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Dukascopy

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6.0
(110 Reviews)

Founded: 1998 Min Deposit: 1000 USD

Headquarters: Switzerland Max Lev: 1 : 200

Score
Business Scope
8.5
Trading Cost
6.1
Trading Platforms
6.2
Support
6.1
Licence Status

Strict regulation

FINMA
Japan FSA
FKTK 40003344762
Authorised
Authorised
Authorised
Contact
+41 227994844
support@dukascopy.com
Good Reputation
Multilingual Support
Fast Order Execution
Bank License
Strict Regulation
100+ Trading Instruments
Multiple Trading Instruments
Low Swap Rate
Ethan Marchetti
2023-01-11
I recently started practicing CFD trading on my practice account on Duka and admittedly its going very well. I find the staff to be quite helpful too, even though Im a novice knowing little about CFDs .
Jafar Calley
2023-01-17
It is been great pleasure for me working with Duka. it is an regulated broker. The funds are highly secured. It allow all kind of trading strategy like hedging, scalping, news trading etc. Tight variable spreads, high leverage, fast exaction systems. As far as I know, they also provide negative balance protection and swap free account. I have accounts on its JForex platfrom. It is as friendly used as MT platforms. Pleasant trading experience!
Ahmed Aziz
2022-11-29
Terrible service. Haven't got any responses for more than a week, even though I've sent an email to their official mailing address.
Janin
2023-02-23
I have traded on Dukascopy for almost 3 years. No questions so far. I think Dukascopy is the best broker in terms of fees. It is clear and transparent.It is an honest broker. Plus, they always respond and resolve issues quickly and politely.

Deposit and Withdrawal

6.0

Average

Many payment methods but with high transfer fee

Features

High Withdrawal Fee

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Company and Service

8.4

Very Good

Reputational but with high demand for retail traders

Features

Good Reputation
Long-established
Multilingual Support
Profile
Headquarters Address
Route de Pré-Bois 20 ICC, Entrance H 1215 Geneva 15 Switzerland
Founded 1998
Broker Type
ECN
Time Zone GMT+2
Credit Profile No information
Trading Platforms
MT4
Windows,  iOS,  Android
Contact
No Data
Others
Website Language
Arabic,  Chinese,  Czech,  English,  French,  German,  Italian,  Japanese,  Polish,  Portuguese,  Russian,  Slovak,  Spanish
Customer Service By
Email,  Live Chat,  CallBack,  Fax,  Facebook,  Twitter,  Youtube,  Weibo
Supported Language
Arabic,  Chinese,  Czech,  English,  French,  German,  Italian,  Japanese,  Polish,  Portuguese,  Russian,  Slovak,  Spanish

Overall Score

6.0
110 Reviews

Cost 6.1

Platforms 6.2

Deposit & Withdrawal 6.0

Customer Support 6.1

Indicates the average level of Brokers

Keywords for selection
Bad/Unprofessional Customer Support Non-Responsive Customer Support Complicated Registration Process Regulated & Licensed Responsive Customer Support Fast Execution Satisified Good/Professional Customer Support Stable Server Connection Low Swap Fee Worst/Cheated

110 Reviews

Jafar Calley
0-6 months Forex MT4 Account Haiti
It is been great pleasure for me working with Duka. it is an regulated broker. The funds are highly secured. It allow all kind of trading strategy like hedging, scalping, news trading etc. Tight variable spreads, high leverage, fast exaction systems. As far as I know, they also provide negative balance protection and swap free account. I have accounts on its JForex platfrom. It is as friendly used as MT platforms. Pleasant trading experience!
2023-01-17
2
Reply
Janin
1-3 years Forex MT4 Account Netherlands
I have traded on Dukascopy for almost 3 years. No questions so far. I think Dukascopy is the best broker in terms of fees. It is clear and transparent.It is an honest broker. Plus, they always respond and resolve issues quickly and politely.
2023-02-23
Reply
Ahmed Aziz
Not used yet Forex MT4 Account Latvia
Terrible service. Haven't got any responses for more than a week, even though I've sent an email to their official mailing address.
2022-11-29
Reply
Cowboy
7-12 months Luxembourg
Their net capital is very suspect, I don't know of any other broker who represents it as shares of their trading platform. What does it mean for our protection? As it is, it doesn't function that well, freezing very often, execution that can take 30 seconds. Does that sound like a 20 million franc piece of equipment?
2024-01-30
1
Reply
George
1-3 years British Indian Ocean Territory
They manipulate prices and don't let u withdraw your money. If you like to get f***ucked, open an account with Duka
2024-01-25
1
Reply
Razmik Tokoyan
1-3 years Monaco
I have been following the situation with swiss brokers and I dont think Dukas will make it to the banking licence. I am more confident in the more established ones like MIG and ACM. Dukascopy will end up like Crown Forex seeing how they are not up to speed with the banking requirements such as required number of chairmenan and paid up capital.
2024-01-15
1
Reply
Andre Diamante
1-3 years South Africa
Have traded with them for over two years. Highly recommend them for serious traders managing large funds only. They do have some quirks with their software and charts, so best to use other charts and simply execute trades with them. When properly implemented, trades execute the fastest I have ever experienced and slippage is completely manageable. Just note that fast execution comes at a price of tight spreads but also commissions on every trade. Customer service is awesome!
19 hours ago
Reply
Denis
1-3 years Italy
Demo is slow.. but live is very good. Strange, they should work on their demo if they want more clients, because their live is really fast.
2024-05-11
Reply
farman ul haq
7-12 months Switzerland
I did not trust this company at beginning. After some research, I have found that they have Swiss Banking License. Interesting point. But how difficult is it to get it? anyway. If you prepare yourself for a banking license in these days, you should be strong. (min. 10-20 million capital, as acm told me) Reason why I have visited them and opened an account. No other comments for the moment.
2024-05-10
Reply
Daniel Richards
7-12 months Hongkong SAR
They are great and I recommend them to all!
2024-05-07
Reply

1-10 of 110 comments

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