Dukascopy Commissions
When a client is trading on the Interbank account with Dukascopy, the standard commission of USD 18 per one million USD traded is charged. Commissions are partially reimbursed on the basis of the traders’ monthly volume.
Commission for managed accounts will be discussed separately in order to cover accountancy and compliance responsibilities.
Example: The total volume traded during the month of June equals to 3,500,000.000 (3.5 billion), the commission will be charged as follows : USD 15 per one million USD traded for the whole 3,5 billions traded. Any difference between the commission initially accounted for and the effective amount of commission determined by the volume figure shall be the subject of a credit to the client's account at the end of the month in consideration.
Commissions reflect fractional adjustments to the price that can not be applied directly on the platform due to certain technical limitations but are reflected on the final reports.
In default reports available to clients the commissions are included in the price of the trade.
For the convenience of the client an alternative form of reporting is available where this part of the trade price is shown separately. In order to switch to this reporting methods please contact your account manager.
Commission for managed accounts will be discussed separately in order to cover accountancy and compliance responsibilities.
Example: The total volume traded during the month of June equals to 3,500,000.000 (3.5 billion), the commission will be charged as follows : USD 15 per one million USD traded for the whole 3,5 billions traded. Any difference between the commission initially accounted for and the effective amount of commission determined by the volume figure shall be the subject of a credit to the client's account at the end of the month in consideration.
Commissions reflect fractional adjustments to the price that can not be applied directly on the platform due to certain technical limitations but are reflected on the final reports.
In default reports available to clients the commissions are included in the price of the trade.
For the convenience of the client an alternative form of reporting is available where this part of the trade price is shown separately. In order to switch to this reporting methods please contact your account manager.
Settlement procedure
Settlement activities are conducted on the 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.
