Swiss brokerage company Dukascopy is one of the most important companies in the field of foreign exchange. It’s actually an online bank that provides services of trading forex, CFD, bullion and binaries. They have been working since 2004 and clients seem to be more than satisfied with their work. In this article about Dukascopy payments, we’ll analyze the way their clients can do deposit or withdraw money. Read our analysis of the processes and find out everything you need to know!
Dukascopy Payments | Deposit
When you’re entering the world of binary options, you want to be sure your broker will provide you with best possible conditions. Since depositing money is quite important, we decided to begin our Dukascopy payments analysis by explaining the deposit options.
The first option we’ll mention in our analysis are wire transfers. They are probably the safest and the easiest way to fund your account. Wire transfer instructions are available by request from your Account Manager, and your funds will be visible in your account within a couple of business days.
Apart the wire transfers, you can also use credit and debit cards: Maestro, Visa Electron, MasterCard and Visa. The broker doesn’t charge commissions, but their partner bank does. It can be 2% or 2.5%, depending on the currency. Speaking of currencies, you can choose between EUR, USD, GPB, CHF, AUD, CAD, JPY, SEK, NOK, DKK, RUB and PLN. Dukascopy minimum deposit is set to 100$, which is quite reasonable, when you compare the quality of service you get here and minimum requirements with some other brokers. Having in mind that Dukascopy Spreads are the lowest in the industry, we think you should definitely give these guys a chance.
Dukascopy Payments | Withdrawal and Safety
Let’s continue our Dukascopy payments review with the withdrawal options. In order to withdraw your funds, you will have to fill out a form with some basic information, such as your name and the amount of money you would like to withdraw. As a Swiss company, Dukascopy is regulated by the FINMA – the Swiss Financial Market Supervisory Authority. Besides the regulation, there are many other measures of safety, such as exclusive capital protection and careful management of counterparty/credit risk by Dukascopy Bank.
Besides the regular ways of money transfers, you can also use a little thing called ‘Dukas Payments’. It’s a mobile payment system developed by the Swiss Bank that allows you to do the money transfers globally. All you have to do is to download and install Dukascopy Connect 911 application for Android and iOS (but you can also use the web version), register and complete the verification. Everything is completely safe and very easy to handle.
Dukascopy Payments | Conclusion
At the end of this Dukascopy payments article, we can only repeat one more time that we’re very satisfied with the options this broker offers. It’s very simple to make a deposit, as well as to withdraw the funds. You can use various methods and you can choose between many currencies. Besides that, you can use their ‘Dukascopy Payment’ application and make this entire process even easier. Therefore, if you want a reliable partner, Dukascopy is as good as they get. Open an account with them now!