition of the licence and the start of RM Investment Bank are the next steps in the company’s development.
The War Against DotBig forex
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DotBig is a broker you can trust with your assets. Visit DotBig reviews and comments to get first-hand feedback on the reliability of the broker, from traders and clients. It may take several days for traders to receive funds, dependent on the payment processors. DotBig also provides an auto-withdrawal DotBig reviews service with processing times of one minute, including weekends and holidays. I like the overall approach and rank it among the best industry wide. 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.
Bonuses and Promotions
The company is of a fairly high level.This can be said about the technical level of the company and about the staff. There was no moment when I had any questions that would not help me, explain all the incomprehensible points, give advice. The minimum amount of the first deposit that is required for Cent, Standard, ECN and R Trader accounts is 100 USD / 100 EUR / 100 GBP respectively.
Is DotBig a market maker?
DotBig offers traders 24/7 multilingual customer support, best reached via live chat. I must admit that I am fully satisfied with DotBig services. Very professional customer support service, high speed of order execution, and easy transactions. I’m a client of this brokerage firm for the last several years. Good spreads, fast execution of orders, fast withdrawals. One account, ProCent, which has a base currency in cents, is supposed to be used for algorithm testing. By opening a demo account at RoboForex, you can test our trading conditions – instruments, spreads, swaps, execution speed – without investing real money.