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  • #321
  • Sep 1, 2010 9:19am Sep 1, 2010 9:19am
A friend of my ran the same strategy on FXCM (hotspot) and Dukascopy. When the market reached the trigger price, hotspot got his order rejected, Dukascopy - accepted. Later on he spoke to Dukas live department and found out that the order was executed through hotspot. Does it mean you have better access to their liquidity than fxcm self-traders?
  • #322
  • Sep 1, 2010 10:22am Sep 1, 2010 10:22am
Quoting John Ay
A friend of my ran the same strategy on FXCM (hotspot) and Dukascopy. When the market reached the trigger price, hotspot got his order rejected, Dukascopy - accepted. Later on he spoke to Dukas live department and found out that the order was executed through hotspot. Does it mean you have better access to their liquidity than fxcm self-traders?
FXCM has no relation to Hotspot from an execution standpoint. FXCM bought Hotspot's retail client base (Hotspot FXr retail clients became FXCM Active Trader clients), that is all. Was your friend using the Active Trader platform or FXCM's standard platform?
  • #323
  • Sep 1, 2010 2:06pm Sep 1, 2010 2:06pm
Quoting Vik22
Is it possible to use Ninja trader on dukascopy?
Through their FIX API?
They say so on their forum, but I was wondering if anyone was using that here.
Also, what about the 100k minimum, does tht apply to Ninja? Or, only custom API's.
Hi Vik22,
Yes. It is possible. I have developed custom application to do that.
For more information, Please PM me.

Forexfactory moderator: I don't know if I am violating forum policies here by replying to above post. If so, please tell, I will amend my reply. Thank you.
FrozenThought
  • #324
  • Sep 1, 2010 4:28pm Sep 1, 2010 4:28pm
Quoting pippin4me
ME 2!!!!

How silly is that!
It is really curious that you guys (or gals) are having such difficulty opening an account. It took me 4 days from the registered posting of documents (might have been 4 working days) to receiving an email from my AM thanking me for the business. Then another couple of days to wire-in some money.

I suggest you get on the phone and call your AM, and don't forget that Switzerland is GMT+ a few so 9am ET is about the latest to make that call for normal office hours.

Saying that - I was talking to their support people during the final account creation/login process at something like 21:00 GMT and they were both polite and sensible (with a foreign accent).
Minesweeper target: 284
  • #325
  • Sep 1, 2010 8:03pm Sep 1, 2010 8:03pm
So,

what happened to the answers we are waiting from the Dukascopy representative?


Still waiting ...
  • #326
  • Sep 2, 2010 1:11am Sep 2, 2010 1:11am
Quoting Primate
It is really curious that you guys (or gals) are having such difficulty opening an account. It took me 4 days from the registered posting of documents (might have been 4 working days) to receiving an email from my AM thanking me for the business. Then another couple of days to wire-in some money.

I suggest you get on the phone and call your AM, and don't forget that Switzerland is GMT+ a few so 9am ET is about the latest to make that call for normal office hours.

Saying that - I was talking to their support people during the final account...
Yes, they keep asking me to provide other information for their legal department, they want proof where my money come from...

I understand where they are going but considering I just want to put in 1000 USD for practicing, it's pretty annoying. My country is not dodgy like Nigeria or something like a money laundering hotspot
  • #327
  • Sep 2, 2010 12:43pm Sep 2, 2010 12:43pm
I am going through the same BS, I just hope i don't get rejected!

Quoting pippin4me
Yes, they keep asking me to provide other information for their legal department, they want proof where my money come from...

I understand where they are going but considering I just want to put in 1000 USD for practicing, it's pretty annoying. My country is not dodgy like Nigeria or something like a money laundering hotspot
  • #328
  • Sep 3, 2010 12:24am Sep 3, 2010 12:24am
Quoting pippin4me
Yes, they keep asking me to provide other information for their legal department, they want proof where my money come from...

I understand where they are going but considering I just want to put in 1000 USD for practicing, it's pretty annoying. My country is not dodgy like Nigeria or something like a money laundering hotspot

Do you really think they're going to risk a banking license for a trader?

You will encounter the same scrutiny from any Swiss bank. Just give them what they want and you’ll be up and trading in no time.

JD
It's Easy To Get In;.. It's Hard To Get Out
  • #329
  • Sep 3, 2010 8:55pm Sep 3, 2010 8:55pm
Quoting John D

Do you really think they're going to risk a banking license for a trader?

You will encounter the same scrutiny from any Swiss bank. Just give them what they want and you’ll be up and trading in no time.

JD
Finally, approved!
  • #330
  • Sep 5, 2010 1:16pm Sep 5, 2010 1:16pm
Quoting pippin4me
Finally, approved!
Yee-aay! So they didn't find out about the dodgy IMF bonds deal then
Minesweeper target: 284
  • #331
  • Sep 5, 2010 2:15pm Sep 5, 2010 2:15pm
hi i skipped most part of the thread but is it correct for dukascopy?

-meta trader platform
-5k minimum deposit
-min. lotsize 0.1lot

?
thanks !
  • #332
  • Sep 5, 2010 5:36pm Sep 5, 2010 5:36pm
No you got nothing right-

Metatrader - not available
1K minimum deposit
min. lot size 0.01 lot
  • #333
  • Sep 6, 2010 2:09pm Sep 6, 2010 2:09pm
Still no reply from Dukascopy representative?

Am I the only one interested in having those answers?

Happy trading to all.
  • #334
  • Sep 6, 2010 5:15pm Sep 6, 2010 5:15pm
hey guys :-)
in dukascopy 1 lot == 1 mio!
Lets speak about "amount" instead of "lots".
The minimum possible amount to trade is 1000 base currency units.
  • #335
  • Sep 7, 2010 7:39am Sep 7, 2010 7:39am
Quoting John Ay
A friend of my ran the same strategy on FXCM (hotspot) and Dukascopy. When the market reached the trigger price, hotspot got his order rejected, Dukascopy - accepted. Later on he spoke to Dukas live department and found out that the order was executed through hotspot. Does it mean you have better access to their liquidity than fxcm self-traders?

Hi

I can not comment on how other broker's work and how their trades are executed.
In relation to Dukacopy Bank, we have a large pool of liquidity providers.

Thanks
Dukascopy Bank SA
  • #336
  • Sep 7, 2010 7:41am Sep 7, 2010 7:41am
Quoting sacrelege
hey guys :-)
in dukascopy 1 lot == 1 mio!
Lets speak about "amount" instead of "lots".
The minimum possible amount to trade is 1000 base currency units.

Hi

At Duaskcopy Bank the minimum lot size (if trading in millions) is 0.001 which is equal to 1,000 units.

Thanks
Dukascopy Bank SA
  • #337
  • Edited 11:59pm Sep 7, 2010 11:34pm | Edited 11:59pm
i set uj sl all at 83.48 and 2 orders executed at or almost at that price

while the other order executed at 83.217.it's not a huge amount one,only 15K.

is dukascopy liquidity so bad at Asia market? or dukascopy has some secret

mechanism that small orders can never go to real ECN market?
Attached File(s)
File Type: xls report (9).xls   15 KB | 360 downloads
  • #338
  • Sep 8, 2010 12:37am Sep 8, 2010 12:37am
Quoting emacsen
i set uj sl all at 83.48 and 2 orders executed at or almost at that price

while the other order executed at 83.217.it's not a huge amount one,only 15K.

is dukascopy liquidity so bad at Asia market? or dukascopy has some secret

mechanism that small orders can never go to real ECN market?
If it were me I'd inquire about it asking for an explanation. My charts show 83.33 as the lowest price of the day, so if you got executed at 83.21, that's pretty bad in my view. Of course they can say liquidity was low, but I'd consider that BS. If their liquidity was really THAT low to be executed way below market price shown at other brokers, I'd start to question whether it'd be in my best interests to still trade there.

Attached is a screenshot from FxPro demo, but I've always found their pricing to be quite consistent with various reputable ECN brokers.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_02 Sep. 08 01.35.jpg Size: 65 KB
  • #339
  • Sep 8, 2010 12:59am Sep 8, 2010 12:59am
Quoting TC East
If it were me I'd inquire about it asking for an explanation....
dukascopy chart shows the same price 83.34 as its lowest price,and i found that its trade log really complex which need hard study.
  • #340
  • Sep 8, 2010 1:25am Sep 8, 2010 1:25am
Quoting emacsen
i set uj sl all at 83.48 and 2 orders executed at or almost at that price

while the other order executed at 83.217.it's not a huge amount one,only 15K.

is dukascopy liquidity so bad at Asia market? or dukascopy has some secret

mechanism that small orders can never go to real ECN market?
Did you call Dukascopy with this issue? Or asked this question on Skype ? What they said?
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