The Dukascopy project started back in under the tutelage of Dukascopy Bank SA, located at Route de Pre-Bois 20, ICC, Entrance H, Geneva 15, Switzerland. Their European branch is Dukascopy Europe IBS AS, located at Lacplesa iela 20a-1, Riga, LV, Latvia. What is very important to note that we are dealing with a Swiss Bank, regulated by FINMA Swiss Financial Market Supervisory Authority. The Swiss banking system is known to be the most solid in the world, so dealing with Dukascopy should be way safer than dealing with any CySEC regulated brokerage.

I sit in front of my laptop thinking how to answer this question in a professional manner. How can you even think Dukascopy is a Scam? This all stops when it comes to Dukascopy because in this case we are dealing with one of the giants of the industry — and I am not only referring to the binary world, but the trading world in general.

This is a big institution, with several branches and sometimes with complicated procedures. This means that things are not as straightforward as they are with, say, a SpotOption brand.

The star of the show is the chart, which is big, clear and shows candlesticks, bars or lines. Technical indicators can be used, time frames can be changed and overall it gives you the possibility to conduct proper technical analysis.

Of course, the platform is more complicated than what most binary options traders are used to, but with a little bit of practice, it becomes easy to use read full platform review here. All is great so far but there has to be a downside, right? In other words, if you are from Europe, you can open an account with as little as bucks; the rest of the world has to cough up 5K.

Sure, it will take you longer to get used to it but I believe the extra effort is well worth. Check out our Recommended Binary Options Brokers.

If your client base is huge, surely some complaints will surface and this is also the case with Dukascopy. There are some complaints online but these are mostly aimed towards their Forex platform which according to some, can be a bit clunky and freezes at times. You will receive the Bonus only if you specifically ask for it.

Dukascopy Bank Review |Dukascopy Forex Broker MT4 and JForex apps

The Bonus will be added only after the turnover requirements are met pending bonus structure. The client CAN withdraw at any time but this will cancel the Bonus. In other words, you are not tied to the platform and this bonus is not a black hole for your money.

To withdraw you will have to fill a form and then wait 1 to 3 days for the transaction to complete. Also, there are no minimum withdrawal amounts so you can take out whatever you feel like. Putting aside professionalism, charts, technical indicators and the fact that they are one of the biggest brokers on the globe, Dukascopy offers tons of contests, ranging from the Most Profitable Trader of The Year to Fashion to Miss Dukascopy I understand the trading contest, but the fashion and beauty pageant, not so much.

Well, different strokes for different folks. I have to admit that the entire website is kind of hard to navigate but this is mostly due to the huge amount of information available. It is well structured but it will take you a while to find what you are looking for.

Dukascopy | Forex Brokers Reviews | Forex Peace Army

The platform is more difficult to use than a regular binary options platform, especially for a green trader. With Dukascopy you have the opportunity to trade more than 1, Daily Stock Options, currency pairs and indices. They also offer pair options but these are a bit different than you might be used to: For example, BMW is part of German DAX. If by the end of the day BMW outperforms the DAX and the trader predicted that scenario, the trade ends up In The Money.

Dukascopy does not charge a fee for transactions, however their partner bank charges a 2. The minimum deposit for Europeans is USD while for the rest of the world is 5, USD. Payments can be made through the majority of credit and debit cards and wire transfers but unfortunately no e-wallets are accepted. Withdrawals take up to 3 business days to appear in your account while deposits appear in 1 day. Apart from the things already mentioned above, Dukascopy offers the Pending Option.

Traders can place pending entry orders that will be executed at a specific time and date but not further than the end of the current week. For question regarding brokers — Please use our Forums. What do you think about the payouts of Binary Options? Hylton Glass on BigOption. Banc De Binary StockPair VIPBinary Bloombex Options Why I use Communitraders Share my trades Demo account Follow other traders Test my strategies I dont use it Where is it?

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