When it comes to cybersecurity, DotBig seems to be taking matters seriously. It operates on a secure platform, complete with SSL certificate for the trading transactions that take place on it. This provides an added layer of security via encryption that helps keep the personal and financial details of individual traders safe, along with their money. Among the metals, Platinum has been added, which complements trading with gold CFDs and silver ETFs. Some of the most interesting euro-denominated crypto-pairs with CFDs include BTC/EUR, ETH/EUR and XRP/EUR. Ethereum Classic (ETC/USD), Qtum (QTUM/USD) and ZCash CFD has are also added. Even some less used cryptocurrencies such as OmiseGO (OMG/USD) and Yearn.finance (YFI/USD) can now be traded as CFDs at DotBig.
It’s filled with educational resources, is easy to use, has a competitive fee structure and a wide variety of tradable assets. Overall, it is one of the most user-friendly CFD trading platforms out there. This is entirely risk-free, meaning that it’s also a safe zone for newcomers. Unlike with other forex trading platforms, the DotBig demo account has no expiry date. DotBig has a transparent fee structure, which mainly depends on your account type. The broker charges competitive spreads of 0.7 pips on Standard accounts, while Premium users can trade with spreads that begin at 0.1 pips and a nominal value fee of 0.006%.
Using dotbig review
You can join one of the world’s largest social DotBigmunities with DotBig copy. From there you can access a host of opportunities you can effortlessly copy with 1000s of trading strategies ready to be copy traded. DotBig provides you with an excellent variety of intuitive and powerful trading platforms for trading the various offered instruments. The trading platforms include their proprietary DotBig Trader, the sophisticated cTrader and the popular MetaTrader 4 platforms. I like how they provide the option of their own proprietary platform and others whilst some brokers usually only provide one or the other. I personally prefer to use MetaTrader, mainly because it was the first platform that I became accustomed to and I just find it so easy to use.
- The unit can only be decided by the trader, depending on how comfortable they feel.
- The broker is regulated in Cyprus by CySEC and FSA in Seychelles.
- This is the category in which DotBig performed exceedingly well, earning an almost perfect score.
- In terms of practicality, we have determined that the Standard account, on average, offers the greatest level of flexibility and efficiency against the lowest possible cost.
- Step 3 – Before the account creation process can be completed, you will be asked several questions, such as ‘what is leverage’, to confirm your knowledge level.
You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money. Notwithstanding any https://twitter.com/forexcom?lang=en such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications.
Adding dotbig investments
Its custom-built platform is quite easy to navigate, yet its flexibility does not come at the expense of utility. Charts are integrated directly from Trading View, which ranks among the best charting websites on the web. Charts powered by TW are particularly well-suited for chart artists wanting to conduct a penetrating examination of price action from multiple angles. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight.
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