Dukascopy Europe-Full Rating Analysis
Dukascopy Europe Forex Broker General Rating
| DUKASCOPY EUROPERATING SUMMARY | ||
| MAX | ACHIEVED | |
| 1.Reliability | 28.00% | 17.11% |
| 2.Competition | 30.00% | 16.50% |
| 3.Trading-Options | 26.00% | 22.00% |
| 4.Technology | 16.00% | 14.50% |
| Overall Rating | 100.00% | 70.11% |
Dukascopy Europe Rating Analysis
| DUKASCOPY EUROPE RATING ANALYSIS | ||||
| TOTAL RATING | 100.0% | Dukascopy Europe Broker | ||
| Weight Analysis | Factor Analysis | 70.11% | ANALYSIS | |
| 1. FOREX BROKER CREDIBILITY | 28.00% | FACTOR-1 ANALYSIS | 17.11% | Dukascopy Europe Reliability Analysis |
| 1.1 Dukascopy Europe Level of Regulation | 12.00% | FSC (BVI)=1.0%, CYSEC=3.0%, CBI=4.0%, ASIC=4.0%, BaFIN=5.0%, FSA (UK)=6.0%, FINMA=8.0% and MiFID=+4.0% | 12.00% | Dukascopy Europe is regulated by FINMA=8% and by MiFID=4%, Total=12.0% |
| 1.2 Dukascopy Europe Headquarters Base | 5.00% | Offshore=0%, Cyprus=2.0%, Ireland, Australia=4.0%, USA, UK, Germany, France, Switzerland=5.0% | 2.00% | Dukascopy Europe Home Base is in Latvia =2.0% |
| 1.3 Dukascopy Europe Years in the Market | 4.00% | 0-2 Years=0%, 2-4 Years =1.0%, 5-7 Years=2.0%, 7-10 Years=3.0%, 10+ Years =4.0% | 0.00% | Dukascopy Europe was purchased in 2011 by Dukascopy Group=0% |
| 1.4 US Traders | 2.00% | Yes=2.0 or No=0 | 0.00% | Dukascopy Europe doesn't allow US traders = 0% |
| 1.5 Dukascopy Europe Web Ratings (Usage for differentiating results) | 5.00% | 2 Ratings: ForexPeaceArmy Rating=2.5%, EarnForex Rating=2.5% | 3.11% | Dukascopy FPA=3.77/5.0, EarnForex 4.9/10.0, Average= 6.225 / 10.00 |
| 2. FOREX BROKER COMPETITION | 30.00% | FACTOR-2 ANALYSIS | 16.50% | Dukascopy Europe Competition Analysis |
| 2.1 Dukascopy Europe Offering Spread (EUR/USD) | 12.00% | EUR/USD Spread <0.5=12.0%, <0.6=11.0%, <0.70=10.0%, <0.8=9.0%, <0.9=8.0%, <1.0=7.0%, <1.25=6.0%, <1.50=5.0%, <2.0=4.0%, <2.5=3.0%, <3.0=2.0%, <3.5=1.5%, <4.0=1.0%, >4%=0 | 7.00% | Dukascopy Europe EUR/USD Spread is 1.0 pip =7.0% |
| 2.2 Dukascopy Europe Commissions on Trading | 7.00% | No Commissions=7%, Low Commissions=4%, Low to Medium Commissions=3%, Medium Commissions=2%, Medium to High Commissions=1%, High Commissions=0 | 3.00% | Low to Medium Trading Commissions Charged, $10-$35 / $ 1,000,000 |
| 2.3 Dukascopy Europe Commissions on Deposit / Withdrawal | 2.00% | Yes=0 or No=2.0% | 2.00% | No Withdrawal Commissions charged by Dukascopy Europe =2.0% |
| 2.4 Dukascopy Europe Maintenance Fees | 2.00% | Yes=0 or No=2.0% | 0.00% | Yes, Commissions on Portfolio Maintainace are charged =0% |
| 2.5 Dukascopy Europe Rate of Leverage | 4.00% | 400%+=4.0%, 350%=3.5%, 300%=3.0%, 250%=2.5%, 200%=2.0%, 150%=1.5%, 100%=1.0%, <100%=0% | 2.00% | Leverage at Dukascopy Europe is up to 1/200% = 2.0% |
| 2.6 Dukascopy Europe Customer Service Quality | 3.00% | 24/7=1%, 24/6=0.5%, 24/5=0%, Phone=1.0%. Live Chat=1.0%, Skype=1.0% | 2.50% | Dukascopy Europe provides Skype=1%, Phone=1%, 24/6=0.5% = 2.50% |
| 3. FOREX BROKER OPTIONS | 26.00% | FACTOR-3 ANALYSIS | 22.00% | Dukascopy Europe Trading Analysis |
| 3.1 Dukascopy Europe Availbale Forex Currencies | 8.00% | 45+ Currency Pairs=8.0%, 40+ Currency Pairs=7.0%, 35+ Currency Pairs=6.0%, 30+ Currency Pairs=5.0%, 25+ Currency Pairs=4.0%, 20+ Currency Pairs=3.0%, 15+ Currency Pairs=2.0%, 10+ Currency Pairs=1.0%, Less than 10 pairs=0 | 8.00% | Dukascopy Europe offers 47 Forex Currencies=8.0% |
| 3.2 Dukascopy Europe Other Financials Available | 2.00% | Commodities=1.0%, Energy=1.0%, CFD trading=1.0% | 1.00% | Two Commodities are offered (gold and silver)=1.0% |
| 3.3 Dukascopy Europe Bonus / Rebate Rate | 8.00% | Bonus / Rebate >40%=8.0%, >35%=7.0%, >30%=6.0%, >25%=5.0% >20%=4.0%, >15%=3.0%, >10%=2.0%, >5%=1.0 | 8.00% | Rebate at Dukascopy Europe is up to 50%=8.0% |
| 3.4 Scalping Allowance | 1.50% | Yes=1.5% or No=0% | 2.00% | Dukascopy Europe allows scalpers =2.0% |
| 3.5 Hedging Availability | 1.50% | Yes=1.5% or No=0% | 1.00% | Yes Dukascopy Europe allows hedging |
| 3.6 Dukascopy Europe Number of Deposit Methods | 2.50% | For each deposit method available=0,5%, max=5 methods | 1.50% | 3 methods available (Credit Cards, Bank Wire, Bank Guarantees) =1.5% |
| 3.7 Dukascopy Europe Number of Withdrawal Methods | 2.50% | For each withdrawal method available=0,5%, max=5 methods | 0.50% | 1 method available (Bank Wire) =0.5% |
| 4. FOREX BROKER TECHNOLOGY | 16.00% | FACTOR-4 ANALYSIS | 14.50% | Dukascopy Europe Technological Analysis |
| 4.1 Dukascopy Europe Available Platforms | 5.00% | Each Supported Platform=1%, max=5 | 4.00% | 4 Platforms Available 1) Web Trader 2) Java Trader 3) MT4 4) Jforex =4.0% |
| 4.2 API Trading Availability | 1.00% | Yes=1.0 or No=0 | 1.00% | Yes, API trading is available =1.0% |
| 4.3 Automated Trading (Expert Advisors) | 2.00% | Yes=2.0 or No=0 | 2.00% | Yes Dukascopy Europe allows Expert Advisors using Jforex which accepts also strategies from 3d parties =2.0% |
| 4.4 Dukascopy Europe Mobile Devices Support | 2.00% | Each Supported Device=0,5% (iPhone, iPad, Android, Windows Mobile, Blackberry), max=4 | 1.50% | Dukascopy Europe provides applications for iPhone, Android and iPad =1.5% |
| 4.5 Dukascopy Europe MT4 / MT5 Availability | 1.00% | Yes=1.0 or No=0 | 1.00% | Yes Dukascopy Europe supports MT4 =1.0% |
| 4.6 Dukascopy Europe Level of Innovation | 5.00% | High Innovation=5%, Medium Innovation=2.5% | 5.00% | High Innovation (Jforex unique Automated Platform & Access to SWFX -Swiss Forex Market) =5.0% |
Online Forex (2012)
