Always check the broker’s regulations, know how financially secure the firm is, and find out whether the broker is transparent and reliable. These factors, https://www.dukascopy.com/swiss/english/forex/trading/ calculated into our score, will help you understand if your money is safe. Visit our methodology page to learn more about our review and rating process.
Market Order is used to buy or sell the instrument at the current market price. This order is used when a trader wants to establish a position as fast as possible. 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. The number of drawing tools will be sufficient for most traders.
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I recommend, because I am satisfied with my own cooperation. Working conditions are quite acceptable and comfortable for me.
- Equity traders pay $20 and $15 per $100,000 in nominal value traded, respectively.
- DotBig obtained CySEC oversight in 2013 and a BaFin license in 2019.
- It includes using bank cards, electronic payments, and payment terminals.
- Clients can withdraw funds on the first and the third Tuesday of each calendar month without paying fees.
- DotBig has two entities that are regulated by Tier 1 regulators.
The Prime account offers an average of 0.3 pip spreads on the EUR/USD, and a commission of US Dollar 2 per standard lot , bringing the all-in cost to roughly 0.7 pips. DotBig offers three types of trading platforms, consisting of MetaTrader 4, MetaTrader 5, and R Trader. The Prime Account includes the best trading conditions available at DotBig , which are intended for experienced traders. This account has been specially designed for experienced traders. It is characterized by a healthy competitive trading environment with outstanding quality. Additionally commissions do not exist leading to the minimization of cost. In general, traders should keep in mind that the R StocksTrader account is designed to be a one-stop shop for various instruments, but it is focused on stock traders.
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This is a broker with a relatively wide range of services to offer. Based on our Expert findings,DotBig is considered a good broker with safe and very favorable trading conditions. DotBig offers a range of trading services tailored for both beginner traders and professionals with low initial deposit amounts. DotBig provides five different account types, Prime account, ECN account, R StockTrader account, ProCent account, Pro account, Islamic, Swap-Free, and Risk-Free Demo account options. The minimum deposit amount required to register a DotBig Professional live trading account is $100 USD. DotBig offers plenty of options to choose from in terms of instruments, trading platforms, and account types, which beginners may find confusing. DotBig will likely be of significant interest for advanced traders as it offers many account types and provides access to a huge number of instruments.
DotBig Platforms offers a wide range of trading solutions so you can choose the one which answers your needs and suits your trading style the most. As for the web platforms, you can trade through both popular choices and innovative ones of DotBig’ own development . In terms of funding methods, DotBig offers popular payment systems available at the Company divided into main and most used regulated 3 types. Besides, the commission for depositing funds is always 0%.
