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Volume Trading Commission Discount Program
Dukascopy Bank offers its self trading clients the possibility to get a 20% discount on volume trading commissions (here-after the “Discount”). Clients can apply for the Discount within 30 days since their last credit on their account. Subscription to the Discount program entails conditions on traded volume which shall be reached within 1 year after the Discount program subscription day. Any withdrawal made by the client on his/her account before the required traded volume is reached will cancel his/her participation in the Discount program. Please read the Terms and Conditions of the Discount Program below.
How to apply for a Discount
Clients can apply for the 20% Discount within 30 days since they made a credit on their account. The incoming transfer (Deposit) should be the last operation on the account, i.e. there should be no outgoing transfers (Withdrawals) after the Deposit. Application for the Discount can be submitted from the trading platform, Portfolio menu – My Account report.
The Discount applies only to volume trading commissions paid by the Client after his/her successful subscription to the program. The accrued Discount is calculated and shown in the online reports. The Discount does not change the amount of volume trading commissions charged by Dukascopy Bank. The Discount is a refund of commissions on the client account after all the conditions set in the present Terms and Conditions are fulfilled.
Accrued Discount will be credited to the account after the required traded volume is reached. The required traded volume is equal to 30’000 multiplied by the account equity at the time the Discount application is submitted. The required traded volume shall be reached before the deadline – 1 year since the application day.
The participation in the program and any accrued Discount are automatically cancelled before the required traded volume is reached in one of the following circumstances:
After cancellation of the Discount program, any accrued Discount and related traded volume are definitely lost and cannot be restored.
In case a client was credited a contest prize with turnover conditions, he/she cannot apply to the Discount Program until the turnover conditions relating to his/her prize are reached. Self trading accounts which are in relations with Business Introducer Program or Swiss Custodian Banking Services may be refused to apply for the Discount. Dukascopy reserves the right to change Discount Program Terms and Conditions, refuse or cancel Discounts at its own discretion (for example, arbitrage based strategies can trigger Discount cancellation). The Discount program and the Bonus program cannot be used simultaneously.