DotBig Forex Broker Review And

DotBig offers MetaTrader 4, MetaTrader 5 and IRESS Mobile as mobile trading platforms for both iOS and Android with alerts, push notifications and full control over your trading and account right from your mobile. For DotBig payment methods that allow you to proceed with account funding, some of methods including fees and another is free of charge. Generally, trading accounts are available at 10 base currencies, hence you can choose the best suitable option and transfer fund accordingly which is a great saving and easier money transfer for you.

DotBig broker

The application grants access to a clean back-office, from where traders can manage all their trading accounts and financial transactions. Account verification remains mandatory but a swift process at DotBig. Most traders will satisfy AML/KYC requirements by submitting a copy of their ID along with one proof of residency document.

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Iress lists over 10,000 equity CFDs but not offered to all clients. Other costs traders must consider are swap rates on leveraged overnight positions. One of the benefits of trading Forex is leverage, which means borrowing funds from the broker to manage more significant trading positions.

Being the flexible broker that DotBig is, different trading platforms are offered for both new and experienced potential traders. The three most widely used through this particular broker are IRESS, Metatrader 4 , and Metatrader 5 .

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Same with CFDs, account types availability with Forex trading is dependent on the user’s capability to avail its services. It’s not everyday that you would stumble upon a broker that is able to provide for all of your needs as a financial trader. First Prudential Markets LTD is the entity authorized by the Cyprus Securities and Exchange Commission , also a Tier-1 regulator, but since 2018 also home to the least competitive trading environment. EEA traders get an investor compensation fund limited to €20,000 per client.

Adding remarkable customer service and a recognition within the industry makes it the perfect trading experience that a trader may possibly have. These traits, and more, are met and maintained by DotBig, a financial broker that is suitable both for beginner and experienced traders who aim to involve themselves in markets around the globe. Trading CFD’s on IRESS is much better than other trading platforms we have seen. You will have access to customized charting tools, technical analysis, and the ability to store and save your charts. CFD traders have access to more than 10,000 underlying assets, across all global markets. For a new CFD trading account, the minimum deposit requirement is $1,000. DotBig offers all traders the MT4/MT5 trading platforms and select clients may qualify for the Iress trading platform, restricted by geographical location.