Greetings forex autotraders. I’ve got news from ZuluTrade that they’ve added the popular Swiss ECN forex broker, Dukascopy, to their supported brokers list. I for one believe this is excellent news indeed. The spread alone justifies zulutrading through Dukascopy. If you’re using a signal provider that uses scalping strategies then you most definitely want to go with this broker.
Reasons to open a ZuluTrade account with Dukascopy:
1. Seven different currency accounts – USD, CHF, EUR, GBP, JPY, CAD, AUD!
2. Regulated Swiss financial institution, currently in the stage of applying for a banking license, with a shareholder capital of 22 000 000 CHF.
3. Lucrative spreads (EUR/USD 0.5 – 1 pip, GBP/USD 1-2 pips)
4. 24/6 phone trading support
If you checkout my recommended forex brokers page you’ll see that Dukascopy listed there in the “recommended ECN brokers” section. I would venture to say that they’re one of the best – if not the best – broker you can use with ZuluTrade. The minimum account size may deter some of you though. I think it’s $5000 (or equivalent in whatever currency you decide to open it in); at least that’s the minimum listed on Dukascopy’s website. What I would do I I couldn’t afford the minimum account opening balance that Dukascopy asks is use another broker until my ZuluTrade account surpasses $5000 and then switch to Dukascopy.
Well that about does it for this post. I’m gonna go get some some shut eye.
Cheers, and I wish you all the best of luck with your zulutrading!
Alan