Dukascopy Interbank Accounts

* This limitation applies only to users of FIX API. No limitations apply to JForex API.

Dukascopy Commissions

When a client is trading on the Interbank account with Dukascopy, the standard commission of USD 18 per one million USD traded is charged. Commissions are partially reimbursed on the basis of the traders’ monthly volume.

Managed Accounts will be charged an additional commission of 20 USD per 1 mio USD traded, in order to cover accountancy and compliance responsibilities.

Example: The total volume traded during the month of June equals to 3,500,000.000 (3.5 billion), the commission will be charged as follows : USD 15 per one million USD traded for the whole 3,5 billions traded. Any difference between the commission initially accounted for and the effective amount of commission determined by the volume figure shall be the subject of a credit to the client's account at the end of the month in consideration.

Commissions reflect fractional adjustments to the price that can not be applied directly on the platform due to certain technical limitations but are reflected on the final reports.

In default reports available to clients the commissions are included in the price of the trade.

For the convenience of the client an alternative form of reporting is available where this part of the trade price is shown separately. In order to switch to this reporting methods please contact your account manager.

Settlement procedure

Settlement activities are conducted on the daily basis and include all post-trade operations such as trade settlements, rolls, volume commissions and daily p&L conversions and other end-of-day amendments (please refer to Overnight policy for relating information on value date and overnights). Settlement procedure is applied at 22:00 GMT and carried out automatically in the same currency of the account. When the settlement process is completed, changes are registered in the balance. Clients are able to view the balance history in the various reports through the trading platform or the website backoffice services.

Lot Size

The Dukascopy platform is optimized for trading 250,000 units of the primary currency as a standard order size. The minimal acceptable order size is now 100,000 units of the primary currency (for any type of orders except BID/OFFER orders). However, orders with a size between 100,000 and 250,000 units of the primary currency have an increased probability of being rejected by some counterparties.

Platform Specification

Dukascopy SWFX Trading Platform is a unique technology with specific characteristic for advanced traders. Platform's special functions and tools are created in order to suit sophisticated needs and provide additional protection of the clients against market spikes. Dukascopy strongly recommends you to become familiar with platform manual before you start live trading.

Trading Emergency Backup - VIP Clients

Dukascopy Suisse SA offers VIP Clients an Emergency Backup via ECNs (e. g. Hotspot, Lava, EBS, Currenex), brokers or banks.

Trading Accounts funding facilities

Different solutions are available to clients to fund their trading accounts.

They include:

• Direct money transfer
• Bank Guarantee or Letter of Credit (the client and the issuing bank have to contact their account manager at Dukascopy to get more information)
• Trading Account linked to a personal Swiss Private Bank Account. In this case, clients trade directly in the Swiss FX Marketplace from their personal Swiss Bank Accounts, without making funds transfer to Dukascopy. (the client and the issuing bank have to contact their account manager at Dukascopy for any question).

To learn more about Dukascopy Interbank Accounts, please write us: Marketing@dukascopy.com, call us: +41 (22) 791 7050 or alternatively ask for a call-back.