I find Dukascopy has tight spreads and offer bank guarantee for larger account. I trade news and want to know if you can give me advice about this broker. Thanks in advance.
Dukascopy has two separate businesses. One is as broker/market maker (www.dukascopy.com). The other is research & software development (www.dukascopy.net). Unil last year, the reaserch division also operated as a market maker, but with small accounts (only 500USD required to open). I had one of these accouts until they closed the shop and moved all trading related services to www.dukascopy.com.. I decided not to trade with them anymore since the amount required to open an interbank account is 50000USD (and really this is the interesting part of their offer since a normal account can be get from any other market maker). See the following thread in the forum for more info: http://www.elitetrader.com/vb/showthread.php?s=&threadid=35778
why would anyone name a biz dukascopy.... that sounds like a invasive medical procedure you have to do when you have rectal bleeding.