Dukascopy Review 2026
Established in 2004
•
Switzerland
• FINMA Regulated
Dukascopy is a well-established broker with a solid 4.4/5 rating. Regulated by FINMA (highest protection tier), this broker offers spreads from 0.3 pips on EUR/USD with a minimum deposit of $1000. Trade 600+ instruments including forex, CFDs, and more.
📊 Dukascopy Overview
Dukascopy (Dukascopy Bank SA) is a well-established broker founded in 2004 headquartered in Geneva, Switzerland. The broker operates under the supervision of FINMA , one of the world's most respected financial regulators known for strict oversight and investor protection .
With access to 600+ tradable instruments including 62 forex pairs , 12 cryptocurrencies , 500 stocks , and various indices, Dukascopy caters to diverse trading strategies.
| Legal Name | Dukascopy Bank SA |
|---|---|
| Founded | 2004 |
| Headquarters |
Geneva, Switzerland
|
| Primary Regulation | FINMA (Tier 1 - Highest Protection) |
| Instruments | 600+ assets |
| Min Deposit | $1000 |
| Max Leverage | 1:200 |
📖 Dukascopy — In-Depth Introduction
Dukascopy, a veteran broker founded in 2004, has built an impressive track record spanning 22 years of continuous operation. Dukascopy's FINMA authorization subjects the broker to rigorous compliance requirements, regular audits, and strict capital adequacy rules—providing peace of mind for safety-conscious traders. Dukascopy positions itself as a premium choice for cost-conscious traders, with EUR/USD spreads averaging just 0.3 pips—significantly below the industry average of 1.0 pip.
Company Background
Dukascopy (legally Dukascopy Bank SA) has been operating in the financial services industry for 22 years. Headquartered in Geneva, Switzerland, the company has weathered multiple market cycles including the 2008 financial crisis and the 2020 pandemic volatility, demonstrating operational resilience.
The broker provides access to 600+ tradable instruments.
💸 Dukascopy Fees — Complete Cost Analysis
Trading costs at Dukascopy are exceptionally competitive, placing this broker among the most cost-effective options available. With EUR/USD spreads averaging 0.3 pips, active traders can significantly reduce their transaction costs compared to the industry average. Dukascopy's ECN accounts feature $3.5 commission per lot, combined with raw spreads. Total trading costs often work out lower than spread-only accounts for high-volume traders. Consider this cost analysis: with 0.3 pip spreads, each standard lot trade on EUR/USD costs $3 in spread. An average retail trader making 50 trades monthly would spend approximately $150 on spreads.
Trading Costs Breakdown
💡 Cost Calculator: Dukascopy
Non-Trading Fees
| Fee Type | Dukascopy | Industry Average |
|---|---|---|
| Deposit Fee | Free | Free - $25 |
| Withdrawal Fee | Varies by method | $0 - $50 |
| Inactivity Fee | None | $10-50/month |
Want to compare fees with other brokers?
⚖️ Compare🛡️ Is Dukascopy Safe? — Complete Security Analysis
Safety and fund security are paramount when choosing a broker, and Dukascopy excels in this area with a Trust Score of 98/100. This rating reflects strong regulatory compliance, robust fund protection measures, and a clean operational history. Dukascopy implements institutional-grade fund security: segregated accounts, regular third-party audits, and in some jurisdictions, investor compensation scheme coverage up to €20,000.
Regulatory Framework
Dukascopy is regulated by FINMA.
Security Features Checklist
Understanding the Trust Score
Our 98/100 Trust Score is calculated using 15+ safety factors including regulation, company history, financial transparency, and client fund protection.
📋 Methodology👤 Who Should Use Dukascopy?
✅ Best For
- Scalpers and high-frequency traders should consider Dukascopy for its 0.3 pip spreads and rapid execution. Every fraction of a pip saved adds up when executing dozens of trades daily.
- Dukascopy's copy trading functionality makes it ideal for passive investors who want market exposure without active management. Follow successful traders and replicate their strategies automatically.
- Professional traders will appreciate Dukascopy's institutional-grade features: tight spreads, advanced platforms, API access, and high leverage options (where permitted).
❌ May Not Suit
- Those seeking the absolute lowest trading costs.
Looking for alternatives?
📝 The Bottom Line on Dukascopy
Dukascopy is a solid choice for most traders looking for reliability with a 4.4/5 rating.
📈 Dukascopy Detailed Scores
Our expert team evaluates brokers across 8 key categories. Here's how Dukascopy performed in our rigorous testing:
Dukascopy offers a solid trading experience with competitive conditions.
💰 Dukascopy Fees & Spreads
Understanding trading costs is crucial for profitability. Dukascopy uses a ECN spread model with commissions of $3.5 per lot round turn. The average EUR/USD spread is 0.3 pips — one of the lowest in the industry.
📊 Typical Spreads
| Pair | Min | Average |
|---|---|---|
| EUR/USD | 0.1 | 0.3 pips |
| GBP/USD | 0.8 | 1.2 pips |
| USD/JPY | 0.6 | 1.0 pips |
| XAU/USD | 15 | 25 cents |
💳 Other Fees
| Commission (ECN) | $3.5/lot |
| Deposit Fee | Free |
| Withdrawal Fee | Free (method dependent) |
| Inactivity Fee | None |
| Swap-Free (Islamic) | Not available |
💡 Trading Cost Example
Trading 1 standard lot (100,000 units) of EUR/USD with Dukascopy:
- Spread Cost: 0.3 pips × $10/pip = $3.0
- Commission: $3.5 round turn
- Total Cost: $6.5 per lot
🛡️ Dukascopy Regulation & Safety
Dukascopy is regulated by FINMA, a Tier 1 - Highest Protection regulatory authority. This means the broker must adhere to the strictest financial regulations, including capital requirements, regular audits, and mandatory investor protection schemes.
📜 Regulatory Licenses
- FINMA
- FSA Japan
- FCMC Latvia
🔒 Safety Features
- ✓ Segregated Client Funds
- ✓ Negative Balance Protection
- ✗ Investor Compensation
- — Publicly Traded
🎯 Trust Score: 98/100
High Trust: Dukascopy has demonstrated excellent regulatory compliance and safety standards.
🖥️ Dukascopy Trading Platforms
Dukascopy offers 3 trading platforms, giving traders flexibility in how they access the markets. Mobile apps are also available for iOS and Android.
MetaTrader 4
The world's most popular forex platform. Ideal for beginners and algo traders with Expert Advisor support.
- ✓ Expert Advisors (EAs)
- ✓ Custom Indicators
- ✓ One-Click Trading
- ✓ Mobile & Desktop
JForex
Dukascopy's custom-built trading platform designed specifically for their clients.
- ✓ Custom Features
- ✓ Integrated Tools
- ✓ Web-Based
- ✓ Mobile App
📋 Platform Comparison
| Feature | MT4 | MT5 | cTrader | JForex |
|---|---|---|---|---|
| Available | ✓ | ✗ | ✗ | ✓ |
| Copy Trading | ✓ | ✓ | ✓ | ✓ |
| Algo Trading | ✓ | ✗ | ✗ | ✗ |
| VPS Available | Not offered | |||
| API Access | Not available | |||
🌐 Dukascopy Tradable Instruments
Dukascopy offers access to 600+ tradable instruments across multiple asset classes. This includes 62 forex pairs , 12 cryptocurrencies , and 500 global stocks.
👤 Dukascopy Account Types
Dukascopy offers various account types to suit different trading needs and experience levels. Demo accounts are available for practice.
Practice with virtual funds
Not available
Not available
Not available
Replicate successful traders
💳 Dukascopy Deposits & Withdrawals
Dukascopy requires a minimum deposit of $1000 .
📥 Deposit Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets (Skrill, Neteller)
📤 Withdrawal Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets
⚖️ Dukascopy Pros & Cons
✅ Pros
- Ultra-low spreads from 0.3 pips on EUR/USD
- Top-tier FINMA regulation ensures high safety standards
- Free demo account available for practice
- Negative balance protection for retail traders
- Copy trading available for passive investing
❌ Cons
- Minimum deposit of $1000 may be high for beginners
- Limited educational resources for advanced traders
📚 Dukascopy Education & Research
Dukascopy's educational offerings are limited compared to some competitors.
Limited
Not available
Basic coverage
Available on trading platforms
🎧 Dukascopy Customer Support
Dukascopy offers customer support to assist traders with their queries.
⭐ Dukascopy User Reviews
📝 User reviews will be displayed here. Share your experience with Dukascopy!
Write a Review🏆 Dukascopy — Our Verdict
Dukascopy is a solid choice for most traders. With FINMA regulation, 0.3 pips EUR/USD spreads, and a $1000 minimum deposit, this broker is a good choice for safety-conscious traders .
Best for: Scalpers and high-frequency traders , Safety-focused traders , Passive investors
⚠️ Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
❓ Dukascopy — Frequently Asked Questions
Is Dukascopy a safe and regulated broker?
Yes, Dukascopy is regulated by FINMA, which is a Tier 1 - Highest Protection regulatory authority. The broker also holds licenses from 2 additional regulators. Client funds are kept in segregated accounts with negative balance protection.
What is the minimum deposit at Dukascopy?
The minimum deposit at Dukascopy is $1000. This is a moderate minimum deposit requirement.
What trading platforms does Dukascopy offer?
Dukascopy offers the following trading platforms:
- MetaTrader 4 (MT4) — The most popular forex trading platform
- JForex — Custom-built trading solution
- Web Platform — Trade directly from your browser
- Mobile Apps — Available for iOS and Android
What are Dukascopy's spreads on EUR/USD?
Dukascopy offers EUR/USD spreads from 0.1 pips with an average of 0.3 pips. The broker uses ECN spreads. On ECN accounts, there's a commission of $3.5 per lot round turn.
How long do withdrawals take at Dukascopy?
Withdrawal processing times at Dukascopy depend on the payment method:
- E-wallets: 0-24 hours
- Credit/Debit Cards: 2-5 business days
- Bank Transfers: 3-7 business days
Does Dukascopy offer a demo account?
Yes, Dukascopy offers free demo accounts with virtual funds so you can practice trading without risking real money. This is an excellent way to test the platform and develop your trading strategy.
What is Dukascopy's maximum leverage?
Dukascopy offers maximum leverage of 1:200. However, note that leverage limits vary by region due to regulatory requirements:
- EU/UK/Australia: Up to 1:30 for major forex pairs (retail)
- Professional traders: Higher leverage may be available upon qualification
- Other jurisdictions: Leverage up to 1:200 may be available
Higher leverage increases both potential profits and potential losses.
Can I use Dukascopy in ?
Dukascopy accepts traders from . The broker operates under FINMA regulation. Always verify current availability and applicable regulations on the broker's website.
Does Dukascopy offer Islamic (swap-free) accounts?
Dukascopy does not currently advertise Islamic accounts. If you require swap-free trading, we recommend contacting them directly or considering an alternative broker.
What instruments can I trade with Dukascopy?
Dukascopy offers access to 600+ tradable instruments:
- 62 Forex currency pairs
- 12 Cryptocurrencies
- 500 Stock CFDs
- 11 Index CFDs
- 15 Commodities
