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DukasCopy question

  • #61
  • Sep 25, 2007 2:16pm Sep 25, 2007 2:16pm
Where o where does any one get help with dukas Jforex api ???

My questions
dds - dukascopy strategy file.

Are there any forums for dds builds ?
What development platform do I use to build dds files ?
Where are the many dds examples ?
How does one create a dds file, just via note pad ???
Notepad is no good for script development, so is there something else ?
  • #62
  • Sep 27, 2007 11:55am Sep 27, 2007 11:55am
Another broker Finex is under investigation by the Swiss Banking Commission SFBC

http://www.forexfactory.com/showthread.php?t=49010
  • #63
  • Sep 27, 2007 2:12pm Sep 27, 2007 2:12pm
What do you think about this picture. One is a marketplace and other is market maker. I even see sometimes a difference, one giving totally another price, 5 pips difference.
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  • #64
  • Sep 28, 2007 2:41pm Sep 28, 2007 2:41pm
Here You can see one more - another marketplace and marketmaker. Here you can see how Market market can be out of market…
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  • #65
  • Aug 11, 2008 2:09am Aug 11, 2008 2:09am
Quoting highway
I just want to make a short note and make an end commenting here. ( unless the SFBC reply my request )

Switzerland is not a third world country or an island somewhre in the ocean. Most third world people don't understand about western laws and trying to interprete according to their standards won't help. ( even between western laws there are so much difference, )
If you have any rightful complains about any Swiss brokers, your rights are protected through the Swiss consumer Protection Act. If any Swiss broker does anything unlawful outside your contract, you can contact the agency above.
In Switzerland, all Swiss business have to state CLEARLY the rules and follow the Swiss standard of fair marketing. Note This: If there is a conflict and the issue was not stated in the sales contract, the settlement will be based on the Code of Obligations - Swiss Law.
Once the law book is opened, you see the amount of rules that a business must follow ( see admin.ch link above ). As a consumer, there is hardly anything required of you.
If a certain info is not on the website or sales contract, your broker has almost lost the case. The first thing they are required to do is give clear and direct prices related to their services. Pay and get what you see.
ALL businesses in Switzerland are regulated. If anyone is not following the rules, write a complain to this agency and they will send people to investigate and make the business to comply with the official sales / marketing standard.
It does not matter whether it is NFA or whatever club. In the end, it is the LAW of that Country that counts. The NFA can do nothing. It is only the LAW - the court of the US justice that can force any Broker to comply. It is the same for all western countries. It all boils up to how your country's law is.
Refco or Neuimex went bankrupt, so can any other in the rest of the world. If Enron can go down, so can any other.Tradex swiss is closed, if I am not wrong, because they violated SFBC rules and not because they are bankrupt. I am not sure what the problem is.
In Switzerland, most of the things are open to public. For example if I want to know whether a company has any creditors coming after them, I can just pay $8 and the government agency, Betreibungsamt will issue me a copy of the creditors that are after the company. If they are no creditors, that means the company is on a safer ground to keep on dealing with. You can do it every week if you like, It cost $8 each time. One can also enquire on how much taxes any company last paid. It is open to the public.
OK. Hope this helps someone.
thank you very much for clearing this
i really appreciate it i have a question i am going to open my account with DUkascopy today will u please tell me how can i check online (paying $8)if the broker is safe or not
one more thing brother u said u have account with them will u please tell how they are
i am from pakistan if any thing goes wrong i can't come to switzerland i dont want to loose my money
need ur help
Don't compare your Trades with Others
  • #66
  • Oct 12, 2009 9:58pm Oct 12, 2009 9:58pm
Hi guys!
I'm in New Zealand, and I have an account with Dukascopy. I kinda chose them mainly because I trust the Swiss economy, and they seemed pretty decent to me. When I started to open my account, they were very helpful because I opened a joint one, so that was a huge +! Every issue they've sorted out very well, I just chat to 'em on Skype in general.

I don't know about other brokers very much - I mean 6 months ago, I thought forex.com was FOREX itself and no broker was needed, so hey. =P I have looked at a few others but after seeing stop-loss hunting and spike reports I resorted to Dukascopy. Their min account is $10k though. I have a standard account that I'm trying to up at the moment but I've dropped back to a demo for the time being. And yes, you can cross MT4 applications to the JForex somehow using a bridge - haven' quite figured it out yet personally!
|/ Dream as if you'll live forever... Live as if you'll die today. \|
  • #67
  • Oct 13, 2009 5:41pm Oct 13, 2009 5:41pm
Highway, your the man.

I'm going to put it in simple terms. Swiss bank accounts are among the most used throughout the world. The laws in switzerland make it near impossible for a forex broker (or any company for that matter) to scam, or fraud a customer, especially when said customer is outside of the country.

Swiss bank accounts are used soooo much by non Swiss residents that it's considered a valuable commodity in Switzerland. For the government to let anything slip through the cracks, and jeprodize the use of their banks by countless millionairs the world over would be purely stupid.

In my opinion, I feel I have more to lose trading with a US broker than a Swiss broker. The US is netorious for spewing BS all over the place, for everything...

Placebo's are among one of America's HUGE BS scams. I'm sorry, any country that's willing to do this... I can't even finish this statement because of the anger I feel about it... HEALTH IS NO JOKE!!!! For america to play with peoples health by using placebo's is nothing short of pathetic...

I think the US traders need to get a better look at themselves before they point the finger everywhere else.
  • #68
  • Jun 4, 2013 9:49pm Jun 4, 2013 9:49pm
Hello Highway,

I picked up this thread from way back and I am quite impressed with your compelling arguments for the Swiss regulatory environment. I am sure a lot of things have changed since then, but one thing I am sure is that the Swiss authority is serious about protecting consumer interests. I recently ran into a situation with a Swiss forex broker that may require such a protection measure. I wonder if I could learn from you how I should initiate the procedure about a complaint?

Thanks,

stwh

Quoting highway
All the regulations and rules a swiss broker must follow are on the previous 2 post. Under the admin.ch link in pdf. I assure you that no broker can simply do what they want against you as a consumer in Switzerland. Don't let any misinformation prevents you from taking any action against any unfair practices of any broker. There are regulations and codes that all Swiss brokers has to stay within. The swiss governement has set up a department for you to file your complains. If a broker play outside the rules as stated in the admin pdf, they are in...
  • #69
  • Last Post: Jun 6, 2013 2:00am Jun 6, 2013 2:00am
It's funny how some threads can be dormant for 4 years and then suddenly pop up again...

I can add an interesting, true story related to Swiss banking laws.

Once a few decades ago I used to live in Switzerland, had a regular consumer checking account with a standard "Kantonalbank", which are the kind with branches in every town... And one time they accidentally transferred several thousand CHF into my account. I was surprised and figured they'll simply deduct it again once they realize the goof-up.

But not so. I received a letter asking me to come into a branch to authorize them to deduct the money.

Now, consider this for a moment. It was their own error. And yet, in order to correct this error, the bank needs to get my permission to deduct this money, which was not mine to begin with.

I ignored the letter, thinking: why should I be inconvenienced to fix their own error? Also I figured at least I can get some interest while this money is parked, and I just plain liked the idea of making a bank sweat a little because of me

Eventually, they threatened to sue me if I don't come in to authorize the deduction. Moral of the story: Swiss banking must be rather strict if a bank can't just reverse an erroneous deposit like that.
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