Dukascopy brand name abused by clone website

Clone site dukascopi.com claims to offer Forex and CFD trading from Switzerland, utilizing indistinguishable location from Swiss online bank and forex broker Dukascopy. As a matter of fact, the clone site is worked by a seaward organization, enlisted on the St. Vincent and the Grenadines (SVG).

By utilizing the phony location, the clone clearly tries to mislead speculators into trusting that they are dealing with the respectable Geneva-based brokerage. Truth be told, behind the Dukascopi brand and site is Mercure Services Ltd., a firm headquartered in Kingstown, SVG. St. Vincent and the Grenadines is a well known seaward goal where organizations are not directed by any expert and are not required to withstand to any principles at all.

In correlation, the real Dukascopy is managed by the Swiss Financial Market Supervisory Authority (FINMA) both as a bank and a securities dealer. Swiss forex brokers are obliged to hold in any event CHF 20 million and to sign the Swiss Banks and Securities Dealers understanding, which ensures all customer stores of up to CHF 100,000.

The fraudster Dukascopi utilizes the Sirix web platform and requires an underlying speculation of $1,000. Most likely the individuals who have committed the error to store will never recover their money.

Forex and binary options tricks may utilize diverse plans, yet their motivation is dependably the equivalent: to take speculators' money. We encourage traders to keep an eye out for venture fakes and dependably do due constancy checks.

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