Key points about Dotbig: Cryptocurrency Trading Opportunities
Broker Dotbig is a company founded in 2003. This is one of the popular brokers that offers favourable conditions for trading various assets, including cryptocurrencies. The Dotbig service has a reasonably high position among cryptocurrency brokers with a large daily trading volume. The project covers almost all countries and has an impressive customer base. You can learn more about the conditions that the broker offers from DotBig Ltd review.
Brief information about the broker
Cryptocurrencies are available for trading, as well as other types of assets. But it is worth focusing on cryptocurrencies. The exchange interface integrates the MT4 and MT5 trading platforms, as well as the company’s own development – the DotBig Web trading terminal. On the Dotbig site, there is one general account for trading all derivative assets.
Account replenishment is implemented through various payment systems, including the possibility of replenishment through a crypto wallet. The purchase of digital assets is possible with a card from any bank. It is possible to replenish the deposit with fiat, but only by bank transfer or using e-wallets.
Funds are withdrawn not only in cryptocurrency but also in the same ways that are available for replenishment. There is no commission for deposits and withdrawals, but it all depends on the payment system you use. A characteristic feature of the Dotbig trading platform is copy trading (copying trades of successful traders).
The official Dotbig resource is available in several languages, including English and Russian. There is a mobile app and a desktop version of the site.
Markets Dotbig
Dotbig forex broker features spot and leveraged derivatives markets. In addition, over-the-counter transactions and copy trading are available to users.
The derivatives market is divided into USDT-M and COIN-M. Derivatives trading is implemented through the Single Accounts feature in USDT. All contracts have common parameters: account balance, losses, profits, leverage, and risk.
The maximum leverage is 120x. The amount of leverage varies depending on the selected asset, including cryptocurrencies.
You can trade futures in cross margin and isolated margin mode. The site developers provide a demo account. Trading with virtual funds allows you to choose a comfortable instrument and test your trading strategy in a risk-free environment.
Dotbig broker interface
The copy trading function allows you to receive passive income. The user will make a profit by subscribing to the profiles of professional traders and copying their trades. The amount of profit is equal to 10% of the profit of professionals.
Deposit/withdrawal of funds
- You can replenish the deposit on Dotbig through a crypto wallet by selecting the desired coin in advance. The minimum deposit amount is equivalent to $100. Cryptocurrencies are purchased from a card of any bank.
- Funds are also withdrawn in cryptocurrency to the wallet. An internal transfer to another user is available.
- There are withdrawal limits.
Reviews
The Dotbig site has a high-reliability rating. The broker values its reputation and maintains a high status. The platform offers a wide range of various tools for trading and passive income. Users note high liquidity for traded pairs and acceptable commission fees.
Demo trading
Dotbig company has one of the most convenient demo account systems among all crypto brokers. No need to register a separate account or perform other unnecessary actions. It is enough to go to the appropriate section. And you can immediately start trading virtual assets.
Conclusion
Dotbig LTD is a centralized cryptocurrency broker offering functionality for futures trading, demo trading, trading, and copy trading. In addition, there is a demo account that allows you to pre-try the trading instruments.
DotBig has been on the market for a long time, but there are few reviews about it on the Internet. But all mentions of the broker from traders were positive. In particular, the reviews of dotbig.com, in review mentions about company’s positively – favorable trading conditions, the minimum deposit, convenient platform, and its advanced features for work. But despite all the positive aspects, you can also meet complaints from its customers related to problems with the withdrawal of funds. To a greater extent, they mention long-term withdrawals and, in some cases, commissions.
Otherwise, this broker can be trusted and it already has its own audience of traders. A convenient trading terminal, various withdrawal methods, professional support, a license, and various investment programs – all this has a positive effect on the image of the project, presents really good opportunities for traders, so it’s worth trying to trade with it.