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 instruments are traded continuously, 24 hours a day, from the market opening on Sunday at 21:00 GMT during Summer Time (22:00 GMT during Winter Time) until the market closes on Friday at 21:00 GMT during Summer Time (22:00 GMT during Winter Time). Certain instruments have trading breaks during the trading session. These instruments are listed below:
| Instrument | Trading Breaks | |
|---|---|---|
| Summer Time | Winter Time | |
| 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 liquidity outside active market hours, trading may be temporarily interrupted. Special trading conditions apply to the following instruments:
| Instrument | Maximum spread, points | Off Market Hours | |
|---|---|---|---|
| Summer Time | Winter Time | ||
| 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 note that the following instruments are not available for managed accounts and are available only to clients who trade independently: XAU/USD, XAG/USD, USD/PLN, EUR/PLN, USD/TRY and EUR/TRY.
Attention: Wider spreads outside active market hours or a price gap following a trading break may significantly reduce the equity in your account and cause positions to be reduced through a Margin Cut or the Equity Stop Loss level to be reached.
The Dukascopy Europe SWFX trading platform provides tools for order execution, market analysis and risk management. Before starting to trade on a LIVE account, Dukascopy Europe recommends becoming familiar with the DEMO platform and its functionality.
To learn more about Dukascopy Europe ECN accounts, email us at [email protected], call us at +371 67 399 000 or request 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