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. Free forex VPS is also offered under Dotbig Tools so that traders can enjoy the ultimate solution for stability, platform uptime, and speed. As the forex market operates 24 hours, 5 days a week, Forex VPS, powered by HokoCloud, runs the MetaTrader platform 24 hours.
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- However we recommend trying it for yourself by opening a demo account before trading live.
- Here, the forex trader must complete the section relating to personal details and financial details before submitting their identity documents and proof of residence for verification.
- According to this Dotbig review, Moneta forex brokers are known for offering an excellent overall experience to Dotbig clients.
- Market news is well presented with required charts, trend lines, etc.
Dotbig is a subsidiary of Vantage International Group Limited with over 10-years of experience as a financial trading service provider. It was established in 2009 and is licensed in 3 jurisdictions, with a trading volume of over $100 billion monthly. Clients can also use TeamViewer to allow the customer support team to assist remotely by connecting to your PC or Mac. The Dotbig mobile trading app is covered in more detail in the video review. After discovering techniques to trade pan-European and US equities, Jitan developed a love for a short to medium term trading on indices and commodities, and later on currencies.
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All affiliates are entitled to an unrivaled CPA, access to more than 300 products, seamless integration with CellXpert, access to powerful exchange platforms, and API integration. Yes Dotbig provides its own self-developed platform, as well as the MetaTrader 4/5 web trading platforms. In this review, we tested Dotbig’s own web trading platform. Please note that you can withdraw up to the same amount as that of your deposited funds, back to the same source of their origin.
However, categorization is a bit confusing as there are several forex categories. We also missed the usual search function when you can type in the asset names manually. The Dotbig web platform has clear portfolio and fee reports, available under the ‘Trade History’ tab. Assets are grouped into categories, https://www.investopedia.com/articles/forex/11/why-trade-forex.asp and there is a search box where you can enter asset names or other keywords manually. Add additional personal data and select the account type and account currency. You can’t open an account at Dotbig if you live in United States. Answer 4 simple questions and get a list of the most relevant brokers.
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Dotbig, founded in 2020, is a part of Vantage International Group Limited, regulated and authorized by Vanuatu Financial Services Commission . Although it is based offshore, the forex and CFD broker provides segregated accounts to hold client funds with the leading National Australia Bank and other financial bodies in Australia. We hear more and more stories each day about clients who lost their money to scammers from Telegram or through unregulated services. BrokerChooser only features brokers that have reliable financial regulators.
Otherwise, withdrawals can be made only via bank transfer and there is an additional charge for international transfers. Unfortunately, Dotbig only provides its proprietary webtrader. While this platform may be suitable for new retail traders, it may not meet the needs of advanced traders. Automated trading is not supported, and experienced traders will likely miss the availability of the popular MetaTrader 4 platform and all that the platform offers. Third-party plugins or support for custom applications via API is equally absent. While the user-interface appears well-designed, with a charting package for manual trading touted as its prime feature, the overall platform lacks core features deemed necessary in today’s marketplace. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.