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Dukascopy Review

Dukascopy Review For New Traders In Trading Market

Founded in 2004 in Switzerland, Dukascopy Group is a financial services firm offering trading services in forex and CFDs, with offices in various countries around the world. It also owns the cryptocurrency Dukascoin. Its main product offerings include a variety of accounts for private and business traders. Dukascopy offers a variety of trading instruments, including more than 60 forex pairs, stocks, ETFs, bonds and indices. Its proprietary JForex 3 trading platform supports algorithmic trading and custom indicators. It offers a wide range of tools and additional features, including live economic news, an economic calendar, and an extensive list of research materials.

What Does Dukascopy Broker Offer?

Dukascopy offers support through live chat, phone calls, and email. It also maintains an active social media portal. Its website is available in 16 languages, including Russian, Chinese, and Spanish. It accepts traders from most countries. However, it does not accept traders from Israel, Afghanistan, Iran, and North Korea. Dukascopy also offers several contests. Clients who participate in them can win prizes. Dukascopy offers several payment methods, including credit cards, debit cards, wire transfers, and e-wallets. It also supports Bitcoin. Its minimum deposit is $100. Traders must have their identification verified to open an account. Are you ready for checking dukascopy review?

Traders can benefit from a number of benefits, including an equity bonus. Account holders can earn a 10% bonus on their account’s equity within 30 days of their last deposit. They can also take advantage of a volume discount, which reduces costs by up to 20%. This incentive is based on the amount of volume traded in a given year.

Best Forex Trading Platform For New Traders

Choosing the best forex trading platform for you is a matter of personal taste, but there are some factors to consider. You should choose a platform that’s easy to use, and that provides the features and functionality you need. Traders should also make sure that they get around-the-clock customer support. Forex trading happens 24 hours a day, so it’s important to choose a platform that offers a reliable trading interface. A trader should also look for a platform that offers a wide variety of tradable assets, including forex, CFDs, stocks, and futures. One feature that is a must-have for forex traders is an automated trailing stop. The Best Forex Trading Platform allows you to minimize losses by closing trades when the price is at a specific level.

Other features include a variety of charts. IG’s charting options offer at least 28 technical indicators. There are also 19 compatible drawing tools. IG also provides a browser-based platform, as well as a mobile app. IG also offers a demo account. You can also use IG’s education tools to improve your trading skills. IG offers a wide variety of markets to trade, including individual stocks, bonds, CFDs, and cryptocurrency exchanges.

The Bottom Lines

IG’s spreads are reasonable. Spreads begin from 0.8 pips for selected currency pairs. Its minimum is 0.6 pips for EUR/USD trading. Its minimum for USD/EUR trading is lower than the industry average of 70 pips. However, IG’s inactivity fee is very high after two years. IG offers a wide variety of award-winning trading tools and education. IG also offers real-time trading signals based on technical analysis. IG’s platform is also very customizable. IG offers custom columns, watchlists, and custom workstations.

Written by
John Winter
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Written by John Winter