Doto
Questions & Answers

What do u mean? Best way? You basically can just hold positions longer than usual without worrying about swap rates, dude...

Well, if you know exactly how interest rates of central banks influence FX currencies, then I don’t think you’ll have any issues. Swaps on some exotic pairs are actually attractive enough that I started keeping small long-term positions. I never thought I’d say that but it adds up nicely over a few weeks.

I like your style, straight to the point :) objectively speaking, trading-wise you shouldn’t expect any major issues. The biggest issues for me were a few executions on my pending order when it had a pretty big slippage, but this is normal when you try to trade nfp news with pending orders. Unfortunately, this was not a solution, even though I thought it might work. I use metatrader and have no other complaints. The biggest disappointments with brokers happen when you try to withdraw your profits… no issues to report with withdrawals.

I think it’s a really helpful tool. Use it as a support tool for your trading strategy, and it will most probably boost your trading performance. Plus, I highly recommend trying out AI signals, they're my favorite because they automatically set stop loss and take profit orders for you.

If I have to choose, then i'd say more helpful for intraday than scalping. Because scalpers usually have extremely specific SL that makes sure their RR is right, because if RR is distrupted then WR is disrupted, and with them having lower winrates, it would make the whole thing less effective in temrs of risk and profit. That's why for intraday you can allow more calculated risks. However, the best approach is still to just get recommendations from AI but still value your own analysis.

Yeah, me too, this broker continues innovative updates, improving more and more their AI features. Good job, by the way. Compared to the last version of AI integration, hints to display possible SL and TP levels, these are actually market insights. Of course, it doesn’t mean that i started fully rely on these signals, but as confirmation to entry and bias, very good update, which works on both mobile and web. Important quality, since sometimes I don’t have time, sitting in front of PC all day. Their mobile app is decent even for analysis, especially if you have folded screen ;)

First of all, it is hardly possible that something goes wrong with the service, doto has proven to be a very reliable and trusty broker. However, it’s always possible. On the good side, they have a compensation fund of up to 20,000 dollars as part of the Financial Commission membership. But this only applies if broker misconduct is proven and it resulted with you losing some funds. It doesn't apply if you contact the customer support and they replay the next day and you decide to complain and get their money 😀 This is why i said that it’s hardly possible because doto is an excellent and honest broker :)

Oh man, their custom trading platform is so much better than MT in my opinion. First, let me tell you that I’m not a fan of MT and didn’t trade there regularly, because the trading platform feels like a BRICK. Honestly, it feels so clunky and outdated that I’m shocked how people are going for it over modern trading platforms like one in doto. How is it better? First of all - charts. In MT it was kinda tough to make technical analysis, because it doesn’t feel ‘flexible’. Plus, it was hard for me personally to correctly place rectangles, boxes etc, because I couldn’t find a magnet that would stick my mouse to the candlestick. On the other hand, tradingview charts are the best when it comes to technical analysis. I know many traders who make TA in tradingview, and then a place a trade on mt, but what’s the point of making several steps if everything can be done in one platform. Secondly, it’s easier to navigate inside and the platform feels faster. Self explanatory, there is no need for words on this one. Finally, the doto platform features an artificial intelligence that makes technical analysis itself and give you trading ideas. It sets the take profit and stop loss orders as well, all you need to do is just press ‘on’ button and see the magic happen.

Yep, a few months ago, Doto released one of the biggest updates ever. They added AI powered SL and TP which you can place in %, you better sign up and check it out on your own to understand what Ima talking about. In addition, they updated watchlists on the platform, Trumponomics was something new and it was useful to track what assets are mostly affected by Trump’s announcements. Fyi, you’re able to trade with TradingView’s chart in the mobile app. In the end, YES! Doto review its trading services and they strive to make the trading environment better and more comfortable.