Dukascopy exits Japan market


Swiss Forex marketplace Dukascopy informed its Japanese clientele it has decided to stop providing trading services to customers who live in Japan.

Since June 21, 2015, existing clients of Dukascopy Japan have been unable to place new orders and open new positions. Clients who currently have open positions are given two weeks – that is, until July 4, 2015, to close these.

The broker apologizes for the inconvenience caused and encourages clients of its Japanese business to contact the Customer Support team, in case they have any questions.

Commenting exclusively for LeapRate’s readers, Dukascopy management had an interesting spin on the company’s Japan exit, stating:

This step is connected to Dukascopy Bank’s strategy regarding cross-border services and international expansion plans.

To view the official announcement by Dukascopy on its exit from the Japanese market, click here.

dukas_inside

Screenshot from Dukascopy Japan’s website. (Translation is done via Google Translate).

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Dukascopy exits Japan market

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