dukascopy.com 
http://www.dukascopy.com
Average user rating from: 11 user(s)

Broker Rating
3.3
 
dukascopy.com

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User reviews
Wednesday, 25 June 2008

Written by Christine M Brown from United Kingdom

They just lowered their commissions and with the small spreads this broker is extremely competitive. I have an fxcm account which does not charge commissions but overall my cost is much lower with dukascopy. Their customer service reps are very friendly and helpful and if you have 50,000 or more to trade with I would recommend dukascopy.
Thursday, 19 June 2008

Written by JJ Chow from Taiwan

Let me firstly say that you must have 50,000 USD just to invest in this broker, but once you do - you will not be disappointed. Very fair prices, you have to pay commissions but you really get the true interbank market rate, the same rate the big hedge funds are getting, and they trade 100 million dollar lots at a time. Thank you dukascopy for such a great trading environment.
Tuesday, 17 June 2008

Written by Sanja Kehma from India

This is really a good ECN platform, and very professional, very similar to what banks use and although I have experienced slippage the spreads are great. This platform is very good for the professional and active traders and scalpers, not great if you only trade a few times in a month and you hold on to the positions for a long time. They are registered in switzerland and I opened a 500,000 USD account with them and they also provided me a "surety" bond from the swiss bank so it is a guarantee my funds are safe, they may not have the lowest commissions but the funds are guaranteed and in these times where brokers are robbing clients blind it is best to stick with the swiss!
Thursday, 29 May 2008

Written by Ajeet Patel from Turkey

This broker has the most beautiful workstation I have used, and to top it off all their spreads have become tighter, today i traded eur/usd paid 0 pips, sterling/usd paid 1 pips, and aus/yen paid 2 pips, this has to be the cheapest broker in the industry and to make it work backed by swiss industry the safest place to put your money.
Tuesday, 20 May 2008

Written by pip hungry from Canada

They claim they are an ECN broker, but the spreads widen, I have seen spreads on GBP/USD go from 0--6 pips in second, I contacted them and they blame it on liquidity, 6 pips is out of line, plus you have to pay commission each time you buy a position and also when you sell it. I definitely think there are better brokers out there.
Thursday, 15 May 2008

Written by Rudy from Belgium

This only thing these guys have going for them is their "pretty" platform, the spreads are large plus you pay commissions, plus they offer no mini lots, minimum size of 250K per position. Why would you chose them??? I have seen 4 pips spread on GBP/USD plus you pay commissions, other brokers give you half that and allow mini lots. Minimum deposit is 50K, if I had that kind of money I rather put it through an Instituanal broker instead.
Monday, 03 December 2007

Written by l00ser from Czech Republic

Hi to all fx traders!

first to Jack post: Jack wake up, Dukascopy is interbank ECN broker, he does not create prices ( like DealingDesk brokers do - he only provide traders with platform and real market price feed ), so what you see(click) is what you get. I mean if there is high volatility on market, than it is 100% normal and fine, that there may be no one, who is willing to buy/sell your contract at price specified by you. Instead you get filled at nearest price offer available. This is real market, not some scam dealing desk game. If you want your stops/limits to be honored everytime, go and find dealing desk broker(market maker), but be not surprised by wider spreads/re-quotes/and other DD broker funny things :-)

So far I am pretty satisfied with Dukascopy. Platform is fine,stable. Free analysis are although good. Trading news and scalping is possible. Seems that swiss interbank marketplace has some fine liquidity to trade with. Customer service - fine - no problems so far. I agree, that min lot sizes/ min account sizes are to large for beginning trader, but hey, this large ECN is not here for beginners nor for traders with few bucks. If it were, than so important liquidity would be much smaller, and that would definitely not be good for all of us trading with DC.

Wish all best luck with trading !!
(sorry for my english, I am not native)
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Tuesday, 13 November 2007

Written by Jack from United Kingdom

i have just gotten slipped on my GBP/JPY trade by more than 20+ pips, this is bullshit i know they do not promise stop losses but i am taking my money to another broker, with the minimum lot size of 250k i just lost $500 or 250 sterling which just pisses me off
Saturday, 10 November 2007

Written by simon from Hong Kong

I am giving them 4 stars because their platform is the best out there. fast execution and they are not a market maker so they don't trade against their clients. The only drawback is that they charge commission and minimum lot size is 250K per contract. I have other brokers but I use them occassionaly. If they would allow mini lot size I think this will definitely be the best broker in the world
Thursday, 08 November 2007

Written by Rakesh from India

very nice platform but lot size is very big, 250k is minimum lot size so i cannot hold too many positions, if they allow mini lot i would rate this 5 stars, otherwise the broker is good and customer service very nice and helpful
Tuesday, 06 November 2007

Written by Helio G from Switzerland

Firstly, I want to say that I think Dukascopy can do better. I think they might be one of the best and I am giving them 4 stars because there is room for improvement. I am interested to see what they have to say to their customers and the many others that are looking for the best a broker can give.


 
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