Dukascopy Review

3.898 · 200 REVIEWS
Updated: Mar 17, 2021 · Dukascopy.com  · Is this your company?

Dukascopy is an online forex broker. Dukascopy offers the MetaTrader 4,SWFX mobile, and JForex online currency trading top platforms. Dukascopy.com offers over 40 currency pairs, CFDs, gold, silver, oil, bitcoin and other cryptocurrencies for your personal investment and trading options.


Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 200:1
Minimum to Open Live: $100
Established: 2004
Address: Route de Pré-Bois 20 ICC, Entrance H 1215 Geneva 15, Switzerland
Contact: +41 22 799 4888
Regional offices:
Regulators: FINMA #
Prohibited countries:
Trading platforms: MT4, jForex
Web Trading: Yes
Mobile Trading: Yes
ECN: Yes
Currencies: (40+)
Cryptocurrencies: (2) Bitcoin, Ethereum
CFD: (605+) Gold, Silver, Stock Indexes, Bonds, Oil, Other Commodities
EAs/Robots: Yes
News Spike Trading: Yes
Scalping: Yes
Deposit Methods: Bank Wire, VISA, Bank Gurantees, Maestro, Neteller, Other Crypto Currencies, Skrill
Withdrawal Methods: Bank Wire

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Dukascopy.com profile provided by Dukascopy Support, Jan 16, 2018

Dukascopy is an online forex broker based in Geneva, Switzerland. Dukascopy offers the MetaTrader 4, Jforex, Web, iOS and Android online currency trading top platforms. Dukascopy.com offers over 60 currency pairs, CFDs, binaries and precious metals for your personal investment and trading options. Dukascopy Bank is regulated by the Swiss Financial Market Supervisory Authority FINMA both as a bank and a securities dealer.


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3.898 · 200 REVIEWS
Forex Peace Army

Let other traders know if this service is worth checking or should be avoided.

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Traders Reviews

Israel, Israel,
Feb 26, 2021,
Registered user

Service use: Live

Length of use: 0-3 Months

I want to apologize about dukascopy with the wire transfer which tool almost 2 weeks

It's my poopy bank was so I sorry
But review about this broker
1. Spread is not low on dukas and far away to be good, I pay with my broker between 3 pips to 10 pips(include comission)for almost 20 pairs.
Basically I never trade if spread with is more then 10 pips....

My 2 cent
Never ever trade with brokers that charge more then 10 pips with comssion include pips on most pairs , they basically rob you legally .

Feb 12, 2021 - 1 Star Hi,

Stay away,

Name: vladimir egorov
Account number: 1293302.2201EUR
Country: israel

I did withdrawal on 2.2.21, wire transfer

The money still didnt get to my bank account
And it's already almost 10 days waiting for it

My manager send it to invasitage what happen but still no replay from her

Support email dosent give a poop and font answer after I send 2 emails

I very well known on reddit I go to make it viral over there, i dont know how much comments here fake

But almost 10 days and i still didnt get my money and support email dosent answer and my manager say they invasitage it

I am top trader thanks god i didnt fund there huge amount, i funded 400 eur to test the platform and withdrawal, and yep there is problem

I trade on cfhclearing wiretransfer in max 2 days in my bank and most of the time 24 hour...

I wait for response

Reply by Dukascopy Support submitted Feb 15, 2021 Dear Vladimir,

We have checked your withdrawal sent on 02.02.21 and can confirm that the funds left our bank the same day the request was made. From this point, we are unable to track the funds further. The only thing that can be done in such a case is to send an investigation request to the intermediary bank which can take several business days.

Regarding your requests to our support desk, they were both answered by our representatives the same day we received them. Your personal account manager took over the first one, our customer support representative replied the other one.

We understand it can feel frustrating when a wire transfer takes longer than expected. Normally they should take around 3-5 business days to reach the destination, however, delays may happen due to a number of reasons. Please let us assure you that we are doing everything in our power to locate your transfer and your account manager will get back to you once we know anything.

We remain at your service for any questions or doubts you may have.

Best Regards,

Dukascopy support team
Minas Gerais, Brazil,
Jan 30, 2021,
Registered user

Honest Broker

Service use: Live

Length of use: over 1 Year

Best Binary options broker , fast withdraws , without delays, good platform , they never played against me during my trades
Egypt, Egypt,
Dec 29, 2020,
Registered user

Excellent platform ... and an excellent broker

Service use: Live

Length of use: 3-6 Months

Personally ... I have tried all platforms for all brokers around the world and I have not found any better than the J Forex platform they offer ...It is a professional platform with all standards and includes all tools in addition to the possibility of generating good trading signals based on technical tools, not only indicators with a display of the quality of each opportunity... It is really the best platform I have ever dealt with ... Honestly, I haven't tried real trading with them for a long time to be able to judge the trading experience with them..But I have not heard any complaint about the credibility The company or their Pricing mechanism ... there is no doubt that they are the best and safest trading company ever!!
Tanta city, Egypt,
Dec 19, 2020,
Registered user

Reliable Instant execution great service

Service use: Live

Length of use: over 1 Year

I've been with for a long time excellent customer service and great execution of orders easy deposit and withdrawal ..
  1 trader has found this review helpful
San Vicente, Spain,
Nov 17, 2020,
Registered user

Good execution and data history

Service use: Live

Length of use: 6-12 Months

I've been trading with Dukascopy since 8 months ago. I am testing some of my automated strategies and Dukascopy offers all data I need in FX.
I strongly recommend it if you need to test for a long. Good execution and fast withdrawals!
  1 trader has found this review helpful
London, United Kingdom,
Nov 6, 2020,
Registered user

Excellent platform (Jforex) and a trust worthy organisation

Service use: Other

Length of use: over 1 Year

I have had both live and demo accounts with Dukascopy and I have found them to be a trustworthy organisation with excellent trading platforms.

Being trustworthy is a key attribute to look for when choosing a trading provider and the fact they also supply an excellent trading platform, Jforex, in addition to Metatrader 4, is the icing on the cake as far as I am concerned...

You can't go far wrong with Dukascopy.
Gaza, Palestinian Territory, Occupied,
Nov 5, 2020,
Registered user

trusted broker

Service use: Live

Length of use: over 1 Year

Hi everyone!
I'm glad to share my opinion about the Dukascopy.
I tried many broker companies but I never felt satisfied like I'm now with Dukascopy. I'm a client since 2018, what I see is that the company is the top for the following reasons:
1- regulated and trusted company.
2- honest, quick, and great dealing with customers.
3- distinguished, smooth and reliable trading platform with multi features, plus fast orders executions.
  1 trader has found this review helpful
Ulaanbaatar, Mongolia,
Nov 5, 2020,

Reliable broker

Service use: Live

Length of use: over 1 Year

I have been with Dukascopy, since 2006 and found it one of the reliable brokers, with no issues in deposit and withdrawal!

The platform is easy to use, support service is good and responsive.
  2 traders have found this review helpful
Regina, Canada,
Nov 4, 2020,

Totally awesome experience !!

Service use: Live

Length of use: 0-3 Months

I have used many platforms and I found Dukascopy JForex to be perfect for me right on my first day of use. I could tell within few hours that is was great but still tested for few days to write this review. I am happy to have an account with Dukascopy, my trading is going good, platform is awesome. Need not say more.
Puneet Beniwal
Warsaw, Poland,
Oct 30, 2020,
Registered user

Very high quality but they could do better on comissions

Service use: Live

Length of use: over 1 Year

I've been trading with them for 18 months and I'm happy with the overall quality.
Good things:
- I never felt (and I hope I never was) making business with a shady broker that will execute orders to my disadvantage
- very good liquidity on FX and major stock indices CFDs
- their trading platform JForex is great. Very customizable, works on Linux and I never experienced any bugs.
- I needed support from them just once and it was quick and good experience
- tight spreads on most instruments

Not so good things:
- quite high comissions on CFDs, I wish they bring them down to FX comissions level
  2 traders have found this review helpful

Frequently Asked Questions

Is dukascopy a good broker?

Unbiased traders reviews on ForexPeaceArmy is the best way to answer if Dukascopy is a good broker. https://www.forexpeacearmy.com/forex-reviews/52/dukascopy-forex-brokers.

Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.

Additionally, we'd recommend to check recent Dukascopy community discussions: https://www.forexpeacearmy.com/community/tags/dukascopy/.

What is dukascopy connect 911?

Dukascopy Connect 911 is a messenger with an integrated payment system from a Swiss bank. The messenger has the following features.

  • Privacy. Use the secret chat function and your messages will disappear without a trace after closing the dialogue.  
  • Full access to Swiss bank services. A possibility to open an account online from any part of the world. Instant money transfers, payments, online currency exchange, deposits, virtual and plastic cards. 
  • Referral reward program. Invite your friends and get rewarded for each user who opens an account with Dukascopy Bank. The friends you invited will also receive a reward.

How do I deposit or withdraw money from Dukascopy?

Steps on how to deposit or withdraw money from Dukascopy.

  • Login into your live trading platform.
  • Open the "My Account" report.
  • Desktop Platforms: Go to "Account" > "My Account"
  • Mobile Platforms: Go to "More" > "Account" > "Account settings"
  • Locate the Deposit and Withdrawal sections in the report.
  • Click on Deposit or withdraw on the method you would like to use.

Is dukascopy regulated?

Dukascopy Bank is regulated by the Swiss Financial Market Supervisory Authority FINMA both as a bank and a securities dealer.

Dukascopy Group mainly provides online and mobile trading services through the SWFX - Swiss FX Marketplace.

Is dukascopy a true ECN?

Dukascopy Bank executes orders of market participants on a Straight Through Processing basis.

Dukascopy Bank has no dealing desk and makes no requote.

Forex ECN accounts are available in Dukascopy Bank.