Dukascopy Bank Adds AED & SAR as Base Currencies for Accounts

Dukascopy Bank has announced the addition of the United Arab Emirates Dirham (AED) and the Saudi Arabian Riyal (SAR) as base currencies for its trading accounts. The inclusion of these currencies applies to JForex, MT5, and Binary trading accounts, enhancing the versatility and convenience for clients who trade in or hold assets denominated in these currencies.

Also, the bank, which is famous for its competitive trading environment, allows funding in AED and SAR through wire transfers or via credit and debit cards issued in either of these currencies. This streamlined process facilitates easy account funding for clients based in or transacting with the United Arab Emirates and Saudi Arabia, both of which are key financial hubs in the Gulf region.

So, for existing clients who already hold accounts with Dukascopy, the process of opening new subaccounts in AED and SAR is simple and can be done through the trader cabinet interface. This enables clients to diversify their portfolios across multiple currencies without the need to open entirely new accounts.

Dukascopy Bank Adds AED and SAR as Base Currencies for Accounts

With the addition of AED and SAR, Dukascopy clients can now manage accounts in up to 24 different base currencies, offering one of the most diverse currency options in the industry. This expansion reflects the bank’s commitment to providing a global and flexible trading environment tailored to the needs of a growing and diverse client base.

The move is going to appeal to both individual and institutional investors who operate in the Middle Eastern markets or deal with assets tied to the UAE and Saudi Arabia, further strengthening Dukascopy Bank’s position as a premier international online brokerage and financial services provider.

By offering more diverse currency options and easier funding methods, the bank enhances its appeal to regional traders and investors. This move underscores Dukascopy’s commitment to providing a flexible and global trading environment, ensuring its competitiveness in the evolving international financial landscape.

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