- 26 May 2021
Leverage and Exposure increase on crypto
Dukascopy Bank is increasing leverage from 1:3 to 1:5 on BTC/USD, ETH/USD and LTC/USD with immediate effect. The recent rise in volatility and the crash of crypto currencies on 18th of May 2021 was mastered successfully by the Bank. Based on an efficient and reliable risk management, the margins needed to trade crypto can be reduced as of today. At
- 17 May 2021
Dukascopy Bank obtained a Qualified Derivatives Dealer status
Dukascopy Bank became a Qualified Derivatives Dealer (QDD) by entering into an agreement with the U.S. Internal Revenue Service. As a QDD, Dukascopy Bank is now authorized to make dividend-equivalent payments on US CFD instruments with the relevant amount of withholding tax deducted. The new status significantly improves the offering for both Trading and Multi-Currency Accounts (MCA) and allows account
- 14 May 2021
Swissqoin - the follower of Dukascoin
We would like to congratulate our colleagues from Postfinance and Swissquote for launching a new Swiss neobank Yuh and wish them great success in their new endeavour. Dukascopy Bank is delighted to welcome a new cryptocurrency Swissqoin that will certainly enrich the Swiss crypto industry and assist in making blockchain-based financial technology be widely accepted in Switzerland. Dukascopy Bank has
- 30 Apr 2021
The Bank has published its annual report for the year 2020.
2020 has been an excellent year with record figures in terms of profitability. The Bank’s net profit for 2020 was CHF 10.4 million. Additionally, considering its excellent financial results in 2020, Dukascopy Bank has allocated 4.0 mil to create a "Reserve for General Banking Risks", of which CHF 3.4 mil will reinforce its capital base. Without the constitution of this reserve,
- 16 Apr 2021
Russian ruble related market risks
After increased geopolitical tension, the risks associated with the newly introduced US sanctions against Russia and further uncertainty, Dukascopy Bank has decided to reduce the maximum exposure limit on USD/RUB and EUR/RUB instruments from 5 to 1 million of primary currency. It concerns all trading accounts. The measure intends to prevent possible clients losses in case of significant price gaps
- 14 Apr 2021
NEW STOCKS AND ETFS AVAILABLE FOR TRADING ON LIVE
Dukascopy continues to expand its list of more than 750 FX and CFD instruments with the addition of stocks and ETFs from US, Ireland, Hong Kong, France and Germany. The stocks of the COVID-19 vaccine maker Moderna, Chinese electric vehicle maker Nio, US utility company Plug Power Inc, Uber, the stock of Zoom creators Zoom Video Communications, Chinese multinational electronics
- 31 Mar 2021
Easter weekend market closures 2021
Multiple markets will be closed on Friday, April 2nd, and during the upcoming Easter holiday weekend. Details of trading schedules can be checked here.
- 25 Mar 2021
Staking programs related changes
Dukascopy Bank is applying changes for its staking reward programs to make their conditions more relevant to the coin’s price and the current stage of the project. Please see below. Staking programs with a reward in EUR have become more affordable with a significantly lower threshold, as the Bank is decreasing the amount of coins required to participate in the EUR
- 24 Mar 2021
Daily Saving Time Clock Change in Europe
Clocks will be advanced by 1 hour this Sunday, 28th of March in many European countries. Please be aware that summer time trading schedule will be applied to EU CFDs.
- 23 Mar 2021
Next Lira Crisis
On Monday the Turkish Central Bank governor was dismissed by presidential decree catching markets by surprise. FX spot market reacted with short-term volatility whereas rollovers involving Turkish currency experience a very significant spread increase to as big as 20'000 pips in the interbank market. Dukascopy likes to draw the attention of our clients to changes in the overnight swaps of