Dukascopy Rolls Out Stock Trading Platform Offering Over 25,000 Long-Only CFDs
Dukascopy Bank has
launched a new Stock Trading Platform, expanding its offering into equity CFDs
with access to more than 25,000 stock and ETF instruments.
Alongside this, the Swiss bank has also expanded
instruments on MetaTrader 5 from over 100 to more than 400, adding metals,
FX crosses and crypto CFDs, including gold and silver.
The broker said the
additional instruments are available on both live and demo accounts. It
described the update as part of its broader effort to expand market access.
MetaTrader 5 is offered alongside MetaTrader 4 and JForex within its
multi-platform setup.
Dukascopy Adds Long-Only Stock CFDs
The new Stock Trading
Platform is designed to extend the firm’s existing multi-asset ecosystem. It
operates as a separate trading environment and does not replace the current
setup.
The platform is
accessible through JForex4 Desktop. Dukascopy said the integration is intended
to maintain a consistent client experience while providing a dedicated
interface for stock trading.
JForex vs New Stock Platform
The firm outlined
differences between its two environments. On JForex, clients have access to
more than 1,500 stocks and ETFs, while the new platform expands this to over
25,000 instruments. Market coverage also differs, with JForex supporting 18
markets and the Stock Trading Platform covering 20, with plans to expand to 87.
Trading conditions vary across the systems.
JForex allows both long and short positions, while the Stock Trading Platform
supports only long positions. Leverage also differs, with the new platform
operating at 1:1.
The launch follows a
series of product expansions on JForex, including ETF
additions and cross-asset instruments.
Automation Limits
Different Across Platforms
Automation is
supported on JForex but not on the Stock Trading Platform. Exposure limits
apply on JForex, while the new platform removes such limits. Funding is also
structured differently, with the Stock Trading Platform funded only through a
JForex sub-account, although standard JForex funding methods remain available
at that level.
This article was written by Tareq Sikder at www.financemagnates.com.
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