Compare Forex and CFD Brokers

A comprehensive historical tick data feed, dating back to 2003 and developed on a Python API is also available. And not only is the quality of data high, but it can be exported for further analysis. The net worth of the Duskacopy Group has grown over the years with the company now employing over 300 people in offices across Geneva, Zurich, Kiev, Tokyo, Hong Kong, Kuala Lumpur, and Riga, Latvia.


You therefore earn 1 extra pip compared with the other brokers, but this doesn’t mean that AAAFX will always be the cheapest for every currency pair. Some of these selections will direct you to the AAAFX broker, because it belongs to ZuluTrade and has the advantage of not charging extra commissions unlike with the other forex brokers. There is no logical justification for it, it’s completely unaccountable, no explanation why stuff simply doesn’t work and transactions wouldn’t happen.

And then place the new file from the fxDreema into MT5.I donot understand it because with MT4 I have no problem. Look at the next example, it places 4 pending orders at distance of 100 pips , and then it trails them. In “Trailing pending order” the value of “in pips…” is positive, but even if it is negative – there will be no difference because this value is always converted to positive. You will see how each one of the 4 orders is able to move when the price goes against it.

Awful bank and their customer service…

Upon receiving a deposit, a client immediately gets on his/her registered email address the link to the self-declaration form. Once the form is filled , the funds get credited to the account. In the majority of cases, the reason for the delay in receiving the money is the unfilled self-declaration form. Have Visualxcritical to help create automated strategies and to incentive trade in the right way, have the Strategy contest, as several videos to help in this journey.

The European Securities and Markets Authority also oversee investment providers across Europe. Founded in 2008, Plus500 is regarded by traders as reliable and trustworthy. Therefore the “best” forex broker will be the one that ticks as many of your boxes regarding individual preferences. Unlike us humans, the Forex Robotron EA is devoid of emotional instability and will only work in a completely calculative environment. The expert advisor will not make spur-of-the-moment decision; in fact it is going to compile the facts and figures and not let fear, apprehension and stress get in the way. I prefer to work online via Zoom and Dropbox as online meetings can be more flexible and sections can be recorded.

Plus500 was awarded number 1 CFD broker in the UK 2020 by Investment Trends & Compliance which they also won the previous two years. Trading hours are based on GMT with US DST which is calculated automatically in the code. Forex TSD— a Forex forum specializing in robots, indicators and other tools. I like to make clients self-sufficient, ultimately I want them to be able to learn and grow themselves, rather than depend on anyone .

View All Consumer Products & Retail

In-the-money contract yields start from 70% of the premium paid up to 90%. Trading amounts start as low as $1 and there are no commissions or hidden fees. As the industry’s leading software, it is reassuring to see that Duksacopy has made the MT4 platform available, along with leading names including ZuluTrade, Pepperstone, Oanda, and XTB. The Geneva-based brokerage was founded in 2004 by Dr Andre Duka and his partner, Veronica Makarova. It serves retail clients with a license from the Swiss Financial Market Supervisory Authority . Followers – can copy the strategies of the signal providers.

Choosing a forex broker is a matter of personal taste, it depends on your investment strategy and the signals you want to follow. You can compare brokers’ various features and services on our forex broker comparison page. AAAFX, ZuluTrade’s very own broker, does not charge a commission. With this broker, the only sort of commission is the spread.

The MT4 platform also consists of more than 50 indicators and other tools that help the clients in making informed decisions. The platform also generates charts historical reports of past trends in trading and performance and allows for manual, automated and chart trading. MT4 allows for xcritical reviews ECN execution and expert advisors are on board to help clients with their queries. As the years passed and the Swiss FX market was launched in 2006, Dukascopy moved towards acquiring its license as a Swiss bank and was successful by 2010 after which the Dukascopy Bank was launched.

  • Global Opinion widgets allow add-ons to manage multiple currencies and orders.
  • The net worth of the Duskacopy Group has grown over the years with the company now employing over 300 people in offices across Geneva, Zurich, Kiev, Tokyo, Hong Kong, Kuala Lumpur, and Riga, Latvia.
  • We use dedicated people and clever technology to safeguard our platform.
  • customer reviews are mixed when it comes to the deposit and withdrawal options available.

By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker. The broker runs a fairly seamless service, so users don’t have to adapt to a holiday schedule at different points in the year. The addition of popular payment methods, such as PayPal, plus a reduction in deposit and withdrawal fees would improve Dukascopy’s payments rating. Plastic debit/credit cards, bank transfers, Skrill, Neteller and Bitcoin can be used.

SpotOption then came onboard to provide a social trading platform for binary options. It provides retail traders a broker service and is licensed by the Swiss Financial Market Supervisory Authority . Its subsidiary, Dukascopy Europe, serves the European market regulated by the Financial and Capital Market Commission .

Dukascopy releases next-gen xcritical 3 platform

NSFX Pro surpasses some of the best trading platforms in the market, by its intricate abilities and the superb trading experience it provides. The apps are supplied with a lightweight installer which seamlessly installs the apps on the trader’s desktop or into their trading platform such as MT4, as applicable. You do not need to direct clients to FX Blue Labs, or even make them aware in any way that the tools are being provided by FX Blue Labs. In addition, platforms and brokers are increasingly diversifying beyond forex into metals, equity indexes, and other asset classes.

I attempted to raise my limit, requested more paperwork, and disabled my access six months ago. I gave all of my tax documents, including a certified copy of my tax return. Sometimes their third-class support staff responds, sometimes they don’t.

  • Compare Forex brokers who support automated trading strategies on MT4, MT5 and cAlgo in the UK.
  • There is also a social element to the platform, a bit like a financial facebook, allowing traders of all levels to provide feedback and share trading ideas.
  • This can be a great way for beginnexcriticals to learn how to trade, although obviously no guarantees are given regarding success.
  • You should now see Forex Robotron in the “expert advisors” drop down menu of the navigator window within mt4.
  • Sometimes their third-class support staff responds, sometimes they don’t.
  • I can, in theory, create another set of blocks for another trading language.

xcritical 3 is excellent for automated trading as Cloud storage and VPN services allow strategies to run 24 hours a day. Historical data is available from 2003 so back testing strategies is easy. Forex trading 55 + currency pairs, including all major and minor pairs. Forex Robotron uses a fixed “safety” stop loss which is not always hit as the indicators used will usually close the trade for a win or loss before hand. This has the advantage that you do not actually lose the full risk per trade, so you will actually lose less than expected some of the time.

They also offer negative balance protection and social trading. Focus Option – Focus Option specializes in digital options and leveraged CFDs. The broker offers a web platform and downloadable mobile app, alongside four account options. Overall, bonuses are reasonable, but more attractive offers can be found at other brokers. Still, it’s worth keeping an eye on the Dukascopy ‘Bonus’ page for news of no deposit bonuses and registration offers. For deposits, clients can use prepaid debit and credit cards as well as bank transfers.

Trader J

The apps currently work with personal access tokens, and will be modified to use the OAuth 2.0 developer flow once this is released into production by Oanda. Our apps for MT5 support both netting and hedging accounts, and both the 32-bit and 64-bit versions of MT5. Yes, Dukascopy has no limitations on the types of clients and welcomes all clients including private and individual clients as well as financial institutes. In case Dukascopy Bank SA becomes unable to contact certain clients, who have at least CHF 500, it marks their accounts as inactive and continues to charge the normal maintenance fee. In cases where there is no consistency amongst the commission determined by net deposit, equity and traded volume, Dukascopy Bank SA opts for the lowest value.


NSFX Pro is a platform designed to act and react quickly under different market dynamics. Every tool you need to trade in the foreign exchange market. The partnership also allows FXDD to broaden its reach in the global marketplace by offering Dukascopy Bank SA’s xcritical platform in its suite of Forex trading interfaces. Trade over 60 pairs of currencies as well as CFDs on metals, indices and commodities through MT5 with this ECN account.

The apps do not require the installation of any plug-ins for MT4 Server. Other than the commissions charged, Dukascopy Bank SA also charges its clients a maintenance fee. If a client’s account contains $100k-$250k, then 0.8% of their account balance is deducted as custody fee per year.

This means traders that are more comfortable viewing forex data, gold charts and live price quotes on MT4, can do so. An economic calendar, widgets and advanced charting tools are also available on MT4. Available to Dukascopy traders is the broker’s proprietary platform, xcritical 4, as well as the popular xcritical platform. For those interested in binary options trading, there is also the Web Binary Trader system. You can Trade Forex with 0.0 pip spreads with the world’s leading True ECN forex broker which means no conflict of interest – IC Markets. Forex, CFDs and binary options can all be traded on their xcritical 3 platform or xcritical .

I’m sorry, I thought if the amount of account will increase by a certain amount, then the strategy will sleep to the end of day … One of the most important features from MQL used in fxDreema’s API is “static” variables. There are many functions used as a piece of memory because they have “static” variable inside. I’m not sure that JAVA supports something like this natively. Click Add Take Profit on the menu to open the Edit Take Profit window if you want to place a take profit for the entry order. All the apps are 100% client-side and do not require any changes to a broker’s server infrastructure (e.g. no plug-ins which need to be installed for MT4 Server).

XM allows you to trade 1000 + financial instruments traded on the MT4 / MT5 trading platforms. You can trade Forex, Stocks and shares CFDs, Commodities CFDs like Oil, gold and coffee, Equity Indices CFDs, Precious Metals CFDs and Energies CFDs. A standard account with Axi charges zero commission for trading. However spreads for standard account holders only start at 1.0 pips. The pro account charges $7 USD round trip commission on a single lot, but spreads start from 0.0 pips, so its swings and roundabouts really. 53 currency pairs, 53 ETFs, 12 market indices, 7 types of commodities and 957 types of international stocks.

Great trading education material means that beginnexcriticals have a head start, so they can get trading faster. Axi provide Forex trading and CFD trading to both retail and professional traders. Trading Tools– Great chart software and automated trading software. You can trade on real-time prices, check what has been traded and open financial news. You are now hopefully set up and running Forex Robotron on the EURUSD, & GBPUSD 5 minute charts! If you get stuck at any point or did not understand something then please contact – we are very friendly and here to help.

The account opening process at Dukascopy is straightforward and paperless. Head to the broker’s website, select an account from the ‘open account’ bar on the left and follow the on-screen instructions. You will need to submit some basic information and make a video identification. Regulations do, however, prohibit Dukascopy from offering its services in certain countries, including to US residents. The total value of active trading bonuses cannot exceed $50,000 per account.

Plus500 uses the proprietary trading platform Webtrader as an online version through your browser or mobile app. Its a no nonsense clear platform that is easy to get to grips with and very inatuative, and another feature allows up to date market news and information. The mobile app is available for both Apple and Android devices.

Leave a Reply

Your email address will not be published. Required fields are marked *