The lockdown has forced many people to look for sources of extra income. Many of them found online trading quite a profitable niche. Is it possible to make good money from trading with DotBig Ltd? Let’s find this out.
Foundation and legitimacy
DotBig Ltd was started almost 20 years ago, and since then the company has never been messed up in serious scandals. The organization is officially registered as a limited liability company at St Vincent and the Grenadines. The broker lacks a regulation from an international jurisdiction, but it guarantees funds safety by applying segregated accounts.
E-mail – [email protected]
Telephone number for US and Canada residents: +18003142855
Telephone number for the UK and European residents: +448000465523
Telephone number for Israel residents: +972809399855
Telephone number for Indonesia residents: +658004922255
What Can you Trade on DotBig Forex Broker
According to DotBig testimonials, you don’t need high investments to start successful trading on Forex with DotBig. You may start with a minimum deposit of $100. The broker offers tight spreads. For instance, the typical spread for EUR/USD pair is 1.14 pips. You can trade forex via two trading terminals – DotBig Web and MetaTrader5. Plus, you can use recommendations of special trading programs. According to reviews of dtobig.com, they create signals, which are accurate in 90% of cases.
Stock trading on DotBig forex broker comes with extremely diversified conditions. For example, the spread for Yelp shares starts from 0.67 pips, while spreads for Tesla shares might reach 14 pips. With DotBig, traders can trade on major stock exchanges and CFDs provide them with the possibility to speculate assets without actually owning them. You don’t pay commissions for the possibility to access stock exchanges via the DotBig company.
You can manage the sizes of your positions by using small contract sizes. This prevents you from high capital losses. Plus, you don’t pay commissions because they are included in spreads. Spreads on indices are floating – they might start as low as 0.25 pips and reach the mark of 200 pips.
Commodity CFD trading comes with tight spreads for major positions such as USOil, NGAS, and Copper. Thanks to CFDs, you don’t need to establish ownership of the underlying assets to have the possibility to participate in trades.
The range of crypto assets to trade includes:
You can store all digital assets on the special DotBig card. This is a universal payment means, by which you can make deposits and withdrawals in both currencies and cryptocurrencies.
Creating a portfolio of investments is might be used for making both long-term and short-term incomes. DotBig testimonials say that the company’s experts will help you compile a professional portfolio with the best set of securities that will correspond to your trading needs.
You can join the DotBig company to invest your funds in some young and promising projects and companies. The majority of the offered options are prospective IT startups and social networks.
Deposits and Withdrawals
The majority of users who write DotBig testimonials say they prefer using electronic payment systems because they can execute financial operations in the shortest terms. The list of available electronic payment services includes:
Other payment means are bank transfers, credit cards, or crypto wallets. Traders who pay a minimum deposit have to pay a 3.5% commission for each withdrawal. Plus, the amount to be withdrawn cannot be lower than $50.
- The ability to join venture investments;
- tight spreads for forex trading;
- advanced analysis tools and regular updates of the educational section;
- 24/7 support;
- accurate trading signals;
- good reputation and positive testimonials of DotBig clients;
- commission-free Index Stock CFD trading;
- stop-loss protection.
- some popular payment services are absent;
- no binary options to trade;
- limited functionality of MetaTrader5 for users from some countries;
- no regulation from an international jurisdiction.
To conclude, DotBig is a good broker offering you advanced tools and tight spreads for forex trading. It has supportive and responsive managers who are ready to answer clients’ urgent questions 24/7. Finally, the broker applies segregated accounts. This measure is used to secure clients’ funds and make them unavailable for the broker’s operational needs. In general, DotBig is a good platform to open a personal account on.