Change to Daylight Saving Time
Clocks will be advanced by 1 hour this Sunday 8 March in the US eastern time zone (EST). The FX trading day ending at 5pm NY time, Dukascopy Market opening and settlement time will be changed from 22:00 GMT to 21:00 GMT effectively this Sunday 8 March 2015.
Clocks will return to Winter schedule on Sunday 1st November.
Following the clients' requests and adding more flexibility to the binary trading service Dukascopy has increased the maximum contract amounts in 5 times. Now the maximum contract is 5,000 USD or equivalent in other base currencies. Also, the countdown period prior to option start has been decreased from 3 to 2 seconds. Feel free to consult the Trading conditions for more information.
Some of Dukascopy liquidity providers warn their clients about an excessive risk of market gaps on Euro-related currency pairs related to Greece and its possible exit from Euro Zone which could arise at any time. In particular, there is a risk of FX markets opening on Monday morning at a significantly different level from the Friday night close.
Dukascopy is not able to leave such risk without a reaction and has decided as follows:
For all currency pairs, containing EUR, specific over-the-weekend leverage of 1:30 will be applied as of 18:00 GMT, 20.02.2015. Specific leverage will be cancelled after market opening Sunday night. According to the Dukascopy margin policy, trading accounts are already subject of over-the-weekend leverage, which is 1:30 by default. This adjustment will affect client’s accounts of Dukascopy Bank and Dukascopy Europe with over-the-weekend leverage higher than 1:30.
In addition, Dukascopy warns all the traders that there is a higher than usual probability of wide spreads, high slippage and rejects after market opening. It is recommended to reduce the exposure in EUR currency pairs, in order to avoid risk of possible Margin Cuts and negative balances.
Dukascopy Europe will also held JForex seminar in Millennium Gloucester Hotel on February 19th at 19.00. If you would like to attend it, please register here.
Dukascopy standard leverage is 1:100 with the possibility to increase leverage to 1:200 for Dukascopy Bank clients and 1:300 for Dukascopy Europe clients upon request. According to margin policy Dukascopy will execute margin cut trades only when use of leverage reaches 200%. In addition clients are free to choose between two margin cut modes: full closure of all open positions or partial hedge to use of leverage 100%. To get more information please visit Margin Requirements section of the website.
Dukascopy Bank and Dukascopy Europe implement new margin requirements for EURCHF as of 25 January 2015.
New margin requirements for EURCHF will enter into force as of 25 January 2015 for Dukascopy Bank and Dukascopy Europe.
Management of Dukascopy Group has decided to take an exceptional decision to cover negative balances on client accounts related to CHF move on SNB decision on 15.01.2015.
In spite of the fact that agreements and regulation allow Dukascopy to claim negative balances compensated by clients, it was decided to release customers from obligation to cover negative balance.
Dukascopy Bank has not cancelled or negatively adjusted any trade concluded on 15.01.2015 with clients during the CHF move.
Dukascopy Bank and Dukascopy Europe invite all the industry to follow the same approach to build up customers trust in the industry.
Dukascopy Group announces that it has safely passed through the CHF dramatic price shift. It was achieved thanks to advanced execution technology, careful risk management policy and reduced leverage on EURCHF till level of 1:10.
The scenario of such shock had been anticipated four months in advance as shown in Dukascopy news published on 3rd of October 2014: "Due to the possibility of a break of the 1.2000 floor in EUR/CHF which may see significant price gaps and cause negative equity on client accounts, Dukascopy Europe is forced to implement a maximum leverage for EURCHF exposures of 1:10 as of 12 October 2014".
Dukascopy well known ECN business model and careful risk management approach proved once again to be reliable and trustworthy.
Following the release of white label binary options platform in September 2014, Dukascopy Bank has further enhanced the white-label package by adding CFD products to the trading platforms. CFD trading is fully integrated into the existing back-office structure and is supplied with a wide range of tools and reports to manage accounts and monitor the clients’ activity. Within the existing trading structure and back office tools, white-label partners can easily enable CFD instruments with no additional integration costs and efforts required.
With the launch of CFD trading, the white-label solution now combines the trading platforms for FX, CFD, precious metals as well as the binary options platform that can be white-labeled independently from FX and CFD. In addition to simply being a technology provider, Dukascopy Bank also provides guidance on efficient marketing practices and strategies. Due to various add-on values like market research, online charts, live webinars, FX community and Forex TV, the white-label package becomes a comprehensive and all-inclusive offer.
Dukascopy Bank SA aims at delivering a fully customizable, scalable and low-cost multi-product solution for professional FX brokers, banks and start-ups.
Due to the coming holidays and low liquidity of the USD/RUB currency pair Dukascopy Bank and Dukascopy Europe have taken the decision to temporary stop trading on USD/RUB as of the 22 of December 2014 at 13:00 GMT. Unstable price feed and high roll-over rates are considered as not corresponding to the standards of Dukascopy and are of a high risk to both clients and Dukascopy.
Clients holding opened positions are requested to close their positions before 13:00 GMT, 22 December 2014. All remained opened positions will be closed by the Dukascopy Bank and Dukascopy Europe. Clients without opened positions are recommended to avoid trading.
Possible resumption of trading on USD/RUB will be reconsidered after the 12 of January 2015 (the end of Russian holidays).
Celebrating its 10-year anniversary Dukascopy offers its clients an exceptional opportunity to get 100% Bonus of the account equity.
Please read more about the Anniversary Bonus here.
Due to the high volatility and low liquidity on USD/RUB currency pair there is a risk of significant price gaps, which may cause negative equity on client accounts. Because of that Dukascopy Bank and Dukascopy Europe are forced to implement a maximum leverage for USD/RUB exposures of 1:10 as of 17 December 2014 at 13:00 GMT.
Clients trading USD/RUB are invited to estimate margin usage at the moment the maximum leverage on USD/RUB will be reduced and adjust their exposure accordingly if needed before leverage cut time.
Attention: Beware that independently of the current leverage reduction Dukascopy Bank and Dukascopy Europe may take additional measures including full stop of USD/RUB trading and closure of all opened positions without warning.
Dukascopy is glad to announce that range of trading instruments is extended - US Crude Oil, Australian, Spain, EU and Hong Kong indices are now available for trading in LIVE enviroment.
The new CFD instruments can be added using instrument selector in the trading platform. Clients, who do not have access to CFDs from the trading platform are kindly asked to contact their account managers.
Please be informed that starting from Monday, 8th of December, 2014 Dukascopy will support only Java/Jforex version 2.42 on DEMO and clients attempting to use the older versions will not be able to access DEMO trading.
A similar update will take place on the LIVE trading environment in the near future. In order to try the latest version of Java/Jforex, simply proceed with demo login on our website.