Why DotBig Broker is the Best Choice for Forex Trading
Forex trading can be a profitable thing if you do everything right and take your time. Novice traders and investors can earn decent money here, as well as experienced ones.
In order to make money on the Forex sale and purchase of stocks, bonds, currency, crypto, etc., it is not necessary to have an economics degree. Anyone can earn money from online trading today. Well, if one wants to make income on Forex transactions, where should he start?
Direct access to the Forex market for a private investor is not a simple task, — an intermediary is needed here. Dotbig Broker is the optimal solution for anyone who has decided to try online investing and trading.
To verify the honesty and transparency of the exchange services, search for the DotBig reviews. Choose only trusted feedback sites where real clients of the broker share their opinions. The most popular review sites recommended by modern financial experts are Trustpilot, Benzinga, Google, YELP, and so on.
Achieve Financial Freedom With Forex
How do they earn money in the Forex market? The main way is to profit from speculative transactions. A trader chooses an asset at a lower price and resells it when the asset cost rises. But these are not all options.
On Forex, one will be able to earn money by doing these actions:
- Hedging. It is when you insure your risks using particular tools. This method allows you to mitigate the consequences of the asset price dropping. Hedging is similar to regular insurance, although the operation flow is different.
- Carry-trade. It is another way of earning money when a broker’s client earns on the difference in discount rates. One of the most famous examples of carry trade is the classic Yen-Dollar strategy. For years, investors borrowed the Japanese national currency and invested in dollar assets that offered much higher returns. Such a deal was profitable as long as the difference in interest rates remained favorable.
- Сopy trading. It is a trading strategy that was made by experienced Forex participants. This option is mainly suitable for novice market participants. Having received information about the transactions of a professional, a novice can open similar positions — set the same levels and receive a proportional profit.
About DotBig Exchange
DotBig exchange entered the global trading market more than 20 years ago. Over the years, the company has significantly expanded its area of influence and today its regular clients are from different countries in Europe, Asia, and the North American continent.
The company’s popularity is growing due to several positive factors, including a wide range of trading instruments, flexible conditions for traders and investors, support for top online platforms, high-quality customer support, and other advantages.
Not only an experienced trader can become a DotBig Forex client, but even a newbie without any trading experience at all. The fact is that the exchange offers clients a training service, which means that everyone can learn how to trade currency pairs, commodities, or securities today — if there is a desire.
A completely acceptable initial deposit for the start ($100) makes this platform accessible to a wide audience.
DotBig Accounts
DotBig trading site offers investors several types of accounts for online trading. Each broker’s client can choose suitable conditions based on their initial capital, investment experience, and planned trading volume.
Available accounts:
- Basic plan ($100). This tariff combines a low minimum deposit and the availability of a training program. Thus, it is suitable for novice users.
- Standard plan ($2,500). Additional benefits come in this account in the form of one free withdrawal of funds and access to PRO webinars monthly.
- Silver plan ($5,000). This option differs from the previous tariffs in the presence of capital mobility PRO.
- Gold plan ($10,000). The account is suitable for active investors with large amounts of transactions. DotBig guarantees its owners the accrual of cashback, the selection of an individual trading strategy, and the compilation of a personal portfolio;
- Platinum plan ($25,000). The tariff includes a refund of swaps up to 10%, and free withdrawal of funds 3 times per month.
The broker also provides an opportunity to issue a VIP account with special conditions for large investors. This tariff comes with the lowest spreads, exclusive trading strategies, and ready-made diversified portfolios of popular assets.
Benefits for Clients
The company strives for openness in the process of cooperation with investors. All the conditions for working with the broker are written on its official website. While studying the rules of cooperation with the company, no hidden commissions, slippages in trading terminals, or incorrect asset quotes were found. The company works with leading providers, offering trading instruments in real-time.
Advantages of DotBig investments:
- Wide opportunities for automatic trading (social trading service, trading signals, expert Advisor programs);
- Presence of an economic calendar, forecasts on financial markets, access to breaking news from the world of investing, and other tools for technical and fundamental analysis;
- Possibility of conducting Forex deals on various platforms including mobile phone applications;
- Low initial deposit — only 100$;
- Guarantee of personal and financial security of investors.
Conclusion
DotBig website is a well-known company offering clients high-quality service and the opportunity to invest in key financial assets from anywhere in the world.
After reading the reviews about DotBig, it becomes clear that the company offers favorable trading conditions. The clients note a low spread, a wide range of financial instruments, and opportunities for hedging risks. The absence of hidden fees proves the transparency of the rules of cooperation with the broker. Therefore, DotBig’s client base today is represented by both novice traders and professionals.
