FXDD and Dukascopy partnered a little less than a year ago on promoting Dukascopy’s platform in the US. This happened because Swiss banks (Dukascopy included) had to stop accepting US clients due to Dodd-Frank rules. It seems the move was successful enough as FXDD and Dukascopy now partner again on promoting Dukascopy’s JForex platform globally. This means that FXDD and Dukascopy will be going head to head in Europe for potentially same clients. Since Dukascopy is not a big marketer and probably receives a certain commission for each trade placed on its platform it may be quite a profitable move for it nonetheless.
FXDD, a leader in online Forex trading and education, today announced the global availability of its JForex platform to clients worldwide. This platform, powered by Dukascopy Bank SA, allows traders to follow positions directly from charts and develop strategies based on multiple currency pairs.
“By offering the JForex platform to our clients around the globe, FXDD continues to provide the most up-to-date tools to maximize trading performance,” said John Corbett, Director of Marketing at FXDD. “The JForex platform utilizes FXDD’s proprietary technology to provide seamless trading and account access, in addition to streaming market news and in-depth price information.”
Trading Places: Finding The Best Jurisdiction for Your BrokerageGo to article >>
The platform is available in English and Spanish and additional languages will be made available in the near future.
Similar to FXDD’s JForex mobile app, the JForex platform lets traders efficiently manage orders while accessing streaming quotes and advanced charting. The JForex platform features:
- Live charts and technical analysis
- In-depth price information provided by high/low tables and pivot points
- Dow Jones FX Market News
- Dow Jones Economic Calendar
- Lowest FX spreads (starting from 0.5 pips)
- ECN liquidity (100-200 mio on majors)
- Instant order execution
- Access to trading reports
- Compatibility with MAC and PC
- One-click execution
To get started with JForex, new FXDD clients can open a live or demo account online at: http://www.fxdd.com/en/forex-trading-software/jforex.html or http://global.fxdd.com/en/forex-trading-software/jforex.html