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DotBig is a legally registered forex broker located in Saint Vincent and the Grenadines, but not regulated by any government agency.
DotBig accepts clients from all over the world, excluding USA, Canada, Estonia and some other countries where restrictions apply.
Forex broker offers the following underlying assets for trading.
| 70+ Currency Pairs | Based on major and minor world currencies. |
| 300+ Crypto Pairs | Based on various prominent coins and tokens. |
| 10 Indice CFDs | Based on baskets of different blue-chip stocks. |
| 2 Metal CFDs | Based on Gold and Silver. |
| 3 Energy CFDs | Based on Crude Oil (WTI, Brent) and Natural Gas. |
| 200+ Stock CFDs | Based on shares of US, UK and EU companies. |
| 20+ ETF CFDs | Based on exchange-traded funds containing various tradable assets. |
DotBig is a forex broker registered in Saint Vincent and the Grenadines, a popular offshore jurisdiction where forex brokers are not regulated by the government. Like most other offshore-registered forex brokers, DotBig accepts clients from nearly all countries in the world and offers high trading leverage.
A notable thing that makes DotBig stand out from its competitors is the range of investment choices it offers. Besides the standard choices such as major and minor forex pairs, stock indices, single stocks and popular commodities, DotBig also offers a huge selection of more than 300 crypto pairs and 20 exchange-traded funds (ETFs).
What's more, however, is that DotBig is one of just a few forex brokers globally that offers certain venture investments directly to its clients. The venture investments can be found through a dedicated section on the broker's website, and clients need to join the “DotBig Venture Investment Club” in order to participate in these investments. Needless to say, this could be a great opportunity for clients that qualify, given how difficult it can otherwise be for smaller investors to participate in venture deals and make money before a stock gets listed on the public markets.
Additionally, DotBig also offers a huge convenience for clients in the form of its own Visa payments card. The card can be used to make purchases straight from a trader's DotBig account, essentially eliminating the need to make withdrawals from DotBig to other bank accounts. It's also possible to hold these funds in crypto, thus giving users the chance to try out a real Bitcoin standard for themselves.
In terms of trading platforms, DotBig has chosen to focus on its own web-based solution known as DotBig Web. Compared to other and more traditional trading platforms, DotBig's platform is minimalistic with a simple user interface, and should therefore be easy enough to use even for beginners. What we wonder, however, is if the platform has all of the functions that more advanced traders need. For instance, platforms like MT4 have access to hundreds and even thousands of technical indicators and trading strategies, which is definitely not the case with DotBig's platform.
As part of its trading platform, DotBig has developed an innovative trading signal algorithm that allows traders to receive buy and sell alerts based on certain conditions. Among these signal algorithms is an interesting news trading algorithm that automatically analyzes the importance of certain news events for specific trading pairs. Notably, this can give traders the chance to quickly react to, and potentially profit from, market-moving news.
Unlike many other forex brokers we have reviewed here on FX-List, DotBig offers only a single trading account type for its clients, in addition to a demo account. The trading account can be funded with Visa and MasterCard, bank transfers, electronic money services like PayPal, Wise or Qiwi, and the cryptocurrencies Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and Litecoin (LTC).
The minimum deposit amount across all funding methods is $100, and the broker does not charge any fees for processing deposits.
To contact DotBig's customer support team, clients can use either a UK or Singapore-registered phone number, live chat, or email. The broker promises that its support lines are open 24 hours a day, 7 days per week, which is certainly great if true.
All in all, we feel that DotBig is a forex broker that is trying to penetrate not just the market for forex trading, but also for stocks and crypto. The broker has a strong focus on these asset classes, which differentiates it from many other forex brokers out there. One thing we do miss, though, is more choices when it comes to trading platforms, particularly for the more advanced traders.
