Dukascopy is an ECN Forex broker regulated by Swiss that provide both Forex trading and also manages accounts of PAMM. IF we read Dukascopy Review we can see that Dukascopy feels proud about the security it offers to the money and their speedy executions. While studying the review, we examined all these claims and came to know that all are perfectly correct. The Dukascopy review discussed below will tell all the necessary information that one should know before opening an account.
General Information: The maximum leverage of Dukascopy is 1.100 and the minimum deal size is 10,000.
Dukascopy provides various trading stages, including Meta Trader4 platform. Meta Trader4 platform is also provided by many other Forex brokers like FXCM and Ava FX. The company also provides a JAVA based stage for the purpose of manula trading. This trading platform is downloadable. Dukascopy also provide “JFOREX” for auto trading purpose. It also offers a web based stage for those people who do not prefer downloading the program. There is also a trading platform for iPhone users also. Dukascopy provides a demo account for 14 days before opening an account. The trading platforms of Dukascopy are safe. Trading can also be performed in a safe manner through online. One click can take you to large number of accounts. Trade can also be done over phone.
Features: The contest conducted by the company is regarded as the most special and different feature about Dukascopy. This contest is conducted every month. In this the trader achieving the best ratings wins a Cartier watch. There are people who consider this feature not so useful. According to them, the congregation of market material offered by Dukascopy including important Forex signals and wide numbers of technical analyses is a more important and useful feature. The company offers market updates through phones, but these updates cannot be accessed to the trading stage, thus lessening the significance of this feature.
Customer Support: Dukascopy provides customer support service for 6 days in a week through phone or email. Unfortunately, live chat facility is not yet offered. The company offers kudos to the company for helping the users to connect with the company through Skype instead of wasting money on long distance phone call.
Simple Method of Using: The Company has the right to access the Swiss Overseas Exchange Market directly. This signifies that it has a direct entry to the Interbank Forex liquidity. It is accessible from any institutions, professional traders and banks. Dukascopy does not provide service to the retail clients, which is the only flaw that we found during our test. Nonetheless, Dukoscopy is an efficient Forex broker. However, for accessing the marketplace, commission is charged. The general commission charged is $20 USD. The program offers the users the capability to act fast depending on the situation of the market.
Dukascopy Miss contest:
Final Thoughts: Opening an account for Swiss broker is more difficult than opening an account online. For signing up, at first one should download the necessary papers, fill it with important information and then send all the documents. It is always said that one should email scanned copies to make sure that everything is perfect before sending the hard copy.