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.

Basic information about Dukascopy
| Website | Visit Dukascopy |
| Type | ECN |
| Regulated by | ARIF, FFA |
| Country | Switzerland |
| Established in | 1998 |
| Live chat | no |
Trading terms
| Commission (pips) | 0.05-0.48 |
| Fixed spread | no |
| Variable spread | yes |
| Spread on majors (pips) | 0.5-2.0 |
| Leverage | 100:1 |
| Minimum deposit (USD) | 1000 |
| Minimum trade size (USD) | 1000 |
| Accepts scalping | yes |
Available features
| Number of currency pairs | 19 |
| Precious metals (gold & silver) | yes |
| Oil | no |
| Stocks, Indices, and/or CFDs | no |
| Hedging | yes |
| Trailing stop | yes |
| Free automated trading | yes |
| MetaTrader 4 | no |
| Mobile trading | yes |
Forex account
| Demo account | yes |
| Interest on unused balance | yes |
| Islamic swap-free accounts | no |
| Segregated accounts | yes |
| Accepts U.S. citizens | yes |
| Payment by Bank wire | yes |
| Payment by Credit card | yes |
| Payment by PayPal | no |
| Payment by check | no |
| Other payment options | |
| Account in USD | yes |
| Account in Euro | no |
| Account in GBP | no |
| Account in CHF | no |
| Account in JPY | no |
| Account in AUD | no |
| Account in CAD | no |
| Account in NZD | no |
| Account in CZK | no |
| Account in DKK | no |
| Account in HKD | no |
| Account in ILS | no |
| Account in NOK | no |
| Account in PLN | no |
| Account in RMB | no |
| Account in RUR | no |
| Account in SEK | no |
| Account in SGD | no |
| Account in ZAR | no |
Languages
| Arabic | yes |
| Chinese | yes |
| Czech | no |
| Dutch | no |
| English | yes |
| French | yes |
| German | yes |
| Greek | no |
| Hebrew | no |
| Indonesian | no |
| Italian | no |
| Japanese | yes |
| Korean | no |
| Malaysian | no |
| Polish | no |
| Portuguese | no |
| Russian | yes |
| Spanish | yes |
| Turkish | no |
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.
Maria
2011-03-25
For a long time, Dukascopy was beyond the reach of retail forex traders because of their required minimum deposit of $50,000. But now, the minimum deposit is only $1,000.
Don't be mistaken: This forex broker is still primarily catering to big guys in forex who want to trade in millions of dollars in an absolutely secure one-click trading environment. But Dukascopy now offers the same quality of services to retail forex traders too.
Charting, technical analysis and streaming news are all first-class. Execution of trading orders is incredibly fast, with no slippage. Dukascopy is an ECN broker with lots of liquidity available.
Spreads are as low as you can get on the market. Normally, I see the spread on EUR/USD below 1 pip (slightly lower than at Oanda and much lower than at Saxo Bank). During news releases, the spread is usually 9-10 times lower at Dukascopy than at Oanda.
If you care about execution time, slippage, and spread, I strongly recommend Dukascopy.
Alex Findlay
2010-10-18
Dukascopy stands above all Brokers. I wish to clarify the many questions about whether they will impose the new CFTC rules. The new CFTC Rules. do not apply to banks. Dukascopy is a bank & should be ok until 6/2011. The one thing you should be aware of is that Dukascopy will change it's leverage requirements based upon time of day or day of week and market liquidity. Usually just on Friday a afternoon...
Alex Findlay
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.
Daniel
2009-03-11
Jforex platform is the best. I thought that MT4 is best, but now I changed my mind.
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.
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