Dukascopy
Dukascopy Review 2025 – Is It a Safe Forex Broker?
Thinking of trading with Dukascopy? In this detailed review, we examine Dukascopy’s regulations, account types, spreads, fees, platforms, and more. By the end, you’ll know whether Dukascopy is a suitable broker for your trading needs in 2025.
| Feature | Details |
|---|---|
| Broker Name | Dukascopy |
| Founded | 2004 |
| Headquarters | Geneva, Switzerland |
| Regulations | FINMA (Switzerland), FCMC (Latvia), JFSA (Japan) |
| Minimum Deposit | $100 (via Dukascopy Europe) / $1,000 (via Swiss entity) |
| Account Types | ECN Account, MT4 Account, Islamic (Swap-Free), PAMM |
| Trading Platforms | JForex 4, MetaTrader 4, Web Trader, Mobile App |
| Instruments Offered | Forex, Indices, Commodities, Metals, Stocks CFDs, Cryptocurrencies, Bonds, ETFs |
| Leverage | Up to 1:200 (varies by region) |
Regulation & Safety
Dukascopy is considered one of the safest brokers globally due to strong regulatory oversight:
- Regulated by FINMA Switzerland – Fully licensed Swiss Bank
- Regulated by Financial and Capital Market Commission (FCMC) Latvia
- Regulated by Japan Financial Services Agency (JFSA)
- Strict Swiss banking security standards
- Segregated client funds
- Negative balance protection (depending on region)
Account Types Offered
| Account Type | Platform(s) | Spreads From | Commission | Minimum Deposit |
|---|---|---|---|---|
| ECN Account | JForex / MT4 | ≈ 0.1 – 0.4 pips | From $3.50 per lot per side | $100 (Europe) / $1,000 (Switzerland) |
| MT4 Account | MetaTrader 4 | ≈ 0.4 – 1.2 pips | Included in spread | $100 |
| Islamic (Swap-Free) | JForex / MT4 | Same as ECN or MT4 spreads | Admin fees instead of swaps | $100 |
Trading Platforms
- JForex 4 – advanced algorithmic trading, depth of market, low latency
- MetaTrader 4 – popular for EAs and forex trading
- Web Trader – fast, browser-based platform
- Mobile App – fully featured with indicators and live charts
- API Trading – FIX API and JForex API available
Instruments You Can Trade
- 60+ Forex pairs
- Indices & Commodities
- Gold, Silver, and other metals
- Stocks & ETFs on global markets
- Crypto CFDs (BTC, ETH, LTC, etc.)
- Bonds & Binary Options (region-dependent)
Spreads, Fees & Commission
- Spreads: ECN spreads as low as 0.1 pips; MT4 spreads around 0.4–1.2 pips
- Commissions: ECN accounts from $3.50 per lot per side
- Swap Fees: Charged on overnight trades (Islamic accounts pay admin fees)
- Deposit/Withdrawal Fees: Bank-grade fees due to Swiss banking structure
- Inactivity Fee: May apply after long-term inactivity
Security & Measures
- Swiss bank-grade security protocols
- Segregated client accounts
- Strong encryption and secure servers
- Negative balance protection (Europe)
- Full KYC and compliance standards
Deposit & Withdrawal Options
| Method | Processing Time | Fees / Notes |
|---|---|---|
| Credit / Debit Card | Instant to 1 hour | Moderate fees |
| Bank Transfer | 1–2 business days | Bank fees apply |
| E-wallets (Skrill, Neteller) | Instant to same day | Some fees apply |
| Cryptocurrencies | Minutes to hours | Blockchain network fees apply |
Customer Support
- 24/6 Live Chat
- Email & support desk
- Phone support in multiple languages
- Strong customer reputation, especially from Europe
Pros & Cons
Pros
- Swiss-regulated — extremely safe
- True ECN trading with low spreads
- Powerful JForex platform for algorithmic traders
- Supports MT4 and API trading
- Wide range of instruments including crypto & ETFs
Cons
- Higher fees compared to offshore brokers
- Swiss entity requires larger deposits
- Limited leverage for EU clients
- No cTrader platform
Is Dukascopy Right for You?
If you want a **highly secure, Swiss-regulated ECN broker** with excellent execution, Dukascopy is a top choice. Algorithmic traders, professionals, and high-volume traders benefit most from the JForex ECN environment.
If you decide to choose Dukascopy:
Open Live Account with Dukascopy
FAQs About Dukascopy
Is Dukascopy regulated?
Yes — regulated by FINMA (Switzerland), FCMC (Latvia), and JFSA (Japan).
What is the minimum deposit?
$100 via Dukascopy Europe; $1,000 for the Swiss banking entity.
Does Dukascopy offer Islamic accounts?
Yes, swap-free accounts are available.
How tight are the spreads?
ECN spreads start from 0.1 pips; MT4 spreads start around 0.4 pips.
How long do deposits/withdrawals take?
Cards and e-wallets are fast, while bank transfers take 1–2 days.
Disclaimers
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Make sure you fully understand the risks involved before trading.
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