Dukascopy introduces new CFDs to shares and reduces fees
The Swiss Forex Dukascopy broker Bank is expanding its stock offer. To the list of instruments available for trading on real accounts, they join CFD for shares of the most liquid companies from Great Britain. But positive news is more. The broker also reduces the minimum commissions charged on shares and the card transaction fees (deposit of funds).
All changes described below concern both Dukascopy Bank and its daughter companies, Dukascopy Europe.
Growing demand for shares
The boom on global stock exchanges is conducive to growing interest in equity trading. More than a year's bull market and historical records recorded on the German and US indices stimulate the appetite of investors. Thus, the Swiss broker has significantly expanded the range of available markets in a very short time. At the moment, CFDs on stocks from as many as 13 European countries + the USA are available.
This week, Dukascopy added to its offer up to 85 CFD for shares in Great Britain from leverage 1:10. Companies such as Tesco, BP, Rolls-Royce, HSBC, easyJet and Vodafone are available.
A full list of newly added instruments is available on the Dukascopy website HERE (UK should be selected from the list of countries). On the JForex platform, you can add interesting CFD instruments by right-clicking on the list of instruments, select an option Subscribe to Instrumentsand then go to the appearing tabs.
Commission reduction min. on CFD shares
This is not the end of positive changes. Recently, Dukascopy has reduced the minimum commission rates on European shares by as much as 60%. Previously, the minimum commission per single order was 10 EUR, currently it is only 4 EUR. The commission rate remained at the same level and amounts to 0,1% of the transaction value.
This means that those changes will primarily benefit traders operating smaller amounts or containing single transactions with a face value less than 10 000 EUR.
Card transactions cheaper
Another change in favor of the clients is the reduction of fees charged for the deposit payment via a credit / debit card in up to 10 of different currencies. Account transactions in such currencies as EUR, GBP, CHF, PLN, DKK, NOK, SEK have been reduced. up to 40%. In the case of AUD, CAD, JPY and RUB currencies, however, there was a reduction, however, to a lesser extent. The only currency for which commissions have not changed is the US dollar.
As of today, the rates for card deposits are as follows:
- 1.2% for transactions in EUR, GBP and CHF;
- 1.5% for transactions in DKK, NOK, PLN and SEK;
- 2% for transactions in USD;
- 2.3% for transactions in RUB, JPY, CAD and AUD.
The commission on the payment is charged not by the broker but by the transaction broker (CC Processing Company).
Leave a Response