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Dukascopy

  • #1,581
  • Mar 16, 2012 11:58am Mar 16, 2012 11:58am
New Live JForex Version.
Great.
How to opt out annoying user signatures ??
  • #1,582
  • Mar 17, 2012 12:42am Mar 17, 2012 12:42am
Yes thanks, I had a look but I don't think I want to share my strategy in a public forum.
Bulls are stupid Animals!especially when Im short!
  • #1,583
  • Mar 17, 2012 3:27pm Mar 17, 2012 3:27pm
Quoting matheszabi
On eur/usd, take a balance under 5000 and calculate the commission for your trades , and give it that fee to trade, as I did. I needed to pay like 4 -5 pips .

Lets see if it's correct my calculations:
At the demo account with 100k balance I made a trade with 250k units. Dukas took me 11.88 usd as commission.

http://img405.imageshack.us/img405/3...2022314534.png

Uploaded with ImageShack.us


But I don't...
See #1569

If so then you can't make Scalping Trades with a 5K-Account at Dukascopy, can you?
FXcube
  • #1,584
  • Mar 18, 2012 4:53am Mar 18, 2012 4:53am
Quote

If so then you can't make Scalping Trades with a 5K-Account at Dukascopy, can you?
FXcube

You can scalp with Dukascopy, I have been doing it for about 2 months now with a lot smaller acount size than 5000, live acount not demo,
I think for the service they provide being a real ECN with transparent trading priviliges as they apear to have, they are worth it in my opinion.
I have been testing them for a couple of months and I must say Im impressed with the execution and fills, so far I have not been having any problems at all. definitely one of the best brokers I ever tried.
and I will probably up the antes soon, I don't understand why the complaints about slippage some traders have? why not use the slippage control? set it to zero and you have no slippage, but you won't allways get filled if use that function with market orders, but thats obvious.
Bulls are stupid Animals!especially when Im short!
  • #1,585
  • Mar 18, 2012 5:42am Mar 18, 2012 5:42am
Quoting Forexcube
See #1569

If so then you can't make Scalping Trades with a 5K-Account at Dukascopy, can you?
FXcube
His estimates are wrong (see my response to him for the average spread+commission you should be paying).

You can scalp here. But as roughtrader said, market orders will cause some slippage (which is a liquidity thing, not the bröker's fault) and the slippage control, while useful, will reduce the chances of getting filled. Always try to use limit orders instead. They work great for me.
  • #1,586
  • Mar 18, 2012 7:06am Mar 18, 2012 7:06am
Quoting roughtrader
You can scalp with Dukascopy, I have been doing it for about 2 months now with a lot smaller acount size than 5000, live acount not demo,
I think for the service they provide being a real ECN with transparent trading priviliges as they apear to have, they are worth it in my opinion.
I have been testing them for a couple of months and I must say Im impressed with the execution and fills, so far I have not been having any problems at all. definitely one of the best brokers I ever tried.
and I will probably up the antes soon, I don't understand...
Hi roughtrader,

Mostly i agree with you, dukes are a great broker providing a great service. But in my experience (trade live with them for 12 months) total trading costs were too large as I was in the 32 commission bracket. Spread + Commission for eurusd was about 0.7+0.8, and my strategy used a lot of stop entry and stop exit orders, so mean slippage per trade was also about 0.8 pips (negative). The slippage control function in my opinion was a waste of time, because you simply miss to many good fills. If you can use a limit based entry and a limit based exit strategy then your total trade cost will be considerably lower, especially if you have low commission too, then they are a great choice for a broker.
  • #1,587
  • Mar 18, 2012 7:51am Mar 18, 2012 7:51am
Quoting rooicol
If you can use a limit based entry and a limit based exit strategy then your total trade cost will be considerably lower
Exactly.

The rebates program helps reduce commission too (by almost half). It's a shame many people miss it.
  • #1,588
  • Mar 19, 2012 10:37am Mar 19, 2012 10:37am
limit orders are better ofourse, I only use market orders if I want to get in asap to any cost, and if I do use them I am aware it will cause me some slippage, slippage for market orders are normal for all brokers, so thats nothing wrong with that, thats just the nature of market orders, so if you are using market orders you should be aware it will cost you a lot more than compared to limit orders, again not the brokers fault, thats just how market orders are, limit orders are the best thing, especially with that slippage control set to zero, you will get minimal slippage to no slippage at all.
Bulls are stupid Animals!especially when Im short!
  • #1,589
  • Mar 19, 2012 11:37am Mar 19, 2012 11:37am
Quoting roughtrader
limit orders are the best thing, especially with that slippage control set to zero, you will get minimal slippage to no slippage at all.
Actually with a limit order, you're asking to get filled at your requested price or a BETTER price. (unless you're trading with some dealing desk)

Do NOT use slippage control with a limit order, because slippage with this type of order is only allowed to go in your favor.

Some more info here: http://www.forexfactory.com/showthread.php?t=163208
  • #1,590
  • Mar 19, 2012 12:07pm Mar 19, 2012 12:07pm
Dukascopy it's too slow mini +500ms for execution...
  • #1,591
  • Mar 20, 2012 8:51am Mar 20, 2012 8:51am
Quoting Marv
Actually with a limit order, you're asking to get filled at your requested price or a BETTER price. (unless you're trading with some dealing desk)

Do NOT use slippage control with a limit order, because slippage with this type of order is only allowed to go in your favor.

Some more info here: http://www.forexfactory.com/showthread.php?t=163208
ok thanks Marv
Bulls are stupid Animals!especially when Im short!
  • #1,592
  • Mar 20, 2012 2:03pm Mar 20, 2012 2:03pm
€ / $ Spread 2.5 - 3.5 Pips at the moment ?!?
How to opt out annoying user signatures ??
  • #1,593
  • Mar 20, 2012 2:19pm Mar 20, 2012 2:19pm
Quoting Toranaga
€ / $ Spread 2.5 - 3.5 Pips at the moment ?!?
it's rollover time...
  • #1,594
  • Mar 20, 2012 2:23pm Mar 20, 2012 2:23pm
Quoting surfeur
Dukascopy it's too slow mini +500ms for execution...
Are you just guessing, or you have run a program to test it?
  • #1,595
  • Mar 20, 2012 2:32pm Mar 20, 2012 2:32pm
Quoting rooicol
Are you just guessing, or you have run a program to test it?
With program JForex standalone version on VPS.ch (3ms ping latency)
  • #1,596
  • Mar 20, 2012 2:44pm Mar 20, 2012 2:44pm
Quoting rooicol
Are you just guessing, or you have run a program to test it?
Must be this..

http://www.dukascopy.com/swiss/engli...p?f=65&t=35174
How to opt out annoying user signatures ??
  • #1,597
  • Mar 20, 2012 3:25pm Mar 20, 2012 3:25pm
Quoting Toranaga
Must be this..

http://www.dukascopy.com/swiss/engli...p?f=65&t=35174
Thanks
  • #1,598
  • Mar 21, 2012 2:56am Mar 21, 2012 2:56am
Yeah, maybe sending document by snail mail slows the processes down a bit, but Dukascopy is not only a brokerage, but a bank as well. A Swiss bank under strict regulations, that's why you can trust them a lot over many other brokerages.
  • #1,599
  • Mar 21, 2012 10:01am Mar 21, 2012 10:01am
Hi everyone,

is there a way to hide the information about the account that is in the bottom of the window?
  • #1,600
  • Mar 21, 2012 10:31am Mar 21, 2012 10:31am
Quoting Polkm
Hi everyone,

is there a way to hide the information about the account that is in the bottom of the window?
No. But you can always click on the "unlock this tab" button (the square and arrow thingy) for all of your tabs (chart, Position Summary, Orders, etc) and then organize them anyway you want. See the attached screenshot for an example.
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