TRADE ECN FOREX/CFD

Leverage will be reduced to 1:30 for GBR.IDX/GBP, BRENT.CMD/USD and LIGHT.CMD/USD. It applies to all trading accounts without exception as of Friday 07-Dec-2018 at 18:00 GMT.

We expect an increase in volatility and risk of gaps for these instruments in view of the British parliamentary vote. It is scheduled for Tuesday 11-Dec-2018 to approve or reject the Brexit proposal that prime minister May has negotiated with EU member states.

The reduced leverage shall remain in place until Dukascopy Bank has decided that market volatility has returned to acceptable levels. We estimate to return to normal conditions on Wednesday 12-Dec-2018.

The US will celebrate Thanksgiving Holiday on Thursday 22 November, for special market closures on Thursday and Friday please click here.

After four successful weeks of LIVE FX Trader contest and 4’110 USD of cash prizes paid to 43 winners, Dukascopy Bank announces the start of a new competition between CFD traders – LIVE CFD Trader contest.

Same as in LIVE FX Trader contest 1’050 USD of weekly prize fund will be distributed among 12 winners, with the best profitability during the contest week. The only difference is a list of tradable instruments that consist of Commodity and Index CFDs only. Winners will be announced Fridays after market close.

There is no limitation on the number of contest Community members that can take a part: traders participating in LIVE FX Trader contest are welcome to also join the LIVE CFD Trader contest.

For more information, please read here. The contest is open starting from November 13th.

Preparing the launch of Dukascoins ICO, Dukascopy Bank (or "the Bank") announces the Live testing of its crypto-funding functionality, which is an important element of the infrastructure built by the Bank for operating with crypto-currencies.

What does crypto-funding stand for? This is the bridge between the client’s account with Dukascopy Bank and a crypto-currency wallet of that client in blockchain. The new functionality allows the Bank’s customers to deposit and withdraw funds to/from their crypto-fundable accounts with the Bank in the form of crypto-currency transfers. In the framework of that service, top-ups and withdrawals are possible only from/to a blockchain wallet where the client is the sole owner.

Dukascopy Bank is launching a brand-new Contest that is going to be conducted on LIVE trading accounts: LIVE FX Trader Contest!

Simplicity is a cornerstone of the contest: ACHIEVE HIGHEST WEEKLY PROFITABILITY TO WIN.

The other key novation is that rewards are free from any limitations: 1,050 USD is paid every week to 12 participants and the winner takes 300 USD. Gained profit will remain on trader’s account as well.

For more information, please read here. Contest is open starting of October 15.

Continuing infrastructural preparation for its own ICO for cryptocurrencies on Ethereum blockchain, Dukascopy Bank starts trading operations on Ether to US dollar (ETH/USD) CFD. Starting from today trading on ETH/USD CFD is available for Dukascopy Bank and Dukascopy Europe self-trading accounts. ETH/USD trading conditions are similar to BTC/USD. The applicable leverage for this CFD type will be 1:3 in Dukascopy Bank and due to ESMA regulation 1:2 in Dukascopy Europe. More information is available on the corresponding webpages.

Except for marginal trading operations, Ether will be available for clients with Mobile Current Account (MCA). They will be able to hold Ether on their Dukascopy Bank accounts and transfer it to other MCA clients. Same as Bitcoin, transfers of Ether CFD between MCA clients will be instant and free of charge.

The next important element of the bank crypto infrastructure is to provide withdrawals and deposits for MCA and trading accounts by means of cryptocurrencies which is expected in the near future. Crypto funding means that clients of Dukascopy Bank will be able to transfer funds to/from the bank not only in FIAT currencies, but also in crypto currencies to/from their crypto wallets. At first the bank will test the crypto funding concept on bitcoin. The crypto funding element should become a significant part of Dukascopy's infrastructure which later will be used also for its own cryptocurrencies.The ICO of Dukascoins/Dukasnotes is subject to a green light from the Swiss Financial Market Supervisory Authority (FINMA).

1. attract the critics, contribution and participation of the professional community for improving the concept and eliminating mistakes in the strategy;
2. call the experts in crypto smart contracts development for cooperation;
3. invite experienced auditors of crypto smart contracts to take part in the smart contract audit;
4. invite active professionals to participate in planned Bug Bounty tests of Dukascopy Bank's smart contracts.

Feel free to send your notes, commentaries, proposals and requests to the e-mail address [email protected].

Dukascopy Bank starts to offer LIVE trading on MetaTrader 4 with direct access to the SWFX Swiss Marketplace. Clients of the Bank can now trade in mobile and desktop versions of MetaTrader 4 with 41 FX most popular instruments, including Gold. Dukascopy will be gradually expanding the list of instruments available. The full list of instruments which includes 500+ instruments including FX, Metals, CFDs on commodities (Oil, Gas, and Copper), indexes, single stocks and bonds remain available in our proprietary JForex3 trading platform. Development is underway to make MetaTrader4 available to Dukascopy Europe, Dukascopy Japan, and other White Label partners.

Detailed information about MT4 accounts can be found on the website.

Dukascopy Bank is announcing the launch of its ChatBot which allows clients access to the entire spectrum of the Bank's retail services. The Bank is planning on making its ChatBot to talk and recognize the natural human speech. The ChatBot was created on the basis of the universal programming interface (API), which allows the messenger to be implemented and further developed by third party chatbot applications.

Dukascopy Bank believes that we have entered an era of worldwide use of artificial intelligence which will be a dominate direction of the development of the internet industry in the years to come. Hence, the Bank has adapted its structure to satisfy the needs of the clients, who using AI, in order to become a "cyborg friendly" bank. Dukascopy is inviting all companies working in this sphere to cooperate and promises maximum support.

Trading hours:

FX
• Regular trading hours on Monday 3. September

Gold and Silver
• Trading stops at 17:00 GMT on Monday 3. September
• Market opens at 22:00 GMT on Monday 3. September

CFD
• Trading stops at 17:00 GMT on Monday 3. September for the following instruments:
BRENT.CMD/USD, LIGHT.CMD/USD, COPPER.CMD/USD, GAS.CMD/USD, DIESEL.CMD/USD,
JPN.IDX/JPY, USA30.IDX/USD, USATECH.IDX/USD, USA500.IDX/USD, DOLLAR.IDX/USD.
• Trading is closed on US stocks on Monday 3. September

Dukascopy Bank extends the list of its CFD tradable instrument by introducing CFDs on Bonds. This new type of tradable instrument will see the introduction of German government bond (BUND.TR/EUR) and UK government bond (UKGILT.TR/GBP) at first, with the list of tradable bonds to be gradually expanded. The applicable leverage for this CFD type will be 1:30 in Dukascopy Bank, and due to ESMA regulation 1:5 in Dukascopy Europe.

Dukascopy also announces an increase of tradable CFDs on Indices to include US Dollar Index (DOLLAR.IDX/USD), Netherlands 25 Index (NLD.IDX/EUR), Singapore Blue Chip Index (SGD.IDX/SGD) and India 50 Index (IND.IDX/USD). The maximum leverage for these CFDs will be 1:100 in Dukascopy Bank, and 1:10 in Dukascopy Europe.

Dukascopy continuously expands its list of trading instruments to meet customer's requests. Starting today the list includes FX, precious metals, CFD on commodities, indices, stocks, bonds and crypto currency. All trading instruments are tradable on Dukascopy's trading platform Jforex and are available for both manual and automated trading. The expanded list of instruments will increase instrument diversification for both self-trading clients and investors of Dukascopy's newly launched wealth management service: LP PAMM.

In a strategical shift to become a universal mobile bank useful to everyone, Dukascopy Bank steps into wealth management.

The average expected return of this service is 11.15% with a standard deviation of 9.99% which gives a sharpe ratio of 1.11.

This service is free of management or performance fees, and is based on liquidity providing for clients trading with Dukascopy.

Beware of reduced liquidity on Wednesday 4 July due to US market closures.

FX
• Regular trading hours

GOLD & SILVER
• Trading stops at 17:00 GMT on Wednesday 4th July
• Markets re-open at 22:00 GMT on Wednesday 4th July

CFD INDEXES
• Trading stops at 17:15 GMT on Tuesday 3rd July for the USA30.IDX/USD, USATECH.IDX/USD, USA500.IDX/USD, JPN.IDX/JPY
• Markets re-open at 22:00 GMT on Tuesday 3rd July
• Trading stops at 17:00 GMT on Wednesday 4th July for the USA30.IDX/USD, USATECH.IDX/USD, USA500.IDX/USD, JPN.IDX/JPY
• Markets re-open at 22:00 GMT on Wednesday 4th July

CFD COMMODITIES
• Trading stops at 17:00 GMT on Wednesday 4th July for the LIGHT.CMD/USD, COPPER.CMD/USD, GAS.CMD/USD
• Markets re-open at 22:00 GMT on Wednesday 4th July
• Trading stops at 17:30 GMT on Wednesday 4th July for the BRENT.CMD/USD, DIESEL.CMD/USD
• Markets re-open at 00:00 GMT on Wednesday 4th July

CFD STOCKS
• Trading stops at 17:00 GMT on Tuesday 3rd July for the US Stocks
• Trading remains closed on Wednesday 4th July