FBRForex Broker Rating
E
Reviewed by Editorial Team · Last reviewed
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Dukascopy Review

Updated regularly · Independent ratings

Overall Rating
4.1 / 5
Fees
4.0 / 5
Safety
4.5 / 5
Platforms
4.5 / 5
Education
3.9 / 5
Min. deposit
$100

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.

Dukascopy — At a Glance

Full broker data from our database

Minimum deposit$100
Broker typeSTP, ECN
Spread typeVariable
Spreads from0.8 pips
CommissionVolume-based ECN commission model. From $5 to $35 per $1 million traded.
Maximum leverage1:200
Minimum lot size0.01
Maximum lot size250
Decimal pricing5 decimals
Trading platformsMobile App, Web Platform, Desktop Platform, MetaTrader 4, MetaTrader 5
API accessYes
VPSNo
Demo accountYes
Segregated accountYes
Swap-free accountYes
Managed accountYes
PAMM / MAM accountYes
Joint accountYes
Copy tradingNo
Social tradingNo
Account currenciesUSD, 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
One-click tradingYes
OCO ordersYes
Trailing stop lossYes
Hedging allowedYes
Scalping allowedYes
Interest on marginYes
BonusesYes
ContestsYes
RegulatorsFINMA (Switzerland), FCMC (Latvia), JFSA (Japan)
HeadquartersICC, Route de Pré-Bois 20, CH-1215 Geneva 15, Switzerland.
International officesSwitzerland, Latvia, Hong Kong, Japan
Assets offeredForex, CFDs, Cryptocurrency, Binary Options
Payment methodsBank Transfer, Debit Cards, Credit Cards, Cryptocurrency, Skrill, Neteller
LanguagesEnglish, French, Spanish, German, Portuguese, Japanese, Italian, Russian, Mandarin, Chinese, Polish, Arabic, Hungarian, Malay, Farsi, Czech, Slovak, Slovene, Serbian, Croatian, Latvian, Romanian
Customer supportLive Chat, Email, Phone
Contact emailinfo@dukascopy.com

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.
Visit Dukascopy →

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.