Dukascopy Review
Key Facts
Regulation
FINMA · FCMC · JFSA
Broker Type
STP, ECN
Min. Deposit
$100
Platforms
Mobile App, Web Platform, Desktop Platform, MetaTrader 4, MetaTrader 5
Fees
Low
Max Leverage
1:200
Demo Account
Yes
Inactivity Fee
-
Our Ratings
4.1
out of 5
Safety & Regulation4.5
Fees & Costs4.0
Platforms & Execution4.5
Education3.9
75% of retail FX and CFD accounts lose money.
Dukascopy - At a Glance
Company & Overview
- Headquarters
- ICC, Route de Pré-Bois 20, CH-1215 Geneva 15, Switzerland.
- International Offices
- Switzerland, Latvia, Hong Kong, Japan
- Broker Type
- STP, ECN
- Regulation
- FINMA (Switzerland), FCMC (Latvia), JFSA (Japan)
- Segregated Client Funds
- Yes
- Negative Balance Protection
- Yes
- Languages
- English, French, Spanish, German, Portuguese, Japanese, Italian, Russian, Mandarin, Chinese, Polish, Arabic, Hungarian, Malay, Farsi, Czech, Slovak, Slovene, Serbian, Croatian, Latvian, Romanian
- Customer Support
- Live Chat, Email, Phone
Account Types
- Demo Account
- Yes
- Swap Free Account
- Yes
- Joint Account
- Yes
- Managed Account
- Yes
- PAMM / MAM Trading
- Yes
- Social / Copy Trading
- No
Account Conditions
- Minimum Deposit
- $100
- Payment Methods
- Bank Transfer, Debit Cards, Credit Cards, Cryptocurrency, Skrill, Neteller
- Account Currencies
- USD, CHF, EUR, GBP, BTC, USDT, ETH, AUD, CAD, CNH, CZK, DKK, HKD, NZD, HUF, ILS, JPY, MXN, NOK, PLN, RON, SEK, TRY, AED, SAR, XAU, SGD, ZAR
- Maximum Leverage
- 1:200
- Bonuses
- Yes
- Contests
- Yes
Trading Conditions
- Markets & Products
- Forex, CFDs, Cryptocurrency, Binary Options
- Minimum Lot Size
- 0.01
- Maximum Lot Size
- 250
- Decimal Pricing
- 5 decimals
- Hedging
- Yes
- Scalping
- Yes
Fees & Costs
- Spread Type
- Variable
- Spread From
- 0.8 pips
- Commission
- Volume-based ECN commission model. From $5 to $35 per $1 million traded.
Platforms & Tools
- Trading Platforms
- Mobile App, Web Platform, Desktop Platform, MetaTrader 4, MetaTrader 5
- API Access
- Yes
- VPS Hosting
- No
Pros & Cons
Pros
- Strong regulatory oversight.
- Established since 2004 with a strong and proven track record.
- Extensive product offering.
- Wide range of global market access.
- Fast and easy digital account opening process.
- Free demo account available for practice trading.
- Multiple fast and secure payment methods.
- Multiple account currency options.
- Segregated client funds.
- Negative balance protection.
- Islamic swap-free accounts available.
- Low forex trading fees.
- Advanced and user-friendly proprietary platform, available in mobile, web, and desktop versions.
- Supports MetaTrader 4 and 5 integration.
- No restrictions on trading strategies.
- Adequate support for algorithmic trading.
- Integrated PAMM trading features.
- Solid research tools & market analysis.
- Great customer support service.
Cons
- Educational content is limited.
- High withfdrawal fee.
- Commissions can be relatively high for small account holders.
- An inactivity fee after 180 days of account inactivity.
- No TradingView integration.
