Its array of features and wide range of tradable instruments make it a worthy consideration for Forex traders who are looking for the best platform where they can diversify their investments. Via the Demo Account, a trader can learn everything about the platform – features, offers, bonuses, risks, and every other information you need to become a better trader. The MT4 successor opens the door for traders to access over 300 global markets and trade effortlessly. Richard has many years of experience in broker research, testing, analysis and reviews.
- It is also worth noting that the parent of Dotbig is a heavyweight in the trading game with average monthly trading volumes exceeding $100 billion.
- Dotbig operates as a brand name of Vantage Global Limited which is authorised and regulated by the Vanuatu Financial Services Commission .
- But fees may be charged by the trader’s financial institution in addition to handling fees by the broker’s financial institution.
- They either don’t charge a brokerage fee for things other brokers do charge for, or they only charge a small amount.
To enjoy swap-free trading, all the traders need to do is activate the swap-free account by filling in a short form and agreeing to the terms and conditions given on the webpage. The platform will ask for additional details such as an address, nationality, date of birth, account currency, and financial https://www.forexlive.com/ details like annual income, employment status, trading experience, etc. PRO Trader also allows setting Take Profit and Stop Loss orders, including pips, percentage, dollar value, and price, so the traders are always aware of the risks involved in Forex, CFD, commodity, and stock trading.
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An FAQ section is available and aims to answer the most common questions. Customer support is a feature most traders never require, but since this broker is a somewhat new one, it may be required more frequently. Anyone who needs support should have no issues obtaining it at Dotbig. Professional indemnity insurance which covers employees, representatives, and other authorized individuals is in place. Insurance that would cover deposits in the event of financial problems at the brokerage would be preferred, as it would add a much-needed layer of security and protection. Overall, the level of transparency and regulation isenough for traders to feel safe and secure depositing their money with Dotbig.
According to this Dotbig review, Moneta forex brokers are known for offering an excellent overall experience to Dotbig clients. It offers advanced desktop trading platforms that work perfectly in the case of mobile trading. The MetaTrader 4, MetaTrader 5 platforms, and the proprietary Dotbig Webtrader platform ensure that the traders are always aware of the current market developments. Dotbig also offers retail investor accounts for experienced traders, EAs, and Scalpers.
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Excellent range of research tools and educational materials, providing investment objectives. Transparent access and streamlined funding and onboarding processes. Dotbig platform is highly transparent and does not charge any additional fees for online trading.
Additionally, Dotbig withdrawals are free except for bank transfers, as the service providers may charge specific service fees. All deposits and withdrawals at Dotbig are commission-free. The Dotbig mobile app features offer a suite of technical oscillators and indicators that traders can customize through Android, iPhone, iPad, or any other mobile devices on the go at any time.