FBRForex Broker Rating
Adam Peters
Written by Adam Peters
Broker Analyst
Updated
Dukascopy logo

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

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.

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.

Dukascopy - At a Glance

Trading Conditions

Broker Type
STP, ECN
Minimum Deposit
$100
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
Hedging
Yes
Scalping
Yes
Assets Offered
Forex, CFDs, Cryptocurrency, Binary Options

Account Types

Demo Account
Yes
Swap Free Account
Yes
Managed Account
Yes
PAMM / MAM Trading
Yes
Joint Account
Yes
Social / Copy Trading
No
Bonuses
Yes
Contests
Yes

Platforms & Tools

Trading Platforms
Mobile App, Web Platform, Desktop Platform, MetaTrader 4, MetaTrader 5
One Click Trading
Yes
OCO Orders
Yes
Trailing Stop Loss
Yes
API Access
Yes
VPS Hosting
No

Company

Regulation
FINMA (Switzerland), FCMC (Latvia), JFSA (Japan)
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Headquarters
ICC, Route de Pré-Bois 20, CH-1215 Geneva 15, Switzerland.
International Offices
Switzerland, Latvia, Hong Kong, Japan
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
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

75% of retail FX and CFD accounts lose money.