User Reviews List of doto - WikiFX

All(44)

Positive(31)

Neutral(13)

Beginner-Friendly Broker Trading

Broker Doto is perfect for beginners because its platform is simple and easy to understand. Plus, there's a free demo account for risk-free practice! The initial capital requirement is also low, so you can easily try forex, stocks, commodities, or crypto trading. Doto is already licensed by international regulators and offers negative balance protection, making it safer. The deposit and withdrawal process is also fee-free, making trading more comfortable. Additionally, you can trade directly from your browser with the familiar Trading View layout, making it even easier to use.

Doto raw spread account

When I signed up, I was confused to see two account types because they didn’t mention anything about this on the website. There were standard and raw spread accs. After thinking over it a little, I chose the latter one because it has narrow spreads, I’d say you hardly see the difference between bid and ask prices, but you gotta pay commissions from $3,5USD per side. I think it’s not critical, kind of a trade-off.

I appreciate their effort

This platform is solid, but it is too versatile and does not cater to a specific trading style effectively. I appreciate their efforts in trying to be a good fit for all trading styles. It’s obvious from the trading engine provided, they even created a custom doto app, which objectively is not bad,. I noticed they introduce recently a raw+ account type, so they fixed one flaw. Now doto is good fit for scalpers too.

Hard to complain when the broker is regulated

Great to see our local fsca license. Maybe that’s why I effortlessly deposit and withdraw, not facing any obstacles or unexpected delay. For sure, it’s why I chose doto, but having a reliable broker was the thing of primary importance. I was fine with trading conditions and their proprietary trading platform. Very convenient to enter the platform, open a couple of trades, and enjoy.

Trading forex majors only

The spreads are not bad, they are in the range from 1 pips to 1.3 for eur/usd. Plus, commissions fees are not charged, but what is charged is this swap fees. I’m sort of new, and didn’t know anything about it, but when I left a trade for two days I was charged by it. They should have notified about that…

The platform with unique features

The platform is packed with features, there are too many of them… The AI is one of them, and it makes signals that can be used. It has the confidence rate as well, and when it’s 4 or 5, I enter the trade, as the accuracy is good. It sets up the profit target and stop loss itself, all I have to do is press the button. And I’m not even kidding, the platform has trumponomics lol. Can’t get much into details, but the idea of making it is genius.

good conditions

found this broker, and actually, i did not hear abt it in the past, so did some checking... first, they have good rating and reviews are mostly positive - a good sign. THen, upon checking their conditions. I found them to be pretty attractive for trading. Whehter it spreads or levereage or swaps, all is ok. I think that it can be good for both intraday day traders and those holding overnight. ONly customer support needs to be faster with replies

YiannisPhillips

Doto FSCA license

It's relieving to see how doto acquired the fsca license which means they're reliable enough to work with. However, I don't like how they don't live up their reputation to this license. I mean, they could offer more benefits, like copy trading, PAMM accounts, or at least access to real shares for long-term investments. They need this flexibility to compete with other brokers and survive in this industry.

Just look at what they have: license from our local fsca. Ngl it was the main reason I joined. Initial impression on demo account also played some role, because for me the platform’s design looked welldesigned, leading to a though that broker cares about investing in their service, a sign of a good company. I focused more on trading crypto and gold. Can’t say costs of trading were low. There are swaps, while spread are ok. Leverage is balanced, but not for btc. X500 ist too much…

Doto Needs improvement

Doto Used their ai feature its nice that it sels SL and TP for you but the quality sometimes is not good for example on lower timeframes the Support and Resistance levels are not where they should be!! THis is why it's not so complete and I would not use AI. just trading is better because it's your own theory and analysis which is based on your expeirence. It's EURJPY on the photo btw.

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