Switch your accounts to Dukascopy
www.dukascopy.com
They just lowered their minimum account to $1,000
www.dukascopy.com
They just lowered their minimum account to $1,000
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Switch your accounts to Dukascopy
- Thread starter Gcapman
- Start date
Quote from Pippi436:
They have applied for a banking license more than a year ago, still no decision about that. There are other swiss fx firms that already got this license, the question is why not Dukascopy..
I would wait until the regulatory situation is clear.
This is excellent advice.
To be honest, I preferred when they had their $50k account minimum. Continuing to lower minimums to scrape for the smallest traders out there seems counter to their initial focus. For a broker that once proudly proclaimed "100M Per Click" to now state "The minimum margin requirement is 100 CHF" is quite a change. Basically, they poured all this marketing effort into becoming a serious institutional contender, to now compete with every other retail shop.Quote from Gcapman:
They just lowered their minimum account to $1,000
Quote from Trader KGB:
To be honest, I preferred when they had their $50k account minimum. Continuing to lower minimums to scrape for the smallest traders out there seems counter to their initial focus. For a broker that once proudly proclaimed "100M Per Click" to now state "The minimum margin requirement is 100 CHF" is quite a change. Basically, they poured all this marketing effort into becoming a serious institutional contender, to now compete with every other retail shop.
Small traders are what made FXCM the giant that it is........