Dukascopy is one of the largest retail brokers in the world and one of the oldest ECNs available to retail clients. However, it is good to know that it also offers its services to institutional clients. In addition to the MetaTrader 4 platform, it also offers its own version Java-based platform – JForex. The broker is generally regarded as very reliable, fair and relatively cheap. The disadvantage may be the lack of micro accounts, but if you have a greater amount available, this seems like a a reasonable choice.
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|Company||Dukascopy Bank SA|
|Minimum deposit||5000 USD|
|Negative balance protection||Stop Loss - 100 CHF|
|Regulations||MiFID, FINMA, FKTK|
|Trading platforms||JForex, MetaTrader 4|
|Payments||Wire Transfer, Debit Cards (Maestro, Visa Electron), Credit Cards (MasterCard, Visa), Bank guarantees|
|EUR/USD Spread||From 0.2|
|Number of instruments||100+|
|Discount||20% for 1 month|
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