| Rating: | 7 |
Dukascopy Suisse SA, the owner of SWFX - Swiss Forex Marketplace, is incorporated and regulated in
Dukascopy gives forex traders an access to the Swiss Foreign Exchange Marketplace with the daily network volumes of 80 billion USD. Via its banking partners and enhanced trading platform Dukascopy provides top-notch forex trading services.
Dukascopy is regulated by ARIF which provides a better prevention of money laundering. Before becoming a forex trader with Dukascopy you have to supply plenty of documents to prove your identity and make sure that every trading deal is legal. It is probably one of the safest places to trade.
Dukascopy platform is available both online – a web version, and Java download version. The platform is very secure so a trader can enjoy the 1 click trade to unlimited number of accounts. There is also a demo account for the new forex traders to practice their skills.
If you aren't an online trader you can easily trade via phone. Dukascopy provides 24/6 access to Trading Desk support.
One of the main features of Dukascopy is really low spreads in the forex market. It uses real-time interbank rates with 0.5-1 pip on majors thanks to the biggest worldwide liquidity generated by the active participants.
Dukascopy used to have very high minimum deposit requirement - 10,000 USD for real live account. Today the broker has lowered the minimum deposit to $2,000. Finally most traders can enjoy Dukascopy! There is also practice demo account. Registering for a demo account is a piece of cake. In the matter of seconds you can start practicing.
For those traders who can handle the minimum deposit requirement Dukascopy is available in many languages such as English, French, German, Russian, Spanish, Chinese, Japanese and Arabic. In order to start trading you have to register online and get account opening documentation. All of the required documents are available online for download. Just fill in the papers, sign and send them back to Dukascopy. Once that is done and over with you can fund your account and start trading.
Speaking of funding your account – once you agree with the Trading Agreement you will receive Unique Identification Number and Dukascopy bank details. The payment methods include wire transfer or check. The UIN is needed during payment procedure.
As a forex trader at Dukascopy you will be able to act and react quickly upon market changes. You will easily be able to monitor the market, manage positions and vie the history, leverage and performance. There are plenty of tools to help trader with the decisions – advanced charts and technical analysis, full depth of the market, professional reports and statements, online streaming news, Automatic "Merge" of several positions into one, Call Level Request service and much more

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