Dukascopy
The Dukascopy system is an enhanced trading platform that has access to the Swiss Foreign Exchange Marketplace. Due to the strict rules in the Swiss Foreign Exchange Marketplace, trading with Dukascopy is relatively conservative and safe. This is one efficient forex broker that thrives on the liquidity of the centralized marketplaces and stable banking partners that will make your forex experience a profitable one. Stricter than most systems, Dukascopy requires users to present documents for fund sourcing and proof of identity to make sure all transactions are legal and legitimate. Trading can also be done over the phone and Dukascopy has outstanding customer support for 24 hours, at least 6 days in the week.
Actual Customer Comments:
“I have an account with them. Their platform is very advanced in terms on charts. The quoting spreads and unbelievable fast execution is amazing. My trading profit is much better with them. Overall I am very happy with Dukascopy.”
Portion of consumer review from www.reviewpips.com
“I have been trading with Dukascopy for over 4 years…Dukascopy is definitely the broker who offers lot of freedom to trade, although you pay commission which you can claim back (up to 35%-40%) by joining trough number of introducing brokers, (who can also give you advice and help with your trading).”
Portion of consumer review from www.forexpeacearmy.com
“May be if you are working in the forex dealing desks of major banks and financial institutions you should try out Dukascopy. It’s got everything that an ECN broker should have and much more!”
Portion of customer review from www.compare-forex.com
According to customer reviews, the advantages of Dukascopy are it provides traders with good slippage control and low spreads. The Swiss legal system will allow for easy opening of account, but it may take longer than usual. This kind of account deals with a highly liquid market and thei customer support is known to be outstanding. Trying with a demo account may be advisable before fully signing up. The difficult part of using Dukascopy is that there is a very high joining fee which is $50,000 per trading account. There is no service either for smaller retail clients and the allowable leverage is only 100:1 here.
Overall verdict:
Excellent! Although this kind of system requires a more premier client with $50,000 to shell out, it makes up for the minimum cost by providing a safe trading experience with superior customer support.
Product Details:
Name: Dukascopy
Website: www.dukascopy.com
Price: $50,000.00
Delivery: Instant access
