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Dukascopy

Dukascopy

Swiss broker Dukascopy operates as a bank and broker. It provides innovative online and mobile trading services, focusing on FOREX, metals, CFDs, binary options, and other financial services through proprietary and third-party technological solutions.​ Dukascopy gives traders access to various instruments in several markets. The broker offers many excellent features and services for beginner and professional traders.
Evaluation
8.11
Regulations
Minimum Deposit$100
Islamic AccountAvailable
Payment MethodsBank transfer, Credit card, Electronic Banks, Crypto, Apple Pay
Main BranchSwitzerland
Demo AccountYes
Trading PlatformsProprietary Platform (JForex platform), Web platform, MT4, MT5

Pros

  • Established in 2004.
  • Segregated client funds.
  • Regulated by FINMA and the JFSA.
  • The minimum deposit is as low as USD 100.
  • A relatively high number of features and platforms.
  • Good leverage levels of 200:1 are available in some jurisdictions.
  • Both demo and Islamic accounts.
  • Over 1200 tradable assets.
  • Good customer support.
  • Excellent proprietary trading platform, JForex.
  • Wide range of market research tools, trading contests, bonuses, and banking services.
  • Dukascopy TV is available to educate and upskill traders.

Cons

  • High withdrawal fees.
  • Inactivity fees apply in some cases.
  • Limited account types.
  • Lack of truly global coverage.

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