DotBig Ltd Review Based on Comments
What is DotBig?
DotBig LTD is an international entity that provides brokerage services. Its history dates back to 2003. The company is registered in St. Vincent and Grenadines, but its headquarter is located in the USA. The DotBig company accepts clients from the US, Europe, and Asia. Its European office is located in Stuttgart, Germany.
DotBig testimonials from real clients
It is a well-known fact that reviews from real clients impact the rating and reputation of the brokerage company. So the DotBig forex broker pays a lot of attention to what their traders say in their reviews on dotbig.com. The broker encourages clients to provide their real impressions and opinions on social media and on platforms for reviews.
There are a lot of DotBig testimonials on different platforms, including Proven Expert, Reviews.io, Trustpilot, Mamma.com, Sitejabber, Indeed, and others. These comments are different and based on them, we’ve found out the most obvious advantages and disadvantages of the company. We will provide them at the end of the review, but here are some comments from these websites.
Anastasia Korina from Reviews.io says she likes the speed of orders execution. According to her comment, the platform is very convenient to navigate and even the commission cannot spoil her impression of the broker.
However, Demi D. from Mamma.com expected better from DotBig. This is a professional trader, and he says the tools aren’t as good as they are often described. But the fact that they are easy to use makes them very good for beginners.
Bertram Anderson on Trustpilot says that he likes that the online trading platform is very user-friendly. It has a very convenient interface and processes requests quickly. It’s easy to manage your personal account through the platform.
One more feature of the broker that is often mentioned by the users in DotBig testimonials is that it’s a multi-asset broker. This means clients can access different markets, which makes the diversity of trading products much more extensive for them. On DotBig, you can trade on Forex, Stocks, Indices, Crypto, Commodities, CFDs, and ETFs markets.
For forex trading, DotBig offers 72 currency pairs. Crypto traders can access crypto exchanges and trade over 600 digital currencies and crypto-based products. There are also more than 200 international shares that might be traded via DotBig. The number of commodities isn’t quite extensive - only 6 products - and they come with high spreads and low leverage.
Except for trading, DotBig displays investment opportunities. If you aim to learn more about venture investments from your own experience, you can do this by working with DotBig.
DotBig isn’t the cheapest broker for online trading. Although you don’t pay for access to terminals, assets, and tools, you have to fund your account and the minimum deposit for a Standard account is $250. Plus, the broker charges a 3.5% withdrawal fee.
Stay active if you don’t want to lose your money for doing nothing because the company has the right to charge inactivity fees. If you want to avoid them, study the client's agreement. In case your rights are violated, the broker guarantees a 100% refund.
Platform & Services
In DotBig testimonials, traders often mention that they like the diversity of analyses tools on MetaTrader5 and DotBig Web trading terminals. But they say the broker lacks research instruments. It doesn’t display news, you have to look for them on third-party resources.
DotBig offers a unique service of the DotBig Card. This is a tool in which you can store all types of funds, including fiat and cryptocurrencies. You can even withdraw money through ATMs and execute payments for online services.
Pros & Cons
- a rich selection of financial instruments;
- efficient tools for analyses;
- tight spreads;
- responsive support services;
- intuitive navigation through the website and platform;
- free educational materials;
- a demo account
- withdrawals fees;
- high minimum deposits;
- floating spreads;
- inactivity fees.
On the whole, DotBig is worth working it. If you are a beginner, you will find a lot of helpful services to master new skills and if you are a professional, you will find beneficial trading conditions and robust digital tools for advanced analyses.
Comments are very important for both companies and clients. That’s why you should take some time to get familiar with real opinions before starting working with the brokerage company.
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