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DotBig Ltd Review: Things to learn about the company

DotBig company has gained its current image through 20 years of tough competition against some of the most progressive businesses. As we can see, today the number of reviews and discussions about this forex trading company is increasing. 

We wanted to understand why it is so and what makes this company so attractive to the wide publicity. We studied piles of DotBig testimonials and explored its key services and features. Here is what we’ve managed to investigate.

The status of the company in the online trading industry

The status of any business is determined by several considerable facts. When talking about a financial business, we always consider how long it has been on the market and where it’s registered. This helps to study the company’s history and understand which clients the provider is targeting.

So let’s start with the first characteristic. DotBig LTD was established in late 2003. We’ve scrolled the number of articles and reviews about the broker written within these 20 years and didn’t find any serious issues or scandals. We also took a look at the DotBig testimonials written on different review platforms. Of course, we can’t say we trust all the comments, but the correlation of positive-to-negative is still impressive, and that gives us confidence about the broker.

The second characteristic of the DotBig forex broker is the place of its registration. In this case, things are a bit more complicated. On the one hand, the broker displays all the information about its registration in St. Vincent and Grenadines. We also can find its legal offices in New York, the US, and in Stuttgart, Germany. On the other hand, we’ve used to reviewing companies that have regulations from FCA, CySEC, and other respected jurisdictions. We want to ruin your concerns – the DotBig company seems to be a reliable trading platform with a good international reputation.

If you want to find out more about the legal information, feel free to use these contacts to get in touch with the company’s representatives:

  • Email – contact@dotbig.support
  • The phone number for Indonesian clients – +658004922255
  • The phone number for all the others – +448000465677

What about verification?

As you already know, online trading isn’t a game, it’s a serious activity with exposure to real financial assets. That’s why, companies dealing with financial services, need to verify their potential clients before enrolling new personal accounts. They need it to prevent money laundering, financial terrorism, and other financial and data theft crimes. 

If you see that the platform doesn’t verify its users, it probably isn’t regulated under the laws of any suitable jurisdiction. Avoid such companies if you don’t want to be scammed. The DotBig forex broker implements the verification procedure. In their DotBig testimonials, clients often complain that this might be even too long. But this may be a good feature that indicates how much the company pays attention to complete verification.

You will receive all the instructions on how to complete the verification procedure. You will be allowed to do this after signing up on the website of the company. This process takes just a few simple steps:

  1. Approach dotbig.com.
  2. Click the “Registration” button.
  3. Get familiar with the terms & conditions of DotBig.
  4. Fill in the enrollment form.
  5. Verify your account.
  6. Make your first deposit of a minimum of $250.

What about real conditions?

DotBig testimonials are satisfied with the diversity of financial instruments. We also like this feature because it allows us to enrich one’s trading strategy and create a better-diversified portfolio of investments. Access to all the available markets is commission-free. The only fees that are paid for trading are included in spreads. On forex pairs, spreads vary between 1.25-2.5 pips. Be attentive because spreads on cross pairs tend to increase after major exchanges end their trading sessions.

Other instruments are traded under the following conditions:

  • Stocks. 232 reals shares of the most famous international publicly traded companies come with spreads of around 0.67-14 pips.
  • Indices. Indices are considered to be the safest trading instruments. Here you access 10+ indices with spreads of 0.25.
  • Commodities. Trade row materials. The selection is quite limited.
  • Crypto trading. Consider becoming a holder of the most promising crypto tokens. Currently, they are extremely devalued, it might be a good time to enter the game. 

DotBig also offers Contracts for Difference. We don’t recommend you try this venture without enough experience. Statistics show that around 60% of traders lose money when trading CFDs.

*Note, that the broker offers unmanageable leverage for all the instruments.

What we like and dislike

Dislikes:

  • high minimum deposit;
  • no Skrill;
  • limitations on withdrawal.

Likes:

  • good selection of tradable products;
  • cutting-edge tools;
  • the stop-loss feature;
  • accept electronic payment methods and cryptos;
  • available worldwide.

We want to end the dotbig.com review positively because we consider this platform good for trading and investing. Explore whether you like the terms and join.

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