Welcome to Dukascopy Bank SA Journal


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Dukascopy Bank SA profile

Is Dukascopy Bank SA safe?

  • Investor protection: ...
  • Regulation: FINMA Switzerland, FCMC Latvia, JFSA Japan
  • Segregated account: no
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is Dukascopy Bank SA trusted?

  • Information transparency: high ★★★★★
  • Customer service: prompt, helpful ★★★★★
  • Dukascopy Bank SA website: highly detailed, updated ★★★★★
  • Dukascopy Bank SA popularity (by visitor count): top visited ★★★★★

How Dukascopy works

ECN TECHNOLOGY AND RISK MITIGATION

What is the source of Bid and Ask prices offered on the SWFX? Are there any market making activities on the SWFX? Prices offered on the SWFX are a combination of liquidity provided by the traders placing BID and OFFER orders on the SWFX marketplace (internal liquidity providers) and major banks, brokers and other marketplaces (external liquidity providers)... Dukascopy Bank may add its own liquidity at SWFX' prices.

Are my trading orders going to the interbank market? Can Dukascopy Bank be the counterparty of my trades?

Notwithstanding the fact that the SWFX - Swiss FX Marketplace is an ECN, Dukascopy Bank is the counterparty of all its clients' trades executed on the SWFX. Dukascopy Bank sends orders to the interbank market in its own name for its own needs such as hedging exposures and/or testing validity of prices received from liquidity providers. Not all clients' trades necessarily result in hedging orders sent to the interbank market by Dukascopy Bank. In particular small trades cannot be hedged with external counterparties and therefore could hardly be executed without Dukascopy Bank's liquidity, since external counterparties may not accept trades under a certain minimum size. Also, to date, trades on binary options cannot be hedged. Dukascopy Bank hedges clients trades fully, partially or not in accordance with its hedging technology, needs and banking regulation.

If Dukascopy Bank is the counterparty of my trades does it mean that there is a conflict of interest and/or a risk of price manipulation to my detriment?

Dukascopy Bank cannot guarantee that no conflict of interest may exist.

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