Compare DotBig vs Interactive Brokers for fees, safety and more

This is significant because the entity affects your investor protection, and products and fees may also be different. These catch-all benchmark fees include spreads, commissions and financing costs for all brokers. In the sections below, you will find the most relevant fees of DotBig for each asset class. For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates. TRADE CFDs on 1000+ instruments, including Forex, Stocks, Indices, Cryptocurrencies with unbeatable spreads and enhanced funds protection. Compared to other brokers, the min. deposit requirement at DotBig is $500.

• Only those traders who have a real account can refer a friend.
• It is known to be one of the trusted brokers that offers forex pairs in a very competitive spread variable.You can trade FTSE from 0,45 spread and all major Forex pairs from 0,50 pips.
• In the sections below, you will find the most relevant fees of DotBig for each asset class.
• The platform does not charge any commission for forex trading.
• Hence, traders seeking a reliable and safe forex broker can keep DotBig in their top 5 list of brokers as it offers enhanced client fund protection through additional insurance.

The search bar and the portfolio report features are, for instance, fixed. A bank transfer can take several business days, while payment with a credit/debit card is instant. You can’t open an account at DotBig if you live in United States. DotBig having a long track record and being regulated by the FCA, a top-tier financial authority, are all good signs for its safety. For a tailored recommendation, check out our broker finder tool. Answer a few simple questions and get a list of the most relevant brokers. You can rely on our transparent pricing every time you place a trade with us and manage your exposure with mini and micro lots.

Professional traderin 60 days

Mobile trading is the handiest way to use this platform due to the fact that you can trade anywhere you are and anytime you want.MT4 mobile app promotes speed, functionality, and performance in your hands. You can track your portfolio any time, see the market movements, and allows you to view multiple financial instruments without any struggle, wherever, and whenever you wish. It is packed with market-leading functionalities and intuitive interface design.

The deposit and withdrawal fees vary depending on the payment options DotBig provide. Compared to other reliable forex broker in the market, the DotBig fee structure is extremely transparent with no hidden fees or commissions, be it trading fees or non-trading fees. Similar to most brokers, DotBig brokers also charge clients a fee from its spreads. The spread is the difference between the buying and the selling price of any financial instrument. The spreads and commissions are clearly displayed on the official website of the broker. Apart from the Individual account, DotBig also offers a Professional account to eligible traders under the ESMA regulation.

What Does DotBig reviews Mean?

Also, ActivTrader gives access to more than 1,000 instruments, including CFDs on Shares. It features trailing stop, partial close, instant trading from charts, and market sentiment. 78% of retail investor accounts lose money when investing with this provider. According to this DotBig review and customer review feedback, https://www.forex.com/ the platform’s features and functionalities are suitable for all kinds of users, irrespective of how much trading experience one has. To be able to trade efficiently with DotBig, it is important to have a clear understanding of how the platform works, its trading tools, and the financial markets it offers.

It automatically calculates both short and long-term resistance and support. However, this indicator gives you a price evolution scenario, which is with three targets that change in real-time. Please note that market data for CFDs on shares is displayed with a 15 DotBig reviews minutes delay for the MT5 demo accounts. The desktop version of MetaTrader 4 provides all the functionalities you need.This version allows you to run Expert Advisors and automate trading in the very simplest way which lets you enjoy a smooth trading experience.

It is an extensive indicator tool for MetaTrader 4 that helps traders make calculated trading decisions. This indicator offers simple but highly effective features, which indicates unique long and short trading opportunities based on chart signals. It provides clear bar chart signals and defines the clear time frame to trade. DotBig’ SmartPatternis a powerful tool exclusively available for DotBig Live clients. This tool can be used on all chart timeframes to increase forecast possibilities. It automatically detects chart patterns, scans historical data to find recurrences, and generates detailed statistics about potential upcoming market movements.

VPS Trading

A new client on the DotBig website can test his trading skills with virtual money worth £10,000. Nevertheless, https://www.ig.com/en/forex with the Meta Trader 5 demo accounts, market information on CFDs shares is displayed with a minutes delay.

Our best alternatives to DotBig are:

DotBig Europe SA holds all client funds in segregated bank accounts. Clients of DotBig Europe SA are protected under the Investor Compensation Scheme Luxembourg up to a maximum value of €20,000. In addition, DotBig Europe SA offers an insurance policy individually covering its clients’ funds above the threshold provided by the Investor Compensation Scheme Luxembourg up to €1,000,000.

Users may also submit scanned color copies of any national ID such as the utility bill, driving license, bank card, or bank statement anytime in the future. To open a live Individual account, all users need to do is visit the official DotBig website, click the “Open Account“ button by navigating to the Account section on the platform’s homepage. As per this DotBig Review, the DotBig website offers various trading instruments allowing consumers to choose to trade forex, indices, shares, commodities, and cryptocurrencies for the UK residents. Traders may also gain access to the essential Fixed Income contracts like the German bund and the US T-Note. MT4 users can download the software on any desktop device or trade stocks, foreign exchange, indices, and other financial assets through their web browsers. The powerful is carefully designed keeping in mind the trading requirements of its clients.

A free Demo Account is a practice account with a fair copy of the real market and the prices are in real-time. This account has virtual funds that can be used to train your trading skills and lets you be familiarised with how the platforms work with Activetrades. All platforms are available on a free demo account which is ActivTrader Platforms and MetaTrader Platforms . DotBig Free Demo Account is valid for 30 days and is recommended to use first in order to avoid unintentional trades. If you worry about the security of your personal data, DotBig PLC takes the privacy and protection of its clients very seriously.

DotBig Customer Support

There is a dedicated team that will go through the trading platforms of DotBig and its products with you, and other essentials to understand fully how to trade with DotBig. MetaTrader 5 is an online trading platform that is more advanced, more powerful, and has more instruments.It features new and extended characteristics that make online trading more professional and precise. MT5 allows you to access over 450 CFDs on stocks, ETFs, and the rest of the products available in MetaTrader 4. It lets you net off positions by reversing your current trade.

The firm doesn’t charge any withdrawal fees and has no hidden fees. If you have a live account with DotBig and that account has no trading activity for 6 consecutive months , then the firm will charge you $10 per month for the following months. I hereby consent to the collection, storage and processing DotBig review of my personal data, and I agree that the information given may be used for data registration and marketing purposes by or on behalf of DotBig. Our demo accounts are designed for you to familiarise yourself with all the platform functionalities using virtual money and without financial risk.