Dukascopy Interbank Accounts

Interbank Account Interbank Accountvia API AdvancedInterbank Account VIPInterbank AccountMinimum Deposit USD 50.000 *USD 100.000 USD 250.000 USD 1.000.000Exclusive Services - API servicewith minimumvolume conditions - -Spreads Interbank Spread EUR/USD 0-1 pip Interbank Spread EUR/USD 0-1 pip Interbank Spread EUR/USD 0-1 pip Interbank Spread EUR/USD 0-1 pipBank Guarantee Funding NO NO YES YESSegregated accounts with Swiss Private Banks NO NO Yes, starting with a deposit of 500.000 USD YESVolume commission USD 10-18/ mio USD USD 10-18/ mio USD USD 10-18/ mio USD USD 10-18/ mio USDScalping YES YES YES YESLiquidity,one click trading Unlimited Unlimited Unlimited Unlimited* This limitation is only applicated on users of FIX API. No limitations apply to JForex API.Settlement procedureSettlement activities are conducted on a daily basis and include all post-trade operations such as trade settlements, rolls, volume commissions and daily p&L conversions and other end-of-day amendments (please refer to Overnight policy for relating information on value date and overnights). Settlement procedure is applied at 22:00 GMT and carried out automatically in the same currency of the account. When the settlement process is completed, changes are registered in the balance. Clients are able to view the balance history in the various reports through the trading platform or the website backoffice services.Lot SizeThe Dukascopy platform is optimized for trading 250,000 units of the primary currency as a standard order size. The minimal acceptable order size is now 100,000 units of the primary currency (for any type of orders except BID/OFFER orders). However, orders with a size between 100,000 and 250,000 units of the primary currency have an increased probability of being rejected by some counterparties.Platform SpecificationDukascopy's SWFX Trading Platform is a unique technology with specific characteristic for advanced traders. Platform's special functions and tools are created in order to suit sophisticated needs and provide additional protection of the clients against market spikes. Dukascopy strongly recommends you to become familiar with platform manual before you start live trading.Trading Accounts funding facilitiesDifferent solutions are available to clients to fund their trading accounts.They include:* Direct money transfer* Bank Guarantee or Letter of Credit (the client and the issuing bank have to contact their account manager at Dukascopy to get more information)* Trading Account linked to a personal Swiss Private Bank Account. In this case, clients trade directly in the Swiss FX Marketplace from their personal Swiss Bank Accounts, without transfering funds to Dukascopy. (the client and the issuing bank have to contact their account manager at Dukascopy for any question).