It’s difficult to keep track of the modern forex industry because of its full-scale, unstoppable development. More brokers appear on the market and start providing various brokerage services, mainly access to various financial markets and assets.

The number of new companies is increasing so quickly that beginning traders may often make wrong decisions and provide their personal data when creating accounts to unreliable providers that promise fast and big profits.

In fact, detecting a scam in the forex industry might not be an easy task. The most common way is to examine reviews of clients. We’ve looked through DotBig testimonials and might conclude that we haven’t found any significant clue that would indicate the unreliable status of this broker.

DotBig LTD Review

The company effectively integrates means to fight money-laundering crimes and to prevent scammers from entering their platforms. KYC mechanisms help the broker to detect whether the potential clients might be allowed to access the DotBig platform.

If you want, you may study more about security measures provided by the DotBig forex broker. It’s necessary to do to make sure your funds will be safe. Since we see no evidence to state the opposite, we’ve prepared this guide on creating a personal account.

Creating a Personal Account

Creating a personal account takes place in several sequential and intuitive steps:

1.  Client Agreement

Every broker must have a client agreement where it states all the conditions of the cooperation with potential clients. It contains information about trading operations, fees, commissions, procedures, additional expenses, losses, profits, etc. When you are creating an account, you have to accept this agreement.

That is why you need to study it closely. Maybe, you won’t like something about the privacy policy or other stuff. If you accept the agreement and find out that you don’t like something, the broker won’t cover this. That is why be attentive when agreeing to any conditions and requirements.

2.  Enter the Official Website of the Broker

The next step to be taken is getting familiar with the website and its navigation. You may be willing to learn something more about broker’s platforms, services, and offered assets. All the information is exposed on the website. Then, find the registration button in the top right corner and click it to start the enrollment procedure.

3.  Provide the Information

When you click the button, you will see a special window requesting your personal information. You should fill in this form and write down your full name, email, phone, and country. To get to the next stage, you have to confirm that you agree with the conditions discussed in the first stage.

4.  Verify Your Account

The last stage is account verification. You won’t be allowed to take part in trading activity through the broker’s platform until you finish this procedure. This mechanism is the way to make sure that you are a real user but not a scammer who wants to create a few accounts.

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The instructions on how to complete the verification procedure will be sent to your email. Basically, the broker needs to get your ID data provided from the appropriate official documents.

It’s worth mentioning that the verification is the only stage from this list that is often discussed in DotBig testimonials. The thing is that the majority of clients, who complain about it, don’t like that this process takes a long time. They report that, quite often, it might be worth two days waiting.

Account Types

    • Demo account. Demo accounts are designed to help beginners gain their first experience in online trading on various marketplaces. With the help of such solutions, newbies can sample their current knowledge and skills in real market conditions but without risking their real funds. DotBig provides such a possibility. To activate it here, you have to register and then make a request. 
    • Basic. This type of account is where you access all basic features and all markets for a minimum deposit of $250. 
    • Standard. If you make a deposit of $2,500 and activate the standard account, you will acquire access to additional perks and a free withdrawal once a month. 
    • Silver. Professional individual or institutional investors may deposit $10,000 and activate the silver account with professional consultations from the company’s manager, personal strategy development and other benefits. 
    • Platinum. Those who can deposit $25,000 might gain access to all the mentioned perks, plus, a 10% swap return and 3 commission-free withdrawals per month. 
    • Islamic. This is a swap-free account for Islamic clients. 
    • PAMM.

Final Words

You may use this guide when creating a personal account with DotBig if something seems unclear. In the end, we want to notify you once more that you should be very attentive when accepting conditions. We find them normal, but you are better examine them on your own and only then make a well-thought-out decision.