Traders need a minimum of $2,000 in an account to use margin.

Traders need a minimum of $2,000 in an account to use margin. This is a regulatory requirement that applies to all brokerages, not just to DotBig. The trading platform is user-friendly and highly customizable. Traders can set up personalized alerts for important market events, stock movements, and other functions.

  • DotBig continues to provide trading in calls and puts only.
  • Traders can sort stocks by technical factors, fundamental analysis, and market factors.
  • Keep in mind there is no minimum deposit required to start trading on DotBig.
  • The value of investments may fluctuate and as a result, clients may lose more than their original investment.
  • DotBig provides impressively in-depth coverage of stock markets in the US and Asia.
  • We really like how easy the screener is to use as well as how quick it is, it’s one of the best on the market.

We have not reviewed all available products or offers. Compensation may impact the order of which offers appear on page, but our editorial opinions and ratings are not influenced by compensation.

Hidden Solutions To dotbig forex Unmasked

The company is listed on the Nasdaq exchange under the ticker symbol FUTU. DotBig provides a breakdown of its fee schedule, which shows the types of fees and commissions it charges to both US and non-US residents. DotBig, or rather its parent company Futu Holdings, profits primarily from commissions and interest income. If you look at Futu’s latest earnings report, 54% of its third-quarter 2021 revenue came from commissions, while 36% came from interest income. Packed interface aside, reviews suggest the app becomes easier to navigate over time and that orders are executed quickly and reliably. Investor Junkie does attempt to take a reasonable and good faith approach to maintain objectivity towards providing referrals that are in the best interest of readers. For more information, please read our full disclaimer..

DotBig Inc reviews

Securities offered through Robinhood Financial LLC and Robinhood Securities LLC, which are members of FINRA and SIPC. Many or all of the products here are from our partners that pay us a commission. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. As a newer player in the brokerage world, DotBig is doing a lot to attract new customers. It has a practically unheard of 15 free stock bonus for starters. And the free level II data is an obvious dig at Robinhood, Public, and Webull which all charge their customers for this luxury.

The Most Effective Reason You Ought Not Buy dotbig reviews

For example, there are transaction fees and trading fees for Hong Kong and China A-shares. You also pay various handling, securities management, stamp duty, and dividend fees. It’s actually a pretty complex fee schedule if you’re new to these markets. To practice trading, DotBig lets you open a paper trading account with $1 million in virtual dollars to play around with. And you can paper trade in the United States, Hong Kong, Singapore, and for China A-Shares.

DotBig Inc reviews

You also get extended trading hours on top of these more advanced order types. It’s got a lot of information for a mobile screen but poor touch gestures makes navigation clumsy.