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Dukascopy
Dukascopy is a reputable broker and bank that has been operating since 2004. With its Swiss bank license obtained in 2010, Dukascopy is regulated by FINMA in Switzerland and JFSA in Japan. The company's headquarters are located in Geneva, Switzerland, and it has international offices in China, Japan, Latvia, Malaysia, Russia, Ukraine, and UAE. Dukascopy offers a proprietary trading platform called JForex 3, which supports algorithmic trading and custom indicators. Traders can also access the popular MT4 trading platform. The platform has hundreds of apps available at the Dukascopy app store, providing traders with a wide range of tools and resources. The trading instruments offered by Dukascopy include over 60 forex pairs, as well as Bitcoin, Ethereum, their own Dukascoin (symbol: DUK ), and CFDs on stock indexes, bonds, precious metals, and commodities. Traders can stay updated with live economic news through Dukascopy TV, which features insightful market analysis and interviews with influencers. Dukascopy provides various tools for traders, including a live economic news calendar, news stream by MarketPulse and Reuters, SWFX Sentiment Index, and more. Clients can choose to open an account with either Dukascopy Bank (Switzerland) or Dukascopy Europe, with different initial deposit requirements and investor protection limits. Overall, Dukascopy is a trusted and regulated broker that offers a range of trading instruments, advanced trading platforms, and comprehensive tools for traders.
Broker Details
- Minimum Trade Size: 0.01
- Maximum Leverage: 200:1
- Minimum to Open Live: $100
- Established: 2004
- Address: Route de Pré-Bois 20 ICC, Entrance H 1215 Geneva 15, Switzerland
- Contact: 41 22 799 4888
- Regional offices:
- Regulators: FSA #FIBO No.2408, FINMA #CH-660.1.823.004-9
- Prohibited countries:
- Trading platforms: MT4, jForex
- Web Trading: ✅ Yes
- Mobile Trading: ✅ Yes
- ECN: ✅ Yes
- Currencies: Trading Instruments (40 )
- Cryptocurrencies: (2) Bitcoin, Ethereum
- CFD: (605 ) Gold, Silver, Stock Indexes, Bonds, Oil, Other Commodities
- EAs/Robots: ✅ Yes
- News Trading: ✅ Yes
- Scalping: ✅ Yes
- Managed Accounts & Social Trading
- PAMM: ✅ Yes
- Deposit Methods: Bank Wire (Bank Transfer/SWIFT), VISA, Bank Guarantees, Maestro, Neteller, Other Crypto Currencies, Skrill
- Withdrawal Methods: Bank Wire (Bank Transfer/SWIFT)
forexroboteasy.com
1 review
Over the years, the conversation about forex trading platforms piques the interest of many financial market enthusiasts, recent among them being the JForex platform by Dukascopy. Sadly, my interactions with this hyped platform have surfaced a plethora of problems, weakening my faith in its reliability. At the heart of my grievance lies the recurring issue of bad connectivity. As someone who thrives on the excitement and unpredictability of market runs, it's not an overstatement to say that a stable and reliable trading platform is fundamental. Unfortunately, executing market orders on Dukascopy's JForex platform during these runs has proved to be a cumbersome task. Take, for instance, my recent experience during a run on the USD/JPY pair. Amid the action-packed trading session, the JForex platform failed comprehensively, leaving me in a helpless predicament. Imagine being stuck for an agonizing 30 minutes, watching the potential wins slip through your fingers due to technical glitches rather than market fluctuations. An experience for no trader to endure. What adds insult to injury was the inconsiderate treatment I received when I reached out for technical support. One would expect immediate assistance in such distressing scenarios, instead, there were deafening silence and unattended cries for help at the other end. After being put on hold, not once but twice during an international call, the frustration intensified. The void of customer service became more evident when my call back requests went unheeded. The lack of a toll-free number also compounded the angst. Shouldn't a platform of Dukascopy's magnitude, dealing with sensitive financial transactions ensure better customer service? In the high-volatility world of forex trading, scalpers and day traders need a platform they can count on. Based on my firsthand experiences, I'd hesitate to recommend Dukascopy's JForex platform to these kinds of traders. Unless they resolve the nagging issues of connectivity, coupled with a customer support upgrade, there's little to be desired for ardent market players looking for swift and secure trading experiences. To you who seek thrill and profit in the forex trading world, I urge you to consider these aspects before choosing the JForex platform for your trading adventures. The world of forex is hectic enough, you certainly don't need technical glitches and poor customer support marring your stride.
1 review
In the digital age, trading platforms need to be swift, seamless, and most importantly, reliable. However, my experience with Dukascopy’s JForex Trading Platform has unfortunately been less than satisfactory. The platform's questionable connectivity has frequently made it painstaking to execute trades, especially during market fluctuations. On numerous occasions, I have found myself in the middle of executing market orders when an unexpected connectivity glitch emerged, leaving me stranded. The most recent incident occurred at a point when there was a significant movement on the USD/JPY pair. I vividly remember looking at the screen, waiting in vain for the server to reconnect, while potential gains slipped away. As the market raced, time seemed to stand still on the JForex Trading platform. To complicate matters further, the after-sales service offered by Dukascopy did little to resolve my predicament. Amid such technical hiccups, one would expect effective and timely support - but alas, that was far from what I experienced. The multiple attempts made to reach out to their customer support left me with nothing but frustration. Despite facing difficulties with an international call, I was kept on hold twice, without any consideration for the urgency of the situation or the cost of the call. To add salt to the wound, Dukascopy neither offers a toll-free number nor responds promptly to call back requests - a bitter reality which I discovered firsthand. Reflecting on these experiences, my advice to scalpers and day traders considering Dukascopy would be to think twice. With the recurring connectivity issues and less-than-adequate customer service response, the potential risks may outweigh the perceived advantages. In summary, until Dukascopy significantly improves their JForex trading platform’s connectivity and customer service approach, one might be better off considering other trading platform options. The journey to successful trading should not be marred by technical turbulence and subpar support – there are certainly other platforms out there that elevate and streamline the user experience, rather than hinder it."
1 review
Navigating the turbulent waters of the Forex market can be a challenging endeavor. Having a reliable and efficient trading platform is crucial. This is my candid review of the JForex Trading Platform offered by the globally renowned brokerage firm, Dukascopy. While the platform boasts a host of impressive features, there is a glaring pitfall that needs immediate attention - persistent connectivity issues. An unfortunate firsthand experience of these troubling connectivity woes occurred recently during a brisk trading period. The market was humming with activity; the USD/JPY pair was particularly volatile. These are moments when traders, especially scalpers and day traders, have the golden opportunity to profit. However, JForex seemed to buckle under the pressure, leaving me stranded in an anticipatory purgatory, unable to execute my market orders. Throughout the agonizing 30-minute halt, I found myself desperately seeking assistance. However, Dukascopy's technical support fell woefully short of expectations. Not only was there no dedicated toll-free number for international customers, but plumbing the depths of their online support was equally fruitless. I was stranded on hold twice during an urgently placed international call, all the while incurring heavy charges. In an era where customer-centricity is key, the unresponsiveness towards my callback request left a sour taste. This was not an isolated incident, yet the company seems slow to patch these gaping holes in their customer service support. While it's true that Dukascopy's JForex Trading Platform brings a lot to the table, I cannot conscientiously endorse it, particularly to my fellow scalpers and day traders. The reoccurring bouts of connectivity lag, coupled with critically inadequate customer support, can be a substantial barrier to smooth and efficient trading. So, unless Dukascopy addresses these negative aspects of their trading platform, I advise traders to consider alternative platforms that not only offer efficient features but prioritize user satisfaction and stellar technical support as well. Great platforms should act as a reliable vessel guiding traders to profitable shores, not maroon them amidst market chaos.
1 review
In the volatile and immediate world of forex trading, connectivity is everything. From my recent encounters, it seems the Dukascopy's JForex Trading platform has seriously overlooked this crucial aspect. I have repeatedly faced the beast of bad connectivity while trading, especially during active market hours, which only intensifies my mounting frustration. Take, for example, my recent attempt at executing transactions involving the USD/JPY pair. The market pulse was throbbing, making it the perfect time to place my orders. Unfortunately, this high-intensity moment coincided with a grossly disappointing connectivity glitch in the JForex trading platform, making me a sitting duck for a whopping 30 minutes. Desperate for a resolution, I reached out to their trader and tech support, hoping for quick, effective assistance. Much to my chagrin, the online support was practically non-existent and my calls to their technical service line were met with not once, but twice placed on hold. The fact that I had to incur international call charges with no solution in sight due to the absence of a toll-free support number only added salt to my wounds. Parallelly, my plea for a call-back fell on the deaf ears of their even their customer service, leaving me stranded in the middle of an investment storm. Consequently, it's hard for me to endorse Dukascopy and its JForex platform with a clear conscience, particularly to scalpers and day traders who rely heavily on seamless connectivity and fast executions. The potential susceptibility to variable internet connectivity coupled with lukewarm customer service creates an unreliable trading space that might lead to unrecoverable investments. So, keep these crucial factors in mind before considering Dukascopy's JForex as your trading partner.