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
| Website | Visit Dukascopy |
| Type | ECN |
| Regulated by | ARIF, FFA |
| Country | Switzerland |
| Established in | 1998 |
| Live chat | yes |
Trading terms
| Commission (pips) | 0.18 |
| Fixed spread | no |
| Variable spread | yes |
| Spread on majors (pips) | 0.5-2.0 |
| Leverage | 100:1 |
| Minimum deposit (USD) | 5000 |
| Minimum trade size (USD) | 1000 |
Available features
| Number of currency pairs | 19 |
| Precious metals | no |
| Oil | no |
| Hedging | yes |
| Trailing stop | yes |
| Free automated trading | yes |
| MetaTrader 4 | no |
| Mobile trading | no |
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 | no |
| 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.
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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