Just spoke with my account rep at Dukascopy and he told me that they have the approval for banking license -- they are just in the process with the paperwork When this happens, I plan on moving all my money to them Can't beat a ***real*** ECN provider with ***account protection*** plus 100x available leverage !!
I don't believe they will ever receive an EU license. Saxo is the only FX MMer that has received approval.
Not an EU banking license -- a Swiss banking license -- and as an FYI MIG Bank is the only FX Broker that currently has one......
Ahh, thanks for the info. So I believe I am correct regarding Saxo as the only FX provider (as a sole line of business) with an EU banking license.