Dukascopy Dukascopy Bank Forex

Dukascopy Bank is an innovative Swiss online bank headquartered in Geneva, Switzerland, providing Internet-based mobile trading services (focusing on Forex, Bullion, CFDs and Binary Trading) through proprietary technology solutions, Banking and other financial services.

The company was founded in Geneva on November 2, 2004 by Andre and Veronika Duka, Swiss nationals currently living in Geneva, who still own 99% of the company.

Dukascopy Bank is regulated by FINMA, the Swiss Financial Market Supervisory Authority, as both a bank and a securities company.

Dukascopy Bank fully owns Dukascopy Europe IBS AS, a European licensed brokerage based in Riga, and Dukascopy Japan, a Type-1 licensed broker based in Tokyo. In addition to its Geneva headquarters, Dukascopy Bank has offices in Dubai, Riga, Kiev, Moscow and Hong Kong. Currently, Dukascopy Group has more than 300 employees.

Dukascopy Group provides online and mobile trading services primarily through SWFX - the Swiss foreign exchange market, Dukascopy's ECN proprietary technology solutions and registered trademarks. Dukascopy Payments is a group of companies dedicated to providing instant payment services via smartphones and payment cards.

Online and Mobile Trading - SWFX - Swiss Forex Market (SWFX) and Binary Options Platform

SWFX offers online and mobile FX, precious metals and CFD trading facilities.

Currently, SWFX is connected to over 20 major banks via the FIX API, providing traders, banks, hedge funds and other institutions with a unique pool of ECN spot FX liquidity. This enables Dukascopy Bank to offer its clients unparalleled order execution and price quote quality with very tight spreads.

SWFX automatically executes market participants' orders on a "direct processing" basis. In this ECN environment, both buy-side and sell-side participants interact on an equal basis. Dukascopy Bank has no trading desk and does not perform requotes, all trades are executed automatically on its ECN regardless of their size.

Dukascopy Trading Platform (JForex) provides a range of tools for risk management and order execution control. Customers can trade billions of dollars in a secure "one-click" trading environment. Support is provided on a 24/5 basis. Customers can have their orders delivered over the phone if desired.

In addition to trading on Forex, precious metals and CFDs (various underlying securities), Dukascopy Bank also provides a trading platform for binary options on stocks and Forex.