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What to do… » DukasCopy soon to offer MT4
Home > Forex > DukasCopy soon to offer MT4

DukasCopy soon to offer MT4

January 8th, 2010

Well, this was news to me just a few days ago. DukasCopy, one of the biggest institutional brokers in the World, is implementing MetaTrader4 as trading platform, in parallel with their current offerings. Right now they’re offering what they call a “temporary beta demo”. I downloaded and started four MD charts (+2,+4,+6,+8) yesterday. It have done very well actually, better than JadeFX demo with the same setup for example (of course no guarantee for live performance).

Good news also is that they allow accounts with minimum $5000 (lowered from $50K to $10K and now lowered again). Minimum lot size is currently 0.1 of a million, but there’s a rumor that they will allow trading micro lots soon. That could be very interesting.

Even if you’re not interested in opening an account there, check out their history center. Excellent for backtesting on M1 way way back. I ran a 10 year MD backtest yesterday with 90% modeling quality. Not like your average ECN, who often don’t offer more than days of M1 history. The best would have been tick data of course, but MT4 doesn’t offer this possibility.

Check it out yourselves: http://www.dukascopy.com/swiss/english/forex/trading_login/marketplace_demo_login/ (at the bottom of the page)

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Author: admin Tags: , ,
  1. Sven-Erick
    October 20th, 2010 at 10:39 | #1
    Reply | Quote

    Hello Johan,

    Since you like Dukascopy and talked about the implementiation of MT4 I can now tell you that it is up and running.

    Go to http://www.fairtradingtechnology.com to find out more.

    We will acctually be in Stockholm in early november at the TradeTech Nordic conference. If we could get together that would be fun.

    Email me back,

    Great webiste you have.

    Sven-Erick

  2. admin
    January 10th, 2011 at 15:22 | #2
    Reply | Quote

    Hello and thank you Sven-Erick. Sorry for the late reply, I had over 6000 spam comments to sort through.

    I will check it out. Sorry to miss the conference, but I’m such a small fish I probably wouldn’t fit in either way.

    BR Johan Axelsson

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