Dukascopy reduces volume commission rates
Swiss online trading company Dukascopy announces that it has significantly reduced the volume commission rates for traders.
This trading conditions improvement is aimed at creating an extremely competitive environment for traders with deposits bigger than $1 million and trading volume makers.
Dukascopy has been regularly enhancing trading conditions for its clients. In August, the broker announced that the additional volume commission for trading on MetaTrader 4 platform charged on top of the standard Dukascopy Bank fee schedule has been reduced by 50% to become $0.5 per 1 MT4 lot ($5 per $1 million).
Note that the volume commission on MT4 accounts is calculated for a round turn transaction and is entirely charged on opening trades. Thus, only the positions opened past this news release will benefit from the reduced commission rate.