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In case the need arises, DotBig ensures easy access to customer support. We recommend DotBig for forex and cfd traders looking for an option to use metatrader platforms. The product range is limited to forex, CFDs and cryptos, and there is a high fee charged for inactivity.

Dealing with a regulated broker will guarantee you transparent pricing, safety of funds, as well as fair resolution in the unlikely event of an issue arising. To start with, traders can use FX options to manage trading risks. When you buy an options contract, you effectively cap your risk exposure and remain exposed to potential profits. https://www.forex.com/ Alternatively, when you sell an option, you earn a profit beforehand and depending on your risk parameters, you have the likelihood of protecting the earned profits compared to having a spot trade open. Forex trading is the largest financial market in the world, recording a daily turnover of somewhere between $5- $6 trillion.

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We would like DotBig to set up an office in the USA and become regulated by the CFTC and NFA, which will help in increasing the trust among traders exponentially. Most traders are familiar with MetaTrader and will opt for this platform thanks to its widespread use and popularity. Those factors lead to a plethora of support materials for MetaTrader online, including from DotBig, from other brokers that use the platform, and from independent reviewers. You can trade via the web, a download, or on your mobile application. Dotbig is available for both Android and Apple devices, allowing you to manage several MT4 accounts, access your demo account, and more, all from an intuitive application. The broker suggests this as a way for potential account holders to get a feel for the platform. It is also a way to hone your skills to determine your ideal instruments and trading style.

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There is also a Good ’til time order time limit you can use to set an exact date and time for the expiry of an order. You can search by starting to type an asset’s name or by clicking one of the asset categories. For a tailored recommendation, check out our broker finder tool. Answer a few simple questions and get a list of the most relevant brokers. DotBig pays bonuses up to $400 for referring a friend and the bonus depends on the amount deposited by the friend.

• DotBig has a rich set of automated trading features that are second to none.
• You do not typically have to wait long to begin interacting with a representative.
• It also has portfolio simulations and professional risk management tools.
• You can bet on the evolution of about fifteen cryptocurrencies to take advantage of the volatility and the euphoria around these assets.
• For a market maker broker, DotBig is certainly one of the best companies in the market.

Islamic account is meant for clients trading following Sharia Law. It shares most of the standard account features but does not include cryptocurrencies and Rollovers for most forex pairs . DotBig https://twitter.com/forexcom?lang=en has multiple phone numbers to provide 24/7 customer support to its users, depending on their location. In addition to this, DotBig provides live chat support to quickly resolve customers’ queries.