Precision charting with drawing tools and over 45 built-in indicators.
Clients are also offered additional facilities to avoid negative balance in unforeseen circumstances. Also, it is worth noting that Dotbig has a maximum first deposit limit of $1000 AUD or equivalent for card payments and a daily cap of $10000 AUD or equivalent per transaction, per card, per account.
The account supports a couple of currencies such as AUD, USD, CAD, EUR, JPY, GBP, SGD, and NZD. While you have an array of funding methods, withdrawal requests are processed via bank wire transfer only and may take between a day or three business days to be completed. With a registered account, you can access the Web Trader account from your browser. Precision charting with drawing tools and over 45 built-in indicators. A request to settle a debt, taxes or other amount owing and to send money via courier, prepaid bank card or gift card.
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Dotbig itself is regulated by the Vanuatu Financial Services Commission . The experienced broker also has a regularly updated Frequently Asked Questions section where traders can find https://www.cnbc.com/money-in-motion/ answers to most of their major questions and concerns. No wonder the CV Magazines Corporate Excellence Awards awarded Dotbig the 2020 Best Customer Service award as a CFD broker.
- Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money.
- The broker does not currently offer brokerage services to residents of certain jurisdictions such as North Korea, United States and some other regions.
- There are ZERO account opening or maintenance fees on all Dotbig live CFD trading accounts to ensure that there is no company pressure on clients regarding funding.
- Dotbig allow traders from every part of the world to access different financial markets.
- Brokers who are Market Makers, or who offer fixed spreads, often offer commission-free trading.
Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions. Video tutorials – which show traders how to make the most from the Dotbig trading platform. It helps traders gain more agility and precision in addition to providing handy platform shortcuts.
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The broker does also offer attractive bonuses such as the 50% deposit bonus which increases the funds available to trade with. To gain access to this course which features over 100+ videos, clients need to have a live and funded trading account with $500 or more. Additionally, all clients can access the MetaTrader marketplace to access thousands of additional https://en.wikipedia.org/wiki/Foreign_exchange_market trading tools and strategies for automated trading. Furthermore, there are a variety of research tools provided by Trading Central which are covered in the Research section further down. Dotbig provides further security by holding client funds in segregated accounts from company funds which are held with Australia’s AA rated National Australia Bank.
Please note that the above request was done after a full investigation of the available prices Moneta was streaming to the client terminal. Dotbig must provide a proper educational section, currently not available. Overseeing only 18 brokerages, the Cayman Islands Monetary Authority lacks the prestige of other regulators but does provide adequate protection. Dotbig is a part of Vantage Group, regulated by the Vanuatu Financial Services Commission .