So, this broker is rock solid in terms of safety and security.
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Everyone has something to offer and something to take of the table.
Two of them, John Dillinger from US and Christian Riedl from Switzerland, offered some details in their remarks about their experience with Dukascopy. In the first part of this review, I told you how you could avoid getting broke with Dukascopy. In my opinion, this market is divided in two categories: Forex Brokers and Forex Scammers. In the Forex Brokers category, you will never find the perfect broker. Everyone has something to offer and something to take of the table. Dukascopy Bank is definitely a Forex Broker who has a lot to offer.
You only have to decide if their offer suits your needs. You Better be a Patient Guy Whatever their complaints are, almost all the time, the traders add some words about a bad support.
Too long time needed before they get an answer to their emails, never get the promised call from their account manager or not getting a proper answer to their questions. Seems like you need to have a lot of patience and to send them more than one single message with your problem before getting an answer. By getting it, does not mean you will get the proper answer, so you might need to start all over again with the messages.
As stated on the website, in their willing to differentiate from other brokers, Dukascopy Bank chose not to offer an MT4 platform. From the multitude of tools they could have pickedto apply their strategy, unfortunately they chose the wrong one, in my opinion. Almost all indicators and EA are built for MT4 platform and most of the traders use these tools. As good as their other 5 options are, they still cannot compete with the professionalism that the MT4 trading platform offers.
However, they come up with a solution for this: Third Party Bridge to MT4 platform. If low spreads plus the commission makes theDukascopy very competitive, the low spreads plus commissions plus MT4 fee, makes the competiveness of the Dukascopy, to vanish. Putting it another way, a cent charge is applied when you trade just 0. The commission prices get lower the more money you deposit . Registered user all issue fixed with dukascopy bank by direct support from my account manager hello am just posted two review related to dukascopy bank in last month and explain My experience with them , now i need to inform all interested for tradeing with dukascopy bank all the issue fixed and the payment return to my account the transfer no done du to issue in my name and my name in my bank account , after the direct fallowing for my account manager Ammar Almulla all pending issue fixed and am tradeing now normally with the dukascopy bank ,The bad luck distorted my experience with this bank hoping all get a alot of profit with the ECN dukascopy..
Aug 13, - 1 Star hello am writing again regarding the Dukascopy bank or broker! Alani Thank you for informing us about your dissatisfaction with Dukascopy.
You write that the bank's trading system caused you to suffer a financial loss. Have you continued your correspondence with the bank? Problems can often be resolved through dialogue.
Please rest assured, however, that the information you have sent us is useful and, as is the case with similar reports, it will be examined. If there are specific reasons to believe that financial market legislation has been violated, FINMA will undertake further investigations and, where necessary, take measures against the supervised institution. We are, however, restricted by law and cannot inform you about our assessment of your complaint. Another option is to contact the banking ombudsman www.
Depending on the case in question, he may be able to act as mediator. We hope you find this information useful. Hello, Stop Loss Level on your account has been proceeded correctly. If you set the stop loss for account equity on certain level it doesn't mean that you will not lose more money. It means that our system will start to act to close your positions when the equity will drop below the level.
Please, bear in mind that during high volatile market news the price could change fast and with gaps.
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Dukascopy withdrawal procedure can only be completed by using bank wire transfer as your method of withdrawal, but the good news is that you are allowed to withdraw any available sum of money from your account. Dukascopy Bank SA, the innovative Swiss online bank and marketplace offering online trading and banking services to individuals and financial institutions is pleased to announce the opening of its Representative Office in Dubai (DIFC).
by Dukascopy Bank. Fees; Limits; Transfers within Dukascopy Group. Free. Deposit. Withdrawal. Dukascopy Card If transactions on the account (e.g. withdrawals) would not let sufficient funds to cover accrued Custody fees, the latter become payable and are charged immediately. Feb 07, · Dukascopy funds withdrawal issue Commercial Content. Forex Factory. Home Forums Trades News Calendar Market.
Go to the "Withdrawal" section in Dukascopy web/mobile application and select "Dukascopy Bank/Europe" as a withdrawal type, enter the amount, an account and a sub-account number and click "Continue". What is the withdrawal fee for a bank transfer? Dukascopy Withdrawals. To withdraw you will have to fill a form and then wait 1 to 3 days for the transaction to complete. Of course it’s faster than with other brokers (they are a bank after all) but more importantly, it’s safer. Also, there are no minimum withdrawal amounts so you can take out whatever you feel like.