Trading Center


Notice: Undefined offset: 0 in /home/wikipods/public_html/plugins/content/loadmoduleinarticle/loadmoduleinarticle.php on line 74

Notice: Undefined property: stdClass::$params in /home/wikipods/public_html/libraries/joomla/document/html/renderer/module.php on line 71

Notice: Undefined property: stdClass::$module in /home/wikipods/public_html/plugins/system/jat3/jat3/core/joomla/modulehelper.php on line 167

Notice: Undefined property: stdClass::$params in /home/wikipods/public_html/plugins/system/jat3/jat3/core/joomla/modulehelper.php on line 171

Notice: Undefined property: stdClass::$module in /home/wikipods/public_html/plugins/system/jat3/jat3/core/joomla/modulehelper.php on line 174

Forex Broker Review: Dukascopy Bank


Dukascopy Bank Review

» Dukascopy Bank Rating Analysis

DUKASCOPY BANK GENERAL INFORMATION

Found: Dukascopy Bank was found in 1998

Headquarters: Dukascopy Bank has offices in Switzerland

US Residents: Dukascopy Bank doesn’t allow traders from the US –NO-

SWAP-Free Accounts: Dukascopy Bank supports SWAP-Free Accounts –YES-

Regulated: Dukascopy Bank is regulated by FINMA (Swiss Financial Market Supervisory Authority)

Languages: Dukascopy Bank web-site supports 7 languages: English, Spanish, Chinese, Arabic, German, Russian and French.

► Dukascopy Account Types

DUKASCOPY BANK TRADING INFO SUMMARY

Broker Type: ECN

Platforms: Dukascopy Bank Offers a Java and a Web platform plus a Metatrader4 and a Jforex Automated platform

Demo Account: Dukascopy Bank is providing a Demo Account –YES-

Trading Time Zone: GMT

Typical Spread EUR/USD: Dukascopy Bank spread on EUR/USD is 0.8 pip

Leverage: Leverage at Dukascopy Bank can be up to 200:1

Scalping: is allowed at Dukascopy Bank –YES-

Minimum Account: 5,000 USD

Bonus / Rebate: Dukascopy Bank offers 20% Rebate and 10% Equity Bonus

► Learn more about Dukascopy Rebate Plan

► Start an Account with Dukascopy Europe and claim 10% Equity Bonus plus 20% Rebate for the 1st Month 

The greatest innovation offered by Dukascopy Group is the SWFX Marketplace. In the following widget you may observe in real-time the SWFX Sentiment Index.

TRADING ASSETS

DUKASCOPY BANK TRADING ASSETS

Dukascopy Bank is providing the commodities and Forex currencies.

Commodities (Gold and Silver)

Forex Currencies In total more than 50 currencies (Including Majores: EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, EUR/GBP, USD/CAD, NZD/USD, EUR/JPY, EUR/CHF, GBP/JPY, GBP/CHF, CHF/JPY, CAD/CHF, EUR/AUD, EUR/CAD, USD/SEK, AUD/JPY)

COMMISSIONS & LEVERAGE

DUKASCOPY BANK TYPICAL SPREAD & TRADING COMMISSIONS

■ Dukascopy Bank Spread on EUR/USD is 0.4 pip but it can gets as low as 0.25 pips

■ Here are the basic trading commissions based on a volume of 1 million USD.

Amount of Equity

per 1 million USD

Dukascopy Bank Deposit

Bank Guarantees or  Custodian Bank deposits

Forex Currencies

Gold / Silver

Forex Currencies

Precious Gold /Silver

< 5,000 USD

35 USD

52.5 USD

-

-

≥ 5,000 USD

33 USD

49.5 USD

-

-

≥ 10,000 USD

30 USD

45 USD

-

-

≥ 25,000 USD

25 USD

37.5 USD

-

-

≥ 50,000 USD

18 USD

27 USD

-

-

≥ 250,000 USD

16 USD

24 USD

18 USD

27 USD

≥ 500,000 USD

15 USD

22.5 USD

18 USD

27 USD

≥ 1,000,000 USD

14 USD

21 USD

18 USD

27 USD

≥ 5,000,000 USD

12 USD

18 USD

18 USD

27 USD

≥ 10,000,000 USD

10 USD

15 USD

18 USD

27 USD


DUKASCOPY BANK TRADING LEVERAGE

■ Leverage at Dukascopy Bank can be up to 200:1 on weekdays and 60:1 on weekends.

TRADING PLATFORM & MOBILE

DUKASCOPY BANK TRADING PLATFORM

■ Dukascopy Bank is offering a wide variety of Trading Platform. Scalping and hedging are allowed.

■ The 7 languages available at Dukascopy Bank are English, Spanish, Chinese, Arabic, German, Russian and French.

■ Online Platforms include:

1. MetaTrader 4

2. Jforex Automated Platform

3. Java Platform

4. Web Platform

■ Demo account is available at Dukascopy Bank.

SWFX – The Swiss Foreign Exchange Marketplace

The Swiss Foreign Exchange Marketplace is the alternative Dukascopy technological solution to trade the Forex market. This model is focusing on a centralized-decentralized trading structure. In this structure, both buyers and sellers interact to each other on equal terms in a way that billions of dollars may be traded with just-a-click.

DUKASCOPY BANK MOBILE TRADING

Dukascopy Bank supports Android and iPhone devices

NEW ACCOUNT INFORMATION

■ Including Bank Guarantees and Custodian Bank services

■ Dukascopy Bank Minimum Account: The minimum deposit on Dukascopy Bank is 5,000 USD.

 

■ Equity on Dukascopy Bank may be held in: EUR, USD, CHF, JPY, GBP, CAD, SGD, PNL and AUD.

Dukascopy Bank Deposit Methods:

■ Credit cards (MasterCard and Visa)

■ Debit cards (Visa Electron and Maestro)

■ Bank Wire Transfers

Dukascopy Bank Withdrawal Methods:

■ Credit cards (MasterCard and Visa)

■ Debit cards (Visa Electron and Maestro)

■ Bank Wire Transfers

BONUS & REBATES

Dukascopy Bank offers 20% Rebate Plan, ► learn more..

It offers also 10% Equity Bonus

CONTACT INFORMATION

Company: Dukascopy Bank SA

Address: Route de Pre-Bois 20, 1215, Geneva, Switzerland

Phone: +41 (0) 22799 48 88

Fax: +41 (0) 22 799 48 80

Skype: dukascopy

email support: This e-mail address is being protected from spambots. You need JavaScript enabled to view it.

email general info: This e-mail address is being protected from spambots. You need JavaScript enabled to view it.

  

DUKASCOPY BANK PROS AND CONS

(According to the Industry's Competition)

DUKASCOPY BANK REVIEW CONCLUSIONS

DUKASCOPY BANK  PROS

DUKASCOPY BANK CONS

√ Low Spreads compared to competition (especially on EUR/USD and USDJPY)

√ One of the most reliable and highly regulated online Forex brokers in the world

√ High liquidity and unique credit facilities as this broker is actually a Swiss Bank (also bank guarantees and custodian bank services)

√ Scalping and Hedging is allowed

√ A variety of platforms are available plus the innovative JForex platform which enables the use of Expert Advisors

Transparency in transactions, no price or other manipulations

√ Trading Championship

√ 20% TradingCenter Rebate Plan (more..)

 

X Opening an account on Dukascopy Bank requires a lot of documents and time and has a minimum of 5,000 USD

X There is a maintenance fee after the first year of registration (fee charged only on inactive accounts)


Notice: Undefined property: stdClass::$content in /home/wikipods/public_html/templates/system/html/modules.php on line 17

Conclusion:

Dukascopy is certainly one of the safest places to trade the Forex market. Security and reliability are the key advantages of Dukascopy Bank, but also the low spread that they offer. Dukascopy is an ECN Forex broker providing the SWFX. Moreover they provide their clients with many different trading platforms, the unique JForex automated platform plus the option for API trading etc. In overall, Dukascopy Bank can be considered as one of the best choices for Online Forex Brokerage. Keep in mind that before you start trading you have to provide Dukascopy Bank with a wide number of documents proving that you will trade legitimate. Maybe that is the only serious disadvantage that is worth mentioning.

 

► Rebate Plan | ► Dukascopy Bank Accounts Page (20% Rebate Link)

 

► Start an Account with Dukascopy Europe and claim 10% Equity Bonus plus 20% Rebate for the 1st Month 

 

 

MORE REVIEWS

• COMPARE

Forex Brokers Comparison □ Forex Trading Signals Expert Advisors (EAs)    Forex Trading Rebate Plans

• ECN BROKERS

 HotForex  Dukascopy Europe  FXCC Forex  



• STP BROKERS

► XM (XeMarkets) ► IronFx  ETXCapital ► HYMarkets  

• USA TRADERS

► AAAFX Tallinex      

 

■ Dukascopy Bank Review

TradingCenter.org

Advertise with us

Advertise on TradingCenter.org as long as your services can be proven reliable.. »email us..