Broker Dukascopy reviews our editorial:

Cfds

Price difference contracts, also known as "CFDs". They allow investors to gain equally on the rise in asset prices as well as on the decline. Which in the case of a standard exchange is unworkable. The investor concludes a contract with the broker, and then predicts whether the price of the selected assets will decrease or increase. If his assumptions are correct and the value changes correctly with his predictions, he sees an advantage. CFDs offer to use leverage, the so-called "levee" to multiply their profits. A significant proportion of platforms provide young investors with maximum leverage of 1:30. However, experienced investors can apply to raise the maximum level of leverage.

The default leverage of 1:30 means that when you open a CFD, the amount we invest will be multiplied by 30 times. For example, by transferring 100 euros to a broker's settlement account, we have the option to freely "locate" 3000 euros, and from the amount of three thousand we will earn %. If the price changes rightly with our predictions or lose if we invest badly. Investing with leverage is very risky, but it nevertheless provides the opportunity for a huge return with a small amount of your own. When investing through brokers with legal licenses, there is no way to get in debt. The balance of our stock account may fall to zero in the worst case scenario. This indicates that by investing the aforementioned 100 euros, we can lose a maximum of 100 PLN. There is no way for your account balance to be negative.

Before you make a decision!

Before accepting the final decision of which broker to choose, see the most popular reviews and comments about the Dukascopy broker on the web, or any other that fascinates you. In this blog, you have a chance to see feedback from people who have already come into contact with multiple platforms. They recommend or advise against specific brokers. Do not forget that every broker operating in our country is obliged to obtain legal licenses and authorizations allowing intermediation in the conclusion of transactions in the EU. Please note that an investment service that is monitored by a national or European Financial Commission ensures greater security of your capital. You can also check the ranking of brokers and confront your choice, with the choice of professional investors. This will tell you what ranking the broker you have chosen and whether it is trustworthy according to other users.

The danger of investing in the stock market

Making money on the stock market is always associated with some risk, although this risk can be reduced with the right knowledge, skills and experience. Experienced investors make far more profitable trades than new traders, and this is no coincidence. Beginners often make missed decisions. Because they will not quite appreciate the laws governing trade or do not pay adequate attention to significant incidents from the world. It is these events that, after a short period of time, affect changes in the value of assets.

Experienced players non-stop consider the market situation and make decisions based on a decent basis. The road from the novice to the experienced investor is mostly long and it is easy to misbeaten already after the conclusion of a few unlucky investments. Mainly when we lose some of our real capital. So the ideal idea for new traders is to use a demo account to learn about the platform. Check innovative investment strategies and gain experience.

Dukascopy broker demo account

Before you start trading real cash CFDs, you should first understand the trading platform. You can use a demo account for this. Broker Dukascopy offers its clients a free demo account. By creating such an account, you will have at your disposal all the tools and graphs that are offered in the real account. You have the chance to further track current price fluctuations and invest virtual finance in the same way as real money.

At any time you have the opportunity to switch the account type to real. As soon as you feel that you are ready to invest real capital. A demo account will allow you to gain real experience, not just theoretical experience. Just like reading investing books or watching videos on YouTube. If, in the meantime, you would like to learn about outstanding investment strategies and to deepen your theoretical knowledge, we would like to recommend two books. Zenon Komar – "The Art of Speculation" and Jack D. Schwager – "Market Wizards. Conversations with eminent traders" can help you analyze and understand the rules governing trade.

 

If you want to hear from other investors about Dukascopy, or are you wondering which broker to choose?
#####To check out cfd broker ranking ####!
The ranking of Forex CFDs brokers was created by a team of investors.
Based on many years of experience, and comments and opinions of thousands of users on the forum.


 

How do I settle my money?

Please note that each investment service charges a spread when you start your next investment, it is a commission for brokering a trade, most often it is a hundredth or thousandth of % of the amount you are investing. The amount of the spread depends only on the company's policy and can be fixed or variable. Each return on the investment is also taxable and should be settled with the earned money in your tax country. In Poland, PIT-38, which accounts for cash capital income and the acquisition of derivative financial instruments for consideration, is used to settle the income from investments on the stock exchange. If you are not sure how to fill pit-38, you can seek the advice of a legal adviser or look for such information on the Internet. You can also settle online, in which case filling the PIT should not cause you any difficulties.

Dukascopy broker help and rules our opinion

The contact with the technical team was great, we got answers to any questions after a short while. This was extremely useful information that explained all our doubts. The responses provided by the technical team were high.

Also dukascopy broker support works extremely well, live chat is a great premise. You can get help instantly. After sending the question and explaining the problem carefully to the employee. In the process of checking the platform, we wrote to the support asking: "At what method is the best withdrawal of funds". So that they reach our private account as soon as possible. We received a thorough response that really helped us make a final decision. The support worker was quite polite. He really tried to help and instructed us the best possible method of withdrawing money.

In dukascopy's terms and conditions we found a lot of useful news regarding, for example, financial instruments made available by the platform. Leverage that can be used by novice and professional investors, as well as accurate information about the broker itself. Such as the company's mailing address, a list of valuable telephone numbers. As well as email addresses and even license numbers that the broker has.

How to create a demo account

Dukascopy demo account registration took place without any hassle although the site does not have the ability to select our language. The entire registration must therefore be completed in English, which is a hindrance for a large proportion of users. Unfortunately, after registering your account and logging in to the platform, there was also no chance to choose a language. Therefore, all registration of the demo account, as well as all investments we had to carry out in English. This was nagging and not very pleasant because the translator does not translate professional words as well as stock market issues.

Reading the terms of the agreement in English was also quite demanding. The English official language is difficult to translate in the translator, and the terms of the agreement have a lot of content pages. Unfortunately, for this reason, we have devoted a lot of time to properly translating and complaiating the whole agreement.

In our opinion, the conditions proposed by this company are not beneficial to new investors. Many of our team's tried and tested brokers offer more attractive conditions to their new users. Many investment services do not guarantee 100% security for their users under each account, as they stress that in some rare cases, there may be situations when the stop loss system does not work immediately. Users have to reckon with the possibility of losing their capital, despite the use of the "stop loss" option.

The biggest advantages of the Dukascopy broker according to our opinion

The biggest values that this platform has are undoubtedly training articles. Instructional videos, individual advice in the field of investing, a gigantic part of the financial instruments that make learning much easier. There is an option to test the platform in a demo account and an extremely valuable economic calendar. A great advantage of this service is the fact that it has a personal web application. Which greatly facilitates decision-making and investment. In the course of the tests, we paid a separate attention to information about the risks associated with making investments. As well as the % of users investing through a given broker, unfortunately, in the case of this service, the % of counterparties that record losses is quite large.

In addition, we searched for the official account of each of the brokers on Facebook, and then examined any comments posted on such a profile. An important detail of the test carried out through us was to check the reliability of the address of the organization of each intermediary, posted on the official internet domain. In several cases, during the entire test, we did not search for any headquarters of the organization or a specific office at the designated address. However, in the case of Dukascopy, the address provided has been certified and authentic.

Broker Dukascopy negative reviews of our team

In our opinion, this platform is a very good broker. Nevertheless, it also has its drawbacks, which should be taken into account. Browsing foreign forums for investors, especially in German and French. We came across a lot of entries about the Dukascopy broker. Opinions, as a rule, were favorable, although extremely short. Consisting of one or two words. Nevertheless, not much of the opinion was critical. We studied these opinions in depth, trying to determine whether they are true or perhaps false. A large number of investors were dissatisfied with the period that had to wait for the withdrawal of money from the investment account. According to their assessment, they were obliged to wait too long before the funds went to their private account.

Dukascopy broker withdraw money

We decided to check it out and see how long it takes to transfer money from this platform. First, we made a real transfer to the account of the dukascopy broker. The deposit came to the stock account instantly and after a few days we had the opportunity to invest real cash. There were also no too many fees or commissions for the payment. After many days of checking the platform, it was time to withdraw the earned money. So we decided to choose the same withdrawal method that we used to make the first deposit. We hoped that everything would go smoothly, but at the very beginning we met with a commission for the broker. As well as with a small payment for the execution of money transfer.

Since the transfer was ordered to a private account, we have had to wait a lot over 4 days. Before the money was in your account. During this period, we referred the question to the technical team. Technical assistance stated that the delay is probably due to the limitations of our bank. In view of the above, we claim that Dukascopy is by no means responsible for them. So we cannot undeniably determine how much time it takes to transfer money. Because depending on the transfer method used, this time may vary. In our case, it was not much more than four days. In our personal feeling, this has been too long and we do not consider it an advantage of the platform.

Which broker to choose?

Choosing a trading platform is the most important decision of every investor. Because the investment service mediates every transaction and it is to him that we entrust our finances. So it must be safe as well as worth trusting. In this text we would like to show our own opinions about the dukascopy broker. How to further talk a little about making money on the stock market and investing in CFDs. The amount we decide to invest is of great importance.

Because the more money we invest, the greater the chance of a profit, but also more stress. Contrary to appearances, nerves can greatly influence our decisions. You should always try to stay calm and not settle decisions under pressure of emotion. The ability to think logically under the pressure of great stress. This is an extremely desirable feature, among professional investors.

Broker Dukascopy reviews forum

Reviews on the forum this platform gets from the side of traders mostly not very good. A team of investors tested the demo account and the real account for six days. We checked how deposits and withdrawals work, and what comments on the forum broker Dukascopy gets from professional investors.
If you are looking for a tested broker. One that will ensure your withdrawal in any situation. So decide wisely, check out the ranking of forex CFDs.
Then decide which service is good for your trading tactics.

Broker Dukascopy offers to invest in a variety of assets. Among other things: CFDs on shares of significant companies, cryptocurrencies, commodities and Forex. There is a chance to earn a lot on them. However, just as quickly you can lose your invested money as well as go to zero. Before going to the description of this platform as well as expressing our opinion about it. This is what we want to introduce our readers to what we focused on during the test. Most often we asked questions about whether the broker Dukascopy:

  • provides a free demo account?
  • has the required legal licenses and is checked?
  • is not included in the warning list?
  • persuades you to donate real money and forces you to make big deposits?
  • What are his opinions on the business forum?
  • What are our transitions?
  • We also verified that native language is supported.

 

Interesting questions that we would like to answer.

We would like to answer frequently asked questions about the Dukascopy broker that we receive from you to our e-mail address. We voted only the most interesting ones, as most of them repeated themselves:

  • Is the Dukascopy broker reliable? – indeed, at the time of our test there were no problems with the withdrawal of money, not taking into account the quite long waiting time for the transfer of funds.
  • Dukascopy reviews- most often gaining from an increasing number of outstanding investors. We checked on several popular business portals and managed to find a lot of interesting content, as well as insights about this broker.
  • Scam or not? – it is certainly not a scam, such a company is registered.
  • Dukascopy Test Account – The test account is available without the need to make a deposit.
  • Broker Dukascopy negative reviews- the forum gets very rarely, in most cases they are caused by an investor error. Which blames the broker for his personal misplaced investment, but a large part of the comments are positive.
  • The best broker – according to our assessment there are many better platforms, however, this is our private opinion. Certainly some people can argue that dukascopy broker is the best.
  • Dukascopy negative comments – on the forum and facebook wins rarely, in most cases contractors complain about a long period of waiting for the payment of earned money.
  • Dukascopy demo account – provides a free demo account, without any time limit. Unfortunately, after using all the virtual money received, there is no way to continue using it.

 

Where to start?

If you are a new inverter and do not have much trading experience so far. We suggest that you focus on one or more categories. What specific categories you choose depends only on you. Nevertheless, remember that the more you clarify your goal, the more time you will be able to devote to a meticulous analysis of the current situation. The most important categories are commodities (gold, silver, oil), shares of companies (Apple, Orlen, CD Projekt), forex (USD/EUR, PLN/EUR, CHF/USD), cryptocurrencies (bitcoin, ethereum, xrp), domestic indices (WIG 20, USA 500, Germany 30) and commodities (coffee, sugar, corn). By choosing a specific category, you have the chance to carefully analyze historical fluctuations in values and try to draw conclusions. You should wonder what has caused the value of the assets in question to change in the past.

If you decide to address only one specific category e.g. cryptocurrencies, then after a certain period you will see. Exactly that every information from the country as well as from the world will begin to analyze through the prism "and how it will affect cryptocurrencies". As a result, your next investments will be the result of careful thought. They will no longer be a case as it will probably be at the very beginning. A significant proportion of professional investors also select only one key category, and then devote up to 80% of their time and investment capital to it. There is no man all over the world who knows everything, therefore it is advisable to choose one field at the very beginning. Spend as much time as possible on its analysis, rather than distracting it between any other categories.

Demo Broker Dukascopy Account

Most well-known brokers offer a free demo account, usually registering a demo account does not require confirmation of even basic data. Dukascopy Broker does not require any deposits to activate the demo account. The effectiveness of the platform can therefore be checked at no charge. Speed of enforcement orders and quality of connection to the application. Without absolutely any danger of losing real money. This platform also makes a demo account available to its customers, although it applies a budget limit. This means that we get at our disposal a predetermined amount of virtual currency. Which does not renew when exhausted. This means that after spending the entire sum we have to decide whether we want to spend real money for this broker. However, do we prefer to try a few other platforms before we make a categorical decision.

Any good investment service in our opinion should have revolving funds in a demo account. So that each new user has the boundless opportunity to test the platform in detail under each account. Several brokers also set time limits for using a demo account during the test period. In most cases, it was a month of time during which the new investor had to give advice to learn all the significant functions of the platform. After this period, the demo account was suspended and there was no way to continue using it. At that time, only the possibility of making a transfer of real money was left. Dukascopy broker does not use time limits on the demo account. They can be used until all virtual money is used.

Our opinion of Dukascopy

The internet domain of the Dukascopy broker is not very popular with us, the colors of the buttons, the graphics chip and the color are not intuitive and can cause trouble to novice investors. In addition, too notorious is the information that encourages the transfer of real money. According to our impression, platform navigation is not easy. A big problem, which further prevented the smooth use of the services of this broker was the fact that the internet domain cut every now and then, or very slowly loaded, and even crashed.

Although we do not blame the Dukascopy broker for this, because we can not be 100% sure whether these problems were not caused by our internet in the editorial office or the equipment we used at the time. Or any other external factor not related to the Dukascopy broker such as server trouble.  However, this is only our opinion, which is due to their own feelings and thoughts, each person will have a different opinion about this service. So we think that you will do the most sensibly if you personally test whether this platform will meet your expectations.

According to our assessment, the dukascopy broker would not be the best choice for beginners and advanced investors, as the composition of the site and the colors used on this platform are very confounding for novice users. In addition, a large number of retail charts will seriously hinder the market analysis of professional investors. Broker Dukascopy reviews on the forum receives mostly positive however these are mostly very shallow comments with a kind of "recommend". We do not have the opportunity to estimate whether these comments are truly authentic and placed by many investors. Or has one person placed a lot of the same entries about this broker to persuade new contractors to transfer real money to this platform.

Emotions and stress

Stress is an integral part of investing in the stock market, but nerves and stress are the worst advisers. The very thought of the possibility of earning or losing significant money raises some emotions. However, if you are faced with the choice of "withdraw – do you wait?" And at stake will range your 50 thousand zlotys, the emotions will reach the zenith. What decision you choose in such a situation will depend on your emotions on a large scale. If you manage to control your stress and emotions, you have a chance to become one of the most outstanding investors.

On the web you will be able to find a lot of information and books on how to deal with stress. Making hard decisions while under pressure from intense emotions is not the best option, but that's what it's all about investing in CFDs. There are a lot of techniques that allow you to strengthen control over the nerves and even completely silence them. Many professional investors recommend, for example, meditation or yoga exercise.

Every investment is associated with the danger of losing capital, before placing any sum in the hope of profit, you must nevertheless think whether the possible loss of this money in the event of a bad investment will not affect the level of your life. One of the most important rules of professional traders is to invest only those funds that will have no impact on their level of existence. Do not invest money if you are necessary for a normal life!

If you have set aside money that you were going to spend e.g. On a holiday or a better car, also think carefully before you bet on trading this money. Constantly count on the alternative of loss and do not set yourself up for profit at all. For this reason, you will never be in an embarrassing situation. You will only be pleasantly surprised if a certain investment proves to be accurate and a bonus amount of money will fall into your account.

Broker Dukascopy training materials

The most popular intermediaries offer their contractors a free demo account, used to learn how to invest, check new tactics and check the trading platform. It works exactly like the real, the only difference is not the real currency. If you are a new investor then do not forget that. "With each new investment, you'll gain experience and make fewer mistakes."

If you are looking for a tested broker, monitored by the finance committee as well as having legal licenses that guarantee its solvency, then check the updated ranking of CFDs brokers. Each service featured in the ranking was checked and evaluated by many investors. When constructing this statement, we also took into account the evaluation of opinions and comments about the broker Dukascopy. Found in the net not only on sites in our language. But in addition to the English and German forums dedicated to business. Investing always comes with risks. Therefore, do not invest money, the possible loss of which could change the level of your life.

Your feedback and comments

Before you decide to transfer your savings to the account of a broker. This is see what reviews about the broker Dukascopy have other forum users. The main thing is to choose such an intermediary, which will provide security and guarantee of payment of money. Our team would like to thank you for all the comments you write about dukascopy broker. Your feedback is very expensive for us. If you would like our team to check out a new broker, which we do not have any opinion about yet on our blog. We cordially invite you to send you an email with the name of this website and the address of its website.

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