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Dukascopy Introduces Two New Indices to Its MT4 Traders

by Solomon Oladipupo
  • The indices are open to Dukascopy Bank's and Dukascopy Europe Live's clients and demo users.
  • Dukascopy recently introduced 28 new stock CFDs from Mexico to JForex.
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Dukascopy, a Swiss online and mobile trading and banking provider, has now made two new indices available on MetaTrader 4 (MT4 ) for its users of the electronic trading platform developed by MetaQuotes. The two indices are the Volatility Index (VOL.IDX) and the South Africa Top 40 Index (SOA.IDX).

The Geneva-based retail forex and CFD broker announced on Thursday in a statement that the indices can be accessed by its Dukascopy Bank's and Dukascopy Europe Live's clients as well as demo users.

In August, the brokerage firm expanded its tradable portfolio by adding 405 new stock CFDs to its platform. These CFDs are based on the stocks of motorcycle manufacturer Harley Davidson, digital streaming firm Spotify, computer manufacturer Dell, and footwear marker Puma.

Watch this FMLS22 session on how CFD traders select their brokers.

Dukascopy Targets JForex Expansion

However, in a statement on Thursday, Dukascopy noted that it recently expanded its portfolio by introducing 28 new CFDs from Mexico to users of JForex, its proprietary trading platform. The company upgraded the platform from JForex3 to JForex4 in late January last year.

“Dukascopy continues to develop JForex4 as the main platform, which has 1160 trading instruments, including FX, Bullion, CFDs on commodities, bonds, indices, cryptos, stocks, ETFs and it keeps constantly expanding,” the Swiss broker noted in the statement.

Meanwhile, Dukascopy pointed out that it offers MT4 “as a complimentary platform with a limited list of trading instruments.” Additionally, the Swiss broker noted that it plans to make the upgraded MetaTrader 5 trading platform available to its users “in the near future.”

In May last year, Dukascopy launched a peer-to-peer crypto exchange to enhance its digital asset offerings. The new service, which initially supported 12 top cryptocurrencies, provides a price bulletin board that lists the buying and selling prices for various cryptocurrencies.

On the business side, the company recorded a 27% increase in its revenue for half-year 2022 which reached CHF 14.4 million ($15.1 million) and is up from CHF 11.3 million generated during the same period in the previous year.

In addition, the company saw its net profit jump 195% to CHF 1.44 million during the first six months of 2022.

Dukascopy, a Swiss online and mobile trading and banking provider, has now made two new indices available on MetaTrader 4 (MT4 ) for its users of the electronic trading platform developed by MetaQuotes. The two indices are the Volatility Index (VOL.IDX) and the South Africa Top 40 Index (SOA.IDX).

The Geneva-based retail forex and CFD broker announced on Thursday in a statement that the indices can be accessed by its Dukascopy Bank's and Dukascopy Europe Live's clients as well as demo users.

In August, the brokerage firm expanded its tradable portfolio by adding 405 new stock CFDs to its platform. These CFDs are based on the stocks of motorcycle manufacturer Harley Davidson, digital streaming firm Spotify, computer manufacturer Dell, and footwear marker Puma.

Watch this FMLS22 session on how CFD traders select their brokers.

Dukascopy Targets JForex Expansion

However, in a statement on Thursday, Dukascopy noted that it recently expanded its portfolio by introducing 28 new CFDs from Mexico to users of JForex, its proprietary trading platform. The company upgraded the platform from JForex3 to JForex4 in late January last year.

“Dukascopy continues to develop JForex4 as the main platform, which has 1160 trading instruments, including FX, Bullion, CFDs on commodities, bonds, indices, cryptos, stocks, ETFs and it keeps constantly expanding,” the Swiss broker noted in the statement.

Meanwhile, Dukascopy pointed out that it offers MT4 “as a complimentary platform with a limited list of trading instruments.” Additionally, the Swiss broker noted that it plans to make the upgraded MetaTrader 5 trading platform available to its users “in the near future.”

In May last year, Dukascopy launched a peer-to-peer crypto exchange to enhance its digital asset offerings. The new service, which initially supported 12 top cryptocurrencies, provides a price bulletin board that lists the buying and selling prices for various cryptocurrencies.

On the business side, the company recorded a 27% increase in its revenue for half-year 2022 which reached CHF 14.4 million ($15.1 million) and is up from CHF 11.3 million generated during the same period in the previous year.

In addition, the company saw its net profit jump 195% to CHF 1.44 million during the first six months of 2022.

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