Dukascopy

Dukascopy

Welcome to our series of reviews of trading websites. Today we are going to be looking into the Dukascopy website – design, services, trading platform, etc. Enjoy!

Web design

On first glance, the Dukascopy homepage can be a little disconcerting, there is a large number of colors and lots of text. The rest of the website is unfortunately similar in this regard. There is a great deal of information available here, but the presentation is lacking.

News and other information

Dukascopy has one of the most exhaustive news services we have seen so far. The volume of news may be overwhelming for new users, but there are filters that investors can use to only see news that are relevant to them. In addition, there are several additional tools such as economic calendar or SWFX sentiment index. There is no dedicated educational section.

Services

This broker offers trading of forex, CFD’s, Binaries and Cryptocurrencies. In addition, normal banking services are also offered. There are no universal trading conditions, every instrument has its own spread. Dukascopy has low spreads, but charges a commission on every trade, for example 0,10 % of trade value on stocks. An interesting thing is that this broker offers its own cryptocurrency, the Dukascoin.

 

Trading information

Investors can choose between a web and desktop or smartphone-based clients. Dukascopy offers a fairly limited demo account of only 14 days. We have tried to set up the account on several occasions but have been unable to do so. Judging from third party pictures, the interface is fairly standard. Trading conditions differ based on where the investor is domiciled. Maximum leverage on offer is 1:200.

Media

Conclusion and information about broker

Behind rather bad web design lurks a broker that is actually quite good. Finding what you want to find is sometimes a chore, but there is a lot of information to be had. In addition to being a broker, Dukascopy is also a bank located in Switzerland, which means more regulation but also more safeguards. This broker can be contacted by phone, mail or via help service.

Overall assessment: 2

2 COMMENTS

  1. 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.

  2. Due to the ubiquitous nature of binary and monetary scams and the damage they inflict on consumers, several developing countries have banned binary trading through retail investors permanently in addition, Google and Facebook have stopped accepting classified ads similar to binary sites.
    These actions, as welcome as they were, simply encouraged many traders of fake binary sites to rename them as online Forex brokers and even personal banking companies. Our duty is to help you obtain your cash back utilizing techniques that we have mastered over the years with the help of experienced professionals to assist you. Check Out [email protected]. File a report.

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