Step-by-Step Guide: How to Navigate the DotBig Platform?
Today, many people worldwide trade in markets — Forex, stocks, cryptocurrencies, digital options, futures, and others. What is online trading in a general sense?
Trading is 90% conducted with online terminals. Accordingly, how comfortable you will be trading depends on the convenient configuration of the terminal.
Commonly, one has to use several platforms to work with traditional tools and digital currencies. To be honest, it’s not very convenient. DotBig broker brilliantly solves this problem by allowing you to trade cryptocurrencies, fiat currencies, securities, and derivatives on one platform. Learn more about how this website works and how to start trading and investing on it, even for beginners, from the blog.
DotBig Broker Navigation Specifics
To make deals on DotBig, the first thing is to register. This process is simple and fast. It includes a few steps:
- Go to the official DotBig site and click the “Register” button in the upper right corner of the screen.
- Fill out the sign-up form. For this, provide your full name, phone number, and email address, as well as come up with a password. Ensure that the email address you provided is active, as you will receive a confirmation email.
- Agree to the terms and conditions the broker has established for clients.
Keep in mind, when registering it is required to specify only a real name, and confirm that you are 18 years old. DotBig Forex broker will check all these data during the verification process.
As soon as you pass registration, you get full access to the platform functionality. In the DotBig personal account, the clients can:
- Download the trading platform to one device;
- Manage an account;
- Run trading deals on the Forex market;
- Participate in investment programs;
- Top up the deposit and withdraw funds.
DotBig highly cares about the protection of customers’ personal data. Each trader undergoes verification upon registration as it is necessary to prevent fraud.
Verification
Anyone who joins the DotBig exchange must pass verification. You can apply for this procedure and upload the documents to the trader’s account. Access to it is available only after signing up to the website.
As part of the verification, a new DotBig client provides an identity document issued by the government of his country, such as a passport or a driver license. The document should have clear visibility in the uploaded image.
Besides, traders need to confirm their residential address as part of verification. A copy of the utility bill, a bank statement, or any official document with your name and address is suitable for this. The document must be fresh, with a limitation period of no more than 6 months.
After applying, the platform managers will review the documents. This process usually takes from a few hours to several days. Then, the client receives an email notification since his account is verified.
A crucial addition is that if the exchange user plans to replenish the account and withdraw money through a bank card, it also needs to be verified. For this, one should specify the first 12 digits of the card number and the three digits of the CVV code located on the back of the card. In case of loss of the card, the client can write to the manager to update the payment data.
Trading Accounts
Well, registration and verification have already been completed, what should you do next when you start working with DotBig? Choosing a trading account, surely.
DotBig Forex offers clients several account types. They differ in the size of the minimum deposit, the availability of extra rewards and benefits, and the commission level. Depending on the trading strategy and the amount of initial capital, users can choose one of the DotBig accounts:
- Basic ($100): The best option for beginners. A low initial deposit is required.
- Standard ($2,500): One-time free cash out is available, as well as access to a monthly webinar on improving professional trading skills.
- Silver ($5,000): The opportunity to work with a personal consultant and two open PRO webinars per month.
- Gold ($10,000): Cashback, personal portfolio creation, and individual trading plan development are provided.
- Platinum ($25,000): Refund of swaps up to 10%; the withdrawals go without commission up to 3 times a month.
Moreover, each client can use a demo account to practice trading strategies and learn the intricacies of trading in financial markets.
How to Deposit on DotBig?
You can deposit after completing all the registration steps. If you want to check the trading conditions or work out a new strategy, use a demo account. On the demo account, trades are conducted with virtual money, so traders do not risk losing investments in the event of a failed transaction.
DotBig offers several payment options for depositing:
- Bank cards: Visa, Visa Electron, MasterCard, Maestro.
- Online services: PayPal, Qiwi, Webmoney, Yoo Money, etc.
- Crypto payments.
- Bank transfer.
The minimum deposit sum for now is $100.
How to Withdraw Funds from DotBig?
DotBig Investments company provides several withdrawal gateways: bank cards, Transferwis, PayPal, Qiwi, Webmoney, Yoo Money, as well as crypto wallets.
The withdrawal goes this way:
- Log in to your DotBig account and go to the “Withdraw funds” section.
- Pick the withdrawal method. To cash out funds, use the same method you used to make a deposit.
- Specify the amount you want to receive and provide all the necessary details for the selected withdrawal method. The minimum withdrawal amount from DotBig exchange per transaction is $50.
- Confirm the withdrawal request and wait for it to be processed.
- The processing time of the withdrawal request may vary depending on the selected method. As a rule, withdrawals to electronic wallets are processed faster than bank transfers or cash-outs to a credit card.
Tips for Newbies
If you take the first steps in online trading and choose DotBig, here are some helpful recommendations:
- Start with the minimum amounts.
DotBig trading site allows you to open an account with a small deposit. Never invest large amounts right away — start with minimal capital to get comfortable on the platform.
Besides, before dealing with real funds, try the DotBig demo account.
- Set limits on losses and profits.
Set the stop loss — the loss level at which the trade will close automatically. Set take profit — the profit level at which income is fixed. These tools will help you avoid emotional decisions and save your capital.
- Follow the market news.
Study economic and financial news regularly to understand how it affects the market. The broker provides analytics and forecasts to help you make decisions.
- Avoid emotional trading
Never let emotions influence your decisions. Losses and profits are part of the process. It is crucial to keep a cool head and follow the chosen strategy.
- Use DotBig promotions
According to DotBig reviews, the platform regularly conducts promotions for new clients, including deposit bonuses and reduced commissions. It will help you gain an additional advantage in the trading.