Dukascopy Bank SA reviews

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Dukascopy Bank SA reviews

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Average: 4.6 based on 7 reviews

Dukascopy

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Website: http://www.dukascopy.com

Dukascopy Bank SA claims to provide the following advantages:

Dukascopy offers the best spreads available in the market (0.5 - 1 pip on Majors) thanks to the biggest worldwide liquidity generated by the active participants.
Min deposit to open an account $50 000
SWFX - Swiss Forex Marketplace Platform has been designed for highly accurate instant execution exclusively for professionals. Dukascopy apologizes for not being able to service retail clients.
Dukascopy SWFX - Swiss Forex Marketplace Platform is engineered and optimized to provide the best results when trading lots of over 5 million.
Trading Accounts with Dukascopy can be funded via a money transfer, bank guarantee, Standby Letter of Credit or via segregated accounts with Swiss Private Banks
Through its marketplace technology, Dukascopy is able to avoid any exposure risk and conflict of interest with its clients (Dukascopy is NOT a Market Maker), as all the trades are executed in the network with Forex participants. Dukascopy guarantees transparent and anonymous trading environment.

Dukascopy - is regulated and audited by:
Dukascopy Suisse SA is regulated by Swiss financial control authorities and boasts a shareholder capital of CHF 10,000,000.00.

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REVIEWS & RATINGS


Michael, Germany August 17, 2010	1 year, 3 years Total 2 weeks, 2 months with this Broker

Go Dukascopy! Incredible development over the years. Deposit hasn't been 50k for a long time now, they've reduced it to 1k. Even though I don't know how they pulled it of - providing ECN conditions for retail clients. But I'm impressed.


Laurentiu, Romania August 10, 2010	1 year Total 2 months with this Broker

Excellent execution, no slippage, only problem until now is with the data on their site. The historical sentiment index for the USDJPY is wrong, there are inconsistencies between the data presented on dukaskopy tv and the site. I asked for more detailed information about how the index is being calculated but all I got where vague answers from their support team, this is very strange because in their marketing campaigns there are promoting themselves as the most transparent broker around. I understand that I am a newbie to Forex but if someone will explain why there are 61,23% long on the USDJPY pair 6hours ago and in the last update column there are always 6-10% long or short at any given time. Also why are the numbers different on dukaskopy tv and on the site just for the USDJPY pair?? the rest are all the same. Remember this data is going on many, many other websites and they do not take any responsibility for the accuracy of the data.


Ricardo, Brazil June 18, 2010	5 years Total 3 years live with this Broker

Dukascopy are simply the best ones.
Fast withdrawals and ultra-quick execution for your trades. Now they became a bank to bring us even more confidence and reliability. (I'm not affiliated with them but I trade forex for a living for over 4 years and until today, Dukas is my best shot). Thanks for reading.


Magnet,USA November 3, 2009	7 years Total 5 months live with this Broker

This is a great broker! No problems with orders and withdrawals.I deducted one star because they do not support MetaTrader platform which I like to use.


Ronald August 22, 2009	2 years Total 5 months with this Broker

I’ve been trading at them for half year. And since then I had no big problems, all other was fastly resolved by Dukascopy support. Yes, the technology they use is quite difficult, but after few days you can enjoy the data that is available.

The other thing I enjoyed very much - they have many IB which started a war who will give highest rebates. I started with forextradingchoice.com and now my profit rate is much higher.