FOREX Broker-Dealers for the Professional and Non-U.S. Trader

When you are ready to enter the big time in FOREX, these broker-dealers are the gold standard of the industry. Dukascopy offers a unique centralized-decentralized clearing system, but is essentially a large ECN and has registration as a Swiss bank. An interesting article on this new approach is on in the January 2007 edition. It has enormous potential to revolutionize retail FOREX. They provide a wide variety of FOREX services and products under one roof. Their website was recently redesigned, vastly improving navigation, which had been an issue.

They offer both a Java and web-based platform. The recommended browser for the web-based platform is Firefox. The author did, indeed, have issues with both platforms on Internet Explorer. If you like their clearing services and trading platform, a great deal of customization is possible with two API packages. Not for small traders, the minimum account is $50,000. E-mail inquiries regarding sales were answered quickly on one occasion, and not at all on another. Customer service per se was much better. Definitely four-star if you can afford itâ

By Michael Duane Archer
Michael Duane Archer has been an active futures and FOREX trader for more than 35 years. He has worked in various advisory capacities, notably as a commodity trading advisor, registered SEC investment advisor, and branch manager for Heinold of Hawaii. He currently trades FOREX and futures and is involved in several technical analysis research projects.

Copyrighted 2020. Content published with author's permission.

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