Your review should be about your own experience of using the broker you are reviewing. In order to leave a review on Traders Union, you will need to first register as a user. Your profile should be linked to your email so that we can contact you if need be. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in the use of our website. If you even enquire to this company, then they will never leave you alone. The hard sell is a substitute for a quality product.The only way I can get some revenge is to post my message here.

  • The base store for a Silver record is 500$ however differs relying upon the record type.
  • Funds are not transferred to the manager and remain on the client’s account.
  • It is a very high amount as compared to other regulated brokers.
  • In the list that opens, select "Open Account" to open a live trading account, or "Open Demo Account" to open a demo account.
  • Withdrawals to credit cards can only be done to the total amount of the deposit from that particular card.
  • So, you do not have to worry about this issue at all because here you are protected by all means.

DotBig forex deposit options You can use one of the EFTpay, MyFatoorah, Mastercard, Visa, Skrill, Wire Transfer, Neteller, Bank Direct, Interac, and Load methods to fund your DotBig account. You can see the supported currencies, minimum deposit amounts, and transaction times on the DotBig forex platform’s page for deposits and withdrawals. DotBig does not provide social trading to its customers. Social trading refers to a platform provided by brokers where all traders can share their trading ideas. The beginners in trading can learn from the established profitable trades of experienced traders. The social platform allows traders to avail the benefits of a trading community and to learn while watching others. The operations of the PAMM account give a real-time view of the trading platform.

Demo Account

Once this confidence is established, the investor will be marketed the idea of investing more money to earn greater returns. Additionally, other incentives may also be provided to encourage the investor to get their friends and family onboard the platform too. The live trading accounts of the broker are full of redundant services. Let me share a detailed description of the live trading accounts of DotBig. Saint Vincent and the Grenadines is also a weakly governed developing place for forex brokers. The Financial Supervision Authority does not control their operations.They don’t perform audits on their transactions, they don’t deposit money in segregated accounts in secured banks. All information presented on TopBrokers.com website, including charts, quotes and financial analysis, is informational and doesn`t imply direct instructions for investing.

Constant vigilance should be applied at all times when sending money online. When searching for brokers to conduct your trading activities with, the first and most important step https://en.wikipedia.org/wiki/Foreign_exchange_market should always be to learn about their certification. This will tell you whether they are regulated by a central authority or if DotBig is an offshore and/or unregulated entity.

The Unadvertised Details Into DotBig review That Many People Don’t Find Out About

Apart from this list of murky services, the spread and the leverage ratio are not competitive. There is no availability of the lowest spread in any of the accounts of the broker and the leverage ratio is high. In any case, DotBig’s trading accounts are not beneficial to traders. Legacy FX gives the keys to access the forex market 24 hours a day, 5 days a week, allowing users to trade the most popular major, minor and exotic currency pairs.

DotBig review

We also saw that there was regular communication between You and Your account manager during which he tried his best to assist You at the beginning of Your trading journey. He also gave you opportunities that required a bigger investment but the choice to take advantage of them or https://www.forexlive.com/ not was entirely Yours. Make sure you understand proper risk management before opening up a position. DotBig has a strict compliance and regulatory policy on withdrawal of funds. Withdrawals are subject to various security protocols and ultimately it’s to protect clients funds.

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