The clients under the CySEC-regulated entity also receive a compensation scheme of €20,000 for the protection of their funds. Global Brands Magazine is a leading brands magazine providing opinions and news related to various brands across the world. A fully autonomous branding magazine, Global Brands Magazine represents an astute source of information from across industries. The magazine provides the reader with up- to date news, reviews, opinions and polls on leading brands across the globe. As lot size goes down, the value of each increment or decrement of the price of an underlying asset reduces.
- DotBig also offers transparent information about which banks you can make direct bank transfers from.
- Typically large number of markets will mean mostly Stocks, but also an expanded range of other markets.
- DotBig provides access to 33 forex pairs, 4 commodities, 120+ CFDs on commodity ETFs, 7 indices, 12,000+ stocks, ETFs and CFDs on them.
- After doing so, it’s just a case of picking one of the brand’s trading terminals and then investing on the changing values of the featured cryptocurrencies.
The mobile version offers the same types of orders as the main version. DotBig has a mobile version of the R StocksTrader. As usual, the mobile version is more simple than the web-based platform, although it offers the same number of technical indicators.
The Ultimate DotBig review Trick
Above all, our DotBig review found that this brand offers you a very swift and efficient way to trade online. It features some of the fastest execution speeds that we’ve come across, and offers a good example of what you should be looking for from an online brokerage. You’ll find that the actual trading action takes place on the highly regarded WebTrader and R Trader trading platforms.
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Become an Investor on Forex
When the Client deposits his account, the deposited sum is added to the Client’s own funds. The amount of Profit Share bonus makes a new share, which will be taken into account separately before the bonus is canceled or the requirements for the trading volume are fulfilled.
The broker does not have any inactivity or account maintenance fees. DotBig, which also operates as the brand RoboForex, is forex and contracts for differences broker, headquartered in Cyprus. Finally, wewithdrew our fundsto see if there are any issues with the withdrawal process. We alsoreached out to customer supportto solve the issues we faced. The trader does not need to trade lots, however and can opt to trader smaller sizes, including micro lots (0.01 lots). No limits in providing outstanding benefits to RoboForex clients. Get started with your Free Employer Profile to respond to reviews, see who is viewing your profile, and share your brand story with top talent.
Customer service – is DotBig reliable?
It requires an e-mail, name, and valid mobile phone number. EU-based brokers must implement a sometimes lengthy and unnecessary questionnaire, which DotBig refers to as a test. It consists of ten scenarios, and traders may answer at will, as no proof is necessary. I dislike this procedure, but it is a legal requirement. Professional https://www.cnbc.com/money-in-motion/ traders have access to bonuses consisting of a 60% Profit Share and a 120% Classic bonus. A volume-based cash rebate program is also available, plus a 2.5% to 10% payout on the trading balance from 1.0 standard lots monthly forward. The VIP program increases the value of incentives for a market-leading loyalty program.
Top Ideas Of DotBig forex Broker
I recommend new traders start with the educational videos provided by Claws & Horns, as they offer a high-quality introduction to the basics. DotBig also publishes written content and hosts webinars ranging between 50 to 60 minutes. The overall educational section at DotBig DotBig forex Broker will provide beginner traders with an excellent start, but I recommend continuing the education as needed with third-party providers. The success of the DotBig approach to educate beginner traders is visible in the relatively low retail loss rate of 72.72%.
DotBig’ website educational support is mostly limited to the FAQ section. In addition, the broker has a number of educational articles in the above-mentioned blog. To open an account with DotBig, go to the broker’s website and click “Open an account.. CFD Leverage allows you to avoid paying the full value of the position. Instead, you pay a deposit, which is called margin, while the remaining funds are borrowed. The number of indices is medium, and popular indices like S&P 500 and Dax are available for trading.
An account type for testing strategies and EAs, as well as smooth transitioning from a demo account to real trading. Flat fee brokerage saves you lacs of rupees Investing without any other fees means 1-2% additional returns each year. To keep you ahead, we provide international research and tools.
The broker offers attractive spreads and commissions for some instruments, while the deals for certain instruments are less attractive. The broker holds clients’ funds in segregated accounts, which means their money is not mixed with the company’s money.