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Interview with Frédéric Charles from Dukascopy Bank SA
Frédéric Charles from Dukascopy on Forex Trading
1. What is your name and position at Dukascopy?
Frédéric Charles , Vice president at Dukacopy Bank SA
2. What is your professional background?
Interbank trading, life insurance advisory, wealth management.
3. Who are your target audience?
Any client around the world. The Dukascopy Europe entity will be more in charge of the retail client while the bank will be in charge of more institutional clients.
4. Is your main focus of your business online or offline?
5. Why should a trader choose YOU over another provider? Stability, efficiency, same rights, liquidity, … please visit our main page for more detailed benefits
6. What advice do you have for someone who is just starting to trade the Forex market? Do not believe that you can be a millionaire overnight
7. How different is the Forex market today from what it was 2 years ago?
More people involved but more restrictions especially in the USA, probably soon in Europe.
8. What other services do you provide? Personal banking account (minimum deposit $100,000)
9. Who are your main competitors?
Other trading platform with more tradable assets
10. What do you think about Forex scam problem in the on-line Forex brokers market?
We have the rule of not interfering in the traders’ trading. We do not influence them or try to influence them. We want to be as neutral as possible so that anyone can have the equal chance to win.
11. Where do you see the market moving in two years from now?
More care about trading from new comers. More automated strategies. More State control. More taxes.