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It tries to protect traders against the fraudulent activities of the brokers which aim to exhort money from traders. The money of traders is illegally used in criminal activities going on in the region. My DotBig review advises traders to avoid dealing with brokers which are from these regions. You can’t put trust in the registration or the regulation of these brokers as the regulatory authorities aren’t reliable. It is the indicator of the location, registration, and regulation status of the broker. A false address or a broker operating from a virtual address is not reliable at all.
- This will help Tradersunion.com to continue to provide our services to you for free.
- DotBig has been providing forex trading services to forex users with a wide range of products and services since 2017.
- Believing in the power of knowledge, DotBig offers many things to educate its clients on forex, thus enabling their clients to earn more.
- You are allowed to buy stocks by paying a marginal amount of the actual value.
- I did not find an inactivity fee at DotBig for international clients, but it exists from its CySEC-regulated entity, where access remains restricted to EU traders.
Long story short – if the traders at legacy were any good at what they do they wouldn’t be chasing after guys with account less than 10k. Note that when you lose on a trade, the broker gets the money. Their Spreads wider than the grand canyon (1 lot on WTI will cost 100 GBP. This means the trade must move in your direction, be it buy or sell buy 100 GBP before you make a profit). https://twitter.com/forexcom?lang=en Financial trading tools including an economic calendar, glossary, and calculators to support trading. In order to communicate on all matters with the division of advice or technical support, you can use email by contacting after which relevant experts will provide any possible assistance. To read reviews, go into the rating and select your broker or crypto exchnage.
DotBig Stock Trading Fees
DotBig requires proof of payment for deposits made via credit/debit card and allows third parties to make such deposits, which is a divergence from accepted AML stipulations. Traders must also sign a Transaction Authorization / Declaration of Deposit Form, countering the AML violation. Traders must also submit their Tax Payer Identification Number , which other offshore brokers do not require. Without uploading documents, DotBig will not grant you access to trading. A window in which a trader, if desired or necessary, can change the password for logging into the account. To conduct financial transactions, a trader needs to be verified. The broker does not charge a commission for transactions and also pays any commission set by the payment systems.
Clients get 24-hours customer support via phone, chat and email. There is also a variety of convenient deposit and withdrawal methods to choose from, including popular e-Wallets. DotBig has been providing forex trading services to forex users with a wide range of products and services since 2017. Known as one of the most reliable brokers in the industry due to being a transparent company, DotBig offers everything it offers under license. Believing in the power of knowledge, DotBig offers many things to educate its clients on forex, thus enabling their clients to earn more. You can use mt5 with its user-friendly interface on your computer or mobile devices. DotBig sponsored the Real Betis club and made its name known to the whole world faster.
DotBig Broker Review
In the table below you can see the results of a comparison of the commission for trading currency pairs from different brokers. If necessary, DotBig clients can open an Islamic account that operates under Sharia law. I have been using this platform since 2017 and during that time the broker has taken a significant step forward, a lot of new things have appeared.
The goal of effective UI is to make the user’s experience easy and intuitive, requiring minimum effort on the user’s part to receive maximum desired outcome. The UI design of the DotBig application improves user experience and customer satisfaction, ultimately helping increase the number of users of the DotBig application. Apple Macs and MacBooks can easily handle the most important requirements when using the DotBig https://twitter.com/forexcom?lang=en trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor , an accurate trackpad or mouse, lightweight design, and long battery life. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the DotBig trading platform is very user friendly and easy to use on a Mac device.