Dukascopy (Dukascopy Bank SA) is an international Forex broker that provides both beginners and professional traders with favorable trading conditions and a wide range of services.
Dukascopy gives an opportunity to trade with Forex ECN, stock CFDs, cryptocurrencies, commodities, indexes, and binary options.
The maximum leverage provided by Swiss Dukascopy Bank SA is 1: 200 and has a minimum deposit of $ 1000. In the European Dukascopy Europe IBS AS, the minimum deposit is $ 100, the maximum leverage is 1:30 in major and 1:10 in minor crosses.
For trading, users have access to more than 40 currency pairs, CFDs for oil, gas, copper, 5 commodities, 18 stock indexes, 2 types of bonds and the most liquid CFDs of the financial markets.
Dukascopy Bank provides its users with binary options for 18 FX currency pairs on the SWFX and CFD trading floors on BTC and ETH.
How to trade on Dukascopy
To register, you must enter personal and contact details in the form. Next, instructions on how to proceed will be emailed. You will need to print the received documents, sign and mail them to Dukascopy.
The process of customer verification in the company is mandatory, without this it is impossible to issue an application for withdrawal of funds.
For verification, you must download the scans of a document proving the identity and address of residence. In some cases, you will need to go through a video identification by downloading the Dukascopy Connect application on your smartphone. After approval of the documents, a trading account will be opened within 1-7 days.
Is Dukascopy Safe?
The group of companies includes the Swiss Dukascopy Bank SA, which is licensed by FINMA, the European company Dukascopy Europe IBS AS with FCMC license and the Japanese company Dukascopy Japan K.K. that is regulated by JFSA. There is also the Latvian company SIA Dukascopy Payments, which is regulated by FCMC and provides electronic payment services.
Dukascopy Bank SA client deposits are insured by the Swiss government. Dukascopy Europe IBS AS, the user is guaranteed compensation in the amount of 90% of the user is guaranteed compensation in the amount of 90% of losses or lost value of financial instruments caused by failure to perform investment services.
Dukascopy companies are certainly trustworthy. Many users recommend this company as worthy and providing ample opportunities for making money.
Before opening an account, you must understand that the broker is a member of AEOI and all your data will be transferred to the FTA. If your country is a member of the AEOI and FTA, then the company will transfer them to the tax authority of your country. If such transparency does not scare you and you have a desire to have an account with a world-class company, then Dukascopy is what you were looking for.