DotBig LTD is an online broker that has been around since 2003. It offers a selection of web, desktop, and mobile platforms for online trading. If you find the trading conditions of this broker profitable, you should find out if its platforms will cover your needs. Here are the basics about the online services of the DotBig company.
Are you willing to buy and exchange multiple assets on various financial markets? Do you find such an activity a profitable venue? Are you willing to have the possibility to trade wherever you are and whenever you need? If your answer to these questions is yes, all you should do is to find effective solutions for traders and investors that will provide you with all the mentioned capabilities.
Table of Contents
Supported trading platforms
Every platform has a unique set of features and solutions, and it’s up to you which one to choose. The decision must be well-thought-out because it will heavily impact your overall trading experience. That is why it’s vital to examine such characteristics as trading tools, research tools, training programs, customer support, and ease of navigation.
Your decision is completely up to your preferences because some platforms and services might be inefficient for experienced traders but very useful for newbies. On the whole, DotBig LTD provides access to DotBig Web, DotBig mobile, and MetaTrader 5. The first two solutions are original developments, while MT5 by MetaQuotes is often applied by other brokers as one of the most effective terminals.
More about MetaTrader 5
MT5 is a very popular trading terminal. According to DotBig testimonials, many experienced traders, who are keen on using advanced tools, find this platform very effective and usable.
MT5 is not complicated to use, so newbies can also trade through it. Beginners like the level of customizability of this digital solution. Traders also fancy the selection of order types. The whole listing includes 8 pending orders. Additionally, it provides the integral economic calendar, which is a good tool for making quick and updated analyses.
The fact that MetaTrader 5 is offered by an extensive number of forex brokers and exchange platforms doesn’t mean it doesn’t have negative sides. The most common disadvantages are the following:
- some necessary instruments may be far too complicated for new users to use, which may cause a lot of inconveniences;
- those who have been trading on MetaTrader 4 will need to take time to get used to MetaTrader 5 because the updated version applies different data processing mechanisms;
- Hedging for exchange markets is not available.
- MetaTrader 5 doesn’t allow hedging for exchange markets.
Introduction to DotBig Web
Very often, it’s simply inconvenient to download desktop platforms. Your software might not support the terminal or might be too slow to run it correctly. This is when web terminals, such as DotBig Web, become useful.
DotBig Web allows following the financial markets with the help of the economic calendar. It’s also praised for robust charting tools. With this system, quotes are changing online without the need to refresh the page. Orders are executed very fast if your browser is capable of executing such operations at the appropriate speed.
From DotBig testimonials, we see that beginners like DotBig web because of trade signals. These are special robots that help to make profitable deals in an automotive mode.
However, unlike MT5, DotBig web is a poor option for research-based trading. The thing is that the platform does not display the news section, which is inconvenient for users because they have to look for updated information somewhere else. Time is money.
Copy and trade
Newbies may also benefit from using a social or copy trading platform. DotBig offers a special solution that allows following professional traders for a small fee. The concept is prosaic – you copy deals of successful traders and if they succeed, you will earn money. To do this, you don’t even need to do any kind of research – everything is exposed.
App for trading from your smartphone
Mobile trading applications are very useful because they allow traders to stay tuned to their trading progress wherever they are. They can quickly close deals or open new ones. DotBig has a mobile app with extensive functionality. It offers a stop loss feature and more than 150 trading amenities that assist in making an efficient analysis,
Summary
If we estimate the online features, we should conclude that DotBig is quite an advanced trading company. It offers enough efficient tools to make regular profits if used effectively. All you need to do is to implement them into your trading strategy correctly. Take some time to learn how to develop a strategy and try your skills on a demo account.
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