Dukascopy Review
Overall Rating
4.1 / 5
Fees
4.0 / 5
Safety
4.5 / 5
Platforms
4.5 / 5
Education
3.9 / 5
Min. deposit
$100
Dukascopy — At a Glance
- Regulation
- FINMA (Switzerland), FCMC (Latvia), JFSA (Japan)
- Broker Type
- STP, ECN
- 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
- Assets Offered
- Forex, CFDs, Cryptocurrency, Binary Options
- Trading Platforms
- Mobile App, Web Platform, Desktop Platform, MetaTrader 4, MetaTrader 5
- Demo Account
- Yes
- Maximum Leverage
- 1:200
- Spread Type
- Variable
- Spread From
- 0.8 pips
- Commission
- Volume-based ECN commission model. From $5 to $35 per $1 million traded.
- Decimal Pricing
- 5 decimals
- Minimum Lot Size
- 0.01
- Maximum Lot Size
- 250
- Swap Free Account
- Yes
- Managed Account
- Yes
- PAMM / MAM Trading
- Yes
- Joint Account
- Yes
- Social / Copy Trading
- No
- Hedging
- Yes
- Scalping
- Yes
- One Click Trading
- Yes
- OCO Orders
- Yes
- Trailing Stop Loss
- Yes
- API Access
- Yes
- VPS Hosting
- No
- Bonuses
- Yes
- Contests
- Yes
- Headquarters
- ICC, Route de Pré-Bois 20, CH-1215 Geneva 15, Switzerland.
- International Offices
- Switzerland, Latvia, Hong Kong, Japan
- 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
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.