
Dukascopy Forex Review 2026
75% of retail FX and CFD accounts lose money.
Dukascopy - At a Glance
- Established
- 2004
- Headquarters
- ICC, Route de Pré-Bois 20, CH-1215 Geneva 15, Switzerland.
- International Offices
- Switzerland, Latvia, Hong Kong, Japan
- Publicly Traded
- No
- Broker Type
- STP, ECN
- Regulation
- FINMA (Switzerland), Bank of Latvia (Latvia), JFSA (Japan)
- Segregated Client Funds
- Yes
- Negative Balance Protection
- Varies
Not offered on the Swiss entity, and Dukascopy discloses that 0.21% of retail clients have had to pay in to clear a negative balance. Swiss regulation does not require it. EU clients through the Latvian entity are covered.
- Banking License
- 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
- Customer Support Hours
- 24/5
- Demo Account
- Yes
- Swap Free Account
- Yes
- Joint Account
- Yes
- Corporate Account
- Yes
- Managed Account
- Yes
- PAMM / MAM Trading
- Yes
- Social / Copy Trading
- No
- 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 (FINMA), 1:60 (weekends)
- Bonuses
- Yes
- Contests
- Yes
- Markets & Products
- Forex, CFDs, Cryptocurrency, Binary Options
- Currency Pairs
- 108 FX pairs
- Minimum Lot Size
- 0.01
- Maximum Lot Size
- 250
- Decimal Pricing
- 5 decimals
- Order Types
- Market, limit, stop, stop limit and market if touched orders, plus place bid and offer orders that can be filled inside the spread. Client-set equity stop loss level closes all positions at a chosen drawdown. Stop loss execution is guaranteed, though gaps can cause large slippage.
- Execution Type
- ECN, sole counterparty
- Margin Call Level
- 100% (100% use of leverage)
- Stop Out Level
- 50% (200% use of leverage)
- Hedging
- Yes
- Scalping
- Yes
- Spread Type
- Variable
- Spread From
- 0.8 pips
- Commission
- Volume-based ECN commission model. From $5 to $35 per $1 million traded.
- Overnight / Swap Fees
- Yes
- Deposit Fee
- Varies
Free by bank transfer or crypto. Cards cost 1.5% within Europe and 2.5% outside, and Apple Pay and Skrill 2.5%. Dukascopy can add another 0.5% on top.
- Withdrawal Fee
- Yes
Charged on everything. Bank transfers run from CHF 2.30 to USD 35 depending on route, cards cost EUR 1.50 plus 2.5%, and crypto costs USD 30.
- Currency Conversion Fee
- Yes
- Account Maintenance Fee
- Yes
- Inactivity Fee
- Yes
Up to CHF 100 every six months without a trade, so twice a year at most. Avoidable entirely, and refunded on request as credit against future fees. Nothing in your first six months.
- Custody Fee
- Yes
- Trading Platforms
- Mobile App, Web Platform, Desktop Platform, MetaTrader 4, MetaTrader 5
- Mobile App
- Yes
- API Access
- Yes
- VPS Hosting
- No
- Automated Trading
- Yes
How Dukascopy's costs compare
The marker is the median of every active broker we rate, computed from the same structured data as the reviews. Headline from-spreads are the broker's advertised best case; your account type and instrument change them.
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.
Show 11 more
- 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 withdrawal fee.
- Commissions can be relatively high for small account holders.
- An inactivity fee after 180 days of account inactivity.
- No TradingView integration.