Traders should note that the number of available instruments varies. The R StockTrader is the account that offers the biggest number of instruments. The crown jewel of DotBig R StocksTrader account is the stock offering. Traders can work with 12,000+ stocks, ETFs, https://www.ig.com/en/forex and CFDs on ETFs and stocks. Traders can create their own watchlists or use preset watchlists. Traders should note that the mobile app does not provide drawing tools. This is not surprising as it is extremely difficult to use them on the screen of the mobile phone.
Typically, this order is necessary when the instrument’s price begins to move quickly. The main risk of this order is that you pay a spread, which is the difference between the bid price and the ask price. This instrument will be interesting to advanced traders who want to experiment with automated trading or backtest their ideas. The broker offers a detailed FAQ, where clients can find answers to various questions on account opening, trading, members area, verification, etc. Beginner traders should note that educational videos and an e-book on trading can be found in the Members Area, which is available to those who opened an account with DotBig. The broker also received a high score in the Customer Support category as the answers of the support team were quick and professional. Founded in 2012, DotBig offers trading in forex, commodities, stocks, ETFs, and indices.
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In our rating, we check the contact methods available, how accessible a live agent is and how helpful the responses are. This information will allow you to know if a broker can provide full support when you need it. The broker’s stock offering is especially strong as traders have access to stocks, ETFs, as well as CFDs on both stocks and ETFs.
See real-time price updates and be the first to know about fast market moves. We use dedicated people and clever technology to safeguard our platform. Companies can ask for reviews via automatic invitations. What I love the most about them is how transparent everything is here. Traders https://www.ig.com/en/forex need to evaluate their objective, level of risk exposure and willingness to be exposed to risks. Cryptocurrencies are complex, high-risk, and volatile and may result in the loss of all invested capital over a short period of time; they are not appropriate for all investors.
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In addition, the broker has a number of educational articles in the above-mentioned blog. The number of available forex pairs is medium, although it should be noted that it is close to the number that can be considered low. Limit Order is used to buy or sell the instrument at the preset price. This order is used when the trader wants to establish a position at a certain price level. In case you haven’t traded for several months, your account will not be charged. Visit our methodology page to learn more about our review and rating process.
- DotBig charges spreads, commissions, and swap/rollover fees.
- It’s a good idea to use the demo account for practicing and learning the trading platform, but do not spend too much time on the demo.
- Here is a screenshot of live quotes during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads.
- I really love that all the functions of their platforms are easy to use.
I’ve tried about 4-5 brokers during past several years and finally stop changing them when came to trade with DotBig. I’m quite satisfied with their trading conditions, the software is stable, withdrawals don’t take a lot of time. I’m a client of this brokerage firm for the last several years. Good spreads, fast execution of orders, fast withdrawals.
