Hi, they have low spreads but the price you see is not what you get. Also their 'Take profit' and Stops do not always work. So I don't recommend them but try their Demo.
You are probably talking about the regular account (minimum 25000$) and indeed I have heard they even bust winning trades since they are taking the other side of the trade but I am interested in the interbank account(minimum 50000$) where they are a real broker and give access to the real interbank market.
disadvantages: is not regulated, 0% ! only one postbox in Switzerland (?) curious fills ! software updates in the daytime (platform for hours down) ! antiscalping rules etc .. advantages: foreign-language support (all member of staff are speaking russian and ukrainian - some just broken english or german)
Not regulated ? Regulated by ARIF, Switzerland Regulatory Environment Dukascopy (Suisse) SA, as a Swiss financial institution based in Geneva, Switzerland, is subject to Swiss law and all applicable regulations (regulated by ARIF). A postbox ? Dukascopy (Suisse) SA ICC, Route de Pré-Bois 20 1215 Geneva 15 Switzerland I told I wanted to visit them, no problem they said(about 40 people working overthere) Curious Fills ? I am not talking about the regular account . Antiscalping rules ? Maybe for their regular account. I am interested in their interbank account on which they have 20 banks and 60 hedge funds. Here is what I found on www.archive.org (good tool for some detective work) http://web.archive.org/web/20040604193659/www.dukascopy.com/english/AboutUs/ The founder A. Duka together with Ilya Prigogine, nobelprize winner I talked with Nicolas overthere in English with a french accent. Are we talking about the same company ?
Maybe. Only 300$/month Route de Pré-Bois 20, 1215 Geneva 15 = WTC (World Trade Center II Geneva) "Dukascopy (Suisse) SA is a Swiss Online Broker for FOREX and CFDs established in the Swiss city of Geneva, a key world financial centre. The company headquarters is located in the prestigious business center of Geneva â World Trade Center" (orig. Dukascopy) http://www.wtc-geneva.ch/main/services/virtual_offices.asp ... maybe ..
".. all applicable regulations" :laugh: :laugh: :laugh: = Willful misrepresentation ! For money laundering purposes (ONLY!!) you can be registered with ARIF, but nothing else (trading business, your money etc.) is regulated or sure. --> http://www.arif.ch/Interface Anglais/FAQ_AN.htm Contact ARIF ( info@arif.ch ) or info@ebk.admin.ch (Swiss Federal Banking Commission SFBC) for more info about dukascopy