The swiss ECN forex broker Dukascopy is for many experienced forex traders one of the best forex brokers in the world. Above all traders appreciate this swiss broker’s reliability, integrity and high performance trading platform. Whereas eToro is rather the broker for beginners who want to learn forex trading from scratch or who are looking for an advanced social trading environment, Dukascopy is the perfect broker for experienced forex traders and serious investors, looking for a real ECN Broker. Your account can be opened in 7 different currencies: USD, CHF, EUR, GBP, JPY, CAD and AUD. The minimum deposit for private investors is $1000. Dukascopy exists since 1998 and is backed by a stock volume of 22 million CHF. The Dukascopy bank is regulated by swiss law, the broker is member of the ARIF (self-regulation) and meets the money laundering regulations in Switzerland. The forex broker convinces with extremely tight spreads of 0,5 – 1 pip for EUR/USD and 1 – 2 pips for GBP/USD.
Dukascopy can now be used with MT4, via MT4 ECN Bridge, which wasn't possible to date as this software was primarily developed for retail brokers. A MT5 ECN Bridge for the swiss forex market is in planning. The bridge interacts between the Metatrader 4 platform and the JForex Platform where the trades eventually are executed. This means that from now on you can run your EA with this perfect and fast ECN Broker via MT4 ECN Bridge.
Dukascopy provides direct access to the swiss forex market. This broker works with their own software jforex which is downloadable for free. The software of the Dukascopy Bank SA SWFX is java based and can be testet in a free demo version with virtual money until the trader is fit for trading real money. Java means that this platform is even fit for your Mac. The Dukascopy trading platform provides the trader with lots of tools for risk management and charting analysis. If you don’t have your laptop or PC with you, you can trade via phone on 5 days per week. Like the forex broker FXPRIMUS Dukascopy SA counts on a rugged and powerful technology of their trading platform which starts with a high performance hardware and a thousand times tested software. There are no trading restrictions, you can trade any style you want – be it news trading or scalping. Dukascopy do not only provide their customers with a leverage but with a unique pip and leverage calculator.
Dukascopy offers 6 trading platforms to their clients:
Dukascopy is always anxious to improve their technologies and set new benchmarks. When it comes to protection of data, Dukascopy emphasizes the swiss law which sets very strict standards. Your data is safe with Dukascopy. The broker offers a guaranteed stop loss, so you don't need to worry about gaps (that hardly occur in the forex market anyway). Dukascopy Bank SA is, like all banks and securities dealers in Switzerland, mandatory signatory of the "Swiss banks and securities dealers’ agreement regarding deposits protection". Deposits are protected until maximum CHF 100’000.- for each client.
Dukascopy offers an automated trading solution called JForex. This Java based solution has been developed by Dukascopy and can developed further by the trader. There are even contests on the platform on a regular basis in order to honor the best stratey builder and his or her performance. In the Jstore you can download a certain strategy that fits to your needs. This option of enhancement marks out the JForex software from other automated trading solutions. At the same time the JForex is platform independent and the same trading strategy can be used for many forex pairs at the same time. You can consider not less than 180 indicators – hard to beat with manual forex trading! If you like automated trading solutions you will like Dukascopy as well.
Like eToro and other online brokers Dukascopy runs a trader’s challenge on a regular basis. Every month the best forex trader is awarded with a very precious swiss watch and must reveal their trading strategy with Dukascopy tv. This is to encourage junior traders to become a successful forex traders. In order to take part in the trader’s challenge you just have to have a real money account with Dukascopy and execute 10 trades per month. The main criteria to win the challenge is your realized profit within 1 month. But the lucky winner must commit oneself to transparency and reveal their strategy in an interview on Dukascopy TV. The challenge shall not incite traders to trade with a higher risk but to promote transparency in forex trading. The lucky winner is invited to Geneva where he is given a precious “Quinting & Dukascopy” watch worth 15.000 CHF (!) which is only worn by few people in the world like Vladimir Putin and Bill Clinton.
Use this form to register quickliy with Dukascopy:
|Regulation||KPMG, PKF, ARIF, ACI Suisse|
|Min. deposit||1000 $|
|Spread EUR/USD||0,2 -1 pips|
|Demokonto||Yes, free for 14 days|