Dukascopy forex broker review and detailed information

Dukascopy forex broker review and detailed information

How does Dukascopy compare with its competitors? Check out also our comprehensive and fully interactive comparison of forex brokers. If you do not know what the terms in the following tables mean, read the tutorial about forex brokers first.

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Basic information

WebsiteVisit Dukascopy
TypeECN
Regulated byARIF, FFA
CountrySwitzerland
Established in1998
Live chatyes

Trading terms

Commission (pips)0.18
Fixed spreadno
Variable spreadyes
Spread on majors (pips)0.5-2.0
Leverage100:1
Minimum deposit (USD)5000
Minimum trade size (USD)1000

Available features

Number of currency pairs19
Precious metalsno
Oilno
Hedgingyes
Trailing stopyes
Free automated tradingyes
MetaTrader 4no
Mobile tradingno

Forex account

Demo accountyes
Interest on unused balanceyes
Islamic swap-free accountsno
Segregated accountsyes
Accepts U.S. citizensyes
Payment by Bank wireyes
Payment by Credit cardno
Payment by PayPalno
Payment by checkno
Other payment options
Account in USDyes
Account in Eurono
Account in GBPno
Account in CHFno
Account in JPYno
Account in AUDno
Account in CADno
Account in NZDno
Account in CZKno
Account in DKKno
Account in HKDno
Account in ILSno
Account in NOKno
Account in PLNno
Account in RMBno
Account in RURno
Account in SEKno
Account in SGDno
Account in ZARno

Languages

Arabicyes
Chineseyes
Czechno
Dutchno
Englishyes
Frenchyes
Germanyes
Greekno
Hebrewno
Indonesianno
Italianno
Japaneseyes
Koreanno
Malaysianno
Polishno
Portugueseno
Russianyes
Spanishyes
Turkishno

Dukascopy account registration


Dukascopy customer reviews

Are you a satisfied customer? Or you want to share a scary story? Tell the world about your real-life experience with this forex broker! While writing your review, please also specify for how long time you have been trading with them and what trading style you use (for example news trading, grid trading, scalping, etc.). Readers with a similar trading strategy will pay more attention to your comment. Only genuine broker reviews will be published; posts promoting a website and generic comments will be removed.



Chris
2009-01-08
Overall I am enormously happy with Dukascopy. Their account opening process is time-consuming because of some Swiss regulations. But once you get through, you will get astonishingly tight spreads, very fast execution, and outstanding customer support. Dukascopy has the best bid/ask spreads that I have seen. It is also relatively easy to get a segregated account, which protects me against the broker’s bankruptcy. Check out also their jFOREX package for algorithmic trading. It is excellent.


Daniel
2009-03-11
Jforex platform is the best. I thought that MT4 is best, but now I changed my mind.


Ronald
2009-08-22
I’ve been trading at them for half year. And since then I had no big problems, all other was fastly resolved by Dukascopy support. Yes, the technology they use is quite difficult, but after few days you can enjoy the data that is available.

The other thing I enjoyed very much - they have many IB which started a war who will give highest rebates. I started with forextradingchoice.com and now my profit rate is much higher.


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