Dukascopy Europe IBS AS is an investment brokerage company registered in Latvia and licensed by Latvijas Banka. It is a subsidiary of Dukascopy Bank SA, Switzerland. Dukascopy Europe IBS AS offers currency and precious metals trading to private individuals and institutional clients, hereinafter collectively referred to as Forex trading. Accounts can be opened in various currencies, including USD, CHF, EUR, GBP, AUD, CAD, CNH, CZK, DKK, HKD, HUF, ILS, JPY, NOK, PLN, RON, SEK, SGD, AED and SAR. Various Funding Facilities are available to clients, including account funding by credit or debit card and other payment solutions.
The Forex trading services offered by Dukascopy Europe IBS AS are designed for professional-level trading. The initial deposit amount may vary depending on the client profile. The minimum initial deposit is USD 100 or the equivalent amount in another supported account currency.
All clients have access to the same pricing and liquidity conditions. The applicable conditions are set out under Trading commissions and Overnight Policy and vary depending on the account size and monthly trading volume. Dukascopy Europe permits various trading strategies, including news trading and scalping.
The minimum order size and trade increment vary depending on the financial instrument and are specified in the trading platform and the applicable instrument specifications. There is no single universal maximum order size. The maximum available order size may be limited by market liquidity, margin requirements and the applicable maximum instrument exposure.
Most of the instruments are traded on a 24 hour basis without interruption, from market opening on Sunday, 21:00 GMT during Summer Time (22:00 GMT during Winter Time) untill market close on Friday, 21:00 GMT during Summer Time (22:00 GMT during Winter Time). The following instruments have trading breaks during the trading session:
| Instrument | Trading Breaks | |
|---|---|---|
| site6862.19 | site6862.20 | |
| XAU/USD 1 | 21:00 - 22:00 | 22:00 - 23:00 |
| XAG/USD 1 | 21:00 - 22:00 | 22:00 - 23:00 |
Due to limited available liquidity during off market hours, trading might be interrupted, as well as special trading conditions are applied to the following instruments:
| Instrument | Maximum spread, points | Off Market Hours | |
|---|---|---|---|
| site6862.19 | site6862.20 | ||
| USD/PLN | 250 | 18:00 - 07:00 | 19:00 - 08:00 |
| EUR/PLN | 350 | 18:00 - 07:00 | 19:00 - 08:00 |
| USD/TRY | 130 | 18:00 - 07:00 | 19:00 - 08:00 |
| EUR/TRY | 130 | 18:00 - 07:00 | 19:00 - 08:00 |
Please be advised, that following instrument are not available for managed accounts, but for individual traders only: XAU/USD, XAG/USD, USD/PLN, EUR/PLN, USD/TRY and EUR/TRY.
Attention: Wider spreads during "off market hours" or a market gap after trading break can significantly decrease the equity on your account and can trigger a margin cut or equity stop loss level.
Dukascopy Europe - SWFX Trading Platform is a unique technology with specific features for advanced traders. The Platform provides special functions and tools that have been created in order to suit sophisticated needs and provide additional protection to clients against market spikes. Dukascopy Europe strongly recommends that you become familiar with the DEMO platform before you start live trading.
To learn more about Dukascopy Europe ECN Accounts, please write us: [email protected], call us: +371 67 399 000 or alternatively ask for a Call-Back Request.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68.82% of retail investor accounts lose money when trading CFDs with this provider. Show more You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Show less