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DukasCopy Reviews

This is a discussion on DukasCopy Reviews within the Forex Broker Reviews section, part of the Forex Reviews category; DukasCopy FX INFO DukasCopy is a broker based in Geneva, Switzerland and was founded in 1998. DukasCopy is regulated by ...


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Member rating

Customer Support
50%50%50%
2.5
Honesty
70%70%70%
3.5
Quality of Execution
50%50%50%
2.5
Platform Features
70%70%70%
3.5
2 users rated 60% average
DukasCopy Reviews
DukasCopy Reviews
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Published by TheForexReviewer
07-20-2007
Default DukasCopy Reviews

DukasCopy FX INFO

DukasCopy is a broker based in Geneva, Switzerland and was founded in 1998. DukasCopy is regulated by ARIF (self-regulating organization based in Switzerland).

DukasCopy SPECIFICATIONS
Spread on Majors*
EUR/USDfrom 0.5 to 1 pips
USD/JPYfrom 0.5 to 1 pips
USD/CHFfrom 0.5 to 1 pips
GBP/USDfrom 0.5 to 1 pips
USD/CADfrom 0.5 to 1 pips
AUD/USDfrom 0.5 to 1 pips
*Spreads during normal market conditions
AVAILABLE TYPE OF ACCOUNTS & LEVERAGE
Demo AccountYes
Mini AccountNo
Standard AccountYes, US$50,000 to open and up to 100:1 leverage
COMMISSIONS
Commissions are from US$10 to US$18 depending on trading volume.
OTHER INFORMATION
PlatformSWFX – Terminal Level II, SWFX 3.0i (available in java [English only] and web-based)
Supported LanguagesEnglish, French, Deutsch, Spanish, Arabic, Chinese, Japanese
Accepted DepositsWire transfer


How to rate this broker?

Customer service: are they efficient and willing to help on any issue?
Honest: Did they delivered what they were supposed to?
Trading Execution: evaluate slippage, requotes, etc.
Platform Features: Platform capabilities such as trailing stop, OCO orders, one click dealing, etc.

IMPORTANT NOTE: Please post only if you are going to rate this broker, everything else about this company please discuss it at our Forex Services Discussion Forum.

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  #1 (permalink)  
By Ronnie on 10-23-2007, 05:24 AM
Member reviews
Customer Support
60%60%60%
3
Honesty
100%100%100%
5
Quality of Execution
60%60%60%
3
Platform Features
100%100%100%
5
Average 80%
Default nice API

This review has been useful for 1 trader(s).
The overall performance of this broker is very good. They could improve their customer service and their trading execution (specially during news announcements) but definitely their honesty and integrity caps that. Also their API is top notch! I was ready to start auto-trading after only two weeks!

And their best advantage: their are NON DEALING DESK. A real broker.
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  #2 (permalink)  
By yosi on 11-29-2007, 01:30 PM
Member reviews
Customer Support
40%40%40%
2
Honesty
40%40%40%
2
Quality of Execution
40%40%40%
2
Platform Features
40%40%40%
2
Average 40%
Default hmm, I would say just below average

This review has been useful for 1 trader(s).
I think Dukas was my thir or fourth broker and well, it has fair execution but too many requotes. The only reason I decided to open an account with them was because they use ECN so they dont really need to trade against their account holders.

Agree the one reviewer, their API is definitely their best advantage! (if you like auto-trading).
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