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Screenshot of a breaking news alert e-mail from Q2 2017
Swiss FX marketplace Dukascopy Bank has made one step further toward enlarging its presence in Asia, with its JForex trading platform now offered in Armenia thanks to a white label partnership with Laboratory of Financial Technologies (FinLab).
The partnership enables the Armenian company to launch a new forex trading service under the designation of FinLabFX, which offers trading on five platform modifications:
– FL Advanced – a PC platform optimized for automatic and chart trading
– FL Standard – a PC platform for manual trading
– FL Web – a browser-based solution for extremely fast trading
– FL Visual – a visual programming tool, enabling the creation of automatic trading strategies via a simple drag-and-drop method
– FL iTrader – the version of JForex for iOS-based devices.
Collaborating with Dukascopy also allows FinLab to offer some quite lucrative trading conditions to its customers, including raw spreads starting from 0.1 pips. FL Advanced/FL Standard and FL Web provide traders with the opportunity to trade 52 currency pairs, along with precious metals. The maximum leverage is 1:300, while the minimum contract size is a micro lot (1,000 currency units).
Commenting on the collaboration with Dukascopy, FinLab’s chief executive Artak Nahapetyan noted: “The goal is to take foreign exchange trading to the next level in Armenia by providing safe and superior opportunities”.
This is the second such partnership for FinLab after the deal it sealed with Portuguese company DIF Broker in October 2012 , the collaboration resulted in the roll out of the DIF Freedom trading service.
Regarding Dukascopy, we can see that over the past couple of months it significantly boosted its list of white-label partners, with the focus on Asia being particularly interesting. The partnerships with Georgia’s HDForex and BMFN, with its large network of introducing brokers in China, serve to highlight this.