Dukascopy Review
Forex broker general information
Dukascopy forex broker is a major Swiss Forex broker established in 1998 and famous for large-volume traders. They offer both anonymous and automated forex trading options and a single-click execution system for large orders. Dukascopy helps you to trade in Swiss Forex marketplace.
It has a widespread network consisting of major banking partners, enabling the broker to comprehensive Prime Broker capacity and it is dedicated to maximum level of security and transparency in the industry. Some information from this review we took from Dukascopy Review.
Trading platforms
Dukascopy JForex platform is ideally designed for both automated and manual trading. It has been created for those traders who want to use automated trading or want to develop and test their trading strategies sing JAVA. This platform has an interface and functionality that is similar to that of the Java platform. Additionally, there is a cross-platform interface that has been built-in for executing custom strategies. There are technical analysis tools, integrated for enabling you to follow positions using the charts.
This platform enables you to get comprehensive knowledge about the market by providing real-time interbank rates. It is possible to use between the Java or Web platform versions. Other features include:
• Standard limit orders
• Stop loss
• Take profit
• Additional slippage control
• Advanced Charting
• Streaming news
• Technical analysis
Traders can engage in hedging and the Trade Desk Support can be reached 24 by 6 days. One of the most unique features of JForex is that it can work effectively even when the lot sizes are higher, for example above 5 million.
MetaTrader 4 – The globally renowned platform enables traders to get total control over the process of order execution, which is the main reason traders with huge capital give it first preference. For example, you can trade several billions of dollars in a single-click trading environment with utmost security. MT4 also gives you the facility to trail stops.
Social network
The online trader has thousands of followers and fans on its Twitter and Facebook profile pages.
Payment methods
Dukascopy gives you three easy methods for funding your trading account. These are:
• Wire Transfer
• Credit Cards
• Debit Cards
Support
This brokerage house offer high-quality customer care services. In addition to offering distance-mode customer support services, they also greet their clients in person at their headquarters in Geneva. Other modes of contact include phone, fax, live chat, e-mail and even Skype.
Conclusion
This Forex broker offers a solid platform having some of the best features for protecting its clients, while offering good quality service. They are backed up by sufficient amount of liquidity, and they have better slippage control and low spreads.
Dukascopy is regulated by the Swiss legal system and it is extremely easy to open an account, even though it takes a little amount of time. As the performance of the real account is the same as that of the demo account, you don’t have to face any surprises when you upgrade from the demo account to the real account. Their customer support quality is one of the major factors for their success.
