Forex

Dukascopy Expands CFD Soft Commodities Product Offering

Dukascopy, a Switzerland-headquartered international trade (foreign exchange) financial institution and brokerage agency, introduced this Tuesday that it has expanded its comfortable commodities providing by including three new merchandise.

The new comfortable commodities are Coffee (COFFEE.CMD/USX), Cotton (COTTON.CMD/USX) and Orange Juice (OJUICE.CMD/USX). The announcement right this moment follows on from an earlier promise by Dukascopy in the direction of the top of February, when the Swiss financial institution prolonged the variety of tradable devices on its platform by introducing contracts for variations (CFDs) on comfortable commodities for the primary time.

The iFX EXPO is Back in Limassol!

At the time, as Finance Magnates reported, the dealer added CFDs on Cocoa (COCOA.CMD/USD) and Sugar (SUGAR.CMD/USD). At the identical time, it promised so as to add three further comfortable commodities within the close to future, which have been subsequently launched right this moment.

With right this moment’s additions, traders can now commerce CFDs on 5 separate comfortable commodities. The most leverage for the brand new commodities is 1:30; nonetheless, for Dukascopy Europe account holders, leverage is capped at 1:10.

Dukascopy Launches its Own Crypto Dukascoin

Today’s announcement is the most recent for Dukascopy, which has not too long ago revealed various adjustments on the foreign exchange financial institution, together with the official launch of its cryptocurrency – the Dukascoin.

As Finance Magnates beforehand reported, the Swiss-based agency airdropped its personal cryptocurrency on the 28th of February this yr, sooner or later forward of its scheduled date because the foreign exchange dealer wished to avoid wasting its self-described designation as “the primary regulated financial institution to launch an ICO.”

“We acquired to know that Japanese Mizuho Bank has equally introduced their token to be unveiled on the identical day. We settle for the problem and transfer the date of the launch to the 28th of February – sooner or later upfront,” the corporate mentioned in an announcement on the time.

At first, Dukascoin tokens might be out there as rewards for utilizing Dukascopy’s Connect 911 messenger and the related MCA accounts. 

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David

David is the founder of DebtDefined.com. The firm originates business financing for companies of all size in the Canadian marketplace . Originations include business loans, term loans, asset based lines of credit, SR ED Tax credit financing , and receivable financing .

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