Dukascopy Review Scores
Dukascopy
www.dukascopy.com
Overall Score: 3.4 / 5
Total Votes: 115
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Dukascopy Discussion
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GridsForPips

Member Since Jun 16, 2010  205 posts Soeren (GridsForPips) Aug 28 2010 at 13:36 (edited Aug 28 2010 at 13:37 )
Just tried both methods, it seems Dukas' own is actually the best...

I just converted 1534 MQL4 lines to 1749 JForex. It cost me a little funtionality to get it all converted, because I didn't want to read up on how to convert an 'extern int datetime Datelimit=D'2000.01.01';' line.

Just read the conversion errors in the message tab, then most of the errors are easily resolved.

Now I just hope it's gonna trade in history tester.

Cheers

Always get cashback -
paulng

Member Since Aug 13, 2010  43 posts Paul Ng (paulng) Aug 28 2010 at 14:14
Soeren,

thanks for the advise. my knowledge of java is zero smiley
when I converted, the java code compiled successfully, but had to wait 9 hours for a 10-year test which yielded zero trades.
I'll be asking around. Wonder if using NinjaTrader or RightEdge and link up to forex futures on globex will be a better path forward.
In the meantime, I suppose I will just have to learn more about java.

"The first rule of forecasting should be that the unforeseen keeps making the future unforeseeable." - David McCasland (January 5,2012, Our Daily Bread)
ibfree

Member Since Jun 03, 2010  3 posts ibfree Oct 11 2010 at 20:12
Excellent Broker. I even became a money manager with them.

tupajz

Member Since May 22, 2010  7 posts Tupaj (tupajz) Oct 30 2010 at 18:34
The best brocker besides Oanda

pipinvestment1

Member Since Aug 14, 2010  219 posts Will Schaarrand (pipinvestment1) Nov 13 2010 at 04:16
Dukascopy improved their Spreads by adjusting to 0.1 instead of 0.5 increments. I've always been very impressed with Dukascopy

I have nothing to complain about and I have only good things to say about this broker. I wish I started out with this broker. It would have saved me time, money, and many headaches.

Jforex is A++

a2xm

Member Since Mar 20, 2010  17 posts a2xm Mar 13 2011 at 03:47 (edited Mar 13 2011 at 03:49 )
I've been using this broker for live since 3 months ago.. overall it is very good and I like it so much.. the not so good is the JForex platform.. it seem to eat my computer resources so much.. the longer I use it, the more slow this platform is.. even though I've deleted the temporary Java files everyday..sad] FYI: I use Intel core 2 duo CPU & 4GB RAM.

I hope their R&D team will keep improve the JForex to become a lite, low resources, and the best platform someday..grin

Still highly recommended..! smiley

Trade What You See !
didier

Member Since Sep 20, 2010  13 posts Deedou (didier) Apr 27 2011 at 04:16
I would like to use Dukascopy and some of my friends too, but as long as they do not provide any MT4 plateform, we are not considering going with them.

Sure if they provide MT4 Plateform, they will have much more customers.... but they seem happy like this, don't need more customers, lucky broker !!!

Didier
unholy_ghost

Member Since Aug 27, 2011  10 posts unholy_ghost Aug 27 2011 at 10:24
with all due respect to all MT4 users, i quite frankly do not understand why you all love MT4 so much. besides the fact that it was designed from the ground up to facilitate scamming retail traders, the UI isn't any better than, say, for ex., JForex or even MB Trading's old platform, MBT Navigator Pro. if you want charting excellence, then you might as well fork out USD 1,000/year for eSginal, at least that way you know you get a rock solid and proven solution.

and the last nail in MT4's coffin is the clumsy order entry/order management interface. to wit:

1- why is there no 1-click 'open/close trade' functionality from the chart? instead, you have to navigate through a dialog and click more than once to get MT4 to close your trade. if you scalp and want to grab pips both long and short in the blink of eye, you are out of luck as the market will move faster than you can click the interface. utterly ridiculous.

2- why doesn't MT4 allow you to close all open trade in one go? instead you have to work your way through the list of open trades and select each one individually to close it. again, utterly ridiculous and not what an intraday trader should want. if you are a position trader, then of course, it doesn't matter. but if you need speed, MT4 is just plain bad UI design.

JForex takes care of both issues quite nicely, as does MBT Navigator Pro.

and finally, lest the EA freaks lambast me, yes, MT4 makes it user friendly to code EAs. and i say to you: so what??!!?

if you really insist on coding your EAs, then learn to use a real programming language such as Java. you'll be able to code and maintain a much more complex and sophisticated codebase than with the C lookalike MQL language. but of course, if your idea of an EA is some simple stringing together of other EAs and classic indicators to generate signals, then MQL is adequate. what i am talking about here is creating some real code, some real expert system as in AI expert system (neural net, genetic algos, multidimensional differential fractal analysis, fuzzy logic engines, or an HFT blackbox). for that, you need an OO language, not some scripting toy.

i guess most users want simplicity, which is understandable, but quite frankly, in case you haven't noticed, trading is anything but simple. there is some hard intellectual work to do and i suspect all these people who want only a one-button buy or sell interface don't have the fortitude or intellectual stamina to handle the intrinsic complexity involved in trading the markets. so if you can't even handle complexity at the interface level, you have no business trading in the 1st place. you'll only wipe out or at best, if you're lucky, get subpar results.

now feel free to lambast me. twist

Give me your pips!
canman888

Member Since Mar 24, 2010  44 posts canman888 Aug 28 2011 at 20:17
I make money with MT4, 'nough said...

unholy_ghost

Member Since Aug 27, 2011  10 posts unholy_ghost Aug 29 2011 at 10:39
good for you canman888. hopefully at least in the 4 digits/day.
almost forgot.... would you mind sharing which broker you use or recommend as having the best execution when trading volumes in excess of 5 lots?

Give me your pips!
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