Dukascopy Bank Forex Broker General Rating
|
ASPECT
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RATING
|
MAX
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ARCHIEVED
|
|
4.Technology
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87.5%
|
16%
|
14%
|
|
3.Trading-Options
|
88.5%
|
26%
|
23%
|
|
2.Competition
|
46.7%
|
30%
|
15%
|
|
1.Reliability
|
88.3%
|
28%
|
25%
|
|
Overall Rating
|
76.7%
|
100%
|
76.7%
|
Dukascopy Bank Analysis Rating
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GENERAL RATING FORMULA
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Weight
|
DUKASCOPY BANK
|
||
|
TOTAL RATING
|
28%
|
76.7%
|
ANALYSIS
|
|
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1. RELIABILITY
|
25%
|
|||
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1.1 Regulation
|
12%
|
CYSEC=3, CBI=4, ASIC=4, BaFIN=5, FSA (UK)=6, MiFid=8
|
12%
|
MiFID=8, Swiss Ministry of Economics=max
|
|
1.2 Headquarters
|
5%
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General Offshore=0, Cyprus=2, Ireland, Australia=4, USA, UK, Switcherland=5
|
5%
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Home Base Switzerland=5%
|
|
1.3 Found
|
4%
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0-2 Years=0, 2-4 Years =1, 5-7 Years=2, 7-10 Years=3, 10+ Years = 4
|
4%
|
Found in 1998, 10+ years=4%
|
|
1.4 US Residents
|
2%
|
Yes=2 / No=0
|
0%
|
No US Residents on Dukascopy Bank
|
|
1.5 FPA Rating
|
5%
|
Actual Forex Peace Army Rating
|
3.74%
|
Dukascopy FPA=3.736
|
|
1.6 Google Scam Investigator
|
Not Active
|
|||
|
2. COMPETITION
|
30%
|
15%
|
||
|
2.1 Spread on EUR/USD
|
12%
|
<0,5=12%, <0,75=10%, <1=8, <1,5 = 6, <2=4, <3=2, <4=1, >4=0
|
10%
|
Dukascopy EUR/USD Spread at 0.50-1 pip =10%
|
|
2.2 Commissions Charged
|
8%
|
No Commissions=8, Low Commissions=4, Medium Commissions=1
|
0%
|
Commissions $10-$35 / $ 1,000,000 / Some Commissions on Portfolio Maintainace
|
|
2.3 Deposit / Withdrawal Commissions
|
2%
|
Yes=0, No=2%
|
2%
|
No Commissions on Withdrawals at Dukascopy Bank
|
|
2.4 Leverage
|
4%
|
400%+=4, 300%=3, 200%=2, 100%=1, <100%=0
|
1%
|
Dukascopy Bank Leverage is 100%=1%
|
|
2.5 Customer Service
|
4%
|
Live Chat=2, 24/7=2, 24/6=1, 24/5=0, Phone=1
|
2%
|
Dukascopy is offering Phone=1% and 24/6=1%
|
|
3. TRADING OPTIONS
|
26%
|
23%
|
||
|
3.1 Availbale Assets
|
10%
|
Number of Currencies=8%, Commodities=1%, Srocks & Indices=1%
|
9%
|
Many Forex Currencies=8%, Commodities (Gold & Silver)=1%, No Stocks & Indices=0%
|
|
3.2 Bonus / Rebate
|
8%
|
10% Bonus/ Rebate=2, 15%=3, 20%=4, 25%=5 30%=6, 35%=7, 40%+=8
|
8%
|
Dukascopy Bank Rebates up to 50%=8%
|
|
3.3 Scalping
|
2%
|
Yes=2 / No=0
|
2%
|
Yes is allowed at Dukascopy Bank=2
|
|
3.4 Hedging
|
1%
|
Yes=1 / No=0
|
1%
|
Yes is allowed at Dukascopy Bank=1
|
|
3.4 Deposit Methods
|
2.50%
|
For every method 0,5%, max=5
|
1.50%
|
3 methods=1.5% (Credit , Debit Card & Bank Wire)
|
|
3.5 Withdrawal Methods
|
2.50%
|
For every method 0,5%, max=5
|
1.50%
|
3 methods=1.5% (Credit , Debit Card & Bank Wire)
|
|
4. TECHNOLOGY
|
16%
|
14%
|
||
|
4.1 Available Platforms
|
5%
|
Each Platform=1%, max=5
|
4%
|
4 Platforms Available=4% 1) Dukascopy Web Trader 2) Java Trader 3) MT4 Platform 4) Jforex Automated
|
|
4.2 API Trading
|
1%
|
Yes=1 / No=0
|
1%
|
API is available directly from Dukascopy Bank
|
|
4.3 Expert Advisors
|
2%
|
Yes=2 / No=0
|
2%
|
Yes (Jforex Platform)
|
|
4.4 Mobile Trading
|
2%
|
Each Supported Device=0,5%, max=4
|
1%
|
Android and iPhone Applications =1%
|
|
4.5 MT4 / MT5 Availability
|
1%
|
Yes=1 / No=0
|
1%
|
Yes (Dukascopy MT4)
|
|
4.6 General Innovation
|
5%
|
High Innovation=5%, Medium Innovation=2.5%
|
5.00%
|
High Innovation (Jforex Platform, SWFX market and other innovations in Dukascopy bank services)
|
Dukascopy Bank Forex Broker Rating Analysis
Online Forex (2012)
