Dukascopy FX - Swiss Forex Brokers
| Company | ||
|---|---|---|
| Name of the Broker | - | |
| Broker | ||
| Accounts | ||
| Demo account link | Demo Account | - |
| Live account link | Live Account | - |
| 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 |  | - |
| Fractional pips | | - |
| Automated trading | | - |
| Offer options | | - |
| News and Charts | ||
| Free charts |  | - |
| Free charts with broker feed | | - |
| Premium charts w/feed | | - |
| Trading off charts | | - |
| News | | - |
| Economic calendar | | - |
| Applications and Usability | ||
| Integrated charts | | - |
| Integrated news | | - |
| Margin watcher | | - |
| Trailing stops | | - |
| Web based application | | - |
| Downloadable application | | - |
| MT4 available | | - |
| Training video available | | - |
| Usability of software (1=poor, 5=very good) | | - |
| Courses and Webinars | ||
| Free training signals | | - |
| Webinars | | - |
| Beginner course | | - |
| Intermediate course | | - |
| Advanced course | | - |
| Help and Support | ||
| Phone Support | +41 (22) 799 48 88 | - |
| Live Chat | Live Chat | - |
| Email support | Email Support | - |
| Other Details | ||
| CFTC/NFA member | | - |
| FSA (London) | | - |
| Other (by whom) | - | |
| Segregated account available | | - |
| Segregated account standard | | - |
| Client funds held separate from operating funds | | - |
| Balance sheet available | | - |
| 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.
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
- 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
