Dukascopy Japan has introduced commodity CFD trading following approval from Japan’s Ministry of Economy, Trade, and Industry (METI) and the Ministry of Agriculture, Forestry, and Fisheries (MAFF). The company can now offer commodity CFDs, such as oil, gas, and precious metals, to its clients.

New Offerings from Dukascopy Japan

With the newly granted commodity license, Dukascopy Japan can now offer commodity CFDs alongside its existing forex trading services. These instruments will reportedly be accessible through both LIVE and DEMO JForex accounts for the company’s Japanese clientele.

By leveraging its new commodity trading license, the company aims to position itself to attract a wider clientele and enable it to access commodities like oil, gas, and precious metals. This will reportedly enable clients to diversify their portfolios and explore new market opportunities.

Besides this, Dukascopy Japan plans to obtain the necessary license to offer CFDs on equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term in the near future. The company expects to take advantage of this opportunity to further solidify its presence in the Japanese financial market by broadening its trading products. Dukascopy Japan K.K. operates as a 100% subsidiary of Dukascopy Bank and has been a key player in the Japanese forex market since 2015.

Other Developments at Dukascopy

Recently, Dukascopy announced its financial results for the first half of the year, highlighting a substantial decline in consolidated income from trading activities. The numbers fell to CHF 5.14 million, a 46% drop from CHF 9.61 million posted last year. The broker's net profit also plunged 81% to CHF 80,815.

The firm's trading income also fell to CHF 4.88 million, compared to CHF 9.23 million in the corresponding period in 2023. This represents a 47% decline. The performance followed a 33% annual drop in trading income for the Swiss online broker last year.

Meanwhile, Dukascopy has announced a special offer for former FlowBank clients. Following FlowBank's recent bankruptcy Bankruptcy Bankruptcy or insolvency constitutes a legal term and refers to being unable to repay debts. A business and a person can declare bankruptcy. When a person or company claims bankruptcy, it is described as a voluntary bankruptcy, and when your debtors force you into bankruptcy, it is referred to as involuntary. A voluntary bankruptcy occurs when the debtor or borrower, the party that owes the money files with the courts. Involuntary bankruptcy happens when your credits file a petition with the co Bankruptcy or insolvency constitutes a legal term and refers to being unable to repay debts. A business and a person can declare bankruptcy. When a person or company claims bankruptcy, it is described as a voluntary bankruptcy, and when your debtors force you into bankruptcy, it is referred to as involuntary. A voluntary bankruptcy occurs when the debtor or borrower, the party that owes the money files with the courts. Involuntary bankruptcy happens when your credits file a petition with the co Read this Term, the company offered a 50% CashBack on volume commissions for the lifetime of the account.

Dukascopy Bank SA also expanded its CFD instruments to include Italian stocks and the Italy 40 Index. The service reportedly enables Dukascopy clients to access Italian market giants like Enel Spa, Ferrari NV, Assicurazioni Generali Spa, and Fiat Chrysler Auto NV.