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Dukascopy, an online mobile trading and banking platform, has launched two new indices on MetaTrader 4 (MT4) for its users. The news of the launch was made public by the company on January 19th, 2023, via a press statement.
Details of Dukascopy’s New Indices
Dukascopy, according to its press release, has expanded its indices on the electronic trading platform created by MetaQuotes. The broker added the Volatility Index (VOL.IDX) and the South Africa Top 40 Index (SOA.IDX) to its trading platform. Per the statement, “both demo users and clients of Dukascopy Bank and Dukascopy Europe Live have access to the new indexes.”
Before this launch, Dukascopy had recorded a couple of feats. One of these was when the company released the JForex4, an upgrade from the former version, in January 2022. The company also recently expanded its offering with 28 Mexican CFDs.
In line with this development, the company is committed to developing JForex4 as its primary trading platform. This platform offers more than 1000 trading products, including indices, FX, cryptocurrencies, and CFDs.
Dukascopy also started a peer-to-peer cryptocurrency exchange in May 2022 to expand its digital asset services. This service offers a price bulletin board that indicates transactions of various cryptocurrencies; it initially supported 12 of the most popular cryptocurrencies in the market.
Additionally, in August 2022, Dukascopy added 405 other stock CFDs to its platform, expanding its tradeable portfolio. These CFDs are based on stocks from Puma, Harley Davidson’s manufacturing, Dell, and Spotify.
Although the firm views MT4 as a supplementary platform with a restricted number of trading products, it plans to update the trading platform to MetaTrader 5 in the long run. With such progressive strides in recent times, many traders are eager to see Dukascopy live up to this expectation.
About Dukascopy
Since its inception in Switzerland in 2004, Dukascopy has expanded tremendously to become a renowned brokerage and financial bank. Over the years, the company has earned prestigious accolades, including awards for Best Trading Platform, Best Provider of Liquidity, Best Forex Trading App, and Best Technical Analysis Platform.
The company has three principal subsidiaries in Japan, Europe, and Switzerland, with many offices all across the globe. It currently provides users with a wide range of services, such as trading on mobile and desktop devices through a specialized trading multilingual app with low Forex spreads, excellent usability, economic calendars, market news, and a variety of trading and offer orders.
