Dot Fin-Overview of Minimum Deposit, Leverage, Spreads

General Information & Regulation

Dot Fin, a trading name of Dot Fin Capital Limited, presents itself as a dynamic forex broking firm registered in the United Kingdom that claims to provide its clients with various tradable financial instruments with flexible leverage up to 500:1 and tight spreads from 0.2 pips on the MT5 for desktop, MT5 for Android, MT5 for iOS and MT5 Webtrader trading platforms, as well as 24/5 customer support service. Here is the home page of this brokers official site:

As for regulation, it has been verified that Dot Fin does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.25/10. Please be aware of the risk.

Market Instruments

Dot Fin advertises that it offers access to a wide range of trading instruments in financial markets, including forex, cryptocurrencies, indices, commodities and shares.

Account Types

Dot Fin claims to offer demo and live accounts, yet it says nothing about the minimum initial deposit requirement to open an account.

Leverage

Dot Fin offers flexible leverage ranging from 1:1 to 500:1. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads

Dot Fin claims to provide tight spreads starting from 0.2 pips.

Trading Platform Available

Platforms available for trading at Dot Fin are MT5 for desktop, MT5 for Android, MT5 for iOS and MT5 Webtrader. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Deposit & Withdrawal

Dot Fin says to accept deposits and withdrawals via credit/debit cards (Visa, Visa Electron, MasterCard, Maestro), e-payments (Neteller, Skrill, Perfect Money) and bank wire transfers. The minimum deposit requirement is $100 or equivalent in any other currency. The minimum withdrawal amount is $250, while $500 is for Bank wire transfer withdrawals. Most deposits are instant and most withdrawals require 24 working hours to be processed. While bank wire transfers deposits and withdrawals take up to 2-5 business days.

Customer Support

Dot Fin‘s customer support can be reached Mon - Fri: 9 am to 6 pm by sending messages online to get in touch. You can also follow this broker on social media platforms such as Twitter, Facebook and LinkedIn. Company address: 71-75, Shelton Street, Covent Garden, London, WC2H 9JQ. However, this broker doesn’t disclose other more direct contact information like telephone numbers or the email address that most brokers offer.

Risk Warning

Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.