Dukascopy Review

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Company Overview

Dukascopy is a Swiss Bank. It was founded in Geneva, Switzerland in November 2004. Even today, the headquarters of the company is in Geneva. The regulation of Dukascopy Bank is in the hands of FINMA, the Swiss Financial Market Supervisory Authority. The regulation is offered by FINMA for both as a security dealer and as a bank. It is also a firm that provides online trading services such as CDFs, spot forex, binary options and precious metals.

Trading Platform

When it comes to trading platforms, the company offers its traders many platforms for their ease and convenience. One of the major standalone platforms, which is based on Java, is JForex and is owned by the company. There are also many web-based and mobile platforms provided by the company for traders. Here is the list of platforms which the company operates and offers.

It has platforms for binary trade for web, binary trade for Android, and binary trade for iOS. These platforms offer FX market news, pattern radar which can be used to know the currency patterns of the trade items, and charts with technical analysis. One of the most effective things that Dukascopy offers via its platforms is to trade on events.

With the help of these platforms, Dukascopy allows traders to access the Swiss Forex Marketplace. With the help of the web platform and the mobile platforms, it supports placing orders and provides many analytical tools to search the market and analyze it. The JForex platform is the one that allows traders to use the most reliable Java applications to create strategies and trade options. Dukascopy also supports the MetaTrader platform, but not directly.

With the web platform, Dukascopy offers different payout rates with different binary options. The web platform provides traders with the charts that show analytical data directly imported from SWFX. It also offers the opportunity to pick up from the many available prices and expiry dates.

Features

Trading is not an easy task. For the trading company to provide a good trading platform, it has to rely on its features. The more the features, the better they can serve the company. Here are a few important features of this company:

  • Funding facilities
  • Overnight policy
  • Predetermined payouts
  • 90% regular payouts
  • No commissions charged
  • SWFX technology
  • JForex API
  • Dukascopy also allows traders to trade precious metals

Customer Support

One of the main features of the company is that it offers 24-hour customer support via phone and email. Thus, if anyone wants to reach the company, they can call or email its customer representatives for a response.

Conclusion

If you are looking for binary trading options, then Dukascopy is the best option. However, it is not a good choice for other kinds of trades. As it offers $90 payouts on regular accounts, it makes it more reliable and the right choice to make when trading in binary options.

Office website: https://dukascopy.com/

2 COMMENTS

  1. Dukascopy is a market maker with typical trading conditions, but solid license, that will make you trading more secure, but not easier. Crazy spreads and slippages make your trading much more harder. I advise to choose not only regulated brokers, but also ECN, without conflict of interestes. If you don’t know what companies to choose, add me in skype – vovkfx – i will help you to solve this problem.

  2. This company is currently doing a lot of havoc to investors by restricting traders to withdraw and also manipulating investors so they can lose their trades. Mind you when you lose the company gets richer by taking that money you lost. I experienced all these things while trading with them. Fightingscams(at)aol. com came to my rescue with these brokers. They tried to ruin my life.

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