FOREX BROKER REVIEW DUKASCOPY

FOREX BROKER REVIEW DUKASCOPY
Dukascopy, as Swiss banks are known, is effective, fair and support the client's privacy. This forex broker headquartered in Geneva and has representative offices in honk kong, Ukraine and Latvia, with offices opening soon Malaysia and Russia. Gives the well-reputed Swiss forex broker efficient services to clients worldwide and earns our TopTenREVIEWS Silver Award. It ECN broker is a smart choice for experienced, traders and large number of people who want to manage Forex trades using a custodial banking service using another Swiss bank. Although this service allows a minimum first time deposit of 100 USD (Dukascopy EU), the rate of incentives are more useful in order to higher volumes.

This striving foreign exchange broker for optimal transparency. Dukascopy provides both feed price everybody without exception and combines the individual bid / offer all participants SWFX market in one place. It also provides accurate information in terms of liquidity in the market and an adequate amount of liquidity available at any given moment. Dukascopy is also a good reputation for releasing the funds in a timely manner.

Dukascopy Bank SA is a member of l'Association Romande des Intermédiaires Financiers (ARIF) and as of 2010, obtained a license to Swiss banking Financial Market Supervisory Authority (FINMA). Dukascopy is a financial intermediary in compliance with Swiss regulations on Money Laundering. Dukascopy supported a large, global client base with clients trade from Dubai, Munich, Cairo and more. However, the company is not regulated by the US Commodity Futures Trading Commission (CFTC) and does not accept US citizens as clients.

Dukascopy is a selection of low prices for volume traders. With net deposit of $ 10,000, you can trade for a commission price of $ 30 per couple a million money. In other words, you can trade as much 0.1 (10,000 currency pairs) for 30 cents. The more money you deposit, the lower the price of the commission is. Account with a net deposit of over $ 10,000,000 USD will charge you only $ 10 commission amount for one million currency pairs compared to the maximum rate of $ 35 for accounts with a deposit of $ 5,000 USD. Dukascopy supported small spreads down to 0.1 pip, giving volume traders experience more opportunities for profits. Dukascopy Bank SA opens only accounts with less than $ 5,000 USD for Swiss residents. Dukascopy Europe is receiving new ECN account with a minimum deposit of $ 100 USD.

Since Dukascopy is a non-US bank, it supports transactions available up to 100: 1, provided you meet the requirements of the bank margin. Dukascopy Europe offer leverages of up to 200: 1 (on special request). In the United States, the US Commodity Futures Trading Commission (CFTC) forces a limit of 50: 1 available for major currency pairs. However, Dukascopy does not accept US clients.

With part of the capital of 22,000,000 Swiss francs this powerful forex brokers. It is part of the Swiss Foreign Exchange Marketplace and a member of ARIF (Association Romande Des Intermediaires Financiers). The FFA (Federal Finance Administration) regulates forex broker, and its license from FINMA (Swiss Financial Market Supervisory Authority). Arif and FFA work with their members to prevent money laundering.

The wire transfers are the fastest payment method with Dukascopy. However, you can also put these funds by credit card (maximum of $ 10,000 USD), bank guarantee (minimum $ 100,000 USD) or debit card (Maestro, Visa Electron). It should be noted that the conversion fee applies if the base currency is in addition to CHF, EUR, USD or GBP. Also supports Dukascopy Swiss custodian banking services with six banks, including Barclays, Merrill Lynch and Liechtensteinische. The minimum size of the deposit for this option is $ 250,000 USD