Www.dukascopy.com Forex Broker

[ElectricSavant]

It aint gonna happen...

interbank account(minimum 50000$)
where they are a real broker and give access to the real
interbank market.

 

[Kicking]

I remember seeing on their website that they offered managed accounts , anyone has experience with them?

 

[Paldino]

There is NO regulation or supervision for FOREX Dealers in Switzerland

"What kind of financial activities are not being supervised by the SFBC?

Under the existing legislation, asset managers are not subject to supervision by the SFBC, provided that they do not keep accounts in their own name but only in the name and on account of their clients.

Foreign Exchange dealers, provided that they exclusively deal in foreign exchange, are not subject to supervision by the SFBC.

Introducing brokers are not subject to any authorization requirements provided that they do not act as a representative of a foreign securities dealer.

In the absence of any authorization requirements for these kinds of businesses, their activities is not subject to supervision by the SFBC."

SFBC: Swiss Federal Banking Commission
http://www.ebk.admin.ch/e/index.html

 

[misha7]

Quote from QS2000:

Maybe. Only 300$/month

Route de Pré-Bois 20,
1215 Geneva 15


= WTC (World Trade Center II Geneva)

"Dukascopy (Suisse) SA is a Swiss Online Broker for FOREX and CFDs established in the Swiss city of Geneva, a key world financial centre. The company headquarters is located in the prestigious business center of Geneva – World Trade Center" (orig. Dukascopy)

http://www.wtc-geneva.ch/main/services/virtual_offices.asp

... maybe ..

This is a real address with real offices, I lived in Geneva for many years and can confirm.
As far as I know FX regulation as applied to non-banking institutions does not really exist in Switzerland.

 

[mustang]

Go with a big name like GFT Forex. www.gftforex.com

 

[NickBarings]

They claim to have audited performance of their managed
accounts