Dukascopy Review 2025

Key Takeaways

• Dukascopy is regulated and licensed by the Swiss Financial Market Supervisory Authority (FINMA) under a banking permit, as well as by Japan’s Financial Services Agency (JFSA). Dukascopy is an online contract for differences (CFD) and FOREX trading broker.

• Dukascopy is considered low-risk. Although not publicly traded, the company does operate a bank and is authorized by two high-trust (tier-1) regulators.

• Our observations at Arincen suggest that Dukascopy’s services are more suited to traders with some trading experience than beginners.

• Dukascopy offers a total of 1,200 instruments to trade, spanning multiple markets that cover FOREX. stocks, CFDs, cryptocurrencies, and exchange-traded funds (ETF). It also offers cryptocurrency trading with CFDs on significant crypto assets and the actual underlying (non-CFD) across its own launched cryptocurrency, Dukascoin.

• Dukascopy customer reviews are mixed when it comes to available deposit and withdrawal options.

• Customer support is available 24/7, accessible via phone or callback request, as well as e-mail and live chat.

• Dukascopy scores fairly well relative to live spreads and trading fees.

• Dukascopy's JForex platform suite is very dynamic and vibrant, with rich features that include a wide-ranging selection of charting tools and automated trading capabilities.

• With regard to FOREX research, Dukascopy delivers an excellent experience for traders because of the diverse range of research tools included in its JForex platform for desktop, web, and mobile use.

• Generally, Dukascopy’s JForex Trader app is among the best in the industry because it includes integrated market signals and patterns alongside a pivot point tool.

Overall Summary

Dukascopy Bank was founded in 2004 in Switzerland by Swiss nationals Andre and Veronika Duka, who still own 99% of the company. ​ The company, which operates as a bank and broker, is headquartered in Geneva and operates as the head office of the Dukascopy Group. ​ It provides innovative online and mobile trading services, focusing on FOREX, metals, CFD, and binary options, along with other financial services through proprietary and third-party technological solutions.​

Dukascopy gives traders access to a wide variety of instruments in several markets, such as indices, currencies, shares and ETFs. Dukascopy offers a range of energy, metals, and agricultural products for commodity traders. Technology occupies a primary role at Dukascopy. In 2019, it became the first Swiss bank to offer its own cryptocurrency, Dukascoin.

The broker bids a wide variety of features and services designed for both beginner and professional traders. Dukascopy clients have access to the broker’s advanced, proprietary trading platform, JForex, as well as to MetaTrader on Web, iOS, and Android operating systems. The broker also provides an impressive range of research tools, such as its own Dukascopy TV, a wide variety of trading contests and bonuses, and – when requested – access to 200:1 leverage (if the client is in the right jurisdiction).

Is Dukascopy Safe?

Yes. Dukascopy is considered low-risk. Though not publicly traded, it does operate a bank and is authorized by two high-trust (tier-1) regulators, the Japanese FSA and the Swiss FINMA. Following standard requirements for Swiss banks and securities firms, client deposits are insured up to CHF100,000 by esisuisse. Dukascopy is a member of the Swiss Bankers Association and the International Swaps and Derivatives Association (ISDA).

How Dukascopy Protects You from Reckless Leverage and Margin Trading

Leverage and margin are two tools in the trader’s arsenal that, if misused, can lead to heavy losses for the trader. Many irresponsible brokers offer high leverage that can ruin uninformed traders.

How you are protected

Dukascopy ensures that traders handle the margin they are given responsibly. The initial margin is calculated at the beginning of the trade, and the amount of Free and Used Margin (on MetaTrader) is updated in real time.

You should also be aware that leverage and margin are agreed upon during account opening. You can find a handy margin calculator on the broker’s website. As with many of the best brokers, margin levels vary depending on the trader, the trading account, and the instruments being traded:

FOREX and CFDs - Up to 200:1 leverage.

• Gold CFDs - 50:1 leverage. ​

• Silver CFDs - 30:1 leverage. ​​

• For MT4 and MT5 trading accounts, the default leverage is 100:1. ​

This list is non-exhaustive, and some leverage is subject to special terms and conditions. We would encourage you to visit the broker’s website to see what applies to you.

Dukascopy also ensures the safety of its clients' funds through several measures:

Regulation and supervision: Dukascopy Bank is regulated by FINMA, ensuring compliance with Swiss financial regulations. ​We will discuss this further in the next section.

Deposit insurance: Client deposits are protected up to CHF 100,000 under the Swiss deposit insurance scheme (esisuisse). ​ For clients of Dukascopy Europe, deposits are protected up to EUR 20,000 under EU regulations. ​

Exclusive capital protection: Clients can set a "Stop-Loss" level to limit potential losses, and trading can be instantly deactivated if this level is reached. ​

Slippage control: Clients can preselect the maximum negative slippage for order execution, reducing the risk of unfavorable price movements. ​

These measures collectively help safeguard clients' funds and provide a secure trading environment. ​

Regulation and other security measures

Dukascopy Bank is regulated as both a bank and a securities firm. Its home base is in Geneva, where it concentrates its efforts. However, the broker is also regulated in Japan and Latvia. Here is the broker’s regulation information:

• Dukascopy Switzerland is regulated by FINMA in Switzerland.

• Dukascopy Europe IBS AS is regulated by the Financial and Capital Market Commission of Latvia (FCMC) in Latvia.

• Dukascopy Japan K.K.​ is regulated by the Financial Services Agency of Japan (JFSA) in Japan. ​

Unfortunately, scam activity is a reality in retail trading, so it’s always sound advice to work with a regulated broker. Dukascopy provides further protection to clients by offering:

Careful asset management: The bank manages its assets conservatively, with over 90% in cash and Swiss Confederation bonds, avoiding risky securities and real estate. ​

Confidentiality and security: Clients are advised to keep their login credentials confidential, and third parties cannot request personal access codes, ensuring the security of funds. ​

In totality, Dukascopy is a safe broker that provides a wide range of protections for its clients.

Top broker features

• Regulation and safety: Regulated by FINMA, with deposit insurance up to CHF 100,000, ensuring client funds' safety. ​

• Advanced trading platforms: Offers JForex and MT 4/5 platforms with advanced tools, automated trading, and a wide range of trading orders.

• Diverse trading instruments: Provides access to FOREX, CFDs on stocks, indices, commodities, metals, cryptocurrencies, and binary options. ​

• Transparent pricing: Single data feed for all clients, ensuring equal access to liquidity and transparent pricing. ​

• Leverage and margin: Offers leverage up to 200:1 for FOREX trading and 50:1 for Gold CFDs, with real-time margin level monitoring. ​

• Comprehensive risk management: Features like slippage control, stop-loss functionality, and margin cut policies to manage trading risks effectively.

• 24/7 Customer support: Provides round-the-clock support through various channels, including live chat, phone, and email. ​

For Whom Is Dukascopy Recommended?

Dukascopy is recommended for:

Experienced traders: Those looking for advanced trading tools, diverse instruments, and high leverage options.

Automated trading enthusiasts: Traders interested in using automated strategies and algorithmic trading through platforms like JForex and MetaTrader. ​

FOREX and CFD traders: Individuals looking to trade FOREX and CFDs on stocks, indices, commodities, metals, and cryptocurrencies.

Risk-conscious investors: Traders who value robust risk management tools, such as slippage control and stop-loss functionality. ​

International clients: Those who prefer a broker with a strong regulatory framework and deposit protection, especially under Swiss regulations.

Mobile traders: Investors who need access to mobile trading platforms for trading on the go. ​

Social and community traders: Traders who enjoy participating in trading contests and engaging with a community of fellow traders. ​

These features make Dukascopy suitable for a wide range of traders, from beginners to advanced professionals. ​

Offering of Investments

Dukascopy is recognized as a broker offering diverse financial instruments to accommodate various trading preferences. Here is an overview of the primary asset classes available through Dukascopy:

FOREX

Trade major, minor, and exotic currency pairs with competitive spreads and high leverage. Dukascopy offers FOREX trading access to over 60 currency pairs.

CFD Stocks

Access CFDs on the most liquid stocks from markets in Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Japan, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Italy, Ireland, United Kingdom, Mexico, and the USA.

Indices

The broker offers access to indices like the S&P500 and the Dow Jones Index. Remember that you will be trading on an index fund, which is a basket of stocks or bonds that follows a preset list. It can be a mutual fund or an ETF. Instead of trying to choose which stocks will do best, the index fund just copies the list.  So, it's a simple way to invest without actively picking stocks.

Commodities and metals

Invest in CFDs on three grades of oil, gas, copper, platinum, palladium, and six soft commodities. ​Also, trade precious metals like gold and silver.

Crypto CFDs

Trade leveraged CFDs on cryptocurrencies such as Bitcoin, Ether, Litecoin, Bitcoin Cash, Stellar, Dashcoin, EOS, Tron, Cardano, Uniswap, Chainlink, Polygon, Aave, Maker, Compound, Enjin, Yearn Finance, and Basic Attention Token. Dukascopy has further embraced blockchain technology with the launch of its own proprietary cryptocurrency, Dukascoin (DUK+).

Regular stocks

Dukascopy does not offer direct ownership of stocks but allows you to trade on CFD stocks without owning the actual stock.

Binary options trading

Dukascopy offers binary options trading, which is simple and straightforward to understand, making them accessible for traders of all experience levels. Unlike traditional options, binary options have predefined payouts and risks, working on an "all-or-nothing" basis. Dukascopy offers binary options trading on 18 FOREX currency pairs trading on the SWFX Marketplace. Selected pairs include: AUD/JPY, AUD/USD, CAD/JPY, EUR/AUD, EUR/USD.

Account Types

Dukascopy offers a range of accounts from which you may trade: 

JForex Accounts: Dukascopy offers currency and precious metal trading (together referred to as "FOREX") to retail and institutional clients. There is equal liquidity and quotes for all clients. All types of trading are allowed, including news trading and scalping. Accounts can be opened in several base currencies.

MT4 and MT5 Accounts: These accounts are specifically for trading on the MT4 and MT5 platforms. The trading conditions, list of instruments, and swaps are different from the standard FOREX account, which is opened for trading on the JForex platform.

Self-Trading Accounts: This account is designed for clients who prefer to trade independently and includes a variety of features and tools for effective risk management and order execution. All clients have access to the same liquidity at uniform prices through a single data feed, ensuring equal trading rights for everyone. There are no price manipulations, and trades are executed instantly. Additionally, hedging, scalping, and automated trading are permitted.

Binary Options Accounts: Trading made easy and straightforward. Predetermined payouts and risks. Trade with small amounts, starting with a low deposit of just USD 1. No commissions apply. Trade binary options on 18 FOREX currency pairs.​

Cryptocurrency Trading Accounts: Leverage CFD trading to capitalize on cryptocurrency price movements. There is no need for a digital wallet. You can trade in both rising and falling markets, allowing for efficient use of capital through leverage. This also provides opportunities for hedging. Client funds are protected up to CHF 100,000 at Dukascopy Bank and €20,000 at Dukascopy Europe.​

Each account type is designed to meet the specific needs of different traders, providing a range of features and tools to enhance the trading experience. ​

Account opening

Opening new accounts is through a four-step online application process. Account verification is mandatory to comply with regulator-mandated Anti-Money Laundering (AML)/Know Your Customer (KYC) requirements. Opening an account with Dukascopy is easy, as it is with most brokers these days. The process is entirely online, user-friendly, and can be completed on a phone, tablet, or computer.

What is the minimum deposit at Dukascopy?

As mentioned, The minimum deposit for accounts with both Dukascopy Bank SA and Dukascopy Europe is USD 100. ​

How to open your account

The Dukascopy review process is fully digital, easy, and fast. An account should be ready within one to two business days. To open an account at Dukascopy, follow these steps:

• Visit the Dukascopy website

• Choose account type

• Fill out the application form

• Submit identification documents

• Video identification

• Fund your account

• Start trading

If you need any assistance during the account opening process, you can contact Dukascopy's customer support.

Deposits and Withdrawals

Dukascopy Bank will only accept funds if they originate from an account or card belonging to the client. Still, the broker offers multiple ways to deposit and withdraw funds from your trading account. There are some intricacies you need to get to know.

Account base currencies

Dukascopy offers you a wide range of account base currencies, depending on where you live and where your account is based. Accounts can be opened in a wide range of currencies, including, but not limited to: USD, CHF, EUR, GBP, AUD, CAD, NZD, PLN, RON, CNH, TRY, XAU, AED, SAR, and ZAR.

In FOREX trading terminology, the “base” currency is always listed first in a FOREX pair, with the “quote” currency listed second. The base currency is always equal to one, while the quote currency represents the current price of the pair.

Dukascopy Deposit fees and options

Dukascopy offers several deposit options to fund your trading account. Here are the available methods and associated fees:

Wire Transfer: Funds can be transferred directly from your bank account to your Dukascopy trading account. Dukascopy does not charge a fee for incoming wire transfers, but your bank might.

Payment Cards: Credit and debit cards are accepted to fund your account. You can expect to pay a fee of 1.5% for EEA cards and 2.5% for non-EEA cards.

Skrill/Neteller: E-wallet services like Skrill and Neteller can be used for deposits. ​Skrill fees are 2.5%, while Neteller deposit fees are EUR1 or 2.5%.

Cryptocurrency: Deposits can be made using cryptocurrencies such as Ether and Tether. Dukascopy does not charge a fee for incoming crypto deposits.

For detailed information on specific fees and any additional charges, it is recommended to check Dukascopy's official website or contact their customer support. ​

Dukascopy withdrawal fees and options

Dukascopy offers multiple helpful withdrawal methods:

Wire Transfer: Wire transfer withdrawals cost USD 19.

Payment Cards: Credit and debit cards are accepted for withdrawals. You can expect to pay a fee of EUR 1.5 + 2.5% for this service.

Skrill/Neteller: E-wallet services like Skrill and Neteller can be used to make withdrawals. ​Skrill fees are 2.5%, while Neteller withdrawal fees are EUR1 or 2.5%.

Cryptocurrency: Deposits can be made using cryptocurrencies such as Ether and Tether. Dukascopy charges 0.5% for crypto withdrawals.

For detailed information on specific fees and any additional charges, we recommend that you check Dukascopy's official website or contact its customer support. ​

Customer Support

Dukascopy offers several multilingual customer support options to assist clients with their inquiries and issues. You can use a support chat, which allows you to engage in real-time communication with the support team via live chat on the Dukascopy website. ​Alternatively, you can send a message through its user-friendly contact form available on their website. ​Traders can also request a call-back, and the broker will contact you promptly to address your queries or concerns. ​

Clients can also call or send an email to Dukascopy for support and inquiries. You should be advised that your security and phone conversations may be recorded. ​Also, it is possible that your requests may be served by employees of Dukascopy Group located in or outside Switzerland, if that is from where you are calling. These multiple support options ensure that you can get assistance whenever needed.

Commissions and Fees

The broker works hard to provide good fee options set up differently for each account type. Dukascopy has a variety of fees associated with its trading services. ​Dukascopy offers competitive spreads and commissions, with additional fees for specific services like MetaTrader 4 trading, inactivity, and withdrawals. Clients should review the detailed fee structure on the Dukascopy website or contact customer support for the most accurate and up-to-date information. ​Here is a detailed breakdown of the different types of fees:

Spreads

Dukascopy offers competitive spreads starting from 0.22 pips for major currency pairs like EUR/USD. The spreads can vary depending on the time of day and the instrument. Notwithstanding, Dukascopy has an Average Spreads widget with which traders can view the highest and lowest spread amount on a given day for currencies and CFD instruments. Further, the broker does tier its spreads and commissions according to trading volume, so more active users benefit from higher discounts. The spread on commodities starts from 0.0 pips, while indices start from 2.05 pips. To read more about pips in trading, go here.

Commissions

Trading Commissions for Binary Options Trading:

Clients trading binary options with Dukascopy pay a premium according to the contract size. The bank automatically debits this premium from the client’s account before opening any binary options contract.

Volume Commission:

The volume commission for margin trading in CFD instruments is charged for each opening or closing trade. ​The rate is expressed in USD per 1 million USD traded and varies based on the client's net deposit, equity, or traded volume. ​Volume commission is calculated daily at every settlement time; the defined rate will be applied on the following trading day.

MT4/MT5 Commission:

MT4/MT5 trading accounts include $0.5 per 1 MT4/MT5 lot, equivalent to $5 per $1 million traded. CFD commissions begin from $35 per $1,000,000 in trading value for currencies and commodities. The CFD commission decreases as the equity increases. Shares come with a commission of USD10, while commodity commissions are $25 per million notional on Spot Metals.

Swap fees and Islamic accounts

The broker allows Islamic accounts, which can carry an extra charge of $5 and $7.5 per $1 million in trading value for currencies and precious metals, respectively. Swap fees are charged for positions held overnight. These fees can vary based on the instrument and the direction of the trade (long or short). The specific swap rates can be checked on the Dukascopy platform.

Stock CFD fees

The broker charges varied trading commissions for Single Stock CFDs and ETF CFDs. Here are just a few examples:

• Hong Kong: 0.15% of trade value, minimum HKD 30.00 ​​

• Japan: 0.18% of trade value, minimum JPY 1,000.00 ​​

• Switzerland: 0.10% of trade value, minimum CHF 8.00 ​

• UK (GBP denominated): 0.10% of trade value, minimum GBP 7.00 ​

• UK (USD denominated): 0.10% of trade value, minimum USD 8.00 ​

• US: $0.02 per share, minimum USD 10.00 ​

For a comprehensive list of CFD fees, consult the broker’s website.

Inactivity fee

Dukascopy charges an inactivity fee of a minimum of CHF 500, but not more than the account balance is charged if the account remains inactive for a specified period. The fee is charged twice a year at the maximum and can be avoided completely by maintaining trading activity or online currency exchange. ​

That’s why you should ensure you maintain some level of trading activity or online currency exchange to avoid these fees. For more detailed information, clients can refer to the Dukascopy website or contact customer support. ​

Withdrawal fee

The broker charges withdrawal fees. You can consult the deposit and withdrawal section of this article to know more, or you can consult the Dukascopy website for full detailed information.

Other commissions and fees

Dukascopy charges a maintenance fee, but not during the first 180 calendar days after opening an account. ​ After that, a maximum of CHF 100 per client is charged for each period of 180 consecutive calendar days without trade or online currency exchange. ​

Platforms and Tools

Dukascopy understands trading technology and provides traders with what is needed to succeed. The broker’s flagship platform is JForex, a desktop and Web-based platform that supports both Windows and Mac.

JForex competes well with MetaTrader because it supports algorithmic trading and custom indicators. Furthermore, users have access to cloud storage and Virtual Private Network (VPN) services to run their trading systems on a 24-hour basis. Dukascopy also provides an app store with hundreds of apps that traders can use with the JForex platform suite.

Key Trading Features

Dukascopy users can access a wide variety of trading features, such as a professional-grade Automated Trading API and Visual Strategy Builder (VSB) program, a tool that allows you to build MetaTrader Expert Advisors (EA) without writing any code. Clients are also offered a unique set of additional trading products and services to aid in their trading portfolios. These include:

1. Visual JForex Strategy Builder. This program is designed for traders to become “FOREX Programmers” in just 30 minutes. Users are able to learn to build an automated strategy with just a few mouse clicks in Dukascopy’s Visual Strategy Builder.

2. JForex App Store. Traders may access Dukascopy’s JForex App Store to find other traders and programmers. There, users can access a large library of strategies and indicators.

3. FIX API. Professional traders may access Dukascopy’s FIX API to receive real-time feeds from the Swiss FOREX marketplace for automated trading activities.

4. Transparent Pricing. Every client has access to the same liquidity at equal prices by way of a single-data feed.

5. Equal Trading Rights. All clients have equal possibilities to consume and provide liquidity within the trading environment.

6. Historical Data Feed. Dukascopy provides access to view the historical average, minimum and maximum spread for each of its asset classes. Users may select the dates themselves.

7. Access Multiple Order Types. Market order, market order with slippage restrictions, stop entry, conditional close, limit entry, stop-loss, MIT entry, take profit, place BID/OFFER, trailing stop, and One-Cancels-the-Other (OCO) orders.

Platforms types

Dukascopy offers the following trading platforms:

JForex Platform:

Available on Desktop, Web, and Mobile. ​Features include manual and automated chart trading, 250 indicators and chart studies, an economic events calendar, news, an automated trading historical tester, and various chart types like Renko, Range bars, Point Figures, and Line break charts. ​It supports plugin integration, a multi-language interface, and a wide range of trading orders. Allows hedging and scalping. ​

Some of the extra features of the JForex desktop platform include:

• 250 trading indicators and studies.

• Advanced charting on Renko, range bars, line break charts, and point and figure charts.

• Calendar of economic events and news.

• Automated trading on a user’s machine or strategy server.

• Multi-language interface and support.

MT4:

Well-known trading platform with features like market execution, hedging, expert advisors, trailing stop, and a maximum of 1,000 orders. Account currencies include USD, EUR, GBP, CHF, and PLN. ​Supports automated trading and various trading tools. ​

MT5:

Advanced version of MT4 have additional features and more supported account currencies, including USD, CHF, EUR, GBP, AUD, CAD, CZK, DKK, HKD, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RON, CNH, SEK, SGD, TRY, XAU, and ZAR. ​It has similar trading conditions to MT4, with added functionalities.

These platforms cater to different trading needs and preferences, providing a comprehensive trading experience. ​

Look and feel

The JForex platform has a clean, intuitive interface with customizable layouts. It offers a professional look with advanced charting tools and a wide range of technical indicators. ​Over 250 indicators and chart studies are available ​

Both MT4 and MT5 have a user-friendly interface with customizable charts and a variety of technical analysis tools. MT5 offers a more modern look with additional features when compared to MT4.

Login and security

Dukascopy follows industry-standard security procedures, including website encryption, to protect sensitive client data.

Search functions

The JForex platform is full of features and well-suited for advanced traders. While beginner traders may find the level of features daunting, video tutorials and quick-start manuals are available. The search function is intuitive and provides comprehensive findings.

Placing orders

Dukascopy’s JForex, as well as MT4 and MT5, support a wide range of trading orders, including Market, Limit, Stop, Take Profit, Stop Loss, Stop Limit, Trailing Stop, Place Bid/Offer, OCO, and IFD. Both platforms support automated trading through Expert Advisors.

The broker supports market execution with no dealing desk intervention. ​Regarding hedging and scalping, both strategies are allowed on these platforms.

Alerts and notifications

JForex and the MetaTrader tools provide alerts and notifications to keep traders informed about market movements and account activities. Alerts and notifications can be customized to suit individual trading preferences, helping traders stay on top of important market events and price changes.

Mobile Trading

The JForex Mobile and MetaTrader Mobile platforms are designed for ease of use with a simplified interface suitable for smaller screens.

Platforms

JForex Trader app:

Dukascopy’s JForex Trader app is among the best in the industry. The app includes integrated market signals and patterns, alongside a pivot-point tool.

JForex Trader has robust charting, with several customizable alerts and parameters that can easily be added from the same screen.

The app's additional strong points consist of level-two quotes and several related order types, including conditional and bid-offer orders available when placing a trade. Strategies may also be selected from a repository within the mobile app that includes strategies created by Dukascopy community members.

The JForex Trader mobile app has an impressive range of research tools, including several predefined screens and a clean, customizable view of market movers that are adaptable across four different time frames, ranging from hourly to monthly. There is also a pattern recognition tool for trading ideas, organized neatly next to the other research categories.

Mobile users may replicate some of the leading trading features offered through the desktop and Web-based platform, such as:

• Instant order execution.

• Economic calendars.

• A market order, market order with slippage restrictions, stop entry, conditional close, limit entry, MIT entry, stop-loss, take profit, trailing stop, and place BID/OFFER.

• Dukascopy TV.

• Live charts with technical analysis.

 The MT4 and MT5 apps:

As noted, Dukascopy also offers the well-known MT4 and MT5 trading platforms with a direct connection to the SWFX Marketplace. This allows traders already familiar with the platform to move over seamlessly for manual trading or through EAs that are popular with MetaTrader.

Look and feel

Both mobile versions offer a streamlined experience with essential features for trading on the go. Dukascopy’s JForex mobile platform is for instant market access with similar trading features as the JForex desktop platform and is well-suited for traders who prefer easy access to trade but fewer features.

All platforms are designed to provide a professional trading experience with intuitive navigation. ​A wide range of advanced charting tools, technical indicators, and order types cater to both novice and experienced traders. ​

Login and security

Secure login and authentication processes to protect user accounts. These features are in line with industry norms.

Search functions

The search function on the JForex app and the MT4 and MT5 apps is intuitive and provides comprehensive findings.

Placing orders

Dukascopy’s apps provide strong support for automated trading strategies through visual constructors and Expert Advisors. ​You can make use of basic order types like Market, Limit, and Stop orders. ​

Alerts and notifications

All the mobile apps in the Dukascopy stable provide real-time alerts and notifications to keep traders updated on market movements and order statuses.

Research and Development

Dukascopy offers a variety of research and development tools and features to help traders make informed decisions and enhance their trading strategies. Although the web-based platforms and JForex desktop offer access to market research, economic calendars, and news items, the Dukascopy website offers an even greater range of advanced trading tools.

Not only does Dukascopy offer trading ideas, market news, as well as technical and fundamental analysis, it also offers a grand variety of advanced trading tools, such as the SWFX Sentiment Index, Pivot Point Levels, COT Charts, Position Size Calculator, and more. Here are some other important features:

Risk Calculator:

Helps traders calculate the appropriate position size based on their risk tolerance and account balance. Regarding risk management, the tools help in setting stop-loss and take-profit levels to manage risk effectively. ​

FX Spider:

This powerful news aggregator collates financial news from various sources to keep traders informed about market developments. You can customize your news feeds based on your interests and trading preferences.

Visual JForex:

This is an industry-leading visual strategy builder that allows you to create automated trading strategies without programming knowledge. You can even backtest your strategies using historical data to evaluate their performance. ​​

Dukascopy TV

Dukascopy TV is a professional TV studio in Geneva that broadcasts news from in-house reporters who conduct interviews and market analysis. The content is not only relevant and insightful, it is also professionally produced and educational, making it beneficial for all clients, regardless of their skillset. The service offers daily market analysis, expert opinions, and trading insights through video content. Regarding educational content, it provides tutorials, webinars, and interviews with industry experts to help traders improve their skills and knowledge.

Economic calendar

This excellent economic calendar provides real-time updates on economic events and indicators that can impact the financial markets. ​It includes detailed information about each event, such as the time, country, and expected impact. Traders can filter events based on their preferences and focus on the most relevant data.

Dukascopy’s research and development tools and features are designed to provide traders with comprehensive market insights, advanced trading tools, and educational resources. These tools help traders make informed decisions, manage risk effectively, and enhance their trading strategies.

Education

Dukascopy provides a comprehensive range of educational tools and resources to help traders enhance their knowledge and skills. These include free financial information and resources available through its website, Dukascopy TV online television, and Freeserv products. ​

Additionally, Dukascopy fosters an active online community with over 130,000 members, where traders can exchange market views, trading strategies, and experiences in multiple languages. ​The community also offers various contests with cash prizes, encouraging engagement and learning. ​The Dukascopy social trading community is much like Arincen’s own signals platform.

Furthermore, Dukascopy supports advanced and secure chat and video conference systems, enabling members to communicate effectively. ​ This extensive educational offering ensures that traders can access valuable insights and interactive learning opportunities to improve their trading proficiency. ​

Final Thoughts on Dukascopy

Dukascopy is an excellent choice for highly experienced traders because the broker offers unique tools, solid research, and competitive rates for highly active traders. Its trading platforms are first-class, allowing traders to profit from a range of financial markets as long as they stay informed, make the right investment decisions, and use sound trading strategies.

Conclusion

Dukascopy is a Swiss-based bank and one of the most innovative and technologically advanced brokers, serving clients around the world since 2004. A competitively priced cost structure and asset selection make this ECN broker a popular choice. Both beginner and advanced traders may enjoy the ability to trade on more than 1,200 tradable assets across FOREX, binaries, and CFDs on stocks, commodities indices, and cryptocurrencies with competitive spreads.

Traders may operate portfolios in the MT4 or MT5 trading platform or the proprietary multi-asset JForex trading platform. SWFX-Swiss FX Marketplace ensures deep liquidity, further enhancing the core trading environment for both manual traders and automated trading solutions.

Plentiful trading tools and unique features add tremendous value, and the research division is excellent by any standard. Dukascopy became the first Swiss bank to launch its own cryptocurrency, Dukascoin, affirming its commitment to technology and innovation. Continually adding new services and a range of bonus programs complement today's market's most comprehensive overall offers, it is an ideal choice for established traders.

Dukascopy in Brief

Dukascopy is considered one of the best investment banks for financial markets and currencies. Founded in Switzerland, the broker offers its proprietary trading platform that can compete with the market's best. The bank also offers several asset classes, including currencies, indices, commodities, etc. Finally, it provides customers with good services and offers a relatively low spread.

Review Methodology

The team at Arincen collected more than 120 pieces of data covering more than 100 licensed FOREX companies. Data collection was done in three ways:

1. Companies’ websites.

2. Other websites that have ranked FOREX companies.

3. A survey questionnaire (referred to here as Survey “1”) was sent to the companies invited to participate in the exercise.

We have identified 12 criteria for our assessment, each containing several aspects and carrying its relative weight. These include licensing, deposits and withdrawals, number of assets, etc. 

Afterward, we validated the data by:

1. Registering with FOREX companies as a secret shopper and as Arincen.

2. Survey number “2,” in which we asked these companies’ customers for meaningful feedback and past experience.

The next step saw us evaluate and rank each company, relying on the hard work of 15 Arincen employees. We were cautious in ensuring the most accurate assessment possible, including considering different languages and the various mobile-app operating systems, e.g., Apple, Samsung, etc.

To add credibility to our research project, we sent a final and third survey (referred to here as Survey “3”) to enable participating FOREX companies to evaluate our research and whether it accurately reflects the realities on the ground. We were fortunate enough to receive a mark of 9.9 out of 10! We have kept the margin of error to a minimum, which stood at a measly 1%. Please click here to learn more about how we came up with the evaluation.