Dukascopy Bank SA was founded in 1998 and is the Swiss ECN Forex broker, licensed as a bank, offering online high quality Forex trading services. Today Dukascopy is among the leading Forex brokers in the market.

Initially the Swiss brokerage house was created to serve the interests of major financial clients. It created a proprietary trading platform and was able to access the Swiss Forex marketplace SWFX, when this was moved away from a single administrative location. Because of its strong links with banks, funds, and other financial institutions, Dukascopy provides a high volume of activity in the market.

Dukascopy Bank boasts a shareholder capital of CHF 22,000,000 (£17 million) and supplies trading services based on the following chief principles:

(a) Equal trading rights – meaning that all clients have equal access to the provision and consumption of liquidity within the trading environment.

(b) Transparent pricing environment – meaning that all clients can obtain the same liquidity at equal prices via a single data feed.

Dukascopy is a member of ARIF and institutional trading services are the key targets for the company. Minimum deposit levels are high as a result of obtaining trades to the inter-bank market. For example, the minimum deposit of £600 is required for the Retail ECN account. However, this trading account type is also available for individuals. For corporate clients, the minimum deposit level is £30,000 (Standard Account).

The operation of the bank is regulated by the Swiss controlling authorities and Dukascopy is known to be a Forex broker that is highly focused on its work, as well as being reliable.

he self-proclaimed largest investment network in the world, eToro describes itself as the leader in social trading. Amongst Forex brokers, the company aims to provide a straightforward, transparent, and pleasurable way to invest and trade online in currencies, commodities, and stock market indices.

With more than 1.5 million users worldwide, eToro seeks to make financial markets truly accessible. A key company principle is responsible trading, and the company offers an unlimited practice account, smart leverage settings, a real time trade guidance system (‘Guardian Angel’), and promises this is free from any risk of debt.

eToro customers worldwide can receive Forex trading services – the company is committed to providing high quality standards to ensure its customers can trade successfully using secure liquidity professionals and providers.

Individual brokers meet the most stringent laws – both European and international – on the deployment of client funds and the security of financial transactions, including the publication of regular financial reports. So, who provides the broker age services?

In Europe, eToro RetailFX Ltd. is an investment firm registered in Cyprus. RetailFX complies with the Markets in Financial Instruments Directive (MiFID) and is authorised to operate in 40 European countries.

For Asia-Pacific, brokerage services are provided by eToro IC Markets – regulated by ASIC (AFSL 335692), the financial services regulation in Australia.

In the U.S., eToroUSA FX Solutions provides the brokerage services. The Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) regulate FX Solutions

Universally, eToro provides for the needs of novice traders, as well as for more experienced ones.

Using the MetaTrader 4 platform, Tadawul FX (TDFX) has seen rapid growth, becoming a major global player in online Forex and commodity trading. Licensed and regulated by the Cyprus Securities and Exchange Commission, the Tadawul FX website boasts browsing in four languages – English, Arabic, French, and Hungarian.

The company offers online and mobile Forex trading, and the capacity to manage multiple Forex trading accounts via the MT4 MultiTrader or MAM platforms. It promotes positive conditions for Islamic trading and a programme for introducing broker partnership that is highly competitive. Tadawul FX considers that online currency trading is highly attractive and strives to make it easily accessible by anyone, whether a novice small trader or a major financial institution.

TDFX offers low spreads, from just one pip, which are fixed 24 hours per day. Hedging is allowed, as is scalping and Forex Expert Advisors can be used to trade without any restrictions. The company provides live customer support 24 hours per trading day and is keen to offer professional advice, assisting with any questions clients might have via the website, telephone, or email. Customers can choose from six different types of accounts.

Best Islamic Forex Provider

Tadawul FX has won recognition as Best Islamic Forex Provider of 2011 by World Finance magazine. The accolade was based on the originality and quality of products and services, on the company’s record for innovation, its market development strategies, and the geographic reach it has achieved, when compared to other Forex brokers.

One of the leading Forex brokers, Forex Capital Markets (FXCM) is a reputable broker for both institutional trading and retail.

Founded in 1999, it is now is one of the largest brokerages supervised by regulatory authorities and it operates in all the major global financial markets. For example, in London the UK subsidiary is regulated by the Financial Services Authority (FSA), in Germany the regulator is German BaFin and FAS, offering customer service and support in both English and German, and also providing webinars and seminars.

Every month, more than 365 billion dollars of nominal volume are traded on FXCM’s platforms. The company’s CFD products enable traders to trade gold, silver, crude oil, and stock indices, together with Forex instruments, on one platform.

FXCM operates No Dealing Desk (NDD) trading, so customers’ orders are sent to the bank complete with the ask price and best bid. As FXCM receives only a very small proportion of the spread, there is no conflict of interest. In fact, FXCM tries to do everything it can so that the customer is not prevented from being successful. FXCM has consistently maintained a very high liquidity and very low spreads, which may, in terms of the major currencies, be equal to just one pip.

FXCM’s free trading platform, Trading Station, offers up to date technology combined with all the characteristics of a professional trading platform.

FXCM offers 24-hour support via email, phone, and IM. The major features FXCM offer include fairness and reliability in order execution.

Founded in 2002, FXDD is a Forex broker offering clients – including wholsesalers, retail traders, and institutional clients – market-to-market maker prices. The company’s headquarters is in New York and it is regulated by NFA. FXDD prides itself on good customer service, technical support, dealing practices, and desk support.

Platforms

MetaTrader 4

MetaTrader 4 is particularly popular with traders as it has technical analysis features that are adaptable – capable of constructing personalised trading robots (Expert Advisors). This retail platform has a small download size, comprehensive charting capabilities, and trailing stops, and is an effective tool for account management.

FXDD Trader

This is the proprietary retail platform boasting streamlined trading, charting, and some unique features such as advanced reporting and margin monitor, with the capacity to manage multiple accounts.

Mirror Trader
Mirror Trader is a fully automatic trading system that enables third party signals and strategies to be executed in an FXDD trading account.

FXDD PowerTrader

FXDD Clients can access market liquidity with PowerTrader trading platform using straight-through processing (STP) through ECN Currenex. As the No Dealing Desk model (NDD) is used, there is no conflict of interest between the broker and the client. FXDD claims its institutional platform provides more than £60 million in liquidity for institutional or private clients – particularly those seeking speedy, dependable execution of large, block trades.

MTXtreme

This platform allows traders to access ECN Currenex and enjoy the practicality of the MetaTrader trading platform. The spreads offer excellent opportunities for high-volume Forex traders and scalpers.

FXDD is a leading company among Forex brokers delivering Forex trading with professional expertise and confidence.