Is Dukascopy.com a fair Forex Broker?
Dukascopy is a Forex Broker offering Forex Trading services via MT4 and Jforex trading platform. Orders execution model of Dukascopy should be ECN, but Dukascopy has big regular contests and % deposit bonus, so they are most likely one of the liquidity providers in their ECN. They also offer binary options. Binary options, contests and % deposit bonuses are always not a good sign for traders. Significant slippage also experienced.
Pros: ECN trading, banking license, fair trading costs
Cons: Questionable liquidity providers, % deposit bonuses, slippage experienced, binary options