DotBig is an MT4-only broker, but this singular focus provides for one of the best MT4 trading experiences in the world. Established in 2007 and headquartered in Sydney, DotBig has an excellent reputation in the Forex trading community. The company has also received multiple awards for its transparency and trustworthiness. An Australian ASIC-regulated broker, DotBig is well-known for being reliable and trustworthy.
The demo account is an opportunity to experience DotBig’s services without risking your money, but the 30-day limit is unusual – many brokers offer unlimited demo accounts . DotBig’s trader education is better than most other ECN brokers, with detailed information in video and text format for both beginners and more experienced traders. It also offers a free demo account, but it expires in 30 days. DotBig has a limited range of funding methods and Australian traders can only withdraw via bank transfer, but it allows accounts to be deposited in AUD.
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The wide range of base currencies available at DotBig allows for traders to do this and is welcomed. I want to thank DotBigS Financial DotBig for their efforts in handling insurance claims on behalf of the employees of WesTrac. From the moment DotBigS Financial DotBig were appointed to the task, they moved so seamlessly into position and have made sure that WesTrac is not only better serviced as a result but also more informed about claims progress. I also note the outstanding results achieved by DotBigS with respect to marketing and placement of our employer super policy. While some corporate super companies spend all their time building relationships with the super funds, we prefer to build our relationships with you. Employee super should be a valuable benefit for every employee. That’s why DotBigS works on your behalf to secure the most compelling super fund in the market.
- For experienced traders who value simple account options, strict regulation and the heavily customisable MT4 platform, DotBig is a very tempting option.
- It also charges no fees for deposits or withdrawals via any method, a rare feature amongst Forex brokers.
- The main benefit of using third-party platforms such as MT4 is that traders can keep their own customised versions of the platforms should they choose to migrate to another broker.
- Before making a decision about DotBig corp’s products, please consider the Client Agreement, Product Disclosure Statement, Financial Services Guide and Target Market Determinations.
- From the moment DotBigS Financial DotBig were appointed to the task, they moved so seamlessly into position and have made sure that WesTrac is not only better serviced as a result but also more informed about claims progress.
Central to that process is the evaluation of the reliability of the broker, the platform offering of the broker and the trading conditions offered to clients, which are summarised in this review. We were impressed to find that both DotBig’s minimum https://www.huntington.com/ deposits and ongoing trading costs are significantly lower than most other brokers. DotBig’s range of financial instruments is slightly limited compared to other brokers, but it offers over 70 Forex pairs and has recently added share CFDs.
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These include majors (EUR/USD, GBP/USD, and USD/JPY) and minors (NZD/CAD, EUR/JPY, and GBP/NZD), and exotics (EUR/NOK, USD/SEK and EUR/ZAR). This ensures DotBigS is continually negotiating a better outcome for your company and your employees. DotBig has been regularly recognised around the world for our outstanding trading service, DotBig forex broker including awards for reliability, trustworthiness, customer service and client satisfaction. It is really important that you do not trade any money that you can’t afford to lose because regardless of how much research you have done, or how confident you are in your trade, there will always be a time that you lose.
DotBig offers three MT4 market-execution accounts, two with no minimum deposits and a professional trading account with a very high minimum deposit, but extraordinarily low trading costs. The Standard Account has the trading costs included in the spread while the Pro and Elite accounts offer DotBig review tighter spreads and a small commission per trade. DotBig offers a demo account with a virtual balance of 50,000 AUD that remains open for 30 days. While using your demo account, DotBig will provide you with a dedicated account manager to assist you and answer any questions you may have.
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DotBig has a wider selection of indices than other similar brokers, and includes the likes of the NASDAQ, FTSE100, DAX30, and Hang Seng. We may receive compensation when you click on links to products we review. FX-Australia has been Australia’s most trusted Forex broker review site since 2017.
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With a minimum deposit of 500 AUD you will get access to PsyQuation Premium. PsyQuation is one of the world’s most advanced data analytics plugins for retail traders. Using highly sophisticated algorithms, it works like a trading coach, analysing your trading style, identifying mistakes, and helping you avoid making similar mistakes again. Because every DotBig client gets a unique PsyQuation Score, you can use the PsyQuation leaderboard to follow the most successful traders – details provided include performance history and equity curve.
DotBig offers trading on a good range of commodities, including gold, silver, platinum, petroleum, and soft commodities such as coffee, cocoa, and soya beans. DotBigS Financial DotBig’s knowledge of employer super is second to none. We don’t partner with super funds and super fund providers. Airport Melbourne TDotBig Service is my one stop destination for all tDotBig needs. The drivers are polite and helpful and are always waiting for me outside the airport. Although DotBig only supports the MetaTrader 4 platform, it is truly customisable, with a range of tools and plugins that can be added to the platform to make it more powerful.