Dukascopy, a Geneva-based retail forex and CFDs broker, has introduced a High Volume Cashback Program for its clients. The program offers cashback on commissions based on monthly trading volume, starting at $500 million.

Founded in 2004, Dukascopy Bank has reached its 20th anniversary, marking two decades of operations in digital trading and banking services. Now serving over 400,000 clients globally, the bank has grown from a trading platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term provider into a fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term company, offering both traditional trading services and neo-banking solutions.

Dukascopy Introduces Cashback for Traders' Volumes

Clients with multiple margin accounts can combine their trading volumes for the program. Cashback earned in a given month will be paid at the beginning of the following month. The cashback percentage applies to volumes over $500 million and increases progressively with higher trading volumes.

The program excludes commission on Stock CFDs. Additionally, clients participating in other commission discount programs cannot receive a total discount or cashback exceeding 50% of the standard commission.

Developing Technology and Expanding Client Base

Dukascopy's growth has been driven by the development of proprietary technology, such as the JForex platform, and support for industry-standard platforms like MT4 and MT5. The company’s service offerings have expanded to include white-label solutions and banking-as-a-platform services for both retail and institutional clients.

Looking ahead, Dukascopy plans to continue expanding its client base across all segments, including trading, neo-banking, corporate services, and white-label solutions.

Dukascopy Japan Introduces Commodity CFD Trading

Meanwhile, Dukascopy Japan has received approval from Japan’s METI and MAFF to offer commodity CFD trading, including oil, gas, and precious metals, as reported by Finance Magnates. The company can now provide these instruments alongside its forex services, available through both LIVE and DEMO JForex accounts for Japanese clients.

With this new commodity license, Dukascopy Japan aims to attract a broader clientele and enhance portfolio diversification. The company also plans to secure a license to offer equity CFDs, further expanding its product offerings in the Japanese market.