TRADE ECN FOREX/CFD

Please beware of reduced liquidity and special trading breaks for CFD's and Bullion on Monday 18^th of January 2021 due to Martin Luther King Jr. Day celebrations in the US.

The detailed market closures can be found here.

Dukascopy Bank changes the Low liquidity fee amount from 0.2 EUR to 0.5 EUR per Dukascoin sold at 3.50 EUR or less.

The change will be applied on January 13^th, 2021 and it will come in force from the moment the Fees & Limits website page is updated.

Following the substantial DUK+ price increase at the beginning of 2021, Dukascopy Bank introduces two new staking lots in the lower end for the convenience of users. Starting from January 11, 2021, holders of Dukascoins will obtain an additional option of 50 and 200 DUK+ lots for 1 year and 3 months staking periods with the following rewards schemes:

A staking lot of 100 DUK+ will be discontinued while other lots remain unchanged (link).

Regular reward scheme implies staking and custody inside the MCA account of the Bank, while Blockchain scheme means external staking opportunity (link).

EUR Reward rates stay unchanged. Details may be found here.

In order to reduce the high volatility seen in recent days, Dukascopy Bank corrects the Low liquidity fee threshold from 2.50 EUR to 3.50 EUR per coin. The fee amount remains unchanged at 0.2 EUR per Dukascoin sold.

The new liquidity fee threshold will enter into force immediately after the news announcement.

The Dukascoin sets two new records by passing 3.50 and 4.00 EUR per coin price levels and confidently heads to its new milestone of 4.50 EUR per coin. On Sunday, January 3rd, 2021 it trades at 4.39/4.49. The coin gained 159.8% since December 1, 2020 thus outperforming BTC/USD price that rose by 74.1%.

Taking into account the recent DUK+ exchange rate appreciation, the Bank announces that the Low liquidity fee will be changed on January 4th from 1.75 to 2.50.

Two days have passed since the Dukascoin established a foothold at 2.50 EUR per coin. On the first day of 2021 it is being traded at 3.01/3.23.

Dukascopy Bank is happy for every client and referrer who each receive a 5 coin reward for opening an MCA account because the value of this welcome bonus has tripled since the Dukascoin project was launched and is now equal to about 15 EUR.

The Bank wishes a Happy New Year to all the adherents of the Dukascoin!

Just two weeks ago, the Dukascoin reached its all-time high price of 2.00 EUR per coin. Today, Dukascopy Bank congratulates its clients and partners with a new achievement just before New Year’s Eve. At the moment, the coin trades at 2.52/2.60. This dynamic brings confidence that the coin has much potential for further price growth.

The Bank is happy for those early adherents who believed in the Dukascoin’s future and invested into it in the very first months. For example, those who had acquired their coins at their lowest price of 0.6 EUR per coin in September 2019 have already quadrupled their investments in 16 months. Taking into account the participation in the DUK+ staking programs and thus being rewarded with up to 100% of the placed coins, their return on invested funds is about double the quadrupled amount.

Even though the actual rewards for taking part in staking programs were lowered since then, it is still possible to receive up to 70% of the return for a 1-year stake, which is extremely attractive and thus drives the price upwards.

Please beware of low liquidity and market closures throughout the Christmas and New Year period.

The detailed market closures for FX, Bullion and CFD markets can be found in our Trading Breaks Calendar.

The new look for the new decade has arrived! Dukascopy Europe is happy to introduce the redesigned website of the brokerage company!

The new appearance has been created in line with the refreshed Dukascopy group brand-book.  Taking into consideration the fact that the vast majority of internet surfers currently use mobile devices, our designers and developers have optimized the website and made it as much fast and mobile-friendly as possible. Our valuable customers input and modern trends in the user interface/user experience are applied and help to advance the convenience of the site exploration to the new level.  We invite all our current and future clients to check the new Dukascopy Europe brokerage website via the link www.dukascopy.eu

Dukascoin’s BID price reached 2.00 DUK+/EUR level for the first time in its history at 14:29 GMT on December 16, 2020 and the coin steadily trades at 2.00/2.19.

The Bank congratulates its clients and partners with constantly increasing confidence in the Dukascoin – the first crypto currency issued by a Swiss bank.

The Dukascoin project was launched on February 28, 2019 and will soon celebrate its second year anniversary. The lowest BID price of 0.6 DUK+/EUR was recorded on September 25, 2019, since then the price has reached this crucial psychological level amidst constantly growing demand that defines its uptrend.

Starting from today the fee applicable to withdrawals in Bitcoin and Ether has been updated to 30 USD, while the fee for the investment delivery to the blockchain is now [30 CHF + 1% x investment value]. Dukascoin withdrawals to blockchain remain free-of-charge.

Following the recent launch of the offering to store DUK+ staking programs on clients’ external wallets, Dukascopy is further expanding this possibility by applying it to DUK+ stakes with EUR reward. Identically to stakes with coin rewards, for EUR reward stakes stored on the external blockchain wallet of the client Dukascopy will pay an extra reward as high as 10% of the stake amount for a 1-year staking program and 8% of the stake amount for a 3-month staking program. See the dedicated webpage for more details.

An exceptional offer to get 100 DUK+ as a one-time reward for every transferred Coin reward and EUR reward stake to an external blockchain wallet is offered to clients only in 2020. Due to the manual processing of such requests and the upcoming Christmas period, clients should be informed that such transfers can only be executed during working days in Geneva and at the latest on the 24 December 2020. Exceptions may be made if agreed in advance.

Starting from 2021, clients will be able to select between all the possible reward types, stake terms, and storage options directly in the MCA interface.

The US will celebrate annual Thanksgiving Holiday on Thursday, November 26^th. For special market closures on Thursday and Friday please check Trading Breaks Calendar.

We remain true to our September announcement to release JForex4 in small, but important steps.

After the recent launch of Hong Kong stock-CFDs, Dukascopy is expanding the choice of Asian-Pacific titles even further. A set of Japanese CFD equities have just been added. Clients of Dukascopy are invited to experience 56 new trading instruments including companies such as Sony, Toyota and Canon. This brings the total number of instruments available for trading to 727.

Another important update of the JForex trading platform is the reduction of minimum trade sizes.
The following Index CFDs have new minimum trade and trade size increment of 0.1 contracts: USA30.IDX/USD, DEU.IDX/USD, CHI.IDX/USD and HKG.IDX/HKD.
Minimum trade size for USTBOND.TR/USD, BUND.TR/EUR and UKGILT.TR/GBP was reduced from 100 to 10 contracts, the new trade size increment is 1 and BTC/USD can now be traded in amounts and in increments as little as 0.01.

These improvements and many others are all part of our next generation - JForex4 platform. It is designed as wide-range multi-product-platform with improved functionality, capable to meet the needs of both professional and retail traders.

Stay tuned for the next JForex4 news!

We are delighted to announce that Dukascopy Bank has signed a partnership with Taiwan-based blockchain security firm CoolBitX Ltd. to participate in the development and implementation of Sygna Bridge. A simple and secure portal for compliant data sharing, Sygna Bridge allows “Virtual Asset Service Providers” (VASPs) to comply with the Financial Action Task Force (FATF) “travel rule”.

The leverage decreased earlier facing US elections and is now reconsidered to the following levels:

• Index CFDs and Gold (XAU/USD) - leverage is increased to 1:50
• Silver (XAG/USD) - leverage remains at 1:30

These levels will remain in force until further notice.

On Sunday 1^st of November daylight saving time ends and clocks in the United States are turned back one hour.

Trading hours will follow winter schedule for the following CFDs (Indices, Commodities, Bullions, Bonds, Stocks and ETFs):

• USA30.IDX/USD
• USA500.IDX/USD
• USATECH.IDX/USD
• USSC2000.IDX/USD
• DOLLAR.IDX/USD
• JPN.IDX/JPY
   
• BRENT.CMD/USD
• LIGHT.CMD/USD
• GAS.CMD/USD
• DIESEL.CMD/USD
• COPPER.CMD/USD
• SOYBEAN.CMD/USX
• COTTON.CMD/USX
• OJUICE.CMD/USX
   
• XAU/USD
• XAG/USD
   
• USTBOND.TR/USD
   
• Stocks US CFD
• U.S. ETFs CFD

Please be aware that market opening of our systems and daily settlement will be changed to 22:00 GMT on that date.

Dukascopy Bank has signed a new partner for its Open Banking ecosystem. This is already the third crypto exchange partnership after SCX  and ZBX within the same framework of the relationship. The partnership principle is based on the simple concept – every private person may open a standard MCA account at Dukascopy Bank and separately an account at the Exchange. Further, the client links both accounts together so that the MCA account becomes the safe custody of fiat funds for the operations with crypto at the partner Exchange. The Bank processes the fiat part of transactions between the client and the Exchange, while the Exchange is in charge of crypto part of transactions. Thanks to API integration between the parties, crypto-fiat parts of transactions are instant and aligned. The Bank and the Exchange independently apply the strictest AML/KYC control for the shared client and client’s transactions.

The partnership with the Bank will permit Bitsonic Exchange (South Korea) to add a broad range of high-quality banking services for its clients in South Korea and elsewhere. Simultaneously, the clients of Dukascopy Bank will get the opportunity to buy and sell tens of cryptocurrencies using the advanced platform of Bitsonic while keeping their fiat funds under the secure custody of the Multi-Currency Account (MCA) at the Bank.