JForex Brokers: Dukascopy And NSFX

JForex Brokers: Dukascopy And NSFX

JForex Brokers
Online BrokerFX Spreads LowCommission ChargePlatformRegulated
0.1
FX Spreads Low
$3.50
Commission Charge
JForex 3
Trading Platforms
FCMC
Regulation
0.1
FX Spreads Low
$4.00
Commission Charge
MT4, JForex
Trading Platforms
MFSA
Regulation

JForex brokers: Dukascopy and NSFX

JForex is a trading platform which supports both manual and automated trading. JForex is the trading platform offered by Dukascopy and NSFX. Both are regulated in the EU, Dukascopy in Latvia and NSFX in Malta.

What features does JForex offer ?

JForex is a platform optimised for ECN trading. It allows both manual and automated trading and strategy building using the Java programming language.

Is JForex suited for beginners ?

While automated trading is an advanced trading approach, JForex can be used for discretionary or manual trading like any other platform. Thus there is no particular reason a beginner could not use it. It has the same basic elements as other platform, such as searchable lists of markets, the chart and technical indicators and other tools, though it has a relatively large number of indicators. However ECN trading may not be suitable for beginners.

How many technical indicators does JForex have ?

JForex has 180+. JForex 3 has more with over 200. Most platforms have considerably less than this (say around 50-90). However some platforms allow more indicators to be added.

Does JForex provide market depth ?

Yes, JForex provides full market depth.

Can JForex be used for news trading ?

Yes, though any platform can. However both Dukascopy and NSFX allow news trading and offer no dealing desk conditions.

What is the minimum deposit for Dukascopy and NSFX ?

The minimum deposit for Dukascopy EU to use JForex is $100. The minimum deposit for NSFX to use JForex is $3000 (NSFX has a lower minimum deposit to use MT4 ECN of $3000 and its MT4 Fixed Spread account of $300).

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