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Dukascopy Review and Tutorial 2020. Traders in Russia welcome Dukascopy Facts Figures. Dukascopy is a Swiss-based forex, CFD, and binary options broker. Awards Best Forex Trading Apps, 2019 Best Platform Mobile Trading, 2018 Best Forex Bank, 2018 Best Forex ECN STP Forex Broker, 2018 Best Provider of Liquidity, 2017 Best Trading Platform, 2016 Binary Options Broker of the Year, 2015 Bonus 10 equity bonus Instruments Forex, CFDs, binary options, indices, shares, commodities, metals, cryptocurrencies, bonds Demo Account Yes Min.

01 lots Regulated By FINMA, FCMC, JFSA MT4 Integration Yes MT5 Integration No Mobile Apps Yes Auto Trading Yes - EAs are compatible Trade Signals No Islamic Account Yes CFD FTSE Spread 166 GBPUSD Spread N A Oil Spread 5. 1 Stocks Spread Start from 0. Dukascopy offers FX trading on over 60 currency pairs. GBPUSD Spread 1 EURUSD Spread 0. 3 EURGBP Spread 0. 9 Assets 63 Cryptocurrency.

Bitcoin, Ethereum and Litecoin CFDs. Spread Start from 0. 1 Coins BTC, ETH, LTC. Dukascopy is an online broker and bank headquartered in Europe. Users can trade forex, CFDs and binary options on the broker s JForex 3 platform or MetaTrader 4 MT4. This review will detail Dukascopy s offering, covering minimum deposit and margin requirements, withdrawal options, trading tools, spreads, leverage, and more. Dukascopy Overview. The Geneva-based brokerage was founded in 2004 by Dr Andre Duka and his partner, Veronica Makarova.

It serves retail clients with a license from the Swiss Financial Market Supervisory Authority FINMA. Its subsidiary, Dukascopy Europe, caters to the European market under the oversight of the Financial and Capital Market Commission FCMC. In 2006, the company launched its banking arm, offering current accounts and credit card services.

In 2015, Dukascopy extended its e-banking reach, acquiring Alpari Japan K.a bank regulated by the Financial Services Agency of Japan JFSA. The net worth of the Duskacopy Group has grown over the years with the company now employing over 300 people in offices across Geneva, Zurich, Kiev, Tokyo, Hong Kong, Kuala Lumpur, and Riga, Latvia. Available to Dukascopy traders is the broker s proprietary platform, JForex 3, the industry popular MetaTrader 4, plus the Web Binary Trader system for binary options trading.

The JForex 3 platform is excellent for technical trading and automated strategies. It s available as a desktop download or can be accessed via web browser. Online charts, 24 drawing tools, and over 270 indicators and chart studies allow traders to analyse market sentiment. JForex 3 is particularly good for automated trading. Cloud storage and VPN services allow strategies to run around the clock. A comprehensive historical tick data feed, dating back to 2003 and developed on a Python API is also available.

And not only is the quality of data high, but it can be exported for further analysis. Overall, take the JForex platform vs the proprietary and white label systems offered by the likes of Interactive Brokers IBFXCM, NinjaTrader, Saxo Bank and CMC Markets, and Dukascopy s software more than holds its own. A third-party bridge allows Dukascopy traders to use the industry-standard MT4 system. So traders more comfortable viewing forex data, gold charts and live price quotes on MT4, can do so.

An economic calendar, widgets and advanced charting tools are also available on MT4. As the industry s leading software, it s reassuring to see Duksacopy have made the MT4 platform available, along with leading names including Zulutrade, Pepperstone, Oanda, and XTB. Note, Dukascopy traders cannot use the MetaTrader MT5 system. Web Binary Trader. For binary options, Dukascopy s Web Binary Trader promises straightforward market access. One-click trading is available and users benefit from predetermined payouts and risks.

In-the-money contract yields start from 70 of the premium paid up to 90. Trading amounts start as low as 1 and there are no commissions or hidden fees. It s a clean, intuitive platform that makes trading binary options a user-friendly experience. Instruments Markets. Duskacopy boasts a 500 instrument list across a range of markets. CFDs Oil Gold ETFs Metals Bonds Indices Commodities Binary options Stocks shares Cryptocurrencies.

Dukascopy scores fairly well when it comes to live spreads and trading fees. Average spreads for popular currency pairs, such as the EUR USD and USD JPY are around 0. A default commission rate of 0. 7 pips brings the average total trading cost to approximately one pip, which is similar to other providers. With that said, the broker does tier its spreads and commissions according to trading volume, so active users benefit from discounts.

For example, overnight rollover fees are reduced for frequent traders with swap rates published on the Overnight Policy page. Note, an inactivity fee of up to 40 a year is applied to accounts where no positions are taken after a year. Standard leverage of 100 1 30 1 on the weekend is applied to retail accounts by default.

However, use of leverage and margin requirements are agreed during account opening, with a maximum leverage of 200 1 available. A margin calculator can be found on the broker s website. The Dukascopy mobile app is excellent. Available on iOS and APK, the app comes with integrated market signals, customisable alerts and seamless chart operations.

46 technical indicators are available, which is above average for mobile accounts. You also get level-two quotes, multiple related order types, plus a library of strategies from the Dukascopy community. In addition, there are research tools and newsfeeds, plus live chat support should you encounter any forex trading issues, for example. The only notable drawback is that mobile users will be charged a fee for using over 20 SMS message alerts in a month.

com customer reviews are mixed when it comes to the deposit and withdrawal options available. For deposits, users are restricted to prepaid debit and credit cards plus bank transfer. The minimum deposit is 100 and payments incur a 1. Card payments are the fastest option and are normally processed within one working day, while bank transfers can take up to two business days. The minimum lot size is 1,000 of the base currency. Users have more choice when it comes to withdrawals.

On top of plastic debit credit cards and bank accounts, Skrill, Neteller and Bitcoin can be used. There is no minimum withdrawal, however, the cost of withdrawal can reach 50. Withdrawal times range from same day to three business days, which is fairly prompt but perhaps unsurprising given that Dukascopy is a bank. The addition of popular payment methods, such as PayPal, plus a reduction in deposit and withdrawal fees would improve Dukascopy s payments rating.

Dukascopy offers demo accounts for forex and binary options trading using the JForex 3 and MT4 platforms. Register for a demo account on the broker s website to receive login credentials. You ll then be able to test the platforms and strategies on the S P 500 or Nasdaq, for example, using historical and real-time data. The only drawback is that demo accounts are available for just 14 days, whereas unlimited demo accounts are available at some brokers.

Dukascopy offers several bonuses. A 10 equity bonus can be applied for within 30 days of the last account deposit. A volume trading discount is also available and can reduce costs by up to 20. In addition, a 100 account deposit is available. Finally, if you refer a friend to Dukascopy using the Introducing Broker scheme, you can bag a 100 discount on trading commissions, up to 100. The total iq option 100 bonus of active trading bonuses cannot exceed 50,000 per account.

Also, bonus requirements dictate that certain volume thresholds must be met within a year, and can be up to 30,000 times the account equity including the bonus amountat the time the bonus was applied for. Overall, bonuses are reasonable, but more attractive offers can be found at other brokers. Still, it s worth keeping an eye on the Dukascopy Bonus page for news of no deposit bonuses and registration offers.

Regulations Licensing. Dukascopy is regulated by the Swiss Financial Market Supervisory Authority FINMAwho are particularly strict. In fact, securities dealers in Switzerland must also be licensed as a bank. Dukascopy s clients are protected up to CHF 100,000 in the event the broker goes bankrupt. Dukascopy is regulated in Europe by the Financial and Capital Market Commission FCMC.

And although the broker is not regulated by the UK s Financial Conduct Authority FCAits license to operate in Europe means it can offer products to citizens from the UK. Licensing conditions state that Dukascopy must keep client funds segregated from company capital. Negative balance protection is also in place to ensure users cannot lose more than their initial deposit. Regulations do, however, prohibit Dukascopy from offering its services in certain countries, including to US residents.

Overall, this review is satisfied that Dukascopy is trustworthy and there have been no known regulatory violations. Dukascopy offers a decent breadth of additional tools. Newsfeeds from Reuters and MarketPulse are available, so too is a live economic calendar with forecasts. The brokerage also runs trading contests where traders can see how they compare to peers. In addition, the website houses a selection of guides and webinars to help traders get to grips with certain instruments or markets, such as the Dax 30, for example.

A special mention goes to the Dukascopy TV channel. The Geneva-based TV studio and its reporters interview industry experts and discuss market sentiment to keep users in the loop with the latest market updates. Automated traders can be rest assured that algorithmic trading is available at Dukascopy through the JForex 3 platform and FIX APIs. Python script examples and how-to documentation are available on the website.

Automated strategies can be back-tested against historical data before they go live. On the downside, Dukascopy does not have a local VPS, although a hosting program is available for a monthly fee. Also, social copy trading isn t available at Dukascopy which could be a limitation for some new traders. Overall though, the broker has a generous range of additional tools.

Dukascopy offers a forex and CFD trading account plus a binary options trading account. There is a swap-free account for Islamic traders. Managed accounts are also available, with a Percent Allocation Management Module PAMMcustomer reviews of which are positive. We would have liked to see a tiered account system, with additional benefits extended to those depositing and trading more, but the current system does make choosing an account straightforward and volume bonuses can be applied for.

Note, Dukascopy is a true ECN broker and not a market maker. Benefits of opening an account with Dukascopy include. Choice of trading platforms, including MT4 and Dukascopy s proprietary JForex 3 system Over 500 tradable products, including forex, CFDs and binary options Dukascopy TV available to educate and up-skill traders Trusted brand licensed in multiple jurisdictions Decent leverage levels of 200 1 available.

Disadvantages to Dukascopy s offering are. Average registration bonuses and promotions Limited account types and payment options Lack of dual-factor authentication. The majority of Dukascopy products are available 24 hours a day, opening at 21 00 on a Sunday GMT 22 00 during Winter Time and closing with the market on 21 00 GMT at Friday 22 00 GMT during Winter Time. The broker runs a fairly seamless service, so users don t have to adapt to a holiday schedule at different points in the year.

Dukascopy customer service operates 24 5 in 12 different languages. So whether you re from Europe, Indonesia, India, Ukraine or the UAE, support is available via. Live chat found in the bottom right-hand corner of the broker s website Email support dukascopy. com Telephone 41 22 799 4888. You can expect to get through to customer support within a couple of minutes and representatives are able to deal with most queries, including login issues, such as account locked 823 and authentication failure 801 error messages.

There are also responsive MT4 and JForex community forums that are able to answer most technical platform questions. To iq option 100 bonus up to date with the latest Dukascopy news, keep an eye on their social media channels. Note, the jobs and affiliates portals can be accessed from the bottom of the broker s website. Dukascopy follows industry-standard security procedures, including website encryption to protect sensitive client data.

The MT4 trading platform uses a one-time-password OTP. However, the security on the JForex platform is limited. Bringing in dual-factor authentication would better protect users. Is Dukascopy A Good Broker. Dukascopy is a solid online broker, offering a decent range of products, including CFDs, forex and binary options. This review finds that the brokerage is particularly good for automating strategies and experienced traders due to the volume discounts.

Dukascopy accepts traders from Australia, Thailand, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries. Traders can not use Dukascopy from Afghanistan, Iran, United States, Belgium, Israel, Canada.

Is Dukascopy legit. Dukascopy is a legitimate and trusted broker, attracting thousands of traders from around the world. It offers a superb proprietary trading platform, volume discounts, and its own TV channel for learning. Is Dukascopy regulated. Dukascopy is regulated by the Swiss Financial Market Supervisory Authority FINMAEurope s Financial and Capital Market Commission FCMCand Japan s Financial Services Agency JFSA.

How do I withdraw money from Dukascopy. From your account area, navigate to the payments section and hit Withdraw. Payments can take up to three days and are subject to a fee of up to 50. How can I open an account with Dukascopy. The account opening process at Dukascopy is straightforward and paperless. Head to the broker s website, select an account from the open account bar on the left and follow the on-screen instructions. You ll need to submit some basic information and make a video identification.

How does the Dukascopy margin call work. A margin call means your account does not meet the margin requirements needed to increase your account exposure. As a result, clients will only be able to execute trades that will reduce exposure, by exiting or hedging against existing positions. Dukascopy will not automatically cancel bid offer orders that increase exposure.

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SMS EMAIL Iq option 100 bonus. It removes the possibility of a user registering with fake Email Address Mobile Number. This plugin checks the existence of the Email Address Mobile Number and the ability of a user to access that Email Address Mobile Number. The plugin ships with 10 free email and 10 free SMS transactions. Use third party SMS Gateway. In our OTP Plugin you can use any of your own third party gateway for sending the SMS Email.

You can also choose to go with our miniOrange gateway to perform OTP verification over Phone and Email or to send custom SMS notifications. Contact us at otpsupport xecurify. com to know more. WOOCOMMERCE SMS NOTIFICATION. This is a separate add-on to the existing plugin which allows your site to send automated order and WooCommerce notifications to buyers, sellers and admins.

Buyer and seller both can get SMS notification after an order is placed or when the order status changes. SMS notification options can be customized in the admin panel very easily. PASSWORDLESS LOGIN. Passwordless Login is a modern way of logging into your WordPress site without the use of a password.

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ULTIMATE MEMBER SMS NOTIFICATION. This is a separate add-on to the existing plugin which allows your site to send automated Ultimate Member notifications to admins and users. ULTIMATE MEMBER PASSWORD RESET OVER OTP. This is a separate add-on to the existing plugin which replaces the existing Ultimate Member Password reset functionality with OTP Verification. Allow users to reset their password using OTP Verification instead of email links.

Supported Forms. How does this plugin work. On submitting the registration form an Email SMS with OTP is sent to the email address mobile number provided by the user. Once the OTP is entered, it is verified and the user gets registered. How is this plugin better than other plugins available. Verification of user s Email Address Mobile Number during registration is a must these days. But what if you do not have your own SMTP SMS gateway.

With our plugin it s not necessary to have your own SMTP SMS gateway. You can use our gateways to send OTP over Email SMS. WorldWide SMS Coverage Choice to use your own SMS SMTP Gateway. Easy and hassle free setup. You just need to choose your registration form and you are good to go. Customizable Email SMS Templates.

SMS Notification iq option 100 bonus. Unique integration with each form to bring you the best possible out of the box solution and customizable options. World Class Support. Customized solutions and Support options are available. Email us at otpsupport xecurify. OTP Verification Settings - Registration Form selection Email Verification via OTP Mobile Number Verification via OTP WooCommerce SMS Notifiation settings WooCommerce SMS Notification specific setting WooCommerce SMS Customized SMS delivery.

From your WordPress dashboard. Visit Plugins Add New Search for miniOrange OTP verification. Find and Install OTP verification Activate the plugin from your Plugins page. From WordPress. Download miniOrange otp verification. Unzip and upload the miniorange-otp-verification directory to your wp-content plugins directory. Activate miniOrange OTP verification from your Plugins page. Why am I required to register.

Our very simple and easy registration saves your time of configuring WordPress email settings. You don t need to configure your own SMTP Simple Mail Transfer Protocol gateway, our SMTP gateway is used for sending OTP. Which forms are supported right now. WordPress default registration form, WooCommerce registration form, WooCommerce checkout form, WooCommerce Social Login form, ProfileBuilder registration form, Simplr registration form, Ultimate Member registration form, BuddyPress registration form, Custom User registration form builder RegistrationMagicUsers Ultra registration form, User Profiles Made Easy registration form, PIE Registration Form, Contact Form 7, Ninja Forms, Theme My Login, UserPro Plugin, GravityForms, Default WordPress Login Form, WP-Members, Indeed Ultimate Membership Pro, Classify Theme, RealesWP Theme, WP eMember Form, FormCraft Form, WordPress Comments, DocDirect Theme, WpForms, Caldera Forms, MemberPress, MultiSite Registration Form, Paid Membership Pro, Real Estate 7 Pro, Ultimate Member Password Reset Form, Ultimate Member Profile Accounts Page, Profile Builder Registration Form, Ultimate Member Login Form, UserProfile Made Easy Registration Form, User Ultra Registration Form, Form Maker Form, Woocommerce Product Vendor Registration Form, WooCommerce Billing Address Form, Visual Form Builder, Formidable Form.

I want support for other forms. To get support for custom forms or a plugin designed form, please email us at otpsupport xecurify. com with a brief description of your form. You can also submit your query from the plugin s settings page. For any other query problem request. Please email us at otpsupport xecurify. Best Support team. Lots of functionality and amazing support. Great Plugin Even Better Customer Service. Amazing support.

Great functionality and support. Great support team. Email Verification SMS Verification OTP Verification is open source software. Email Verification SMS Verification OTP Verification has been translated into 1 locale. OTP Verification Form Fixes and improvements Added feature for Viewing SMS and Email Transactions. Added improvements for WooCommerce Registration Form. Added improvements for Ultimate Member Registration Form.

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Addon fixes. Premium addon improvements. OTP Verification UI Changes, New Pages Added Documentation Fix for Ninja Form Added Contact Us Page Added Premium Addons Page Updated Documents Updated FAQs Compatibility with WooCommerce 4. OTP Verification Fixes Fix for Fatal error on certain enviroments Compatibility with PHP 7. OTP Verification Compatibility with WordPress 5. OTP Verification New Form Improvements WP Client Registration Form Visual Tour Updated Documents Security improvement.

OTP Verification Fixes Fix For WooCommerce Registration form Ultimate Member Reset Password Fix. OTP Verification Support form and security improvement. OTP Verification Feedback email changes. OTP Verification Endpoints migration. OTP Verification UI Changes. OTP Verification Fixes Multisite Form Fix Fix for WooCommerce billing form. OTP Verification WooCommerce Improvements Updated the compatibility with WooCommerce social login form Fix for WooCommerce checkout form. OTP Verification Contact Form 7 fix.

OTP Verification Security Fix. OTP Verification Improvements Fixes Ultimate Member Added customizable phone meta key Added shortcodes for Custom Messages Email SMS Added Delayed OTP on the Login Form Merged Ultimate Member and Default Login form FormCraftBasic and FormCraftPremium form fixes for multiple forms on same page Caldera Form Fixes for multiple forms on same page Fixed an issue while saving SMS Configuration in Custom Gateway Plugin MemberPress Added an option to allow OTP Verification only for non-logged in users WooCommerce Registration added feature to restrict duplicate phone numbers Added support for Formidable Form Added support for Visual Form Builder Added support for WooCommerce Billing Translation Fixes for WPML Updated Translations Added options to handle Multiple Contact Form 7 on same page.

Fix for WooCommerce Registration where errors are checked first before validating OTP Fixes for User Ultra Form. OTP Verification Fix for PHP version 5. OTP Verification Improvements Default Login Form Added a fallback option for Passwordless Login Various Fixes for Gravity Forms Removed jQuery dependency for Country Code Dropdowns Fixes for Ninja Forms Added an option to handle text and phone fields WooCommerce Notification AddOn Fixes Custom SMS AddOn Fixes Added Let User Choose option for MemberPress plugin.

OTP Verification New Forms Improvements WooCommerce Checkout Form fixes Ultimate Member New User Notification Added support for OTP Verification for FormMaker Form MemberPress Bug Fixes Added an ajax form verification option for Ultimate Member Added support for OTP Verification for Ultimate Member Profile and Account page Added support for OTP Verification for Ultimate Member Login Page Added option to do just Email OTP or Phone OTP for Default Login Form Added option for Ultimate Member to password reset using OTP Added support for Woocommerce Product Vendor Registration Form Bug Fixes all around.

OTP Verification New Forms Performance Improvements. Fix for WooCommerce for custom payment types. Fixes for WooCommere Checkout Form. Added support for MemberPress Form. Added support for Paid Membership Form. Added support for Reales7 Pro Form. Added support for MultiSite Form. Few Changes Additions Fixes to the Popup Templates. Fixes for Gravity Form. Added option to restrict phone numbers for Ultimate Member Added option for Email Verification for WordPress Default Login Form Added support for Vendor registration for WooCommerce Added a feedback form.

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Fixed an issue when two or more Gravity Forms exist on the same page. Fixed an issue with not being able to set customized blocked email phone messages. Fixed an issue where HTML content didn t go through while sending customized emails. Added support for Phone Verification for Profile Builder Form. Fixes for Registration Magic Form. Added an option to be able to modify the OTP popups to your liking. Added an option to be able to customize WooCommerce Verification Button Text.

Added support for Wp Forms. Added support for Caldera Forms. Compatibility with WordPress 4. OTP Verification Fixes WooCommerce Registration Fixes Existing Phone Number Default Registration Fixes Existing Phone Number Default Login Fomr Fixes Existing Phone Number WooCommerce Checkout Form Fixes. OTP Verification Country Code fixes. OTP Verification Improvements Bug Fixes for Country Code dropdown Changing the Translation Text-Domain. OTP Verification Fixes Added support for DocDirect Theme Bug Fixes for default registration page.

Bug fixes for Country Code DropDown. Bug fixes for Ninja Forms. Bug fixes for WooCommerce Checkout Form Translation Fixes. OTP Verification Fixes Major Bug Fix and feature enhancement for WooCommerce Checkout Form Added an option to enable SMS or Email Verification for selected payment methods for WooCommerce Checkout Form Option to only allow unique phone numbers during default WordPress registration Option to only allow unique phone numbers during WooCommerce registration Added support WP eMember registration form Added support for FormCraft Forms Phone number can now have spaces, hyphens and brackets Added an option iq option 100 bonus show a dropdown on the phone number field of your form Added support for WordPress Comments form Bug Fix related to translation to support WordPress standards Support for PolyLang Translation Plugin Allow admins to set the length and validity of the OTP generated.

OTP Verification Image Fixes. OTP Verification Option to hide Remaining Transactions message in admin dashboard. OTP Verification PHP 5. OTP Verification Improvements Added an option to allow users to log in using their phone number Added support for Hindi Language. Added hooks and filters in the plugin to allow developers to be able to extend the plugin functionality. Added an option to allow admin to block email domains and phone numbers. Session related bug fixes for many forms. Fixed an issue where resend OTP wasn t working properly for many forms.

OTP Verification Fixes Fixed an issue where you were not able to see the validate OTP field after users enter an invalid OTP. OTP Verification Fixes Bug fixes while saving settings for Ultimate Membership Pro and WP Members form. OTP Verification Enhancements Improvements Added support for Ninja forms Version 3. 0 Added support for Classify Theme Registration form Added an option to show popup on the woocommerce checkout page to enter OTP rather a link or a button. Bug Fixes for WP Members plugin Bug Fixes for WordPress Default Login Page Added support for Classify Theme Form.

OTP Verification UserUltra reCaptcha fixes. OTP Verification Improvements New Forms Added support for Ultimate Membership Pro Added feature where you can select a default country code allowing users to enter their phone number without their country code. Added few more customizable messages under the Message Tab Bug Fixes for Gravity Form. OTP Verification New Form and Fixes Added support for WP-Members Added support for OTP Verification during WordPress Default Login Form Fix for Gravity Forms.

OTP Verification Fix for older versions of PHP. OTP Verification New Forms and Fixes Added Support For Gravity Forms Fixed an issue for WooCommerce Checkout Form Some additional bug fixes. OTP Verification Bug Fixes Fixed an issue with Contact Form 7 version 4. Deprecated Function Fixed an issue where plugin js files were conflicting with another plugin.

OTP Verification Bug Fixes Fixed an issue with invalid mail sent messaging Fixed an issue with Buddypress Form Fix for default Registration Form. OTP Verification New Form and Fixes Added OTP Verification for UserPro Plugin. Fix for UserUltra Form. OTP Verification Form Hook priority fixes. OTP Verification Compatibility changes. 7 Fix while accessing Media in admin dashboard.

Added option to customize the invalid phone number message. Fixes OTP Verification for Registration Magic Form. Fixes for WooCommerce Checkout Form. Fixes for User Profile Made Easy Form. Fixes related to session when more than 1 form were enabled. Added Phone Number validation for Buddypress. 500 error fix when OTP Verification was enabled for Woocommerce Social Login.

Bug Fix for Profile Builder Registration Form. Bug Fixes for older PHP Versions. More customizable options for Ninja Form. BuddyPress Bug Fixes. Added SMS Verification for default form Added support for Theme My Iq option 100 bonus Form Bug fixes for Ninja Form UI fixes for Woocommerce Registration Form. Fixed issue with support form.

4 Added Support for Ninja Form. 3 Contact Form 7 Major Bug Fix. Registration Magic Form bug Fixes. Ultimate Member Social Login Bug Fix Registration Magic Bug Fixes.

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