DUKASCOPY JFOREX REVIEW
◙ FOREX TRADING PLATFORM: JForex
◙ MARKETS: Forex, Gold, and Silver
◙ EXPERT ADVISORS: YES
◙ MOBILE TRADING: NO
◙ SOCIAL TRADING: YES
◙ JFOREX CHARTING: Advanced Charting Capabilities | Chart-Pattern Recognition
◙ LEVEL OF EXPERIENCE: Semi-Advanced Traders | Advanced Traders | Professional Traders
◙ COST: Free Software
INTRODUCTION TO DUKASCOPY JFOREX
JForex platform combines manual and automated Forex trading. JForex is developed by the Swiss Forex Bank Dukascopy (» Review Dukascopy) and it is based on the JAVA language. Advanced charting capabilities, full market depth, and integrated technical analysis tools are some of the reasons why JForex gained a reputation among advanced Forex traders. Let’s see some of the basic features of JForex:
(i) Running on Different OS
Trade automated strategies in multiple Operating Systems {Windows PCs, Mac PCs, Linux, etc.}
(ii) 180 Technical Analysis indicators
Apply up to 180 trading indicators on your charts
(iii) Full market depth
Monitor the full Forex market depth {driven by many different liquidity providers}
(iv) Automated strategy visualization
Visualize any automated strategy’s execution in real-time
(v) Historical Back-Testing
Test any automated trading strategy via historical backtests (real-tick data)
(vi) SWFX Market
JForex provides access to the Dukascopy SWFX Market (Swiss Forex Marketplace)
DUKASCOPY JFOREX FOREX ASSET INDEX
JForex trades multiple Forex pairs plus Gold and Silver:
- EUR/AUD, EUR/CAD, EUR/CHF, EUR/DKK, EUR/GBP, EUR/HKD, EUR/JPY, EUR/NOK, EUR/NZD, EUR/PLN, EUR/SEK, EUR/SGD, EUR/TRY, EUR/USD
- USD/CAD, USD/CHF, USD/DKK, USD/HKD, USD/JPY, USD/MXN, USD/NOK, USD/PLN, USD/RUB, USD/SEK, USD/SGD, USD/TRY, USD/ZAR
- GBP/AUD, GBP/CAD, GBP/CHF, GBP/JPY, GBP/NZD, GBP/USD
- AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/SGD, AUD/USD
- CAD/CHF, CAD/HKD, CAD/JPY, CHF/JPY
- NZD/CAD, NZD/CHF, NZD/JPY, NZD/USD,
- XAG/USD XAU/USD
DUKASCOPY JFOREX TRADING ORDERS
JForex provides a wide range of orders:
- Market Orders, Limit orders, Stop orders, Take Profit orders, Stop Loss orders, Stop Limit orders, Trailing Stop orders, Place Bids/Offer, OCO, IFD
- Maximum price slippage is controlled by the function -Slippage Control-
- Two trading modes available on JForex {Net Position and Hedging mode}
DUKASCOPY JFOREX TECHNOLOGY
JForex offers advanced technology and extended functionality:
JForex Functionality when trading with Dukascopy |
|
Automated trading (strategies builder) |
Yes |
Slippage control |
Yes |
Hedging support |
Yes |
Trailing Stop Orders |
Yes |
One-click Mode |
Yes |
Net Position mode |
Yes |
Built-in Indicators |
Yes |
Auto Chart-Pattern Recognition |
Yes |
News and analytics tools |
Yes |
Market Alerts |
Yes |
Communication tools |
Yes |
Customized settings |
Yes |
Frequency of updates set-up |
No |
DUKASCOPY JFOREX MOBILE TRADING
Dukascopy does not provide a JForex mobile version, instead, it provides the SWFX mobile trader for iOs and Android smartphones but also for iPad.
DUKASCOPY JFOREX SPECIAL FEATURES
JForex platform is programmed to cover the needs of advanced, professional, and institutional Forex traders. The platform is designed for both manual and automated trading.
(1) Optimized for automated and chart trading
(2) API for automated Forex strategies and indicators
(3) Historical tester {back-testing in tick charts}
(4) Run historical backtests on multiple Forex pairs within a single trading strategy
(5) Custom Strategy execution and visualization
(6) Trade directly from charts
(7) Compatible with PC, Mac, and Linux (Requirements: PC with CPU 1.5 GHz+, RAM 1Gb and Java 1.7+)
DUKASCOPY JFOREX FOREX ROBOTS (EXPERT ADVISORS)
There are hundreds of programmers developing indicators and Expert Advisors exclusively for JForex. Dukascopy also has released the JForex Automated Strategy Contest.
FOREX BROKERS OFFERING DUKASCOPY JFOREX
JForex is developed by Dukascopy Bank Group which is a Swiss-based Forex Bank. Dukascopy provides ECN Forex trading via its unique SWFX Market (Swiss FX Marketplace). SWFX is a state-of-the-art technological solution for trading Forex using a unique centralized-decentralized marketplace model. The SWFX Marketplace combines liquidity coming from different providers such as Bank of America, Nomura, Barclays, Currenex, UBS, Goldman Sachs, Citibank, BNP Paribas, and HSBC Bank.
DUKASCOPY AT A GLANCE
□ Dukascopy Bank Headquarters / Regulation: SWITZERLAND | FINMA
□ Liquidity Providers: Bank Of America, Commerzbank, Barclays, Currenex, Deutsche Bank, JP Morgan, Goldman Sachs, Citibank, and others
□ Minimum Account / Fund Methods: 1,000 USD | BANK WIRE
□ 50+ Forex pairs plus CFD Trading
□ Trading Spreads: Minimum spread is 0.20 pip on EURUSD
□ Trading Commissions: As low as $1.0 / lot and up to $3.5 / lot
□ PAMM/MAM Accounts: MAM
□ Islamic Accounts: YES
□ API Trading: YES (MT4 SOFTWARE BRIDGE IS AVAILABLE)
» Review Dukascopy | » Visit Dukascopy
◙ JForex Review
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