Dukascopy Review 2024

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Nominated in
Founded	2000
Regulation	FINMA
Standard account	$5000
Leverage	1:300
Spread	0.5-1
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Written by Stephane Dubois

Reviewed by Sandro Pontedra

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Dukascopy General Information

Dukascopy Bank SA is a large Swiss investment company providing services on trading a wide selection of financila tools in the international financial markets, specializing in Spot Forex. Dukascopy was established in 2004, and its Europe headquarters are in Geneva, Switzerland. Besides EU the broker has representative offices in several large cities throughout the world.

Dukascopy broker provides direct access to the Swiss Foreign Exchange Marketplace which allows the usage of the largest pool of ECN spot forex liquidity for international banks, hedge funds, institutional investors and private traders. The company’s operations are regulated by such major financial regulators as FINMA and ARIF. Besides, the Bank is audited by KPMG, one of the world’s leading auditors. Dukascopy forex broker continuously develops its relations with bank and financial institutions to maintain the world’s biggest liquidity aggregator.

The trading account with the broker start from $5,000 with leverage 100:1 and pip spread on major currency pairs ranging from 0.5 to 1 pips. The available trading platform is mt4 MetaTrader 4, JForex, and Dukascopy Java Platform. The minimum deposit is 500 dollars. Free demo accounts are available for testing the company’s services. The broker offers its customers 24/7 interbank liquidity access and 24/6 phone trading desk. The clients’ accounts of Dukascopy Bank are guaranteed up to 100,000 Swiss francs. On the broker’s web site a trader can find charts and trader’s calculator, economic calendar and tick data, and lots of other data required for trading.

The broker combines access to the Swiss Foreign Exchange Marketplace with the advanced trading software and high quality financial services via its banking partnerships; Dukascopy – SWFX Swiss FX Marketplace goes on to set the international industry-standard for ECN currency trading. Besides trading currency pairs, the broker offers managed account and pamm services. To encourage its clients the broker organizes trader contest and bonus programs. A contest is an effective way to improve trading skills.

Dukascopy Trading Information 2024

Address	Route de Pre-Bois 20, ICC, Entrance H,1215 Geneva 15, Switzerland
Support Phone	41 22 799 4888
Trading software	Java, JForex, iPhone/iPad, MetaTrader4, Dukascopy Web Platform
Available Assets	Metals, Gold, Bitcoin
Currencies	Dukascopy Bank is based in Geneva, Switzerland and is the Head Office of Dukascopy Group. At Dukascopy Bank SA, you can trade spot Forex, Metals, Binary Options, CFDs on bonds, commodities, indexes, stocks, ETFs and cryptocurrencies through the same platforms. Dukascopy Bank has a regulated capital of about CHF 40'000'000 and provides ECN liquidity, instant execution and client's capital protection.
Stocks	Three grades of oil, gas, copper, 6 soft commodities, 19 stock index tracking CFDs, 3 bonds and most liquid stock CFDs from Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Japan, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Italy, Ireland, United Kingdom and USA are available for trading.
ETFs	Any company or its share price may be affected by Corporate action. Such events include: rights issue, stock splits, reverse stock splits, mergers, acquisitions, spin-offs and others. Since the stock CFD or ETF is closely connected to the price movement of the underlying asset, it will also be affected by the corporate action on the underlying asset. Dukascopy Bank will determine the appropriate measures in a commercially reasonable manner to account for the corporate action’s implication. This may include adjustment of positions and prices in order to preserve the economic equivalent of stock CFD or ETF, or to reflect the effect of the event on the relevant underlying asset. The economic effect on stock CFD or ETF holders will replicate the effects of the corporate action for both long and short positions of the underlying asset. Due to restrictions implemented by regulatory bodies, stock exchanges or liquidity, shorting of a particular stock CFD or ETF may be restricted. Clients are solely responsible for checking any available information on corporate actions that may affect their stock CFD or ETF positions. Dukascopy Bank has no obligation to proactively contact clients holding positions, that may be affected by corporate action. Please contact your Account Manager or our Support Desk if you need more information on how a particular corporate action may affect your stock CFD or ETF position. Dukascopy Bank reserves the right to make any correction or adjustment to any type of past corporate action as needed.
Cryptocurrencies	Dukascopy Bank SA provides leveraged CFD trading on price movements of cryptocurrencies, its derivatives or value estimations. Unlike traditional purchase of cryptocurrencies trading cryptocurrency CFDs (Crypto) allow speculative operations without having a digital wallet. There is no need to own cryptocurrency coins eliminating cyber security risks. Due to the leverage provided on trading accounts the client can hold cryptocurrency CFD positions larger than amount of traditional currency initially owned. Similar to other CFDs and FX instruments, cryptocurrency CFD can be short or long so the client can benefit from price movement in both directions up and down. Please be aware that opened CFD position is not owning of an underlying asset and price of cryptocurrency CFD varies significantly across different cryptocurrency exchanges. Although the price of the CFD usually reflects the price of the underlying asset, this is not necessary the case.
PAMM	Dukascopy Bank offers a unique opportunity to earn attractive returns by acting as a liquidity provider on its SWFX marketplace in a fully automated mode. All you need to do is open an account with at least a 1000 USD investment, and grant the management mandate to Dukascopy Bank. Starting from this moment, Dukascopy Bank handles the entire process and gives you real-time updates on the evolution of your invested funds via online reporting.
Account currencies	EUR, USD, GBP, JPY, CHF
Payment Methods	Wire Transfer, Bank Guarantees, Custodian Banks, Credit Card
Commissions	Depending on the Dukascopy Bank SA services used by the client, various commissions may apply. The volume commission is charged in the primary currency for each opening or closing trade. Volume commission rate is expressed in USD per 1 million USD traded. The volume commission is converted to the Client Account's Basic Currency.
Languages	English, French, German, Russian, Chinese, Japanese, Arabic
Spread Type	Variable
Broker Type	Broker
Minimum Lot Size	0.01
Digits After Dot	5
ECN Account	500
Mini Account	100
24/5 Trading
Demo account
Daily Analytics
Swaps
Hedging
Scalping
Minus Protection
Mobile Trading
Automated Trading
Cashback
Promotions
Contests

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