How is the regulation and safety of the Dukascopy platform?
2024-04-24 10:37:31
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Many friends who are new to the foreign exchange market report that it is difficult to find a reliable platform, and most of them cannot withdraw their profits. They are cheated by the platform and run away with the money. The road to foreign exchange investment is bumpy. FxGecko's top 100 foreign exchange platforms can be used as a reference for you to choose. If it is not within the top 100, you should pay special attention to the main white label relationship and risk warnings of the platform.

Today, an investor asked Xiaobian about the Dukascopy platform, wondering if the supervision of the Dukascopy platform is safe, if the funds are guaranteed on the Dukascopy platform, and if they want to see the recent service quality and trading environment.

According to FxGecko, this platform is called Dukascopy, which was established in 2004 and ranks 14th in the world with a safety score of 90. Currently, it has a UK FCA EEA authorization license and a Swiss FINMA MM market maker license, with 691 risk scans.

The supervision of Dukascopy platform can be summarized as follows:

1. Dugossberg Bank is headquartered in Switzerland and is fully regulated by the Swiss Financial Market Supervisory Authority (FINMA).

2. Dugarsbay has a subsidiary in the European Union, "Dugarsbay Europe", which is regulated by the Latvian Financial and Capital Market Commission (FCMC).

3. Dugasbe has a subsidiary in Japan, "Dugasbe Japan", which is regulated by the Japan Financial Supervisory Agency (JFSA).

4. The Dugasbay Group implements centralized supervision within the group to ensure overall liquidity, risk diversification, and capital adequacy.

In addition, Dugosbay also warned investors to pay attention to identifying fraudulent websites and apps that impersonate their brands.

Overall, Dukascopy Bank SA, as a Swiss-based foreign exchange dealer, is regulated by multiple regulatory agencies, and the overall regulatory environment is relatively safe and reliable. However, investors still need to be cautious in identifying fraudulent activities to ensure the safety of their funds.

FxGecko's comprehensive review: Dugobex is good in terms of its establishment time, supervision, and main white label information, but its service attitude is a serious flaw. When the server is down, the customer service gives traders the excuse that they can trade through the phone. Avoiding the important and focusing on the trivial, they offer solutions to make customers think, and cover up the problems of the platform. The service awareness is really not flattering. Now Dugobex has withdrawn from the Chinese market, indicating that it does not accept Chinese investors.

The financial market is mixed with good and bad, and there are investment risks. We should investigate the platform before investing. To prevent lightning and fraud, we should first go to FxGecko.


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