Dukascopy Europe has successfully revolutionized the signing up procedure for its clients by integrating a modern technology developed by mother company Dukascopy Bank SA.
Clients will be able to choose Video Identification when opening the account, thus receiving a comfortable identification method that can be used anywhere in the world through Dukascopy's innovative and secure messenger "Dukascopy Connect".
With this technology, Dukascopy Europe has introduced higher limits for current and potential clients while reducing the time required for opening an account, which can also be done during the weekend.
Please beware of the following trading breaks on the coming Monday 16th January due to Martin Luther King day in the US:
The detailed market hours for FX, Bullion and CFD markets can be found here.
Please beware of reduced liquidity and the possibility of interruptions during Xmas and New Year holidays.
Dukascopy Bank SA has released a new generation of the JForex platform – JForex 3 with higher performance and better user experience! After the successful launch on DEMO in September 2016, JForex 3 successfully passed the probation period and has become available on LIVE! During the probation period, Dukascopy DEMO users proved their preference in favor of the new JForex 3 over the current version.
The new JForex 3 platform has an interface similar to the current version of JForex platform, making the acquaintance easier for users that are already familiar with JForex. JForex 3 is available simultaneously with the current generation of JForex, allowing users to continue trading on the current version of the platform if they wish to do so.
The new JForex 3 platform has new features such as zoom function, drag&drop (personally adjustable interface), over 35 new trading indicators, advanced indicator setting (e.g. possibility to build new indicators based on the output of other indicators, different instruments, periods etc.), order pop-up notifications, new types of trading amounts (lots, M, K) and a new design with different color themes. The full list of new features can be found in What’s new.
Also Dukascopy will hold 2 seminars on December 3rd at 11am and 2pm. Don`t miss your chance to join it!
Beware of reduced liquidity on Thursday 24th November and Friday 25th November.
Gold and Silver
Siete invitati ad incontrare i nostri rappresentanti durante i giorni indicati e scoprire le ultime novità disponibili.
The temporary leverage reduction on CFD indexes implemented on 7 November 14:00 GMT has now been lifted.
Please note that the 1:10 leverage on USD/MXN remains in place until further notice.
Dukascopy is glad to expand the range of FX instruments list. Euro to Russian Ruble (EUR/RUB) has been added on LIVE environment. Maximum leverage on EUR/RUB is set to 1:10.
The new currency pair is available only for Self traders' accounts. More detailed information about SWAP rates and trading breaks is provided in the corresponding section of our website.
In addition to 1:10 leverage on USD/MXN and specific leverage conditions on accounts with a balance over USD 30,000 announced on 27.10.2016, Dukascopy is taking additional measures in relation with US Election Day:
Leverage on all CFD Indexes will be reduced to 1:10 on Monday 7 November, 14:00 GMT and will remain in place until further notice.
Dukascopy kindly invites traders to evaluate their trading accounts and adjust exposure if necessary in order to avoid being overexposed during US Election.
L'annullamento della riduzione della leva finanziaria è previsto nella giornata di Mercoledì 9 Novembre alle 05:00 GMT. Dukascopy si riserva il diritto di prolungare questa misura di sicurezza se necessario.
On Sunday 30 October, clocks in Europe are turned back one hour as daylight saving time ends. Please note that there will be no change in the opening hour of our systems on Sunday and the daily settlement done at 21:00 GMT / 5pm EST. European clients may take note that the market opening will be done at 22:00 CET / Swiss Time.
Daylight savings time ends Sunday 6 November in North America. Market opening of our systems and daily settlement will be changed to 22:00 GMT / 5pm EST / 23:00 CET / Swiss Time on that date.
Dukascopy Bank hereby stresses that “DUKES COPY LTD” and www.dukes-copy.com which were mentioned in some media and by the Hong Kong Securities and Futures Commission (http://www.sfc.hk/web/EN/alert-list/all.html#1738) as unlicensed entity, are not associated with Dukascopy Group in any manner whatsoever. Moreover, we suspect this forex related investment offer can be a scam. We are currently taking legal actions to protect Dukascopy brand name and reputation.
Dukascopy is glad to expand the range of FX instruments list. Euro to Russian Ruble (EUR/RUB) has been added on DEMO environment.
Maximum leverage on EUR/RUB is set to 1:10.
More detailed information about trading conditions is provided in the corresponding sections of the website.
Paperless, swift and easy onboarding…
Following the issuance of the FINMA circular 2016/7 on Video-identification dated March 2016, Dukascopy Bank was eager to be among the first financial institutions to use an in-house developed video-based on-boarding system, fully integrated to its IT infrastructure.
Dukascopy Bank is delighted to announce that, from now on, opening an account and starting to trade at Dukascopy Bank can be done within 1 hour.
This is a tremendous breakthrough and improvement in client experience. Dukascopy Bank was often criticized on Internet forums because of its long and bureaucratic account opening process requiring 10 days in average and up to 1 month.
What makes the opening so much faster?
Maximum net exposure limits for CFDs and precious metals are being adjusted. Please click here to see full details. At the same time default leverage for BRENT.CMD/IDX and LIGHT.CMD/IDX will be raised from 1:30 to 1:100. These changes will take effect as of 09-Sep-2016 at 14:00 GMT.
Improvements to Dukascopy Group risk management is ongoing. As with changes implemented during the EUR/CHF floor cancellation, Brexit or the Turkey coup attempt, the measures are taken to guarantee the stability of the group and protect its clients. In light of the current market volatility, risks of geopolitical catastrophes and aggressive central bank decisions, steps taken by Dukascopy Group will enhance brokerage business while significantly improve trading conditions for small and medium size traders.
Dukascopy Bank has reached a new record in total income at CHF 17.2 million, 1.6% above the first semester 2015 which already was a record semester.
Due to higher operating expenses (+15.2%) reflecting IT developments and new marketing initiatives, the half year net profit is 25.8% below the same period 2015 but still is very satisfactory at CHF 2.5 million.
At Group level, consolidated total income is 2.4% above the first semester 2015 at CHF 18.1 million. However, the initial losses of our new subsidiary Dukascopy Japan, which is in launching phase, negatively affected the half-year consolidated net profit which amounts to CHF 1.9 million. Dukascopy Japan is showing promising growth and is expected to break-even in 2017.
Those figures reflect a very solid performance and continued stability in Dukascopy Bank and Dukascop Group financial situation.
We thank our clients, employees and counterparties for their trust and loyalty.
Complete individual and consolidated balance sheets and statements of income are available here.