Dukascopy
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Thread: Dukascopy

  1. #1
    Is it a fantastic broker for an American looking to distance himself from additional NFA regulation? Their minimum deposit was reduced to 5k and they're advertising MT4. Does anyone have a experience together?

  2. #2
    Quote Originally Posted by ;
    quote Hello KristinaK, Thank You for the Answer. I have some questions in your mind pertaining to trading with Dukascopy through MT4 platform. The following is exactly what I see from https://www.dukascopy.com: Dukascopy Bank SA does not provide a MT4 platform to get to Swiss Forex Marketplace (SWFX). However, clients can use a third party option to connect the Swiss Currency Market Marketplace (SWFX) to an MT4 surroundings (third party supplier's MT4 bridge). My first question is: Is the price tick I see in MT4 exactly the same as what I see in JForex (OR...
    Hello Judysfriend,
    I have read your query and I was especially waiting for an official reply.
    Dukas says: Dukascopy Bank SA does not provide a MT4 platform to get to Swiss Forex Marketplace (SWFX). However, clients can use a third party option to connect the Swiss Currency Market Marketplace (SWFX) to an MT4 surroundings (third party supplier's MT4 bridge).
    Answer is NO since the third party alternative is not Dukas responsibility. 1 afternoon ( was an NFP afternoon ) there wasn't any quotes at all from this third party alternative. So I have phoned to FTT asking what was happening. The solution from FTT was astonishing: You know Duskas sometimes unplug the feeder info so we've got no quotes at all. No MT4 bridge, nothing, all was frozen. But sorry, this isn t Dukas duty. From then, I have decided to leave Dukas. That is my MT4 Dukas encounter, so good luck with them.
    Sorry kristinaK, make your inquiry an please do not confuse retail trader.
    Happy trading

  3. #3
    I guess 5K to begin is like it is likely to get with offshore brokers. They provide lots.

  4. #4
    I am just waiting when they'll start MT4 reside trading to attempt it. I believe it is extremely good company and 5K minimal depo offer is extremely attractive.

  5. #5
    I've a buddy who has used them for a few years and says they're a reputable broker.

  6. #6
    Quote Originally Posted by ;
    I've spoke to traders, who are using this broker. And those had huge account, 6 more. So seems to be reliable.

    Just recently, they reduced the minimum lot size to 1.000 units - that is micro lots. Last time I visited their site, minimum lot size has been 100.000 units. The moment MT4 beta test will be completed, I will give it a go.
    They are back to 10,000. That is still better then the orignal 100k.

  7. #7
    The minimal acceptable order size is 1000 units of the primary currency. There is absolutely no maximum lot size limitation, except available liquidity and marginal requirements.

    I had been looking forward to 1k trades like I will be testing the waters with a 5k account. I'll take them the following email to explain.

  8. #8
    Quote Originally Posted by ;
    I'm at the demo account together, but I don't think that they have MT4 ready yet at the moment. Maybe soon.
    Do not waste your time with the Dukas beta MT4 it has a lot of problems as you will only get frued. Await the full live variant to demonion.

    JD

  9. #9
    Quote Originally Posted by ;
    Do not waste your time with the Dukas beta MT4 it's a lot of issues as you'll just get frued. Wait for the full blown live version to demonion.

    JD
    Hello

    It will indeed have a couple issues and JFYI, I asked them today when they'll be with full blown LIVE Mt4 but they answered they don't understand when or even if they will....


    Regards
    DL17

  10. #10
    Quote Originally Posted by ;
    Hello

    I asked them now when they'll be with full blown LIVE Mt4 but they answered they do not know when or even if they are going to....
    Regards
    DL17
    Wow, no MT4! That sucks, you may always use any brokerages demonion MT4 to run your indi's and set your transactions through the JForex platform but that's not likely to help you in the event that you use any sort of EA. Oh well.

    Trade to trade well.
    JD

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