Dukascopy Review
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Dukascopy is one of the premium forex brokers in the Swiss marketplace.
Although these particular forex brokers require large deposits, many individuals are willing to work with them if they are experienced in forex training and are interested in entering into this particular market. It is possible to trade any currency pair within this system.
They are regulated and come highly recommended by anybody that we have seen who has used this particular platform. If you are interested in entering into the forex market through a swiss broker, this is one that you should look at.
Go to the official Dukascopy Platform site >>
Testimonials
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Actual Customer Feedback: “dukascopy is best for swiss brokerage” “I am with then for a long time. They are the best and they provide very high liquidity.” “Dukascopy offers pleasant and comfortable trading through its multilingual interface” “Dukascopy has a great trading platform but no training for the beginner. If you are new to forex you may want to consider a different broker.” Actual User Comment from Yahoo Answers “Look like they are in a good position to become a bank. Let’s see. In term of execution, I am with them for 1 year, and I really appreciate. Specially these days, when liquidity is an issue.” |
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Dukascopy – Review Detail
| General Trading Features | |
| Minimum Deposit | $50,000 |
| Minimum Transaction Size | $250,000 |
| Non-currency Forex Products | None |
| Currencies Traded | All Major |
| Spreads | 0.5 – 1 pip |
| Commissions & Charges | |
| Commission free trading? |  |
| Commission free deposits & withdrawals? | |
| Unique Trading Features | |
| Base account currencies | All Major |
| Speedy Buy/Sell | Yes |
| Stop Loss executed exactly on rate | Yes |
| Trading Hours | |
| Customer Access | 24 x 7 Access |
| Normal Trading Hours | 06:00 Monday Sydney time until 17:00 Friday New York Time |
| User’s Interface | |
| 24 x 7 Access | |
| Customer Support | Via Phone, Skype and Email |
| Ease of Use | Very User Friendly |
| Online Trading | |
| Web Interface | |
| Website Languages | 8 Languages Available |
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| Demo accounts | |
| Live Training | |
| Online Chat | Via Skype |
| Deposits & Withdrawals | |
| Commission on profit withdrawals | $20 per million traded |
| Fund withdrawals to credit-card account | |
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Support & Customer Service:
Dukascopy has a number of different contact options for their clients. They have a number of email address that will route your questions or comments to the appropriate department. They also have phone contacts and a Skype contact available. For problems that may occur, they also have a dedicated emergency number that you can call at any time.
Minimum Deposit:
$50,000 minimum deposit for a Interbank Account, up to a $1,000,000 minimum deposit for a VIP account
Payments Accepted:
Dukascopy accepts wire transfer or checks to their bank account, details on the bank account will be provided upon successful registration.
Time to Initial Trade:
You can begin trading immediately upon acceptance into the program and once your wire transfer or check is processed.
Levels of Experience Welcomed:
This system can be used by any level of experience but since it is a higher end platform, it is typically only used by those who are experienced in forex marketing.
Start Trading with Dukascopy here >>
Conclusion
Although Dukascopy is generally reserved for larger financial institutions, they do also have the option available for accounts if you are an individual as well. They are a professional broker and you can be expected to be treated properly. The only drawback about Ducascopy is that they have high minimum deposit, but if you are going to go with a platform of this caliber, that won’t concern you.
Please comment below and tell us your real experiences about Dukascopy.
