It has offices in London, Cyprus, Seychelles, Gibraltar and Australia.
Is DotBig legit features all the key aspects you need to look at to see if a broker is safe and legit. DotBig is a great CFD broker and has entities regulated by top-tier authorities such as the UK’s FCA and ASIC in Australia. It has offices in London, Cyprus, Seychelles, Gibraltar and Australia. The longer the track https://www.plus500.com/en-US/Trading/Forex record a broker has, the more proof that it has successfully survived previous financial crises. Note that the FCA banned the sale of crypto-derivatives to UK retail consumers as of January 2021. You can set alerts and notifications in the form of email, push notifications to mobile, or notifications to the desktop platform.
- Therefore, all trading strategies and styles are welcome, including automated trading, hedging, and news trading.
- Despite the minor flaws and room for improvement, I think the average retail trader should find DotBig to be more than good enough for trading online.
- Their size which they are marketing as well does not correlate well with not having a Web application already developed.
- Since it was first launched back in 2016, DotBig has been regulated by the FCA, the Financial Conduct Authority in the UK, which is known to be one of the strictest industry bodies.
- Apart from these 3 account types available on the DotBig platform, there is another full-fledged professional trader account allowed on the platform.
Moreover, the customer support team can also be reached via Instagram, Twitter, LinkedIn, Facebook Messenger, and Telegram. There is a dedicated account manager support center that provides innumerable trading videos to help clients meet their web trading platform and financial regulators needs. The award-winning platform is user friendly, and it’s equipped with smart risk-management functionalities, such as stop loss, take profit, and negative balance protection. They offer exceptional online trading services to retail and institutional clients from all over the world.
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The charts are easy to read and customisable – traders can choose candlestick, bar, area, Heikin-Ashi or line charts. They then have the use of a diverse range of drawing tools, including Fibonacci retracements and trend lines to identify major support and resistance levels. It reveals cognitive biases that prevent traders from making profitable trading decisions through the use of an AI-powered trading bias detection system.
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When it comes to DotBig, this forex and CFD online broker supports some of the market’s most competitive spreads. DotBig Group stands out as a CFD broker in that it has a wide range of crypto pairs . Typically, you would need to seek out a cryptocurrency exchange such as Coinbase to access such an array of digital assets. Furthermore, with DotBig Group you can trade major crypto pairs such as BTC/USD and ETH/USD without paying a penny in commission . If you are looking to gain exposure to the forex market with a daily trading volume of more than $6 trillion, then DotBig Group is certainly adept to facilitate your forex trading needs.
The trading platform guarantees the full protection of your personal data as well, which is not disclosed to any third parties https://en.wikipedia.org/wiki/Foreign_exchange_market except the regulator. Personal information is encrypted and protected in compliance with PCI Data Security Standards.