Dukascopy Bank SA has recently issued a public advisory notice to alert its clients and the general public about a fraudulent clone website that has been operating under the domain https://www.dukascopys.top. The bank has emphasized the importance of verifying the authenticity of websites when engaging in financial transactions online. This fraudulent website is not with Dukascopy Bank, Dukascopy Europe, Dukascopy Japan, or any other entities within the Dukascopy Group.

Clients and individuals have to exercise extreme caution when visiting or interacting with the unauthorized website https://www.dukascopys.top. Dukascopy Bank strongly advises against sharing any personal information or sensitive data on this platform. In response to this alarming discovery, Dukascopy Bank has taken prompt action to address the situation and protect its clients, as well as the integrity of its services. They are actively working to counter the unauthorized use of their name and reputation.

Dukascopy Bank Swiftly Responds to Fraudulent Clone Website

This incident serves as a reminder of the paramount importance of ensuring the authenticity of websites, particularly in the financial and banking sectors where the security of personal and financial information is at stake.

In the first half of 2023, Dukascopy experienced a notable decline in profits, with a reported CHF 889,000, marking a substantial drop from CHF 3.9 million during the same period in 2022, according to a report by Finance Magnates.

The decrease in profits can be attributed to a significant reduction in income from trading activities, which fell from CHF 14.4 million to CHF 9.6 million, reflecting a 33% decrease. Conversely, Dukascopy witnessed an impressive surge in revenue from interest operations, including loans, bonds, and money market funds. This revenue increased by a staggering 800%, soaring from CHF 76,000 to CHF 686 million.

While the company’s income from commission business and services experienced only a marginal 1% increase to CHF 562.4 million, its operating expenses saw a remarkable 74% decrease. IT dropped from CHF 4.8 million in H1 2022 to CHF 1.2 million in H1 2023. This substantial decline in profits comes on the heels of a successful 2022, where Dukascopy recorded an impressive profit increase of over 200%, reaching CHF 6.4 million.

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