Dukascopy Spreads

Dukascopy is a brokerage company based in Geneva, Switzerland. They’ve been operating since 2004 and nowadays have many loyal traders on their side. They are also regulated by the Swiss regulatory body FINMA, so you can rest assured this is a serious and reliable company. We noticed that Dukascopy has a pretty good reputation in the forex world, and in 2015 they got the award for the best PAMM service provider, best broker and best binary option broker. In this article, however, we want to talk about Dukascopy spreads, something you should research if you plan to trade forex here!

Dukascopy Spreads | Lowest in the Industry

We’ll begin our Dukascopy Spreads analysis by explaining the term ‘spread’ itself. When you’re trading forex, every trade is conducted through a middleman who charges something for its services (we usually call them brokers). This charge – the difference between the bidding price and the asking price for a trade – is the ‘spread’. Brokers have to facilitate every particular currency trade, meaning they have to provide a constant flow of buy and sell orders. They have to find a seller for every buyer and vice versa, and this is the service you’re paying for in this case.

Consequently, the lower spreads a broker has, the better it is for its traders. That’s why Dukascopy is so famous among traders: it has some of the lowest spreads in the entire foreign exchange industry. This allows you to make the biggest profit. Even though its spreads are low, we’ll give you two extra tips to minimize the spread: trade during the most favorable trading hours and avoid trading thinly traded currencies.

Dukascopy Trading Platform
Dukascopy Trading Platform

Dukascopy Spreads | Exactly how low?

When we say Dukascopy spreads are low, we really mean it. You can test everything out with a Dukascopy Demo Account, of course, but to give you an example of that, let’s take a look at the EUR/USD pair, one of the most popular currency pairs in the world. For European and US sessions, the spreads are 0.26 and 0.27 respectively, whereas the number is only slightly higher for Asian sessions – 0.38. These values are almost exactly the same for the USD/JPY pair, while for the GBP/USD pair the spreads are 0.61 for the first two sessions and 0.91 for the Asian one. As you can see, this is more than reasonable and will provide you with loads of very attractive investment opportunities.

Apart from low spreads, there are some other options that will upgrade your chances of winning more money. You can read about them in our Dukascopy Review, but as an example we have to say that Dukascopy offers a wide variety of technical tools and they provide you with the newest market related news. We definitely think they’re the right choice for you.

Dukascopy Home Page
Dukascopy Home Page

Dukascopy Spreads | Conclusion

As you’ve read in this Dukascopy spreads analysis, this broker has some of the lowest spreads in the foreign exchange industry. Due to the fact that the spreads are low, you can earn more, so you should definitely take this into account. Besides, Dukascopy will enable you to fund your account with ease and they will always provide you with all the important information you need to make the right call. So open an account with this broker if you want top-notch service. They truly are one of the best companies out there.

Dukascopy Payments

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.

Dukascopy Funding Options
Dukascopy Funding Options

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 Home Page
Dukascopy Home Page

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!

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Dukascopy Scam Test 2016

Dukascopy was founded in 2004 in Switzerland and is today a well-known broker on the foreign exchange market. With offices around the world, from Zurich to Hong Kong, they are an important international player and the first choice of tens of thousands of traders around the world. Their rewards speak for themselves: Best Forex Bank 2016, Binary Options Broker of the Year 2015, The Best Forex Brand 2015… the list just goes on and on. The company receives an award almost every year for some aspect of their offer because they constantly work on improving their service. However, regardless of all these awards and positive feedback from traders, we decided to check the most important thing – security – for ourselves. We will show you everything you need to know about it, so stay with us in this Dukascopy Scam Test 2016 and let’s see if we can spot any flaws.

Dukascopy Scam Test 2016 | Security

Now, the first thing we wanted to check for our Dukascopy Scam Test 2016 is their basic security measures. You will be giving your personal information and your account will hopefully have a lot of money, so is all of that absolutely protected? Our answer is 100% yes! First of all, you will see a green padlock left of the address bar when you go to Dukascopy’s webpage. That means that the site uses a valid and secure server and TLS protocol which is crucial for safety. TLS is the latest internet security measure and provides safe login on the page, so you don’t have to worry about someone stealing your data. We analyzed the whole login procedure in our Dukascopy Login article, so head on over there if you want to learn more.
Next, your deposits are completely protected and secured by the Swiss government in the amount of CHF 100 000 for each client. Furthermore, this company is regulated by FINMA (the Swiss Financial Market Supervisory Authority), which means that Dukascopy fulfills all relevant legal conditions and that it is closely monitored by the authorities. All of this points to a high level of security and safety for traders, but these are not the only important elements we have to discuss. Keep reading this Dukascopy Scam Test 2016 and see what else is important.

Dukascopy Home Page
Dukascopy Home Page

Dukascopy Scam Test 2016 | Money transfer

Of course, every respectable broker company has to have a decent and secure method of traders to transfer funds to their accounts. Fortunately, Dukascopy has provided several convenient ways to do that. The company states that wire transfers are the quickest and easiest way to fund your account.  You can do it in 18 currencies and the funds will be in your account within 1-2 business days. You can also use debit and credit cards like Visa, Maestro and MasterCard. The funds will be credited to your account within one business day after Dukascopy Bank SA receives your funds. Their On-line Money Exchange is an excellent way to securely convert your money between sub-accounts at extremely competitive exchange rates of the Swiss Fx Marketplace. This is an excellent opportunity for all Dukascopy traders, so you should definitely look into it. Their withdrawal procedure is also very simple, as you can see in our Dukascopy Withdrawal Procedure article. But we’re not done yet – we still have two more things to process for this Dukascopy Scam Test 2016.

Dukascopy Trading Platform Charts
Dukascopy Trading Platform Charts

Dukascopy Scam Test 2016 | Support

Support is something a lot of people take for granted until they actually need it. Traders don’t pay attention to it until they actually need help because they made a mistake, while we know several examples of brokers who lost their credibility because they had a terrible support crew. That’s why we want to dedicate a part of Dukascopy Scam Test 2016 to it. We are happy to say that Dukascopy is smarter than this and has invested a lot of time and energy into training and educating a well-functioning support team to be available 24/7. These people can be reached in several ways. First, there is the live chat – all you have to do is go to Dukascopy webpage and you will have an option to chat and get real-time support from one of their agents.

START TRADING WITH DUKASCOPY NOW!

This is the best and most convenient way to get help. You can also call their live trading support number or send a question to one of their emails. One other option is to go to their headquarters in Geneva, as they invite all their customers to meet them in person. If you want to know more interesting information about the company, read our detailed Dukascopy Review 2016. We have one more important thing to cover in this Dukascopy Scam Test 2016, so stay with us!

Dukascopy Scam Test 2016 | Education

If you are an experienced trader, you are probably thinking: “Education? I know everything!” Well, Dukascopy education program just might make you reconsider that statement. They have their own wiki page with platform manuals and forex education with glossaries, lessons and patterns that are all really helpful. If you are more of a visual type you can always check their Dukascopy TV section with video tutorials on things like leverage and PAMM accounts. If you are using all these free resources, perhaps it would be wise to open a Dukascopy Demo Account and make sure you have thoroughly learned everything before you start trading with real money. That way you don’t have to risk anything before you feel ready to take on the forex market.

Dukascopy Forex News
Dukascopy Forex News

Dukascopy Scam Test 2016 | Conclusion

At the end of our Dukascopy Scam Test 2016, we can say only one thing for this company: no scam! This is a reliable and respectable broker, far from being related to any kind of scammers and shady trading companies. The fact that they are regulated by the FINMA also says a lot. They highly value internet security and their money transfer system is very convenient and safe. On top of that, their support team is always available and helpful and they have an excellent education program. So if you want a reliable trading partner, just open an account with Dukascopy! You won’t regret it.

OPEN FREE TRADING ACCOUNT NOW!

Dukascopy Withdrawal Procedure

Dukascopy Bank is an online bank from Switzerland focused on providing trading services to its clients via Internet and mobile devices. They have been a part of online trading industry since 2004, a fact that can tell you a lot about the quality of their services. With several types of trading at your disposal (binary, forex and CFD, just to name a few), you can be sure you will always have plenty of possibilities while trading with them. The bank also owns its own brokerage company and payment company, both of which are European licensed. The latter is particularly interesting to us because we want to explore Dukascopy withdrawal procedure in this article, so stay with us and read on.

Dukascopy Withdrawal Procedure | Very simple

You can easily initiate your Dukascopy withdrawal procedure online by filling out a withdrawal form. Your LIVE platform can also help you with that. It usually takes two or three working days for your money to reach you, which is a pretty satisfying speed of doing things. What is particularly interesting is the fact that you don’t have to provide the broker with any documents when you want to start a Dukascopy withdrawal procedure. This is because your documents will already be verified by the broker, since you have to send their copies in when opening an account. And don’t worry about your safety here – as seen in our Dukascopy Scam Test 2016, this is one of the best brokers you can find when it comes to protecting traders. All of this makes withdrawing your money a very fast, simple and secure procedure, but we have more to discuss, so don’t go away.

Dukascopy Funding Options
Dukascopy Funding Options

Dukascopy Withdrawal Procedure | No minimum requirement

Dukascopy withdrawal procedure can only be completed by using bank wire transfer as your method of withdrawal, but the good news is that you are allowed to withdraw any available sum of money from your account. In other words, there is no minimum withdrawal requirement here. This means traders have plenty of possibilities when deciding on their trading strategy, although we should mention that some fees may be applied. This all depends on what currency you decide to use while trading, and a detailed list of currencies and fees applying to them is available on the broker’s website. But this is just one of many interesting features this broker has to offer, so we sincerely recommend you read our Dukascopy Review 2016 if you want to find out more.

Dukascopy Trading Platform Charts
Dukascopy Trading Platform Charts

Dukascopy Withdrawal Procedure | Conclusion

Dukascopy withdrawal procedure clearly demonstrates why this broker is considered to be one of the best in the business. Quick and reliable, with clients’ best interests in mind, Dukascopy makes sure you always get your money safely and without delay. Apart from your actual account balance with them, there are no limitations to how much you can withdraw and when you can do it, which gives you a lot of flexibility when choosing your strategy. In any case, if you want to trade forex, opening an account here is one of the best moves you can make.

OPEN FREE TRADING ACCOUNT NOW!

Dukascopy Review 2016

Dukascopy is one of the most recognized and valued names of the Forex market today. This Swiss marketplace and bank, founded in 2004 in Genova, remains one of the staple names of the Forex market. Currently there are over 200 people working for Dukascopy worldwide, with offices in cities such as Hong Kong, Kiev, Moscow and many more. Highly recommended by many brokers, we decided to see for ourselves if Dukascopy lives up to its reputation, so read ahead and check out our Dukascopy Review 2016.

Dukascopy Review 2016 | Broker Type

All Dukascopy clients fall under the Swiss Forex marketplace. All clients have equal trading rights, and equal access to market information, liquidity and feeds. This ensures that there is no discrimination between small and big traders, everyone is treated equally. Some of the liquidity providers include big names such as JP Morgan, the Deutsche Bank, Barclays and many more. All orders going through Dukascopy are processed by straight processing with no human involvement, ensuring that no human error can occur in transactions. All of Dukascopy’s clients have the same prices, thus preventing conflicts of interests.  In our Dukascopy Review 2016, we proved that this is indeed true. The prices are published publicly so clients can review and verify them, ensuring that no one gets scammed. All of this, coupled with Swiss banking regulations, ensures that various Forex scam alerts have no issue with Dukascopy. You can read more about this at our Dukascopy Scam Test 2016.

Dukascopy Forex News
Dukascopy Forex News

Dukascopy Review 2016 | Regulation

Dukascopy is regulated a bit differently than most other Forex platforms and brokers. The Swiss authority, the FINMA, treats Dukascopy as a bank, and as such, Dukascopy is subjected to a bit stricter regulations than most Forex traders. While this may seem like a downside at first, during our Dukascopy Review 2016, we found that Dukascopy has never violated its regulations with the FINMA. A testament to the trustworthiness of Dukascopy.

Dukascopy Review 2016 | Software

Dukascopy offers some unique software, but the thing that stood out the most was its Java based trader. Using the Java based web trader, you can trade using Dukascopy on any PC in the world if you have an internet connection, no download required. Dukascopy also have their own platform for trading called JForex which is targeted at people who already have experience in the Forex market, but is simple enough for newcomers to quickly grasp as well. With over 180 tools at your disposal for market analysis, trading and prediction, the JForex platform is a remarkable act of programming. There’s also an app for mobile trading, which is very useful if you haven’t got access to a computer at all times. Logging into Dukascopy is very simple using the Dukascopy Login tools.

Dukascopy Trading Platform Charts
Dukascopy Trading Platform Charts

Dukascopy Review 2016 | Online options

Online trading is a must in today’s busy world, so in our Dukascopy Review 2016, we decided to check out and familiarize ourselves with some of the online options that Dukascopy has to offer. Dukascopy currently offers online trade in precious metals, Forex and CFD trading. We had no problems in accessing the numerous banks associated with this broker, as well as the Forex market. The software proved easy to use and accessible, with equal opportunities for every trader.

START TRADING WITH DUKASCOPY NOW!

Dukascopy Review 2016 | Spreads

Dukascopy offers some highly competitive spreads, unlike many others in the Forex market. Dukascopy publishes all of the previous spread history for free, so you can see the variations for yourself. The Dukascopy commissions are also reasonable – up to a maximum of 3.50$ per lot in forex and 5.25$ with precious metals. All rates are expressed in USD per 1 million USD traded.

Dukascopy Review 2016 | Deposit and Withdrawal

If you’re just starting with Dukascopy, a deposit of 50 000$ is often recommended, but you can go as low as 5000$. Depositing is possible through a bank wire, and in seven different currencies. The Dukascopy Withdrawal Procedure is very elegant and simple, so we are happy to say that we encountered no problems in trading with Dukascopy during our Dukascopy Review 2016. The withdrawal form is available on their website for everyone to see.

Dukascopy Funding Options
Dukascopy Funding Options

Dukascopy Review 2016 | Demo Account

Clients who are interested in Dukascopy can register freely and use the Dukascopy Demo Account for a period of two weeks without a fee. After entering your desired account balance and leverage, as well as your information and e-mail using a simple interface at the Dukascopy website, your demo account is active and ready to go. The demo account simulates the Swiss Forex marketplace in real time. It uses real information from the history of the market to give you accurate results. This is a great way to test out Dukascopy itself, as well as your personal ideas. During our Dukascopy Review 2016, we tested out the demo account, and found it to be a great tool for less experienced traders.

Dukascopy Review 2016 | Information and tutorials

Dukascopy’s website is teeming with valuable information. With over 100 000 users, all from various backgrounds and countries, sharing information on forums and apps, you’ll find some great, useful advice. The site also hosts numerous training videos and guides for successful trading on the Forex market. The Dukascopy customer support team is highly skilled and available 24 hours a day, 6 days a week for all your questions and inquiries. Part of our Dukascopy Review 2016 involved testing out the customer support thoroughly,  and we found that they were indeed highly skilled, as well as fluent in several languages.

Dukascopy Interactive Rooms
Dukascopy Interactive Rooms

Dukascopy Review 2016 | Conclusion

In conclusion, we can say without any doubt that Dukascopy is a broker worthy of your time. Dukascopy Review 2016 has clearly shown that. Great service and high standards across the board allow you to fully enjoy your trading experience with them. There are numerous advantages to trading with this broker, so it’s really no big surprise that this company is among the most revered ones in this industry. Open an account with them and see for yourself.

OPEN FREE TRADING ACCOUNT NOW!

Dukascopy Review 2016 | Website Preview

Dukascopy Home Page
Dukascopy Home Page