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Dukascopy FX - Swiss Forex Brokers

Company
Name of the Broker Dukascopy FX - Swiss Forex Brokers-
Broker
Accounts
Demo account link
Live account link
Ratings
Overall Rating 8-
Safety of funds 7-
Software ease of use 7-
Tools and resources 8-
Set-up process 6-
Customer support 7-
Timeliness of application 7-
Funding options 7-
General
Dealing desk/NDD
Minimum account size 50-
Max leverage -
Application processing time -
Fixed spreads no-
Fractional pips no-
Automated trading no-
Offer options no-
News and Charts
Free charts yes-
Free charts with broker feed yes-
Premium charts w/feed yes-
Trading off charts no-
News yes-
Economic calendar yes-
Applications and Usability
Integrated charts yes-
Integrated news yes-
Margin watcher yes-
Trailing stops yes-
Web based application yes-
Downloadable application yes-
MT4 available no-
Training video available yes-
Usability of software (1=poor, 5=very good) yes-
Courses and Webinars
Free training signals no-
Webinars no-
Beginner course no-
Intermediate course no-
Advanced course no-
Help and Support
Phone Support +41 (22) 799 48 88-
Live Chat Live Chat-
Email support Email Support-
Other Details
CFTC/NFA member no-
FSA (London) no-
Other (by whom) -
Segregated account available yes-
Segregated account standard yes-
Client funds held separate from operating funds yes-
Balance sheet available no-
NFA member page -

Ideal Dukascopy Trader:

Dukascopy is ideal for larger traders who want anonymous trading and the ability to trade $100,000,000 a clip with one-click execution

Who Dukascopy is Not Ideal for:

Smaller forex traders looking for mini or micro accounts. If you are looking for this there are great micro account options elsewhere.

Basic Information About Dukascopy:

Dukascopy, which started in 1998, is a Swiss Forex Brokerage House that provides traders access to the interbank market for spot forex.  In addition to having full Prime Broker capabilities, Dukacopy recently applied for the Banking License to further increase the safety of their clients funds.

Dukascopy provides one of the most liquid forex networks in the world and focuses on raising the industry standards in quality, technology, and security.  Unlike most forex brokers who choose to mark up the spread an undetermined amount, Dukascopy charges a small commission which is often much smaller than a marked up spread.

Dukascopy comissions

Most Popular Features at Dukascopy

  • Anonymous trading - A Dukascopy a client can buy/sell billions of dollars ANONYMOUSLY without engaging in phone based currency dealing.
  • Transparent trading environment where traders receive prices from a variety of banks and have no mark up in the spread.
  • Large volumes automatically offset between a variety of counterpaties to limit market movement from any one liquidity provider
  • Dukascopy is designed for traders who want efficient execution with larger lot sizes
  • Dukascopy adds an average of one new liquidity provider each month
  • Ability to create an automated trading strategy is part of the Jforex Platform
  • Trading philosophy of Dukascopy is based on principles of equal competition and absence of conflicts of interest
  • Scalping is permitted

Dukascopy - SWFX Swiss FX Marketplace Trading Software Highlights

Dukascopy swiss fx marketplace trading software
  • One click trading
  • Depth of market information
  • GTC / Good For / Good Till functionality
  • Slippage Control
  • Streaming news
  • Advanced charting and technical analysis built in
  • Real-time interbank rates

Spreads and Commissions and Dukascopy

The spreads at Dukascopy are shown at interbank prices with no mark-up. In lieu of a misleading mark-up, Dukascopy charges a small commission per trade. The commission structure is listed below.

Regulation

Dukascopy Suisse (SA) is a member of ARIF, has a share capital of CHF 22’000’000, and currently has its financial audited by SCF Révision SA. Dukascopy also has applied to become a licensed Swiss bank, which further increases the safety of their clients funds.

To Open A Live Dukascopy Account

To open a live Dukacsopy account, please fill out the form located here

To Open a Demo Account at Dukascopy

To start trading on a demo account at Dukascopy, please fill out the form located here

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