Dough LLC is a US-based broker-dealer and member of FINRA, SIPC, and NFA. They provide traders with an intuitive mobile trading platform for trading stocks, options, futures, and ETFs. Traders benefit from a selection of educational resources as well as a competent customer support team. No commission is charged on trades.
Dough Review, Pros & Cons
- User-friendly mobile trading platform
- Educational resources
- No minimum deposit requirement
- Zero commissions
- No standalone trading tools
- Limited account options
- Limited deposit & withdrawal methods
- Limited trading instruments compared to some other US brokers
- No MetaTrader platforms
In this detailed Dough review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Dough is an online financial services provider that is focused on offering easy access to the global financial markets. They allow clients to trade the available financial markets using an in-house-developed trading platform, which is available as a mobile app. There is no minimum deposit required to open up a dough trading account.
Dough LLC (“dough”) is a registered broker-dealer and member of FINRA, NFA, and SIPC that provides mobile application-based stock brokerage services to self-directed investors.
Dough is currently available to US citizens, US Green Card holders (permanent residents), and US VISA document holders (non-resident aliens). Dough’s mobile application and brokerage services are not intended for persons of any jurisdiction where Dough is not authorized to do business or where such products and other services offered by Dough would be contrary to the securities regulations or other local laws and regulations of that jurisdiction.
Some Dough features and products mentioned within this Dough review may not be available to traders from certain countries because of legal restrictions.
Traders are provided with the Dough platform, a proprietary trading platform that is designed to ensure seamless trading of the provided financial assets. The platform is compatible with Android and iOS devices and can be freely downloaded from the respective app stores. It allows you to get access to your trading accounts and place trades on the go.
Dough Trading Tools
There are no standalone trading tools on the broker’s website at the moment.
To ensure traders make knowledgeable trading decisions, Dough makes available a good selection of educational resources on its website. These learning resources include blogs, learning articles, video podcasts, and an FAQ section that answers some of the common questions that traders may have.
Dough offers the following trading products: stocks, options, futures, ETFs, and more.
Dough Accounts & Fees
The broker offers the Dough trading account; it is a live trading account that requires no minimum deposit to begin trading.
As broker fees can vary and change, there may be additional fees that are not listed in this Dough review. It is imperative to ensure that you check and understand all of the latest information before you open a Dough broker account for online trading.
Traders are provided with a client support team who are polite and prompt in response. The support team can be reached via the Live Chat function and some selected social media channels — Facebook, Instagram, Twitter, LinkedIn, and Youtube.
Dough Deposit & Withdrawal
At dough, you can deposit and withdraw funds using any of the following methods:
- Linking your bank account, which allows you to seamlessly fund your account by way of an ACH deposit
- Transferring an existing brokerage account from another institution via ACAT
- Bank Wire Transfers
Dough Account Opening
To open an account, click on the ‘Sign Up’ icon at the top-right corner of the broker’s website. Fill in the account application form and submit it. A welcome mail will be sent to your email address, so you can verify your email address and sign in.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree with them.
Dough is a multi-asset brokerage firm that is developed for the next generation of traders. It has an intuitively designed mobile app that allows you to trade various financial markets with ease. They provide educational resources, as well as a responsive client support team to assist traders. There is no minimum deposit requirement.
Margin trading involves interest charges and risks, including the potential to lose more funds than deposited or the need to deposit additional funds. Margin trading increases your buying power but also increases your level of market risk. Before using margin, customers must determine whether this type of trading strategy is right for them given their specific investment objectives, risk tolerance, experience, and financial situation. Short selling is available to eligible margin account customers based on their risk tolerance, experience, and financial situation.