Detailed Forex Broker Review:
Dukascopy is a broker founded in 2004 in Switzerland by the mathematician Andre Duka in liaison with Veronika Makarova. The headquarter of the company is in Geneva, the representations are in Riga, Kiev, Moscow, Dubai, Tokyo, and Hong Kong. In 2010 Dukascopy obtained bank license of Switzerland and this year launched Dukascopy Bank.
Opening account with Dukascopy
It is necessary to register on the site and fill in the form for opening account. After filling the form of an application, the client gets two letters in an e-mail box. There is data about identification in the first letter; there is an instruction for the signing of the agreement in the second one. After executing the terms described in the letters, the trader can open an account.
For passing the identification the application Dukascopy Connect can help to the user, which can be downloaded in the telephone. If the client has an account in the bank of Switzerland, he can apply to his manager, who proves his personality.
And in summary, the funds should be deposited into the account. It is can be done with debit or credit card and also via bank transaction. A minimum deposit is $1000 USD.
The client cannot register an account twice. If the user needs to change something in the account, he has to apply to the service desk or to a personal manager.
Dukascopy trading terminal
The broker Dukascopy uses its own trading platform JForex. A given terminal is supported by as Windows as Mac. JForex has a lot of financial tools and indicators. There is a possibility to impose upon users’ indicators.
JForex3 does not inferior MetaTrader because it supports algometric trading and users’ indicators. The platform provides also cloud storage.
You can find not only the button “close all”, which is widely spread on all terminals but the button “cancel all”. This function allows cancel all orders fast and it is very popular among high-frequency traders.
The platform is very popular among users and has extreme positive feedback.
Mobile Trading with Dukascopy
The company Dukascopy provides its users with an application DukascopyJForexTrader. This application is the best in this area and it is a leader among analog in 2019.
JForex has quality graphics with the possibility to customize certain options and warnings, which are added from one screen. Graphics works efficient, there are a lot of options, 46 technical indicators.
The users can use strategies from the mobile application. These strategies have been developed with the members of Dukascopy Society.
Also, the mobile application Dukascopy Forex Trader has a wide range of necessary tools, which predestination of the screens, and also clean, customized markers’ view is included.
The clients can use chat, email, phone, and call-back. The service desk works Twenty-four hours, but many users were not satisfied with the Dukascopy service desk.
Dukascopy is regulated with the control body of Switzerland financial market. It is not easy to get the Swiss Financial Market Supervisory Authority license, which points up the reliability of this company. The broker has Swiss bank license.
The broker provides its clients with a big amount of quality and useful training materials, which can be founded on the platforms and in mobile applications.
The demo account is also available for users, which can help to accustom on the terminal and estimate all its advantages.
The company has its channel DukascopyTV. The topical market news is broadcast here, interview with professional traders and analyze the market. The channel will be useful for each trader apart from experience and skills. Any trader can find here something useful and interesting.
Dukascopy is a high-status and reliable Broker, which has established itself. The company possesses an excellent trading platform, which got a prize “The best trading platform” in 2016 and “The best platform and mobile application” in 2018.
Dukascopy was the possessor of the prize “The best Forex bank” in 2018 and 2016.