ECN Forex Broker Dukascopy

The swiss ECN forex broker Dukascopy is for many experienced forex traders one of the best forex brokers in the world. Dukascopy is the leading broker of our little online poll looking for the best forex broker. 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, 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.

ECN forex

Dukascopy is a so called ECN Forex Broker. ECN stands for "Electronic Communication Network". The spread with ECN brokers is not fixed and varies according to the financial market. Trading with an ECN forex broker is cheaper than with a fixed spread trading broker. With Dukascopy you can trade any style you want, even scalping is allowed. Compared to a retail broker a real ECN broker doesn't trade against it's clients. The ECN Broker just provides access to the market place where traders meet and buy and sell their currencies.

MT4 ECN Bridge

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.

Currency trading with Dukascopy

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 demo version with virtual money until the trader is fit for trading real money. The Dukascopy trading platform provides the trader with lots of tools for risk management and chart analysis. If you don’t have your laptop or PC with you, you can trade via phone on 6 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.

Security

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.

JForex – trade forex automatically with Dukascopy

Dukascopy offers an automated trading solution called JForex. This Java based solution has been developed by Dukascopy themselves and can developed further by the trader. 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 more currency pairs at the same time. You can consider not less than 180 indicators – hard to beat with manual forex trading!

Dukascopy trader’s challenge

Like eToro and other online broker 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 trader. In order to take part in the trader’s challenge you just have to have real 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.

Quick registration

Use this form to register quickliy with Dukascopy:

Dukascopy at a glance


Regulation	KPMG, PKF, ARIF, ACI Suisse
Min. deposit	1000 $
Leverage	1:100
Margin	1,0%
Spread EUR/USD	0,5 -1 pips
Commodities
Currency Pairs	22
min. Lot	100.000
Webtrader
Software	Yes, own software
Demokonto	Yes, free for 14 days