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DotBig Review: Benefits of Collaborating with a Broker

DotBig Ltd is an international brokerage company with a huge range of investment opportunities. Investors seek the services of a broker due to favorable online trading conditions. On the platform, you can trade securities, cryptocurrencies and other types of assets. Clients can trade on Forex, work with stocks, commodities, make portfolio and venture investments.

DotBig has a fairly user-friendly website with an intuitive interface, with support for several languages. Any beginner will easily understand the basic functionality of the site. It is worth noting that for new clients who are just starting their trading journey, there are tutorials here, and you can also use the services of a personal consultant. Experienced traders can get a VIP account to get access to a huge list of trading benefits. A detailed review of DotBig LTD will help you get acquainted with the functionality of the site, its pros and cons, and understand whether it is worth cooperating with this broker.

Personal account overview

The site has a simple and convenient trading toolkit. At the top of the screen is the entrance to your personal account. During authorization, indicators of the status of the client’s account appear, buttons for replenishing the balance, a chat with the support service, language selection, and more. Also, when logging into a personal account, charts of quotes for selected assets appear before users.

Financial instruments

Traders have access to a wide range of trading instruments, namely: cryptocurrencies, the stock market, indices, ETFs and CFDs. The platform also provides a wide selection of pairs of both fiat government currencies and cryptocurrencies. A single account is used for all transactions.

DotBig offers an advantageous leverage – 1:400. It should be noted that this indicator varies depending on the selected asset. For example, when trading stocks and cryptocurrencies, the standard leverage will be 1:10. For currency pairs, the leverage will be 1:100 or 1:400, depending on the selected trades. Dotbig reviews confirm the information that the broker offers favorable conditions for making any transactions. Learn more about leverage below.

Leverage

A credit of 1:400 means that the user can trade with an amount 400 times more than he has on his balance. If the trades are successful, then the trader’s income will grow in proportion to the leverage, however, the same pattern applies to losses.

Services for online trading

DotBig offers clients automated trading services that allow them to take advantage of social trading opportunities. This allows you to learn from the experience of other users and copy their trades. Also, users can use the mobile application for Android and iOS devices for trading. The ability to use trading tools on smartphones allows you to work on the financial market anywhere and anytime.

Deposit and withdrawal of funds

To participate in transactions and invest funds, you must replenish your account with at least $100. This applies to basic accounts, in the case of accounts of a higher rank, the minimum deposit will be higher. The following methods are supported for replenishment:

Cards (Visa, Mastercard, Maestro);

  • bank transfers;
  • electronic wallets (WebMoney, YooMoney, Qiwi, Skrill, etc);
  • payment systems (Transferwise, PayPal)
  • cryptocurrencies (BTC, ETH, LTC).

You do not pay a commission when replenishing account.

As for the withdrawal of funds from the balance, you can use the same methods, but in some cases a commission of up to 3.5% is charged.

Trading conditions

The minimum deposit is 100 USD. A relatively small entry threshold, with good leverage – 1:400. These conditions allow you to open transactions for any assets within the limits of risk management, increase volumes in trend trading and invest in cryptocurrencies.

The spread level depends on the account type and can be as low as 1.3 pips. Minor extensions are possible on a fundamental rise in volatility.

Trading platforms – MT4 and MT5 with the functionality of copying traders’ signals, free access to the application of graphical tools, Depth of Market and a full-featured tester of algorithmic systems.

There are affiliate and bonus programs – a nice addition to active trading. The policy of using bonuses and statistics on referrals are in the Personal Account.

Broker pros/cons

Broker DotBig has a number of advantages, including:

  • support for various financial instruments (Forex, cryptocurrencies, stocks);
  • a large selection of accounts;
  • demo account support;
  • large leverage for some types of transactions;
  • simple and convenient trading interface;
  • availability of educational materials;
  • online trading in the application;
  • quality support service.

Separately, it is worth paying attention to the security guarantees that customers receive. The company protects its customers’ data using KYC technology and SSL encryption standards with support for a 128-bit digital certificate.

The dotbig review showed that the broker has no significant shortcomings. The platform is easy to use, has wide functionality, and the level of customer service is high. The disadvantages of the DotBig broker include only technical failures, which are very rare, but do happen.

Reviews about the broker on other resources

Reviews about Dotbig are mostly positive and can be found on many online platforms and forums. Dotbig is popular among both experts and beginners. Each client receives favorable conditions, can count on data protection, which should be given special attention.

Conclusion

As we learned from dotbig.com reviews, clients are satisfied with the cooperation with the broker, primarily due to the simplified registration process, ending with a wide variety of account types. However, they also note that sometimes the check can take too long due to problems that appear for no reason.

Before starting cooperation with a brokerage company, study the reviews on the Internet. But here is what we managed to find out about the DotBig broker:

  1. Schedule. The broker works around the clock, there are no problems with access to operations.
  2. Possibility of opening short positions. Due to the fact that the broker allows you to trade cryptocurrencies, which are very volatile, the platform has such a function.
  3. Commissions. When replenishing, no, but when withdrawing funds, it may be charged.

DotBig can be recommended for cooperation and not worry about its reliability. The broker proved to be a good side and is popular among beginners and experienced traders.

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