Dukascopy BROKER REVIEW
Description
Dukascopy Europe IBS AS is EU licensed investment brokerage company which is 100% owned by Swiss Forex bank Dukascopy Bank SA.
In accordance with White Label Agreement with Dukascopy Bank SA, Dukascopy Europe provides to its clients an access to the Swiss Foreign Exchange Marketplace on the same conditions which are available to the clients of Dukascopy Bank.
EU license allows Dukascopy Europe to be an eligible counterparty for both private and institutional clients in any of 28 EU countries.
Dukascopy provides leveraged CFD trading on price movements of cryptocurrencies, its derivatives or value estimations.
Unlike traditional purchase of cryptocurrencies trading cryptocurrency CFDs (Crypto) allow speculative operations without having a digital wallet. There is no need to own cryptocurrency coins eliminating cyber security risks.
Due to the leverage provided on trading accounts the client can hold cryptocurrency CFD positions larger than amount of traditional currency initially owned.
Similar to other CFDs and FX instruments, cryptocurrency CFD can be short or long so the client can benefit from price movement in both directions up and down.
Please be aware that opened CFD position is not owning of an underlying asset and price of cryptocurrency CFD varies significantly across different cryptocurrency exchanges. Although the price of the CFD usually reflects the price of the underlying asset, this is not necessary the case.
Additional information
Specification: Dukascopy BROKER REVIEW
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