The broker is a mandatory intermediary between the trader (investor) and the exchange. Its basic function is to conclude transactions for the purchase and sale of currency, securities, or assets on behalf of the client for a commission fee. Depending on the trading experience and the chosen strategy, brokerage services are crucial for each investor.
Beginners who want to try their hand at the stock market should not neglect the additional features of the service. It makes sense to spend more money on training and analysis so that trading will be more successful and profitable.
For experienced investors, the quality of brokerage services depends on the efficiency and technical capabilities of the Forex exchange.
Besides, it is important to choose a trading platform, like DotBig broker, with a comprehensive set of payment gateways to make fast and secure transactions.
Which Payment Method to Choose?
It all depends on your preferences. First of all, decide on the currency. If it is inconvenient for you to deposit US dollars, choose one of the available local methods. Next, base your choice on the following properties:
- The reliability of the payment system. Read the reviews on the Internet if you have not worked with this method before.
- The speed of payment processing. It is always better for a user to work with instant transfer tools. It usually applies to e-wallets.
- Commission. There is no point in explaining that the lower the commission, the better for you.
- Convenience. Everyone has their preferences here. Make sure you are completely satisfied with the payment gateway before choosing it as a way to top up your account with a broker.
DotBig Deposit and Withdrawal
One of the most common questions related to online trading is – can I get my money back? And even if it is possible, will I face any additional costs, delays, or difficulties when trying to withdraw my uninvested funds?
DotBig Forex is a reliable broker that executes all withdrawal requests quickly and securely.
It offers customers a wide range of available payment systems. You can top up your deposit using bank cards, e-wallets, bank transfers, alternative payment methods, and cryptocurrencies.
Deposit
To top up your payment balance on DotBig exchange, follow these steps:
- Head to the platform dotbig.com
- Run your profile using valid username and password.
- Find the payments section — “Banking Services” — and log in to it.
- Choose a payment instrument to top up your account.
- Enter the amount you are depositing to the balance in the form on the screen.
- Click the “Confirm” button.
- Wait for the funds to arrive. As a rule, such applications are processed promptly, without delay.
To start trading, you make a minimum deposit of $100 on the DotBig site. There is no commission for replenishment of the balance. However, when withdrawing funds from the account, users pay a certain percentage.
Withdrawal
The withdrawing funds on the DotBig exchange goes standardly:
- Enter your account on the DotBig trading platform.
- Go to the banking services section.
- Pick the “Withdrawn funds” section here.
- Decide how much money you want to withdraw from the balance to your account or card, and specify the amount in the appropriate line. Remember that the minimum withdrawal amount from this broker is $50.
- Select the payment method with which you will receive the earned funds.
- Send a withdrawal request to the site operators.
You can independently track the status of your application in the banking services section.
Also today, the “Financial Concierge” function is available for the broker’s clients. You will only be able to take advantage of the benefits if you activate a Premium account.
The amount of the commission for depositing and withdrawing funds.
Fees for Transactions
According to DotBig reviews, it becomes clear that there are no hidden fees here. The current conditions and requirements for depositing and withdrawing money from the balance are described in detail in the “Payment Information” section on the broker’s website.
When a customer makes a deposit, he does not pay any commission fees. In case of withdrawal of funds from your account, the service fee is no more than 3.5% of the amount. The final percentage depends on the payment gateway, the type of account, and the size of the payment transaction.
In addition to withdrawal fees, the trader should also be aware of possible conversion fees. They are usually applied if the bank account or card is denominated in a currency other than the currency of the funds that the user withdraws from the broker’s account.