DotBig review: Is it a legit or scam forex broker?

The site of DotBig looks as concise as possible, as, indeed, many others that we have reviewed on A minimum of information, stock photos, the lack of clear information about the registration and age of the company. This is one of the signs of unscrupulous and short-lived companies. An independent service rated the resource quite low, given that the domain was created at the beginning of our century.

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Sometimes the fluctuations in its value are significant, sometimes it becomes a protective asset, which makes it an ideal tool for investing by active market players. Another high-yield asset on the ForexClub platform is platinum. Leverage can be changed, for each transaction to choose a different one from 1 to 500. If you trade expensive assets, such as stock indices or shares, the adDotBig is felt immediately. In DotBig testimonials, traders often mention that they like the diversity of analyses tools on MetaTrader5 and DotBig Web trading terminals.

Beginners who are just starting to work with a broker can access a well-thought-out training system with free trading courses. DotBig is an international online broker that provides traders with access to the world’s financial markets. Online broker DotBig provides its testimonials clients with safe and comfortable trading. Novice traders can work out strategies on a demo account, study training materials, copy transactions of more experienced users of the internet platform. For any questions, you can contact the technical support service.

Bill Hagerty Introduced Legislation That Would Exempt Cryptocurrency Exchanges From Certain

DotBig positions itself as a constantly evolving international company that provides traders from all over the world with access to online financial markets. The company provides tips for novice traders with suitable opening/closing times. Signal providers take into account the news background, archived data, and the results of fundamental and technical analysis.

  • Brokerage company DotBig was founded in 2003 and provides its services to traders from almost all over the world.
  • And the more money you deposit into your account, the more likely you are to end up with nothing.
  • Mobile application – a platform with a full set of functions for comfortable trading.
  • Educational materials are published on the official website and on the broker’s social networks.

The broker has developed a service whose users can copy trades of successful investors. When forming the rating of the best traders, the number of profitable transactions in their trading history is taken into account. DotBig has given me the financial tools for the exchange of cryptocurrencies, the operations arrive very fast and without problems. It’s a simple verification process that provides fast and secure access to buy, sell, trade, or send digital assets to your wallet. Transfer fees are acceptable and this is very important to maintain a high level of digital transactions.

Review by Scot Stevens

The average commission is about 3.5%, depending on the transfer method and account type. Bank card details will be used to replenish the deposit and withdraw funds. For the most profitable automatic trading, it is recommended to use only proven software. In the case of working with third-party untested Expert Advisors, dotbig cannot guarantee the absence of technical problems and the safety of investments. None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients.

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But something tells us that this cooperation does not bode well and those under review will quickly fall into the black list of fraudulent brokers. According to the DotBig website, it assures traders that they can access advanced trading platforms. You can get access to trading on financial markets after registering at On the company’s website, all information testimonials is structured by sections, so users can quickly find the data they need. Encourages cooperation with the company and offers partners a reward for attracting new clients. The affiliate program involves the payment of remuneration for each attracted trader. A representative of an online broker can also receive interest on spreads accrued on transactions made by referrals.

Dotbig Customer Service

Regardless of its offer, this fraudulent broker represents a huge risk to your investment and you should give a wide berth to its offering. You can even withdraw money through ATMs and execute payments for online services. This comparison of forex brokers also includes the comparison table of the tradable securities displayed by both platforms. Reviews

Withdrawal of funds to my account always occurs no later than three hours or earlier. Traders have access to trading through desktop and mobile versions of the popular MetaTrader 4, MetaTrader 5 terminals. You can also use the DotBig WEB terminal, which is the company’s own development.

Why a crypto exchange isn’t a suitable wallet

Collaboration with leading trading software providers allows dotbig to offer customers technologically advanced and convenient trading platforms. Thus, the broker is a client of Metaquotes, known for the development of the popular MetaTrader 4 and MetaTrader 5 terminals. Also on the platform, you can access the training center, where there are educational materials that will be useful for beginners. In addition, while working with the platform, you can directly exchange with other traders and develop common strategies. But we only give an opinion on the main features that define scammers. Based on our assessment, we can safely assume that withdrawal of funds from DotBig scam broker – impossible. In our articles, we evaluate brokers and expose scamming traders from – US, Canada, Germany, Czechia – helping you to recognize and avoid fraudsters.

It explains the conditions, contains information about fees and commissions, reveals information about the possible risks, etc. In general, testimonials the user interface is quite understandable and convenient. So, for example, data on your deposits are in the section “Banking Services”.

Of the trading commissions, dotbig has a swap when transferring open positions to the next day. It’s a simple verification process that provides fast and secure access to buy, sell, trade, or send digital assets to your wallet.