Dukascopy’s JForex platform becoming more popular for smaller no-dealing-desk brokers.
It seems as though Dukascopy is fast becoming a Forex ECN unto itself. After recently announcing white label deals for its JForex platform in Australia (Forex FS) and Turkey (Integral Menkul Değerler), now comes word that Dukascopy has signed a similar deal with Japan’s AFT FX, a mid-size Japanese retail FX broker.
AFT becomes the second white label partner for Dukascopy in Japan — we recently reported that AvaTrade had signed a similar deal to white label the JForex platform in Japan. We exclusively reported then that the AvaTrade deal was signed after Dukascopy’s existing white label partner in Japan was shut down. AvaTrade (a member of LeapRate‘s Approved List of global regulated FX brokers) already had a strong presence in the Japanese market, following its 2010 acquisition of Art Co of Japan. (For a complete list of M&A and financing transactions in the FX sector globally see the LeapRate-Dow Jones Forex Industry Report).