Transparent legal status
Dukascopy Bank is headquartered in Geneva, Switzerland (commercial register ID CHE-112.086.322) and is regulated by the Swiss Financial Market Supervisory Authority FINMA both as a bank and a securities firm. The statutory auditor of the Bank is KPMG, internal auditor - PKF. The Bank is a member of the Swiss Bankers Association. Financial Reports of the bank are published twice a year. In accordance with the Swiss regulation (Financial Market Infrasctucture Act) Dukascopy Bank is qualified as a bilateral Organised Trading Facility (OTF).
Transparent Price Feed
Dukascopy Bank provides one transparent price feed for all traders without exception. All Dukascopy Bank clients get the same price feed regardless of account size or trading strategy.
Transparent Historical Data
Historical Data Transparency is an essential point for strategy development. Dukascopy Bank provides the true historical price feed for a strategy development and back-test, with access to high quality tick-by-tick quotes. Such environment guarantees a high accuracy of a back-test and excludes any possibility for price manipulation by Dukascopy Bank.
Transparency in regards to market-liquidity is indeed an essential feature for any serious market participant as it shows clearly, whether the sufficient volume of liquidity is available at the moment. The ECN model provides a clear view of the market through its unique market-depth window, showing available liquidity.
Transparency in regards to externally managed accounts
Dukascopy Bank maintains a full transparency and a comfortable level of control when client issuing a mandate to an external manager. View mode access to the account assures that all transactions and performances of the manager can be followed in real time. Additional protection is guaranteed by set up the acceptable risk level which works like a stop loss function and immediate account deactivation capability for the managed clients.
Transparent Instant Reporting
Dukascopy Bank provides a real time access to balance, equity, P&L and trading-power information, as well as back office features for generation of full account statements and reporting. Required information is easily available online at any time allowing the reports generation within a specified date-range.
Cross Language Transparency of Programming
Dukascopy Bank aims to support the different programming languages used in IT industry. Automatic translation via built in convertor enables programming of the trading strategies based on multiple languages, such as JForex, MT4, MT5, etc.