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.
Friends, we're celebrating our 10-year anniversary!
10 years ago, we had goal and we pursued it.
10 years ago we were a mere broker. Since then, we have become a bank, established 7 foreign offices, and received European brokerage license. We extended the range of our products from FOREX to CFD and Binaries. Thanks to the ECN business model, in the financial world our SWFX technology became synonymous with high liquidity and Swiss reliability. More than 30 big financial institutions use SWFX through our white-label program.
Dukascopy has become a social and information flagship by creating our own financial TV, broadcasting in 7 languages, and getting upwards of 2 million views a month. Dukascopy community is the largest social network for traders, offering plenty of contests with a yearly prize fund of $1,200,000.
We are recognized as an industry leader, and have gathered the best professionals, dreamers and rebels. Dukascopy became a family. A family for those wishing for the impossible. For those, who reach the top: Dukascopy is rightfully among the top FOREX banks.
We had a dream, and we continue pursuing it.
Share this moment with us at the Geneva Forex Event on December 19th. Fashion show, inauguration of Miss Dukascopy 2014, and much more!
Register at Geneva Forex Event
Happy Birthday, Dukascopy!
Dukascopy Bank SA will organize a seminar in Saint Petersburg on November 25th. The seminar will mainly focus on Dukascopy Jforex platform and Visual JForex software. Other topics may also be discussed by clients’ request. Should you like to participate in the seminar, please register here.