This Dukascopy review was conducted by the team of Miniforex.com for those who need to know about the Dukascopy broker. Dukascopy Bank is a Swiss online bank provided that mobile trading and Internet based services with an attention on foreign exchange, binaries and bullion, banking and other financial services through advanced exclusive technological solutions.
Dukascopy Review By MiniForex.com
Dukascopy forex broker is one of the leading retail brokers on the world. It is deeply regulated in several countries, comprising its home country, Switzerland and is one of the first ECNs available to the retail customer. It also provides institutional services.
The company was established on 2 November 2004, and headquarter in Geneva, Switzerland. Dukascopy Bank is regulated by the FINMA or Swiss Financial Market Supervisory Authority both as a bank and a securities’ dealer.
There are numerous accounts at Dukascopy broker . Depending on the monthly traded volume and account size, different overnights and trading commissions are applied. Numerous additional features are available depending on the type of account and customer profile:
The SWFX technology account is a complete service account and the lowest deposit of 100 dollars is required. Though, The bank Bank SA only opens accounts with below 5,000 dollars for the residents of Swiss. For non-Swiss citizens ECN accounts with the lowest deposit of 100 dollars are available only for the customers of Dukascopy Europe.
All accounts provide the same liquidity and quotes for all users, trading of all types counting news trading, scalping etc. and many funding services available, comprising Bank Guarantees, Debit and Credit Cards and Wire Transfers. They entirely trade in EUR, USD, CHF, GBP, AUD, JPY, CAD, HKD, SGD and PLN.
The company provides a 14 day demo account in advance committing to this broker. The bank will regularly have trading competitions, on both the account of live and demo.
The bank charges an amazed list of commissions for their trading service area depending on the extent of your account. For the minimum accounts, it can be as high as $48 per million traded, and for greater accounts, it gets as inexpensive as 5 dollars per million traded.
Dukascopy delivers its individual TV style news reporting. An unconceivable amount of previous programs are archived and can be beheld at any time. These comprise interviews, important analysis and even some entertaining programs such as contests and cartoons.
There is a continuous supply of live Webinars and anybody can sign up to join in them. Actually, Dukascopy Swiss Forex Community TV is a public propagation area and provides traders a chance to earn $30 USD per hour by hosting their individual Webinar and conversing a succeeding topic with other community memberships.
Funding can be prepared to Dukascopy accounts in a several way: bank guarantees, Wire transfers, debit and credit cards.
As like deposit Withdrawals use the same procedures.
Dukascopy Bank SA provides a wide range of contests comprising quarterly, monthly and weekly contests with valued prizes, for example Cartier watches that registered traders have the chance to win. These prizes provide traders an extra inducement to trade lucratively.
At the time of this review, there were numerous contests going at the similar time. The Signal Provider Grand Prix was providing 15,500 dollars quarterly to traders viewing the most reliable long-term trading consequences.
6,000 dollars a quarter was given to the dealer of the time and in the Social Trading Contest, 4,000 dollars monthly was going to the trader who could make the best acting portfolio by copying other traders’ signs.
In the daily Stock Option Competition, 10,000 dollars was awarded every month to traders placing their orders beforehand the bell. The Strategy Contest tests traders in the Forex marketplace who develop a lucrative automated strategy and 19,000 dollars is awarded monthly basis.
There are new poker contests, analytic contests and even a Miss Dukascopy contest with over 200,000 dollars in awards!
For more information about the Dukascopy broker bonus visit “ForexSQ” Dukascopy review page.
Maximum of the instruments are traded on a 24 hour base devoid of interruption, from market opening on Sunday, until market close on Friday.
Customer support is provided through telephone to their Geneva branch, Chat and emails. A call-back request is also presented.
Their Immediate Messenger is a motivating feature that can be downloaded to any smartphone and connects traders openly with the Dukascopy Swiss bank. They privilege they are the only broker to provide this direct communique.
Dukascopy Bank Review Conclusion
If you want to open a free Dukascopy demo account then visit “ToForexBrokers.com” Dukascopy Bank review page. The broker is an outstanding broker for those considering for an expert setting in the Forex world. The broker has long been known to be trustworthy, truthful, and cheap in their commissions. However, there is no real micro account, they do provide a choice of numerous trading accounts. You can download Dukascopy Android app or iTunes IOS application for mobile trading.