DotBig company: What makes it a reliable broker?
Have you already heard stories of successful traders and want to try making money on Forex deals? Well, go straight to the point.
To start making money from trading, choose a good broker and trading tools, develop a strategy, and test it on a demo account. You also need to engage in risk management and constantly improve your skills. But which broker should one choose and how?
DotBig is an international brokerage company established in 2003. To date, it provides its clients with access to the foreign exchange and stock markets. Since the Forex broker operates worldwide, its services are provided in several languages. DotBig Forex company is an intermediary for interaction in the financial markets for both pro and novice users.
How do I choose a reliable broker?
So, before you start making money on online trading, decide on an intermediary — between you and the Forex market. Here are some crucial criteria for choosing the best one:
License
First of all, ensure that the company name is in the public registry and exactly matches the one a broker specifies. Also, find out that the company provides information about their official location and contact details.
Reputation
Explore the broker’s website and read customer reviews on the Internet. Search the financial news, and so you may find out about the broker that you need.
Terms of the brokerage service
Deeply study the terms of the brokerage service. Pay attention to the details: commissions, terms of money transfer, interest on loans — if you plan to buy securities at the expense of a broker.
Software
Find out if there are special software requirements for working on the broker’s website or whether it is technically possible to install a trading terminal on your computer.
If you are going to trade via a smartphone, check whether this is possible and whether the broker provides an application for mobile devices. Check if this mobile app is suitable for your gadgets and if it is paid.
Training
If you decide to trade and earn money on Forex, you must study. Some trading platforms offer free training: webinars, training videos, and step-by-step guides. It is perfect if the broker’s trading program provides a demo mode. You will not trade for real funds but in a test mode to understand how stock trading works.
Commission
All brokers charge a commission for services. It can be a commission for each transaction or a monthly subscription fee.
Do not look for a broker with the lowest fees. It is better to focus on a reliable intermediary, and the tariff can be changed if it does not fit.
Briefly of DotBig
DotBig offers their clients access to many markets. Here, you can trade currency pairs, stocks of international corporations, cryptocurrencies, commodities, indices, CFDs, and ETFs. For fans of Forex trading, the DotBig exchange offers more than 70 currency pairs.
Both experts and newcomers note the convenience of its universal web platform. Given terminal is a unique product of a forex broker, characterized by many tools for analysis and very accurate trading signals and indicators. Moreover, you can install a mobile app, but it is worth paying attention to the fact that the functionality of the mobile platform is more limited.
One of the brightest DotBig trading services is a social trading option. It can be used for generating passive income. The principle is simple — the user copies the transactions of successful traders and earns on them.
Besides, traders can use the services of consultants. These are special programs that analyze the market, study fresh materials, and automatically develop signals that tell the client the best time to make potentially profitable trades.
Why is Dotbig Reliable?
Determining the safety of a trading platform includes several parameters. There are plenty of reviews about the DotBig site on the Internet to determine whether it is worth cooperating with this intermediary in the Forex market. Here are a few of them:
- Stable withdrawal of funds
Reviews about Dotbig.com confirm that the broker supports withdrawing money from your trading account without any problems. Some traders note that the transfer time may take several days, depending on the chosen payment system or bank. Even in technical failures, money is credited to the trader’s account after fixing the problem.
- Protection against negative balance
DotBig provides conditions for traders to minimize risks. This means that even in the case of a critical decline in the quoted asset, the investor’s account will not go into a negative level, and the trader will not be in debt.
- Establishes mandatory identity verification for all traders
Based on DotBig reviews, the broker conducts a verification procedure, requiring each client to provide copies of documents confirming his identity. This approach makes it possible to exclude the possibility of cooperation with fraudsters and minors.
- Protection of personal and financial data
DotBig operates under a 128-bit SSL encryption certificate to protect traders’ personal information. Thus, all user data is stored in secure archives and is not transferred to third parties.
Conclusion
If you are new to the Forex market, DotBig broker will provide you with access to high-quality training materials and a personal manager who will help you take the first steps. Navigation through the web terminal is easy even for beginners, as the trading platform has an intuitive interface. Professional investors will be able to profit from the trading of various assets. As for reliability, the review above listed in detail the aspects of why you can trust this company.
