Dukascopy Bank, a leading global financial institution, has announced a significant expansion of its base currency offerings for trading accounts. The bank is now offering the United Arab Emirates Dirham (AED) and the Saudi Arabian Riyal (SAR) as additional base currency options, providing clients with greater flexibility and convenience in their trading activities.

Unlocking New Opportunities for Global Traders

Diversifying Currency Choices

Dukascopy's decision to add the AED and SAR to its base currency lineup is a strategic move aimed at catering to the diverse needs of its global client base. By offering these new currency options, the bank is empowering traders from the Middle East and surrounding regions to manage their accounts in their local currencies, streamlining the funding process and reducing the impact of currency exchange fluctuations.This expansion aligns with Dukascopy's commitment to providing its clients with a comprehensive suite of trading tools and resources. The addition of the AED and SAR to the existing 22 base currency options, including the US Dollar, Euro, and British Pound, further solidifies Dukascopy's position as a truly global financial institution, catering to the needs of traders from all corners of the world.

Seamless Funding and Account Management

Dukascopy has made the process of funding accounts in AED and SAR seamless and convenient. Clients can now transfer funds via wire transfer or use their credit or debit cards to deposit directly in these local currencies. This streamlined approach eliminates the need for currency conversions, reducing the associated fees and ensuring that traders can focus on their trading strategies without the added complexity of managing multiple currency accounts.Furthermore, existing Dukascopy clients can easily request new sub-accounts in AED and SAR through their trader cabinets, allowing them to manage their trading activities across multiple currency options with ease. This flexibility empowers traders to diversify their portfolios, mitigate currency risks, and capitalize on opportunities in different markets.

Expanding Global Reach and Accessibility

The addition of the AED and SAR as base currencies is a testament to Dukascopy's commitment to expanding its global footprint and catering to the needs of traders worldwide. By offering a diverse range of currency options, the bank is making its trading platforms more accessible to a broader audience, fostering greater participation and engagement from traders in the Middle East and surrounding regions.This strategic move also aligns with Dukascopy's vision of becoming a truly global financial institution, providing its clients with the tools and resources they need to navigate the complex and ever-evolving financial markets. As the world becomes increasingly interconnected, Dukascopy's ability to adapt and cater to the diverse needs of its clients will be a key driver of its continued success and growth.