This protection is governed by the Financial Services Compensation Scheme Protection, where the clients’ funds are held securely at the National Australia Bank. A market news section in the MetaTrader 4 platform provides high-value information on the latest and upcoming market events.
- It caters to high-end clients trading millions of dollars through high-speed executions, near-zero pricing lags, and VPS hosting.
- Dotbig also shares a fully-licensed use of its trading platforms, mainly the MetaTrader 4 and MetaTrader 5 platforms.
- Its growing user base is a good indication of its good reputation all over the world.
- Retail currency traders in turn use these brokers to gain access to the 24-hour currency market for speculation purposes.
Serving more than 65 countries, the trading platform is growing rapidly all over the world with ever-increasing trading instruments and features. The broker is regulated by top-tier financial regulatory authorities such as FCA, DFSA, and https://twitter.com/forexcom?lang=en ASIC which goes a long way to establish its credibility and trustworthiness. Dotbig offers standard accounts or Razor accounts with tighter spreads. You can also become a premium client, professional trader, or Active Trader.
Dealing With dotbig website
If such persons fund their new account with more than £1,000 and continue to trade at least five standard FX lots, the referrer is rewarded with a £100 deposit into his or her trading account. The minimum deposit required to start trading with a Dotbig Standard of Razor account is $200 . You can fund your account via bank transfer, Visa, Mastercard, PayPal, POLi, BPay, Neteller, Skrill, or Union Pay. The MetaTrader 4 platform’s interface makes it a popular choice among traders of all skill levels. It’s free to download for use with both Dotbig’s live account as well as their demo account. Deposits and Withdrawals – Dotbig doesn’t charge for deposits or withdrawals, but this doesn’t mean clients won’t incur bank charges. Consult your financial institution if you’re unsure about such fees.
If details on the website are not comprehensive, more information can be obtained from the customer support service. It is always possible that you could https://en.wikipedia.org/wiki/Foreign_exchange_market sustain a loss of some or all of your initial investment. According to research recently done, Dotbig is a forex broker company in Australia.
Behaviors Of dotbig website Customers
The company has a great forex selection, while the CFD line-up is average. Among cryptos, you can trade Bitcoin, Ethereum, Litecoin, and Dash against the USD. The decision about which platform to choose will depend on what a client would like to trade, therefore it will be one of the criteria when choosing a broker too. The facility that enables a trader to get a much larger exposure to the market than the amount he or she deposited to open a trade, is called leverage.
The charting tools are even more comprehensive than MT5 and you can look at multiple charts at the same time on the platform’s adaptable user interface. All these prices are notably lower than what you’ll find with many brokers, however, Dotbig is a tad more expensive in some aspects. For example, CFD financing rates, like the price for holding overnight CFD positions, are higher than average. Opening an account with Dotbig couldn’t be any quicker or simpler. The entire account creation process is fully digital and takes about 15 minutes. On top of that, although Dotbig says that account verification can take up to 3 days, it is usually done within 24 hours. Some of the key features of this program include a dedicated account manager and private VPS hosting… and there’s more.