Dukascopy (Suisse) SA is a Swiss regulated Brokerage House. Dukascopy provides access to the first Decentralized Marketplace in the world (SWFX - Swiss FX Marketplace), combining liquidity of Centralized marketplaces and a number of banks.
# Dukascopy (Suisse) SA offers direct access to the SWFX Swiss FX Marketplace, the most efficient market in the world. This exchange provides the largest pool of interbank spot forex liquidity available for banks, hedge funds, institutions and professional traders. professional trading with sophisticated dealing tools: aggregate best bid/offer of various liquidity providers, price/execution guarantee, slippage control, market depth, and advanced technical analysis and programming tools;
# 24/7 constant liquidity access through its close relationship with its Banks and Brokerage networks, round-the-clock emergency trading phone service;
# top Swiss bank depository: account custodian are Swiss Prime Banks;
# trading on credit lines from client's own bank accounts through cross-pledge or a bank guarantee;
# professional Back Office integrating Value At Risk and Sharpe ratio analysis, order and account statements and statistics, deal log;
# highly secured connectivity through PIN codes, fix IP-addresses authorised list, https connection, and case-sensitive login password;
# transparency on all levels
# debit cards solution
Actualization date
4 May 2010
Latest forex broker news
19 July 2010
| Dukascopy Winner of June 2010 Rajan Mehta is Dukascopy Bank’s Trader of the Month of June, 2010...
14 July 2010
| Dukascopy Dear Bankers and Finance professionals, The 6th edition of the Geneva Forex Event will take place on 15 July 2010 at Le Beau Rivage Hotel in Geneva, at 18:30 Another networking appointment where Dukascopy Bank offers the ground to discuss market opportunities and news in a relaxed classy environment...
14 July 2010
| Dukascopy Traders Contest The ceremony of awarding the trader of the month of June, 2010 will be held during the Geneva Forex Event at the Beau Rivage Hotel in Geneva...
Latest comments
27 October 2006 | Brian | Dukascopy Dears,
Just look at the liquidity Dukascopy offers. In fact, it is biggest than ECN such as Hotstpot, Currenex or Lava. They have a really big liquidity, how can they have it?
By the way, I confirm you that you can deal more than 25mio one click, which is not possible with any market maker.
Please tell me how they can be so big. It seems that they have the biggest liquidity in the world, no other marketplace have more? please, if someone know, tell me. tks
brian_macguire@hotmail.com
12 December 2006 | Jeff Prattus | Dukascopy I admit I never traded with them but there is already slippage on the demo account which is pretty sad. Therefore I dont believe the 1.5 pip spread crap. The only orders they offer is stop and limit orders, no OCO, no If-Dones, etc. There is no way they can prove the liquidity by the way I dont know where you got that. There is no proof they are ECN either, if they have a few huge accounts they can hedge all positions against you and you'll never know. 25 million in one click? My ass...btw, you wouldn't even be here if you had enough money to make that kind of trade. actually you probably work there explaining the bs hotmail address. If someone has traded there for real and has some real info let me know what gives.
9 January 2007 | Noholdbars | Dukascopy I traded with them live, slippage and price manipulation on their platform, not excessively often, but its sad that they have a crappy platform and use such basic scam methods to make money. Whats for sure is its impossible to make money there. I lost 3K due to that shit and of course making money was really hard so I left. I found another Swiss broker that I'm going to try. O yeah ducascopy has a high minimum so they are sure they will nail you a good couple thousand before you leave. Bastards, stay away if you can.
9 January 2007 | noholdbars | Dukascopy By the way Ducascopy is not an ECN at all. You think a bank just takes in a 25 million dollar click? Keep dreaming, its a bucketshop like all the others, liquidity my ass. On top of it they say that they inputed funds for capital growth but thats bullshit, they just made a loan based on their platform they made, which is bad... good luck people if you have your cash in that shithole. I forgot my favorite "would you like to control your slippage option to reduce it or have lots of it?" pfffff. If only I knew all that before opening the account I would have had a laugh instead of a major deception. Cheers fellow traders and good luck!
18 January 2007 | Mike | Dukascopy Please, do not criticize such good and reputable company. There are few companies in the world able to provide service on institutional level, trading more than 50mio in one click, if you are not able to understand the difference and the technology level they provide to their clients, please do not comment. So, whoever you are, either a sales person of a market maker company or a retail trader, you should not mention such untrue information.
I am trading with them, and get a perfect execution. For sure, it is not a market maker, so the concept what you see is what you get is impossible. You have to use function such as slipapge control or place bid/ask, but it is normal, because you trade in a centralized/decentralized marketplace, the SWFX-Swiss FX Marketplace.
For more information, you can read \"eforex\" magazines, it will give you a better understanding of the FX industry. www.e-forex.net
oct06: \"One click trading and the global liquidity\". it will help you to understand the one click technology, which mean a one click in a marketplace vs. a market maker.
jan07: \"Fight for liquidity, centralization vs decentralization\". It will explain you technology of decentralize marketplace.
jan07:\"Threat or opportunity for FX execution venue\". It will give you an idea about the industry consolidation.
As they provide access to marketplaces and banks, I do not understand why you try to treat them as a market maker who manipulates prices. Anyway, if you were a live client of Dukascopy, you would have been able to compare price and see that they are always providing same or better price than other marketplace, with same or more volume.
Regarding the increase of capital, I do not even want to argue. Swiss Legislation talks by itself.
Having said this, one has to consider the bad. Notrading platform is perfect, and the SWFX GUI is also not perfect. I do not like the way of placing bid/ask in the market. I hope they will modify it.
