DislikedDid you call Dukascopy with this issue? Or asked this question on Skype ? What they said?Ignored
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DislikedI tried the web based demo account since I am new and want to buy USD with CDN but the demo only allows me to open in USD. I have to admit I am very new to trading currencies and still learning, but is it possible that I cannot open an account with Dukascopy in CDN?Ignored
DislikedI did have one question about Dukascopy. If I make a mistake and blow up my live account, could I be liable for any more funds other than the actual equity I have in a Dukascopy FX account?
The reason I ask is that on a different FX Broker website, not Dukascopy,it states that one cannot lose more than what is actually in their account in equity, but if you go to another page of their disclaimer, they clearly state that one can lose much more than the equity in their account and would be liable for it.
Confusing, so I called the broker and...Ignored
DislikedThe answer is to read very carefully the whole document which you sign when requesting an account be opened. I did, it was hard work and took me a few hours; but the answer to your question about loss is in there.
My document said that when the account equity value reaches zero my open positions will not be closed. There was some other text which described exactly the process to be followed and there is a point where any positions would be closed - which is anecdotal to me because I don't intend to ever be that close to the wire. If you...Ignored
DislikedHi
You can not run into debt with Dukascopy. Our platforms are designed that should your leverage hit 200% it will hedge your trades therefore not allowing you to trade more then what you have.
Also if / when your equity goes below $100 your account is frozen meaning you can not place any more trades. At this point you can either "top up" your account and continue to trade or if you chose you can withdraw the remaining funds from your account..
Thanks
Dukascopy Bank SAIgnored
DislikedI really like their plataform, JForex... I use it as demo, for fun... i just dont open a account with them because we have to pay comissions, and it eat our profit :/Ignored
DislikedI really like their plataform, JForex... I use it as demo, for fun... i just dont open a account with them because we have to pay comissions, and it eat our profit :/Ignored