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Dukascopy Forex Broker Reviews

I must say that I have traded with quite a number of platforms and Dukascopy is but only one of the countless. My experience with other platforms has been used as a yardstick for most of my observations with Dukascopy but am I glad I found them.

I will begin with the negatives. I have experienced some problems pertaining to execution whereby it was slipping by as much as a pip every single trade where the 'single click' manual execution is concerned. I am positive I am not the only one judging by similar experiences of other traders. I think Dukascopy at least realize and admits that it is a problem. However, traders are told to write to them every single time with the unique transaction ID. What I do not understand and can't accept is if it is a persisting problem that affects many, why not try and resolve it for good? Do you mean we have to contact your support every single trade since that is what I experience? It is quite a hassle I would like to think.

I feel that they have had very poor liquidity and I was getting slipped regularly. I don't think the slips have favored me much so far but I have been lucky on quite a few. This is especially the case during news time when things go haywire.  But then again, I am yet to find a broker that does "deliver" during new time.

Another unfortunate incident that I experienced with Dukascopy was when one of my trades closed down on its own without any prior warning or a reason. What's worse, the issue was never solved. I am still in the dark as to why and how something like that can happen. Have any of you experienced the same thing or is it just me?

Ok, I know it sounds like I am just complaining but overall Dukascopy gets a thumbs up from me. I had no problem with their customer service and have been trading with them for over a year and a half now.  I am really glad I discovered them and in my opinion they are the most honest and reliable Forex brokers online.  I do not say this lightly as I know the heartache and desperation that one goes through when you are not dealing with an honest broker. These guys are really up to their game (what else can you expect from the Swiss?)

Withdrawals are easy and I usually have my money quite quickly. I can honestly say I am glad I made the move to them as I have had much worse experiences with other brokers. Even though you may find some negative feedback on other websites, I suspect it is only because of individual gripes and client unhappiness that happens in every business.

Other than a few delays and hiccups that I have experienced with them I really can not complain about them.  I always suggest you start with a small amount and test them out and see for yourself.

I hope this review helps, as I can recommend Duksacopy for anyone wanting a reliable and above average Forex broker.

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