Dukascopy Expands Offering, Adds CFDs on Soft Commodities
- The two commodities are Cocoa (COCOA.CMD/USD) and Sugar (SUGAR.CMD/USD).

Dukascopy Bank, a Swiss forex bank and brokerage firm, announced this Tuesday that it has extended the number of tradable instruments on its platform by introducing contracts for differences (CFDs) on two soft commodities, as well as expanding the range of Indices.
Specifically, the two new commodities have been added to Dukascopy’s range of financial instruments - Cocoa (COCOA.CMD/USD) and Sugar (SUGAR.CMD/USD). Furthermore, the brokerage has also added a new stock index - Poland Index (PLN.IDX/PLN). All three instruments have been added on Live and Demo trading platforms.
In addition to announcing the three new financial instruments, the Switzerland-based broker also revealed today that it would soon add three more commodities for trading in the near future.
These three commodities are Coffee (COFFEE.CMD/USX), Cotton (COTTON.CMD/USX) and Orange Juice (OJUICE.CMD/USX). The statement released today does not give a date for when these instruments will be available to trade.
Dukascopy Shifting Focus to Crypto
The addition of new commodity financial instruments comes at the same time that the Swiss company is expanding its operations into the cryptocurrency industry. As Finance Magnates reported, in January of this year the broker launched the website for its cryptocurrency, Dukascoin, as well as the Whitepaper Whitepaper A whitepaper is defined as a pitch or persuasive, authoritative, and often in-depth report on a specific topic that presents a problem along with a respective solution. Marketers rely on whitepapers for a variety of reasons, most simply to educate an audience about a particular issue or to promote a particular methodology. In the cryptocurrency world, a whitepaper is a document that should contain all of the information about the technology that was used to build a cryptocurrency network, and how the network will be used, and for what purpose. Some whitepapers may also contain information about the business plan behind the cryptocurrencies and the organization that created it. Whitepapers as a Component of ICOsToday associated almost exclusively with Initial Coin Offerings (ICOs), these documents actually seek to provide a roadmap for a business plan for the company. This can include information for potential investors about specific product, structure, mission, benefits, team, roadmap, future plans, etc. These documents proved essential to the rise of ICOs.Whitepapers today receive a generally negative connotation for this reason, given the amount of speculative and ultimately unsuccessful ICOs promoted via whitepapers.A troubling number of whitepapers severely lacked vital or in many cases accurate information. This proved one of the foundational elements of the ICO craze which consequently reached its apex in 2017.Most whitepapers delved into specific details for investors in ways that normal marketing channels could not readily transmit.In this sense, whitepapers were very effective in providing detailed information on products, security protocols, methodology, target users, and team members. Despite the propensity for scams or high failure rate, there have been several successful ICOs. This includes Ethereum, NEO, Spectrecoin, and others. A whitepaper is defined as a pitch or persuasive, authoritative, and often in-depth report on a specific topic that presents a problem along with a respective solution. Marketers rely on whitepapers for a variety of reasons, most simply to educate an audience about a particular issue or to promote a particular methodology. In the cryptocurrency world, a whitepaper is a document that should contain all of the information about the technology that was used to build a cryptocurrency network, and how the network will be used, and for what purpose. Some whitepapers may also contain information about the business plan behind the cryptocurrencies and the organization that created it. Whitepapers as a Component of ICOsToday associated almost exclusively with Initial Coin Offerings (ICOs), these documents actually seek to provide a roadmap for a business plan for the company. This can include information for potential investors about specific product, structure, mission, benefits, team, roadmap, future plans, etc. These documents proved essential to the rise of ICOs.Whitepapers today receive a generally negative connotation for this reason, given the amount of speculative and ultimately unsuccessful ICOs promoted via whitepapers.A troubling number of whitepapers severely lacked vital or in many cases accurate information. This proved one of the foundational elements of the ICO craze which consequently reached its apex in 2017.Most whitepapers delved into specific details for investors in ways that normal marketing channels could not readily transmit.In this sense, whitepapers were very effective in providing detailed information on products, security protocols, methodology, target users, and team members. Despite the propensity for scams or high failure rate, there have been several successful ICOs. This includes Ethereum, NEO, Spectrecoin, and others. Read this Term.
In addition, the FX bank also announced that it has recently partnered with bitcoin exchange Bitstamp to enable crypto funding on its platform. Dukascopy has made the strategic decision to become a crypto-friendly bank and shared plans last year to launch a dedicated crypto gateway which is now live testing the crypto-funding functionality.
On the platform, Dukascopy customers can exchange US Dollars for bitcoins, in the same way, they would with any other currencies. They can also withdraw funds back to their cryptocurrency wallets in the form of bitcoins.
Dukascopy Bank, a Swiss forex bank and brokerage firm, announced this Tuesday that it has extended the number of tradable instruments on its platform by introducing contracts for differences (CFDs) on two soft commodities, as well as expanding the range of Indices.
Specifically, the two new commodities have been added to Dukascopy’s range of financial instruments - Cocoa (COCOA.CMD/USD) and Sugar (SUGAR.CMD/USD). Furthermore, the brokerage has also added a new stock index - Poland Index (PLN.IDX/PLN). All three instruments have been added on Live and Demo trading platforms.
In addition to announcing the three new financial instruments, the Switzerland-based broker also revealed today that it would soon add three more commodities for trading in the near future.
These three commodities are Coffee (COFFEE.CMD/USX), Cotton (COTTON.CMD/USX) and Orange Juice (OJUICE.CMD/USX). The statement released today does not give a date for when these instruments will be available to trade.
Dukascopy Shifting Focus to Crypto
The addition of new commodity financial instruments comes at the same time that the Swiss company is expanding its operations into the cryptocurrency industry. As Finance Magnates reported, in January of this year the broker launched the website for its cryptocurrency, Dukascoin, as well as the Whitepaper Whitepaper A whitepaper is defined as a pitch or persuasive, authoritative, and often in-depth report on a specific topic that presents a problem along with a respective solution. Marketers rely on whitepapers for a variety of reasons, most simply to educate an audience about a particular issue or to promote a particular methodology. In the cryptocurrency world, a whitepaper is a document that should contain all of the information about the technology that was used to build a cryptocurrency network, and how the network will be used, and for what purpose. Some whitepapers may also contain information about the business plan behind the cryptocurrencies and the organization that created it. Whitepapers as a Component of ICOsToday associated almost exclusively with Initial Coin Offerings (ICOs), these documents actually seek to provide a roadmap for a business plan for the company. This can include information for potential investors about specific product, structure, mission, benefits, team, roadmap, future plans, etc. These documents proved essential to the rise of ICOs.Whitepapers today receive a generally negative connotation for this reason, given the amount of speculative and ultimately unsuccessful ICOs promoted via whitepapers.A troubling number of whitepapers severely lacked vital or in many cases accurate information. This proved one of the foundational elements of the ICO craze which consequently reached its apex in 2017.Most whitepapers delved into specific details for investors in ways that normal marketing channels could not readily transmit.In this sense, whitepapers were very effective in providing detailed information on products, security protocols, methodology, target users, and team members. Despite the propensity for scams or high failure rate, there have been several successful ICOs. This includes Ethereum, NEO, Spectrecoin, and others. A whitepaper is defined as a pitch or persuasive, authoritative, and often in-depth report on a specific topic that presents a problem along with a respective solution. Marketers rely on whitepapers for a variety of reasons, most simply to educate an audience about a particular issue or to promote a particular methodology. In the cryptocurrency world, a whitepaper is a document that should contain all of the information about the technology that was used to build a cryptocurrency network, and how the network will be used, and for what purpose. Some whitepapers may also contain information about the business plan behind the cryptocurrencies and the organization that created it. Whitepapers as a Component of ICOsToday associated almost exclusively with Initial Coin Offerings (ICOs), these documents actually seek to provide a roadmap for a business plan for the company. This can include information for potential investors about specific product, structure, mission, benefits, team, roadmap, future plans, etc. These documents proved essential to the rise of ICOs.Whitepapers today receive a generally negative connotation for this reason, given the amount of speculative and ultimately unsuccessful ICOs promoted via whitepapers.A troubling number of whitepapers severely lacked vital or in many cases accurate information. This proved one of the foundational elements of the ICO craze which consequently reached its apex in 2017.Most whitepapers delved into specific details for investors in ways that normal marketing channels could not readily transmit.In this sense, whitepapers were very effective in providing detailed information on products, security protocols, methodology, target users, and team members. Despite the propensity for scams or high failure rate, there have been several successful ICOs. This includes Ethereum, NEO, Spectrecoin, and others. Read this Term.
In addition, the FX bank also announced that it has recently partnered with bitcoin exchange Bitstamp to enable crypto funding on its platform. Dukascopy has made the strategic decision to become a crypto-friendly bank and shared plans last year to launch a dedicated crypto gateway which is now live testing the crypto-funding functionality.
On the platform, Dukascopy customers can exchange US Dollars for bitcoins, in the same way, they would with any other currencies. They can also withdraw funds back to their cryptocurrency wallets in the form of bitcoins.