Comments on: Dukascopy Beta Testing MetaTrader 4 ECN Accounts

By: Jim

Jim — Tue, 22 Jun 2010 08:52:46 +0000

Hi Ed,

Thanks for the suggestion. So it seems as though at the Duke's highest rate of commission you can save around 0.4 of a pip if you shop around.

The next question is how hard do they hit you on average on other, rather less transparent, costs? Slippage and the like.

Jim

By: Ed

Ed — Mon, 21 Jun 2010 21:22:53 +0000

Guys – you can get a 40%+ percent rebate on dukascopy commissions if you do a little google searching…

By: Jim

Jim — Wed, 03 Mar 2010 08:26:53 +0000

Hi Jon,

I suppose with high enough volumes Dukascopy commissions could be considered "negligible", and calling them commissions is undoubtedly more transparent.

However the entry level commission (which has now reduced slightly BTW) works out at (almost!) an extra 1 pip spread on a round turn, which is not entirely insignificant if you're scalping.

Jim

By: Jon

Jon — Wed, 03 Mar 2010 01:30:47 +0000

Commissions are truly negligible. I have more respect
for any business that calls it the way it is. Commission
called a commission is infinitely better and transparent
than unknown spread upmarks any day.

By: Nico

Nico — Sat, 16 Jan 2010 18:35:32 +0000

Very interesting Jim! thanks for the post!

By: kasia

kasia — Sat, 16 Jan 2010 17:33:55 +0000

Very interesting, thanks for this useful info; I will experiment with the demo account