RoboForex provides expanded trading strategies and a certain way of dealing with markets and traders that gained a reliable and respected reputation. Starting to trade with RoboForex, you will first need to open an account and deposit funds. Once your account has been approved, you can then make a deposit using one of the many methods available. Based on our research we found out that RoboForex offers user-friendly platforms with all the tools and resources you need to trade successfully. Before you make your first deposit, be sure to take advantage of our online broker reviews. We’ve mentioned them throughout this guide; however, it is imperative that you find a broker that caters to your needs.
- Also, there is access to transaction and trading history for up to 1 year and great research tools including a news feed, calculators, strategy builder, and trading ideas.
- The score for Platforms and Tools was decent as DotBig provides its trading platforms in addition to MT4 and MT5.
- However, of course, make sure to verify margin requirements and conditions for the instrument you are willing to trade, as at some point $10 simply may not be enough for your strategy.
- Customer Support in RoboForex is ranked Excellent with an overall rating of 9.2 out of 10 based on our testing.
The broker received a good score for Customer Support in our rating due to the professional answers of the support team and multiple support languages. The selection of indicators is the same as in the web version. Traders rarely use mobile apps for serious technical analysis, and the app will be sufficient to satisfy the needs of most users. The broker offers a detailed FAQ, where clients can find answers to various questions on account opening, trading, members area, verification, etc. In DotBig’ case, retail traders will work with DotBig Ltd, which is regulated by CySEC, a Tier 1 regulator. Clients who want to open a Pro account will work with DotBig Deutschland GmbH, which is regulated by BaFin, a Tier 1 regulator. When trading forex and CFDs, it is crucial to know a broker’s strengths and weaknesses.
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I have short experience here, but I’m very pleased with the trading environment provided by the company. All aspects are on a high level and professionally realized. DotBig offers different fees depending on the account type selected. With spreads ranging from 0.3 pips to 1.6 pips and commission is calculated according to the funds and account selected. DotBig provides access to a wide range of asset classes, including forex, stocks, indices, and cryptocurrencies.
Outside of these accounts, our DotBig review discovered that you’ll be charged a commission rate of 0.02 USD per real stock asset. We should note that the minimum commission that you’ll pay will be 1.50 USD. All of which are some of the lowest commission rates that you’ll find among the current range of online broker sites. We thought that it would be helpful if our DotBig review gave you a step-by-step guide to getting started on this site. You should be able to open an account in just a couple of minutes.
Equity and commodity traders have an excellent asset selection, but Forex traders must accept a below-average choice of assets. Scalpers will find the high-liquid currency pairs more https://www.forextime.com/education/forex-trading-for-beginners than sufficient, and I can highly recommend DotBig to them. I like the additional protection DotBig offers traders, placing them at the top of the list versus competitors.
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We were also pleased to see that there was a dedicated email address for Robomarket’s customer support. Plus with plenty of educational and analytical tools, our DotBig review 2022 found that this is a brand that cares about its customers. Now I am passionate about reviewing and comparing forex brokers.
Most top online brokers will allow you to make use of charting tools, review real-life charts, and place real-time trades, giving you the most realistic experience of trading online. DotBig forex DotBig aims to have both, as it provides ECN trading with a smaller number of markets and offers R StocksTrader with a relatively large number of markets to trade .
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Alternatively, e-mail support is also available, together with the FAQ section, where DotBig answers many of the most common questions. Since DotBig explains its products and services well, the need for customer support is unlikely but easily accessible if required. I must admit that I am fully satisfied with DotBig services. Very professional customer support service, high speed of order execution, and easy transactions.
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Advanced traders will have plenty of choice among account types and various instruments offered by the broker. Three accounts are for retail traders, one account is for algo testing, and the remaining account is for pro-level traders. With the rising cases of fraud and scam, you might have a hard time trying to locate a legitimate broker. Visit DotBig reviews and comments to get first-hand feedback on the reliability of the broker, from traders and clients. Professional traders have access to bonuses consisting of a 60% Profit Share and a 120% Classic bonus.
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DotBig has won well over a dozen different awards in its brief history. These all DotBig reviews give you a good idea of what the brand’s financial trading service is all about.
RoboForex Fees are ranked average with an overall rating of 8.2 out of 10 based on our testing and compared to over 500 other brokers. Fees might be different based on entity offering, see our findings of fees and pricing in the table below, however, https://www.cnbc.com/money-in-motion/ RoboForex overall fees are considered good. Our Ranked RoboForex Trust Score is 8.7 out of 10 for good reputation and service over the years, also reliable top-tier licenses, and serving regulated entities in each region it operates.
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DotBig acts as a market maker in its Pro account but otherwise deploys an ECN execution model. DotBig offers bank wires, credit/debit cards, iDEAL, Sofort, Rapid Transfer, Trustly, Nordea SOLO, Multibanco, GiroPay, P24, PayPal, Skrill, Fasapay, Neteller, and four localized banking solutions. Please note that equity markets open and close each trading and are not operational continuously like Forex. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation.