Dukascopy is an interbank forex trader, which is connected with various traders, and you can actually check the updates directly at the website. The service caters to different types of traders such as professionals, executives that are looking for best deals of hedge funds, active traders, and banks. Moreover, it has access to the Swiss FX Marketplace (SWFX) therefore the business is for long-term basis. In which, they can operate even at a time of global crisis.
Apart from that, the Dukascopy Swiss Forex Group has vast knowledge and advanced forex trading tools that can secure the global interbank business. In fact, they used different kinds of platforms such as the Metatrader version 4 for the meta-quotes, and the JFOREX for the primary platform. In addition to, they can support any types of languages. Moreover, they can extend extra services by providing daily newsletters, active forums from various users and other related online services.
On the other hand, the required deposit for the initial transaction of 250,000 would be $1,000 and the leverage can reach up to 1:100. However, if you want to engage on a bigger investment, you could choose any of these three live accounts. As such, the FIX API which has a flexible integration of platform based on the black box and the initial deposit would be $100,000. Secondly, the Standard account which is highly recommended to casual traders because it gives at most 40% commission discount. Lastly, the Live Forex Trading Account, which the Dukascopy is requiring you to deposit at least an amount of $10,000.
The Dukascopy services are very fast when accepting orders they rarely decline it. Apart from that, the forex trading execution is very prompt and transparent compared with the market maker type brokers. They offer a very low spread that the scalper can benefit from it. Therefore, in terms of rebates, you could actually earn almost 40% out from the actual commission.
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