Dukascopy Adds Over 300 Cross Instruments to Let Traders Move Beyond USD Pairs

Dukascopy has added 303 new trading instruments to its JForex platform, expanding its multi-asset offering across currency, precious metals, and cryptocurrency markets.

The update, announced by the company today (Tuesday), introduces a wide range of cross pairs, significantly increasing the number of markets available to clients.

The newly listed instruments include cross-currency pairs and non-USD combinations involving cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term and precious metals. The expansion is currently limited to the broker’s proprietary JForex platform.

Broader Asset Class Coverage

According to Dukascopy, updates for MetaTrader 4 and MetaTrader 5 platforms will follow. The rollout brings a wider variety of cross pairs, allowing traders to explore markets beyond standard USD-denominated combinations. The inclusion of alternative crosses reflects growing demand for more diverse trading opportunities and risk management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term strategies.

You may also find interesting: Match-Trade Debuts Enhanced Platform Interface with Guinness Record Holder as Brand Ambassador

Although Dukascopy did not publish a full list of the new instruments, the addition is likely to include pairs such as BTC/ETH, EUR/XAU, or GBP/LTC, covering a mix of digital assets and commodities against fiat currencies.

MetaTrader Support Still Pending

While JForex users can access the instruments immediately, support for MetaTrader 4 and MetaTrader 5 remains in development. Dukascopy stated that updates to these platforms are planned, but did not specify a release date.

Until then, access to the expanded instrument list is limited to JForex, which continues to serve as the main trading interface for Dukascopy’s client base.

Early this year, Dukascopy boosted its list of tradable instruments by adding 32 exchange-traded funds (ETFs). The firm features proprietary and third-party trading platforms, including JForex, MT4, and MT5.

The company also offers neo-banking services and solutions like White Label and banking-as-a-platform services for individuals and businesses.

And last year, Dukascopy Japan launched commodity CFD trading following approval from Japan’s Ministry of Economy, Trade, and Industry and the Ministry of Agriculture, Forestry, and Fisheries. The company can reportedly offer commodity CFDs, such as oil, gas, and precious metals, to its clients.