DotBig is a reliable forex broker in Israel

Choosing a suitable intermediary in the financial markets is extremely important, and one of the key factors here is reliability. To assess the actual honesty of a broker for forex trading in Israel, it is recommended to analyze DotBig reviews and feedback from traders about the chosen platform. During our research, we studied various opinions about DotBig from Israeli users. This helped us to form a general idea about this intermediary in the financial markets and assess its degree of reliability.

Trading conditions on the DotBig platform

DotBig is constantly improving its technology and offering its own investment platforms. You can download the mobile trading app on the DotBig site or use the web terminal. In addition, investors have access to trading on well-known MetaTrader platforms. Another advantage of DotBig is the automatic trading service that allows you to copy successful trades of other investors.

DotBig provides access to assets from various financial markets for users from Israel. Traders can work with the most popular financial instruments:

• A variety of currency pairs.
• Commodities: gold, silver, oil, and others.
• Shares of the world’s leading companies, such as Adobe, Boeing, Apple, Uber, and others.
• Indices such as S&P 500, NASDAQ, Dow Jones and many others.
• Cryptocurrencies including Bitcoin, Ethereum, Litecoin, and others.

DotBig aims to offer competitive spreads for users from Israel, which can vary depending on the instrument and market conditions. The broker works with floating spreads starting from zero pips. You can leverage up to 1:400, which can increase your potential profits. However, it is worth remembering that a high level of leverage is associated with increased risk and should be used with caution.

To reduce the risk of loss due to price fluctuations in the market, you can use Stop Loss and Take Profit protective orders on the DotBig trading platform. These functions are automatically activated when the price of the selected asset reaches a predetermined level, which allows you not to constantly monitor quotes on the financial markets.

Reliability of DotBig broker

Determining the reliability of a forex broker involves several key aspects. Analyzing reviews and testimonials about DotBig investments platform allows you to conclude whether it is worth interacting with this company in the Forex market. We have analyzed reviews about DotBig broker and highlighted the main aspects that indicate its reliability:

Stable withdrawal of funds

Reviews on dotbig.com confirm that the broker provides safe withdrawal of funds from the trading account. Despite the fact that some traders had to wait a few days for withdrawal operations depending on the chosen payment system or bank, in general, the process goes smoothly. Even in case of technical failures, the money is transferred to the trader’s account after their elimination.

Protection against negative balance

DotBig LTD has taken measures to minimize the risks associated with trading on financial markets by installing protection against negative balance. This means that even in case of critical fluctuations of asset quotes the investor’s account cannot become negative, which prevents debts to the broker.

Confirmation of traders’ identity

Reviews about DotBig company emphasize that the broker conducts mandatory verification for all its clients. Each trader must provide copies of documents confirming his identity. This allows the company to avoid cooperation with fraudsters and persons under the age of majority.

One of the important aspects in assessing the reliability of a trading company is the protection of personal and financial data of clients. DotBig forex broker uses 128-bit SSL digital encryption certificate to protect traders’ personal information. All client data is stored in secure archives and is not transferred to third parties.

DotBig trading strategies

DotBig clients have the opportunity to use various trading strategies due to low spreads and fast order processing. These factors contribute to the successful implementation of short-term investment strategies, such as scalping, which is especially effective when dealing with assets whose prices are subject to high volatility. However, the use of short-term strategies requires investors to constantly monitor the financial markets.

Those who prefer a more passive approach to trading can utilize the services of trading advisors and trade copying platforms. The accuracy of professional trading robots is 90% and higher. However, it is important to carefully choose the developer of such programs, as the use of inexperienced advisors can lead to financial losses.

A trade copying platform provides an opportunity for users to replicate successful trades of other investors. This strategy is suitable for beginners, who can study the rating of successful traders and choose the most suitable trading signal provider. It is also a good solution for experienced investors who want to provide their trades for copying to other traders and receive a percentage of the profits generated by such operations.

How to start trading?

DotBig allows traders to enter the world of financial markets after completing registration and successful verification. To register, you need to visit the broker’s official website and submit photos or scanned copies of your identity documents. This is required to verify your authenticity and prevent possible fraud by other investors.

After successful verification of your identity, it is possible to open an account for trading through your personal account on the DotBig platform. The accounts provided by the broker are divided into two main types:

• Demo account. Creating a demo account does not require any initial deposit, as all trading is done using virtual funds. This option is ideal for both beginners and experienced investors who want to test their strategies or check the trading conditions provided by the broker. On a demo account you cannot lose real money due to unsuccessful trades, but it is also impossible to earn real profits, as it is just a training account.
• Real account. In order to start earning on the financial markets, you need to make a minimum deposit, which is $100 on the DotBig platform.

Your trading account balance can be managed through your personal account. In case of any problems with trading terminals, delays in withdrawals or other issues, you can always contact DotBig’s 24/7 technical support team. The broker’s support service functions on working days. You can choose the most convenient way to contact a manager: call by phone, send an e-mail, fill out a special form on the official DotBig trading platform or use online chat in your personal account.