Dukascopy Debuts Money Market Products Targeting Stable Returns

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Dukascopy Bank is introducing new money market investment products just in time for its 20th anniversary. These products are called Interest USD, Interest EUR, and Interest GBP, and they provide annual interest rates of 5.70%, 4.03%, and 5.45%. The rates depend on how well the underlying funds perform.

These products are for clients who want safer and short-term growth for their money. They are available for MCA account holders and are designed for people looking for steady returns on their EUR, USD, and GBP savings. The bank believes these offerings are a good fit for investors who are okay with some risk and have a bit of experience.

Gold, Silver, And Platinum Members Get Up To 50% Off Maintenance Fees

Members of Dukascopy’s Gold, Silver, and Platinum Loyalty Program can also receive up to 50% off maintenance fees, which gives an extra benefit for long-term clients. Dukascopy Bank stated that Current Annualized Performance is for example purposes only.

The bank advises people to know about the maintenance fee related to these investments and they should check the firm’s website for more details about these fees. This statement shows that it is important to think about all costs connected with the new money market products.

Dukascopy Japan has introduced trading commodity CFDs after getting permission from Japan’s Ministry of Economy, Trade, and Industry and the Ministry of Agriculture, Forestry, and Fisheries. The company can now offer clients commodity CFDs, like oil, precious metals, and gas, in addition to its forex services.

These products will be available on both LIVE and DEMO JForex accounts for customers in Japan. The company wants to grow its client base and help diversify investment portfolios. Also, Dukascopy Japan aims to get a license for equity CFDs to strengthen its place in the Japanese financial market, according to reports.

After FlowBank went bankrupt, former traders are looking for new trading partners. In response, Dukascopy has created a special offer for these customers, giving them a 50% CashBack on volume commissions for as long as they have their accounts. This offer is open to all former FlowBank customers who open an account with Dukascopy and let their account manager know.

Dukascopy Added MetaTrader 5 (MT5) To Its Trading Platforms

Earlier this year, Dukascopy Bank SA warned the public about a fake website called https://duukascoppy.com/. The bank states that this scam website does not belong to Dukascopy Bank or any related companies, like Dukascopy Japan and Dukascopy Europe. The urgent warning tells people to be careful and stay away from the fake site.

Even though this clone website looks like Dukascopy Bank, it works on its own and is not connected to Dukascopy Bank. Therefore, the bank has asked users not to interact with this site.

Dukascopy also added MetaTrader 5 (MT5) to its trading platforms. This addition aims to give clients better trading services. With this new offering, the Swiss online trading platform wants to improve the trading experience with technical indicators, analytical tools, and different trading activities.

About Ali Raza PRO INVESTOR

Ali is a professional journalist with experience in Web3 journalism and marketing. Ali holds a Master's degree in Finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of leading cryptocurrency publications including Capital.com, CryptoSlate, Securities.io, Invezz.com, Business2Community, BeinCrypto, and more.