DotBig Ltd is a company that was founded in 2003 and since then the broker is based in Saint Vincent and the Grenadines. The broker guarantees safe trading by introducing KYC technologies. However, users constantly have questions about whether it is profitable to trade with this broker. Is it safe? The answers to the most pressing questions can be found in this DotBig Ltd Review.
To access the site’s functionality, you must register on dotbig.com. You can log in through the open contact form, specifying your current contacts and full name. After that, DotBig managers will contact the registered user to provide further verification instructions and login details for the personal account.
After registration in DotBig company, each trader undergoes a verification procedure to confirm their identity with a copy of their passport or driver’s license. When going through verification with DotBig, consider a few things:
- In case of deposit replenishment through a bank card, it must be verified.
- Scans/photos of the documents can be uploaded to the trader’s personal account.
- As a rule, verification is carried out once. However, the broker may in some cases request a re-verification of identity.
The DotBig Forex broker verifies the authenticity of identity documents and the actual address of traders to prevent fraud. Once registered, the username cannot be changed, while traders can only indicate their real name. You can sign up for other account types – silver, gold, brilliant.
Contents
Assets
DotBig provides access to popular Forex trading assets, crypto, commodity, and stock markets:
- digital currencies;
- metals;
- products of the energy sector;
- shares;
- currency pairs;
- indexes;
- CFDs
- ETFs.
To trade on the exchange, you can use the MetaTrader 5 trading platform with a full range of functions for comfortable trading. This platform features modern software and various technical indicators. The company also offers customers to use of its own DotBig web terminal. In addition to desktop versions, investors have access to a mobile trading application in any convenient place.
Online trading services
The broker offers a variety of trading platform options to ensure comfortable and successful trading. The online broker also offers reporting tools that will allow you to effectively analyze the results of the transaction. There is a mobile app that will enable you to trade from anywhere in the world.
It is possible to work with different assets, such as Forex currencies, cryptocurrencies, commodities, CFDs, and ETFs. Trading signals and the economic calendar will help increase the percentage of profitable transactions.
Deposit/withdrawal of funds
dotbig.com review praises commission-free deposits and criticizes the 3.5% withdrawal fee. If you use bank transfers to withdraw funds, you will have to pay even more – 35 euros. Also, the maximum amount you can withdraw is capped at $50.
Pros:
Withdrawal / crediting of funds can be carried out through cards: Visa, Mastercard, Visa Electron, as well as through the services: Qiwi, Yoomoney, Webmoney, PayPal, and Transfer wise, which is very convenient for most of the broker’s clients.
The minimum deposit amount is $100. If you use a demo account, you do not need to transfer real money to your account. Withdrawals are allowed only to the card number you specified when registering your account.
Cons:
Withdrawals can take several days.
Advantages/disadvantages of a broker
The best way to determine the benefits of a broker is to look at DotBig reviews posted by real clients on some of the most popular platforms like Indeed, Trustpilot, Sitejabber, and more. We did it, and here are some of the most important features of the DotBig Forex Broker:
- multiple assets;
- modern instruments for professional analysis;
- fast check;
- narrow spreads
- operational support;
- comfortable trading platform;
- no deposit fees
- user-friendly interface of a personal account.
Naturally, there are no companies that have only positive characteristics. DotBig LTD also has a number of negative aspects, among which the following are most often mentioned:
- withdrawals come with a fee;
- spreads can unexpectedly widen due to their floating nature;
- high initial deposit;
- limited choice of trading platforms.
For users accept paypal, Yoomoney, Webmoney, Transfer wise bitcoin withdraw, and other ways to deposit.
Reviews on other resources
After studying the Dotbig testimonials, most users pay attention to the positive experience of cooperation with the broker. On the positive side, users note a stable withdrawal of funds, the smooth operation of trading platforms, and a variety of available assets. Negative comments are related to high commission, lack of binary options, and temporary loss of connection with the server due to unstable Internet connection.
Dotbig testimonials also note that DotBig protects traders’ investments from fraud through a complex multi-level verification. Some users of the trading platform note that registration may be difficult due to the quality of copies of documents. DotBig experts recommend checking photos or scans for creases, overexposed areas, and other defects before sending them.
Conclusions
DotBig is a completely legitimate company that guarantees the privacy and security of its customers. DotBig strives to meet the highest standards in the trading industry’s anti-fraud policy. Traders’ funds cannot be withdrawn without their approval. Dotbig testimonials are primarily positive, which confirms the reliability of the broker.