Dukascopy | Page 114 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Dukascopy Europe vs Dukascopy Bank SA 7 replies

DukasCopy question 68 replies

Swiss Law and Dukascopy.com/Finex.com 21 replies

Trading with Dukascopy 17 replies

Dukascopy Price Feed 4 replies

Attachments: Dukascopy
Exit Attachments

Dukascopy

  • #2,261
  • Jun 3, 2013 5:24am Jun 3, 2013 5:24am
Quoting Toranaga
{quote} Hi, could you please describe some of the Bugs you found? Im working on daily basis with Jforex and did not noticed them til now..
Hmm. I stopped using it some time ago, but the most memorable was that most pending orders were still displayed as "active" on my screen after I deleted them from my orderbook (confusing as hell). Also, JForex constantly refused to work after a couple of sessions for no apparent reason at all. Deleting my JAVA-cache was the only thing that helped. There were two or more three things but those are the ones I remember best.
  • #2,262
  • Edited 5:02am Jun 8, 2013 4:46am | Edited 5:02am
Quoting Polkm
{quote} What do you guys make of this? I saw this one the previous week. It's a major pair; No slippage control on the order; London Session (but beyond opening, no major news); it's a tick chart; the red line was the stop order; The blue line below is where the order was filled: 4.48 pips away. Now w/ slipage control, orders don't get filled and turn to limit orders. Without slipage control its mayhem. . {image}

Was this ever answered? I remember on many other brokers, if a price ALMOST reached my stop loss (like 2-3 pips away) they would close my trade with loss. I am using MB Trading atm and I can't even remember how many times my stop loss was missed by 0.5 or even 0.2 pips.
"Everyone gets what they want out of the market." -- Ed Seykota
  • #2,263
  • Jun 9, 2013 5:32am Jun 9, 2013 5:32am
Ok, on Dukascopy's page on F P A, I just saw that Dukascopy-representative has posted this :

"Concerning Dennis Sherman’s post from Bahrain, we are pleased to inform you that, upon request, clients can keep same margin requirement during weekends as during the rest of the week. In such case, Dukascopy only requests clients to confirm in writing that they will assume all risks and possible damages resulting from this instruction. As a matter of fact, market gaps are more likely to happen during weekends."

I didn't know that over-the-weekend leverage-reduction was negotiable. Is it true? Has anyone tried this? Can anybody confirm? The leverage-reduction was one major thing that has kept me away from Duka but I'd really like to try them if it is possible to get rid of the leverage-reduction thing by request
  • #2,264
  • Edited 6:19am Jun 9, 2013 5:59am | Edited 6:19am
Well that are great News.Will asap write to my representative to opt this out.

Thanks.

Wish them many clients

Edit: FPA ?? Where did you read this ??
How to opt out annoying user signatures ??
  • #2,265
  • Jun 9, 2013 6:20am Jun 9, 2013 6:20am
Quoting V4X
{quote} Was this ever answered? I remember on many other brokers, if a price ALMOST reached my stop loss (like 2-3 pips away) they would close my trade with loss. I am using MB Trading atm and I can't even remember how many times my stop loss was missed by 0.5 or even 0.2 pips.
This was answered more than one time. Even in this Thread.
How to opt out annoying user signatures ??
  • #2,266
  • Jun 10, 2013 4:09am Jun 10, 2013 4:09am
Quoting r41225
.... I'd really like to try them if it is possible to get rid of the leverage-reduction thing by request
Do you really need more than 30:1 over a weekend?
If 30:1 is going to cause trades to close-out then I respectfully suggest that you are asking to have your shirt removed.
For your own safety, just don't do it.
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #2,267
  • Jun 13, 2013 5:11am Jun 13, 2013 5:11am
Hi

I have a live account with Dukascopy Europe and plan to trade with 20,000GBP soon so I want to switch to a Duakscopy Swiss account as a EU accounts have client proitection of 20,000 EU (17,000GBP) and the swiss account is 100,000CHF (70,000GBP)

My question is Has anyone made this switch before? or does any one know if its a case of starting from scratch?

I am awaiting a response from my account manager as I have missed a few calls from him so I will also update with the answer here soon.
  • #2,268
  • Jul 3, 2013 3:22am Jul 3, 2013 3:22am
Quoting Nizdraw
Hi I have a live account with Dukascopy Europe and plan to trade with 20,000GBP soon so I want to switch to a Duakscopy Swiss account as a EU accounts have client proitection of 20,000 EU (17,000GBP) and the swiss account is 100,000CHF (70,000GBP) My question is Has anyone made this switch before? or does any one know if its a case of starting from scratch? I am awaiting a response from my account manager as I have missed a few calls from him so I will also update with the answer here soon.
Yes you can !!
After you open Dukascopy Europe account if you want to transfer to Dukascopy Bank,
then all you have to do is just refill out the application form on dukascopy bank website.
It's an easier process, because dukascopy would already have all your other documents. For more details you could ask your account manager.
  • #2,269
  • Jul 4, 2013 1:37pm Jul 4, 2013 1:37pm
I trade with 1 microlot while I'm learning and always get a lot of slippage, even a 30 pip slippage today in the GBP news. I know slippage is normal but what concerns me is I'm trading with just 1 micro, how it will be when maybe one day I'll trade with 1 lot or even more, also I never never get positive slippage, not even 1 pip

so is Dukas a market maker for little orders and ECN maybe for the biggers?
  • #2,270
  • Jul 4, 2013 1:52pm Jul 4, 2013 1:52pm
Quoting shark10
I trade with 1 microlot while I'm learning and always get a lot of slippage, even a 30 pip slippage today in the GBP news. I know slippage is normal but what concerns me is I'm trading with just 1 micro, how it will be when maybe one day I'll trade with 1 lot or even more, also I never never get positive slippage, not even 1 pip so is Dukas a market maker for little orders and ECN maybe for the biggers?
well that answered my question if its a good broker to straddles news events with
  • #2,271
  • Jul 4, 2013 5:38pm Jul 4, 2013 5:38pm
Quoting shark10
I trade with 1 microlot while I'm learning and always get a lot of slippage, even a 30 pip slippage today in the GBP news. I know slippage is normal but what concerns me is I'm trading with just 1 micro, how it will be when maybe one day I'll trade with 1 lot or even more, also I never never get positive slippage, not even 1 pip so is Dukas a market maker for little orders and ECN maybe for the biggers?

Yes, Dukascopy is ECN so you are trading directly with the banks. You can specify the amount of slippage that is acceptable for you but I have never noticed any. If you have a small account you can use Dukascopy Europe. They support Micro accounts. I believe $300 starting. Not that the url is different

http://www.dukascopy.com/europe/english/home/

With Dukascopy Swiss it is $5000 min balance
  • #2,272
  • Jul 5, 2013 9:21am Jul 5, 2013 9:21am
Quoting shark10
I trade with 1 microlot while I'm learning and always get a lot of slippage, even a 30 pip slippage today in the GBP news. I know slippage is normal but what concerns me is I'm trading with just 1 micro, how it will be when maybe one day I'll trade with 1 lot or even more, also I never never get positive slippage, not even 1 pip so is Dukas a market maker for little orders and ECN maybe for the biggers?
I bet you use market orders?
If you use market orders, you will definitely get some slippage,
i use a lot of market orders in my strategy, and yes I get slippage to,
of course, if you trade larger lot sizes it will reflect a larger loss of capital in your account,
but for market orders that is just something we must learn to live with,
slippage is always associated with market orders no matter which broker we use
if you use only limit orders and tp's it is much better.
during news the market is very volatile,
i would avoid trading with market orders at that time.
if you want to reduce the amount of slippage I suggest starting to use limit orders,
and only use market orders if you need to get out of the market quickly,
note: a stop loss is always a market order as well.
Bulls are stupid Animals!especially when Im short!
  • #2,273
  • Jul 6, 2013 9:06am Jul 6, 2013 9:06am
do they take US clients?
  • #2,274
  • Jul 6, 2013 4:49pm Jul 6, 2013 4:49pm
Quoting justin7
do they take US clients?
I believe that US clients are not allowed to have a forex account outside of the US, but you can always try....
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #2,275
  • Jul 6, 2013 5:04pm Jul 6, 2013 5:04pm
Cant log in into JForex Live at the moment. Someone else also ????????????????????

How to opt out annoying user signatures ??
  • #2,276
  • Jul 6, 2013 5:24pm Jul 6, 2013 5:24pm
Quoting Exodus
{quote} I believe that US clients are not allowed to have a forex account outside of the US, but you can always try....
is that why everyone uses the marketmaker unregulated brokers?
  • #2,277
  • Jul 6, 2013 5:45pm Jul 6, 2013 5:45pm
Quoting justin7
{quote} is that why everyone uses the marketmaker unregulated brokers?
They are not all unregulated, I believe. The legislation came about after Bear Stearns went bust, and of course Lehmen Bros. The restriction is a form of capital control, and at the same time imposed other rules about not having opposing positions on the same instrument, magnitude of leverage allowed, and the order in which opened positions are closed. There may be other nuisances, but I'm not in the US so....

In the case of Dukascopy there may be an IB in the US who fronts for Duka. Why not email them to find out?
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #2,278
  • Jul 7, 2013 8:34am Jul 7, 2013 8:34am
Quoting Exodus
{quote} I believe that US clients are not allowed to have a forex account outside of the US, but you can always try....
Yes. If you area US client you can use their partner in the US which serves as a IB. It is FXDD

http://www.dukascopy.com/swiss/engli...WL/wl-prtners/
  • #2,279
  • Jul 7, 2013 9:35am Jul 7, 2013 9:35am
Quoting Toranaga
Cant log in into JForex Live at the moment. Someone else also ????????????????????
yes
  • #2,280
  • Edited 10:05am Jul 7, 2013 9:43am | Edited 10:05am
It seems they wiped out a bug than came with Java7 to update 25.

Now everything works fine. And faster ?

Maybe that was the reason for the downtime.
How to opt out annoying user signatures ??
5 traders viewing now