Alpari (US), LLC (“Alpari”) has recently announced its partnership with Dukascopy Bank SA (“Dukascopy”). The two companies entered into an agreement given recent regulatory change and uncertainty in the U.S. pertaining to foreign exchange bank providers.
The agreement would Alpari to offer Dukascopy’s trading environment and technology to U.S. clients.
The JForex platform will operate in compliance with retail FX trading regulations for Futures Commission Merchants and Retail Foreign Exchange Dealers in the United States. Platform liquidity and access to 35+ currency pairs will be provided by Dukascopy and will be available to all traders. The Alpari JForex platform will also be available in a demo environment.
Daniel Skowronski, CEO of Alpari (US), comments, “We are pleased to enter into this partnership with Dukascopy and offer its client base an alternative to trading FX in the U.S. with a regulated broker. We will ensure that the account transition process is smooth and we are confident that customers will be pleased with their decision to hold an account with Alpari.” Alain Broyon, CEO of Dukascopy Bank adds, “This collaboration between two leading companies in the market assures us that our U.S. clients will be able to continue to access Dukascopy advanced FX trading technology. In addition, Dukascopy Bank continues to build up its position as a liquidity provider and as a worldwide technological leader.”
The technological environment of Dukascopy would be used by Alpari and Alpari would be offering FX trading services via a white label of Dukascopy’s proprietary trading platform, JForex.