Dukascopy Bank SA Has Direct Access To The Swiss Foreign Exchange Market. The Swiss Foreign Exchange Market Provides The Largest Pool Of ECN Spot Foreign Exchange Liquidity For Banks, Hedge Funds, As Well As Other Institutions And Investors.
Dukascopy Bank Is A Swiss Innovative Online Bank Headquartered In Geneva, Switzerland That Provides Internet-based Mobile Trading Services (focusing On Foreign Exchange, Gold And Silver, Contracts For Difference And Binary Trading), Banking And Other Financial Services Through Proprietary Technology Solutions. The Company Was Established In Geneva On November 2, 2004 And Is Regulated By FINMA, The Swiss Financial Marekt Regulatory Authority. It Is Both A Bank And A Securities Dealer.
Dukascopy Bank Wholly Owns Dukascopy Europe LBSAS (a European Licensed Broker Based In Riga), DukascopyJapan (a Type-1 Licensed Broker Based In Tokyo) And SIADukascopyPayments, A European Licensed Payments And E-money Company Registered In Riga.
In Addition To Its Geneva Headquarters, Dukascopy Bank Has Offices In Dubai, Riga, Kiev, Moscow, Kuala Lumpur And Hong Kong. Currently, Dukascopy Bank Has More Than 300 Employees.
Dukascopy Bank · Company Profile
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Here Are The Highlights Of Dukascopy:
- Wide Range Of Trading Instruments: Dukascopy Offers A Diverse Range Of Trading Instruments Including Forex, Indices, Metals, Stocks, ETFs, Binary Options, Bonds And Cryptocurrencies, Enabling Traders To Diversify Their Portfolios.
- Competitive Spreads And Trading Fees: Dukascopy Offers Relatively Low Spreads, With An Average Spread Of Around 0.3/0 Pips For Popular Currency Pairs Like EUR/USD And USD/JPY. The Default Commission Rate Is 0.7 Pips, Making The Overall Trading Costs Competitive.
Multiple Trading Platforms: Dukascopy Offers A Choice Of Multiple Trading Platforms, Including JForex4, MetaTrader4 (MT4), And The Web Binary Trader System. These Platforms Cater To Different Trading Preferences And Offer Advanced Charting Tools And Features.
Educational Resources: Dukascopy Offers Comprehensive Educational Resources, Including Economic Calendars, Market Reports, Video Tutorials, Community Forums, Blogs, News Updates, Contests, And Workshops. These Resources Can Benefit Traders Of All Skill Levels.
Multilingual Customer Support: Dukascopy Offers A 24/7 Client Server With Support For 13 Different Languages, Ensuring That Traders From Different Regions Can Get Timely Assistance Via Phone, Live Chat, Online Messaging And Social Media Platforms.
What Type Of Broker Is Dukascopy?
Dukascopy Is A Market Maker Broker, Which Means That It Acts As A Counterparty To Its Clients In Trading Operations. That Is, Dukascopy Does Not Directly Connect To The Market, But Acts As An Intermediary And Takes Opposite Positions With Its Clients. As A Result, It Can Offer Faster Order Execution, Tighter Spreads And Greater Leverage Flexibility.
General Information About Dukascopy Bank
This Swiss-based Brokerage Was Founded In 2004 By Dr. Andre Duka And His Partner Veronica Duka. It Has A FINMA License To Serve Retail Clients.
Its Subsidiary, Dukascopy Europe, Serves The European Market Under The Supervision Of The FCMC.
In 2006, The Company Launched Its Banking Business Offering Current Accounts And Credit Card Services. In 2015, Dukascopy Expanded Its E-banking Business With The Acquisition Of Alpari Japan K.K., Which Is Regulated By The FSA.
Dukascopy Europe IBS AS Is An Investment Brokerage Company That Is 100% Owned By Dukascopy Bank SA, A Swiss Foreign Exchange Bank. Under A White Label Agreement With Dukascopy Bank SA, Dukascopy Europe Offers Its Clients Access To The Swiss Foreign Exchange Market Under The Same Conditions As Dukascopy Bank Clients.
